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Segment Reporting
 12 Months Ended
Oct. 03, 2021
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.
We have three reportable operating segments: 1) North America, which is inclusive of the U.S. and Canada; 2) International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America and the Caribbean; and 3) Channel Development.
North America and International operations sell coffee and other beverages, complementary food, packaged coffees, single-serve coffee products and a focused selection of merchandise through company-operated stores and licensed stores. Our North America segment is our most mature business and has achieved significant scale.
Channel Development revenues include packaged coffee, tea, foodservice products and ready-to-drink beverages to customers outside of our company-operated and licensed stores. Most of our Channel Development revenues are from product sales to and royalty revenues from Nestlé through the Global Coffee Alliance.
Consolidated revenue mix by product type (in millions):
Fiscal Year EndedOct 3, 2021Sep 27, 2020Sep 29, 2019
Beverage(1)
$18,317.0 63 %$14,337.5 61 %$15,921.2 60 %
Food(2)
5,053.4 17 %3,799.2 16 %4,336.3 16 %
Other(3)
5,690.2 20 %5,381.3 23 %6,251.1 24 %
Total$29,060.6 100 %$23,518.0 100 %$26,508.6 100 %
(1)     Beverage represents sales within our company-operated stores.
(2)     Food includes sales within our company-operated stores.
(3)     “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.
Information by geographic area (in millions):
Fiscal Year EndedOct 3, 2021Sep 27, 2020Sep 29, 2019
Net revenues:
United States$20,377.8 $16,879.8 $18,622.7 
China3,674.8 2,582.8 2,872.0 
Other countries5,008.0 4,055.4 5,013.9 
Total$29,060.6 $23,518.0 $26,508.6 
Long-lived assets:
United States$12,819.4 $12,624.9 $7,330.2 
China4,673.8 4,425.6 3,279.8 
Other countries4,143.0 4,517.6 2,955.7 
Total$21,636.2 $21,568.1 $13,565.7 
No customer accounts for 10% or more of our revenues. Revenues are shown based on the geographic location of our customers. Revenues from countries other than the U.S. and China consist primarily of revenues from Japan, Canada and the U.K., which together account for approximately 79% of net revenues from other countries for fiscal 2021.
Management evaluates the performance of its operating segments based on net revenues and operating income. The accounting policies of the operating segments are the same as those described in Note 1, Summary of Significant Accounting Policies.
Operating income represents earnings before other income and expenses and income taxes. The identifiable assets by segment disclosed in this note are those assets specifically identifiable within each segment and include cash and cash equivalents, ROU assets, net property, plant and equipment, equity and cost investments, goodwill and other intangible assets. Assets not attributed to reportable operating segments are corporate assets and are primarily comprised of cash and cash equivalents available for general corporate purposes, investments, assets of the corporate headquarters and roasting facilities and inventory.
The table below presents financial information for our reportable operating segments and Corporate and Other segment for the years ended October 3, 2021, September 27, 2020 and September 29, 2019.
(in millions)
North AmericaInternational
Channel
Development
Corporate and Other

Total
Fiscal 2021
Total net revenues$20,447.9 $6,921.6 $1,593.6 $97.5 $29,060.6 
Depreciation and amortization expenses753.9 544.7 1.2 141.9 1,441.7 
Income from equity investees— 135.3 250.0 — 385.3 
Operating income/(loss)4,259.3 1,245.7 789.1 (1,422.0)4,872.1 
Total assets$10,571.8 $10,083.3 $125.4 $10,612.1 $31,392.6 
Fiscal 2020
Total net revenues(1)
$16,296.2 $5,230.6 $1,925.0 $66.2 $23,518.0 
Depreciation and amortization expenses762.0 518.4 1.2 149.7 1,431.3 
Income from equity investees— 102.3 220.2 — 322.5 
Operating income/(loss)(1)
1,801.7 370.6 687.2 (1,297.8)1,561.7 
Total assets$10,717.4 $9,449.7 $165.0 $9,042.4 $29,374.5 
Fiscal 2019
Total net revenues(1)
$18,130.4 $6,319.3 $1,992.6 $66.3 $26,508.6 
Depreciation and amortization expenses696.1 511.5 13.0 156.7 1,377.3 
Income from equity investees— 102.4 195.6 — 298.0 
Operating income/(loss)(1)
3,728.1 1,011.3 697.5 (1,359.0)4,077.9 
Total assets$4,446.7 $6,724.6 $132.2 $7,916.1 $19,219.6 
(1)     North America, International and Corporate and Other total net revenues and operating income/(loss) for fiscal years ended September 27, 2020 and September 29, 2019, have been restated to conform with current period presentation.