v3.26.1
INVENTORIES
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
 March 31,December 31,
(Dollars in millions)20262025
Finished goods$1,405 $1,361 
Work in process331 300 
Raw materials and supplies675 657 
Total inventories at FIFO or average cost2,411 2,318 
Less: LIFO reserve333 338 
Total inventories$2,078 $1,980 
Inventories valued on the last-in, first-out ("LIFO") method were approximately 55 percent of total inventories at both March 31, 2026 and December 31, 2025.