Keurig Dr Pepper (KDP) 10-Q 25 Oct 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Oct. 23, 2017
DEI [Abstract]
Entity Registrant Name	Dr Pepper Snapple Group, Inc.
Entity Central Index Key	1,418,135
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		180,541,455

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Net sales	$ 1,740	$ 1,680	$ 5,047	$ 4,862
Cost of sales	707	683	2,032	1,955
Gross profit	1,033	997	3,015	2,907
Selling, general and administrative expenses	640	603	1,944	1,739
Depreciation and amortization	26	24	76	74
Other operating income, net	0	(3)	(30)	(4)
Income from operations	367	373	1,025	1,098
Interest expense	40	33	124	99
Interest income	(1)	(1)	(3)	(2)
Gain (Loss) on Extinguishment of Debt	13	0	62	0
Other income, net	(2)	(2)	(6)	(25)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	317	343	848	1,026
Provision for income taxes	114	102	279	343
Income before equity in earnings of unconsolidated subsidiaries	203	241	569	683
Equity in loss of unconsolidated subsidiaries, net of tax	0	(1)	(1)	(1)
Net income	$ 203	$ 240	$ 568	$ 682
Earnings per common share:
Basic	$ 1.12	$ 1.30	$ 3.11	$ 3.66
Diluted	$ 1.11	$ 1.29	$ 3.09	$ 3.64
Weighted average common shares outstanding:
Basic	181.4	184.8	182.7	186.1
Diluted	182.1	185.7	183.5	187.1
Cash dividends declared per common share	$ 0.58	$ 0.53	$ 1.74	$ 1.59

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Comprehensive income	$ 212	$ 229	$ 613	$ 664

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 66	$ 1,787
Restricted Cash and Cash Equivalents, Current	89	0
Accounts receivable:
Trade, net	659	595
Other	47	51
Inventories	261	202
Prepaid expenses and other current assets	144	101
Total current assets	1,266	2,736
Property, plant and equipment, net	1,129	1,138
Investments in unconsolidated subsidiaries	24	23
Goodwill	3,559	2,993
Other intangible assets, net	3,786	2,656
Other non-current assets	215	183
Deferred tax assets	60	62
Total assets	10,039	9,791
Current liabilities:
Accounts payable	387	303
Deferred revenue	64	64
Short-term borrowings and current portion of long-term obligations	82	10
Income taxes payable	10	4
Other current liabilities	816	670
Total current liabilities	1,359	1,051
Long-term obligations	4,399	4,468
Deferred tax liabilities	877	812
Non-current deferred revenue	1,071	1,117
Other non-current liabilities	204	209
Total liabilities	7,910	7,657
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued	0	0
Common stock, $0.01 par value, 800,000,000 shares authorized, 182,216,494 and 183,119,843 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	2	2
Additional paid-in capital	0	95
Retained earnings	2,311	2,266
Accumulated other comprehensive loss	(184)	(229)
Total stockholders' equity	2,129	2,134
Total liabilities and stockholders' equity	$ 10,039	$ 9,791

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Stockholders' equity:
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	800,000,000	800,000,000
Common stock, shares issued	180,640,432	183,119,843
Common stock, shares outstanding	180,640,432	183,119,843

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating activities:
Net income	$ 568	$ 682
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	147	142
Amortization expense	25	24
Amortization of deferred revenue	(48)	(48)
Employee stock-based compensation expense	26	33
Deferred income taxes	65	0
Gain (Loss) on Extinguishment of Debt	62	0
Gain on step acquisition of unconsolidated subsidiaries	(28)	(5)
Gain on extinguishment of multi-employer plan withdrawal liability	0	(21)
Unrealized (gain) loss on derivatives	(10)	(41)
Other, net	14	5
Changes in assets and liabilities, net of effects of acquisition:
Trade accounts receivable	(34)	(14)
Other accounts receivable	5	(5)
Inventories	(29)	(19)
Other current and non-current assets	(78)	(61)
Other current and non-current liabilities	0	(48)
Trade accounts payable	41	35
Income taxes payable	6	46
Net cash provided by operating activities	732	705
Investing activities:
Acquisition of business	(1,553)	(15)
Cash acquired in step acquisition of unconsolidated subsidiaries	3	17
Purchase of property, plant and equipment	(85)	(110)
Purchase of intangible assets	(5)	(1)
Investment in unconsolidated subsidiaries	(3)	(6)
Purchase of cost method investment	0	(1)
Proceeds from disposals of property, plant and equipment	3	4
Other, net	(3)	(7)
Net cash used in investing activities	(1,643)	(119)
Financing activities:
Proceeds from issuance of senior unsecured notes	400	400
Repayment of senior unsecured notes	(562)	(500)
Net repayment of commercial paper	70	0
Repurchase of shares of common stock	(320)	(460)
Dividends paid	(309)	(288)
Tax withholdings related to net share settlements of certain stock awards	(30)	(31)
Proceeds from stock options exercised	20	14
Premium (Discount) on Issuance of Long-term Debt	16	(1)
Proceeds from Hedge, Financing Activities	13	0
Deferred financing charges paid	(5)	(3)
Capital lease payments	(8)	(6)
Other, net	(2)	(1)
Net cash used in financing activities	(717)	(876)
Cash and cash equivalents - net change from:
Operating, investing and financing activities	(1,628)	(290)
Effect of exchange rate changes on cash and cash equivalents	6	(1)
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents at beginning of period	1,787	911
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents at end of period	$ 165	$ 620

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - 9 months ended Sep. 30, 2017 - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Total Equity [Member]
Shares issued at beginning of period at Dec. 31, 2016		183.1
Total equity at beginning of period at Dec. 31, 2016	$ 2,134	$ 2	$ 95	$ 2,266	$ (229)	$ 2,134
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued under employee stock-based compensation plans and other		1
Net income	568			568		568
Other comprehensive income	45				45	45
Value of dividend equivalent units outstanding			2
Dividends declared, cash				(320)		(318)
Share-based Goods and Nonemployee Services Transaction, Stockholders' Equity			4			4
Stock options exercised and stock-based compensation, net of tax			16			16
Common stock repurchases, shares		(3.5)
Common stock repurchases, value			(117)	(203)		(320)
Shares issued at end of period at Sep. 30, 2017		180.6
Total equity at end of period at Sep. 30, 2017	$ 2,129	$ 2	$ 0	$ 2,311	$ (184)	$ 2,129

Consolidated Statements of Cha8

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Stockholders' Equity [Abstract]
Dividends declared per share	$ 0.58	$ 0.53	$ 1.74	$ 1.59

General

General	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
General	General References in this Quarterly Report on Form 10-Q to " DPS " or "the Company " refer to Dr Pepper Snapple Group, Inc. and all entities included in the unaudited condensed consolidated financial statements . This Quarterly Report on Form 10-Q refers to some of DPS ' owned or licensed trademarks, trade names and service marks, which are referred to as the Company 's brands. All of the product names included herein are either DPS ' registered trademarks or those of the Company 's licensors. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (" U.S. GAAP ") for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements . In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the Company 's audited consolidated financial statements and the notes thereto in the Company 's Annual Report on Form 10-K for the year ended December 31, 2016 ("Annual Report"). PRINCIPLES OF CONSOLIDATION DPS consolidates all wholly owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes DPS ' proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors or similar governing body, participation in policy-making decisions and material intercompany transactions. The Company is also required to consolidate entities that are variable interest entities (“ VIE s”) of which DPS is the primary beneficiary. Judgments are made in assessing whether the Company is the primary beneficiary, including determination of the activities that most significantly impact the VIE ’s economic performance. The Company eliminates from its financial results all intercompany transactions between entities included in the unaudited condensed consolidated financial statements and the intercompany transactions with its equity method investees. USE OF ESTIMATES The process of preparing DPS ' unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and judgments are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates. RECLASSIFICATIONS Discounts on the issuance of senior unsecured notes have been reclassified from other, net to the premium (discount) on senior unsecured notes caption within the financing activities section in the unaudited Condensed Consolidated Statements of Cash Flows for the prior period to conform to the current year's presentation, with no impact to total cash provided by (used in) operating, investing or financing activities. Excess tax benefit on stock-based compensation in the unaudited Condensed Consolidated Statements of Cash Flows has been reclassified from financing activities to other, net within operating activities for the prior period to conform to the current year's presentation as a result of the adoption of Accounting Standards Update (" ASU ") 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share Based Payment Accounting ("ASU 2016-09"). See Recently Adopted Provisions of U.S. GAAP below for further details on the impact of the adoption of ASU 2016-09 on the Company's unaudited condensed consolidated financial statements. RECENTLY ISSUED ACCOUNTING STANDARDS Effective in 2018 In May 2014, the Financial Accounting Standards Board (" FASB ") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (" ASU 2014-09 "). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP . The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. ASU 2014-09 provides alternative methods of initial adoption. In August 2015, the FASB issued ASU 2015-14 , Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , which defers the effective date of ASU 2014-09 by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) , which clarifies the implementation guidance on principal versus agent considerations for the new model. In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing , which clarifies the implementation guidance related to identifying performance obligations and licensing for the new model. In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients , which improves guidance on assessing collectibility, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. These updates are effective concurrently with Topic 606 (ASU 2014-09). The Company intends to adopt the above standards using the modified retrospective approach for the quarter ending March 31, 2018. In preparation for the Company's adoption of the new standards, management assembled a project management team, which has obtained representative samples of contracts and other forms of agreements with our customers and is evaluating the provisions contained within those documents based on the new guidance. While the Company does not expect this change to have a material impact on the Company's results of operations, financial position and cash flows once implemented on an annual basis, the Company does expect an increase in contract liabilities and a potential impact on its net sales in interim periods due to timing. The Company is still evaluating the disclosure requirements under these standards. As the Company completes its overall evaluation, the Company is also identifying and preparing to implement changes to its accounting policies, practices and controls to support the new standards. In March 2017, the FASB issued ASU 2017-07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost ("ASU 2017-07"). ASU 2017-07 requires employers who offer defined benefit pension plans or other post-retirement benefit plans to report the service cost component within the same income statement caption as other compensation costs arising from services rendered by employees during the period. The ASU also requires the other components of net periodic benefit cost to be presented separately from the service cost component, in a caption outside of a subtotal of income from operations. Additionally, the ASU provides that only the service cost component is eligible for capitalization. ASU 2017-07 is effective for interim and annual reporting periods beginning after December 15, 2017, and early adoption is permitted. The standard requires retrospective adoption of the presentation of the components of net periodic benefit costs and prospective application of the capitalization of the service cost component in assets. The Company does not expect this will have a material impact on the consolidated financial statements. Effective in 2019 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) ("ASU 2016-02"). The ASU replaces the prior lease accounting guidance in its entirety. The underlying principle of the new standard is the recognition of lease assets and lease liabilities by lessees for substantially all leases, with an exception for leases with terms of less than twelve months. The standard also requires additional quantitative and qualitative disclosures. ASU 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The standard requires a modified retrospective approach, which includes several optional practical expedients. The Company does not intend to early adopt the standard. The Company has assembled a project management team and is in the early stages of evaluating the impact that ASU 2016-02 will have on the Company's consolidated financial statements. However, the Company anticipates the impact of ASU 2016-02 will be significant to its Consolidated Balance Sheet due to the amount of the Company's lease commitments. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities ("ASU 2017-12"). The objective of the ASU is to improve the financial reporting of hedging relationships in order to better portray the economic results of an entity’s risk management activities in its financial statements and to make certain targeted improvements to simplify the application of hedge accounting guidance. ASU 2017-12 is effective for interim and annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-12 on the Company's consolidated financial statements. RECENTLY ADOPTED PROVISIONS OF U.S. GAAP As of January 1, 2017, the Company adopted ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory ("ASU 2015-11") . ASU 2015-11 requires inventories measured under any methods other than last-in, first-out ("LIFO") or the retail inventory method to be subsequently measured at the lower of cost or net realizable value, rather than at the lower of cost or market. Subsequent measurement of inventory using LIFO or the retail inventory method is unchanged by ASU 2015-11. The adoption of ASU 2015-11 did not have a material impact on the Company's consolidated financial statements. As of January 1, 2017, the Company adopted ASU 2016-09, which is part of the FASB's simplification initiative. The new standard provides for changes to accounting for stock compensation including 1) excess tax benefits and tax deficiencies related to share based payment awards will be recognized as income tax benefit or expense in the reporting period in which they occur; 2) excess tax benefits will be classified as an operating activity in the statement of cash flow; 3) the option to elect to estimate forfeitures or account for them when they occur; and 4) an increase in the tax withholding requirements threshold to qualify for equity classification. Beginning in 2017, the primary impact of adoption was the recognition of excess tax benefits for our stock awards in the provision for income taxes rather than additional paid-in capital. Additional amendments to the accounting for income taxes and minimum statutory withholding tax requirements had no impact to retained earnings. The Company elected to continue to estimate forfeitures expected to occur to determine the amount of compensation cost to be recognized in each period. Adoption of the new standard resulted in the recognition of excess tax benefits in our provision for income taxes rather than paid-in capital of $19 million for the nine months ended September 30, 2017 . There was no impact to our provision for income taxes for the three months ended September 30, 2017 . The presentation of excess tax benefits on stock-based compensation was adjusted retrospectively within the unaudited Condensed Consolidated Statements of Cash Flows, resulting in a $22 million increase in net cash provided by operating activities for the nine months ended September 30, 2016 , with a corresponding increase to net cash used in financing activities. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact to any of the periods presented on the unaudited Condensed Consolidated Statements of Cash Flows as the Company has historically presented them as a financing activity. As of January 1, 2017, the Company early adopted ASU No. 2016-18, Statement of Cash Flows (Topic 230), Restricted Cash ("ASU 2016-18"), which requires amounts generally described as restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning and ending amounts shown on the statement of cash flows. The Company elected to early adopt the provisions of ASU 2016-18 as of January 1, 2017 and has revised its unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2017 and 2016 to reflect amounts described as restricted cash and restricted cash equivalents included with cash and cash equivalents in the reconciliation of beginning of period and end of period total amounts shown on the unaudited Condensed Consolidated Statements of Cash Flow. The adoption had no impact on amounts presented in the unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2016 . Refer to Note 15 for the reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents as presented on the unaudited Condensed Consolidated Balance Sheets to the amounts as shown on the unaudited Condensed Consolidated Statements of Cash Flows.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions BAI BRANDS MERGER Description of the Transaction On November 21, 2016, we entered into an Agreement and Plan of Merger (the "Merger Agreement") with Bai Brands LLC ("Bai Brands"), pursuant to which we agreed to acquire Bai Brands for a cash purchase price of $1.7 billion , subject to certain adjustments in the Merger Agreement (the "Bai Brands Merger"). The acquisition of Bai Brands will further enable the Company to meet growing consumer demand for better-for-you beverages, as Bai Brands is positioned for expanding growth in key beverage segments. On January 31, 2017 , the Company funded the Bai Brands Merger with the net proceeds from the senior unsecured notes issued in December 2016 and cash on hand. In order to complete the Bai Brands Merger, the Company paid $1,548 million , net of the Company's previous ownership interest, in exchange for the remaining ownership interests and seller transaction costs. Additionally, $103 million was held back and placed in escrow. As a result of the Bai Brands Merger, our existing 2.63% equity interest in Bai Brands was remeasured to fair value of $43 million , which resulted in a gain of $28 million that was recognized in the first quarter of 2017 and included in other operating income, net. Two transactions related to the Bai Brands Merger were recognized separately from the acquisition of assets and assumptions of liabilities of Bai Brands: • The Company paid certain seller transaction costs, which included $2 million to reimburse Bai Brands for payments made on behalf of the Company for buyer acquisition-related costs, which were recorded as selling, general and administrative ("SG&A") expenses. The remainder of the seller transaction costs paid by the Company were accounted for by the Company as part of the consideration transferred. • Bai Brands had an executory contract as of January 31, 2017 , which compensated certain counterparties with Profit Interest Units from Bai Brands (the “Predecessor PIUs”). The Predecessor PIUs were based upon the counterparties completing service requirements and various performance criteria. As a result of the Bai Brands Merger, these Predecessor PIUs have fully vested and were converted into cash as of January 31, 2017 based upon the consideration paid by the Company to acquire Bai Brands. The cash was placed in escrow and will be released from escrow to the counterparties on certain anniversary dates as long as the counterparties are not in breach of the executory contract. Although none of the costs of these benefits have been paid by the Company, DPS will record SG&A expenses for the deferred compensation amounts payable to these counterparties by Bai Brands. For the three and nine months ended September 30, 2017 , the Company recognized approximately $2 million and $4 million , respectively, of compensation expense related to performance on the executory contract. As of September 30, 2017 , the total unrecognized compensation cost is $9 million and the period over which these costs are expected to be recognized is 12 months . The Company’s preliminary purchase price, as of September 30, 2017, was $1,639 million , net of the Company's previous ownership interest. The components of the preliminary purchase price are presented below: (in millions) Preliminary Purchase Price Cash paid to consummate Bai Brands Merger, net of the Company's previous ownership interest $ 1,553 Remaining holdback placed in escrow 88 Less: Seller transaction costs reimbursed to Bai Brands for payments made on behalf of the Company for its acquisition-related costs (2 ) Preliminary Purchase Price - Bai Brands (1) $ 1,639 ___________________________ (1) The preliminary purchase price excludes the impact of the Company's pre-existing ownership interest. Acquisition and integration-related expenses of $1 million and $21 million , respectively, were recognized during the three and nine months ended September 30, 2017 , and were included in SG&A expenses. Escrow/Holdback Liability The $88 million holdback placed in escrow, as of September 30, 2017 , is made up of two components: • Initially, $90 million was held in escrow to secure indemnification obligations of the sellers relating to the accuracy of representations and warranties and a working capital adjustment. A working capital adjustment of $11 million , which represents the majority of the working capital adjustment with the exception of one matter, has been agreed upon with the former shareholders of Bai Brands. The Company is in the process of bringing the one remaining matter related to the working capital adjustment to arbitration under the terms of the Merger Agreement. The $11 million agreed-upon working capital adjustment will be released back to the Company from escrow upon completion of the arbitration proceeding. As of January 31, 2018, $69 million less any working capital adjustment related to the one matter in arbitration is scheduled to be released. The remaining $10 million , net of any claims, will be released approximately 4 years after the acquisition date, subject to certain administrative conditions, and • $9 million of unrecognized compensation associated with the Predecessor PIUs related to the performance of certain counterparties, which will be held in escrow and released over the next 12 months . The acquisition consideration held in escrow does not meet the definition of contingent consideration as provided under U.S. GAAP. The amount held in escrow was included in the preliminary purchase price as representations and warranties were expected to be valid as of the acquisition date. The escrow is included in restricted cash along with a corresponding amount in the liability section of the unaudited Condensed Consolidated Balance Sheets, which is allocated between other current liabilities and other non-current liabilities. Refer to Note 15 for additional information on location of the restricted cash on the unaudited Condensed Consolidated Balance Sheets. Preliminary Purchase Price Allocation The following table summarizes the preliminary allocation, as of September 30, 2017, of the fair value of the assets acquired and liabilities assumed by major class for the Bai Brands Merger: (in millions) Fair Value Useful Life Property, plant & equipment $ 4 5 - 10 years Customer relationships 30 7 years Non-compete agreements 22 2 - 4 years Brands 1,073 Indefinite Goodwill 563 Indefinite Assumed liabilities, net of acquired assets (13 ) N/A Total $ 1,679 The acquisition was accounted for as a business combination, and the identifiable assets acquired and liabilities assumed were recorded at their estimated fair values at the date of acquisition. We have completed our preliminary valuation to determine the fair value of the identifiable assets acquired and liabilities assumed. The fair values of the assets acquired were determined using various valuation techniques, including an income approach. The fair value measurements were primarily based on significant inputs that are not directly observable in the market and are considered Level 3 under the fair value measurements and disclosure framework. Key assumptions include cash flow projections of Bai Brands and the discount rate applied to those cash flows. The excess of the purchase price over the estimated fair values was recorded as goodwill. In connection with this acquisition, the Company has now recorded goodwill of $563 million , which is deductible for tax purposes. The goodwill recognized was attributable to certain tax benefits the Company will realize over time, Bai Brands' management team and growth opportunities in a “better-for-you” beverage segment. The Company recorded $32 million for the fair value of contingent liabilities assumed upon acquisition primarily related to existing manufacturing contracts. The fair value of the contingent liabilities was determined using discounted cash flows on expected future payments related to these contracts. The contingent liabilities will be evaluated each reporting period based on events and circumstances which may impact future payments under these contracts, and any changes in fair value will be recorded in the Company's unaudited Condensed Consolidated Statements of Income. Pro Forma Information The Company’s acquisition of Bai Brands is strategically significant to the future growth prospects of the Company; however at the time of the acquisition, the historical results of Bai Brands were immaterial to the Company’s consolidated financial results. Assuming the results of Bai Brands had been included in operations beginning on January 1, 2016, the estimated pro forma net operating revenues of the Company for the three and nine months ended September 30, 2017 would have been approximately $1,740 million and $5,049 million , respectively, and for the three and nine months ended September 30, 2016 would have been approximately $1,695 million and $4,902 million , respectively. The estimated pro forma net income, which includes the alignment of accounting policies, the effect of fair value adjustments related to the Bai Brands Merger, the associated tax effects and the impact of the additional debt to finance the Bai Brands Merger, for the three and nine months ended September 30, 2017 would have been approximately $200 million and $552 million , respectively, and for the three and nine months ended September 30, 2016 would have been approximately $227 million and $642 million , respectively. This estimated pro forma information is not necessarily indicative of the results that actually would have occurred had the Bai Brands Merger been completed on the date indicated or the future operating results. Actual Results of Bai Brands For the periods subsequent to the acquisition date that are included in the three and nine months ended September 30, 2017 , Bai Brands had net sales of $77 million and $182 million , respectively, and net loss of $2 million and $13 million , respectively. These results do not reflect the consolidation impact of the Company's acquisition of Bai Brands. The following table reconciles the net sales and net loss of Bai Brands since the acquisition date to the impact of Bai Brands to the Company's consolidated results of operations: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2017 Net sales - Bai Brands $ 77 $ 182 Intercompany sales to Packaged Beverages Excluding Bai (56 ) (131 ) Incremental impact to consolidated net sales $ 21 $ 51 For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2017 Net loss - Bai Brands $ (2 ) $ (13 ) Impact of intercompany activity with Packaged Beverages Excluding Bai (1) (2 ) (9 ) Incremental impact to consolidated net income $ (4 ) $ (22 ) ___________________________ (1) Impact of intercompany activity includes the elimination of intercompany net sales and the deferral of gross profit recognition on shipments of product still in Packaged Beverages Excluding Bai inventory for the three and nine months ended September 30, 2017 , net of tax.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: September 30, December 31, (in millions) 2017 2016 Raw materials $ 81 $ 77 Spare parts 23 22 Work in process 7 5 Finished goods 185 130 Inventories at first in first out cost 296 234 Reduction to LIFO cost (35 ) (32 ) Inventories $ 261 $ 202 Approximately $205 million and $158 million of the Company 's inventory was accounted for under the LIFO method of accounting as of September 30, 2017 and December 31, 2016 , respectively. The reduction to LIFO cost reflects the excess of the current cost of LIFO inventories as of September 30, 2017 and December 31, 2016 , over the amount at which these inventories were valued on the unaudited Condensed Consolidated Balance Sheets. For the three and nine months ended September 30, 2017 , there was no LIFO inventory liquidation. For the three and nine months ended September 30, 2016 , LIFO inventory liquidation increased the Company's gross profit by $3 million and $5 million , respectively.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets and Other Current Liabilities	9 Months Ended
	Sep. 30, 2017
Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]
Prepaid expenses and other current assets and other current liabilities	Prepaid Expenses and Other Current Assets and Other Current Liabilities The table below details the components of prepaid expenses and other current assets and other current liabilities: September 30, December 31, (in millions) 2017 2016 Prepaid expenses and other current assets: Customer incentive programs $ 50 $ 24 Derivative instruments 21 19 Prepaid income taxes 14 18 Current assets held for sale — 1 Other 59 39 Total prepaid expenses and other current assets $ 144 $ 101 Other current liabilities: Customer rebates and incentives $ 308 $ 280 Accrued compensation 113 134 Insurance liability 38 36 Interest accrual 45 24 Dividends payable 106 97 Derivative instruments 7 2 Holdback liability to former Bai Brands shareholders (1) 78 — Other 121 97 Total other current liabilities $ 816 $ 670 ____________________________ (1) Refer to Note 2 for additional information on holdback liability to former Bai Brands shareholders as of September 30, 2017 .

