v3.25.2
Assets Held for Sale (Tables)
6 Months Ended
Jun. 30, 2025
Assets Held For Sale [Abstract]  
Summary of Balance Sheet Disclosure
The following table summarizes the assets and liabilities held for sale in the Consolidated Balance Sheets:
June 30, 2025
Millions of dollars
European Assets
U.S. Specialty Powders Business
Total
ASSETS
Accounts receivable - Trade, net$345 $— $345 
Inventories399 10 409 
Prepaid expenses and other current assets30 — 30 
Operating lease assets10 17 
Equity investments29 — 29 
Goodwill— 
Total assets held for sale$813 $19 $832 
LIABILITIES
Accounts payable - Trade$207 $— $207 
Accrued and other current liabilities112 113 
Operating lease liabilities13 
Other liabilities219 220 
Deferred income taxes14 — 14 
Total liabilities held for sale$559 $$567