Coca Cola 2005 Annual Report Download - page 85

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THE COCA-COLA COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 4: PROPERTY, PLANT AND EQUIPMENT
The following table summarizes our property, plant and equipment (in millions):
December 31, 2005 2004
Land $ 447 $ 479
Buildings and improvements 2,692 2,822
Machinery and equipment 6,226 6,138
Containers 468 480
Construction in progress 306 230
$ 10,139 $ 10,149
Less accumulated depreciation 4,353 4,058
Property, plant and equipment — net $ 5,786 $ 6,091
NOTE 5: GOODWILL, TRADEMARKS AND OTHER INTANGIBLE ASSETS
The following tables set forth information for intangible assets subject to amortization and for intangible
assets not subject to amortization (in millions):
December 31, 2005 2004
Amortized intangible assets (various, principally trademarks):
Gross carrying amount $ 314 $ 292
Less accumulated amortization 168 128
Amortized intangible assets—net $ 146 $ 164
Unamortized intangible assets:
Trademarks1$ 1,946 $ 2,037
Goodwill21,047 1,097
Bottlers’ franchise rights3521 374
Other 161 164
Unamortized intangible assets $ 3,675 $ 3,672
1The decrease in 2005 was primarily the result of impairment charges of approximately $84 million
related to trademarks in the Philippines and the effect of translation adjustments, partially offset by
acquisitions of trademarks and brands in 2005 totaling approximately $22 million, none of which were
individually significant. Refer to Note 17.
2The decrease in 2005 was primarily the result of translation adjustments, partially offset by goodwill
recognized in connection with the Bremer acquisition. Refer to Note 19.
3The increase in 2005 was primarily related to the Bremer and Sucos Mais acquisitions. Refer to
Note 19.
Total amortization expense for intangible assets subject to amortization was approximately $29 million,
$35 million and $23 million for the years ended December 31, 2005, 2004 and 2003, respectively.
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