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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Jul. 20, 2015
DEI [Abstract]
Entity Registrant Name	Dr Pepper Snapple Group, Inc.
Entity Central Index Key	0001418135
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		190,886,056

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 1,655	$ 1,631	$ 3,106	$ 3,029
Cost of sales	674	665	1,276	1,219
Gross profit	981	966	1,830	1,810
Selling, general and administrative expenses	586	592	1,138	1,146
Depreciation and amortization	26	29	53	58
Other operating income, net	0	(3)	0	(2)
Income from operations	369	348	639	608
Interest expense	28	27	55	53
Interest income	(1)	0	(1)	(1)
Other expense (income), net	1	(1)	0	(2)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	341	322	585	558
Provision for income taxes	121	113	208	194
Income before equity in earnings of unconsolidated subsidiaries	220	209	377	364
Equity in earnings of unconsolidated subsidiaries, net of tax	0	1	0	1
Net income	$ 220	$ 210	$ 377	$ 365
Earnings per common share:
Basic	$ 1.15	$ 1.07	$ 1.96	$ 1.85
Diluted	$ 1.14	$ 1.06	$ 1.95	$ 1.84
Weighted average common shares outstanding:
Basic	191.4	196.6	192.2	197.3
Diluted	192.4	197.8	193.5	198.6
Cash dividends declared per common share	$ 0.48	$ 0.41	$ 0.96	$ 0.82

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Comprehensive income	$ 233	$ 216	$ 365	$ 368

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 127	$ 237
Accounts receivable:
Trade, net	630	556
Other	63	61
Inventories	217	204
Deferred tax assets	63	67
Prepaid expenses and other current assets	159	86
Total current assets	1,259	1,211
Property, plant and equipment, net	1,095	1,141
Investments in unconsolidated subsidiaries	13	14
Goodwill	2,989	2,990
Other intangible assets, net	2,679	2,684
Other non-current assets	165	159
Non-current deferred tax assets	67	74
Total assets	8,267	8,273
Current liabilities:
Accounts payable	305	289
Deferred revenue	64	64
Short-term borrowings and current portion of long-term obligations	505	3
Income taxes payable	58	10
Other current liabilities	631	672
Total current liabilities	1,563	1,038
Long-term Debt and Capital Lease Obligations	2,097	2,588
Non-current deferred tax liabilities	831	801
Non-current deferred revenue	1,216	1,250
Other non-current liabilities	298	302
Total liabilities	6,005	5,979
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.01 par value, 15,000,000 shares authorized, no shares issued	0	0
Common stock, $0.01 par value, 800,000,000 shares authorized, 190,925,830 and 192,957,696 shares issued and outstanding for 2015 and 2014, respectively	2	2
Additional paid-in capital	447	658
Retained earnings	1,962	1,771
Accumulated other comprehensive loss	(149)	(137)
Total stockholders' equity	2,262	2,294
Total liabilities and stockholders' equity	$ 8,267	$ 8,273

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Stockholders' equity:
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	800,000,000	800,000,000
Common stock, shares issued	190,925,830	192,957,696
Common stock, shares outstanding	190,925,830	192,957,696

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 377	$ 365
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	96	99
Amortization expense	16	18
Amortization of deferred revenue	(32)	(32)
Employee stock-based compensation expense	21	22
Deferred income taxes	19	22
Other, net	(21)	(23)
Changes in assets and liabilities, net of effects of acquisition:
Trade accounts receivable	(78)	(25)
Other accounts receivable	(2)	5
Inventories	(16)	(13)
Other current and non-current assets	(77)	(53)
Other current and non-current liabilities	(41)	(24)
Trade accounts payable	18	48
Income taxes payable	69	29
Net cash provided by operating activities	349	438
Investing activities:
Purchase of property, plant and equipment	(42)	(71)
Purchase of intangible assets	(1)	(1)
Payments to acquire cost method investment	(15)	0
Proceeds from disposals of property, plant and equipment	11	7
Other, net	0	(3)
Net cash used in investing activities	(47)	(68)
Financing activities:
Proceeds from (Repayments of) Commercial Paper	0	5
Repurchase of shares of common stock	(251)	(206)
Cash paid for shares not yet received	0	(50)
Dividends paid	(172)	(157)
Tax withholdings related to net share settlements of certain stock awards	(27)	(16)
Proceeds from stock options exercised	22	28
Excess tax benefit on stock-based compensation	20	8
Other, net	(1)	0
Net cash used in financing activities	(409)	(388)
Cash and cash equivalents - net change from:
Operating, investing and financing activities	(107)	(18)
Effect of exchange rate changes on cash and cash equivalents	(3)	0
Cash and cash equivalents at beginning of year	237	153
Cash and cash equivalents at end of period	$ 127	$ 135

Consolidated Statements of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Total Equity [Member]
Shares issued at beginning of period at Dec. 31, 2014		193.0
Total equity at beginning of period at Dec. 31, 2014	$ 2,294	$ 2	$ 658	$ 1,771	$ (137)	$ 2,294
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee stock-based compensation plans and other		1.2
Net income	377			377		377
Other comprehensive loss	(12)				(12)	(12)
Value of dividend equivalent units outstanding			3
Dividends declared, cash				(186)		(183)
Stock options exercised and stock-based compensation, net of tax			37			37
Common stock repurchases, shares		(3.2)
Common stock repurchases, value			(251)			(251)
Shares issued at end of period at Jun. 30, 2015		191.0
Total equity at end of period at Jun. 30, 2015	$ 2,262	$ 2	$ 447	$ 1,962	$ (149)	$ 2,262

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) $ in Millions	6 Months Ended
	Jun. 30, 2015 USD ($) $ / shares
Statement of Stockholders' Equity [Abstract]
Dividends declared per share \| $ / shares	$ 0.96
Stock options and stock-based compensation tax benefit \| $	$ (20)

General	6 Months Ended
General	Jun. 30, 2015
Accounting Policies [Abstract]
General	General References in this Quarterly Report on Form 10-Q to "DPS" or "the Company" refer to Dr Pepper Snapple Group, Inc. and all entities included in the unaudited condensed consolidated financial statements. This Quarterly Report on Form 10-Q refers to some of DPS' owned or licensed trademarks, trade names and service marks, which are referred to as the Company's brands. All of the product names included herein are either DPS' registered trademarks or those of the Company's licensors. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from these estimates. These unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and the notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2014. PRINCIPLES OF CONSOLIDATION DPS consolidates all wholly-owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes DPS' proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company is also required to consolidate entities that are variable interest entities (“VIEs”) of which DPS is the primary beneficiary. Judgments are made in assessing whether the Company is the primary beneficiary, including determination of the activities that most significantly impact the VIE’s economic performance. During the year ended December 31, 2014, the Company provided 100% financing to a VIE as part of a short term leasing structure for which DPS is the primary beneficiary. As a result, DPS has consolidated that entity. The Company’s financing of the VIE, which totaled $21 million as of December 31, 2014, included a transfer of cash and assignment of the rights to deposits previously made with a manufacturer in prior years. The Company's financing of the VIE, which eliminates in consolidation, was used by the VIE to purchase certain property, plant and equipment. During the quarter ended June 30, 2015, the leasing arrangement with the VIE was terminated through the Company assuming ownership of the property, plant and equipment purchased by the VIE as repayment of the Company's financing of the VIE. No gain or loss was recorded as a result of the termination. The Company eliminates from its financial results all intercompany transactions between entities included in the consolidated financial statements and the intercompany transactions with its equity method investees. USE OF ESTIMATES The process of preparing DPS' unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and judgments are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates: •goodwill and other indefinite-lived intangible assets; •revenue recognition; •pension and postretirement benefits; •multi-employer pension plan withdrawal liability; •risk management programs; and •income taxes. These critical accounting estimates are discussed in greater detail in our Annual Report on Form 10-K for the year ended December 31, 2014. RECENTLY ISSUED ACCOUNTING STANDARDS In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. ASU 2014-09 provides alternative methods of initial adoption. On July 9, 2015, the FASB voted to defer the effective date by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date. The FASB will formally issue this ASU during the third quarter of 2015. The Company is currently evaluating the impact that these standards will have on the consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"), in order to simplify the presentation of debt issuance costs. The ASU requires debt issuance costs to be presented on the balance sheet as a direct deduction from the related debt liability rather than an asset. ASU 2015-03 is effective for public companies for annual periods beginning after December 15, 2015, and interim periods thereafter, with early adoption permitted. The guidance also requires retrospective application to all prior periods presented. The Company will early adopt as of December 31, 2015 and does not anticipate a significant impact to the Company's financial position as a result of this change.

Inventories

6 Months Ended

Jun. 30, 2015

Inventory, Net [Abstract]

Inventories

Inventories consisted of the following:



	June 30,			December 31,
(in millions)	2015			2014
Raw materials	$	78		$	92
Spare parts	18			18
Work in process	5			5
Finished goods	150			126
Inventories at first in first out cost	251			241
Reduction to last in first out ("LIFO") cost	(34		)	(37		)
Inventories	$	217		$	204

Approximately $163 million and $151 million of the Company's inventory was accounted for under the LIFO method of accounting as of June 30, 2015 and December 31, 2014, respectively. The reduction to LIFO cost reflects the excess of the current cost of LIFO inventories as of June 30, 2015 and December 31, 2014, over the amount at which these inventories were valued on the unaudited Condensed Consolidated Balance Sheets. For the three and six months ended June 30, 2015, a LIFO inventory liquidation increased the Company's gross profit by $3 million. For the three and six months ended June 30, 2014, there was no LIFO inventory liquidation.

Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2015

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

GOODWILL

Changes in the carrying amount of goodwill by reporting unit are as follows:



(in millions)	Beverage Concentrates		WD Reporting Unit⁽¹⁾		DSD Reporting Unit⁽¹⁾			Latin America Beverages			Total
Balance as of January 1, 2014
Goodwill	$	1,732	$	1,220	$	185		$	31		$	3,168
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,220		5			31			2,988
Foreign currency impact	—		—		—			(3		)	(3		)
Acquisition activity⁽²⁾	—		2		3			—			5
Balance as of December 31, 2014
Goodwill	1,732		1,222		188			28			3,170
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,222		8			28			2,990
Foreign currency impact	—		—		—			(2		)	(2		)
Acquisition activity⁽²⁾	—		—		1			—			1
Balance as of June 30, 2015
Goodwill	1,732		1,222		189			26			3,169
Accumulated impairment losses	—		—		(180		)	—			(180		)
	$	1,732	$	1,222	$	9		$	26		$	2,989

____________________________


(1)	The Packaged Beverages segment is comprised of two reporting units, the Direct Store Delivery ("DSD") system and the Warehouse Direct ("WD") system.


(2)	The acquisition activity represents the goodwill associated with the purchase of Davis Beverage Group, Inc. and Davis Bottling Co, Inc. in 2014.

INTANGIBLE ASSETS OTHER THAN GOODWILL

The net carrying amounts of intangible assets other than goodwill are as follows:



	June 30, 2015							December 31, 2014
	Gross		Accumulated			Net		Gross		Accumulated			Net
(in millions)	Amount		Amortization			Amount		Amount		Amortization			Amount
Intangible assets with indefinite lives:
Brands⁽¹⁾	$	2,640	$	—		$	2,640	$	2,643	$	—		$	2,643
Distribution rights	27		—			27		27		—			27
Intangible assets with finite lives:
Brands	29		(28		)	1		29		(28		)	1
Distribution rights	14		(5		)	9		13		(4		)	9
Customer relationships	76		(74		)	2		76		(72		)	4
Bottler agreements	19		(19		)	—		19		(19		)	—
Total	$	2,805	$	(126	)	$	2,679	$	2,807	$	(123	)	$	2,684

____________________________


(1)	For the six months ended June 30, 2015, brands with indefinite lives decreased due to a $3 million change in foreign currency translation.

As of June 30, 2015, the weighted average useful life of intangible assets with finite lives was 10 years for distribution rights, brands, customer relationships, and in total. Amortization expense for intangible assets was $2 million and $3 million for the three and six months ended June 30, 2015, respectively, and $1 million and $2 million for the three and six months ended June 30, 2014, respectively.

Amortization expense of these intangible assets over the remainder of 2015 and the next four years is expected to be the following (in millions):



Year	Aggregate Amortization Expense
July 1, 2015 through December 31, 2015	$	3
2016	3
2017	1
2018	1
2019	1

IMPAIRMENT TESTING

The Company conducts impairment tests on goodwill and all indefinite-lived intangible assets annually or more frequently if circumstances indicate that the carrying amount of an asset may not be recoverable. DPS did not identify any circumstances that indicated that the carrying amount of any goodwill or any indefinite-lived intangible asset may not be recoverable as of June 30, 2015.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Prepaid Expenses and Other Current Assets and Other Current Liabilities

6 Months Ended

Jun. 30, 2015

Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]

Prepaid expenses and other current assets and other current liabilities

Prepaid Expenses and Other Current Assets and Other Current Liabilities

The table below details the components of prepaid expenses and other current assets and other current liabilities:



	June 30,		December 31,
(in millions)	2015		2014
Prepaid expenses and other current assets:
Customer incentive programs	$	57	$	18
Derivative instruments	24		11
Current assets held for sale	3		12
Other	75		45
Total prepaid expenses and other current assets	$	159	$	86
Other current liabilities:
Customer rebates and incentives	$	246	$	248
Accrued compensation	87		127
Insurance liability	47		46
Interest accrual	26		26
Dividends payable	92		79
Derivative instruments	18		18
Other	115		128
Total other current liabilities	$	631	$	672

Debt

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Debt

The following table summarizes the Company's long-term obligations:



	June 30,			December 31,
(in millions)	2015			2014
Senior unsecured notes⁽¹⁾	$	2,499		$	2,505
Capital lease obligations	103			86
Subtotal	2,602			2,591
Less - current portion	(505		)	(3		)
Long-term obligations	$	2,097		$	2,588

____________________________


(1)	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $28 million and $34 million as of June 30, 2015 and December 31, 2014, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 6 for further information regarding derivatives.

The following table summarizes the Company's short-term borrowings and current portion of long-term obligations:



	June 30,		December 31,
(in millions)	2015		2014
Commercial paper	$	—	$	—
Current portion of long-term obligations:
Senior unsecured notes	500		—
Capital lease obligations	5		3
Short-term borrowings and current portion of long-term obligations	$	505	$	3

SENIOR UNSECURED NOTES

The Company's senior unsecured notes consisted of the following:



(in millions)			Principal Amount		Carrying Amount
			June 30,		June 30,		December 31,
Issuance	Maturity Date	Rate	2015		2015		2014
2016 Notes	January 15, 2016	2.90%	$	500	$	500	$	500
2018 Notes	May 1, 2018	6.82%	724		724		724
2019 Notes	January 15, 2019	2.60%	250		250		250
2020 Notes	January 15, 2020	2.00%	250		246		245
2021 Notes	November 15, 2021	3.20%	250		249		249
2022 Notes	November 15, 2022	2.70%	250		264		265
2038 Notes	May 1, 2038	7.45%	250		266		272
			$	2,474	$	2,499	$	2,505

COMMERCIAL PAPER PROGRAM

On December 10, 2010, the Company entered into a commercial paper program under which the Company may issue unsecured commercial paper notes (the "Commercial Paper") on a private placement basis up to a maximum aggregate amount outstanding at any time of $500 million. The program is supported by a $500 million revolving line of credit (the "Revolver"). Outstanding Commercial Paper reduces the amount of borrowing capacity available under the Revolver and outstanding amounts under the Revolver reduce the Commercial Paper availability. As of June 30, 2015 and December 31, 2014, the Company had no outstanding Commercial Paper.

UNSECURED CREDIT AGREEMENT

The following table provides amounts utilized and available under the Revolver and each sublimit arrangement type as of June 30, 2015:



(in millions)	Amount Utilized		Balances Available
Revolver	$	—	$	499
Letters of credit	1		74
Swingline advances	—		50

As of June 30, 2015, the Company was in compliance with all financial covenant requirements relating to its unsecured credit agreement.

SHELF REGISTRATION STATEMENT

On February 7, 2013, the Company's Board of Directors (the "Board") authorized the Company to issue up to $1,500 million of securities from time to time. Subsequently, the Company filed a "well-known seasoned issuer" shelf registration statement with the Securities and Exchange Commission ("SEC"), effective May 23, 2013, which registered an indeterminable amount of securities for future sales. As of June 30, 2015, the Company had not issued any securities under this shelf registration statement.

LETTERS OF CREDIT FACILITIES

In addition to the portion of the Revolver reserved for issuance of letters of credit, the Company has incremental letters of credit facilities. Under these facilities, $140 million is available for the issuance of letters of credit, $61 million of which was utilized as of June 30, 2015 and $79 million of which remains available for use.

