v3.22.4
Segment Reporting
3 Months Ended
Jan. 01, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Segment information is prepared on the same basis that our interim chief executive officer, who is our chief operating decision maker, manages the segments, evaluates financial results and makes key operating decisions.
Consolidated revenue mix by product type (in millions):
Quarter Ended
Jan 1, 2023Jan 2, 2022
Beverage(1)
$5,173.0 59 %$4,898.4 61 %
Food(2)
1,565.9 18 %1,434.6 18 %
Other(3)
1,975.0 23 %1,717.4 21 %
Total$8,713.9 100 %$8,050.4 100 %
(1)Beverage represents sales within our company-operated stores.
(2)Food includes sales within our company-operated stores.
(3)Other primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, serveware, beverage-related ingredients and ready-to-drink beverages, among other items.
The tables below present financial information for our reportable operating segments and Corporate and Other segment (in millions):
Quarter Ended
North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
January 1, 2023
Total net revenues$6,551.3 $1,680.1 $478.2 $4.3 $8,713.9 
Depreciation and amortization expenses216.9 81.5 — 28.7 327.1 
Income from equity investees— 0.5 57.3 — 57.8 
Operating income/(loss)1,212.4 240.4 226.3 (426.0)1,253.1 
January 2, 2022
Total net revenues$5,732.3 $1,875.9 $417.1 $25.1 $8,050.4 
Depreciation and amortization expenses200.0 133.1 — 32.9 366.0 
Income from equity investees— 0.7 39.6 — 40.3 
Operating income/(loss)1,083.1 299.6 183.2 (388.1)1,177.8