| Operating Segments |
Information about our Company's operations as of and for the three months ended April 1, 2016 and April 3, 2015 by operating segment is as follows (in millions):
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Eurasia
& Africa |
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Europe |
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Latin
America |
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North
America |
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Asia Pacific |
|
Bottling
Investments |
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Corporate |
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Eliminations |
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Consolidated |
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2016 |
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Net operating revenues: |
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Third party |
$ |
540 |
|
$ |
1,069 |
|
$ |
917 |
|
$ |
1,421 |
|
$ |
1,102 |
|
$ |
5,251 |
|
$ |
(18 |
) |
$ |
— |
|
$ |
10,282 |
|
Intersegment |
6 |
|
135 |
|
18 |
|
943 |
|
133 |
|
41 |
|
3 |
|
(1,279 |
) |
— |
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Total net revenues |
546 |
|
1,204 |
|
935 |
|
2,364 |
|
1,235 |
|
5,292 |
|
(15 |
) |
(1,279 |
) |
10,282 |
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Operating income (loss) |
236 |
|
691 |
|
523 |
|
581 |
|
551 |
|
(118 |
) |
(323 |
) |
— |
|
2,141 |
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Income (loss) before income taxes |
246 |
|
704 |
|
518 |
|
580 |
|
554 |
|
(432 |
) |
(276 |
) |
— |
|
1,894 |
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Identifiable operating assets |
1,147 |
|
3,169 |
|
2,108 |
|
16,776 |
|
2,178 |
|
22,266 |
|
29,823 |
|
— |
|
77,467 |
|
Noncurrent investments |
1,275 |
|
81 |
|
692 |
|
106 |
|
160 |
|
8,170 |
|
3,312 |
|
— |
|
13,796 |
|
2015 |
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Net operating revenues: |
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Third party |
$ |
638 |
|
$ |
1,068 |
|
$ |
1,047 |
|
$ |
1,276 |
|
$ |
1,156 |
|
$ |
5,486 |
|
$ |
40 |
|
$ |
— |
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$ |
10,711 |
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Intersegment |
— |
|
144 |
|
19 |
|
1,041 |
|
129 |
|
45 |
|
— |
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(1,378 |
) |
— |
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Total net revenues |
638 |
|
1,212 |
|
1,066 |
|
2,317 |
|
1,285 |
|
5,531 |
|
40 |
|
(1,378 |
) |
10,711 |
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Operating income (loss) |
279 |
|
716 |
|
578 |
|
535 |
|
544 |
|
(10 |
) |
(346 |
) |
— |
|
2,296 |
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Income (loss) before income taxes |
286 |
|
724 |
|
588 |
|
532 |
|
548 |
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(46 |
) |
(651 |
) |
— |
|
1,981 |
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Identifiable operating assets |
1,298 |
|
3,211 |
|
2,215 |
|
17,103 |
|
1,794 |
|
23,312 |
|
28,101 |
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— |
|
77,034 |
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Noncurrent investments |
1,113 |
|
88 |
|
684 |
|
36 |
|
158 |
|
8,732 |
|
3,084 |
|
— |
|
13,895 |
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As of December 31, 2015 |
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Identifiable operating assets |
$ |
1,148 |
|
$ |
3,008 |
|
$ |
1,627 |
|
$ |
16,396 |
|
$ |
1,639 |
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$ |
22,688 |
|
$ |
27,702 |
|
$ |
— |
|
$ |
74,208 |
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Noncurrent investments |
1,061 |
|
77 |
|
657 |
|
107 |
|
158 |
|
8,084 |
|
5,644 |
|
— |
|
15,788 |
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