Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v3.19.3
Operating Segments (Tables)
9 Months Ended
Sep. 27, 2019
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
Europe, Middle East & Africa

Latin
America

North
America

Asia Pacific

Global Ventures

Bottling
Investments

Corporate

Eliminations

Consolidated

Nine Months Ended September 27, 2019
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
5,110

$
2,944

$
8,976

$
3,729

$
1,847

$
5,513

$
79

$

$
28,198

Intersegment
420


7

460

2

7


(896
)

Total net operating revenues
5,530

2,944

8,983

4,189

1,849

5,520

79

(896
)
28,198

Operating income (loss)
2,902

1,687

1,938

1,867

216

226

(914
)

7,922

Income (loss) before income taxes
2,701

1,636

1,924

1,891

223

348

(357
)

8,366

Nine Months Ended September 28, 2018
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
5,123

$
2,990

$
8,580

$
3,853

$
586

$
5,277

$
85

$

$
26,494

Intersegment
397

39

243

296

2

17


(994
)

Total net operating revenues
5,520

3,029

8,823

4,149

588

5,294

85

(994
)
26,494

Operating income (loss)
2,940

1,804

1,814

1,879

110

(318
)
(902
)

7,327

Income (loss) before income taxes
2,984

1,742

1,822

1,909

119

(274
)
(1,042
)

7,260


Information about our Company's operations by operating segment and Corporate is as follows (in millions):
 
Europe, Middle East & Africa

Latin
America

North
America

Asia Pacific

Global Ventures

Bottling
Investments

Corporate

Eliminations

Consolidated

As of and for the Three Months Ended September 27, 2019
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
1,672

$
1,045

$
3,137

$
1,319

$
629

$
1,681

$
24

$

$
9,507

Intersegment
156


1

143


3


(303
)

Total net operating revenues
1,828

1,045

3,138

1,462

629

1,684

24

(303
)
9,507

Operating income (loss)
886

603

641

594

77

7

(309
)

2,499

Income (loss) before income taxes
651

605

658

603

80

55

440


3,092

Identifiable operating assets
8,363

1,895

17,895

2,118

6,935

10,456

20,204


67,866

Noncurrent investments
483

719

365

223

14

13,892

3,871


19,567

As of and for the Three Months Ended September 28, 2018
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
Third party
$
1,702

$
1,001

$
2,972

$
1,348

$
183

$
1,552

$
17

$

$
8,775

Intersegment
124

1

119

72


13


(329
)

Total net operating revenues
1,826

1,002

3,091

1,420

183

1,565

17

(329
)
8,775

Operating income (loss)
933

640

663

614

44

24

(304
)

2,614

Income (loss) before income taxes
943

636

662

628

47

(152
)
(391
)

2,373

Identifiable operating assets
7,884

1,685

17,693

2,254

969

8,647

25,790


64,922

Noncurrent investments
1,158

760

404

220


15,703

3,710


21,955

As of December 31, 2018
 
 
 
 
 
 
 
 
 
Identifiable operating assets
$
7,414

$
1,715

$
17,519

$
1,996

$
968

$
10,525

$
22,800

$

$
62,937

Noncurrent investments
789

784

400

216


14,372

3,718


20,279