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INVENTORY
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
Inventory is carried at lower of cost or net realizable value using the first-in, first-out (FIFO) method. Cost components include raw materials, purchased components, direct labor, indirect labor, utilities, depreciation, inbound freight charges, purchasing and receiving costs, and inspection costs.
The components of inventory are as follows:
December 31
(In millions)20242023
Raw materials$1,614 $1,515 
Work-in-process1,038 870 
Finished goods1,576 1,354 
Total inventory$4,227 $3,739