XML 77 R49.htm IDEA: XBRL DOCUMENT v3.24.0.1

RESTRUCTURING (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Strategic Realignment Initiatives Costs

The following table summarizes the balance of accrued expenses related to these strategic realignment initiatives (in millions):

			Severance Pay and Benefits						Outside Services			Other Direct Costs			Total
2021
Accrued balance at beginning of year			$	181					$	1		$	3		$	185
Costs incurred			224						37			2			263
Payments			(265)						(35)			(3)			(303)
Noncash and exchange			(120)			1			(2)			—			(122)
Accrued balance at end of year			$	20					$	1		$	2		$	23
2022
Accrued balance at beginning of year			$	20					$	1		$	2		$	23
Costs incurred			(4)						—			(2)			(6)
Payments			(15)						—			—			(15)
Noncash and exchange			1						—			—			1
Accrued balance at end of year			$	2					$	1		$	—		$	3
2023
Accrued balance at beginning of year			$	2					$	1		$	—		$	3
Payments			(2)						—			—			(2)
Noncash and exchange			—						(1)			—			(1)
Accrued balance at end of year			$	—					$	—		$	—		$	—

1Includes pension settlement charges. Refer to Note 14.

Restructuring And Related Costs North America OU

The following table summarizes the balance of accrued expenses related to these North America operating unit restructuring initiatives (in millions):

			Severance Pay and Benefits			Outside Services			Other Direct Costs			Total
2022
Costs incurred			$	38		$	—		$	—		$	38
Payments			(1)			—			—			(1)
Accrued balance at end of year			$	37		$	—		$	—		$	37
2023
Accrued balance at beginning of year			$	37		$	—		$	—		$	37
Costs incurred			22			1			4			27
Payments			(58)			(1)			(4)			(63)
Accrued balance at end of year			$	1		$	—		$	—		$	1

Productivity and Reinvestment Initiatives Costs

The following table summarizes the balance of accrued expenses related to these productivity and reinvestment initiatives and the changes in the accrued amounts (in millions):

			Severance Pay and Benefits			Outside Services			Other Direct Costs			Total
2021
Accrued balance at beginning of year			$	15		$	—		$	2		$	17
Costs incurred			4			97			14			115
Payments			(6)			(97)			(14)			(117)
Noncash and exchange			(1)			—			3			2
Accrued balance at end of year			$	12		$	—		$	5		$	17
2022
Accrued balance at beginning of year			$	12		$	—		$	5		$	17
Costs incurred			(4)			81			8			85
Payments			(2)			(81)			(11)			(94)
Noncash and exchange			(2)			—			—			(2)
Accrued balance at end of year			$	4		$	—		$	2		$	6
2023
Accrued balance at beginning of year			$	4		$	—		$	2		$	6
Costs incurred			(1)			131			34			164
Payments			—			(124)			(42)			(166)
Noncash and exchange			—			(7)			6			(1)
Accrued balance at end of year			$	3		$	—		$	—		$	3

X

- Definition

Tabular disclosure of costs incurred for restructuring related to the North America OU restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

No definition available.

+ Details

Name:	ko_RestructuringAndRelatedCostsNorthAmericaOUTableTextBlock
Namespace Prefix:	ko_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482017/420-10-50-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482017/420-10-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration