| Operating Segments |
Information about our Company's operations as of and for the nine months ended October 2, 2015 and September 26, 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 |
$ |
1,877 |
|
$ |
3,528 |
|
$ |
2,995 |
|
$ |
16,643 |
|
$ |
3,816 |
|
$ |
5,315 |
|
$ |
120 |
|
$ |
— |
|
$ |
34,294 |
|
Intersegment |
22 |
|
449 |
|
56 |
|
14 |
|
476 |
|
39 |
|
— |
|
(1,056 |
) |
— |
|
Total net revenues |
1,899 |
|
3,977 |
|
3,051 |
|
16,657 |
|
4,292 |
|
5,354 |
|
120 |
|
(1,056 |
) |
34,294 |
|
Operating income (loss) |
762 |
|
2,274 |
|
1,641 |
|
2,079 |
|
1,876 |
|
34 |
|
(1,456 |
) |
— |
|
7,210 |
|
Income (loss) before income taxes |
785 |
|
2,300 |
|
1,649 |
|
1,245 |
|
1,890 |
|
380 |
|
(182 |
) |
— |
|
8,067 |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
2,099 |
|
$ |
3,761 |
|
$ |
3,360 |
|
$ |
16,096 |
|
$ |
4,181 |
|
$ |
5,503 |
|
$ |
126 |
|
$ |
— |
|
$ |
35,126 |
|
Intersegment |
— |
|
530 |
|
46 |
|
13 |
|
432 |
|
53 |
|
— |
|
(1,074 |
) |
— |
|
Total net revenues |
2,099 |
|
4,291 |
|
3,406 |
|
16,109 |
|
4,613 |
|
5,556 |
|
126 |
|
(1,074 |
) |
35,126 |
|
Operating income (loss) |
858 |
|
2,363 |
|
1,954 |
|
2,015 |
|
2,041 |
|
26 |
|
(1,000 |
) |
— |
|
8,257 |
|
Income (loss) before income taxes |
893 |
|
2,398 |
|
1,957 |
|
1,593 |
|
2,059 |
|
481 |
|
(1,132 |
) |
— |
|
8,249 |
|
Information about our Company's operations as of and for the three months ended October 2, 2015 and September 26, 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 |
$ |
588 |
|
$ |
1,176 |
|
$ |
993 |
|
$ |
5,635 |
|
$ |
1,247 |
|
$ |
1,733 |
|
$ |
55 |
|
$ |
— |
|
$ |
11,427 |
|
Intersegment |
15 |
|
154 |
|
19 |
|
4 |
|
159 |
|
13 |
|
— |
|
(364 |
) |
— |
|
Total net revenues |
603 |
|
1,330 |
|
1,012 |
|
5,639 |
|
1,406 |
|
1,746 |
|
55 |
|
(364 |
) |
11,427 |
|
Operating income (loss) |
208 |
|
722 |
|
538 |
|
681 |
|
571 |
|
(11 |
) |
(330 |
) |
— |
|
2,379 |
|
Income (loss) before income taxes |
212 |
|
733 |
|
535 |
|
(116 |
) |
576 |
|
150 |
|
(365 |
) |
— |
|
1,725 |
|
Identifiable operating assets |
1,238 |
|
3,268 |
|
1,463 |
|
32,524 |
|
1,784 |
|
6,926 |
|
30,871 |
|
— |
|
78,074 |
|
Noncurrent investments |
1,076 |
|
85 |
|
673 |
|
128 |
|
166 |
|
8,134 |
|
4,672 |
|
— |
|
14,934 |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
709 |
|
$ |
1,242 |
|
$ |
1,161 |
|
$ |
5,596 |
|
$ |
1,421 |
|
$ |
1,804 |
|
$ |
43 |
|
$ |
— |
|
$ |
11,976 |
|
Intersegment |
— |
|
187 |
|
16 |
|
3 |
|
154 |
|
19 |
|
— |
|
(379 |
) |
— |
|
Total net revenues |
709 |
|
1,429 |
|
1,177 |
|
5,599 |
|
1,575 |
|
1,823 |
|
43 |
|
(379 |
) |
11,976 |
|
Operating income (loss) |
265 |
|
752 |
|
653 |
|
760 |
|
638 |
|
14 |
|
(371 |
) |
— |
|
2,711 |
|
Income (loss) before income taxes |
272 |
|
763 |
|
654 |
|
486 |
|
648 |
|
205 |
|
(368 |
) |
— |
|
2,660 |
|
Identifiable operating assets |
1,421 |
|
3,610 |
|
2,777 |
|
33,750 |
|
1,934 |
|
6,887 |
|
31,616 |
|
— |
|
81,995 |
|
Noncurrent investments |
1,162 |
|
98 |
|
790 |
|
43 |
|
158 |
|
9,381 |
|
2,687 |
|
— |
|
14,319 |
|
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 |
|
|