Item 8. Financial Statements and Supplementary Data STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) Oct 1 2017 Fiscal Year Ended 2016 2015 Net revenues: Company-operated stores 17,650.7 $ 16,844.1 $ 15,197.3 2,355.0 2,381.1 22,386.8 9,038.2 6,493.3 553.8 1,011.4 1,393.3 153.5 18,643.5 391.4 4,134.7 2,154.2 2,317.6 21,315.9 8,511.1 6,064.3 545.4 980.8 1,360.6 Licensed stores CPG, foodservice and other Total net revenues Cost of sales including occupancy costs Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring and impairments 2,103.5 19,162.7 7,787.5 522.4 893.9 1,196.7 Total operating expenses Income from equity investees 15,811.6 249.9 3,601.0 390.6 17,462.2 Operating income Gain resulting from acquisition of joint venture Loss on extinguishment of debt Interest income and other, net Interest expense 4,171.9 275.3 (92.5 4,317.5 1,432.6 2,884.9 108.0 4,198.6 1,379.7 2,818.9 (70.5) 3,903.0 1,143.7 2,759.3 Earnings before income taxes Income tax expense Net earnings including noncontrolling interests Net earnings attributable to noncontrolling interests Net earnings attributable to Starbucks 2,884.7$ 2,817.7 2,757.4 Earnings per share basic Earnings per share - diluted Weighted average shares outstanding: Basic 449.5 1,461.5 1,471.6 1,486.7 495.9 1,513.4 Diluted See Notes to Consolidated Financial Statements