v3.25.4
Other Financial Information - Schedule of Other Financial Information (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Debt Disclosure [Abstract]      
Total financing interest and debt costs $ 1,392 $ 773 $ 617
Less: Capitalized interest 175 179 148
Interest and debt expense 1,217 594 469
Research and development expenses 427 353 320
Excess of replacement cost over the carrying value of inventories (LIFO method) 4,808 5,997 6,455
LIFO profits (losses) on inventory drawdowns included in earnings (38) (111) 14
Foreign currency effects (469) 520 (224)
Company’s share of equity affiliates foreign currency effects $ (3) $ 45 $ (11)