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Inventories | 12 Months Ended
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Dec. 31, 2017
Disclosure of Inventories [Abstract] |
Disclosure of inventories [Text block] | Table of Contents ### Note 15Inventories Inventories are summarized as follows: Philips Group Inventories in millions of EUR 2016 - 2017
| 2016 | 2017
Raw materials and supplies | 1,040 | 715
Work in process | 446 | 358
Finished goods | 1,906 | 1,280
Inventories | 3,392 | 2,353
The write-down of inventories to net realizable value was EUR 150 million in 2017 (2016: EUR 105 million). The write-down is included in cost of sales.

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