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Inventories

12 Months Ended

May 29, 2011


10.	INVENTORIES

The major classes of inventories are as follows:


	2011		2010

Raw materials and packaging	$	639.5	$	477.8
Work in progress		83.1		95.9
Finished goods		992.9		940.3
Supplies and other		87.9		83.9

Total	$	1,803.4	$	1,597.9

- 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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