Coca Cola 2013 Annual Report Download - page 100

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NOTE 7: PROPERTY, PLANT AND EQUIPMENT
The following table summarizes our property, plant and equipment (in millions):
December 31, 2013 2012
Land $ 1,011 $ 997
Buildings and improvements 5,605 5,307
Machinery, equipment and vehicle fleet 17,551 16,203
Construction in progress 865 979
$ 25,032 $ 23,486
Less accumulated depreciation 10,065 9,010
Property, plant and equipment — net $ 14,967 $ 14,476
NOTE 8: INTANGIBLE ASSETS
Indefinite-Lived Intangible Assets
The following table summarizes information related to indefinite-lived intangible assets (in millions):
December 31, 2013 2012
Trademarks1$ 6,744 $ 6,527
Bottlers’ franchise rights 7,415 7,405
Goodwill 12,312 12,255
Other 171 111
Indefinite-lived intangible assets2$ 26,642 $ 26,298
1The increase in 2013 was primarily related to the Company’s consolidation of innocent. Refer to Note 2 for additional information. This increase
was partially offset by impairments on certain trademarks. Refer to Note 17 for additional information.
2During 2010, we entered into license agreements with Dr Pepper Snapple Group, Inc. (‘‘DPSG’’) to distribute Dr Pepper trademark brands in the
United States, Canada Dry in the Northeastern United States, and Canada Dry and C’ Plus in Canada. As a result, the Company recorded an asset
of $865 million related to the DPSG license agreements. Under the license agreements, the Company agreed to meet certain performance
obligations in order to distribute DPSG products in retail and foodservice accounts and vending machines. The license agreements have initial terms
of 20 years, with automatic 20-year renewal periods unless otherwise terminated under the terms of the agreements. The Company anticipates using
the assets indefinitely. The distribution rights acquired from DPSG are the only significant indefinite-lived intangible assets subject to renewal or
extension arrangements.
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