Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.3.0.814
Inventories
9 Months Ended
Oct. 02, 2015
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):
 
October 2,
2015

December 31,
2014

Raw materials and packaging
$
1,505

$
1,615

Finished goods
1,095

1,134

Other
310

351

Total inventories
$
2,910

$
3,100