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets GOODWILL Changes in the carrying amount of goodwill by reporting unit are as follows: (in millions) Beverage Concentrates WD Reporting Unit (1) DSD Reporting Unit (1) Bai Latin America Beverages Total Balance as of January 1, 2016 Goodwill $ 1,733 $ 1,222 $ 189 $ — $ 24 $ 3,168 Accumulated impairment losses — — (180 ) — — (180 ) 1,733 1,222 9 — 24 2,988 Foreign currency impact — — — — (3 ) (3 ) Acquisition activity (2) — — — — 8 8 Balance as of December 31, 2016 Goodwill 1,733 1,222 189 — 29 3,173 Accumulated impairment losses — — (180 ) — — (180 ) 1,733 1,222 9 — 29 2,993 Foreign currency impact — — — — 3 3 Acquisition activity (3) — — — 563 — 563 Balance as of September 30, 2017 Goodwill 1,733 1,222 189 563 32 3,739 Accumulated impairment losses — — (180 ) — — (180 ) $ 1,733 $ 1,222 $ 9 $ 563 $ 32 $ 3,559 ____________________________ (1) The Packaged Beverages Excluding Bai operating segment is comprised of two reporting units, the Direct Store Delivery (" DSD ") system and the Warehouse Direct (" WD ") system. (2) Goodwill was recorded to the Latin America Beverages reporting unit during 2016 as a result of the step acquisition of Industria Embotelladora de Bebidas Mexicanas and Embotelladora Mexicana de Agua, S.A. de C.V. (3) Goodwill was recorded to Bai during the nine months ended September 30, 2017 as a result of the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger. INTANGIBLE ASSETS OTHER THAN GOODWILL The net carrying amounts of intangible assets other than goodwill are as follows: September 30, 2017 December 31, 2016 Gross Accumulated Net Gross Accumulated Net (in millions) Amount Amortization Amount Amount Amortization Amount Intangible assets with indefinite lives: Brands (1) $ 3,699 $ — $ 3,699 $ 2,621 $ — $ 2,621 Distribution rights (2) 32 — 32 27 — 27 Intangible assets with definite lives: Customer relationships (1) 106 (78 ) 28 76 (76 ) — Non-compete agreements (1) 22 (1 ) 21 — — — Distribution rights 16 (10 ) 6 16 (8 ) 8 Brands 29 (29 ) — 29 (29 ) — Bottler agreements 19 (19 ) — 19 (19 ) — Total $ 3,923 $ (137 ) $ 3,786 $ 2,788 $ (132 ) $ 2,656 ____________________________ (1) As a result of the Bai Brands Merger, the Company recorded indefinite lived brand assets of $1,073 million and definite lived non-compete agreements and customer relationships of $22 million and $30 million , respectively. Refer to Note 2 for additional information . The remaining $5 million increase in brands with indefinite lives is due to foreign currency translation. (2) In 2017, the Company reacquired certain indefinite lived distribution rights for $5 million . As of September 30, 2017 , the weighted average useful lives of intangible assets with definite lives are as follows: Weighted Average Useful Life Customer relationships 7 years Non-compete agreements 4 years Distribution rights 9 years Total intangible assets with definite lives 6 years Amortization expense for intangible assets with definite lives for the three and nine months ended September 30, 2017 and 2016 was as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Amortization expense for intangible assets with definite lives $ 2 $ 1 $ 5 $ 3 Amortization expense of these intangible assets over the remainder of 2017 and the next four years is expected to be the following: Year Aggregate Amortization Expense (in millions) October 1, 2017 through December 31, 2017 $ 1 2018 16 2019 13 2020 9 2021 6 IMPAIRMENT TESTING The Company conducts impairment tests on goodwill and all indefinite lived intangible assets annually or more frequently if circumstances indicate that the carrying amount of an asset may not be recoverable. DPS did not identify any circumstances that indicated that the carrying amount of any goodwill or any indefinite lived intangible asset may not be recoverable as of September 30, 2017 .

Debt

Debt	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Debt	Debt The following table summarizes the Company 's long-term obligations: September 30, December 31, (in millions) 2017 2016 Senior unsecured notes $ 4,239 $ 4,325 Capital lease obligations 172 153 Subtotal 4,411 4,478 Less - current portion (12 ) (10 ) Long-term obligations $ 4,399 $ 4,468 The following table summarizes the Company 's short-term borrowings and current portion of long-term obligations: September 30, December 31, (in millions) 2017 2016 Commercial paper $ 70 $ — Current portion of long-term obligations: Capital lease obligations 12 10 Short-term borrowings and current portion of long-term obligations $ 82 $ 10 SENIOR UNSECURED NOTES The Company 's senior unsecured notes consisted of the following: (in millions) Principal Amount Carrying Amount September 30, September 30, December 31, Issuance Maturity Date Rate 2017 2017 2016 2018 Notes May 1, 2018 6.82% — — 364 2019 Notes January 15, 2019 2.60% 250 250 249 2020 Notes January 15, 2020 2.00% 250 247 247 2021-A Notes November 15, 2021 3.20% 250 250 249 2021-B Notes November 15, 2021 2.53% 250 247 246 2022 Notes November 15, 2022 2.70% 250 269 273 2023 Notes December 15, 2023 3.13% 500 496 495 2025 Notes November 15, 2025 3.40% 500 495 495 2026 Notes September 15, 2026 2.55% 400 397 396 2027 Notes June 15, 2027 3.43% 500 498 397 2038 Notes May 1, 2038 7.45% 125 135 270 2045 Notes November 15, 2045 4.50% 550 558 247 2046 Notes December 15, 2046 4.42% 400 397 397 $ 4,225 $ 4,239 $ 4,325 The 2027 and 2045 Notes In June 2017, the Company issued $400 million of senior unsecured notes, consisting of $100 million aggregate principal amount of 2027 Notes and $300 million aggregate principal amount of 2045 Notes in a private offering under Rule 144A under the Securities Act of 1933, as amended. The 2027 Notes and 2045 Notes have substantially identical terms, other than with respect to transfer restrictions and registration rights, as the previously issued 2027 Notes and 2045 Notes . The premium associated with these notes was approximately $16 million . Debt issuance costs related to the issuance of these notes were approximately $4 million . A portion of the proceeds from the issuance of the 2027 Notes and 2045 Notes was used to complete the June 2017 tender offer described below. The 2018 and 2038 Notes In June 2017, the Company completed a tender offer for a portion of its 2018 Notes and its 2038 Notes . As a result of these transactions, the Company retired, at a premium, an aggregate principal amount of approximately $63 million of the 2018 Notes and approximately $125 million of the 2038 Notes . The loss on early extinguishment of the 2018 Notes and the 2038 Notes was approximately $49 million , comprised of $62 million for the tender offer consideration, the early tender premium and write off of deferred financing costs, partially offset by a $13 million gain on the termination of interest rate swap related to the 2038 Notes . Refer to Note 7 for additional information on the termination of the interest rate swap. In July 2017, the Company used a combination of the remaining proceeds from the June 2017 issuance of 2027 Notes and 2045 Notes and commercial paper to redeem the remainder of its 2018 Notes and retired, at a premium, an aggregate principal amount of approximately $301 million , which resulted in a loss on early extinguishment of the 2018 Notes of approximately $13 million . UNSECURED CREDIT AGREEMENT In March 2017, the Company entered into a new five-year unsecured credit agreement (the "Credit Agreement"), which provides for a $500 million revolving line of credit (the "Revolver"). This Credit Agreement and Revolver fully replaced the Company's previous unsecured credit agreement and revolving line of credit, which was due to expire on September 25, 2017 and was terminated on March 16, 2017. There were no principal borrowings outstanding under the previous unsecured credit agreement upon termination. The Company incurred debt issuance costs of approximately $1 million in connection with the Credit Agreement during the nine months ended September 30, 2017 . Borrowings under the Revolver bear interest at a floating rate per annum based upon the alternate base rate ("ABR") or the Eurodollar rate, in each case plus an applicable margin which varies based upon the Company's debt ratings. Rates range from 0.000% to 0.300% for the ABR loans and from 0.805% to 1.300% for Eurodollar loans. The ABR is defined as the greater of (a) JPMorgan Chase Bank's prime rate, (b) the Federal Reserve Bank of New York ("NYFRB") rate, as defined below, plus 0.500% and (c) the Adjusted LIBOR, as defined below, for a one month interest period plus 1.00% . The NYFRB rate is the greater of (a) the federal funds effective rate or (b) the overnight bank funding rate. The Adjusted LIBOR is the London interbank offered rate for dollars, adjusted for a statutory reserve rate set by the Board of Governors of the Federal Reserve System of the United States of America. Additionally, the Revolver is available for the issuance of letters of credit, not to exceed $75 million . Letters of credit will reduce, on a dollar for dollar basis, the amount available under the Revolver. The Credit Agreement further provides that we may request at any time, subject to the satisfaction of certain conditions, that the aggregate commitments under the facility be increased by a total amount not to exceed $250 million . The Credit Agreement 's representations, warranties, covenants and events of default are generally customary for investment grade credit and include a financial covenant that requires the Company to maintain a ratio as provided therein of Consolidated Total Debt to Consolidated EBITDA of no more than 3.50 to 1.00 , tested quarterly. During the twelve month period following a Material Acquisition thereunder, the ratio may increase to no more than 4.00 to 1.00 . Upon the occurrence of an event of default, among other things, amounts outstanding may be accelerated and the commitments may be terminated. The Company's obligations are guaranteed by certain of the Company's direct and indirect domestic subsidiaries. The Credit Agreement has a maturity date of March 16, 2022; however, with the consent of lenders holding more than 50% of the total commitments thereunder and subject to the satisfaction of certain conditions, the Company may extend the maturity date for up to two additional one-year terms. The following table provides amounts utilized and available under our Revolver as of September 30, 2017 : (in millions) Amount Utilized Balances Available Revolver $ — $ 430 Letters of credit — 75 As of September 30, 2017 , the Company was in compliance with all financial covenant requirements relating to the Credit Agreement . LETTERS OF CREDIT FACILITIES In addition to the portion of the Revolver reserved for issuance of letters of credit, the Company has incremental letters of credit facilities. Under these facilities, $120 million is available for the issuance of letters of credit, $60 million of which was utilized as of September 30, 2017 and $60 million of which remains available for use. BRIDGE FINANCING FOR BAI BRANDS MERGER On November 21, 2016, the Company entered into a commitment letter for a 364-day bridge loan facility (the "Bridge Facility") in an aggregate principal amount of up to $1,700 million , in order to ensure that financing would be available for the Bai Brands Merger. On January 31, 2017 , in accordance with its terms, the commitment under the Bridge Facility was automatically terminated upon the Company's funding of the Bai Brands Merger. SHELF REGISTRATION STATEMENT On August 10, 2016, the Company's Board of Directors (the "Board") authorized the Company to issue up to $2,000 million of securities from time to time. Subsequently, the Company filed a "well-known seasoned issuer" shelf registration statement (the "Shelf") with the SEC, effective September 2, 2016, which registered an indeterminate amount of securities for future sales. On September 16, 2016, the Company issued $400 million of 2026 Notes under the Shelf, leaving $1,600 million of securities authorized for issuance under the Shelf. On November 16, 2016, the Board replenished the authorized aggregate amount of securities available to be issued by an additional $400 million , which raised the full authorized amount to $2,000 million . On December 14, 2016, the Company issued an aggregate of $1,550 million of 2021, 2023, 2027 and 2046 Notes. As of September 30, 2017 , $450 million remained authorized to be issued under the Shelf.

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives DPS is exposed to market risks arising from adverse changes in: • interest rates; • foreign exchange rates; and • commodity prices affecting the cost of raw materials and fuels, which are recorded in cost of sales and SG&A expenses, respectively. The Company manages these risks through a variety of strategies, including the use of interest rate contracts, foreign exchange forward contracts, commodity forward and future contracts and supplier pricing agreements. DPS does not hold or issue derivative financial instruments for trading or speculative purposes. The Company formally designates and accounts for certain interest rate contracts and foreign exchange forward contracts that meet established accounting criteria under U.S. GAAP as either fair value or cash flow hedges. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative instruments is recorded, net of applicable taxes, in Accumulated Other Comprehensive Loss (" AOCL "), a component of Stockholders' Equity in the unaudited Condensed Consolidated Balance Sheets. When net income is affected by the variability of the underlying transaction, the applicable offsetting amount of the gain or loss from the derivative instrument deferred in AOCL is reclassified to net income and is reported as a component of the unaudited Condensed Consolidated Statements of Income. For derivative instruments that are designated and qualify as fair value hedges, the effective change in the fair value of the instrument, as well as the offsetting gain or loss on the hedged item attributable to the hedged risk, are recognized immediately in current-period earnings. For derivatives that are not designated or are de-designated as a hedging instrument, the gain or loss on the instrument is recognized in earnings in the period of change. C ash flows from derivative instruments designated in a qualifying hedging relationship are classified in the same category as the cash flows from the hedged items. Certain interest rate contracts qualify for the "shortcut" method of accounting for hedges under U.S. GAAP . Under the shortcut method, the hedges are assumed to be perfectly effective and no ineffectiveness is recorded in earnings. For all other designated hedges, t he Company assesses whether the derivative instrument is effective in offsetting the changes in fair value or variability of cash flows at the inception of the derivative contract. DPS measures hedge ineffectiveness on a quarterly basis throughout the designated period. Changes in the fair value of the derivative instrument that do not effectively offset changes in the fair value of the underlying hedged item throughout the designated hedge period are recorded in earnings each period. If a fair value or cash flow hedge were to cease to qualify for hedge accounting, or were terminated, the derivatives would continue to be carried on the balance sheet at fair value until settled and hedge accounting would be discontinued prospectively. If the underlying hedged transaction ceases to exist, any associated amounts reported in AOCL would be reclassified to earnings at that time. INTEREST RATES Fair Value Hedges The Company is exposed to the risk of changes in the fair value of certain fixed-rate debt attributable to changes in interest rates and manages these risks through the use of receive-fixed, pay-variable interest rate swaps. Any ineffectiveness is recorded as interest during the period incurred. The following table presents information regarding these interest rate swaps and the associated hedging relationships: Impact to the carrying value ($ in millions) Method of of long-term debt Hedging Number of measuring Notional September 30, December 31, Period entered relationship instruments effectiveness value 2017 2016 November 2011 2019 Notes 2 Short cut method $ 100 $ — $ — November 2011 2021-A Notes 2 Short cut method 150 1 — November 2012 2020 Notes 5 Short cut method 120 (2 ) (2 ) December 2016 2021-B Notes 2 Short cut method 250 (2 ) (2 ) December 2016 2023 Notes 2 Short cut method 150 (1 ) (1 ) January 2017 2022 Notes (2) 4 Regression 250 21 24 June 2017 2038 Notes (1) 1 Regression 50 11 22 $ 1,070 $ 28 $ 41 ____________________________ (1) In June 2017, and in connection with the partial redemption of the 2038 Notes, the Company modified and partially terminated the outstanding interest rate swap on the 2038 Notes with a notional amount of $100 million and maturing in May 2038. The modified interest rate swap has identical terms to the original interest rate swap, except for a reduced notional amount of $50 million . The Company received $13 million as settlement for the modification and partial termination of the swap. As a result of this transaction, the Company de-designated the original hedging relationship. Under the original hedging relationship, the Company recorded $26 million as an increase to the carrying value of debt due to changes in the fair market value of the debt, pull to par adjustments and ineffectiveness. The Company recognized a $13 million gain into earnings, which reduced the loss on early extinguishment of debt, as part of the partial redemption of the 2038 Notes. The remaining $13 million increase in the carrying value of the outstanding 2038 Notes will be amortized into earnings over the remaining term of the 2038 Notes. The Company then designated the new interest rate swap contract as a fair value hedge with a notional amount of $50 million and maturing in May 2038 in order to effectively convert a portion of the outstanding 2038 Notes from fixed-rate debt to floating-rate debt. The Company uses regression analysis to assess the prospective and retrospective effectiveness of this hedging relationship. (2) In October 2016, the Company de-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes. The Company will amortize $25 million into earnings over the remaining term of the 2022 Notes which represents the increase to the carrying value of the debt upon de-designation consisting of changes in fair market value of the debt, pull to par adjustments and ineffectiveness recorded under the previous hedging relationship. The Company recorded the change in the fair value of the interest rate swaps after de-designation into interest expense. In January 2017, the Company re-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes, which were de-designated in 2016. The Company uses regression analysis to assess the prospective and retrospective effectiveness of these hedging relationships. FOREIGN EXCHANGE Cash Flow Hedges The Company 's Canadian and Mexican businesses purchase inventory through transactions denominated and settled in United States (" U.S. ") dollars, a currency different from the functional currency of the those businesses. These inventory purchases are subject to exposure from movements in exchange rates. During the three and nine months ended September 30, 2017 and 2016 , the Company utilized foreign exchange forward contracts designated as cash flow hedges to manage the exposures resulting from changes in these foreign currency exchange rates. The intent of these foreign exchange contracts is to provide predictability in the Company 's overall cost structure. These foreign exchange contracts, carried at fair value, have maturities between one and twelve months as of September 30, 2017 . The Company had outstanding foreign exchange forward contracts with notional amounts of $55 million and $7 million as of September 30, 2017 and December 31, 2016 , respectively. COMMODITIES Economic Hedges DPS centrally manages the exposure to volatility in the prices of certain commodities used in its production process and transportation through forward and future contracts. The intent of these contracts is to provide a certain level of predictability in the Company 's overall cost structure. During the three and nine months ended September 30, 2017 and 2016 , the Company held forward and future contracts that economically hedged certain of its risks. In these cases, a natural hedging relationship exists in which changes in the fair value of the instruments act as an economic offset to changes in the fair value of the underlying items. Changes in the fair value of these instruments are recorded in earnings throughout the term of the derivative instrument and are reported in the same line item of the unaudited Condensed Consolidated Statements of Income as the hedged transaction. Unrealized gains and losses are recognized as a component of unallocated corporate costs until the Company 's operating segments are affected by the completion of the underlying transaction, at which time the gain or loss is reflected as a component of the respective segment's operating profit (" SOP "). The total notional values of derivatives related to economic hedges of this type were $221 million and $296 million as of September 30, 2017 and December 31, 2016 , respectively. FAIR VALUE OF DERIVATIVE INSTRUMENTS The following table summarizes the location of the fair value of the Company 's derivative instruments within the unaudited Condensed Consolidated Balance Sheets: (in millions) Balance Sheet Location September 30, December 31, Assets: Derivative instruments designated as hedging instruments under U.S. GAAP: Interest rate contracts Prepaid expenses and other current assets $ 2 $ 6 Interest rate contracts Other non-current assets 21 21 Derivative instruments not designated as hedging instruments under U.S. GAAP: Interest rate contracts Prepaid expenses and other current assets — 4 Commodity contracts Prepaid expenses and other current assets 19 9 Interest rate contracts Other non-current assets — 8 Commodity contracts Other non-current assets 14 12 Total assets $ 56 $ 60 Liabilities: Derivative instruments designated as hedging instruments under U.S. GAAP: Interest rate contracts Other current liabilities $ 4 $ 1 Foreign exchange forward contracts Other current liabilities 3 — Interest rate contracts Other non-current liabilities 1 7 Derivative instruments not designated as hedging instruments under U.S. GAAP: Commodity contracts Other current liabilities — 1 Commodity contracts Other non-current liabilities 2 — Total liabilities $ 10 $ 9 IMPACT OF CASH FLOW HEDGES The following table presents the impact of derivative instruments designated as cash flow hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income and Comprehensive Income: Amount of Loss Recognized in Amount of Loss Reclassified from AOCL into Income Location of Loss Reclassified from AOCL into Income (in millions) Other Comprehensive Loss ("OCI") For the three months ended September 30, 2017: Interest rate contracts $ — $ (2 ) Interest expense Foreign exchange forward contracts — (3 ) Cost of sales Total $ — $ (5 ) For the nine months ended September 30, 2017: Interest rate contracts $ — $ (6 ) Interest expense Foreign exchange forward contracts (10 ) (7 ) Cost of sales Total $ (10 ) $ (13 ) For the three months ended September 30, 2016: Interest rate contracts $ — $ (2 ) Interest expense Foreign exchange forward contracts — — Cost of sales Total $ — $ (2 ) For the nine months ended September 30, 2016: Interest rate contracts $ — $ (6 ) Interest expense Foreign exchange forward contracts (1 ) (1 ) Cost of sales Total $ (1 ) $ (7 ) There was no hedge ineffectiveness recognized in earnings for the three and nine months ended September 30, 2017 and 2016 with respect to derivative instruments designated as cash flow hedges. During the next 12 months, the Company expects to reclassify pre-tax net losses of $12 million from AOCL into net income. IMPACT OF FAIR VALUE HEDGES The following table presents the impact of derivative instruments designated as fair value hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income: Amount of Gain Location of Gain (in millions) Recognized in Income Recognized in Income For the three months ended September 30, 2017: Interest rate contracts $ 3 Interest expense Interest rate contracts — Loss on early extinguishment of debt Total $ 3 For the nine months ended September 30, 2017: Interest rate contracts $ 10 Interest expense Interest rate contracts 13 Loss on early extinguishment of debt Total $ 23 For the three months ended September 30, 2016: Interest rate contracts $ 1 Interest expense Total $ 1 For the nine months ended September 30, 2016: Interest rate contracts $ 8 Interest expense Total $ 8 For the three months ended September 30, 2017 and 2016 , no hedge ineffectiveness was recognized in earnings with respect to derivative instruments designated as fair value hedges for each period. For the nine months ended September 30, 2017 and 2016 , $1 million and $2 million , respectively, of hedge ineffectiveness charges were recognized in earnings with respect to derivative instruments designated as fair value hedges. IMPACT OF ECONOMIC HEDGES The following table presents the impact of derivative instruments not designated as hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income: Amount of Gain (Loss) Location of Gain (Loss) (in millions) Recognized in Income Recognized in Income For the three months ended September 30, 2017: Commodity contracts (1) $ 11 Cost of sales Commodity contracts (1) 11 SG&A expenses Total $ 22 For the nine months ended September 30, 2017: Commodity contracts (1) $ 28 Cost of sales Commodity contracts (1) (8 ) SG&A expenses Interest rate contracts (2) 1 Interest expense Total $ 21 For the three months ended September 30, 2016: Commodity contracts (1) $ 2 Cost of sales Commodity contracts (1) 1 SG&A expenses Total $ 3 For the nine months ended September 30, 2016: Commodity contracts (1) $ 11 Cost of sales Commodity contracts (1) 9 SG&A expenses Total $ 20 ____________________________ (1) Commodity contracts include both realized and unrealized gains and losses. (2) Represents gains on the interest rate contracts related to the 2022 Notes prior to re-designation of hedging relationship in January 2017. Refer to Note 11 for additional information on the valuation of derivative instruments. The Company has exposure to credit losses from derivative instruments in an asset position in the event of nonperformance by the counterparties to the agreements. Historically, DPS has not experienced credit losses as a result of counterparty nonperformance. The Company selects and periodically reviews counterparties based on credit ratings, limits its exposure to a single counterparty under defined guidelines and monitors the market position of the programs upon execution of a hedging transaction and at least on a quarterly basis.

