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Inventories
9 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
Inventories

Note 10. Inventories

Inventories of our insurance and other businesses are comprised of the following (in millions).

 

September 30,
2024

 

 

December 31,
2023

 

Raw materials

$

5,647

 

 

$

6,026

 

Work in process and other

 

3,430

 

 

 

3,345

 

Finished manufactured goods

 

5,167

 

 

 

4,969

 

Goods acquired for resale

 

9,373

 

 

 

9,819

 

$

23,617

 

 

$

24,159

 

Inventories, materials and supplies of our railroad, utilities and energy businesses are included in other assets and were approximately $4.0 billion at September 30, 2024 and $4.2 billion as of December 31, 2023. Such inventories included approximately $1.1 billion at September 30, 2024 and $1.7 billion at December 31, 2023 attributable to Pilot.