7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-03-31 
      
    		                                            
      operating activities:
    		                                            
      net income
    		-144,000,000     406,000,000 266,000,000 -71,000,000 235,000,000 159,000,000 508,000,000 203,000,000 188,000,000 177,000,000 165,000,000 240,000,000 260,000,000 182,000,000 185,000,000 202,000,000 220,000,000 157,000,000 188,000,000 210,000,000 155,000,000 207,000,000 155,000,000 106,000,000 170,000,000 179,000,000 178,000,000 102,000,000 154,000,000 172,000,000 114,000,000 144,000,000 183,000,000 89,000,000 114,000,000 151,000,000 158,000,000 132,000,000 -621,000,000 95,000,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                            
      depreciation expense
    		112,000,000 103,000,000 98,000,000 106,000,000 90,000,000 87,000,000 83,000,000 51,000,000 49,000,000 50,000,000 51,000,000 49,000,000 49,000,000 49,000,000 49,000,000 47,000,000 47,000,000 48,000,000 49,000,000 47,000,000 48,000,000 48,000,000 49,000,000 49,000,000 50,000,000 49,000,000 49,000,000 48,000,000 49,000,000 47,000,000 56,000,000 51,000,000 50,000,000 49,000,000 49,000,000 47,000,000 46,000,000 44,000,000 46,000,000 42,000,000 40,000,000 39,000,000 39,000,000 34,000,000 
      amortization of intangibles
    		33,000,000 34,000,000 38,000,000 33,000,000 33,000,000                                        
      other amortization expense
    		38,000,000 45,000,000 43,000,000 46,000,000 40,000,000                                        
      benefit from sales returns
    		20,000,000 19,000,000 23,000,000 15,000,000 18,000,000 18,000,000 16,000,000                                      
      deferred income taxes
    		-275,000,000 18,000,000 -8,000,000 52,000,000 -24,000,000 -18,000,000 36,000,000 -161,000,000 24,000,000 20,000,000 -266,000,000 17,000,000 18,000,000 30,000,000   14,000,000 16,000,000 2,000,000 8,000,000 4,000,000 15,000,000 11,000,000 8,000,000 14,000,000 85,000,000 47,000,000 15,000,000 33,000,000 16,000,000 14,000,000 28,000,000 -132,000,000 -143,000,000 -86,000,000 31,000,000 4,000,000 9,000,000 55,000,000 10,000,000 21,000,000 17,000,000 -299,000,000 28,000,000 
      employee stock-based compensation expense
    		22,000,000 30,000,000 9,000,000 20,000,000 23,000,000    11,000,000 10,000,000 10,000,000 10,000,000 10,000,000 6,000,000 12,000,000 11,000,000 11,000,000 11,000,000 11,000,000 12,000,000 12,000,000 9,000,000 13,000,000 11,000,000 11,000,000 9,000,000 10,000,000 9,000,000 9,000,000 9,000,000 9,000,000 8,000,000 7,000,000 9,000,000 8,000,000 8,000,000 7,000,000 6,000,000  5,000,000 5,000,000 3,000,000  1,000,000 
      (gain) loss on disposal of property, plant, and equipment
    		                                            
      unrealized loss on foreign currency
    		                                            
      unrealized (gain) loss on derivatives
    		   24,000,000                                         
      equity in earnings of unconsolidated affiliates
    		                                            
      earned equity from distribution arrangements
    		-30,000,000                                            
      other
    		-11,000,000 11,000,000 6,000,000 10,000,000 10,000,000 -16,000,000 -8,000,000 32,000,000 -8,000,000 9,000,000 -18,000,000 8,000,000 2,000,000 4,000,000 8,000,000 33,000,000 -25,000,000 -25,000,000 -3,000,000 14,000,000 -4,000,000 -17,000,000 3,000,000 -4,000,000 -19,000,000 0 11,000,000 5,000,000 3,000,000 -9,000,000 4,000,000 -16,000,000 7,000,000 0 -3,000,000 8,000,000 4,000,000 3,000,000 6,000,000 0 3,000,000 1,000,000 -4,000,000  
      changes in assets and liabilities, excluding the effects of business acquisitions:
    		                                            
