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Other Financial Information
6 Months Ended
Jul. 03, 2022
Other Financial Information [Abstract]  
Other Financial Information Other Financial Information
A. Inventories
The following summarizes the components of Inventories:
(MILLIONS)July 3,
2022
December 31, 2021
Finished goods$3,219 $3,641 
Work-in-process5,194 4,424 
Raw materials and supplies2,041 994 
Inventories(a)
$10,454 $9,059 
Noncurrent inventories not included above(b)
$943 $939 
(a)The increase from December 31, 2021 primarily reflects higher inventory levels for Paxlovid, and increases for certain products due to network strategy and supply recovery, partially offset by decreases due to market demand.
(b)Included in Other noncurrent assets.
B. Other Current Liabilities
Other current liabilities includes, among other things, amounts payable to BioNTech for the gross profit split for Comirnaty, which totaled $7.9 billion as of July 3, 2022 and $9.7 billion as of December 31, 2021.