v3.25.4
Inventories, net (Tables)
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventories

Inventories consist of (in millions):

 

 

December 31,

 

 

 

2025

 

 

2024

 

Raw materials and supplies

 

$

456

 

 

$

394

 

Work in process

 

 

217

 

 

 

181

 

Finished goods and purchased products

 

 

1,387

 

 

 

1,643

 

 

 

 

2,060

 

 

 

2,218

 

Less: Inventory reserve

 

 

(261

)

 

 

(286

)

Total

 

$

1,799

 

 

$

1,932