Keurig Dr Pepper Inc.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
KDP$36.94+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (in millions, except share and per share data) | 2025 | 2024 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,026 | $510 |
| Restricted cash and restricted cash equivalents | 18 | 80 |
| Trade accounts receivable, net | 1,671 | 1,502 |
| Inventories | 1,733 | 1,299 |
| Prepaid expenses and other current assets | 818 | 606 |
| Total current assets | 5,266 | 3,997 |
| Property, plant, and equipment, net | 3,230 | 2,964 |
| Equity method investments | 1,660 | 1,543 |
| Goodwill | 20,247 | 20,053 |
| Intangible assets, net | 23,725 | 23,634 |
| Deferred tax assets | 36 | 39 |
| Other non-current assets | 1,295 | 1,200 |
| Total assets | $55,459 | $53,430 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $2,996 | $2,985 |
| Accrued expenses | 1,379 | 1,584 |
| Structured payables | 25 | 41 |
| Short-term borrowings and current portion of long-term obligations | 3,105 | 2,642 |
| Other current liabilities | 785 | 835 |
| Total current liabilities | 8,290 | 8,087 |
| Long-term obligations | 13,036 | 12,912 |
| Deferred tax liabilities | 5,526 | 5,435 |
| Other non-current liabilities | 3,091 | 2,753 |
| Total liabilities | 29,943 | 29,187 |
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued as of December 31, 2025 and 2024 | — | — |
| Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,358,663,795 and 1,356,664,609 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 14 | 14 |
| Additional paid-in capital | 19,778 | 19,712 |
| Retained earnings | 5,622 | 4,793 |
| Accumulated other comprehensive income (loss) | 102 | (276) |
| Total stockholders' equity | 25,516 | 24,243 |
| Total liabilities and stockholders' equity | $55,459 | $53,430 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.