Other Non-Current Assets and Ot

Other Non-Current Assets and Other Non-Current Liabilities	9 Months Ended
	Sep. 30, 2017
Other Non-Current Assets and Other Non-Current Liabilities [Abstract]
Other Non-Current Assets and Other Non-Current Liabilities	Other Non-Current Assets and Other Non-Current Liabilities The table below details the components of other non-current assets and other non-current liabilities: September 30, December 31, (in millions) 2017 2016 Other non-current assets: Customer incentive programs $ 80 $ 57 Marketable securities - trading 46 35 Derivative instruments 35 41 Cost method investments (1) 1 16 Non-current restricted cash and restricted cash equivalents (2) 10 — Other 43 34 Total other non-current assets $ 215 $ 183 Other non-current liabilities: Long-term payables due to Mondelēz International, Inc. $ 17 $ 21 Long-term pension and post-retirement liability (3) 18 41 Insurance liability 59 67 Derivative instruments 3 7 Deferred compensation liability 46 35 Holdback liability to former Bai Brands shareholders (2) 10 — Acquired contingent liabilities (2) 21 — Other 30 38 Total other non-current liabilities $ 204 $ 209 ____________________________ (1) Decrease in cost method investments resulted from our consummation of the Bai Brands Merger, as we had a cost method investment in Bai Brands as of December 31, 2016 . Refer to Note 2 for additional information regarding the Bai Brands Merger and treatment of our previously held interest in Bai Brands. (2) Refer to Note 2 for additional information on non-current restricted cash and restricted cash equivalents, the corresponding holdback liability to former Bai Brands shareholders, and the acquired contingent liabilities, as of September 30, 2017 . (3) Refer to Note 10 for additional information regarding the remeasurement of one of the U.S. defined benefit pension plans as of September 30, 2017.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rates for the three months ended September 30, 2017 and 2016 were 36.0% and 29.7% , respectively. The effective tax rates for the nine months ended September 30, 2017 and 2016 were 32.9% and 33.4% , respectively. For the nine months ended September 30, 2017 , the provision for income taxes included an income tax benefit of $5 million due primarily to an agreement for an improved filing group with a state taxing authority and $19 million due to the adoption of ASU 2016-09. Refer to Note 1 for additional information . For the three and nine months ended September 30, 2016, the provision for income taxes included an income tax benefit of $17 million driven primarily by a restructuring of the ownership of our Canadian business.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2017
Retirement Benefits, Description [Abstract]
Employee Benefit Plans	Employee Benefit Plans During the nine months ended September 30, 2017 , the Company made lump sum payments to participants of one U.S. defined benefit pension plan which exceeded the estimated annual interest and service costs of that plan. As a result, a non-cash settlement charge of $1 million was recognized during the three and nine months ended September 30, 2017 . The Company then remeasured the U.S. defined benefit pension plan as of September 30, 2017, which resulted in a decrease to the obligation of approximately $26 million driven primarily by the increased contributions discussed below and a reduction in the number of participants, partially offset by a decrease in the discount rate. Discount rates were 3.90% and 4.25% as of September 30, 2017 and December 31, 2016 , respectively. Additionally, the Company made the following contributions to its pension plans: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Employer contributions to funded U.S. pension plans $ 22 $ 7 $ 22 $ 7

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2017
Fair Value [Abstract]
Fair Value of Financial Instruments	Fair Value Under U.S. GAAP , fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. U.S. GAAP provides a framework for measuring fair value and establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. The three-level hierarchy for disclosure of fair value measurements is as follows: Level 1 - Quoted market prices in active markets for identical assets or liabilities. Level 2 - Observable inputs such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3 - Valuations with one or more unobservable significant inputs that reflect the reporting entity's own assumptions. RECURRING FAIR VALUE MEASUREMENTS The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016 : September 30, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (in millions) Level 1 Level 2 Level 3 Commodity contracts $ — $ 33 $ — Interest rate contracts — 23 — Marketable securities - trading 46 — — Total assets $ 46 $ 56 $ — Commodity contracts $ — $ 2 $ — Interest rate contracts — 5 — Foreign exchange forward contracts — 3 — Total liabilities $ — $ 10 $ — December 31, 2016 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (in millions) Level 1 Level 2 Level 3 Commodity contracts $ — $ 21 $ — Interest rate contracts — 39 — Marketable securities - trading 35 — — Total assets $ 35 $ 60 $ — Commodity contracts $ — $ 1 $ — Interest rate contracts — 8 — Foreign exchange forward contracts — — — Total liabilities $ — $ 9 $ — The fair values of marketable securities are determined using quoted market prices from daily exchange traded markets based on the closing price as of the balance sheet date and are classified as Level 1. The fair values of commodity forward and future contracts, interest rate swap contracts and foreign currency forward contracts are determined based on inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. The fair value of commodity forward and future contracts are valued using the market approach based on observable market transactions, primarily underlying commodities futures or physical index prices, at the balance sheet date. Interest rate swap contracts are valued using models based primarily on readily observable market parameters, such as London Interbank Offered Rate forward rates, for all substantial terms of the Company 's contracts and credit risk of the counterparties. The fair value of foreign currency forward contracts are valued using quoted forward foreign exchange prices at the reporting date. Therefore, the Company has categorized these contracts as Level 2. As of September 30, 2017 and December 31, 2016 , the Company did not have any assets or liabilities measured on a recurring basis without observable market values that would require a high level of judgment to determine fair value (Level 3). There were no transfers of financial instruments between the three levels of the fair value hierarchy during the nine months ended September 30, 2017 and 2016 . ESTIMATED FAIR VALUE OF THE COMPANY'S FINANCIAL INSTRUMENTS The carrying values and estimated fair values of the Company 's financial instruments that are not required to be measured at fair value in the unaudited Condensed Consolidated Balance Sheet are as follows: Fair Value Hierarchy Level September 30, 2017 December 31, 2016 (in millions) Carrying Amount Fair Value Carrying Amount Fair Value Assets: Cash and cash equivalents (1) 1 $ 66 $ 66 $ 1,787 $ 1,787 Restricted cash and restricted cash equivalents (1) 1 99 99 — — Liabilities: Commercial Paper 2 70 70 — — Long-term debt – 2018 Notes (2) 2 — — 364 389 Long-term debt – 2019 Notes (2) 2 250 252 249 254 Long-term debt – 2020 Notes (2) 2 247 249 247 248 Long-term debt – 2021-A Notes (2) 2 250 257 249 256 Long-term debt – 2021-B Notes (2) 2 247 251 246 248 Long-term debt – 2022 Notes (2) 2 269 251 273 247 Long-term debt – 2023 Notes (2) 2 496 509 495 500 Long-term debt – 2025 Notes (2) 2 495 508 495 498 Long-term debt – 2026 Notes (2) 2 397 376 396 370 Long-term debt – 2027 Notes (2) 2 498 504 397 398 Long-term debt – 2038 Notes (2) 2 135 175 270 347 Long-term debt – 2045 Notes (2) 2 558 582 247 253 Long-term debt – 2046 Notes (2) 2 397 420 397 407 ____________________________ (1) Cash equivalents and restricted cash equivalents are composed of certificates of deposit, money market funds, time deposits and other interest-bearing investments with original maturity dates of three months or less. Cash equivalents and restricted cash equivalents are recorded at cost, which approximates fair value. (2) The fair value amounts of long term debt were based on current market rates available to the Company . The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all debt and related unamortized costs to be incurred at such date. The carrying amount includes the unamortized premium or discounts and issuance costs on the issuance of debt and impact of interest rate swaps designated as fair value hedges and other hedge related adjustments. Refer to Note 7 for additional information regarding the notes subject to fair value hedges.

Stock Based Compensation

Stock Based Compensation	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company 's Omnibus Stock Incentive Plan of 2009 ( " DPS Stock Plan ") provides for various long-term incentive awards, including stock options, restricted stock units (" RSU s") and performance share units (" PSU s"). Stock-based compensation expense is recorded in SG&A expenses in the unaudited Condensed Consolidated Statements of Income. The components of stock-based compensation expense are presented below: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Total stock-based compensation expense $ 10 $ 11 $ 26 $ 33 Income tax benefit recognized in the Statements of Income (4 ) (4 ) (9 ) (12 ) Stock-based compensation expense, net of tax $ 6 $ 7 $ 17 $ 21 STOCK OPTIONS The table below summarizes stock option activity for the nine months ended September 30, 2017 : Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 1,342,921 $ 70.83 7.93 $ 27 Granted 423,745 94.62 Exercised (376,846 ) 53.16 16 Forfeited or expired (14,427 ) 90.18 Outstanding as of September 30, 2017 1,375,393 82.80 8.11 12 Exercisable as of September 30, 2017 559,491 70.53 7.16 10 As of September 30, 2017 , there was $6 million of unrecognized compensation cost related to unvested stock options granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.09 years . RESTRICTED STOCK UNITS The table below summarizes RSU activity for the nine months ended September 30, 2017 . The fair value of RSU s is determined based on the number of units granted and the grant date price of the Company's common stock. RSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 1,218,244 $ 71.08 0.80 $ 110 Granted 407,180 94.46 Vested and released (616,647 ) 58.05 58 Forfeited (48,320 ) 89.89 Outstanding as of September 30, 2017 960,457 88.41 1.06 85 As of September 30, 2017 , there was $47 million of unrecognized compensation cost related to unvested RSU s granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.04 years . During the nine months ended September 30, 2017 , 616,647 shares subject to previously granted RSU s vested. A majority of these vested RSU s were net share settled. The Company withheld 194,173 shares based upon the Company's closing stock price on the vesting date to settle the employees' minimum statutory obligation for applicable income and other employment taxes. Subsequently, the Company remitted the required funds to the appropriate taxing authorities. Total payments for the employees' tax obligations to the relevant taxing authorities were $20 million and $19 million for the nine months ended September 30, 2017 and 2016 , respectively, and are reflected as a financing activity within the unaudited Condensed Consolidated Statements of Cash Flows. These payments were used for tax withholdings related to the net share settlements of RSU s and dividend equivalent units (" DEUs "). These payments had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued on the vesting date and were recorded as a reduction of equity. PERFORMANCE SHARE UNITS The table below summarizes PSU activity for the nine months ended September 30, 2017 . The fair value of PSU s is determined based on the number of units granted and the grant date price of the Company's common stock. PSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 374,618 $ 64.86 0.89 $ 34 Granted 119,879 93.28 Performance adjustment (1) 146,807 76.17 Vested and released (296,821 ) 51.78 28 Forfeited (13,223 ) 80.07 Outstanding as of September 30, 2017 331,260 55.69 1.24 29 ____________________________ (1) For PSU s which vested during the nine months ended September 30, 2017 , the Company awarded additional PSU s, as actual results measured at the end of the performance period exceeded target performance levels. As of September 30, 2017 , there was $9 million of unrecognized compensation cost related to unvested PSU s granted under the DPS Stock Plan that is expected to be recognized over a weighted average period of 1.23 years . During the nine months ended September 30, 2017 , 296,821 units subject to previously granted PSU s vested. A majority of these vested PSU s were net share settled. The Company withheld 101,988 shares based upon the Company's closing stock price on the vesting date to settle the employees' minimum statutory obligation for the applicable income and other employment taxes. Subsequently, the Company remitted the required funds to the appropriate taxing authorities. Total payments for the employees' tax obligations to the relevant taxing authorities were $10 million and $12 million for the nine months ended September 30, 2017 and 2016 , respectively, and are reflected as a financing activity within the unaudited Condensed Consolidated Statements of Cash Flows. These payments were used for tax withholdings related to the net share settlements of PSU s and DEUs . These payments had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise been issued on the vesting date and were recorded as a reduction of equity.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the assumed conversion of all dilutive securities. The following table presents the basic and diluted EPS and the Company's basic and diluted shares outstanding: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions, except per share data) 2017 2016 2017 2016 Basic EPS: Net income $ 203 $ 240 $ 568 $ 682 Weighted average common shares outstanding 181.4 184.8 182.7 186.1 Earnings per common share — basic $ 1.12 $ 1.30 $ 3.11 $ 3.66 Diluted EPS: Net income $ 203 $ 240 $ 568 $ 682 Weighted average common shares outstanding 181.4 184.8 182.7 186.1 Effect of dilutive securities: Stock options 0.2 0.2 0.2 0.2 RSUs 0.4 0.7 0.5 0.7 PSUs 0.1 — 0.1 0.1 Weighted average common shares outstanding and common stock equivalents 182.1 185.7 183.5 187.1 Earnings per common share — diluted $ 1.11 $ 1.29 $ 3.09 $ 3.64 Stock options, RSU s, PSU s and DEUs totaling 1.1 million and 0.8 million shares were excluded from the diluted weighted average shares outstanding for the three and nine months ended September 30, 2017 , respectively, as they were not dilutive. Stock options, RSU s, PSU s and DEUs totaling 0.3 million and 0.4 million shares were excluded from the diluted weighted average shares outstanding for the three and nine months ended September 30, 2016 , respectively, as they were not dilutive. Under the terms of our RSU and PSU agreements, unvested RSU and PSU awards contain forfeitable rights to dividends and DEUs . Because the DEUs are forfeitable, they are defined as non-participating securities. As of September 30, 2017 , there were 45,689 DEUs , which will vest at the time that the underlying RSU or PSU vests. As of September 30, 2017 , the Company 's Board has authorized a total aggregate share repurchase plan of $5 billion . The Company repurchased and retired 1.6 million shares of common stock valued at approximately $143 million and 3.5 million shares of common stock valued at approximately $320 million for the three and nine months ended September 30, 2017 , respectively. The Company repurchased and retired 1.6 million shares of common stock valued at approximately $157 million and 5.0 million shares of common stock valued at approximately $460 million for the three and nine months ended September 30, 2016 , respectively. These amounts were recorded as a reduction of equity in the unaudited Condensed Consolidated Statement of Changes in Stockholders' Equity. As of September 30, 2017 , $811 million remains available for share repurchases under the Board's authorization.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following tables provide a summary of changes in the balances of each component of AOCL , net of taxes: (in millions) Foreign Currency Translation Change in Pension Liability Cash Flow Hedges Accumulated Other Comprehensive Loss Balance as of July 1, 2017 $ (127 ) $ (36 ) $ (30 ) $ (193 ) OCI before reclassifications 1 3 — 4 Amounts reclassified from AOCL — 1 4 5 Net current period OCI 1 4 4 9 Balance as of September 30, 2017 $ (126 ) $ (32 ) $ (26 ) $ (184 ) (in millions) Foreign Currency Translation Change in Pension Liability Cash Flow Hedges Accumulated Other Comprehensive Loss Balance as of January 1, 2016 $ (125 ) $ (36 ) $ (34 ) $ (195 ) OCI before reclassifications (39 ) (5 ) — (44 ) Amounts reclassified from AOCL — 4 6 10 Net current year OCI (39 ) (1 ) 6 (34 ) Balance as of December 31, 2016 (164 ) (37 ) (28 ) (229 ) OCI before reclassifications 38 3 (7 ) 34 Amounts reclassified from AOCL — 2 9 11 Net current period OCI 38 5 2 45 Balance as of September 30, 2017 $ (126 ) $ (32 ) $ (26 ) $ (184 ) The following table presents the amount of loss reclassified from AOCL into the unaudited Condensed Consolidated Statements of Income: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) Location of Loss Reclassified from AOCL into Income 2017 2016 2017 2016 Loss on cash flow hedges: Interest rate contracts Interest expense $ (2 ) $ (2 ) $ (6 ) $ (6 ) Foreign exchange forward contracts Cost of sales (3 ) — (7 ) (1 ) Total (5 ) (2 ) (13 ) (7 ) Income tax benefit (1 ) (1 ) (4 ) (3 ) Total $ (4 ) $ (1 ) $ (9 ) $ (4 ) Defined benefit pension and postretirement plan items: Amortization of actuarial losses, net SG&A expenses $ (1 ) $ (1 ) $ (3 ) $ (3 ) Settlement loss SG&A expenses (1 ) — (1 ) — Total (2 ) (1 ) (4 ) (3 ) Income tax benefit (1 ) — (2 ) (1 ) Total $ (1 ) $ (1 ) $ (2 ) $ (2 ) Total reclassifications $ (5 ) $ (2 ) $ (11 ) $ (6 )

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2017
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported with the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows: September 30, December 31, (in millions) 2017 2016 Cash and cash equivalents $ 66 $ 1,787 Restricted cash and restricted cash equivalents (1) 89 — Non-current restricted cash and restricted cash equivalents included in Other non-current assets (1) 10 — Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows $ 165 $ 1,787 ____________________________ (1) Amounts included in restricted cash and restricted cash equivalents represent the holdback held in escrow in connection with the Bai Brands Merger. Refer to Note 2 for additional information on the Bai Brands Merger. The following table details supplemental cash flow disclosures of non-cash investing and financing activities: For the Nine Months Ended September 30, (in millions) 2017 2016 Supplemental cash flow disclosures of non-cash investing and financing activities: Dividends declared but not yet paid $ 106 $ 97 Capital expenditures included in accounts payable and other current liabilities 19 14 Holdback liability for acquisition of business 88 — Capital lease additions 28 17 Supplemental cash flow disclosures: Interest paid $ 88 $ 59 Income taxes paid 221 301

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies LEGAL MATTERS The Company is occasionally subject to litigation or other legal proceedings. The Company does not believe that the outcome of these, or any other, pending legal matters, individually or collectively, will have a material adverse effect on the results of operations, financial condition or liquidity of the Company .

Segments

Segments	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Segments	Segments As of September 30, 2017 and for the three and nine months ended September 30, 2017 , the Company 's operating structure consisted of the following four operating segments upon consummation of the Bai Brands Merger: • The Beverage Concentrates segment reflects sales of the Company 's branded concentrates and syrup to third-party bottlers primarily in the U.S. and Canada. Most of the brands in this segment are carbonated soft drink brands. • The Packaged Beverages Excluding Bai segment reflects sales in the U.S. and Canada from the manufacture and distribution of finished beverages and other products, including sales of the Company 's own brands and third-party brands, through both the Direct Store Delivery system and the Warehouse Direct system. • The Bai segment reflects sales of Bai Brands finished goods to third party distributors, primarily in the U.S., as net sales to the Packaged Beverages Excluding Bai segment are eliminated in consolidation. Refer to Note 2 for additional information regarding the impact of Bai Brands on the Company's net sales presented in the unaudited Condensed Consolidated Statements of Income. • The Latin America Beverages segment reflects sales in Mexico, the Caribbean, and other international markets from the manufacture and distribution of concentrates, syrup and finished beverages. The Company has determined that Packaged Beverages Excluding Bai and Bai, which have been identified as operating segments, meet the aggregation criteria under U.S. GAAP. As such, these segments have been aggregated into one reportable segment, Packaged Beverages, based on similarities among the operating units including economic characteristics, the nature of the products and services, the nature of the production processes, the types or class of customer for their products and services, the methods used to distribute their products and services and the nature of the regulatory environment. As of December 31, 2016 and for the three and nine months ended September 30, 2016 , the Company's operating structure consisted of the three operating segments identified prior to the Bai Brands Merger. Segment results are based on management reports. Net sales and SOP are the significant financial measures used to assess the operating performance of the Company 's operating segments. Intersegment sales are recorded at cost and are eliminated in the unaudited Condensed Consolidated Statements of Income. “Unallocated corporate costs” are excluded from the Company's measurement of segment performance and include stock-based compensation expense, unrealized commodity derivative gains and losses, and certain general corporate expenses. Information about the Company 's operations by reporting segment is as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Segment Results – Net sales Beverage Concentrates $ 334 $ 323 $ 984 $ 952 Packaged Beverages 1,273 1,236 3,693 3,558 Latin America Beverages 133 121 370 352 Net sales $ 1,740 $ 1,680 $ 5,047 $ 4,862 For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Segment Results – SOP Beverage Concentrates $ 218 $ 205 $ 641 $ 622 Packaged Beverages 189 208 526 592 Latin America Beverages 12 21 47 60 Total SOP 419 434 1,214 1,274 Unallocated corporate costs 52 64 219 180 Other operating income, net — (3 ) (30 ) (4 ) Income from operations 367 373 1,025 1,098 Interest expense, net 39 32 121 97 Loss on early extinguishment of debt 13 — 62 — Other income, net (2 ) (2 ) (6 ) (25 ) Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries $ 317 $ 343 $ 848 $ 1,026 September 30, December 31, (in millions) 2017 2016 Identifiable operating assets Beverage Concentrates $ 4,163 $ 4,108 Packaged Beverages (1) 5,291 3,474 Latin America Beverages 351 312 Segment total 9,805 7,894 Corporate and other (1) 210 1,874 Total identifiable operating assets 10,015 9,768 Investments in unconsolidated subsidiaries 24 23 Total assets $ 10,039 $ 9,791 ___________________________ (1) The primary driver of the change in identifiable operating assets from December 31, 2016 to September 30, 2017 in the Packaged Beverages segment and Corporate and other is the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger.

