Basis of Presentation (Tables)

6 Months Ended

Jun. 14, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Segment Reporting Information, By Segment

Our four business units comprise six reportable segments (also referred to as divisions), as follows:

• FLNA,

• QFNA,

• LAF,

• PAB,

• Europe, and

• AMEA.

Net revenue and operating profit of each division are as follows:

	12 Weeks Ended				24 Weeks Ended
	6/14/14		6/15/13		6/14/14		6/15/13
Net Revenue
FLNA	$	3,387	$	3,332	$	6,606	$	6,455
QFNA	564		577		1,198		1,211
LAF	2,122		2,116		3,460		3,483
PAB	5,281		5,260		9,707		9,680
Europe	3,657		3,653		5,618		5,595
AMEA	1,883		1,869		2,928		2,964
	$	16,894	$	16,807	$	29,517	$	29,388

	12 Weeks Ended						24 Weeks Ended
	6/14/14			6/15/13			6/14/14			6/15/13
Operating Profit
FLNA	$	937		$	906		$	1,799		$	1,734
QFNA	139			133			299			313
LAF	323			318			555			534
PAB	868			882			1,297			1,447
Europe	451			425			603			513
AMEA	381			524			575			708
Total division	3,099			3,188			5,128			5,249
Corporate Unallocated
Mark-to-market net gains/(losses)	31			(39		)	65			(55		)
Restructuring and impairment charges	(8		)	(1		)	(5		)	(2		)
Venezuela currency devaluation	—			—			—			(124		)
Other	(226		)	(279		)	(485		)	(541		)
	$	2,896		$	2,869		$	4,703		$	4,527

Segment Reporting Information By Total Assets

	Total Assets
	6/14/14		12/28/13
FLNA	$	5,476	$	5,308
QFNA	1,017		983
LAF	5,167		4,829
PAB	31,152		30,350
Europe	18,819		18,702
AMEA	6,124		5,754
Total division	67,755		65,926
Corporate (a)	12,678		11,552
	$	80,433	$	77,478

(a) Corporate assets consist principally of cash and cash equivalents, short-term investments, derivative instruments, property, plant and equipment and certain pension and tax assets.