XML 54 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Net Revues and Earnings

Our segment net revenues and earnings were:

	For the Three Months Ended March 31,
	2018				2017
	(in millions)
Net revenues:
Latin America	$	891			$	910
AMEA	1,542				1,491
Europe	2,706				2,365
North America	1,626				1,648
Net revenues	$	6,765			$	6,414
Earnings before income taxes:
Operating income:
Latin America	$	126			$	111
AMEA	228				181
Europe	497				393
North America	275				292
Unrealized gains/(losses) on hedging activities (mark-to-market impacts)	206				(51		)
General corporate expenses	(64		)		(57		)
Amortization of intangibles	(44		)		(44		)
Operating income	1,224				825
Benefit plan non-service income	13				15
Interest and other expense, net	(80		)		(119		)
Earnings before income taxes	$	1,157			$	721

Schedule of Net Revenues by Product Category

Net revenues by product category were:

	For the Three Months Ended March 31, 2018
	Latin America				AMEA				Europe				North America				Total
	(in millions)
Biscuits	$	183			$	442			$	795			$	1,333			$	2,753
Chocolate	243				573				1,423				57				2,296
Gum & Candy	224				235				186				236				881
Beverages	161				172				28				—				361
Cheese & Grocery	80				120				274				—				474
Total net revenues	$	891			$	1,542			$	2,706			$	1,626			$	6,765

	For the Three Months Ended March 31, 2017 (1)
	Latin America				AMEA				Europe				North America				Total
	(in millions)
Biscuits	$	170			$	400			$	665			$	1,333			$	2,568
Chocolate	259				514				1,209				70				2,052
Gum & Candy	213				229				193				245				880
Beverages	193				173				41				—				407
Cheese & Grocery	75				175				257				—				507
Total net revenues	$	910			$	1,491			$	2,365			$	1,648			$	6,414

(1) During the first quarter of 2018, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2018 presentation.

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

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration