Inventories, net

12 Months Ended

Dec. 31, 2015

Note 7 – Inventories, net

Inventories, net consisted of the following (in millions):


	2015			2014
Work-in-process, primarily related to long-term contracts and programs in progress	$	8,199		$	6,731
Less: customer advances and progress payments		(5,035	)		(4,701)
		3,164			2,030
Other inventories		1,798			774
Total inventories, net	$	4,962		$	2,804

Work-in-process inventories at December 31, 2015 and 2014 included general and administrative costs of $578 million and $698 million. General and administrative costs incurred and recorded in inventories totaled $2.8 billion in 2015, $2.6 billion in 2014 and $2.4 billion in 2013. General and administrative costs charged to cost of sales from inventories totaled $2.9 billion in 2015, $2.6 billion in 2014 and $2.4 billion in 2013.