Faster, stronger, better. Annual report 2019 creating more smiles with every sip



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2019 Annual Report

Retiree Medical Cost Trend Rates
2020
2019
Average increase assumed
6%
6%
Ultimate projected increase
5%
5%
Year of ultimate projected increase
2039
2039


107
These assumed health care cost trend rates have an impact on the retiree medical plan expense and liability, 
however the cap on our share of retiree medical costs limits the impact.
Savings Plan
Certain U.S. employees are eligible to participate in a 401(k) savings plan, which is a voluntary defined 
contribution plan. The plan is designed to help employees accumulate savings for retirement, and we make 
Company matching contributions for certain employees on a portion of eligible pay based on years of service.
Certain U.S. salaried employees, who are not eligible to participate in a defined benefit pension plan, are 
also eligible to receive an employer contribution to the 401(k) savings plan based on age and years of service 
regardless of employee contribution.
In 2019, 2018 and 2017, our total Company contributions were $197 million, $180 million and $176 million, 
respectively.
Note 8 — Debt Obligations
The following table summarizes our debt obligations:
2019
(a)
2018
(a)
Short-term debt obligations
 (b)
Current maturities of long-term debt
$ 2,848 $ 3,953
Other borrowings (6.4% and 6.0%)
72
73
$ 2,920 $ 4,026
Long-term debt obligations 
(b)
Notes due 2019 (3.1%)

3,948
Notes due 2020 (2.7% and 3.9%)
2,840
3,784
Notes due 2021 (2.4% and 3.1%)
3,276
3,257
Notes due 2022 (2.7% and 2.8%)
3,831
3,802
Notes due 2023 (2.8% and 2.9%)

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