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Segment Information (Tables)
6 Months Ended
Sep. 26, 2015
Segment Reporting [Abstract]  
Net revenues by segment
Net revenues and operating income for each of the Company's reportable segments are as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
(millions)
Net revenues:
 
 
 
 
 
 
 
 
Wholesale
 
$
927

 
$
943

 
$
1,569

 
$
1,651

Retail
 
996

 
1,006

 
1,931

 
1,966

Licensing
 
47

 
45

 
88

 
85

Total net revenues
 
$
1,970

 
$
1,994

 
$
3,588

 
$
3,702

Net operating income by segment
 
 
Three Months Ended
 
Six Months Ended
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
(millions)
Operating income:
 
 
 
 
 
 
 
 
Wholesale(a)
 
$
247

 
$
247

 
$
384

 
$
427

Retail(b)
 
123

 
137

 
233

 
305

Licensing
 
42

 
42

 
78

 
78

 
 
412

 
426

 
695

 
810

Unallocated corporate expenses
 
(151
)
 
(138
)
 
(304
)
 
(274
)
Unallocated restructuring and other charges(c)
 
(31
)
 
(2
)
 
(65
)
 
(6
)
Total operating income
 
$
230

 
$
286

 
$
326

 
$
530


 
(a) 
During the three-month and six-month periods ended September 26, 2015, the Company recorded non-cash impairment charges of $2 million and $5 million, respectively, primarily to write off certain fixed assets related to its shop-within-shops in connection with the Global Reorganization Plan. During the six-month period ended September 27, 2014, the Company recorded non-cash impairment charges of $1 million, primarily to write off certain fixed assets related to its European operations. See Notes 8 and 9 for additional information.
(b) 
During the three-month and six-month periods ended September 26, 2015, the Company recorded non-cash impairment charges of $5 million and $10 million, respectively, primarily to write off certain fixed assets related to its stores and concession-based shop-within-shops in connection with the Global Reorganization Plan. During both the three-month and six-month periods ended September 27, 2014, the Company recorded non-cash impairment charges of $1 million, primarily to write off certain fixed assets related its domestic retail stores. See Notes 8 and 9 for additional information.
(c) 
The three-month and six-month periods ended September 26, 2015 and September 27, 2014 included certain unallocated restructuring and other charges (see Note 9), which are detailed below:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
 
(millions)
 
Unallocated restructuring and other
   charges:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$
(2
)
 
$
(1
)
 
$
(10
)
 
$
(3
)
 
Retail-related
 
(8
)
 
(1
)
 
(19
)
 
(3
)
 
Licensing-related
 

 

 
(1
)
 

 
Corporate operations-related
 
(9
)
 

 
(23
)
 

 
Unallocated restructuring charges
 
(19
)
 
(2
)
 
(53
)
 
(6
)
 
Other charges (see Note 9)
 
(12
)
 

 
(12
)
 

 
Total unallocated restructuring and other
   charges
 
$
(31
)
 
$
(2
)
 
$
(65
)
 
$
(6
)

Restructuring and other charges by segment
The three-month and six-month periods ended September 26, 2015 and September 27, 2014 included certain unallocated restructuring and other charges (see Note 9), which are detailed below:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
 
(millions)
 
Unallocated restructuring and other
   charges:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$
(2
)
 
$
(1
)
 
$
(10
)
 
$
(3
)
 
Retail-related
 
(8
)
 
(1
)
 
(19
)
 
(3
)
 
Licensing-related
 

 

 
(1
)
 

 
Corporate operations-related
 
(9
)
 

 
(23
)
 

 
Unallocated restructuring charges
 
(19
)
 
(2
)
 
(53
)
 
(6
)
 
Other charges (see Note 9)
 
(12
)
 

 
(12
)
 

 
Total unallocated restructuring and other
   charges
 
$
(31
)
 
$
(2
)
 
$
(65
)
 
$
(6
)
Depreciation and amortization by segment
Depreciation and amortization expense for the Company's segments is as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
(millions)
Depreciation and amortization:
 
 
 
 
 
 
 
 
Wholesale
 
$
15

 
$
17

 
$
30

 
$
34

Retail
 
39

 
37

 
78

 
71

Unallocated corporate expenses
 
23

 
18

 
43

 
36

Total depreciation and amortization
 
$
77

 
$
72

 
$
151

 
$
141

Net revenues by geographic location

Net revenues by geographic location of the reporting subsidiary are as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
 
(millions)
Net revenues(a):
 
 
 
 
 
 
 
 
The Americas(b)
 
$
1,319

 
$
1,309

 
$
2,398

 
$
2,448

Europe(c)
 
431

 
452

 
764

 
812

  Asia(d)
 
220

 
233

 
426

 
442

Total net revenues
 
$
1,970

 
$
1,994

 
$
3,588

 
$
3,702

 
(a) 
Net revenues for certain of the Company's licensed operations are included within the geographic location of the reporting subsidiary which holds the respective license.
(b) 
Includes the U.S., Canada, and Latin America. Net revenues earned in the U.S. during the three-month and six-month periods ended September 26, 2015 were $1.247 billion and $2.276 billion, respectively, and $1.246 billion and $2.330 billion during the three-month and six-month periods ended September 27, 2014, respectively.
(c) 
Includes the Middle East.
(d) 
Includes Australia and New Zealand.