XML 60 R41.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Reporting (Tables)
 12 Months Ended
Oct. 02, 2016
Segment Reporting [Abstract]  
Consolidated Revenue Mix by Product Type
Consolidated revenue mix by product type (in millions):
Fiscal Year Ended
Oct 2, 2016
 
Sep 27, 2015
 
Sep 28, 2014
Beverage
$
12,383.4

 
58
%
 
$
11,115.4

 
58
%
 
$
9,458.4

 
58
%
Food
3,495.0

 
16
%
 
3,085.3

 
16
%
 
2,505.2

 
15
%
Packaged and single-serve coffees and teas
2,866.0

 
14
%
 
2,619.9

 
14
%
 
2,370.0

 
14
%
Other(1)
2,571.5

 
12
%
 
2,342.1

 
12
%
 
2,114.2

 
13
%
Total
$
21,315.9

 
100
%
 
$
19,162.7

 
100
%
 
$
16,447.8

 
100
%
(1) "Other" primarily consists of royalty and licensing revenues, beverage-related ingredients, serveware, and ready-to-drink beverages, among other items.
Information by geographic area
Information by geographic area (in millions):
Fiscal Year Ended
Oct 2, 2016
 
Sep 27, 2015
 
Sep 28, 2014
Net revenues:
 
 
 
 
 
United States
$
15,774.8

 
$
14,123.7

 
$
12,590.6

Other countries
5,541.1

 
5,039.0

 
3,857.2

Total
$
21,315.9

 
$
19,162.7

 
$
16,447.8

 
 
 
 
 
 
Long-lived assets(1):
 
 
 
 
 
United States
$
6,027.2

 
$
5,805.4

 
$
5,450.9

Other countries
3,541.8

 
2,639.9

 
1,449.7

Total
$
9,569.0

 
$
8,445.3

 
$
6,900.6
Financial Information for Reportable Operating Segments and All Other Segments
The table below presents financial information for our reportable operating segments and All Other Segments for the years ended October 2, 2016, September 27, 2015 and September 28, 2014.
(in millions)
Americas
 
China /
Asia Pacific
 
EMEA
 
Channel
Development
 
All Other Segments
 
Segment
Total
Fiscal 2016
 
 
 
 
 
 
 
 
 
 
 
Total net revenues
$
14,795.4

 
$
2,938.8

 
$
1,124.9

 
$
1,932.5

 
$
524.3

 
$
21,315.9

Depreciation and amortization expenses
590.1

 
180.6

 
40.8

 
2.8

 
13.3

 
827.6

Income from equity investees
—

 
150.1

 
1.5

 
166.6

 
—

 
318.2

Operating income/(loss)
3,742.0

 
631.6

 
151.6

 
807.3

 
(38.4
)
 
5,294.1

Total assets
3,424.6

 
2,740.2

 
552.1

 
67.1

 
861.1

 
7,645.1

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2015
 
 
 
 
 
 
 
 
 
 
 
Total net revenues
$
13,293.4

 
$
2,395.9

 
$
1,216.7

 
$
1,730.9

 
$
525.8

 
$
19,162.7

Depreciation and amortization expenses
522.3

 
150.7

 
52.0

 
2.7

 
16.3

 
744.0

Income from equity investees
—

 
119.6

 
3.1

 
127.2

 
—

 
249.9

Operating income/(loss)
3,223.3

 
500.5

 
168.2

 
653.9

 
(24.8
)
 
4,521.1

Total assets
2,726.7

 
2,230.5

 
749.1

 
87.3

 
1,785.3

 
7,578.9

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2014
 
 
 
 
 
 
 
 
 
 
 
Total net revenues
$
11,980.5

 
$
1,129.6

 
$
1,294.8

 
$
1,546.0

 
$
496.9

 
$
16,447.8

Depreciation and amortization expenses
469.5

 
46.1

 
59.4

 
1.8

 
15.2

 
592.0

Income from equity investees
—

 
164.0

 
3.7

 
100.6

 
—

 
268.3

Operating income/(loss)
2,809.0

 
372.5

 
119.2

 
557.2

 
(26.8
)
 
3,831.1

Total assets
2,521.4

 
939.8

 
663.0

 
84.6

 
825.2

 
5,034.0
Reconciliation of Total Segment Operating Income to Consolidated Earnings/(Loss) Before Income Taxes
The following table reconciles total segment operating income in the table above to consolidated earnings before income taxes (in millions):
Fiscal Year Ended
Oct 2, 2016
 
Sep 27, 2015
 
Sep 28, 2014
Total segment operating income
$
5,294.1

 
$
4,521.1

 
$
3,831.1

Unallocated corporate operating expenses
(1,122.2
)
 
(920.1
)
 
(750.0
)
Consolidated operating income
4,171.9

 
3,601.0

 
3,081.1

Gain resulting from acquisition of joint venture
—

 
390.6

 
—

Loss on extinguishment of debt
—

 
(61.1
)
 
—

Interest income and other, net
108.0

 
43.0

 
142.7

Interest expense
(81.3
)
 
(70.5
)
 
(64.1
)
Earnings before income taxes
$
4,198.6

 
$
3,903.0

 
$
3,159.7