Keurig Dr Pepper Inc.
For the period ended Mar 31, 2026. Filed Apr 23, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Goodwill and Intangible Assets
- Goodwill and Intangible Assets
GOODWILL
Changes in the carrying amount of goodwill by reportable segment are as follows:
| (in millions) | U.S. Refreshment Beverages | U.S. Coffee | International | Total |
|---|---|---|---|---|
| Balance as of December 31, 2025 | $8,870 | $8,622 | $2,755 | $20,247 |
| Foreign currency translation | — | — | (37) | (37) |
| Balance as of March 31, 2026 | $8,870 | $8,622 | $2,718 | $20,210 |
INTANGIBLE ASSETS OTHER THAN GOODWILL
The net carrying amounts of intangible assets other than goodwill are as follows:
| March 31, 2026 · December 31, 2025 | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) · Gross Amount · Accumulated Amortization · Net Amount · Gross Amount · Accumulated Amortization · Net Amount | ||||||||
| Intangible assets with definite lives: | ||||||||
| Acquired technology | $1,146 | $(712) | $434 | $1,146 | $(694) | $452 | ||
| Customer relationships | 683 | (309) | 374 | 683 | (301) | 382 | ||
| Contractual arrangements | 146 | (32) | 114 | 146 | (30) | 116 | ||
| Trade names | 126 | (126) | — | 126 | (126) | — | ||
| Brands | 76 | (43) | 33 | 76 | (40) | 36 | ||
| Distribution rights | 162 | (41) | 121 | 162 | (35) | 127 | ||
| Other | 25 | (3) | 22 | 25 | (3) | 22 | ||
| Total intangible assets with definite lives | $2,364 | $(1,266) | $1,098 | $2,364 | $(1,229) | $1,135 | ||
| Intangible assets with indefinite lives: | ||||||||
| Brands | $19,956 | $19,993 | ||||||
| Trade names | 2,478 | 2,478 | ||||||
| Distribution rights | 121 | 119 | ||||||
| Total intangible assets with indefinite lives | 22,555 | 22,590 | ||||||
| Total intangible assets, net | $23,653 | $23,725 | ||||||
Amortization expense for intangible assets with definite lives was as follows:
| First Quarter | ||
|---|---|---|
| (in millions) | 2026 | 2025 |
| Amortization expense | $37 | $34 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.