The following table provides information related to the carrying value of our goodwill by operating segment (in millions):
 
Europe, Middle East & Africa

 
Latin
America

 
North
America

 
Asia Pacific

 
Bottling
Investments

 
Total

2015
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of year
$
746

 
$
147

 
$
8,568

 
$
131

 
$
2,508

 
$
12,100

Effect of foreign currency translation
(105
)
 
(24
)
 

 
2

 
(37
)
 
(164
)
Acquisitions1

 

 
26

 

 
1

 
27

Adjustments related to the finalization
   of purchase accounting1

 

 

 

 
4

 
4

Impairment

 

 

 

 
(4
)
 
(4
)
Divestitures, deconsolidations and other1
(3
)
 

 
(283
)
 

 
(388
)
 
(674
)
Balance at end of year
$
638

 
$
123

 
$
8,311

 
$
133

 
$
2,084

 
$
11,289

2016
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of year
$
638

 
$
123

 
$
8,311

 
$
133

 
$
2,084

 
$
11,289

Effect of foreign currency translation
(10
)
 
(6
)
 

 
(11
)
 
(6
)
 
(33
)
Acquisitions1

 

 

 
6

 

 
6

Adjustments related to the finalization
   of purchase accounting1

 

 
10

 

 

 
10

Impairment

 

 

 

 
(10
)
 
(10
)
Divestitures, deconsolidations and other1,2

 

 

 

 
(633
)
 
(633
)
Balance at end of year
$
628

 
$
117

 
$
8,321

 
$
128

 
$
1,435

 
$
10,629

1
Refer to Note 2 for information related to the Company's acquisitions and divestitures.
2 
The 2016 decrease in the Bottling Investments segment was primarily a result of additional North America bottling territories being refranchised or reclassified as held for sale as well as the Company's China bottling operations being reclassified as held for sale. Refer to Note 2.