PepsiCo Inc. (PEP)
Analysis of Inventory
Inventory Accounting Policy
Inventories are valued at the lower of cost or net realizable value. Cost is determined using the average; first-in, first-out (FIFO) or, in limited instances, last-in, first-out (LIFO) methods.
Source: 10-K (filing date: 2019-02-15).
PepsiCo Inc., Statement of Financial Position, Inventory
USD $ in millions
|Dec 29, 2018||Dec 30, 2017||Dec 31, 2016||Dec 26, 2015||Dec 27, 2014|
|Raw materials and packaging|
|Inventories||Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.||PepsiCo Inc.’s inventories increased from 2016 to 2017 and from 2017 to 2018.|