Snapple 2011 Annual Report Download - page 49

Download and view the complete annual report

Please find page 49 of the 2011 Snapple annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

29
Results of Operations by Segment
We report our business in three segments: Beverage Concentrates, Packaged Beverages and Latin America Beverages. The
key financial measures management uses to assess the performance of our segments are net sales and SOP. The following tables
set forth net sales and SOP for our segments for 2011 and 2010, as well as the other amounts necessary to reconcile our total
segment results to our consolidated results presented in accordance with accounting principles generally accepted in the United
States of America ("U.S. GAAP") (in millions):
Segment Results — Net sales
Beverage Concentrates
Packaged Beverages
Latin America Beverages
Net sales
Segment Results — SOP
Beverage Concentrates
Packaged Beverages
Latin America Beverages
Total SOP
Unallocated corporate costs
Other operating expense (income), net
Income from operations
Interest expense, net
Loss on early extinguishment of debt
Other income, net
Income before provision for income taxes and equity in earnings of unconsolidated
subsidiaries
For the Year Ended
December 31,
2011
$ 1,193
4,292
418
$ 5,903
For the Year Ended
December 31,
2011
$ 779
519
43
1,341
306
11
1,024
111
—
(12)
$ 925
2010
$ 1,156
4,098
382
$ 5,636
2010
$ 745
536
40
1,321
288
8
1,025
125
100
(21)
$ 821