Segment Reporting (Tables)

9 Months Ended

Sep. 28, 2019

Segment Reporting [Abstract]

Net Sales by Segment

Net sales by segment were (in millions):

	For the Three Months Ended				For the Nine Months Ended
	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
			(As Restated)				(As Restated)
Net sales:
United States	$	4,361	$	4,431	$	13,074	$	13,312
Canada	415		525		1,425		1,573
EMEA	612		634		1,862		2,026
Rest of World	688		793		2,080		2,466
Total net sales	$	6,076	$	6,383	$	18,441	$	19,377

Segment Adjusted EBITDA

Segment Adjusted EBITDA was (in millions):

	For the Three Months Ended						For the Nine Months Ended
	September 28, 2019			September 29, 2018			September 28, 2019			September 29, 2018
				(As Restated)						(As Restated)
Segment Adjusted EBITDA:
United States	$	1,155		$	1,176		$	3,539		$	3,969
Canada	107			144			371			451
EMEA	165			165			479			553
Rest of World	100			148			303			505
General corporate expenses	(58		)	(39		)	(192		)	(128		)
Depreciation and amortization (excluding integration and restructuring expenses)	(243		)	(245		)	(730		)	(679		)
Integration and restructuring expenses	(15		)	(32		)	(56		)	(215		)
Deal costs	(6		)	(3		)	(19		)	(19		)
Unrealized gains/(losses) on commodity hedges	(9		)	(6		)	30			(11		)
Impairment losses	(5		)	(217		)	(1,223		)	(451		)
Equity award compensation expense (excluding integration and restructuring expenses)	(11		)	(17		)	(26		)	(44		)
Operating income/(loss)	1,180			1,074			2,476			3,931
Interest expense	398			326			1,035			959
Other expense/(income)	(380		)	(71		)	(893		)	(181		)
Income/(loss) before income taxes	$	1,162		$	819		$	2,334		$	3,153

Net Sales by Product Category

Net sales by product category were (in millions):

	For the Three Months Ended				For the Nine Months Ended
	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
			(As Restated)				(As Restated)
Condiments and sauces	$	1,611	$	1,629	$	4,850	$	5,113
Cheese and dairy	1,104		1,236		3,552		3,727
Ambient foods	623		612		1,782		1,866
Frozen and chilled foods	643		685		1,847		1,900
Meats and seafood	612		645		1,852		1,893
Refreshment beverages	397		387		1,190		1,197
Coffee	296		342		932		1,041
Infant and nutrition	120		172		387		596
Desserts, toppings and baking	246		244		693		714
Nuts and salted snacks	233		229		687		650
Other	191		202		669		680
Total net sales	$	6,076	$	6,383	$	18,441	$	19,377