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Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 9—Segment Information and Geographic Data (Continued)
A reconciliation of the Company’
s segment operating income and assets to the Consolidated Financial Statements for the three fiscal years ended
September 27, 2008 is as follows (in millions):
No single customer or single country outside of the U.S. accounted for more than 10% of net sales in 2008, 2007, or 2006. Net sales and long
-
lived assets related to the U.S. and international operations for the three fiscal years ended September 27, 2008, are as follows (in millions):
85
2008
2007
2006
Segment operating income
$
8,756
$
5,792
$
3,569
Other corporate expenses, net (a)
(1,965
)
(1,141
)
(953
)
Stock
-
based compensation expense
(516
)
(242
)
(163
)
Total operating income
$
6,275
$
4,409
$
2,453
Segment assets
$
7,519
$
3,588
$
2,379
Corporate assets
32,053
21,759
14,826
Consolidated assets
$
39,572
$
25,347
$
17,205
Segment depreciation, amortization, and accretion
$
129
$
109
$
75
Corporate depreciation, amortization, and accretion
344
208
150
Consolidated depreciation, amortization, and accretion
$
473
$
317
$
225
(a)
Other corporate expenses include research and development, corporate marketing expenses, manufacturing costs and variances not
included in standard costs, and other separately managed general and administrative expenses, including certain corporate expenses
associated with support of the Retail segment.
2008
2007
2006
Net sales:
U.S.
$
18,469
$
14,128
$
11,486
International
14,010
9,878
7,829
Total net sales
$
32,479
$
24,006
$
19,315
Long
-
lived assets:
U.S.
$
2,269
$
1,752
$
1,150
International
410
260
218
Total long
-
lived assets
$
2,679
$
2,012
$
1,368