XML 40 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Divestitures
9 Months Ended
Sep. 30, 2013
Divestitures
3. Divestitures

In January 2013, we sold certain non-strategic economy brands and related inventory, including allocated goodwill, for approximately $63 million. These brands, sold in North America, generated 2012 revenues of approximately $30 million on volumes of approximately 1.8 million cases. We entered into a transition services agreement with the buyer whereby we will continue to produce and bottle the brands for the buyer through January 2014. In connection with the sale, we recorded a pre-tax gain of $12.0 million ($8.0 million after tax) in 2013.