NOTE 5. INVENTORIES
| December 31 (In millions) | 2013 | 2012 | |||
| GE | |||||
| Raw materials and work in process | $ | 10,220 | $ | 9,295 | |
| Finished goods | 6,726 | 6,020 | |||
| Unbilled shipments | 584 | 378 | |||
| 17,530 | 15,693 | ||||
| Less revaluation to LIFO | (273) | (398) | |||
| 17,257 | 15,295 | ||||
| GECC | |||||
| Finished goods | 68 | 79 | |||
| Total | $ | 17,325 | $ | 15,374 |