XML 48 R37.htm IDEA: XBRL DOCUMENT
v3.24.3

OPERATING SEGMENTS (Tables) | 3 Months Ended
--- | ---
Sep. 27, 2024
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 |  | Corporate | Eliminations | Consolidated
As of and for the Three Months Ended September 27, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues: |  |  |  |  |  |  |  |  |  |  |  |
Third party | $ | 1,847 |  | $ | 1,639 |  | $ | 4,983 |  | $ | 1,272 |  |  | $ | 781 |  |  | $ | 1,314 |  |  | $ | 18 |  | $ | — |  | $ | 11,854 |
Intersegment | 172 |  | — |  | 1 |  | 77 |  |  | — |  |  | 2 |  |  | — |  | (252) |  | — |
Total net operating revenues | 2,019 |  | 1,639 |  | 4,984 |  | 1,349 |  |  | 781 |  |  | 1,316 |  |  | 18 |  | (252) |  | 11,854 |
Operating income (loss) | 977 |  | 933 |  | 1,405 |  | 459 |  |  | 77 |  |  | 43 |  |  | (1,384) |  | — |  | 2,510 |
Income (loss) before income taxes | 995 |  | 933 |  | 1,415 |  | 462 |  |  | 78 |  |  | 502 |  |  | (1,005) |  | — |  | 3,380 |
Identifiable operating assets | 7,378 |  | 2,535 |  | 25,601 |  | 2,664 |  | 2 | 7,994 |  |  | 8,341 |  | 2 | 32,716 |  | — |  | 87,229 |
Investments 1 | 398 |  | 687 |  | 15 |  | 57 |  |  | — |  |  | 12,688 |  |  | 5,192 |  | — |  | 19,037 |
As of and for the Three Months Ended September 29, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues: |  |  |  |  |  |  |  |  |  |  |  |
Third party | $ | 2,009 |  | $ | 1,574 |  | $ | 4,461 |  | $ | 1,235 |  |  | $ | 779 |  |  | $ | 1,855 |  |  | $ | 40 |  | $ | — |  | $ | 11,953 |
Intersegment | 167 |  | — |  | 2 |  | 167 |  |  | — |  |  | 4 |  |  | — |  | (340) |  | — |
Total net operating revenues | 2,176 |  | 1,574 |  | 4,463 |  | 1,402 |  |  | 779 |  |  | 1,859 |  |  | 40 |  | (340) |  | 11,953 |
Operating income (loss) | 1,136 |  | 985 |  | 1,276 |  | 491 |  |  | 81 |  |  | 132 |  |  | (831) |  | — |  | 3,270 |
Income (loss) before income taxes | 1,154 |  | 988 |  | 1,295 |  | 491 |  |  | 84 |  |  | 571 |  |  | (1,046) |  | — |  | 3,537 |
Identifiable operating assets | 7,142 |  | 3,124 |  | 25,591 |  | 2,324 |  | 2 | 7,349 |  |  | 9,342 |  | 2 | 23,346 |  | — |  | 78,218 |
Investments 1 | 372 |  | 709 |  | 15 |  | 71 |  |  | — |  |  | 13,310 |  |  | 4,883 |  | — |  | 19,360 |
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Identifiable operating assets | $ | 7,117 |  | $ | 3,149 |  | $ | 25,808 |  | $ | 2,428 |  | 2 | $ | 7,607 |  |  | $ | 9,871 |  | 2 | $ | 21,934 |  | $ | — |  | $ | 77,914 |
Investments 1 | 389 |  | 712 |  | 15 |  | 71 |  |  | — |  |  | 13,639 |  |  | 4,963 |  | — |  | 19,789 |
1 Principally equity method investments and other investments in bottling companies. 2 Property, plant and equipment — net in India represented 14%, 12% and 12% of consolidated property, plant and equipment — net as of September 27, 2024, September 29, 2023 and December 31, 2023, respectively.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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