CUMMINS INC | 2013 | FY | 3

Inventories included the following:
 
December 31,
In millions
2013
 
2012
Finished products
$
1,487

 
$
1,393

Work-in-process and raw materials
1,005

 
939

Inventories at FIFO cost
2,492

 
2,332

Excess of FIFO over LIFO
(111
)
 
(111
)
Total inventories
$
2,381

 
$
2,221

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