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Basis of Presentation and Our Divisions Our Divisions
8 Months Ended
Sep. 08, 2018
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
9/8/2018(a)


9/9/2017

 
9/8/2018(a)

 
9/9/2017

FLNA
$
3,891

 
$
3,792

 
$
11,345

 
$
10,969

QFNA
567

 
578

 
1,695

 
1,729

NAB
5,456

 
5,332

 
15,064

 
15,034

Latin America
1,868

 
1,873

 
4,935

 
4,773

ESSA
3,161

 
3,098

 
7,945

 
7,355

AMENA
1,542

 
1,567

 
4,153

 
4,139

Total division
$
16,485

 
$
16,240

 
$
45,137

 
$
43,999


(a)
Our primary performance obligation is the 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 segment’s net revenue and AMENA’s beverage business and food and snack business are approximately 35% and 65%, respectively, of the segment’s 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.
 
12 Weeks Ended
 
36 Weeks Ended
Operating Profit
9/8/2018

 
9/9/2017(a)

 
9/8/2018

 
9/9/2017(a)

FLNA
$
1,241

 
$
1,199

 
$
3,491

 
$
3,392

QFNA
143

 
145

 
443

 
453

NAB
703

 
813

 
1,838

 
2,204

Latin America
284

 
284

 
742

 
645

ESSA (b)
439

 
427

 
995

 
1,015

AMENA (c)
311

 
267

 
994

 
745

Total division
$
3,121

 
$
3,135

 
$
8,503

 
$
8,454

Corporate unallocated
(277
)
 
(211
)
 
(824
)
 
(748
)
 
$
2,844

 
$
2,924

 
$
7,679

 
$
7,706


(a)
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.
(b)
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 plc (Britvic).
(c)
Operating profit for AMENA for the 36 weeks ended September 8, 2018 includes a gain of $144 million associated with refranchising a portion of our beverage business in Thailand.