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INVENTORIES, NET
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
Inventories, net were as follows:
Year Ended December 31,
(in millions)20242023
Raw materials and supplies$172 $185 
Work-in-process72 77 
Finished goods320 362 
Inventories, net$564 $624 

The Company’s inventory reserve was $98 million and $107 million at December 31, 2024 and 2023, respectively. Inventories are stated at the lower of cost and net realizable value.