Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.8.0.1
INVENTORIES (Tables)
 9 Months Ended
Oct. 01, 2017
Inventory Disclosure [Abstract]  
Inventories Inventories are stated at the lower of cost or market. Inventories included the following: 
In millions
 
October 1,
2017
 
December 31,
2016
Finished products
 
$
2,027

 
$
1,779

Work-in-process and raw materials
 
1,243

 
1,005

Inventories at FIFO cost
 
3,270

 
2,784

Excess of FIFO over LIFO
 
(124
)
 
(109
)
Total inventories
 
$
3,146

 
$
2,675