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Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Changes to the Allowance for Estimated Uncollectible Amounts
Changes to the allowance for estimated uncollectible accounts were as follows (in millions).
Three Months Ended September 30
20242023
Opening balance, June 30$194 $174 
Reversals, net(21)(11)
Recoveries1 — 
Write-offs against allowance(4)(3)
Foreign exchange translation adjustment1 (2)
Closing balance, September 30$171 $158 
Nine Months Ended September 30
20242023
Opening balance, December 31$215 $199 
Provisions (reversals), net(28)2
Recoveries9 1 
Write-offs against allowance(20)(43)
Foreign exchange translation adjustment1 (1)
Other(6)— 
Closing balance, September 30$171 $158 
Schedule of Inventories
The following table sets forth the Company’s inventories as of September 30, 2024 and December 31, 2023 (in millions).
September 30, 2024December 31, 2023
Raw materials and supplies$1,892 $1,944 
Finished goods2,766 3,026 
Market inventories6,088 6,987 
Total inventories$10,746 $11,957