NOTE 3 – INVENTORIES

Our major classes of inventories consist of the following:



	January 29, 2016		October 30, 2015		January 30, 2015
Manufactured products	$	338,490	$	268,832	$	329,921
Raw materials, supplies and work-in-progress	176,736		183,077		181,250
Total Inventories	$	515,226	$	451,909	$	511,171

Our international inventories are recorded using the first-in, first-out method. Domestic inventories are recorded using the last-in, first-out (LIFO) method. An actual valuation of inventory under the LIFO method can be made only at the end of the year based on inventory levels and costs at that time. Interim LIFO calculations are based on management reviews of price changes, as well as estimates of expected year-end inventory levels and costs, and are subject to the final year-end LIFO inventory valuation.