Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v3.10.0.1
Operating Segments (Tables)
6 Months Ended
Jun. 29, 2018
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about our Company's continuing operations by operating segment is as follows (in millions):
 
Europe, Middle East & Africa

Latin
America

North
America

Asia Pacific

Bottling
Investments

Corporate

Eliminations

Consolidated

 
As of and for the three months ended June 29, 2018
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
2,046

$
1,012

$
3,046

$
1,399

$
1,235

$
65

$

$
8,803

 
Intersegment
124

19

71

118



(208
)
124

1 
Total net operating revenues
2,170

1,031

3,117

1,517

1,235

65

(208
)
8,927

 
Operating income (loss)
1,095

593

684

705

(56
)
(294
)

2,727

 
Income (loss) from continuing
   operations before income taxes
1,117

541

699

712

91

(277
)

2,883

 
Identifiable operating assets
8,838

1,847

18,346

2,429

3,696

26,137


61,293

2 
Noncurrent investments
1,172

777

105

200

15,700

3,665


21,619

 
As of and for the three months ended June 30, 2017
 
 
 
 
 
 
 
 
 
Net operating revenues:3
 
 
 
 
 
 
 
 
 
Third party
$
2,037

$
935

$
2,326

$
1,384

$
2,975

$
45

$

$
9,702

 
Intersegment

15

577

123

23


(738
)

 
Total net operating revenues
2,037

950

2,903

1,507

2,998

45

(738
)
9,702

 
Operating income (loss)3,4
1,076

559

755

709

(651
)
(411
)

2,037

 
Income (loss) from continuing
   operations before income taxes3
1,111

559

659

716

(519
)
98


2,624

 
Identifiable operating assets
5,409

1,787

17,423

2,340

8,157

34,027


69,143

 
Noncurrent investments
1,330

880

110

168

16,035

3,480


22,003

 
As of December 31, 2017
 
 
 
 
 
 
 
 
 
Identifiable operating assets
$
5,475

$
1,896

$
17,619

$
2,072

$
4,493

$
27,060

$

$
58,615

5 
Noncurrent investments
1,238

891

112

177

15,998

3,536


21,952

 

1 Intersegment revenues do not eliminate on a consolidated basis in the table above due to intercompany sales to our discontinued operations.
2 Identifiable operating assets excludes $6,681 million of assets held for sale discontinued operations.
3 Amounts have been adjusted to reflect the reclassification of certain revenue streams from the Bottling Investments operating segment to the North America operating segment effective January 1, 2018.
4 Amounts have been adjusted to reflect the adoption of ASU 2017-07. Refer to Note 1
5 Identifiable operating assets excludes $7,329 million of assets held for sale discontinued operations.
 
Europe, Middle East & Africa

Latin
America

North
America

Asia Pacific

Bottling
Investments

Corporate

Eliminations

Consolidated

 
Six months ended June 29, 2018
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
3,738

$
1,991

$
5,671

$
2,511

$
2,286

$
83

$

$
16,280

 
Intersegment
273

38

126

224



(388
)
273

1 
Total net operating revenues
4,011

2,029

5,797

2,735

2,286

83

(388
)
16,553

 
Operating income (loss)
2,009

1,165

1,215

1,270

(517
)
(604
)

4,538

 
Income (loss) from continuing
   operations before income taxes
2,044

1,107

1,230

1,286

(297
)
(654
)

4,716

 
Six months ended June 30, 2017
 
 
 
 
 
 
 
 
 
Net operating revenues:2
 
 
 
 
 
 
 
 
 
Third party
$
3,669

$
1,848

$
3,979

$
2,462

$
6,788

$
74

$

$
18,820

 
Intersegment

28

1,341

253

46


(1,668
)

 
Total net operating revenues
3,669

1,876

5,320

2,715

6,834

74

(1,668
)
18,820

 
Operating income (loss)2,3
1,936

1,064

1,329

1,250

(740
)
(839
)

4,000

 
Income (loss) from continuing
   operations before income taxes2
1,996

1,066

1,136

1,265

(1,065
)
(267
)

4,131

 
1 Intersegment revenues do not eliminate on a consolidated basis in the table above due to intercompany sales to our discontinued operations.
2 Amounts have been adjusted to reflect the reclassification of certain revenue streams from the Bottling Investments operating segment to the North America operating segment effective January 1, 2018.
3 Amounts have been adjusted to reflect the adoption of ASU 2017-07. Refer to Note 1