Reportable Segments (Tables)

6 Months Ended

Jul. 02, 2016

Segment Reporting [Abstract]

Schedule of Reportable Segment Information

	Quarter ended					Year-to-date period ended
(millions)	July 2, 2016		July 4, 2015			July 2, 2016			July 4, 2015
Net sales
U.S. Morning Foods	$	727	$	742		$	1,494		$	1,518
U.S. Snacks	803		835			1,635			1,689
U.S. Specialty	271		270			647			631
North America Other	406		439			820			872
Europe	629		650			1,227			1,257
Latin America	204		328			396			623
Asia Pacific	228		234			444			464
Consolidated	$	3,268	$	3,498		$	6,663		$	7,054
Operating profit
U.S. Morning Foods	$	165	$	131		$	313		$	258
U.S. Snacks (a)	69		160			152			240
U.S. Specialty	60		59			146			137
North America Other	47		37			92			96
Europe	68		57			138			118
Latin America (b)	20		(56		)	43			(5		)
Asia Pacific	12		10			29			22
Total Reportable Segments	441		398			913			866
Corporate (c)	8		14			(26		)	(70		)
Consolidated	$	449	$	412		$	887		$	796

(a) Includes a non-cash gain of $67 million associated with the deconsolidation of a VIE during the quarter and year-to-date period ended July 4, 2015.

(b) Includes non-cash losses totaling $7 million and $103 million associated with the remeasurement of the financial statements of the Company's Venezuela subsidiary during the quarters ended July 2, 2016 and July 4, 2015, respectively. Includes a non-cash loss of $13 million and $103 million associated with the remeasurement of the financial statements of the Company's Venezuela subsidiary during the year-to-date periods ended July 2, 2016 and July 4, 2015, respectively.

(c) Includes mark-to-market adjustments for pension plans, commodity and foreign currency contracts totaling $20 million and $35 million for the quarters ended July 2, 2016 and July 4, 2015, respectively. Includes mark-to-market adjustments for pension plans, commodity and foreign currency contracts totaling ($4) million and ($32) million for the year-to-date periods ended July 2, 2016 and July 4, 2015, respectively.