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GOODWILL (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying value of goodwill by operating segment
The following table provides information related to the carrying value of our goodwill by operating segment (in millions):
Europe, Middle East & AfricaLatin
America
North
America
Asia PacificBottling
Investments
Total
2023      
Balance at beginning of year$3,571 $220 $10,978 $428 $3,585 $18,782 
Effect of foreign currency translation76 — (11)(264)(193)
Divestitures1
— — — — (231)(231)
Balance at end of year$3,647 $226 $10,978 $417 $3,090 $18,358 
2024      
Balance at beginning of year$3,647 $226 $10,978 $417 $3,090 $18,358 
Effect of foreign currency translation(107)(11) (10)(84)(212)
Impairment charges    (6)(6)
Divestitures
    (1)(1)
Balance at end of year$3,540 $215 $10,978 $407 $2,999 $18,139 
1 The decrease in the Bottling Investments segment was a result of the Company’s bottling operations in the Philippines being classified as held for sale. Refer to Note 2.