Quarterly report [Sections 13 or 15(d)]

Note 4 - Inventories - Inventories (Details)

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Note 4 - Inventories - Inventories (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Raw materials and supplies $ 194 $ 163
Work in progress 36 39
Finished goods 725 658
Total 955 860
LIFO reserves (50) (42)
Net inventories [1] $ 905 $ 818
[1] At September 30, 2026 and December 31, 2025, respectively, $8 and $3 of cash and cash equivalents, $16 and $24 of accounts and notes receivable (net), $64 and $50 of inventories, $114 and $122 of property, plant and equipment (net), $39 and $35 of other noncurrent assets, $107 and $91 of accounts payable, $20 and $22 of accrued liabilities, nil and $7 of current portion of debt, $6 each of current operating lease liabilities, $54 and $12 of noncurrent operating lease liabilities and $15 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 5. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.