Other Financial Information (Tables)

3 Months Ended

Apr. 04, 2021

Other Financial Information [Abstract]

Schedule of Components of Inventories, Current

The following summarizes the components of Inventories:
(MILLIONS)	April 4, 2021		December 31, 2020
Finished goods	$	3,289	$	2,878
Work-in-process	4,364		4,430
Raw materials and supplies	840		738
Inventories(a)	$	8,493	$	8,046
Noncurrent inventories not included above(b)	$	981	$	890

(a)The change from December 31, 2020 reflects increases for certain products, including inventory build for new product launches and market demand, and an increase due to foreign exchange.

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

Schedule of Components of Inventories, Noncurrent

The following summarizes the components of Inventories:
(MILLIONS)	April 4, 2021		December 31, 2020
Finished goods	$	3,289	$	2,878
Work-in-process	4,364		4,430
Raw materials and supplies	840		738
Inventories(a)	$	8,493	$	8,046
Noncurrent inventories not included above(b)	$	981	$	890

(a)The change from December 31, 2020 reflects increases for certain products, including inventory build for new product launches and market demand, and an increase due to foreign exchange.

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