| Operating Segments |
Information about our Company's operations for the six months ended June 27, 2014 and June 28, 2013, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Asia Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,390 |
|
$ |
2,519 |
|
$ |
2,199 |
|
$ |
10,500 |
|
$ |
2,760 |
|
$ |
3,699 |
|
$ |
83 |
|
$ |
— |
|
$ |
23,150 |
|
Intersegment |
— |
|
343 |
|
30 |
|
10 |
|
278 |
|
34 |
|
— |
|
(695 |
) |
— |
|
Total net revenues |
1,390 |
|
2,862 |
|
2,229 |
|
10,510 |
|
3,038 |
|
3,733 |
|
83 |
|
(695 |
) |
23,150 |
|
Operating income (loss) |
593 |
|
1,611 |
|
1,301 |
|
1,255 |
|
1,403 |
|
12 |
|
(629 |
) |
— |
|
5,546 |
|
Income (loss) before income taxes |
621 |
|
1,635 |
|
1,303 |
|
1,107 |
|
1,411 |
|
276 |
|
(764 |
) |
— |
|
5,589 |
|
2013 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
1,434 |
|
$ |
2,313 |
|
$ |
2,296 |
|
$ |
10,591 |
|
$ |
2,817 |
|
$ |
4,236 |
|
$ |
97 |
|
$ |
— |
|
$ |
23,784 |
|
Intersegment |
— |
|
332 |
|
147 |
|
9 |
|
303 |
|
40 |
|
— |
|
(831 |
) |
— |
|
Total net revenues |
1,434 |
|
2,645 |
|
2,443 |
|
10,600 |
|
3,120 |
|
4,276 |
|
97 |
|
(831 |
) |
23,784 |
|
Operating income (loss) |
614 |
|
1,519 |
|
1,489 |
|
1,072 |
|
1,449 |
|
164 |
|
(656 |
) |
— |
|
5,651 |
|
Income (loss) before income taxes |
640 |
|
1,563 |
|
1,494 |
|
1,074 |
|
1,457 |
|
463 |
|
(822 |
) |
— |
|
5,869 |
|
Information about our Company's operations as of and for the three months ended June 27, 2014 and June 28, 2013, by operating segment, is as follows (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Eurasia
& Africa |
|
Europe |
|
Latin
America |
|
North
America |
|
Asia Pacific |
|
Bottling
Investments |
|
Corporate |
|
Eliminations |
|
Consolidated |
|
2014 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
732 |
|
$ |
1,385 |
|
$ |
1,105 |
|
$ |
5,710 |
|
$ |
1,550 |
|
$ |
2,042 |
|
$ |
50 |
|
$ |
— |
|
$ |
12,574 |
|
Intersegment |
— |
|
184 |
|
13 |
|
7 |
|
173 |
|
18 |
|
— |
|
(395 |
) |
— |
|
Total net revenues |
732 |
|
1,569 |
|
1,118 |
|
5,717 |
|
1,723 |
|
2,060 |
|
50 |
|
(395 |
) |
12,574 |
|
Operating income (loss) |
290 |
|
892 |
|
633 |
|
827 |
|
846 |
|
38 |
|
(356 |
) |
— |
|
3,170 |
|
Income (loss) before income taxes |
313 |
|
904 |
|
636 |
|
682 |
|
851 |
|
254 |
|
(256 |
) |
— |
|
3,384 |
|
Identifiable operating assets |
1,411 |
|
4,014 |
|
2,871 |
|
34,426 |
|
2,117 |
|
7,119 |
|
29,073 |
|
— |
|
81,031 |
|
Noncurrent investments |
1,189 |
|
115 |
|
807 |
|
51 |
|
149 |
|
9,557 |
|
2,590 |
|
— |
|
14,458 |
|
2013 |
|
|
|
|
|
|
|
|
|
Net operating revenues: |
|
|
|
|
|
|
|
|
|
Third party |
$ |
765 |
|
$ |
1,293 |
|
$ |
1,139 |
|
$ |
5,708 |
|
$ |
1,573 |
|
$ |
2,218 |
|
$ |
53 |
|
$ |
— |
|
$ |
12,749 |
|
Intersegment |
— |
|
175 |
|
76 |
|
5 |
|
157 |
|
20 |
|
— |
|
(433 |
) |
— |
|
Total net revenues |
765 |
|
1,468 |
|
1,215 |
|
5,713 |
|
1,730 |
|
2,238 |
|
53 |
|
(433 |
) |
12,749 |
|
Operating income (loss) |
332 |
|
836 |
|
726 |
|
731 |
|
847 |
|
125 |
|
(354 |
) |
— |
|
3,243 |
|
Income (loss) before income taxes |
351 |
|
869 |
|
730 |
|
732 |
|
853 |
|
354 |
|
(364 |
) |
— |
|
3,525 |
|
Identifiable operating assets |
1,352 |
|
3,735 |
|
2,683 |
|
34,732 |
|
2,145 |
|
8,178 |
|
25,857 |
|
— |
|
78,682 |
|
Noncurrent investments |
1,179 |
|
95 |
|
562 |
|
38 |
|
131 |
|
8,754 |
|
70 |
|
— |
|
10,829 |
|
As of December 31, 2013 |
|
|
|
|
|
|
|
|
|
Identifiable operating assets |
$ |
1,273 |
|
$ |
3,713 |
|
$ |
2,918 |
|
$ |
33,964 |
|
$ |
1,922 |
|
$ |
7,011 |
|
$ |
27,742 |
|
$ |
— |
|
$ |
78,543 |
|
Noncurrent investments |
1,157 |
|
106 |
|
545 |
|
49 |
|
143 |
|
9,424 |
|
88 |
|
— |
|
11,512 |
|
|