Reportable Segments (Tables)

9 Months Ended

Oct. 01, 2016

Segment Reporting [Abstract]

Schedule of Reportable Segment Information

	Quarter ended						Year-to-date period ended
(millions)	October 1, 2016			October 3, 2015			October 1, 2016			October 3, 2015
Net sales
U.S. Morning Foods	$	733		$	762		$	2,227		$	2,280
U.S. Snacks	796			795			2,431			2,484
U.S. Specialty	284			281			931			912
North America Other	402			426			1,222			1,298
Europe	594			628			1,821			1,885
Latin America	197			202			593			825
Asia Pacific	248			235			692			699
Consolidated	$	3,254		$	3,329		$	9,917		$	10,383
Operating profit
U.S. Morning Foods	$	144		$	110		$	457		$	368
U.S. Snacks (a)	78			62			230			302
U.S. Specialty	68			63			214			200
North America Other	43			44			135			140
Europe	78			73			216			191
Latin America (b)	27			7			70			2
Asia Pacific	21			14			50			36
Total Reportable Segments	459			373			1,372			1,239
Corporate (c)	(49		)	(39		)	(75		)	(109		)
Consolidated	$	410		$	334		$	1,297		$	1,130

(a) Includes a non-cash gain of $67 million associated with the deconsolidation of a VIE during the year-to-date period ended October 3, 2015.

(b) Includes non-cash losses totaling $13 million associated with the remeasurement of the financial statements of the Company's Venezuela subsidiary during the quarter ended October 3, 2015. Includes a non-cash loss of $13 million and $115 million associated with the remeasurement of the financial statements of the Company's Venezuela subsidiary during the year-to-date periods ended October 1, 2016 and October 3, 2015, respectively.

(c) Includes mark-to-market adjustments for pension plans, commodity and foreign currency contracts totaling $(31) million and ($27) million for the quarters ended October 1, 2016 and October 3, 2015, respectively. Includes mark-to-market adjustments for pension plans, commodity and foreign currency contracts totaling ($35) million and ($59) million for the year-to-date periods ended October 1, 2016 and October 3, 2015, respectively.