Quarterly report pursuant to Section 13 or 15(d)

Inventories

v2.3.0.15
Inventories
9 Months Ended
Sep. 30, 2011
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 products 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 30, 2011

December 31, 2010

Raw materials and packaging
$
1,751

$
1,425

Finished goods
1,209

1,029

Other
212

196

Total inventories
$
3,172

$
2,650