Segment Reporting

3 Months Ended

Dec. 30, 2012

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

Segment information is prepared on the same basis that management reviews financial information for operational decision making purposes. Effective at the beginning of fiscal 2013, we decentralized certain leadership functions in the areas of retail marketing and category management, global store development and partner resources, to support and align with the respective operating segment presidents. In conjunction with these moves, certain general and administrative and depreciation and amortization expenses associated with these functions, which were previously reported as unallocated corporate expenses within "Other," are now reported within the respective reportable operating segments to align with the regions which they support.

Concurrent with the change in reportable operating segments and realignment of certain operating expenses noted above, we revised our prior period financial information to reflect comparable financial information for the new segment structure and reporting changes. Historical financial information presented herein reflects these changes. There was no impact on consolidated net revenues, total operating expenses, operating income, or net earnings as a result of these changes.

The table below presents financial information for our reportable operating segments and Other (in millions):

Quarter Ended

	Americas		EMEA		China / Asia Pacific		Channel Development		Other			Total
December 30, 2012
Total net revenues	$	2,840.7	$	306.1	$	214.1	$	379.8	$	58.9		$	3,799.6
Depreciation and amortization expenses	105.4		14.2		7.4		0.3		21.6			148.9
Income from equity investees	—		—		34.1		20.4		—			54.5
Operating income/(loss)	590.3		22.3		72.1		96.8		(150.9		)	630.6
January 1, 2012
Total net revenues	$	2,578.6	$	303.0	$	166.9	$	335.8	$	51.6		$	3,435.9
Depreciation and amortization expenses	97.1		14.2		5.0		0.4		18.1			134.8
Income from equity investees	—		0.3		27.6		17.0		—			44.9
Operating income/(loss)	548.9		18.9		57.3		77.9		(147.0		)	556.0

The following table reconciles the total of operating income in the table above to consolidated earnings before income taxes (in millions):

	Quarter Ended
	Dec 30, 2012			Jan 1, 2012
Operating income	$	630.6		$	556.0
Interest income and other, net	(2.9		)	23.2
Interest expense	(6.6		)	(8.6		)
Earnings before income taxes	$	621.1		$	570.6