Snapple 2014 Annual Report Download - page 106
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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
103
Information about the Company's operations by operating segment as of December 31, 2014 and 2013 and for the years
ended December 31, 2014, 2013 and 2012 is as follows (in millions):
For the Year Ended December 31,
2014 2013 2012
Segment Results – Net sales
Beverage Concentrates $ 1,228 $ 1,229 $ 1,221
Packaged Beverages 4,361 4,306 4,358
Latin America Beverages 532 462 416
Net sales $ 6,121 $ 5,997 $ 5,995
For the Year Ended December 31,
2014 2013 2012
Segment Results – SOP
Beverage Concentrates $ 790 $ 778 $ 774
Packaged Beverages 636 525 539
Latin America Beverages 78 61 51
Total SOP 1,504 1,364 1,364
Unallocated corporate costs 323 309 261
Other operating expense, net 19 11
Income from operations 1,180 1,046 1,092
Interest expense, net 107 121 123
Other expense (income), net —383 (9)
Income before provision (benefit) for income taxes and equity in
earnings of unconsolidated subsidiaries $ 1,073 $ 542 $ 978
For the Year Ended December 31,
2014 2013 2012
Amortization expense
Beverage Concentrates $ 16 $ 17 $ 20
Packaged Beverages 77 7
Latin America Beverages —— —
Segment total 23 24 27
Corporate and other 13 14 10
Total amortization expense $ 36 $ 38 $ 37
For the Year Ended December 31,
2014 2013 2012
Depreciation expense
Beverage Concentrates $ 7 $ 5 $ 10
Packaged Beverages 165 164 173
Latin America Beverages 15 14 11
Segment total 187 183 194
Corporate and other 12 13 9
Total depreciation expense $ 199 $ 196 $ 203