Derivatives

6 Months Ended

Jun. 30, 2015

Derivatives [Abstract]

Derivatives

DPS is exposed to market risks arising from adverse changes in:

•interest rates;

•foreign exchange rates; and


•	commodity prices affecting the cost of raw materials and fuels, which are recorded in cost of sales and selling, general and administrative ("SG&A") expenses, respectively.

The Company manages these risks through a variety of strategies, including the use of interest rate contracts, foreign exchange forward contracts, commodity forward and future contracts and supplier pricing agreements. DPS does not hold or issue derivative financial instruments for trading or speculative purposes.

The Company formally designates and accounts for certain interest rate contracts and foreign exchange forward contracts that meet established accounting criteria under U.S. GAAP as either fair value or cash flow hedges. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative instruments is recorded, net of applicable taxes, in Accumulated Other Comprehensive Loss ("AOCL"), a component of Stockholders' Equity in the unaudited Condensed Consolidated Balance Sheets. When net income is affected by the variability of the underlying transaction, the applicable offsetting amount of the gain or loss from the derivative instrument deferred in AOCL is reclassified to net income and is reported as a component of the unaudited Condensed Consolidated Statements of Income. For derivative instruments that are designated and qualify as fair value hedges, the effective change in the fair value of the instrument, as well as the offsetting gain or loss on the hedged item attributable to the hedged risk, are recognized immediately in current-period earnings. For derivatives that are not designated or are de-designated as a hedging instrument, the gain or loss on the instrument is recognized in earnings in the period of change.

Certain interest rate contracts qualify for the "shortcut" method of accounting for hedges under U.S. GAAP. Under the shortcut method, the hedges are assumed to be perfectly effective and no ineffectiveness is recorded in earnings. For all other designated hedges, the Company assesses whether the derivative instrument is effective in offsetting the changes in fair value or variability of cash flows at the inception of the derivative contract. DPS measures hedge ineffectiveness on a quarterly basis throughout the designated period. Changes in the fair value of the derivative instrument that do not effectively offset changes in the fair value of the underlying hedged item throughout the designated hedge period are recorded in earnings each period.

If a fair value or cash flow hedge were to cease to qualify for hedge accounting, or were terminated, the derivatives would continue to be carried on the balance sheet at fair value until settled and hedge accounting would be discontinued prospectively. If the underlying hedged transaction ceases to exist, any associated amounts reported in AOCL would be reclassified to earnings at that time.

INTEREST RATES

Cash Flow Hedges

During the fourth quarter of 2014, in order to hedge the variability in cash flows from interest rate changes associated with the Company's planned issuances of long-term debt, the Company entered into a forward starting swap agreement with an aggregate notional value of $125 million in order to fix the rate for a portion of a future 30 year unsecured debt issuance before the due date of the 2016 Notes. In January and March of 2015, the Company entered into three forward starting swap agreements to fix the rate for an additional portion of the expected future issuance with an aggregate notional value of $100 million. The forward starting swaps are expected to be unwound at the planned issuance of the debt.

The effective portion of changes in the fair value of the derivative that is designated as a cash flow hedge is being recorded in AOCL and will be subsequently reclassified into earnings during the period in which the hedged forecasted transaction affects earnings. Ineffectiveness, if any, related to the Company's changes in estimates about the debt issuance related to the forward starting swap would be recognized directly in earnings as a component of interest expense during the period incurred. During the three and six months ended June 30, 2015, the Company realized no ineffectiveness as a result of this hedging relationship.

Fair Value Hedges

The Company is exposed to the risk of changes in the fair value of certain fixed-rate debt attributable to changes in interest rates and manages these risks through the use of receive-fixed, pay-variable interest rate swaps.

HEDGE OF 2038 NOTES

In December 2010, the Company entered into an interest rate swap having a notional amount of $100 million and maturing in May 2038 in order to effectively convert a portion of the 2038 Notes from fixed-rate debt to floating-rate debt and designated it as a fair value hedge. The assessment of hedge effectiveness is made by comparing the cumulative change in the fair value of the hedged item attributable to changes in the benchmark interest rate with the cumulative changes in the fair value of the interest rate swap, with any ineffectiveness recorded in earnings as interest expense during the period incurred. In February 2015, the swap agreement was modified and transferred to another counterparty through a novation transaction. As a result, the Company de-designated the original hedging relationship. Under the original hedging relationship, the $25 million recorded as an increase to debt due to the changes in fair market value of the debt will be amortized into earnings over the remaining term of the 2038 Notes.

In February 2015, the Company then designated the new interest rate swap contract as a fair value hedge with a notional amount of $100 million and maturing in May 2038 in order to effectively convert a portion of the 2038 Notes from fixed-rate debt to floating-rate debt. The Company uses regression analysis to assess the prospective and retrospective effectiveness of the hedge relationships and any ineffectiveness is recognized in interest expense during the period incurred.

As of June 30, 2015 and December 31, 2014, the impact of these fair value hedges on the 2038 Notes increased the carrying value by $16 million and $23 million, respectively.

HEDGE OF 2019 AND 2021 NOTES

In November 2011, the Company entered into four interest rate swaps having an aggregate notional amount of $250 million and durations ranging from seven to ten years in order to convert fixed-rate, long-term debt to floating rate debt. These swaps were entered into upon the issuance of the 2019 and 2021 Notes, and were accounted for as fair value hedges and qualified for the shortcut method of accounting under U.S. GAAP. As of June 30, 2015, the fair value hedge had no impact on the carrying value of the 2019 and 2021 Notes. As of December 31, 2014, the impact of the fair value hedge on the 2019 and 2021 Notes decreased the carrying value by $1 million.

HEDGE OF 2020 NOTES

In November 2012, the Company entered into five interest rate swaps having an aggregate notional amount of $120 million and maturing in January 2020 in order to effectively convert fixed-rate, long-term debt to floating rate debt. These swaps were entered into upon the issuance of the 2020 Notes, and were accounted for as fair value hedges and qualified for the shortcut method of accounting under U.S. GAAP. As of June 30, 2015 and December 31, 2014, the impact of the fair value hedge on the 2020 Notes decreased the carrying value by $2 million and $4 million, respectively.

HEDGE OF 2022 NOTES

In December 2013, the Company entered into four interest rate swaps having an aggregate notional amount of $250 million and maturing in November 2022 in order to effectively convert all of the 2022 Notes from fixed-rate debt to floating-rate debt and designated them as fair value hedges. The assessment of hedge effectiveness is made by comparing the cumulative change in the fair value of the hedged item attributable to changes in the benchmark interest rate with the cumulative changes in the fair value of the interest rate swap, with any ineffectiveness recorded in earnings as interest expense during the period incurred. As of June 30, 2015 and December 31, 2014, the impact of the fair value hedges on the 2022 Notes increased the carrying value by $14 million and $16 million, respectively.

FOREIGN EXCHANGE

Cash Flow Hedges

The Company's Canadian business purchases its inventory through transactions denominated and settled in United States ("U.S.") dollars, a currency different from the functional currency of the Canadian business. These inventory purchases are subject to exposure from movements in exchange rates. During the three and six months ended June 30, 2015 and 2014, the Company utilized foreign exchange forward contracts designated as cash flow hedges to manage the exposures resulting from changes in these foreign currency exchange rates. The intent of these foreign exchange contracts is to provide predictability in the Company's overall cost structure. These foreign exchange contracts, carried at fair value, have maturities between one and six months as of June 30, 2015. The Company had outstanding foreign exchange forward contracts with notional amounts of $16 million and $10 million as of June 30, 2015 and December 31, 2014, respectively.

COMMODITIES

Economic Hedges

DPS centrally manages the exposure to volatility in the prices of certain commodities used in its production process and transportation through forward and future contracts. The intent of these contracts is to provide a certain level of predictability in the Company's overall cost structure. During the three and six months ended June 30, 2015 and 2014, the Company held forward and future contracts that economically hedged certain of its risks. In these cases, a natural hedging relationship exists in which changes in the fair value of the instruments act as an economic offset to changes in the fair value of the underlying items. Changes in the fair value of these instruments are recorded in net income throughout the term of the derivative instrument and are reported in the same line item of the unaudited Condensed Consolidated Statements of Income as the hedged transaction. Unrealized gains and losses are recognized as a component of unallocated corporate costs until the Company's operating segments are affected by the completion of the underlying transaction, at which time the gain or loss is reflected as a component of the respective segment's operating profit ("SOP"). The total notional values of derivatives related to economic hedges of this type were $175 million and $160 million as of June 30, 2015 and December 31, 2014, respectively.

FAIR VALUE OF DERIVATIVE INSTRUMENTS

The following table summarizes the location of the fair value of the Company's derivative instruments within the unaudited Condensed Consolidated Balance Sheets:



(in millions)	Balance Sheet Location	June 30, 2015		December 31, 2014
Assets:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Prepaid expenses and other current assets	$	23	$	11
Foreign exchange forward contracts	Prepaid expenses and other current assets	1		—
Interest rate contracts	Other non-current assets	23		29
Total assets		$	47	$	40
Liabilities:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Other current liabilities	$	—	$	—
Interest rate contracts	Other non-current liabilities	5		9
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Other current liabilities	18		18
Commodity contracts	Other non-current liabilities	4		8
Total liabilities		$	27	$	35

IMPACT OF CASH FLOW HEDGES

The following table presents the impact of derivative instruments designated as cash flow hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income and Comprehensive Income:



	Amount of Gain (Loss) Recognized in			Amount of Gain (Loss) Reclassified from AOCL into Income			Location of Gain (Loss) Reclassified from AOCL into Income
(in millions)	Other Comprehensive Income (Loss) ("OCI")			Amount of Gain (Loss) Reclassified from AOCL into Income			Location of Gain (Loss) Reclassified from AOCL into Income
For the three months ended June 30, 2015:
Interest rate contracts	$	26		$	(2	)	Interest expense
Foreign exchange forward contracts	—			—			Cost of sales
Total	$	26		$	(2	)

For the six months ended June 30, 2015:
Interest rate contracts	$	15		$	(4	)	Interest expense
Foreign exchange forward contracts	—			—			Cost of sales
Total	$	15		$	(4	)

For the three months ended June 30, 2014:
Interest rate contracts	$	—		$	(2	)	Interest expense
Foreign exchange forward contracts	(2		)	—			Cost of sales
Total	$	(2	)	$	(2	)

For the six months ended June 30, 2014:
Interest rate contracts	$	—		$	(4	)	Interest expense
Foreign exchange forward contracts	(1		)	1			Cost of sales
Total	$	(1	)	$	(3	)

There was no hedge ineffectiveness recognized in earnings for the three and six months ended June 30, 2015 and 2014 with respect to derivative instruments designated as cash flow hedges. During the next 12 months, the Company expects to reclassify pre-tax net losses of $7 million from AOCL into net income.

IMPACT OF FAIR VALUE HEDGES

The following table presents the impact of derivative instruments designated as fair value hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income:



	Amount of Gain		Location of Gain
(in millions)	Recognized in Income		Recognized in Income
For the three months ended June 30, 2015:
Interest rate contracts⁽¹⁾	$	5	Interest expense
Total	$	5

For the six months ended June 30, 2015:
Interest rate contracts⁽¹⁾	$	9	Interest expense
Total	$	9

For the three months ended June 30, 2014:
Interest rate contracts	$	4	Interest expense
Total	$	4

For the six months ended June 30, 2014:
Interest rate contracts	$	8	Interest expense
Total	$	8

____________________________

(1) Interest expense for the three and six months ended June 30, 2015 includes amortization of the forward starting swap associated with the 2038 Notes, which was de-designated in February 2015, and basis adjustments related to the 2038 and 2022 Notes.

For the three months ended June 30, 2015, a $1 million expense due to hedge ineffectiveness was recognized in earnings with respect to derivative instruments designated as fair value hedges. There was no hedge ineffectiveness recognized in earnings for the six months ended June 30, 2015. There was no hedge ineffectiveness recognized in earnings for the three months ended June 30, 2014. For the six months ended June 30, 2014, a $1 million benefit due to hedge ineffectiveness was recognized in earnings with respect to derivative instruments designated as fair value hedges.

IMPACT OF ECONOMIC HEDGES

The following table presents the impact of derivative instruments not designated as hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income:



	Amount of Gain (Loss)			Location of Gain (Loss)
(in millions)	Recognized in Income			Recognized in Income
For the three months ended June 30, 2015:
Commodity contracts⁽¹⁾	$	(1	)	Cost of sales
Commodity contracts⁽¹⁾	(11		)	SG&A expenses
Total	$	(12	)

For the six months ended June 30, 2015:
Commodity contracts⁽¹⁾	$	—		Cost of sales
Commodity contracts⁽¹⁾	(17		)	SG&A expenses
Total	$	(17	)

For the three months ended June 30, 2014:
Commodity contracts⁽¹⁾	$	(2	)	Cost of sales
Commodity contracts⁽¹⁾	2			SG&A expenses
Total	$	—

For the six months ended June 30, 2014:
Commodity contracts⁽¹⁾	$	9		Cost of sales
Commodity contracts⁽¹⁾	2			SG&A expenses
Total	$	11

____________________________


(1)	Commodity contracts include both realized and unrealized gains and losses.

Refer to Note 10 for additional information on the valuation of derivative instruments. The Company has exposure to credit losses from derivative instruments in an asset position in the event of nonperformance by the counterparties to the agreements. Historically, DPS has not experienced credit losses as a result of counterparty nonperformance. The Company selects and periodically reviews counterparties based on credit ratings, limits its exposure to a single counterparty under defined guidelines and monitors the market position of the programs upon execution of a hedging transaction and at least on a quarterly basis.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
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-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Other Non-Current Assets and Other Non-Current Liabilities

6 Months Ended

Jun. 30, 2015

Other Non-Current Assets and Other Non-Current Liabilities [Abstract]

Other Non-Current Assets and Other Non-Current Liabilities

The table below details the components of other non-current assets and other non-current liabilities:



	June 30,		December 31,
(in millions)	2015		2014
Other non-current assets:
Deferred financing costs, net	$	8	$	9
Customer incentive programs	55		55
Marketable securities - trading	26		25
Derivative instruments	23		29
Cost method investments⁽¹⁾	15		—
Other	38		41
Total other non-current assets	$	165	$	159
Other non-current liabilities:
Long-term payables due to Mondelēz International, Inc.	$	34	$	37
Long-term pension and post-retirement liability	43		44
Multi-employer pension plan withdrawal liability	57		57
Insurance liability	90		90
Derivative instruments	9		17
Deferred compensation liability	26		25
Other	39		32
Total other non-current liabilities	$	298	$	302

____________________________

(1)

During the quarter ended March 31, 2015, the Company acquired a minor interest in an allied brand for $15 million. This investment is accounted for as a cost-method investment, as the Company owns a minor interest and does not have the ability to exercise significant influence over operating and financial policies of the entity. This cost method investment does not have a readily determinable fair value as the entity is not publicly traded.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rates for the three months ended June 30, 2015 and 2014 were 35.5% and 35.1%, respectively. The effective tax rates for the six months ended June 30, 2015 and 2014 were 35.6% and 34.8%, respectively. The prior year provision for income taxes included an income tax benefit of $2 million from revaluing our U.S. deferred liabilities due to the favorable impact of a New York State law change.

Employee Benefit Plans

6 Months Ended

Jun. 30, 2015

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Employee Benefit Plans

The following table sets forth the components of net periodic benefit costs for the Company's pension plans:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	2015			2014			2015			2014
Service cost	$	—		$	—		$	1		$	1
Interest cost	3			4			5			7
Expected return on assets	(3		)	(3		)	(5		)	(7		)
Recognition of actuarial loss	1			—			2			1
Net periodic benefit costs	$	1		$	1		$	3		$	2

The Company contributed $1 million to its pension plans during the three and six months ended June 30, 2015. There were no contributions made to its pension plans during the three months ended June 30, 2014. The Company contributed $1 million to its pension plans during the six months ended June 30, 2014.

Fair Value

6 Months Ended

Jun. 30, 2015

Fair Value [Abstract]

Fair Value of Financial Instruments

Fair Value

Under U.S. GAAP, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP provides a framework for measuring fair value and establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. The three-level hierarchy for disclosure of fair value measurements is as follows:

Level 1 - Quoted market prices in active markets for identical assets or liabilities.

Level 2 - Observable inputs such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets.

Level 3 - Valuations with one or more unobservable significant inputs that reflect the reporting entity's own assumptions.

