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Inventories (Tables)
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Summary of Inventory

Inventories, which are stated at the lower of average cost or net realizable value, consist of the following:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

Raw materials & field materials

$

1,594

 

 

$

1,573

 

Work in progress

 

425

 

 

 

464

 

Finished goods

 

1,253

 

 

 

1,317

 

 

$

3,272

 

 

$

3,354