Snapple 2008 Annual Report Download - page 129

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sales to Beverage Concentrates and Finished Goods as detailed below. The impact of foreign currency totaled
$(2) million, $9 million and $(2) million for the years ended December 31, 2008, 2007 and 2006, respectively.
2008 2007 2006
For the Year Ended
December 31,
Beverage Concentrates ....................................... $(388) $(386) $(255)
Finished Goods ............................................ (293) (289) (235)
Bottling Group ............................................ (114) (104) (63)
Total intersegment sales .................................... $(795) $(779) $(553)
2008 2007 2006
For the Year Ended December 31,
Segment Results — UOP
Beverage Concentrates .................................. $ 778 $ 731 $ 710
Finished Goods(1) ..................................... 245 221 228
Bottling Group(1)...................................... (36) 76 74
Mexico and the Caribbean . . ............................. 86 100 102
LIFO inventory adjustment . . ............................. (20) (6) (3)
Intersegment eliminations and impact of foreign currency ........ (2) 2 (12)
Adjustments(2)........................................ (1,219) (120) (81)
(Loss) income from operations ............................. (168) 1,004 1,018
Interest expense, net .................................... (225) (189) (211)
Other income (expense) ................................. 18 2 (2)
(Loss) income before provision for income taxes and equity in
earnings of unconsolidated subsidiaries as reported........... $ (375) $ 817 $ 805
(1) UOP for 2007 and 2006 for the Bottling Group and Finished Goods segments have been recast to reallocate
intersegment profit allocations to conform to the change in 2008 management reporting of segment UOP. The
allocations totaled $54 million and $56 million for 2007 and 2006, respectively.
(2) Adjustments consist of the following:
2008 2007 2006
For the Year Ended
December 31,
Restructuring costs . . ....................................... $ (57) $ (76) $(27)
Transaction costs and other one time separation costs ............... (33) — —
Unallocated general and administrative expenses ................... (39) (36) (10)
Stock-based compensation expense ............................. (9) (21) (17)
Amortization expense related to intangible assets ................... (28) (30) (19)
Impairment of goodwill and intangible assets...................... (1,039) (6) —
Incremental pension costs .................................... (3) (11) (15)
Other operating income (expense) .............................. (4) 58 32
Other ................................................... (7) 2 (25)
Total.................................................. $(1,219) $(120) $(81)
105
DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)