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Acquisitions and Divestitures (Tables)
9 Months Ended
Sep. 30, 2011
Acquisitions and divestitures 
Preliminary allocation of the purchase price by major class of assets and liabilities as well as adjustments made
The following table presents the final allocation of the purchase price by major class of assets and liabilities (in millions) as of the acquisition date, as well as adjustments made during the first nine months of 2011 (referred to as "measurement period adjustments"):
 
Amounts
Recognized as of
Acquisition Date1

 
Measurement
Period
Adjustments2

 
Amounts
Recognized as of
Acquisition Date
(as Adjusted)

Cash and cash equivalents
$
49

 
$

 
$
49

Marketable securities
7

 

 
7

Trade accounts receivable
1,194

 

 
1,194

Inventories
696

 

 
696

Other current assets3
744

 
(5
)
 
739

Property, plant and equipment3
5,385

 
(682
)
 
4,703

Bottlers' franchise rights with indefinite lives3
5,100

 
100

 
5,200

Other intangible assets3
1,032

 
45

 
1,077

Other noncurrent assets
261

 

 
261

Total identifiable assets acquired
14,468

 
(542
)
 
13,926

Accounts payable and accrued expenses3
1,826

 
8

 
1,834

Loans and notes payable
266

 

 
266

Long-term debt
9,345

 

 
9,345

Pension and other postretirement liabilities
1,313

 

 
1,313

Other noncurrent liabilities3
2,603

 
(293
)
 
2,310

Total liabilities assumed
15,353

 
(285
)
 
15,068

Net liabilities assumed
(885
)
 
(257
)
 
(1,142
)
Goodwill3
7,746

 
304

 
8,050

 
6,861

 
47

 
6,908

Less: Noncontrolling interests
13

 

 
13

Net assets acquired
$
6,848

 
$
47

 
$
6,895

1 As previously reported in the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2010.
2 The measurement period adjustments did not have a significant impact on our condensed consolidated statements of income for the three and nine months ended September 30, 2011. In addition, these adjustments did not have a significant impact on our condensed consolidated balance sheets as of September 30, 2011, and December 31, 2010. Therefore, we have not retrospectively adjusted the comparative 2010 financial information presented herein.
3 The measurement period adjustments were due to the finalization of appraisals related to intangible assets and certain fixed assets and resulted in the following: a decrease to property, plant and equipment; an increase to franchise rights; and a decrease to noncurrent deferred tax liabilities. The net impact of the measurement period adjustments and the payments made to New CCE that related to the finalization of working capital adjustments resulted in a net increase to goodwill.