Fiscal2015FinancialHighlights

StarbucksCoffeeCompany
SeethefollowingpageforareconciliationofGAAPtononGAAPmeasures.

NetRevenues(inbillions) ComparableStoreSalesGrowth
(CompanyOperatedStoresOpen13MonthsorLonger)

8%
$19.2
7% 7% 7%
$16.4
$14.9 6%
$13.3
$11.7

FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15

OperatingIncome/(Loss) (inmillions) $3,601 $3,656 OperatingMargin

$3,081
$3,063 18.7%
GAAP NonGAAP GAAP NonGAAP 18.6% 18.8% 19.1%
$2,459 16.5%
14.8% 14.5% 15.0%
$1,997
$1,729 $1,698

($325)
(2.2%)
FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15

OperatingCashFlow&CapitalExpenditures(inmillions) $3,749
EarningsPerDilutedShare*
$1.82 NonGAAPOperatingCashFlow $3,372
GAAP NonGAAP
$1.58 GAAPOperatingCashFlow $2,908
CapitalExpenditures
$1.35 $1.33

$1.10
$1,750
$0.90 $1,612
$0.81
$0.76 $1,304
$1,151 $1,161
$856
$532 $608

$0.01

FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15

*Adjustedfor twoforonestocksplitannouncedMarch19,2015.
NonGAAPOPERATINGINCOMERECONCILIATION FY11 FY12 FY13 FY14 FY15
GAAP $1,728.5
GainonacquisitionofSwitzerlandandAustriajointventureoperations (30.2)
NonGAAP $1,698.3
GAAP $1,997.4
GAAP $(325.4)
LitigationchargeresultingfromKraftArbitration 2,784.1
NonGAAP $2,458.7
GAAP $3,081.1
LitigationcreditresultingfromKraftArbitration (20.2)
CostsfromtransactionsinQ42014(1) 2.4
NonGAAP $3,063.3
GAAP $3,601.0
(2)
StarbucksJapanacquisitionrelateditemsother 54.6
NonGAAP $3,655.6

(1)
IncludesaportionofthetransactioncostsincurredinQ4FY14relatedtotheacquisitionofStarbucksJapanandcosts
relatedtothesaleofourAustraliaretailoperationsinQ4FY14.Theremainingmajorityoftheimpactfromthesetransactions
isincludedinnetinterestincomeandother.

(2)
Includesongoingamortizationexpenseofacquiredintangibleassetsandtransactionandintegrationcosts.

NonGAAPOPERATINGMARGIN%RECONCILIATION FY11 FY12 FY13 FY14 FY15

GAAP 14.8%
Saleofproperties (0.3%)
NonGAAP 14.5%
GAAP 15.0%
GAAP (2.2)%
LitigationchargeresultingfromKraftArbitration 18.7%
NonGAAP 16.5%
GAAP 18.7%
LitigationcreditresultingfromKraftArbitration (0.1%)
(1)
CostsfromtransactionsinQ42014 0.0%
NonGAAP 18.6%
GAAP 18.8%
StarbucksJapanacquisitionrelateditemsother(2) 0.3%
NonGAAP 19.1%

(1)
IncludesaportionofthetransactioncostsincurredinQ4FY14relatedtotheacquisitionofStarbucksJapanandcosts
relatedtothesaleofourAustraliaretailoperationsinQ4FY14.Theremainingmajorityoftheimpactfromthesetransactions
isincludedinnetinterestincomeandother.

(2)
Includesongoingamortizationexpenseofacquiredintangibleassetsandtransactionandintegrationcosts.

NonGAAPEPSRECONCILIATION FY11 FY12 FY13 FY14 FY15

GAAP $0.81
GainonacquisitionofSwitzerlandandAustriajointventures (0.04)
Gainonsaleofproperties (0.01)
NonGAAP $0.76
GAAP $0.90
GAAP $0.01
LitigationchargeresultingfromKraftArbitration 1.12
GainonsaleofequityinMexicojointventure (0.02)
GainonsaleofequityinChileandArgentinajointventures (0.02)
NonGAAP $1.10
GAAP $1.35
LitigationcreditresultingfromKraftArbitration (0.01)
NetbenefitfromtransactionsinQ42014(1) (0.02)
NonGAAP $1.33
GAAP $1.82
StarbucksJapanacquisitionrelateditemsgain(2) (0.26)
(3)
StarbucksJapanacquisitionrelateditemsother 0.03
(4)
Debtextinguishmentrelateditems 0.03
(5)
Taxbenefitfromdomesticmanufacturingdeduction (0.04)
NonGAAP $1.58

(1)
ThenetbenefitfromtransactionsinQ4FY14relatesprimarilytoa$0.02gainonthesaleofourMalaysiaequitymethod
investment,partiallyoffsetbyalossonthesaleofourAustraliaretailoperationsandtransactioncostsincurredinQ4FY14
relatedtotheacquisitionofStarbucksJapan.

(2)
GainrepresentsthefairvalueadjustmentofStarbuckspreexisting39.5%ownershipinterestinStarbucksJapanupon
acquisition.

(3)
Includesongoingamortizationexpenseofacquiredintangibleassetsandtransactionandintegrationcosts.

(4)
Representsthelossonextinguishmentofdebt($61.1M),whichiscomprisedofthecostoftheoptionalredemptionprovision,
unamortizeddebtissuancecosts,andunamortizeddiscountassociatedwiththe$550millionof6.250%2017SeniorNotes
redeemedinQ4FY15,aswellastherelatedunamortizedinterestratehedgeloss($2.0M),whichwasrecordedininterestexpense.

(5)
RepresentstheincrementalbenefitrelatedtoadditionaldomesticmanufacturingdeductionstobeclaimedinourU.S.
consolidatedtaxreturnsforFY10throughFY14andthroughQ3FY15.

NonGAAPOPERATINGCASHFLOWRECONCILIATION FY14
GAAP $607.8
Kraftarbitrationsettlementcashpayment 2,763.9
NonGAAP $3,371.7