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INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2023

Inventory, Net [Abstract]

Schedule of Inventory

The following table summarizes our inventories at September 30, 2023 and December 31, 2022:

Millions of dollars						September 30, 2023						December 31, 2022
Finished products						$	1,861					$	1,580
Raw materials and work in process						527						509
Total Inventories						$	2,388					$	2,089

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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