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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
104
As of December 31,
2014 2013
Total assets
Property, plant and equipment, net
Beverage Concentrates $ 71 $ 73
Packaged Beverages 899 932
Latin America Beverages 102 92
Segment total 1,072 1,097
Corporate and other 69 76
Total property, plant and equipment, net 1,141 1,173
Current assets 1,211 1,119
All other non-current assets 5,921 5,909
Total assets $ 8,273 $ 8,201
Refer to Note 7 for additional information regarding the assignment of goodwill to the Company's operating segments. The
majority of the Company's other intangible assets are assigned to the Beverage Concentrates operating segment.
GEOGRAPHIC DATA
The Company utilizes separate legal entities for transactions with customers outside of the United States. Information about
the Company's operations by geographic region as of December 31, 2014 and 2013 and for the years ended December 31, 2014,
2013 and 2012 is below (in millions):
For the Year Ended December 31,
2014 2013 2012
Net sales
U.S. $ 5,361 $ 5,292 $ 5,341
International 760 705 654
Total net sales $ 6,121 $ 5,997 $ 5,995
As of December 31,
2014 2013
Property, plant and equipment, net
U.S. $ 1,039 $ 1,081
International 102 92
Total property, plant and equipment, net $ 1,141 $ 1,173
MAJOR CUSTOMER
WalMart represents one of the Company's major customers and accounted for more than 10% of total net sales. For the years
ended December 31, 2014, 2013 and 2012, DPS recorded net sales to WalMart of $740 million, $734 million and $763 million,
respectively. These represent direct sales from the Company to WalMart and were reported in DPS' Packaged Beverages and Latin
America Beverages segments.
Additionally, customers in the Company's Beverage Concentrates segment buy concentrate from DPS which is used in finished
goods sold by the Company's third party bottlers to WalMart. These indirect sales further increase the concentration of risk associated
with DPS' consolidated net sales as it relates to WalMart.