      trade accounts receivable
    		-61,000,000 -100,000,000 -26,000,000 -26,000,000 -4,000,000 -43,000,000 34,000,000 196,000,000 -118,000,000 -30,000,000 -13,000,000 38,000,000 -90,000,000 18,000,000 -17,000,000 60,000,000 -69,000,000 -5,000,000 -1,000,000 53,000,000 -59,000,000 -19,000,000 40,000,000 -31,000,000 6,000,000    -6,000,000 72,000,000 -54,000,000 24,000,000             
      inventories
    		128,000,000 213,000,000 126,000,000 77,000,000 68,000,000 100,000,000 94,000,000 128,000,000 -24,000,000 -13,000,000  6,000,000 -19,000,000 -16,000,000 22,000,000 10,000,000 -4,000,000 -25,000,000 -9,000,000 14,000,000 10,000,000 -26,000,000 21,000,000 13,000,000 -26,000,000    10,000,000 11,000,000 7,000,000 -11,000,000 11,000,000 -11,000,000 -19,000,000 -14,000,000 0 -7,000,000 14,000,000 10,000,000 3,000,000 -24,000,000 63,000,000  
      income taxes receivable and payable
    		                                            
      other current and non-current assets
    		-23,000,000        36,000,000 -139,000,000 58,000,000 17,000,000 -10,000,000 -85,000,000 11,000,000 19,000,000 2,000,000 -82,000,000 41,000,000 44,000,000 4,000,000 -81,000,000 4,000,000 13,000,000 -66,000,000    -1,000,000 -1,000,000 26,000,000 -45,000,000 22,000,000 28,000,000 -71,000,000          
      accounts payable and accrued expenses
    		79,000,000 -463,000,000 -111,000,000 226,000,000 124,000,000 22,000,000 -185,000,000                          23,000,000 22,000,000 -19,000,000 56,000,000 59,000,000 -42,000,000 -47,000,000 67,000,000 10,000,000 50,000,000 -78,000,000  
      other current and non-current liabilities
    		        22,000,000 -4,000,000   87,000,000 -92,000,000 -5,000,000 -15,000,000 37,000,000 -70,000,000 24,000,000 6,000,000 58,000,000 -99,000,000 48,000,000 31,000,000 -55,000,000    -52,000,000 58,000,000 9,000,000 -44,000,000             
      net change in operating assets and liabilities
    		300,000,000 -583,000,000 -46,000,000 358,000,000 155,000,000 107,000,000 -6,000,000                    -49,000,000 -116,000,000                 
      net cash from operating activities
    		849,000,000 297,000,000 739,000,000 941,000,000 790,000,000 671,000,000 550,000,000 645,000,000 315,000,000 103,000,000 306,000,000 322,000,000 313,000,000 97,000,000 256,000,000 276,000,000 230,000,000 177,000,000 268,000,000 374,000,000 248,000,000 101,000,000 331,000,000 309,000,000 129,000,000 340,000,000 216,000,000 60,000,000 194,000,000 305,000,000 284,000,000 -325,000,000 324,000,000 205,000,000 51,000,000 273,000,000 279,000,000 987,000,000 164,000,000 330,000,000 193,000,000 178,000,000 186,000,000 100,000,000 
      capex
    		0 0 -93,000,000 -98,000,000 -105,000,000 -122,000,000 -76,000,000 0 -38,000,000 -41,000,000 -117,000,000 -44,000,000 -25,000,000 -16,000,000 -70,000,000 -42,000,000 -41,000,000 -27,000,000 -108,000,000 -29,000,000 -22,000,000 -20,000,000 -32,000,000 -34,000,000 -37,000,000 -50,000,000 -32,000,000 -29,000,000 -50,000,000 -54,000,000 -38,000,000 -51,000,000 -44,000,000 -50,000,000 -54,000,000 -56,000,000 -59,000,000 -55,000,000 -94,000,000 -85,000,000 -60,000,000 -78,000,000 -101,000,000 -44,000,000 
      free cash flows
    		849,000,000 297,000,000 646,000,000 843,000,000 685,000,000 549,000,000 474,000,000 645,000,000 277,000,000 62,000,000 189,000,000 278,000,000 288,000,000 81,000,000 186,000,000 234,000,000 189,000,000 150,000,000 160,000,000 345,000,000 226,000,000 81,000,000 299,000,000 275,000,000 92,000,000 290,000,000 184,000,000 31,000,000 144,000,000 251,000,000 246,000,000 -376,000,000 280,000,000 155,000,000 -3,000,000 217,000,000 220,000,000 932,000,000 70,000,000 245,000,000 133,000,000 100,000,000 85,000,000 56,000,000 
      investing activities:
    		                                            
