Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.19.3
INVENTORIES
9 Months Ended
Sep. 29, 2019
Inventory Disclosure [Abstract]  
INVENTORIES
NOTE 8. INVENTORIES
Inventories are stated at the lower of cost or market. Inventories included the following:
 
In millions
 
September 29,
2019
 
December 31,
2018
Finished products
 
$
2,421

 
$
2,405

Work-in-process and raw materials
 
1,526

 
1,487

Inventories at FIFO cost
 
3,947

 
3,892

Excess of FIFO over LIFO
 
(126
)
 
(133
)
Total inventories
 
$
3,821

 
$
3,759