Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v3.20.1
Operating Segments (Tables)
3 Months Ended
Mar. 27, 2020
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
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 March 27, 2020
 
 
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
Third party
$
1,573

 
$
930

$
2,849

$
989

$
573

$
1,656

 
$
31

$

$
8,601

Intersegment
152

 

1

139


2

 

(294
)

Total net operating revenues
1,725

 
930

2,850

1,128

573

1,658

 
31

(294
)
8,601

Operating income (loss)
960

 
539

387

511

19

63

 
(99
)

2,380

Income (loss) before income taxes
971

 
535

402

513

18

198

 
373


3,010

Identifiable operating assets
8,172

1 
1,853

20,600

2,312

7,378

10,184

1 
24,842


75,341

Investments2
498

 
661

357

225

11

12,968

 
3,952


18,672

As of and for the Three Months Ended March 29, 2019
 
 
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
Third party
$
1,634

 
$
896

$
2,681

$
1,060

$
583

$
1,808

 
$
32

$

$
8,694

Intersegment
138

 

2

127

2

2

 

(271
)

Total net operating revenues
1,772

 
896

2,683

1,187

585

1,810

 
32

(271
)
8,694

Operating income (loss)
978

 
496

586

542

66

100

 
(333
)

2,435

Income (loss) before income taxes
988

 
491

537

550

68

(100
)
 
(309
)

2,225

Identifiable operating assets
8,379

1 
1,838

18,316

2,088

7,350

10,867

1 
19,305


68,143

Investments2
719

 
786

343

223


14,360

 
3,773


20,204

As of December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
Identifiable operating assets
$
8,143

1 
$
1,801

$
17,687

$
2,060

$
7,265

$
11,170

1 
$
18,376

$

$
66,502

Investments2
543

 
716

358

224

14

14,093

 
3,931


19,879


1 Property, plant and equipment — net in South Africa represented 14 percent, 14 percent and 16 percent of consolidated property, plant and equipment — net as of March 27, 2020, March 29, 2019 and December 31, 2019, respectively.
2 Principally equity method investments and other investments in bottling companies.