Snapple 2010 Annual Report Download - page 111

Download and view the complete annual report

Please find page 111 of the 2010 Snapple annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The following table summarizes the components of the net periodic benefit cost and changes in plan assets and benefit
obligations recognized in OCI for the stand alone U.S. and foreign plans for the years ended December 31, 2010, 2009 and
2008 (in millions):
Net Periodic Benefit Costs
Service cost
Interest cost
Expected return on assets
Amortization of actuarial loss
Amortization of prior service cost
Curtailments
Settlements
Net periodic benefit costs
Changes Recognized in OCI
Curtailment effects
Settlement effects
Current year actuarial (gain) loss
Recognition of actuarial loss
Recognition of current year prior service credit
Recognition of prior service cost
Total recognized in OCI
Pension Plans
For the Year Ended December 31,
2010
$2
14
(16)
4
5
$9
$—
(5)
(5)
(4)
$(14)
2009
$1
15
(13)
5
3
$11
$—
(3)
(4)
$(7)
2008
$11
19
(19)
3
1
(1)
17
$31
$(34)
(16)
60
(3)
(1)
$6
Postretirement
Medical Plans
2010
$1
1
(1)
(8)
$(7)
$8
(1)
(14)
1
$(6)
2009
$1
2
$3
$—
(3)
$(3)
2008
$1
1
$2
$—
5
$5
The estimated net actuarial loss for the defined benefit plans that will be amortized from AOCL into periodic benefit cost
in 2011 is approximately $2 million. The estimated prior service cost for the defined benefit plans that will be amortized from
AOCL into periodic benefit costs in 2011 is not significant.
The following table summarizes amounts included in AOCL for the plans as of December 31, 2010 and 2009 (in millions):
Prior service cost (gains)
Net losses
Amounts in AOCL
Pension Plans
2010
$1
48
$49
2009
$1
64
$65
Postretirement
Medical Plans
2010
$(7)
4
$(3)
2009
$(1)
5
$4
The following table summarizes the contributions made to the Company’s pension and other postretirement benefit plans
for the years ended December 31, 2010 and 2009, as well as the projected contributions for the year ending December 31, 2011
(in millions):
Pension plans
Postretirement medical plans
Total
Projected
2011
$1
1
$2
Actual
2010
$14
1
$15
2009
$43
2
$45
91