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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2014	Feb. 17, 2015	Jun. 30, 2014
DEI [Abstract]
Entity Registrant Name	Dr Pepper Snapple Group, Inc.
Entity Central Index Key	0001418135
Document Type	10-K
Document Period End Date	Dec. 31, 2014
Amendment Flag	false
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
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 Public Float			$ 11,403,612,484
Entity Common Stock, Shares Outstanding		192,962,748

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Statement [Abstract]
Net sales	$ 1,509	$ 1,583	$ 1,631	$ 1,398	$ 1,463	$ 1,543	$ 1,611	$ 1,380	$ 6,121	$ 5,997	$ 5,995
Cost of sales									2,491	2,499	2,500
Gross profit	895	925	966	844	880	893	935	790	3,630	3,498	3,495
Selling, general and administrative expenses									2,334	2,272	2,268
Multi-employer pension plan withdrawal									0	56	0
Depreciation and amortization									115	115	124
Other operating expense, net									1	9	11
Income from operations									1,180	1,046	1,092
Interest expense									109	123	125
Interest income									(2)	(2)	(2)
Other expense (income), net									0	383	(9)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									1,073	542	978
Provision (benefit) for income taxes									371	(81)	349
Income before equity in earnings of unconsolidated subsidiaries									702	623	629
Equity in earnings of unconsolidated subsidiaries, net of tax									1	1	0
Equity in earnings of consolidated subsidiaries									0	0	0
Net income	$ 150	$ 188	$ 210	$ 155	$ 156	$ 207	$ 155	$ 106	$ 703	$ 624	$ 629
Earnings per common share:
Basic	$ 0.77	$ 0.97	$ 1.07	$ 0.78	$ 0.78	$ 1.02	$ 0.76	$ 0.52	$ 3.59	$ 3.08	$ 2.99
Diluted	$ 0.77	$ 0.96	$ 1.06	$ 0.78	$ 0.78	$ 1.01	$ 0.76	$ 0.51	$ 3.56	$ 3.05	$ 2.96
Weighted average common shares outstanding:
Basic									195.8	202.9	210.6
Diluted									197.4	204.5	212.3

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net income	$ 150	$ 188	$ 210	$ 155	$ 156	$ 207	$ 155	$ 106	$ 703	$ 624	$ 629
Foreign currency translation adjustments									(44)	(9)	19
Net change in pension liability, net of tax									(7)	23	(8)
Net change in cash flow hedges, net of tax									2	8	(11)
Total other comprehensive income (loss), net of tax									(49)	22	0
Comprehensive income									$ 654	$ 646	$ 629

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Pension liability tax (benefit) expense	$ (4)	$ 12	$ (4)
Cashflow hedge tax (benefit) expense	$ 1	$ 4	$ (6)

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 237	$ 153
Accounts receivable:
Trade, net	556	564
Other	61	58
Inventories	204	200
Deferred tax assets	67	66
Prepaid expenses and other current assets	86	78
Total current assets	1,211	1,119
Property, plant and equipment, net	1,141	1,173
Investments in unconsolidated subsidiaries	14	15
Goodwill	2,990	2,988
Other intangible assets, net	2,684	2,694
Other non-current assets	159	127
Non-current deferred tax assets	74	85
Total assets	8,273	8,201
Current liabilities:
Accounts payable	289	271
Deferred revenue	64	65
Short-term borrowings and current portion of long-term obligations	3	66
Income taxes payable	10	33
Other current liabilities	672	595
Total current liabilities	1,038	1,030
Long-term obligations	2,588	2,508
Non-current deferred tax liabilities	801	755
Non-current deferred revenue	1,250	1,318
Other non-current liabilities	302	313
Total liabilities	5,979	5,924
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued	0	0
Common stock, $0.01 par value, 800,000,000 shares authorized, 192,957,696 and 197,979,971 shares issued and outstanding for 2014 and 2013, respectively	2	2
Additional paid-in capital	658	970
Retained earnings	1,771	1,393
Accumulated other comprehensive loss	(137)	(88)
Total stockholders' equity	2,294	2,277
Total liabilities and stockholders' equity	$ 8,273	$ 8,201

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2014	Dec. 31, 2013
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	192,957,696	197,979,971
Common stock, shares outstanding	192,957,696	197,979,971

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating activities:
Net income	$ 703	$ 624	$ 629
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	199	196	203
Amortization expense	36	38	37
Amortization of deferred revenue	(65)	(65)	(65)
Employee stock-based compensation expense	48	37	35
Deferred income taxes	43	138	91
Other, net	21	35	(18)
Changes in assets and liabilities, net of effects of acquisition:
Trade accounts receivable	0	(13)	36
Other accounts receivable	(5)	(9)	1
Inventories	(8)	(3)	17
Other current and non-current assets	(25)	456	(21)
Other current and non-current liabilities	58	(556)	(7)
Trade accounts payable	29	(6)	12
Income taxes payable	(12)	(6)	(468)
Net cash provided by operating activities	1,022	866	482
Investing activities:
Acquisition of business	(19)	(10)	0
Purchase of property, plant and equipment	(170)	(179)	(217)
Purchase of intangible assets	(1)	(5)	(7)
Proceeds from disposals of property, plant and equipment	8	1	7
Other, net	(3)	(2)	0
Net cash used in investing activities	(185)	(195)	(217)
Financing activities:
Proceeds from issuance of senior unsecured notes	0	0	500
Repayment of senior unsecured notes	0	(250)	(450)
Proceeds from (Repayments of) Commercial Paper	(65)	65	0
Repurchase of shares of common stock	(400)	(400)	(400)
Dividends paid	(317)	(302)	(284)
Tax withholdings related to net share settlements of certain stock awards	(16)	(13)	0
Proceeds from stock options exercised	41	15	22
Excess tax benefit on stock-based compensation	11	6	16
Deferred financing charges paid	0	0	(4)
Other, net	(1)	(1)	(3)
Net cash used in financing activities	(747)	(880)	(603)
Cash and cash equivalents - net change from:
Operating, investing and financing activities	90	(209)	(338)
Effect of exchange rate changes on cash and cash equivalents	(6)	(4)	3
Cash and cash equivalents at beginning of year	153	366	701
Cash and cash equivalents at end of period	$ 237	$ 153	$ 366

Consolidated Statements of Changes in Stockholders' Equity - 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, 2011		212.1
Total equity at beginning of period at Dec. 31, 2011		$ 2	$ 1,631	$ 740	$ (110)	$ 2,263
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee stock-based compensation plans and other		2.7
Stock issued for acquisition of business	$ 0
Net income	629			629		629
Other Comprehensive Income (Loss), Net of Tax	0				0	0
Value of dividend equivalent units declared			4
Dividends declared, cash				(289)		(285)
Stock options exercised and stock-based compensation expense, net of tax			73			73
Common stock repurchases, shares		(9.5)
Common stock repurchases, value			(400)			(400)
Shares issued at end of period at Dec. 31, 2012		205.3
Total equity at end of period at Dec. 31, 2012		$ 2	1,308	1,080	(110)	2,280
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee stock-based compensation plans and other		1.1
Stock Issued During Period, Shares, Acquisitions		0.3
Stock issued for acquisition of business	13		13			13
Net income	624			624		624
Other Comprehensive Income (Loss), Net of Tax	22				22	22
Value of dividend equivalent units declared			4
Dividends declared, cash				(311)		(307)
Stock options exercised and stock-based compensation expense, net of tax			45			45
Common stock repurchases, shares		(8.7)
Common stock repurchases, value			(400)			(400)
Shares issued at end of period at Dec. 31, 2013		198.0
Total equity at end of period at Dec. 31, 2013	2,277	$ 2	970	1,393	(88)	2,277
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee stock-based compensation plans and other		1.8
Stock issued for acquisition of business	0
Net income	703			703		703
Other Comprehensive Income (Loss), Net of Tax	(49)				(49)	(49)
Value of dividend equivalent units declared			4
Dividends declared, cash				(325)		(321)
Stock options exercised and stock-based compensation expense, net of tax			84			84
Common stock repurchases, shares		(6.8)
Common stock repurchases, value			(400)			(400)
Shares issued at end of period at Dec. 31, 2014		193.0
Total equity at end of period at Dec. 31, 2014	$ 2,294	$ 2	$ 658	$ 1,771	$ (137)	$ 2,294

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements of Stockholders' Equity [Abstract]
Dividends declared per share	$ 1.64	$ 1.52	$ 1.36
Stock options and stock-based compensation tax benefit	$ 11	$ 6	$ 16

Business and Basis of Presentation	12 Months Ended
Business and Basis of Presentation	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation References in the Notes to Audited Consolidated Financial Statements to "DPS" or "the Company" refer to Dr Pepper Snapple Group, Inc. and all entities included in the Audited Consolidated Financial Statements. Cadbury plc and Cadbury Schweppes plc are hereafter collectively referred to as "Cadbury" unless otherwise indicated. Kraft Foods Inc. acquired Cadbury on February 2, 2010 and on October 1, 2012, Kraft Foods Inc. spun-off its North American grocery business to its shareholders and changed its name to Mondelēz International, Inc. ("Mondelēz"). The Notes to Audited Consolidated Financial Statements refer 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. Nature of Operations DPS is a leading integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States ("U.S."), Canada, and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks ("CSDs") and non-carbonated beverages ("NCBs"), including ready-to-drink teas, juices, juice drinks, mixers and water. The Company's brand portfolio includes popular CSD brands such as Dr Pepper, Canada Dry, 7UP, Squirt, Peñafiel, Crush, A&W, Sunkist soda and Schweppes, and NCB brands such as Snapple, Hawaiian Punch, Mott's, Clamato, Mr & Mrs T mixers and Rose's. We were incorporated in Delaware on October 24, 2007. In 2008, Cadbury separated its beverage business in the U.S., Canada, Mexico and the Caribbean (the "Americas Beverages business") from its global confectionery business by contributing the subsidiaries that operated its Americas Beverages business to us. 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 the prior year. The Company's financing of the VIE, which eliminates in consolidation, was used by the VIE to purchase certain property, plant and equipment. The assets and liabilities of the VIE were not significant to the Company’s consolidated financial statements. 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. Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). 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. The Company has evaluated subsequent events through the date of issuance of the Company's Audited Consolidated Financial Statements.

Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

Significant Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

Significant Accounting Policies

Use of Estimates

The process of preparing DPS' 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.

Cash and Cash Equivalents

Cash and cash equivalents include cash and investments in short-term, highly liquid securities, with original maturities of three months or less.

The Company is exposed to potential risks associated with its cash and cash equivalents. DPS places its cash and cash equivalents with high credit quality financial institutions. Deposits with these financial institutions may exceed the amount of insurance provided; however, these deposits typically are redeemable upon demand and, therefore, the Company believes the financial risks associated with these financial instruments are minimal.

Trade Accounts Receivable and Allowance for Doubtful Accounts

Trade accounts receivable are recorded at the invoiced amount and do not bear interest.

The Company is exposed to potential credit risks associated with its accounts receivable, as it generally does not require collateral on its accounts receivable. The Company determines the required allowance for doubtful collections using information such as its customer credit history and financial condition, industry and market segment information, economic trends and conditions and credit reports. Allowances can be affected by changes in the industry, customer credit issues or customer bankruptcies. Account balances are charged against the allowance when it is determined that the receivable will not be recovered. The Company has not experienced significant credit related losses.

Activity in the allowance for doubtful accounts during the years ended December 31, 2014, 2013 and 2012 was as follows (in millions):



	2014			2013			2012
Balance, beginning of the year	$	3		$	3		$	3
Net charge to costs and expenses	1			1			2
Write-offs and adjustments	(2		)	(1		)	(2		)
Balance, end of the year	$	2		$	3		$	3

As of December 31, 2014 and 2013, Wal-Mart Stores, Inc. ("WalMart") accounted for approximately $67 million and $64 million of trade receivables, respectively, which exceeded 10% of the Company's total trade accounts receivable.

Inventories

Inventories are stated at the lower of cost or market value. Cost is primarily determined for inventories of the Company's U.S. subsidiaries by the last-in, first-out ("LIFO") valuation method. The cost for inventories of the Company's foreign subsidiaries is determined by the first-in, first-out ("FIFO") valuation method. The costs of finished goods inventories include raw materials, direct labor and indirect production and overhead costs. Reserves for excess and obsolete inventories are based on an assessment of slow-moving and obsolete inventories, determined by historical usage and demand. Excess and obsolete inventory reserves were $2 million as of December 31, 2014 and 2013. Refer to Note 4 for additional information.

Property, Plant and Equipment, Net

Property, plant and equipment is stated at cost plus capitalized interest on borrowings during the actual construction period of major capital projects, net of accumulated depreciation. Significant improvements which substantially extend the useful lives of assets are capitalized. The costs of major rebuilds and replacements of plant and equipment are capitalized and expenditures for repairs and maintenance which do not improve or extend the life of the assets are expensed as incurred. When property, plant and equipment is sold or retired, the costs and the related accumulated depreciation are removed from the accounts, and any net gain or loss is recorded in other operating expense, net in the Consolidated Statements of Income. Refer to Note 5 for additional information.

For financial reporting purposes, depreciation is computed on the straight-line method over the estimated useful asset lives as follows:



Type of Asset	Useful Life
Buildings			40 years
Building improvements	5	to	35 years
Machinery and equipment	3	to	23 years
Vehicles	5	to	12 years
Cold drink equipment	3	to	7 years
Computer software	3	to	8 years

Leasehold improvements are depreciated over the shorter of the estimated useful life of the assets or the lease term. Estimated useful lives are periodically reviewed and, when warranted, are updated.

The Company periodically reviews long-lived assets for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. In order to assess recoverability, DPS compares the estimated undiscounted future pre-tax cash flows from the use of the asset or group of assets, as defined, to the carrying amount of such assets. Measurement of an impairment loss is based on the excess of the carrying amount of the asset or group of assets over the long-lived asset's fair value. As of December 31, 2014 and 2013, no analysis was warranted.

Goodwill and Other Intangible Assets

The Company classifies intangible assets into two categories: (1) intangible assets with definite lives subject to amortization and (2) intangible assets with indefinite lives not subject to amortization. The majority of the Company's intangible asset balance is made up of brands which the Company has determined to have indefinite useful lives. In arriving at the conclusion that a brand has an indefinite useful life, management reviews factors such as size, diversification and market share of each brand. Management expects to acquire, hold and support brands for an indefinite period through consumer marketing and promotional support. The Company also considers factors such as its ability to continue to protect the legal rights that arise from these brand names indefinitely or the absence of any regulatory, economic or competitive factors that could truncate the life of the brand name. If the criteria are not met to assign an indefinite life, the brand is amortized over its expected useful life.

Identifiable intangible assets deemed by the Company to have determinable finite useful lives are amortized on a straight-line basis over their estimated useful lives as follows:



Type of Intangible Asset	Useful Life
Brands			10 years
Customer relationships			10 years
Distribution rights	5	to	15 years

DPS conducts tests for impairment in accordance with U.S. GAAP. For intangible assets with definite lives, tests for impairment are performed if conditions exist that indicate the carrying value may not be recoverable. For goodwill and indefinite-lived intangible assets, the Company conducts tests for impairment annually, as of October 1, or more frequently if events or circumstances indicate the carrying amount may not be recoverable. We use present value and other valuation techniques to make this assessment.

The tests for impairment include significant judgment in estimating the fair value of reporting units and intangible assets primarily by analyzing forecasts of future revenues and profit performance. Fair value is based on what the reporting units and intangible assets would be worth to a third party market participant. Discount rates are based on a weighted average cost of equity and cost of debt, adjusted with various risk premiums. Management's estimates of fair value, which fall under Level 3, are based on historical and projected operating performance. Refer to Note 7 for additional information.

Capitalized Customer Incentive Programs

The Company provides support to certain customers to cover various programs and initiatives to increase net sales, including contributions to customers or vendors for cold drink equipment used to market and sell the Company's products. These programs and initiatives generally directly benefit the Company over a period of time. Accordingly, costs of these programs and initiatives are recorded in prepaid expenses and other current assets and other non-current assets in the Consolidated Balance Sheets. The costs for these programs are amortized over the period to be directly benefited based upon a methodology consistent with the Company's contractual rights under these arrangements.

These programs and initiatives recorded in the current and non-current assets within the Consolidated Balance Sheets were $73 million and $83 million, net of accumulated amortization, as of December 31, 2014 and 2013, respectively. The amortization charge for the cost of contributions to customers or vendors for cold drink equipment was $4 million, $3 million and $5 million during the years ended December 31, 2014, 2013 and 2012, respectively, and was recorded in selling, general and administrative ("SG&A") expenses in the Consolidated Statements of Income. The amortization charge for the cost of other programs and incentives was $13 million, $15 million and $17 million during the years ended December 31, 2014, 2013 and 2012, respectively, and was recorded as a deduction from gross sales.

Derivatives

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 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 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 as a hedging instrument, which creates an economic hedge, or 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 swap agreements 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 at the time the derivative contract is entered into, and at least quarterly thereafter, whether the derivative instrument is effective in offsetting the changes in fair value or cash flows. DPS also 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, it would continue to be carried on the balance sheet at fair value until settled, but hedge accounting would be discontinued prospectively. If the underlying hedged transaction ceases to exist, any associated amounts reported in AOCL are reclassified to earnings at that time. Refer to Note 10 for additional information.

Fair Value

The fair value of senior unsecured notes and marketable securities as of December 31, 2014 and 2013 are based on quoted market prices for publicly traded securities.

The Company estimates fair values of financial instruments measured at fair value in the financial statements on a recurring basis to ensure they are calculated based on market rates to settle the instruments. These values represent the estimated amounts DPS would pay or receive to terminate agreements, taking into consideration current market rates and creditworthiness. The fair value for financial instruments categorized as Level 1 is based on quoted prices in active markets for identical assets or liabilities. The fair value of financial instruments categorized as Level 2 is determined using valuation techniques based on inputs derived from observable market data, quoted market prices for similar instruments or pricing models, such as discounted cash flow techniques. Refer to Note 15 for additional information.

Transfers between levels are recognized at the end of each reporting period.

Pension and Postretirement Benefits

The Company has U.S. and foreign pension and postretirement benefit plans which provide benefits to a defined group of employees who satisfy age and length of service requirements at the discretion of the Company. As of December 31, 2014, the Company has several stand-alone non-contributory defined benefit plans and postretirement medical plans. Depending on the plan, pension and postretirement benefits are based on a combination of factors, which may include salary, age and years of service.

Pension expense has been determined in accordance with the principles of U.S. GAAP. The Company's policy is to fund pension plans in accordance with the requirements of the Employee Retirement Income Security Act of 1974, as amended. Employee benefit plan obligations and expenses included in the Consolidated Financial Statements are determined from actuarial analyses based on plan assumptions, employee demographic data, years of service, compensation, benefits and claims paid and employer contributions.

The expense related to the postretirement plans has been determined in accordance with U.S. GAAP and the Company accrues the cost of these benefits during the years that employees render service.

The Company participates in three multi-employer pension plans and makes contributions to those plans, which are recorded in either cost of sales or SG&A expenses. Withdrawal liabilities are recorded once the withdrawal is determined to be probable and estimable. Refer to Note 14 for additional information.

Risk Management Programs

The Company retains selected levels of property, casualty, workers' compensation, health and other business risks. Many of these risks are covered under conventional insurance programs with high deductibles or self-insured retentions. Accrued liabilities related to the retained casualty and health risks are calculated based on loss experience and development factors, which contemplate a number of variables including claim history and expected trends. As of December 31, 2014 and 2013, the Company had accrued liabilities related to the retained risks of $136 million, including both other current and long-term liabilities. As of December 31, 2014 and 2013, the Company recorded receivables of $35 million for insurance recoveries related to these retained risks.

Income Taxes

Income taxes are accounted for using the asset and liability approach under U.S. GAAP. This method involves determining the temporary differences between assets and liabilities recognized for financial reporting and the corresponding amounts recognized for tax purposes and computing the tax-related carryforwards at the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The resulting amounts are deferred tax assets or liabilities. The total of taxes currently payable per the tax return, the deferred tax expense or benefit and the impact of uncertain tax positions represents the income tax expense or benefit for the year for financial reporting purposes.

The Company periodically assesses the likelihood of realizing its deferred tax assets based on the amount that the Company believes is more likely than not to be realized. The Company bases its judgment of the recoverability of its deferred tax assets primarily on historical earnings, its estimate of current and expected future earnings and prudent and feasible tax planning strategies. Refer to Note 12 for additional information.

DPS' effective income tax rate may fluctuate on a quarterly and/or annual basis due to various factors, including, but not limited to, total earnings and the mix of earnings by jurisdiction, the timing of changes in tax laws and the amount of tax provided for uncertain tax positions.

The Company establishes income tax liabilities to remove some or all of the income tax benefit of any of the Company's income tax positions at the time DPS determines that the positions become uncertain based upon one of the following: (1) the tax position is not "more likely than not" to be sustained, (2) the tax position is "more likely than not" to be sustained, but for a lesser amount, or (3) the tax position is "more likely than not" to be sustained, but not in the financial period in which the tax position was originally taken. The Company's evaluation of whether or not a tax position is uncertain is based on the following: (1) DPS presumes the tax position will be examined by the relevant taxing authority such as the Internal Revenue Service ("IRS") that has full knowledge of all relevant information, (2) the technical merits of a tax position are derived from authorities such as legislation and statutes, legislative intent, regulations, rulings and case law and their applicability to the facts and circumstances of the tax position, and (3) each tax position is evaluated without considerations of the possibility of offset or aggregation with other tax positions taken. The Company adjusts these income tax liabilities when the Company's judgment changes as a result of new information. Any change will impact income tax expense in the period in which such determination is made.

Revenue Recognition

The Company recognizes sales revenue when all of the following have occurred: (1) delivery; (2) persuasive evidence of an agreement exists; (3) pricing is fixed or determinable; and (4) collection is reasonably assured. Delivery is not considered to have occurred until the title and the risk of loss passes to the customer. Net sales are reported net of costs associated with customer marketing programs and incentives, as described below, as well as sales taxes and other similar taxes.

Multiple deliverables were included in the arrangements entered into with PepsiCo, Inc. ("PepsiCo") and The Coca-Cola Company ("Coca-Cola") during 2010. In these cases, the Company first determined whether each deliverable met the separation criteria under U.S. GAAP. The primary requirement for a deliverable to meet the separation criteria is if the deliverable has stand-alone value to the customer. Each deliverable that meets the separation criteria is considered a separate "unit of accounting". As the sale of the manufacturing and distribution rights and the ongoing sales of concentrate would not have stand-alone value to the customer, both deliverables were determined to represent a single element of accounting for purposes of revenue recognition. The one-time nonrefundable cash receipts from PepsiCo and Coca-Cola were therefore recorded as deferred revenue and are recognized as net sales ratably over the estimated 25-year life of the customer relationship.

Customer Marketing Programs and Incentives

The Company offers a variety of incentives and discounts to bottlers, customers and consumers through various programs to support the distribution of its products. These incentives and discounts include cash discounts, price allowances, volume based rebates, product placement fees and other financial support for items such as trade promotions, displays, new products, consumer incentives and advertising assistance. These incentives and discounts are reflected as a reduction of gross sales to arrive at net sales. The aggregate deductions from gross sales recorded in relation to these programs were approximately $3,682 million, $3,618 million and $3,751 million during the years ended December 31, 2014, 2013 and 2012, respectively. The amounts of trade spend are larger in the Packaged Beverages segment than those related to other parts of our business. Accruals are established for the expected payout based on contractual terms, volume-based metrics and/or historical trends and require management judgment with respect to estimating customer participation and performance levels.

Transportation and Warehousing Costs

The Company incurred $802 million, $776 million and $775 million of transportation and warehousing costs during the years ended December 31, 2014, 2013 and 2012, respectively. These amounts, which primarily relate to shipping and handling costs, are recorded in SG&A expenses in the Consolidated Statements of Income.

Advertising and Marketing Expense

Advertising and marketing production costs related to television, print, radio and other marketing investments are expensed as of the first date the advertisement takes place. All other advertising and marketing costs are expensed as incurred. Advertising and marketing expense was approximately $473 million, $486 million and $481 million during the years ended December 31, 2014, 2013 and 2012, respectively. These expenses are recorded in SG&A expenses in the Consolidated Statements of Income. As of December 31, 2014 and 2013, prepaid advertising and marketing costs of approximately $17 million and $12 million, respectively, were recorded as other current and non-current assets in the Consolidated Balance Sheets.

Research and Development Costs

Research and development costs are expensed when incurred and amounted to $18 million, $21 million and $21 million for the years ended December 31, 2014, 2013 and 2012, respectively. These expenses are recorded when incurred in SG&A expenses in the Consolidated Statements of Income.

Stock-Based Compensation Expense

The Company accounts for its stock-based compensation plans in accordance with U.S. GAAP, which requires the recognition of compensation expense in the Consolidated Statements of Income related to the fair value of employee stock-based awards. Compensation cost is based on the grant-date fair value, which is estimated using the Black-Scholes option pricing model for stock options. The fair value of restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs") is determined based on the number of units granted and the grant date price of common stock. Stock-based compensation expense is recognized ratably, less estimated forfeitures, over the vesting period in the Consolidated Statements of Income. Stock-based compensation expense for PSUs is adjusted quarterly based on the current estimate of performance compared to the target metric. Refer to Note 16 for additional information .

Deferred Compensation Plan

Employee and employer matching contributions under the supplemental savings plan ("SPP") are maintained in a rabbi trust and are not readily available to us. Participants can direct the investment of their deferred compensation plan accounts in the same investments funds offered by the DPS' Savings Incentive Plan (the "SIP"). Although participants direct the investment of these funds, they are classified as trading securities and are included in other non-current assets. The corresponding liability related to the deferred compensation plan is recorded in other non-current liabilities. Gains and losses in connection with these trading securities are recorded in other expense (income), net, with an offset for the same amount recorded in SG&A expenses. We had deferred compensation plan assets of $25 million and $21 million as of December 31, 2014 and 2013, respectively. Gains associated with these trading securities were $1 million and $2 million for the years ended December 31, 2014 and 2013, respectively.

Foreign Currency Translation

The functional currency of the Company's operations outside the U.S. is generally the local currency of the country where the operations are located. The balance sheets of operations outside the U.S. are translated into U.S. Dollars at the end of year rates. The results of operations are translated into U.S. dollars at a monthly average rate, calculated using daily exchange rates.

The following table sets forth exchange rate information for the periods and currencies indicated:



Mexican Peso to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	14.74	13.31
2013	13.08	12.77
2012	12.97	13.15



Canadian Dollar to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	1.16	1.10
2013	1.06	1.03
2012	0.99	1.00

Differences arising from the translation of opening balance sheets of these entities to the rate ruling at the end of the financial year are recognized in AOCL. The differences arising from the translation of foreign results at the average rate are also recognized in AOCL. Such translation differences are recognized as income or expense in the period in which the Company disposes of the operations.

Transactions in foreign currencies are recorded at the approximate rate of exchange at the transaction date. Assets and liabilities resulting from these transactions are translated at the rate of exchange in effect at the balance sheet date. All such differences are recorded in results of operations.

Recently Issued Accounting Standards

In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) ("ASU 2014-08"). The amendments in ASU 2014-08 provide guidance for the recognition and disclosure of discontinued operations. ASU 2014-08 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. The Company does not anticipate a material impact to the Company's financial position, results of operations or cash flows as a result of this change.

In May 2014, the FASB issued 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 and is effective for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is not permitted. The Company is currently evaluating the impact that this standard will have on the consolidated financial statements.

In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), to provide guidance on management's responsibility to perform interim and annual assessments of an entity’s ability to continue as a going concern and to provide related disclosure requirements. ASU 2014-15 applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. Management does not expect adoption of the standard to have a significant impact on the consolidated financial statements.

Recently Adopted Provisions of U.S. GAAP

In accordance with U.S. GAAP, the following provisions, which had no material impact on the Company's financial position, results of operations or cash flows, were effective as of January 1, 2014:

•the requirement to provide disclosures related to obligations resulting from joint and several liability arrangements from which the total amount of the obligation is fixed at the reporting date; and

•the requirement related to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists.

Acquisition

12 Months Ended

Dec. 31, 2014

Business Acquisitions [Abstract]

Acquisition

Acquisitions

2014 Acquisition

On October 31, 2014, the Company acquired certain assets and liabilities of Davis Beverages Group, Inc. and Davis Bottling Co., Inc. (“Davis”) to strengthen the Company’s route to market in the U.S. and support efforts to build and enhance the Company's leading brands. The fair value of the consideration paid for this acquisition was $21 million and was settled by $19 million in cash and a $2 million holdback liability to satisfy any working capital adjustments and applicable indemnification claims, pursuant to the terms of the purchase agreement.

The following table summarizes the preliminary allocation of fair value of the assets acquired and liabilities assumed by major class for the acquisition (in millions):



	Fair Value		Useful Life
Property, plant & equipment	$	10	1 - 10 years
Distribution rights: indefinite-lived	3		—
Goodwill	5		—
Current assets, net of current liabilities assumed	3		—
Total	$	21

The acquisition was accounted for as a business combination, and the identifiable assets acquired and liabilities assumed were recorded at their estimated fair values at the date of acquisition. The excess of the purchase price over the estimated fair values was recorded as goodwill.

In connection with this acquisition, the Company recorded goodwill of $5 million, which is deductible for tax purposes. The Company also recorded $3 million in intangible assets related to distribution rights.

The Company has not presented pro forma results of operations for the acquisition because it is not material to the Company's Consolidated Financial Statements.

2013 Acquisition

On February 25, 2013, the Company acquired certain assets of Dr. Pepper/7-Up Bottling Company of the West ("DP/7UP West") to strengthen the Company's route-to-market in the U.S. and support efforts to build and enhance the Company's leading brands. The fair value of the consideration paid for this acquisition was $23 million, consisting of the issuance by the Company of 313,105 shares of common stock to DP/7UP West and $10 million in cash. The fair value of the common stock issued was determined using the closing stock price on the acquisition date.