RECURRING FAIR VALUE MEASUREMENTS

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis:



	Fair Value Measurements at June 30, 2015
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
(in millions)	Level 1		Level 2		Level 3
Interest rate contracts	$	—	$	46	$	—
Foreign exchange forward contracts	—		1		—
Marketable securities - trading	26		—		—
Total assets	$	26	$	47	$	—

Commodity contracts	$	—	$	22	$	—
Interest rate contracts	—		5		—
Total liabilities	$	—	$	27	$	—



	Fair Value Measurements at December 31, 2014
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
(in millions)	Level 1		Level 2		Level 3
Interest rate contracts	$	—	$	40	$	—
Marketable securities - trading	25		—		—
Total assets	$	25	$	40	$	—

Commodity contracts	$	—	$	26	$	—
Interest rate contracts	—		9		—
Total liabilities	$	—	$	35	$	—

The fair values of marketable securities are determined using quoted market prices from daily exchange traded markets based on the closing price as of the balance sheet date and are classified as Level 1. The fair values of commodity forward and future contracts, interest rate swap contracts and foreign currency forward contracts are determined based on inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. The fair value of commodity forward and future contracts are valued using the market approach based on observable market transactions, primarily underlying commodities futures or physical index prices, at the balance sheet date. Interest rate swap contracts are valued using models based primarily on readily observable market parameters, such as London Interbank Offered Rate forward rates, for all substantial terms of the Company's contracts and credit risk of the counterparties. The fair value of foreign currency forward contracts are valued using quoted forward foreign exchange prices at the reporting date. Therefore, the Company has categorized these contracts as Level 2.

As of June 30, 2015 and December 31, 2014, the Company did not have any assets or liabilities measured on a recurring basis without observable market values that would require a high level of judgment to determine fair value (Level 3).

There were no transfers of financial instruments between the three levels of fair value hierarchy during the three and six months ended June 30, 2015 and 2014.

ESTIMATED FAIR VALUE OF LONG-TERM OBLIGATIONS

The estimated fair values of long-term obligations are as follows:



	June 30, 2015				December 31, 2014
(in millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt – 2016 Notes	$	500	$	506	$	500	$	510
Long-term debt – 2018 Notes	724		822		724		835
Long-term debt – 2019 Notes⁽¹⁾	250		252		250		253
Long-term debt – 2020 Notes⁽¹⁾	246		245		245		244
Long-term debt – 2021 Notes⁽¹⁾	249		255		249		255
Long-term debt – 2022 Notes⁽¹⁾	264		238		265		244
Long-term debt – 2038 Notes⁽¹⁾	266		342		272		363
	$	2,499	$	2,660	$	2,505	$	2,704

____________________________


(1)	The carrying amount includes the unamortized discounts on the issuance of debt and adjustments related to the change in the fair value of interest rate swaps designated as fair value hedges on the 2019, 2020, 2021, 2022 and 2038 Notes. Refer to Note 6 for additional information regarding derivatives.

Capital lease obligations have been excluded from the calculation of fair value for both 2015 and 2014.

The fair value amounts of long term debt as of June 30, 2015 and December 31, 2014 were based on current market rates available to the Company (Level 2 inputs). The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all debt at such date.

FAIR VALUE OF OTHER FINANCIAL INSTRUMENTS

The fair value amounts for cash and cash equivalents, accounts receivable, net, commercial paper, accounts payable and other current liabilities approximate carrying amounts due to the short maturities of these instruments.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Stock Based Compensation

6 Months Ended

Jun. 30, 2015

Share-based Compensation [Abstract]

Stock-Based Compensation

The Company's Omnibus Stock Incentive Plan of 2009 ( "DPS Stock Plan") provides for various long-term incentive awards, including stock options, restricted stock units ("RSUs") and performance share units ("PSUs").

Stock-based compensation expense is recorded in SG&A expenses in the unaudited Condensed Consolidated Statements of Income. The components of stock-based compensation expense are presented below:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	2015			2014			2015			2014
Total stock-based compensation expense	$	12		$	11		$	21		$	22
Income tax benefit recognized in the statement of income	(4		)	(4		)	(7		)	(8		)
Stock-based compensation expense, net of tax	$	8		$	7		$	14		$	14

STOCK OPTIONS

The table below summarizes stock option activity for the six months ended June 30, 2015:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	1,529,235		$	45.27	8.20	$	40
Granted	427,698		79.20
Exercised	(520,249	)	42.61			19
Forfeited or expired	(11,313	)	59.63
Outstanding as of June 30, 2015	1,425,371		56.31		8.45	26
Exercisable as of June 30, 2015	392,228		42.33		7.24	12

As of June 30, 2015, there was $6 million of unrecognized compensation cost related to unvested stock options granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.29 years.

RESTRICTED STOCK UNITS

The table below summarizes RSU activity for the six months ended June 30, 2015. The fair value of RSUs is determined based on the number of units granted and the grant date price of the Company's common stock.



	RSUs		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	1,925,934		$	43.85	1.08	$	138
Granted	380,349		79.18
Vested and released	(749,421	)	37.84			59
Forfeited	(25,062	)	55.86
Outstanding as of June 30, 2015	1,531,800		55.37		1.53	112

As of June 30, 2015, there was $49 million of unrecognized compensation cost related to unvested RSUs granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.50 years.

During the six months ended June 30, 2015, 749,421 shares subject to previously granted RSUs vested. A majority of these vested RSUs were net share settled. The Company withheld 237,032 shares based upon the Company's closing stock price on the vesting date to settle the employees' minimum statutory obligation for applicable income and other employment taxes. Subsequently, the Company remitted the required funds to the appropriate taxing authorities.

Total payments for the employees' tax obligations to the relevant taxing authorities were $22 million and $14 million for the six months ended June 30, 2015 and 2014, respectively, and are reflected as a financing activity within the unaudited Condensed Consolidated Statements of Cash Flows. These payments were used for tax withholdings related to the net share settlements of RSUs and dividend equivalent units ("DEUs"). These payments had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued on the vesting date and were recorded as a reduction of additional paid-in capital.

PERFORMANCE SHARE UNITS

The table below summarizes PSU activity for the six months ended June 30, 2015. The fair value of PSUs is determined based on the number of units granted and the grant date price of the Company's common stock.



	PSUs		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	444,281		$	44.97	1.07	$	32
Granted	188,439		66.14
Vested and released	(188,675	)	37.80			15
Forfeited	(2,536	)	60.92
Outstanding as of June 30, 2015	441,509		56.97		1.38	32

As of June 30, 2015, there was $19 million of unrecognized compensation cost related to unvested PSUs granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.37 years.

During the six months ended June 30, 2015, 188,675 shares subject to previously granted PSUs vested. A majority of these vested PSUs were net share settled. The Company withheld 62,208 shares based upon the Company's closing stock price on the vesting date to settle the employees' minimum statutory obligation for the applicable income and other employment taxes. Subsequently, the Company remitted the required funds to the appropriate taxing authorities.

Total payments for the employees' tax obligations to the relevant taxing authorities were $5 million and $2 million for the six months ended June 30, 2015 and 2014, respectively, and are reflected as a financing activity within the unaudited Condensed Consolidated Statements of Cash Flows. These payments were used for tax withholdings related to the net share settlements of PSUs and DEUs. These payments had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued on the vesting date and were recorded as a reduction of additional paid-in capital.

Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the assumed conversion of all dilutive securities. The following table presents the basic and diluted EPS and the Company's basic and diluted shares outstanding:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in millions, except per share data)	2015		2014		2015		2014
Basic EPS:
Net income	$	220	$	210	$	377	$	365
Weighted average common shares outstanding	191.4		196.6		192.2		197.3
Earnings per common share — basic	$	1.15	$	1.07	$	1.96	$	1.85
Diluted EPS:
Net income	$	220	$	210	$	377	$	365
Weighted average common shares outstanding	191.4		196.6		192.2		197.3
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units	1.0		1.2		1.3		1.3
Weighted average common shares outstanding and common stock equivalents	192.4		197.8		193.5		198.6
Earnings per common share — diluted	$	1.14	$	1.06	$	1.95	$	1.84

Stock options, RSUs, PSUs and DEUs totaling 0.4 million and 0.3 million shares were excluded from the diluted weighted average shares outstanding for each of the three and six months ended June 30, 2015, respectively, as they were not dilutive. Stock options, RSUs, PSUs and DEUs totaling 0.4 million and 0.6 million shares were excluded from the diluted weighted average shares outstanding for the three and six months ended June 30, 2014, respectively, as they were not dilutive.

Under the terms of our RSU and PSU agreements, unvested RSU and PSU awards contain forfeitable rights to dividends and DEUs. Because the DEUs are forfeitable, they are defined as non-participating securities. As of June 30, 2015, there were 78,412 DEUs, which will vest at the time that the underlying RSU or PSU vests.

Through 2011, the Board authorized a total aggregate share repurchase plan of $3 billion. In February 2015, the Board authorized an additional $1 billion of share repurchases. The Company repurchased and retired 1.5 million shares of common stock valued at approximately $116 million and 3.2 million shares of common stock valued at approximately $251 million for the three and six months ended June 30, 2015, respectively. The Company repurchased and retired 2.7 million shares of common stock valued at approximately $146 million and 3.9 million shares of common stock valued at approximately $206 million for the three and six months ended June 30, 2014, respectively. These amounts were recorded as a reduction of equity, primarily additional paid-in capital in the unaudited Condensed Consolidated Statement of Equity. As of June 30, 2015, $921 million remains available for share repurchases under the Board's authorization.

Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

The following tables provide a summary of changes in the balances of each component of AOCL, net of taxes:



(in millions)	Foreign Currency Translation			Change in Pension Liability			Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of April 1, 2015	$	(82	)	$	(39	)	$	(41	)	$	(162	)
OCI before reclassifications	(5		)	1			15			11
Amounts reclassified from AOCL	—			—			2			2
Net current year OCI	(5		)	1			17			13
Balance as of June 30, 2015	$	(87	)	$	(38	)	$	(24	)	$	(149	)



(in millions)	Foreign Currency Translation			Change in Pension Liability			Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of January 1, 2014	$	(17	)	$	(33	)	$	(38	)	$	(88	)
OCI before reclassifications	(44		)	(19		)	(2		)	(65		)
Amounts reclassified from AOCL	—			12			4			16
Net current year OCI	(44		)	(7		)	2			(49		)
Balance as of December 31, 2014	(61		)	(40		)	(36		)	(137		)
OCI before reclassifications	(26		)	1			9			(16		)
Amounts reclassified from AOCL	—			1			3			4
Net current year OCI	(26		)	2			12			(12		)
Balance as of June 30, 2015	$	(87	)	$	(38	)	$	(24	)	$	(149	)

The following table presents the amount of loss reclassified from AOCL into the unaudited Condensed Consolidated Statements of Income:



		For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	Location of (Gain) Loss Reclassified from AOCL into Income	2015			2014			2015			2014
Loss on cash flow hedges:
Interest rate contracts	Interest expense	$	(2	)	$	(2	)	$	(4	)	$	(4	)
Foreign exchange forward contracts	Cost of sales	—			—			—			1
Total		(2		)	(2		)	(4		)	(3		)
Income tax expense		—			—			(1		)	(1		)
Total		$	(2	)	$	(2	)	$	(3	)	$	(2	)

Defined benefit pension and postretirement plan items:
Amortization of prior service costs	SG&A expenses	$	—		$	—		$	—		$	—
Amortization of actuarial losses, net	SG&A expenses	(1		)	—			(2		)	(1		)
Settlement loss	SG&A expenses	—			—			—			—
Total		(1		)	—			(2		)	(1		)
Income tax expense		(1		)	—			(1		)	—
Total		$	—		$	—		$	(1	)	$	(1	)
Total reclassifications		$	(2	)	$	(2	)	$	(4	)	$	(3	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Supplemental Cash Flow Information

6 Months Ended

Jun. 30, 2015

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

The following table details supplemental cash flow disclosures of non-cash investing and financing activities:



	For the Six Months Ended June 30,
(in millions)	2015		2014
Supplemental cash flow disclosures of non-cash investing and financing activities:
Dividends declared but not yet paid	$	92	$	81
Capital expenditures included in accounts payable and other current liabilities	11		11
Capital lease additions	19		—
Supplemental cash flow disclosures:
Interest paid	$	47	$	48
Income taxes paid	119		146

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies LEGAL MATTERS The Company is occasionally subject to litigation or other legal proceedings. The Company does not believe that the outcome of these, or any other, pending legal matters, individually or collectively, will have a material adverse effect on the results of operations, financial condition or liquidity of the Company. ENVIRONMENTAL, HEALTH AND SAFETY MATTERS The Company operates many manufacturing, bottling and distribution facilities. In these and other aspects of the Company's business, it is subject to a variety of federal, state and local environmental, health and safety laws and regulations. The Company maintains environmental, health and safety policies and a quality, environmental, health and safety program designed to ensure compliance with applicable laws and regulations. However, the nature of the Company's business exposes it to the risk of claims with respect to environmental, health and safety matters, and there can be no assurance that material costs or liabilities will not be incurred in connection with such claims. The federal Comprehensive Environmental Response, Compensation and Liability Act of 1980, also known as the Superfund law, as well as similar state laws, generally impose joint and several liability for cleanup and enforcement costs on current and former owners and operators of a site without regard to fault or the legality of the original conduct. In October 2008, DPS was notified by the Environmental Protection Agency that it is a potentially responsible party for study and cleanup costs at a Superfund site in New Jersey. Investigation and remediation costs are yet to be determined, therefore no reasonable estimate exists on which to base a loss accrual. Through June 30, 2015, the Company has paid approximately $750,000 since the notification for DPS' allocation of costs related to the study for this site.

Segments

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segments

As of June 30, 2015 and December 31, 2014 and for the three and six months ended June 30, 2015 and 2014, the Company's operating structure consisted of the following three operating segments:


•	The Beverage Concentrates segment reflects sales of the Company's branded concentrates and syrup to third party bottlers primarily in the U.S. and Canada. Most of the brands in this segment are carbonated soft drink brands.


•	The Packaged Beverages segment reflects sales in the U.S. and Canada from the manufacture and distribution of finished beverages and other products, including sales of the Company's own brands and third party brands, through both DSD and WD.


•	The Latin America Beverages segment reflects sales in the Mexico, Caribbean, and other international markets from the manufacture and distribution of concentrates, syrup and finished beverages.

Segment results are based on management reports. Net sales and SOP are the significant financial measures used to assess the operating performance of the Company's operating segments.

Information about the Company's operations by operating segment is as follows:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Segment Results – Net sales
Beverage Concentrates	$	330	$	327	$	615	$	608
Packaged Beverages	1,188		1,154		2,241		2,160
Latin America Beverages	137		150		250		261
Net sales	$	1,655	$	1,631	$	3,106	$	3,029



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
(in millions)	2015		2014			2015		2014
Segment Results – SOP
Beverage Concentrates	$	222	$	214		$	405	$	388
Packaged Beverages	190		177			331		308
Latin America Beverages	27		24			44		37
Total SOP	439		415			780		733
Unallocated corporate costs	70		70			141		127
Other operating income, net	—		(3		)	—		(2		)
Income from operations	369		348			639		608
Interest expense, net	27		27			54		52
Other expense (income), net	1		(1		)	—		(2		)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	$	341	$	322		$	585	$	558

The Company presents segment information in accordance with U.S. GAAP, which establishes reporting and disclosure standards for an enterprise's operating segments. Operating segments are defined as components of an enterprise that are businesses, for which separate financial information is available and for which the financial information is regularly reviewed by the Company's leadership team.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-Name Accounting Standards Codification
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+ Details

Guarantor and Non-Guarantor Financial Information

6 Months Ended

Jun. 30, 2015

Guarantor and Non-Guarantor Financial Information [Abstract]

Guarantor and Non-Guarantor Financial Information

The Company's 2016, 2018, 2019, 2020, 2021, 2022 and 2038 Notes (collectively, the "Notes") are fully and unconditionally guaranteed by substantially all of the Company's existing and future direct and indirect domestic subsidiaries (except two immaterial subsidiaries associated with charitable purposes) (the "Guarantors"), as defined in the indentures governing the Notes. The Guarantors are 100% owned either directly or indirectly by the Company and jointly and severally guarantee, subject to the release provisions described below, the Company's obligations under the Notes. None of the Company's subsidiaries organized outside of the U.S. or immaterial subsidiaries used for charitable purposes (collectively, the "Non-Guarantors") guarantee the Notes. The subsidiary guarantees with respect to the Notes are subject to release upon the occurrence of certain events, including the sale of all or substantially all of a subsidiary's assets, the release of the subsidiary's guarantee of other indebtedness of the Company, the Company's exercise of its legal defeasance option with respect to the Notes and the discharge of the Company's obligations under the applicable indenture.

The following schedules present the financial information for Dr Pepper Snapple Group, Inc. (the "Parent"), Guarantors and Non-Guarantors. The consolidating schedules are provided in accordance with the reporting requirements of Rule 3-10 under SEC Regulation S-X for guarantor subsidiaries.



