Snapple 2011 Annual Report Download - page 6

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Looking Forward
Our unmatched brand portfolio, unwavering focus on
our strategic priorities and increasing engagement
in RCI will enable us to continue to execute against
a winning strategy that has remained consistent
since 2008. Strong marketing support behind our
brands will continue, with compelling advertising,
programming that addresses purchase barriers
and campaigns that create awareness and trial.
Using research on how consumers navigate stores
and category aisles, we’ll further refi ne our retail
execution strategy.
We’ll also continue to engage, align and mobilize our
people around our Call to ACTION initiative, extending
capabilities to frontline employees and leveraging
online DPS Campus training to enable even better
execution. Our people, a team 19,000 strong, are the
heart of the organization, and we value their talents
and contributions.
As we lead with our fl avor portfolio and play to our
strengths of speed and agility to outpace the competition,
we are confi dent in our ability to deliver long-term,
sustainable growth and to increase shareholder value in
2012 and beyond.
Sincerely,
Wayne R. Sanders
Chairman of the Board
Larry D. Young
President & Chief Executive Offi cer
March 2, 2012
4
*Includes one-time licensing agreement payments
from The Coca-Cola Co. and PepsiCo, Inc.
SOURCES USES
PRIMARY SOURCES
& USES OF CASH
$3.8 Billion
$4.2 Billion
(THREE-YEAR CUMULATIVE TOTAL 2009–2011)
PEPSI/COKE
LICENSING
AGREEMENTS
OPERATIONS
SHARE REPURCHASES
DIVIDENDS
NET REPAYMENT OF
CREDIT FACILITY & NOTES
CAPITAL SPENDING
CASH
FLOW
FROM OPERATIONS
(IN MILLIONS)
FOUR–YEAR TOTAL: $4.87 BILLION
2008 2009 2010 2 011
$709
$865
$2,535*
$760