v3.26.1
Inventories (Tables)
 6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory
Inventories consisted of:
($ in millions)June 30, 2026December 31, 2025
Finished goods$686 $751 
Raw materials
12 14 
Work in process845 791 
Supplies78 81 
Total (approximates current cost)$1,621 $1,637 
Increase (Decrease) to last in, first out (“LIFO”) costs
3 5 
$1,624 $1,642 
Recognized as:
Inventories$1,351 $1,406 
Other assets273 236 
Inventories valued under the LIFO method
155 114 
Schedule of Inventory, Noncurrent
Inventories consisted of:
($ in millions)June 30, 2026December 31, 2025
Finished goods$686 $751 
Raw materials
12 14 
Work in process845 791 
Supplies78 81 
Total (approximates current cost)$1,621 $1,637 
Increase (Decrease) to last in, first out (“LIFO”) costs
3 5 
$1,624 $1,642 
Recognized as:
Inventories$1,351 $1,406 
Other assets273 236 
Inventories valued under the LIFO method
155 114