XML 47 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2017

Net Revenues by Segment

Our segment net revenues and earnings, revised to reflect our new segment structure, were:

		For the Three Months Ended September 30,								For the Nine Months Ended September 30,
		2017				2016				2017				2016
		(in millions)
Net revenues:
Latin America		$	908			$	868			$	2,666			$	2,528
AMEA			1,405				1,443				4,290				4,404
Europe			2,442				2,332				6,978				7,073
North America			1,775				1,753				4,996				5,148
Net revenues		$	6,530			$	6,396			$	18,930			$	19,153

Operating Income by Segment

Our segment net revenues and earnings, revised to reflect our new segment structure, were:

		For the Three Months Ended September 30,								For the Nine Months Ended September 30,
		2017				2016				2017				2016
		(in millions)

Earnings before income taxes:
Operating income:
Latin America		$	255			$	92			$	469			$	191
AMEA			82				165				425				504
Europe			410				316				1,158				924
North America			318				274				824				840
Unrealized gains/(losses) on hedging activities (mark-to-market impacts)			28				(12	)			(69	)			(49	)
General corporate expenses			(54	)			(89	)			(196	)			(216	)
Amortization of intangibles			(45	)			(44	)			(133	)			(132	)
Net gain on divestitures			187				–				184				–
Operating income			1,181				702				2,662				2,062
Interest and other expense, net			(19	)			(145	)			(262	)			(540	)
Earnings before income taxes		$	1,162			$	557			$	2,400			$	1,522

Net Revenues by Consumer Sector

Net revenues by product category, revised to reflect our new segment structure, were:

		For the Three Months Ended September 30, 2017
		Latin America				AMEA				Europe				North America				Total
		(in millions)
Biscuits		$	210			$	444			$	761			$	1,427			$	2,842
Chocolate			207				520				1,196				74				1,997
Gum & Candy			247				228				185				274				934
Beverages			155				104				23				–				282
Cheese & Grocery			89				109				277				–				475
Total net revenues		$	908			$	1,405			$	2,442			$	1,775			$	6,530
		For the Three Months Ended September 30, 2016
		Latin America				AMEA				Europe				North America				Total
		(in millions)
Biscuits		$	191			$	416			$	677			$	1,403			$	2,687
Chocolate			185				508				1,124				65				1,882
Gum & Candy			247				239				218				285				989
Beverages			164				107				37				–				308
Cheese & Grocery			81				173				276				–				530
Total net revenues		$	868			$	1,443			$	2,332			$	1,753			$	6,396
		For the Nine Months Ended September 30, 2017
		Latin America				AMEA				Europe				North America				Total
		(in millions)
Biscuits		$	580			$	1,198			$	2,130			$	4,061			$	7,969
Chocolate			660				1,460				3,365				194				5,679
Gum & Candy			701				695				582				741				2,719
Beverages			477				466				88				–				1,031
Cheese & Grocery			248				471				813				–				1,532
Total net revenues		$	2,666			$	4,290			$	6,978			$	4,996			$	18,930
		For the Nine Months Ended September 30, 2016
		Latin America				AMEA				Europe				North America				Total
		(in millions)
Biscuits		$	551			$	1,179			$	2,039			$	4,162			$	7,931
Chocolate			562				1,393				3,368				153				5,476
Gum & Candy			713				745				688				833				2,979
Beverages			466				513				124				–				1,103
Cheese & Grocery			236				574				854				–				1,664
Total net revenues		$	2,528			$	4,404			$	7,073			$	5,148			$	19,153

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration