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Inventories
9 Months Ended
Sep. 30, 2017
Inventories  
Inventories

 

Note 6.  Inventories

 

Inventories are composed of the following:

 

(In millions)

 

 

 

 

 

September 30,
2017

 

December 31,
2016

Finished goods

 

 

 

 

$

1,875

$

1,947

Work in process

 

 

 

 

 

2,697

 

2,742

Raw materials and components

 

 

 

 

 

813

 

724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,385

 

5,413

Progress/milestone payments

 

 

 

 

 

(867)

 

(949)

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

$

4,518

$

4,464