On October 2, 2010, The Coca-Cola Company acquired the 67 percent of CCEs North American business that was not already owned by the company for consideration of $6.84 billion that included: The companys 33 percent indirect ownership interest in CCEs European operations. Cash consideration. Replacement awards issued to certain current and former employees of CCEs North American and corporate operations. Access Coca-Colas 2010 10-K annual report and answer the following.

1. How did Coca-Cola allocate the acquisition-date fair value of CCE among the assets acquired and liabilities assumed?

2. What are employee replacement awards? How did Coca-Cola account for the replacement award value provided to the former employees of CCE?

3. How did Coca-Cola account for its 33 percent interest in CCE prior to the acquisition of the 67 percent not already owned by Coca-Cola?

4. Upon acquisition of the additional 67 percent interest, how did Coca-Cola account for the change in fair value of its original 33 percent ownership interest?