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Inventories (Tables)
3 Months Ended
Mar. 31, 2017
Inventories  
Schedule of inventories

 

Inventories as of March 31, 2017, and December 31, 2016, consisted of the following (in millions):

 

 

 

2017

 

2016

 

Raw materials

 

$

66

 

$

65

 

Materials and supplies

 

452

 

446

 

Finished goods

 

526

 

395

 

 

 

 

 

 

 

 

 

1,044

 

906

 

Revaluation to LIFO

 

(39

)

(40

)

 

 

 

 

 

 

Total

 

$

1,005

 

$

866