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Inventories (Tables)
3 Months Ended
Apr. 02, 2017
Inventory Disclosure [Abstract]  
Schedule of Components of Inventories, Current
The following table provides the components of Inventories:
(MILLIONS OF DOLLARS)
 
April 2,
2017

 
December 31,
2016

Finished goods
 
$
3,160

 
$
2,293

Work-in-process
 
3,445

 
3,696

Raw materials and supplies
 
809

 
793

Inventories(a)
 
$
7,415

 
$
6,783

Noncurrent inventories not included above(b)
 
$
665

 
$
683


(a) 
The change from December 31, 2016 reflects the build of inventory primarily for new product launches and to meet targeted levels for certain products, partially offset by inventory reductions in the normal course of business, including those related to demand.
(b) 
Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.
Schedule of Components of Inventories, Noncurrent
The following table provides the components of Inventories:
(MILLIONS OF DOLLARS)
 
April 2,
2017

 
December 31,
2016

Finished goods
 
$
3,160

 
$
2,293

Work-in-process
 
3,445

 
3,696

Raw materials and supplies
 
809

 
793

Inventories(a)
 
$
7,415

 
$
6,783

Noncurrent inventories not included above(b)
 
$
665

 
$
683


(a) 
The change from December 31, 2016 reflects the build of inventory primarily for new product launches and to meet targeted levels for certain products, partially offset by inventory reductions in the normal course of business, including those related to demand.
(b) 
Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.