DEBT AND BORROWING ARRANGEMENTS (Details 2)
€ in Millions, SFr in Millions, $ in Millions, $ in Millions |
12 Months Ended |
|
Dec. 31, 2018
USD ($)
|
Dec. 31, 2017
USD ($)
|
Dec. 31, 2017
EUR (€)
|
Dec. 31, 2017
CHF (SFr)
|
Dec. 31, 2016
USD ($)
|
Dec. 31, 2016
AUD ($)
|
Dec. 31, 2016
EUR (€)
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
$ 1,000.0
|
€ 2,500
|
|
$ 3,725.0
|
$ 1,000
|
€ 500
|
| Carrying Value of Extinguished Long-Term Debt |
|
417.0
|
|
|
|
|
|
| Carrying Value of Long-Term Debt |
|
3,974.0
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 3,276.0
|
|
|
|
|
|
|
| Gains (Losses) on Extinguishment of Debt |
27.0
|
(38.0)
|
|
|
|
|
|
| Long-term Debt, Fair Value |
30,456.0
|
35,195.0
|
|
|
|
|
|
| Long-term Debt |
$ 30,379.0
|
$ 34,506.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
1.90%
|
1.80%
|
|
|
|
|
|
| Less current portion |
$ (5,003.0)
|
$ (3,304.0)
|
|
|
|
|
|
| Long-term debt non current |
25,376.0
|
31,202.0
|
|
|
|
|
|
| Total interest paid |
903.0
|
803.0
|
|
|
$ 663.0
|
|
|
| Increase (Decrease) in Carrying Value of Long-term Debt Interest Rate Fair Value Hedge Adjustment |
62.0
|
13.0
|
|
|
|
|
|
| Maturities of Long-Term Debt |
|
|
|
|
|
|
|
| 2019 |
5,003.0
|
|
|
|
|
|
|
| 2020 |
4,272.0
|
|
|
|
|
|
|
| 2021 |
2,934.0
|
|
|
|
|
|
|
| 2022 |
2,414.0
|
|
|
|
|
|
|
| 2023 |
$ 4,099.0
|
|
|
|
|
|
|
| Notes due January 29, 2018 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
9.66%
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 26.0
|
|
|
|
|
|
|
| Notes due March 14, 2018 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
1.65%
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 750.0
|
|
|
|
|
|
|
| Notes due April 1, 2018 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
1.15%
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 1,250.0
|
|
|
|
|
|
|
| Notes due November 1, 2018 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
1.65%
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 1,250.0
|
|
|
|
|
|
|
| Notes due on May 25, 2022 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
$ 500.0
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
2.20%
|
|
|
|
|
|
| Notes due on May 25, 2027 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
$ 500.0
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
2.90%
|
|
|
|
|
|
| Notes due on March 8, 2019 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt | € |
|
|
€ 1,500
|
|
|
|
|
| Variable interest rate used |
|
P3M
|
P3M
|
P3M
|
|
|
|
| Basis spread on variable rate used (as a percent) |
|
0.25%
|
0.25%
|
0.25%
|
|
|
|
| Notes due on March 9, 2021 [Member] [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt | € |
|
|
€ 500
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
0.00%
|
|
|
|
|
|
| Notes due on March 8, 2024 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt | € |
|
|
€ 500
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
0.50%
|
|
|
|
|
|
| Total principal notes due June 9, 2020 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
|
$ 450
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
2.60%
|
2.60%
|
2.60%
|
| Total principal notes due June 11, 2024 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
|
$ 550
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
3.25%
|
3.25%
|
3.25%
|
| Total principal notes due November 16, 2017 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
$ 225.0
|
|
|
| Variable interest rate used |
|
P3M
|
P3M
|
P3M
|
P3M
|
P3M
|
P3M
|
| Basis spread on variable rate used (as a percent) |
|
0.05%
|
0.05%
|
0.05%
|
0.05%
|
0.05%
|
0.05%
|
| Extinguishment of long-term debt |
|
$ 225.0
|
|
|
|
|
|
| Notes due August 15, 2019 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
4.50%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 95.6
|
|
|
|
|
|
| Notes due February 1, 2022 [Member] [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
8.50%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 38.6
|
|
|
|
|
|
| Notes due September 15, 2022 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
8.00%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 11.7
|
|
|
|
|
|
| Notes due September 15, 2023 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
6.75%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 36.5
|
|
|
|
|
|
| Notes due October 1, 2026 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
7.00%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 9.9
|
|
|
|
|
|
| Notes due November 15, 2026 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
6.95%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 53.8
|
|
|
|
|
|
| Notes due September 15, 2028 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
6.75%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 41.3
|
|
|
|
|
|
| Notes due October 15, 2036 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
6.70%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 32.0
|
|
|
|
|
|
