Inventory disclosures - Are there any disclosures about raw materials

THE SHERWIN-WILLIAMS COMPANY

SEC 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/89800/000008980021000010/shw-20201231.htm

Respond to each question below:

1. Inventory disclosures: 75 words or more for each question

1a. Are there any disclosures about raw materials, WIP inventory, Finished Goods inventory levels?

1b. How is inventory described for your SEC 10-K company?  Relate your answer to topics in our course.

1c. Report on any costing information such as inventory valuation methods--LIFO, FIFO, and/or average cost.

1d. Comment on supplemental information provided related to inventory for your SEC 10-K company.

2. Cost and sources for production materials:  Notice how cost is used in the SEC 10-K.

3. Briefly provide an overall SWOT (strengths, weaknesses, opportunities and threats) analysis for your manufacturing corporation as related to cost accounting-related topics. Although details are high level in the SEC 10-K filing, what do you learn related to operations and strategy?

(NOTE: Take care with the concept of $ dollars. Many financial statements are expressed in millions of $. You would report $895 million for the value $895,000,000. Be a very careful reader.)