	Condensed Consolidating Statements of Income
	For the Three Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	1,480		$	181		$	(6	)	$	1,655
Cost of sales	—			595			85			(6		)	674
Gross profit	—			885			96			—			981
Selling, general and administrative expenses	—			529			57			—			586
Depreciation and amortization	—			25			1			—			26
Other operating (income) expense, net	—			—			—			—			—
Income from operations	—			331			38			—			369
Interest expense	26			13			—			(11		)	28
Interest income	(10		)	—			(2		)	11			(1		)
Other expense (income), net	—			(1		)	2			—			1
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	(16		)	319			38			—			341
(Benefit) provision for income taxes	(6		)	117			10			—			121
Income (loss) before equity in earnings of subsidiaries	(10		)	202			28			—			220
Equity in earnings of consolidated subsidiaries	230			28			—			(258		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			—			—			—
Net income	$	220		$	230		$	28		$	(258	)	$	220



	Condensed Consolidating Statements of Income
	For the Three Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	1,443		$	196		$	(8	)	$	1,631
Cost of sales	—			578			95			(8		)	665
Gross profit	—			865			101			—			966
Selling, general and administrative expenses	1			529			62			—			592
Depreciation and amortization	—			27			2			—			29
Other operating (income) expense, net	—			(3		)	—			—			(3		)
Income from operations	(1		)	312			37			—			348
Interest expense	26			12			—			(11		)	27
Interest income	(9		)	—			(2		)	11			—
Other expense (income), net	(2		)	(1		)	2			—			(1		)
Income (loss) before (benefit) provision for income taxes and equity in earnings of subsidiaries	(16		)	301			37			—			322
(Benefit) provision for income taxes	(7		)	110			10			—			113
Income (loss) before equity in earnings of subsidiaries	(9		)	191			27			—			209
Equity in earnings of consolidated subsidiaries	219			28			—			(247		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	210		$	219		$	28		$	(247	)	$	210



	Condensed Consolidating Statements of Income
	For the Six Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	2,801		$	319		$	(14	)	$	3,106
Cost of sales	—			1,134			156			(14		)	1,276
Gross profit	—			1,667			163			—			1,830
Selling, general and administrative expenses	1			1,031			106			—			1,138
Depreciation and amortization	—			50			3			—			53
Other operating income, net	—			—			—			—			—
Income from operations	(1		)	586			54			—			639
Interest expense	51			27			—			(23		)	55
Interest income	(20		)	—			(4		)	23			(1		)
Other (income) expense, net	(2		)	(3		)	5			—			—
Income before provision for income taxes and equity in earnings of subsidiaries	(30		)	562			53			—			585
Provision for income taxes	(11		)	205			14			—			208
Income (loss) before equity in earnings of subsidiaries	(19		)	357			39			—			377
Equity in earnings of consolidated subsidiaries	396			39			—			(435		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			—			—			—
Net income	$	377		$	396		$	39		$	(435	)	$	377



	Condensed Consolidating Statements of Income
	For the Six Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	2,715		$	330		$	(16	)	$	3,029
Cost of sales	—			1,072			163			(16		)	1,219
Gross profit	—			1,643			167			—			1,810
Selling, general and administrative expenses	1			1,031			114			—			1,146
Depreciation and amortization	—			54			4			—			58
Other operating income, net	—			(2		)	—			—			(2		)
Income from operations	(1		)	560			49			—			608
Interest expense	51			24			—			(22		)	53
Interest income	(19		)	—			(4		)	22			(1		)
Other expense (income), net	(2		)	(3		)	3			—			(2		)
Income (loss) before (benefit) provision for income taxes and equity in earnings of subsidiaries	(31		)	539			50			—			558
(Benefit) provision for income taxes	(12		)	194			12			—			194
Income (loss) before equity in earnings of subsidiaries	(19		)	345			38			—			364
Equity in earnings of consolidated subsidiaries	384			39			—			(423		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	365		$	384		$	39		$	(423	)	$	365



	Condensed Consolidating Statements of Comprehensive Income
	For the Three Months Ended June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	233	$	226	$	26	$	(252	)	$	233



	Condensed Consolidating Statements of Comprehensive Income
	For the Three Months Ended June 30, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	216	$	226	$	40	$	(266	)	$	216



	Condensed Consolidating Statements of Comprehensive Income
	For the Six Months Ended June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors			Eliminations			Total
Comprehensive income (loss)	$	365	$	369	$	(2	)	$	(367	)	$	365



	Condensed Consolidating Statements of Comprehensive Income
	For the Six Months Ended June 30, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	368	$	385	$	38	$	(423	)	$	368



	Condensed Consolidating Balance Sheets
	As of June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	82	$	45	$	—		$	127
Accounts receivable:
Trade, net	—		553		77		—			630
Other	4		45		14		—			63
Related party receivable	10		10		—		(20		)	—
Inventories	—		181		36		—			217
Deferred tax assets	—		66		3		(6		)	63
Prepaid expenses and other current assets	241		127		9		(218		)	159
Total current assets	255		1,064		184		(244		)	1,259
Property, plant and equipment, net	—		999		96		—			1,095
Investments in consolidated subsidiaries	6,601		610		—		(7,211		)	—
Investments in unconsolidated subsidiaries	—		—		13		—			13
Goodwill	—		2,971		18		—			2,989
Other intangible assets, net	—		2,614		65		—			2,679
Long-term receivable, related parties	3,138		5,116		294		(8,548		)	—
Other non-current assets	56		105		4		—			165
Non-current deferred tax assets	20		—		67		(20		)	67
Total assets	$	10,070	$	13,479	$	741	$	(16,023	)	$	8,267

Current liabilities:
Accounts payable	$	—	$	280	$	25	$	—		$	305
Related party payable	—		10		10		(20		)	—
Deferred revenue	—		62		2		—			64
Short-term borrowings and current portion of long-term obligations	500		5		—		—			505
Income taxes payable	—		272		4		(218		)	58
Other current liabilities	129		459		49		(6		)	631
Total current liabilities	629		1,088		90		(244		)	1,563
Long-term obligations to third parties	1,999		98		—		—			2,097
Long-term obligations to related parties	5,116		3,432		—		(8,548		)	—
Non-current deferred tax liabilities	—		851		—		(20		)	831
Non-current deferred revenue	—		1,185		31		—			1,216
Other non-current liabilities	64		224		10		—			298
Total liabilities	7,808		6,878		131		(8,812		)	6,005
Total stockholders' equity	2,262		6,601		610		(7,211		)	2,262
Total liabilities and stockholders' equity	$	10,070	$	13,479	$	741	$	(16,023	)	$	8,267



	Condensed Consolidating Balance Sheets
	As of December 31, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	186	$	51	$	—		$	237
Accounts receivable:
Trade, net	—		494		62		—			556
Other	3		42		16		—			61
Related party receivable	10		10		—		(20		)	—
Inventories	—		168		36		—			204
Deferred tax assets	—		65		3		(1		)	67
Prepaid and other current assets	218		67		9		(208		)	86
Total current assets	231		1,032		177		(229		)	1,211
Property, plant and equipment, net	—		1,039		102		—			1,141
Investments in consolidated subsidiaries	6,194		612		—		(6,806		)	—
Investments in unconsolidated subsidiaries	1		—		13		—			14
Goodwill	—		2,971		19		—			2,990
Other intangible assets, net	—		2,615		69		—			2,684
Long-term receivable, related parties	3,118		4,647		295		(8,060		)	—
Other non-current assets	63		90		6		—			159
Non-current deferred tax assets	23		—		74		(23		)	74
Total assets	$	9,630	$	13,006	$	755	$	(15,118	)	$	8,273

Current liabilities:
Accounts payable	$	—	$	258	$	31	$	—		$	289
Related party payable	—		10		10		(20		)	—
Deferred revenue	—		62		2		—			64
Short-term borrowings and current portion of long-term obligations	—		3		—		—			3
Income taxes payable	—		212		6		(208		)	10
Other current liabilities	112		512		49		(1		)	672
Total current liabilities	112		1,057		98		(229		)	1,038
Long-term obligations to third parties	2,505		83		—		—			2,588
Long-term obligations to related parties	4,647		3,413		—		(8,060		)	—
Non-current deferred tax liabilities	—		824		—		(23		)	801
Non-current deferred revenue	—		1,216		34		—			1,250
Other non-current liabilities	72		219		11		—			302
Total liabilities	7,336		6,812		143		(8,312		)	5,979
Total stockholders' equity	2,294		6,194		612		(6,806		)	2,294
Total liabilities and stockholders' equity	$	9,630	$	13,006	$	755	$	(15,118	)	$	8,273



	Condensed Consolidating Statements of Cash Flows
	For the Six Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(40	)	$	365		$	24		$	—		$	349
Investing activities:
Purchase of property, plant and equipment	—			(35		)	(7		)	—			(42		)
Purchase of cost method investment	—			(15		)	—			—			(15		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Proceeds from disposals of property, plant and equipment	—			11			—			—			11
Issuance of related party notes receivable	—			(468		)	(20		)	488			—
Net cash (used in) provided by investing activities	—			(508		)	(27		)	488			(47		)
Financing activities:
Proceeds from issuance of related party debt	468			20			—			(488		)	—
Repurchase of shares of common stock	(251		)	—			—			—			(251		)
Dividends paid	(172		)	—			—			—			(172		)
Tax withholdings related to net share settlements of certain stock awards	(27		)	—			—			—			(27		)
Proceeds from stock options exercised	22			—			—			—			22
Excess tax benefit on stock-based compensation	—			20			—			—			20
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	40			39			—			(488		)	(409		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(104		)	(3		)	—			(107		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(3		)	—			(3		)
Cash and cash equivalents at beginning of period	—			186			51			—			237
Cash and cash equivalents at end of period	$	—		$	82		$	45		$	—		$	127



	Condensed Consolidating Statements of Cash Flows
	For the Six Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(56	)	$	445		$	49		$	—		$	438
Investing activities:
Purchase of property, plant and equipment	—			(63		)	(8		)	—			(71		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Return of capital	—			2			(2		)	—			—
Proceeds from disposals of property, plant and equipment	—			7			—			—			7
Issuance of related party notes receivable	—			(460		)	(37		)	497			—
Repayment of related party notes receivable	—			5			—			(5		)	—
Other, net	(3		)	—			—			—			(3		)
Net cash (used in) provided by investing activities	(3		)	(510		)	(47		)	492			(68		)
Financing activities:
Proceeds from issuance of related party debt	460			37			—			(497		)	—
Repayment of related party debt	(5		)	—			—			5			—
Net issuance of commercial paper	5			—			—			—			5
Repurchase of shares of common stock	(206		)	—			—			—			(206		)
Cash paid for shares not yet received	(50		)	—			—			—			(50		)
Dividends paid	(157		)	—			—			—			(157		)
Tax withholdings related to net share settlements of certain stock awards	(16		)	—			—			—			(16		)
Proceeds from stock options exercised	28			—			—			—			28
Excess tax benefit on stock-based compensation	—			8			—			—			8
Net cash (used in) provided by financing activities	59			45			—			(492		)	(388		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(20		)	2			—			(18		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			—			—
Cash and cash equivalents at beginning of period	—			88			65			—			153
Cash and cash equivalents at end of period	$	—		$	68		$	67		$	—		$	135

General (Policies)	6 Months Ended
General (Policies)	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from these estimates. These unaudited condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and the notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2014.
Consolidation, Policy [Policy Text Block]	PRINCIPLES OF CONSOLIDATION DPS consolidates all wholly-owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes DPS' proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. The Company is also required to consolidate entities that are variable interest entities (“VIEs”) of which DPS is the primary beneficiary. Judgments are made in assessing whether the Company is the primary beneficiary, including determination of the activities that most significantly impact the VIE’s economic performance. During the year ended December 31, 2014, the Company provided 100% financing to a VIE as part of a short term leasing structure for which DPS is the primary beneficiary. As a result, DPS has consolidated that entity. The Company’s financing of the VIE, which totaled $21 million as of December 31, 2014, included a transfer of cash and assignment of the rights to deposits previously made with a manufacturer in prior years. The Company's financing of the VIE, which eliminates in consolidation, was used by the VIE to purchase certain property, plant and equipment. During the quarter ended June 30, 2015, the leasing arrangement with the VIE was terminated through the Company assuming ownership of the property, plant and equipment purchased by the VIE as repayment of the Company's financing of the VIE. No gain or loss was recorded as a result of the termination. The Company eliminates from its financial results all intercompany transactions between entities included in the consolidated financial statements and the intercompany transactions with its equity method investees.
Use of Estimates	USE OF ESTIMATES The process of preparing DPS' unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and judgments are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates:
Goodwill and Indefinite-Lived Intangible Assets	•goodwill and other indefinite-lived intangible assets;
Revenue Recognition	•revenue recognition;
Pension and Postretirement Benefits	•pension and postretirement benefits; •multi-employer pension plan withdrawal liability;
Risk Management Programs	•risk management programs;
Income Taxes	•income taxes.
Recently Issued Accounting Standards	RECENTLY ISSUED ACCOUNTING STANDARDS In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. ASU 2014-09 provides alternative methods of initial adoption. On July 9, 2015, the FASB voted to defer the effective date by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date. The FASB will formally issue this ASU during the third quarter of 2015. The Company is currently evaluating the impact that these standards will have on the consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"), in order to simplify the presentation of debt issuance costs. The ASU requires debt issuance costs to be presented on the balance sheet as a direct deduction from the related debt liability rather than an asset. ASU 2015-03 is effective for public companies for annual periods beginning after December 15, 2015, and interim periods thereafter, with early adoption permitted. The guidance also requires retrospective application to all prior periods presented. The Company will early adopt as of December 31, 2015 and does not anticipate a significant impact to the Company's financial position as a result of this change.

Inventories (Tables)

6 Months Ended

Jun. 30, 2015

Inventory, Net [Abstract]

Inventories consisted

Inventories consisted of the following:



	June 30,			December 31,
(in millions)	2015			2014
Raw materials	$	78		$	92
Spare parts	18			18
Work in process	5			5
Finished goods	150			126
Inventories at first in first out cost	251			241
Reduction to last in first out ("LIFO") cost	(34		)	(37		)
Inventories	$	217		$	204

Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Other Intangible Assets [Abstract]

Change in goodwill by operating segments

Changes in the carrying amount of goodwill by reporting unit are as follows:



(in millions)	Beverage Concentrates		WD Reporting Unit⁽¹⁾		DSD Reporting Unit⁽¹⁾			Latin America Beverages			Total
Balance as of January 1, 2014
Goodwill	$	1,732	$	1,220	$	185		$	31		$	3,168
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,220		5			31			2,988
Foreign currency impact	—		—		—			(3		)	(3		)
Acquisition activity⁽²⁾	—		2		3			—			5
Balance as of December 31, 2014
Goodwill	1,732		1,222		188			28			3,170
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,222		8			28			2,990
Foreign currency impact	—		—		—			(2		)	(2		)
Acquisition activity⁽²⁾	—		—		1			—			1
Balance as of June 30, 2015
Goodwill	1,732		1,222		189			26			3,169
Accumulated impairment losses	—		—		(180		)	—			(180		)
	$	1,732	$	1,222	$	9		$	26		$	2,989

____________________________


(1)	The Packaged Beverages segment is comprised of two reporting units, the Direct Store Delivery ("DSD") system and the Warehouse Direct ("WD") system.


(2)	The acquisition activity represents the goodwill associated with the purchase of Davis Beverage Group, Inc. and Davis Bottling Co, Inc. in 2014.

Change in intangible assets other than goodwill Text Block

The net carrying amounts of intangible assets other than goodwill are as follows:



	June 30, 2015							December 31, 2014
	Gross		Accumulated			Net		Gross		Accumulated			Net
(in millions)	Amount		Amortization			Amount		Amount		Amortization			Amount
Intangible assets with indefinite lives:
Brands⁽¹⁾	$	2,640	$	—		$	2,640	$	2,643	$	—		$	2,643
Distribution rights	27		—			27		27		—			27
Intangible assets with finite lives:
Brands	29		(28		)	1		29		(28		)	1
Distribution rights	14		(5		)	9		13		(4		)	9
Customer relationships	76		(74		)	2		76		(72		)	4
Bottler agreements	19		(19		)	—		19		(19		)	—
Total	$	2,805	$	(126	)	$	2,679	$	2,807	$	(123	)	$	2,684

____________________________


(1)	For the six months ended June 30, 2015, brands with indefinite lives decreased due to a $3 million change in foreign currency translation.

Amortization expense of intangible assets

Amortization expense of these intangible assets over the remainder of 2015 and the next four years is expected to be the following (in millions):



Year	Aggregate Amortization Expense
July 1, 2015 through December 31, 2015	$	3
2016	3
2017	1
2018	1
2019	1

Prepaid Expenses and Other Current Assets and Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2015

Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]

Prepaid expenses and other current assets and other current liabilities consisted

The table below details the components of prepaid expenses and other current assets and other current liabilities:



	June 30,		December 31,
(in millions)	2015		2014
Prepaid expenses and other current assets:
Customer incentive programs	$	57	$	18
Derivative instruments	24		11
Current assets held for sale	3		12
Other	75		45
Total prepaid expenses and other current assets	$	159	$	86
Other current liabilities:
Customer rebates and incentives	$	246	$	248
Accrued compensation	87		127
Insurance liability	47		46
Interest accrual	26		26
Dividends payable	92		79
Derivative instruments	18		18
Other	115		128
Total other current liabilities	$	631	$	672

Debt (Tables)

6 Months Ended

Jun. 30, 2015

Short-term Debt [Line Items]

Long Term Debt Obligations

The following table summarizes the Company's long-term obligations:



	June 30,			December 31,
(in millions)	2015			2014
Senior unsecured notes⁽¹⁾	$	2,499		$	2,505
Capital lease obligations	103			86
Subtotal	2,602			2,591
Less - current portion	(505		)	(3		)
Long-term obligations	$	2,097		$	2,588

____________________________


(1)	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $28 million and $34 million as of June 30, 2015 and December 31, 2014, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 6 for further information regarding derivatives.

