2023 Q4 Form 10-K Financial Statement

#000082922423000058 Filed on November 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $9.425B $35.98B
YoY Change 12.02% 11.55%
Cost Of Revenue $6.631B $26.11B
YoY Change 6.0% 9.33%
Gross Profit $2.742B $9.869B
YoY Change 27.05% 17.89%
Gross Profit Margin 29.1% 27.43%
Selling, General & Admin $635.7M $2.441B
YoY Change 18.16% 20.13%
% of Gross Profit 23.18% 24.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $384.4M $1.450B
YoY Change 6.66% -5.17%
% of Gross Profit 14.02% 14.7%
Operating Expenses $1.132B $4.343B
YoY Change 11.18% 10.19%
Operating Profit $1.485B $5.871B
YoY Change 30.3% 32.53%
Interest Expense $140.1M $550.1M
YoY Change -3886.49% -462.38%
% of Operating Profit 9.43% 9.37%
Other Income/Expense, Net
YoY Change
Pretax Income $1.379B $5.402B
YoY Change 25.24% 27.65%
Income Tax $354.7M $1.277B
% Of Pretax Income 25.72% 23.64%
Net Earnings $1.024B $4.125B
YoY Change 16.63% 25.69%
Net Earnings / Revenue 10.87% 11.46%
Basic Earnings Per Share $0.90 $3.60
Diluted Earnings Per Share $0.90 $3.58
COMMON SHARES
Basic Shares Outstanding 1.137B shares 1.147B shares
Diluted Shares Outstanding 1.141B shares 1.151B shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.953B $3.953B
YoY Change 24.19% 24.19%
Cash & Equivalents $3.552B $3.552B
Short-Term Investments $402.0M $402.0M
Other Short-Term Assets $360.0M $360.0M
YoY Change -6.88% -25.57%
Inventory $1.806B $1.806B
Prepaid Expenses
Receivables $1.184B $1.184B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.303B $7.303B
YoY Change 4.06% 4.05%
LONG-TERM ASSETS
Property, Plant & Equipment $7.387B $15.80B
YoY Change 12.6% 8.4%
Goodwill $3.218B
YoY Change -1.99%
Intangibles $120.5M
YoY Change -22.71%
Long-Term Investments $415.7M $687.0M
YoY Change 46.84% 16.38%
Other Assets $546.5M $2.316B
YoY Change -1.39% -1.61%
Total Long-Term Assets $22.14B $22.14B
YoY Change 5.64% 5.65%
TOTAL ASSETS
Total Short-Term Assets $7.303B $7.303B
Total Long-Term Assets $22.14B $22.14B
Total Assets $29.45B $29.45B
YoY Change 5.24% 5.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.544B $1.544B
YoY Change 7.14% 7.12%
Accrued Expenses $2.145B $2.962B
YoY Change 0.37% -28.53%
Deferred Revenue
YoY Change
Short-Term Debt $33.50M $34.00M
YoY Change -80.86% -80.57%
Long-Term Debt Due $1.819B $1.819B
YoY Change 3.98% 4.0%
Total Short-Term Liabilities $9.345B $9.345B
YoY Change 2.11% 2.11%
LONG-TERM LIABILITIES
Long-Term Debt $13.55B $13.55B
YoY Change 3.26% 3.26%
Other Long-Term Liabilities $14.54B $14.53B
YoY Change 0.93% 0.84%
Total Long-Term Liabilities $13.55B $28.07B
YoY Change 3.26% 1.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.345B $9.345B
Total Long-Term Liabilities $13.55B $28.07B
Total Liabilities $37.43B $37.44B
YoY Change 2.06% 2.06%
SHAREHOLDERS EQUITY
Retained Earnings -$7.256B
YoY Change -14.13%
Common Stock $39.20M
YoY Change -81.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.995B -$7.995B
YoY Change
Total Liabilities & Shareholders Equity $29.45B $29.45B
YoY Change 5.24% 5.25%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $1.024B $4.125B
YoY Change 16.63% 25.69%
Depreciation, Depletion And Amortization $384.4M $1.450B
YoY Change 6.66% -5.17%
Cash From Operating Activities $2.384B $6.009B
YoY Change 116.78% 36.65%
INVESTING ACTIVITIES
Capital Expenditures $595.9M $2.334B
YoY Change -209.16% -226.74%
Acquisitions $0.00
YoY Change
Other Investing Activities $9.300M $56.10M
YoY Change -104.15% -118.39%
Cash From Investing Activities -$568.8M -$2.271B
YoY Change -26.13% 5.8%
FINANCING ACTIVITIES
Cash Dividend Paid $648.1M $2.432B
YoY Change 7.44%
Common Stock Issuance & Retirement, Net $817.0M
YoY Change -120.89%
Debt Paid & Issued, Net $750.0M $1.000B
YoY Change 0.0%
Cash From Financing Activities -$2.409B -$2.991B
YoY Change 326.58% -46.96%
NET CHANGE
Cash From Operating Activities $2.384B $6.009B
Cash From Investing Activities -$568.8M -$2.271B
Cash From Financing Activities -$2.409B -$2.991B
Net Change In Cash -$551.1M $733.1M
YoY Change 134.41% -121.64%
FREE CASH FLOW
Cash From Operating Activities $2.384B $6.009B
Capital Expenditures $595.9M $2.334B
Free Cash Flow $1.788B $3.675B
YoY Change 8.65% -41.09%

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CY2023 us-gaap Fiscal Period
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<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year End</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our fiscal year ends on the Sunday closest to September 30. Fiscal years 2023, 2022 and 2021 included 52, 52 and 53 weeks, respectively. The 53rd week in fiscal 2021 fell in the fourth fiscal quarter.</span></div>
CY2023 us-gaap Use Of Estimates
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<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Estimates and Assumptions</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Examples include, but are not limited to, estimates for inventory reserves, asset and goodwill impairments, assumptions underlying self-insurance reserves, income from unredeemed stored value cards, stock-based compensation forfeiture rates, future asset retirement obligations, commitments and contingencies, and the potential outcome of future tax consequences of events that have been recognized in the financial statements. Actual results and outcomes may differ from these estimates and assumptions due to risks and uncertainties, including uncertainty in the current economic environment.</span></div>
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CY2023 us-gaap Goodwill Impairment Loss
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CY2023Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt
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CY2023Q4 sbux Roasted Coffee Inventory
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CY2023Q4 us-gaap Inventory Net
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CY2022Q4 us-gaap Inventory Net
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CY2023Q4 us-gaap Equity Method Investments
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CY2023 sbux Revenue Generated From Related Parties
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CY2022 sbux Revenue Generated From Related Parties
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CY2022 us-gaap Increase Decrease In Due From Affiliates Current
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CY2023Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2023Q4 us-gaap Property Plant And Equipment Net
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CY2023Q4 sbux Accrued Occupancy Costs
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CY2022Q4 sbux Accrued Occupancy Costs
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CY2023Q4 us-gaap Other Accrued Liabilities Current
