Notes to Financial Statements

NOTE 6  INVENTORIES

The components of inventories were as follows:

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

2022

 

 

June 30,

2022

 

 

 

 

Raw materials

 

$

1,060

 

 

$

1,144

 

Work in process

 

 

38

 

 

 

82

 

Finished goods

 

 

1,882

 

 

 

2,516

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

2,980

 

 

$

3,742