Basis of Presentation and Our Divisions (Tables)

12 Months Ended

Dec. 27, 2014

The following chart details our quarterly reporting schedule for all reporting periods presented:



Quarter	U.S. and Canada	International
First Quarter	12 weeks	January, February
Second Quarter	12 weeks	March, April and May
Third Quarter	12 weeks	June, July and August
Fourth Quarter	16 weeks	September, October, November and December

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



	Net Revenue						Operating Profit ^(a)
	2014		2013		2012		2014			2013			2012
FLNA	$	14,502	$	14,126	$	13,574	$	4,054		$	3,877		$	3,646
QFNA	2,568		2,612		2,636		621			617			695
NAB	20,171		20,083		20,428		2,421			2,580			2,569
Latin America	9,425		9,335		8,761		1,636			1,617			1,427
ESSA	13,399		13,828		13,506		1,389			1,327			1,361
AMENA	6,618		6,431		6,587		985			1,140			716
Total division	66,683		66,415		65,492		11,106			11,158			10,414
Corporate Unallocated
Mark-to-market net (losses)/gains							(68		)	(72		)	65
Restructuring and impairment charges							(41		)	(11		)	(10		)
Pension lump sum settlement charges							(141		)	—			(195		)
Venezuela remeasurement charges							(126		)	(124		)	—
Other							(1,149		)	(1,246		)	(1,162		)
	$	66,683	$	66,415	$	65,492	$	9,581		$	9,705		$	9,112


(a)	For information on the impact of restructuring and impairment charges on our divisions, see Note 3 to our consolidated financial statements. See also Note 15 to our consolidated financial statements for more information on our transaction with Tingyi and refranchising of our beverage business in Vietnam in our AMENA segment.

Total assets and capital spending of each division are as follows:


(a)	The change in total assets in 2014 primarily reflects the depreciation of the Russian ruble.


(b)	Corporate assets consist principally of cash and cash equivalents, short-term investments, derivative instruments, property, plant and equipment and certain pension and tax assets. In 2014, the change in total Corporate assets was primarily due to the decrease in cash and cash equivalents and certain pension assets, partially offset by an increase in short-term investments.

Amortization of intangible assets and depreciation and other amortization of each division are as follows:



	Amortization of Intangible Assets						Depreciation and Other Amortization
	2014		2013		2012		2014		2013		2012
FLNA	$	7	$	7	$	7	$	424	$	430	$	445
QFNA	—		—		—		51		51		53
NAB	43		55		55		837		843		842
Latin America	10		11		14		273		273		261
ESSA	28		32		36		471		525		522
AMENA	4		5		7		313		283		305
Total division	92		110		119		2,369		2,405		2,428
Corporate	—		—		—		164		148		142
	$	92	$	110	$	119	$	2,533	$	2,553	$	2,570

Net revenue and long-lived assets by country are as follows:


(a)	Long-lived assets represent property, plant and equipment, nonamortizable intangible assets, amortizable intangible assets and investments in noncontrolled affiliates. These assets are reported in the country where they are primarily used.


(b)	Change in long-lived assets in 2014 primarily reflects the depreciation of the Russian ruble.