Schedule of Short-term Debt

The following table summarizes the Company's short-term borrowings and current portion of long-term obligations:



	June 30,		December 31,
(in millions)	2015		2014
Commercial paper	$	—	$	—
Current portion of long-term obligations:
Senior unsecured notes	500		—
Capital lease obligations	5		3
Short-term borrowings and current portion of long-term obligations	$	505	$	3

Schedule of Long-term Debt Instruments

The Company's senior unsecured notes consisted of the following:



(in millions)			Principal Amount		Carrying Amount
			June 30,		June 30,		December 31,
Issuance	Maturity Date	Rate	2015		2015		2014
2016 Notes	January 15, 2016	2.90%	$	500	$	500	$	500
2018 Notes	May 1, 2018	6.82%	724		724		724
2019 Notes	January 15, 2019	2.60%	250		250		250
2020 Notes	January 15, 2020	2.00%	250		246		245
2021 Notes	November 15, 2021	3.20%	250		249		249
2022 Notes	November 15, 2022	2.70%	250		264		265
2038 Notes	May 1, 2038	7.45%	250		266		272
			$	2,474	$	2,499	$	2,505

Amount Utilized and Available for Revolver

<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table provides amounts utilized and available under the </font><font style="font-family:inherit;font-size:10pt;">Revolver</font><font style="font-family:inherit;font-size:10pt;"> and each sublimit arrangement type as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-top:12px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="63%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Amount Utilized</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Balances Available</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revolver</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">499</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Letters of credit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">74</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Swingline advances</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Derivatives (Tables)

6 Months Ended

Jun. 30, 2015

Derivatives [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the location of the fair value of the Company's derivative instruments within the unaudited Condensed Consolidated Balance Sheets:



(in millions)	Balance Sheet Location	June 30, 2015		December 31, 2014
Assets:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Prepaid expenses and other current assets	$	23	$	11
Foreign exchange forward contracts	Prepaid expenses and other current assets	1		—
Interest rate contracts	Other non-current assets	23		29
Total assets		$	47	$	40
Liabilities:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Other current liabilities	$	—	$	—
Interest rate contracts	Other non-current liabilities	5		9
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Other current liabilities	18		18
Commodity contracts	Other non-current liabilities	4		8
Total liabilities		$	27	$	35

Derivative Instruments Designated As Cash Flow Hedging Instruments



	Amount of Gain (Loss) Recognized in			Amount of Gain (Loss) Reclassified from AOCL into Income			Location of Gain (Loss) Reclassified from AOCL into Income
(in millions)	Other Comprehensive Income (Loss) ("OCI")			Amount of Gain (Loss) Reclassified from AOCL into Income			Location of Gain (Loss) Reclassified from AOCL into Income
For the three months ended June 30, 2015:
Interest rate contracts	$	26		$	(2	)	Interest expense
Foreign exchange forward contracts	—			—			Cost of sales
Total	$	26		$	(2	)

For the six months ended June 30, 2015:
Interest rate contracts	$	15		$	(4	)	Interest expense
Foreign exchange forward contracts	—			—			Cost of sales
Total	$	15		$	(4	)

For the three months ended June 30, 2014:
Interest rate contracts	$	—		$	(2	)	Interest expense
Foreign exchange forward contracts	(2		)	—			Cost of sales
Total	$	(2	)	$	(2	)

For the six months ended June 30, 2014:
Interest rate contracts	$	—		$	(4	)	Interest expense
Foreign exchange forward contracts	(1		)	1			Cost of sales
Total	$	(1	)	$	(3	)

Derivative instruments designated as fair value hedging instruments

The following table presents the impact of derivative instruments designated as fair value hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income:



	Amount of Gain		Location of Gain
(in millions)	Recognized in Income		Recognized in Income
For the three months ended June 30, 2015:
Interest rate contracts⁽¹⁾	$	5	Interest expense
Total	$	5

For the six months ended June 30, 2015:
Interest rate contracts⁽¹⁾	$	9	Interest expense
Total	$	9

For the three months ended June 30, 2014:
Interest rate contracts	$	4	Interest expense
Total	$	4

For the six months ended June 30, 2014:
Interest rate contracts	$	8	Interest expense
Total	$	8

____________________________

Schedule Of Derivative Instruments Not Designated As Hedging Instruments

The following table presents the impact of derivative instruments not designated as hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income:



	Amount of Gain (Loss)			Location of Gain (Loss)
(in millions)	Recognized in Income			Recognized in Income
For the three months ended June 30, 2015:
Commodity contracts⁽¹⁾	$	(1	)	Cost of sales
Commodity contracts⁽¹⁾	(11		)	SG&A expenses
Total	$	(12	)

For the six months ended June 30, 2015:
Commodity contracts⁽¹⁾	$	—		Cost of sales
Commodity contracts⁽¹⁾	(17		)	SG&A expenses
Total	$	(17	)

For the three months ended June 30, 2014:
Commodity contracts⁽¹⁾	$	(2	)	Cost of sales
Commodity contracts⁽¹⁾	2			SG&A expenses
Total	$	—

For the six months ended June 30, 2014:
Commodity contracts⁽¹⁾	$	9		Cost of sales
Commodity contracts⁽¹⁾	2			SG&A expenses
Total	$	11

____________________________


(1)	Commodity contracts include both realized and unrealized gains and losses.

Other Non-Current Assets and Other Non-Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2015

Other Non-Current Assets and Other Non-Current Liabilities [Abstract]

Other noncurrent assets and other noncurrent liabilities consisted

The table below details the components of other non-current assets and other non-current liabilities:



	June 30,		December 31,
(in millions)	2015		2014
Other non-current assets:
Deferred financing costs, net	$	8	$	9
Customer incentive programs	55		55
Marketable securities - trading	26		25
Derivative instruments	23		29
Cost method investments⁽¹⁾	15		—
Other	38		41
Total other non-current assets	$	165	$	159
Other non-current liabilities:
Long-term payables due to Mondelēz International, Inc.	$	34	$	37
Long-term pension and post-retirement liability	43		44
Multi-employer pension plan withdrawal liability	57		57
Insurance liability	90		90
Derivative instruments	9		17
Deferred compensation liability	26		25
Other	39		32
Total other non-current liabilities	$	298	$	302

____________________________

(1)

Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2015

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Schedule of Net Benefit Costs [Table Text Block]

The following table sets forth the components of net periodic benefit costs for the Company's pension plans:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	2015			2014			2015			2014
Service cost	$	—		$	—		$	1		$	1
Interest cost	3			4			5			7
Expected return on assets	(3		)	(3		)	(5		)	(7		)
Recognition of actuarial loss	1			—			2			1
Net periodic benefit costs	$	1		$	1		$	3		$	2

Fair Value (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis:



	Fair Value Measurements at June 30, 2015
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
(in millions)	Level 1		Level 2		Level 3
Interest rate contracts	$	—	$	46	$	—
Foreign exchange forward contracts	—		1		—
Marketable securities - trading	26		—		—
Total assets	$	26	$	47	$	—

Commodity contracts	$	—	$	22	$	—
Interest rate contracts	—		5		—
Total liabilities	$	—	$	27	$	—



	Fair Value Measurements at December 31, 2014
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
(in millions)	Level 1		Level 2		Level 3
Interest rate contracts	$	—	$	40	$	—
Marketable securities - trading	25		—		—
Total assets	$	25	$	40	$	—

Commodity contracts	$	—	$	26	$	—
Interest rate contracts	—		9		—
Total liabilities	$	—	$	35	$	—

Fair Value Measurements, Nonrecurring

The estimated fair values of long-term obligations are as follows:



	June 30, 2015				December 31, 2014
(in millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt – 2016 Notes	$	500	$	506	$	500	$	510
Long-term debt – 2018 Notes	724		822		724		835
Long-term debt – 2019 Notes⁽¹⁾	250		252		250		253
Long-term debt – 2020 Notes⁽¹⁾	246		245		245		244
Long-term debt – 2021 Notes⁽¹⁾	249		255		249		255
Long-term debt – 2022 Notes⁽¹⁾	264		238		265		244
Long-term debt – 2038 Notes⁽¹⁾	266		342		272		363
	$	2,499	$	2,660	$	2,505	$	2,704

____________________________


(1)	The carrying amount includes the unamortized discounts on the issuance of debt and adjustments related to the change in the fair value of interest rate swaps designated as fair value hedges on the 2019, 2020, 2021, 2022 and 2038 Notes. Refer to Note 6 for additional information regarding derivatives.

Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Share-based Compensation [Abstract]

Stock Based Compensation Expense

The components of stock-based compensation expense are presented below:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	2015			2014			2015			2014
Total stock-based compensation expense	$	12		$	11		$	21		$	22
Income tax benefit recognized in the statement of income	(4		)	(4		)	(7		)	(8		)
Stock-based compensation expense, net of tax	$	8		$	7		$	14		$	14

Schedule of Share-based Compensation, Stock Options, Activity

The table below summarizes stock option activity for the six months ended June 30, 2015:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	1,529,235		$	45.27	8.20	$	40
Granted	427,698		79.20
Exercised	(520,249	)	42.61			19
Forfeited or expired	(11,313	)	59.63
Outstanding as of June 30, 2015	1,425,371		56.31		8.45	26
Exercisable as of June 30, 2015	392,228		42.33		7.24	12

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity



	RSUs		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	1,925,934		$	43.85	1.08	$	138
Granted	380,349		79.18
Vested and released	(749,421	)	37.84			59
Forfeited	(25,062	)	55.86
Outstanding as of June 30, 2015	1,531,800		55.37		1.53	112

Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]



	PSUs		Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015	444,281		$	44.97	1.07	$	32
Granted	188,439		66.14
Vested and released	(188,675	)	37.80			15
Forfeited	(2,536	)	60.92
Outstanding as of June 30, 2015	441,509		56.97		1.38	32

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted, by Common Class

The following table presents the basic and diluted EPS and the Company's basic and diluted shares outstanding:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in millions, except per share data)	2015		2014		2015		2014
Basic EPS:
Net income	$	220	$	210	$	377	$	365
Weighted average common shares outstanding	191.4		196.6		192.2		197.3
Earnings per common share — basic	$	1.15	$	1.07	$	1.96	$	1.85
Diluted EPS:
Net income	$	220	$	210	$	377	$	365
Weighted average common shares outstanding	191.4		196.6		192.2		197.3
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units	1.0		1.2		1.3		1.3
Weighted average common shares outstanding and common stock equivalents	192.4		197.8		193.5		198.6
Earnings per common share — diluted	$	1.14	$	1.06	$	1.95	$	1.84

Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated other comprehensive income (loss), net of taxes

The following tables provide a summary of changes in the balances of each component of AOCL, net of taxes:



(in millions)	Foreign Currency Translation			Change in Pension Liability			Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of April 1, 2015	$	(82	)	$	(39	)	$	(41	)	$	(162	)
OCI before reclassifications	(5		)	1			15			11
Amounts reclassified from AOCL	—			—			2			2
Net current year OCI	(5		)	1			17			13
Balance as of June 30, 2015	$	(87	)	$	(38	)	$	(24	)	$	(149	)



(in millions)	Foreign Currency Translation			Change in Pension Liability			Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of January 1, 2014	$	(17	)	$	(33	)	$	(38	)	$	(88	)
OCI before reclassifications	(44		)	(19		)	(2		)	(65		)
Amounts reclassified from AOCL	—			12			4			16
Net current year OCI	(44		)	(7		)	2			(49		)
Balance as of December 31, 2014	(61		)	(40		)	(36		)	(137		)
OCI before reclassifications	(26		)	1			9			(16		)
Amounts reclassified from AOCL	—			1			3			4
Net current year OCI	(26		)	2			12			(12		)
Balance as of June 30, 2015	$	(87	)	$	(38	)	$	(24	)	$	(149	)

Schedule of Reclassifications out of AOCL and into Net Income

The following table presents the amount of loss reclassified from AOCL into the unaudited Condensed Consolidated Statements of Income:



		For the Three Months Ended June 30,						For the Six Months Ended June 30,
(in millions)	Location of (Gain) Loss Reclassified from AOCL into Income	2015			2014			2015			2014
Loss on cash flow hedges:
Interest rate contracts	Interest expense	$	(2	)	$	(2	)	$	(4	)	$	(4	)
Foreign exchange forward contracts	Cost of sales	—			—			—			1
Total		(2		)	(2		)	(4		)	(3		)
Income tax expense		—			—			(1		)	(1		)
Total		$	(2	)	$	(2	)	$	(3	)	$	(2	)

Defined benefit pension and postretirement plan items:
Amortization of prior service costs	SG&A expenses	$	—		$	—		$	—		$	—
Amortization of actuarial losses, net	SG&A expenses	(1		)	—			(2		)	(1		)
Settlement loss	SG&A expenses	—			—			—			—
Total		(1		)	—			(2		)	(1		)
Income tax expense		(1		)	—			(1		)	—
Total		$	—		$	—		$	(1	)	$	(1	)
Total reclassifications		$	(2	)	$	(2	)	$	(4	)	$	(3	)

Supplemental Cash Flow Information (Tables)

6 Months Ended

Jun. 30, 2015

Supplemental Cash Flow Elements [Abstract]

Schedule of Cash Flow, Supplemental Disclosures

The following table details supplemental cash flow disclosures of non-cash investing and financing activities:



	For the Six Months Ended June 30,
(in millions)	2015		2014
Supplemental cash flow disclosures of non-cash investing and financing activities:
Dividends declared but not yet paid	$	92	$	81
Capital expenditures included in accounts payable and other current liabilities	11		11
Capital lease additions	19		—
Supplemental cash flow disclosures:
Interest paid	$	47	$	48
Income taxes paid	119		146

Segments (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information about the Company's operations by operating segment is as follows:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Segment Results – Net sales
Beverage Concentrates	$	330	$	327	$	615	$	608
Packaged Beverages	1,188		1,154		2,241		2,160
Latin America Beverages	137		150		250		261
Net sales	$	1,655	$	1,631	$	3,106	$	3,029

Reconciliation of Operating Profit (Loss) from Segments to Consolidated



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
(in millions)	2015		2014			2015		2014
Segment Results – SOP
Beverage Concentrates	$	222	$	214		$	405	$	388
Packaged Beverages	190		177			331		308
Latin America Beverages	27		24			44		37
Total SOP	439		415			780		733
Unallocated corporate costs	70		70			141		127
Other operating income, net	—		(3		)	—		(2		)
Income from operations	369		348			639		608
Interest expense, net	27		27			54		52
Other expense (income), net	1		(1		)	—		(2		)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	$	341	$	322		$	585	$	558

Guarantor and Non-Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2015

Guarantor and Non-Guarantor Financial Information [Abstract]

Condensed Consolidating Statements of Income



	Condensed Consolidating Statements of Income
	For the Three Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	1,480		$	181		$	(6	)	$	1,655
Cost of sales	—			595			85			(6		)	674
Gross profit	—			885			96			—			981
Selling, general and administrative expenses	—			529			57			—			586
Depreciation and amortization	—			25			1			—			26
Other operating (income) expense, net	—			—			—			—			—
Income from operations	—			331			38			—			369
Interest expense	26			13			—			(11		)	28
Interest income	(10		)	—			(2		)	11			(1		)
Other expense (income), net	—			(1		)	2			—			1
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	(16		)	319			38			—			341
(Benefit) provision for income taxes	(6		)	117			10			—			121
Income (loss) before equity in earnings of subsidiaries	(10		)	202			28			—			220
Equity in earnings of consolidated subsidiaries	230			28			—			(258		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			—			—			—
Net income	$	220		$	230		$	28		$	(258	)	$	220



	Condensed Consolidating Statements of Income
	For the Three Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	1,443		$	196		$	(8	)	$	1,631
Cost of sales	—			578			95			(8		)	665
Gross profit	—			865			101			—			966
Selling, general and administrative expenses	1			529			62			—			592
Depreciation and amortization	—			27			2			—			29
Other operating (income) expense, net	—			(3		)	—			—			(3		)
Income from operations	(1		)	312			37			—			348
Interest expense	26			12			—			(11		)	27
Interest income	(9		)	—			(2		)	11			—
Other expense (income), net	(2		)	(1		)	2			—			(1		)
Income (loss) before (benefit) provision for income taxes and equity in earnings of subsidiaries	(16		)	301			37			—			322
(Benefit) provision for income taxes	(7		)	110			10			—			113
Income (loss) before equity in earnings of subsidiaries	(9		)	191			27			—			209
Equity in earnings of consolidated subsidiaries	219			28			—			(247		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	210		$	219		$	28		$	(247	)	$	210



