Annual report pursuant to Section 13 and 15(d)

EQUITY METHOD INVESTMENTS (Tables)

v2.4.0.6
EQUITY METHOD INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2011
EQUITY METHOD INVESTMENTS [Abstract]  
Summarized financial information for CCE
The following table provides summarized financial information for CCE for the nine months ended October 1, 2010, and for the year ended December 31, 2009 (in millions):
 
Nine Months Ended

 
Year Ended

 
October 1, 2010

 
December 31, 2009

Net operating revenues
$
16,464

 
$
21,645

Cost of goods sold
10,028

 
13,333

Gross profit
$
6,436

 
$
8,312

Operating income (loss)
$
1,369

 
$
1,527

Net income (loss)
$
677

 
$
731

Summary of significant transactions with CCE
The following table provides a summary of our significant transactions with CCE for the nine months ended October 1, 2010, and for the year ended December 31, 2009 (in millions):
 
Nine Months Ended

 
Year Ended

 
October 1, 2010

 
December 31, 2009

Concentrate, syrup and finished product sales to CCE
$
4,737

 
$
6,032

Syrup and finished product purchases from CCE
263

 
351

CCE purchases of sweeteners through our Company
251

 
419

Marketing payments made by us directly to CCE
314

 
415

Marketing payments made to third parties on behalf of CCE
106

 
174

Local media and marketing program reimbursements from CCE
268

 
330

Payments made to CCE for dispensing equipment repair services
64

 
87

Other payments — net
19

 
66

Summarized financial information for equity method investees, excluding CCE
A summary of financial information for our equity method investees in the aggregate, other than CCE, is as follows (in millions):
Year Ended December 31,
2011

 
2010

 
2009

Net operating revenues
$
42,472

 
$
38,663

 
$
34,292

Cost of goods sold
26,271

 
23,053

 
20,205

Gross profit
$
16,201

 
$
15,610

 
$
14,087

Operating income
$
4,181

 
$
4,134

 
$
3,657

Consolidated net income
$
2,237

 
$
2,659

 
$
2,269

Less: Net income attributable to noncontrolling interests
99

 
89

 
78

Net income attributable to common shareowners
$
2,138

 
$
2,570

 
$
2,191

December 31,
2011

 
2010

Current assets
$
13,960

 
$
12,223

Noncurrent assets
27,152

 
26,524

Total assets
$
41,112

 
$
38,747

Current liabilities
$
10,545

 
$
9,039

Noncurrent liabilities
11,646

 
11,175

Total liabilities
$
22,191

 
$
20,214

Shareowners' equity
$
18,392

 
$
18,046

Noncontrolling interest
529

 
487

Total equity
$
18,921

 
$
18,533

Company equity investment
$
7,234

 
$
6,954