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OPERATING SEGMENTS (Tables)
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2022
Segment Reporting [Abstract]    
Schedule of Segment Reporting Information, by Segment
Information about our Company’s operations by operating segment and Corporate is as follows (in millions):
Europe, Middle East & Africa Latin
America 		North
America		Asia Pacific Global Ventures Bottling
Investments		CorporateEliminationsConsolidated
As of and for the Three Months Ended September 30, 2022        
Net operating revenues:        
Third party$1,844 $1,267 $4,197 $1,263 $679 $1,784 $29 $— $11,063 
Intersegment143 — 4 164 — 2 — (313)— 
Total net operating revenues1,987 1,267 4,201 1,427 679 1,786 29 (313)11,063 
Operating income (loss)1,046 712 1,082 589 67 46 (454)— 3,088 
Income (loss) before income taxes1,078 715 1,090 598 69 466 (572)— 3,444 
Identifiable operating assets7,153 
2
2,072 25,989 2,347 
3
6,741 9,384 
2,3
20,480 — 74,166 
Investments1
433 607 19 215 — 12,479 4,552 — 18,305 
As of and for the Three Months
Ended October 1, 2021		        
Net operating revenues:        
Third party$1,758 $1,137 $3,478 $1,229 $753 $1,663 $24 $— $10,042 
Intersegment157 — 1 145 — 2 1 (306)— 
Total net operating revenues1,915 1,137 3,479 1,374 753 1,665 25 (306)10,042 
Operating income (loss)1,028 712 868 594 114 81 (499)— 2,898 
Income (loss) before income taxes1,050 716 630 604 116 462 (494)— 3,084 
Identifiable operating assets8,213 
2
1,839 19,118 2,254 
3
7,784 10,213 
2,3
22,004 — 71,425 
Investments1
482 606 331 238 2 13,137 4,385 — 19,181 
As of December 31, 2021        
Identifiable operating assets$7,908 
2
$1,720 $25,730 $2,355 
3
$7,949 $10,312 
2,3
$19,964 $— $75,938 
Investments1
436 594 21 230 — 12,669 4,466 — 18,416 
1Principally equity method investments and other investments in bottling companies.
2Property, plant and equipment — net in South Africa represented 16 percent of consolidated property, plant and equipment — net as of September 30, 2022, October 1, 2021 and December 31, 2021.
3Property, plant and equipment — net in the Philippines represented 10 percent of consolidated property, plant and equipment — net as of September 30, 2022, October 1, 2021 and December 31, 2021.
Europe, Middle East & Africa Latin
America 		North
America		Asia Pacific Global Ventures Bottling
Investments		CorporateEliminationsConsolidated
Nine Months Ended September 30, 2022        
Net operating revenues:        
Third party$5,523 $3,621 $11,815 $3,837 $2,103 $5,903 $77 $— $32,879 
Intersegment481 — 6 567 — 6 — (1,060)— 
Total net operating revenues6,004 3,621 11,821 4,404 2,103 5,909 77 (1,060)32,879 
Operating income (loss)3,344 2,146 2,978 2,006 162 352 (2,154)— 8,834 
Income (loss) before income taxes3,326 2,152 3,002 2,025 173 1,312 (2,804)— 9,186 
Nine Months Ended October 1, 2021        
Net operating revenues:        
Third party$5,094 $3,113 $9,793 $3,811 $2,030 $5,292 $58 $— $29,191 
Intersegment461 — 4 468 — 7 1 (941)— 
Total net operating revenues5,555 3,113 9,797 4,279 2,030 5,299 59 (941)29,191 
Operating income (loss)2,990 1,942 2,610 2,046 215 314 (1,481)— 8,636 
Income (loss) before income taxes3,049 1,952 2,405 2,078 221 1,201 (1,441)— 9,465