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80 Starbucks Corporation 2014 Form 10-K
The table below presents financial information for our reportable operating segments and All Other Segments for the years
ended September 28, 2014, September 29, 2013, and September 30, 2012, including reclassifications resulting from the
correction of the immaterial error discussed in Note 1, Summary of Significant Accounting Policies. The reclassifications for
fiscal years 2013 and 2012 were $21.8 million and $19.2 million for the Channel Development segment, respectively, and $3.6
million and $3.5 million for All Other Segments, respectively.
(in millions)Americas EMEA China /
Asia Pacific Channel
Development All Other
Segments Segment
Total
Fiscal 2014
Total net revenues $ 11,980.5 $ 1,294.8 $ 1,129.6 $ 1,546.0 $ 496.9 $ 16,447.8
Depreciation and amortization expenses 469.5 59.4 46.1 1.8 15.2 592.0
Income from equity investees — 3.7 164.0 100.6 — 268.3
Operating income/(loss) 2,809.0 119.2 372.5 557.2 (26.8) 3,831.1
Total assets 2,521.4 663.0 939.8 84.6 825.2 5,034.0
Fiscal 2013
Total net revenues $ 11,000.8 $ 1,160.0 $ 917.0 $ 1,398.9 $ 390.1 $ 14,866.8
Depreciation and amortization expenses 429.3 55.5 33.8 1.1 11.7 531.4
Income from equity investees 2.4 0.4 152.0 96.6 — 251.4
Operating income/(loss) 2,365.2 64.2 321.2 415.5 (34.5) 3,131.6
Total assets 2,323.4 510.6 805.0 89.2 821.1 4,549.3
Fiscal 2012
Total net revenues $ 9,936.0 $ 1,141.3 $ 721.4 $ 1,273.0 $ 205.1 $ 13,276.8
Depreciation and amortization expenses 392.4 57.1 23.2 1.3 2.5 476.5
Income from equity investees 2.1 0.3 122.4 85.2 0.7 210.7
Operating income/(loss) 2,020.4 6.8 252.6 340.4 (27.4) 2,592.8
Total assets 2,199.0 467.4 656.6 88.8 80.8 3,492.6
The following table reconciles total segment operating income in the table above to consolidated earnings/(loss) before income
taxes (in millions):
Fiscal Year Ended Sep 28, 2014 Sep 29, 2013 Sep 30, 2012
Total segment operating income $ 3,831.1 $ 3,131.6 $ 2,592.8
Unallocated corporate operating expenses(1) (750.0)(3,457.0)(595.4)
Consolidated operating income/(loss) 3,081.1 (325.4) 1,997.4
Interest income and other, net 142.7 123.6 94.4
Interest expense (64.1)(28.1)(32.7)
Earnings/(loss) before income taxes $ 3,159.7 $ (229.9) $ 2,059.1
(1) Fiscal 2013 includes a pretax charge of $2,784.1 million resulting from the litigation charge we recorded associated with the
conclusion of our arbitration with Kraft.