Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.20.1
INVENTORIES (Tables)
3 Months Ended
Mar. 29, 2020
Inventory Disclosure [Abstract]  
Inventories
Inventories are stated at the lower of cost or market. Inventories included the following: 
In millions March 29,
2020
December 31,
2019
Finished products $ 2,223    $ 2,214   
Work-in-process and raw materials 1,488    1,395   
Inventories at FIFO cost 3,711    3,609   
Excess of FIFO over LIFO (132)   (123)  
Total inventories $ 3,579    $ 3,486