The following table summarizes the allocation of fair value of the assets acquired and liabilities assumed by major class for the acquisition (in millions):



	Fair Value			Useful Life
Property, plant & equipment	$	7		3 - 40 years
Distribution rights: definite-lived	2			5 - 15 years
Distribution rights: indefinite-lived	10			—
Goodwill	5			—
Current liabilities, net of current assets assumed	(1		)	—
Total	$	23

In connection with this acquisition, the Company recorded goodwill of $5 million, which is not deductible for tax purposes. The Company also recorded $12 million in intangible assets related to distribution rights. DP/7UP West has 20,780 shares of the Company's common stock remaining in an escrow account to satisfy certain working capital adjustments and applicable indemnification claims, pursuant to the terms of the purchase agreement.

The Company has not presented pro forma results of operations for the acquisition because it is not material to the Company's Consolidated Financial Statements.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

+ Details

Inventories

12 Months Ended

Dec. 31, 2014

Inventory, Net [Abstract]

Inventories

Inventories as of December 31, 2014 and 2013 consisted of the following (in millions):



	December 31,			December 31,
	2014			2013
Raw materials	$	92		$	86
Spare parts	18			22
Work in process	5			4
Finished goods	126			122
Inventories at FIFO cost	241			234
Reduction to LIFO cost	(37		)	(34		)
Inventories	$	204		$	200

Approximately $151 million and $154 million of the Company's inventory was accounted for under the LIFO method of accounting as of December 31, 2014 and 2013, respectively. The reduction to LIFO cost reflects the excess of the current cost of LIFO inventories as of December 31, 2014 and 2013, over the amount at which these inventories were valued on the Consolidated Balance Sheets. For the year ended December 31, 2014, there was no LIFO inventory liquidation. For the year ended December 31, 2013, a LIFO inventory liquidation increased the Company's gross profit by $38 million.

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property, Plant and Equipment

Net property, plant and equipment consisted of the following as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Land	$	73		$	73
Buildings and improvements	488			483
Machinery and equipment	1,389			1,302
Cold drink equipment	299			310
Software	244			221
Construction in progress	49			63
Gross property, plant and equipment	2,542			2,452
Less: accumulated depreciation and amortization	(1,401		)	(1,279		)
Net property, plant and equipment	$	1,141		$	1,173

Buildings and improvements included $49 million of assets at cost under capital lease as of December 31, 2014 and 2013. Machinery and equipment included $37 million and $7 million of assets at cost under capital lease as of December 31, 2014 and 2013, respectively. The net book value of assets under capital lease was $77 million and $50 million as of December 31, 2014 and 2013, respectively.

Depreciation expense amounted to $199 million, $196 million and $203 million for the years ended December 31, 2014, 2013 and 2012, respectively. Depreciation expense was comprised of $89 million, $86 million and $84 million in cost of sales on the Consolidated Statements of Income in 2014, 2013 and 2012, respectively. Depreciation expense of $110 million in 2014 and 2013 and $119 million in 2012 was included in depreciation and amortization on the Consolidated Statements of Income. The depreciation expense above also includes the charge to income resulting from amortization of assets recorded under capital leases.

Capitalized interest was $2 million during 2014 and 2012 and $1 million during 2013.

Investments in Unconsolidated Subsidiaries	12 Months Ended
Investments in Unconsolidated Subsidiaries	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	Investments in Unconsolidated Subsidiaries The Company has an investment in a 50% owned Mexican joint venture with Acqua Minerale San Benedetto which gives it the ability to exercise significant influence over operating and financial policies of the investee. The joint venture is not a variable interest entity and the investment represents a noncontrolling ownership interest and is accounted for under the equity method of accounting. The carrying value of the investment was $13 million and $14 million as of December 31, 2014 and 2013, respectively. The Company also has a 40.4% investment in Hydrive Energy, LLC ("Hydrive"). On November 16, 2012, Hydrive sold its intellectual property rights to Big Red Holdings, Inc. in exchange for earn-out payments to Hydrive based on the earnings associated with Hydrive functional beverages over the next fifteen years. The carrying value of the investment was $1 million as of December 31, 2014 and 2013. The Company's equity investments do not have a readily determinable fair value as the entities are not publicly traded. The Company's proportionate share of the net income (loss) resulting from these investments are reported under the line item captioned equity in earnings of unconsolidated subsidiaries, net of tax, in the Consolidated Statements of Income. Additionally, the Company maintains an investment accounted for under the cost method of accounting. This investment has a zero cost basis and is not within the Company's control nor does the Company have the ability to exercise significant influence over operating and financial policies. This cost method investment does not have a readily determinable fair value as the entity is not publicly traded.

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2014

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

Changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013, 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, 2013
Goodwill	$	1,732	$	1,220	$	180		$	31		$	3,163
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,220		—			31			2,983
Acquisition activity⁽²⁾	—		—		5			—			5
Balance as of December 31, 2013
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⁽³⁾	—		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

____________________________


(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 DP/7UP West. See Note 3 for further information related to the acquisition.


(3)	The acquisition activity represents the goodwill associated with the purchase of Davis. See Note 3 for further information related to the acquisition.

The net carrying amounts of intangible assets other than goodwill as of December 31, 2014 and 2013 are as follows (in millions):



	December 31, 2014							December 31, 2013
	Gross		Accumulated			Net		Gross		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Intangible assets with indefinite lives:
Brands⁽¹⁾	$	2,643	$	—		$	2,643	$	2,652	$	—		$	2,652
Distribution rights⁽²⁾	27		—			27		24		—			24
Intangible assets with finite lives:
Brands	29		(28		)	1		29		(27		)	2
Distribution rights	13		(4		)	9		12		(3		)	9
Customer relationships	76		(72		)	4		76		(69		)	7
Bottler agreements	19		(19		)	—		19		(19		)	—
Total	$	2,807	$	(123	)	$	2,684	$	2,812	$	(118	)	$	2,694

____________________________


(1)	In 2014, brands with indefinite lives decreased due to $9 million impact of foreign currency translation.


(2)	In 2014, distribution rights included $3 million indefinite-lived distribution rights associated with the purchase of Davis. See Note 3 for further information related to the acquisition.

As of December 31, 2014, 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 $5 million, $7 million and $5 million for the years ended December 31, 2014, 2013 and 2012, respectively.

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



Year	Aggregate Amortization Expense
2015	$	6
2016	3
2017	1
2018	1
2019	—

In accordance with U.S. GAAP, the Company conducts impairment tests of goodwill and indefinite-lived intangible assets annually, as of October 1, or more frequently if circumstances indicate that the carrying amount of an asset may not be recoverable. For purposes of impairment testing, DPS assigns goodwill to the reporting unit that benefits from the synergies arising from each business combination and also assigns indefinite-lived intangible assets to its reporting units. The Company defines reporting units as Beverage Concentrates, Latin America Beverages and Packaged Beverages' two reporting units, DSD and WD.

The impairment test for indefinite lived intangible assets encompasses calculating a fair value of an indefinite lived intangible asset and comparing the fair value to its carrying value. If the carrying value exceeds the estimated fair value, impairment is recorded. The impairment tests for goodwill include comparing a fair value of the respective reporting unit with its carrying value, including goodwill and considering any indefinite lived intangible asset impairment charges ("Step 1"). If the carrying value exceeds the estimated fair value, impairment is indicated and a second step analysis must be performed.

2014 Impairment Analysis

Fair value is measured based on what each intangible asset or reporting unit would be worth to a third party market participant. For the annual impairment analysis performed as of October 1, 2014, methodologies used to determine the fair values of the assets included an income based approach, as well as an overall consideration of market capitalization and the Company's enterprise value. Management's estimates of fair value, which fall under Level 3, are based on historical and projected operating performance. Discount rates were based on a weighted average cost of equity and cost of debt and were adjusted with various risk premiums. For 2014, discount rates ranged from 5.10% to 11.85%.

As of October 1, 2014, the results of the annual impairment tests indicated no impairment was required. The estimated fair value of each reporting unit exceeded the carrying value for all of the Company's goodwill by at least 50%. The results of the impairment test for brands are as follows (in millions):



Headroom Percentage	Fair Value		Carrying Value
0 - 10%	$	—	$	—
11 - 20%	—		—
21 - 50%	259		191
> 50%	14,050		2,458
	$	14,309	$	2,649

2013 Impairment Analysis

For the annual impairment analysis performed as of October 1, 2013, methodologies used to determine the fair values of the assets included an income based approach, as well as an overall consideration of market capitalization and the Company's enterprise value. Management's estimates of fair value, which fall under Level 3, are based on historical and projected operating performance. Discount rates were based on a weighted average cost of equity and cost of debt and were adjusted with various risk premiums. For 2013, discount rates ranged from 8.00% to 13.25%.

As of October 1, 2013, the results of the annual impairment tests indicated no impairment was required. The estimated fair value of each reporting unit exceeded the carrying value for all of the Company's goodwill by at least 50% except for DSD, which was 7%. The results of the impairment test for brands are as follows (in millions):



Headroom Percentage	Fair Value		Carrying Value
0 - 10%	$	—	$	—
11 - 20%	—		—
21 - 50%	918		655
> 50%	11,034		1,997
	$	11,952	$	2,652

- 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

12 Months Ended

Dec. 31, 2014

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

Prepaid expenses and other current assets and 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 as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Prepaid expenses and other current assets:
Customer incentive programs	$	18	$	24
Derivative instruments	11		21
Current assets held for sale	12		—
Other	45		33
Total prepaid expenses and other current assets	$	86	$	78
Other current liabilities:
Customer rebates and incentives	$	248	$	214
Accrued compensation	127		107
Insurance liability	46		47
Interest accrual	26		26
Dividends payable	79		75
Derivative instruments	18		13
Other	128		113
Total other current liabilities	$	672	$	595

Debt

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Debt

Long-term Obligations and Borrowing Arrangements

LONG-TERM OBLIGATIONS

The following table summarizes the Company's long-term obligations as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Senior unsecured notes⁽¹⁾	$	2,505		$	2,453
Capital lease obligations	86			56
Subtotal	2,591			2,509
Less — current portion	(3		)	(1		)
Long-term obligations	$	2,588		$	2,508

____________________________


(1)	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $34 million and $18 million as of December 31, 2014 and 2013, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 10 for further information regarding derivatives.

SHORT-TERM BORROWINGS AND CURRENT PORTION OF LONG-TERM OBLIGATIONS

The following table summarizes the Company's short-term borrowings and current portion of long-term obligations as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Commercial paper	$	—	$	65
Current portion of long-term obligations	3		1
Short-term borrowings and current portion of long-term obligations	$	3	$	66

As of December 31, 2014, the Company was in compliance with all financial covenant requirements relating to its unsecured credit agreement.

Senior Unsecured Notes

The Company's senior unsecured notes consisted of the following (in millions):



			Principal Amount		Carrying Amount
			December 31,		December 31,		December 31,
Issuance	Maturity Date	Rate	2014		2014		2013
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		248
2020 Notes	January 15, 2020	2.00%	250		245		241
2021 Notes	November 15, 2021	3.20%	250		249		241
2022 Notes	November 15, 2022	2.70%	250		265		247
2038 Notes	May 1, 2038	7.45%	250		272		252
			$	2,474	$	2,505	$	2,453

The indentures governing the senior unsecured notes, among other things, limit the Company's ability to incur indebtedness secured by principal properties, to enter into certain sale and leaseback transactions and to enter into certain mergers or transfers of substantially all of DPS' assets. The senior unsecured notes are guaranteed by substantially all of the Company's existing and future direct and indirect domestic subsidiaries. As of December 31, 2014, the Company was in compliance with all financial covenant requirements.

The 2020 and 2022 Notes

On November 20, 2012, the Company completed the issuance of $500 million aggregate principal amount of senior unsecured notes consisting of $250 million aggregate principal amount of the 2020 Notes and $250 million aggregate principal amount of the 2022 Notes. The discount associated with these notes was approximately $3 million. The net proceeds from the issuance were used to repay the aggregate principal amount of the 2.35% senior notes due December 21, 2012 (the "2012 Notes") at maturity and for general corporate purposes.

The 2019 and 2021 Notes

On November 15, 2011, the Company completed the issuance of two tranches of senior unsecured notes consisting of $250 million aggregate principal amount of the 2019 Notes and $250 million aggregate principal amount of the 2021 Notes. The discount associated with these notes was approximately $1 million. The net proceeds from the issuance were used to repay the aggregate principal amount of the 1.70% senior notes due December 21, 2011 at maturity and for general corporate purposes.

The 2016 Notes

On January 11, 2011, the Company completed the issuance of $500 million aggregate principal amount of the 2016 Notes at a discount of $1 million. The net proceeds from the issuance were used to replace a portion of the cash used to purchase the 2018 Notes tendered pursuant to the tender offer described below.

The 2018 and 2038 Notes

On April 30, 2008, the Company completed the issuance of two tranches of senior unsecured notes consisting of $1,200 million aggregate principal amount of the 2018 Notes and $250 million aggregate principal amount of the 2038 Notes.

In December 2010, the Company completed a tender offer for a portion of the 2018 Notes and retired, at a premium, an aggregate principal amount of approximately $476 million. The aggregate principal amount of the outstanding 2018 Notes was $724 million as of December 31, 2014 and 2013.

BORROWING ARRANGEMENTS

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 the Revolver, which is discussed below. 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 December 31, 2014, the Company had no outstanding Commercial Paper. As of December 31, 2013, the Company had outstanding Commercial Paper of $65 million with maturities of 90 days or less with a weighted average interest rate of 0.26%.

Unsecured Credit Agreement

On September 25, 2012, the Company entered into a five-year unsecured credit agreement (the "Credit Agreement"), which provides for a $500 million revolving line of credit (the "Revolver"). Borrowings under the Revolver bear interest at a floating rate per annum based upon the alternate base rate ("ABR") or the Eurodollar rate, in each case plus an applicable margin which varies based upon the Company's debt ratings. Rates range from 0.000% to 0.300% for ABR loans and from 0.795% to 1.300% for Eurodollar loans. The ABR is defined as the greater of (a) JPMorgan Chase Bank's prime rate, (b) the federal funds effective rate plus 0.500% and (c) the adjusted LIBOR for a one month interest period. The adjusted LIBOR is the London interbank offered rate for dollars adjusted for a statutory reserve rate set by the Board of Governors of the Federal Reserve System of the United States of America.

Additionally, the Revolver is available for the issuance of letters of credit and swingline advances not to exceed $75 million and $50 million, respectively. Swingline advances will accrue interest at a rate equal to the ABR plus the applicable margin. Letters of credit and swingline advances will reduce, on a dollar for dollar basis, the amount available under the Revolver.

The Credit Agreement further provides that the Company may request at any time, subject to the satisfaction of certain conditions, that the aggregate commitments under the facility be increased by a total amount not to exceed $250 million.

The Credit Agreement's representations, warranties, covenants and events of default are generally customary for investment grade credit and include a covenant that requires the Company to maintain a ratio of consolidated total debt (as defined in the Credit Agreement) to annualized consolidated EBITDA (as defined in the Credit Agreement) of no more than 3.00 to 1.00, tested quarterly. Upon the occurrence of an event of default, among other things, amounts outstanding under the Credit Agreement may be accelerated and the commitments may be terminated. The Company's obligations under the Credit Agreement are guaranteed by certain of the Company's direct and indirect domestic subsidiaries on the terms set forth in the Credit Agreement. The Credit Agreement has a maturity date of September 25, 2017; however, with the consent of lenders holding more than 50% of the total commitments under the Credit Agreement and subject to the satisfaction of certain conditions, the Company may extend the maturity date for up to two additional one-year terms.

The following table provides amounts utilized and available under the Revolver and each sublimit arrangement type as of December 31, 2014 (in millions):



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

An unused commitment fee is payable quarterly to the lenders on the unused portion of the commitments of the Revolver equal to 0.08% to 0.20% per annum, depending upon the Company's debt ratings. The Company incurred $1 million in unused commitment fees during the years ended December 31, 2014 and 2013.

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, effective May 23, 2013, which registered an indeterminable amount of securities for future sales. As of December 31, 2014, 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, $63 million of which was utilized as of December 31, 2014 and $77 million of which remains available for use.

Derivatives

12 Months Ended

Dec. 31, 2014

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.

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.

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. The forward starting swap is expected to be unwound at the 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 year ended December 31, 2014, 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.

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. As of December 31, 2014 and 2013, the impact of the fair value hedge on the 2038 Notes increased the carrying value by $23 million and $2 million, respectively.

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 December 31, 2014 and 2013, the impact of the fair value hedge on the 2019 and 2021 Notes decreased the carrying value by $1 million and $11 million, respectively.

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 December 31, 2014 and 2013, the impact of the fair value hedge on the 2020 Notes decreased the carrying value by $4 million and $7 million, respectively.

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 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. As of December 31, 2014 and 2013, the impact of the fair value hedge on the 2022 Notes increased the carrying value by $16 million and decreased the carrying value by $2 million, respectively.

FOREIGN EXCHANGE

Cash Flow Hedges

The Company's Canadian business purchases its inventory through transactions denominated and settled in 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 years ended December 31, 2014, 2013 and 2012, 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 12 months as of December 31, 2014. The Company had outstanding foreign exchange forward contracts with notional amounts of $10 million and $45 million as of December 31, 2014 and 2013, 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 years ended December 31, 2014, 2013 and 2012, 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 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 $160 million and $179 million as of December 31, 2014 and 2013, respectively.

FAIR VALUE OF DERIVATIVE INSTRUMENTS

The following table summarizes the location of the fair value of the Company's derivative instruments within the Consolidated Balance Sheets as of December 31, 2014 and 2013 (in millions):



	Balance Sheet Location	December 31, 2014		December 31, 2013
Assets:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts⁽¹⁾	Prepaid expenses and other current assets	$	11	$	17
Foreign exchange forward contracts	Prepaid expenses and other current assets	—		3
Interest rate contracts	Other non-current assets	29		—
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Prepaid expenses and other current assets	—		1
Total assets		$	40	$	21
Liabilities:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Other non-current liabilities	9		34
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Other current liabilities	18		13
Commodity contracts	Other non-current liabilities	8		—
Total liabilities		$	35	$	47

____________________________

(1)

Interest rate contracts as of December 31, 2014 did not include any offsetting amounts. Interest rate contracts as of December 31, 2013 include gross and offsetting amounts of $19 million and $2 million, respectively. These contracts are subject to a netting provision included within the counterparty agreements whereby the Company pays interest either quarterly or semi-annually and receives interest payments semi-annually. These payables and receivables are netted as appropriate.

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 Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 2014, 2013 and 2012 (in millions):



	Amount of (Loss) Gain Recognized in Comprehensive Income			Amount of (Loss) Gain Reclassified from AOCL into Income			Location of (Loss) Gain Reclassified from AOCL into Income
For the year ended December 31, 2014:
Interest rate contracts ⁽¹⁾	$	(2	)	$	(8	)	Interest expense
Foreign exchange forward contracts	(2		)	1			Cost of sales
Total	$	(4	)	$	(7	)

For the year ended December 31, 2013:
Interest rate contracts ⁽¹⁾	$	—		$	(7	)	Interest expense
Foreign exchange forward contracts	4			(1		)	Cost of sales
Total	$	4		$	(8	)

For the year ended December 31, 2012:
Interest rate contracts ⁽¹⁾	$	(19	)	$	(3	)	Interest expense
Foreign exchange forward contracts	(3		)	(2		)	Cost of sales
Total	$	(22	)	$	(5	)

__________________________

(1)

During the fourth quarter of 2011, the Company unwound forward starting swaps associated with the 2019 and 2021 Notes with an aggregate notional amount of $250 million. Upon termination, the Company paid $25 million to the counterparties, which will be amortized to interest expense over the term of the issued debt. During the fourth quarter of 2012, the Company unwound forward starting swaps associated with the 2020 and 2022 Notes with an aggregate notional amount of $300 million. Upon termination, the Company paid $49 million to the counterparties, which will be amortized to interest expense over the term of the issued debt.

There was no hedge ineffectiveness recognized in earnings for the years ended December 31, 2014, 2013 and 2012 with respect to derivative instruments designated as cash flow hedges. During the next 12 months, the Company expects to reclassify net losses of $8 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 Consolidated Statements of Income for the years ended December 31, 2014, 2013 and 2012 (in millions):



	Amount of Gain		Location of Gain
	Recognized in Income		Recognized in Income
For the year ended December 31, 2014:
Interest rate contracts	$	16	Interest expense
Total	$	16

For the year ended December 31, 2013:
Interest rate contracts	$	9	Interest expense
Total	$	9

For the year ended December 31, 2012:
Interest rate contracts⁽¹⁾	$	10	Interest expense
Total	$	10

____________________________


(1)	The gain recognized in interest expense included amortization of the adjustment to the carrying value of the 2012 Notes as a result of the de-designation of a $450 million notional interest rate swap related to those Notes in 2010. For the year ended December 31, 2012, the amortization of this adjustment was $2 million.

There was no hedge ineffectiveness recognized in earnings with respect to derivative instruments designated as fair value hedges for the year ended December 31, 2014. $2 million of hedge ineffectiveness was recognized in earnings with respect to derivative instruments designated as fair value hedges for the years ended December 31, 2013. For the year ended December 31, 2012, a $3 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 Consolidated Statements of Income for the years ended December 31, 2014, 2013 and 2012 (in millions):



	Amount of (Loss) Gain			Location of (Loss) Gain
	Recognized in Income			Recognized in Income
For the year ended December 31, 2014:
Commodity contracts⁽¹⁾	$	1		Cost of sales
Commodity contracts⁽¹⁾	(26		)	SG&A expenses
Total	$	(25	)

For the year ended December 31, 2013:
Commodity contracts⁽¹⁾	$	(24	)	Cost of sales
Commodity contracts⁽¹⁾	1			SG&A expenses
Total	$	(23	)

For the year ended December 31, 2012:
Commodity contracts⁽¹⁾	3			SG&A expenses
Total	$	3

____________________________


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

Refer to Note 15 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 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

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+ Details

Other Non-Current Assets and Other Non-Current Liabilities

12 Months Ended

Dec. 31, 2014

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 as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Other non-current assets:
Deferred financing costs, net	$	9	$	11
Customer incentive programs	55		59
Marketable securities - trading	25		21
Derivative instruments	29		—
Assets held for sale	—		1
Other	41		35
Total other non-current assets	$	159	$	127
Other non-current liabilities:
Long-term payables due to Mondelēz	$	37	$	47
Long-term pension and post-retirement liability	44		26
Multi-employer pension plan withdrawal liability	57		56
Insurance liability	90		89
Derivative instruments	17		34
Deferred compensation liability	25		21
Other	32		40
Total other non-current liabilities	$	302	$	313

Income Taxes

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Income Taxes

Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries was as follows (in millions):



	For the Year Ended December 31,
	2014		2013		2012
U.S.	$	958	$	436	$	880
Non-U.S.	115		106		98
Total	$	1,073	$	542	$	978

The provision (benefit) for income taxes has the following components (in millions):



	For the Year Ended December 31,
	2014		2013			2012
Current:
Federal	$	259	$	(211	)	$	215
State	49		(58		)	32
Non-U.S.	20		50			11
Total current provision (benefit)	328		(219		)	258
Deferred:
Federal	36		95			72
State	1		10			10
Non-U.S.	6		33			9
Total deferred provision	43		138			91
Total provision (benefit) for income taxes	$	371	$	(81	)	$	349

The following is a reconciliation of the provision for income taxes computed at the U.S. federal statutory tax rate to the provision (benefit) for income taxes reported in the Consolidated Statements of Income (in millions):



	For the Year Ended December 31,
	2014			2013			2012
Statutory federal income tax of 35%	$	375		$	190		$	342
Completion of 2006-2008 IRS audit	—			(463		)	—
Canada amortization law change	—			50			—
Impact of non-taxable indemnity income/non-tax deductible indemnity expense⁽¹⁾	—			137			—
State income taxes, net	32			34			35
U.S. federal domestic manufacturing benefit	(26		)	(23		)	(21		)
Impact of non-U.S. operations	(14		)	(7		)	(9		)
Indemnified taxes⁽²⁾	—			5			8
Other	4			(4		)	(6		)
Total provision (benefit) provision for income taxes	$	371		$	(81	)	$	349
Effective tax rate	34.6		%	(14.9		)%	35.7		%

____________________________

(1)

Due to the resolution of the 2006-2008 IRS audit and the Canada amortization law change in 2013, the Company recognized indemnity expense, net of $392 million as a result of the Tax Sharing and Indemnification Agreement ("Tax Indemnity Agreement"). Since the indemnity expense is not deductible for income tax purposes, the benefit for income taxes also included a permanent difference of $137 million.


(2)	Amounts represent tax expense recorded by the Company for which Mondelēz was obligated to indemnify DPS under the Tax Indemnity Agreement but excludes the amounts with respect to the completion of the 2006-2008 IRS audit and the Canada amortization law change as they are separately shown on the rate reconciliation.

The effective tax rates for the year ended December 31, 2014 and 2013 were 34.6% and (14.9)%, respectively. The primary reason for the change in the tax rates was the conclusion of an IRS audit and a Canadian law change as described below.

Due to the completion of the IRS audit for the Company's 2006-2008 federal income tax returns in August 2013, DPS recognized a federal and state income tax benefit of $463 million primarily related to decreasing its liability for unrecognized tax benefits. Additionally, in June 2013, a bill was enacted by the Canadian government, which reduced amounts amortized for income tax purposes. As a result, DPS recognized $50 million of income tax expense for the reduction of tax assets. Refer to Note 13 for additional information on the indemnity impact related to the conclusion of the IRS audit and the Canada amortization law change. When combined with the associated impact to other expense, net as referred to in footnote 1 in the table above, these two events decreased the Company's effective tax rate by 50.4% for the year ended December 31, 2013.

Deferred tax assets (liabilities) were comprised of the following as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Deferred income tax assets:
Deferred revenue	$	501		$	530
Accrued liabilities	72			70
Pension and postretirement benefits	36			29
Net operating loss and credit carryforwards	22			24
Compensation	34			22
Inventory	4			10
Other	37			35
	706			720
Deferred income tax liabilities:
Intangible assets and goodwill	(1,116		)	(1,075		)
Fixed assets	(198		)	(204		)
Other	(21		)	(12		)
	(1,335		)	(1,291		)
Valuation allowance	(31		)	(33		)
Net deferred income tax liability	$	(660	)	$	(604	)

As of December 31, 2014, the Company had $22 million in tax effected credit carryforwards and net operating loss carryforwards. Net operating loss and credit carryforwards will expire in periods beyond the next five years.

The Company had a deferred tax valuation allowance of $31 million and $33 million as of December 31, 2014 and 2013, respectively. A valuation allowance of $12 million relates to a foreign operation and was established as part of the separation transaction. The remaining $19 million valuation allowance relates to foreign tax credits primarily generated in 2011. The Company provided a full valuation allowance on the deferred tax asset related to the foreign tax credits as the Company does not believe that the benefits will be realized in future years.

As of December 31, 2014 and 2013, undistributed earnings in non-U.S. subsidiaries for which no deferred taxes have been provided totaled approximately $354 million and $291 million, respectively. Deferred income taxes have not been provided on these earnings because the Company has either asserted indefinite reinvestment or outside tax basis exceeds book basis. It is not practicable to estimate the amount of additional tax that might be payable on these undistributed foreign earnings.

The Company files income tax returns for U.S. federal purposes and in various state jurisdictions. The Company also files income tax returns in various foreign jurisdictions, principally Canada and Mexico. The U.S. and most state income tax returns for years prior to 2011 are closed to examination by applicable tax authorities. Canadian income tax returns are open for audit for tax years 2008 and forward and Mexican income tax returns are generally open for tax years 2000 and forward. Canadian income tax returns are under audit for the 2009-2013 tax years and Mexican income tax returns are under audit for the 2008 and 2009 tax years.

The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits for the years ended December 31, 2014, 2013 and 2012 (in millions):



	December 31,			December 31,			December 31,
	2014			2013			2012
Beginning balance	$	14		$	469		$	480
Increases related to tax positions taken during the current year	—			1			—
Increases related to tax positions taken during the prior year	3			6			3
Decreases related to tax positions taken during the prior year	(2		)	(432		)	(4		)
Decreases related to settlements with taxing authorities	(1		)	(27		)	(4		)
Decreases related to lapse of applicable statute of limitations	(1		)	(3		)	(6		)
Ending balance	$	13		$	14		$	469

The total amount of unrecognized tax benefits that, if recognized, would reduce the effective tax rate is $9 million after considering the federal impact of state income taxes. During the next twelve months, the Company does not expect a significant change to its unrecognized tax benefits.

The Company accrues interest and penalties on its uncertain tax positions as a component of its provision for income taxes. The Company did not recognize any interest and penalties for uncertain tax positions in the Consolidated Statements of Income for the year ended December 31, 2014. For the year ended December 31, 2013, the Company recognized a benefit of $93 million for interest and penalties previously recorded, primarily a result of the resolution of the 2006-2008 IRS audit. The amount of interest and penalties recognized in the Consolidated Statements of Income was $16 million for the year ended December 31, 2012. The Company had a total of $5 million and $6 million accrued for interest and penalties for its uncertain tax positions primarily reported as part of other non-current liabilities as of December 31, 2014 and 2013, respectively.

Other Expense (Income), Net

12 Months Ended

Dec. 31, 2014

Other Expense (Income), Net [Abstract]

Other Expense (Income), Net Disclosure [Text Block]

Other Expense (Income), Net

The table below details the components of other expense (income), net for the years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013			2012
Indemnity expense (income) from Mondelēz	$	—	$	387		$	(9	)
Other	—		(4		)	—
Other expense (income), net	$	—	$	383		$	(9	)

The Company has historically recorded indemnification income from Mondelēz under the Tax Indemnity Agreement as other expense (income), net in the Consolidated Statements of Income. During the year ended December 31, 2013, the IRS concluded an audit which included separation-related items and, as a result, the Company recognized $430 million of other expense, net, as DPS no longer anticipates collecting amounts from Mondelēz. For the year ended December 31, 2013, this amount was partially offset by a $38 million non-cash reduction of the Company's long-term liability to Mondelēz as a result of a bill enacted by the Canadian government which reduced amounts amortized for income tax purposes. Refer to Note 12 for additional information on the conclusion of the IRS audit.