Guarantor and Non-Guarantor Fin

Guarantor and Non-Guarantor Financial Information	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Guarantor and Non-Guarantor Financial Information	Guarantor and Non-Guarantor Financial Information The Company's outstanding senior unsecured notes (the " Notes ") are fully and unconditionally guaranteed by substantially all of the Company 's existing and future direct and indirect domestic subsidiaries (except one immaterial subsidiary associated with charitable purposes) (the " Guarantors "), as defined in the indentures governing the Notes . The Guarantors are 100% owned either directly or indirectly by the Company and jointly and severally guarantee, subject to the release provisions described below, the Company 's obligations under the Notes . None of the Company 's subsidiaries organized outside of the U.S. or immaterial subsidiaries used for charitable purposes (collectively, the " Non-Guarantors ") guarantee the Notes. The subsidiary guarantees with respect to the Notes are subject to release upon the occurrence of certain events, including the sale of all or substantially all of a subsidiary's assets, the release of the subsidiary's guarantee of other indebtedness of the Company, the Company 's exercise of its legal defeasance option with respect to the Notes and the discharge of the Company 's obligations under the applicable indenture. The following schedules present the financial information for Dr Pepper Snapple Group, Inc. (the " Parent "), Guarantors and Non-Guarantors . The consolidating schedules are provided in accordance with the reporting requirements of Rule 3-10 under SEC Regulation S-X for guarantor subsidiaries. Condensed Consolidating Statements of Income For the Three Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 1,585 $ 191 $ (36 ) $ 1,740 Cost of sales — 637 106 (36 ) 707 Gross profit — 948 85 — 1,033 Selling, general and administrative expenses 2 582 56 — 640 Depreciation and amortization — 24 2 — 26 Other operating (income) expense, net — — — — — Income from operations (2 ) 342 27 — 367 Interest expense 71 22 — (53 ) 40 Interest income (19 ) (34 ) (1 ) 53 (1 ) Loss on extinguishment of debt 13 — — — 13 Other (income) expense, net (1 ) (1 ) — — (2 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (66 ) 355 28 — 317 Provision (benefit) for income taxes (24 ) 132 6 — 114 Income (loss) before equity in earnings of subsidiaries (42 ) 223 22 — 203 Equity in earnings of consolidated subsidiaries 245 22 — (267 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — — — — — Net income $ 203 $ 245 $ 22 $ (267 ) $ 203 Condensed Consolidating Statements of Income For the Three Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 1,547 $ 167 $ (34 ) $ 1,680 Cost of sales — 632 85 (34 ) 683 Gross profit — 915 82 — $ 997 Selling, general and administrative expenses 1 550 52 — 603 Depreciation and amortization — 22 2 — 24 Other operating (income) expense, net — 1 (4 ) — (3 ) Income from operations (1 ) 342 32 — 373 Interest expense 58 17 — (42 ) 33 Interest income (14 ) (27 ) (2 ) 42 (1 ) Other (income) expense, net 12 (15 ) 1 — (2 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (57 ) 367 33 — 343 Provision (benefit) for income taxes (21 ) 113 10 — 102 Income (loss) before equity in earnings of subsidiaries (36 ) 254 23 — 241 Equity in earnings of consolidated subsidiaries 276 24 — (300 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (2 ) 1 — (1 ) Net income $ 240 $ 276 $ 24 $ (300 ) $ 240 Condensed Consolidating Statements of Income For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 4,639 $ 520 $ (112 ) $ 5,047 Cost of sales — 1,859 285 (112 ) 2,032 Gross profit — 2,780 235 — 3,015 Selling, general and administrative expenses 5 1,782 157 — 1,944 Depreciation and amortization — 70 6 — 76 Other operating income, net — (30 ) — — (30 ) Income from operations (5 ) 958 72 — 1,025 Interest expense 206 61 — (143 ) 124 Interest income (53 ) (91 ) (2 ) 143 (3 ) Loss on extinguishment of debt 62 — — — 62 Other (income) expense, net (7 ) (2 ) 3 — (6 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (213 ) 990 71 — 848 Provision (benefit) for income taxes (78 ) 340 17 — 279 Income (loss) before equity in earnings of subsidiaries (135 ) 650 54 — 569 Equity in earnings of consolidated subsidiaries 703 54 — (757 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (1 ) — — (1 ) Net income $ 568 $ 703 $ 54 $ (757 ) $ 568 Condensed Consolidating Statements of Income For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 4,475 $ 486 $ (99 ) $ 4,862 Cost of sales — 1,811 243 (99 ) 1,955 Gross profit — 2,664 243 — 2,907 Selling, general and administrative expenses 2 1,583 154 — 1,739 Depreciation and amortization — 69 5 — 74 Other operating income, net — 1 (5 ) — (4 ) Income from operations (2 ) 1,011 89 — 1,098 Interest expense 166 51 — (118 ) 99 Interest income (40 ) (75 ) (5 ) 118 (2 ) Other (income) expense, net 9 (39 ) 5 — (25 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (137 ) 1,074 89 — 1,026 Provision (benefit) for income taxes (51 ) 369 25 — 343 Income (loss) before equity in earnings of subsidiaries (86 ) 705 64 — 683 Equity in earnings of consolidated subsidiaries 768 65 — (833 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (2 ) 1 — (1 ) Net income $ 682 $ 768 $ 65 $ (833 ) $ 682 Condensed Consolidating Statements of Comprehensive Income For the Three Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 212 $ 253 $ 26 $ (279 ) $ 212 Condensed Consolidating Statements of Comprehensive Income For the Three Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 229 $ 263 $ 9 $ (272 ) $ 229 Condensed Consolidating Statements of Comprehensive Income For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 613 $ 744 $ 90 $ (834 ) $ 613 Condensed Consolidating Statements of Comprehensive Income For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 664 $ 748 $ 54 $ (802 ) $ 664 Condensed Consolidating Balance Sheets As of September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Current assets: Cash and cash equivalents $ — $ 16 $ 50 $ — $ 66 Restricted cash and cash equivalents — 89 — — 89 Accounts receivable: Trade, net — 585 74 — 659 Other 7 36 4 — 47 Related party receivable 19 38 — (57 ) — Inventories — 228 33 — 261 Prepaid expenses and other current assets 449 131 18 (454 ) 144 Total current assets 475 1,123 179 (511 ) 1,266 Property, plant and equipment, net — 988 141 — 1,129 Investments in consolidated subsidiaries 8,832 344 — (9,176 ) — Investments in unconsolidated subsidiaries — 24 — — 24 Goodwill — 3,535 24 — 3,559 Other intangible assets, net — 3,733 53 — 3,786 Long-term receivable, related parties 3,259 5,957 — (9,216 ) — Other non-current assets 69 126 20 — 215 Deferred tax assets 18 — 60 (18 ) 60 Total assets $ 12,653 $ 15,830 $ 477 $ (18,921 ) $ 10,039 Current liabilities: Accounts payable $ — $ 354 $ 33 $ — $ 387 Related party payable 34 19 4 (57 ) — Deferred revenue — 70 1 (7 ) 64 Short-term borrowings and current portion of long-term obligations 70 12 — — 82 Income taxes payable — 455 2 (447 ) 10 Other current liabilities 159 603 54 — 816 Total current liabilities 263 1,513 94 (511 ) 1,359 Long-term obligations to third parties 4,239 160 — — 4,399 Long-term obligations to related parties 5,957 3,259 — (9,216 ) — Deferred tax liabilities — 895 — (18 ) 877 Non-current deferred revenue — 1,044 27 — 1,071 Other non-current liabilities 65 127 12 — 204 Total liabilities 10,524 6,998 133 (9,745 ) 7,910 Total stockholders' equity 2,129 8,832 344 (9,176 ) 2,129 Total liabilities and stockholders' equity $ 12,653 $ 15,830 $ 477 $ (18,921 ) $ 10,039 Condensed Consolidating Balance Sheets As of December 31, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Current assets: Cash and cash equivalents $ — $ 1,736 $ 51 $ — $ 1,787 Restricted cash and cash equivalents — — — — — Accounts receivable: Trade, net — 540 55 — 595 Other 3 39 9 — 51 Related party receivable 15 37 — (52 ) — Inventories — 178 24 — 202 Prepaid and other current assets 379 84 7 (369 ) 101 Total current assets 397 2,614 146 (421 ) 2,736 Property, plant and equipment, net — 1,007 131 — 1,138 Investments in consolidated subsidiaries 8,067 302 — (8,369 ) — Investments in unconsolidated subsidiaries — 23 — — 23 Goodwill — 2,972 21 — 2,993 Other intangible assets, net — 2,609 47 — 2,656 Long-term receivable, related parties 3,209 5,077 — (8,286 ) — Other non-current assets 64 107 12 — 183 Deferred tax assets 20 — 62 (20 ) 62 Total assets $ 11,757 $ 14,711 $ 419 $ (17,096 ) $ 9,791 Current liabilities: Accounts payable $ — $ 276 $ 27 $ — $ 303 Related party payable 31 14 7 (52 ) — Deferred revenue — 63 1 — 64 Short-term borrowings and current portion of long-term obligations — 10 — — 10 Income taxes payable — 372 1 (369 ) 4 Other current liabilities 128 502 40 — 670 Total current liabilities 159 1,237 76 (421 ) 1,051 Long-term obligations to third parties 4,325 143 — — 4,468 Long-term obligations to related parties 5,077 3,209 — (8,286 ) — Deferred tax liabilities (1 ) 833 — (20 ) 812 Non-current deferred revenue — 1,091 26 — 1,117 Other non-current liabilities 63 131 15 — 209 Total liabilities 9,623 6,644 117 (8,727 ) 7,657 Total stockholders' equity 2,134 8,067 302 (8,369 ) 2,134 Total liabilities and stockholders' equity $ 11,757 $ 14,711 $ 419 $ (17,096 ) $ 9,791 Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Operating activities: Net cash (used in) provided by operating activities $ (166 ) $ 896 $ 50 $ (48 ) $ 732 Investing activities: Acquisition of business — (1,553 ) — — (1,553 ) Cash acquired in step acquisition of unconsolidated subsidiaries — 3 — — 3 Purchase of property, plant and equipment — (76 ) (9 ) — (85 ) Investment in unconsolidated subsidiaries — (3 ) — — (3 ) Purchase of intangible assets — (5 ) — — (5 ) Proceeds from disposals of property, plant and equipment — 3 — — 3 Issuance of related party notes receivable — (881 ) — 881 — Other, net (6 ) 3 — — (3 ) Net cash (used in) provided by investing activities (6 ) (2,509 ) (9 ) 881 (1,643 ) Financing activities: Proceeds from issuance of related party debt 881 — — (881 ) — Proceeds from issuance of senior unsecured notes 400 — — — 400 Repayment of senior unsecured notes (562 ) — — — (562 ) Net issuance of commercial paper 70 — — — 70 Repurchase of shares of common stock (320 ) — — — (320 ) Dividends paid (309 ) — (48 ) 48 (309 ) Tax withholdings related to net share settlements of certain stock awards (30 ) — — — (30 ) Proceeds from stock options exercised 20 — — — 20 Premium (discount) on issuance of senior unsecured notes 16 — — — 16 Proceeds from termination of interest rate swap 13 — — — 13 Deferred financing charges paid (5 ) — — — (5 ) Capital lease payments — (8 ) — — (8 ) Other, net (2 ) — — — (2 ) Net cash (used in) provided by financing activities 172 (8 ) (48 ) (833 ) (717 ) Cash and cash equivalents — net change from: Operating, investing and financing activities — (1,621 ) (7 ) — (1,628 ) Effect of exchange rate changes on cash and cash equivalents — — 6 — 6 Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period — 1,736 51 — 1,787 Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period $ — $ 115 $ 50 $ — $ 165 Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Operating activities: Net cash (used in) provided by operating activities $ (125 ) $ 765 $ 65 $ — $ 705 Investing activities: Acquisition of business — — (15 ) — (15 ) Cash acquired in step acquisition of unconsolidated subsidiaries — — 17 — 17 Purchase of property, plant and equipment — (79 ) (31 ) — (110 ) Purchase of intangible assets — — (1 ) — (1 ) Purchase of cost method investment — (1 ) — — (1 ) Investments in unconsolidated subsidiaries — (6 ) — — (6 ) Proceeds from disposals of property, plant and equipment — 4 — — 4 Issuance of related party notes receivable — (1,002 ) — 1,002 — Other, net (7 ) — — — (7 ) Net cash (used in) provided by investing activities (7 ) (1,084 ) (30 ) 1,002 (119 ) Financing activities: Proceeds from issuance of related party debt 1,002 — — (1,002 ) — Proceeds from issuance of senior unsecured notes 400 — — — 400 Repayment of senior unsecured notes (500 ) — — — (500 ) Repurchase of shares of common stock (460 ) — — — (460 ) Dividends paid (288 ) — — — (288 ) Tax withholdings related to net share settlements of certain stock awards (31 ) — — — (31 ) Proceeds from stock options exercised 14 — — — 14 Premium (discount) on issuance of senior unsecured notes (1 ) — — — (1 ) Deferred financing charges paid (3 ) — — — (3 ) Capital lease payments — (6 ) — — (6 ) Other, net (1 ) — — — (1 ) Net cash (used in) provided by financing activities 132 (6 ) — (1,002 ) (876 ) Cash and cash equivalents — net change from: Operating, investing and financing activities — (325 ) 35 — (290 ) Effect of exchange rate changes on cash and cash equivalents — — (1 ) — (1 ) Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period — 859 52 — 911 Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period $ — $ 534 $ 86 $ — $ 620

General (Policies)

General (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (" U.S. GAAP ") for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements . In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with the Company 's audited consolidated financial statements and the notes thereto in the Company 's Annual Report on Form 10-K for the year ended December 31, 2016 ("Annual Report").
Principles of Consolidation	PRINCIPLES OF CONSOLIDATION DPS consolidates all wholly owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes DPS ' proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors or similar governing body, participation in policy-making decisions and material intercompany transactions. The Company is also required to consolidate entities that are variable interest entities (“ VIE s”) of which DPS is the primary beneficiary. Judgments are made in assessing whether the Company is the primary beneficiary, including determination of the activities that most significantly impact the VIE ’s economic performance. The Company eliminates from its financial results all intercompany transactions between entities included in the unaudited condensed consolidated financial statements and the intercompany transactions with its equity method investees.
Use of Estimates	USE OF ESTIMATES The process of preparing DPS ' unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and judgments are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates.
Reclassification	RECLASSIFICATIONS Discounts on the issuance of senior unsecured notes have been reclassified from other, net to the premium (discount) on senior unsecured notes caption within the financing activities section in the unaudited Condensed Consolidated Statements of Cash Flows for the prior period to conform to the current year's presentation, with no impact to total cash provided by (used in) operating, investing or financing activities. Excess tax benefit on stock-based compensation in the unaudited Condensed Consolidated Statements of Cash Flows has been reclassified from financing activities to other, net within operating activities for the prior period to conform to the current year's presentation as a result of the adoption of Accounting Standards Update (" ASU ") 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share Based Payment Accounting ("ASU 2016-09"). See Recently Adopted Provisions of U.S. GAAP below for further details on the impact of the adoption of ASU 2016-09 on the Company's unaudited condensed consolidated financial statements.
Recently Issued Accounting Standards	RECENTLY ISSUED ACCOUNTING STANDARDS Effective in 2018 In May 2014, the Financial Accounting Standards Board (" FASB ") issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (" ASU 2014-09 "). The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP . The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. ASU 2014-09 provides alternative methods of initial adoption. In August 2015, the FASB issued ASU 2015-14 , Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date , which defers the effective date of ASU 2014-09 by one year to December 15, 2017 for interim and annual reporting periods beginning after that date and permitted early adoption of the standard, but not before the original effective date. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) , which clarifies the implementation guidance on principal versus agent considerations for the new model. In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing , which clarifies the implementation guidance related to identifying performance obligations and licensing for the new model. In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients , which improves guidance on assessing collectibility, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. These updates are effective concurrently with Topic 606 (ASU 2014-09). The Company intends to adopt the above standards using the modified retrospective approach for the quarter ending March 31, 2018. In preparation for the Company's adoption of the new standards, management assembled a project management team, which has obtained representative samples of contracts and other forms of agreements with our customers and is evaluating the provisions contained within those documents based on the new guidance. While the Company does not expect this change to have a material impact on the Company's results of operations, financial position and cash flows once implemented on an annual basis, the Company does expect an increase in contract liabilities and a potential impact on its net sales in interim periods due to timing. The Company is still evaluating the disclosure requirements under these standards. As the Company completes its overall evaluation, the Company is also identifying and preparing to implement changes to its accounting policies, practices and controls to support the new standards. In March 2017, the FASB issued ASU 2017-07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost ("ASU 2017-07"). ASU 2017-07 requires employers who offer defined benefit pension plans or other post-retirement benefit plans to report the service cost component within the same income statement caption as other compensation costs arising from services rendered by employees during the period. The ASU also requires the other components of net periodic benefit cost to be presented separately from the service cost component, in a caption outside of a subtotal of income from operations. Additionally, the ASU provides that only the service cost component is eligible for capitalization. ASU 2017-07 is effective for interim and annual reporting periods beginning after December 15, 2017, and early adoption is permitted. The standard requires retrospective adoption of the presentation of the components of net periodic benefit costs and prospective application of the capitalization of the service cost component in assets. The Company does not expect this will have a material impact on the consolidated financial statements. Effective in 2019 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) ("ASU 2016-02"). The ASU replaces the prior lease accounting guidance in its entirety. The underlying principle of the new standard is the recognition of lease assets and lease liabilities by lessees for substantially all leases, with an exception for leases with terms of less than twelve months. The standard also requires additional quantitative and qualitative disclosures. ASU 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The standard requires a modified retrospective approach, which includes several optional practical expedients. The Company does not intend to early adopt the standard. The Company has assembled a project management team and is in the early stages of evaluating the impact that ASU 2016-02 will have on the Company's consolidated financial statements. However, the Company anticipates the impact of ASU 2016-02 will be significant to its Consolidated Balance Sheet due to the amount of the Company's lease commitments. In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities ("ASU 2017-12"). The objective of the ASU is to improve the financial reporting of hedging relationships in order to better portray the economic results of an entity’s risk management activities in its financial statements and to make certain targeted improvements to simplify the application of hedge accounting guidance. ASU 2017-12 is effective for interim and annual reporting periods beginning after December 15, 2018, and early adoption is permitted. The Company is currently evaluating the impact of ASU 2017-12 on the Company's consolidated financial statements.
Recently Adopted Provisions of U.S. GAAP	RECENTLY ADOPTED PROVISIONS OF U.S. GAAP As of January 1, 2017, the Company adopted ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory ("ASU 2015-11") . ASU 2015-11 requires inventories measured under any methods other than last-in, first-out ("LIFO") or the retail inventory method to be subsequently measured at the lower of cost or net realizable value, rather than at the lower of cost or market. Subsequent measurement of inventory using LIFO or the retail inventory method is unchanged by ASU 2015-11. The adoption of ASU 2015-11 did not have a material impact on the Company's consolidated financial statements. As of January 1, 2017, the Company adopted ASU 2016-09, which is part of the FASB's simplification initiative. The new standard provides for changes to accounting for stock compensation including 1) excess tax benefits and tax deficiencies related to share based payment awards will be recognized as income tax benefit or expense in the reporting period in which they occur; 2) excess tax benefits will be classified as an operating activity in the statement of cash flow; 3) the option to elect to estimate forfeitures or account for them when they occur; and 4) an increase in the tax withholding requirements threshold to qualify for equity classification. Beginning in 2017, the primary impact of adoption was the recognition of excess tax benefits for our stock awards in the provision for income taxes rather than additional paid-in capital. Additional amendments to the accounting for income taxes and minimum statutory withholding tax requirements had no impact to retained earnings. The Company elected to continue to estimate forfeitures expected to occur to determine the amount of compensation cost to be recognized in each period. Adoption of the new standard resulted in the recognition of excess tax benefits in our provision for income taxes rather than paid-in capital of $19 million for the nine months ended September 30, 2017 . There was no impact to our provision for income taxes for the three months ended September 30, 2017 . The presentation of excess tax benefits on stock-based compensation was adjusted retrospectively within the unaudited Condensed Consolidated Statements of Cash Flows, resulting in a $22 million increase in net cash provided by operating activities for the nine months ended September 30, 2016 , with a corresponding increase to net cash used in financing activities. The presentation requirements for cash flows related to employee taxes paid for withheld shares had no impact to any of the periods presented on the unaudited Condensed Consolidated Statements of Cash Flows as the Company has historically presented them as a financing activity. As of January 1, 2017, the Company early adopted ASU No. 2016-18, Statement of Cash Flows (Topic 230), Restricted Cash ("ASU 2016-18"), which requires amounts generally described as restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning and ending amounts shown on the statement of cash flows. The Company elected to early adopt the provisions of ASU 2016-18 as of January 1, 2017 and has revised its unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2017 and 2016 to reflect amounts described as restricted cash and restricted cash equivalents included with cash and cash equivalents in the reconciliation of beginning of period and end of period total amounts shown on the unaudited Condensed Consolidated Statements of Cash Flow. The adoption had no impact on amounts presented in the unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2016 . Refer to Note 15 for the reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents as presented on the unaudited Condensed Consolidated Balance Sheets to the amounts as shown on the unaudited Condensed Consolidated Statements of Cash Flows.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Preliminary Purchase Price [Table Text Block]	The Company’s preliminary purchase price, as of September 30, 2017, was $1,639 million , net of the Company's previous ownership interest. The components of the preliminary purchase price are presented below: (in millions) Preliminary Purchase Price Cash paid to consummate Bai Brands Merger, net of the Company's previous ownership interest $ 1,553 Remaining holdback placed in escrow 88 Less: Seller transaction costs reimbursed to Bai Brands for payments made on behalf of the Company for its acquisition-related costs (2 ) Preliminary Purchase Price - Bai Brands (1) $ 1,639 ___________________________ (1) The preliminary purchase price excludes the impact of the Company's pre-existing ownership interest.
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the preliminary allocation, as of September 30, 2017, of the fair value of the assets acquired and liabilities assumed by major class for the Bai Brands Merger: (in millions) Fair Value Useful Life Property, plant & equipment $ 4 5 - 10 years Customer relationships 30 7 years Non-compete agreements 22 2 - 4 years Brands 1,073 Indefinite Goodwill 563 Indefinite Assumed liabilities, net of acquired assets (13 ) N/A Total $ 1,679
Business Acquisition, Pro Forma Information [Table Text Block]	The following table reconciles the net sales and net loss of Bai Brands since the acquisition date to the impact of Bai Brands to the Company's consolidated results of operations: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2017 Net sales - Bai Brands $ 77 $ 182 Intercompany sales to Packaged Beverages Excluding Bai (56 ) (131 ) Incremental impact to consolidated net sales $ 21 $ 51 For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2017 Net loss - Bai Brands $ (2 ) $ (13 ) Impact of intercompany activity with Packaged Beverages Excluding Bai (1) (2 ) (9 ) Incremental impact to consolidated net income $ (4 ) $ (22 ) ___________________________ (1) Impact of intercompany activity includes the elimination of intercompany net sales and the deferral of gross profit recognition on shipments of product still in Packaged Beverages Excluding Bai inventory for the three and nine months ended September 30, 2017 , net of tax.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
Inventories consisted of the following	Inventories consisted of the following: September 30, December 31, (in millions) 2017 2016 Raw materials $ 81 $ 77 Spare parts 23 22 Work in process 7 5 Finished goods 185 130 Inventories at first in first out cost 296 234 Reduction to LIFO cost (35 ) (32 ) Inventories $ 261 $ 202

Prepaid Expenses and Other Cu30

Prepaid Expenses and Other Current Assets and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2017
Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]
Prepaid expenses and other current assets and other current liabilities consisted	The table below details the components of prepaid expenses and other current assets and other current liabilities: September 30, December 31, (in millions) 2017 2016 Prepaid expenses and other current assets: Customer incentive programs $ 50 $ 24 Derivative instruments 21 19 Prepaid income taxes 14 18 Current assets held for sale — 1 Other 59 39 Total prepaid expenses and other current assets $ 144 $ 101 Other current liabilities: Customer rebates and incentives $ 308 $ 280 Accrued compensation 113 134 Insurance liability 38 36 Interest accrual 45 24 Dividends payable 106 97 Derivative instruments 7 2 Holdback liability to former Bai Brands shareholders (1) 78 — Other 121 97 Total other current liabilities $ 816 $ 670 ____________________________ (1) Refer to Note 2 for additional information on holdback liability to former Bai Brands shareholders as of September 30, 2017 .

