Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current Assets
Cash and temporary investments	$ 1,159	$ 1,113
Accounts and notes receivable, net	3,116	3,059
Contract assets	434	433
Inventories	1,795	1,889
Other current assets	139	114
Total Current Assets	6,643	6,608
Plants, Properties and Equipment, net	9,960	10,150
Investments	161	163
Long-Term Financial Assets of Variable Interest Entities (Note 15)	2,326	2,312
Goodwill	3,038	3,041
Overfunded Pension Plan Assets	197	118
Right of Use Assets	438	448
Deferred Charges and Other Assets	398	421
Total Assets	23,161	23,261
Current Liabilities
Notes payable and current maturities of long-term debt	259	138
Accounts payable	2,436	2,442
Accrued payroll and benefits	637	397
Other current liabilities	1,021	982
Total Current Liabilities	4,353	3,959
Long-Term Debt	5,307	5,455
Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 15)	2,118	2,113
Deferred Income Taxes	957	1,552
Underfunded Pension Benefit Obligation	247	280
Postretirement and Postemployment Benefit Obligation	126	140
Long-Term Lease Obligations	295	312
Other Liabilities	1,129	1,095
Equity
Common stock, $1 par value, 2024 – 448.9 shares and 2023 – 448.9 shares	449	449
Paid-in capital	4,710	4,730
Retained earnings	9,705	9,491
Accumulated other comprehensive loss	(1,554)	(1,565)
Shareholders' Equity before Treasury Stock, Total	13,310	13,105
Less: Common stock held in treasury, at cost, 2024 – 101.5 shares and 2023 – 102.9 shares	4,681	4,750
Total Equity	8,629	8,355
Total Liabilities and Equity	$ 23,161	$ 23,261