XML 26 R11.htm IDEA: XBRL DOCUMENT v3.3.1.900
Inventories
 12 Months Ended
Dec. 31, 2015
Inventories

Note 3. Inventories

Inventories consisted of the following:

 

                                     
     As of December 31,  
     2015      2014  
     (in millions)  

Raw materials

    $ 782       $ 1,215   

Finished product

      1,930         2,434   
  

 

 

     

 

 

  
     2,712         3,649   

Inventory reserves

      (103 )       (169 ) 
  

 

 

     

 

 

  

Inventories, net

    $ 2,609       $ 3,480   
  

 

 

     

 

 

  

On July 2, 2015, we deconsolidated $469 million of net inventory with the coffee business transactions. See Note 2, Divestitures and Acquisitions – Coffee Business Transactions, for additional information.