      acquisitions of businesses, net of cash acquired
    		                                            
      purchases of property, plant, and equipment
    		                                            
      proceeds from sales of property, plant, and equipment
    		                                            
      purchases of intangibles
    		-10,000,000 -1,000,000 -7,000,000 -1,000,000 -30,000,000 -31,000,000                                       
      investments in unconsolidated affiliates
    		0 -8,000,000 -914,000,000  -1,000,000 0                                       
      net cash from investing activities
    		-1,076,000,000 -161,000,000 -922,000,000 560,000,000 -134,000,000 66,000,000 -61,000,000 -18,891,000,000 -111,000,000 -68,000,000 -120,000,000 -48,000,000 -26,000,000 -1,569,000,000 -70,000,000 -40,000,000 -39,000,000 -40,000,000 -99,000,000 -48,000,000 -7,000,000 -40,000,000 -32,000,000 -30,000,000 -38,000,000 -53,000,000 -31,000,000 -44,000,000 -49,000,000 -53,000,000 -38,000,000 -53,000,000 -43,000,000 -49,000,000 -54,000,000 -53,000,000 -43,000,000 -55,000,000 -94,000,000 -84,000,000 -58,000,000 -15,000,000 -101,000,000 -2,000,000 
      financing activities:
    		                                            
      proceeds from issuance of notes
    		0  0 0                                         
      repayments of notes
    		                                            
      net repayment of commercial paper
    		                                            
      repayment of term loan
    		     -330,000,000 -84,000,000                                      
      proceeds from structured payables
    		10,000,000 39,000,000 41,000,000 44,000,000 43,000,000 84,000,000 94,000,000                                      
      repayments of structured payables
    		                                            
      cash dividends paid
    		-311,000,000 -300,000,000 -284,000,000 -268,000,000 -211,000,000 -211,000,000 -209,000,000                                      
      repurchases of common stock, inclusive of excise tax obligation
    		                                            
      tax withholdings related to net share settlements
    		-3,000,000 -5,000,000 -5,000,000 0                                         
      payments on finance leases
    		-32,000,000 -21,000,000 -25,000,000 -14,000,000 -17,000,000 -9,000,000                                       
      deferred financing charges paid
    		      -6,000,000    0 0 -4,000,000 -1,000,000 -16,000,000              -3,000,000              0  
      net cash from financing activities
    		281,000,000 -135,000,000 -213,000,000 -1,132,000,000 -624,000,000 -738,000,000 -507,000,000 18,380,000,000 -223,000,000 -73,000,000 -190,000,000 -497,000,000 -78,000,000 -142,000,000 984,000,000 141,000,000 -220,000,000 -775,000,000 534,000,000 -239,000,000 -207,000,000 -202,000,000 -165,000,000 -265,000,000 -123,000,000 -281,000,000 -276,000,000 -175,000,000 -161,000,000 -174,000,000 -134,000,000 -134,000,000 -171,000,000 -264,000,000 343,000,000 -409,000,000 -393,000,000 -645,000,000 -71,000,000 -202,000,000 -125,000,000 -156,000,000 -102,000,000 -66,000,000 
      cash, cash equivalents, restricted cash, and restricted cash equivalents:
    		                                            
      net change from operating, investing, and financing activities
    		                                            
      effect of exchange rate changes
    		-6,000,000 6,000,000 3,000,000 -4,000,000                                         
      beginning balance
    		0                                            
      ending balance
    		48,000,000                                            
      supplemental cash flow disclosures of non-cash investing and financing activities:
    		                                            
      capital expenditures included in accounts payable and accrued expenses
    		56,000,000 80,000,000 34,000,000 9,000,000 25,000,000                               3,000,000 8,000,000 25,000,000       
      equity received in exchange for modification of related party contract
    		0                                            
      acquisitions of businesses
    		183,000,000     0                                       
      dividends declared but not yet paid
    		1,000,000 -1,000,000 -3,000,000 -3,000,000 1,000,000                      0 78,000,000  0 -1,000,000 73,000,000 -2,000,000 16,000,000 55,000,000          
      accrued excise tax on net share repurchases
    		-5,000,000                                            
      supplemental cash flow disclosures:
    		                                            
      cash paid for interest
    		186,000,000 188,000,000 127,000,000 193,000,000 265,000,000                                        
      cash paid for income taxes
    		85,000,000 94,000,000 120,000,000 98,000,000 134,000,000                                        
      unrealized (gain) loss on foreign currency
    		 -9,000,000                                           
      income taxes receivable and payables
    		140,000,000 -160,000,000 1,000,000 125,000,000 27,000,000                                        
      net issuance (repayment) of commercial paper
    		                                            
      repurchases of common stock
    		-5,000,000 -249,000,000 -291,000,000                                          
      loss on early extinguishment of debt
    		  0 0 0 2,000,000 0    0 13,000,000                                 
      gain on sale of equity method investment
    		  0                                          
      gain on disposal of property, plant, and equipment
    		                                            
