| Operating Segments |
Information about our Company's operations as of and for the three months ended September 28, 2012, and September 30, 2011, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2012 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
720 |
|
$ |
1,124 |
|
$ |
1,171 |
|
$ |
5,669 |
|
$ |
1,448 |
|
$ |
2,182 |
|
$ |
26 |
|
$ |
— |
|
$ |
12,340 |
|
Intersegment |
29 |
|
165 |
|
55 |
|
1 |
|
147 |
|
26 |
|
— |
|
(423 |
) |
— |
|
Total net revenues |
749 |
|
1,289 |
|
1,226 |
|
5,670 |
|
1,595 |
|
2,208 |
|
26 |
|
(423 |
) |
12,340 |
|
Operating income (loss) |
254 |
|
698 |
|
734 |
|
832 |
|
603 |
|
44 |
|
(372 |
) |
— |
|
2,793 |
|
Income (loss) before income taxes |
258 |
|
716 |
|
734 |
|
838 |
|
606 |
|
269 |
|
(337 |
) |
— |
|
3,084 |
|
Identifiable operating assets |
1,488 |
|
3,012 |
|
2,576 |
|
33,906 |
|
2,188 |
|
9,374 |
|
23,960 |
|
— |
|
76,504 |
|
Noncurrent investments |
1,143 |
|
275 |
|
556 |
|
21 |
|
126 |
|
7,953 |
|
76 |
|
— |
|
10,150 |
|
2011 — As Adjusted |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
684 |
|
$ |
1,207 |
|
$ |
1,162 |
|
$ |
5,387 |
|
$ |
1,534 |
|
$ |
2,240 |
|
$ |
34 |
|
$ |
— |
|
$ |
12,248 |
|
Intersegment |
34 |
|
192 |
|
64 |
|
— |
|
121 |
|
24 |
|
— |
|
(435 |
) |
— |
|
Total net revenues |
718 |
|
1,399 |
|
1,226 |
|
5,387 |
|
1,655 |
|
2,264 |
|
34 |
|
(435 |
) |
12,248 |
|
Operating income (loss) |
265 |
|
810 |
|
773 |
|
618 |
|
608 |
|
76 |
|
(396 |
) |
— |
|
2,754 |
|
Income (loss) before income taxes |
258 |
|
821 |
|
772 |
|
621 |
|
609 |
|
266 |
|
(420 |
) |
— |
|
2,927 |
|
Identifiable operating assets |
1,379 |
|
3,499 |
|
2,552 |
|
33,444 |
|
2,207 |
|
9,204 |
|
21,131 |
|
— |
|
73,416 |
|
Noncurrent investments |
309 |
|
266 |
|
494 |
|
26 |
|
127 |
|
7,041 |
|
74 |
|
— |
|
8,337 |
|
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 for the nine months ended September 28, 2012, and September 30, 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 |
$ |
2,147 |
|
$ |
3,492 |
|
$ |
3,381 |
|
$ |
16,375 |
|
$ |
4,317 |
|
$ |
6,742 |
|
$ |
108 |
|
$ |
— |
|
$ |
36,562 |
|
Intersegment |
126 |
|
488 |
|
176 |
|
13 |
|
372 |
|
66 |
|
— |
|
(1,241 |
) |
— |
|
Total net revenues |
2,273 |
|
3,980 |
|
3,557 |
|
16,388 |
|
4,689 |
|
6,808 |
|
108 |
|
(1,241 |
) |
36,562 |
|
Operating income (loss) |
896 |
|
2,290 |
|
2,164 |
|
2,039 |
|
1,999 |
|
169 |
|
(961 |
) |
— |
|
8,596 |
|
Income (loss) before income taxes |
911 |
|
2,340 |
|
2,164 |
|
2,066 |
|
1,998 |
|
750 |
|
(797 |
) |
— |
|
9,432 |
|
2011 — As Adjusted |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
2,054 |
|
$ |
3,725 |
|
$ |
3,308 |
|
$ |
15,567 |
|
$ |
4,175 |
|
$ |
6,548 |
|
$ |
125 |
|
$ |
— |
|
$ |
35,502 |
|
Intersegment |
124 |
|
537 |
|
205 |
|
11 |
|
306 |
|
66 |
|
— |
|
(1,249 |
) |
— |
|
Total net revenues |
2,178 |
|
4,262 |
|
3,513 |
|
15,578 |
|
4,481 |
|
6,614 |
|
125 |
|
(1,249 |
) |
35,502 |
|
Operating income (loss) |
860 |
|
2,497 |
|
2,163 |
|
1,821 |
|
1,769 |
|
189 |
|
(1,082 |
) |
— |
|
8,217 |
|
Income (loss) before income taxes |
856 |
|
2,536 |
|
2,174 |
|
1,827 |
|
1,771 |
|
700 |
|
(622 |
) |
— |
|
9,242 |
|
|