Segment Reporting

3 Months Ended

Dec. 30, 2018

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

Segment information is prepared on the same basis that our ceo, who is our chief operating decision maker, manages the segments, evaluates financial results and makes key operating decisions.

Consolidated revenue mix by product type (in millions):

Quarter Ended	Dec 30, 2018				Dec 31, 2017(1)
Beverage	$	3,926.0	59	%	$	3,418.0	56	%
Food	1,188.9		18	%	1,043.7		17	%
Other(2)	1,517.8		23	%	1,612.0		27	%
Total	$	6,632.7	100	%	$	6,073.7	100	%

⁽¹⁾ Prior period amounts have not been restated and continue to be reported under accounting standards in effect for that period.

⁽²⁾ “Other” primarily consists of royalty and licensing revenues, packaged and single-serve coffees and teas, beverage-related ingredients, serveware, and ready-to-drink beverages, among other items.

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

Quarter Ended

	Americas		China/ Asia Pacific		EMEA		Channel Development		Corporate and Other			Total
December 30, 2018
Total net revenues	$	4,606.0	$	1,227.3	$	266.3	$	504.6	$	28.5		$	6,632.7
Depreciation and amortization expenses	165.8		116.7		7.9		—		43.0			333.4
Income from equity investees	—		26.4		—		41.4		—			67.8
Operating income/(loss)	1,011.5		221.5		27.0		175.7		(420.0		)	1,015.7
December 31, 2017
Total net revenues(1)	$	4,257.6	$	843.7	$	268.1	$	628.0	$	76.3		$	6,073.7
Depreciation and amortization expenses	158.0		53.7		7.5		0.6		39.0			258.8
Income from equity investees	—		50.7		—		38.7		—			89.4
Operating income/(loss)	977.7		196.8		32.4		269.6		(360.4		)	1,116.1

⁽¹⁾ Prior period amounts have not been restated and continue to be reported under the accounting standards in effect for that period.

Lease exit costs associated with our restructuring efforts, primarily related to the closure of Teavana retail stores and certain Starbucks company-operated stores, are recognized concurrently with actual store closures. These expenses are primarily recorded within Corporate and other, and Americas. Total lease exit costs are expected to be approximately $196.6 million of which $8.5 million and $16.6 million were recorded within restructuring and impairments on the consolidated statement of earnings in the first quarter of 2019 and 2018, respectively. Previous lease exit costs recorded within restructuring expenses in fiscal 2018 and 2017 totaled $135.0 million.