Coca Cola 2013 Annual Report Download - page 137

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NOTE 20: NET CHANGE IN OPERATING ASSETS AND LIABILITIES
Net cash provided by (used in) operating activities attributable to the net change in operating assets and liabilities is composed of
the following (in millions):
Year Ended December 31, 2013 2012 2011
(Increase) decrease in trade accounts receivable $28$ (33) $ (562)
(Increase) decrease in inventories (105) (286) (447)
(Increase) decrease in prepaid expenses and other assets (163) (29) (350)
Increase (decrease) in accounts payable and accrued expenses (158) (556) 63
Increase (decrease) in accrued taxes 22 770 (132)
Increase (decrease) in other liabilities (556) (946) (465)
Net change in operating assets and liabilities $ (932) $ (1,080) $ (1,893)
NOTE 21: SUBSEQUENT EVENT
On February 5, 2014, the Company entered into agreements with Green Mountain Coffee Roasters, Inc. (‘‘GMCR’’), providing for
the development and introduction of the Company’s global brand portfolio for use in GMCR’s forthcoming Keurig ColdTM at-home
beverage system and the acquisition by the Company of an approximate 10 percent equity position in GMCR. Under the terms of
the equity agreement, a wholly-owned subsidiary of the Company agreed to purchase 16,684,139 newly issued shares in GMCR for
approximately $1.25 billion. The newly issued shares have been priced at $74.98, which represents the trailing 50-trading-day
volume weighted-average price as of the agreement date. The transaction closed on February 27, 2014.
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