Coca-Cola FEMSA SAB de CV engages in the production and distribution of beverages. The company is headquartered in Mexico City, Mexico, D.F. and currently employs 97,999 full-time employees. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The firm and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. The company is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The firm's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).