Inventory Disclosure
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Time Warner Inc., Statement of Financial Position, Inventory
USD $ in millions
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | ||
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Programming costs, less amortization | |
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DVDs, books, paper and other merchandise | |
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Inventories | |
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Less: Current portion of inventory | |
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Noncurrent inventories | |
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Source: Based on data from Time Warner Inc. Annual Reports
| Item | Description | The company |
|---|---|---|
| Inventories | Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). | Time Warner Inc.'s inventories increased from 2009 to 2010 but then slightly declined from 2010 to 2011 not reaching 2009 level. |