Segment Reporting

9 Months Ended

Jun. 30, 2019

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								Three Quarters Ended
	Jun 30, 2019				Jul 1, 2018⁽¹⁾				Jun 30, 2019				Jul 1, 2018⁽¹⁾
Beverage	$	4,122.1	60	%	$	3,766.2	60	%	$	11,814.2	60	%	$	10,705.2	58	%
Food	1,220.3		18	%	1,132.6		18	%	3,566.1		18	%	3,242.8		18	%
Other⁽²⁾	1,480.6		22	%	1,411.5		22	%	4,381.3		22	%	4,467.9		24	%
Total	$	6,823.0	100	%	$	6,310.3	100	%	$	19,761.6	100	%	$	18,415.9	100	%

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

⁽²⁾“Other” primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, 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
June 30, 2019
Total net revenues	$	4,671.8	$	1,336.9	$	231.7	$	533.3	$	49.3		$	6,823.0
Depreciation and amortization expenses	173.2		118.9		5.4		0.2		45.4			343.1
Income from equity investees	—		27.2		—		48.8		—			76.0
Operating income/(loss)	1,067.1		269.8		16.6		181.9		(414.1		)	1,121.3

July 1, 2018
Total net revenues⁽¹⁾	$	4,224.0	$	1,229.0	$	261.7	$	567.4	$	28.2		$	6,310.3
Depreciation and amortization expenses	159.3		120.7		8.0		0.2		41.8			330.0
Income from equity investees	—		23.5		—		47.9		—			71.4
Operating income/(loss)	906.8		234.1		29.2		232.8		(364.7		)	1,038.2

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

Three Quarters Ended



	Americas		China/ Asia Pacific		EMEA		Channel Development		Corporate and Other			Total
June 30, 2019
Total net revenues	$	13,583.8	$	3,853.4	$	725.6	$	1,484.5	$	114.3		$	19,761.6
Depreciation and amortization expenses	509.6		357.2		20.1		12.6		133.0			1,032.5
Income from equity investees	—		75.7		—		130.4		—			206.1
Operating income/(loss)	2,978.0		722.9		40.8		506.6		(1,253.7		)	2,994.6

July 1, 2018
Total net revenues⁽¹⁾	$	12,478.0	$	3,259.1	$	780.8	$	1,758.0	$	140.0		$	18,415.9
Depreciation and amortization expenses	477.7		296.0		23.5		1.2		122.0			920.4
Income from equity investees	—		91.0		—		122.5		—			213.5
Operating income/(loss)	2,685.9		635.4		50.6		736.2		(1,181.2		)	2,926.9

⁽¹⁾Prior period amounts have not been restated for the revenue recognition adoption 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^TM/MC 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 $195.1 million of which $18.5 million and $47.5 million were recorded within restructuring and impairments on the consolidated statement of earnings in the quarter and three quarters ended June 30, 2019, respectively. In fiscal year 2018, $1.5 million and $119.0 million of lease exit costs were recorded within restructuring and impairments in the quarter and three quarters ended July 1, 2018, respectively. Previous lease exit costs recorded within restructuring expenses for fiscal 2018 and 2017 totaled $135.0 million.