Annual report pursuant to Section 13 and 15(d)

INVENTORIES

v3.10.0.1
INVENTORIES
 12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
INVENTORIES NOTE 6. INVENTORIES
Inventories are stated at the lower of cost or market. Inventories included the following:
 
 
December 31,
In millions
 
2018
 
2017
Finished products
 
$
2,405

 
$
2,078

Work-in-process and raw materials
 
1,487

 
1,216

Inventories at FIFO cost
 
3,892

 
3,294

Excess of FIFO over LIFO
 
(133
)
 
(128
)
Total inventories
 
$
3,759

 
$
3,166