v3.25.2
INVENTORIES
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following (in millions):
June 30,
2025
December 31,
2024
Finished equipment$478 $406 
Replacement parts202 168 
Work-in-process125 121 
Raw materials and supplies450 452 
Inventories$1,255 $1,147 

Inventory reserves were $92 million and $79 million at June 30, 2025 and December 31, 2024, respectively.