FORM 10-Q

Overview of Financial Position
The following table illustrates the change in the individual line items of the Company's condensed consolidated balance sheet as of March 29, 2013, compared
to our consolidated balance sheet as of December 31, 2012 (in millions):
March 29,
2013
December 31,
2012
Increase
(Decrease)
Percent
Change
Cash and cash equivalents $ 9,162 $ 8,442 $ 720 9 %
Short-term investments 6,176 5,017 1,159 23
Marketable securities 3,090 3,092 (2) —
Trade accounts receivable — net 5,007 4,759 248 5
Inventories 3,607 3,264 343 11
Prepaid expenses and other assets 3,294 2,781 513 18
Assets held for sale 1,183 2,973 (1,790) (60)
Equity method investments 9,850 9,216 634 7
Other investments, principally bottling companies 1,227 1,232 (5) —
Other assets 3,922 3,585 337 9
Property, plant and equipment — net 14,543 14,476 67 —
Trademarks with indefinite lives 6,570 6,527 43 1
Bottlers' franchise rights with indefinite lives 7,414 7,405 9 —
Goodwill 12,291 12,255 36 —
Other intangible assets 1,114 1,150 (36) (3)
Total assets $ 88,450 $ 86,174 $ 2,276 3 %
Accounts payable and accrued expenses $ 9,447 $ 8,680 $ 767 9 %
Loans and notes payable 16,322 16,297 25 —
Current maturities of long-term debt 4,505 1,577 2,928 186
Accrued income taxes 382 471 (89) (19)
Liabilities held for sale 446 796 (350) (44)
Long-term debt 14,291 14,736 (445) (3)
Other liabilities 4,949 5,468 (519) (9)
Deferred income taxes 5,214 4,981 233 5
Total liabilities $ 55,556 $ 53,006 $ 2,550 5 %
Net assets $ 32,894 $ 33,168 $ (274) 1 (1)%
1 Includes an increase in net assets of $70 million resulting from foreign currency translation adjustments in various balance sheet accounts.
The increases/(decreases) in the table above include the impact of the following transactions and events:
• Cash and cash equivalents increased $ 720 million, or 9 percent, and short-term investments increased $ 1,159 million, or 23 percent. These increases
were primarily in anticipation of the first quarter 2013 dividend payment which was not made until April 1, 2013.
• Assets held for sale decreased $1,790 million, or 60 percent, primarily due to the Company completing its sale of a majority ownership interest in our
previously consolidated Philippine bottling operations to Coca-Cola FEMSA in January 2013. The remaining assets in this line item are related to the
Company's consolidated Brazilian bottling operations which are still held for sale. Refer to Note 2 of Notes to Condensed Consolidated Financial
Statements for additional information.
• Equity method investments increased $ 634 million, or 7 percent, primarily due to the sale of a majority ownership interest in our previously
consolidated Philippine bottling operations to Coca-Cola FEMSA on January 25, 2013. The Company now accounts for our ownership interest in the
Philippine bottling operations as an equity method investment. Refer to Note 2 of Notes to Condensed Consolidated Financial Statements for additional
information.
• Current maturities of long-term debt increased $ 2,928 million, or 186 percent, primarily due to long-term debt that is scheduled to mature, or will be
redeemed, by the end of 2013. Refer to Note 6 of Notes to Condensed Consolidated Financial Statements for additional information.
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