Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Divestitures (Tables)

v2.4.0.8
Acquisitions and Divestitures (Tables)
9 Months Ended
Sep. 27, 2013
Acquisition and Divestures [Abstract]  
Disclosure of Assets and Liabilities Held-for-sale [Table Text Block]
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 sheet as of December 31, 2012 (in millions):
 
December 31, 2012
 
Brazilian
Bottling Operations

 
Philippine Bottling Operations

 
Total Bottling Operations
Held for Sale as of December 31, 2012

Cash, cash equivalents and short-term investments
$
45

 
$
133

 
$
178

Trade accounts receivable, less allowances
88

 
108

 
196

Inventories
85

 
187

 
272

Prepaid expenses and other assets
174

 
223

 
397

Other assets
128

 
7

 
135

Property, plant and equipment — net
419

 
841

 
1,260

Bottlers' franchise rights with indefinite lives
130

 
341

 
471

Goodwill
22

 
148

 
170

Other intangible assets
1

 

 
1

Allowance for reduction of assets held for sale

 
(107
)
 
(107
)
Total assets1
$
1,092

 
$
1,881

 
$
2,973

Accounts payable and accrued expenses
$
157

 
$
241

 
$
398

Loans and notes payable
6

 

 
6

Current maturities of long-term debt
28

 

 
28

Accrued income taxes
4

 
(4
)
 

Long-term debt
147

 

 
147

Other liabilities
75

 
20

 
95

Deferred income taxes
20

 
102

 
122

Total liabilities1
$
437

 
$
359

 
$
796

1 
The assets and liabilities of our Philippine and Brazilian bottling operations were included in our Bottling Investments operating segment during the period(s) in which they were consolidated entities of the Company. Refer to Note 15.