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Segment Information (Tables)
9 Months Ended
Dec. 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
 
Nine Months Ended
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
(millions)
Net revenues:
 
 
 
 
 
 
 
 
Wholesale
 
$
786

 
$
837

 
$
2,355

 
$
2,488

Retail
 
1,113

 
1,149

 
3,044

 
3,115

Licensing
 
47

 
47

 
135

 
132

Total net revenues
 
$
1,946

 
$
2,033

 
$
5,534

 
$
5,735

Net operating income by segment
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
(millions)
Operating income:
 
 
 
 
 
 
 
 
Wholesale(a)
 
$
183

 
$
207

 
$
567

 
$
634

Retail(b)
 
136

 
194

 
369

 
499

Licensing
 
42

 
42

 
120

 
120

 
 
361

 
443

 
1,056

 
1,253

Unallocated corporate expenses
 
(114
)
 
(127
)
 
(418
)
 
(401
)
Unallocated restructuring and other charges(c)
 
(58
)
 
(1
)
 
(123
)
 
(7
)
Total operating income
 
$
189

 
$
315

 
$
515

 
$
845


 
(a) 
During the three-month and nine-month periods ended December 26, 2015, the Company recorded non-cash impairment charges of $1 million and $6 million, respectively, primarily to write off certain fixed assets related to its shop-within-shops in connection with the Global Reorganization Plan. During the nine-month period ended December 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 nine-month periods ended December 26, 2015, the Company recorded non-cash impairment charges of $8 million and $18 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 the nine-month period ended December 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 nine-month periods ended December 26, 2015 and December 27, 2014 included certain unallocated restructuring and other charges (see Note 9), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
 
(millions)
 
Unallocated restructuring and other
   charges:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$

 
$

 
$
(10
)
 
$
(3
)
 
Retail-related
 
(1
)
 
(1
)
 
(20
)
 
(4
)
 
Licensing-related
 

 

 
(1
)
 

 
Corporate operations-related
 
(22
)
 

 
(45
)
 

 
Unallocated restructuring charges
 
(23
)
 
(1
)
 
(76
)
 
(7
)
 
Other charges (see Note 9)
 
(35
)
 

 
(47
)
 

 
Total unallocated restructuring and other
   charges
 
$
(58
)
 
$
(1
)
 
$
(123
)
 
$
(7
)

Restructuring and other charges by segment
The three-month and nine-month periods ended December 26, 2015 and December 27, 2014 included certain unallocated restructuring and other charges (see Note 9), which are detailed below:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
 
(millions)
 
Unallocated restructuring and other
   charges:
 
 
 
 
 
 
 
 
 
Wholesale-related
 
$

 
$

 
$
(10
)
 
$
(3
)
 
Retail-related
 
(1
)
 
(1
)
 
(20
)
 
(4
)
 
Licensing-related
 

 

 
(1
)
 

 
Corporate operations-related
 
(22
)
 

 
(45
)
 

 
Unallocated restructuring charges
 
(23
)
 
(1
)
 
(76
)
 
(7
)
 
Other charges (see Note 9)
 
(35
)
 

 
(47
)
 

 
Total unallocated restructuring and other
   charges
 
$
(58
)
 
$
(1
)
 
$
(123
)
 
$
(7
)
Depreciation and amortization by segment
Depreciation and amortization expense for the Company's segments is as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
(millions)
Depreciation and amortization:
 
 
 
 
 
 
 
 
Wholesale
 
$
15

 
$
17

 
$
45

 
$
51

Retail
 
39

 
42

 
117

 
113

Licensing
 
1

 

 
1

 

Unallocated corporate expenses
 
21

 
19

 
64

 
55

Total depreciation and amortization
 
$
76

 
$
78

 
$
227

 
$
219

Net revenues by geographic location

Net revenues by geographic location of the reporting subsidiary are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
December 26,
2015
 
December 27,
2014
 
December 26,
2015
 
December 27,
2014
 
 
(millions)
Net revenues(a):
 
 
 
 
 
 
 
 
The Americas(b)
 
$
1,321

 
$
1,390

 
$
3,719

 
$
3,838

Europe(c)
 
399

 
409

 
1,163

 
1,221

  Asia(d)
 
226

 
234

 
652

 
676

Total net revenues
 
$
1,946

 
$
2,033

 
$
5,534

 
$
5,735

 
(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 nine-month periods ended December 26, 2015 were $1.251 billion and $3.527 billion, respectively, and $1.317 billion and $3.647 billion during the three-month and nine-month periods ended December 27, 2014, respectively.
(c) 
Includes the Middle East.
(d) 
Includes Australia and New Zealand.