Employee Benefit Plans

12 Months Ended

Dec. 31, 2014

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Employee Benefit Plans

PENSION AND POSTRETIREMENT PLANS

Overview

The Company has U.S. and foreign pension and postretirement medical plans which provide benefits to a defined group of employees. The Company has several non-contributory defined benefit plans and postretirement medical plans, each having a measurement date of December 31. To participate in the defined benefit plans, eligible employees must have been employed by the Company for at least one year. The postretirement benefits are limited to qualified expenses and are subject to deductibles, co-payment provisions and other provisions. Employee benefit plan obligations and expenses included in the Company's Audited Consolidated Financial Statements are determined using actuarial analyses based on plan assumptions including employee demographic data such as years of service and compensation, benefits and claims paid and employer contributions, among others. The Company also participates in various multi-employer defined benefit plans.

The Company's largest U.S. defined benefit pension plan, which is a cash balance plan, was suspended and the accrued benefit was frozen effective December 31, 2008. Participants in this plan no longer earn additional benefits for future services or salary increases. The cash balance plans maintain individual recordkeeping accounts for each participant which are annually credited with interest credits equal to the 12-month average of one-year U.S. Treasury Bill rates, plus 1%, with a required minimum rate of 5%.

Financial Statement Impact

The following tables set forth amounts recognized in the Company's financial statements and the plans' funded status for the years ended December 31, 2014 and 2013 (in millions):



							Postretirement
	Pension Plans						Medical Plans
	2014			2013			2014			2013
Projected Benefit Obligations
As of beginning of year	$	259		$	308		$	7		$	9
Service cost	2			3			—			—
Interest cost	13			13			—			—
Actuarial losses (gains), net	46			(35		)	1			(1		)
Benefits paid	(8		)	(10		)	—			(1		)
Currency exchange adjustments	(3		)	(2		)	—			—
Settlements	(82		)	(18		)	—			—
As of end of year	$	227		$	259		$	8		$	7
Fair Value of Plan Assets
As of beginning of year	$	237		$	257		$	5		$	5
Actual return on plan assets	30			7			1			—
Employer contributions	12			2			—			1
Benefits paid	(8		)	(10		)	—			(1		)
Currency exchange adjustments	(2		)	(1		)	—			—
Settlements	(82		)	(18		)	—			—
As of end of year	$	187		$	237		$	6		$	5

Funded status of plan / net amount recognized	$	(40	)	$	(22	)	$	(2	)	$	(2	)
Funded status — overfunded	$	—		$	1		$	2		$	2
Funded status — underfunded	(40		)	(23		)	(4		)	(4		)
Net amount recognized consists of:
Non-current assets	$	—		$	1		$	2		$	2
Current liabilities	—			(1		)	—			—
Non-current liabilities	(40		)	(22		)	(4		)	(4		)
Net amount recognized	$	(40	)	$	(22	)	$	(2	)	$	(2	)

During the fourth quarter of 2014, the Company purchased annuity contracts from an insurance company to transfer certain of its projected benefit obligation and assets related to participants currently receiving benefits as part of the U.S. defined benefit pension plans. These actions relieve the company of primary responsibility for the pension obligations associated with these participants and eliminate significant risks related to the obligation and assets used to effect the settlement. As a result, the projected benefit obligation and plan assets were reduced by $82 million, of which $71 million related to the purchase of the annuity with the remainder related to lump sum benefit payments to various participants. The decrease to the projected benefit obligation was partially offset by an increase in the obligation resulting from a change in the discount rate and mortality table used in the annual measurement.

Expected mortality is a key assumption in the measurement for pension and other postretirement benefit obligations. For the Company’s U.S. plans, this assumption was updated as of December 31, 2014 in order to reflect the Society of Actuaries’ Retirement Plan Experience Committee’s updated mortality tables and mortality improvement scale published in October 2014.This resulted in an increase of 4% to the Company's benefit obligation.

The accumulated benefit obligations for the defined benefit pension plans were $223 million and $256 million as of December 31, 2014 and 2013, respectively. The pension plan assets and the projected benefit obligations of DPS' U.S. plans represent approximately 90% of both the total plan assets and the total projected benefit obligation, respectively, of all plans combined as of December 31, 2014. The following table summarizes key pension plan information regarding plans whose accumulated benefit obligations exceed the fair value of their respective plan assets (in millions):



	2014		2013
Aggregate projected benefit obligation	$	226	$	256
Aggregate accumulated benefit obligation	223		256
Aggregate fair value of plan assets	186		234

The following table summarizes the components of the net periodic benefit cost and changes in plan assets and benefit obligations recognized in other comprehensive income (loss) ("OCI") for the stand alone U.S. and foreign plans for the years ended December 31, 2014, 2013 and 2012 (in millions):



										Postretirement
	Pension Plans									Medical Plans
	For the Year Ended December 31,
	2014			2013			2012			2014		2013			2012
Net Periodic Benefit Costs
Service cost	$	2		$	3		$	2		$	—	$	—		$	—
Interest cost	13			13			14			—		—			—
Expected return on assets	(14		)	(14		)	(15		)	—		—			—
Amortization of actuarial loss	3			4			4			—		—			—
Amortization of prior service credit	—			—			—			—		(1		)	(2		)
Curtailments	—			—			—			—		—			(1		)
Settlements	16			3			—			—		—			—
Net periodic benefit costs	$	20		$	9		$	5		$	—	$	(1	)	$	(3	)
Changes Recognized in OCI
Curtailment effects	$	—		$	—		$	—		$	—	$	—		$	1
Settlement effects	(16		)	(3		)	—			—		—			—
Current year actuarial loss (gain)	30			(29		)	12			—		—			1
Recognition of actuarial loss	(3		)	(4		)	(4		)	—		—			—
Recognition of prior service credit	—			—			—			—		1			2
Total recognized in OCI	$	11		$	(36	)	$	8		$	—	$	1		$	4

The estimated net actuarial loss for the defined benefit plans that will be amortized from AOCL into periodic benefit cost in 2015 is approximately $4 million. The estimated prior service cost for the defined benefit plans that will be amortized from AOCL into periodic benefit costs in 2015 is not significant.

The Company recognized a non-cash settlement loss of $16 million during the year ended December 31, 2014 which included $14 million as a result of the purchased annuity contracts. The settlement loss is primarily due to the recognition of previously unrecognized actuarial losses that were included in accumulated other comprehensive loss. During the prior year, the total amount of lump sum payments made to participants of various U.S. defined pension plans exceeded the estimated annual interest and service costs. As a result, non-cash settlement charges of $3 million were recognized for the year ended December 31, 2013. There was no settlement charge recognized for the year ended December 31, 2012.

The following table summarizes amounts included in AOCL for the plans as of December 31, 2014 and 2013 (in millions):



					Postretirement
	Pension Plans				Medical Plans
	2014		2013		2014			2013
Prior service cost (credits)	$	2	$	2	$	(1	)	$	(2	)
Net losses	56		45		3			4
Amounts in AOCL	$	58	$	47	$	2		$	2

Contributions and Expected Benefit Payments

The following table summarizes the contributions made to the Company's pension and other postretirement benefit plans for the years ended December 31, 2014 and 2013 , as well as the projected contributions for the year ending December 31, 2015 (in millions):



	Projected		Actual
	2015		2014		2013
Pension plans	$	1	$	12	$	2
Postretirement medical plans	—		—		1
Total	$	1	$	12	$	3

The contributions for the year ended December 31, 2014 included $10 million which were made to facilitate the purchase of the annuity contracts.

The following table summarizes the expected future benefit payments cash activity for the Company's pension and postretirement medical plans in the future (in millions):



	2015		2016		2017		2018		2019		2020-2024
Pension plans	$	11	$	11	$	12	$	12	$	13	$	72
Postretirement medical plans	1		1		1		1		1		3

Actuarial Assumptions

The Company's pension expense was calculated based upon a number of actuarial assumptions including discount rate, retirement age, compensation rate increases and expected long-term rate of return on plan assets for pension benefits and the healthcare cost trend rate related to its postretirement medical plans.

The discount rate utilized to determine the Company's projected benefit obligations as of December 31, 2014 and 2013, as well as projected 2015 net periodic benefit cost for U.S. plans, reflects the current rate at which the associated liabilities could be effectively settled as of the end of the year. The Company set its rate to reflect the yield of a portfolio of high quality, fixed-income debt instruments that would produce cash flows sufficient in timing and amount to settle projected future benefits.

For the years ended December 31, 2014, 2013 and 2012, the expected long-term rate of return on U.S. pension fund assets held by the Company's pension trusts was determined based on several factors, including the impact of active portfolio management and projected long-term returns of broad equity and bond indices. The plans' historical returns were also considered. The expected long-term rate of return on the assets in the plans was based on an asset allocation assumption of approximately 25% with equity managers, with expected long-term rates of return of approximately 9.20%, 8.20% and 8.51% for the years ended December 31, 2014, 2013 and 2012, respectively and approximately 75% with fixed income managers, with an expected long-term rate of return of approximately 3.90%, 6.00% and 5.10% for the years ended December 31, 2014, 2013 and 2012, respectively.

The following table summarizes the weighted-average assumptions used to determine benefit obligations at the plan measurement dates for U.S. plans:



					Postretirement
	Pension Plans				Medical Plans
	2014		2013		2014		2013
Weighted-average discount rate	4.15	%	5.00	%	4.15	%	5.00	%
Rate of increase in compensation levels	3.00	%	3.00	%	N/A		N/A

The following table summarizes the weighted average actuarial assumptions used to determine the net periodic benefit costs for U.S. plans for the years ended December 31, 2014, 2013 and 2012:



							Postretirement
	Pension Plans						Medical Plans
	2014		2013		2012		2014		2013		2012
Weighted-average discount rate	5.00	%	4.30	%	5.00	%	4.05	%	4.05	%	5.00	%
Expected long-term rate of return on assets	6.00	%	6.00	%	6.50	%	6.00	%	6.00	%	6.50	%
Rate of increase in compensation levels	3.00	%	3.00	%	3.00	%	N/A		N/A		N/A

The following table summarizes the weighted-average assumptions used to determine benefit obligations at the plan measurement dates for foreign plans:



	Pension Plans				Postretirement Medical Plans
	2014		2013		2014		2013
Weighted-average discount rate	4.92	%	5.70	%	3.75	%	4.50	%
Rate of increase in compensation levels	3.89	%	3.87	%	N/A		N/A

The following table summarizes the weighted average actuarial assumptions used to determine the net periodic benefit costs for foreign plans for the years ended December 31, 2014, 2013 and 2012:



							Postretirement
	Pension Plans						Medical Plans
	2014		2013		2012		2014		2013		2012
Weighted-average discount rate	7.11	%	6.90	%	6.12	%	4.50	%	3.75	%	4.00	%
Expected long-term rate of return on assets	7.41	%	7.68	%	7.65	%	N/A		N/A		N/A
Rate of increase in compensation levels	4.30	%	4.24	%	4.03	%	N/A		N/A		N/A

The asset allocation for the U.S. defined benefit pension plans for
December 31, 2014 and 2013 are as follows:



	Target		Actual
Asset Category	2015		2014		2013
Equity securities	25	%	25	%	25	%
Fixed income	75	%	75	%	75	%
Total	100	%	100	%	100	%

Investment Policy and Strategy

DPS has established formal investment policies for the assets associated with defined benefit plans. The Company's investment policy and strategy are mandated by the Company's Investment Committee. The overriding investment objective is to provide for the availability of funds for pension obligations as they become due, to maintain an overall level of financial asset adequacy and to maximize long-term investment return consistent with a reasonable level of risk. DPS' pension plan investment strategy includes the use of actively-managed securities. Investment performance both by investment manager and asset class is periodically reviewed, as well as overall market conditions with consideration of the long-term investment objectives. None of the plan assets are invested directly in equity or debt instruments issued by DPS. It is possible that insignificant indirect investments exist through its equity holdings. The equity and fixed income investments under DPS' sponsored pension plan assets are currently well diversified.

The plans' asset allocation policy is reviewed at least annually. Factors considered when determining the appropriate asset allocation include changes in plan liabilities, an evaluation of market conditions, tolerance for risk and cash requirements for benefit payments. The investment policy contains allowable ranges in asset mix as outlined in the table below:



Asset Category	Target Range
U.S. equity securities	15% - 25%
International equity securities	5% - 10%
U.S. fixed income	65% - 85%

Assets of the Pension and Postretirement Medical Plans

The following tables present the major categories of plan assets for the pension and postretirement medical plan assets as of December 31, 2014 and 2013 (in millions):



	Pension Plans			Postretirement Medical Plans
	December 31,	December 31,		December 31,		December 31,
	2014	2013		2014		2013
Cash and cash equivalents	10	$	5	$	—	$	—
Equity securities
U.S. Large-Cap equities	30	39		1		1
International equities	19	23		—		—
Fixed income securities
Derivative financial instruments	31	18		1		—
U.S. Treasuries	22	—		1		—
U.S. Municipal bonds	5	6		—		—
U.S. Corporate bonds	82	138		4		4
International bonds	19	26		—		—
Total assets	218	255		7		5

Fixed income securities
Derivative financial instruments	31	18		1		—
Total liabilities	31	18		1		—

Total net assets	187	$	237	$	6	$	5

MULTI-EMPLOYER PLANS

The Company participates in three trustee-managed multi-employer defined benefit pension plans for union-represented employees under certain collective bargaining agreements. The risks of participating in these multi-employer plans are different from single-employer plans due to the following:


•	Assets contributed to the multi-employer plan by one employer may be used to provide benefits to employees of other participating employers.


•	If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers.


•	If the Company chooses to stop participating in some of its multi-employer plans, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

Contributions paid into the multi-employer plans are expensed as incurred. Multi-employer plan expense was as follows for the years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Multi-employer Plan Expense
Contributions to individually significant multi-employer plans⁽¹⁾	$	3	$	3	$	3
Contributions to all other multi-employer plans	3		3		2
Withdrawal charge for individually significant multi-employer plans⁽²⁾	—		56		—
Withdrawal charge for all other multi-employer plans⁽³⁾	—		1		—
Total	$	6	$	63	$	5

____________________________

(1)

Contributions to individually significant multi-employer plans for the year ended December 31, 2014 include amounts contributed to the Soft Drink Industry Local Union 710 Pension Fund ("Local 710") which the Company fully withdrew and ceased participation in the plan as of December 31, 2014. Local 710 was considered an individually significant multi-employer when the contributions were made to the plan prior to the withdrawal and for the years ended December 31, 2014, 2013 and 2012.

(2)

During the fourth quarter of 2013, the Company recognized a $56 million withdrawal charge for the withdrawal from the Local 710. This item was presented as a multi-employer pension plan withdrawal in the Consolidated Statements of Income. As the withdrawal charge represents the Company's best estimate of the potential amount of the quarterly assessment by Local 710 and the anticipated timing of those assessed payments, actual costs may differ from amounts recorded.


(3)	During the second quarter of 2013, the Company recognized a $1 million withdrawal charge for one of the collective bargaining units under a multi-employer pension plan based on the trustees' assessment. These charges were recorded as a component of SG&A expenses in the Consolidated Statements of Income.

Individually Significant Multi-employer Plan

The Company participates in the following individually significant multi-employer plan as of December 31, 2014:



Legal name of the plan		Central States, Southeast and Southwest Areas Pension Fund ("Central States")
Plan's Employer Identification Number		36-6044243
Plan Number		001
Expiration dates of the collective bargain agreements		January 20, 2015 - September 9, 2018⁽²⁾
FIP/RP Status Pending/Implemented⁽¹⁾		Yes
PPA zone status as of December 31, 2014		Red
PPA zone status as of December 31, 2013		Red
Surcharge imposed		Yes

____________________________


(1)	FIP/RP Status Pending/Implemented indicates the plan for which a financial improvement plan ("FIP") or a rehabilitation plan ("RP") is either pending or implemented.


(2)	Central States includes eight collective bargaining agreements. The largest agreement, which is set to expire June 21, 2015, covers approximately 48% of the employees included in Central States. Approximately 72% of the employees included in Central States are covered by three collective bargaining agreements set to expire during 2015.

The most recent Pension Protection Act ("PPA") zone status available as of December 31, 2014 and 2013 is for the plan's year-end as of December 31, 2013 and 2012. Neither plan has utilized any extended amortization provisions that affect the calculation of the zone status.

The Company's contributions to the Central States did not exceed 5% of the total contributions made to the Central States for the years ended December 31, 2013 and 2012.

Future estimated contributions for the Central States based on the number of covered employees and the terms of the collective bargaining agreements are as follows (in millions):



Year	Estimated Contributions
2015	$	1
2016	—
2017	—
2018	—

DEFINED CONTRIBUTION PLANS

The Company sponsors the SIP, which is a qualified 401(k) Retirement Plan that covers substantially all U.S.-based employees who meet certain eligibility requirements. This plan permits both pre-tax and after-tax contributions, which are subject to limitations imposed by Internal Revenue Code (the "Code") regulations. The Company matches employees' contributions up to specified levels.

The Company also sponsors the SSP, which is a non-qualified defined contribution plan for employees who are actively enrolled in the SIP and whose after-tax contributions under the SIP are limited by the Code compensation limitations.

The Company's employer matching contributions to the SIP and SSP plans were approximately $16 million for the year ended December 31, 2014 and $15 million for the years ended December 31, 2013 and 2012.

Additionally, current participants in the SIP and SSP are eligible for an enhanced defined contribution (the "EDC"). Contributions began accruing for plan participants after a one-year waiting period for participant entry into the plan, which vest after three years of service with the Company. The Company made contributions of $16 million to the EDC for the plan years ended December 31, 2014, 2013 and 2012.

Fair Value

12 Months Ended

Dec. 31, 2014

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 tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	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 at December 31, 2013
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Level 1		Level 2		Level 3
Commodity contracts	$	—	$	1	$	—
Interest rate contracts	—		17		—
Foreign exchange forward contracts	—		3		—
Marketable securities - trading	21		—		—
Total assets	$	21	$	21	$	—

Commodity contracts	$	—	$	13	$	—
Interest rate contracts	—		34		—
Total liabilities	$	—	$	47	$	—

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 were 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 reporting date. Interest rate swap contracts are valued using models based primarily on readily observable market parameters, such as LIBOR 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 December 31, 2014 and 2013, 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 years ended December 31, 2014, 2013 and 2012.

FAIR VALUE OF PENSION AND POSTRETIREMENT PLAN ASSETS

The fair value hierarchy discussed above is not only applicable to assets and liabilities that are included in our consolidated balance sheets, but is also applied to certain other assets that indirectly impact our consolidated financial statements. For example, our Company sponsors and/or contributes to a number of pension and postretirement medical plans. Assets contributed by the Company become the property of the individual plans. Even though the Company no longer has control over these assets, DPS is indirectly impacted by subsequent fair value adjustments to these assets. The actual return on these assets impacts the Company's future net periodic benefit cost, as well as amounts recognized in our consolidated balance sheets. Refer to Note 14 for additional information regarding the Company's pension and postretirement medical plans. The Company uses the fair value hierarchy to measure the fair value of assets held by our various pension and postretirement medical plans.

The following tables present the major categories of plan assets and the respective fair value hierarchy for the pension plan assets as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	10	$	10	$	—	$	—
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	30		—		30		—
International equities⁽²⁾	19		—		19		—
Fixed income securities
Derivative financial instruments⁽³⁾	31		—		31		—
U.S. Treasuries	22		22		—		—
U.S. Municipal bonds⁽⁴⁾	5		—		5		—
U.S. Corporate bonds⁽⁴⁾	82		—		82		—
International bonds⁽²⁾	19		—		19		—
Total assets	218		32		186		—

Fixed income securities
Derivative financial instruments⁽³⁾	31		—		31		—
Total liabilities	31		—		31		—

Total net assets	$	187	$	32	$	155	$	—



	Fair Value Measurements at December 31, 2013
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	5	$	5	$	—	$	—
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	39		—		39		—
International equities⁽²⁾	23		—		23		—
Fixed income securities
Derivative financial instruments⁽³⁾	18		—		18		—
U.S. Municipal bonds⁽⁴⁾	6		—		6		—
U.S. Corporate bonds⁽⁴⁾	138		—		138		—
International bonds⁽²⁾	26		—		26		—
Total assets	255		5		250		—

Fixed income securities
Derivative financial instruments⁽³⁾	18		—		18		—
Total liabilities	18		—		18		—

Total net assets	$	237	$	5	$	232	$	—

____________________________


(1)	Equity securities are comprised of actively managed U.S. index funds and Europe, Australia, Far East ("EAFE") index funds.


(2)	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.


(3)	Derivative financial instruments consist of U.S Treasury futures. The fair value of these futures is determined by using quoted market prices of the same or similar instruments.


(4)	U.S. Municipal and Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.

The following tables present the major categories of plan assets and the respective fair value hierarchy for the postretirement medical plan assets as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	$	1	$	—	$	1	$	—
Fixed income securities
Derivative financial instruments⁽⁴⁾	1		—		1		—
U.S. Treasuries	1		1		—		—
U.S. Corporate bonds⁽³⁾	4		—		4		—
Total	7		1		6		—

Fixed income securities
Derivative financial instruments⁽⁴⁾	1		—		1		—
Total liabilities	1		—		1		—

Total net assets	$	6	$	1	$	5	$	—



	Fair Value Measurements at December 31, 2013
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	$	1	$	—	$	1	$	—
Fixed income securities
U.S. Corporate bonds⁽³⁾	4		—		4		—
Total	$	5	$	—	$	5	$	—

____________________________


(1)	Equity securities are comprised of actively managed U.S. index funds and EAFE index funds.


(2)	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.


(3)	U.S. Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.


(4)	Derivative financial instruments consist of U.S Treasury futures. The fair value of these futures is determined by using quoted market prices of the same or similar instruments.

ESTIMATED FAIR VALUE OF LONG-TERM OBLIGATIONS

The estimated fair values of long-term obligations as of December 31, 2014 and 2013, are as follows (in millions):



	December 31, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt – 2016 Notes	$	500	$	510	$	500	$	519
Long-term debt – 2018 Notes	724		835		724		856
Long-term debt – 2019 Notes⁽¹⁾	250		253		248		252
Long-term debt – 2020 Notes⁽¹⁾	245		244		241		236
Long-term debt – 2021 Notes⁽¹⁾	249		255		241		241
Long-term debt – 2022 Notes⁽¹⁾	265		244		247		226
Long-term debt – 2038 Notes⁽¹⁾	272		363		252		317

____________________________


(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 10 for additional information regarding derivatives.

Capital leases have been excluded from the calculation of fair value for both 2014 and 2013.

The fair value amounts of long term debt as of December 31, 2014 and 2013, 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

12 Months Ended

Dec. 31, 2014

Share-based Compensation [Abstract]

Stock-Based Compensation

Stock-based compensation expense is recorded in SG&A expenses in the Consolidated Statements of Income. The components of stock-based compensation expense for the years ended December 31, 2014, 2013 and 2012 are presented below (in millions):



	For the Year Ended December 31,
	2014			2013			2012
Total stock-based compensation expense	$	48		$	37		$	35
Income tax benefit recognized in the income statement	(17		)	(12		)	(12		)
Stock-based compensation expense, net of tax	$	31		$	25		$	23

DPS is required to estimate forfeitures at the time of grant and revise those estimates in subsequent periods if actual forfeitures differ from those estimates. The Company uses historical data to estimate pre-vesting option, RSU and PSU forfeitures and record stock-based compensation expense only for those awards that are expected to vest.

DESCRIPTION OF STOCK-BASED COMPENSATION PLANS

Omnibus Stock Incentive Plan of 2009

During 2009, the Company adopted the Omnibus Stock Incentive Plan of 2009 (the "2009 Stock Plan") under which employees, consultants and non-employee directors may be granted stock options, stock appreciation rights, stock awards, RSUs or PSUs. This plan provides for the issuance of up to 20,000,000 shares of the Company's common stock. Subsequent to adoption, the Company's Compensation Committee granted RSUs and PSUs, which vest after three years, and stock options, which vest ratably over three years. Each RSU and PSU is to be settled for one share of the Company's common stock on the respective vesting date of the RSU and PSU. No other types of stock-based awards have been granted under the 2009 Stock Plan. Approximately 12,000,000 shares of the Company's common stock were available for future grant as of December 31, 2014. The stock options issued under the 2009 Stock Plan have a maximum option term of 10 years.

Omnibus Stock Incentive Plan of 2008

In connection with the separation from Cadbury, on May 5, 2008, Cadbury Schweppes Limited, the Company's sole stockholder, approved the Company's Omnibus Stock Incentive Plan of 2008 (the "2008 Stock Plan") and authorized up to 9,000,000 shares of the Company's common stock to be issued under the Stock Plan. Subsequent to May 7, 2008, the Compensation Committee granted under the 2008 Stock Plan (a) options to purchase shares of the Company's common stock, which vested ratably over three years commencing with the first anniversary date of the option grant, and (b) RSUs, which vested over a three year period for a substantial portion of RSUs. Each RSU was settled for one share of the Company's common stock on the respective vesting date of the RSU. The stock options issued under the 2008 Stock Plan had a maximum option term of 10 years. There were no shares outstanding under the 2008 Stock Plan as of December 31, 2014.

STOCK OPTIONS

The tables below summarize information about the Company's stock options granted during the years ended December 31, 2014, 2013 and 2012.

The fair value of each stock option is estimated on the date of grant using the Black-Scholes option-pricing model. The risk-free interest rate used in the option valuation model is based on zero-coupon yields implied by U.S. Treasury issues with remaining terms similar to the expected term on the options. The expected term of the option represents the period of time that options granted are expected to be outstanding and is derived by analyzing historic exercise behavior. Expected volatility is based on implied volatilities from traded options on the Company's stock, historical volatility of the Company's stock and other factors. The Company's expected dividend yield is based on historical dividends declared.

The weighted average assumptions used to value grant options are detailed below:



	For the Year Ended December 31,
	2014			2013			2012
Fair value of options at grant date	$	5.80		$	6.92		$	7.05
Risk free interest rate	1.25		%	0.68		%	0.87		%
Expected term of options (in years)	4.4			4.5			5.1
Dividend yield	3.35		%	3.39		%	3.52		%
Expected volatility	20.03		%	27.42		%	30.64		%

The table below summarizes stock option activity for the year ended December 31, 2014:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2014	2,031,833		$	37.59	7.65	$	23
Granted	667,139		51.68
Exercised	(1,151,479	)	35.40			24
Forfeited or expired	(18,258	)	46.99
Outstanding as of December 31, 2014	1,529,235		45.27		8.20	40
Exercisable as of December 31, 2014	284,595		38.58		7.01	9

As of December 31, 2014, there were 1,517,946 stock options vested or expected to vest. The weighted average exercise price of stock options granted for the years ended December 31, 2013 and 2012 was $43.82 and $37.80, respectively. The aggregate intrinsic value of the stock options exercised for the years ended December 31, 2013 and 2012 was $8 million and $18 million, respectively. As of December 31, 2014, there was $4 million of unrecognized compensation cost related to unvested stock options granted under the DPS stock plans that is expected to be recognized over a weighted average period of 0.84 years.

RESTRICTED STOCK UNITS

The table below summarizes RSU activity for the year ended December 31, 2014. The fair value of restricted stock units is determined based on the number of units granted and the grant date price of 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, 2014	2,139,143		$	39.15	1.12	$	104
Granted	590,347		51.81
Vested and released	(730,285	)	36.53			38
Forfeited	(73,271	)	43.76
Outstanding as of December 31, 2014	1,925,934		43.85		1.08	138

The total fair value of RSUs vested was $27 million for the years ended December 31, 2014 and 2013.The total fair value of RSUs vested was for the year ended December 31, 2012 was $24 million. The aggregate intrinsic value of the RSUs vested and released for the years ended December 31, 2013 and 2012 was $37 million and $59 million, respectively. As of December 31, 2014, there was $34 million of unrecognized compensation cost related to unvested RSUs granted under the DPS stock plans that is expected to be recognized over a weighted average period of 1.06 years.

During the year ended December 31, 2014, 730,285 shares subject to previously granted RSUs vested. A majority of these vested stock awards were net share settled. The Company withheld 239,254 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 $14 million and $13 million for the years ended December 31, 2014 and 2013, respectively. There were no payments made to the relevant taxing authorities for the year ended December 31, 2012 as the Company did not net share settle any vested stock awards. These payments are reflected as a financing activity within the consolidated statements of cash flows. These payments were used for tax withholdings related to the net share settlements of RSUs and dividend equivalent units. 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

In 2011, the Compensation Committee of the Board approved a PSU plan. Each PSU is equivalent in value to one share of the Company's common stock. PSUs will vest three years from the beginning date of a pre-determined performance period to the extent the Company has met two performance criteria during the performance period: (i) the percentage growth of net income and (ii) the percentage yield from operating free cash flow.

The table below summarizes PSU activity for the year ended December 31, 2014. The fair value of performance share units is determined based on the number of units granted and the grant date price of 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, 2014	422,866		$	39.88	1.26	$	21
Granted	154,157		51.88
Vested and released	(104,165	)	36.42			5
Forfeited	(28,577	)	38.16
Outstanding as of December 31, 2014	444,281		44.97		1.07	32

As of December 31, 2014, there was $14 million of unrecognized compensation cost related to unvested PSUs granted under the DPS Stock Plans that is expected to be recognized over a weighted average period of 1.46 years.

