Keurig dr pepper inc. (KDP)
Income statement / Yearly
Dec'19Dec'18Dec'17Sep'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net sales

11,120

7,442

6,690

4,269

6,440

6,282

6,121

5,997

5,995

5,903

5,636

5,531

5,710

Cost of sales

4,778

3,560

2,695

2,225

2,582

2,559

2,491

2,499

2,500

2,485

2,243

2,234

2,590

Gross profit

6,342

3,882

3,995

2,044

3,858

3,723

3,630

3,498

3,495

3,418

3,393

3,297

3,120

Selling, general and administrative expenses

3,962

2,635

2,556

1,147

2,329

2,313

2,334

2,272

2,268

2,257

2,233

2,135

2,075

Multi-employer pension plan withdrawal

-

-

-

-

-

-

-

56

0

0

-

-

-

Depreciation and amortization

-

-

102

-

99

105

115

115

124

126

127

117

113

Other operating income, net

-2

-10

51

0

3

-7

-1

-9

-11

-11

8

40

4

Impairment of goodwill and intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

1,039

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

57

Income from operations

2,378

1,237

1,388

897

1,433

1,298

1,180

1,046

1,092

1,024

1,025

1,085

-168

Interest expense

-654

-401

164

-101

147

117

109

123

125

114

128

243

257

Interest expense - related party

0

51

-

100

-

-

-

-

-

-

-

-

-

Interest income

-

-

3

-

3

2

2

2

2

3

3

4

32

Loss on early extinguishment of debt

-11

-13

-62

-85

-31

0

0

-

-

-

-100

0

0

Other expense, net

-19

19

8

-44

25

1

0

-383

9

12

21

22

18

Income before provision for income taxes

1,694

791

1,173

567

1,283

1,184

1,073

542

978

925

821

868

-375

Provision for income taxes

440

202

95

184

434

420

371

-81

349

320

294

315

-61

Income before equity in loss of unconsolidated subsidiaries

-

-

1,078

-

849

764

702

623

629

605

527

553

-314

Equity in loss of unconsolidated subsidiaries, net of tax

-

-

-2

-

-2

0

1

1

0

1

1

2

2

Equity in earnings of consolidated subsidiaries

-

-

-

-

-

-

-

-

0

0

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,254

589

-

383

-

-

-

-

-

-

-

-

-

Less: Net income attributable to employee redeemable non-controlling interest and mezzanine equity awards

0

3

-

5

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

1,254

586

1,076

378

847

764

703

624

629

606

528

555

-312

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.89

0.54

5.91

0.48

4.57

4.00

3.59

3.08

2.99

2.77

2.19

2.18

-1.23

Earnings Per Share, Diluted

0.88

0.53

5.89

0.47

4.54

3.97

3.56

3.05

2.96

2.74

2.17

2.17

-1.23

Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

1,406

1,086

182

790

185

190

195

202

210

218

240

254

254

Weighted Average Number of Shares Outstanding, Diluted

1,419

1,097

182

790

186

192

197

204

212

221

242

255

254

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.90

0.15

0.00