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Change in goodwill by operating segments	Changes in the carrying amount of goodwill by reporting unit are as follows: (in millions) Beverage Concentrates WD Reporting Unit (1) DSD Reporting Unit (1) Bai Latin America Beverages Total Balance as of January 1, 2016 Goodwill $ 1,733 $ 1,222 $ 189 $ — $ 24 $ 3,168 Accumulated impairment losses — — (180 ) — — (180 ) 1,733 1,222 9 — 24 2,988 Foreign currency impact — — — — (3 ) (3 ) Acquisition activity (2) — — — — 8 8 Balance as of December 31, 2016 Goodwill 1,733 1,222 189 — 29 3,173 Accumulated impairment losses — — (180 ) — — (180 ) 1,733 1,222 9 — 29 2,993 Foreign currency impact — — — — 3 3 Acquisition activity (3) — — — 563 — 563 Balance as of September 30, 2017 Goodwill 1,733 1,222 189 563 32 3,739 Accumulated impairment losses — — (180 ) — — (180 ) $ 1,733 $ 1,222 $ 9 $ 563 $ 32 $ 3,559 ____________________________ (1) The Packaged Beverages Excluding Bai operating segment is comprised of two reporting units, the Direct Store Delivery (" DSD ") system and the Warehouse Direct (" WD ") system. (2) Goodwill was recorded to the Latin America Beverages reporting unit during 2016 as a result of the step acquisition of Industria Embotelladora de Bebidas Mexicanas and Embotelladora Mexicana de Agua, S.A. de C.V. (3) Goodwill was recorded to Bai during the nine months ended September 30, 2017 as a result of the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger.
Change in intangible assets other than goodwill - indefinite lives	The net carrying amounts of intangible assets other than goodwill are as follows: September 30, 2017 December 31, 2016 Gross Accumulated Net Gross Accumulated Net (in millions) Amount Amortization Amount Amount Amortization Amount Intangible assets with indefinite lives: Brands (1) $ 3,699 $ — $ 3,699 $ 2,621 $ — $ 2,621 Distribution rights (2) 32 — 32 27 — 27 Intangible assets with definite lives: Customer relationships (1) 106 (78 ) 28 76 (76 ) — Non-compete agreements (1) 22 (1 ) 21 — — — Distribution rights 16 (10 ) 6 16 (8 ) 8 Brands 29 (29 ) — 29 (29 ) — Bottler agreements 19 (19 ) — 19 (19 ) — Total $ 3,923 $ (137 ) $ 3,786 $ 2,788 $ (132 ) $ 2,656 ____________________________ (1) As a result of the Bai Brands Merger, the Company recorded indefinite lived brand assets of $1,073 million and definite lived non-compete agreements and customer relationships of $22 million and $30 million , respectively. Refer to Note 2 for additional information . The remaining $5 million increase in brands with indefinite lives is due to foreign currency translation. (2) In 2017, the Company reacquired certain indefinite lived distribution rights for $5 million .
Change in intangible assets other than goodwill - finite lives	The net carrying amounts of intangible assets other than goodwill are as follows: September 30, 2017 December 31, 2016 Gross Accumulated Net Gross Accumulated Net (in millions) Amount Amortization Amount Amount Amortization Amount Intangible assets with indefinite lives: Brands (1) $ 3,699 $ — $ 3,699 $ 2,621 $ — $ 2,621 Distribution rights (2) 32 — 32 27 — 27 Intangible assets with definite lives: Customer relationships (1) 106 (78 ) 28 76 (76 ) — Non-compete agreements (1) 22 (1 ) 21 — — — Distribution rights 16 (10 ) 6 16 (8 ) 8 Brands 29 (29 ) — 29 (29 ) — Bottler agreements 19 (19 ) — 19 (19 ) — Total $ 3,923 $ (137 ) $ 3,786 $ 2,788 $ (132 ) $ 2,656 ____________________________ (1) As a result of the Bai Brands Merger, the Company recorded indefinite lived brand assets of $1,073 million and definite lived non-compete agreements and customer relationships of $22 million and $30 million , respectively. Refer to Note 2 for additional information . The remaining $5 million increase in brands with indefinite lives is due to foreign currency translation. (2) In 2017, the Company reacquired certain indefinite lived distribution rights for $5 million .
Schedule of Weighted Average Useful Lives [Table Text Block]	As of September 30, 2017 , the weighted average useful lives of intangible assets with definite lives are as follows: Weighted Average Useful Life Customer relationships 7 years Non-compete agreements 4 years Distribution rights 9 years Total intangible assets with definite lives 6 years
Amortization expense for intangible assets with definite lives	Amortization expense for intangible assets with definite lives for the three and nine months ended September 30, 2017 and 2016 was as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Amortization expense for intangible assets with definite lives $ 2 $ 1 $ 5 $ 3
Future amortization expense of intangible assets	Amortization expense of these intangible assets over the remainder of 2017 and the next four years is expected to be the following: Year Aggregate Amortization Expense (in millions) October 1, 2017 through December 31, 2017 $ 1 2018 16 2019 13 2020 9 2021 6

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2017
Short-term Debt [Line Items]
Long Term Debt Obligations	The following table summarizes the Company 's long-term obligations: September 30, December 31, (in millions) 2017 2016 Senior unsecured notes $ 4,239 $ 4,325 Capital lease obligations 172 153 Subtotal 4,411 4,478 Less - current portion (12 ) (10 ) Long-term obligations $ 4,399 $ 4,468
Schedule of Short-term Debt	The following table summarizes the Company 's short-term borrowings and current portion of long-term obligations: September 30, December 31, (in millions) 2017 2016 Commercial paper $ 70 $ — Current portion of long-term obligations: Capital lease obligations 12 10 Short-term borrowings and current portion of long-term obligations $ 82 $ 10
Schedule of Long-term Debt Instruments	The Company 's senior unsecured notes consisted of the following: (in millions) Principal Amount Carrying Amount September 30, September 30, December 31, Issuance Maturity Date Rate 2017 2017 2016 2018 Notes May 1, 2018 6.82% — — 364 2019 Notes January 15, 2019 2.60% 250 250 249 2020 Notes January 15, 2020 2.00% 250 247 247 2021-A Notes November 15, 2021 3.20% 250 250 249 2021-B Notes November 15, 2021 2.53% 250 247 246 2022 Notes November 15, 2022 2.70% 250 269 273 2023 Notes December 15, 2023 3.13% 500 496 495 2025 Notes November 15, 2025 3.40% 500 495 495 2026 Notes September 15, 2026 2.55% 400 397 396 2027 Notes June 15, 2027 3.43% 500 498 397 2038 Notes May 1, 2038 7.45% 125 135 270 2045 Notes November 15, 2045 4.50% 550 558 247 2046 Notes December 15, 2046 4.42% 400 397 397 $ 4,225 $ 4,239 $ 4,325
Amount Utilized and Available for Revolver	The following table provides amounts utilized and available under our Revolver as of September 30, 2017 : (in millions) Amount Utilized Balances Available Revolver $ — $ 430 Letters of credit — 75

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Fair Value Hedges [Table Text Block]	The following table presents information regarding these interest rate swaps and the associated hedging relationships: Impact to the carrying value ($ in millions) Method of of long-term debt Hedging Number of measuring Notional September 30, December 31, Period entered relationship instruments effectiveness value 2017 2016 November 2011 2019 Notes 2 Short cut method $ 100 $ — $ — November 2011 2021-A Notes 2 Short cut method 150 1 — November 2012 2020 Notes 5 Short cut method 120 (2 ) (2 ) December 2016 2021-B Notes 2 Short cut method 250 (2 ) (2 ) December 2016 2023 Notes 2 Short cut method 150 (1 ) (1 ) January 2017 2022 Notes (2) 4 Regression 250 21 24 June 2017 2038 Notes (1) 1 Regression 50 11 22 $ 1,070 $ 28 $ 41 ____________________________ (1) In June 2017, and in connection with the partial redemption of the 2038 Notes, the Company modified and partially terminated the outstanding interest rate swap on the 2038 Notes with a notional amount of $100 million and maturing in May 2038. The modified interest rate swap has identical terms to the original interest rate swap, except for a reduced notional amount of $50 million . The Company received $13 million as settlement for the modification and partial termination of the swap. As a result of this transaction, the Company de-designated the original hedging relationship. Under the original hedging relationship, the Company recorded $26 million as an increase to the carrying value of debt due to changes in the fair market value of the debt, pull to par adjustments and ineffectiveness. The Company recognized a $13 million gain into earnings, which reduced the loss on early extinguishment of debt, as part of the partial redemption of the 2038 Notes. The remaining $13 million increase in the carrying value of the outstanding 2038 Notes will be amortized into earnings over the remaining term of the 2038 Notes. The Company then designated the new interest rate swap contract as a fair value hedge with a notional amount of $50 million and maturing in May 2038 in order to effectively convert a portion of the outstanding 2038 Notes from fixed-rate debt to floating-rate debt. The Company uses regression analysis to assess the prospective and retrospective effectiveness of this hedging relationship. (2) In October 2016, the Company de-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes. The Company will amortize $25 million into earnings over the remaining term of the 2022 Notes which represents the increase to the carrying value of the debt upon de-designation consisting of changes in fair market value of the debt, pull to par adjustments and ineffectiveness recorded under the previous hedging relationship. The Company recorded the change in the fair value of the interest rate swaps after de-designation into interest expense. In January 2017, the Company re-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes, which were de-designated in 2016. The Company uses regression analysis to assess the prospective and retrospective effectiveness of these hedging relationships.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table summarizes the location of the fair value of the Company 's derivative instruments within the unaudited Condensed Consolidated Balance Sheets: (in millions) Balance Sheet Location September 30, December 31, Assets: Derivative instruments designated as hedging instruments under U.S. GAAP: Interest rate contracts Prepaid expenses and other current assets $ 2 $ 6 Interest rate contracts Other non-current assets 21 21 Derivative instruments not designated as hedging instruments under U.S. GAAP: Interest rate contracts Prepaid expenses and other current assets — 4 Commodity contracts Prepaid expenses and other current assets 19 9 Interest rate contracts Other non-current assets — 8 Commodity contracts Other non-current assets 14 12 Total assets $ 56 $ 60 Liabilities: Derivative instruments designated as hedging instruments under U.S. GAAP: Interest rate contracts Other current liabilities $ 4 $ 1 Foreign exchange forward contracts Other current liabilities 3 — Interest rate contracts Other non-current liabilities 1 7 Derivative instruments not designated as hedging instruments under U.S. GAAP: Commodity contracts Other current liabilities — 1 Commodity contracts Other non-current liabilities 2 — Total liabilities $ 10 $ 9
Derivative Instruments Designated As Cash Flow Hedging Instruments	The following table presents the impact of derivative instruments designated as cash flow hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income and Comprehensive Income: Amount of Loss Recognized in Amount of Loss Reclassified from AOCL into Income Location of Loss Reclassified from AOCL into Income (in millions) Other Comprehensive Loss ("OCI") For the three months ended September 30, 2017: Interest rate contracts $ — $ (2 ) Interest expense Foreign exchange forward contracts — (3 ) Cost of sales Total $ — $ (5 ) For the nine months ended September 30, 2017: Interest rate contracts $ — $ (6 ) Interest expense Foreign exchange forward contracts (10 ) (7 ) Cost of sales Total $ (10 ) $ (13 ) For the three months ended September 30, 2016: Interest rate contracts $ — $ (2 ) Interest expense Foreign exchange forward contracts — — Cost of sales Total $ — $ (2 ) For the nine months ended September 30, 2016: Interest rate contracts $ — $ (6 ) Interest expense Foreign exchange forward contracts (1 ) (1 ) Cost of sales Total $ (1 ) $ (7 )
Derivative instruments designated as fair value hedging instruments	The following table presents the impact of derivative instruments designated as fair value hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income: Amount of Gain Location of Gain (in millions) Recognized in Income Recognized in Income For the three months ended September 30, 2017: Interest rate contracts $ 3 Interest expense Interest rate contracts — Loss on early extinguishment of debt Total $ 3 For the nine months ended September 30, 2017: Interest rate contracts $ 10 Interest expense Interest rate contracts 13 Loss on early extinguishment of debt Total $ 23 For the three months ended September 30, 2016: Interest rate contracts $ 1 Interest expense Total $ 1 For the nine months ended September 30, 2016: Interest rate contracts $ 8 Interest expense Total $ 8
Schedule Of Derivative Instruments Not Designated As Hedging Instruments	The following table presents the impact of derivative instruments not designated as hedging instruments under U.S. GAAP to the unaudited Condensed Consolidated Statements of Income: Amount of Gain (Loss) Location of Gain (Loss) (in millions) Recognized in Income Recognized in Income For the three months ended September 30, 2017: Commodity contracts (1) $ 11 Cost of sales Commodity contracts (1) 11 SG&A expenses Total $ 22 For the nine months ended September 30, 2017: Commodity contracts (1) $ 28 Cost of sales Commodity contracts (1) (8 ) SG&A expenses Interest rate contracts (2) 1 Interest expense Total $ 21 For the three months ended September 30, 2016: Commodity contracts (1) $ 2 Cost of sales Commodity contracts (1) 1 SG&A expenses Total $ 3 For the nine months ended September 30, 2016: Commodity contracts (1) $ 11 Cost of sales Commodity contracts (1) 9 SG&A expenses Total $ 20 ____________________________ (1) Commodity contracts include both realized and unrealized gains and losses. (2) Represents gains on the interest rate contracts related to the 2022 Notes prior to re-designation of hedging relationship in January 2017.

Other Non-Current Assets and 34

Other Non-Current Assets and Other Non-Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2017
Other Non-Current Assets and Other Non-Current Liabilities [Abstract]
Other noncurrent assets and other noncurrent liabilities consisted	The table below details the components of other non-current assets and other non-current liabilities: September 30, December 31, (in millions) 2017 2016 Other non-current assets: Customer incentive programs $ 80 $ 57 Marketable securities - trading 46 35 Derivative instruments 35 41 Cost method investments (1) 1 16 Non-current restricted cash and restricted cash equivalents (2) 10 — Other 43 34 Total other non-current assets $ 215 $ 183 Other non-current liabilities: Long-term payables due to Mondelēz International, Inc. $ 17 $ 21 Long-term pension and post-retirement liability (3) 18 41 Insurance liability 59 67 Derivative instruments 3 7 Deferred compensation liability 46 35 Holdback liability to former Bai Brands shareholders (2) 10 — Acquired contingent liabilities (2) 21 — Other 30 38 Total other non-current liabilities $ 204 $ 209 ____________________________ (1) Decrease in cost method investments resulted from our consummation of the Bai Brands Merger, as we had a cost method investment in Bai Brands as of December 31, 2016 . Refer to Note 2 for additional information regarding the Bai Brands Merger and treatment of our previously held interest in Bai Brands. (2) Refer to Note 2 for additional information on non-current restricted cash and restricted cash equivalents, the corresponding holdback liability to former Bai Brands shareholders, and the acquired contingent liabilities, as of September 30, 2017 . (3) Refer to Note 10 for additional information regarding the remeasurement of one of the U.S. defined benefit pension plans as of September 30, 2017.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2017
Retirement Benefits, Description [Abstract]
Schedule of Contributions to Pension Plans [Table Text Block]	Additionally, the Company made the following contributions to its pension plans: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Employer contributions to funded U.S. pension plans $ 22 $ 7 $ 22 $ 7

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016 : September 30, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (in millions) Level 1 Level 2 Level 3 Commodity contracts $ — $ 33 $ — Interest rate contracts — 23 — Marketable securities - trading 46 — — Total assets $ 46 $ 56 $ — Commodity contracts $ — $ 2 $ — Interest rate contracts — 5 — Foreign exchange forward contracts — 3 — Total liabilities $ — $ 10 $ — December 31, 2016 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (in millions) Level 1 Level 2 Level 3 Commodity contracts $ — $ 21 $ — Interest rate contracts — 39 — Marketable securities - trading 35 — — Total assets $ 35 $ 60 $ — Commodity contracts $ — $ 1 $ — Interest rate contracts — 8 — Foreign exchange forward contracts — — — Total liabilities $ — $ 9 $ —
Fair Value Measurements, Nonrecurring	The carrying values and estimated fair values of the Company 's financial instruments that are not required to be measured at fair value in the unaudited Condensed Consolidated Balance Sheet are as follows: Fair Value Hierarchy Level September 30, 2017 December 31, 2016 (in millions) Carrying Amount Fair Value Carrying Amount Fair Value Assets: Cash and cash equivalents (1) 1 $ 66 $ 66 $ 1,787 $ 1,787 Restricted cash and restricted cash equivalents (1) 1 99 99 — — Liabilities: Commercial Paper 2 70 70 — — Long-term debt – 2018 Notes (2) 2 — — 364 389 Long-term debt – 2019 Notes (2) 2 250 252 249 254 Long-term debt – 2020 Notes (2) 2 247 249 247 248 Long-term debt – 2021-A Notes (2) 2 250 257 249 256 Long-term debt – 2021-B Notes (2) 2 247 251 246 248 Long-term debt – 2022 Notes (2) 2 269 251 273 247 Long-term debt – 2023 Notes (2) 2 496 509 495 500 Long-term debt – 2025 Notes (2) 2 495 508 495 498 Long-term debt – 2026 Notes (2) 2 397 376 396 370 Long-term debt – 2027 Notes (2) 2 498 504 397 398 Long-term debt – 2038 Notes (2) 2 135 175 270 347 Long-term debt – 2045 Notes (2) 2 558 582 247 253 Long-term debt – 2046 Notes (2) 2 397 420 397 407 ____________________________ (1) Cash equivalents and restricted cash equivalents are composed of certificates of deposit, money market funds, time deposits and other interest-bearing investments with original maturity dates of three months or less. Cash equivalents and restricted cash equivalents are recorded at cost, which approximates fair value. (2) The fair value amounts of long term debt were based on current market rates available to the Company . The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all debt and related unamortized costs to be incurred at such date. The carrying amount includes the unamortized premium or discounts and issuance costs on the issuance of debt and impact of interest rate swaps designated as fair value hedges and other hedge related adjustments. Refer to Note 7 for additional information regarding the notes subject to fair value hedges.

Stock Based Compensation (Table

Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Compensation Expense	The components of stock-based compensation expense are presented below: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Total stock-based compensation expense $ 10 $ 11 $ 26 $ 33 Income tax benefit recognized in the Statements of Income (4 ) (4 ) (9 ) (12 ) Stock-based compensation expense, net of tax $ 6 $ 7 $ 17 $ 21
Schedule of Share-based Compensation, Stock Options, Activity	The table below summarizes stock option activity for the nine months ended September 30, 2017 : Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 1,342,921 $ 70.83 7.93 $ 27 Granted 423,745 94.62 Exercised (376,846 ) 53.16 16 Forfeited or expired (14,427 ) 90.18 Outstanding as of September 30, 2017 1,375,393 82.80 8.11 12 Exercisable as of September 30, 2017 559,491 70.53 7.16 10
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The table below summarizes RSU activity for the nine months ended September 30, 2017 . The fair value of RSU s is determined based on the number of units granted and the grant date price of the Company's common stock. RSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 1,218,244 $ 71.08 0.80 $ 110 Granted 407,180 94.46 Vested and released (616,647 ) 58.05 58 Forfeited (48,320 ) 89.89 Outstanding as of September 30, 2017 960,457 88.41 1.06 85
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]	The table below summarizes PSU activity for the nine months ended September 30, 2017 . The fair value of PSU s is determined based on the number of units granted and the grant date price of the Company's common stock. PSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of January 1, 2017 374,618 $ 64.86 0.89 $ 34 Granted 119,879 93.28 Performance adjustment (1) 146,807 76.17 Vested and released (296,821 ) 51.78 28 Forfeited (13,223 ) 80.07 Outstanding as of September 30, 2017 331,260 55.69 1.24 29 ____________________________ (1) For PSU s which vested during the nine months ended September 30, 2017 , the Company awarded additional PSU s, as actual results measured at the end of the performance period exceeded target performance levels.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted, by Common Class	The following table presents the basic and diluted EPS and the Company's basic and diluted shares outstanding: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions, except per share data) 2017 2016 2017 2016 Basic EPS: Net income $ 203 $ 240 $ 568 $ 682 Weighted average common shares outstanding 181.4 184.8 182.7 186.1 Earnings per common share — basic $ 1.12 $ 1.30 $ 3.11 $ 3.66 Diluted EPS: Net income $ 203 $ 240 $ 568 $ 682 Weighted average common shares outstanding 181.4 184.8 182.7 186.1 Effect of dilutive securities: Stock options 0.2 0.2 0.2 0.2 RSUs 0.4 0.7 0.5 0.7 PSUs 0.1 — 0.1 0.1 Weighted average common shares outstanding and common stock equivalents 182.1 185.7 183.5 187.1 Earnings per common share — diluted $ 1.11 $ 1.29 $ 3.09 $ 3.64

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated other comprehensive income (loss), net of taxes	The following tables provide a summary of changes in the balances of each component of AOCL , net of taxes: (in millions) Foreign Currency Translation Change in Pension Liability Cash Flow Hedges Accumulated Other Comprehensive Loss Balance as of July 1, 2017 $ (127 ) $ (36 ) $ (30 ) $ (193 ) OCI before reclassifications 1 3 — 4 Amounts reclassified from AOCL — 1 4 5 Net current period OCI 1 4 4 9 Balance as of September 30, 2017 $ (126 ) $ (32 ) $ (26 ) $ (184 ) (in millions) Foreign Currency Translation Change in Pension Liability Cash Flow Hedges Accumulated Other Comprehensive Loss Balance as of January 1, 2016 $ (125 ) $ (36 ) $ (34 ) $ (195 ) OCI before reclassifications (39 ) (5 ) — (44 ) Amounts reclassified from AOCL — 4 6 10 Net current year OCI (39 ) (1 ) 6 (34 ) Balance as of December 31, 2016 (164 ) (37 ) (28 ) (229 ) OCI before reclassifications 38 3 (7 ) 34 Amounts reclassified from AOCL — 2 9 11 Net current period OCI 38 5 2 45 Balance as of September 30, 2017 $ (126 ) $ (32 ) $ (26 ) $ (184 )
Schedule of Reclassifications out of AOCL and into Net Income	The following table presents the amount of loss reclassified from AOCL into the unaudited Condensed Consolidated Statements of Income: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) Location of Loss Reclassified from AOCL into Income 2017 2016 2017 2016 Loss on cash flow hedges: Interest rate contracts Interest expense $ (2 ) $ (2 ) $ (6 ) $ (6 ) Foreign exchange forward contracts Cost of sales (3 ) — (7 ) (1 ) Total (5 ) (2 ) (13 ) (7 ) Income tax benefit (1 ) (1 ) (4 ) (3 ) Total $ (4 ) $ (1 ) $ (9 ) $ (4 ) Defined benefit pension and postretirement plan items: Amortization of actuarial losses, net SG&A expenses $ (1 ) $ (1 ) $ (3 ) $ (3 ) Settlement loss SG&A expenses (1 ) — (1 ) — Total (2 ) (1 ) (4 ) (3 ) Income tax benefit (1 ) — (2 ) (1 ) Total $ (1 ) $ (1 ) $ (2 ) $ (2 ) Total reclassifications $ (5 ) $ (2 ) $ (11 ) $ (6 )

Supplemental Cash Flow Inform40

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported with the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows: September 30, December 31, (in millions) 2017 2016 Cash and cash equivalents $ 66 $ 1,787 Restricted cash and restricted cash equivalents (1) 89 — Non-current restricted cash and restricted cash equivalents included in Other non-current assets (1) 10 — Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows $ 165 $ 1,787 ____________________________ (1) Amounts included in restricted cash and restricted cash equivalents represent the holdback held in escrow in connection with the Bai Brands Merger. Refer to Note 2 for additional information on the Bai Brands Merger. The following table details supplemental cash flow disclosures of non-cash investing and financing activities: For the Nine Months Ended September 30, (in millions) 2017 2016 Supplemental cash flow disclosures of non-cash investing and financing activities: Dividends declared but not yet paid $ 106 $ 97 Capital expenditures included in accounts payable and other current liabilities 19 14 Holdback liability for acquisition of business 88 — Capital lease additions 28 17 Supplemental cash flow disclosures: Interest paid $ 88 $ 59 Income taxes paid 221 301

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Information about the Company 's operations by reporting segment is as follows: For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Segment Results – Net sales Beverage Concentrates $ 334 $ 323 $ 984 $ 952 Packaged Beverages 1,273 1,236 3,693 3,558 Latin America Beverages 133 121 370 352 Net sales $ 1,740 $ 1,680 $ 5,047 $ 4,862
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	For the Three Months Ended September 30, For the Nine Months Ended September 30, (in millions) 2017 2016 2017 2016 Segment Results – SOP Beverage Concentrates $ 218 $ 205 $ 641 $ 622 Packaged Beverages 189 208 526 592 Latin America Beverages 12 21 47 60 Total SOP 419 434 1,214 1,274 Unallocated corporate costs 52 64 219 180 Other operating income, net — (3 ) (30 ) (4 ) Income from operations 367 373 1,025 1,098 Interest expense, net 39 32 121 97 Loss on early extinguishment of debt 13 — 62 — Other income, net (2 ) (2 ) (6 ) (25 ) Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries $ 317 $ 343 $ 848 $ 1,026
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	September 30, December 31, (in millions) 2017 2016 Identifiable operating assets Beverage Concentrates $ 4,163 $ 4,108 Packaged Beverages (1) 5,291 3,474 Latin America Beverages 351 312 Segment total 9,805 7,894 Corporate and other (1) 210 1,874 Total identifiable operating assets 10,015 9,768 Investments in unconsolidated subsidiaries 24 23 Total assets $ 10,039 $ 9,791 ___________________________ (1) The primary driver of the change in identifiable operating assets from December 31, 2016 to September 30, 2017 in the Packaged Beverages segment and Corporate and other is the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger.

