September 22, 2011 Disclosure Analysis for General Electric Part II In 2007, raw materials and work in process made up $7.9 billion or about 59 percent, of total inventories before LIFO revaluation. Finished goods comprised of $5 billion – close to 37 percent, while unbilled shipments, at $539 million, made up 4 percent of the $13.5 billion total inventories {Tags: , , , , , , , , , } {More...}