Inventory, Net

12 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

Inventory, Net

NOTE 7: INVENTORY, NET

(dollars in millions)	2022		2021
Raw materials	$	3,477	$	3,024
Work-in-process	3,839		3,085
Finished goods	3,301		3,069
Total inventory, net	$	10,617	$	9,178

Raw materials, work-in-process and finished goods are net of total valuation reserves of $2.2 billion and $2.0 billion as of December 31, 2022 and 2021, respectively.