v3.22.4
INVENTORIES (Notes)
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
The following table provides a breakdown of inventories:

Inventories at Dec 31
In millions20222021
Finished goods$218 $238 
Work in process37 33 
Raw materials76 59 
Supplies87 76 
Total$418 $406 
Adjustment of inventories to the LIFO basis(162)(156)
Total inventories$256 $250 
Inventories valued on the LIFO basis, principally U.S. chemicals and plastics product inventories, represented 65 percent of the total inventories at December 31, 2022 and 64 percent of the total inventories at December 31, 2021.