Quarterly report pursuant to Section 13 or 15(d)

Inventories

v2.4.0.6
Inventories
6 Months Ended
Jun. 29, 2012
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 market. 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,
2012

December 31,
2011

Raw materials and packaging
$
1,991

$
1,680

Finished goods
1,305

1,198

Other
291

214

Total inventories
$
3,587

$
3,092