Inventories

3 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

Inventories

Note 9. Inventories

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

	March 31, 2025		December 31, 2024
Raw materials	$	5,500	$	5,421
Work in process and other		3,237		3,150
Finished manufactured goods		5,115		4,898
Goods acquired for resale		10,182		10,539
	$	24,034	$	24,008

Inventories, materials and supplies of our railroad, utilities and energy businesses are included in other assets and were approximately $3.0 billion as of March 31, 2025 and December 31, 2024.