Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)

v3.21.2
SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The following is a roll forward of our allowance for credit losses associated with Accounts receivable, net:
(In Millions)
2021 2020
Allowance for credit losses as of January 1 $ (5) $ — 
Increase in allowance —  (5)
Allowance for credit losses as of September 30 $ (5) $ (5)
Schedule of Inventory, Current
The following table presents the detail of our Inventories in the Statements of Unaudited Condensed Consolidated Financial Position:
(In Millions)
September 30,
2021		 December 31,
2020
Product inventories
Finished and semi-finished goods $ 2,510  $ 2,125 
Raw materials 1,711  1,431 
Total product inventories 4,221  3,556 
Manufacturing supplies and critical spares 284  272 
Inventories $ 4,505  $ 3,828 
Schedule of Cash Flow, Supplemental Disclosures
A reconciliation of capital additions to cash paid for capital expenditures is as follows:
(In Millions)
Nine Months Ended
September 30,
2021 2020
Capital additions $ 572  $ 333 
Less:
Non-cash accruals 64  (89)
Right-of-use assets - finance leases 35  43 
Cash paid for capital expenditures including deposits $ 473  $ 379 
Cash payments (receipts) for income taxes and interest are as follows:
(In Millions)
Nine Months Ended
September 30,
2021 2020
Taxes paid on income $ 38  $ 3 
Income tax refunds (15) (119)
Interest paid on debt obligations net of capitalized interest1
231  117 
1 Capitalized interest was $4 million and $38 million for the nine months ended September 30, 2021 and 2020, respectively.