Inventories (Tables)

12 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Schedule of Components of Inventories, Current

The following table provides the components of Inventories:
	As of December 31,
(MILLIONS OF DOLLARS)	2016		2015
Finished goods	$	2,293	$	2,714
Work in process	3,696		3,932
Raw materials and supplies	793		867
Inventories(a)	$	6,783	$	7,513
Noncurrent inventories not included above(b)	$	683	$	594

^(a)  The change from December 31, 2015 reflects, among other things, the reclassification of $377 million to Assets held for sale (see Note 2B).

^(b)  Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.

Schedule of Component of Inventories, Noncurrent

The following table provides the components of Inventories:
	As of December 31,
(MILLIONS OF DOLLARS)	2016		2015
Finished goods	$	2,293	$	2,714
Work in process	3,696		3,932
Raw materials and supplies	793		867
Inventories(a)	$	6,783	$	7,513
Noncurrent inventories not included above(b)	$	683	$	594

^(a)  The change from December 31, 2015 reflects, among other things, the reclassification of $377 million to Assets held for sale (see Note 2B).

^(b)  Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.