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Table of Contents
Summary information by operating segment for the three years ended September 25, 2010 is as follows (in millions):
A reconciliation of the Company’
s segment operating income and assets to the consolidated financial statements for the three years ended
September 25, 2010 is as follows (in millions):
80
2010
2009
2008
Americas:
Net sales
$
24,498
$
18,981
$
16,552
Operating income
$
7,590
$
6,658
$
4,901
Depreciation, amortization and accretion
$
12
$
12
$
10
Segment assets (a)
$
2,809
$
1,896
$
1,693
Europe:
Net sales
$
18,692
$
11,810
$
9,233
Operating income
$
7,524
$
4,296
$
3,022
Depreciation, amortization and accretion
$
9
$
7
$
6
Segment assets
$
1,926
$
1,352
$
1,069
Japan:
Net sales
$
3,981
$
2,279
$
1,728
Operating income
$
1,846
$
961
$
549
Depreciation, amortization and accretion
$
3
$
2
$
2
Segment assets
$
991
$
483
$
272
Asia
-
Pacific:
Net sales
$
8,256
$
3,179
$
2,686
Operating income
$
3,647
$
1,100
$
748
Depreciation, amortization and accretion
$
3
$
3
$
3
Segment assets
$
1,622
$
529
$
390
Retail:
Net sales
$
9,798
$
6,656
$
7,292
Operating income
$
2,364
$
1,677
$
1,661
Depreciation, amortization and accretion (b)
$
163
$
146
$
108
Segment assets (b)
$
1,829
$
1,344
$
1,139
(a)
The Americas asset figures do not include fixed assets held in the U.S. Such fixed assets are not allocated specifically to the Americas
segment and are included in the corporate and Retail assets figures below.
(b)
Retail segment depreciation and asset figures reflect the cost and related depreciation of its retail stores and related infrastructure.
2010
2009
2008
Segment operating income
$
22,971
$
14,692
$
10,881
Other corporate expenses, net (a)
(3,707
)
(2,242
)
(2,038
)
Stock
-
based compensation expense
(879
)
(710
)
(516
)
Total operating income
$
18,385
$
11,740
$
8,327
Segment assets
$
9,177
$
5,604
$
4,563
Corporate assets
66,006
41,897
31,608
Consolidated assets
$
75,183
$
47,501
$
36,171
Segment depreciation, amortization and accretion
$
190
$
170
$
129
Corporate depreciation, amortization and accretion
837
564
367
Consolidated depreciation, amortization and accretion
$
1,027
$
734
$
496