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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Changes in Allowance for Estimated Uncollectible Accounts | Changes to the allowance for estimated uncollectible accounts for the years ended December 31, 2024 and 2023 are as follows (in millions):
| Year Ended December 31
| 2024 |  | 2023
Opening balance, January 1 | $ | 215 |  |  | $ | 199 |
Provisions (reversals), net | (16) |  |  | 6 |
Recoveries | 9 |  |  | 2 |
Write-offs against allowance | (32) |  |  | (28) |
Other | (9) |  |  | 36 |
Closing balance, December 31 | $ | 167 |  |  | $ | 215 |
Schedule of Inventories | The following table sets forth the Company’s inventories as of December 31, 2024 and 2023 (in millions).
| December 31, 2024 |  | December 31, 2023
Raw materials and supplies (1) | $ | 1,922 |  |  | $ | 1,944 |
Finished goods | 2,689 |  |  | 3,026 |
Market inventories | 6,961 |  |  | 6,987 |
Total inventories | $ | 11,572 |  |  | $ | 11,957 |
(1) Includes work in process inventories which were not material as of December 31, 2024 and 2023.
Schedule of Changes in Outstanding Payment Obligations | Changes to the outstanding payment obligations for the years ended December 31, 2024 and 2023 were as follows (in millions):
| Year Ended December 31,
| 2024 |  | 2023
Opening balance, January 1 | $ | 274 |  |  | $ | 196 |
Obligations confirmed | 948 |  |  | 1,100 |
Obligations paid | (1,000) |  |  | (1,022) |
Closing balance, December 31 | $ | 222 |  |  | $ | 274 |
Schedule of Changes in Redeemable Non-controlling Interest | Changes to the Company's redeemable non-controlling interests for the years ended December 31, 2024, 2023, and 2022 are as follows (in millions):
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Opening balance, January 1 | $ | 320 |  |  | $ | 299 |  |  | $ | 259 |
Net income (loss) attributable to redeemable non-controlling interests | (21) |  |  | (6) |  |  | 21 |
Acquisition of redeemable non-controlling interests | (18) |  |  | — |  |  | — |
Currency translation adjustments and other | (28) |  |  | 27 |  |  | 19 |
Closing balance, December 31 (1) | $ | 253 |  |  | $ | 320 |  |  | $ | 299 |
(1) As of December 31, 2024, redeemable non-controlling interests includes $136 million related to the 25% non-controlling interest for PetDine, LLC. The Company has the option to acquire this remaining 25% interest in PetDine, LLC by March 31, 2025. The non-controlling interest holders also have the option to put the 25% interest to the Company by the same date.

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