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CY2022Q4 us-gaap Other Accrued Liabilities Current
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878100000 usd
CY2023Q4 sbux Insurance Reserves
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CY2022Q4 sbux Insurance Reserves
InsuranceReserves
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CY2023Q4 us-gaap Accrued Income Taxes Current
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189300000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
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139200000 usd
CY2023Q4 sbux Accrued Business Taxes
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CY2022Q4 sbux Accrued Business Taxes
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CY2023Q4 us-gaap Accrued Liabilities Current
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2145100000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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2137100000 usd
CY2023 us-gaap Labor And Related Expense
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CY2022 us-gaap Labor And Related Expense
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CY2021 us-gaap Labor And Related Expense
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CY2023 sbux Store Occupancy Cost
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2871000000 usd
CY2022 sbux Store Occupancy Cost
StoreOccupancyCost
2674100000 usd
CY2021 sbux Store Occupancy Cost
StoreOccupancyCost
2561500000 usd
CY2023 sbux Other Store Operating Expenses
OtherStoreOperatingExpenses
3115900000 usd
CY2022 sbux Other Store Operating Expenses
OtherStoreOperatingExpenses
2730000000 usd
CY2021 sbux Other Store Operating Expenses
OtherStoreOperatingExpenses
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CY2023 sbux Store Operating Expenses
StoreOperatingExpenses
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CY2022 sbux Store Operating Expenses
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CY2021 sbux Store Operating Expenses
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1108200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1123700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58400000 usd
CY2023 us-gaap Amortization Of Intangible Assets
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21500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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192700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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223400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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19800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2100000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41100000 usd
CY2021Q4 us-gaap Goodwill
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3677300000 usd
CY2022 us-gaap Goodwill Other Increase Decrease
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CY2022Q4 us-gaap Goodwill
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3283500000 usd
CY2023 us-gaap Goodwill Other Increase Decrease
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CY2023Q4 us-gaap Goodwill
Goodwill
3218300000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
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15519300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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1819300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1250000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1500000000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
500000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
600000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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9850000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
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CY2023 us-gaap Operating Lease Cost
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CY2022 us-gaap Operating Lease Cost
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1554800000 usd
CY2021 us-gaap Operating Lease Cost
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1579200000 usd
CY2023 us-gaap Variable Lease Cost
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1050300000 usd
CY2022 us-gaap Variable Lease Cost
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939100000 usd
CY2021 us-gaap Variable Lease Cost
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CY2023 us-gaap Short Term Lease Cost
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CY2022 us-gaap Short Term Lease Cost
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28100000 usd
CY2021 us-gaap Short Term Lease Cost
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30900000 usd
CY2023 us-gaap Lease Cost
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2679300000 usd
CY2022 us-gaap Lease Cost
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2522000000 usd
CY2021 us-gaap Lease Cost
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CY2023 us-gaap Operating Lease Payments
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1657200000 usd
CY2022 us-gaap Operating Lease Payments
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1647300000 usd
CY2021 us-gaap Operating Lease Payments
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1707100000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1206700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1000200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3878500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1394000000 usd
CY2023Q4 us-gaap Operating Lease Liability
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CY2023Q4 sbux Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
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CY2018Q3 us-gaap Deferred Revenue
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CY2018Q3 sbux Prepaid Royalty Economic Life
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CY2023 us-gaap Deferred Revenue Revenue Recognized1
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176500000 usd
CY2022 us-gaap Deferred Revenue Revenue Recognized1
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176500000 usd
CY2021 us-gaap Deferred Revenue Revenue Recognized1
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176600000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
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2400000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
7500000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
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CY2023Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
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42600000 shares
