v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories
4. INVENTORIES
Inventories are stated at the lower of cost, determined on a first-in, first-out basis, or net realizable value, including direct material costs and direct and indirect manufacturing costs. A summary of inventories is shown below:
June 30,
2026
December 31,
2025
(in millions)
Productive material$392 $382 
Work-in-process110 98 
Finished goods270 292 
Total$772 $772