INVENTORY



AS AT DEC. 31 (MILLIONS)	2019		2018
Residential properties under development	$	3,007	$	2,001
Land held for development	1,781		1,794
Completed residential properties	998		1,398
Industrial products	2,816		914
Other¹	1,670		882
Total	$	10,272	$	6,989


1.	Other includes fuel inventory of $690 million (2018 – $585 million).

The current and non-current balances of inventory are as follows:



AS AT DEC. 31 (MILLIONS)	2019		2018
Current	$	7,054	$	4,578
Non-current	3,218		2,411
Total	$	10,272	$	6,989

During the year ended December 31, 2019, the company recognized $26.5 billion (2018 – $25.7 billion) of inventory relating to cost of goods sold and a $38 million expense of impaired inventory (2018 – $22 million recovery of previously impaired inventory). The carrying amount of inventory pledged as collateral at December 31, 2019 was $4.7 billion (2018 – $3.5 billion).