Analysis of Inventory
Inventory Disclosure
Kraft Foods Group Inc., balance sheet: inventory
US$ in millions
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |||||
|---|---|---|---|---|---|---|---|
| Raw materials | 481) | 453) | 535) | ||||
| Work in process | 296) | 294) | 326) | ||||
| Finished product | 998) | 869) | 1,067) | ||||
| Inventories | 1,775) | 1,616) | 1,928) |
Based on: 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29).
| Item | Description | The company |
|---|---|---|
| Inventories | Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. | Kraft Foods Group Inc. inventories decreased from 2012 to 2013 but then increased from 2013 to 2014 not reaching 2012 level. |