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Inventories
9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
Inventories

4. Inventories

A summary of inventories, which are stated at the lower of average cost or net realizable value, is as follows:

(Stated in millions)

 

 

 

 

 

 

 

 

Sept. 30,

 

 

Dec. 31,

 

 

2023

 

 

2022

 

Raw materials & field materials

$

2,316

 

$

2,085

 

Work in progress

 

612

 

 

 

547

 

Finished goods

 

1,377

 

 

1,367

 

$

4,305

 

$

3,999