Guarantor and Non-Guarantor F42

Guarantor and Non-Guarantor Financial Information (Tables)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Consolidating Statements of Income	Condensed Consolidating Statements of Income For the Three Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 1,585 $ 191 $ (36 ) $ 1,740 Cost of sales — 637 106 (36 ) 707 Gross profit — 948 85 — 1,033 Selling, general and administrative expenses 2 582 56 — 640 Depreciation and amortization — 24 2 — 26 Other operating (income) expense, net — — — — — Income from operations (2 ) 342 27 — 367 Interest expense 71 22 — (53 ) 40 Interest income (19 ) (34 ) (1 ) 53 (1 ) Loss on extinguishment of debt 13 — — — 13 Other (income) expense, net (1 ) (1 ) — — (2 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (66 ) 355 28 — 317 Provision (benefit) for income taxes (24 ) 132 6 — 114 Income (loss) before equity in earnings of subsidiaries (42 ) 223 22 — 203 Equity in earnings of consolidated subsidiaries 245 22 — (267 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — — — — — Net income $ 203 $ 245 $ 22 $ (267 ) $ 203 Condensed Consolidating Statements of Income For the Three Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 1,547 $ 167 $ (34 ) $ 1,680 Cost of sales — 632 85 (34 ) 683 Gross profit — 915 82 — $ 997 Selling, general and administrative expenses 1 550 52 — 603 Depreciation and amortization — 22 2 — 24 Other operating (income) expense, net — 1 (4 ) — (3 ) Income from operations (1 ) 342 32 — 373 Interest expense 58 17 — (42 ) 33 Interest income (14 ) (27 ) (2 ) 42 (1 ) Other (income) expense, net 12 (15 ) 1 — (2 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (57 ) 367 33 — 343 Provision (benefit) for income taxes (21 ) 113 10 — 102 Income (loss) before equity in earnings of subsidiaries (36 ) 254 23 — 241 Equity in earnings of consolidated subsidiaries 276 24 — (300 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (2 ) 1 — (1 ) Net income $ 240 $ 276 $ 24 $ (300 ) $ 240 Condensed Consolidating Statements of Income For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 4,639 $ 520 $ (112 ) $ 5,047 Cost of sales — 1,859 285 (112 ) 2,032 Gross profit — 2,780 235 — 3,015 Selling, general and administrative expenses 5 1,782 157 — 1,944 Depreciation and amortization — 70 6 — 76 Other operating income, net — (30 ) — — (30 ) Income from operations (5 ) 958 72 — 1,025 Interest expense 206 61 — (143 ) 124 Interest income (53 ) (91 ) (2 ) 143 (3 ) Loss on extinguishment of debt 62 — — — 62 Other (income) expense, net (7 ) (2 ) 3 — (6 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (213 ) 990 71 — 848 Provision (benefit) for income taxes (78 ) 340 17 — 279 Income (loss) before equity in earnings of subsidiaries (135 ) 650 54 — 569 Equity in earnings of consolidated subsidiaries 703 54 — (757 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (1 ) — — (1 ) Net income $ 568 $ 703 $ 54 $ (757 ) $ 568 Condensed Consolidating Statements of Income For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Net sales $ — $ 4,475 $ 486 $ (99 ) $ 4,862 Cost of sales — 1,811 243 (99 ) 1,955 Gross profit — 2,664 243 — 2,907 Selling, general and administrative expenses 2 1,583 154 — 1,739 Depreciation and amortization — 69 5 — 74 Other operating income, net — 1 (5 ) — (4 ) Income from operations (2 ) 1,011 89 — 1,098 Interest expense 166 51 — (118 ) 99 Interest income (40 ) (75 ) (5 ) 118 (2 ) Other (income) expense, net 9 (39 ) 5 — (25 ) Income (loss) before provision (benefit) for income taxes and equity in earnings of subsidiaries (137 ) 1,074 89 — 1,026 Provision (benefit) for income taxes (51 ) 369 25 — 343 Income (loss) before equity in earnings of subsidiaries (86 ) 705 64 — 683 Equity in earnings of consolidated subsidiaries 768 65 — (833 ) — Equity in earnings of unconsolidated subsidiaries, net of tax — (2 ) 1 — (1 ) Net income $ 682 $ 768 $ 65 $ (833 ) $ 682
Condensed Consolidating Statements of Comprehensive Income	Condensed Consolidating Statements of Comprehensive Income For the Three Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 212 $ 253 $ 26 $ (279 ) $ 212 Condensed Consolidating Statements of Comprehensive Income For the Three Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 229 $ 263 $ 9 $ (272 ) $ 229 Condensed Consolidating Statements of Comprehensive Income For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 613 $ 744 $ 90 $ (834 ) $ 613 Condensed Consolidating Statements of Comprehensive Income For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Comprehensive income (loss) $ 664 $ 748 $ 54 $ (802 ) $ 664
Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheets As of September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Current assets: Cash and cash equivalents $ — $ 16 $ 50 $ — $ 66 Restricted cash and cash equivalents — 89 — — 89 Accounts receivable: Trade, net — 585 74 — 659 Other 7 36 4 — 47 Related party receivable 19 38 — (57 ) — Inventories — 228 33 — 261 Prepaid expenses and other current assets 449 131 18 (454 ) 144 Total current assets 475 1,123 179 (511 ) 1,266 Property, plant and equipment, net — 988 141 — 1,129 Investments in consolidated subsidiaries 8,832 344 — (9,176 ) — Investments in unconsolidated subsidiaries — 24 — — 24 Goodwill — 3,535 24 — 3,559 Other intangible assets, net — 3,733 53 — 3,786 Long-term receivable, related parties 3,259 5,957 — (9,216 ) — Other non-current assets 69 126 20 — 215 Deferred tax assets 18 — 60 (18 ) 60 Total assets $ 12,653 $ 15,830 $ 477 $ (18,921 ) $ 10,039 Current liabilities: Accounts payable $ — $ 354 $ 33 $ — $ 387 Related party payable 34 19 4 (57 ) — Deferred revenue — 70 1 (7 ) 64 Short-term borrowings and current portion of long-term obligations 70 12 — — 82 Income taxes payable — 455 2 (447 ) 10 Other current liabilities 159 603 54 — 816 Total current liabilities 263 1,513 94 (511 ) 1,359 Long-term obligations to third parties 4,239 160 — — 4,399 Long-term obligations to related parties 5,957 3,259 — (9,216 ) — Deferred tax liabilities — 895 — (18 ) 877 Non-current deferred revenue — 1,044 27 — 1,071 Other non-current liabilities 65 127 12 — 204 Total liabilities 10,524 6,998 133 (9,745 ) 7,910 Total stockholders' equity 2,129 8,832 344 (9,176 ) 2,129 Total liabilities and stockholders' equity $ 12,653 $ 15,830 $ 477 $ (18,921 ) $ 10,039 Condensed Consolidating Balance Sheets As of December 31, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Current assets: Cash and cash equivalents $ — $ 1,736 $ 51 $ — $ 1,787 Restricted cash and cash equivalents — — — — — Accounts receivable: Trade, net — 540 55 — 595 Other 3 39 9 — 51 Related party receivable 15 37 — (52 ) — Inventories — 178 24 — 202 Prepaid and other current assets 379 84 7 (369 ) 101 Total current assets 397 2,614 146 (421 ) 2,736 Property, plant and equipment, net — 1,007 131 — 1,138 Investments in consolidated subsidiaries 8,067 302 — (8,369 ) — Investments in unconsolidated subsidiaries — 23 — — 23 Goodwill — 2,972 21 — 2,993 Other intangible assets, net — 2,609 47 — 2,656 Long-term receivable, related parties 3,209 5,077 — (8,286 ) — Other non-current assets 64 107 12 — 183 Deferred tax assets 20 — 62 (20 ) 62 Total assets $ 11,757 $ 14,711 $ 419 $ (17,096 ) $ 9,791 Current liabilities: Accounts payable $ — $ 276 $ 27 $ — $ 303 Related party payable 31 14 7 (52 ) — Deferred revenue — 63 1 — 64 Short-term borrowings and current portion of long-term obligations — 10 — — 10 Income taxes payable — 372 1 (369 ) 4 Other current liabilities 128 502 40 — 670 Total current liabilities 159 1,237 76 (421 ) 1,051 Long-term obligations to third parties 4,325 143 — — 4,468 Long-term obligations to related parties 5,077 3,209 — (8,286 ) — Deferred tax liabilities (1 ) 833 — (20 ) 812 Non-current deferred revenue — 1,091 26 — 1,117 Other non-current liabilities 63 131 15 — 209 Total liabilities 9,623 6,644 117 (8,727 ) 7,657 Total stockholders' equity 2,134 8,067 302 (8,369 ) 2,134 Total liabilities and stockholders' equity $ 11,757 $ 14,711 $ 419 $ (17,096 ) $ 9,791
Condensed Consolidating Statements of Cash Flows	Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2017 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Operating activities: Net cash (used in) provided by operating activities $ (166 ) $ 896 $ 50 $ (48 ) $ 732 Investing activities: Acquisition of business — (1,553 ) — — (1,553 ) Cash acquired in step acquisition of unconsolidated subsidiaries — 3 — — 3 Purchase of property, plant and equipment — (76 ) (9 ) — (85 ) Investment in unconsolidated subsidiaries — (3 ) — — (3 ) Purchase of intangible assets — (5 ) — — (5 ) Proceeds from disposals of property, plant and equipment — 3 — — 3 Issuance of related party notes receivable — (881 ) — 881 — Other, net (6 ) 3 — — (3 ) Net cash (used in) provided by investing activities (6 ) (2,509 ) (9 ) 881 (1,643 ) Financing activities: Proceeds from issuance of related party debt 881 — — (881 ) — Proceeds from issuance of senior unsecured notes 400 — — — 400 Repayment of senior unsecured notes (562 ) — — — (562 ) Net issuance of commercial paper 70 — — — 70 Repurchase of shares of common stock (320 ) — — — (320 ) Dividends paid (309 ) — (48 ) 48 (309 ) Tax withholdings related to net share settlements of certain stock awards (30 ) — — — (30 ) Proceeds from stock options exercised 20 — — — 20 Premium (discount) on issuance of senior unsecured notes 16 — — — 16 Proceeds from termination of interest rate swap 13 — — — 13 Deferred financing charges paid (5 ) — — — (5 ) Capital lease payments — (8 ) — — (8 ) Other, net (2 ) — — — (2 ) Net cash (used in) provided by financing activities 172 (8 ) (48 ) (833 ) (717 ) Cash and cash equivalents — net change from: Operating, investing and financing activities — (1,621 ) (7 ) — (1,628 ) Effect of exchange rate changes on cash and cash equivalents — — 6 — 6 Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period — 1,736 51 — 1,787 Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period $ — $ 115 $ 50 $ — $ 165 Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2016 (in millions) Parent Guarantors Non-Guarantors Eliminations Total Operating activities: Net cash (used in) provided by operating activities $ (125 ) $ 765 $ 65 $ — $ 705 Investing activities: Acquisition of business — — (15 ) — (15 ) Cash acquired in step acquisition of unconsolidated subsidiaries — — 17 — 17 Purchase of property, plant and equipment — (79 ) (31 ) — (110 ) Purchase of intangible assets — — (1 ) — (1 ) Purchase of cost method investment — (1 ) — — (1 ) Investments in unconsolidated subsidiaries — (6 ) — — (6 ) Proceeds from disposals of property, plant and equipment — 4 — — 4 Issuance of related party notes receivable — (1,002 ) — 1,002 — Other, net (7 ) — — — (7 ) Net cash (used in) provided by investing activities (7 ) (1,084 ) (30 ) 1,002 (119 ) Financing activities: Proceeds from issuance of related party debt 1,002 — — (1,002 ) — Proceeds from issuance of senior unsecured notes 400 — — — 400 Repayment of senior unsecured notes (500 ) — — — (500 ) Repurchase of shares of common stock (460 ) — — — (460 ) Dividends paid (288 ) — — — (288 ) Tax withholdings related to net share settlements of certain stock awards (31 ) — — — (31 ) Proceeds from stock options exercised 14 — — — 14 Premium (discount) on issuance of senior unsecured notes (1 ) — — — (1 ) Deferred financing charges paid (3 ) — — — (3 ) Capital lease payments — (6 ) — — (6 ) Other, net (1 ) — — — (1 ) Net cash (used in) provided by financing activities 132 (6 ) — (1,002 ) (876 ) Cash and cash equivalents — net change from: Operating, investing and financing activities — (325 ) 35 — (290 ) Effect of exchange rate changes on cash and cash equivalents — — (1 ) — (1 ) Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period — 859 52 — 911 Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period $ — $ 534 $ 86 $ — $ 620

General (Details)

General (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash provided by operating activities			$ 732	$ 705
Income Tax Expense (Benefit)	$ 114	$ 102	279	343
Net cash used in financing activities			(717)	(876)
Adjustments for New Accounting Pronouncement [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash provided by operating activities				22
Income Tax Expense (Benefit)	$ 0		$ (19)
Net cash used in financing activities				$ (22)

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions		1 Months Ended	3 Months Ended			9 Months Ended
		Jan. 31, 2017	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Nov. 21, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Gain on step acquisition of unconsolidated subsidiaries						$ 28	$ 5
Business Combination, Indemnification Holdback			$ 88		$ 0	$ 88	0
Finite-Lived Intangible Asset, Useful Life						6 years
Goodwill			3,559			$ 3,559		$ 2,993		$ 2,988
Bai Brands LLC [Member]
Business Acquisition [Line Items]
Business Combination, Consideration per Merger Agreement									$ 1,700
Business Combination, Consideration Transferred		$ 1,548				1,553
Business Combination, Total Holdback		$ 103	88			88
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage		2.63%
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value		$ 43
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized						2
Deferred Compensation Arrangement with Individual, Compensation Expense			2			4
NonEmployeeTotalCompensationCostNotYetRecognized-Acquiree			9			$ 9
NonEmployeeTotalCompensationCostRemainingPeriod						12 months
Preliminary Purchase Price	[1]		1,639			$ 1,639
Business Combination, Indemnification Holdback		$ 90
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Working Capital Adjustments						11
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment			4			4
Goodwill			563			563
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other			(13)			(13)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net			1,679			1,679
Business Combination, Liabilities Arising from Contingencies, Amount Recognized			32			32
Business Acquisition, Pro Forma Revenue			1,740		1,695	5,049	4,902
Business Acquisition, Pro Forma Net Income (Loss)			200		$ 227	552	$ 642
Business Combination, Pro Forma Information, Net Sales			77			182
Business Combination, Pro Forma Information, Intercompany Net Sales			(56)			(131)
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual			21			51
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual			(2)			(13)
Business Combination, Pro Forma Information, Intercompany impact on Earnings or Loss of Acquiree since Acquisition Date, Actual	[2]		(2)			(9)
Business Combination, Pro Forma Information, Impact on Consolidated Net Income of Earnings or Loss of Acquiree since Acquisition Date, Actual			(4)			(22)
Bai Brands LLC [Member] | Other Operating Income (Expense) [Member]
Business Acquisition [Line Items]
Gain on step acquisition of unconsolidated subsidiaries				$ 28
Bai Brands LLC [Member] | Selling, General and Administrative Expenses [Member]
Business Acquisition [Line Items]
Business Acquisition, Transaction Costs			1			21
2018 [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Business Combination, Indemnification Holdback			69			69
2020 [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Business Combination, Indemnification Holdback			10			10
Customer Relationships [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Assets, Gross	[3]		106			$ 106		76
Finite-Lived Intangible Asset, Useful Life						7 years
Customer Relationships [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Assets, Gross			30			$ 30
Finite-Lived Intangible Asset, Useful Life						7 years
Non-compete agreements [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Assets, Gross	[3]		22			$ 22		0
Finite-Lived Intangible Asset, Useful Life						4 years
Non-compete agreements [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Assets, Gross			22			$ 22
Brands [Member]
Business Acquisition [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	[3]		3,699			3,699		$ 2,621
Brands [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)			$ 1,073			$ 1,073
Minimum [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Property, Plant and Equipment, Useful Life						5 years
Minimum [Member] | Non-compete agreements [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life						2 years
Maximum [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Property, Plant and Equipment, Useful Life						10 years
Maximum [Member] | Non-compete agreements [Member] | Bai Brands LLC [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life						4 years
[1]	The preliminary purchase price excludes the impact of the Company's pre-existing ownership interest.
[2]	Impact of intercompany activity includes the elimination of intercompany net sales and the deferral of gross profit recognition on shipments of product still in Packaged Beverages Excluding Bai inventory for the three and nine months ended September 30, 2017, net of tax.
[3]	As a result of the Bai Brands Merger, the Company recorded indefinite lived brand assets of $1,073 million and definite lived non-compete agreements and customer relationships of $22 million and $30 million, respectively. Refer to Note 2 for additional information. The remaining $5 million increase in brands with indefinite lives is due to foreign currency translation.

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 81		$ 81		$ 77
Spare parts	23		23		22
Work in process	7		7		5
Finished goods	185		185		130
Inventories at first in first out cost	296		296		234
Reduction to LIFO cost	(35)		(35)		(32)
Inventories	261		261		202
Inventory accounted for under the LIFO method	205		205		$ 158
Effect of LIFO Inventory Liquidation on Income	$ 0	$ 3	$ 0	$ 5

Prepaid Expenses and Other Cu46

Prepaid Expenses and Other Current Assets and Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2017		Dec. 31, 2016
Prepaid Expenses and Other Current Assets and Other Current Liabilities [Abstract]
Customer incentive programs	$ 50		$ 24
Derivative instruments	21		19
Prepaid income taxes	14		18
Current assets held for sale	0		1
Other	59		39
Total prepaid expenses and other current assets	144		101
Customer rebates and incentives	308		280
Accrued compensation	113		134
Insurance liability	38		36
Interest accrual	45		24
Dividends payable	106		97
Derivative instruments	7		2
Holdback liability, current	78	[1]	0
Other	121		97
Total other current liabilities	$ 816		$ 670
[1]	Refer to Note 2 for additional information on holdback liability to former Bai Brands shareholders as of September 30, 2017.

Goodwill and Other Intangible47

Goodwill and Other Intangible Assets, Goodwill (Details) - USD ($) $ in Millions		9 Months Ended		12 Months Ended
		Sep. 30, 2017		Dec. 31, 2016		Dec. 31, 2015
Change in goodwill by operating segments [Abstract]
Goodwill		$ 3,739		$ 3,173		$ 3,168
Accumulated impairment losses		(180)		(180)		(180)
Goodwill, net		3,559		2,993		2,988
Foreign currency impact		3		(3)
Acquisition activity		563		8	[1]
Beverage Concentrates [Member]
Change in goodwill by operating segments [Abstract]
Goodwill		1,733		1,733		1,733
Accumulated impairment losses		0		0		0
Goodwill, net		1,733		1,733		1,733
Foreign currency impact		0		0
Acquisition activity		0		0
WD Reporting Unit [Member]
Change in goodwill by operating segments [Abstract]
Goodwill	[2]	1,222		1,222		1,222
Accumulated impairment losses	[2]	0		0		0
Goodwill, net	[2]	1,222		1,222		1,222
Foreign currency impact	[2]	0		0
Acquisition activity	[2]	0		0
DSD Reporting Unit [Member]
Change in goodwill by operating segments [Abstract]
Goodwill	[2]	189		189		189
Accumulated impairment losses	[2]	(180)		(180)		(180)
Goodwill, net	[2]	9		9		9
Foreign currency impact	[2]	0		0
Acquisition activity	[2]	0		0
Bai [Member]
Change in goodwill by operating segments [Abstract]
Goodwill		563		0		0
Accumulated impairment losses		0		0		0
Goodwill, net		563		0		0
Foreign currency impact		0		0
Acquisition activity		563	[3]	0
Latin America Beverages [Member]
Change in goodwill by operating segments [Abstract]
Goodwill		32		29		24
Accumulated impairment losses		0		0		0
Goodwill, net		32		29		$ 24
Foreign currency impact		3		(3)
Acquisition activity		$ 0		$ 8	[1]
[1]	Goodwill was recorded to the Latin America Beverages reporting unit during 2016 as a result of the step acquisition of Industria Embotelladora de Bebidas Mexicanas and Embotelladora Mexicana de Agua, S.A. de C.V.
[2]	The Packaged Beverages Excluding Bai operating segment is comprised of two reporting units, the Direct Store Delivery ("DSD") system and the Warehouse Direct ("WD") system.
[3]	Goodwill was recorded to Bai during the nine months ended September 30, 2017 as a result of the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger.

Goodwill and Other Intangible48

Goodwill and Other Intangible Assets, Intangible Assets (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Change in intangible assets other than goodwill [Abstract]
Intangible Assets Gross Excluding Goodwill		$ 3,923		$ 3,923		$ 2,788
Accumulated amortization		(137)		(137)		(132)
Intangible Assets, Net (Excluding Goodwill)		3,786		3,786		2,656
Foreign currency translation adjustment				$ 5
Finite-lived intangible asset, useful life				6 years
Amortization of Intangible Assets		2	$ 1	$ 5	$ 3
Amortization expense of intangible assets [Abstract]
October 1, 2017 through December 31, 2017		1		1
2,018		16		16
2,019		13		13
2,020		9		9
2,021		6		6
Brands [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross		29		29		29
Accumulated amortization		(29)		(29)		(29)
Finite-Lived Intangible Assets, Net		0		0		0
Distribution rights [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross		16		16		16
Accumulated amortization		(10)		(10)		(8)
Finite-Lived Intangible Assets, Net		6		$ 6		8
Finite-lived intangible asset, useful life				9 years
Customer relationships [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross	[1]	106		$ 106		76
Accumulated amortization		(78)		(78)		(76)
Finite-Lived Intangible Assets, Net		28		$ 28		0
Finite-lived intangible asset, useful life				7 years
Non-compete agreements [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross	[1]	22		$ 22		0
Accumulated amortization		(1)		(1)		0
Finite-Lived Intangible Assets, Net		21		$ 21		0
Finite-lived intangible asset, useful life				4 years
Bottler agreements [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross		19		$ 19		19
Accumulated amortization		(19)		(19)		(19)
Finite-Lived Intangible Assets, Net		0		0		0
Brands [Member]
Change in intangible assets other than goodwill [Abstract]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	[1]	3,699		3,699		2,621
Distribution rights [Member]
Change in intangible assets other than goodwill [Abstract]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	[1],[2]	32		32		$ 27
Amortization expense of intangible assets [Abstract]
Indefinite-lived Intangible Assets Acquired				5
Bai Brands LLC [Member] | Customer relationships [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross		30		$ 30
Finite-lived intangible asset, useful life				7 years
Bai Brands LLC [Member] | Non-compete agreements [Member]
Change in intangible assets other than goodwill [Abstract]
Finite-Lived Intangible Assets, Gross		22		$ 22
Bai Brands LLC [Member] | Brands [Member]
Change in intangible assets other than goodwill [Abstract]
Indefinite-Lived Intangible Assets (Excluding Goodwill)		$ 1,073		$ 1,073
[1]	As a result of the Bai Brands Merger, the Company recorded indefinite lived brand assets of $1,073 million and definite lived non-compete agreements and customer relationships of $22 million and $30 million, respectively. Refer to Note 2 for additional information. The remaining $5 million increase in brands with indefinite lives is due to foreign currency translation.
[2]	In 2017, the Company reacquired certain indefinite lived distribution rights for $5 million.