During the year ended December 31, 2014, 104,165 shares subject to previously granted PSUs vested. A majority of these vested PSUs were net share settled. The Company withheld 30,944 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 $2 million for the year ended December 31, 2014. There were no payments made to the relevant taxing authorities for the years ended December 31, 2013 and December 31, 2012 for the employees' tax obligations as the Company did not have any PSUs that were vested and released. These payments are reflected as a financing activity within the consolidated statements of cash flows. These payments were used for tax withholdings related to the net share settlements of PSUs and dividend equivalent units. 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

12 Months Ended

Dec. 31, 2014

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 years ended December 31, 2014, 2013 and 2012 (in millions, except per share data):



	For the Year Ended December 31,
	2014		2013		2012
Basic EPS:
Net income	$	703	$	624	$	629
Weighted average common shares outstanding	195.8		202.9		210.6
Earnings per common share — basic	$	3.59	$	3.08	$	2.99
Diluted EPS:
Net income	$	703	$	624	$	629
Weighted average common shares outstanding	195.8		202.9		210.6
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units	1.6		1.6		1.7
Weighted average common shares outstanding and common stock equivalents	197.4		204.5		212.3
Earnings per common share — diluted	$	3.56	$	3.05	$	2.96

Stock options, RSUs, PSUs and dividend equivalent units totaling 0.3 million shares were excluded from the diluted weighted average shares outstanding for the year ended December 31, 2014, as they were not dilutive. Stock options, RSUs, PSUs and dividend equivalent units totaling 0.5 million shares were excluded from the diluted weighted average shares outstanding for the years ended December 31, 2013 and 2012, 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 dividend equivalent units. Because the dividend equivalent units are forfeitable, they are defined as non-participating securities. As of December 31, 2014, there were 136,157 dividend equivalent units, which will vest at the time that the underlying RSU and PSU vests.

During 2009, 2010 and 2011, the Board authorized a total aggregate share repurchase plan of $3 billion. The Company repurchased and retired 6.8 million shares of common stock valued at approximately $400 million, 8.7 million shares of common stock valued at approximately $400 million and 9.5 million shares of common stock valued at approximately $400 million for the years ended December 31, 2014, 2013 and 2012, respectively. These amounts were recorded as a reduction of equity, primarily additional paid-in capital. As of December 31, 2014, $172 million remains available for share repurchase under the Board authorization.

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2014

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

Accumulated Other Comprehensive Loss

The following table provides a summary of changes in the balances of each component of AOCL, net of taxes, for the years ended December 31, 2014, 2013 and 2012 (in millions):



	Foreign Currency Translation Adjustments			Net Change in Pension Liability			Net Change in Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of January 1, 2012	$	(27	)	$	(48	)	$	(35	)	$	(110	)
Current year OCI	19			(8		)	(11		)	—
Balance as of December 31, 2012	(8		)	(56		)	(46		)	(110		)
OCI before reclassifications	(9		)	19			3			13
Amounts reclassified from AOCL	—			4			5			9
Net current year OCI	(9		)	23			8			22
Balance as of December 31, 2013	(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	)

The following table presents the amount of loss reclassified from AOCL into the Consolidated Statements of Income for the years ended December 31, 2014 and 2013 (in millions):



		For the Year Ended December 31,
	Location of (Loss) Gain Reclassified from AOCL into Net Income	2014			2013
(Loss) Gain on cash flow hedges:
Interest rate contracts	Interest expense	$	(8	)	$	(7	)
Foreign exchange forward contracts	Cost of sales	1			(1		)
Total		(7		)	(8		)
Income tax expense		(3		)	(3		)
Total		$	(4	)	$	(5	)

Defined benefit pension and postretirement plan items:
Amortization of prior service costs	Selling, general and administrative expenses	$	—		$	1
Amortization of actuarial gains/(losses), net	Selling, general and administrative expenses	(3		)	(4		)
Settlement loss	Selling, general and administrative expenses	(16		)	(3		)
Total		(19		)	(6		)
Income tax expense		(7		)	(2		)
Total		$	(12	)	$	(4	)
Total reclassifications		$	(16	)	$	(9	)

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2014

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 years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Supplemental cash flow disclosures of non-cash investing and financing activities:
Dividends declared but not yet paid	$	79	$	75	$	70
Capital expenditures included in accounts payable and other current liabilities	11		21		27
Holdback liability for acquisition of business	2		—		—
Stock issued for acquisition of business	—		13		—
Capital lease additions⁽¹⁾	31		1		49
Supplemental cash flow disclosures:
Interest paid	$	94	$	107	$	115
Income taxes paid	345		310		724

__________________________


(1)	The Company converted a number of month-to-month operating leases into capital leases which is presented as a non-cash financing activity.

Leases

12 Months Ended

Dec. 31, 2014

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

Leases

The Company has leases for certain facilities, fleet and equipment which expire at various dates through 2029. Some lease agreements contain standard renewal provisions that allow us to renew the lease at rates equivalent to fair market value at the end of the lease term. Under lease agreements that contain escalating rent provisions, operating lease expense is recorded on a straight-line basis over the lease term. Under lease agreements that contain rent holidays, rent expense is recorded on a straight-line basis over the entire lease term, including the period covered by the rent holiday. Operating lease expense was $69 million, $76 million and $80 million for each of the years ended December 31, 2014, 2013 and 2012.

Future minimum lease payments under operating leases with initial or remaining noncancellable lease terms in excess of one year and capital leases as of December 31, 2014 are as follows (in millions):



	Operating Leases		Capital Leases
2015	$	47	$	11
2016	40		11
2017	32		11
2018	24		11
2019	21		10
Thereafter	75		167
Total minimum lease payments	$	239	221
Less imputed interest			(135		)
Present value of minimum lease payments			$	86

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2014
Commitments and Contingencies [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 December 31, 2014, the Company has paid approximately $675,000 since the notification for DPS' allocation of costs related to the study for this site.

Segments

12 Months Ended

Dec. 31, 2014

Segments [Abstract]

Segments

As of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012, 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 as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012 is as follows (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Segment Results – Net sales
Beverage Concentrates	$	1,228	$	1,229	$	1,221
Packaged Beverages	4,361		4,306		4,358
Latin America Beverages	532		462		416
Net sales	$	6,121	$	5,997	$	5,995



	For the Year Ended December 31,
	2014		2013		2012
Segment Results – SOP
Beverage Concentrates	$	790	$	778	$	774
Packaged Beverages	636		525		539
Latin America Beverages	78		61		51
Total SOP	1,504		1,364		1,364
Unallocated corporate costs	323		309		261
Other operating expense, net	1		9		11
Income from operations	1,180		1,046		1,092
Interest expense, net	107		121		123
Other expense (income), net	—		383		(9		)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries	$	1,073	$	542	$	978



	For the Year Ended December 31,
	2014		2013		2012
Amortization expense
Beverage Concentrates	$	16	$	17	$	20
Packaged Beverages	7		7		7
Latin America Beverages	—		—		—
Segment total	23		24		27
Corporate and other	13		14		10
Total amortization expense	$	36	$	38	$	37



	For the Year Ended December 31,
	2014		2013		2012
Depreciation expense
Beverage Concentrates	$	7	$	5	$	10
Packaged Beverages	165		164		173
Latin America Beverages	15		14		11
Segment total	187		183		194
Corporate and other	12		13		9
Total depreciation expense	$	199	$	196	$	203




	As of December 31,
	2014		2013
Total assets
Property, plant and equipment, net
Beverage Concentrates	$	71	$	73
Packaged Beverages	899		932
Latin America Beverages	102		92
Segment total	1,072		1,097
Corporate and other	69		76
Total property, plant and equipment, net	1,141		1,173
Current assets	1,211		1,119
All other non-current assets	5,921		5,909
Total assets	$	8,273	$	8,201

Refer to Note 7 for additional information regarding the assignment of goodwill to the Company's operating segments. The majority of the Company's other intangible assets are assigned to the Beverage Concentrates operating segment.

GEOGRAPHIC DATA

The Company utilizes separate legal entities for transactions with customers outside of the United States. Information about the Company's operations by geographic region as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012 is below (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Net sales
U.S.	$	5,361	$	5,292	$	5,341
International	760		705		654
Total net sales	$	6,121	$	5,997	$	5,995



	As of December 31,
	2014		2013
Property, plant and equipment, net
U.S.	$	1,039	$	1,081
International	102		92
Total property, plant and equipment, net	$	1,141	$	1,173

MAJOR CUSTOMER

WalMart represents one of the Company's major customers and accounted for more than 10% of total net sales. For the years ended December 31, 2014, 2013 and 2012, DPS recorded net sales to WalMart of $740 million, $734 million and $763 million, respectively. These represent direct sales from the Company to WalMart and were reported in DPS' Packaged Beverages and Latin America Beverages segments.

Additionally, customers in the Company's Beverage Concentrates segment buy concentrate from DPS which is used in finished goods sold by the Company's third party bottlers to WalMart. These indirect sales further increase the concentration of risk associated with DPS' consolidated net sales as it relates to WalMart.

- 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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

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-Name Accounting Standards Codification
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-SubTopic 10
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-Name Accounting Standards Codification
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-SubTopic 10
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Guarantor and Non-Guarantor Financial Information

12 Months Ended

Dec. 31, 2014

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 the years ended December 31, 2014, 2013 and 2012, and as of December 31, 2014 and 2013, for Dr Pepper Snapple Group, Inc. (the "Parent"), Guarantors and Non-Guarantors. The consolidating schedules are provided in accordance with the reporting requirements for guarantor subsidiaries (in millions).



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,474		$	681		$	(34	)	$	6,121
Cost of sales	—			2,191			334			(34		)	2,491
Gross profit	—			3,283			347			—			3,630
Selling, general and administrative expenses	1			2,106			227			—			2,334
Multi-employer pension plan withdrawal	—			—			—			—			—
Depreciation and amortization	—			107			8			—			115
Other operating expense, net	—			1			—			—			1
Income from operations	(1		)	1,069			112			—			1,180
Interest expense	104			51			—			(46		)	109
Interest income	(40		)	—			(8		)	46			(2		)
Other expense (income), net	(2		)	(3		)	5			—			—
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(63		)	1,021			115			—			1,073
Provision (benefit) for income taxes	(38		)	383			26			—			371
Income (loss) before equity in earnings of subsidiaries	(25		)	638			89			—			702
Equity in earnings of consolidated subsidiaries	728			90			—			(818		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	703		$	728		$	90		$	(818	)	$	703



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2013
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,406		$	623		$	(32	)	$	5,997
Cost of sales	—			2,240			291			(32		)	2,499
Gross profit	—			3,166			332			—			3,498
Selling, general and administrative expenses	4			2,048			220			—			2,272
Multi-employer pension plan withdrawal	—			56			—			—			56
Depreciation and amortization	—			107			8			—			115
Other operating expense, net	—			9			—			—			9
Income from operations	(4		)	946			104			—			1,046
Interest expense	118			89			—			(84		)	123
Interest income	(77		)	—			(9		)	84			(2		)
Other expense (income), net	383			(6		)	6			—			383
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(428		)	863			107			—			542
Provision (benefit) for income taxes	(16		)	(147		)	82			—			(81		)
Income (loss) before equity in earnings of subsidiaries	(412		)	1,010			25			—			623
Equity in earnings of consolidated subsidiaries	1,036			26			—			(1,062		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	624		$	1,036		$	26		$	(1,062	)	$	624



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,451		$	575		$	(31	)	$	5,995
Cost of sales	—			2,265			266			(31		)	2,500
Gross profit	—			3,186			309			—			3,495
Selling, general and administrative expenses	—			2,062			206			—			2,268
Multi-employer pension plan withdrawal	—			—			—			—			—
Depreciation and amortization	—			117			7			—			124
Other operating expense (income), net	—			11			—			—			11
Income from operations	—			996			96			—			1,092
Interest expense	122			90			—			(87		)	125
Interest income	(81		)	(1		)	(7		)	87			(2		)
Other (income) expense, net	(11		)	(4		)	6			—			(9		)
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(30		)	911			97			—			978
Provision (benefit) for income taxes	(13		)	342			20			—			349
Income (loss) before equity in earnings of subsidiaries	(17		)	569			77			—			629
Equity in earnings of consolidated subsidiaries	647			78			—			(725		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	(1		)	—			1			—			—
Net income	$	629		$	647		$	78		$	(725	)	$	629



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	703		$	728		$	90		$	(818	)	$	703
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	(57		)	(66		)	—			123			—
Foreign currency translation adjustments	4			15			(63		)	—			(44		)
Net change in pension liability, net of tax	—			(6		)	(1		)	—			(7		)
Net change in cash flow hedges, net of tax	4			—			(2		)	—			2
Total other comprehensive income (loss), net of tax	(49		)	(57		)	(66		)	123			(49		)
Comprehensive income (loss)	$	654		$	671		$	24		$	(695	)	$	654



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2013
	Parent		Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	624	$	1,036		$	26		$	(1,062	)	$	624
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	11		(19		)	—			8			—
Foreign currency translation adjustments	6		11			(26		)	—			(9		)
Net change in pension liability, net of tax	—		19			4			—			23
Net change in cash flow hedges, net of tax	5		—			3			—			8
Total other comprehensive income (loss), net of tax	22		11			(19		)	8			22
Comprehensive income (loss)	$	646	$	1,047		$	7		$	(1,054	)	$	646



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	629		$	647		$	78		$	(725	)	$	629
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	13			24			—			(37		)	—
Foreign currency translation adjustments	(3		)	(4		)	26			—			19
Net change in pension liability, net of tax	—			(7		)	(1		)	—			(8		)
Net change in cash flow hedges, net of tax	(10		)	—			(1		)	—			(11		)
Total other comprehensive income (loss), net of tax	—			13			24			(37		)	—
Comprehensive income (loss)	$	629		$	660		$	102		$	(762	)	$	629



	Condensed Consolidating Balance Sheets
	As of December 31, 2014
	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 expenses 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 Balance Sheets
	As of December 31, 2013
	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	88	$	65	$	—		$	153
Accounts receivable:
Trade, net	—		502		62		—			564
Other	2		43		13		—			58
Related party receivable	12		7		—		(19		)	—
Inventories	—		172		28		—			200
Deferred tax assets	—		63		6		(3		)	66
Prepaid and other current assets	184		58		4		(168		)	78
Total current assets	198		933		178		(190		)	1,119
Property, plant and equipment, net	—		1,081		92		—			1,173
Investments in consolidated subsidiaries	5,438		590		—		(6,028		)	—
Investments in unconsolidated subsidiaries	1		—		14		—			15
Goodwill	—		2,966		22		—			2,988
Other intangible assets, net	—		2,616		78		—			2,694
Long-term receivable, related parties	3,077		3,766		259		(7,102		)	—
Other non-current assets	32		95		—		—			127
Non-current deferred tax assets	27		—		85		(27		)	85
Total assets	$	8,773	$	12,047	$	728	$	(13,347	)	$	8,201

Current liabilities:
Accounts payable	$	—	$	247	$	24	$	—		$	271
Related party payable	—		12		7		(19		)	—
Deferred revenue	—		63		2		—			65
Short-term borrowings and current portion of long-term obligations	65		1		—		—			66
Income taxes payable	—		194		7		(168		)	33
Other current liabilities	110		448		40		(3		)	595
Total current liabilities	175		965		80		(190		)	1,030
Long-term obligations to third parties	2,453		55		—		—			2,508
Long-term obligations to related parties	3,766		3,336		—		(7,102		)	—
Non-current deferred tax liabilities	—		781		1		(27		)	755
Non-current deferred revenue	—		1,278		40		—			1,318
Other non-current liabilities	102		194		17		—			313
Total liabilities	6,496		6,609		138		(7,319		)	5,924
Total stockholders' equity	2,277		5,438		590		(6,028		)	2,277
Total liabilities and stockholders' equity	$	8,773	$	12,047	$	728	$	(13,347	)	$	8,201



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(122	)	$	1,055		$	89		$	—		$	1,022
Investing activities:
Acquisition of business	—			(19		)	—			—			(19		)
Purchase of property, plant and equipment	—			(130		)	(40		)	—			(170		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Return of capital	—			2			(2		)	—			—
Proceeds from disposals of property, plant and equipment	—			8			—			—			8
Issuance of related party notes receivable	—			(882		)	(55		)	937			—
Other, net	(3		)	—			—			—			(3		)
Net cash (used in) provided by investing activities	(3		)	(1,022		)	(97		)	937			(185		)
Financing activities:
Proceeds from issuance of related party debt	882			55			—			(937		)	—
Net (repayment) issuance of commercial paper	(65		)	—			—			—			(65		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(317		)	—			—			—			(317		)
Tax withholdings related to net share settlements of certain stock awards	(16		)	—			—			—			(16		)
Proceeds from stock options exercised	41			—			—			—			41
Excess tax benefit on stock-based compensation	—			11			—			—			11
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	125			65			—			(937		)	(747		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			98			(8		)	—			90
Effect of exchange rate changes on cash and cash equivalents	—			—			(6		)	—			(6		)
Cash and cash equivalents at beginning of year	—			88			65			—			153
Cash and cash equivalents at end of period	$	—		$	186		$	51		$	—		$	237



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2013
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(99	)	$	889		$	84		$	(8	)	$	866
Investing activities:
Acquisition of business	—			(10		)	—			—			(10		)
Purchase of property, plant and equipment	—			(154		)	(25		)	—			(179		)
Purchase of intangible assets	—			(5		)	—			—			(5		)
Return of capital	—			19			(19		)	—			—
Proceeds from disposals of property, plant and equipment	—			1			—			—			1
Issuance of related party notes receivable	—			(810		)	(80		)	890			—
Repayment of related party notes receivable	250			65			—			(315		)	—
Other, net	(3		)	1			—			—			(2		)
Net cash (used in) provided by investing activities	247			(893		)	(124		)	575			(195		)
Financing activities:
Proceeds from issuance of related party debt	802			80			8			(890		)	—
Repayment of related party debt	(65		)	(250		)	—			315			—
Repayment of senior unsecured notes	(250		)	—			—			—			(250		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(302		)	—			(8		)	8			(302		)
Tax withholdings related to net share settlements of certain stock awards	(13		)	—			—			—			(13		)
Net issuance of commercial paper	65			—			—			—			65
Proceeds from stock options exercised	15			—			—			—			15
Excess tax benefit on stock-based compensation	—			6			—			—			6
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	(148		)	(165		)	—			(567		)	(880		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(169		)	(40		)	—			(209		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(4		)	—			(4		)
Cash and cash equivalents at beginning of year	—			257			109			—			366
Cash and cash equivalents at end of period	$	—		$	88		$	65		$	—		$	153



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(193	)	$	559		$	116		$	—		$	482
Investing activities:
Purchase of property, plant and equipment	—			(193		)	(24		)	—			(217		)
Purchase of intangible assets	—			(7		)	—			—			(7		)
Return of capital	—			21			(21		)	—			—
Proceeds from disposals of property, plant and equipment	—			7			—			—			7
Issuance of related party notes receivable	—			(859		)	(25		)	884			—
Repayment of related party notes receivable	450			500			—			(950		)	—
Net cash (used in) provided by investing activities	450			(531		)	(70		)	(66		)	(217		)
Financing activities:
Proceeds from issuance of related party debt	859			25			—			(884		)	—
Repayment of related party debt	(500		)	(450		)	—			950			—
Proceeds from issuance of senior unsecured notes	500			—			—			—			500
Repayment of senior unsecured notes	(450		)	—			—			—			(450		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(284		)	—			—			—			(284		)
Proceeds from stock options exercised	22			—			—			—			22
Excess tax benefit on stock-based compensation	—			16			—			—			16
Deferred financing charges paid	(4		)	—			—			—			(4		)
Other, net	—			(3		)	—			—			(3		)
Net cash (used in) provided by financing activities	(257		)	(412		)	—			66			(603		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(384		)	46			—			(338		)
Effect of exchange rate changes on cash and cash equivalents	—			—			3			—			3
Cash and cash equivalents at beginning of year	—			641			60			—			701
Cash and cash equivalents at end of year	$	—		$	257		$	109		$	—		$	366

Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2014

Selected Quarterly Financial Data [Abstract]

Quarterly Financial Information [Text Block]

Selected Quarterly Financial Data (unaudited)

The following table summarizes the Company's information on net sales, gross profit, net income, earnings per share and other quarterly financial data by quarter for the years ended December 31, 2014 and 2013. This data, with the exception of the common stock prices, was derived from the Company's unaudited consolidated financial statements (in millions, except per share data).



	First		Second		Third		Fourth
For the Year Ended December 31,	Quarter		Quarter		Quarter		Quarter
2014
Net sales	$	1,398	$	1,631	$	1,583	$	1,509
Gross profit	844		966		925		895
Net income	155		210		188		150
Earnings per common share — basic	$	0.78	$	1.07	$	0.97	$	0.77
Earnings per common share — diluted	0.78		1.06		0.96		0.77
Dividend declared per share	0.41		0.41		0.41		0.41
Common stock price
High	$	54.46	$	60.22	$	65.32	$	74.00
Low	47.22		51.19		58.41		61.85
2013
Net sales	$	1,380	$	1,611	$	1,543	$	1,463
Gross profit	790		935		893		880
Net income	106		155		207		156
Earnings per common share — basic	$	0.52	$	0.76	$	1.02	$	0.78
Earnings per common share — diluted	0.51		0.76		1.01		0.78
Dividend declared per share	0.38		0.38		0.38		0.38
Common stock price
High	$	46.95	$	50.36	$	48.29	$	49.17
Low	42.47		44.98		44.31		43.38

Business and Basis of Presentation (Policies)	12 Months Ended
Business and Basis of Presentation (Policies)	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations [Text Block]	Nature of Operations DPS is a leading integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States ("U.S."), Canada, and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks ("CSDs") and non-carbonated beverages ("NCBs"), including ready-to-drink teas, juices, juice drinks, mixers and water. The Company's brand portfolio includes popular CSD brands such as Dr Pepper, Canada Dry, 7UP, Squirt, Peñafiel, Crush, A&W, Sunkist soda and Schweppes, and NCB brands such as Snapple, Hawaiian Punch, Mott's, Clamato, Mr & Mrs T mixers and Rose's. We were incorporated in Delaware on October 24, 2007. In 2008, Cadbury separated its beverage business in the U.S., Canada, Mexico and the Caribbean (the "Americas Beverages business") from its global confectionery business by contributing the subsidiaries that operated its Americas Beverages business to us.
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 the prior year. The Company's financing of the VIE, which eliminates in consolidation, was used by the VIE to purchase certain property, plant and equipment. The assets and liabilities of the VIE were not significant to the Company’s consolidated financial statements. 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.
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). 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. The Company has evaluated subsequent events through the date of issuance of the Company's Audited Consolidated Financial Statements.

Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2014

Significant Accounting Policies [Abstract]

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

Cash and cash equivalents include cash and investments in short-term, highly liquid securities, with original maturities of three months or less.

Receivables, Policy [Policy Text Block]

Trade Accounts Receivable and Allowance for Doubtful Accounts

Trade accounts receivable are recorded at the invoiced amount and do not bear interest.

Activity in the allowance for doubtful accounts during the years ended December 31, 2014, 2013 and 2012 was as follows (in millions):



	2014			2013			2012
Balance, beginning of the year	$	3		$	3		$	3
Net charge to costs and expenses	1			1			2
Write-offs and adjustments	(2		)	(1		)	(2		)
Balance, end of the year	$	2		$	3		$	3

Inventory, Policy [Policy Text Block]

Inventories

Property, Plant and Equipment, Policy [Policy Text Block]

Property, Plant and Equipment, Net

For financial reporting purposes, depreciation is computed on the straight-line method over the estimated useful asset lives as follows:



Type of Asset	Useful Life
Buildings			40 years
Building improvements	5	to	35 years
Machinery and equipment	3	to	23 years
Vehicles	5	to	12 years
Cold drink equipment	3	to	7 years
Computer software	3	to	8 years

Goodwill and Indefinite-Lived Intangible Assets

Goodwill and Other Intangible Assets

Identifiable intangible assets deemed by the Company to have determinable finite useful lives are amortized on a straight-line basis over their estimated useful lives as follows:



Type of Intangible Asset	Useful Life
Brands			10 years
Customer relationships			10 years
Distribution rights	5	to	15 years

Other Assets, Policy [Policy Text Block]

Capitalized Customer Incentive Programs

Derivatives, Policy [Policy Text Block]

Derivatives

Fair Value Measurement, Policy [Policy Text Block]

Fair Value

The fair value of senior unsecured notes and marketable securities as of December 31, 2014 and 2013 are based on quoted market prices for publicly traded securities.

Transfers between levels are recognized at the end of each reporting period.

Pension and Postretirement Benefits

The expense related to the postretirement plans has been determined in accordance with U.S. GAAP and the Company accrues the cost of these benefits during the years that employees render service.

Risk Management Programs

Income Taxes

Revenue Recognition

Customer Marketing Programs and Incentives

Shipping and Handling Cost, Policy [Policy Text Block]

Transportation and Warehousing Costs

Advertising Costs, Policy [Policy Text Block]

Advertising and Marketing Expense

Research and Development Expense, Policy [Policy Text Block]

Research and Development Costs

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock-Based Compensation Expense

Deferred Compensation Plan

Foreign Currency Transactions and Translations Policy [Policy Text Block]

Foreign Currency Translation

The following table sets forth exchange rate information for the periods and currencies indicated:



Mexican Peso to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	14.74	13.31
2013	13.08	12.77
2012	12.97	13.15



Canadian Dollar to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	1.16	1.10
2013	1.06	1.03
2012	0.99	1.00

Recently Issued Accounting Standards

Recently Adopted Provisions of U.S. GAAP

In accordance with U.S. GAAP, the following provisions, which had no material impact on the Company's financial position, results of operations or cash flows, were effective as of January 1, 2014:

•the requirement related to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists.

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Significant Accounting Policies [Abstract]

Allowance For Doubtful Accounts Activity [Table Text Block]

Activity in the allowance for doubtful accounts during the years ended December 31, 2014, 2013 and 2012 was as follows (in millions):



	2014			2013			2012
Balance, beginning of the year	$	3		$	3		$	3
Net charge to costs and expenses	1			1			2
Write-offs and adjustments	(2		)	(1		)	(2		)
Balance, end of the year	$	2		$	3		$	3

Property, Plant and Equipment Useful Life [Table Text Block]

For financial reporting purposes, depreciation is computed on the straight-line method over the estimated useful asset lives as follows:



Type of Asset	Useful Life
Buildings			40 years
Building improvements	5	to	35 years
Machinery and equipment	3	to	23 years
Vehicles	5	to	12 years
Cold drink equipment	3	to	7 years
Computer software	3	to	8 years

Intangible Assets Life [Table Text Block]

Identifiable intangible assets deemed by the Company to have determinable finite useful lives are amortized on a straight-line basis over their estimated useful lives as follows:



Type of Intangible Asset	Useful Life
Brands			10 years
Customer relationships			10 years
Distribution rights	5	to	15 years

Foreign Exchange Rates [Table Text Block]

The following table sets forth exchange rate information for the periods and currencies indicated:



Mexican Peso to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	14.74	13.31
2013	13.08	12.77
2012	12.97	13.15



Canadian Dollar to U.S. Dollar Exchange Rate	End of Year Rates	Annual Average Rates
2014	1.16	1.10
2013	1.06	1.03
2012	0.99	1.00

Acquisition (Tables)

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Business Acquisitions [Abstract]

Schedule of Business Acquisitions

The following table summarizes the preliminary allocation of fair value of the assets acquired and liabilities assumed by major class for the acquisition (in millions):



	Fair Value		Useful Life
Property, plant & equipment	$	10	1 - 10 years
Distribution rights: indefinite-lived	3		—
Goodwill	5		—
Current assets, net of current liabilities assumed	3		—
Total	$	21

The following table summarizes the allocation of fair value of the assets acquired and liabilities assumed by major class for the acquisition (in millions):



	Fair Value			Useful Life
Property, plant & equipment	$	7		3 - 40 years
Distribution rights: definite-lived	2			5 - 15 years
Distribution rights: indefinite-lived	10			—
Goodwill	5			—
Current liabilities, net of current assets assumed	(1		)	—
Total	$	23

Inventories (Tables)

12 Months Ended

Dec. 31, 2014

Inventories (Tables) [Abstract]

Inventories consisted

Inventories as of December 31, 2014 and 2013 consisted of the following (in millions):



	December 31,			December 31,
	2014			2013
Raw materials	$	92		$	86
Spare parts	18			22
Work in process	5			4
Finished goods	126			122
Inventories at FIFO cost	241			234
Reduction to LIFO cost	(37		)	(34		)
Inventories	$	204		$	200

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Net property, plant and equipment consisted of the following as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Land	$	73		$	73
Buildings and improvements	488			483
Machinery and equipment	1,389			1,302
Cold drink equipment	299			310
Software	244			221
Construction in progress	49			63
Gross property, plant and equipment	2,542			2,452
Less: accumulated depreciation and amortization	(1,401		)	(1,279		)
Net property, plant and equipment	$	1,141		$	1,173

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Goodwill and Other Intangible Assets (Tables) [Abstract]

Change in goodwill by operating segments

Changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013, 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, 2013
Goodwill	$	1,732	$	1,220	$	180		$	31		$	3,163
Accumulated impairment losses	—		—		(180		)	—			(180		)
	1,732		1,220		—			31			2,983
Acquisition activity⁽²⁾	—		—		5			—			5
Balance as of December 31, 2013
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⁽³⁾	—		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

____________________________


(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 DP/7UP West. See Note 3 for further information related to the acquisition.


(3)	The acquisition activity represents the goodwill associated with the purchase of Davis. See Note 3 for further information related to the acquisition.

Change in intangible assets other than goodwill

The net carrying amounts of intangible assets other than goodwill as of December 31, 2014 and 2013 are as follows (in millions):



	December 31, 2014							December 31, 2013
	Gross		Accumulated			Net		Gross		Accumulated			Net
	Amount		Amortization			Amount		Amount		Amortization			Amount
Intangible assets with indefinite lives:
Brands⁽¹⁾	$	2,643	$	—		$	2,643	$	2,652	$	—		$	2,652
Distribution rights⁽²⁾	27		—			27		24		—			24
Intangible assets with finite lives:
Brands	29		(28		)	1		29		(27		)	2
Distribution rights	13		(4		)	9		12		(3		)	9
Customer relationships	76		(72		)	4		76		(69		)	7
Bottler agreements	19		(19		)	—		19		(19		)	—
Total	$	2,807	$	(123	)	$	2,684	$	2,812	$	(118	)	$	2,694

____________________________


(1)	In 2014, brands with indefinite lives decreased due to $9 million impact of foreign currency translation.


