Snapple 2011 Annual Report Download - page 104

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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
84
Effective December 31, 2009, the Company also adopted the U.S. GAAP guidance on how companies should estimate the
fair value of certain alternative investments and allows companies to use Net Asset Value (NAV) as a practical expedient in
determining fair value. Approximately $66 million and $87 million of pension and postretirement benefit plan assets reflected
were valued using NAV as of December 31, 2011 and 2010, respectively.
Effective December 31, 2011, the Company adopted the additional disclosure requirements required by U.S. GAAP related
to an employer's participation in a multi-employer pension plan. Those additional disclosure requirements provide more detailed
information about multi-employer plans, including: (1) the significant multi-employer plans in which an employer participates;
(2) the level of an employer's participation in the significant multi-employer plans; (3) the financial health of the significant multi-
employer plans; and (4) the nature of the employer commitments to the significant multi-employer plans. The adoption of the
guidance is disclosure related only, therefore it did not impact the Company's results of operations or financial position.
The total pension and postretirement net periodic benefit costs recorded in the Company's Consolidated Statements of Income
for the years ended December 31, 2011, 2010 and 2009 were as follows (in millions):
Total net periodic benefit costs
Pension plans
Postretirement medical plans
Total
For the Year Ended December 31,
2011
$ 7
(1)
$ 6
2010
$ 9
(7)
$ 2
2009
$ 11
3
$ 14