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Segment Reporting | 12 Months Ended
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Oct. 02, 2022
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting Segment information is prepared on the same basis that our interim ceo, who is our Chief Operating Decision Maker, manages the segments, evaluates financial results and makes key operating decisions. We have three reportable operating segments: 1) North America, which is inclusive of the U.S. and Canada; 2) International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America and the Caribbean; and 3) Channel Development. North America and International operations sell coffee and other beverages, complementary food, packaged coffees, single-serve coffee products and a focused selection of merchandise through company-operated stores and licensed stores. Our North America segment is our most mature business and has achieved significant scale. Channel Development revenues include packaged coffee, tea, foodservice products and ready-to-drink beverages to customers outside of our company-operated and licensed stores. Most of our Channel Development revenues are from product sales to and royalty revenues from Nestlé through the Global Coffee Alliance. Consolidated revenue mix by product type (in millions):
Fiscal Year Ended | Oct 2, 2022 |  | Oct 3, 2021 |  | Sep 27, 2020
Beverage(1) | $ | 19,555.3 |  |  | 61 | % |  | $ | 18,317.0 |  |  | 63 | % |  | $ | 14,337.5 |  |  | 61 | %
Food(2) | 5,804.2 |  |  | 18 | % |  | 5,053.4 |  |  | 17 | % |  | 3,799.2 |  |  | 16 | %
Other(3) | 6,890.8 |  |  | 21 | % |  | 5,690.2 |  |  | 20 | % |  | 5,381.3 |  |  | 23 | %
Total | $ | 32,250.3 |  |  | 100 | % |  | $ | 29,060.6 |  |  | 100 | % |  | $ | 23,518.0 |  |  | 100 | %
(1) Beverage represents sales within our company-operated stores. (2) Food includes sales within our company-operated stores. (3) “Other” primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients, serveware and ready-to-drink beverages, among other items. Information by geographic area (in millions):
Fiscal Year Ended | Oct 2, 2022 |  | Oct 3, 2021 |  | Sep 27, 2020
Net revenues: |  |  |  |  |
United States | $ | 23,365.6 |  |  | $ | 20,377.8 |  |  | $ | 16,879.8 |
China | 3,008.3 |  |  | 3,674.8 |  |  | 2,582.8 |
Other countries | 5,876.4 |  |  | 5,008.0 |  |  | 4,055.4 |
Total | $ | 32,250.3 |  |  | $ | 29,060.6 |  |  | $ | 23,518.0 |
Long-lived assets: |  |  |  |  |
United States | $ | 13,176.2 |  |  | $ | 12,819.4 |  |  | $ | 12,624.9 |
China | 4,174.0 |  |  | 4,673.8 |  |  | 4,425.6 |
Other countries | 3,609.5 |  |  | 4,143.0 |  |  | 4,517.6 |
Total | $ | 20,959.7 |  |  | $ | 21,636.2 |  |  | $ | 21,568.1 |
No customer accounts for 10% or more of our revenues. Revenues are shown based on the geographic location of our customers. Revenues from countries other than the U.S. and China consist primarily of revenues from Japan, Canada and the U.K., which together account for approximately 74% of net revenues from other countries for fiscal 2022. Management evaluates the performance of its operating segments based on net revenues and operating income. The accounting policies of the operating segments are the same as those described in Note 1, Summary of Significant Accounting Policies and Estimates. Operating income represents earnings before other income and expenses and income taxes. The identifiable assets by segment disclosed in this note are those assets specifically identifiable within each segment and include cash and cash equivalents, ROU assets, net property, plant and equipment, equity and cost investments, goodwill and other intangible assets. Assets not attributed to reportable operating segments are corporate assets and are primarily comprised of cash and cash equivalents available for general corporate purposes, investments, assets of the corporate headquarters and roasting facilities and inventory. The table below presents financial information for our reportable operating segments and Corporate and Other segment for the fiscal years ended October 2, 2022, October 3, 2021 and September 27, 2020.
(in millions) | North America |  | International |  |  |  | Channel Development |  | Corporate and Other |  | Total
Fiscal 2022 |  |  |  |  |  |  |  |  |  |  |
Total net revenues | $ | 23,370.8 |  |  | $ | 6,940.1 |  |  |  |  | $ | 1,843.6 |  |  | $ | 95.8 |  |  | $ | 32,250.3 |
Depreciation and amortization expenses | 808.4 |  |  | 513.0 |  |  |  |  | 0.1 |  |  | 126.4 |  |  | 1,447.9 |
Income from equity investees | — |  |  | 2.3 |  |  |  |  | 231.8 |  |  | — |  |  | 234.1 |
Operating income/(loss) | 4,486.5 |  |  | 833.2 |  |  |  |  | 817.3 |  |  | (1,519.2) |  |  | 4,617.8 |
Total assets | $ | 10,029.9 |  |  | $ | 8,602.8 |  |  |  |  | $ | 130.5 |  |  | $ | 9,215.2 |  |  | $ | 27,978.4 |
Fiscal 2021 |  |  |  |  |  |  |  |  |  |  |
Total net revenues | $ | 20,447.9 |  |  | $ | 6,921.6 |  |  |  |  | $ | 1,593.6 |  |  | $ | 97.5 |  |  | $ | 29,060.6 |
Depreciation and amortization expenses | 753.9 |  |  | 544.7 |  |  |  |  | 1.2 |  |  | 141.9 |  |  | 1,441.7 |
Income from equity investees | — |  |  | 135.3 |  |  |  |  | 250.0 |  |  | — |  |  | 385.3 |
Operating income/(loss) | 4,259.3 |  |  | 1,245.7 |  |  |  |  | 789.1 |  |  | (1,422.0) |  |  | 4,872.1 |
Total assets | $ | 10,571.8 |  |  | $ | 10,083.3 |  |  |  |  | $ | 125.4 |  |  | $ | 10,612.1 |  |  | $ | 31,392.6 |
Fiscal 2020 |  |  |  |  |  |  |  |  |  |  |
Total net revenues(1) | $ | 16,296.2 |  |  | $ | 5,230.6 |  |  |  |  | $ | 1,925.0 |  |  | $ | 66.2 |  |  | $ | 23,518.0 |
Depreciation and amortization expenses | 762.0 |  |  | 518.4 |  |  |  |  | 1.2 |  |  | 149.7 |  |  | 1,431.3 |
Income from equity investees | — |  |  | 102.3 |  |  |  |  | 220.2 |  |  | — |  |  | 322.5 |
Operating income/(loss)(1) | 1,801.7 |  |  | 370.6 |  |  |  |  | 687.2 |  |  | (1,297.8) |  |  | 1,561.7 |
Total assets | $ | 10,717.4 |  |  | $ | 9,449.7 |  |  |  |  | $ | 165.0 |  |  | $ | 9,042.4 |  |  | $ | 29,374.5 |
(1) North America, International and Corporate and Other total net revenues and operating income/(loss) for fiscal year ended September 27, 2020 have been restated to conform with current period presentation.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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