(2)	In 2014, distribution rights included $3 million indefinite-lived distribution rights associated with the purchase of Davis. See Note 3 for further information related to the acquisition.

Amortization expense of intangible assets

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



Year	Aggregate Amortization Expense
2015	$	6
2016	3
2017	1
2018	1
2019	—

Annual Impairment Test Results [Table Text Block]

<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;background-color:#ffffff;">The results of the impairment test for brands are as follows (in millions):</font></div><div style="line-height:120%;padding-top:12px;text-align:left;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;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="66%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" 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="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Headroom Percentage</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;">Fair Value</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;">Carrying Value</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;">0 - 10%</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;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" 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;border-top:1px solid #000000;" 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: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;">11 - 20%</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;">—</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;">—</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: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;">21 - 50%</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;">259</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;">191</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: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;">> 50%</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;border-bottom:1px solid #000000;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;">14,050</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" 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;border-bottom:1px solid #000000;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;">2,458</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" 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: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;"><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;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,309</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,649</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" 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>

<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;background-color:#ffffff;">The results of the impairment test for brands are as follows (in millions):</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:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="66%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" 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="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Headroom Percentage</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;">Fair Value</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;">Carrying Value</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;">0 - 10%</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;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" 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;border-top:1px solid #000000;" 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: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;">11 - 20%</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;">—</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;">—</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: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;">21 - 50%</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;">918</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;">655</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: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;">> 50%</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;border-bottom:1px solid #000000;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;">11,034</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" 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;border-bottom:1px solid #000000;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;">1,997</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" 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: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;"><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;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,952</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,652</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" 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>

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

12 Months Ended

Dec. 31, 2014

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

Prepaid expenses and other current assets and liabilities consisted

The table below details the components of prepaid expenses and other current assets and other current liabilities as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Prepaid expenses and other current assets:
Customer incentive programs	$	18	$	24
Derivative instruments	11		21
Current assets held for sale	12		—
Other	45		33
Total prepaid expenses and other current assets	$	86	$	78
Other current liabilities:
Customer rebates and incentives	$	248	$	214
Accrued compensation	127		107
Insurance liability	46		47
Interest accrual	26		26
Dividends payable	79		75
Derivative instruments	18		13
Other	128		113
Total other current liabilities	$	672	$	595

Debt (Tables)

12 Months Ended

Dec. 31, 2014

Short-term Debt [Line Items]

Long Term Debt Obligations

The following table summarizes the Company's long-term obligations as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Senior unsecured notes⁽¹⁾	$	2,505		$	2,453
Capital lease obligations	86			56
Subtotal	2,591			2,509
Less — current portion	(3		)	(1		)
Long-term obligations	$	2,588		$	2,508

____________________________


(1)	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $34 million and $18 million as of December 31, 2014 and 2013, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 10 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 as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Commercial paper	$	—	$	65
Current portion of long-term obligations	3		1
Short-term borrowings and current portion of long-term obligations	$	3	$	66

Schedule of Long-term Debt Instruments

The Company's senior unsecured notes consisted of the following (in millions):



			Principal Amount		Carrying Amount
			December 31,		December 31,		December 31,
Issuance	Maturity Date	Rate	2014		2014		2013
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		248
2020 Notes	January 15, 2020	2.00%	250		245		241
2021 Notes	November 15, 2021	3.20%	250		249		241
2022 Notes	November 15, 2022	2.70%	250		265		247
2038 Notes	May 1, 2038	7.45%	250		272		252
			$	2,474	$	2,505	$	2,453

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 Revolver and each sublimit arrangement type as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2014</font><font style="font-family:inherit;font-size:10pt;"> (in millions):</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="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;">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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Derivatives (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedges, Assets [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 Consolidated Balance Sheets as of December 31, 2014 and 2013 (in millions):



	Balance Sheet Location	December 31, 2014		December 31, 2013
Assets:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts⁽¹⁾	Prepaid expenses and other current assets	$	11	$	17
Foreign exchange forward contracts	Prepaid expenses and other current assets	—		3
Interest rate contracts	Other non-current assets	29		—
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Prepaid expenses and other current assets	—		1
Total assets		$	40	$	21
Liabilities:
Derivative instruments designated as hedging instruments under U.S. GAAP:
Interest rate contracts	Other non-current liabilities	9		34
Derivative instruments not designated as hedging instruments under U.S. GAAP:
Commodity contracts	Other current liabilities	18		13
Commodity contracts	Other non-current liabilities	8		—
Total liabilities		$	35	$	47

____________________________

(1)

Derivative Instruments Designated As Cash Flow Hedging Instruments



	Amount of (Loss) Gain Recognized in Comprehensive Income			Amount of (Loss) Gain Reclassified from AOCL into Income			Location of (Loss) Gain Reclassified from AOCL into Income
For the year ended December 31, 2014:
Interest rate contracts ⁽¹⁾	$	(2	)	$	(8	)	Interest expense
Foreign exchange forward contracts	(2		)	1			Cost of sales
Total	$	(4	)	$	(7	)

For the year ended December 31, 2013:
Interest rate contracts ⁽¹⁾	$	—		$	(7	)	Interest expense
Foreign exchange forward contracts	4			(1		)	Cost of sales
Total	$	4		$	(8	)

For the year ended December 31, 2012:
Interest rate contracts ⁽¹⁾	$	(19	)	$	(3	)	Interest expense
Foreign exchange forward contracts	(3		)	(2		)	Cost of sales
Total	$	(22	)	$	(5	)

__________________________

(1)

Derivative instruments designated as fair value hedging instruments



	Amount of Gain		Location of Gain
	Recognized in Income		Recognized in Income
For the year ended December 31, 2014:
Interest rate contracts	$	16	Interest expense
Total	$	16

For the year ended December 31, 2013:
Interest rate contracts	$	9	Interest expense
Total	$	9

For the year ended December 31, 2012:
Interest rate contracts⁽¹⁾	$	10	Interest expense
Total	$	10

____________________________


(1)	The gain recognized in interest expense included amortization of the adjustment to the carrying value of the 2012 Notes as a result of the de-designation of a $450 million notional interest rate swap related to those Notes in 2010. For the year ended December 31, 2012, the amortization of this adjustment was $2 million.

Schedule Of Derivative Instruments Not Designated As Hedging Instruments



	Amount of (Loss) Gain			Location of (Loss) Gain
	Recognized in Income			Recognized in Income
For the year ended December 31, 2014:
Commodity contracts⁽¹⁾	$	1		Cost of sales
Commodity contracts⁽¹⁾	(26		)	SG&A expenses
Total	$	(25	)

For the year ended December 31, 2013:
Commodity contracts⁽¹⁾	$	(24	)	Cost of sales
Commodity contracts⁽¹⁾	1			SG&A expenses
Total	$	(23	)

For the year ended December 31, 2012:
Commodity contracts⁽¹⁾	3			SG&A expenses
Total	$	3

____________________________


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

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

12 Months Ended

Dec. 31, 2014

Other Non Current Assets And Other Non Current Liabilities (Tables) [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 as of December 31, 2014 and 2013 (in millions):



	December 31,		December 31,
	2014		2013
Other non-current assets:
Deferred financing costs, net	$	9	$	11
Customer incentive programs	55		59
Marketable securities - trading	25		21
Derivative instruments	29		—
Assets held for sale	—		1
Other	41		35
Total other non-current assets	$	159	$	127
Other non-current liabilities:
Long-term payables due to Mondelēz	$	37	$	47
Long-term pension and post-retirement liability	44		26
Multi-employer pension plan withdrawal liability	57		56
Insurance liability	90		89
Derivative instruments	17		34
Deferred compensation liability	25		21
Other	32		40
Total other non-current liabilities	$	302	$	313

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

dps_IncomebeforeprovisionTableTextBlock [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries was as follows (in millions):



	For the Year Ended December 31,
	2014		2013		2012
U.S.	$	958	$	436	$	880
Non-U.S.	115		106		98
Total	$	1,073	$	542	$	978

Summary of Income Tax Contingencies [Table Text Block]

The provision (benefit) for income taxes has the following components (in millions):



	For the Year Ended December 31,
	2014		2013			2012
Current:
Federal	$	259	$	(211	)	$	215
State	49		(58		)	32
Non-U.S.	20		50			11
Total current provision (benefit)	328		(219		)	258
Deferred:
Federal	36		95			72
State	1		10			10
Non-U.S.	6		33			9
Total deferred provision	43		138			91
Total provision (benefit) for income taxes	$	371	$	(81	)	$	349

dps_Reconciliationofincometaxes [Table Text Block]



	For the Year Ended December 31,
	2014			2013			2012
Statutory federal income tax of 35%	$	375		$	190		$	342
Completion of 2006-2008 IRS audit	—			(463		)	—
Canada amortization law change	—			50			—
Impact of non-taxable indemnity income/non-tax deductible indemnity expense⁽¹⁾	—			137			—
State income taxes, net	32			34			35
U.S. federal domestic manufacturing benefit	(26		)	(23		)	(21		)
Impact of non-U.S. operations	(14		)	(7		)	(9		)
Indemnified taxes⁽²⁾	—			5			8
Other	4			(4		)	(6		)
Total provision (benefit) provision for income taxes	$	371		$	(81	)	$	349
Effective tax rate	34.6		%	(14.9		)%	35.7		%

____________________________

(1)


(2)	Amounts represent tax expense recorded by the Company for which Mondelēz was obligated to indemnify DPS under the Tax Indemnity Agreement but excludes the amounts with respect to the completion of the 2006-2008 IRS audit and the Canada amortization law change as they are separately shown on the rate reconciliation.

Summary of Deferred Tax Liability Not Recognized [Table Text Block]

Deferred tax assets (liabilities) were comprised of the following as of December 31, 2014 and 2013 (in millions):



	December 31,			December 31,
	2014			2013
Deferred income tax assets:
Deferred revenue	$	501		$	530
Accrued liabilities	72			70
Pension and postretirement benefits	36			29
Net operating loss and credit carryforwards	22			24
Compensation	34			22
Inventory	4			10
Other	37			35
	706			720
Deferred income tax liabilities:
Intangible assets and goodwill	(1,116		)	(1,075		)
Fixed assets	(198		)	(204		)
Other	(21		)	(12		)
	(1,335		)	(1,291		)
Valuation allowance	(31		)	(33		)
Net deferred income tax liability	$	(660	)	$	(604	)

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]

The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits for the years ended December 31, 2014, 2013 and 2012 (in millions):



	December 31,			December 31,			December 31,
	2014			2013			2012
Beginning balance	$	14		$	469		$	480
Increases related to tax positions taken during the current year	—			1			—
Increases related to tax positions taken during the prior year	3			6			3
Decreases related to tax positions taken during the prior year	(2		)	(432		)	(4		)
Decreases related to settlements with taxing authorities	(1		)	(27		)	(4		)
Decreases related to lapse of applicable statute of limitations	(1		)	(3		)	(6		)
Ending balance	$	13		$	14		$	469

Other Expense (Income), Net (Tables)

12 Months Ended

Dec. 31, 2014

Other Expense (Income), Net [Abstract]

Schedule of Other Nonoperating Income (Expense) [Table Text Block]

The table below details the components of other expense (income), net for the years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013			2012
Indemnity expense (income) from Mondelēz	$	—	$	387		$	(9	)
Other	—		(4		)	—
Other expense (income), net	$	—	$	383		$	(9	)

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Employee Benefit Plans (Tables) [Abstract]

Schedule of Net Funded Status [Table Text Block]

The following tables set forth amounts recognized in the Company's financial statements and the plans' funded status for the years ended December 31, 2014 and 2013 (in millions):



							Postretirement
	Pension Plans						Medical Plans
	2014			2013			2014			2013
Projected Benefit Obligations
As of beginning of year	$	259		$	308		$	7		$	9
Service cost	2			3			—			—
Interest cost	13			13			—			—
Actuarial losses (gains), net	46			(35		)	1			(1		)
Benefits paid	(8		)	(10		)	—			(1		)
Currency exchange adjustments	(3		)	(2		)	—			—
Settlements	(82		)	(18		)	—			—
As of end of year	$	227		$	259		$	8		$	7
Fair Value of Plan Assets
As of beginning of year	$	237		$	257		$	5		$	5
Actual return on plan assets	30			7			1			—
Employer contributions	12			2			—			1
Benefits paid	(8		)	(10		)	—			(1		)
Currency exchange adjustments	(2		)	(1		)	—			—
Settlements	(82		)	(18		)	—			—
As of end of year	$	187		$	237		$	6		$	5

Funded status of plan / net amount recognized	$	(40	)	$	(22	)	$	(2	)	$	(2	)
Funded status — overfunded	$	—		$	1		$	2		$	2
Funded status — underfunded	(40		)	(23		)	(4		)	(4		)
Net amount recognized consists of:
Non-current assets	$	—		$	1		$	2		$	2
Current liabilities	—			(1		)	—			—
Non-current liabilities	(40		)	(22		)	(4		)	(4		)
Net amount recognized	$	(40	)	$	(22	)	$	(2	)	$	(2	)

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

The following table summarizes key pension plan information regarding plans whose accumulated benefit obligations exceed the fair value of their respective plan assets (in millions):



	2014		2013
Aggregate projected benefit obligation	$	226	$	256
Aggregate accumulated benefit obligation	223		256
Aggregate fair value of plan assets	186		234

Schedule of Net Benefit Costs [Table Text Block]



										Postretirement
	Pension Plans									Medical Plans
	For the Year Ended December 31,
	2014			2013			2012			2014		2013			2012
Net Periodic Benefit Costs
Service cost	$	2		$	3		$	2		$	—	$	—		$	—
Interest cost	13			13			14			—		—			—
Expected return on assets	(14		)	(14		)	(15		)	—		—			—
Amortization of actuarial loss	3			4			4			—		—			—
Amortization of prior service credit	—			—			—			—		(1		)	(2		)
Curtailments	—			—			—			—		—			(1		)
Settlements	16			3			—			—		—			—
Net periodic benefit costs	$	20		$	9		$	5		$	—	$	(1	)	$	(3	)
Changes Recognized in OCI
Curtailment effects	$	—		$	—		$	—		$	—	$	—		$	1
Settlement effects	(16		)	(3		)	—			—		—			—
Current year actuarial loss (gain)	30			(29		)	12			—		—			1
Recognition of actuarial loss	(3		)	(4		)	(4		)	—		—			—
Recognition of prior service credit	—			—			—			—		1			2
Total recognized in OCI	$	11		$	(36	)	$	8		$	—	$	1		$	4

Schedule of Amounts Included in Accumulated Other Comprehensive Loss [Table Text Block]

The following table summarizes amounts included in AOCL for the plans as of December 31, 2014 and 2013 (in millions):



					Postretirement
	Pension Plans				Medical Plans
	2014		2013		2014			2013
Prior service cost (credits)	$	2	$	2	$	(1	)	$	(2	)
Net losses	56		45		3			4
Amounts in AOCL	$	58	$	47	$	2		$	2

Schedule of Contributions Made [Table Text Block]



	Projected		Actual
	2015		2014		2013
Pension plans	$	1	$	12	$	2
Postretirement medical plans	—		—		1
Total	$	1	$	12	$	3

Schedule of Expected Benefit Payments [Table Text Block]

The following table summarizes the expected future benefit payments cash activity for the Company's pension and postretirement medical plans in the future (in millions):



	2015		2016		2017		2018		2019		2020-2024
Pension plans	$	11	$	11	$	12	$	12	$	13	$	72
Postretirement medical plans	1		1		1		1		1		3

Schedule of Assumptions Used [Table Text Block]

The following table summarizes the weighted-average assumptions used to determine benefit obligations at the plan measurement dates for U.S. plans:



					Postretirement
	Pension Plans				Medical Plans
	2014		2013		2014		2013
Weighted-average discount rate	4.15	%	5.00	%	4.15	%	5.00	%
Rate of increase in compensation levels	3.00	%	3.00	%	N/A		N/A

The following table summarizes the weighted average actuarial assumptions used to determine the net periodic benefit costs for U.S. plans for the years ended December 31, 2014, 2013 and 2012:



							Postretirement
	Pension Plans						Medical Plans
	2014		2013		2012		2014		2013		2012
Weighted-average discount rate	5.00	%	4.30	%	5.00	%	4.05	%	4.05	%	5.00	%
Expected long-term rate of return on assets	6.00	%	6.00	%	6.50	%	6.00	%	6.00	%	6.50	%
Rate of increase in compensation levels	3.00	%	3.00	%	3.00	%	N/A		N/A		N/A

The following table summarizes the weighted-average assumptions used to determine benefit obligations at the plan measurement dates for foreign plans:



	Pension Plans				Postretirement Medical Plans
	2014		2013		2014		2013
Weighted-average discount rate	4.92	%	5.70	%	3.75	%	4.50	%
Rate of increase in compensation levels	3.89	%	3.87	%	N/A		N/A

The following table summarizes the weighted average actuarial assumptions used to determine the net periodic benefit costs for foreign plans for the years ended December 31, 2014, 2013 and 2012:



							Postretirement
	Pension Plans						Medical Plans
	2014		2013		2012		2014		2013		2012
Weighted-average discount rate	7.11	%	6.90	%	6.12	%	4.50	%	3.75	%	4.00	%
Expected long-term rate of return on assets	7.41	%	7.68	%	7.65	%	N/A		N/A		N/A
Rate of increase in compensation levels	4.30	%	4.24	%	4.03	%	N/A		N/A		N/A

Schedule of Allocation of Plan Assets [Table Text Block]

The asset allocation for the U.S. defined benefit pension plans for
December 31, 2014 and 2013 are as follows:



	Target		Actual
Asset Category	2015		2014		2013
Equity securities	25	%	25	%	25	%
Fixed income	75	%	75	%	75	%
Total	100	%	100	%	100	%

Schedule of Allowable Asset Allocation [Table Text Block]

The investment policy contains allowable ranges in asset mix as outlined in the table below:



Asset Category	Target Range
U.S. equity securities	15% - 25%
International equity securities	5% - 10%
U.S. fixed income	65% - 85%

Fair Value Of Pension and Postretirement Benefit Assets [Table Text Block]

The following tables present the major categories of plan assets for the pension and postretirement medical plan assets as of December 31, 2014 and 2013 (in millions):



	Pension Plans			Postretirement Medical Plans
	December 31,	December 31,		December 31,		December 31,
	2014	2013		2014		2013
Cash and cash equivalents	10	$	5	$	—	$	—
Equity securities
U.S. Large-Cap equities	30	39		1		1
International equities	19	23		—		—
Fixed income securities
Derivative financial instruments	31	18		1		—
U.S. Treasuries	22	—		1		—
U.S. Municipal bonds	5	6		—		—
U.S. Corporate bonds	82	138		4		4
International bonds	19	26		—		—
Total assets	218	255		7		5

Fixed income securities
Derivative financial instruments	31	18		1		—
Total liabilities	31	18		1		—

Total net assets	187	$	237	$	6	$	5

Schedule of Multi-employer Plan Expense [Table Text Block]

Contributions paid into the multi-employer plans are expensed as incurred. Multi-employer plan expense was as follows for the years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Multi-employer Plan Expense
Contributions to individually significant multi-employer plans⁽¹⁾	$	3	$	3	$	3
Contributions to all other multi-employer plans	3		3		2
Withdrawal charge for individually significant multi-employer plans⁽²⁾	—		56		—
Withdrawal charge for all other multi-employer plans⁽³⁾	—		1		—
Total	$	6	$	63	$	5

____________________________

(1)

(2)


(3)	During the second quarter of 2013, the Company recognized a $1 million withdrawal charge for one of the collective bargaining units under a multi-employer pension plan based on the trustees' assessment. These charges were recorded as a component of SG&A expenses in the Consolidated Statements of Income.

Schedule of Multiemployer Plans [Table Text Block]

The Company participates in the following individually significant multi-employer plan as of December 31, 2014:



Legal name of the plan		Central States, Southeast and Southwest Areas Pension Fund ("Central States")
Plan's Employer Identification Number		36-6044243
Plan Number		001
Expiration dates of the collective bargain agreements		January 20, 2015 - September 9, 2018⁽²⁾
FIP/RP Status Pending/Implemented⁽¹⁾		Yes
PPA zone status as of December 31, 2014		Red
PPA zone status as of December 31, 2013		Red
Surcharge imposed		Yes

____________________________


(1)	FIP/RP Status Pending/Implemented indicates the plan for which a financial improvement plan ("FIP") or a rehabilitation plan ("RP") is either pending or implemented.


(2)	Central States includes eight collective bargaining agreements. The largest agreement, which is set to expire June 21, 2015, covers approximately 48% of the employees included in Central States. Approximately 72% of the employees included in Central States are covered by three collective bargaining agreements set to expire during 2015.

Schedule of Future Estimated Contributions for Individually Significant Plans [Table Text Block]

Future estimated contributions for the Central States based on the number of covered employees and the terms of the collective bargaining agreements are as follows (in millions):



Year	Estimated Contributions
2015	$	1
2016	—
2017	—
2018	—

Fair Value (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value (Tables) [Abstract]

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

The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	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 at December 31, 2013
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Level 1		Level 2		Level 3
Commodity contracts	$	—	$	1	$	—
Interest rate contracts	—		17		—
Foreign exchange forward contracts	—		3		—
Marketable securities - trading	21		—		—
Total assets	$	21	$	21	$	—

Commodity contracts	$	—	$	13	$	—
Interest rate contracts	—		34		—
Total liabilities	$	—	$	47	$	—

Fair Value Of Pension Assets [Table Text Block]

The following tables present the major categories of plan assets and the respective fair value hierarchy for the pension plan assets as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	10	$	10	$	—	$	—
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	30		—		30		—
International equities⁽²⁾	19		—		19		—
Fixed income securities
Derivative financial instruments⁽³⁾	31		—		31		—
U.S. Treasuries	22		22		—		—
U.S. Municipal bonds⁽⁴⁾	5		—		5		—
U.S. Corporate bonds⁽⁴⁾	82		—		82		—
International bonds⁽²⁾	19		—		19		—
Total assets	218		32		186		—

Fixed income securities
Derivative financial instruments⁽³⁾	31		—		31		—
Total liabilities	31		—		31		—

Total net assets	$	187	$	32	$	155	$	—



	Fair Value Measurements at December 31, 2013
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	5	$	5	$	—	$	—
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	39		—		39		—
International equities⁽²⁾	23		—		23		—
Fixed income securities
Derivative financial instruments⁽³⁾	18		—		18		—
U.S. Municipal bonds⁽⁴⁾	6		—		6		—
U.S. Corporate bonds⁽⁴⁾	138		—		138		—
International bonds⁽²⁾	26		—		26		—
Total assets	255		5		250		—

Fixed income securities
Derivative financial instruments⁽³⁾	18		—		18		—
Total liabilities	18		—		18		—

Total net assets	$	237	$	5	$	232	$	—

____________________________


(1)	Equity securities are comprised of actively managed U.S. index funds and Europe, Australia, Far East ("EAFE") index funds.


(2)	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.


(3)	Derivative financial instruments consist of U.S Treasury futures. The fair value of these futures is determined by using quoted market prices of the same or similar instruments.


(4)	U.S. Municipal and Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.

Fair Value Of Postretirement Medical Plan Assets [Table Text Block]

The following tables present the major categories of plan assets and the respective fair value hierarchy for the postretirement medical plan assets as of December 31, 2014 and 2013 (in millions):



	Fair Value Measurements at December 31, 2014
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	$	1	$	—	$	1	$	—
Fixed income securities
Derivative financial instruments⁽⁴⁾	1		—		1		—
U.S. Treasuries	1		1		—		—
U.S. Corporate bonds⁽³⁾	4		—		4		—
Total	7		1		6		—

Fixed income securities
Derivative financial instruments⁽⁴⁾	1		—		1		—
Total liabilities	1		—		1		—

Total net assets	$	6	$	1	$	5	$	—



	Fair Value Measurements at December 31, 2013
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		Level 1		Level 2		Level 3
Equity securities⁽¹⁾
U.S. Large-Cap equities⁽²⁾	$	1	$	—	$	1	$	—
Fixed income securities
U.S. Corporate bonds⁽³⁾	4		—		4		—
Total	$	5	$	—	$	5	$	—

____________________________


(1)	Equity securities are comprised of actively managed U.S. index funds and EAFE index funds.


(2)	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.


(3)	U.S. Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.


(4)	Derivative financial instruments consist of U.S Treasury futures. The fair value of these futures is determined by using quoted market prices of the same or similar instruments.

Fair Value Measurements, Nonrecurring

The estimated fair values of long-term obligations as of December 31, 2014 and 2013, are as follows (in millions):



	December 31, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt – 2016 Notes	$	500	$	510	$	500	$	519
Long-term debt – 2018 Notes	724		835		724		856
Long-term debt – 2019 Notes⁽¹⁾	250		253		248		252
Long-term debt – 2020 Notes⁽¹⁾	245		244		241		236
Long-term debt – 2021 Notes⁽¹⁾	249		255		241		241
Long-term debt – 2022 Notes⁽¹⁾	265		244		247		226
Long-term debt – 2038 Notes⁽¹⁾	272		363		252		317

____________________________


(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 10 for additional information regarding derivatives.

Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2014

Share Based Compensation (Tables) [Abstract]

Stock Based Compensation Expense

The components of stock-based compensation expense for the years ended December 31, 2014, 2013 and 2012 are presented below (in millions):



	For the Year Ended December 31,
	2014			2013			2012
Total stock-based compensation expense	$	48		$	37		$	35
Income tax benefit recognized in the income statement	(17		)	(12		)	(12		)
Stock-based compensation expense, net of tax	$	31		$	25		$	23

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The weighted average assumptions used to value grant options are detailed below:



	For the Year Ended December 31,
	2014			2013			2012
Fair value of options at grant date	$	5.80		$	6.92		$	7.05
Risk free interest rate	1.25		%	0.68		%	0.87		%
Expected term of options (in years)	4.4			4.5			5.1
Dividend yield	3.35		%	3.39		%	3.52		%
Expected volatility	20.03		%	27.42		%	30.64		%

Schedule of Share-based Compensation, Stock Options, Activity

The table below summarizes stock option activity for the year ended December 31, 2014:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2014	2,031,833		$	37.59	7.65	$	23
Granted	667,139		51.68
Exercised	(1,151,479	)	35.40			24
Forfeited or expired	(18,258	)	46.99
Outstanding as of December 31, 2014	1,529,235		45.27		8.20	40
Exercisable as of December 31, 2014	284,595		38.58		7.01	9

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, 2014	2,139,143		$	39.15	1.12	$	104
Granted	590,347		51.81
Vested and released	(730,285	)	36.53			38
Forfeited	(73,271	)	43.76
Outstanding as of December 31, 2014	1,925,934		43.85		1.08	138

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

The fair value of performance share units is determined based on the number of units granted and the grant date price of 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, 2014	422,866		$	39.88	1.26	$	21
Granted	154,157		51.88
Vested and released	(104,165	)	36.42			5
Forfeited	(28,577	)	38.16
Outstanding as of December 31, 2014	444,281		44.97		1.07	32

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share (Tables) [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 years ended December 31, 2014, 2013 and 2012 (in millions, except per share data):



	For the Year Ended December 31,
	2014		2013		2012
Basic EPS:
Net income	$	703	$	624	$	629
Weighted average common shares outstanding	195.8		202.9		210.6
Earnings per common share — basic	$	3.59	$	3.08	$	2.99
Diluted EPS:
Net income	$	703	$	624	$	629
Weighted average common shares outstanding	195.8		202.9		210.6
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units	1.6		1.6		1.7
Weighted average common shares outstanding and common stock equivalents	197.4		204.5		212.3
Earnings per common share — diluted	$	3.56	$	3.05	$	2.96

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2014

Comprehensive Income (Tables) [Abstract]

Accumulated other comprehensive income (loss), net of taxes

The following table provides a summary of changes in the balances of each component of AOCL, net of taxes, for the years ended December 31, 2014, 2013 and 2012 (in millions):



	Foreign Currency Translation Adjustments			Net Change in Pension Liability			Net Change in Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance as of January 1, 2012	$	(27	)	$	(48	)	$	(35	)	$	(110	)
Current year OCI	19			(8		)	(11		)	—
Balance as of December 31, 2012	(8		)	(56		)	(46		)	(110		)
OCI before reclassifications	(9		)	19			3			13
Amounts reclassified from AOCL	—			4			5			9
Net current year OCI	(9		)	23			8			22
Balance as of December 31, 2013	(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	)

Schedule of Reclassifications out of AOCL and into Net Income

The following table presents the amount of loss reclassified from AOCL into the Consolidated Statements of Income for the years ended December 31, 2014 and 2013 (in millions):



		For the Year Ended December 31,
	Location of (Loss) Gain Reclassified from AOCL into Net Income	2014			2013
(Loss) Gain on cash flow hedges:
Interest rate contracts	Interest expense	$	(8	)	$	(7	)
Foreign exchange forward contracts	Cost of sales	1			(1		)
Total		(7		)	(8		)
Income tax expense		(3		)	(3		)
Total		$	(4	)	$	(5	)

Defined benefit pension and postretirement plan items:
Amortization of prior service costs	Selling, general and administrative expenses	$	—		$	1
Amortization of actuarial gains/(losses), net	Selling, general and administrative expenses	(3		)	(4		)
Settlement loss	Selling, general and administrative expenses	(16		)	(3		)
Total		(19		)	(6		)
Income tax expense		(7		)	(2		)
Total		$	(12	)	$	(4	)
Total reclassifications		$	(16	)	$	(9	)

Supplemental Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2014

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 years ended December 31, 2014, 2013 and 2012 (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Supplemental cash flow disclosures of non-cash investing and financing activities:
Dividends declared but not yet paid	$	79	$	75	$	70
Capital expenditures included in accounts payable and other current liabilities	11		21		27
Holdback liability for acquisition of business	2		—		—
Stock issued for acquisition of business	—		13		—
Capital lease additions⁽¹⁾	31		1		49
Supplemental cash flow disclosures:
Interest paid	$	94	$	107	$	115
Income taxes paid	345		310		724

__________________________


(1)	The Company converted a number of month-to-month operating leases into capital leases which is presented as a non-cash financing activity.

