Note 11: Inventories
| December 31 (In millions) | 2007 | 2006 |
|---|---|---|
| GE | ||
| Raw materials and work in process | $ 7,893 | $ 5,870 |
| Finished goods | 5,025 | 4,263 |
| Unbilled shipments | 539 | 409 |
| 13,457 | 10,542 | |
| Less revaluation to LIFO | (623) | (564) |
| 12,834 | 9,978 | |
| GECS | ||
| Finished goods | 63 | 54 |
| Total | $ 12,897 | $ 10,032 |