Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

v3.4.0.3
Acquisitions and Divestitures Acquisitions and Divestitures (Tables)
 3 Months Ended
Apr. 01, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Assets and Liabilities Held for Sale
The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in our condensed consolidated balance sheets (in millions):
 
April 1, 2016

 
December 31, 2015

 
Cash, cash equivalents and short-term investments
$
116

 
$
143

 
Trade accounts receivable, less allowances
425

 
485

 
Inventories
282

 
276

 
Prepaid expenses and other assets
82

 
83

 
Equity method investments
93

 
92

 
Other assets
27

 
25

 
Property, plant and equipment — net
1,980

 
2,021

 
Bottlers' franchise rights with indefinite lives
961

 
1,020

 
Goodwill
389

 
333

 
Other intangible assets
56

 
115

 
Allowance for reduction of assets held for sale
(625
)
 
(693
)
 
Total assets
$
3,786

1 
$
3,900

3 
Accounts payable and accrued expenses
$
808

 
$
712

 
Current maturities of long-term debt
21

 
12

 
Accrued income taxes
4

 
4

 
Long-term debt
81

 
74

 
Other liabilities
102

 
79

 
Deferred income taxes
226

 
252

 
Total liabilities
$
1,242

2 
$
1,133

4 

1 Consists of total assets relating to CCEP of $3,048 million, North America refranchising of $329 million, Coca-Cola Beverages Africa Limited of $390 million and other assets held for sale of $19 million, which are included in the Bottling Investments, Eurasia and Africa, and Corporate operating segments.
2 
Consists of total liabilities relating to CCEP of $1,084 million, North America refranchising of $82 million and Coca-Cola Beverages Africa Limited of $76 million, which are included in the Bottling Investments and Eurasia and Africa operating segments.
3 Consists of total assets relating to CCEP of $2,894 million, North America refranchising of $589 million, Coca-Cola Beverages Africa Limited of $398 million and other assets held for sale of $19 million, which are included in the Bottling Investments, Eurasia and Africa, and Corporate operating segments.
4 
Consists of total liabilities relating to CCEP of $924 million, North America refranchising of $123 million and Coca-Cola Beverages Africa Limited of $86 million, which are included in the Bottling Investments and Eurasia and Africa operating segments.
We determined that the operations included in the table above did not meet the criteria to be classified as discontinued operations under the applicable guidance.