Keurig Dr Pepper Inc. (KDP)

Keurig Dr Pepper Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,026	510	267	535	567
Trading Asset Securities	-	-	-	-	2
Cash & Short-Term Investments	1,026	510	267	535	569
Cash Growth	101.18%	91.01%	-50.09%	-5.97%	137.08%
Accounts Receivable	1,671	1,502	1,368	1,484	1,148
Other Receivables	-	-	151	184	126
Receivables	1,671	1,502	1,519	1,668	1,274
Inventory	1,733	1,299	1,253	1,403	966
Prepaid Expenses	764	526	20	19	12
Restricted Cash	18	80	-	-	1
Other Current Assets	54	80	316	179	235
Total Current Assets	5,266	3,997	3,375	3,804	3,057
Property, Plant & Equipment	4,075	3,844	3,575	3,372	3,167
Long-Term Investments	1,697	1,543	1,456	1,186	31
Goodwill	20,247	20,053	20,202	20,072	20,182
Other Intangible Assets	23,725	23,634	23,287	23,183	23,856
Long-Term Deferred Tax Assets	36	39	31	35	42
Other Long-Term Assets	413	320	204	185	263
Total Assets	55,459	53,430	52,130	51,837	50,598
Accounts Payable	2,996	2,985	3,597	5,206	4,316
Accrued Expenses	1,379	1,584	1,242	1,153	1,110
Short-Term Debt	2,210	1,616	2,096	399	149
Current Portion of Long-Term Debt	913	1,048	1,230	554	163
Current Portion of Leases	306	253	220	195	155
Current Income Taxes Payable	-	-	29	87	144
Other Current Liabilities	486	601	502	482	448
Total Current Liabilities	8,290	8,087	8,916	8,076	6,485
Long-Term Debt	14,297	13,946	10,131	11,266	11,711
Long-Term Leases	1,509	1,467	1,413	1,421	1,229
Pension & Post-Retirement Benefits	-	-	35	37	40
Long-Term Deferred Tax Liabilities	5,526	5,435	5,760	5,739	5,986
Other Long-Term Liabilities	321	252	199	173	175
Total Liabilities	29,943	29,187	26,454	26,712	25,626
Common Stock	14	14	14	14	14
Additional Paid-In Capital	19,778	19,712	20,788	21,444	21,785
Retained Earnings	5,622	4,793	4,559	3,539	3,199
Comprehensive Income & Other	102	-276	315	129	-26
Total Common Equity	25,516	24,243	25,676	25,126	24,972
Minority Interest	-	-	-	-1	-
Shareholders' Equity	25,516	24,243	25,676	25,125	24,972
Total Liabilities & Equity	55,459	53,430	52,130	51,837	50,598
Total Debt	19,235	18,330	15,090	13,835	13,407
Net Cash (Debt)	-18,209	-17,820	-14,823	-13,300	-12,838
Net Cash Per Share	-13.36	-13.02	-10.52	-9.31	-8.99
Filing Date Shares Outstanding	1,359	1,357	1,388	1,406	1,418
Total Common Shares Outstanding	1,359	1,357	1,390	1,408	1,418
Working Capital	-3,024	-4,090	-5,541	-4,272	-3,428
Book Value Per Share	18.78	17.87	18.47	17.84	17.61
Tangible Book Value	-18,456	-19,444	-17,813	-18,129	-19,066
Tangible Book Value Per Share	-13.58	-14.33	-12.81	-12.87	-13.44
Land	57	58	45	44	50
Buildings	912	825	744	720	793
Machinery	4,032	3,432	3,017	2,668	2,458
Construction In Progress	289	384	365	251	138

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q