Segment Reporting

12 Months Ended

Dec. 29, 2012

Segment Reporting

Note 9—Segment Reporting

Our business operates through five reporting segments—North America (which includes our U.S. operating segment and Canada operating segment), U.K. (which includes our United Kingdom reporting unit and our Continental European reporting unit), Mexico, RCI and All Other. The primary measures used in evaluating our reporting segments is revenues, operating income (loss), and additions to property, plant and equipment, which have been included as part of our segment disclosures listed below.

Reporting Segments

	December 29, 2012
(in millions of U.S. dollars)	North America		United Kingdom		Mexico			RCI		All Other		Total
External revenue1	$	1,707.4	$	473.2	$	38.8		$	31.2	$	—	$	2,250.6
Depreciation and amortization		82.7		13.2		1.8			—		—		97.7
Asset impairments		—		—		—			—		—		—
Intangible asset impairments		—		—		—			—		—		—
Operating income (loss)		78.3		27.1		(3.6	)		7.9		—		109.7
Property, plant and equipment		382.1		99.5		9.3			—		—		490.9
Goodwill		125.8		—		—			4.5		—		130.3
Intangibles and other assets		301.1		13.9		0.4			—		—		315.4
Total assets2		1,246.7		273.8		28.1			14.1		3.2		1,565.9
Additions to property, plant and equipment		52.9		14.3		2.5			—		—		69.7

¹ Intersegment revenue between North America and the other reporting segments was $16.4 million for the year ended December 29, 2012.

²  Excludes intersegment receivables, investments and notes receivable.

Reporting Segments

	December 31, 2011
(in millions of U.S. dollars)	North America		United Kingdom		Mexico			RCI		All Other		Total
External revenue1	$	1,809.3	$	447.9	$	51.8		$	25.6	$	—	$	2,334.6
Depreciation and amortization		80.0		13.2		2.1			—		—		95.3
Asset impairments		—		—		0.6			—		—		0.6
Intangible asset impairments		1.4		—		—			—		—		1.4
Operating income (loss)		70.4		27.5		(4.4	)		7.2		—		100.7
Property, plant and equipment		383.1		89.8		9.3			—		—		482.2
Goodwill		125.1		—		—			4.5		—		129.6
Intangibles and other assets		326.1		14.6		0.4			—		—		341.1
Total assets2		1,231.3		237.0		28.4			11.3		0.9		1,508.9
Additions to property, plant and equipment		39.1		9.5		0.2			—		—		48.8

¹ Intersegment revenue between North America and the other reporting segments was $14.7 million for the year ended December 31, 2011.

² Excludes intersegment receivables, investments and notes receivable.

Reporting Segments

	January 1, 2011
(in millions of U.S. dollars)	North America			United Kingdom		Mexico			RCI		All Other		Total
External revenue1	$	1,357.3		$	367.1	$	50.1		$	28.8	$	—	$	1,803.3
Depreciation and amortization		59.1			12.8		2.1			—		—		74.0
Restructuring		(0.5	)		—		—			—		—		(0.5	)
Operating income (loss)		75.0			24.5		(7.5	)		7.0		—		99.0
Property, plant and equipment		400.4			90.2		13.2			—		—		503.8
Goodwill		125.7			—		—			4.5		—		130.2
Intangibles and other assets		354.7			15.7		0.7			—		—		371.1
Total assets2		1,275.9			207.4		31.5			13.7		0.7		1,529.2
Additions to property, plant and equipment		31.9			10.6		1.5			—		—		44.0

¹  Intersegment revenue between North America and the other reporting segments was $19.0 million for the year ended January 1, 2011.

²  Excludes intersegment receivables, investments and notes receivable.

For the year ended December 29, 2012, sales to Walmart accounted for 31.0% (2011—31.6%, 2010—31.0%) of our total revenue, 36.3% of our North America reporting segment revenue (2011—35.9%, 2010—35.3%), 14.9% of our U.K. reporting segment revenue (2011—14.6%, 2010—16.6%) and 21.6% of our Mexico reporting segment revenue (2011—44.7%, 2010—38.9%).

Credit risk arises from the potential default of a customer in meeting its financial obligations with us. Concentrations of credit exposure may arise with a group of customers that have similar economic characteristics or that are located in the same geographic region. The ability of such customers to meet obligations would be similarly affected by changing economic, political or other conditions. We are not currently aware of any facts that would create a material credit risk.

Revenues are attributed to operating segments based on the location of the customer. Revenues by operating segment were as follows:

	For the Year Ended
	December 29,			December 31,			January 1,
(in millions of U.S. dollars)	2012			2011			2011
United States	$	1,509.1		$	1,610.5		$	1,212.1
Canada		244.2			249.0			201.1
United Kingdom		473.2			447.9			367.1
Mexico		38.8			51.8			50.1
RCI		31.2			25.6			28.8
Elimination1		(45.9	)		(50.2	)		(55.9	)
Total	$	2,250.6		$	2,334.6		$	1,803.3

¹ Represents intercompany revenue among our operating segments, of which $16.4 million, $14.7 million and $19.0 million represents intersegment revenue between the North America reporting segment and our other operating segments for December 29, 2012, December 31, 2011, and January 1, 2011, respectively.

Revenues by product were as follows:

For the Year Ended December 29, 2012
(in millions of U.S. dollars)	North America		United Kingdom		Mexico		RCI		Total
Revenue
Carbonated soft drinks	$	698.0	$	160.9	$	21.3	$	0.6	$	880.8
Juice		527.2		14.0		1.2		1.5		543.9
Concentrate		12.3		2.2		—		29.1		43.6
All other products		469.9		296.1		16.3		—		782.3
Total	$	1,707.4	$	473.2	$	38.8	$	31.2	$	2,250.6

For the Year Ended December 31, 2011
(in millions of U.S. dollars)	North America		United Kingdom		Mexico		RCI		Total
Revenue
Carbonated soft drinks	$	731.4	$	179.2	$	39.6	$	—	$	950.2
Juice		587.7		12.3		2.7		—		602.7
Concentrate		9.1		2.8		—		25.6		37.5
All other products		481.1		253.6		9.5		—		744.2
Total	$	1,809.3	$	447.9	$	51.8	$	25.6	$	2,334.6

For the Year Ended January 1, 2011
(in millions of U.S. dollars)	North America		United Kingdom		Mexico		RCI		Total
Revenue
Carbonated soft drinks	$	705.5	$	159.5	$	43.4	$	—	$	908.4
Juice		225.3		10.0		0.8		—		236.1
Concentrate		7.5		4.1		—		28.8		40.4
All other products		419.0		193.5		5.9		—		618.4
Total	$	1,357.3	$	367.1	$	50.1	$	28.8	$	1,803.3

Property, plant and equipment by geographic area as of December 29, 2012 and December 31, 2011 were as follows:

	December 29,		December 31,
(in millions of U.S. dollars)	2012		2011
United States	$	333.7	$	336.2
Canada		48.4		46.9
United Kingdom		99.5		89.8
Mexico		9.3		9.3
Total	$	490.9	$	482.2