Inventories

12 Months Ended

Dec. 31, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in millions):

	December 31,
	2024		2023
Raw materials	$	818	$	993
Work in process	4,120		5,747
Finished goods	2,060		2,778
Total inventories (1)	$	6,998	$	9,518

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(1)    The decrease to Inventories during the year ended December 31, 2024, was primarily due to amortization of the inventory step-up to fair value related to acquired inventory from the Horizon acquisition. See Note 4, Acquisitions and divestitures.