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Starbucks Corp. – ‘10-K’ for 10/3/21 – ‘EX-31.2’

On:  Friday, 11/19/21, at 4:46pm ET   ·   For:  10/3/21   ·   Accession #:  829224-21-86   ·   File #:  0-20322

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/19/21  Starbucks Corp.                   10-K       10/03/21  112:18M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.85M 
 2: EX-21       Subsidiaries List                                   HTML     48K 
 3: EX-23       Consent of Expert or Counsel                        HTML     31K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     36K 
 6: EX-32       Certification -- §906 - SOA'02                      HTML     33K 
13: R1          Cover Page                                          HTML     93K 
14: R2          Consolidated Statements of Earnings                 HTML    135K 
15: R3          Consolidated Statements of Comprehensive Income     HTML     98K 
16: R4          Consolidated Statements of Cash Flows               HTML    152K 
17: R5          Consolidated Statements of Equity                   HTML    110K 
18: R6          Consolidated Balance Sheets                         HTML    173K 
19: R7          Consolidated Balance Sheets (Parenthetical)         HTML     37K 
20: R8          Acquisitions and Divestitures                       HTML     35K 
21: R9          Accounting Policies                                 HTML    111K 
22: R10         Derivative Financial Instruments                    HTML    166K 
23: R11         Fair Value Measurements                             HTML    148K 
24: R12         Inventories                                         HTML     43K 
25: R13         Equity Investments                                  HTML     44K 
26: R14         Supplemental Balance Sheet and Statement of         HTML     69K 
                Earnings                                                         
27: R15         Other Intangible Assets and Goodwill                HTML     87K 
28: R16         Debt                                                HTML    119K 
29: R17         Leases                                              HTML     63K 
30: R18         Equity                                              HTML    119K 
31: R19         Employee Stock and Benefit Plans                    HTML     89K 
32: R20         Income Taxes                                        HTML    123K 
33: R21         Earnings Per Share                                  HTML     47K 
34: R22         Commitments And Contingencies (Notes)               HTML     38K 
35: R23         Segment Reporting                                   HTML    124K 
36: R24         Deferred Revenue                                    HTML     46K 
37: R25         Summary of Significant Accounting Policies          HTML    177K 
                (Policies)                                                       
38: R26         Derivative Financial Instruments (Tables)           HTML    172K 
39: R27         Fair Value Measurements (Tables)                    HTML    140K 
40: R28         Inventory (Tables)                                  HTML     41K 
41: R29         Equity Method and Other Investments (Tables)        HTML     38K 
42: R30         Supplemental Balance Sheet Information Schedule of  HTML     76K 
                Accrued Liabilities (Tables)                                     
43: R31         Other Intangible Assets and Goodwill (Tables)       HTML     93K 
44: R32         Debt (Tables)                                       HTML    112K 
45: R33         Leases (Tables)                                     HTML     69K 
46: R34         Equity (Tables)                                     HTML    114K 
47: R35         Employee Stock and Benefit Plans (Tables)           HTML     89K 
48: R36         Income Taxes (Tables)                               HTML    124K 
49: R37         Earnings Per Share (Tables)                         HTML     45K 
50: R38         Segment Reporting (Tables)                          HTML    123K 
51: R39         Property, Plant and Equipment (Tables)              HTML     44K 
52: R40         Prepaid Expenses and Other Current Assets (Tables)  HTML     37K 
53: R41         Deferred Revenue (Tables)                           HTML     43K 
54: R42         Acquisitions and Divestitures (Narrative)           HTML     43K 
                (Details)                                                        
55: R43         Acquisitions and Divestitures (Allocation of Total  HTML     35K 
                Consideration to Fair Value of Assets Acquired and               
                Liabilities Assumed) (Details)                                   
56: R44         Summary of Significant Accounting Policies          HTML    159K 
                (Narrative) (Details)                                            
57: R45         Summary of Significant Accounting Policies Effects  HTML     54K 
                of Early Adoption of New Accounting Pronouncement                
