diff -r b9ab48c491d5 Doc/library/functools.rst
--- a/Doc/library/functools.rst	Sat Oct 12 18:41:18 2013 +0200
+++ b/Doc/library/functools.rst	Sat Oct 12 18:56:01 2013 +0200
@@ -185,6 +185,18 @@ The :mod:`functools` module defines the 
    a default when the sequence is empty.  If *initializer* is not given and
    *sequence* contains only one item, the first item is returned.
 
+   Equivalent to::
+
+      def reduce(function, iterable, initializer=None):
+          it = iter(iterable)
+          if initializer is None:
+              value = next(it)
+          else:
+              value = initializer
+          for element in it:
+              value = function(value, element)
+          return value
+
 
 .. function:: update_wrapper(wrapper, wrapped, assigned=WRAPPER_ASSIGNMENTS, updated=WRAPPER_UPDATES)
 
diff -r b9ab48c491d5 Doc/library/itertools.rst
--- a/Doc/library/itertools.rst	Sat Oct 12 18:41:18 2013 +0200
+++ b/Doc/library/itertools.rst	Sat Oct 12 18:56:01 2013 +0200
@@ -135,6 +135,9 @@ loops that truncate the stream.
        '0.93', '0.25', '0.71', '0.79', '0.63', '0.88', '0.39', '0.91', '0.32',
        '0.83', '0.54', '0.95', '0.20', '0.60', '0.91', '0.30', '0.80', '0.60']
 
+    See :func:`functools.reduce` for a similar function that returns only the
+    final accumulated value.
+
     .. versionadded:: 3.2
 
     .. versionchanged:: 3.3