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Related Party Transactions (Tables)
9 Months Ended
Oct. 01, 2021
Related Party Transactions [Abstract]  
Summary of Significant Transactions between Company and The Coca-Cola Company
The following table summarizes the significant cash transactions between the Company and The Coca‑Cola Company:

Third QuarterFirst Nine Months
(in thousands)2021202020212020
Payments made by the Company to The Coca-Cola Company(1)
$403,889 $369,186 $1,120,042 $1,012,568 
Payments made by The Coca-Cola Company to the Company51,024 30,458 131,026 91,086 
(1)This excludes payments by the Company to Coca-Cola Refreshments USA, Inc., a wholly owned subsidiary of The Coca‑Cola Company, as discussed in the next section.
Summary of Liability to Estimated Fair Value of Contingent Consideration The following table summarizes the liability recorded by the Company to reflect the estimated fair value of contingent consideration related to future sub‑bottling payments to CCR:
(in thousands)October 1, 2021December 31, 2020
Current portion of acquisition related contingent consideration$47,212 $36,020 
Noncurrent portion of acquisition related contingent consideration449,447 398,674 
Total acquisition related contingent consideration$496,659 $434,694 
Summary of Rental Payments Related to Leases
A summary of rental payments for these leases related to the third quarter and the first nine months of 2021 and 2020 is as follows:

Third QuarterFirst Nine Months
(in thousands)2021202020212020
Company headquarters$944 $826 $2,834 $2,478 
Snyder Production Center1,112 1,112 3,338 3,338