      unrealized gain on foreign currency
    		19,000,000                                            
      unrealized loss on derivatives
    		68,000,000    -39,000,000                                        
      settlements of interest rate contracts
    		 0 0                                          
      equity in (earnings) loss of unconsolidated affiliates
    		 -9,000,000                                           
      impairment of goodwill
    		                                            
      impairment of intangible assets
    		 0 166,000,000                                          
      impairment of investments and note receivable of unconsolidated affiliate
    		                                            
      proceeds from sale of investment in unconsolidated affiliates
    		  0                                          
      issuance of related party note receivable
    		  0 -2,000,000 0 -10,000,000 -5,000,000                                      
      repayment of notes
    		                                            
      net (repayment) issuance of commercial paper
    		-327,000,000                                            
      proceeds from term loan
    		     0 0                                      
      payments on structured payables
    		    -51,000,000 -99,000,000                                       
      net change from operating, investing and financing activities
    		54,000,000                                            
      transaction costs included in accounts payable and accrued expenses
    		 -7,000,000                                           
      conversion of note receivable to equity method investment
    		                                            
      non-cash purchases of intangibles
    		                                            
      mandatory redemption liability
    		                                            
      gain on disposal of property, plant and equipment
    		  -42,000,000 -70,000,000                                         
      changes in assets and liabilities:
    		                                            
      purchases of property, plant and equipment
    		  -93,000,000 -98,000,000 -105,000,000 -122,000,000 -76,000,000                             -56,000,000 -59,000,000 -55,000,000 -94,000,000 -85,000,000 -60,000,000 -78,000,000 -101,000,000 -44,000,000 
      proceeds from sales of property, plant and equipment
    		  89,000,000 104,000,000 0 228,000,000                                       
      supplemental cash flow disclosures of non-cash investing activities:
    		                                            
      supplemental cash flow disclosures of non-cash financing activities:
    		                                            
      unrealized gain on derivatives
    		  -4,000,000                                         -8,000,000 
      cash and cash equivalents:
    		                                            
      earned equity
    		                                            
      net income attributable to kdp
    		 693,000,000 453,000,000 843,000,000                                         
      other current and non current assets
    		      59,000,000                                      
      other current and non current liabilities
    		      -45,000,000                                      
      proceeds from issuance of commercial paper
    		  698,000,000 650,000,000                                         
      repayments of commercial paper
    		  -299,000,000 -1,499,000,000                                         
      repayments of term loan
    		                                            
      proceeds from issuance of common stock
    		   0                                         
      net change from:
    		                                            
      operating, investing and financing activities
    		    32,000,000 -1,000,000 -18,000,000 134,000,000 -19,000,000 -38,000,000 -4,000,000 -223,000,000 209,000,000 -1,614,000,000 1,170,000,000 377,000,000 -29,000,000 -638,000,000 703,000,000 87,000,000 34,000,000 -141,000,000 134,000,000 14,000,000 -32,000,000 6,000,000 -91,000,000 -159,000,000 -16,000,000 78,000,000 112,000,000 -512,000,000 110,000,000 -108,000,000 340,000,000 -189,000,000 -157,000,000 287,000,000 -1,000,000 44,000,000 10,000,000 7,000,000 -17,000,000 32,000,000 
      beginning of period
    		                                            
      end of period
    		                                            
      non-cash investing activities:
    		                                            
      non-cash financing activities:
    		                                            
      impairment on investments and note receivable of unconsolidated affiliate
    		                                            
      cash, cash equivalents, and restricted cash and cash equivalents:
    		                                            
      non-cash conversion of note receivable to investment in unconsolidated affiliate
    		                                            
      equity in losses of unconsolidated affiliates
    		                                            
      impairment on investments and note receivable of unconsolidated affiliates
    		                                            
      proceeds from kdp revolver
    		                                            
      repayment of kdp revolver
    		                                            
      proceeds from controlling shareholder stock transactions
    		    0                                        
      non-cash acquisition of controlling interest
    		    0                                        
      equity in loss of unconsolidated affiliates
    		                                            
      repayments of 2019 kdp term loan
    		                                            
      measurement period adjustment of core purchase price
    		                                            
      repayments of kdp revolver
    		                                            
      proceeds from sale of stock by jab
    		                                            
      finance lease additions
    		    60,000,000                                        
      proceeds from unsecured credit facility
    		    0  0                                      
      proceeds from senior unsecured notes
    		    0  0                          0 0 500,000,000        0  
      net payment of commercial paper
    		                                            
