| Operating Segments |
Information about our Company's operations as of and for the three months ended June 29, 2012, and July 1, 2011, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2012 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
777 |
|
$ |
1,314 |
|
$ |
1,083 |
|
$ |
5,789 |
|
$ |
1,594 |
|
$ |
2,476 |
|
$ |
52 |
|
$ |
— |
|
$ |
13,085 |
|
Intersegment |
63 |
|
173 |
|
62 |
|
8 |
|
121 |
|
21 |
|
— |
|
(448 |
) |
— |
|
Total net revenues |
840 |
|
1,487 |
|
1,145 |
|
5,797 |
|
1,715 |
|
2,497 |
|
52 |
|
(448 |
) |
13,085 |
|
Operating income (loss) |
347 |
|
897 |
|
686 |
|
756 |
|
823 |
|
90 |
|
(305 |
) |
— |
|
3,294 |
|
Income (loss) before income taxes |
357 |
|
916 |
|
687 |
|
761 |
|
821 |
|
312 |
|
(231 |
) |
— |
|
3,623 |
|
Identifiable operating assets |
1,436 |
|
3,159 |
|
2,459 |
|
34,316 |
|
2,257 |
|
9,218 |
|
23,068 |
|
— |
|
75,913 |
|
Noncurrent investments |
820 |
|
265 |
|
495 |
|
22 |
|
123 |
|
7,437 |
|
74 |
|
— |
|
9,236 |
|
2011 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
748 |
|
$ |
1,446 |
|
$ |
1,064 |
|
$ |
5,496 |
|
$ |
1,500 |
|
$ |
2,420 |
|
$ |
63 |
|
$ |
— |
|
$ |
12,737 |
|
Intersegment |
56 |
|
193 |
|
69 |
|
8 |
|
97 |
|
23 |
|
— |
|
(446 |
) |
— |
|
Total net revenues |
804 |
|
1,639 |
|
1,133 |
|
5,504 |
|
1,597 |
|
2,443 |
|
63 |
|
(446 |
) |
12,737 |
|
Operating income (loss) |
330 |
|
973 |
|
674 |
|
739 |
|
718 |
|
105 |
|
(360 |
) |
— |
|
3,179 |
|
Income (loss) before income taxes |
330 |
|
995 |
|
674 |
|
742 |
|
718 |
|
305 |
|
35 |
|
— |
|
3,799 |
|
Identifiable operating assets |
1,412 |
|
3,435 |
|
2,484 |
|
34,118 |
|
2,186 |
|
9,028 |
|
18,971 |
|
— |
|
71,634 |
|
Noncurrent investments |
323 |
|
267 |
|
477 |
|
26 |
|
130 |
|
7,160 |
|
73 |
|
— |
|
8,456 |
|
As of December 31, 2011 |
|
|
|
|
|
|
|
|
|
Identifiable operating assets |
$ |
1,245 |
|
$ |
3,204 |
|
$ |
2,446 |
|
$ |
33,422 |
|
$ |
2,085 |
|
$ |
8,905 |
|
$ |
20,293 |
|
$ |
— |
|
$ |
71,600 |
|
Noncurrent investments |
284 |
|
243 |
|
475 |
|
26 |
|
133 |
|
7,140 |
|
73 |
|
— |
|
8,374 |
|
|
Information about our Company's operations as of and for the six months ended June 29, 2012, and July 1, 2011, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2012 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,427 |
|
$ |
2,368 |
|
$ |
2,210 |
|
$ |
10,706 |
|
$ |
2,869 |
|
$ |
4,560 |
|
$ |
82 |
|
$ |
— |
|
$ |
24,222 |
|
Intersegment |
97 |
|
323 |
|
121 |
|
12 |
|
225 |
|
40 |
|
— |
|
(818 |
) |
— |
|
Total net revenues |
1,524 |
|
2,691 |
|
2,331 |
|
10,718 |
|
3,094 |
|
4,600 |
|
82 |
|
(818 |
) |
24,222 |
|
Operating income (loss) |
642 |
|
1,592 |
|
1,430 |
|
1,207 |
|
1,396 |
|
125 |
|
(589 |
) |
— |
|
5,803 |
|
Income (loss) before income taxes |
653 |
|
1,624 |
|
1,430 |
|
1,228 |
|
1,392 |
|
481 |
|
(460 |
) |
— |
|
6,348 |
|
2011 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,370 |
|
$ |
2,518 |
|
$ |
2,146 |
|
$ |
10,180 |
|
$ |
2,641 |
|
$ |
4,308 |
|
$ |
91 |
|
$ |
— |
|
$ |
23,254 |
|
Intersegment |
90 |
|
345 |
|
141 |
|
11 |
|
185 |
|
42 |
|
— |
|
(814 |
) |
— |
|
Total net revenues |
1,460 |
|
2,863 |
|
2,287 |
|
10,191 |
|
2,826 |
|
4,350 |
|
91 |
|
(814 |
) |
23,254 |
|
Operating income (loss) |
595 |
|
1,687 |
|
1,390 |
|
1,203 |
|
1,161 |
|
113 |
|
(686 |
) |
— |
|
5,463 |
|
Income (loss) before income taxes |
598 |
|
1,715 |
|
1,402 |
|
1,206 |
|
1,162 |
|
434 |
|
(202 |
) |
— |
|
6,315 |
|
|