v3.26.3
Inventories, net
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Inventories, net

2. Inventories, net

Inventories consist of (in millions):

 

 

September 30, 2026

 

 

December 31, 2025

 

Raw materials and supplies

 

$

484

 

 

$

456

 

Work in process

 

 

238

 

 

 

217

 

Finished goods and purchased products

 

 

1,512

 

 

 

1,387

 

 

 

 

2,234

 

 

 

2,060

 

Less: Inventory reserve

 

 

(278

)

 

 

(261

)

Total

 

$

1,956

 

 

$

1,799