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INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2024
Inventory, Net [Abstract]  
Schedule of Inventory
The following table summarizes our inventories at December 31, 2024 and 2023:
Millions of dollars20242023
Finished products$1,463 $1,732 
Raw materials and work in process572 515 
Total inventories$2,035 $2,247