Snapple 2008 Annual Report Download - page 80

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DR PEPPER SNAPPLE GROUP, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
For the Years Ended December 31, 2008, 2007 and 2006
Shares Amount
Additional
Paid-In
Capital
Accumulated
Deficit
Cadbury’s Net
Investment
Accumulated
Other
Comprehensive
Income (Loss) Total Equity
Comprehensive
Income (Loss)
Common Stock
Issued
(In millions)
Balance as of January 1, 2006 . . . — $— $ — $ — $ 2,416 $ 10 $ 2,426
Net income . .............. — — — — 510 — 510 $510
Contributions from Cadbury .... — — — — 403 — 403 —
Distributions to Cadbury . . . .... — — — — (80) — (80) —
Adoption of FAS 158, net of tax
of$2.................. — — — — — (4) (4) —
Net change in pension liability,
net of tax of less than $1 . .... — — — — — 3 3 3
Foreign currency translation
adjustment .............. — — — — — (8) (8) (8)
Balance as of December 31,
2006 .................. — — — — 3,249 1 3,250 505
Net income . .............. — — — — 497 — 497 497
Contributions from Cadbury .... — — — — 1,484 — 1,484 —
Distributions to Cadbury . . . .... — — — — (213) — (213) —
Adoption of FIN 48 . ......... — — — — (16) — (16) —
Net change in pension liability,
net of tax expense of $2 . .... — — — — — 3 3 3
Foreign currency translation
adjustment .............. — — — — — 16 16 16
Balance as of December 31,
2007 .................. — — — — 5,001 20 5,021 516
Net (loss) income . . ......... — — — (430) 118 — (312) (312)
Contributions from Cadbury .... — — — — 259 — 259 —
Distributions to Cadbury . . . .... — — — — (2,242) — (2,242) —
Separation from Cadbury on
May 7, 2008 and issuance of
common stock upon
distribution .............. 253.7 3 3,133 — (3,136) — — —
Stock-based compensation
expense, including tax benefit . . — — 7 — — — 7 —
Net change in pension liability,
net of tax benefit of $30 . .... — — — — — (43) (43) (43)
Adoption of FAS 158, net of tax
benefit of $1 ............. — — — — — (2) (2) —
Cash flow hedges, net of tax
benefits of $12. . . ......... — — — — — (20) (20) (20)
Foreign currency translation
adjustment .............. — — — — — (61) (61) (61)
Balance as of December 31,
2008 .................. 253.7 $ 3 $3,140 $(430) $ — $(106) $ 2,607 $(436)
The accompanying notes are an integral part of these consolidated financial statements.
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