OPERATING SEGMENTS (Tables)

Information about our Company’s operations by operating segment and Corporate is as follows (in millions):


	Europe, Middle East & Africa		Latin America		North America		Asia Pacific			Global Ventures		Bottling Investments			Corporate		Eliminations		Consolidated
As of and for the Three Months Ended September 27, 2024
Net operating revenues:
Third party	$	1,847	$	1,639	$	4,983	$	1,272		$	781	$	1,314		$	18	$	—	$	11,854
Intersegment	172		—		1		77			—		2			—		(252)		—
Total net operating revenues	2,019		1,639		4,984		1,349			781		1,316			18		(252)		11,854
Operating income (loss)	977		933		1,405		459			77		43			(1,384)		—		2,510
Income (loss) before income taxes	995		933		1,415		462			78		502			(1,005)		—		3,380
Identifiable operating assets	7,378		2,535		25,601		2,664		2	7,994		8,341		2	32,716		—		87,229
Investments1	398		687		15		57			—		12,688			5,192		—		19,037
As of and for the Three Months Ended September 29, 2023
Net operating revenues:
Third party	$	2,009	$	1,574	$	4,461	$	1,235		$	779	$	1,855		$	40	$	—	$	11,953
Intersegment	167		—		2		167			—		4			—		(340)		—
Total net operating revenues	2,176		1,574		4,463		1,402			779		1,859			40		(340)		11,953
Operating income (loss)	1,136		985		1,276		491			81		132			(831)		—		3,270
Income (loss) before income taxes	1,154		988		1,295		491			84		571			(1,046)		—		3,537
Identifiable operating assets	7,142		3,124		25,591		2,324		2	7,349		9,342		2	23,346		—		78,218
Investments1	372		709		15		71			—		13,310			4,883		—		19,360
As of December 31, 2023
Identifiable operating assets	$	7,117	$	3,149	$	25,808	$	2,428	2	$	7,607	$	9,871	2	$	21,934	$	—	$	77,914
Investments1	389		712		15		71			—		13,639			4,963		—		19,789

1Principally equity method investments and other investments in bottling companies.

2Property, plant and equipment — net in India represented 14%, 12% and 12% of consolidated property, plant and equipment — net as of September 27, 2024, September 29, 2023 and December 31, 2023, respectively.