Annual report pursuant to Section 13 and 15(d)

OPERATING SEGMENTS (Tables)

v3.3.1.900
OPERATING SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2015
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,
2015

 
2014

 
2013

Concentrate operations1
37
%
 
38
%
 
38
%
Finished product operations2
63


62

 
62

Total
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.
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,
2015

 
2014

 
2013

United States
$
20,360

 
$
19,763

 
$
19,820

International
23,934

 
26,235

 
27,034

Net operating revenues
$
44,294

 
$
45,998

 
$
46,854

The following table provides information related to our property, plant and equipment — net (in millions):
Year Ended December 31,
2015

 
2014

 
2013

United States
$
8,266

 
$
8,683

 
$
8,841

International
4,305

 
5,950

 
6,126

Property, plant and equipment — net
$
12,571

 
$
14,633

 
$
14,967

Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about our Company's operations by operating segment as of and for the years ended December 31, 2015, 2014 and 2013, is as follows (in millions):
 
Eurasia &
Africa

 
Europe

 
Latin
America

 
North
America

 
Asia Pacific

 
Bottling
Investments

 
Corporate

 
Eliminations

 
Consolidated

2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Third party
$
2,423

 
$
4,543

 
$
3,999

 
$
21,784

 
$
4,707


$
6,682

 
$
156

 
$

 
$
44,294

   Intersegment
36

 
585

 
75

 
18

 
545

 
49

 
10

 
(1,318
)
 

   Total net revenues
2,459

 
5,128

 
4,074

 
21,802

 
5,252

 
6,731

 
166

 
(1,318
)
 
44,294

Operating income (loss)
987

 
2,888

 
2,169

 
2,490

 
2,189

 

 
(1,995
)
 

 
8,728

Interest income

 

 

 
9

 

 

 
604

 

 
613

Interest expense

 

 

 

 

 

 
856

 

 
856

Depreciation and amortization
44

 
59

 
41

 
1,217

 
85

 
367

 
157

 

 
1,970

Equity income (loss) — net
14

 
25

 
(7
)
 
(17
)
 
9

 
425

 
40

 

 
489

Income (loss) before income taxes
1,004

 
2,919

 
2,164

 
1,475

 
2,207

 
454

 
(618
)
 

 
9,605

Identifiable operating assets1
1,148

 
3,008

2 
1,627

 
32,042

 
1,639

 
7,042

2 
27,799

 

 
74,305

Investments3
1,061

 
77

 
657

 
118

 
158

 
8,073

 
5,644

 

 
15,788

Capital expenditures
19

 
35

 
70

 
1,341

 
81

 
735

 
272

 

 
2,553

2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Third party
$
2,730

 
$
4,844

 
$
4,597

 
$
21,462

 
$
5,257

 
$
6,972

 
$
136

 
$

 
$
45,998

   Intersegment

 
692

 
60

 
17

 
489

 
67

 

 
(1,325
)
 

   Total net revenues
2,730

 
5,536

 
4,657

 
21,479

 
5,746

 
7,039

 
136

 
(1,325
)
 
45,998

Operating income (loss)
1,084

 
2,852

 
2,316

 
2,447

 
2,448

 
9

 
(1,448
)
 

 
9,708

Interest income

 

 

 

 

 

 
594

 

 
594

Interest expense

 

 

 

 

 

 
483

 

 
483

Depreciation and amortization
47

 
75

 
56

 
1,195

 
96

 
315

 
192

 

 
1,976

Equity income (loss) — net
35

 
31

 
10

 
(16
)
 
12

 
691

 
6

 

 
769

Income (loss) before income taxes
1,125

 
2,892

 
2,319

 
1,633

 
2,464

 
715

 
(1,823
)
 

 
9,325

Identifiable operating assets1
1,298

 
3,358

2 
2,426

 
33,066

 
1,793

 
6,975

2 
29,482

 

 
78,398

Investments3
1,081

 
90

 
757

 
48

 
157

 
8,781

 
2,711

 

 
13,625

Capital expenditures
30

 
54

 
55

 
1,293

 
76

 
628

 
270

 

 
2,406

2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Third party
$
2,763

 
$
4,645

 
$
4,748

 
$
21,574

 
$
5,372

 
$
7,598

 
$
154

 
$

 
$
46,854

   Intersegment

 
689

 
191

 
16

 
497

 
78

 

 
(1,471
)
 

   Total net revenues
2,763

 
5,334

 
4,939

 
21,590

 
5,869

 
7,676

 
154

 
(1,471
)
 
46,854

Operating income (loss)
1,087

 
2,859

 
2,908

 
2,432

 
2,478

 
115

 
(1,651
)
 

 
10,228

Interest income

 

 

 

 

 

 
534

 

 
534

Interest expense

 

 

 

 

 

 
463

 

 
463

Depreciation and amortization
42

 
86

 
58

 
1,192

 
130

 
335

 
134

 

 
1,977

Equity income (loss) — net
22

 
24

 
13

 
2

 
19

 
524

 
(2
)
 

 
602

Income (loss) before income taxes
1,109

 
2,923

 
2,920

 
2,434

 
2,494

 
679

 
(1,082
)
 

 
11,477

Identifiable operating assets1
1,273

 
3,713

2 
2,918

 
33,964

 
1,922

 
7,011

2 
27,742

 

 
78,543

Investments3
1,157

 
106

 
545

 
49

 
143

 
9,424

 
88

 

 
11,512

Capital expenditures
40

 
34

 
63

 
1,374

 
117

 
643

 
279

 

 
2,550

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 10 percent of consolidated property, plant and equipment — net in 2015, 10 percent in 2014 and 11 percent in 2013. The 2015 amount includes property, plant and equipment — net classified as held for sale.
3 
Principally equity method investments and other investments in bottling companies.