The Coca-Cola Company Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2018

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,	2018		2017		2016
Concentrate operations	64	%	51	%	40	%
Finished product operations	36		49		60
Total	100	%	100	%	100	%

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,	2018		2017		2016
United States	$	11,344	$	14,727	$	19,899
International	20,512		20,683		21,964
Net operating revenues	$	31,856	$	35,410	$	41,863

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



Year Ended December 31,	2018		2017		2016
United States	$	4,154	$	4,163	$	6,784
International	4,078		4,040		3,851
Property, plant and equipment — net	$	8,232	$	8,203	$	10,635

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

Information about our Company's continuing operations by operating segment and Corporate as of and for the years ended December 31, 2018, 2017 and 2016, is as follows (in millions):



	Europe, Middle East & Africa		Latin America			North America			Asia Pacific			Bottling Investments				Corporate			Eliminations			Consolidated
2018
Net operating revenues:
Third party	$	7,138	$	3,975		$	11,505		$	4,809		$	3,760			$	105		$	—		$	31,292
Intersegment	564		39			263			388			11				—			(701		)	564		⁴
Total net operating revenues	7,702		4,014			11,768			5,197			3,771				105			(701		)	31,856
Operating income (loss)	3,714		2,321			2,453			2,278			(649		)		(1,417		)	—			8,700
Interest income	—		—			70			—			—				612			—			682
Interest expense	—		—			—			—			—				919			—			919
Depreciation and amortization	85		30			422			58			239				252			—			1,086
Equity income (loss) — net	2		(19		)	(2		)	12			828				187			—			1,008
Income (loss) from continuing operations before income taxes	3,406		2,247			2,494			2,305			(612		)		(1,490		)	—			8,350
Identifiable operating assets¹	7,985		1,715			17,913			1,999		²	4,135			²	22,649			—			56,396		⁵
Investments³	789		784			400			216			14,367				3,718			—			20,274
Capital expenditures	77		90			429			31			316				404			—			1,347
2017
Net operating revenues:
Third party	$	7,332	$	3,956		$	8,796		$	4,767		$	10,379			$	138		$	—		$	35,368
Intersegment	42		73			1,954			409			81				—			(2,517		)	42		⁴
Total net operating revenues	7,374		4,029			10,750			5,176			10,460				138			(2,517		)	35,410
Operating income (loss)	3,625		2,218			2,591			2,147			(962		)		(2,020		)	—			7,599
Interest income	—		—			44			—			—				633			—			677
Interest expense	—		—			—			—			—				841			—			841
Depreciation and amortization	91		37			411			65			454				202			—			1,260
Equity income (loss) — net	48		(3		)	(3		)	11			878				140			—			1,071
Income (loss) from continuing operations before income taxes	3,706		2,211			2,320			2,179			(2,358		)		(1,316		)	—			6,742
Identifiable operating assets¹	5,475		1,896			17,619			2,072		²	4,493			²	27,060			—			58,615		⁵
Investments³	1,238		891			112			177			15,998				3,536			—			21,952
Capital expenditures	81		55			541			50			662				286			—			1,675
2016
Net operating revenues:
Third party	$	7,014	$	3,746		$	6,587		$	4,788		$	19,601			$	127		$	—		$	41,863
Intersegment	264		73			3,738			506			134				5			(4,720		)	—
Total net operating revenues	7,278		3,819			10,325			5,294			19,735				132			(4,720		)	41,863
Operating income (loss)	3,668		1,953			2,614			2,210			1				(1,789		)	—			8,657
Interest income	—		—			27			—			—				615			—			642
Interest expense	—		—			—			—			—				733			—			733
Depreciation and amortization	93		35			426			80			1,013				140			—			1,787
Equity income (loss) — net	62		18			(17		)	9			648				115			—			835
Income (loss) from continuing operations before income taxes	3,749		1,966			2,592			2,238			(1,955		)		(454		)	—			8,136
Capital expenditures	62		45			438			107			1,329				281			—			2,262


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 India represented 10 percent and 11 percent of consolidated property, plant and equipment — net in 2018 and 2017, respectively.


³	Principally equity method investments and other investments in bottling companies.