Pepsi 2015 Annual Report Download - page 137
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Table of Contents
120
The following table summarizes other supplemental information:
2015 2014 2013
Other supplemental information
Rent expense $ 696 $ 707 $ 639
Interest paid $ 952 $ 925 $ 1,007
Income taxes paid, net of refunds $ 1,808 $ 1,847 $ 3,076
Note 15 — Divestitures
Suntory Holdings Limited
During our second quarter of 2013, as part of the refranchising of our beverage business in Vietnam, we
completed a transaction with Suntory Holdings Limited. Under the terms of the agreement, we sold a
controlling interest in our Vietnam bottling operations. The alliance serves as the franchise bottler for both
companies. As a result of this transaction, we recorded a pre- and after-tax gain of $137 million (or $0.09
per share) in our 2013 results.