SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory

The following table presents the detail of our Inventories on the Statements of Unaudited Condensed Consolidated Financial Position:

(In millions)	March 31, 2025		December 31, 2024
Product inventories
Finished and semi-finished goods	$	2,396	$	2,393
Raw materials	1,974		2,208
Total product inventories	4,370		4,601
Manufacturing supplies and critical spares	516		493
Inventories	$	4,886	$	5,094

Schedule of Supplemental Cash Flow Information

A reconciliation of capital additions to cash paid for capital expenditures is as follows:

	Three Months Ended March 31,
(In millions)	2025		2024
Capital additions	$	129	$	157
Less:
Non-cash accruals	(68)		(45)
Equipment financed with seller	16		—
Right-of-use assets - finance leases	29		20
Cash paid for capital expenditures including deposits	$	152	$	182

Cash payments (receipts) for income taxes and interest are as follows:

	Three Months Ended March 31,
(In millions)	2025		2024
Income taxes paid	$	1	$	1
Income tax refunds	(5)		(2)
Interest paid on debt obligations net of capitalized interest1	77		53
1 Capitalized interest was $4 million for both the three months ended March 31, 2025 and 2024, respectively.