v3.25.2
Inventories, Net
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventories, Net
5 – Inventories, Net

Inventories are reported net of reserves of $122 million and $115 million as of June 30, 2025 and December 31, 2024, respectively, and are presented by category in the table below:
(Dollars in millions)June 30, 2025December 31, 2024
Finished Goods$775 $778 
Work in Process and Raw Materials, Components and Supplies106 102 
Inventories, Net$881 $880 

The change in inventory reserves includes inventory charges, primarily offset by the disposal of inventory previously reserved. The charges are recorded in “Cost of Products” on our Condensed Consolidated Statements of Operations in the amount of $9 million and $14 million in the three and six months ended June 30, 2025, respectively, and $9 million and $15 million during the three and six months ended June 30, 2024, respectively.