Keurig Dr Pepper Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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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.
FY2024 · Filed Feb 25, 2025
KDP$37.59+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
. Property, Plant, and Equipment
- Property, Plant, and Equipment
Property, plant, and equipment, net consisted of the following:
| December 31, | ||
|---|---|---|
| (in millions) | 2024 | 2023 |
| Land | $58 | $45 |
| Buildings and improvements | 825 | 744 |
| Machinery and equipment | 3,290 | 2,899 |
| Cold drink equipment | 142 | 118 |
| Software | 517 | 492 |
| Construction-in-progress | 384 | 365 |
| Property, plant, and equipment, gross | 5,216 | 4,663 |
| Less: accumulated depreciation and amortization | (2,252) | (1,964) |
| Property, plant, and equipment, net | $2,964 | $2,699 |
The following table summarizes the location of depreciation expense within the Consolidated Statements of Income:
| For the Year Ended December 31, | |||
|---|---|---|---|
| (in millions) | 2024 | 2023 | 2022 |
| Cost of sales | $234 | $231 | $229 |
| SG&A expenses | 188 | 171 | 170 |
| Total depreciation expense | $422 | $402 | $399 |
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