Quarterly report pursuant to Section 13 or 15(d)

Inventories

v2.4.0.8
Inventories
9 Months Ended
Sep. 27, 2013
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):
 
September 27,
2013

December 31,
2012

Raw materials and packaging
$
1,683

$
1,773

Finished goods
1,297

1,171

Other
341

320

Total inventories
$
3,321

$
3,264