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INVENTORIES
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORIES
E. INVENTORIES

The components of inventory were as follows, in millions:
At December 31,
 20252024
Finished goods$620 $541 
Raw materials322 300 
Work in process104 97 
Total$1,046 $938 
Inventories, which include purchased parts, materials, direct labor and applied overhead, are stated at the lower of cost or net realizable value, with cost determined primarily by use of the first-in, first-out method, and to a lesser extent the average cost method.