Leases (Tables)

12 Months Ended

Dec. 31, 2014

Leases [Abstract]

Future Minimum Lease Payments for Operating and Capital Leases [Table Text Block]



	Operating Leases		Capital Leases
2015	$	47	$	11
2016	40		11
2017	32		11
2018	24		11
2019	21		10
Thereafter	75		167
Total minimum lease payments	$	239	221
Less imputed interest			(135		)
Present value of minimum lease payments			$	86

Segments (Tables)

12 Months Ended

Dec. 31, 2014

Segments (Tables) [Abstract]

Schedule of Segment Reporting Information, by Segment

Information about the Company's operations by operating segment as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012 is as follows (in millions):



	For the Year Ended December 31,
	2014		2013		2012
Segment Results – Net sales
Beverage Concentrates	$	1,228	$	1,229	$	1,221
Packaged Beverages	4,361		4,306		4,358
Latin America Beverages	532		462		416
Net sales	$	6,121	$	5,997	$	5,995

Reconciliation of Operating Profit (Loss) from Segments to Consolidated



	For the Year Ended December 31,
	2014		2013		2012
Segment Results – SOP
Beverage Concentrates	$	790	$	778	$	774
Packaged Beverages	636		525		539
Latin America Beverages	78		61		51
Total SOP	1,504		1,364		1,364
Unallocated corporate costs	323		309		261
Other operating expense, net	1		9		11
Income from operations	1,180		1,046		1,092
Interest expense, net	107		121		123
Other expense (income), net	—		383		(9		)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries	$	1,073	$	542	$	978

dps_ReconciliationOfAmortizationExpenseFromSegmentToConsolidated [Table Text Block]



	For the Year Ended December 31,
	2014		2013		2012
Amortization expense
Beverage Concentrates	$	16	$	17	$	20
Packaged Beverages	7		7		7
Latin America Beverages	—		—		—
Segment total	23		24		27
Corporate and other	13		14		10
Total amortization expense	$	36	$	38	$	37

dps_ReconciliationOfDepreciationExpenseFromSegmentToConsolidated [Table Text Block]



	For the Year Ended December 31,
	2014		2013		2012
Depreciation expense
Beverage Concentrates	$	7	$	5	$	10
Packaged Beverages	165		164		173
Latin America Beverages	15		14		11
Segment total	187		183		194
Corporate and other	12		13		9
Total depreciation expense	$	199	$	196	$	203

Reconciliation of Assets from Segment to Consolidated [Table Text Block]




	As of December 31,
	2014		2013
Total assets
Property, plant and equipment, net
Beverage Concentrates	$	71	$	73
Packaged Beverages	899		932
Latin America Beverages	102		92
Segment total	1,072		1,097
Corporate and other	69		76
Total property, plant and equipment, net	1,141		1,173
Current assets	1,211		1,119
All other non-current assets	5,921		5,909
Total assets	$	8,273	$	8,201

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]



	For the Year Ended December 31,
	2014		2013		2012
Net sales
U.S.	$	5,361	$	5,292	$	5,341
International	760		705		654
Total net sales	$	6,121	$	5,997	$	5,995

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]



	As of December 31,
	2014		2013
Property, plant and equipment, net
U.S.	$	1,039	$	1,081
International	102		92
Total property, plant and equipment, net	$	1,141	$	1,173

Guarantor and Non-Guarantor Financial Information (Tables)

12 Months Ended

Dec. 31, 2014

Guarantor and Non-Guarantor Financial Information (Tables) [Abstract]

Condensed Consolidating Statements of Income



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,474		$	681		$	(34	)	$	6,121
Cost of sales	—			2,191			334			(34		)	2,491
Gross profit	—			3,283			347			—			3,630
Selling, general and administrative expenses	1			2,106			227			—			2,334
Multi-employer pension plan withdrawal	—			—			—			—			—
Depreciation and amortization	—			107			8			—			115
Other operating expense, net	—			1			—			—			1
Income from operations	(1		)	1,069			112			—			1,180
Interest expense	104			51			—			(46		)	109
Interest income	(40		)	—			(8		)	46			(2		)
Other expense (income), net	(2		)	(3		)	5			—			—
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(63		)	1,021			115			—			1,073
Provision (benefit) for income taxes	(38		)	383			26			—			371
Income (loss) before equity in earnings of subsidiaries	(25		)	638			89			—			702
Equity in earnings of consolidated subsidiaries	728			90			—			(818		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	703		$	728		$	90		$	(818	)	$	703



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2013
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,406		$	623		$	(32	)	$	5,997
Cost of sales	—			2,240			291			(32		)	2,499
Gross profit	—			3,166			332			—			3,498
Selling, general and administrative expenses	4			2,048			220			—			2,272
Multi-employer pension plan withdrawal	—			56			—			—			56
Depreciation and amortization	—			107			8			—			115
Other operating expense, net	—			9			—			—			9
Income from operations	(4		)	946			104			—			1,046
Interest expense	118			89			—			(84		)	123
Interest income	(77		)	—			(9		)	84			(2		)
Other expense (income), net	383			(6		)	6			—			383
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(428		)	863			107			—			542
Provision (benefit) for income taxes	(16		)	(147		)	82			—			(81		)
Income (loss) before equity in earnings of subsidiaries	(412		)	1,010			25			—			623
Equity in earnings of consolidated subsidiaries	1,036			26			—			(1,062		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	—			—			1			—			1
Net income	$	624		$	1,036		$	26		$	(1,062	)	$	624



	Condensed Consolidating Statements of Income
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net sales	$	—		$	5,451		$	575		$	(31	)	$	5,995
Cost of sales	—			2,265			266			(31		)	2,500
Gross profit	—			3,186			309			—			3,495
Selling, general and administrative expenses	—			2,062			206			—			2,268
Multi-employer pension plan withdrawal	—			—			—			—			—
Depreciation and amortization	—			117			7			—			124
Other operating expense (income), net	—			11			—			—			11
Income from operations	—			996			96			—			1,092
Interest expense	122			90			—			(87		)	125
Interest income	(81		)	(1		)	(7		)	87			(2		)
Other (income) expense, net	(11		)	(4		)	6			—			(9		)
Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries	(30		)	911			97			—			978
Provision (benefit) for income taxes	(13		)	342			20			—			349
Income (loss) before equity in earnings of subsidiaries	(17		)	569			77			—			629
Equity in earnings of consolidated subsidiaries	647			78			—			(725		)	—
Equity in earnings of unconsolidated subsidiaries, net of tax	(1		)	—			1			—			—
Net income	$	629		$	647		$	78		$	(725	)	$	629

Condensed Consolidating Statements of Comprehensive Income



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	703		$	728		$	90		$	(818	)	$	703
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	(57		)	(66		)	—			123			—
Foreign currency translation adjustments	4			15			(63		)	—			(44		)
Net change in pension liability, net of tax	—			(6		)	(1		)	—			(7		)
Net change in cash flow hedges, net of tax	4			—			(2		)	—			2
Total other comprehensive income (loss), net of tax	(49		)	(57		)	(66		)	123			(49		)
Comprehensive income (loss)	$	654		$	671		$	24		$	(695	)	$	654



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2013
	Parent		Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	624	$	1,036		$	26		$	(1,062	)	$	624
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	11		(19		)	—			8			—
Foreign currency translation adjustments	6		11			(26		)	—			(9		)
Net change in pension liability, net of tax	—		19			4			—			23
Net change in cash flow hedges, net of tax	5		—			3			—			8
Total other comprehensive income (loss), net of tax	22		11			(19		)	8			22
Comprehensive income (loss)	$	646	$	1,047		$	7		$	(1,054	)	$	646



	Condensed Consolidating Statements of Comprehensive Income
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Net income	$	629		$	647		$	78		$	(725	)	$	629
Other comprehensive income (loss), net of tax:
Other comprehensive income impact from consolidated subsidiaries	13			24			—			(37		)	—
Foreign currency translation adjustments	(3		)	(4		)	26			—			19
Net change in pension liability, net of tax	—			(7		)	(1		)	—			(8		)
Net change in cash flow hedges, net of tax	(10		)	—			(1		)	—			(11		)
Total other comprehensive income (loss), net of tax	—			13			24			(37		)	—
Comprehensive income (loss)	$	629		$	660		$	102		$	(762	)	$	629

Condensed Consolidating Balance Sheets



	Condensed Consolidating Balance Sheets
	As of December 31, 2014
	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 expenses 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 Balance Sheets
	As of December 31, 2013
	Parent		Guarantors		Non-Guarantors		Eliminations			Total
Current assets:
Cash and cash equivalents	$	—	$	88	$	65	$	—		$	153
Accounts receivable:
Trade, net	—		502		62		—			564
Other	2		43		13		—			58
Related party receivable	12		7		—		(19		)	—
Inventories	—		172		28		—			200
Deferred tax assets	—		63		6		(3		)	66
Prepaid and other current assets	184		58		4		(168		)	78
Total current assets	198		933		178		(190		)	1,119
Property, plant and equipment, net	—		1,081		92		—			1,173
Investments in consolidated subsidiaries	5,438		590		—		(6,028		)	—
Investments in unconsolidated subsidiaries	1		—		14		—			15
Goodwill	—		2,966		22		—			2,988
Other intangible assets, net	—		2,616		78		—			2,694
Long-term receivable, related parties	3,077		3,766		259		(7,102		)	—
Other non-current assets	32		95		—		—			127
Non-current deferred tax assets	27		—		85		(27		)	85
Total assets	$	8,773	$	12,047	$	728	$	(13,347	)	$	8,201

Current liabilities:
Accounts payable	$	—	$	247	$	24	$	—		$	271
Related party payable	—		12		7		(19		)	—
Deferred revenue	—		63		2		—			65
Short-term borrowings and current portion of long-term obligations	65		1		—		—			66
Income taxes payable	—		194		7		(168		)	33
Other current liabilities	110		448		40		(3		)	595
Total current liabilities	175		965		80		(190		)	1,030
Long-term obligations to third parties	2,453		55		—		—			2,508
Long-term obligations to related parties	3,766		3,336		—		(7,102		)	—
Non-current deferred tax liabilities	—		781		1		(27		)	755
Non-current deferred revenue	—		1,278		40		—			1,318
Other non-current liabilities	102		194		17		—			313
Total liabilities	6,496		6,609		138		(7,319		)	5,924
Total stockholders' equity	2,277		5,438		590		(6,028		)	2,277
Total liabilities and stockholders' equity	$	8,773	$	12,047	$	728	$	(13,347	)	$	8,201

Condensed Consolidating Statements of Cash Flows



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2014
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(122	)	$	1,055		$	89		$	—		$	1,022
Investing activities:
Acquisition of business	—			(19		)	—			—			(19		)
Purchase of property, plant and equipment	—			(130		)	(40		)	—			(170		)
Purchase of intangible assets	—			(1		)	—			—			(1		)
Return of capital	—			2			(2		)	—			—
Proceeds from disposals of property, plant and equipment	—			8			—			—			8
Issuance of related party notes receivable	—			(882		)	(55		)	937			—
Other, net	(3		)	—			—			—			(3		)
Net cash (used in) provided by investing activities	(3		)	(1,022		)	(97		)	937			(185		)
Financing activities:
Proceeds from issuance of related party debt	882			55			—			(937		)	—
Net (repayment) issuance of commercial paper	(65		)	—			—			—			(65		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(317		)	—			—			—			(317		)
Tax withholdings related to net share settlements of certain stock awards	(16		)	—			—			—			(16		)
Proceeds from stock options exercised	41			—			—			—			41
Excess tax benefit on stock-based compensation	—			11			—			—			11
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	125			65			—			(937		)	(747		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			98			(8		)	—			90
Effect of exchange rate changes on cash and cash equivalents	—			—			(6		)	—			(6		)
Cash and cash equivalents at beginning of year	—			88			65			—			153
Cash and cash equivalents at end of period	$	—		$	186		$	51		$	—		$	237



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2013
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(99	)	$	889		$	84		$	(8	)	$	866
Investing activities:
Acquisition of business	—			(10		)	—			—			(10		)
Purchase of property, plant and equipment	—			(154		)	(25		)	—			(179		)
Purchase of intangible assets	—			(5		)	—			—			(5		)
Return of capital	—			19			(19		)	—			—
Proceeds from disposals of property, plant and equipment	—			1			—			—			1
Issuance of related party notes receivable	—			(810		)	(80		)	890			—
Repayment of related party notes receivable	250			65			—			(315		)	—
Other, net	(3		)	1			—			—			(2		)
Net cash (used in) provided by investing activities	247			(893		)	(124		)	575			(195		)
Financing activities:
Proceeds from issuance of related party debt	802			80			8			(890		)	—
Repayment of related party debt	(65		)	(250		)	—			315			—
Repayment of senior unsecured notes	(250		)	—			—			—			(250		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(302		)	—			(8		)	8			(302		)
Tax withholdings related to net share settlements of certain stock awards	(13		)	—			—			—			(13		)
Net issuance of commercial paper	65			—			—			—			65
Proceeds from stock options exercised	15			—			—			—			15
Excess tax benefit on stock-based compensation	—			6			—			—			6
Other, net	—			(1		)	—			—			(1		)
Net cash (used in) provided by financing activities	(148		)	(165		)	—			(567		)	(880		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(169		)	(40		)	—			(209		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(4		)	—			(4		)
Cash and cash equivalents at beginning of year	—			257			109			—			366
Cash and cash equivalents at end of period	$	—		$	88		$	65		$	—		$	153



	Condensed Consolidating Statements of Cash Flows
	For the Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
Operating activities:
Net cash (used in) provided by operating activities	$	(193	)	$	559		$	116		$	—		$	482
Investing activities:
Purchase of property, plant and equipment	—			(193		)	(24		)	—			(217		)
Purchase of intangible assets	—			(7		)	—			—			(7		)
Return of capital	—			21			(21		)	—			—
Proceeds from disposals of property, plant and equipment	—			7			—			—			7
Issuance of related party notes receivable	—			(859		)	(25		)	884			—
Repayment of related party notes receivable	450			500			—			(950		)	—
Net cash (used in) provided by investing activities	450			(531		)	(70		)	(66		)	(217		)
Financing activities:
Proceeds from issuance of related party debt	859			25			—			(884		)	—
Repayment of related party debt	(500		)	(450		)	—			950			—
Proceeds from issuance of senior unsecured notes	500			—			—			—			500
Repayment of senior unsecured notes	(450		)	—			—			—			(450		)
Repurchase of shares of common stock	(400		)	—			—			—			(400		)
Dividends paid	(284		)	—			—			—			(284		)
Proceeds from stock options exercised	22			—			—			—			22
Excess tax benefit on stock-based compensation	—			16			—			—			16
Deferred financing charges paid	(4		)	—			—			—			(4		)
Other, net	—			(3		)	—			—			(3		)
Net cash (used in) provided by financing activities	(257		)	(412		)	—			66			(603		)
Cash and cash equivalents — net change from:
Operating, investing and financing activities	—			(384		)	46			—			(338		)
Effect of exchange rate changes on cash and cash equivalents	—			—			3			—			3
Cash and cash equivalents at beginning of year	—			641			60			—			701
Cash and cash equivalents at end of year	$	—		$	257		$	109		$	—		$	366

Selected Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2014

Selected Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]



	First		Second		Third		Fourth
For the Year Ended December 31,	Quarter		Quarter		Quarter		Quarter
2014
Net sales	$	1,398	$	1,631	$	1,583	$	1,509
Gross profit	844		966		925		895
Net income	155		210		188		150
Earnings per common share — basic	$	0.78	$	1.07	$	0.97	$	0.77
Earnings per common share — diluted	0.78		1.06		0.96		0.77
Dividend declared per share	0.41		0.41		0.41		0.41
Common stock price
High	$	54.46	$	60.22	$	65.32	$	74.00
Low	47.22		51.19		58.41		61.85
2013
Net sales	$	1,380	$	1,611	$	1,543	$	1,463
Gross profit	790		935		893		880
Net income	106		155		207		156
Earnings per common share — basic	$	0.52	$	0.76	$	1.02	$	0.78
Earnings per common share — diluted	0.51		0.76		1.01		0.78
Dividend declared per share	0.38		0.38		0.38		0.38
Common stock price
High	$	46.95	$	50.36	$	48.29	$	49.17
Low	42.47		44.98		44.31		43.38

Business and Basis of Presentation (Details) $ in Millions	Dec. 31, 2014 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	$ 21

Significant Accounting Policies (Details) $ in Millions	12 Months Ended
Significant Accounting Policies (Details) $ in Millions	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)
Significant Accounting Policies [Line Items]
Balance, beginning of the year	$ 3	$ 3	$ 3
Net charge to cost and expense	1	1	2
Write-offs and adjustments	(2)	(1)	(2)
Balance, end of the year	2	3	3
Trade accounts receivable with single customer	67	64
Inventory Valuation Reserves	$ 2	2
Finite-lived intangible asset, useful life	10 years
Current and Non current Customer Incentives	$ 73	83
Amortization - Cold Drink Equipment Customer Program	4	3	5
Amortization of other customer programs and initiatives	13	15	17
Accrued Insurance	136	136
Estimated Insurance Recoveries	$ 35	35
Deferred revenue recognition period	25 years
Customers incentives and discounts	$ 3,682	3,618	3,751
Shipping, Handling and Transportation Costs	802	776	775
Advertising and marketing production costs	473	486	481
Advertising and marketing assets, current and non-current	17	12
Research and development costs	18	21	$ 21
Marketable securities - trading	25	21
Trading Securities, Unrealized Holding Gain	$ 1	$ 2
End of Year Rate [Member] \| Mexican Peso [Member]
Significant Accounting Policies [Line Items]
Foreign currency exchange rate, translation	14.74	13.08	12.97
End of Year Rate [Member] \| Canadian Dollar [Member]
Significant Accounting Policies [Line Items]
Foreign currency exchange rate, translation	1.16	1.06	0.99
Average Annual Rate [Member] \| Mexican Peso [Member]
Significant Accounting Policies [Line Items]
Foreign currency exchange rate, translation	13.31	12.77	13.15
Average Annual Rate [Member] \| Canadian Dollar [Member]
Significant Accounting Policies [Line Items]
Foreign currency exchange rate, translation	1.10	1.03	1.00
Brands [Member]
Significant Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	10 years
Customer relationships [Member]
Significant Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	10 years
Distribution Rights [Member]
Significant Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	10 years
Distribution Rights [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	5 years
Distribution Rights [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	15 years
Buildings [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	40 years
Building Improvements [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	5 years
Building Improvements [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	35 years
Machinery and Equipment [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	23 years
Vehicles [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	5 years
Vehicles [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	12 years
Cold Drink Equipment [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	3 years
Cold Drink Equipment [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	7 years
Computer Software [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	3 years
Computer Software [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	8 years

Acquisition (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
Acquisition (Details) - USD ($) $ in Millions	Dec. 31, 2014	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 31, 2014	Feb. 25, 2013
Business Acquisition [Line Items]
Business Combination, Consideration Transferred			$ 21	$ 23
Payments to Acquire Businesses, Net of Cash Acquired			19	10	$ 0
Business Combination, Indemnification Holdback	$ 2		2
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment						$ 10	$ 7
Business Acquisition, Purchase Price Allocation, Goodwill Amount	$ 2,990		$ 2,990	$ 2,988	$ 2,983	5	5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets						3
Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets							2
Finite-lived intangible asset, useful life			10 years
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets						3	10
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities							1
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net						21	23
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill						$ 3	$ 12
Escrow deposit, shares							20,780
Distribution Rights [Member]
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life			10 years
Minimum [Member] \| Distribution Rights [Member]
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life			5 years
Maximum [Member] \| Distribution Rights [Member]
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life			15 years
DP/7UP West [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions				313,105
DP/7UP West [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life		3 years
DP/7UP West [Member] \| Minimum [Member] \| Distribution Rights [Member]
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life		5 years
DP/7UP West [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life		40 years
DP/7UP West [Member] \| Maximum [Member] \| Distribution Rights [Member]
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life		15 years
Davis Beverages [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life	1 year
Davis Beverages [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Property, plant and equipment, useful life	10 years

Inventories (Details) - USD ($) $ in Millions	12 Months Ended
Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Inventories consisted [Abstract]
Raw materials	$ 92	$ 86
Other Inventories, Spare Parts, Gross	18	22
Work in process	5	4
Finished goods	126	122
Inventories at FIFO cost	241	234
Reduction to LIFO cost	(37)	(34)
Inventories	204	200
LIFO Inventory Amount	151	154
Effect of LIFO Inventory Liquidation on Income	$ 0	$ 38

Property, Plant and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Land	$ 73	$ 73
Buildings and improvements	488	483
Machinery and equipment	1,389	1,302
Cold drink equipment	299	310
Software	244	221
Construction in progress	49	63
Gross property, plant and equipment	2,542	2,452
Less: accumulated depreciation and amortization	(1,401)	(1,279)
Net property, plant and equipment	1,141	1,173
Capital Leases, Balance Sheet, Assets by Major Class, Net	77	50
Depreciation	199	196	$ 203
Interest Costs Capitalized	2	1	2
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	49	49
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Capital Leased Assets, Gross	37	7
Cost of Sales [Member]
Property, Plant and Equipment [Line Items]
Depreciation	89	86	84
Depreciation And Amortization Expense [Member]
Property, Plant and Equipment [Line Items]
Depreciation	$ 110	$ 110	$ 119

Investments in Unconsolidated Subsidiaries (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 14	$ 15
San Benedetto Investment [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%	50.00%
Equity Method Investments	$ 13	$ 14
Hydrive [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	40.40%	40.40%
Equity Method Investments	$ 1	$ 1

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

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Oct. 31, 2014

Feb. 25, 2013

Dec. 31, 2012

Change in goodwill by reporting units [Abstract]

Goodwill

$ 3,170

$ 3,168

$ 3,163

Accumulated impairment losses

(180)

Goodwill, net

2,990

2,988

$ 5

2,983

Foreign currency impact

(3)

Goodwill, Acquired During Period

^[1]

^[2]

Beverage Concentrates [Member]

Change in goodwill by reporting units [Abstract]

Goodwill

1,732

Accumulated impairment losses

Goodwill, net

1,732

Foreign currency impact

Goodwill, Acquired During Period

^[1]

^[2]

WD Reporting Unit [Member]

Change in goodwill by reporting units [Abstract]

Goodwill

1,222

1,220

Accumulated impairment losses

Goodwill, net

^[3]

1,222

1,220

Foreign currency impact

Goodwill, Acquired During Period

^[1],[3]

^[2]

DSD Reporting Unit [Member]

Change in goodwill by reporting units [Abstract]

Goodwill

188

185

180

Accumulated impairment losses

(180)

Goodwill, net

^[3]

Foreign currency impact

Goodwill, Acquired During Period

^[1],[3]

^[2]

Latin America Beverages [Member]

Change in goodwill by reporting units [Abstract]

Goodwill

Accumulated impairment losses

Goodwill, net

$ 31

Foreign currency impact

(3)

Goodwill, Acquired During Period

$ 0

^[1]

$ 0

^[2]

[1]	The acquisition activity represents the goodwill associated with the purchase of Davis. See Note 3 for further information related to the acquisition.
[2]	The acquisition activity represents the goodwill associated with the purchase of DP/7UP West. See Note 3 for further information related to the acquisition.
[3]	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

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Oct. 31, 2014

Oct. 02, 2014

Oct. 02, 2013

Feb. 25, 2013

Change in intangible assets other than goodwill [Abstract]

Intangible Assets Gross Excluding Goodwill

$ 2,807

$ 2,812

Accumulated amortization

(123)

(118)

Intangible Assets, Net (Excluding Goodwill)

2,684

2,694

Foreign currency translation adjustment

$ (9)

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill

$ 3

$ 12

Finite-lived intangible asset, useful life

10 years

Amortization of Intangible Assets

$ 5

Amortization expense of intangible assets [Abstract]

Goodwill and Intangible Asset Impairment [Abstract]

Discount Rate

5.10%

8.00%

Maximum [Member]

Goodwill and Intangible Asset Impairment [Abstract]

Discount Rate

11.85%

13.25%

Distribution rights [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

Accumulated amortization

(4)

(3)

Finite-Lived Intangible Assets, Net

$ 9

Finite-lived intangible asset, useful life

10 years

Distribution rights [Member] | Minimum [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-lived intangible asset, useful life

5 years

Distribution rights [Member] | Maximum [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-lived intangible asset, useful life

15 years

Brands [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

$ 29

Accumulated amortization

(28)

(27)

Finite-Lived Intangible Assets, Net

$ 1

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

Customer relationships [Member]

Change in intangible assets other than goodwill [Abstract]

Finite-Lived Intangible Assets, Gross

Accumulated amortization

(72)

(69)

Finite-Lived Intangible Assets, Net

$ 4

Finite-lived intangible asset, useful life

10 years

Brands [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

$ 2,643

^[1]

2,652

Indefinite-lived brands [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

2,643

^[1]

2,652

$ 2,649

$ 2,652

Goodwill and Intangible Asset Impairment [Abstract]

Indefinite-lived Intangible Assets (Excluding Goodwill), Fair Value Disclosure

14,309

11,952

Indefinite-lived brands [Member] | 0 to 10 percent [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

Goodwill and Intangible Asset Impairment [Abstract]

Indefinite-lived Intangible Assets (Excluding Goodwill), Fair Value Disclosure

Indefinite-lived brands [Member] | 11 to 20, percent [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

Goodwill and Intangible Asset Impairment [Abstract]

Indefinite-lived Intangible Assets (Excluding Goodwill), Fair Value Disclosure

Indefinite-lived brands [Member] | 21 to 50, percent [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

191

655

Goodwill and Intangible Asset Impairment [Abstract]

Indefinite-lived Intangible Assets (Excluding Goodwill), Fair Value Disclosure

259

918

Indefinite-lived brands [Member] | Greater than 50, percent [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

2,458

1,997

Goodwill and Intangible Asset Impairment [Abstract]

Indefinite-lived Intangible Assets (Excluding Goodwill), Fair Value Disclosure

$ 14,050

$ 11,034

Distribution rights [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

^[2]

Indefinite-lived distribution rights [Member]

Change in intangible assets other than goodwill [Abstract]

Indefinite-Lived Intangible Assets (Excluding Goodwill)

$ 27

^[2]

$ 24

DSD Reporting Unit [Member]

Goodwill and Intangible Asset Impairment [Abstract]

Headroom on Goodwill less than 50%

7.00%

[1]	In 2014, brands with indefinite lives decreased due to $9 million impact of foreign currency translation.
[2]	(2)In 2014, distribution rights included $3 million indefinite-lived distribution rights associated with the purchase of Davis. See Note 3 for further information related to the acquisition.

Prepaid Expenses and Other Current Assets and Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]
Customer Incentive Programs, Current	$ 18	$ 24
Derivative Asset, Current	11	21
Current assets held for sale	12	0
Other Assets, Current	45	33
Prepaid Expense and Other Assets, Current	86	78
Customer rebates and incentives	248	214
Accrued compensation	127	107
Insurance liability	46	47
Interest accrual and interest rate swap liability	26	26
Dividends payable	79	75
Derivative Liability, Current	18	13
Other	128	113
Total other current liabilities	$ 672	$ 595

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

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2010

Feb. 07, 2013

Nov. 20, 2012

Nov. 15, 2011

Jan. 11, 2011

Dec. 21, 2009

Apr. 30, 2008

Debt Instrument [Line Items]

Senior unsecured notes

^[1]

$ 2,505

$ 2,453

Revolving credit facility

Capital Lease Obligations

Subtotal

2,591

2,509

Long-term obligations

2,588

2,508

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

(34)

Commercial Paper

Long-term Debt and Capital Lease Obligations, Current

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

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

Debt Instrument Abr Interest Rate Percentage

0.50%

Available for Additional Borrowings

$ 499

Line of Credit Facility, Amount Outstanding

Unused commitment fee, amount

Line of Credit, Maximum Increase

$ 250

Percent of total commitments

50.00%

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

$ 77

Numerator [Member]

Senior Unsecured Credit Facility [Abstract]

Ratio of Indebtedness to EBITDA

3.00

Denominator [Member]

Senior Unsecured Credit Facility [Abstract]

Ratio of Indebtedness to EBITDA

1.00

Floating Rate Per Annum Based ABR Loans [Member] | Minimum [Member]

Senior Unsecured Credit Facility [Abstract]

Debt Instrument, Interest Rate, Margin Percentage

0.00%

Floating Rate Per Annum Based ABR Loans [Member] | Maximum [Member]

Senior Unsecured Credit Facility [Abstract]

Debt Instrument, Interest Rate, Margin Percentage

0.30%

Floating Rate Per Annum Based Upon Eurodollar Loans [Member] | Minimum [Member]

Senior Unsecured Credit Facility [Abstract]

Debt Instrument, Interest Rate, Margin Percentage

0.795%

Floating Rate Per Annum Based Upon Eurodollar Loans [Member] | Maximum [Member]

Senior Unsecured Credit Facility [Abstract]

Debt Instrument, Interest Rate, Margin Percentage

1.30%

Revolving Letters of Credit [Member]

Debt Instrument [Line Items]

Revolving credit facility

$ 1

Senior Unsecured Credit Facility [Abstract]

Revolving credit facility (principal Amount)

Available for Additional Borrowings

Line of Credit Facility, Amount Outstanding

Swingline Advances [Member]

Debt Instrument [Line Items]

Revolving credit facility

Senior Unsecured Credit Facility [Abstract]

Revolving credit facility (principal Amount)

Available for Additional Borrowings

Line of Credit Facility, Amount Outstanding

2016 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.90%

Senior unsecured notes principal amount

500

$ 500

Senior unsecured notes carrying amount

500

Debt Instrument, Unamortized Discount

$ 1

2018 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

6.82%

Senior unsecured notes principal amount

724

Senior unsecured notes carrying amount

724

Extinguishment of Debt, Amount

$ 476

2019 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.60%

Senior unsecured notes principal amount

250

Senior unsecured notes carrying amount

^[2]

250

248

2020 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.00%

Senior unsecured notes principal amount

250

$ 250

Senior unsecured notes carrying amount

^[2]

245

241

2021 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

3.20%

Senior unsecured notes principal amount

250

Senior unsecured notes carrying amount

^[2]

249

241

2011 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

1.70%

2022 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.70%

Senior unsecured notes principal amount

250

$ 250

Senior unsecured notes carrying amount

^[2]

265

247

Senior Notes 2012 [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

2.35%

2038 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

7.45%

Senior unsecured notes principal amount

250

Senior unsecured notes carrying amount

^[2]

$ 272

$ 252

Commercial Paper [Member]

Senior Unsecured Notes [Abstract]

Senior notes due, in percentage

0.26%

Revolving Credit Facility [Member] | Minimum [Member]

Senior Unsecured Credit Facility [Abstract]

Unused commitment fee, percentage on the unutilized portion of the commitments, revolving credit facility

0.08%

Revolving Credit Facility [Member] | Maximum [Member]

Senior Unsecured Credit Facility [Abstract]

Unused commitment fee, percentage on the unutilized portion of the commitments, revolving credit facility

0.20%

Senior Unsecured Notes Group One [Member] | 2018 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior unsecured notes principal amount

$ 1,200

Senior Unsecured Notes Group One [Member] | 2038 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior unsecured notes principal amount

$ 250

Senior Unsecured Notes Group Two [Member]

Senior Unsecured Notes [Abstract]

Debt Instrument, Unamortized Discount

$ 1

Senior Unsecured Notes Group Two [Member] | 2019 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior unsecured notes principal amount

250

Senior Unsecured Notes Group Two [Member] | 2021 Notes [Member]

Senior Unsecured Notes [Abstract]

Senior unsecured notes principal amount

$ 250

Senior Unsecured Notes Group Three [Member]

Senior Unsecured Notes [Abstract]

Senior unsecured notes principal amount

500

Debt Instrument, Unamortized Discount

$ 3

[1]	The carrying amount includes the unamortized net discount on debt issuances and adjustments of $34 million and $18 million as of December 31, 2014 and 2013, respectively, related to the change in the fair value of interest rate swaps designated as fair value hedges. See Note 10 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 10 for additional information regarding derivatives.

