The following table summarizes information related to indefinite-lived intangible assets (in millions):
|
| | | | | | | |
December 31, | 2013 |
| | 2012 |
|
Trademarks1 | $ | 6,744 |
| | $ | 6,527 |
|
Bottlers' franchise rights | 7,415 |
| | 7,405 |
|
Goodwill | 12,312 |
| | 12,255 |
|
Other | 171 |
| | 111 |
|
Indefinite-lived intangible assets2 | $ | 26,642 |
| | $ | 26,298 |
|
1 The increase in 2013 was primarily related to the Company's consolidation of innocent. Refer to Note 2 for additional information. This increase was partially offset by impairments on certain trademarks. Refer to Note 17 for additional information.
2 During 2010, we entered into license agreements with Dr Pepper Snapple Group, Inc. ("DPSG") to distribute Dr Pepper trademark brands in the United States, Canada Dry in the Northeastern United States, and Canada Dry and C' Plus in Canada. As a result, the Company recorded an asset of $865 million related to the DPSG license agreements. Under the license agreements, the Company agreed to meet certain performance obligations in order to distribute DPSG products in retail and foodservice accounts and vending machines. The license agreements have initial terms of 20 years, with automatic 20-year renewal periods unless otherwise terminated under the terms of the agreements. The Company anticipates using the assets indefinitely. The distribution rights acquired from DPSG are the only significant indefinite-lived intangible assets subject to renewal or extension arrangements.
