Dr Pepper Snapple Group, Inc. | 2013 | FY | 3


Correction of Prior Period Amounts
Subsequent to the issuance of the Company's 2012 Consolidated Financial Statements, management determined that an error resulted from the Company improperly determining the amount related to purchases of property and equipment included in accounts payable and other current liabilities. As a result, such amounts in the Consolidated Statements of Cash Flows for the years ended December 31, 2012 and 2011 have been corrected from the amounts previously reported to properly reflect cash purchases of property and equipment and the net change in operating assets and liabilities.
The following tables reflect the impact of this correction for the years ended December 31, 2012 and 2011 (in millions):
 
For the Year Ended December 31, 2012
 
As previously reported
 
Correction
 
As corrected
Consolidated Statement of Cash Flows:
 
 
 
 
 
Change in other current and non-current liabilities
$
(29
)
 
$
22

 
$
(7
)
Change in trade accounts payable
10

 
2

 
12

Net cash provided by operating activities
458

 
24

 
482

Purchase of property, plant and equipment
(193
)
 
(24
)
 
(217
)
Net cash used in investing activities
(193
)
 
(24
)
 
(217
)
 
 
 
 
 
 
Note 19 - Supplemental Cash Flow Information:
 
 
 
 
 
Capital expenditures included in accounts payable and other current liabilities
$
73

 
$
(46
)
 
$
27

 
 
 
 
 
 
Note 23 - Guarantor and Non-Guarantor Financial Information:
 
 
 
 
 
Net cash provided by operating activities - Guarantors
$
535

 
$
24

 
$
559

Purchase of property, plant and equipment - Guarantors
(169
)
 
(24
)
 
(193
)
Net cash used in investing activities - Guarantors
(507
)
 
(24
)
 
(531
)
 
For the Year Ended December 31, 2011
 
As previously reported
 
Correction
 
As corrected
Consolidated Statement of Cash Flows:
 
 
 
 
 
Change in other current and non-current liabilities
$
1

 
$
2

 
$
3

Change in trade accounts payable
(30
)
 
21

 
(9
)
Net cash provided by operating activities
760

 
23

 
783

Purchase of property, plant and equipment
(215
)
 
(23
)
 
(238
)
Net cash used in investing activities
(217
)
 
(23
)
 
(240
)
 
 
 
 
 
 
Note 19 - Supplemental Cash Flow Information:
 
 
 
 
 
Capital expenditures included in accounts payable and other current liabilities
$
53

 
$
(22
)
 
$
31

 
 
 
 
 
 
Note 23 - Guarantor and Non-Guarantor Financial Information:
 
 
 
 
 
Net cash provided by operating activities - Guarantors
$
844

 
$
23

 
$
867

Purchase of property, plant and equipment - Guarantors
(194
)
 
(23
)
 
(217
)
Net cash used in investing activities - Guarantors
(101
)
 
(23
)
 
(124
)
There was no impact on previously reported total cash and cash equivalents, consolidated balance sheets or consolidated statements of operations and comprehensive income.

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