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INVENTORIES (Tables)
3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Summary of Inventories
Inventories as of March 31, 2024 and December 31, 2023 consist of the following (in millions of dollars):
March 31, 2024December 31, 2023
Raw materials$1,883 $1,891 
Work-in-process588 443 
Finished goods3,718 3,211 
Total inventories$6,189 $5,545