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Interest Expense, Net
12 Months Ended
Dec. 31, 2024
Interest Expense, Net [Abstract]  
Interest Expense, Net
10. INTEREST EXPENSE, NET
Interest expense, net consisted of the following:
For the
Year ended December 31
millions of dollars
2024
2023
Interest on debt
 
$
 
1,004
$
 
954
Allowance for borrowed funds used during construction
(23)
(16)
Other
(8)
(13)
$
 
973
$
 
925