Inventories, net

6 Months Ended

Jun. 30, 2019

Inventory Disclosure [Abstract]

Inventories, net

Inventories, net

Certain U.S. inventories are measured by the last-in, first-out (“LIFO”) method at the lower of cost or market, while other U.S. and foreign operations use the first-in, first-out (“FIFO”) or average-cost methods at the lower of cost and net realizable value. Inventories consisted of the following:

	June 30,			December 31,
(in millions)	2019			2018
Raw material and supplies	$	520		$	485
Work in progress	117			114
Finished goods	198			199
FIFO inventories	835			798
LIFO reserve	(18		)	(17		)
Inventories, net	$	817		$	781