Unconditional Purchase Obligations
The Company has entered into certain off–balance sheet commitments that require the future purchase of goods or services
(“unconditional purchase obligations”). The Company’s unconditional purchase obligations primarily consist of payments for
supplier arrangements, internet services and content creation. Future payments under noncancelable unconditional purchase
obligations with a remaining term in excess of one year as of September 24, 2022, are as follows (in millions):
2023
$
13,488
2024
4,876
2025
1,418
2026
6,780
2027
312
Thereafter
412
Total
$
27,286
Contingencies
The Company is subject to various legal proceedings and claims that have arisen in the ordinary course of business and that
have not been fully resolved. The outcome of litigation is inherently uncertain. In the opinion of management, there was not at
least a reasonable possibility the Company may have incurred a material loss, or a material loss greater than a recorded accrual,
concerning loss contingencies for asserted legal and other claims.
Apple Inc. | 2022 Form 10-K | 48
Note 11 – Segment Information and Geographic Data
The following table shows information by reportable segment for 2022, 2021 and 2020 (in millions):
2022
2021
2020
Americas:
Net sales
$
169,658 $
153,306 $
124,556
Operating income
$
62,683 $
53,382 $
37,722
Europe:
Net sales
$
95,118 $
89,307 $
68,640
Operating income
$
35,233 $
32,505 $
22,170
Greater China:
Net sales
$
74,200 $
68,366 $
40,308
Operating income
$
31,153 $
28,504 $
15,261
Japan:
Net sales
$
25,977 $
28,482 $
21,418
Operating income
$
12,257 $
12,798 $
9,279
Rest of Asia Pacific:
Net sales
$
29,375 $
26,356 $
19,593
Operating income
$
11,569 $
9,817 $
6,808
A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2022, 2021 and
2020 is as follows (in millions):
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