Debt (Details)

Debt (Details) - USD ($) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2017	Nov. 16, 2016	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Dec. 14, 2016	Nov. 21, 2016	Sep. 16, 2016	Aug. 10, 2016	Nov. 09, 2015	Nov. 20, 2012	Nov. 15, 2011	Apr. 30, 2008
Debt Instrument [Line Items]
Carrying Amount		$ 4,239			$ 4,239			$ 4,325
Capital lease obligations		172			172			153
Long-term Debt and Capital Lease Obligations, Including Current Maturities		4,411			4,411			4,478
Long-term Debt and Capital Lease Obligations, Current		(12)			(12)			(10)
Long-term obligations		4,399			4,399			4,468
Commercial paper		70			70			0
Current portion of capital lease obligations		12			12			10
Short-term borrowings and current portion of long-term obligations		82			82			10
Senior Unsecured Notes [Abstract]
Senior unsecured notes, principal amount		4,225			4,225
Debt Instrument, Unamortized Premium							$ 16
Premium (Discount) on Issuance of Long-term Debt					16	$ (1)
Extinguishment of Debt Disclosures [Abstract]
Gain (Loss) on Extinguishment of Debt		13		$ 0	62	$ 0
Gain (Loss) on Fair Value Hedges Recognized in Earnings					13
Credit Facilities [Abstract]
Line of Credit, Maximum Increase		250			$ 250
Debt Instrument Abr Interest Rate Percentage					0.50%
Debt Instrument, Interest Rate, Adjustment to LIBOR					1.00%
Shelf Registration Statement [Abstract]
Debt Securities Authorized			$ 2,000								$ 1,600	$ 2,000
Debt Securities Authorized, Increase (Decrease)			$ 400
Debt Securities Authorized Unutilized Amount		450			$ 450
Extinguishment One [Member]
Extinguishment of Debt Disclosures [Abstract]
Gain (Loss) on Extinguishment of Debt					49
Standby Letters of Credit [Member]
Credit Facilities [Abstract]
Maximum borrowing capacity of facility		120			120
Amounts utilized under the facility		60			60
Remaining borrowing capacity under the facility		60			60
Line of Credit [Member]
Senior Unsecured Notes [Abstract]
Debt issuance costs		1			1
Credit Facilities [Abstract]
Maximum borrowing capacity of facility		500			500
Amounts utilized under the facility		0			0
Remaining borrowing capacity under the facility		430			430
2018 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	0			0			364
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate																6.82%
Senior unsecured notes, principal amount		0			0
2018 Notes [Member] | Extinguishment One [Member]
Extinguishment of Debt Disclosures [Abstract]
Extinguishment of Debt, Amount					63
2018 Notes [Member] | Extinguishment Two [Member]
Extinguishment of Debt Disclosures [Abstract]
Extinguishment of Debt, Amount					301
Gain (Loss) on Extinguishment of Debt					(13)
2019 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	250			250			249
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate															2.60%
Senior unsecured notes, principal amount		250			250
2020 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	247			247			247
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate														2.00%
Senior unsecured notes, principal amount		250			250
2021 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	250			250			249
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate															3.20%
Senior unsecured notes, principal amount		250			250
2021-B Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	247			247			246
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate									2.53%
Senior unsecured notes, principal amount		250			250
2022 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	269			269			273
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate														2.70%
Senior unsecured notes, principal amount		250			250
2023 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	496			496			495
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate									3.13%
Senior unsecured notes, principal amount		500			500
2025 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	495			495			495
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate													3.40%
Senior unsecured notes, principal amount		500			500
2026 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	397			397			396
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate											2.55%
Senior unsecured notes, principal amount		400			400						$ 400
2027 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	498			498			397
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate									3.43%
Senior unsecured notes, principal amount		500			500
2038 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	135			135			270
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate																7.45%
Senior unsecured notes, principal amount		125			125
Extinguishment of Debt Disclosures [Abstract]
Extinguishment of Debt, Amount					125
2038 Notes [Member] | Termination of Hedge [Member]
Extinguishment of Debt Disclosures [Abstract]
Gain (Loss) on Fair Value Hedges Recognized in Earnings					13
Tendered Notes [Member] | Extinguishment One [Member]
Extinguishment of Debt Disclosures [Abstract]
Gain (Loss) on Extinguishment of Debt					(62)
2045 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	558			558			247
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate													4.50%
Senior unsecured notes, principal amount		550			550
Revolving Letters of Credit [Member] | Line of Credit [Member]
Credit Facilities [Abstract]
Amounts utilized under the facility		0			0
Remaining borrowing capacity under the facility		75			75
BridgeFacility [Member]
Credit Facilities [Abstract]
Debt Instrument, Unused Borrowing Capacity, Amount										$ 1,700
2046 Notes [Member]
Debt Instrument [Line Items]
Carrying Amount	[1]	397			397			$ 397
Senior Unsecured Notes [Abstract]
Senior unsecured notes, stated interest rate									4.42%
Senior unsecured notes, principal amount		400			400
Private Offering Notes [Member]
Senior Unsecured Notes [Abstract]
Senior unsecured notes, principal amount		400			400
Debt issuance costs							$ 4
Private Offering 2027 Notes [Member]
Senior Unsecured Notes [Abstract]
Senior unsecured notes, principal amount		100			100
Private Offering 2045 Notes [Member]
Senior Unsecured Notes [Abstract]
Senior unsecured notes, principal amount		$ 300			$ 300
Senior Unsecured Notes Group Five [Member]
Senior Unsecured Notes [Abstract]
Senior unsecured notes, principal amount									$ 1,550
Numerator [Member]
Credit Facilities [Abstract]
Ratio of Indebtedness to EBITDA					3.50
Denominator [Member]
Credit Facilities [Abstract]
Ratio of Indebtedness to EBITDA					1
Material Acquisition Period Numerator [Member]
Credit Facilities [Abstract]
Ratio of Indebtedness to EBITDA					4
Material Acquisition Period Denominator [Member]
Credit Facilities [Abstract]
Ratio of Indebtedness to EBITDA					1
Minimum [Member] | Floating Rate Per Annum Based ABR Loans [Member]
Credit Facilities [Abstract]
Debt Instrument, Interest Rate, Margin Percentage					0.00%
Minimum [Member] | Eurodollar [Member]
Credit Facilities [Abstract]
Debt Instrument, Interest Rate, Margin Percentage					0.805%
Maximum [Member] | Floating Rate Per Annum Based ABR Loans [Member]
Credit Facilities [Abstract]
Debt Instrument, Interest Rate, Margin Percentage					0.30%
Maximum [Member] | Eurodollar [Member]
Credit Facilities [Abstract]
Debt Instrument, Interest Rate, Margin Percentage					1.30%
[1]	The fair value amounts of long term debt were based on current market rates available to the Company. The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all debt and related unamortized costs to be incurred at such date. The carrying amount includes the unamortized premium or discounts and issuance costs on the issuance of debt and impact of interest rate swaps designated as fair value hedges and other hedge related adjustments. Refer to Note 7 for additional information regarding the notes subject to fair value hedges.

Derivatives Derivatives - Discu

Derivatives Derivatives - Discussion (Details) $ in Millions		9 Months Ended			12 Months Ended
		Sep. 30, 2017USD ($)Instrument		Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)Instrument	Feb. 28, 2015USD ($)	Dec. 31, 2012USD ($)Instrument	Dec. 31, 2011USD ($)Instrument
Derivative [Line Items]
Proceeds from Hedge, Financing Activities		$ 13		$ 0
Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount		1,070
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		28			$ 41
Foreign Exchange Forward [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount		55			7
Commodity Contract [Member] | Not Designated as Hedging Instrument, Economic Hedge [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Notional Amount		221			296
2019 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Instrument								2
Derivative, Notional Amount								$ 100
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		0			0
2021 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Instrument								2
Derivative, Notional Amount								$ 150
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		1			0
2020 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Instrument							5
Derivative, Notional Amount							$ 120
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		$ (2)			(2)
2022 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge				$ 25
Derivative, Number of Instruments Held | Instrument	[1]	4
Derivative, Notional Amount	[1]	$ 250
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		21			24
2038 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge		$ 26
Derivative, Number of Instruments Held | Instrument	[2]	1
Derivative, Notional Amount		$ 50	[2]			$ 100
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		11			$ 22
2038 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge		13
2021-B Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Instrument					2
Derivative, Notional Amount					$ 250
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		(2)			$ (2)
2023 Notes [Member] | Interest Rate Contract [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held | Instrument					2
Derivative, Notional Amount					$ 150
Increase (Decrease) in Fair Value of Hedged Item in Interest Rate Fair Value Hedge		$ (1)			$ (1)
Minimum [Member] | Foreign Exchange Forward [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Lower Remaining Maturity Range		1 month
Maximum [Member] | Foreign Exchange Forward [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Lower Remaining Maturity Range		12 months
[1]	In October 2016, the Company de-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes. The Company will amortize $25 million into earnings over the remaining term of the 2022 Notes which represents the increase to the carrying value of the debt upon de-designation consisting of changes in fair market value of the debt, pull to par adjustments and ineffectiveness recorded under the previous hedging relationship. The Company recorded the change in the fair value of the interest rate swaps after de-designation into interest expense.In January 2017, the Company re-designated the hedging relationships between the four outstanding interest rate swaps and the 2022 Notes, which were de-designated in 2016. The Company uses regression analysis to assess the prospective and retrospective effectiveness of these hedging relationships.
[2]	In June 2017, and in connection with the partial redemption of the 2038 Notes, the Company modified and partially terminated the outstanding interest rate swap on the 2038 Notes with a notional amount of $100 million and maturing in May 2038. The modified interest rate swap has identical terms to the original interest rate swap, except for a reduced notional amount of $50 million. The Company received $13 million as settlement for the modification and partial termination of the swap.As a result of this transaction, the Company de-designated the original hedging relationship. Under the original hedging relationship, the Company recorded $26 million as an increase to the carrying value of debt due to changes in the fair market value of the debt, pull to par adjustments and ineffectiveness. The Company recognized a $13 million gain into earnings, which reduced the loss on early extinguishment of debt, as part of the partial redemption of the 2038 Notes. The remaining $13 million increase in the carrying value of the outstanding 2038 Notes will be amortized into earnings over the remaining term of the 2038 Notes. The Company then designated the new interest rate swap contract as a fair value hedge with a notional amount of $50 million and maturing in May 2038 in order to effectively convert a portion of the outstanding 2038 Notes from fixed-rate debt to floating-rate debt. The Company uses regression analysis to assess the prospective and retrospective effectiveness of this hedging relationship.

Derivatives Derivatives - Fair

Derivatives Derivatives - Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	$ 56	$ 60
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	10	9
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	2	6
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	21	21
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	4	1
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	1	7
Interest Rate Contract [Member] | Not Designated as Hedging Instrument [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0	4
Interest Rate Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0	8
Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	3	0
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	19	9
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	14	12
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0	1
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ 2	$ 0

Derivatives Derivatives - Impac

Derivatives Derivatives - Impact on Net Income (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Fair Value Hedges Recognized in Earnings				$ 13
Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net			$ 0	1	$ 2
Derivative, Gain (Loss) on Derivative, Net		$ 3	1	23	8
Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net		0	0	0	0
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		0	0	(10)	(1)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net		(5)	(2)	(13)	(7)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months				(12)
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net		22	3	21	20
Commodity Contract [Member] | Cost of Sales [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	[1]	11	2	28	11
Commodity Contract [Member] | Selling, General and Administrative Expenses [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	[1]	11	1	(8)	9
Interest Rate Contract [Member] | Interest Expense [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss) on Derivative, Net		3	1	10	8
Interest Rate Contract [Member] | Interest Expense [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		0	0	0	0
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net		(2)	(2)	(6)	(6)
Interest Rate Contract [Member] | Interest Expense [Member] | Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	[2]			1
Interest Rate Contract [Member] | Loss on early extinguishment of debt [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Fair Value Hedges Recognized in Earnings		0		13
Foreign Exchange Forward [Member] | Cost of Sales [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net		0	0	(10)	(1)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net		$ (3)	$ 0	$ (7)	$ (1)
[1]	Commodity contracts include both realized and unrealized gains and losses.
[2]	Represents gains on the interest rate contracts related to the 2022 Notes prior to re-designation of hedging relationship in January 2017.

Other Non-Current Assets and 53

Other Non-Current Assets and Other Non-Current Liabilities (Details) - USD ($) $ in Millions		Sep. 30, 2017		Dec. 31, 2016
Other non-current assets:
Customer incentive programs		$ 80		$ 57
Marketable securities - trading		46		35
Derivative instruments		35		41
Cost method investments(1)	[1]	1		16
Non-current restricted cash and restricted cash equivalents(2)	[2],[3]	10		0
Other		43		34
Total other non-current assets		215		183
Other non-current liabilities:
Long-term payables due to Mondelēz International, Inc.		17		21
Long-term pension and post-retirement liability		18	[4]	41
Insurance liability		59		67
Derivative instruments		3		7
Deferred compensation liability		46		35
Holdback liability to former Bai Brands shareholders		10	[3]	0
Acquired contingent liabilities		21	[3]	0
Other		30		38
Total other non-current liabilities		$ 204		$ 209
[1]	Decrease in cost method investments resulted from our consummation of the Bai Brands Merger, as we had a cost method investment in Bai Brands as of December 31, 2016. Refer to Note 2 for additional information regarding the Bai Brands Merger and treatment of our previously held interest in Bai Brands.
[2]	Amounts included in restricted cash and restricted cash equivalents represent the holdback held in escrow in connection with the Bai Brands Merger. Refer to Note 2 for additional information on the Bai Brands Merger.
[3]	Refer to Note 2 for additional information on non-current restricted cash and restricted cash equivalents, the corresponding holdback liability to former Bai Brands shareholders, and the acquired contingent liabilities, as of September 30, 2017.
[4]	Refer to Note 10 for additional information regarding the remeasurement of one of the U.S. defined benefit pension plans as of September 30, 2017.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other Tax Expense (Benefit)		$ 17		$ 17
Income Tax Expense (Benefit)	$ (114)	$ (102)	$ (279)	$ (343)
Effective income tax rate	36.00%	29.70%	32.90%	33.40%
Adjustments for New Accounting Pronouncement [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income Tax Expense (Benefit)	$ 0		$ 19
Improved Filing Group [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income Tax Expense (Benefit)			$ 5

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Settlement loss	$ 1	$ 0	$ (1)	$ 0
Funded Plan [Member] | Domestic Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Increase (Decrease) in Obligation, Pension Benefits	$ 26
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.90%		3.90%		4.25%
Settlement loss	$ 1
Employer contributions to pension plans	$ 22	$ 7	$ 22	$ 7

Fair Value of Financial Instrum

Fair Value of Financial Instruments, Assets and Liabilities Measured on a Recurring Basis(Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 46	$ 35
Derivative Liability, Fair Value, Net	0	0
Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	56	60
Derivative Liability, Fair Value, Net	10	9
Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Derivative Liability, Fair Value, Net	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	46	35
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member] | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	0	0
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs Level 2 [Member] | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	33	21
Derivative Liability	2	1
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs Level 2 [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	23	39
Derivative Liability	5	8
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs Level 2 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	3	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities - trading	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs Level 3 [Member] | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs Level 3 [Member] | Interest Rate Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Net	0	0
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs Level 3 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 0	$ 0

Fair Value of Financial Instr57

Fair Value of Financial Instruments, Non-Recurring Basis (Details) - USD ($) $ in Millions		Sep. 30, 2017		Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, at Carrying Value		$ 66		$ 1,787	$ 620	$ 911
Restricted Cash and Cash Equivalents		99		0
Commercial Paper, at Carrying Value		70		0
Long-term Debt, Carrying Value		4,239		4,325
Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term Debt, Fair Value		70		0
2018 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	0		364
2019 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	250		249
2020 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	247		247
2021 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	250		249
2021-B Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	247		246
2022 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	269		273
2023 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	496		495
2025 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	495		495
2026 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	397		396
2027 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	498		397
2038 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	135		270
2045 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	558		247
2046 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Carrying Value	[1]	397		397
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	[2]	66		1,787
Restricted Cash and Cash Equivalents		99	[2]	0
Fair Value, Inputs, Level 2 [Member] | 2018 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	0		389
Fair Value, Inputs, Level 2 [Member] | 2019 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	252		254
Fair Value, Inputs, Level 2 [Member] | 2020 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	249		248
Fair Value, Inputs, Level 2 [Member] | 2021 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	257		256
Fair Value, Inputs, Level 2 [Member] | 2021-B Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	251		248
Fair Value, Inputs, Level 2 [Member] | 2022 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	251		247
Fair Value, Inputs, Level 2 [Member] | 2023 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	509		500
Fair Value, Inputs, Level 2 [Member] | 2025 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	508		498
Fair Value, Inputs, Level 2 [Member] | 2026 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	376		370
Fair Value, Inputs, Level 2 [Member] | 2027 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	504		398
Fair Value, Inputs, Level 2 [Member] | 2038 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	175		347
Fair Value, Inputs, Level 2 [Member] | 2045 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	582		253
Fair Value, Inputs, Level 2 [Member] | 2046 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	$ 420		$ 407
[1]	The fair value amounts of long term debt were based on current market rates available to the Company. The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all debt and related unamortized costs to be incurred at such date. The carrying amount includes the unamortized premium or discounts and issuance costs on the issuance of debt and impact of interest rate swaps designated as fair value hedges and other hedge related adjustments. Refer to Note 7 for additional information regarding the notes subject to fair value hedges.
[2]	Cash equivalents and restricted cash equivalents are composed of certificates of deposit, money market funds, time deposits and other interest-bearing investments with original maturity dates of three months or less. Cash equivalents and restricted cash equivalents are recorded at cost, which approximates fair value.

Stock Based Compensation (Detai

Stock Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Total stock-based compensation expense		$ 10	$ 11	$ 26	$ 33
Income tax benefit recognized in the Statements of Income		(4)	(4)	(9)	(12)
Stock-based compensation expense, net of tax		$ 6	$ 7	17	21
Restricted Stock Units and Performance Stock Units Activity
Tax withholdings related to net share settlements of certain stock awards				$ 30	31
Employee Stock Option [Member]
Stock Option Activity
Stock options - beginning balance outstanding				1,342,921
Stock options - beginning balance outstanding, weighted average exercise price				$ 70.83
Stock options - outstanding - weighted average remaining contractual term				8 years 1 month 10 days		7 years 11 months 5 days
Stock options - beginning balance outstanding, aggregate intrinsic value				$ 27
Stock options - granted				423,745
Stock options - granted, weighted average excercise price				$ 94.62
Stock options - exercised				(376,846)
Stock options - exercised, weighted average exercise price				$ 53.16
Stock options - exercised, total intrinsic value				$ 16
Stock options - forfeited or expired				(14,427)
Stock options, forfeited or expired, weighted average exercise price				$ 90.18
Stock options - ending balance outstanding		1,375,393		1,375,393		1,342,921
Stock options - ending balance outstanding, weighted average exercise price		$ 82.80		$ 82.80		$ 70.83
Stock options - ending balance outstanding, aggregate intrinsic value		$ 12		$ 12		$ 27
Stock options - exercisable		559,491		559,491
Stock options - exercisable, weighted average exercise price		$ 70.53		$ 70.53
Stock options- exercisable, weighted average remaining contractual term				7 years 1 month 28 days
Stock options - exercisable, intrinsic value		$ 10		$ 10
Restricted Stock Units and Performance Stock Units Activity
Unrecognized compensation costs related to nonvested awards		$ 6		$ 6
Weighted average recognition period of unrecognized compensation costs				1 year 1 month 2 days
Restricted Stock [Member]
Restricted Stock Units and Performance Stock Units Activity
RSUs and PSUs - beginning balance outstanding				1,218,244
RSUs and PSUs - beginning balance outstanding, weighted average grant date total fair value				$ 71.08
RSUs and PSUs - outstanding - weighted average remaining contractual term				1 year 22 days		9 months 18 days
RSUs and PSUs - beginning balance outstanding, aggregate intrinsic value				$ 110
RSUs and PSUs - granted				407,180
RSUs and PSUs - granted, weighted average grant date fair value				$ 94.46
RSUs and PSUs - vested and released				(616,647)
RSUs and PSUs - vested and released, weighted average grant date fair value				$ 58.05
RSUs and PSUs - vested and released, aggregate intrinsic value				$ 58
RSUs and PSUs - forfeited				(48,320)
RSUs and PSUs - forfeited, weighted average grant date fair value				$ 89.89
RSUs and PSUs - ending balance outstanding		960,457		960,457		1,218,244
RSUs and PSUs - ending balance outstanding, weighted average grant date total fair value		$ 88.41		$ 88.41		$ 71.08
RSUs and PSUs - ending balance outstanding, aggregate intrinsic value		$ 85		$ 85		$ 110
Unrecognized compensation costs related to nonvested awards		$ 47		$ 47
Weighted average recognition period of unrecognized compensation costs				1 year 14 days
Tax withholdings related to net share settlements of certain stock awards, shares				194,173
Tax withholdings related to net share settlements of certain stock awards				$ 20	19
Performance Shares [Member]
Restricted Stock Units and Performance Stock Units Activity
RSUs and PSUs - beginning balance outstanding				374,618
RSUs and PSUs - beginning balance outstanding, weighted average grant date total fair value				$ 64.86
RSUs and PSUs - outstanding - weighted average remaining contractual term				1 year 2 months 26 days		10 months 20 days
RSUs and PSUs - beginning balance outstanding, aggregate intrinsic value				$ 34
RSUs and PSUs - granted				119,879
RSUs and PSUs - granted, weighted average grant date fair value				$ 93.28
PSUs - Performance adjustment	[1]			146,807
PSUs - Performance adjustment - weighted average grant date fair value				$ 76.17
RSUs and PSUs - vested and released				(296,821)
RSUs and PSUs - vested and released, weighted average grant date fair value				$ 51.78
RSUs and PSUs - vested and released, aggregate intrinsic value				$ 28
RSUs and PSUs - forfeited				(13,223)
RSUs and PSUs - forfeited, weighted average grant date fair value				$ 80.07
RSUs and PSUs - ending balance outstanding		331,260		331,260		374,618
RSUs and PSUs - ending balance outstanding, weighted average grant date total fair value		$ 55.69		$ 55.69		$ 64.86
RSUs and PSUs - ending balance outstanding, aggregate intrinsic value		$ 29		$ 29		$ 34
Unrecognized compensation costs related to nonvested awards		$ 9		$ 9
Weighted average recognition period of unrecognized compensation costs				1 year 2 months 23 days
Tax withholdings related to net share settlements of certain stock awards, shares				101,988
Tax withholdings related to net share settlements of certain stock awards				$ 10	$ 12
[1]	For PSUs which vested during the nine months ended September 30, 2017, the Company awarded additional PSUs, as actual results measured at the end of the performance period exceeded target performance levels.

