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INVENTORIES (Tables) | 6 Months Ended
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Jun. 30, 2022
Inventory, Net [Abstract] |
Schedule of Inventory | The following table summarizes our inventories at June 30, 2022 and December 31, 2021:
Millions of dollars |  | June 30, 2022 |  | December 31, 2021
Finished products |  | $ | 2,502 |  |  | $ | 1,958 |
Raw materials and work in process |  | 716 |  |  | 759 |
Total Inventories |  | $ | 3,218 |  |  | $ | 2,717 |

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