                (Details)                                                        
58: R46         Summary of Significant Accounting Policies Impact   HTML     40K 
                of Licensing of CPG and foodservice businesses                   
                (Details)                                                        
59: R47         Summary of Significant Accounting Policies          HTML     33K 
                Reclassification (Details)                                       
60: R48         Derivative Financial Instruments (Gains and Losses  HTML     65K 
                on Derivative Contracts Designated as Hedging                    
                Instruments Included in AOCI and Expected to be                  
                Reclassified into Earnings Within 12 months, Net                 
                of Tax) (Details)                                                
61: R49         Derivative Financial Instruments (Pretax Gains and  HTML     78K 
                Losses on Derivative Contracts Designated as                     
                Hedging Instruments Recognized in OCI and                        
                Reclassifications from AOCI to Earnings) (Details)               
62: R50         Derivative Financial Instruments (Pretax Gains and  HTML     49K 
                Losses on Derivative Contracts Not Designated as                 
                Hedging Instruments Recognized in Earnings)                      
                (Details)                                                        
63: R51         Derivative Financial Instruments (Notional Amounts  HTML     45K 
                of Outstanding Derivative Contracts) (Details)                   
64: R52         Derivative Financial Instruments (Fair Value of     HTML     72K 
                Outstanding Derivative Contracts) (Details)                      
65: R53         Derivative Financial Instruments (Schedule of Fair  HTML     39K 
                Value Hedging Instruments, Statements of Financial               
                Position, Location) (Details)                                    
66: R54         Fair Value Measurements (Narrative) (Details)       HTML     41K 
67: R55         Fair Value Measurements (Assets and Liabilities     HTML    163K 
                Measured at Fair Value on a Recurring Basis)                     
                (Details)                                                        
68: R56         Inventories (Narrative) (Details)                   HTML     39K 
69: R57         Inventories (Components of Inventories) (Details)   HTML     41K 
70: R58         Equity Method and Other Investments (Equity Method  HTML     59K 
                Investments) (Narrative) (Details)                               
71: R59         Equity Method and Other Investments (Equity Method  HTML     38K 
                and Other Investments) (Details)                                 
72: R60         Supplemental Balance Sheet Information              HTML     41K 
                Supplemental Balance Sheet (Prepaid and Other                    
                Current Assets) (Details)                                        
73: R61         Supplemental Balance Sheet Information (Property,   HTML     55K 
                Plant and Equipment, net) (Details)                              
74: R62         Supplemental Balance Sheet Information (Accrued     HTML     46K 
                Liabilities) (Details)                                           
75: R63         Supplemental Statement of Earnings Information      HTML     38K 
                (Store Operating Expenses) (Details)                             
76: R64         Other Intangible Assets and Goodwill (Narrative)    HTML     40K 
                (Details)                                                        
77: R65         Other Intangible Assets and Goodwill                HTML     35K 
                (Indefinite-Lived Intangible Assets) (Details)                   
78: R66         Other Intangible Assets and Goodwill (Finite-Lived  HTML     55K 
                Intangible Assets) (Details)                                     
79: R67         Other Intangible Assets and Goodwill (Estimated     HTML     47K 
                Future Amortization Expense) (Details)                           
80: R68         Other Intangible Assets and Goodwill (Changes In    HTML     51K 
                Carrying Amount Of Goodwill By Reportable                        
                Operating Segment) (Details)                                     
81: R69         Debt (Narrative) (Details)                          HTML     84K 
82: R70         Debt (Components of Long-Term Debt Including        HTML    147K 
                Associated Interest Rates and Related Fair Values)               
                (Details)                                                        
83: R71         Debt (Summary of long-term debt maturities)         HTML     52K 
                (Details)                                                        
