Keurig Dr Pepper Inc.
For the period ended Mar 31, 2026. Filed Apr 23, 2026.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
Other Financial Information
- Other Financial Information
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS
The carrying value of cash, cash equivalents, restricted cash, and restricted cash equivalents is valued as of the balance sheet date equating fair value and is classified as Level 1. The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents reported within the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows:
| (in millions) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Cash and cash equivalents | $898 | $1,026 |
| Restricted cash and restricted cash equivalents(1) | 17,818 | 18 |
| Total cash, cash equivalents, restricted cash, and restricted cash equivalents | $18,716 | $1,044 |
(1)As of March 31, 2026, Restricted cash and restricted cash equivalents includes approximately $17.8 billion of legally segregated cash to be utilized for the completion of the JDE Peet's Acquisition, which occurred on April 1, 2026.
SELECTED BALANCE SHEET INFORMATION
| (in millions) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Raw materials | $722 | $706 |
| Work-in-process | 10 | 8 |
| Finished goods | 1,097 | 1,019 |
| Total inventories | $1,829 | $1,733 |
Supplier Financing Arrangements
Outstanding obligations under supplier financing arrangements, which are confirmed as valid and included in accounts payable as of March 31, 2026 and December 31, 2025, were $1,473 million and $1,378 million, respectively.
Mandatory Redemption Liability
The fair value of our mandatory redemption liability associated with GHOST was $899 million and $880 million as of March 31, 2026 and December 31, 2025, respectively, and is included within Other non-current liabilities within the unaudited Condensed Consolidated Balance Sheets.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.