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Inventories
9 Months Ended
Jun. 28, 2015
Inventory Disclosure [Abstract]  
Inventories
Inventories
(in millions)
Jun 28, 2015
 
Sep 28, 2014
 
Jun 29, 2014
Coffee:
 
 
 
 
 
Unroasted
$
529.5

 
$
432.3

 
$
442.3

Roasted
240.6

 
238.9

 
215.1

Other merchandise held for sale
226.2

 
265.7

 
213.8

Packaging and other supplies
169.7

 
154.0

 
154.6

Total
$
1,166.0

 
$
1,090.9

 
$
1,025.8

Other merchandise held for sale includes, among other items, serveware and tea. Inventory levels vary due to seasonality, commodity market supply and price fluctuations.
As of June 28, 2015, we had committed to purchasing green coffee totaling $914 million under fixed-price contracts and an estimated $267 million under price-to-be-fixed contracts. As of June 28, 2015, approximately $35 million of our price-to-be-fixed contracts were effectively fixed through the use of futures contracts and approximately $14 million were price-protected through the use of collar instruments. Price-to-be-fixed contracts are purchase commitments whereby the quality, quantity, delivery period, and other negotiated terms are agreed upon, but the date, and therefore the price, at which the base “C” coffee commodity price component will be fixed has not yet been established. For these types of contracts, either Starbucks or the seller has the option to “fix” the base “C” coffee commodity price prior to the delivery date. Until prices are fixed, we estimate the total cost of these purchase commitments. We believe, based on relationships established with our suppliers in the past, the risk of non-delivery on these purchase commitments is remote.