84: R72         Leases (Narrative) (Details)                        HTML     60K 
85: R73         Leases- Schedule of Lease Cost (Details)            HTML     40K 
86: R74         Leases- Schedule of Cash Flow, Supplemental         HTML     41K 
                Disclosures (Details)                                            
87: R75         Leases- Schedule of Maturity of Operating Lease     HTML     50K 
                Payments (Details)                                               
88: R76         Leases- Schedule of Rent Expense (Details)          HTML     39K 
89: R77         Equity (Narrative) (Details)                        HTML     76K 
90: R78         Equity (Changes in Components Of Accumulated Other  HTML     78K 
                Comprehensive Income, Net Of Tax) (Details)                      
91: R79         Equity (Impact of Reclassifications from            HTML     75K 
                Accumulated Other Comprehensive Income on Earnings               
                (Details)                                                        
92: R80         Employee Stock and Benefit Plans (Narrative)        HTML     70K 
                (Details)                                                        
93: R81         Employee Stock and Benefit Plans (Stock-Based       HTML     43K 
                Compensation Expense Recognized in the                           
                Consolidated Financial Statements) (Details)                     
94: R82         Employee Stock and Benefit Plans (Employee Stock    HTML     46K 
                Options Granted During the Period, Valuation                     
                Assumptions) (Details)                                           
95: R83         Employee Stock and Benefit Plans (Stock Option      HTML     84K 
                Transactions) (Details)                                          
96: R84         Employee Stock and Benefit Plans (RSU               HTML     63K 
                Transactions) (Details)                                          
97: R85         Income Taxes (Components of Earnings Before Income  HTML     41K 
                Taxes) (Details)                                                 
98: R86         Income Taxes (Provision for Income Taxes)           HTML     56K 
                (Details)                                                        
99: R87         Income Taxes (Reconciliation of the Statutory U.S.  HTML     68K 
                Federal Income Tax Rate With Our Effective Income                
                Tax Rate) (Details)                                              
100: R88         Income Taxes (Tax Effect of Temporary Differences   HTML     80K  
                and Carryforwards That Comprise Significant                      
                Portions of Deferred Tax Assets and Liabilities)                 
                (Details)                                                        
101: R89         Income Taxes (Summary of Activity Related to        HTML     53K  
                Unrecognized Tax Benefits) (Details)                             
102: R90         Earnings Per Share (Narrative) (Details)            HTML     35K  
103: R91         Earnings Per Share (Calculation of Net Earnings     HTML     63K  
                Per Common Share ("EPS") - Basic and Diluted)                    
                (Details)                                                        
104: R92         Segment Reporting (Narrative) (Details)             HTML     51K  
105: R93         Segment Reporting (Consolidated Revenue Mix By      HTML     61K  
                Product Type (Details)                                           
106: R94         Segment Reporting (Information by Geographic Area)  HTML     51K  
                (Details)                                                        
107: R95         Segment Reporting (Financial Information For        HTML     78K  
                Reportable Operating Segments And All Other                      
                Segments) (Details)                                              
108: R96         Deferred Revenue (Narrative) (Details)              HTML     50K  
110: XML         IDEA XML File -- Filing Summary                      XML    219K  
12: XML         XBRL Instance -- sbux-20211003_htm                   XML   4.81M 
109: EXCEL       IDEA Workbook of Financial Reports                  XLSX    167K  
 8: EX-101.CAL  XBRL Calculations -- sbux-20211003_cal               XML    320K 
 9: EX-101.DEF  XBRL Definitions -- sbux-20211003_def                XML   1.38M 
10: EX-101.LAB  XBRL Labels -- sbux-20211003_lab                     XML   2.94M 
11: EX-101.PRE  XBRL Presentations -- sbux-20211003_pre              XML   1.95M 
 7: EX-101.SCH  XBRL Schema -- sbux-20211003                         XSD    289K 
111: JSON        XBRL Instance as JSON Data -- MetaLinks              662±  1.01M  
112: ZIP         XBRL Zipped Folder -- 0000829224-21-000086-xbrl      Zip   1.15M  


