Snapple 2009 Annual Report Download - page 137

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2009 2008
For the Year Ended
December 31,
Total assets
Beverage Concentrates ........................................ $ 91 $ 87
Packaged Beverages .......................................... 911 842
Latin America Beverages....................................... 64 51
Segment total............................................ 1,066 980
Corporate and other........................................... 43 18
Adjustments and eliminations ................................... — (8)
Property, plant and equipment, net as reported ..................... 1,109 990
Current assets as reported . . . ................................... 1,279 1,237
All other non-current assets as reported ............................ 6,388 6,411
Total assets as reported ......................................... $ 8,776 $ 8,638
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 for 2009, 2008 and 2007 is below:
2009 2008 2007
For the Year Ended December 31,
Net sales
United States ....................................... $ 4,968 $ 5,070 $ 5,069
International ....................................... 563 640 626
Net sales as reported .................................. $ 5,531 $ 5,710 $ 5,695
2009 2008
For the Year Ended
December 31,
Property, plant and equipment, net
United States................................................ $ 1,044 $ 935
International ................................................ 65 55
Property, plant and equipment, net as reported ...................... $ 1,109 $ 990
Major Customer
Wal-Mart, Inc. (“Wal-Mart”) represents one of our major customers and accounted for more than 10% of our
total net sales. For the years ended December 31, 2009, 2008 and 2007, we recorded net sales to Wal-Mart of
$733 million, $639 million and $588 million, respectively. These represent direct sales from us to Wal-Mart and
were reported in our Packaged Beverages and Latin America Beverages segments.
Additionally, customers in our Beverage Concentrates segment buy concentrate from us which is used in
finished goods sold by our third party bottlers to Wal-Mart. These indirect sales further increase the concentration of
risk associated with DPS’ consolidated net sales as it relates to Wal-Mart.
117
DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)