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Segment Reporting (Tables) | 12 Months Ended
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Sep. 29, 2024
Segment Reporting [Abstract] |
Consolidated Revenue Mix by Product Type | Consolidated revenue mix by product type (in millions):
Fiscal Year Ended | Sep 29, 2024 |  | Oct 1, 2023 |  | Oct 2, 2022
Beverage(1) | $ | 21,883.9 |  |  | 60 | % |  | $ | 21,684.8 |  |  | 60 | % |  | $ | 19,555.3 |  |  | 61 | %
Food(2) | 6,749.2 |  |  | 19 | % |  | 6,585.1 |  |  | 18 | % |  | 5,804.2 |  |  | 18 | %
Other(3) | 7,543.1 |  |  | 21 | % |  | 7,705.7 |  |  | 22 | % |  | 6,890.8 |  |  | 21 | %
Total | $ | 36,176.2 |  |  | 100 | % |  | $ | 35,975.6 |  |  | 100 | % |  | $ | 32,250.3 |  |  | 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, and serveware, among other items.
Information by geographic area | Information by geographic area (in millions):
Fiscal Year Ended | Sep 29, 2024 |  | Oct 1, 2023 |  | Oct 2, 2022
Net revenues(1): |  |  |  |  |
United States | $ | 26,707.4 |  |  | $ | 26,398.3 |  |  | $ | 23,365.6 |
China | 3,008.2 |  |  | 3,081.5 |  |  | 3,008.3 |
Other countries | 6,460.6 |  |  | 6,495.8 |  |  | 5,876.4 |
Total | $ | 36,176.2 |  |  | $ | 35,975.6 |  |  | $ | 32,250.3 |
|  | Sep 29, 2024 |  | Oct 1, 2023
Long-lived assets: |  |  |  |
United States |  | $ | 15,878.4 |  |  | $ | 14,011.4 |
China |  | 4,514.2 |  |  | 4,244.9 |
Other countries |  | 4,099.3 |  |  | 3,885.8 |
Total |  | $ | 24,491.9 |  |  | $ | 22,142.1 |
Financial Information for Reportable Operating Segments and All Other Segments | The financial information below is presented for our reportable operating segments and Corporate and Other for the fiscal years ended September 29, 2024, October 1, 2023, and October 2, 2022, and as of September 29, 2024, and October 1, 2023.
(in millions) | North America |  | International |  |  |  | Channel Development |  | Corporate and Other |  | Total
Fiscal 2024 |  |  |  |  |  |  |  |  |  |  |
Total net revenues | $ | 27,009.5 |  |  | $ | 7,338.9 |  |  |  |  | $ | 1,769.8 |  |  | $ | 58.0 |  |  | $ | 36,176.2 |
Depreciation and amortization expenses | 1,052.4 |  |  | 338.3 |  |  |  |  | — |  |  | 121.9 |  |  | 1,512.6 |
Income from equity investees | — |  |  | 3.6 |  |  |  |  | 297.6 |  |  | — |  |  | 301.2 |
Operating income/(loss) | $ | 5,355.3 |  |  | $ | 1,045.7 |  |  |  |  | $ | 925.9 |  |  | $ | (1,918.1) |  |  | $ | 5,408.8 |
Fiscal 2023 |  |  |  |  |  |  |  |  |  |  |
Total net revenues | $ | 26,569.6 |  |  | $ | 7,487.6 |  |  |  |  | $ | 1,893.8 |  |  | $ | 24.6 |  |  | $ | 35,975.6 |
Depreciation and amortization expenses | 910.1 |  |  | 335.1 |  |  |  |  | 0.1 |  |  | 117.3 |  |  | 1,362.6 |
Income from equity investees | — |  |  | 2.7 |  |  |  |  | 295.7 |  |  | — |  |  | 298.4 |
Operating income/(loss) | $ | 5,495.7 |  |  | $ | 1,230.9 |  |  |  |  | $ | 967.6 |  |  | $ | (1,823.4) |  |  | $ | 5,870.8 |
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 |
(in millions) | North America |  | International |  |  |  | Channel Development |  | Corporate and Other |  | Total
Total assets at September 29, 2024 | $ | 12,737.0 |  |  | $ | 8,464.5 |  |  |  |  | $ | 148.6 |  |  | $ | 9,989.2 |  |  | $ | 31,339.3 |
Total assets at October 1, 2023 | 10,869.1 |  |  | 8,045.3 |  |  |  |  | 188.8 |  |  | 10,342.3 |  |  | 29,445.5 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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