Keurig Dr Pepper Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
KDP$36.94+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (in millions, except share and per share data) | 2023 | 2022 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $267 | $535 |
| Trade accounts receivable, net | 1,368 | 1,484 |
| Inventories | 1,142 | 1,314 |
| Prepaid expenses and other current assets | 598 | 471 |
| Total current assets | 3,375 | 3,804 |
| Property, plant, and equipment, net | 2,699 | 2,491 |
| Investments in unconsolidated affiliates | 1,387 | 1,000 |
| Goodwill | 20,202 | 20,072 |
| Other intangible assets, net | 23,287 | 23,183 |
| Other non-current assets | 1,149 | 1,252 |
| Deferred tax assets | 31 | 35 |
| Total assets | $52,130 | $51,837 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $3,597 | $5,206 |
| Accrued expenses | 1,242 | 1,153 |
| Structured payables | 117 | 137 |
| Short-term borrowings and current portion of long-term obligations | 3,246 | 895 |
| Other current liabilities | 714 | 685 |
| Total current liabilities | 8,916 | 8,076 |
| Long-term obligations | 9,945 | 11,072 |
| Deferred tax liabilities | 5,760 | 5,739 |
| Other non-current liabilities | 1,833 | 1,825 |
| Total liabilities | 26,454 | 26,712 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued | — | — |
| Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,390,446,043 and 1,408,394,293 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 14 | 14 |
| Additional paid-in capital | 20,788 | 21,444 |
| Retained earnings | 4,559 | 3,539 |
| Accumulated other comprehensive income | 315 | 129 |
| Total stockholders' equity | 25,676 | 25,126 |
| Non-controlling interest | — | (1) |
| Total equity | 25,676 | 25,125 |
| Total liabilities and equity | $52,130 | $51,837 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.