Working Capital Detail



($ in millions)		2014		2013
Receivables
	Trade - net⁽¹⁾	$	2,366	$	2,449
	Equity affiliates	10		10
	Other - net	439		277
	Total	$	2,815	$	2,736
Inventories⁽²⁾
	Finished products	$	1,169	$	1,156
	Work in process	157		160
	Raw materials	439		440
	Supplies	60		68
	Total	$	1,825	$	1,824
Accounts payable and accrued liabilities
	Trade	$	1,919	$	1,790
	Accrued payroll	497		506
	Customer rebates	264		225
	Other postretirement and pension benefits	94		93
	Income taxes	62		80
	Other	712		571
	Total	$	3,548	$	3,265


(1)	Allowance for Doubtful Accounts equaled $87 million and $74 million as of December 31, 2014 and 2013, respectively.

(2)

Inventories valued using the LIFO method of inventory valuation comprised 40% and 38% of total gross inventory values as of December 31, 2014 and 2013, respectively. If the FIFO method of inventory valuation had been used, inventories would have been $182 million and $195 million higher as of December 31, 2014 and 2013, respectively. During the year ended December 31, 2014 and 2013, certain inventories accounted for on the LIFO method of accounting were reduced, which resulted in the liquidation of certain quantities carried at costs prevailing in prior years. The effect on income from continuing operations was expense of $0.3 million and income of $0.7 million for the years ended December 31, 2014 and 2013, respectively.