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Inventories
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventories

5. Inventories

A summary of inventories, which are stated at the lower of average cost or net realizable value, is as follows:

(Stated in millions)

 

 

 

 

 

 

 

 

Mar. 31,

 

 

Dec. 31,

 

 

2026

 

 

2025

 

Raw materials & field materials

$

2,619

 

$

2,550

 

Work in progress

 

871

 

 

 

797

 

Finished goods

 

1,784

 

 

1,685

 

$

5,274

 

$

5,032