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INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2024

Inventory, Net [Abstract]

Schedule of Inventory

The following table summarizes our inventories at June 30, 2024 and December 31, 2023:

Millions of dollars						June 30, 2024						December 31, 2023
Finished products						$	1,775					$	1,732
Raw materials and work in process						534						515
Total Inventories						$	2,309					$	2,247

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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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