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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Changes in Allowance for Estimated Uncollectible Accounts
Changes to the allowance for estimated uncollectible accounts for the years ended December 31, 2024 and 2023 are as follows (in millions):
Year Ended December 31
20242023
Opening balance, January 1
$215 $199 
Provisions (reversals), net
(16)6 
Recoveries9 2 
Write-offs against allowance(32)(28)
Other(9)36 
Closing balance, December 31
$167 $215 
Schedule of Inventories
The following table sets forth the Company’s inventories as of December 31, 2024 and 2023 (in millions).

December 31, 2024December 31, 2023
Raw materials and supplies (1)
$1,922 $1,944 
Finished goods2,689 3,026 
Market inventories
6,961 6,987 
Total inventories$11,572 $11,957 

(1) Includes work in process inventories which were not material as of December 31, 2024 and 2023.
Schedule of Changes in Outstanding Payment Obligations
Changes to the outstanding payment obligations for the years ended December 31, 2024 and 2023 were as follows (in millions):

Year Ended December 31,
20242023
Opening balance, January 1
$274 $196 
Obligations confirmed948 1,100 
Obligations paid(1,000)(1,022)
Closing balance, December 31
$222 $274 
Schedule of Changes in Redeemable Non-controlling Interest
Changes to the Company's redeemable non-controlling interests for the years ended December 31, 2024, 2023, and 2022 are as follows (in millions):
Year Ended December 31,
202420232022
Opening balance, January 1
$320 $299 $259 
Net income (loss) attributable to redeemable non-controlling interests
(21)(6)21 
Acquisition of redeemable non-controlling interests(18)— — 
Currency translation adjustments and other
(28)27 19 
Closing balance, December 31 (1)
$253 $320 $299 

(1) As of December 31, 2024, redeemable non-controlling interests includes $136 million related to the 25% non-controlling interest for PetDine, LLC. The Company has the option to acquire this remaining 25% interest in PetDine, LLC by March 31, 2025. The non-controlling interest holders also have the option to put the 25% interest to the Company by the same date.