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INVENTORIES

12 Months Ended

Dec. 31, 2023

Inventory, Net [Abstract]

INVENTORIES

INVENTORIES

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

Millions of dollars						2023						2022
Finished products						$	1,732					$	1,580
Raw materials and work in process						515						509
Total inventories						$	2,247					$	2,089

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

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- References

No definition available.

+ Details

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