Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

 v2.3.0.11
Investments (Tables)
6 Months Ended
Jul. 01, 2011
Investments  
Schedule of trading securities

The Company's trading securities were included in the following captions in our condensed consolidated balance sheets (in millions):

 

    July 1,
2011
    December 31,
2010
 
   

Marketable securities

    $  145     $  132  

Other assets

    118     77  
   

Total trading securities

    $  263     $  209  
   
Certain Debt and Marketable Equity Securities, Available-for-Sale and Held-To-Maturity Securities, Value and Maturities

As of July 1, 2011, available-for-sale and held-to-maturity securities consisted of the following (in millions):

 

          Gross Unrealized     Estimated  
                   

 

    Cost     Gains     Losses     Fair Value  
   

Available-for-sale securities:1

                         

    Equity securities

    $  855     $  373     $    (3 )   $  1,225  

    Other securities

    9     —     —     9  
   

 

    $  864     $  373     $    (3 )   $  1,234  
   

Held-to-maturity securities:

                         

    Bank and corporate debt

    $  248     $    —     $   —     $     248  
   

1 Refer to Note 14 for additional information related to the estimated fair value.

 

As of December 31, 2010, available-for-sale and held-to-maturity securities consisted of the following (in millions):

 

          Gross Unrealized     Estimated  
                   

 

    Cost     Gains     Losses     Fair Value  
   

Available-for-sale securities:1

                         

    Equity securities

    $  209     $  267     $    (5 )   $  471  

    Other securities

    14     —     —     14  
   

 

    $  223     $  267     $    (5 )   $  485  
   

Held-to-maturity securities:

                         

    Bank and corporate debt

    $  111     $    —     $   —     $  111  
   

1 Refer to Note 14 for additional information related to the estimated fair value.

 
Investments by Balance Sheet Grouping

The Company's available-for-sale and held-to-maturity securities were included in the following captions in our condensed consolidated balance sheets (in millions):

 

  July 1, 2011     December 31, 2010    

 

    Available-
for-Sale
Securities
    Held-to-
Maturity
Securities
    Available-
for-Sale
Securities
    Held-to-
Maturity
Securities
 
   

Cash and cash equivalents

    $        —     $  247     $    —     $  110  

Marketable securities

    —     1     5     1  

Other investments, principally bottling companies

    1,225     —     471     —  

Other assets

    9     —     9     —  
   

 

    $  1,234     $  248     $  485     $  111  
   
Contractual maturity amounts of the investment securities

The contractual maturities of these investments as of July 1, 2011, were as follows (in millions):

 

    Available-for-Sale
Securities
    Held-to-Maturity
Securities
 
           

 

    Cost     Fair Value     Amortized Cost     Fair Value  
   

Within 1 year

    $    —     $       —     $  248     $  248  

After 1 year through 5 years

    2     2     —     —  

After 5 years through 10 years

    1     1     —     —  

After 10 years

    6     6     —     —  

Equity securities

    855     1,225     —     —  
   

 

    $  864     $  1,234     $  248     $  248