Kraft 2006 Annual Report Download - page 84

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Segment data were as follows:
For the Years Ended
December 31,
2006
2005
2004
(in millions)
Net revenues:
North America Beverages $ 3,088 $ 3,056 $ 2,742
North America Cheese & Foodservice 6,078 6,244 6,021
North America Convenient Meals 4,863 4,719 4,445
North America Grocery 2,731 3,024 3,009
North America Snacks & Cereals 6,358 6,250 5,843
European Union 6,672 6,714 6,504
Developing Markets, Oceania & North Asia 4,566 4,106 3,604
Net revenues $ 34,356 $ 34,113 $ 32,168
For the Years Ended
December 31,
2006
2005
2004
(in millions)
Earnings from continuing operations before income taxes and minority interest:
Operating companies income:
North America Beverages $ 205 $ 463 $ 469
North America Cheese & Foodservice 886 921 793
North America Convenient Meals 914 793 800
North America Grocery 919 724 1,023
North America Snacks & Cereals 829 930 785
European Union 548 722 690
Developing Markets, Oceania & North Asia 416 400 243
Amortization of intangibles (7) (10) (11)
General corporate expenses (184) (191) (180)
Operating income 4,526 4,752 4,612
Interest and other debt expense, net (510) (636) (666)
Earnings from continuing operations before income taxes and minority interest $ 4,016 $ 4,116 $ 3,946
The Company's largest customer, Wal-Mart Stores, Inc. and its affiliates, accounted for approximately 15%, 14% and 14% of consolidated net revenues for
2006, 2005 and 2004, respectively. These net revenues occurred primarily in the United States and were across all segments.
79
Source: KRAFT FOODS INC, 10-K, March 01, 2007