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Inventories (Tables)
6 Months Ended
Jun. 30, 2016
Inventories  
Schedule of inventories

Inventories as of June 30, 2016, and December 31, 2015, consisted of the following (in millions):

 

 

 

2016

 

 

2015

 

Raw materials

 

$

73

 

 

$

73

 

Materials and supplies

 

502

 

 

568

 

Finished goods

 

381

 

 

395

 

 

 

956

 

 

1,036

 

 

 

 

 

 

 

 

Revaluation to LIFO

 

(50

)

 

(50

)

Total

 

$

906

 

 

$

986