XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.23.1

INVESTMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
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
March 31, 2023 |  |
Marketable securities | $ | 310 |  | $ | — |
Other investments | 295 |  | 42 |
Other noncurrent assets | 1,403 |  | — |
Total equity securities | $ | 2,008 |  | $ | 42 |
December 31, 2022 |  |
Marketable securities | $ | 308 |  | $ | — |
Other investments | 459 |  | 42 |
Other noncurrent assets | 1,303 |  | — |
Total equity securities | $ | 2,070 |  | $ | 42 |
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 period related to equity securities still held at the end of the period is as follows (in millions):
| Three Months Ended
| March 31, 2023 | April 1, 2022
Net gains (losses) recognized during the period related to equity securities | $ | 125 |  | $ | (100) |
Less: Net gains (losses) recognized during the period related to equity securities sold during the period | 1 |  | (132) |
Net unrealized gains (losses) recognized during the period related to equity securities still held at the end of the period | $ | 124 |  | $ | 32 |
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
March 31, 2023 |  |  |  |
Trading securities | $ | 43 |  | $ | — |  | $ | (4) |  | $ | 39 |
Available-for-sale securities | 1,027 |  | 23 |  | (47) |  | 1,003 |
Total debt securities | $ | 1,070 |  | $ | 23 |  | $ | (51) |  | $ | 1,042 |
December 31, 2022 |  |  |  |
Trading securities | $ | 43 |  | $ | — |  | $ | (4) |  | $ | 39 |
Available-for-sale securities | 979 |  | 26 |  | (61) |  | 944 |
Total debt securities | $ | 1,022 |  | $ | 26 |  | $ | (65) |  | $ | 983 |
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):
| March 31, 2023 |  | December 31, 2022
| Trading Securities | Available-for-Sale Securities |  | Trading Securities | Available-for-Sale Securities
Marketable securities | $ | 39 |  | $ | 776 |  |  | $ | 39 |  | $ | 722 |
Other noncurrent assets | — |  | 227 |  |  | — |  | 222 |
Total debt securities | $ | 39 |  | $ | 1,003 |  |  | $ | 39 |  | $ | 944 |
Contractual maturities of available-for-sale debt securities | The contractual maturities of these available-for-sale debt securities as of March 31, 2023 were as follows (in millions):
| Cost | Estimated Fair Value |  |  |
Within 1 year | $ | 457 |  | $ | 440 |  |  |  |
After 1 year through 5 years | 352 |  | 357 |  |  |  |
After 5 years through 10 years | 39 |  | 48 |  |  |  |
After 10 years | 179 |  | 158 |  |  |  |
Total | $ | 1,027 |  | $ | 1,003 |  |  |  |
Realized Gain (Loss) on Investments | The sale and/or maturity of available-for-sale debt securities resulted in the following realized activity (in millions):
|  |  | Three Months Ended
|  |  |  | March 31, 2023 | April 1, 2022
Gross gains |  |  |  | $ | — |  | $ | 1 |
Gross losses |  |  |  | (3) |  | (5) |
Proceeds |  |  |  | 68 |  | 231 |

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 Fair value of debt securities by balance sheet location [Table Text Block] + References No definition available. + Details
Name: | ko_FairvalueofdebtsecuritiesbybalancesheetlocationTableTextBlock
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 the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration