Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Keurig Dr Pepper Inc., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Cash and cash equivalents	567)	240)	75)	83)
Restricted cash and restricted cash equivalents	1)	15)	26)	46)
Trade accounts receivable, net	1,148)	1,048)	1,115)	1,150)
Inventories	894)	762)	654)	626)
Other receivables	112)	85)	65)	51)
Customer incentive programs	21)	34)	12)	12)
Derivative instruments	144)	45)	31)	9)
Prepaid marketing	12)	15)	17)	29)
Spare parts	72)	55)	49)	43)
Assets held for sale	—)	2)	165)	8)
Income tax receivable	14)	11)	4)	22)
Other	72)	76)	60)	80)
Prepaid expenses and other current assets	447)	323)	403)	254)
Current assets	3,057)	2,388)	2,273)	2,159)
Property, plant and equipment, net	2,494)	2,212)	2,028)	2,310)
Investments in unconsolidated affiliates	30)	88)	151)	186)
Goodwill	20,182)	20,184)	20,172)	20,011)
Other intangible assets, net	23,856)	23,968)	24,117)	23,967)
Customer incentive programs	59)	70)	33)	34)
Equity securities	58)	41)	40)	44)
Operating lease right-of-use assets	673)	645)	497)	—)
Derivative instruments	3)	12)	19)	95)
Equity securities without readily determinable fair values	1)	1)	1)	1)
Non-current restricted cash and restricted cash equivalents	—)	—)	10)	10)
Related party notes receivable	—)	—)	50)	17)
Other	143)	125)	98)	58)
Other non-current assets	937)	894)	748)	259)
Deferred tax assets	42)	45)	29)	26)
Non-current assets	47,541)	47,391)	47,245)	46,759)
Total assets	50,598)	49,779)	49,518)	48,918)

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Keurig Dr Pepper Inc. current assets increased from 2019 to 2020 and from 2020 to 2021.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Keurig Dr Pepper Inc. property, plant and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Non-current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Keurig Dr Pepper Inc. non-current assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Keurig Dr Pepper Inc. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Keurig Dr Pepper Inc. cash and cash equivalents increased from 2019 to 2020 and from 2020 to 2021.
Trade accounts receivable, net	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Keurig Dr Pepper Inc. trade accounts receivable, net decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Keurig Dr Pepper Inc. inventories increased from 2019 to 2020 and from 2020 to 2021.

Keurig Dr Pepper Inc. (NASDAQ:KDP)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items