v3.25.4
INVENTORIES
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
All inventories are stated at the lower of cost or net realizable value. Cost of our inventories is determined by costing methods that approximate a first-in, first-out basis. Inventories at December 31 were as follows (in millions):
 20242025
Raw materials, work-in-process, and supplies$5,394 $6,020 
Finished products9,557 9,265 
Total inventories
$14,951 $15,285