| Notes due March 18, 2037 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
5.71%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 3.4
|
|
|
|
|
|
| Notes due January 15, 2038 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
6.75%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 24.3
|
|
|
|
|
|
| Notes due May 15, 2098 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
7.00%
|
7.00%
|
|
|
|
|
|
| Extinguishment of long-term debt |
$ 94.0
|
$ 4.7
|
|
|
|
|
|
| Total principal notes due May 30, 2019 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
$ 1,000.0
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
1.375%
|
1.375%
|
1.375%
|
| Total principal notes due September 1, 2021 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
$ 1,000.0
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
1.55%
|
1.55%
|
1.55%
|
| Total principal notes due June 1, 2026 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
$ 500.0
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
2.55%
|
2.55%
|
2.55%
|
| Total principal notes due September 1, 2026 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt |
|
|
|
|
$ 1,000.0
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
2.25%
|
2.25%
|
2.25%
|
| Total principal notes due September 2, 2036 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Issuance of long term debt | € |
|
|
|
|
|
|
€ 500
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
1.10%
|
1.10%
|
1.10%
|
| Total principal notes due September 1, 2016 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
1.80%
|
1.80%
|
1.80%
|
| Total principal variable notes due November 1, 2016 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
|
|
|
0.75%
|
0.75%
|
0.75%
|
| Variable interest rate used |
|
|
|
|
P3M
|
P3M
|
P3M
|
| Basis spread on variable rate used (as a percent) |
|
|
|
|
0.10%
|
0.10%
|
0.10%
|
| Total principal notes due October 2, 2017 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
0.00%
|
|
|
|
|
|
| Extinguishment of long-term debt | SFr |
|
|
|
SFr 200
|
|
|
|
| Total principal notes due March 9, 2017 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Variable interest rate used |
|
P3M
|
P3M
|
P3M
|
|
|
|
| Basis spread on variable rate used (as a percent) |
|
0.15%
|
0.15%
|
0.15%
|
|
|
|
| Extinguishment of long-term debt | € |
|
|
€ 2,000
|
|
|
|
|
| Notes due August 1, 2017 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
7.125%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 206.0
|
|
|
|
|
|
| Total principal notes dues October 27, 2017 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate |
|
0.875%
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
$ 750.0
|
|
|
|
|
|
| U.S. dollar notes due 2019-2093 |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 13,619.0
|
$ 16,854.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
2.60%
|
2.30%
|
|
|
|
|
|
| U.S. dollar debentures due 2020-2098 |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 1,390.0
|
$ 1,559.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
5.20%
|
5.50%
|
|
|
|
|
|
| U.S. dollar zero coupon notes due in 2020 |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Unamortized discounts |
$ 8.0
|
$ 13.0
|
|
|
|
|
|
| Long-term Debt |
$ 163.0
|
$ 158.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
8.40%
|
8.40%
|
|
|
|
|
|
| Australian dollar notes due 2020-2024 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 723.0
|
$ 760.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
2.20%
|
2.10%
|
|
|
|
|
|
| Euro notes due 2019 - 2036 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 12,994.0
|
$ 13,663.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
0.60%
|
0.70%
|
|
|
|
|
|
| Swiss franc notes due 2022 - 2028 [Member] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 1,128.0
|
$ 1,148.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
3.60%
|
3.00%
|
|
|
|
|
|
| Other, due through 2098 |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 300.0
|
$ 351.0
|
|
|
|
|
|
| Long-term Debt, Weighted Average Interest Rate, at Point in Time |
4.00%
|
4.10%
|
|
|
|
|
|
| Other, due through 2031 |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Long-term Debt |
$ 154.0
|
|
|
|
|
|
|
| Assumed long term debt | Coca-Cola Enterprises Inc. |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Fair value adjustment related to the debt assumed |
$ 212.0
|
$ 263.0
|
|
|
|
|
|
| Fair value adjustments weighted-average amortization period (in years) |
19
|
|
|
|
|
|
|
| upon maturity | Total principal notes due September 1, 2016 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
|
|
|
$ 1,654.0
|
|
|
| upon maturity | Total principal variable notes due November 1, 2016 [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
|
|
|
500.0
|
|
|
| upon maturity | Total principal fixed notes due November 1, 2016 [Domain] [Domain] |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
|
|
|
| Extinguishment of long-term debt |
|
|
|
|
$ 500.0
|
|
|