      payments on notes
    		                                            
      payments on term loan
    		                                            
      tax witholdings related to net share settlements
    		                                            
      gain on step acquisition of unconsolidated subsidiaries
    		      -12,000,000    0 0 0 -28,000,000 0                              
      (gain) loss on disposal of property, plant and equipment
    		    3,000,000                                        
      cash acquired in acquisitions
    		      19,000,000                                      
      proceeds from capital distributions from investments in unconsolidated affiliates
    		                                            
      net (repayment) issuance of commercial paper notes
    		                                            
      repayment of senior unsecured notes
    		          0 -314,000,000   -391,000,000 0 0 -500,000,000        0                   
      repayment of unsecured credit facility
    		      0                                      
      cash contributions from redeemable non-controlling interest shareholders
    		                                            
      issuance of common stock for acquisition of business
    		                                            
      fair value of stock and replacement equity awards not converted to cash
    		                                            
      holdback liability for acquisition of business
    		                                            
      capitalization of related party debt into additional paid-in-capital
    		                                            
      cash paid for related party interest
    		                                            
      net (payment) issuance of commercial paper
    		                                            
      payments on senior unsecured notes
    		                                            
      payment on unsecured credit facility
    		                                            
      cash, cash equivalents, restricted cash and restricted cash equivalents — net change from:
    		                                            
      effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
    		      35,000,000   1,000,000 -3,000,000 1,000,000 2,000,000 3,000,000                               
      cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period
    		      0 -63,000,000 0 158,000,000  0 0 1,787,000,000                               
      cash, cash equivalents, restricted cash and restricted cash equivalents at end of period
    		      17,000,000 21,000,000 -20,000,000 121,000,000  -222,000,000 211,000,000 176,000,000                               
      measurement period adjustment of core nutrition llc purchase price
    		                                            
      impairment on investment and note receivable of unconsolidated affiliate
    		                                            
      employee stock based compensation expense
    		                                            
      unrealized (gain) or loss on foreign currency
    		                                            
      unrealized (gain) or loss on derivatives
    		                                            
      changes in assets and liabilities, net of effects of acquisition:
    		                                            
      income taxes receivable, prepaid and payables
    		                                            
      net issuance of commercial paper notes
    		                                            
      cash contributions from redeemable nci shareholders
    		                                            
      cross currency swap
    		                                            
      amortization expense
    		      85,000,000 124,000,000 11,000,000 9,000,000 6,000,000 8,000,000 6,000,000 11,000,000 9,000,000 8,000,000 8,000,000 8,000,000 10,000,000 9,000,000 8,000,000 8,000,000 8,000,000 8,000,000 10,000,000 10,000,000 9,000,000 9,000,000 9,000,000 10,000,000 9,000,000 9,000,000 6,000,000 5,000,000 8,000,000 9,000,000 9,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 14,000,000 
      proceeds from issuance of common stock private placement
    		                                            
      net issuance of commercial paper
    		      -306,000,000   54,000,000 -4,000,000             -80,000,000 85,000,000                    
      balance as of january 1, 2019
    		                                            
      adoption of new accounting standards
    		                                            
      other comprehensive income
    		                                            
      dividends declared, 0.15 per share
    		                                            
      measurement period adjustment
    		                                            
      shares issued under employee stock-based compensation plans and other
    		                                            
      stock-based compensation and stock options exercised
    		                                            
      balance as of march 31, 2019
    		                                            
      balance as of june 30, 2019
    		                                            
      other comprehensive loss
    		                                            
      shares issued under stock-based compensation plans and other
    		                                            
      balance as of september 30, 2019
    		                                            
      balance as of january 1, 2018
    		                                            
      dividends declared
    		                                            
      adjustment of non-controlling interests to fair value
    		                                            
      balance as of march 31, 2018
    		                                            
      balance as of june 30, 2018
    		                                            
      proceeds from stock options exercised
    		       -4,000,000 5,000,000 2,000,000 0 1,000,000 2,000,000 17,000,000 0 2,000,000 5,000,000 7,000,000 2,000,000 6,000,000 3,000,000 19,000,000 4,000,000 4,000,000 24,000,000 1,000,000 9,000,000 3,000,000 1,000,000 9,000,000 6,000,000 6,000,000 0            
      investments in unconsolidated subsidiaries
    		      -16,000,000                                      
      proceeds from capital distributions from investments in unconsolidated subsidiaries
    		      -1,000,000                                      
      proceeds from related party note
    		                                            
      payments on capital leases
    		      3,000,000                                      
      proceeds from issuance of common stock under compensation plans
    		                                            
      cash contributions (distributions) from (to) redeemable nci shareholders
    		      -1,000,000                                      
      share repurchases
    		                                            
