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Inventories | 12 Months Ended
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Dec. 31, 2021
Inventories [Abstract] |
Inventories [Text Block] | ### 16Inventories Inventories are summarized as follows: Philips Group Inventories in millions of EUR
| 2020 | 2021
--- | --- | ---
Raw materials and supplies | 992 | 1,143
Work in process | 537 | 646
Finished goods | 1,464 | 1,660
Inventories | 2,993 | 3,450
The write-down of inventories to net realizable value was EUR 177 million in 2021 (2020: EUR 180 million). The write-down is included in cost of sales.

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