‘EX-31.2’   —   Certification — §302 – SOA’02


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Exhibit 31.2

CERTIFICATION PURSUANT TO RULE 13a-14(a) OF THE SECURITIES EXCHANGE ACT OF 1934
AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Rachel Ruggeri, certify that: 
1.I have reviewed this Annual Report on Form 10-K for the fiscal year ended October 3, 2021 of Starbucks Corporation;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 19, 2021
 
/s/ Rachel Ruggeri
Rachel Ruggeri
executive vice president, chief financial officer




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:11/19/21
For Period end:10/3/215
 List all Filings 


8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/06/24  Starbucks Corp.                   424B5                  2:652K                                   Donnelley … Solutions/FA
 2/05/24  Starbucks Corp.                   424B5                  1:619K                                   Donnelley … Solutions/FA
 2/09/23  Starbucks Corp.                   424B5                  2:570K                                   Donnelley … Solutions/FA
 2/07/23  Starbucks Corp.                   424B5                  1:548K                                   Donnelley … Solutions/FA
 9/01/22  Starbucks Corp.                   S-3ASR      9/01/22    5:733K                                   Donnelley … Solutions/FA
 5/03/22  Starbucks Corp.                   S-8         5/03/22    4:96K                                    Donnelley … Solutions/FA
 2/10/22  Starbucks Corp.                   424B5                  2:567K                                   Donnelley … Solutions/FA
 2/09/22  Starbucks Corp.                   424B5                  1:530K                                   Donnelley … Solutions/FA


29 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/17/21  Starbucks Corp.                   8-K:1,2,9   9/16/21   11:976K                                   Donnelley … Solutions/FA
 3/19/21  Starbucks Corp.                   8-K:5,9     3/17/21   11:339K                                   Donnelley … Solutions/FA
 1/07/21  Starbucks Corp.                   8-K:5,7,9   1/07/21   12:189K                                   Donnelley … Solutions/FA
11/12/20  Starbucks Corp.                   10-K        9/27/20  122:19M
 7/28/20  Starbucks Corp.                   10-Q        6/28/20   96:17M
 5/07/20  Starbucks Corp.                   8-K:2,8,9   5/07/20   14:734K                                   Donnelley … Solutions/FA
 3/12/20  Starbucks Corp.                   8-K:2,8,9   3/12/20   14:784K                                   Donnelley … Solutions/FA
11/15/19  Starbucks Corp.                   10-K        9/29/19  120:19M
 7/30/19  Starbucks Corp.                   10-Q        6/30/19   88:14M
 5/13/19  Starbucks Corp.                   8-K:2,8,9   5/13/19    5:456K                                   Donnelley … Solutions/FA
11/16/18  Starbucks Corp.                   10-K        9/30/18  119:18M
 8/10/18  Starbucks Corp.                   8-K:2,8,9   8/10/18    6:494K                                   Donnelley … Solutions/FA
 5/07/18  Starbucks Corp.                   8-K:1,8,9   5/06/18    3:501K                                   Donnelley … Solutions/FA
 2/28/18  Starbucks Corp.                   8-K:2,8,9   2/28/18    6:430K                                   Donnelley … Solutions/FA
11/22/17  Starbucks Corp.                   8-K:2,8,9  11/22/17    5:388K                                   Donnelley … Solutions/FA
11/17/17  Starbucks Corp.                   10-K       10/01/17  115:17M
 8/01/17  Starbucks Corp.                   10-Q        7/02/17   69:10M
 3/20/17  Starbucks Corp.                   8-K:2,8,9   3/17/17    6:415K                                   Donnelley … Solutions/FA
11/18/16  Starbucks Corp.                   10-K       10/02/16  116:16M
 9/15/16  Starbucks Corp.                   S-3ASR      9/15/16    7:881K                                   Donnelley … Solutions/FA
 7/29/16  Starbucks Corp.                   8-K:1,2,9   7/27/16    2:185K                                   Donnelley … Solutions/FA
 5/16/16  Starbucks Corp.                   8-K:2,8,9   5/16/16    6:417K                                   Donnelley … Solutions/FA
 4/26/16  Starbucks Corp.                   10-Q        3/27/16   69:10M
 6/10/15  Starbucks Corp.                   8-K:2,8,9   6/10/15    6:413K                                   Donnelley … Solutions/FA
 4/28/15  Starbucks Corp.                   10-Q        3/29/15   76:15M
 9/06/13  Starbucks Corp.                   8-K:2,8,9   9/03/13    5:334K                                   Donnelley … Solutions/FA
 9/03/13  Starbucks Corp.                   S-3ASR      9/03/13    7:855K                                   Donnelley … Solutions/FA
 2/04/11  Starbucks Corp.                   10-Q        1/02/11   63:4.6M                                   Donnelley … Solutions/FA
 2/10/06  Starbucks Corp.                   10-Q        1/01/06    7:411K                                   Bowne - Seattle/FA
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Filing Submission 0000829224-21-000086   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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