Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.8.0.1
INVENTORIES
 3 Months Ended
Apr. 01, 2018
Inventory Disclosure [Abstract]  
INVENTORIES NOTE 8. INVENTORIES
Inventories are stated at the lower of cost or market. Inventories included the following:
 
In millions
 
April 1,
2018
 
December 31,
2017
Finished products
 
$
2,196

 
$
2,078

Work-in-process and raw materials
 
1,337

 
1,216

Inventories at FIFO cost
 
3,533

 
3,294

Excess of FIFO over LIFO
 
(122
)
 
(128
)
Total inventories
 
$
3,411

 
$
3,166