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INVENTORIES, NET
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
A summary of Inventories, net is presented below:
March 31,December 31,
(in millions)20252024
Raw material and supplies$888 $915 
Work in progress148 147 
Finished goods169 189 
Inventories, net$1,205 $1,251 
The cost of inventories is reduced for excess and obsolete inventories based on management’s review of on-hand inventories compared to historical and estimated future sales and usage.