Business Segment Information (Tables)

12 Months Ended

Jul. 02, 2011

Business Segment Information

Reconciliation Of Sales And Operating Profit (Loss) From Segments To Consolidated

In millions	2011			2010			2009
Sales
North American Retail	$	2,868		$	2,818		$	2,767
North American Foodservice		1,566			1,547			1,776
International Beverage		3,548			3,221			3,062
International Bakery		726			785			795
		8,708			8,371			8,400
Intersegment		(27	)		(32	)		(34	)
Total	$	8,681		$	8,339		$	8,366
Operating Segment Income (Loss)
North American Retail	$	307		$	343		$	247
North American Foodservice		79			60			(20	)
International Beverage		452			592			493
International Bakery		(12	)		(14	)		(194	)
Total operating segment income		826			981			526
General corporate expenses		(188	)		(259	)		(225	)
Mark-to-market derivative gain/(loss)		11			(13	)		(12	)
Amortization of intangibles		(22	)		(21	)		(21	)
Contingent sale proceeds		–			133			150
Total operating income		627			821			418
Net interest expense		(85	)		(115	)		(120	)
Debt extinguishment costs		(55	)		–			–
Income from continuing operations before income taxes	$	487		$	706		$	298

Reconciliation Of Assets, Depreciation And Additions To Long-Lived Assets From Segments To Consolidated

In millions	2011		2010		2009
Assets
North American Retail	$	1,432	$	1,293	$	1,266
North American Foodservice		645		687		754
International Beverage		2,334		1,871		1,932
International Bakery		682		607		719
		5,093		4,458		4,671
Net assets held for sale		1,676		2,614		2,827
Other1		2,764		1,764		1,921
Total assets	$	9,533	$	8,836	$	9,419
Depreciation
North American Retail	$	99	$	97	$	95
North American Foodservice		40		50		41
International Beverage		95		88		91
International Bakery		22		24		25
		256		259		252
Discontinued operations		35		88		109
Other		11		21		22
Total depreciation	$	302	$	368	$	383
Additions to Long-Lived Assets
North American Retail	$	232	$	163	$	110
North American Foodservice		28		32		47
International Beverage		157		85		100
International Bakery		17		20		20
		434		300		277
Other		15		6		26
Total additions to long-lived assets	$	449	$	306	$	303

¹  Principally cash and cash equivalents, certain corporate fixed assets, deferred tax assets and certain other noncurrent assets.