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Inventories, net (Tables)
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

Inventories consist of (in millions):

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Raw materials and supplies

 

$

425

 

 

$

394

 

Work in process

 

 

183

 

 

 

181

 

Finished goods and purchased products

 

 

1,618

 

 

 

1,643

 

 

 

 

2,226

 

 

 

2,218

 

Less: Inventory reserve

 

 

(284

)

 

 

(286

)

Total

 

$

1,942

 

 

$

1,932