	Condensed Consolidating Statements of Income
	For the Six Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	2,801		$	319		$	(14	)	$	3,106
Cost of sales	—			1,134			156			(14		)	1,276
Gross profit	—			1,667			163			—			1,830
Selling, general and administrative expenses	1			1,031			106			—			1,138
Depreciation and amortization	—			50			3			—			53
Other operating income, net	—			—			—			—			—
Income from operations	(1		)	586			54			—			639
Interest expense	51			27			—			(23		)	55
Interest income	(20		)	—			(4		)	23			(1		)
Other (income) expense, net	(2		)	(3		)	5			—			—
Income before provision for income taxes and equity in earnings of subsidiaries	(30		)	562			53			—			585
Provision for income taxes	(11		)	205			14			—			208
Income (loss) before equity in earnings of subsidiaries	(19		)	357			39			—			377
Equity in earnings of consolidated subsidiaries	396			39			—			(435		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			—			—			—
Net income	$	377		$	396		$	39		$	(435	)	$	377



	Condensed Consolidating Statements of Income
	For the Six Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	2,715		$	330		$	(16	)	$	3,029
Cost of sales	—			1,072			163			(16		)	1,219
Gross profit	—			1,643			167			—			1,810
Selling, general and administrative expenses	1			1,031			114			—			1,146
Depreciation and amortization	—			54			4			—			58
Other operating income, net	—			(2		)	—			—			(2		)
Income from operations	(1		)	560			49			—			608
Interest expense	51			24			—			(22		)	53
Interest income	(19		)	—			(4		)	22			(1		)
Other expense (income), net	(2		)	(3		)	3			—			(2		)
Income (loss) before (benefit) provision for income taxes and equity in earnings of subsidiaries	(31		)	539			50			—			558
(Benefit) provision for income taxes	(12		)	194			12			—			194
Income (loss) before equity in earnings of subsidiaries	(19		)	345			38			—			364
Equity in earnings of consolidated subsidiaries	384			39			—			(423		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	365		$	384		$	39		$	(423	)	$	365

Condensed Consolidating Statements of Comprehensive Income



	Condensed Consolidating Statements of Comprehensive Income
	For the Three Months Ended June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	233	$	226	$	26	$	(252	)	$	233



	Condensed Consolidating Statements of Comprehensive Income
	For the Three Months Ended June 30, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	216	$	226	$	40	$	(266	)	$	216



	Condensed Consolidating Statements of Comprehensive Income
	For the Six Months Ended June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors			Eliminations			Total
Comprehensive income (loss)	$	365	$	369	$	(2	)	$	(367	)	$	365



	Condensed Consolidating Statements of Comprehensive Income
	For the Six Months Ended June 30, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Comprehensive income (loss)	$	368	$	385	$	38	$	(423	)	$	368

Condensed Consolidating Balance Sheets



	Condensed Consolidating Balance Sheets
	As of June 30, 2015
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	82	$	45	$	—		$	127
Accounts receivable:
Trade, net	—		553		77		—			630
Other	4		45		14		—			63
Related party receivable	10		10		—		(20		)	—
Inventories	—		181		36		—			217
Deferred tax assets	—		66		3		(6		)	63
Prepaid expenses and other current assets	241		127		9		(218		)	159
Total current assets	255		1,064		184		(244		)	1,259
Property, plant and equipment, net	—		999		96		—			1,095
Investments in consolidated subsidiaries	6,601		610		—		(7,211		)	—
Investments in unconsolidated subsidiaries	—		—		13		—			13
Goodwill	—		2,971		18		—			2,989
Other intangible assets, net	—		2,614		65		—			2,679
Long-term receivable, related parties	3,138		5,116		294		(8,548		)	—
Other non-current assets	56		105		4		—			165
Non-current deferred tax assets	20		—		67		(20		)	67
Total assets	$	10,070	$	13,479	$	741	$	(16,023	)	$	8,267

Current liabilities:
Accounts payable	$	—	$	280	$	25	$	—		$	305
Related party payable	—		10		10		(20		)	—
Deferred revenue	—		62		2		—			64
Short-term borrowings and current portion of long-term obligations	500		5		—		—			505
Income taxes payable	—		272		4		(218		)	58
Other current liabilities	129		459		49		(6		)	631
Total current liabilities	629		1,088		90		(244		)	1,563
Long-term obligations to third parties	1,999		98		—		—			2,097
Long-term obligations to related parties	5,116		3,432		—		(8,548		)	—
Non-current deferred tax liabilities	—		851		—		(20		)	831
Non-current deferred revenue	—		1,185		31		—			1,216
Other non-current liabilities	64		224		10		—			298
Total liabilities	7,808		6,878		131		(8,812		)	6,005
Total stockholders' equity	2,262		6,601		610		(7,211		)	2,262
Total liabilities and stockholders' equity	$	10,070	$	13,479	$	741	$	(16,023	)	$	8,267



	Condensed Consolidating Balance Sheets
	As of December 31, 2014
(in millions)	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	186	$	51	$	—		$	237
Accounts receivable:
Trade, net	—		494		62		—			556
Other	3		42		16		—			61
Related party receivable	10		10		—		(20		)	—
Inventories	—		168		36		—			204
Deferred tax assets	—		65		3		(1		)	67
Prepaid and other current assets	218		67		9		(208		)	86
Total current assets	231		1,032		177		(229		)	1,211
Property, plant and equipment, net	—		1,039		102		—			1,141
Investments in consolidated subsidiaries	6,194		612		—		(6,806		)	—
Investments in unconsolidated subsidiaries	1		—		13		—			14
Goodwill	—		2,971		19		—			2,990
Other intangible assets, net	—		2,615		69		—			2,684
Long-term receivable, related parties	3,118		4,647		295		(8,060		)	—
Other non-current assets	63		90		6		—			159
Non-current deferred tax assets	23		—		74		(23		)	74
Total assets	$	9,630	$	13,006	$	755	$	(15,118	)	$	8,273

Current liabilities:
Accounts payable	$	—	$	258	$	31	$	—		$	289
Related party payable	—		10		10		(20		)	—
Deferred revenue	—		62		2		—			64
Short-term borrowings and current portion of long-term obligations	—		3		—		—			3
Income taxes payable	—		212		6		(208		)	10
Other current liabilities	112		512		49		(1		)	672
Total current liabilities	112		1,057		98		(229		)	1,038
Long-term obligations to third parties	2,505		83		—		—			2,588
Long-term obligations to related parties	4,647		3,413		—		(8,060		)	—
Non-current deferred tax liabilities	—		824		—		(23		)	801
Non-current deferred revenue	—		1,216		34		—			1,250
Other non-current liabilities	72		219		11		—			302
Total liabilities	7,336		6,812		143		(8,312		)	5,979
Total stockholders' equity	2,294		6,194		612		(6,806		)	2,294
Total liabilities and stockholders' equity	$	9,630	$	13,006	$	755	$	(15,118	)	$	8,273

Condensed Consolidating Statements of Cash Flows



	Condensed Consolidating Statements of Cash Flows
	For the Six Months Ended June 30, 2015
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(40	)	$	365		$	24		$	—		$	349
Investing activities:
Purchase of property, plant and equipment	—			(35		)	(7		)	—			(42		)
Purchase of cost method investment	—			(15		)	—			—			(15		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Proceeds from disposals of property, plant and equipment	—			11			—			—			11
Issuance of related party notes receivable	—			(468		)	(20		)	488			—
Net cash (used in) provided by investing activities	—			(508		)	(27		)	488			(47		)
Financing activities:
Proceeds from issuance of related party debt	468			20			—			(488		)	—
Repurchase of shares of common stock	(251		)	—			—			—			(251		)
Dividends paid	(172		)	—			—			—			(172		)
Tax withholdings related to net share settlements of certain stock awards	(27		)	—			—			—			(27		)
Proceeds from stock options exercised	22			—			—			—			22
Excess tax benefit on stock-based compensation	—			20			—			—			20
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	40			39			—			(488		)	(409		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(104		)	(3		)	—			(107		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(3		)	—			(3		)
Cash and cash equivalents at beginning of period	—			186			51			—			237
Cash and cash equivalents at end of period	$	—		$	82		$	45		$	—		$	127



	Condensed Consolidating Statements of Cash Flows
	For the Six Months Ended June 30, 2014
(in millions)	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(56	)	$	445		$	49		$	—		$	438
Investing activities:
Purchase of property, plant and equipment	—			(63		)	(8		)	—			(71		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Return of capital	—			2			(2		)	—			—
Proceeds from disposals of property, plant and equipment	—			7			—			—			7
Issuance of related party notes receivable	—			(460		)	(37		)	497			—
Repayment of related party notes receivable	—			5			—			(5		)	—
Other, net	(3		)	—			—			—			(3		)
Net cash (used in) provided by investing activities	(3		)	(510		)	(47		)	492			(68		)
Financing activities:
Proceeds from issuance of related party debt	460			37			—			(497		)	—
Repayment of related party debt	(5		)	—			—			5			—
Net issuance of commercial paper	5			—			—			—			5
Repurchase of shares of common stock	(206		)	—			—			—			(206		)
Cash paid for shares not yet received	(50		)	—			—			—			(50		)
Dividends paid	(157		)	—			—			—			(157		)
Tax withholdings related to net share settlements of certain stock awards	(16		)	—			—			—			(16		)
Proceeds from stock options exercised	28			—			—			—			28
Excess tax benefit on stock-based compensation	—			8			—			—			8
Net cash (used in) provided by financing activities	59			45			—			(492		)	(388		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(20		)	2			—			(18		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			—			—
Cash and cash equivalents at beginning of period	—			88			65			—			153
Cash and cash equivalents at end of period	$	—		$	68		$	67		$	—		$	135

General (Details) - USD ($) $ in Millions	3 Months Ended
General (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Principles of consolidation [Abstract]
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount		$ 21
Variable Interest Entity, Measure of Activity, Other, Amount	$ 0

Inventories (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Inventory, Net [Abstract]
Raw materials	$ 78		$ 78		$ 92
Spare parts	18		18		18
Work in process	5		5		5
Finished goods	150		150		126
Inventories at first in first out cost	251		251		241
Reduction to last in first out (LIFO) cost	(34)		(34)		(37)
Inventories	217		217		204
LIFO Inventory Amount	163		163		$ 151
Effect of LIFO Inventory Liquidation on Income	$ 3	$ 0	$ 3	$ 0

Goodwill and Other Intangible Assets, Goodwill (Details) - USD ($)
$ in Millions

6 Months Ended

12 Months Ended

Jun. 30, 2015

Dec. 31, 2014

Dec. 31, 2013

Change in goodwill by operating segments [Abstract]

Goodwill

$ 3,169

$ 3,170

$ 3,168

Accumulated impairment losses

(180)

Goodwill, net

2,989

2,990

2,988

Foreign currency impact

(2)

(3)

Goodwill, Acquired During Period

^[1]

Beverage Concentrates [Member]

Change in goodwill by operating segments [Abstract]

Goodwill

1,732

Accumulated impairment losses

Goodwill, net

1,732

Foreign currency impact

Goodwill, Acquired During Period

^[1]

WD Reporting Unit [Member]

Change in goodwill by operating segments [Abstract]

Goodwill

^[2]

1,222

1,220

Accumulated impairment losses

^[2]

Goodwill, net

^[2]

1,222

1,220

Foreign currency impact

^[2]

Goodwill, Acquired During Period

^[1],[2]

DSD Reporting Unit [Member]

Change in goodwill by operating segments [Abstract]

Goodwill

^[2]

189

188

185

Accumulated impairment losses

^[2]

(180)

Goodwill, net

^[2]

Foreign currency impact

^[2]

Goodwill, Acquired During Period

^[1],[2]

Latin America Beverages [Member]

Change in goodwill by operating segments [Abstract]

Goodwill

Accumulated impairment losses

Goodwill, net

$ 31

Foreign currency impact

(2)

(3)

Goodwill, Acquired During Period

^[1]

$ 0

[1]	The acquisition activity represents the goodwill associated with the purchase of Davis Beverage Group, Inc. and Davis Bottling Co, Inc. in 2014.
[2]	The Packaged Beverages segment is comprised of two reporting units, the Direct Store Delivery ("DSD") system and the Warehouse Direct ("WD") system.

Goodwill and Other Intangible Assets, Intangible Assets (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Change in intangible assets other than goodwill [Abstract]

Intangible Assets Gross Excluding Goodwill

$ 2,805

$ 2,807

Accumulated amortization

(126)

(123)

Intangible Assets, Net (Excluding Goodwill)

2,679

2,684

Foreign currency translation adjustment

$ (3)

Finite-lived intangible asset, useful life

10 years

Amortization of Intangible Assets

$ 1

$ 3

$ 2

Amortization expense of intangible assets [Abstract]

July 1, 2015 through December 31, 2015

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

Accumulated amortization

(28)

Finite-Lived Intangible Assets, Net

$ 1

Finite-lived intangible asset, useful life

10 years

Distribution rights [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

$ 14

Accumulated amortization

(5)

(4)

Finite-Lived Intangible Assets, Net

$ 9

Finite-lived intangible asset, useful life

10 years

Customer relationships [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

$ 76

Accumulated amortization

(74)

(72)

Finite-Lived Intangible Assets, Net

$ 2

Finite-lived intangible asset, useful life

10 years

Bottler agreements [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

$ 19

Accumulated amortization

(19)

Finite-Lived Intangible Assets, Net

Brands [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

^[1]

2,640

2,643

Distribution rights [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

$ 27

[1]	For the six months ended June 30, 2015, brands with indefinite lives decreased due to a $3 million change in foreign currency translation.

Prepaid Expenses and Other Current Assets and Other Current Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]
Customer incentive programs	$ 57	$ 18
Derivative instruments	24	11
Current assets held for sale	3	12
Other	75	45
Total prepaid expenses and other current assets	159	86
Customer rebates and incentives	246	248
Accrued compensation	87	127
Insurance liability	47	46
Interest accrual and interest rate swap liability	26	26
Dividends payable	92	79
Derivative Liability, Current	18	18
Other	115	128
Total other current liabilities	$ 631	$ 672

Debt (Details) - USD ($)
$ in Millions

Jun. 30, 2015

Dec. 31, 2014

Feb. 07, 2013

Nov. 20, 2012

Nov. 15, 2011

Jan. 11, 2011

Apr. 30, 2008

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[1]

$ 2,499

$ 2,505

Capital Lease Obligations

103

Long-term Debt and Capital Lease Obligations, Including Current Maturities

2,602

2,591

Long-term Debt and Capital Lease Obligations, Current

505

Long-term Debt and Capital Lease Obligations

2,097

2,588

Impact of Fair Value Hedges on Carrying Value of Senior Unsecured Notes

(28)

(34)

Commercial Paper

Long-term Debt, Current Maturities

500

Current obligations related to the Company's capital leases

Short-term borrowings and current portion of long-term obligations

505

Senior Unsecured Notes [Abstract]

Senior unsecured notes, principal amount

2,474

Commercial Paper Program [Abstract]

Commercial Paper Maximum Borrowing Capacity

500

Senior Unsecured Credit Facility [Abstract]

Revolving credit facility (principal Amount)

500

Available for Additional Borrowings

499

Long-term Line of Credit

Shelf Registration Statement [Abstract]

Debt Securities Authorized

$ 1,500

Letters of Credit Facility [Member]

Letters of Credit [Abstract]

Letters of Credit Borrowing Capacity, Description

140

Letters of Credit Utilized

Letters of Credit Available

Revolving Letters of Credit [Member]

Senior Unsecured Credit Facility [Abstract]

Available for Additional Borrowings

Long-term Line of Credit

Swingline Advances [Member]

Senior Unsecured Credit Facility [Abstract]

Available for Additional Borrowings

Long-term Line of Credit

2016 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

500

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.90%

Senior unsecured notes, principal amount

500

2018 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

724

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

6.82%

Senior unsecured notes, principal amount

724

2019 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[2]

250

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.60%

Senior unsecured notes, principal amount

250

2020 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[2]

246

245

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.00%

Senior unsecured notes, principal amount

250

2021 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[2]

249

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

3.20%

Senior unsecured notes, principal amount

250

2022 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[2]

264

265

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.70%

Senior unsecured notes, principal amount

250

2038 Notes [Member]

Debt Instrument [Line Items]

Long-term Debt, Carrying Value

^[2]

266

$ 272

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

7.45%

Senior unsecured notes, principal amount

$ 250

[1]	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $28 million and $34 million as of June 30, 2015 and December 31, 2014, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 6 for further information regarding derivatives.
[2]	The carrying amount includes the unamortized discounts on the issuance of debt and adjustments related to the change in the fair value of interest rate swaps designated as fair value hedges on the 2019, 2020, 2021, 2022 and 2038 Notes. Refer to Note 6 for additional information regarding derivatives.

