XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Mar. 29, 2015
Mar. 30, 2014
Net revenues:        
Total net revenues $ 4,563.5us-gaap_SalesRevenueNet $ 3,873.8us-gaap_SalesRevenueNet $ 9,366.8us-gaap_SalesRevenueNet $ 8,113.4us-gaap_SalesRevenueNet
Cost of sales including occupancy costs 1,859.8us-gaap_CostOfGoodsAndServicesSold 1,629.2us-gaap_CostOfGoodsAndServicesSold 3,851.0us-gaap_CostOfGoodsAndServicesSold 3,424.2us-gaap_CostOfGoodsAndServicesSold
Store operating expenses 1,324.6sbux_StoreOperatingExpenses 1,134.5sbux_StoreOperatingExpenses 2,640.1sbux_StoreOperatingExpenses 2,309.6sbux_StoreOperatingExpenses
Other operating expenses 133.5us-gaap_OtherCostAndExpenseOperating 110.9us-gaap_OtherCostAndExpenseOperating 262.9us-gaap_OtherCostAndExpenseOperating 225.8us-gaap_OtherCostAndExpenseOperating
Depreciation and amortization expenses 217.1us-gaap_DepreciationAndAmortization 174.4us-gaap_DepreciationAndAmortization 423.1us-gaap_DepreciationAndAmortization 344.1us-gaap_DepreciationAndAmortization
General and administrative expenses 305.9us-gaap_GeneralAndAdministrativeExpense 240.6us-gaap_GeneralAndAdministrativeExpense 604.3us-gaap_GeneralAndAdministrativeExpense 483.2us-gaap_GeneralAndAdministrativeExpense
Litigation credit 0us-gaap_GainLossRelatedToLitigationSettlement 0us-gaap_GainLossRelatedToLitigationSettlement 0us-gaap_GainLossRelatedToLitigationSettlement (20.2)us-gaap_GainLossRelatedToLitigationSettlement
Total operating expenses 3,840.9us-gaap_CostsAndExpenses 3,289.6us-gaap_CostsAndExpenses 7,781.4us-gaap_CostsAndExpenses 6,766.7us-gaap_CostsAndExpenses
Income from equity investees 54.9us-gaap_IncomeLossFromEquityMethodInvestments 59.9us-gaap_IncomeLossFromEquityMethodInvestments 107.7us-gaap_IncomeLossFromEquityMethodInvestments 111.0us-gaap_IncomeLossFromEquityMethodInvestments
Operating income 777.5us-gaap_OperatingIncomeLoss 644.1us-gaap_OperatingIncomeLoss 1,693.1us-gaap_OperatingIncomeLoss 1,457.7us-gaap_OperatingIncomeLoss
Gain resulting from acquisition of joint venture 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain 390.6us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
Interest income and other, net 1.3us-gaap_InterestAndOtherIncome 17.8us-gaap_InterestAndOtherIncome 11.1us-gaap_InterestAndOtherIncome 37.6us-gaap_InterestAndOtherIncome
Interest expense (16.9)us-gaap_InterestExpense (16.7)us-gaap_InterestExpense (33.2)us-gaap_InterestExpense (31.3)us-gaap_InterestExpense
Earnings before income taxes 761.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 645.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 2,061.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,464.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense 266.3us-gaap_IncomeTaxExpenseBenefit 218.3us-gaap_IncomeTaxExpenseBenefit 581.2us-gaap_IncomeTaxExpenseBenefit 496.4us-gaap_IncomeTaxExpenseBenefit
Net earnings including noncontrolling interests 495.6us-gaap_ProfitLoss 426.9us-gaap_ProfitLoss 1,480.4us-gaap_ProfitLoss 967.6us-gaap_ProfitLoss
Net earnings/(loss) attributable to noncontrolling interests 0.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (0.1)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 2.1us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings attributable to Starbucks 494.9us-gaap_NetIncomeLoss 427.0us-gaap_NetIncomeLoss 1,478.3us-gaap_NetIncomeLoss 967.6us-gaap_NetIncomeLoss
Earnings per share - basic $ 0.33us-gaap_EarningsPerShareBasic $ 0.28us-gaap_EarningsPerShareBasic $ 0.99us-gaap_EarningsPerShareBasic $ 0.64us-gaap_EarningsPerShareBasic
Earnings per share - diluted $ 0.33us-gaap_EarningsPerShareDiluted $ 0.28us-gaap_EarningsPerShareDiluted $ 0.97us-gaap_EarningsPerShareDiluted $ 0.63us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding:        
Basic 1,500.5us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,510.3us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,499.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,510.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 1,516.5us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,529.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,516.7us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,530.7us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per share $ 0.16us-gaap_CommonStockDividendsPerShareDeclared $ 0.13us-gaap_CommonStockDividendsPerShareDeclared $ 0.32us-gaap_CommonStockDividendsPerShareDeclared $ 0.26us-gaap_CommonStockDividendsPerShareDeclared
Company-operated stores [Member]        
Net revenues:        
Total net revenues 3,622.9us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_EntityOperatedUnitsMember
3,068.0us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_EntityOperatedUnitsMember
7,395.7us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_EntityOperatedUnitsMember
6,411.8us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_EntityOperatedUnitsMember
Licensed stores [Member]        
Net revenues:        
Total net revenues 421.3us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_FranchisedUnitsMember
356.2us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_FranchisedUnitsMember
905.3us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_FranchisedUnitsMember
758.0us-gaap_SalesRevenueNet
/ us-gaap_FranchisorDisclosureAxis
= us-gaap_FranchisedUnitsMember
CPG, foodservice and other [Member]        
Net revenues:        
Total net revenues $ 519.3us-gaap_SalesRevenueNet
/ us-gaap_ProductOrServiceAxis
= sbux_CPGFoodserviceandOtherMember
$ 449.6us-gaap_SalesRevenueNet
/ us-gaap_ProductOrServiceAxis
= sbux_CPGFoodserviceandOtherMember
$ 1,065.8us-gaap_SalesRevenueNet
/ us-gaap_ProductOrServiceAxis
= sbux_CPGFoodserviceandOtherMember
$ 943.6us-gaap_SalesRevenueNet
/ us-gaap_ProductOrServiceAxis
= sbux_CPGFoodserviceandOtherMember