The Coca-Cola Company Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting Information [Line Items]

Schedule of total net operating revenues related to concentrate and finished products operation

The following table sets forth the percentage of total net operating revenues related to concentrate operations and finished product operations:



Year Ended December 31,	2015		2014		2013
Concentrate operations¹	37	%	38	%	38	%
Finished product operations²	63		62		62
Total	100	%	100	%	100	%


¹	Includes concentrates sold by the Company to authorized bottling partners for the manufacture of fountain syrups. The bottlers then typically sell the fountain syrups to wholesalers or directly to fountain retailers.


²	Includes fountain syrups manufactured by the Company, including consolidated bottling operations, and sold to fountain retailers or to authorized fountain wholesalers or bottling partners who resell the fountain syrups to fountain retailers.

Schedule of net revenue and property plant and equipment by Geography

The following table provides information related to our net operating revenues (in millions):



Year Ended December 31,	2015		2014		2013
United States	$	20,360	$	19,763	$	19,820
International	23,934		26,235		27,034
Net operating revenues	$	44,294	$	45,998	$	46,854

The following table provides information related to our property, plant and equipment — net (in millions):



Year Ended December 31,	2015		2014		2013
United States	$	8,266	$	8,683	$	8,841
International	4,305		5,950		6,126
Property, plant and equipment — net	$	12,571	$	14,633	$	14,967

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information about our Company's operations by operating segment as of and for the years ended December 31, 2015, 2014 and 2013, 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	$	2,423	$	4,543		$	3,999		$	21,784		$	4,707	$	6,682		$	156		$	—		$	44,294
Intersegment	36		585			75			18			545		49			10			(1,318		)	—
Total net revenues	2,459		5,128			4,074			21,802			5,252		6,731			166			(1,318		)	44,294
Operating income (loss)	987		2,888			2,169			2,490			2,189		—			(1,995		)	—			8,728
Interest income	—		—			—			9			—		—			604			—			613
Interest expense	—		—			—			—			—		—			856			—			856
Depreciation and amortization	44		59			41			1,217			85		367			157			—			1,970
Equity income (loss) — net	14		25			(7		)	(17		)	9		425			40			—			489
Income (loss) before income taxes	1,004		2,919			2,164			1,475			2,207		454			(618		)	—			9,605
Identifiable operating assets¹	1,148		3,008		²	1,627			32,042			1,639		7,042		²	27,799			—			74,305
Investments³	1,061		77			657			118			158		8,073			5,644			—			15,788
Capital expenditures	19		35			70			1,341			81		735			272			—			2,553
2014
Net operating revenues:
Third party	$	2,730	$	4,844		$	4,597		$	21,462		$	5,257	$	6,972		$	136		$	—		$	45,998
Intersegment	—		692			60			17			489		67			—			(1,325		)	—
Total net revenues	2,730		5,536			4,657			21,479			5,746		7,039			136			(1,325		)	45,998
Operating income (loss)	1,084		2,852			2,316			2,447			2,448		9			(1,448		)	—			9,708
Interest income	—		—			—			—			—		—			594			—			594
Interest expense	—		—			—			—			—		—			483			—			483
Depreciation and amortization	47		75			56			1,195			96		315			192			—			1,976
Equity income (loss) — net	35		31			10			(16		)	12		691			6			—			769
Income (loss) before income taxes	1,125		2,892			2,319			1,633			2,464		715			(1,823		)	—			9,325
Identifiable operating assets¹	1,298		3,358		²	2,426			33,066			1,793		6,975		²	29,482			—			78,398
Investments³	1,081		90			757			48			157		8,781			2,711			—			13,625
Capital expenditures	30		54			55			1,293			76		628			270			—			2,406
2013
Net operating revenues:
Third party	$	2,763	$	4,645		$	4,748		$	21,574		$	5,372	$	7,598		$	154		$	—		$	46,854
Intersegment	—		689			191			16			497		78			—			(1,471		)	—
Total net revenues	2,763		5,334			4,939			21,590			5,869		7,676			154			(1,471		)	46,854
Operating income (loss)	1,087		2,859			2,908			2,432			2,478		115			(1,651		)	—			10,228
Interest income	—		—			—			—			—		—			534			—			534
Interest expense	—		—			—			—			—		—			463			—			463
Depreciation and amortization	42		86			58			1,192			130		335			134			—			1,977
Equity income (loss) — net	22		24			13			2			19		524			(2		)	—			602
Income (loss) before income taxes	1,109		2,923			2,920			2,434			2,494		679			(1,082		)	—			11,477
Identifiable operating assets¹	1,273		3,713		²	2,918			33,964			1,922		7,011		²	27,742			—			78,543
Investments³	1,157		106			545			49			143		9,424			88			—			11,512
Capital expenditures	40		34			63			1,374			117		643			279			—			2,550


¹	Principally cash and cash equivalents, short-term investments, marketable securities, trade accounts receivable, inventories, goodwill, trademarks and other intangible assets, and property, plant and equipment — net.


²	Property, plant and equipment — net in Germany represented 10 percent of consolidated property, plant and equipment — net in 2015, 10 percent in 2014 and 11 percent in 2013. The 2015 amount includes property, plant and equipment — net classified as held for sale.


³	Principally equity method investments and other investments in bottling companies.