Derivatives - Discussion (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
Derivatives - Discussion (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Feb. 27, 2015	Dec. 31, 2013	Dec. 31, 2011	Dec. 31, 2010
Interest rate contracts [Member] \| Cash Flow Hedging [Member] \| 2016 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	$ 100	$ 100	$ 125
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	0	0
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2038 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives				$ 100			$ 100
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		16	23
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge				$ 25
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2019 and 2021 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives						$ 250
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		0	(1)
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2020 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives					$ 120
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		(2)	(4)
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2022 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives			250
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		14	16
Foreign exchange forward contracts [Member] \| Cash Flow Hedging [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	16	$ 16	10
Derivative, Lower Remaining Maturity Range		1 month
Derivative, Higher Remaining Maturity Range		6 months
Commodity contracts [Member] \| Economic Hedge [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	$ 175	$ 175	$ 160

Derivatives - Tabular (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

$ 47

$ 40

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Derivative instruments designated as fair value hedging instruments

Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax

$ 2

Cash Flow Hedging [Member]

Derivative items designated as cash flow hedging instruments [Abstract]

Amount of Gain (Loss) Recognized in OCI

(2)

(1)

Amount of Gain (Loss) Reclassified from AOCL into Net Income

(2)

(4)

(3)

Loss (Benefit) on Cash Flow Hedge Ineffectiveness

Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months

(7)

Fair Value Hedging [Member]

Derivative instruments designated as fair value hedging instruments

Amount of Gain (Loss) Recognized in Net Income on Derivative

Gain (Loss) on Fair Value Hedge Ineffectiveness, Net

(1)

Interest rate contracts [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]

Derivative items designated as cash flow hedging instruments [Abstract]

Amount of Gain (Loss) Recognized in OCI

Amount of Gain (Loss) Reclassified from AOCL into Net Income

(2)

(4)

Interest rate contracts [Member] | Fair Value Hedging [Member] | Interest Expense [Member]

Derivative instruments designated as fair value hedging instruments

Amount of Gain (Loss) Recognized in Net Income on Derivative

^[1]

Foreign exchange forward contracts [Member] | Cash Flow Hedging [Member] | Cost of Sales [Member]

Derivative items designated as cash flow hedging instruments [Abstract]

Amount of Gain (Loss) Recognized in OCI

(2)

(1)

Amount of Gain (Loss) Reclassified from AOCL into Net Income

Designated as Hedging Instrument [Member] | Interest rate contracts [Member] | Prepaid Expenses and Other Current Assets [Member]

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

Designated as Hedging Instrument [Member] | Interest rate contracts [Member] | Other non-current assets [Member]

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

Designated as Hedging Instrument [Member] | Interest rate contracts [Member] | Other current liabilities [Member]

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Designated as Hedging Instrument [Member] | Interest rate contracts [Member] | Other Noncurrent Liabilities [Member]

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Designated as Hedging Instrument [Member] | Foreign exchange forward contracts [Member] | Prepaid Expenses and Other Current Assets [Member]

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

Not Designated as Hedging Instrument [Member]

Derivative instruments not designated as hedging instrument [Abstract]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Total

(12)

(17)

Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Cost of Sales [Member]

Derivative instruments not designated as hedging instrument [Abstract]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Total

^[2]

(1)

(2)

Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Selling General and Administrative Expenses [Member]

Derivative instruments not designated as hedging instrument [Abstract]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Total

^[2]

(11)

$ 2

(17)

$ 2

Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Accrued Liabilities [Member]

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Other Noncurrent Liabilities [Member]

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

$ 4

$ 8

[1]	Interest expense for the three and six months ended June 30, 2015 includes amortization of the forward starting swap associated with the 2038 Notes, which was de-designated in February 2015, and basis adjustments related to the 2038 and 2022 Notes
[2]	Commodity contracts include both realized and unrealized gains and losses.

Other Non-Current Assets and Other Non-Current Liabilities (Details) - USD ($)
$ in Millions

Jun. 30, 2015

Mar. 20, 2015

Dec. 31, 2014

Other non-current assets:

Deferred financing costs, net

$ 8

$ 9

Customer incentive programs

Marketable securities - trading

Derivative instruments

Cost Method Investments

^[1]

Other

Other non-current assets

165

159

Other non-current liabilities:

Long-term payables due to Mondelēz

Long-term pension and postretirement liability

Multi-employer pension plan withdrawal liability

Insurance liability

Derivative instruments

Deferred compensation liability

Other

Other non-current liabilities

$ 298

$ 302

Cost Method Investments, Original Cost

$ 15

[1]

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Examination [Line Items]
Total (benefit) provision for income taxes	$ 121	$ 113	$ 208	$ 194
Effective income tax rate	35.50%	35.10%	35.60%	34.80%
Reduction in Taxes [Member]
Income Tax Examination [Line Items]
Total (benefit) provision for income taxes				$ (2)

Employee Benefit Plans (Details) - Pension Plan, Defined Benefit [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 1	$ 1
Interest cost	3	4	5	7
Expected return on assets	(3)	(3)	(5)	(7)
Recognition of actuarial loss	1	0	2	1
Net periodic benefit costs	1	1	3	2
Pension contributions	$ 1	$ 0	$ 1	$ 1

Fair Value of Financial Instruments, Assets and Liabilities Measured on a Recurring Basis(Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	$ 26	$ 25
Assets, Fair Value Disclosure	26	25
Derivative Liability, Fair Value, Net	0	0
Quoted Prices in Active Markets for Identical Assets Level 1 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Quoted Prices in Active Markets for Identical Assets Level 1 [Member] \| Interest rate contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	0
Quoted Prices in Active Markets for Identical Assets Level 1 [Member] \| Foreign exchange forward contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0
Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	0	0
Assets, Fair Value Disclosure	47	40
Derivative Liability, Fair Value, Net	27	35
Significant Other Observable Inputs Level 2 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	22	26
Significant Other Observable Inputs Level 2 [Member] \| Interest rate contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	46	40
Derivative Liability	5	9
Significant Other Observable Inputs Level 2 [Member] \| Foreign exchange forward contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	1
Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	0	0
Assets, Fair Value Disclosure	0	0
Derivative Liability, Fair Value, Net	0	0
Significant Unobservable Inputs Level 3 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Significant Unobservable Inputs Level 3 [Member] \| Interest rate contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	$ 0
Significant Unobservable Inputs Level 3 [Member] \| Foreign exchange forward contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	$ 0

Fair Value of Financial Instruments, Non-Recurring Basis (Details) - USD ($)
$ in Millions

Jun. 30, 2015

Dec. 31, 2014

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[1]

$ 2,499

$ 2,505

Long-term Debt, Fair Value

2,660

2,704

Long term debt - 2016 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

500

Long-term Debt, Fair Value

506

510

Long term debt - 2018 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

724

Long-term Debt, Fair Value

822

835

Long term debt - 2019 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[2]

250

Long-term Debt, Fair Value

252

253

Long term debt - 2020 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[2]

246

245

Long-term Debt, Fair Value

245

244

Long term debt - 2021 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[2]

249

Long-term Debt, Fair Value

255

Long-term debt - 2022 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[2]

264

265

Long-term Debt, Fair Value

238

244

Long term debt - 2038 Notes [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Long-term Debt, Carrying Value

^[2]

266

272

Long-term Debt, Fair Value

$ 342

$ 363

[1]	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $28 million and $34 million as of June 30, 2015 and December 31, 2014, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 6 for further information regarding derivatives.
[2]	The carrying amount includes the unamortized discounts on the issuance of debt and adjustments related to the change in the fair value of interest rate swaps designated as fair value hedges on the 2019, 2020, 2021, 2022 and 2038 Notes. Refer to Note 6 for additional information regarding derivatives.

Stock Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Stock-based compensation expense
Total stock-based compensation expense	$ 12	$ 11	$ 21	$ 22
Income tax benefit recognized in the income statement	(4)	(4)	(7)	(8)
Stock-based compensation expense, net of tax	$ 8	$ 7	$ 14	14
Stock option activity
Stock options - beginning balance outstanding			1,529,235
Stock options - beginning balance outstanding, weighted average exercise price			$ 45.27
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2			8 years 5 months 12 days		8 years 2 months 12 days
Stock options - beginning balance outstanding, aggregate intrinsic value			$ 40
Stock options - granted			427,698
Stock options - granted, weighted average excercise price			$ 79.20
Stock options - exercised			(520,249)
Stock options - exercised, wighted average exercise price			$ 42.61
Stock options - exercised, total intrinsic value			$ 19
Stock options - forfeited or expired			(11,313)
Stock options, forfeited or expired, weighted average exercise price			$ 59.63
Stock options - ending balance outstanding	1,425,371		1,425,371		1,529,235
Stock options - ending balance outstanding, weighted average exercise price	$ 56.31		$ 56.31		$ 45.27
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2			8 years 5 months 12 days		8 years 2 months 12 days
Stock options - ending balance outstanding, aggregate intrinsic value	$ 26		$ 26		$ 40
Stock options - exercisable	392,228		392,228
Stock options - exercisable, weighted average exercise price	$ 42.33		$ 42.33
Stock options- exercisable, weighted average remaining contractual term			7 years 2 months 26 days
Stock options - exercisable, intrinsic value	$ 12		$ 12
Unrecognized compensation costs related to nonvested awards
Tax withholdings related to net share settlements of certain stock awards			27	16
Employee Stock Option [Member]
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 6		$ 6
Weighted average recognition period of unrecognized compensation costs			1 year 3 months 14 days
Restricted Stock [Member]
Restricted Stock Units and Performance Stock Units Activity
RSUs and PSUs - beginning balance outstanding			1,925,934
RSUs and PSUs - beginning balance outstanding, weighted average grant date total fair value			$ 43.85
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms			1 year 6 months 11 days		1 year 29 days
RSUs and PSUs - beginning balance outstanding, agregate intrinsic value			$ 138
RSUs and PSUs - granted			380,349
RSUs and PSUs - granted, weighted average grant date fair value			$ 79.18
RSUs and PSUs - vested and released			(749,421)
RSUs and PSUs - vested and released, weighted average grant date fair value			$ 37.84
RSUs and PSUs - Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 59
RSUs and PSUs - forfeited			(25,062)
RSUs and PSUs - forfeited, weighted average grant date fair value			$ 55.86
RSUs and PSUs - ending balance outstanding	1,531,800		1,531,800		1,925,934
RSUs and PSUs - ending balance outstanding, weighted average grant date total fair value	$ 55.37		$ 55.37		$ 43.85
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms			1 year 6 months 11 days		1 year 29 days
RSUs and PSUs - ending balance outstanding, agregate intrinsic value	$ 112		$ 112		$ 138
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 49		$ 49
Weighted average recognition period of unrecognized compensation costs			1 year 6 months
Tax withholdings related to net share settlements of certain stock awards, shares			237,032
Tax withholdings related to net share settlements of certain stock awards			$ 22	14
Performance Shares [Member]
Restricted Stock Units and Performance Stock Units Activity
RSUs and PSUs - beginning balance outstanding			444,281
RSUs and PSUs - beginning balance outstanding, weighted average grant date total fair value			$ 44.97
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms			1 year 4 months 17 days		1 year 25 days
RSUs and PSUs - beginning balance outstanding, agregate intrinsic value			$ 32
RSUs and PSUs - granted			188,439
RSUs and PSUs - granted, weighted average grant date fair value			$ 66.14
RSUs and PSUs - vested and released			(188,675)
RSUs and PSUs - vested and released, weighted average grant date fair value			$ 37.80
RSUs and PSUs - Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 15
RSUs and PSUs - forfeited			(2,536)
RSUs and PSUs - forfeited, weighted average grant date fair value			$ 60.92
RSUs and PSUs - ending balance outstanding	441,509		441,509		444,281
RSUs and PSUs - ending balance outstanding, weighted average grant date total fair value	$ 56.97		$ 56.97		$ 44.97
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms			1 year 4 months 17 days		1 year 25 days
RSUs and PSUs - ending balance outstanding, agregate intrinsic value	$ 32		$ 32		$ 32
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 19		$ 19
Weighted average recognition period of unrecognized compensation costs			1 year 4 months 13 days
Tax withholdings related to net share settlements of certain stock awards, shares			62,208
Tax withholdings related to net share settlements of certain stock awards			$ 5	$ 2

Earnings Per Share (Details) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015 USD ($) shares $ / shares	Jun. 30, 2014 USD ($) $ / shares shares	Jun. 30, 2015 USD ($) shares $ / shares	Jun. 30, 2014 USD ($) $ / shares shares	Dec. 31, 2011 USD ($)
Basic EPS:
Net income \| $	$ 220	$ 210	$ 377	$ 365
Weighted average common shares outstanding	191,400,000	196,600,000	192,200,000	197,300,000
Earnings per common share - basic \| $ / shares	$ 1.15	$ 1.07	$ 1.96	$ 1.85
Diluted EPS:
Net income \| $	$ 220	$ 210	$ 377	$ 365
Weighted average common shares outstanding	191,400,000	196,600,000	192,200,000	197,300,000
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units	1,000,000	1,200,000	1,300,000	1,300,000
Weighted average common shares outstanding and common stock equivalents	192,400,000	197,800,000	193,500,000	198,600,000
Earnings per common share - diluted \| $ / shares	$ 1.14	$ 1.06	$ 1.95	$ 1.84
Earnings Per Share (Textuals) [Abstract]
Exclusion from the diluted weighted average shares outstanding	400,000	400,000	300,000	600,000
Dividend equivalent units outstanding	78,412		78,412
Aggregate shares authorized under repurchase program, initial amount \| $	$ 1,000		$ 1,000		$ 3,000
Number of shares repurchased and retired	1,500,000	2,700,000	3,200,000	3,900,000
Value of shares repurchased and retired \| $	$ 116	$ 146	$ 251	$ 206
Stock Repurchase Program, Value of Shares Authorized to be Repurchased \| $	$ 921		$ 921

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	$ (162)		$ (137)	$ (88)	$ (88)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	1		1		(19)
Other Comprehensive Income Reclassification Of Defined Benefit Plans Costs Net Of Tax	0	$ 0	1	1	12
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	15		9		(2)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	2	2	3	2	4
Other Comprehensive Income (Loss) Prior to Reclassifications	11		(16)		(65)
Other Comprehensive Income (Loss), Reclassification Adjustment On Items Included In Net Income Net Of Tax	2	2	4	3	16
Current year OCI	13		(12)		(49)
Accumulated other comprehensive income (loss), net of tax, ending balance	(149)		(149)		(137)
Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax	(2)	(2)	(3)	(2)	(4)
Amortization of prior service cost (credit)	0	0	0	0
Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, before Tax	(1)	0	(2)	(1)
Settlement loss	0	0	0	0
Comprehensive income reclassification of defined benefit plans for net prior service credit and actuarial gains or losses	(1)	0	(2)	(1)
OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostRecognizedInNetPeriodicPensionCostAndActuarilaLossorGainTax	(1)	0	(1)	0
Other Comprehensive Income Reclassification Of Defined Benefit Plans Costs Net Of Tax	0	0	1	1	12
Other Comprehensive Income (Loss), Reclassification Adjustment On Items Included In Net Income Net Of Tax	(2)	(2)	(4)	(3)	(16)
Foreign Currency Translation [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(82)		(61)	(17)	(17)
Foreign currency translation adjustments	(5)		(26)		(44)
Accumulated other comprehensive income (loss), net of tax, ending balance	(87)		(87)		(61)
Change in Pension Liability [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(39)		(40)	(33)	(33)
Net change in pension liability	1		2		(7)
Accumulated other comprehensive income (loss), net of tax, ending balance	(38)		(38)		(40)
Cash Flow Hedges [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(41)		(36)	(38)	(38)
Cash flow hedges, net of tax	17		12		2
Accumulated other comprehensive income (loss), net of tax, ending balance	(24)		(24)		$ (36)
Cash Flow Hedging [Member]
Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]
Amount of Gain (Loss) Reclassified from AOCL into Net Income	(2)	(2)	(4)	(3)
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Tax	0	0	(1)	(1)
Cash Flow Hedging [Member] \| Interest Expense [Member] \| Interest rate contracts [Member]
Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]
Amount of Gain (Loss) Reclassified from AOCL into Net Income	(2)	(2)	(4)	(4)
Cash Flow Hedging [Member] \| Cost of Sales [Member] \| Foreign exchange forward contracts [Member]
Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]
Amount of Gain (Loss) Reclassified from AOCL into Net Income	$ 0	$ 0	$ 0	$ 1

