Quarterly report pursuant to Section 13 or 15(d)

Significant Operating and Nonoperating Items (Details)

v3.20.1
Significant Operating and Nonoperating Items (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Significant Operating and Nonoperating Line Items    
Effective tax rate (as a percent) 7.20% 23.50%
Income taxes $ 215 $ 522
Other Operating Charges    
Productivity, integration and restructuring initiatives 39 68
Impairment of Intangible Assets (Excluding Goodwill)   0
Tax litigation expense   2
Other operating charges 202 127
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees 38 42
Gain (Loss) on Sale of Equity Investments 18  
Equity Income (Loss) - Net    
Net realized and unrealized gains (losses) on equity securities and trading debt securities as well as realized gains (losses) on available-for-sale debt securities   149
Derivative, Gain (Loss) on Derivative, Net   34
Other Income (Loss) - Net    
Equity Method Investment, Other than Temporary Impairment 0 343
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss 0  
Bottling investments [Member]    
Other Operating Charges    
Productivity, integration and restructuring initiatives   2
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees 38 42
EMEA [Member]    
Other Operating Charges    
Productivity, integration and restructuring initiatives   1
North America [Member]    
Other Operating Charges    
Productivity, integration and restructuring initiatives   17
Impairment of Intangible Assets (Excluding Goodwill) 152  
Other Income (Loss) - Net    
Equity Method Investment, Other than Temporary Impairment   57
Corporate    
Other Operating Charges    
Productivity, integration and restructuring initiatives 39 48
Gain (Loss) on Sale of Equity Investments 18  
Equity Income (Loss) - Net    
Net realized and unrealized gains (losses) on equity securities and trading debt securities as well as realized gains (losses) on available-for-sale debt securities (392) 149
Productivity and Reinvestment [Member]    
Other Operating Charges    
Productivity, integration and restructuring initiatives 39  
North America Territory [Member] | Bottling investments [Member]    
Other Operating Charges    
Costs incurred to refranchise of certain bottler interests   11
fairlife [Member]    
Significant Operating and Nonoperating Line Items    
Income taxes (40)  
Other Operating Charges    
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 11  
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 902  
fairlife [Member] | Corporate    
Other Operating Charges    
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 11  
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain $ 902  
Andina [Member] | Corporate    
Other Operating Charges    
Gain (Loss) on Sale of Equity Investments   39
Coca-Cola Bottlers Japan Holdings [Member] | Bottling investments [Member]    
Other Income (Loss) - Net    
Equity Method Investment, Other than Temporary Impairment   286
CHI [Member] | Corporate    
Other Income (Loss) - Net    
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss   121
North America Territory [Member] | Bottling investments [Member]    
Other Operating Charges    
Costs incurred to refranchise of certain bottler interests   $ 11