Basis of Presentation and Our Divisions Our Divisions

8 Months Ended

Sep. 09, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Our Divisions

We are organized into six reportable segments (also referred to as divisions), as follows:

1) Frito-Lay North America (FLNA), which includes our branded food and snack businesses in the United States and Canada;

2) Quaker Foods North America (QFNA), which includes our cereal, rice, pasta and other branded food businesses in the United States and Canada;

3) North America Beverages (NAB), which includes our beverage businesses in the United States and Canada;

4) Latin America, which includes all of our beverage, food and snack businesses in Latin America;

5) Europe Sub-Saharan Africa (ESSA), which includes all of our beverage, food and snack businesses in Europe and Sub-Saharan Africa; and

6) Asia, Middle East and North Africa (AMENA), which includes all of our beverage, food and snack businesses in Asia, Middle East and North Africa.

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

	12 Weeks Ended				36 Weeks Ended
Net Revenue	9/9/2017		9/3/2016		9/9/2017		9/3/2016
FLNA	$	3,792	$	3,676	$	10,969	$	10,658
QFNA	578		571		1,729		1,749
NAB	5,332		5,518		15,034		15,024
Latin America	1,873		1,762		4,773		4,521
ESSA	3,098		2,864		7,355		6,883
AMENA	1,567		1,636		4,139		4,449
Total division	$	16,240	$	16,027	$	43,999	$	43,284

	12 Weeks Ended						36 Weeks Ended
Operating Profit	9/9/2017			9/3/2016			9/9/2017			9/3/2016
FLNA	$	1,208		$	1,148		$	3,421		$	3,249
QFNA	146			144			456			456
NAB	817			904			2,216			2,270
Latin America	281			247			641			664
ESSA(a)	436			388			1,039			792
AMENA (b)	267			264			745			499
Total division	3,155			3,095			8,518			7,930
Corporate Unallocated	(162		)	(274		)	(602		)	(526		)
	$	2,993		$	2,821		$	7,916		$	7,404

(a) Operating profit for ESSA for the 36 weeks ended September 9, 2017 includes a gain of $95 million associated with the sale of our minority stake in Britvic.

(b) Operating profit for AMENA for the 36 weeks ended September 3, 2016 includes an impairment charge of $373 million to reduce the value of our 5% indirect equity interest in Tingyi-Asahi Beverages Holding Co. Ltd. (TAB) to its estimated fair value.

Total assets of each division are as follows:

	Total Assets
	9/9/2017		12/31/2016
FLNA	$	5,898	$	5,731
QFNA	851		811
NAB	29,260		28,172
Latin America	5,036		4,568
ESSA	13,680		12,302
AMENA	5,540		5,261
Total division	60,265		56,845
Corporate (a)	18,198		16,645
	$	78,463	$	73,490

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