Snapple 2014 Annual Report Download - page 109
Download and view the complete annual report
Please find page 109 of the 2014 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.-
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
 |
 |
DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
106
Condensed Consolidating Statements of Income
For the Year Ended December 31, 2013
Parent Guarantors Non-
Guarantors Eliminations Total
Net sales $ — $ 5,406 $ 623 $ (32) $ 5,997
Cost of sales — 2,240 291 (32) 2,499
Gross profit — 3,166 332 — 3,498
Selling, general and administrative expenses 4 2,048 220 — 2,272
Multi-employer pension plan withdrawal — 56 — — 56
Depreciation and amortization — 107 8 — 115
Other operating expense, net — 9 — — 9
Income from operations (4) 946 104 — 1,046
Interest expense 118 89 — (84) 123
Interest income (77) — (9) 84 (2)
Other expense (income), net 383 (6) 6 — 383
Income (loss) before provision (benefit) for
income taxes and equity in earnings of
subsidiaries (428) 863 107 — 542
Provision (benefit) for income taxes (16) (147) 82 — (81)
Income (loss) before equity in earnings of
subsidiaries (412) 1,010 25 — 623
Equity in earnings of consolidated subsidiaries 1,036 26 — (1,062) —
Equity in earnings of unconsolidated
subsidiaries, net of tax — — 1 — 1
Net income $ 624 $ 1,036 $ 26 $ (1,062) $ 624