The Coca-Cola Company Current report filing

Current report filing

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting Information [Line Items]

Schedule of total net operating revenues related to concentrate and finished products operation

The following table sets forth the percentage of total net operating revenues related to concentrate operations and finished product operations:



Year Ended December 31,	2012		2011		2010
Concentrate operations¹	38	%	39	%	51	%
Finished product operations^2,3	62		61		49
Net operating revenues	100	%	100	%	100	%


¹	Includes concentrates sold by the Company to authorized bottling partners for the manufacture of fountain syrups. The bottlers then typically sell the fountain syrups to wholesalers or directly to fountain retailers.


²	Includes fountain syrups manufactured by the Company, including consolidated bottling operations, and sold to fountain retailers or to authorized fountain wholesalers or bottling partners who resell the fountain syrups to fountain retailers.


³	Includes net operating revenues related to our acquisition of CCE's former North America business for the full year in 2012 and 2011. In 2010, the percentage includes net operating revenues from the date of the CCE acquisition on October 2, 2010.

Schedule of net revenue and property plant and equipment by Geography

The following table provides information related to our net operating revenues (in millions):



Year Ended December 31,	2012		2011		2010
United States	$	19,732	$	18,699	$	10,629
International	28,285		27,843		24,490
Net operating revenues	$	48,017	$	46,542	$	35,119

The following table provides information related to our property, plant and equipment — net (in millions):



Year Ended December 31,	2012		2011		2010
United States	$	8,509	$	8,043	$	8,251
International	5,967		6,896		6,476
Property, plant and equipment — net	$	14,476	$	14,939	$	14,727

Schedule of Segment Reporting Information, by Segment [Table Text Block]



	Eurasia & Africa			Europe			Latin America		North America			Pacific		Bottling Investments			Corporate			Eliminations			Consolidated
2012
Net operating revenues:
Third party	$	2,697		$	4,481		$	4,560	$	21,665		$	5,680	$	8,807		$	127		$	—		$	48,017
Intersegment	—			642			271		15			628		88			—			(1,644		)	—
Total net revenues	2,697			5,123			4,831		21,680			6,308		8,895			127			(1,644		)	48,017
Operating income (loss)	1,078			2,960			2,879		2,597			2,516		140			(1,391		)	—			10,779
Interest income	—			—			—		—			—		—			471			—			471
Interest expense	—			—			—		—			—		—			397			—			397
Depreciation and amortization	33			100			70		1,083			119		406			171			—			1,982
Equity income (loss) — net	20			45			4		13			2		732			3			—			819
Income (loss) before income taxes	1,101			3,015			2,882		2,624			2,523		904			(1,240		)	—			11,809
Identifiable operating assets¹	1,299			2,976		²	2,759		34,114			2,163		9,648		²	22,767			—			75,726
Investments³	1,155			271			539		39			127		8,253			64			—			10,448
Capital expenditures	51			30			88		1,447			107		867			190			—			2,780
2011 — As Adjusted
Net operating revenues:
Third party	$	2,590		$	4,777		$	4,403	$	20,559		$	5,553	$	8,501		$	159		$	—		$	46,542
Intersegment	—			697			287		12			536		90			—			(1,622		)	—
Total net revenues	2,590			5,474			4,690		20,571			6,089		8,591			159			(1,622		)	46,542
Operating income (loss)	1,003			3,090			2,815		2,319			2,239		224			(1,517		)	—			10,173
Interest income	—			—			—		—			—		—			483			—			483
Interest expense	—			—			—		—			—		—			417			—			417
Depreciation and amortization	30			109			63		1,065			115		403			169			—			1,954
Equity income (loss) — net	(3		)	33			20		6			1		646			(13		)	—			690
Income (loss) before income taxes	1,001			3,134			2,832		2,327			2,242		897			(975		)	—			11,458
Identifiable operating assets¹	1,160			3,204		²	2,446		33,422			2,170		8,905		²	20,293			—			71,600
Investments³	284			243			475		26			133		7,140			73			—			8,374
Capital expenditures	50			38			105		1,364			128		1,039			196			—			2,920
2010 — As Adjusted
Net operating revenues:
Third party	$	2,330		$	4,424		$	3,880	$	11,140		$	5,037	$	8,216		$	92		$	—		$	35,119
Intersegment	2			825			241		65			458		97			—			(1,688		)	—
Total net revenues	2,332			5,249			4,121		11,205			5,495		8,313			92			(1,688		)	35,119
Operating income (loss)	914			2,976			2,405		1,520			2,114		227			(1,743		)	—			8,413
Interest income	—			—			—		—			—		—			317			—			317
Interest expense	—			—			—		—			—		—			733			—			733
Depreciation and amortization	25			106			54		575			107		430			146			—			1,443
Equity income (loss) — net	18			33			24		(4		)	1		971			(18		)	—			1,025
Income (loss) before income taxes	933			3,020			2,426		1,523			2,116		1,205			2,984			—			14,207
Identifiable operating assets¹	1,192			2,724		²	2,298		32,793			1,913		8,398		²	16,018			—			65,336
Investments³	291			243			379		57			123		6,426			66			—			7,585
Capital expenditures	57			33			94		711			103		942			275			—			2,215


¹	Principally cash and cash equivalents, short-term investments, marketable securities, trade accounts receivable, inventories, goodwill, trademarks and other intangible assets and property, plant and equipment — net.


²	Property, plant and equipment — net in Germany represented approximately 10 percent of consolidated property, plant and equipment — net in 2012, 10 percent in 2011 and 10 percent in 2010.


³	Principally equity method investments, available-for-sale securities and nonmarketable investments in bottling companies.

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References + Details

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details