Derivatives - Discussion (Details) - USD ($) $ in Millions	12 Months Ended
Derivatives - Discussion (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Notional Amount of Derivatives, Total [Abstract]
Derivative, Lower Remaining Maturity Range	1 month
Derivative, Higher Remaining Maturity Range	12 months
2038 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	$ 23	$ 2
2019 and 2021 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	(1)	(11)
2020 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	(4)	(7)
2022 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge	16	(2)
Foreign exchange forward contracts [Member] \| Cash Flow Hedging [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	10	45
Interest rate contracts [Member] \| Cash Flow Hedging [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	125
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2038 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives					$ 100
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2019 and 2021 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives				$ 250
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2020 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives			$ 120
Interest rate contracts [Member] \| Fair Value Hedging [Member] \| 2022 Notes [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives		250
Commodity contracts [Member] \| Economic Hedge [Member]
Notional Amount of Derivatives, Total [Abstract]
Notional Amount Derivatives	$ 160	$ 179

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

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

$ 40

$ 21

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Derivative items designated as cash flow hedging instruments [Abstract]

Loss (Benefit) on Cash Flow Hedge Ineffectiveness

$ 0

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

(8)

Derivative instruments designated as fair value hedging instruments

Gain from Hedged Firm Commitment Not Qualifying as Fair Value Hedge

Loss (Benefit) on Fair Value Hedge Ineffectiveness

Gain on Fair Value Hedge Ineffectiveness

(3)

Derivative instruments not designated as hedging instrument [Abstract]

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

(25)

(23)

Cash Flow Hedging [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Loss on Derivative Instruments, Pretax

$ 25

Derivative items designated as cash flow hedging instruments [Abstract]

Amount of Gain (Loss) Recognized in OCI

(4)

(22)

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

(7)

(8)

(5)

Cash Flow Hedging [Member] | Forward starting swaps - 2019 and 2021 [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Notional Amount Derivatives

250

Cash Flow Hedging [Member] | Forward starting swaps - 2020 and 2022 [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Notional Amount Derivatives

300

Fair Value Hedging [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Terminated Notional Amount Of Interest Rate Derivatives

$ 450

Derivative instruments designated as fair value hedging instruments

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

Foreign exchange forward contracts [Member] | Cash Flow Hedging [Member]

Derivative items designated as cash flow hedging instruments [Abstract]

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

(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)

(3)

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

(2)

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

Derivative items designated as cash flow hedging instruments [Abstract]

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

^[1]

(8)

(7)

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

^[1]

(2)

(19)

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

^[1]

(3)

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

^[2]

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

^[3]

(26)

$ 3

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

^[3]

(24)

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

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

Derivative Liability [Abstract]

Derivative Asset, Fair Value, Gross Asset

Derivative Asset, Offsetting Liability

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

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

^[4]

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 Noncurrent Liabilities [Member]

Derivative Liability [Abstract]

Derivative Liability, Fair Value, Net

Not Designated as Hedging Instrument [Member] | Commodity contracts [Member] | Prepaid Expenses and Other Current Assets [Member]

Derivative Asset [Abstract]

Derivative Asset, Fair Value, Net

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

$ 8

$ 0

[1]	During the fourth quarter of 2011, the Company unwound forward starting swaps associated with the 2019 and 2021 Notes with an aggregate notional amount of $250 million. Upon termination, the Company paid $25 million to the counterparties, which will be amortized to interest expense over the term of the issued debt. During the fourth quarter of 2012, the Company unwound forward starting swaps associated with the 2020 and 2022 Notes with an aggregate notional amount of $300 million. Upon termination, the Company paid $49 million to the counterparties, which will be amortized to interest expense over the term of the issued debt.
[2]	The gain recognized in interest expense included amortization of the adjustment to the carrying value of the 2012 Notes as a result of the de-designation of a $450 million notional interest rate swap related to those Notes in 2010. For the year ended December 31, 2012, the amortization of this adjustment was $2 million.
[3]	Commodity contracts include both realized and unrealized gains and losses.
[4]	Interest rate contracts as of December 31, 2014 did not include any offsetting amounts. Interest rate contracts as of December 31, 2013 include gross and offsetting amounts of $19 million and $2 million, respectively. These contracts are subject to a netting provision included within the counterparty agreements whereby the Company pays interest either quarterly or semi-annually and receives interest payments semi-annually. These payables and receivables are netted as appropriate.

Other Non-Current Assets and Other Non-Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Other non-current assets:
Deferred financing costs, net	$ 9	$ 11
Customer Incentive Programs, Noncurrent	55	59
Marketable securities - trading	25	21
Derivative instruments	29	0
Assets held for sale	0	1
Other	41	35
Other non-current assets	159	127
Other non-current liabilities:
Long-term payables due to Mondelēz	37	47
Long-term pension and postretirement liability	44	26
Multiemployer Plans, Withdrawal Obligation	57	56
Insurance reserves	90	89
Derivative instruments	17	34
Deferred Compensation Liability, Classified, Noncurrent	25	21
Other	32	40
Other non-current liabilities	$ 302	$ 313

Income Taxes (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Provision for income tax by country [Abstract]

U.S. - Income before provision for income taxes

$ 958

$ 436

$ 880

Non-U.S. - Income before provision for income taxes

115

106

Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries

1,073

542

978

Provision for income taxes by type [Abstract]

Current - Federal Tax Expense (Benefit)

259

(211)

215

Current - State Tax Expense (Benefit)

(58)

Current - Non-U.S. Tax Expense (Benefit)

Total current provision

328

(219)

258

Deferred - Federal Income Tax Expense (Benefit)

Deferred - State Income Tax Expense (Benefit)

Deferred - Non-U.S. Income Tax Expense (Benefit)

Total deferred provision

138

Total (benefit) provision for income taxes

371

(81)

349

Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]

Statutory federal income tax of 35%

375

190

342

Completion of 2006-2008 IRS audit

(463)

Canada amortization law change

Impact of non-taxable indemnity income/ non-tax deductible indemnity expense

^[1]

137

State income taxes, net

U.S. Federal domestic manufacturing benefit

(26)

(23)

(21)

Impact of Non-U.S. operations

(14)

(7)

(9)

Indemnified taxes

^[2]

Other

(4)

(6)

Total (benefit) provision for income taxes

$ 371

$ (81)

$ 349

Effective income tax rate

34.60%

(14.90%)

35.70%

Indemnity expense, net

$ 392

Increase (decrease) in effective tax rate

(50.40%)

Deferred income tax assets [Abstract]

Deferred revenue

$ 501

530

Accrued liabilities

Pension and postretirement benefits

Net operating loss and credit carryforward

Compensation

Inventory

Other

Deferred tax assets, gross

706

720

Components of Deferred Tax Liabilities [Abstract]

Intangible assets and goodwill

(1,116)

(1,075)

Fixed assets

(198)

(204)

Other

(21)

(12)

Deferred tax liabilities, gross

(1,335)

(1,291)

Valuation allowance

(31)

(33)

Deferred Tax Liabilities, Net

(660)

(604)

Income Taxes Textuals [Abstract]

Undistributed Earnings of Foreign Subsidiaries

354

291

Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]

Beginning balance

469

$ 480

(2)

(432)

(4)

(1)

(27)

(4)

(1)

(3)

(6)

Ending balance

469

Income Tax Uncertainties [Abstract]

Net unrecognized tax benefits and other tax related items

Interest and penalties recognized

(93)

$ 16

Uncertain tax positions, noncurrent

$ 6

International [Member]

Components of Deferred Tax Liabilities [Abstract]

Valuation allowance

(19)

International [Member] | Other Tax Liabilities Related To Separation [Member]

Components of Deferred Tax Liabilities [Abstract]

Valuation allowance

$ (12)

[1]

[2]

Amounts represent tax expense recorded by the Company for which Mondelēz was obligated to indemnify DPS under the Tax Indemnity Agreement but excludes the amounts with respect to the completion of the 2006-2008 IRS audit and the Canada amortization law change as they are separately shown on the rate reconciliation.

Other Expense (Income), Net (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other expense (income), net		$ 0	$ 383	$ (9)
Noncash reduction of liability			38
Indemnity expense (income)
Other expense (income), net	$ 430	0	387	(9)
Other
Other expense (income), net		$ 0	$ (4)	$ 0

Employee Benefit Plans (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Jun. 21, 2015

Overview [Abstract]

CashBalancePlanPercentageIncomeOver12MonthTreasuryBillRateAverage

1.00%

CashBalancePlanMinimumAnnualRate

5.00%

Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]

Amortization of prior service cost (credit)

$ 0

$ 1

Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]

Recognition of actuarial loss

4.00%

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Contributions by Employer

$ 12

Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year

$ 1

Defined Benefit Plan, Funded Status of Plan [Abstract]

Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent

(44)

(26)

Defined Benefit Plan, Accumulated Benefit Obligation

$ 223

256

PensionPlanAssetsPercentage

90.00%

Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation

$ 226

256

Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets

$ 186

$ 234

AOCLAndOCIImpact [Abstract]

Recognition of current year prior service credit

$ 4

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Actual Plan Asset Allocations

100.00%

Defined Benefit Plan, Target Plan Asset Allocations

100.00%

Multiemployer Plans [Abstract]

Multi-employer pension plan withdrawal

$ 0

$ 56

$ 0

Multiemployer Plan Expense

MultiemployerPlanExpectedFutureContributionYearOne

MultiemployerPlanExpectedFutureContributionsYearTwo

MultiemployerPlanExpectedFutureContributionYearThree

MultiemployerPlanExpectedFutureContributionYearFour

DefinedContributionSIPandSSP [Member]

DefinedContributionPlans [Abstract]

Defined Contribution Plan, Cost Recognized

EnhancedDefinedContribution [Member]

DefinedContributionPlans [Abstract]

Defined Contribution Plan, Cost Recognized

$ 16

Central States [Member]

Multiemployer Plans [Abstract]

Multiemployer Plans, Collective-Bargaining Arrangement, Percentage of Participants

72.00%

48.00%

Equity Securities [Member]

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Actual Plan Asset Allocations

25.00%

Defined Benefit Plan, Target Plan Asset Allocations

25.00%

Defined Benefit Plan, Target Plan Asset Allocations Range Minimum

15.00%

Defined Benefit Plan, Target Plan Asset Allocations Range Maximum

25.00%

International Equity Funds [Member]

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Target Plan Asset Allocations Range Minimum

5.00%

Defined Benefit Plan, Target Plan Asset Allocations Range Maximum

10.00%

Fixed Income Securities [Member]

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Actual Plan Asset Allocations

75.00%

Defined Benefit Plan, Target Plan Asset Allocations

75.00%

Defined Benefit Plan, Target Plan Asset Allocations Range Minimum

65.00%

Defined Benefit Plan, Target Plan Asset Allocations Range Maximum

85.00%

IndividuallySignificantMultiemployerPlans [Member]

Multiemployer Plans [Abstract]

Multiemployer Plan, Period Contributions

^[1]

$ 3

Multi-employer pension plan withdrawal

^[2]

AllOtherMultiemployerPlans [Member]

Multiemployer Plans [Abstract]

Multiemployer Plan, Period Contributions

Multi-employer pension plan withdrawal

^[3]

$ 0

$ 1

$ 0

Equity Funds [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

9.20%

8.20%

8.51%

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Expected Return on Plan Assets, Percent

25.00%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

9.20%

8.20%

8.51%

Fixed Income Funds [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

3.90%

6.00%

5.10%

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Expected Return on Plan Assets, Percent

75.00%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

3.90%

6.00%

5.10%

Pension Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Defined Benefit Plan, Actuarial Gain (Loss)

$ (46)

$ 35

Overview [Abstract]

Settlements

$ 0

Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]

Service cost

Interest cost

Expected return on assets

(14)

(15)

Amortization of actuarial Loss

Amortization of prior service cost (credit)

Curtailments

Settlements

Net periodic benefit costs

Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]

Defined Benefit Plan, Benefit Obligation

227

259

308

Service cost

Interest cost

Defined Benefit Plan, Benefits Paid

(8)

(10)

Defined Benefit Plan, Foreign Currency Exchange Rate Gain (Loss)

(3)

(2)

Curtailments

Defined Benefit Plan, Settlements, Benefit Obligation

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

187

237

257

Defined Benefit Plan, Actual Return on Plan Assets

Defined Benefit Plan, Contributions by Employer

Defined Benefit Plan, Benefits Paid

(8)

(10)

Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets

(2)

(1)

Defined Benefit Plan, Settlements, Plan Assets

(82)

(18)

Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year

$ 1

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

(40)

(22)

Defined Benefit Plan, Assets for Plan Benefits, Noncurrent

Pension and Other Postretirement Defined Benefit Plans, Current Liabilities

(1)

Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent

(40)

(22)

Defined Benefit Plan, Amounts Recognized in Balance Sheet

(40)

(22)

AOCLAndOCIImpact [Abstract]

Total recognized in OCI

(36)

Prior service cost (credit)

Net losses

Amounts in AOCL

Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]

Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months

Defined Benefit Plan, Expected Future Benefit Payments, Year Two

Defined Benefit Plan, Expected Future Benefit Payments, Year Three

Defined Benefit Plan, Expected Future Benefit Payments, Year Four

Defined Benefit Plan, Expected Future Benefit Payments, Year Five

Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

187

237

257

Pension Plan [Member] | Cash and Cash Equivalents [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Pension Plan [Member] | DomesticEquitySecurities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[4],[5]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[4],[5]

Pension Plan [Member] | ForeignEquitySecurities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[4],[5]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[4],[5]

Pension Plan [Member] | Derivative Financial Instruments, Assets [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[6]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[6]

Pension Plan [Member] | US Treasury Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Pension Plan [Member] | Municipal Bonds [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

Pension Plan [Member] | Domestic Corporate Debt Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

138

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

138

Pension Plan [Member] | Foreign Corporate Debt Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[5]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[5]

Pension Plan [Member] | Derivative Financial Instruments, Liabilities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

(31)

(18)

^[6]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

(31)

(18)

^[6]

Pension Plan [Member] | Assets, Total [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

218

255

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

218

255

Pension Plan [Member] | Liabilities, Total [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

(31)

(18)

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

(31)

(18)

Pension Plan [Member] | CurtailmentEffects [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

Pension Plan [Member] | Settlement Effects [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

(16)

(3)

Pension Plan [Member] | Annuity Settlement Effects [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

Pension Plan [Member] | ActuarialLoss [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

(3)

(4)

Pension Plan [Member] | Prior Service Credit [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Arising During Period, before Tax

Pension Plan [Member] | Other Postretirement Benefit Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Arising During Period, before Tax

Pension Plan [Member] | CurrentYearActuarialGainLoss [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

(29)

Pension Plan [Member] | Overfunded [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

Pension Plan [Member] | Underfunded [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

(40)

(23)

Other Postretirement Benefit Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Defined Benefit Plan, Actuarial Gain (Loss)

(1)

Overview [Abstract]

Settlements

Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]

Service cost

Interest cost

Expected return on assets

Amortization of actuarial Loss

Amortization of prior service cost (credit)

(1)

(2)

Curtailments

(1)

Settlements

Net periodic benefit costs

(1)

(3)

Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]

Defined Benefit Plan, Benefit Obligation

Service cost

Interest cost

Defined Benefit Plan, Benefits Paid

(1)

Defined Benefit Plan, Foreign Currency Exchange Rate Gain (Loss)

Curtailments

Defined Benefit Plan, Settlements, Benefit Obligation

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Defined Benefit Plan, Actual Return on Plan Assets

Defined Benefit Plan, Contributions by Employer

Defined Benefit Plan, Benefits Paid

(1)

Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets

Defined Benefit Plan, Settlements, Plan Assets

Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year

$ 0

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

(2)

Defined Benefit Plan, Assets for Plan Benefits, Noncurrent

Pension and Other Postretirement Defined Benefit Plans, Current Liabilities

Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent

(4)

Defined Benefit Plan, Amounts Recognized in Balance Sheet

(2)

AOCLAndOCIImpact [Abstract]

Total recognized in OCI

Prior service cost (credit)

(1)

(2)

Net losses

Amounts in AOCL

Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]

Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months

Defined Benefit Plan, Expected Future Benefit Payments, Year Two

Defined Benefit Plan, Expected Future Benefit Payments, Year Three

Defined Benefit Plan, Expected Future Benefit Payments, Year Four

Defined Benefit Plan, Expected Future Benefit Payments, Year Five

Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Cash and Cash Equivalents [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | DomesticEquitySecurities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[8],[9]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[8],[9]

Other Postretirement Benefit Plan [Member] | ForeignEquitySecurities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Derivative Financial Instruments, Assets [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[7]

Other Postretirement Benefit Plan [Member] | US Treasury Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Municipal Bonds [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Domestic Corporate Debt Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

^[10]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

^[10]

Other Postretirement Benefit Plan [Member] | Foreign Corporate Debt Securities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Derivative Financial Instruments, Liabilities [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

(1)

^[7]

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

(1)

^[7]

Other Postretirement Benefit Plan [Member] | Assets, Total [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

Other Postretirement Benefit Plan [Member] | Liabilities, Total [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Fair Value of Plan Assets

(1)

Assets of the Pension and Postretirement Medical Plans [Abstract]

Defined Benefit Plan, Fair Value of Plan Assets

(1)

Other Postretirement Benefit Plan [Member] | CurtailmentEffects [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

Other Postretirement Benefit Plan [Member] | Settlement Effects [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

Other Postretirement Benefit Plan [Member] | ActuarialLoss [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

Other Postretirement Benefit Plan [Member] | CurrentYearActuarialGainLoss [Member]

Defined Benefit Plan Disclosure [Line Items]

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax

$ 1

Other Postretirement Benefit Plan [Member] | Overfunded [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

Other Postretirement Benefit Plan [Member] | Underfunded [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Funded Status of Plan

$ (4)

United States Pension Plan of US Entity [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

6.00%

6.50%

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

6.00%

6.50%

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate

4.15%

5.00%

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase

3.00%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate

5.00%

4.30%

5.00%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase

3.00%

United States Postretirement Benefit Plan of US Entity [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

6.00%

6.50%

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

6.00%

6.50%

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate

4.15%

5.00%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate

4.05%

5.00%

Foreign Pension Plans, Defined Benefit [Member]

Defined Benefit Plan, Funded Status of Plan [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

7.41%

7.68%

7.65%

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets

7.41%

7.68%

7.65%

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate

4.92%

5.70%

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase

3.89%

3.87%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate

7.11%

6.90%

6.12%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase

4.30%

4.24%

4.03%

Foreign Postretirement Benefit Plan [Member]

Defined Benefit Plan, Assumptions Used in Calculations [Abstract]

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate

3.75%

4.50%

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate

4.50%

3.75%

4.00%

Pension Annuity [Member] | Pension Plan [Member]

Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]

Defined Benefit Plan, Settlements, Benefit Obligation

$ 71

Contribution for Annuity Purchase [Member] | Pension Plan [Member]

Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]

Defined Benefit Plan, Contributions by Employer

$ 10

[1]	Contributions to individually significant multi-employer plans for the year ended December 31, 2014 include amounts contributed to the Soft Drink Industry Local Union 710 Pension Fund ("Local 710") which the Company fully withdrew and ceased participation in the plan as of December 31, 2014. Local 710 was considered an individually significant multi-employer when the contributions were made to the plan prior to the withdrawal and for the years ended December 31, 2014, 2013 and 2012.
[2]	During the fourth quarter of 2013, the Company recognized a $56 million withdrawal charge for the withdrawal from the Local 710. This item was presented as a multi-employer pension plan withdrawal in the Consolidated Statements of Income. As the withdrawal charge represents the Company's best estimate of the potential amount of the quarterly assessment by Local 710 and the anticipated timing of those assessed payments, actual costs may differ from amounts recorded.
[3]	During the second quarter of 2013, the Company recognized a $1 million withdrawal charge for one of the collective bargaining units under a multi-employer pension plan based on the trustees' assessment. These charges were recorded as a component of SG&A expenses in the Consolidated Statements of Income.
[4]	Equity securities are comprised of actively managed U.S. index funds and Europe, Australia, Far East ("EAFE") index funds.
[5]	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.
[6]	Derivative financial instruments consist of U.S Treasury futures. The fair value of these futures is determined by using quoted market prices of the same or similar instruments.
[7]	U.S. Municipal and Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.
[8]	Equity securities are comprised of actively managed U.S. index funds and EAFE index funds.
[9]	The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.
[10]	U.S. Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.

Fair Value of Financial Instruments, Assets and Liabilities Measured on a Recurring Basis(Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	$ 40	$ 21
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	25	21
Assets, Fair Value Disclosure	25	21
Derivative Liability, Fair Value, Net	0	0
Fair Value, Inputs, Level 1 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net		0
Derivative Liability	0	0
Fair Value, Inputs, 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
Fair Value, Inputs, 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
Fair Value, 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	40	21
Derivative Liability, Fair Value, Net	35	47
Fair Value, Inputs, Level 2 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net		1
Derivative Liability	26	13
Fair Value, 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	40	17
Derivative Liability	9	34
Fair Value, 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		3
Fair Value, 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
Fair Value, Inputs, Level 3 [Member] \| Commodity contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net		0
Derivative Liability	0	0
Fair Value, 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
Fair Value, 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

Dec. 31, 2014

Dec. 31, 2013

Long term debt - 2016 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

$ 500

Long-term Debt, Fair Value

510

519

Long term debt - 2018 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

724

Long-term Debt, Fair Value

835

856

Long term debt - 2019 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

^[1]

250

248

Long-term Debt, Fair Value

^[1]

253

252

Long term debt - 2020 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

^[1]

245

241

Long-term Debt, Fair Value

^[1]

244

236

Long term debt - 2021 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

^[1]

249

241

Long-term Debt, Fair Value

^[1]

255

241

Long-term debt - 2022 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

^[1]

265

247

Long-term Debt, Fair Value

^[1]

244

226

Long term debt - 2038 Notes [Member]

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Financial Statement Captions [Line Items]

Long-term Debt, Carrying Value

^[1]

272

252

Long-term Debt, Fair Value

^[1]

$ 363

$ 317

[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 10 for additional information regarding derivatives.

Stock Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock-based compensation expense
Total stock-based compensation expense	$ 48	$ 37	$ 35
Income tax benefit recognized in the income statement	(17)	(12)	(12)
Stock-based compensation expense, net of tax	$ 31	$ 25	$ 23
Weighted average assumptions [Abstract]
Fair value of options at grant date	$ 5.80	$ 6.92	$ 7.05
Risk free interest rate	1.25%	0.68%	0.87%
Expected term of options (in years)	4 years 4 months 24 days	4 years 6 months	5 years 1 month 6 days
Dividend yield	3.35%	3.39%	3.52%
Expected volatility	20.03%	27.42%	30.64%
Stock option activity
Stock options - beginning balance outstanding	2,031,833
Stock options - beginning balance outstanding, weighted average exercise price	$ 37.59
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	8 years 2 months 12 days	7 years 7 months 24 days
Stock options - beginning balance outstanding, aggregate intrinsic value	$ 23
Stock options - granted	667,139
Stock options - granted, weighted average excercise price	$ 51.68	$ 43.82	$ 37.80
Stock options - exercised	(1,151,479)
Stock options - exercised, wighted average exercise price	$ 35.40
Stock options - exercised, total intrinsic value	$ 24	$ 8	$ 18
Stock options - forfeited or expired	(18,258)
Stock options, forfeited or expired, weighted average exercise price	$ 46.99
Stock options - ending balance outstanding	1,529,235	2,031,833
Stock options - ending balance outstanding, weighted average exercise price	$ 45.27	$ 37.59
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	8 years 2 months 12 days	7 years 7 months 24 days
Stock options - ending balance outstanding, aggregate intrinsic value	$ 40	$ 23
Stock options - exercisable	284,595
Stock options - exercisable, weighted average exercise price	$ 38.58
Stock options- exercisable, weighted average remaining contractual term	7 years 4 days
Stock options - exercisable, intrinsic value	$ 9
Stock options vested or expected to vest	1,517,946
Restricted Stock Units Activity
RSUs - vested and released, aggregate intrinsic value	$ 27	27	24
Unrecognized compensation costs related to nonvested awards
Tax withholdings related to net share settlements of certain stock awards	16	$ 13	0
Employee Stock Option [Member]
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 4
Weighted average recognition period of unrecognized compensation costs	10 months 2 days
Restricted Stock [Member]
Restricted Stock Units Activity
RSUs - beginning balance outstanding	2,139,143
RSUs - beginning balance outstanding, weighted average grant date total fair value	$ 39.15
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	1 year 29 days	1 year 1 month 13 days
RSUs - beginning balance outstanding, agregate intrinsic value	$ 104
RSUs - granted	590,347
RSUs - granted, weighted average grant date fair value	$ 51.81
RSUs - vested and released	(730,285)
RSUs - vested and released, weighted average grant date fair value	$ 36.53
RSUs - vested and released, aggregate intrinsic value	$ 38	$ 37	59
RSUs - forfeited	(73,271)
RSUs - forfeited, weighted average grant date fair value	$ 43.76
RSUs - ending balance outstanding	1,925,934	2,139,143
RSUs - ending balance outstanding, weighted average grant date total fair value	$ 43.85	$ 39.15
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	1 year 29 days	1 year 1 month 13 days
RSUs - ending balance outstanding, agregate intrinsic value	$ 138	$ 104
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 34
Weighted average recognition period of unrecognized compensation costs	1 year 22 days
Tax withholdings related to net share settlements of certain stock awards, shares	239,254
Tax withholdings related to net share settlements of certain stock awards	$ 14	$ 13	0
Performance Shares [Member]
Restricted Stock Units Activity
RSUs - beginning balance outstanding	422,866
RSUs - beginning balance outstanding, weighted average grant date total fair value	$ 39.88
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	1 year 25 days	1 year 3 months 4 days
RSUs - beginning balance outstanding, agregate intrinsic value	$ 21
RSUs - granted	154,157
RSUs - granted, weighted average grant date fair value	$ 51.88
RSUs - vested and released	(104,165)
RSUs - vested and released, weighted average grant date fair value	$ 36.42
RSUs - vested and released, aggregate intrinsic value	$ 5
RSUs - forfeited	(28,577)
RSUs - forfeited, weighted average grant date fair value	$ 38.16
RSUs - ending balance outstanding	444,281	422,866
RSUs - ending balance outstanding, weighted average grant date total fair value	$ 44.97	$ 39.88
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	1 year 25 days	1 year 3 months 4 days
RSUs - ending balance outstanding, agregate intrinsic value	$ 32	$ 21
Unrecognized compensation costs related to nonvested awards
Unrecognized compensation costs related to nonvested awards	$ 14
Weighted average recognition period of unrecognized compensation costs	1 year 5 months 16 days
Tax withholdings related to net share settlements of certain stock awards, shares	30,944
Tax withholdings related to net share settlements of certain stock awards	$ 2	$ 0	$ 0
Omnibus 2009 [Member]
Stock-based compensation expense
Shares authorized for stock plans	20,000,000
Shares available for grant	12,000,000
Maximum option term	10 years
Omnibus 2008 [Member]
Stock-based compensation expense
Shares authorized for stock plans	9,000,000
Shares available for grant	0
Maximum option term	10 years

