Snapple 2011 Annual Report Download - page 121

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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
101
20. Guarantor and Non-Guarantor Financial Information
The Company's 2012, 2013, 2016, 2018, 2019, 2021 and 2038 Notes (collectively, the "Notes") are fully and unconditionally
guaranteed by substantially all of the Company's existing and future direct and indirect domestic subsidiaries (except two immaterial
subsidiaries associated with the Company's charitable foundations) (the "Guarantors"), as defined in the indentures governing the
Notes. The Guarantors are wholly-owned either directly or indirectly by the Company and jointly and severally guarantee the
Company's obligations under the Notes. None of the Company's subsidiaries organized outside of the U.S. (collectively, the "Non-
Guarantors") guarantee the Notes.
The following schedules present the financial information for the years ended December 31, 2011, 2010 and 2009, and as of
December 31, 2011, and 2010, for Dr Pepper Snapple Group, Inc. (the "Parent"), Guarantors and Non-Guarantors. The consolidating
schedules are provided in accordance with the reporting requirements for guarantor subsidiaries (in millions).
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Depreciation and amortization
Other operating expense (income), net
Income from operations
Interest expense
Interest income
Loss on early extinguishment of debt
Other (income) expense, net
Income (loss) before provision for income
taxes and equity in earnings of subsidiaries
Provision for income taxes
Income (loss) before equity in earnings of
subsidiaries
Equity in earnings of consolidated subsidiaries
Equity in earnings of unconsolidated
subsidiaries, net of tax
Net income
Condensed Consolidating Statement of Income
For the Year Ended December 31, 2011
Parent
$ —
—
—
—
—
—
—
112
(74)
—
(12)
(26)
(14)
(12)
618
—
$ 606
Guarantors
$ 5,350
2,248
3,102
2,037
119
13
933
80
(2)
—
(3)
858
306
552
66
—
$ 618
Non-
Guarantors
$ 579
263
316
220
7
(2)
91
—
(5)
—
3
93
28
65
—
1
$ 66
Eliminations
$(26)
(26)
—
—
—
—
—
(78)
78
—
—
—
—
—
(684)
—
$(684)
Total
$ 5,903
2,485
3,418
2,257
126
11
1,024
114
(3)
—
(12)
925
320
605
—
1
$ 606