Current report filing

REVENUE RECOGNITION Revenue Recognition (Details)

v3.19.2
REVENUE RECOGNITION Revenue Recognition (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Net operating revenues related to concentrate operations $ 19,894    
Net operating revenues related to finished product operations 14,406    
Revenues 34,300 $ 36,212 $ 41,863
Cost of Goods Sold 13,067 13,721 16,465
Gross Profit 21,233 22,491 25,398
Selling, General and Administrative Expense 11,002 12,834 15,370
Operating Income (Loss) 9,152 7,755 8,657
INCOME BEFORE INCOME TAXES 8,225 6,890 8,136
Income taxes 1,749 5,607 1,586
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 6,476 1,283 6,550
Net income attributable to shareowners of The Coca-Cola Company 6,434 1,248 6,527
Accounts Receivable, Net, Current 3,685 3,966  
Prepaid expenses and other assets 2,059 2,052  
Assets, Current 24,930 29,962  
DEFERRED INCOME TAX ASSETS 2,674 346  
Assets 83,216 87,896  
Accounts payable and accrued expenses 9,533 9,346  
Liabilities, Current 28,782 26,745  
DEFERRED INCOME TAX LIABILITIES 2,354 2,941  
Reinvested earnings 63,234 60,430  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 19,058 18,977  
Liabilities and Equity 83,216 87,896  
Accounting Standards Update 2014-09 [Member] | Sales Revenue, Net [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue 667    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 33,633    
Accounting Standards Update 2014-09 [Member] | Cost of Goods, Total [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Expense 840    
Income statement balance without new accounting pronouncement or change in accounting principle - Expense 12,227    
Accounting Standards Update 2014-09 [Member] | Gross Profit [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue (173)    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 21,406    
Accounting Standards Update 2014-09 [Member] | Selling, General and Administrative Expenses [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Expense (181)    
Income statement balance without new accounting pronouncement or change in accounting principle - Expense 11,183    
Accounting Standards Update 2014-09 [Member] | Operating Income (Loss) [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue 8    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 9,144    
Accounting Standards Update 2014-09 [Member] | Income from continuing operations before income taxes [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue 8    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 8,217    
Accounting Standards Update 2014-09 [Member] | Income taxes from continuing operations [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Expense (3)    
Income statement balance without new accounting pronouncement or change in accounting principle - Expense 1,752    
Accounting Standards Update 2014-09 [Member] | Net income from continuing operations [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue 11    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 6,465    
Accounting Standards Update 2014-09 [Member] | Net Income Attributable to Shareowners of the Company [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
New Accounting Pronouncement of Change in Accounting Principle, Effect of Change on Income Statement - Revenue 11    
Income statement balance without new accounting pronouncement or change in accounting principle - Revenue 6,423    
Trade Accounts Receivable [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - assets 3,591    
Increase (Decrease) Due to Adoption of ASC 606 - assets 94    
Prepaid expenses and other assets [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - assets 2,067    
Increase (Decrease) Due to Adoption of ASC 606 - assets (8)    
Total current assets [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - assets 24,844    
Increase (Decrease) Due to Adoption of ASC 606 - assets 86    
Deferred income tax assets [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - assets 2,656    
Increase (Decrease) Due to Adoption of ASC 606 - assets 18    
Assets, Total [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - assets 83,112    
Increase (Decrease) Due to Adoption of ASC 606 - assets 104    
Accounts Payable and Accrued Liabilities | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 9,114    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities 419    
Total current liabilities [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 28,363    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities 419    
Deferred income tax liabilities [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 2,423    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities (69)    
REINVESTED EARNINGS | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 63,480    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities (246)    
Stockholders' Equity, Total [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 19,304    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities (246)    
Total liabilities and equity [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Balance sheet balance without adoption of ASC 606 - liabilities 83,112    
Increase (Decrease) Due to Adoption of ASC 606 - liabilities 104    
United States      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Net operating revenues related to concentrate operations 4,571    
Net operating revenues related to finished product operations 6,773    
Revenues 11,344 14,727 19,899
International      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Net operating revenues related to concentrate operations 15,323    
Net operating revenues related to finished product operations 7,633    
Revenues $ 22,956 $ 21,485 $ 21,964