v3.25.2
Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table summarizes assets and liabilities measured at fair value on a recurring basis:
 Fair Value Measurements Using
 Level 1Level 2Level 3
(Millions of dollars)June 30,
2025
December 31,
2024
June 30,
2025
December 31,
2024
June 30,
2025
December 31,
2024
Assets
Derivative assets$— $— $167 $306 $— $— 
Investments and securities*19 16 — — 13 12 
Total$19 $16 $167 $306 13 $12 
Liabilities
Derivative liabilities$— $— $383 $101 $— $— 
* Investments and securities are recorded in prepaid and other current assets and other long-term assets in the company's condensed consolidated balance sheet.