v3.25.2
RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Equity Method Investments
Amounts attributable to equity method investees are as follows:

(In millions)202420232022
Sales to equity method investees included in Product sales
$2,956 $2,920 $2,845 
Purchases from equity method investees included in Cost of products sold
$237 $214 $331 

The Company had receivables from and payables to equity method investees as follows:

(In millions)20242023
Receivables from equity method investees included in Accounts receivable, net
$363 $231 
Payables to equity method investees included in Accounts payable
$32 $44 
Summarized unaudited financial information for equity method investments is as follows:

(In millions)20242023
Current assets$12,823 $11,432 
Non-current assets2,396 1,834 
Total assets15,219 13,266 
Current liabilities(11,053)(9,296)
Non-current liabilities(210)(190)
Total liabilities(11,263)(9,486)
Total net equity of investees$3,956 $3,780 


(In millions)202420232022
Net sales$17,567 $16,180 $11,524 
Gross profit$3,063 $2,862 $2,274 
Income from continuing operations$700 $655 $757 
Net earnings (loss)$700 $655 $757