Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Schedule of shares of common stock

The following table summarizes total shares of common stock outstanding:

	December 31
Millions of shares	2023	2022
Issued	1,065	1,066
In treasury	(176)	(164)
Total shares of common stock outstanding	889	902

Schedule of accumulated other comprehensive income (loss)

Accumulated other comprehensive loss consisted of the following:

		December 31
Millions of dollars		2023		2022
Cumulative translation adjustment		$	(84)	$	(84)
Defined benefit and other postretirement liability adjustments (a)		(207)		(101)
Other		(40)		(45)
Total accumulated other comprehensive loss		$	(331)	$	(230)
(a)	Included net actuarial losses for our international pension plans of $209 million at December 31, 2023 and $98 million at December 31, 2022.