Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Cash payments for income taxes and interest were as follows:
  Years ended December 31,
In millions 2024 2023 2022
Cash payments for income taxes, net of refunds $ 1,175  $ 1,181  $ 903 
Cash payments for interest, net of capitalized interest 334  374  184 
Schedule of Related Party Transactions
The following is a summary of sales to and purchases from nonconsolidated equity investees:
  Years ended December 31,
In millions 2024 2023 2022
Sales to nonconsolidated equity investees $ 1,392  $ 1,548  $ 1,197 
Purchases from nonconsolidated equity investees 2,463  2,628  1,838 
The following is a summary of accounts receivable from and accounts payable to nonconsolidated equity investees:
December 31,
In millions 2024 2023 Balance Sheet Location
Accounts receivable from nonconsolidated equity investees $ 432  $ 530  Accounts and notes receivable, net
Accounts payable to nonconsolidated equity investees 281  324  Accounts payable (principally trade)
Supplier Finance Program
The following table summarizes the changes in amounts due to financial intermediaries reflected in accounts payable:
December 31,
In millions 2024 2023
Balance at the beginning of year $ 199  $ 331 
Additional invoices presented for payment 794  1,141 
Payments to financial intermediaries (850) (1,274)
Foreign currency translation adjustments and other (1) 1 
Balance at end of period $ 142  $ 199