Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current Assets
Cash and temporary investments	$ 1,170	$ 1,113
Accounts and notes receivable (less allowances of $30 in 2024 and $34 in 2023)	2,966	3,059
Contract assets	396	433
Inventories	1,784	1,889
Other current assets	108	114
Total Current Assets	6,424	6,608
Plants, Properties and Equipment, net	9,658	10,150
Investments	160	163
Long-Term Financial Assets of Variable Interest Entities (Note 14)	2,331	2,312
Goodwill	3,038	3,041
Overfunded Pension Plan Assets	92	118
Right of Use Assets	433	448
Deferred Charges and Other Assets	664	421
TOTAL ASSETS	22,800	23,261
Current Liabilities
Notes payable and current maturities of long-term debt	193	138
Accounts payable	2,316	2,442
Accrued payroll and benefits	749	397
Other current liabilities	1,000	982
Total Current Liabilities	4,258	3,959
Long-Term Debt	5,368	5,455
Long-Term Nonrecourse Financial Liabilities of Variable Interest Entities (Note 14)	2,120	2,113
Deferred Income Taxes	1,072	1,552
Underfunded Pension Benefit Obligation	233	280
Postretirement and Postemployment Benefit Obligation	133	140
Long-Term Lease Obligations	292	312
Other Liabilities	1,151	1,095
Commitments and Contingent Liabilities (Note 13)
Equity
Common stock $1 par value, 2024 - 448.9 shares and 2023 - 448.9 shares	449	449
Paid-in capital	4,732	4,730
Retained earnings	9,393	9,491
Accumulated other comprehensive loss	(1,722)	(1,565)
Total Shareholders' Equity Before Treasury Stock	12,852	13,105
Less: Common stock held in treasury, at cost, 2024 – 101.5 shares and 2023 – 102.9 shares	4,679	4,750
Total Equity	8,173	8,355
TOTAL LIABILITIES AND EQUITY	$ 22,800	$ 23,261