| Summary Information by Operating Segment |
The following table shows information by reportable
operating segment for the three- and six-month periods ended
March 26, 2016 and March 28, 2015 (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
March 26,
2016 |
|
|
March 28,
2015 |
|
|
March 26,
2016 |
|
|
March 28,
2015 |
|
|
Americas:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$ |
19,096 |
|
|
$ |
21,316 |
|
|
$ |
48,421 |
|
|
$ |
51,882 |
|
|
Operating income
|
|
$ |
6,116 |
|
|
$ |
7,186 |
|
|
$ |
16,134 |
|
|
$ |
17,887 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Europe:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$ |
11,535 |
|
|
$ |
12,204 |
|
|
$ |
29,467 |
|
|
$ |
29,418 |
|
|
Operating income
|
|
$ |
3,602 |
|
|
$ |
4,112 |
|
|
$ |
9,381 |
|
|
$ |
9,994 |
|
|
|
|
|
|
|
Greater China:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$ |
12,486 |
|
|
$ |
16,823 |
|
|
$ |
30,859 |
|
|
$ |
32,967 |
|
|
Operating income
|
|
$ |
4,818 |
|
|
$ |
6,714 |
|
|
$ |
12,394 |
|
|
$ |
13,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Japan:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$ |
4,281 |
|
|
$ |
3,457 |
|
|
$ |
9,075 |
|
|
$ |
8,905 |
|
|
Operating income
|
|
$ |
1,930 |
|
|
$ |
1,699 |
|
|
$ |
4,170 |
|
|
$ |
4,187 |
|
|
|
|
|
|
|
Rest of Asia Pacific:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$ |
3,159 |
|
|
$ |
4,210 |
|
|
$ |
8,607 |
|
|
$ |
9,437 |
|
|
Operating income
|
|
$ |
1,095 |
|
|
$ |
1,600 |
|
|
$ |
3,127 |
|
|
$ |
3,449 |
|
|
| Reconciliation of Segment Operating Income to Condensed Consolidated Statements of Operations |
A reconciliation of the Company’s segment
operating income to the Condensed Consolidated Statements of
Operations for the three- and six-month periods ended
March 26, 2016 and March 28, 2015 (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
March 26,
2016 |
|
|
March 28,
2015 |
|
|
March 26,
2016 |
|
|
March 28,
2015 |
|
|
Segment operating income
|
|
$ |
17,561 |
|
|
$ |
21,311 |
|
|
$ |
45,206 |
|
|
$ |
48,597 |
|
|
Research and development expense
|
|
|
(2,511 |
) |
|
|
(1,918 |
) |
|
|
(4,915 |
) |
|
|
(3,813 |
) |
|
Other corporate expenses, net
|
|
|
(1,063 |
) |
|
|
(1,115 |
) |
|
|
(2,133 |
) |
|
|
(2,260 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income
|
|
$ |
13,987 |
|
|
$ |
18,278 |
|
|
$ |
38,158 |
|
|
$ |
42,524 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|