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Inventories | 12 Months Ended
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Dec. 31, 2018
Inventory Disclosure [Abstract] |
Inventories | Inventories
The following table provides the components of Inventories:
|  | As of December 31,
(MILLIONS OF DOLLARS) |  | 2018 |  |  | 2017 |
Finished goods |  | $ | 2,262 |  |  | $ | 2,883 |
Work in process |  | 4,701 |  |  | 3,908 |
Raw materials and supplies |  | 546 |  |  | 788 |
Inventories(a) |  | $ | 7,508 |  |  | $ | 7,578 |
Noncurrent inventories not included above(b) |  | $ | 618 |  |  | $ | 683 |
(a) | The change from December 31, 2017 primarily reflects the reclassification of $538 million to Assets held for sale during the fourth quarter of 2018 (see Note 2C) and a decrease due to foreign exchange, partially offset by increases for certain products to meet targeted levels in the normal course of business, primarily for inventory build for supply recovery, new product launches and the movement of products within our manufacturing network.
(b) | Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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