      deferred compensation
    		                                            
      unrealized gain or loss on foreign currency
    		                                            
      unrealized gain or loss on derivatives
    		                                            
      acquisitions of business
    		                                            
      net repayment on line of credit
    		                                            
      amortization of deferred revenue
    		        -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -16,000,000 -17,000,000 -16,000,000 -16,000,000 -16,000,000 -17,000,000 -16,000,000 -16,000,000 -17,000,000 -16,000,000 -16,000,000          
      unrealized losses on economic hedges
    		                                            
      other accounts receivable
    		        -3,000,000 -7,000,000 4,000,000 -5,000,000 5,000,000 5,000,000 8,000,000 0 -6,000,000 1,000,000 -2,000,000 5,000,000 2,000,000 -4,000,000 -11,000,000 10,000,000 -5,000,000    2,000,000 -15,000,000 -1,000,000 15,000,000             
      trade accounts payable
    		        104,000,000 17,000,000 -17,000,000 17,000,000 5,000,000 19,000,000 -3,000,000 -46,000,000 0 81,000,000 -34,000,000 7,000,000 -49,000,000 67,000,000 1,000,000 16,000,000 32,000,000    -14,000,000 -47,000,000 25,000,000 46,000,000             
      income taxes payable
    		        0 27,000,000 2,000,000 -31,000,000 17,000,000 20,000,000 -48,000,000 1,000,000 -8,000,000 53,000,000 4,000,000 -31,000,000 10,000,000 59,000,000 -28,000,000 -9,000,000 38,000,000    -2,000,000 -8,000,000 18,000,000 -476,000,000 140,000,000 132,000,000 110,000,000 -37,000,000 23,000,000 16,000,000 -13,000,000 -1,000,000 -1,000,000 13,000,000 1,000,000  
      acquisition of business
    		        -71,000,000 -2,000,000 -3,000,000 -3,000,000 -2,000,000 -1,548,000,000 0           0 0 -10,000,000                 
      cash acquired in step acquisition of unconsolidated subsidiaries
    		          1,000,000 0 0 3,000,000 0                              
      purchase of property, plant and equipment
    		        -38,000,000 -41,000,000 -117,000,000 -44,000,000 -25,000,000 -16,000,000 -70,000,000 -42,000,000 -41,000,000 -27,000,000 -108,000,000 -29,000,000 -22,000,000 -20,000,000 -32,000,000 -34,000,000 -37,000,000 -50,000,000 -32,000,000 -29,000,000 -50,000,000 -54,000,000 -38,000,000 -51,000,000 -44,000,000 -50,000,000 -54,000,000          
      purchase of intangible assets
    		        -2,000,000 -3,000,000 -1,000,000 0 -4,000,000 -1,000,000 -1,000,000    0 0   0   0 0 -5,000,000 0 0 -1,000,000 -6,000,000             
      investment in unconsolidated subsidiaries
    		        0 -19,000,000 0 -2,000,000 0 -1,000,000 0 0 0 -6,000,000 0                          
      proceeds from disposals of property, plant and equipment
    		        0 1,000,000 0 2,000,000 0 1,000,000 2,000,000 1,000,000 2,000,000 1,000,000 8,000,000 1,000,000 10,000,000 1,000,000 0   0   1,000,000 1,000,000 1,000,000 4,000,000 1,000,000   0   0 1,000,000    5,000,000 
      proceeds from issuance of senior unsecured notes
    		          0 0   1,550,000,000                              
      repurchase of shares of common stock
    		          -79,000,000 -143,000,000 -149,000,000 -28,000,000 -59,000,000 -157,000,000 -124,000,000 -179,000,000 -117,000,000 -153,000,000 -116,000,000 -135,000,000 -70,000,000 -146,000,000 -60,000,000 -117,000,000 -25,000,000 -101,000,000 -138,000,000 -110,000,000 -67,000,000 -85,000,000 -100,000,000 -225,000,000 -100,000,000 -353,000,000 -355,000,000 -202,000,000       
      dividends paid
    		        -105,000,000 -104,000,000 -105,000,000 -105,000,000 -107,000,000 -97,000,000 -98,000,000 -98,000,000 -100,000,000 -90,000,000 -91,000,000 -92,000,000 -93,000,000 -79,000,000 -80,000,000 -82,000,000 -75,000,000 -77,000,000 -78,000,000 -70,000,000 -71,000,000 -72,000,000 -73,000,000 -68,000,000 -72,000,000 -55,000,000 -56,000,000 -60,000,000 -38,000,000 -38,000,000       
      tax withholdings related to net share settlements of certain stock awards
    		        0 -21,000,000 0 0 0 -30,000,000 0 0 0 -31,000,000 0 0 -1,000,000 -26,000,000 0 -1,000,000 -15,000,000 -1,000,000 -1,000,000 -11,000,000                 
      premium on issuance of senior unsecured notes
    		                                            