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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0
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
56.55
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
50.26
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000000.0 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
55.16
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y3M18D
CY2023 us-gaap Allocated Share Based Compensation Expense
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302700000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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50900000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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45900000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
51600000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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3900000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3700000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y1M6D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.263
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
110.46
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
27.59
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4100000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
55.86
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
117000000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2000000.0 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
55.16
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y3M18D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
72000000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2000000.0 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
55.16
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y3M18D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
72000000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.10
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
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0.95
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
500000 shares
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
178100000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
156700000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
145100000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4488600000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3484900000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4138500000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
913300000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
747000000.0 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1218400000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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5401900000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4231900000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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5356900000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
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678200000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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681800000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
235900000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
164000000.0 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
190000000.0 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
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422400000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
283800000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
409800000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1336500000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
925400000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1281600000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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117000000.0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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92600000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10400000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
10500000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-80000000.0 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
23100000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1277200000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
948500000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1156600000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.033
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.027
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.004
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.005
CY2023 sbux Effective Income Tax Rate Reconciliation Valuation Allowance Percent
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CY2022 sbux Effective Income Tax Rate Reconciliation Valuation Allowance Percent
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0.000
CY2021 sbux Effective Income Tax Rate Reconciliation Valuation Allowance Percent
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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0.236
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.224
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216
CY2022Q4 us-gaap Unrecognized Tax Benefits
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89700000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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82600000 usd
CY2020Q3 us-gaap Unrecognized Tax Benefits
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123700000 usd
CY2023Q4 sbux Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
2395300000 usd
CY2022Q4 sbux Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
2289100000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1638100000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1662600000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
313400000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2023 us-gaap Factors Used To Identify Entitys Reportable Segments
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Assets
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CY2023 dei Auditor Name
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Deloitte & Touche LLP
CY2023 dei Auditor Location
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Seattle, Washington
CY2023 dei Auditor Name
AuditorName
Deloitte & Touche LLP
CY2023 dei Auditor Location
AuditorLocation
Seattle, Washington
CY2023 ecd Rule10b51 Arr Adopted Flag
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CY2023 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Firm
AuditorFirmId
34

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