Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.2.0.727
INVENTORIES (Tables)
 6 Months Ended
Jun. 28, 2015
Inventory Disclosure [Abstract]  
Inventories
Inventories are stated at the lower of cost or market. Inventories included the following:
 
In millions
 
June 28,
2015
 
December 31,
2014
Finished products
 
$
1,888

 
$
1,859

Work-in-process and raw materials
 
1,216

 
1,129

Inventories at FIFO cost
 
3,104

 
2,988

Excess of FIFO over LIFO
 
(118
)
 
(122
)
Total inventories
 
$
2,986

 
$
2,866