Basis of Presentation (Tables)

3 Months Ended

Mar. 24, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Segment Reporting Information, By Segment

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

	12 Weeks Ended
	Net Revenue				Operating Profit
	3/24/2018(a)		3/25/2017		3/24/2018			3/25/2017(b)
FLNA	$	3,617	$	3,499	$	1,050		$	1,050
QFNA	601		598		155			163
NAB	4,415		4,460		388			501
Latin America	1,224		1,077		189			133
ESSA	1,668		1,445		118			96
AMENA	1,037		970		187			171
Total division	$	12,562	$	12,049	$	2,087		$	2,114
Corporate unallocated	—		—		(280		)	(251		)
	$	12,562	$	12,049	$	1,807		$	1,863

(a) Our primary performance obligation is our distribution and sales of beverage products and food and snack products to our customers, each comprising approximately 50% of our consolidated net revenue. Internationally, our Latin America segment is predominantly a food and snack business, ESSA’s beverage business and food and snack business are each approximately 50% of the total segment net revenue and AMENA’s beverage business and food and snack business are approximately 35% and 65%, respectively, of the total segment net revenue. Beverage revenue from company-owned bottlers, which primarily includes our consolidated bottling operations in our NAB and ESSA segments, is approximately 40% of our consolidated net revenue. Generally, our finished goods beverage operations produce higher net revenue but lower operating margins as compared to concentrate sold to authorized bottling partners for the manufacture of finished goods beverages.

(b) Reflects the retrospective adoption of guidance requiring the presentation of non-service cost components of net periodic benefit cost below operating profit. See Note 2 for additional information.