v3.26.1
Note 4 - Inventories - Inventories (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Raw materials and supplies $ 186 $ 163
Work in progress 40 39
Finished goods 705 658
Total 931 860
LIFO reserves (46) (42)
Net inventories [1] $ 885 $ 818
[1] At March 31, 2026 and December 31, 2025, respectively, $8 and $3 of cash and cash equivalents, $20 and $24 of accounts and notes receivable (net), $64 and $50 of inventories, $122 each of property, plant and equipment (net), $36 and $35 of other noncurrent assets, $121 and $91 of accounts payable, $18 and $22 of accrued liabilities, $5 and $7 of current portion of debt, $6 each of current operating lease liabilities, $66 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.