FORD MOTOR CO
| 2013 | FY |
Inventories were as follows (in millions):
December 31, 2013
December 31,
2012
Raw materials, work-in-process, and supplies
$
3,613
$
3,697
Finished products
5,058
4,614
Total inventories under FIFO
8,671
8,311
Less: LIFO adjustment
(963
)
(949
)
Total inventories
$
7,708
$
7,362
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