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