XML 59 R34.htm IDEA: XBRL DOCUMENT
v3.22.4

INVESTMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Carrying value of equity securities by balance sheet location | The carrying values of our equity securities were included in the following line items in our consolidated balance sheets (in millions):
| Fair Value with Changes Recognized in Income | Measurement Alternative — No Readily Determinable Fair Value
December 31, 2022 |  |
Marketable securities | $ | 308 |  | $ | — |
Other investments | 459 |  | 42 |
Other noncurrent assets | 1,303 |  | — |
Total equity securities | $ | 2,070 |  | $ | 42 |
December 31, 2021 |  |
Marketable securities | $ | 376 |  | $ | — |
Other investments | 771 |  | 47 |
Other noncurrent assets | 1,576 |  | — |
Total equity securities | $ | 2,723 |  | $ | 47 |
Net unrealized gains and losses related to equity securities still held at the end of the period | The calculation of net unrealized gains and losses recognized during the year related to equity securities still held at the end of the year is as follows (in millions):
Year Ended December 31, | 2022 | 2021
Net gains (losses) recognized during the year related to equity securities | $ | (236) |  | $ | 509 |
Less: Net gains (losses) recognized during the year related to equity securities sold during the year | 7 |  | 71 |
Net unrealized gains (losses) recognized during the year related to equity securities still held at the end of the year | $ | (243) |  | $ | 438 |
Schedule of available-for-sale and trading securities | Our debt securities consisted of the following (in millions):
|  | Gross Unrealized | Estimated Fair Value
| Cost | Gains | Losses
December 31, 2022 |  |  |  |
Trading securities | $ | 43 |  | $ | — |  | $ | (4) |  | $ | 39 |
Available-for-sale securities | 979 |  | 26 |  | (61) |  | 944 |
Total debt securities | $ | 1,022 |  | $ | 26 |  | $ | (65) |  | $ | 983 |
December 31, 2021 |  |  |  |
Trading securities | $ | 39 |  | $ | 1 |  | $ | — |  | $ | 40 |
Available-for-sale securities | 1,648 |  | 33 |  | (132) |  | 1,549 |
Total debt securities | $ | 1,687 |  | $ | 34 |  | $ | (132) |  | $ | 1,589 |
Carrying values of debt securities by balance sheet location | The carrying values of our debt securities were included in the following line items in our consolidated balance sheets (in millions):
| December 31, 2022 |  | December 31, 2021
| Trading Securities | Available-for-Sale Securities |  | Trading Securities | Available-for-Sale Securities
Marketable securities | $ | 39 |  | $ | 722 |  |  | $ | 40 |  | $ | 1,283 |
Other noncurrent assets | — |  | 222 |  |  | — |  | 266 |
Total debt securities | $ | 39 |  | $ | 944 |  |  | $ | 40 |  | $ | 1,549 |
Contractual maturities of available-for-sale debt securities | The contractual maturities of these available-for-sale debt securities as of December 31, 2022 were as follows (in millions):
| Cost | Estimated Fair Value |  |  |
Within 1 year | $ | 146 |  | $ | 145 |  |  |  |
After 1 year through 5 years | 621 |  | 598 |  |  |  |
After 5 years through 10 years | 38 |  | 49 |  |  |  |
After 10 years | 174 |  | 152 |  |  |  |
Total | $ | 979 |  | $ | 944 |  |  |  |
Realized Gain (Loss) on Investments | The sale and/or maturity of available-for-sale debt securities resulted in the following realized activity (in millions):
Year Ended December 31, | 2022 | 2021 | 2020
Gross gains | $ | 5 |  | $ | 6 |  | $ | 20 |
Gross losses | (136) |  | (10) |  | (13) |
Proceeds | 1,498 |  | 1,197 |  | 1,559 |

X
- Definition Carrying values of debt securities by balance sheet location [Table Text Block] + References No definition available. + Details
Name: | ko_CarryingValuesOfDebtSecuritiesByBalanceSheetLocationTableTextBlock
Namespace Prefix: | ko_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying value of equity securities by balance sheet location [Table] + References No definition available. + Details
Name: | ko_CarryingvalueofequitysecuritiesbybalancesheetlocationTableTextBlock
Namespace Prefix: | ko_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Net unrealized gains and losses recognized during the period related to equity securities still held at the end of the period + References No definition available. + Details
Name: | ko_NetUnrealizedGainsAndLossesRelatedToEquitySecuritiesStillHeldAtTheEndOfThePeriodTableTextBlock
Namespace Prefix: | ko_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale and trading securities from cost basis to fair value. + References No definition available. + Details
Name: | ko_ScheduleOfAvailableForSaleAndTradingSecuritiesReconciliationTableTextBlock
Namespace Prefix: | ko_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration