CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 1,057	$ 611
Short-term marketable securities	9	246
Segregated cash and investments	7,525	7,212
Trade receivables - net	3,668	3,708
Inventories	9,723	11,572
Other current assets	4,310	4,369
Total Current Assets	26,292	27,718
Non-Current Assets
Investments in affiliates	5,175	5,276
Goodwill	4,769	4,509
Intangible assets	2,267	2,260
Right of use assets	1,363	1,358
Other non-current assets	988	1,313
Property, plant, and equipment, net	11,142	10,837
Total Non-Current Assets	25,704	25,553
Total Assets	51,996	53,271
Current Liabilities
Short-term debt	856	1,903
Current maturities of long-term debt	766	674
Trade payables	4,475	5,535
Payables to brokerage customers	8,585	7,772
Accrued expenses and other payables	3,466	3,730
Current lease liabilities	323	324
Total Current Liabilities	18,471	19,938
Long-Term Liabilities
Long-term debt	7,606	7,580
Deferred income taxes	1,134	1,268
Non-current lease liabilities	1,066	1,057
Other	1,032	997
Total Long-Term Liabilities	10,838	10,902
Temporary Equity - Redeemable non-controlling interest	249	253
Shareholders’ Equity
Common stock	3,270	3,223
Reinvested earnings	21,952	21,933
Accumulated other comprehensive (loss)	(2,792)	(2,988)
Non-controlling interests	8	10
Total Shareholders’ Equity	22,438	22,178
Total Liabilities, Temporary Equity, and Shareholders’ Equity	$ 51,996	$ 53,271