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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Net Revenues and Earnings

Our segment net revenues and earnings were:

	For the Three Months Ended March 31,
	2019				2018
	(in millions)
Net revenues:
Latin America	$	800			$	891
AMEA	1,541				1,542
Europe	2,551				2,706
North America	1,646				1,626
Net revenues	$	6,538			$	6,765
Earnings before income taxes:
Operating income:
Latin America	$	98			$	126
AMEA	256				228
Europe	500				497
North America	319				275
Unrealized gains on hedging activities (mark-to-market impacts)	16				206
General corporate expenses	(109		)		(64		)
Amortization of intangibles	(44		)		(44		)
Operating income	1,036				1,224
Benefit plan non-service income	17				13
Interest and other expense, net	(80		)		(80		)
Earnings before income taxes	$	973			$	1,157

Schedule of Net Revenues by Product Category

Net revenues by product category were:

	For the Three Months Ended March 31, 2019
	Latin America				AMEA				Europe				North America				Total
	(in millions)
Biscuits	$	170			$	461			$	734			$	1,372			$	2,737
Chocolate	230				557				1,360				59				2,206
Gum & Candy	200				225				173				215				813
Beverages	123				172				26				—				321
Cheese & Grocery	77				126				258				—				461
Total net revenues	$	800			$	1,541			$	2,551			$	1,646			$	6,538
	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

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599

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