Basis of Presentation (Tables)

8 Months Ended

Sep. 08, 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				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.