| Operating Segments |
Information about our Company's operations as of and for the six months ended July 3, 2015 and June 27, 2014, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Asia Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2015 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,289 |
|
$ |
2,352 |
|
$ |
2,002 |
|
$ |
11,008 |
|
$ |
2,569 |
|
$ |
3,582 |
|
$ |
65 |
|
$ |
— |
|
$ |
22,867 |
|
Intersegment |
7 |
|
295 |
|
37 |
|
10 |
|
317 |
|
26 |
|
— |
|
(692 |
) |
— |
|
Total net revenues |
1,296 |
|
2,647 |
|
2,039 |
|
11,018 |
|
2,886 |
|
3,608 |
|
65 |
|
(692 |
) |
22,867 |
|
Operating income (loss) |
554 |
|
1,552 |
|
1,103 |
|
1,398 |
|
1,305 |
|
45 |
|
(1,126 |
) |
— |
|
4,831 |
|
Income (loss) before income taxes |
573 |
|
1,567 |
|
1,114 |
|
1,361 |
|
1,314 |
|
230 |
|
183 |
|
— |
|
6,342 |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,390 |
|
$ |
2,519 |
|
$ |
2,199 |
|
$ |
10,500 |
|
$ |
2,760 |
|
$ |
3,699 |
|
$ |
83 |
|
$ |
— |
|
$ |
23,150 |
|
Intersegment |
— |
|
343 |
|
30 |
|
10 |
|
278 |
|
34 |
|
— |
|
(695 |
) |
— |
|
Total net revenues |
1,390 |
|
2,862 |
|
2,229 |
|
10,510 |
|
3,038 |
|
3,733 |
|
83 |
|
(695 |
) |
23,150 |
|
Operating income (loss) |
593 |
|
1,611 |
|
1,301 |
|
1,255 |
|
1,403 |
|
12 |
|
(629 |
) |
— |
|
5,546 |
|
Income (loss) before income taxes |
621 |
|
1,635 |
|
1,303 |
|
1,107 |
|
1,411 |
|
276 |
|
(764 |
) |
— |
|
5,589 |
|
Information about our Company's operations as of and for the three months ended July 3, 2015 and June 27, 2014, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Asia Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2015 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
651 |
|
$ |
1,284 |
|
$ |
955 |
|
$ |
5,911 |
|
$ |
1,413 |
|
$ |
1,917 |
|
$ |
25 |
|
$ |
— |
|
$ |
12,156 |
|
Intersegment |
7 |
|
151 |
|
18 |
|
6 |
|
188 |
|
13 |
|
— |
|
(383 |
) |
— |
|
Total net revenues |
658 |
|
1,435 |
|
973 |
|
5,917 |
|
1,601 |
|
1,930 |
|
25 |
|
(383 |
) |
12,156 |
|
Operating income (loss) |
275 |
|
836 |
|
525 |
|
887 |
|
761 |
|
31 |
|
(780 |
) |
— |
|
2,535 |
|
Income (loss) before income taxes |
287 |
|
843 |
|
526 |
|
874 |
|
766 |
|
231 |
|
834 |
|
— |
|
4,361 |
|
Identifiable operating assets |
1,332 |
|
3,282 |
|
2,190 |
|
33,657 |
|
1,880 |
|
6,910 |
|
28,514 |
|
— |
|
77,765 |
|
Noncurrent investments |
1,110 |
|
88 |
|
711 |
|
45 |
|
163 |
|
8,507 |
|
5,149 |
|
— |
|
15,773 |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
732 |
|
$ |
1,385 |
|
$ |
1,105 |
|
$ |
5,710 |
|
$ |
1,550 |
|
$ |
2,042 |
|
$ |
50 |
|
$ |
— |
|
$ |
12,574 |
|
Intersegment |
— |
|
184 |
|
13 |
|
7 |
|
173 |
|
18 |
|
— |
|
(395 |
) |
— |
|
Total net revenues |
732 |
|
1,569 |
|
1,118 |
|
5,717 |
|
1,723 |
|
2,060 |
|
50 |
|
(395 |
) |
12,574 |
|
Operating income (loss) |
290 |
|
892 |
|
633 |
|
827 |
|
846 |
|
38 |
|
(356 |
) |
— |
|
3,170 |
|
Income (loss) before income taxes |
313 |
|
904 |
|
636 |
|
682 |
|
851 |
|
254 |
|
(256 |
) |
— |
|
3,384 |
|
Identifiable operating assets |
1,411 |
|
4,014 |
|
2,871 |
|
34,426 |
|
2,117 |
|
7,119 |
|
29,073 |
|
— |
|
81,031 |
|
Noncurrent investments |
1,189 |
|
115 |
|
807 |
|
51 |
|
149 |
|
9,557 |
|
2,590 |
|
— |
|
14,458 |
|
As of December 31, 2014 |
|
|
|
|
|
|
|
|
|
Identifiable operating assets |
$ |
1,298 |
|
$ |
3,358 |
|
$ |
2,426 |
|
$ |
33,066 |
|
$ |
1,793 |
|
$ |
6,975 |
|
$ |
29,482 |
|
$ |
— |
|
$ |
78,398 |
|
Noncurrent investments |
1,081 |
|
90 |
|
757 |
|
48 |
|
157 |
|
8,781 |
|
2,711 |
|
— |
|
13,625 |
|
|