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Inventories
3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventories
10. Inventories
The components of inventory are as follows:
March 31,December 31,
(MILLIONS OF DOLLARS)20242023
Finished goods$1,120 $1,147 
Work-in-process1,051 966 
Raw materials and supplies480 451 
Inventories$2,651 $2,564