Other Financial Information (Tables)

3 Months Ended

Apr. 03, 2022

Other Financial Information [Abstract]

Schedule of Components of Inventories, Current

The following summarizes the components of Inventories:
(MILLIONS)	April 3, 2022		December 31, 2021
Finished goods	$	3,633	$	3,641
Work-in-process	4,843		4,424
Raw materials and supplies	1,502		994
Inventories(a)	$	9,979	$	9,059
Noncurrent inventories not included above(b)	$	894	$	939

(a)The change from December 31, 2021 reflects increases for Paxlovid and Comirnaty, as well as increases for certain products mainly for network strategy and supply recovery, partially offset by decreases due to market demand.

(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 3, 2022		December 31, 2021
Finished goods	$	3,633	$	3,641
Work-in-process	4,843		4,424
Raw materials and supplies	1,502		994
Inventories(a)	$	9,979	$	9,059
Noncurrent inventories not included above(b)	$	894	$	939

(a)The change from December 31, 2021 reflects increases for Paxlovid and Comirnaty, as well as increases for certain products mainly for network strategy and supply recovery, partially offset by decreases due to market demand.

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