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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 611 $ 1,368
Short-term marketable securities 246 0
Segregated cash and investments 7,212 7,228
Trade receivables - net 3,708 4,232
Inventories 11,572 11,957
Other current assets 4,369 4,982
Total Current Assets 27,718 29,767
Investments and Other Assets    
Investments in and advances to affiliates 5,276 5,500
Goodwill and other intangible assets 6,769 6,341
Right-of-use assets 1,358 1,211
Other assets 1,313 1,304
Total Investments and Other Assets 14,716 14,356
Property, Plant, and Equipment, net    
Land and land improvements 566 573
Buildings 6,143 5,876
Machinery and equipment 20,636 20,223
Construction in progress 1,553 1,360
Gross Property, Plant, and Equipment 28,898 28,032
Accumulated depreciation (18,061) (17,524)
Net Property, Plant, and Equipment 10,837 10,508
Total Assets 53,271 54,631
Current Liabilities    
Short-term debt 1,903 105
Trade payables 5,535 6,313
Payables to brokerage customers 7,772 7,867
Current lease liabilities 324 300
Accrued expenses and other payables 3,730 4,076
Current maturities of long-term debt 674 1
Total Current Liabilities 19,938 18,662
Long-Term Liabilities    
Long-term debt 7,580 8,259
Deferred income taxes 1,268 1,309
Non-current lease liabilities 1,057 931
Other 997 1,005
Total Long-Term Liabilities 10,902 11,504
Commitments and contingencies (See Note 20)
Temporary Equity - Redeemable non-controlling interest 253 320
Shareholders’ Equity    
Common stock 3,223 3,154
Reinvested earnings 21,933 23,465
Accumulated other comprehensive income (loss) (2,988) (2,487)
Non-controlling interests 10 13
Total Shareholders’ Equity 22,178 24,145
Total Liabilities, Temporary Equity, and Shareholders’ Equity $ 53,271 $ 54,631