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Business Combinations and Divestitures (Tables)
3 Months Ended
Mar. 31, 2025
Business Combinations [Abstract]  
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following is a summary of the preliminary estimated fair values of the assets acquired and liabilities assumed as of April 5, 2024 (dollars in millions):

 

Assets:

 

 

 

Inventories

 

$

47

 

Property, plant and equipment 1

 

 

2,052

 

Intangible assets, other than goodwill

 

 

19

 

Other assets

 

 

2

 

Total assets

 

 

2,120

 

Liabilities:

 

 

 

Deferred income taxes

 

 

234

 

Asset retirement obligations

 

 

3

 

Other liabilities

 

 

95

 

Total liabilities

 

 

332

 

Net identifiable assets acquired

 

 

1,788

 

Goodwill

 

 

262

 

Total consideration

 

$

2,050

 

1 Includes mineral reserves of $1.9 billion.