Earnings Per Share (Details) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2014 USD ($) shares $ / shares	Sep. 30, 2014 USD ($) $ / shares	Jun. 30, 2014 USD ($) $ / shares	Mar. 31, 2014 USD ($) $ / shares	Dec. 31, 2013 USD ($) $ / shares	Sep. 30, 2013 USD ($) $ / shares	Jun. 30, 2013 USD ($) $ / shares	Mar. 31, 2013 USD ($) $ / shares	Dec. 31, 2014 USD ($) shares $ / shares	Dec. 31, 2013 USD ($) $ / shares shares	Dec. 31, 2012 USD ($) $ / shares shares	Dec. 31, 2011 USD ($)
Basic EPS:
Net income \| $	$ 150	$ 188	$ 210	$ 155	$ 156	$ 207	$ 155	$ 106	$ 703	$ 624	$ 629
Weighted average common shares outstanding									195,800,000	202,900,000	210,600,000
Earnings per common share - basic \| $ / shares	$ 0.77	$ 0.97	$ 1.07	$ 0.78	$ 0.78	$ 1.02	$ 0.76	$ 0.52	$ 3.59	$ 3.08	$ 2.99
Diluted EPS:
Net income \| $	$ 150	$ 188	$ 210	$ 155	$ 156	$ 207	$ 155	$ 106	$ 703	$ 624	$ 629
Weighted average common shares outstanding									195,800,000	202,900,000	210,600,000
Effect of dilutive securities:
Stock options, RSUs, PSUs and dividend equivalent units									1,600,000	1,600,000	1,700,000
Weighted average common shares outstanding and common stock equivalents									197,400,000	204,500,000	212,300,000
Earnings per common share - diluted \| $ / shares	$ 0.77	$ 0.96	$ 1.06	$ 0.78	$ 0.78	$ 1.01	$ 0.76	$ 0.51	$ 3.56	$ 3.05	$ 2.96
Earnings Per Share (Textuals) [Abstract]
Exclusion from the diluted weighted average shares outstanding									300,000	500,000	500,000
Dividend equivalent units outstanding	136,157								136,157
Aggregate shares authorized under repurchase program, initial amount \| $												$ 3,000
Number of shares repurchased and retired									6,800,000	8,700,000	9,500,000
Value of shares repurchased and retired \| $									$ 400	$ 400	$ 400
Stock Repurchase Program, Value of Shares Authorized to be Repurchased \| $	$ 172								$ 172

Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Accumulated other comprehensive income (loss), net of taxes

Accumulated other comprehensive income (loss), net of tax, beginning balance

$ (88)

$ (110)

Foreign currency translation adjustments

(44)

(9)

Net change in pension liability

(7)

(8)

Cash flow hedges, net of tax

(11)

Current year OCI

(49)

Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax

(19)

Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss and Actuarial Changes Recognized In Net Periodic Benefit Cost Net Of Tax

Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax

(2)

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

Other Comprehensive Income (Loss) Prior to Reclassifications

(65)

Other Comprehensive Income (Loss), Reclassification Adjustment On Items Included In Net Income Net Of Tax

(16)

(9)

Accumulated other comprehensive income (loss), net of tax, ending balance

(137)

(88)

(110)

Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]

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

(3)

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

Amortization of prior service cost (credit)

Other Comprehensive Income (Loss), Reclassification, Pension and Other Postretirement Benefit Plans, Net Gain (Loss) Recognized in Net Periodic Benefit Cost, before Tax

(3)

(4)

Settlement loss

(16)

(3)

Comprehensive income reclassification of defined benefit plans for net prior service credit and actuarial gains or losses

(19)

(6)

OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostRecognizedInNetPeriodicPensionCostAndActuarilaLossorGainTax

(7)

(2)

Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss and Actuarial Changes Recognized In Net Periodic Benefit Cost Net Of Tax

Other Comprehensive Income (Loss), Reclassification Adjustment On Items Included In Net Income Net Of Tax

(16)

(9)

Foreign Currency Translation [Member]

Accumulated other comprehensive income (loss), net of taxes

Accumulated other comprehensive income (loss), net of tax, beginning balance

(17)

(8)

(27)

Foreign currency translation adjustments

(44)

(9)

Accumulated other comprehensive income (loss), net of tax, ending balance

(61)

(17)

(8)

Change in Pension Liability [Member]

Accumulated other comprehensive income (loss), net of taxes

Accumulated other comprehensive income (loss), net of tax, beginning balance

(33)

(56)

(48)

Net change in pension liability

(7)

Accumulated other comprehensive income (loss), net of tax, ending balance

(40)

(33)

(56)

Cash Flow Hedges [Member]

Accumulated other comprehensive income (loss), net of taxes

Accumulated other comprehensive income (loss), net of tax, beginning balance

(38)

(46)

(35)

Cash flow hedges, net of tax

Accumulated other comprehensive income (loss), net of tax, ending balance

(36)

(38)

(46)

Cash Flow Hedging [Member]

Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]

Reclassification to earnings

(7)

(8)

$ (5)

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

Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]

Reclassification to earnings

^[1]

(8)

(7)

Foreign exchange forward contracts [Member] | Cash Flow Hedging [Member]

Other Comprehensive Income (Loss), Reclassification Adjustments [Abstract]

Reclassification to earnings

$ 1

$ (1)

[1]

Supplemental Cash Flow Information (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Supplemental Cash Flow Elements [Abstract]

Dividends declared but not yet paid

$ 79

$ 75

$ 70

Capital expenditures included in accounts payable and other current liabilities

Business Combination, Contingent Consideration, Liability

Stock issued for acquisition of business

Capital lease additions

^[1]

Interest paid

107

115

Income taxes paid

$ 345

$ 310

$ 724

[1]	The Company converted a number of month-to-month operating leases into capital leases which is presented as a non-cash financing activity.

Leases (Details) - USD ($) $ in Millions	12 Months Ended
Leases (Details) - USD ($) $ in Millions	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Leases [Abstract]
Operating Leases, Rent Expense	$ 69	$ 76	$ 80
Operating Leases, Future Minimum Payments Due, Next Twelve Months	47
Operating Leases, Future Minimum Payments, Due in Two Years	40
Operating Leases, Future Minimum Payments, Due in Three Years	32
Operating Leases, Future Minimum Payments, Due in Four Years	24
Operating Leases, Future Minimum Payments, Due in Five Years	21
Operating Leases, Future Minimum Payments, Due Thereafter	75
Operating Leases, Future Minimum Payments Due	239
Capital Leases, Future Minimum Payments Due, Next Twelve Months	11
Capital Leases, Future Minimum Payments Due in Two Years	11
Capital Leases, Future Minimum Payments Due in Three Years	11
Capital Leases, Future Minimum Payments Due in Four Years	11
Capital Leases, Future Minimum Payments Due in Five Years	10
Capital Leases, Future Minimum Payments Due Thereafter	167
Capital Leases, Future Minimum Payments Due	221
Capital Leases, Future Minimum Payments, Interest Included in Payments	(135)
Capital Lease Obligations	$ 86	$ 56

Commitments and Contingencies (Details)	75 Months Ended
Commitments and Contingencies (Details)	Dec. 31, 2014 USD ($)
Accrual for Environmental Loss Contingencies Disclosure [Abstract]
Site Contingency Study Paid	$ 675,000

Segments (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
Segments (Details) - USD ($) $ in Millions	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Net sales	$ 1,509	$ 1,583	$ 1,631	$ 1,398	$ 1,463	$ 1,543	$ 1,611	$ 1,380	$ 6,121	$ 5,997	$ 5,995
Segment Results - SOP
Total segment operating profit									1,504	1,364	1,364
Unallocated corporate costs									323	309	261
Other operating expense, net									1	9	11
Income from operations									1,180	1,046	1,092
Interest expense, net									107	121	123
Other expense (income), net									0	383	(9)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									1,073	542	978
Amortization									36	38	37
Depreciation									199	196	203
Segment Results - Assets [Abstract]
Property, plant and equipment, net	1,141				1,173				1,141	1,173
Assets, Current	1,211				1,119				1,211	1,119
Other Assets, Noncurrent	5,921				5,909				5,921	5,909
Assets	8,273				8,201				8,273	8,201
U.S.
Segment Reporting Information [Line Items]
Net sales									5,361	5,292	5,341
Segment Results - Assets [Abstract]
Property, plant and equipment, net	1,039				1,081				1,039	1,081
International [Member]
Segment Reporting Information [Line Items]
Net sales									760	705	654
Segment Results - Assets [Abstract]
Property, plant and equipment, net	102				92				102	92
Beverage Concentrates [Member]
Segment Reporting Information [Line Items]
Net sales									1,228	1,229	1,221
Segment Results - SOP
Total segment operating profit									790	778	774
Amortization									16	17	20
Depreciation									7	5	10
Segment Results - Assets [Abstract]
Property, plant and equipment, net	71				73				71	73
Packaged Beverages [Member]
Segment Reporting Information [Line Items]
Net sales									4,361	4,306	4,358
Segment Results - SOP
Total segment operating profit									636	525	539
Amortization									7	7	7
Depreciation									165	164	173
Segment Results - Assets [Abstract]
Property, plant and equipment, net	899				932				899	932
Latin America Beverages [Member]
Segment Reporting Information [Line Items]
Net sales									532	462	416
Segment Results - SOP
Total segment operating profit									78	61	51
Amortization									0	0	0
Depreciation									15	14	11
Segment Results - Assets [Abstract]
Property, plant and equipment, net	102				92				102	92
Segment Total [Member]
Segment Results - SOP
Amortization									23	24	27
Depreciation									187	183	194
Segment Results - Assets [Abstract]
Property, plant and equipment, net	1,072				1,097				1,072	1,097
Corporate and Other [Member]
Segment Results - SOP
Amortization									13	14	10
Depreciation									12	13	9
Segment Results - Assets [Abstract]
Property, plant and equipment, net	$ 69				$ 76				69	76
Customer 1 [Member]
Segment Reporting Information [Line Items]
Net sales									$ 740	$ 734	$ 763

Guarantor and Non-Guarantor Financial Information (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Oct. 31, 2014	Dec. 31, 2013	Feb. 25, 2013	Dec. 31, 2012
Condensed Consolidating Statements of Income
Net sales	$ 1,509	$ 1,583	$ 1,631	$ 1,398	$ 1,463	$ 1,543	$ 1,611	$ 1,380	$ 6,121	$ 5,997	$ 5,995
Cost of sales									2,491	2,499	2,500
Gross profit	895	925	966	844	880	893	935	790	3,630	3,498	3,495
Selling, general and administrative expenses									2,334	2,272	2,268
Multi-employer pension plan withdrawal									0	56	0
Depreciation and amortization									115	115	124
Other operating expense, net									1	9	11
Income from operations									1,180	1,046	1,092
Interest expense									109	123	125
Interest income									(2)	(2)	(2)
Other (income) expense, net									0	383	(9)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									1,073	542	978
Provision (benefit) for income taxes									371	(81)	349
Income before equity in earnings of unconsolidated subsidiaries									702	623	629
Equity in earnings of consolidated subsidiaries									0	0	0
Equity in earnings of unconsolidated subsidiaries, net of tax									1	1	0
Net income	150	$ 188	$ 210	155	156	207	$ 155	106	703	624	629
Condensed Consolidating Statements of Comprehensive Income
Other comprehensive income impact from consolidated subsidiaries									0	0	0
Foreign currency translation adjustments									(44)	(9)	19
Net change in pension liability, net of tax									(7)	23	(8)
Net change in cash flow hedges, net of tax									2	8	(11)
Current year OCI									(49)	22	0
Comprehensive income (loss)									654	646	629
Current assets:
Cash and Cash Equivalents, at Carrying Value	237			153	153			366	153	366	701	$ 237		$ 153		$ 366
Accounts receivable:
Trade, net												556		564
Other												61		58
Related party receivable												0		0
Inventories												204		200
Deferred tax assets												67		66
Prepaid expenses and other current assets												86		78
Total current assets												1,211		1,119
Property, plant and equipment, net												1,141		1,173
Investments in consolidated subsidiaries												0		0
Investments in unconsolidated subsidiaries												14		15
Goodwill												2,990	$ 5	2,988	$ 5	2,983
Other intangible assets, net												2,684		2,694
Long-term receivable, related parties												0		0
Other non-current assets												159		127
Non-current deferred tax assets												74		85
Total assets												8,273		8,201
Current liabilities:
Accounts payable												289		271
Related party payable												0		0
Deferred revenue												64		65
Short-term borrowings and current portion of long-term obligations												3		66
Income taxes payable												10		33
Other current liabilities												672		595
Total current liabilities												1,038		1,030
Long-term obligations to third parties												2,588		2,508
Long-term obligations to related parties												0		0
Non-current deferred tax liabilities												801		755
Non-current deferred revenue												1,250		1,318
Other non-current liabilities												302		313
Total liabilities												5,979		5,924
Total stockholders' equity												2,294		2,277
Total liabilities and stockholders' equity												8,273		8,201
Operating activities:
Net cash (used in) provided by operating activities									1,022	866	482
Investing activities:
Acquisition of business									(19)	(10)	0
Purchase of property, plant and equipment									(170)	(179)	(217)
Purchase of intangible assets									(1)	(5)	(7)
Return of capital									0	0	0
Proceeds from disposals of property, plant and equipment									8	1	7
Issuances of related party notes receivables									0	0	0
Repayment of related party notes receivables										0	0
Other, net									(3)	(2)	0
Net cash used in investing activities									(185)	(195)	(217)
Financing activities:
Proceeds from issuance of related party debt									0	0	0
Repayment of related party debt										0	0
Proceeds from issuance of senior unsecured notes									0	0	500
Repayment of senior unsecured notes									0	(250)	(450)
Proceeds from (Repayments of) Commercial Paper									(65)	65	0
Repurchase of shares of common stock									(400)	(400)	(400)
Dividends paid									(317)	(302)	(284)
Tax withholdings related to net share settlements of certain stock awards									(16)	(13)	0
Proceeds from stock options exercised									41	15	22
Excess tax benefit on stock-based compensation									11	6	16
Deferred financing charges paid									0	0	(4)
Other, net									(1)	(1)	(3)
Net cash used in financing activities									(747)	(880)	(603)
Cash and cash equivalents - net change from:
Operating, investing and financing activities									90	(209)	(338)
Effect of exchange rate changes on cash and cash equivalents									(6)	(4)	3
Cash and cash equivalents at beginning of year				153				366	153	366	701
Cash and cash equivalents at end of period	237				153				237	153	366
Parent [Member]
Condensed Consolidating Statements of Income
Net sales									0	0	0
Cost of sales									0	0	0
Gross profit									0	0	0
Selling, general and administrative expenses									1	4	0
Multi-employer pension plan withdrawal									0	0
Depreciation and amortization									0	0	0
Other operating expense, net									0	0	0
Income from operations									(1)	(4)	0
Interest expense									104	118	122
Interest income									(40)	(77)	(81)
Other (income) expense, net									(2)	383	(11)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									(63)	(428)	(30)
Provision (benefit) for income taxes									(38)	(16)	(13)
Income before equity in earnings of unconsolidated subsidiaries									(25)	(412)	(17)
Equity in earnings of consolidated subsidiaries									728	1,036	647
Equity in earnings of unconsolidated subsidiaries, net of tax									0	0	(1)
Net income									703	624	629
Condensed Consolidating Statements of Comprehensive Income
Other comprehensive income impact from consolidated subsidiaries									(57)	11	13
Foreign currency translation adjustments									4	6	(3)
Net change in pension liability, net of tax									0	0	0
Net change in cash flow hedges, net of tax									4	5	(10)
Current year OCI									(49)	22	0
Comprehensive income (loss)											629
Current assets:
Cash and Cash Equivalents, at Carrying Value	0			0	0	0		0	0	0	0	0		0		0
Accounts receivable:
Trade, net												0		0
Other												3		2
Related party receivable												10		12
Inventories												0		0
Deferred tax assets												0		0
Prepaid expenses and other current assets												218		184
Total current assets												231		198
Property, plant and equipment, net												0		0
Investments in consolidated subsidiaries												6,194		5,438
Investments in unconsolidated subsidiaries												1		1
Goodwill												0		0
Other intangible assets, net												0		0
Long-term receivable, related parties												3,118		3,077
Other non-current assets												63		32
Non-current deferred tax assets												23		27
Total assets												9,630		8,773
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												0		65
Income taxes payable												0		0
Other current liabilities												112		110
Total current liabilities												112		175
Long-term obligations to third parties												2,505		2,453
Long-term obligations to related parties												4,647		3,766
Non-current deferred tax liabilities												0		0
Non-current deferred revenue												0		0
Other non-current liabilities												72		102
Total liabilities												7,336		6,496
Total stockholders' equity												2,294		2,277
Total liabilities and stockholders' equity												9,630		8,773
Operating activities:
Net cash (used in) provided by operating activities									(122)	(99)	(193)
Investing activities:
Acquisition of business									0	0
Purchase of property, plant and equipment									0	0	0
Purchase of intangible assets									0	0	0
Return of capital									0	0	0
Proceeds from disposals of property, plant and equipment									0	0	0
Issuances of related party notes receivables									0	0	0
Repayment of related party notes receivables										250	450
Other, net									(3)	(3)
Net cash used in investing activities									(3)	247	450
Financing activities:
Proceeds from issuance of related party debt									882	802	859
Repayment of related party debt										(65)	(500)
Proceeds from issuance of senior unsecured notes											500
Repayment of senior unsecured notes										(250)	(450)
Proceeds from (Repayments of) Commercial Paper									(65)	65
Repurchase of shares of common stock									(400)	(400)	(400)
Dividends paid									(317)	(302)	(284)
Tax withholdings related to net share settlements of certain stock awards									(16)	(13)
Proceeds from stock options exercised									41	15	22
Excess tax benefit on stock-based compensation									0	0	0
Deferred financing charges paid											(4)
Other, net									0	0	0
Net cash used in financing activities									125	(148)	(257)
Cash and cash equivalents - net change from:
Operating, investing and financing activities									0	0	0
Effect of exchange rate changes on cash and cash equivalents									0	0	0
Cash and cash equivalents at beginning of year				0	0			0	0	0	0
Cash and cash equivalents at end of period	0				0	0			0	0	0
Guarantors [Member]
Condensed Consolidating Statements of Income
Net sales									5,474	5,406	5,451
Cost of sales									2,191	2,240	2,265
Gross profit									3,283	3,166	3,186
Selling, general and administrative expenses									2,106	2,048	2,062
Multi-employer pension plan withdrawal									0	56
Depreciation and amortization									107	107	117
Other operating expense, net									1	9	11
Income from operations									1,069	946	996
Interest expense									51	89	90
Interest income									0	0	(1)
Other (income) expense, net									(3)	(6)	(4)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									1,021	863	911
Provision (benefit) for income taxes									383	(147)	342
Income before equity in earnings of unconsolidated subsidiaries									638	1,010	569
Equity in earnings of consolidated subsidiaries									90	26	78
Equity in earnings of unconsolidated subsidiaries, net of tax									0	0	0
Net income									728	1,036	647
Condensed Consolidating Statements of Comprehensive Income
Other comprehensive income impact from consolidated subsidiaries									(66)	(19)	24
Foreign currency translation adjustments									15	11	(4)
Net change in pension liability, net of tax									(6)	19	(7)
Net change in cash flow hedges, net of tax									0	0	0
Current year OCI									(57)	11	13
Comprehensive income (loss)											660
Current assets:
Cash and Cash Equivalents, at Carrying Value	186			88	88	88		257	88	257	641	186		88		257
Accounts receivable:
Trade, net												494		502
Other												42		43
Related party receivable												10		7
Inventories												168		172
Deferred tax assets												65		63
Prepaid expenses and other current assets												67		58
Total current assets												1,032		933
Property, plant and equipment, net												1,039		1,081
Investments in consolidated subsidiaries												612		590
Investments in unconsolidated subsidiaries												0		0
Goodwill												2,971		2,966
Other intangible assets, net												2,615		2,616
Long-term receivable, related parties												4,647		3,766
Other non-current assets												90		95
Non-current deferred tax assets												0		0
Total assets												13,006		12,047
Current liabilities:
Accounts payable												258		247
Related party payable												10		12
Deferred revenue												62		63
Short-term borrowings and current portion of long-term obligations												3		1
Income taxes payable												212		194
Other current liabilities												512		448
Total current liabilities												1,057		965
Long-term obligations to third parties												83		55
Long-term obligations to related parties												3,413		3,336
Non-current deferred tax liabilities												824		781
Non-current deferred revenue												1,216		1,278
Other non-current liabilities												219		194
Total liabilities												6,812		6,609
Total stockholders' equity												6,194		5,438
Total liabilities and stockholders' equity												13,006		12,047
Operating activities:
Net cash (used in) provided by operating activities									1,055	889	559
Investing activities:
Acquisition of business									(19)	(10)
Purchase of property, plant and equipment									(130)	(154)	(193)
Purchase of intangible assets									(1)	(5)	(7)
Return of capital									2	19	21
Proceeds from disposals of property, plant and equipment									8	1	7
Issuances of related party notes receivables									(882)	(810)	(859)
Repayment of related party notes receivables										65	500
Other, net									0	1
Net cash used in investing activities									(1,022)	(893)	(531)
Financing activities:
Proceeds from issuance of related party debt									55	80	25
Repayment of related party debt										(250)	(450)
Proceeds from issuance of senior unsecured notes											0
Repayment of senior unsecured notes										0
Net (repayment) issuance of commercial paper									0	0
Repurchase of shares of common stock									0	0	0
Dividends paid									0	0	0
Tax withholdings related to net share settlements of certain stock awards									0	0
Proceeds from stock options exercised									0	0	0
Excess tax benefit on stock-based compensation									11	6	16
Deferred financing charges paid											0
Other, net									(1)	(1)	(3)
Net cash used in financing activities									65	(165)	(412)
Cash and cash equivalents - net change from:
Operating, investing and financing activities									98	(169)	(384)
Effect of exchange rate changes on cash and cash equivalents									0	0	0
Cash and cash equivalents at beginning of year				88	88			257	88	257	641
Cash and cash equivalents at end of period	186				88	88			186	88	257
Non-Guarantors [Member]
Condensed Consolidating Statements of Income
Net sales									681	623	575
Cost of sales									334	291	266
Gross profit									347	332	309
Selling, general and administrative expenses									227	220	206
Multi-employer pension plan withdrawal									0	0
Depreciation and amortization									8	8	7
Other operating expense, net									0	0	0
Income from operations									112	104	96
Interest expense									0	0	0
Interest income									(8)	(9)	(7)
Other (income) expense, net									5	6	6
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									115	107	97
Provision (benefit) for income taxes									26	82	20
Income before equity in earnings of unconsolidated subsidiaries									89	25	77
Equity in earnings of consolidated subsidiaries									0	0	0
Equity in earnings of unconsolidated subsidiaries, net of tax									1	1	1
Net income									90	26	78
Condensed Consolidating Statements of Comprehensive Income
Other comprehensive income impact from consolidated subsidiaries									0	0	0
Foreign currency translation adjustments									(63)	(26)	26
Net change in pension liability, net of tax									(1)	4	(1)
Net change in cash flow hedges, net of tax									(2)	3	(1)
Current year OCI									(66)	(19)	24
Comprehensive income (loss)											102
Current assets:
Cash and Cash Equivalents, at Carrying Value	51			65	65	65		109	65	109	60	51		65		109
Accounts receivable:
Trade, net												62		62
Other												16		13
Related party receivable												0		0
Inventories												36		28
Deferred tax assets												3		6
Prepaid expenses and other current assets												9		4
Total current assets												177		178
Property, plant and equipment, net												102		92
Investments in consolidated subsidiaries												0		0
Investments in unconsolidated subsidiaries												13		14
Goodwill												19		22
Other intangible assets, net												69		78
Long-term receivable, related parties												295		259
Other non-current assets												6		0
Non-current deferred tax assets												74		85
Total assets												755		728
Current liabilities:
Accounts payable												31		24
Related party payable												10		7
Deferred revenue												2		2
Short-term borrowings and current portion of long-term obligations												0		0
Income taxes payable												6		7
Other current liabilities												49		40
Total current liabilities												98		80
Long-term obligations to third parties												0		0
Long-term obligations to related parties												0		0
Non-current deferred tax liabilities												0		1
Non-current deferred revenue												34		40
Other non-current liabilities												11		17
Total liabilities												143		138
Total stockholders' equity												612		590
Total liabilities and stockholders' equity												755		728
Operating activities:
Net cash (used in) provided by operating activities									89	84	116
Investing activities:
Acquisition of business									0	0
Purchase of property, plant and equipment									(40)	(25)	(24)
Purchase of intangible assets									0	0	0
Return of capital									(2)	(19)	(21)
Proceeds from disposals of property, plant and equipment									0	0	0
Issuances of related party notes receivables									(55)	(80)	(25)
Repayment of related party notes receivables										0	0
Other, net									0	0
Net cash used in investing activities									(97)	(124)	(70)
Financing activities:
Proceeds from issuance of related party debt									0	8	0
Repayment of related party debt										0	0
Proceeds from issuance of senior unsecured notes											0
Repayment of senior unsecured notes										0	0
Net (repayment) issuance of commercial paper									0	0
Repurchase of shares of common stock									0	0	0
Dividends paid									0	(8)	0
Tax withholdings related to net share settlements of certain stock awards									0	0
Proceeds from stock options exercised									0	0	0
Excess tax benefit on stock-based compensation									0	0	0
Deferred financing charges paid											0
Other, net									0	0	0
Net cash used in financing activities									0	0	0
Cash and cash equivalents - net change from:
Operating, investing and financing activities									(8)	(40)	46
Effect of exchange rate changes on cash and cash equivalents									(6)	(4)	3
Cash and cash equivalents at beginning of year				65	65			109	65	109	60
Cash and cash equivalents at end of period	51				65	65			51	65	109
Eliminations [Member]
Condensed Consolidating Statements of Income
Net sales									(34)	(32)	(31)
Cost of sales									(34)	(32)	(31)
Gross profit									0	0	0
Selling, general and administrative expenses									0	0	0
Multi-employer pension plan withdrawal									0	0
Depreciation and amortization									0	0	0
Other operating expense, net									0	0	0
Income from operations									0	0	0
Interest expense									(46)	(84)	(87)
Interest income									46	84	87
Other (income) expense, net									0	0	0
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries									0	0	0
Provision (benefit) for income taxes									0	0	0
Income before equity in earnings of unconsolidated subsidiaries									0	0	0
Equity in earnings of consolidated subsidiaries									(818)	(1,062)	(725)
Equity in earnings of unconsolidated subsidiaries, net of tax									0	0	0
Net income									(818)	(1,062)	(725)
Condensed Consolidating Statements of Comprehensive Income
Other comprehensive income impact from consolidated subsidiaries									123	8	(37)
Foreign currency translation adjustments									0	0	0
Net change in pension liability, net of tax									0	0	0
Net change in cash flow hedges, net of tax									0	0	0
Current year OCI									123	8	(37)
Comprehensive income (loss)											(762)
Current assets:
Cash and Cash Equivalents, at Carrying Value	0			0	0	0		0	0	0	0	0		0		$ 0
Accounts receivable:
Trade, net												0		0
Other												0		0
Related party receivable												(20)		(19)
Inventories												0		0
Deferred tax assets												(1)		(3)
Prepaid expenses and other current assets												(208)		(168)
Total current assets												(229)		(190)
Property, plant and equipment, net												0		0
Investments in consolidated subsidiaries												(6,806)		(6,028)
Investments in unconsolidated subsidiaries												0		0
Goodwill												0		0
Other intangible assets, net												0		0
Long-term receivable, related parties												(8,060)		(7,102)
Other non-current assets												0		0
Non-current deferred tax assets												(23)		(27)
Total assets												(15,118)		(13,347)
Current liabilities:
Accounts payable												0		0
Related party payable												(20)		(19)
Deferred revenue												0		0
Short-term borrowings and current portion of long-term obligations												0		0
Income taxes payable												(208)		(168)
Other current liabilities												(1)		(3)
Total current liabilities												(229)		(190)
Long-term obligations to third parties												0		0
Long-term obligations to related parties												(8,060)		(7,102)
Non-current deferred tax liabilities												(23)		(27)
Non-current deferred revenue												0		0
Other non-current liabilities												0		0
Total liabilities												(8,312)		(7,319)
Total stockholders' equity												(6,806)		(6,028)
Total liabilities and stockholders' equity												$ (15,118)		$ (13,347)
Operating activities:
Net cash (used in) provided by operating activities									0	(8)	0
Investing activities:
Acquisition of business									0	0
Purchase of property, plant and equipment									0	0	0
Purchase of intangible assets									0	0	0
Return of capital									0	0	0
Proceeds from disposals of property, plant and equipment									0	0	0
Issuances of related party notes receivables									937	890	884
Repayment of related party notes receivables										(315)	(950)
Other, net									0	0
Net cash used in investing activities									937	575	(66)
Financing activities:
Proceeds from issuance of related party debt									(937)	(890)	(884)
Repayment of related party debt										315	950
Proceeds from issuance of senior unsecured notes											0
Repayment of senior unsecured notes										0	0
Net (repayment) issuance of commercial paper									0	0
Repurchase of shares of common stock									0	0	0
Dividends paid									0	8	0
Tax withholdings related to net share settlements of certain stock awards									0	0
Proceeds from stock options exercised									0	0	0
Excess tax benefit on stock-based compensation									0	0	0
Deferred financing charges paid											0
Other, net									0	0	0
Net cash used in financing activities									(937)	(567)	66
Cash and cash equivalents - net change from:
Operating, investing and financing activities									0	0	0
Effect of exchange rate changes on cash and cash equivalents									0	0	0
Cash and cash equivalents at beginning of year				$ 0	0			$ 0	0	0	0
Cash and cash equivalents at end of period	$ 0				$ 0	$ 0			$ 0	$ 0	$ 0

Selected Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenue, Net	$ 1,509	$ 1,583	$ 1,631	$ 1,398	$ 1,463	$ 1,543	$ 1,611	$ 1,380	$ 6,121	$ 5,997	$ 5,995
Gross Profit	895	925	966	844	880	893	935	790	3,630	3,498	3,495
Net income	$ 150	$ 188	$ 210	$ 155	$ 156	$ 207	$ 155	$ 106	$ 703	$ 624	$ 629
Earnings per common share - basic	$ 0.77	$ 0.97	$ 1.07	$ 0.78	$ 0.78	$ 1.02	$ 0.76	$ 0.52	$ 3.59	$ 3.08	$ 2.99
Earnings per common share - diluted	0.77	0.96	1.06	0.78	0.78	1.01	0.76	0.51	3.56	3.05	2.96
Dividends declared per share	0.41	0.41	0.41	0.41	0.38	0.38	0.38	0.38	$ 1.64	$ 1.52	$ 1.36
High [Member]
Common stock price	74.00	65.32	60.22	54.46	49.17	48.29	50.36	46.95
Low [Member]
Common stock price	$ 61.85	$ 58.41	$ 51.19	$ 47.22	$ 43.38	$ 44.31	$ 44.98	$ 42.47

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details