      proceeds from termination of interest rate swap
    		          0 0                                 
      capital lease payments
    		        -3,000,000 -4,000,000 -4,000,000 -3,000,000 -2,000,000 -3,000,000 -3,000,000 -2,000,000 -2,000,000 -2,000,000                           
      unrealized gains on economic hedges
    		         11,000,000  -17,000,000 12,000,000 -5,000,000                               
      impairment of intangible asset
    		                                            
      gain on extinguishment of multi-employer plan withdrawal liability
    		              0 0                             
      unrealized (gains) losses on economic hedges
    		                                            
      purchase of cost method investments
    		                                            
      premium (discount) on issuance of senior unsecured notes
    		          0                                  
      cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of year
    		                                            
      cash, cash equivalents, restricted cash, and restricted cash equivalents at end of year
    		                                            
      purchase of cost method investment
    		               0    0 0 -15,000,000                       
      excess tax benefit on stock-based compensation
    		              0 1,000,000 1,000,000 20,000,000 1,000,000 2,000,000 1,000,000 19,000,000 1,000,000 0 8,000,000 0 2,000,000 4,000,000 0 1,000,000 2,000,000 13,000,000 1,000,000            
      cash and cash equivalents — net change from:
    		                                            
      effect of exchange rate changes on cash and cash equivalents
    		              -3,000,000 -2,000,000 -1,000,000 2,000,000 1,000,000 -7,000,000 0 -3,000,000   -1,000,000 0 -4,000,000 1,000,000 -1,000,000 2,000,000 -1,000,000 3,000,000             
      cash and cash equivalents at beginning of year
    		                      0 0 153,000,000   366,000,000                 
      cash and cash equivalents at end of year
    		                           208,000,000                 
      cash and cash equivalents at beginning of period
    		               0 0 911,000,000  0 0 237,000,000    0    0 0 701,000,000 0 0 315,000,000 0 0 280,000,000 0 0 0 214,000,000 0 67,000,000 
      cash and cash equivalents at end of period
    		               375,000,000 -30,000,000 275,000,000  80,000,000 34,000,000 93,000,000 131,000,000 15,000,000 120,000,000 6,000,000    80,000,000 111,000,000 192,000,000 101,000,000 -107,000,000 657,000,000 -187,000,000 -160,000,000 571,000,000 -2,000,000 47,000,000 16,000,000 219,000,000 -25,000,000 99,000,000 
      cash paid for shares not yet received
    		                       40,000,000 -90,000,000                    
      repayment of commercial paper
    		                                            
      capital expenditures included in other current liabilities
    		                          5,000,000 68,000,000  7,000,000               
      stock issued for acquisition of business
    		                          0 13,000,000                 
      capital lease additions
    		                          0 1,000,000  41,000,000 2,000,000 6,000,000             
      interest paid
    		                          45,000,000 11,000,000  9,000,000 52,000,000 7,000,000 1,000,000   0 62,000,000 5,000,000  8,000,000 68,000,000 11,000,000  1,000,000 
      income taxes paid
    		                          73,000,000 52,000,000  89,000,000 59,000,000 502,000,000 73,000,000 97,000,000 28,000,000 107,000,000 71,000,000 13,000,000  72,000,000 70,000,000 20,000,000  24,000,000 
      current and non-current deferred revenue
    		                                            
      proceeds from senior unsecured notes and senior unsecured credit facility
    		                                            
      repayment of senior unsecured notes and senior unsecured credit facility
    		                                            
      capital expenditures included in accounts payable
    		                               41,000,000 -1,000,000 -6,000,000 39,000,000     -6,000,000 6,000,000 15,000,000   
      amortization of deferred financing costs
    		                                1,000,000 2,000,000 1,000,000 1,000,000 2,000,000 1,000,000 3,000,000 5,000,000 4,000,000 5,000,000   
      gain on property and intangible assets
    		                                4,000,000            
      trade and other accounts receivable
    		                                54,000,000 -55,000,000 -26,000,000 47,000,000 -48,000,000 10,000,000   -35,000,000 -9,000,000 -7,000,000  
      other non-current liabilities
    		                                -6,000,000 9,000,000 -1,000,000 -7,000,000 3,000,000 -1,000,000 -24,000,000 -14,000,000 -9,000,000 -3,000,000 -7,000,000  
      repayment of senior unsecured credit facility
    		                                   0 0 -405,000,000 -1,325,000,000 -200,000,000 -125,000,000 -155,000,000 -100,000,000  
      currency translation
    		                                 1,000,000 2,000,000 2,000,000 -3,000,000 4,000,000 -1,000,000 3,000,000 6,000,000 -2,000,000 -8,000,000  
      adjustments to reconcile net income to net cash from operations:
    		                                            
