Inventories, Net (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Inventories, Net
Raw materials and supplies	$ 852	$ 808
Work-in-process and finished goods	551	548
Less inventory reserves	(94)	(82)
Inventories, net	$ 1,309	$ 1,274

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- Definition

Amount before valuation reserves of merchandise or goods held by the entity that are readily available for sale and items held by the entity which are partially complete or in the process of being readied for sale.

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Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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Gross amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed.

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Amount of valuation reserve for inventory.

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