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Inventories

9 Months Ended

Oct. 31, 2011

INVENTORIES


(in thousands)	October 31, 2011		January 31, 2011		October 31, 2010
Finished goods	$	1,173,673	$	988,085	$	1,090,853
Raw materials		737,686		534,879		464,701
Work-in-process		154,107		102,338		98,998

Inventories, net	$	2,065,466	$	1,625,302	$	1,654,552

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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