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RESERVE ROLLFORWARDS (Tables)

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts

Valuation and Qualifying Accounts


(Dollars in millions)									Additions
			Balance at January 1, 2024						Charges (Credits) to Cost and Expense						Other Accounts						Deductions						Balance at December 31, 2024
Reserve for:
Credit losses			$	17					$	(2)					$	—					$	—					$	15
LIFO inventory			421						(46)						—						—						375
Non-environmental asset retirement obligations			51						2						—						—						53
Environmental contingencies			284						13						—						13						284
Deferred tax valuation allowance			183						(8)						511						—						686
			$	956					$	(41)					$	511					$	13					$	1,413


(Dollars in millions)									Additions
			Balance at January 1, 2023						Charges (Credits) to Cost and Expense						Other Accounts						Deductions						Balance at December 31, 2023
Reserve for:
Credit losses			$	15					$	2					$	—					$	—					$	17
LIFO inventory			493						(72)						—						—						421
Non-environmental asset retirement obligations			51						1						—						1						51
Environmental contingencies			274						26						—						16						284
Deferred tax valuation allowance			258						(76)						1						—						183
			$	1,091					$	(119)					$	1					$	17					$	956


(Dollars in millions)									Additions
			Balance at January 1, 2022						Charges (Credits) to Cost and Expense						Other Accounts						Deductions						Balance at December 31, 2022
Reserve for:
Credit losses			$	17					$	(2)					$	—					$	—					$	15
LIFO inventory			365						128						—						—						493
Non-environmental asset retirement obligations			51						2						(1)						1						51
Environmental contingencies			281						7						—						14						274
Deferred tax valuation allowance			339						(79)						(2)						—						258
			$	1,053					$	56					$	(3)					$	15					$	1,091