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplemental Cash Flow Elements [Abstract]
Dividends declared but not yet paid	$ 92	$ 81
Capital expenditures included in accounts payable and other current liabilities	11	11
Capital lease additions	19	0
Interest paid	47	48
Income taxes paid	$ 119	$ 146

Commitments and Contingencies (Details)	81 Months Ended
Commitments and Contingencies (Details)	Jun. 30, 2015 USD ($)
Accrual for Environmental Loss Contingencies Disclosure [Abstract]
Site Contingency Study Paid	$ 750,000

Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Segments (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Net sales	$ 1,655	$ 1,631	$ 3,106	$ 3,029
Segment Results - SOP
Total segment operating profit	439	415	780	733
Unallocated corporate costs	70	70	141	127
Other operating income, net	0	(3)	0	(2)
Income from operations	369	348	639	608
Interest expense, net	27	27	54	52
Other expense (income), net	1	(1)	0	(2)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	341	322	585	558
Beverage Concentrates [Member]
Segment Reporting Information [Line Items]
Net sales	330	327	615	608
Segment Results - SOP
Total segment operating profit	222	214	405	388
Packaged Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	1,188	1,154	2,241	2,160
Segment Results - SOP
Total segment operating profit	190	177	331	308
Latin America Beverages [Member]
Segment Reporting Information [Line Items]
Net sales	137	150	250	261
Segment Results - SOP
Total segment operating profit	$ 27	$ 24	$ 44	$ 37

Guarantor and Non-Guarantor Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Consolidating Statements of Income
Net sales	$ 1,655	$ 1,631	$ 3,106	$ 3,029
Cost of sales	674	665	1,276	1,219
Gross profit	981	966	1,830	1,810
Selling, general and administrative expenses	586	592	1,138	1,146
Depreciation and amortization	26	29	53	58
Other operating income, net	0	(3)	0	(2)
Income from operations	369	348	639	608
Interest expense	28	27	55	53
Interest income	(1)	0	(1)	(1)
Other expense (income), net	1	(1)	0	(2)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	341	322	585	558
Provision for income taxes	121	113	208	194
Income before equity in earnings of unconsolidated subsidiaries	220	209	377	364
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in earnings of unconsolidated subsidiaries, net of tax	0	1	0	1
Net income	220	210	377	365
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	233	216	365	368
Current assets:
Cash and Cash Equivalents, at Carrying Value	127	135	237	153	$ 127	$ 237	$ 153
Accounts receivable:
Trade, net					630	556
Other					63	61
Related party receivable					0	0
Inventories					217	204
Deferred tax assets					63	67
Prepaid expenses and other current assets					159	86
Total current assets					1,259	1,211
Property, plant and equipment, net					1,095	1,141
Investments in consolidated subsidiaries					0	0
Investments in unconsolidated subsidiaries					13	14
Goodwill					2,989	2,990	2,988
Other intangible assets, net					2,679	2,684
Long-term receivable, related parties					0	0
Other non-current assets					165	159
Non-current deferred tax assets					67	74
Total assets					8,267	8,273
Current liabilities:
Accounts payable					305	289
Related party payable					0	0
Deferred revenue					64	64
Short-term borrowings and current portion of long-term obligations					505	3
Income taxes payable					58	10
Other current liabilities					631	672
Total current liabilities					1,563	1,038
Long-term obligations to third parties					2,097	2,588
Long-term obligations to related parties					0	0
Non-current deferred tax liabilities					831	801
Non-current deferred revenue					1,216	1,250
Other non-current liabilities					298	302
Total liabilities					6,005	5,979
Total stockholders' equity					2,262	2,294
Total liabilities and stockholders' equity					8,267	8,273
Operating activities:
Net cash (used in) provided by operating activities			349	438
Investing activities:
Purchase of property, plant and equipment			(42)	(71)
Payments to acquire cost method investment			(15)	0
Purchase of intangible assets			(1)	(1)
Return of capital				0
Proceeds from disposals of property, plant and equipment			11	7
Issuances of related party notes receivables			0	0
Repayment of related party notes receivables				0
Other, net			0	(3)
Net cash used in investing activities			(47)	(68)
Financing activities:
Proceeds from issuance of related party debt			0	0
Repayment of related party debt				0
Proceeds from (Repayments of) Commercial Paper			0	5
Repurchase of shares of common stock			(251)	(206)
Cash paid for shares not yet received			0	(50)
Dividends paid			(172)	(157)
Tax withholdings related to net share settlements of certain stock awards			(27)	(16)
Proceeds from stock options exercised			22	28
Excess tax benefit on stock-based compensation			20	8
Other, net			(1)	0
Net cash used in financing activities			(409)	(388)
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(107)	(18)
Effect of exchange rate changes on cash and cash equivalents			(3)	0
Cash and cash equivalents at beginning of year			237	153
Cash and cash equivalents at end of period	127	135	127	135
Parent [Member]
Condensed Consolidating Statements of Income
Net sales	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	1	1	1
Depreciation and amortization	0	0	0	0
Other operating income, net	0	0	0	0
Income from operations	0	(1)	(1)	(1)
Interest expense	26	26	51	51
Interest income	(10)	(9)	(20)	(19)
Other expense (income), net	0	(2)	(2)	(2)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	(16)	(16)	(30)	(31)
Provision for income taxes	(6)	(7)	(11)	(12)
Income before equity in earnings of unconsolidated subsidiaries	(10)	(9)	(19)	(19)
Equity in earnings of consolidated subsidiaries	230	219	396	384
Equity in earnings of unconsolidated subsidiaries, net of tax	0	0	0	0
Net income	220	210	377	365
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	233	216	365	368
Current assets:
Cash and Cash Equivalents, at Carrying Value	0	0	0	0	0	0	0
Accounts receivable:
Trade, net					0	0
Other					4	3
Related party receivable					10	10
Inventories					0	0
Deferred tax assets					0	0
Prepaid expenses and other current assets					241	218
Total current assets					255	231
Property, plant and equipment, net					0	0
Investments in consolidated subsidiaries					6,601	6,194
Investments in unconsolidated subsidiaries					0	1
Goodwill					0	0
Other intangible assets, net					0	0
Long-term receivable, related parties					3,138	3,118
Other non-current assets					56	63
Non-current deferred tax assets					20	23
Total assets					10,070	9,630
Current liabilities:
Accounts payable					0	0
Related party payable					0	0
Deferred revenue					0	0
Short-term borrowings and current portion of long-term obligations					500	0
Income taxes payable					0	0
Other current liabilities					129	112
Total current liabilities					629	112
Long-term obligations to third parties					1,999	2,505
Long-term obligations to related parties					5,116	4,647
Non-current deferred tax liabilities					0	0
Non-current deferred revenue					0	0
Other non-current liabilities					64	72
Total liabilities					7,808	7,336
Total stockholders' equity					2,262	2,294
Total liabilities and stockholders' equity					10,070	9,630
Operating activities:
Net cash (used in) provided by operating activities			(40)	(56)
Investing activities:
Purchase of property, plant and equipment			0	0
Payments to acquire cost method investment			0
Purchase of intangible assets			0	0
Return of capital				0
Proceeds from disposals of property, plant and equipment			0	0
Issuances of related party notes receivables			0	0
Repayment of related party notes receivables				0
Other, net				(3)
Net cash used in investing activities			0	(3)
Financing activities:
Proceeds from issuance of related party debt			468	460
Repayment of related party debt				(5)
Proceeds from (Repayments of) Commercial Paper				5
Repurchase of shares of common stock			(251)	(206)
Cash paid for shares not yet received				(50)
Dividends paid			(172)	(157)
Tax withholdings related to net share settlements of certain stock awards			(27)	(16)
Proceeds from stock options exercised			22	28
Excess tax benefit on stock-based compensation			0	0
Other, net			0
Net cash used in financing activities			40	59
Cash and cash equivalents - net change from:
Operating, investing and financing activities			0	0
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			0	0
Cash and cash equivalents at end of period	0	0	0	0
Guarantors [Member]
Condensed Consolidating Statements of Income
Net sales	1,480	1,443	2,801	2,715
Cost of sales	595	578	1,134	1,072
Gross profit	885	865	1,667	1,643
Selling, general and administrative expenses	529	529	1,031	1,031
Depreciation and amortization	25	27	50	54
Other operating income, net	0	(3)	0	(2)
Income from operations	331	312	586	560
Interest expense	13	12	27	24
Interest income	0	0	0	0
Other expense (income), net	(1)	(1)	(3)	(3)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	319	301	562	539
Provision for income taxes	117	110	205	194
Income before equity in earnings of unconsolidated subsidiaries	202	191	357	345
Equity in earnings of consolidated subsidiaries	28	28	39	39
Equity in earnings of unconsolidated subsidiaries, net of tax	0	0	0	0
Net income	230	219	396	384
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	226	226	369	385
Current assets:
Cash and Cash Equivalents, at Carrying Value	82	68	186	88	82	186	88
Accounts receivable:
Trade, net					553	494
Other					45	42
Related party receivable					10	10
Inventories					181	168
Deferred tax assets					66	65
Prepaid expenses and other current assets					127	67
Total current assets					1,064	1,032
Property, plant and equipment, net					999	1,039
Investments in consolidated subsidiaries					610	612
Investments in unconsolidated subsidiaries					0	0
Goodwill					2,971	2,971
Other intangible assets, net					2,614	2,615
Long-term receivable, related parties					5,116	4,647
Other non-current assets					105	90
Non-current deferred tax assets					0	0
Total assets					13,479	13,006
Current liabilities:
Accounts payable					280	258
Related party payable					10	10
Deferred revenue					62	62
Short-term borrowings and current portion of long-term obligations					5	3
Income taxes payable					272	212
Other current liabilities					459	512
Total current liabilities					1,088	1,057
Long-term obligations to third parties					98	83
Long-term obligations to related parties					3,432	3,413
Non-current deferred tax liabilities					851	824
Non-current deferred revenue					1,185	1,216
Other non-current liabilities					224	219
Total liabilities					6,878	6,812
Total stockholders' equity					6,601	6,194
Total liabilities and stockholders' equity					13,479	13,006
Operating activities:
Net cash (used in) provided by operating activities			365	445
Investing activities:
Purchase of property, plant and equipment			(35)	(63)
Payments to acquire cost method investment			(15)
Purchase of intangible assets			(1)	(1)
Return of capital				2
Proceeds from disposals of property, plant and equipment			11	7
Issuances of related party notes receivables			(468)	(460)
Repayment of related party notes receivables				5
Other, net				0
Net cash used in investing activities			(508)	(510)
Financing activities:
Proceeds from issuance of related party debt			20	37
Repayment of related party debt				0
Proceeds from (Repayments of) Commercial Paper				0
Repurchase of shares of common stock			0	0
Cash paid for shares not yet received				0
Dividends paid			0	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Excess tax benefit on stock-based compensation			20	8
Other, net			(1)
Net cash used in financing activities			39	45
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(104)	(20)
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			186	88
Cash and cash equivalents at end of period	82	68	82	68
Non-Guarantors [Member]
Condensed Consolidating Statements of Income
Net sales	181	196	319	330
Cost of sales	85	95	156	163
Gross profit	96	101	163	167
Selling, general and administrative expenses	57	62	106	114
Depreciation and amortization	1	2	3	4
Other operating income, net	0	0	0	0
Income from operations	38	37	54	49
Interest expense	0	0	0	0
Interest income	(2)	(2)	(4)	(4)
Other expense (income), net	2	2	5	3
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	38	37	53	50
Provision for income taxes	10	10	14	12
Income before equity in earnings of unconsolidated subsidiaries	28	27	39	38
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in earnings of unconsolidated subsidiaries, net of tax	0	1	0	1
Net income	28	28	39	39
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	26	40	(2)	38
Current assets:
Cash and Cash Equivalents, at Carrying Value	45	67	51	65	45	51	65
Accounts receivable:
Trade, net					77	62
Other					14	16
Related party receivable					0	0
Inventories					36	36
Deferred tax assets					3	3
Prepaid expenses and other current assets					9	9
Total current assets					184	177
Property, plant and equipment, net					96	102
Investments in consolidated subsidiaries					0	0
Investments in unconsolidated subsidiaries					13	13
Goodwill					18	19
Other intangible assets, net					65	69
Long-term receivable, related parties					294	295
Other non-current assets					4	6
Non-current deferred tax assets					67	74
Total assets					741	755
Current liabilities:
Accounts payable					25	31
Related party payable					10	10
Deferred revenue					2	2
Short-term borrowings and current portion of long-term obligations					0	0
Income taxes payable					4	6
Other current liabilities					49	49
Total current liabilities					90	98
Long-term obligations to third parties					0	0
Long-term obligations to related parties					0	0
Non-current deferred tax liabilities					0	0
Non-current deferred revenue					31	34
Other non-current liabilities					10	11
Total liabilities					131	143
Total stockholders' equity					610	612
Total liabilities and stockholders' equity					741	755
Operating activities:
Net cash (used in) provided by operating activities			24	49
Investing activities:
Purchase of property, plant and equipment			(7)	(8)
Payments to acquire cost method investment			0
Purchase of intangible assets			0	0
Return of capital				(2)
Proceeds from disposals of property, plant and equipment			0	0
Issuances of related party notes receivables			(20)	(37)
Repayment of related party notes receivables				0
Other, net				0
Net cash used in investing activities			(27)	(47)
Financing activities:
Proceeds from issuance of related party debt			0	0
Repayment of related party debt				0
Proceeds from (Repayments of) Commercial Paper				0
Repurchase of shares of common stock			0	0
Cash paid for shares not yet received				0
Dividends paid			0	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Excess tax benefit on stock-based compensation			0	0
Other, net			0
Net cash used in financing activities			0	0
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(3)	2
Effect of exchange rate changes on cash and cash equivalents			(3)	0
Cash and cash equivalents at beginning of year			51	65
Cash and cash equivalents at end of period	45	67	45	67
Eliminations [Member]
Condensed Consolidating Statements of Income
Net sales	(6)	(8)	(14)	(16)
Cost of sales	(6)	(8)	(14)	(16)
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Other operating income, net	0	0	0	0
Income from operations	0	0	0	0
Interest expense	(11)	(11)	(23)	(22)
Interest income	11	11	23	22
Other expense (income), net	0	0	0	0
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	0	0	0	0
Provision for income taxes	0	0	0	0
Income before equity in earnings of unconsolidated subsidiaries	0	0	0	0
Equity in earnings of consolidated subsidiaries	(258)	(247)	(435)	(423)
Equity in earnings of unconsolidated subsidiaries, net of tax	0	0	0	0
Net income	(258)	(247)	(435)	(423)
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	(252)	(266)	(367)	(423)
Current assets:
Cash and Cash Equivalents, at Carrying Value	0	0	0	0	0	0	$ 0
Accounts receivable:
Trade, net					0	0
Other					0	0
Related party receivable					(20)	(20)
Inventories					0	0
Deferred tax assets					(6)	(1)
Prepaid expenses and other current assets					(218)	(208)
Total current assets					(244)	(229)
Property, plant and equipment, net					0	0
Investments in consolidated subsidiaries					(7,211)	(6,806)
Investments in unconsolidated subsidiaries					0	0
Goodwill					0	0
Other intangible assets, net					0	0
Long-term receivable, related parties					(8,548)	(8,060)
Other non-current assets					0	0
Non-current deferred tax assets					(20)	(23)
Total assets					(16,023)	(15,118)
Current liabilities:
Accounts payable					0	0
Related party payable					(20)	(20)
Deferred revenue					0	0
Short-term borrowings and current portion of long-term obligations					0	0
Income taxes payable					(218)	(208)
Other current liabilities					(6)	(1)
Total current liabilities					(244)	(229)
Long-term obligations to third parties					0	0
Long-term obligations to related parties					(8,548)	(8,060)
Non-current deferred tax liabilities					(20)	(23)
Non-current deferred revenue					0	0
Other non-current liabilities					0	0
Total liabilities					(8,812)	(8,312)
Total stockholders' equity					(7,211)	(6,806)
Total liabilities and stockholders' equity					$ (16,023)	$ (15,118)
Operating activities:
Net cash (used in) provided by operating activities			0	0
Investing activities:
Purchase of property, plant and equipment			0	0
Payments to acquire cost method investment			0
Purchase of intangible assets			0	0
Return of capital				0
Proceeds from disposals of property, plant and equipment			0	0
Issuances of related party notes receivables			488	497
Repayment of related party notes receivables				(5)
Other, net				0
Net cash used in investing activities			488	492
Financing activities:
Proceeds from issuance of related party debt			(488)	(497)
Repayment of related party debt				5
Proceeds from (Repayments of) Commercial Paper				0
Repurchase of shares of common stock			0	0
Cash paid for shares not yet received				0
Dividends paid			0	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Excess tax benefit on stock-based compensation			0	0
Other, net			0
Net cash used in financing activities			(488)	(492)
Cash and cash equivalents - net change from:
Operating, investing and financing activities			0	0
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			0	0
Cash and cash equivalents at end of period	$ 0	$ 0	$ 0	$ 0