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Inventories
 12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories at December 31 consisted of:
20222021
Finished goods$1,841 $1,747 
Raw materials and work in process7,063 6,220 
Supplies238 196 
Total (approximates current cost)9,142 8,163 
Decrease to LIFO cost(293)(16)
 $8,849 $8,147 
Recognized as:
Inventories$5,911 $5,953 
Other Assets2,938 2,194 
Inventories valued under the LIFO method comprised approximately $3.4 billion and $3.3 billion at December 31, 2022 and 2021, respectively. Amounts recognized as Other Assets are comprised almost entirely of raw materials and work in process inventories. At December 31, 2022 and 2021, these amounts included $2.4 billion and $1.9 billion, respectively, of inventories not expected to be sold within one year. In addition, these amounts included $516 million and $256 million at December 31, 2022 and 2021, respectively, of inventories produced in preparation for product launches.