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REPORTABLE SEGMENTS (Notes)
6 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
Reportable Segments REPORTABLE SEGMENTS
Kellanova is a leading producer of snacks, cereal, and frozen foods. It is the second largest producer of crackers, and a leading producer of savory snacks and cereal. Additional product offerings include toaster pastries, cereal bars, veggie foods and noodles. Kellanova products are manufactured and marketed globally. Principal markets for these products include the United States, United Kingdom, Nigeria, Canada, Mexico, and Australia.
The Company manages its operations through four operating segments that are based on geographic location – North America which includes U.S. businesses and Canada; Europe which consists of European countries; Latin America which consists of Central and South America and includes Mexico; and AMEA (Asia Middle East Africa) which consists of Africa, Middle East, Australia and other Asian and Pacific markets. These operating segments also represent our reportable segments.
Corporate includes corporate administration and initiatives as well as share-based compensation.
The measurement of reportable segment results is based on segment operating profit which is generally consistent with the presentation of operating profit in the Consolidated Statement of Income. Reportable segment results were as follows:
 Quarter endedYear-to-date period ended
(millions)June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Net sales
North America$1,658 $1,645 $3,346 $3,331 
Europe639 668 1,238 1,272 
Latin America333 326 647 609 
AMEA564 712 1,164 1,482 
Total Reportable Segments3,194 3,351 6,395 6,694 
Corporate(2)— (3)(1)
Consolidated$3,192 $3,351 $6,392 $6,693 
Operating profit
North America$339 $280 $674 $549 
Europe111 104 139 196 
Latin America46 36 73 58 
AMEA60 67 135 141 
Total Reportable Segments556 487 1,021 944 
Corporate(63)(70)(135)(181)
Consolidated$493 $417 $886 $763 
Supplemental product information is provided below for net sales to external customers:
Quarter endedYear-to-date period ended
(millions)June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Snacks$2,069 $2,052 $4,084 $4,074 
Cereal689 707 1,376 1,386 
Frozen262 265 552 557 
Noodles and other172 327 380 676 
Consolidated$3,192 $3,351 $6,392 $6,693