Snapple 2013 Annual Report Download - page 32

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22
ITEM 6. SELECTED FINANCIAL DATA
The following table presents selected historical financial data for the years ended December 31, 2013, 2012, 2011, 2010 and
2009. All the selected historical financial data has been derived from our Audited Consolidated Financial Statements and is stated
in millions of dollars except for per share information.
You should read this information along with the information included in Item 7, "Management's Discussion and Analysis of
Financial Condition and Results of Operations," and our Audited Consolidated Financial Statements and the related Notes thereto
included elsewhere in this Annual Report on Form 10-K.
Year Ended December 31,
2013 2012 2011 2010 2009
(in millions, except per share data)
Statements of Income Data:
Net sales $ 5,997 $ 5,995 $ 5,903 $ 5,636 $ 5,531
Gross profit 3,498 3,495 3,418 3,393 3,297
Income from operations 1,046 1,092 1,024 1,025 1,085
Net income 624 629 606 528 555
Basic earnings per share(1) $ 3.08 $ 2.99 $ 2.77 $ 2.19 $ 2.18
Diluted earnings per share(1) 3.05 2.96 2.74 2.17 2.17
Dividends declared per share 1.52 1.36 1.21 0.90 0.15
Statements of Cash Flows Data:
Cash provided by (used in):
Operating activities(2) $ 866 $ 482 $ 783 $ 2,535 $ 865
Investing activities (195)(217)(240)(225)(251)
Financing activities (880)(603)(152)(2,280)(554)
As of December 31,
2013 2012 2011 2010 2009
(in millions, except per share data)
Balance Sheet Data:
Total assets 8,201 8,928 $ 9,283 $ 8,776 $ 8,638
Short-term borrowings and current portion of long-term
obligations 66 250 452 404 —
Long-term obligations 2,508 2,554 2,256 1,687 2,960
Other non-current liabilities(2) 2,386 2,862 2,849 3,375 1,775
Total stockholders’ equity 2,277 2,280 2,263 2,459 3,187
____________________________
(1) The weighted average number of common shares outstanding used in the calculation of earnings per share ("EPS") was
impacted by the repurchase and retirement of DPS common stock. For the years ended December 31, 2013, 2012, 2011 and
2010, we repurchased and retired 8.7 million shares, 9.5 million shares, 13.7 million shares and 30.8 million shares, respectively.
No shares were repurchased during the year ended December 31, 2009.
(2) The 2010 other non-current liabilities for the fiscal year reflects non-current deferred revenue of $1,515 million due to the
receipt of separate one-time nonrefundable cash payments from PepsiCo and Coca-Cola recorded as deferred revenue, which
is included within operating activities on the Consolidated Statement of Cash Flows.