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Inventories
 9 Months Ended
Sep. 30, 2024
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,

 

 

2024

 

 

2023

 

Raw materials & field materials

$

2,456

 

$

2,296

 

Work in progress

 

831

 

 

 

762

 

Finished goods

 

1,286

 

 

1,329

 

$

4,573

 

$

4,387