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Inventories (Tables)

3 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

Inventory, current

Inventories consisted of:

($ in millions)			March 31, 2025						December 31, 2024
Finished goods			$	2,129					$	2,022
Raw materials and work in process			9,179						8,831
Supplies			290						289
Total			11,598						11,142
Decrease to LIFO cost			(846)						(840)
			$	10,752					$	10,302
Recognized as:
Inventories			$	6,196					$	6,109
Other Assets			4,556						4,193

Inventory, noncurrent

Inventories consisted of:

($ in millions)			March 31, 2025						December 31, 2024
Finished goods			$	2,129					$	2,022
Raw materials and work in process			9,179						8,831
Supplies			290						289
Total			11,598						11,142
Decrease to LIFO cost			(846)						(840)
			$	10,752					$	10,302
Recognized as:
Inventories			$	6,196					$	6,109
Other Assets			4,556						4,193

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- References

No definition available.

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483489/210-10-50-1

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- Definition

Tabular disclosure of inventories not expected to be converted to cash, sold or exchanged within the normal operating cycle including inventoried costs relating to long-term contracts or programs.

+ References

No definition available.

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