XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.24.3

INVESTMENTS (Tables) | 9 Months Ended
--- | ---
Sep. 27, 2024
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
September 27, 2024 |  |
Marketable securities | $ | 413 |  | $ | — |
Other investments | 2 |  | 42 |
Other noncurrent assets | 1,679 |  | — |
Total equity securities | $ | 2,094 |  | $ | 42 |
December 31, 2023 |  |
Marketable securities | $ | 345 |  | $ | — |
Other investments | 76 |  | 42 |
Other noncurrent assets | 1,585 |  | — |
Total equity securities | $ | 2,006 |  | $ | 42 |
Unrealized Gain (Loss) on Investments | 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
| September 27, 2024 | September 29, 2023
Net gains (losses) recognized during the period related to equity securities | $ | 116 |  | $ | (61) |
Less: Net gains (losses) recognized during the period related to equity securities sold during the period | 18 |  | 9 |
Net unrealized gains (losses) recognized during the period related to equity securities still held at the end of the period | $ | 98 |  | $ | (70) |
| Nine Months Ended
| September 27, 2024 | September 29, 2023
Net gains (losses) recognized during the period related to equity securities | $ | 351 |  | $ | 194 |
Less: Net gains (losses) recognized during the period related to equity securities sold during the period | 85 |  | 34 |
Net unrealized gains (losses) recognized during the period related to equity securities still held at the end of the period | $ | 266 |  | $ | 160 |
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
September 27, 2024 |  |  |  |
Trading securities | $ | 46 |  | $ | 1 |  | $ | (1) |  | $ | 46 |
Available-for-sale securities | 1,738 |  | 25 |  | (58) |  | 1,705 |
Total debt securities | $ | 1,784 |  | $ | 26 |  | $ | (59) |  | $ | 1,751 |
December 31, 2023 |  |  |  |
Trading securities | $ | 43 |  | $ | — |  | $ | (2) |  | $ | 41 |
Available-for-sale securities | 1,136 |  | 26 |  | (28) |  | 1,134 |
Total debt securities | $ | 1,179 |  | $ | 26 |  | $ | (30) |  | $ | 1,175 |
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):
| September 27, 2024 |  | December 31, 2023
| Trading Securities | Available-for-Sale Securities |  | Trading Securities | Available-for-Sale Securities
Marketable securities | $ | 46 |  | $ | 1,328 |  |  | $ | 41 |  | $ | 914 |
Other noncurrent assets | — |  | 377 |  |  | — |  | 220 |
Total debt securities | $ | 46 |  | $ | 1,705 |  |  | $ | 41 |  | $ | 1,134 |
Contractual maturities of available-for-sale debt securities | The contractual maturities of these available-for-sale debt securities as of September 27, 2024 were as follows (in millions):
| Cost | Estimated Fair Value |  |  |
Within 1 year | $ | 328 |  | $ | 326 |  |  |  |
After 1 year through 5 years | 1,199 |  | 1,171 |  |  |  |
After 5 years through 10 years | 38 |  | 44 |  |  |  |
After 10 years | 173 |  | 164 |  |  |  |
Total | $ | 1,738 |  | $ | 1,705 |  |  |  |
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 |  | Nine Months Ended
| September 27, 2024 | September 29, 2023 |  | September 27, 2024 | September 29, 2023
Gross gains | $ | 9 |  | $ | — |  |  | $ | 14 |  | $ | 2 |
Gross losses | (1) |  | (3) |  |  | (10) |  | (7) |
Proceeds | 206 |  | 184 |  |  | 646 |  | 292 |

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-types1: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-types1: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-types1: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://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration