Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.10.0.1
Inventories
6 Months Ended
Jun. 29, 2018
Inventories  
Inventories
INVENTORIES
Inventories consist primarily of raw materials and packaging (which include ingredients and supplies) and finished goods (which include concentrates and syrups in our concentrate operations and finished beverages in our finished product operations). Inventories are valued at the lower of cost or net realizable value. We determine cost on the basis of the average cost or first-in, first-out methods. Inventories consisted of the following (in millions):
 
June 29,
2018

December 31,
2017

Raw materials and packaging
$
1,915

$
1,729

Finished goods
751

693

Other
215

233

Total inventories
$
2,881

$
2,655