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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill
Changes in goodwill consisted of (in millions):

Latin AmericaAMEAEuropeNorth AmericaTotal
January 1, 2023$1,421 $3,132 $8,009 $10,888 $23,450 
Currency180 (67)341 19 473 
Other (1)
6 — — (33)(27)
Balance at December 31, 2023
$1,607 $3,065 $8,350 $10,874 $23,896 
Currency(291)(147)(508)(55)(1,001)
Acquisition (2)
— 122 — — 122 
Balance at December 31, 2024
$1,316 $3,040 $7,842 $10,819 $23,017 

(1)Relates to purchase price allocation adjustments for Ricolino and Clif Bar during 2023.
(2)Relates to purchase price allocation for Evirth during 2024. Refer to Note 2, Acquisitions and Divestitures for more information.
Schedule of Finite-Lived Intangible Assets
Intangible assets consisted of the following (in millions):

As of December 31, 2024As of December 31, 2023
Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Indefinite-life intangible assets (1)
$17,770 $— $17,770 $18,669 $— $18,669 
Definite-life intangible assets
3,306 (2,228)1,078 3,322 (2,155)1,167 
Total$21,076 $(2,228)$18,848 $21,991 $(2,155)$19,836 

(1)We recorded intangible asset impairments of $153 million in 2024 and $26 million in 2023 within asset impairment and exit costs.
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consisted of the following (in millions):

As of December 31, 2024As of December 31, 2023
Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Indefinite-life intangible assets (1)
$17,770 $— $17,770 $18,669 $— $18,669 
Definite-life intangible assets
3,306 (2,228)1,078 3,322 (2,155)1,167 
Total$21,076 $(2,228)$18,848 $21,991 $(2,155)$19,836 

(1)We recorded intangible asset impairments of $153 million in 2024 and $26 million in 2023 within asset impairment and exit costs.