Herbalife Ltd. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Inventories

Inventories

12 Months Ended

Dec. 31, 2013

Inventory Disclosure [Abstract]

Inventories

3. Inventories

Inventories consist primarily of finished goods available for resale and can be categorized as follows (in millions):


	December 31,
	2013		2012
Weight Management, Targeted Nutrition and Energy, Sports and Fitness	$	307.2	$	303.8
Outer Nutrition		15.3		17.5
Literature, Promotional and Others		28.7		18.1

Total	$	351.2	$	339.4

The following are the major classes of inventory (in millions):


	December 31,
	2013		2012
Raw materials	$	23.1	$	19.6
Work in process		2.8		1.9
Finished goods		325.3		317.9

Total	$	351.2	$	339.4

- 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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