v3.26.1
Inventories
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventories

Note 9. Inventories

Inventories of our insurance and other businesses are comprised of the following (in millions).

 

March 31,
2026

 

 

December 31,
2025

 

Raw materials and supplies

$

5,242

 

 

$

5,020

 

Work in process and other

 

3,847

 

 

 

3,625

 

Finished manufactured goods

 

6,244

 

 

 

5,698

 

Goods acquired for resale

 

10,190

 

 

 

10,081

 

$

25,523

 

 

$

24,424

 

Inventories, materials and supplies of our railroad, utilities and energy businesses are included in other assets and were approximately $3.2 billion as of March 31, 2026 and December 31, 2025.