Earnings Per Share (Details)

Earnings Per Share (Details) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)shares$ / shares	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2017USD ($)shares$ / shares	Sep. 30, 2016USD ($)$ / sharesshares	Dec. 31, 2016USD ($)
Basic EPS:
Net income | $	$ 203	$ 240	$ 568	$ 682
Weighted average common shares outstanding	181,400,000	184,800,000	182,700,000	186,100,000
Earnings per common share - basic | $ / shares	$ 1.12	$ 1.30	$ 3.11	$ 3.66
Diluted EPS:
Net income | $	$ 203	$ 240	$ 568	$ 682
Weighted average common shares outstanding	181,400,000	184,800,000	182,700,000	186,100,000
Earnings Per Share, Diluted [Line Items]
Weighted average common shares outstanding and common stock equivalents	182,100,000	185,700,000	183,500,000	187,100,000
Earnings per common share - diluted | $ / shares	$ 1.11	$ 1.29	$ 3.09	$ 3.64
Earnings Per Share (Textuals) [Abstract]
Exclusion from the diluted weighted average shares outstanding	1,100,000	300,000	800,000	400,000
Dividend equivalent units outstanding	45,689		45,689
Aggregate shares authorized under repurchase program, initial amount | $					$ 5,000
Number of shares repurchased and retired	1,600,000	1,600,000	3,500,000	5,000,000
Value of shares repurchased and retired | $	$ 143	$ 157	$ 320	$ 460
Stock Repurchase Program, Value of Shares Authorized to be Repurchased | $	$ 811		$ 811
Employee Stock Option [Member]
Earnings Per Share, Diluted [Line Items]
Effect of dilutive securities	200,000	200,000	200,000	200,000
Restricted Stock [Member]
Earnings Per Share, Diluted [Line Items]
Effect of dilutive securities	400,000	700,000	500,000	700,000
Performance Shares [Member]
Earnings Per Share, Diluted [Line Items]
Effect of dilutive securities	100,000	0	100,000	100,000

Accumulated Other Comprehensi60

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	$ (193)		$ (229)	$ (195)	$ (195)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax	3		3		(5)
Other Comprehensive Income Reclassification Of Defined Benefit Plans Costs Net Of Tax	1		2		4
Net change in pension liability	1	$ 1	2	2
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	0		(7)		0
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax	4	1	9	4	6
Other Comprehensive Income (Loss) Prior to Reclassifications	4		34		(44)
Other Comprehensive Income (Loss), Reclassification Adjustment On Items Included In Net Income Net Of Tax	5	2	11	6	10
Current year OCI	9		45		(34)
Accumulated other comprehensive income (loss), net of tax, ending balance	(184)		(184)		(229)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	(1)	(1)	(3)	(3)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(1)	0	1	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, before Tax	2	1	4	3
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(1)	0	(2)	(1)
Foreign Currency Translation [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(127)		(164)	(125)	(125)
Foreign currency translation adjustments	1		38		(39)
Accumulated other comprehensive income (loss), net of tax, ending balance	(126)		(126)		(164)
Change in Pension Liability [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(36)		(37)	(36)	(36)
Net change in pension liability	4		5		(1)
Accumulated other comprehensive income (loss), net of tax, ending balance	(32)		(32)		(37)
Cash Flow Hedges [Member]
Accumulated other comprehensive income (loss), net of taxes
Accumulated other comprehensive income (loss), net of tax, beginning balance	(30)		(28)	(34)	(34)
Cash flow hedges, net of tax	4		2		6
Accumulated other comprehensive income (loss), net of tax, ending balance	(26)		(26)		$ (28)
Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(5)	(2)	(13)	(7)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	1	1	4	3
Cash Flow Hedging [Member] | Interest Expense [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(2)	(2)	(6)	(6)
Cash Flow Hedging [Member] | Cost of Sales [Member] | Foreign Exchange Forward [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (3)	$ 0	$ (7)	$ (1)

Supplemental Cash Flow Inform61

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Cash and Cash Equivalents, at Carrying Value		$ 66	$ 620	$ 1,787	$ 911
Restricted Cash and Cash Equivalents, Current		89		0
Restricted Cash and Investments, Noncurrent	[1],[2]	10		0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents		165	620	$ 1,787	$ 911
Dividends declared but not yet paid		106	97
Capital expenditures included in accounts payable and other current liabilities		19	14
Capital lease additions		28	17
Business Combination, Indemnification Holdback		88	0
Interest paid		88	59
Income taxes paid		$ 221	$ 301
[1]	Amounts included in restricted cash and restricted cash equivalents represent the holdback held in escrow in connection with the Bai Brands Merger. Refer to Note 2 for additional information on the Bai Brands Merger.
[2]	Refer to Note 2 for additional information on non-current restricted cash and restricted cash equivalents, the corresponding holdback liability to former Bai Brands shareholders, and the acquired contingent liabilities, as of September 30, 2017.

Segments (Details)

Segments (Details) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)integer	Sep. 30, 2016USD ($)integer	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of Operating Segments | integer				4	3
Net sales		$ 1,740	$ 1,680	$ 5,047	$ 4,862
Segment Results - SOP
Total segment operating profit		419	434	1,214	1,274
Unallocated corporate costs		52	64	219	180
Other operating income, net		0	(3)	(30)	(4)
Income from operations		367	373	1,025	1,098
Interest expense, net		39	32	121	97
Gain (Loss) on Extinguishment of Debt		13	0	62	0
Other income, net		(2)	(2)	(6)	(25)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries		317	343	848	1,026
Segment Results - Assets [Abstract]
Identifiable Operating Assets		10,015		10,015		$ 9,768
Equity Method Investments		24		24		23
Total assets		10,039		10,039		9,791
Beverage Concentrates [Member]
Segment Reporting Information [Line Items]
Net sales		334	323	984	952
Segment Results - SOP
Total segment operating profit		218	205	641	622
Segment Results - Assets [Abstract]
Identifiable Operating Assets		4,163		4,163		4,108
Packaged Beverages [Member]
Segment Reporting Information [Line Items]
Net sales		1,273	1,236	3,693	3,558
Segment Results - SOP
Total segment operating profit		189	208	526	592
Segment Results - Assets [Abstract]
Identifiable Operating Assets	[1]	5,291		5,291		3,474
Latin America Beverages [Member]
Segment Reporting Information [Line Items]
Net sales		133	121	370	352
Segment Results - SOP
Total segment operating profit		12	$ 21	47	$ 60
Segment Results - Assets [Abstract]
Identifiable Operating Assets		351		351		312
Segment Total [Member]
Segment Results - Assets [Abstract]
Identifiable Operating Assets		9,805		9,805		7,894
Corporate and Other [Member]
Segment Results - Assets [Abstract]
Identifiable Operating Assets	[1]	$ 210		$ 210		$ 1,874
[1]	(1)The primary driver of the change in identifiable operating assets from December 31, 2016 to September 30, 2017 in the Packaged Beverages segment and Corporate and other is the Bai Brands Merger. Refer to Note 2 for additional information about the Bai Brands Merger.

Guarantor and Non-Guarantor F63

Guarantor and Non-Guarantor Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Premium (Discount) on Issuance of Long-term Debt			$ 16	$ (1)
Proceeds from Hedge, Financing Activities			13	0
Restricted Cash and Cash Equivalents, Current	$ 89		89		$ 0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents	165	$ 620	165	620	1,787	$ 911
Condensed Consolidating Statements of Income
Net sales	1,740	1,680	5,047	4,862
Cost of sales	707	683	2,032	1,955
Gross profit	1,033	997	3,015	2,907
Selling, general and administrative expenses	640	603	1,944	1,739
Depreciation and amortization	26	24	76	74
Other operating income, net	0	(3)	(30)	(4)
Income from operations	367	373	1,025	1,098
Interest expense	40	33	124	99
Interest income	(1)	(1)	(3)	(2)
Gain (Loss) on Extinguishment of Debt	13	0	62	0
Other expense (income), net	(2)	(2)	(6)	(25)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	317	343	848	1,026
Provision for income taxes	114	102	279	343
Income before equity in earnings of unconsolidated subsidiaries	203	241	569	683
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in loss of unconsolidated subsidiaries, net of tax	0	(1)	(1)	(1)
Net income	203	240	568	682
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	212	229	613	664
Accounts receivable:
Trade, net	659		659		595
Other	47		47		51
Related party receivable	0		0		0
Inventories	261		261		202
Prepaid expenses and other current assets	144		144		101
Total current assets	1,266		1,266		2,736
Property, plant and equipment, net	1,129		1,129		1,138
Investments in consolidated subsidiaries	0		0		0
Investments in unconsolidated subsidiaries	24		24		23
Goodwill	3,559		3,559		2,993	$ 2,988
Other intangible assets, net	3,786		3,786		2,656
Long-term receivable, related parties	0		0		0
Other non-current assets	215		215		183
Deferred tax assets	60		60		62
Total assets	10,039		10,039		9,791
Current liabilities:
Accounts payable	387		387		303
Related party payable	0		0		0
Deferred revenue	64		64		64
Short-term borrowings and current portion of long-term obligations	82		82		10
Income taxes payable	10		10		4
Other current liabilities	816		816		670
Total current liabilities	1,359		1,359		1,051
Long-term obligations to third parties	4,399		4,399		4,468
Long-term obligations to related parties	0		0		0
Deferred tax liabilities	877		877		812
Non-current deferred revenue	1,071		1,071		1,117
Other non-current liabilities	204		204		209
Total liabilities	7,910		7,910		7,657
Total stockholders' equity	2,129		2,129		2,134
Total liabilities and stockholders' equity	10,039		10,039		9,791
Operating activities:
Net cash (used in) provided by operating activities			732	705
Payments to Acquire Businesses, Net of Cash Acquired				15
Investing activities:
Payments to Acquire Businesses, Gross			(1,553)	(15)
Cash acquired in step acquisition of unconsolidated subsidiary			3	17
Purchase of property, plant and equipment			(85)	(110)
Purchase of cost method investment			0	(1)
Investment in unconsolidated subsidiaries			(3)	(6)
Purchase of intangible assets			(5)	(1)
Proceeds from disposals of property, plant and equipment			3	4
Issuance of related party notes receivable			0	0
Other, net			(3)	(7)
Net cash used in investing activities			(1,643)	(119)
Financing activities:
Proceeds from issuance of related party debt			0	0
Repayment of senior unsecured notes			(562)	(500)
Repurchase of shares of common stock			(320)	(460)
Dividends paid			(309)	(288)
Tax withholdings related to net share settlements of certain stock awards			(30)	(31)
Proceeds from stock options exercised			20	14
Proceeds from issuance of senior unsecured notes			(400)	(400)
Proceeds from Short-term Debt			70
Deferred financing charges paid			(5)	(3)
Capital lease payments			(8)	(6)
Other, net			(2)	(1)
Net cash used in financing activities			(717)	(876)
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(1,628)	(290)
Effect of exchange rate changes on cash and cash equivalents			6	(1)
Cash and cash equivalents at beginning of year			1,787	911
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	66	620	66	620
Parent [Member]
Condensed Financial Statements, Captions [Line Items]
Premium (Discount) on Issuance of Long-term Debt			16	(1)
Proceeds from Hedge, Financing Activities			13
Restricted Cash and Cash Equivalents, Current	0		0		0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents	0		0		0
Condensed Consolidating Statements of Income
Net sales	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	2	1	5	2
Depreciation and amortization	0	0	0	0
Other operating income, net	0	0	0	0
Income from operations	(2)	(1)	(5)	(2)
Interest expense	71	58	206	166
Interest income	(19)	(14)	(53)	(40)
Gain (Loss) on Extinguishment of Debt	13		62
Other expense (income), net	(1)	12	(7)	9
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	(66)	(57)	(213)	(137)
Provision for income taxes	(24)	(21)	(78)	(51)
Income before equity in earnings of unconsolidated subsidiaries	(42)	(36)	(135)	(86)
Equity in earnings of consolidated subsidiaries	245	276	703	768
Equity in loss of unconsolidated subsidiaries, net of tax	0	0	0	0
Net income	203	240	568	682
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	212	229	613	664
Accounts receivable:
Trade, net	0		0		0
Other	7		7		3
Related party receivable	19		19		15
Inventories	0		0		0
Prepaid expenses and other current assets	449		449		379
Total current assets	475		475		397
Property, plant and equipment, net	0		0		0
Investments in consolidated subsidiaries	8,832		8,832		8,067
Investments in unconsolidated subsidiaries	0		0		0
Goodwill	0		0		0
Other intangible assets, net	0		0		0
Long-term receivable, related parties	3,259		3,259		3,209
Other non-current assets	69		69		64
Deferred tax assets	18		18		20
Total assets	12,653		12,653		11,757
Current liabilities:
Accounts payable	0		0		0
Related party payable	34		34		31
Deferred revenue	0		0		0
Short-term borrowings and current portion of long-term obligations	70		70		0
Income taxes payable	0		0		0
Other current liabilities	159		159		128
Total current liabilities	263		263		159
Long-term obligations to third parties	4,239		4,239		4,325
Long-term obligations to related parties	5,957		5,957		5,077
Deferred tax liabilities	0		0		(1)
Non-current deferred revenue	0		0		0
Other non-current liabilities	65		65		63
Total liabilities	10,524		10,524		9,623
Total stockholders' equity	2,129		2,129		2,134
Total liabilities and stockholders' equity	12,653		12,653		11,757
Operating activities:
Net cash (used in) provided by operating activities			(166)	(125)
Payments to Acquire Businesses, Net of Cash Acquired				0
Investing activities:
Payments to Acquire Businesses, Gross			0
Cash acquired in step acquisition of unconsolidated subsidiary			0	0
Purchase of property, plant and equipment			0	0
Purchase of cost method investment				0
Investment in unconsolidated subsidiaries			0	0
Purchase of intangible assets			0	0
Proceeds from disposals of property, plant and equipment			0	0
Issuance of related party notes receivable			0	0
Other, net			(6)	(7)
Net cash used in investing activities			(6)	(7)
Financing activities:
Proceeds from issuance of related party debt			881	1,002
Repayment of senior unsecured notes			(562)	500
Repurchase of shares of common stock			(320)	(460)
Dividends paid			(309)	(288)
Tax withholdings related to net share settlements of certain stock awards			(30)	(31)
Proceeds from stock options exercised			20	14
Proceeds from issuance of senior unsecured notes			(400)	(400)
Proceeds from Short-term Debt			70
Deferred financing charges paid			(5)	(3)
Capital lease payments			0	0
Other, net			(2)	(1)
Net cash used in financing activities			172	132
Cash and cash equivalents - net change from:
Operating, investing and financing activities			0	0
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			0	0
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	0	0	0	0
Guarantors [Member]
Condensed Financial Statements, Captions [Line Items]
Premium (Discount) on Issuance of Long-term Debt			0	0
Proceeds from Hedge, Financing Activities			0
Restricted Cash and Cash Equivalents, Current	89		89		0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents	115		115		1,736
Condensed Consolidating Statements of Income
Net sales	1,585	1,547	4,639	4,475
Cost of sales	637	632	1,859	1,811
Gross profit	948	915	2,780	2,664
Selling, general and administrative expenses	582	550	1,782	1,583
Depreciation and amortization	24	22	70	69
Other operating income, net	0	1	(30)	1
Income from operations	342	342	958	1,011
Interest expense	22	17	61	51
Interest income	(34)	(27)	(91)	(75)
Gain (Loss) on Extinguishment of Debt	0		0
Other expense (income), net	(1)	(15)	(2)	(39)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	355	367	990	1,074
Provision for income taxes	132	113	340	369
Income before equity in earnings of unconsolidated subsidiaries	223	254	650	705
Equity in earnings of consolidated subsidiaries	22	24	54	65
Equity in loss of unconsolidated subsidiaries, net of tax	0	(2)	(1)	(2)
Net income	245	276	703	768
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	253	263	744	748
Accounts receivable:
Trade, net	585		585		540
Other	36		36		39
Related party receivable	38		38		37
Inventories	228		228		178
Prepaid expenses and other current assets	131		131		84
Total current assets	1,123		1,123		2,614
Property, plant and equipment, net	988		988		1,007
Investments in consolidated subsidiaries	344		344		302
Investments in unconsolidated subsidiaries	24		24		23
Goodwill	3,535		3,535		2,972
Other intangible assets, net	3,733		3,733		2,609
Long-term receivable, related parties	5,957		5,957		5,077
Other non-current assets	126		126		107
Deferred tax assets	0		0		0
Total assets	15,830		15,830		14,711
Current liabilities:
Accounts payable	354		354		276
Related party payable	19		19		14
Deferred revenue	70		70		63
Short-term borrowings and current portion of long-term obligations	12		12		10
Income taxes payable	455		455		372
Other current liabilities	603		603		502
Total current liabilities	1,513		1,513		1,237
Long-term obligations to third parties	160		160		143
Long-term obligations to related parties	3,259		3,259		3,209
Deferred tax liabilities	895		895		833
Non-current deferred revenue	1,044		1,044		1,091
Other non-current liabilities	127		127		131
Total liabilities	6,998		6,998		6,644
Total stockholders' equity	8,832		8,832		8,067
Total liabilities and stockholders' equity	15,830		15,830		14,711
Operating activities:
Net cash (used in) provided by operating activities			896	765
Payments to Acquire Businesses, Net of Cash Acquired				0
Investing activities:
Payments to Acquire Businesses, Gross			(1,553)
Cash acquired in step acquisition of unconsolidated subsidiary			3	0
Purchase of property, plant and equipment			(76)	(79)
Purchase of cost method investment				(1)
Investment in unconsolidated subsidiaries			(3)	(6)
Purchase of intangible assets			(5)	0
Proceeds from disposals of property, plant and equipment			3	4
Issuance of related party notes receivable			(881)	(1,002)
Other, net			3	0
Net cash used in investing activities			(2,509)	(1,084)
Financing activities:
Proceeds from issuance of related party debt			0	0
Repayment of senior unsecured notes			0	0
Repurchase of shares of common stock			0	0
Dividends paid			0	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Proceeds from issuance of senior unsecured notes			0	0
Proceeds from Short-term Debt			0
Deferred financing charges paid			0	0
Capital lease payments			(8)	(6)
Other, net			0	0
Net cash used in financing activities			(8)	(6)
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(1,621)	(325)
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			1,736	859
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	16	534	16	534
Non-Guarantors [Member]
Condensed Financial Statements, Captions [Line Items]
Premium (Discount) on Issuance of Long-term Debt			0	0
Proceeds from Hedge, Financing Activities			0
Restricted Cash and Cash Equivalents, Current	0		0		0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents	50		50		51
Condensed Consolidating Statements of Income
Net sales	191	167	520	486
Cost of sales	106	85	285	243
Gross profit	85	82	235	243
Selling, general and administrative expenses	56	52	157	154
Depreciation and amortization	2	2	6	5
Other operating income, net	0	(4)	0	(5)
Income from operations	27	32	72	89
Interest expense	0	0	0	0
Interest income	(1)	(2)	(2)	(5)
Gain (Loss) on Extinguishment of Debt	0		0
Other expense (income), net	0	1	3	5
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	28	33	71	89
Provision for income taxes	6	10	17	25
Income before equity in earnings of unconsolidated subsidiaries	22	23	54	64
Equity in earnings of consolidated subsidiaries	0	0	0	0
Equity in loss of unconsolidated subsidiaries, net of tax	0	1	0	1
Net income	22	24	54	65
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	26	9	90	54
Accounts receivable:
Trade, net	74		74		55
Other	4		4		9
Related party receivable	0		0		0
Inventories	33		33		24
Prepaid expenses and other current assets	18		18		7
Total current assets	179		179		146
Property, plant and equipment, net	141		141		131
Investments in consolidated subsidiaries	0		0		0
Investments in unconsolidated subsidiaries	0		0		0
Goodwill	24		24		21
Other intangible assets, net	53		53		47
Long-term receivable, related parties	0		0		0
Other non-current assets	20		20		12
Deferred tax assets	60		60		62
Total assets	477		477		419
Current liabilities:
Accounts payable	33		33		27
Related party payable	4		4		7
Deferred revenue	1		1		1
Short-term borrowings and current portion of long-term obligations	0		0		0
Income taxes payable	2		2		1
Other current liabilities	54		54		40
Total current liabilities	94		94		76
Long-term obligations to third parties	0		0		0
Long-term obligations to related parties	0		0		0
Deferred tax liabilities	0		0		0
Non-current deferred revenue	27		27		26
Other non-current liabilities	12		12		15
Total liabilities	133		133		117
Total stockholders' equity	344		344		302
Total liabilities and stockholders' equity	477		477		419
Operating activities:
Net cash (used in) provided by operating activities			50	65
Payments to Acquire Businesses, Net of Cash Acquired				15
Investing activities:
Payments to Acquire Businesses, Gross			0
Cash acquired in step acquisition of unconsolidated subsidiary			0	17
Purchase of property, plant and equipment			(9)	(31)
Purchase of cost method investment				0
Investment in unconsolidated subsidiaries			0	0
Purchase of intangible assets			0	1
Proceeds from disposals of property, plant and equipment			0	0
Issuance of related party notes receivable			0	0
Other, net			0	0
Net cash used in investing activities			(9)	(30)
Financing activities:
Proceeds from issuance of related party debt			0	0
Repayment of senior unsecured notes			0	0
Repurchase of shares of common stock			0	0
Dividends paid			(48)	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Proceeds from issuance of senior unsecured notes			0	0
Proceeds from Short-term Debt			0
Deferred financing charges paid			0	0
Capital lease payments			0	0
Other, net			0	0
Net cash used in financing activities			(48)	0
Cash and cash equivalents - net change from:
Operating, investing and financing activities			(7)	35
Effect of exchange rate changes on cash and cash equivalents			6	(1)
Cash and cash equivalents at beginning of year			51	52
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	50	86	50	86
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Premium (Discount) on Issuance of Long-term Debt			0	0
Proceeds from Hedge, Financing Activities			0
Restricted Cash and Cash Equivalents, Current	0		0		0
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents	0		0		0
Condensed Consolidating Statements of Income
Net sales	(36)	(34)	(112)	(99)
Cost of sales	(36)	(34)	(112)	(99)
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Other operating income, net	0	0	0	0
Income from operations	0	0	0	0
Interest expense	(53)	(42)	(143)	(118)
Interest income	53	42	143	118
Gain (Loss) on Extinguishment of Debt	0		0
Other expense (income), net	0	0	0	0
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	0	0	0	0
Provision for income taxes	0	0	0	0
Income before equity in earnings of unconsolidated subsidiaries	0	0	0	0
Equity in earnings of consolidated subsidiaries	(267)	(300)	(757)	(833)
Equity in loss of unconsolidated subsidiaries, net of tax	0	0	0	0
Net income	(267)	(300)	(757)	(833)
Condensed Consolidating Statements of Comprehensive Income
Comprehensive income (loss)	(279)	(272)	(834)	(802)
Accounts receivable:
Trade, net	0		0		0
Other	0		0		0
Related party receivable	(57)		(57)		(52)
Inventories	0		0		0
Prepaid expenses and other current assets	(454)		(454)		(369)
Total current assets	(511)		(511)		(421)
Property, plant and equipment, net	0		0		0
Investments in consolidated subsidiaries	(9,176)		(9,176)		(8,369)
Investments in unconsolidated subsidiaries	0		0		0
Goodwill	0		0		0
Other intangible assets, net	0		0		0
Long-term receivable, related parties	(9,216)		(9,216)		(8,286)
Other non-current assets	0		0		0
Deferred tax assets	(18)		(18)		(20)
Total assets	(18,921)		(18,921)		(17,096)
Current liabilities:
Accounts payable	0		0		0
Related party payable	(57)		(57)		(52)
Deferred revenue	(7)		(7)		0
Short-term borrowings and current portion of long-term obligations	0		0		0
Income taxes payable	(447)		(447)		(369)
Other current liabilities	0		0		0
Total current liabilities	(511)		(511)		(421)
Long-term obligations to third parties	0		0		0
Long-term obligations to related parties	(9,216)		(9,216)		(8,286)
Deferred tax liabilities	(18)		(18)		(20)
Non-current deferred revenue	0		0		0
Other non-current liabilities	0		0		0
Total liabilities	(9,745)		(9,745)		(8,727)
Total stockholders' equity	(9,176)		(9,176)		(8,369)
Total liabilities and stockholders' equity	(18,921)		(18,921)		$ (17,096)
Operating activities:
Net cash (used in) provided by operating activities			(48)	0
Payments to Acquire Businesses, Net of Cash Acquired				0
Investing activities:
Payments to Acquire Businesses, Gross			0
Cash acquired in step acquisition of unconsolidated subsidiary			0	0
Purchase of property, plant and equipment			0	0
Purchase of cost method investment				0
Investment in unconsolidated subsidiaries			0	0
Purchase of intangible assets			0	0
Proceeds from disposals of property, plant and equipment			0	0
Issuance of related party notes receivable			881	1,002
Other, net			0	0
Net cash used in investing activities			881	1,002
Financing activities:
Proceeds from issuance of related party debt			(881)	(1,002)
Repayment of senior unsecured notes			0	0
Repurchase of shares of common stock			0	0
Dividends paid			48	0
Tax withholdings related to net share settlements of certain stock awards			0	0
Proceeds from stock options exercised			0	0
Proceeds from issuance of senior unsecured notes			0	0
Proceeds from Short-term Debt			0
Deferred financing charges paid			0	0
Capital lease payments			0	0
Other, net			0	0
Net cash used in financing activities			(833)	(1,002)
Cash and cash equivalents - net change from:
Operating, investing and financing activities			0	0
Effect of exchange rate changes on cash and cash equivalents			0	0
Cash and cash equivalents at beginning of year			0	0
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	$ 0	$ 0	$ 0	$ 0