Snapple 2009 Annual Report Download - page 116

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The total pension and postretirement defined benefit costs recorded in the Company’s Consolidated State-
ments of Operations for the years ended December 31, 2009, 2008 and 2007 were as follows (in millions):
2009 2008 2007
For the Year Ended
December 31,
Net Periodic Benefit Costs(1)
Pension plans(2) ............................................. $ 11 $ 31 $ —
Postretirement benefit plans ..................................... 3 2 —
Multi-employer plans ......................................... 8 4 26
Total .................................................... $ 22 $ 37 $ 26
(1) Effective January 1, 2008, the Company separated commingled pension and postretirement plans which
contained participants of both the Company and other Cadbury companies into separate stand alone plans
sponsored by DPS. The net periodic benefit costs associated with these plans for the year ended December 31,
2007 are reflected as multi-employer plan expense in the table above.
(2) During the fourth quarter of 2009, the Company recorded a pension settlement loss of approximately $3 million
due to lump-sum distributions that occurred during 2009. The Company recorded approximately $17 million in
2008 related to pension plan settlements that resulted from the organizational restructuring program initiated in
the fourth quarter of 2007. Additionally, the Company recorded a pension curtailment gain of less than
$1 million for the year ended December 31, 2008.
96
DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)