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Inventories
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Inventories
11. Inventories
The components of inventory follow:
As of December 31,
(MILLIONS OF DOLLARS)20242023
Finished goods$996 $1,147 
Work-in-process933 966 
Raw materials and supplies377 451 
Inventories$2,306 $2,564