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Inventories | 6 Months Ended
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Jun. 28, 2020
Inventory Disclosure [Abstract] |
Inventories | Inventories
The following table provides the components of Inventories:
(MILLIONS OF DOLLARS) |  | June 28, 2020 |  |  | December 31, 2019 |
Finished goods |  | $ | 3,002 |  |  | $ | 2,750 |
Work-in-process |  | 4,810 |  |  | 4,743 |
Raw materials and supplies |  | 752 |  |  | 790 |
Inventories(a) |  | $ | 8,564 |  |  | $ | 8,283 |
Noncurrent inventories not included above(b) |  | $ | 962 |  |  | $ | 714 |
(a) | The change from December 31, 2019 reflects increases for certain products, including inventory build for new product launches, network strategy and market demand, partially offset by a decrease due to foreign exchange.
(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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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