      loss on property and intangible assets
    		                                  2,000,000          
      gain on disposal of intangible assets
    		                                            
      purchases of intangible assets
    		                                       0 -2,000,000 -5,000,000   
      proceeds from disposals of intangible assets
    		                                            
      non-cash transfer of assets
    		                                       0     
      other current assets
    		                                    7,000,000 -47,000,000 -42,000,000 8,000,000 -3,000,000 14,000,000 12,000,000  
      other non-current assets
    		                                    -7,000,000 -4,000,000 -8,000,000 -6,000,000 -13,000,000 -8,000,000 4,000,000  
      deferred revenue
    		                                    0 36,000,000       
      non-current deferred revenue
    		                                    -10,000,000 861,000,000       
      gain on disposal of intangible assets and property
    		                                     3,000,000  -1,000,000 0 -62,000,000   
      write-off of deferred loan costs
    		                                          0  
      impairment of goodwill and intangible assets
    		                                            
      benefit from doubtful accounts
    		                                           7,000,000 
      employee stock-based expense
    		                                            
      gain on disposal of property and intangible assets
    		                                            
      related party receivable
    		                                          0  
      related party payable
    		                                            
      acquisition of subsidiaries, net of cash
    		                                            
      purchase of investments and intangible assets
    		                                            
      issuances of related party notes receivables
    		                                          0  
      repayment of related party notes receivables
    		                                          0  
      proceeds from issuance of related party long-term debt
    		                                          0  
      proceeds from bridge loan facility
    		                                          0  
      proceeds from senior unsecured credit facility
    		                                          0  
      repayment of related party long-term debt
    		                                          0  
      repayment of bridge loan facility
    		                                          0  
      cash distributions to cadbury
    		                                          0  
      change in cadbury’s net investment
    		                                          0  
      proceeds from disposals of investments and other assets
    		                                       0 0 68,000,000   
      proceeds from repayment of related party notes receivables
    		                                            
      cash distribution to cadbury
    		                                            
      non-cash settlement related to separation from cadbury
    		                                            
      non-cash purchase accounting adjustment related to prior year acquisitions
    		                                            
      proceeds from related party notes receivables
    		                                            
      non-cash transfers of operating assets and liabilities to cadbury
    		                                            
      non-cash transfer of pension obligation
    		                                           71,000,000 
      employee stock-based expense, net of tax benefit
    		                                            
      related party payables
    		                                            
      settlement related to separation from cadbury
    		                                            
      purchase accounting adjustment related to prior year acquisitions
    		                                            
      transfers of property, plant, and equipment to cadbury
    		                                            
      transfers of operating assets and liabilities to cadbury
    		                                            
      reduction in long-term debt from cadbury
    		                                            
      related entities acquisition payments
    		                                            
      note payable related to acquisition
    		                                            
      liabilities expected to be reimbursed by cadbury
    		                                            
      reclassifications for tax transactions
    		                                            
      changes in:
    		                                            
      gain on disposal of property
    		                                           -2,000,000 
      equity in earnings of unconsolidated subsidiaries
    		                                            
      decrease (increase) in trade accounts receivable
    		                                           15,000,000 
      (increase) in related party receivables
    		                                           -21,000,000 
      decrease (increase) in other accounts receivable
    		                                           15,000,000 
      (increase) in inventories
    		                                           -35,000,000 
      (increase) in prepaid expenses other current assets
    		                                           -34,000,000 
      increase in other non-current assets
    		                                           -11,000,000 
      increase in accounts payable and accrued expenses
    		                                           -60,000,000 
      increase in related party payables
    		                                           63,000,000 
      increase in income taxes payable
    		                                           1,000,000 
      increase in other non-current liabilities
    		                                           -2,000,000 
      purchases of investments and intangible assets
    		                                            
      payments on notes receivables
    		                                           37,000,000 
      issuances of notes receivables
    		                                            
      financing activities
    		                                            
      proceeds from issuance of long-term debt
    		                                           129,000,000 
      repayment of long-term debt
    		                                           -145,000,000 
      change in cadbury schweppes’ net investment
    		                                           -50,000,000 
      non-cash transfers of property, plant and equipment to other cadbury schweppes companies
    		                                            
      non-cash transfers of operating assets and liabilities to other cadbury schweppes companies
    		                                           10,000,000 
      non-cash reclassifications upon fin 48 adoption
    		                                            
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.