Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Details)

v3.20.1
Operating Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Dec. 31, 2019
Operations, Reportable Information, by Operating Segment      
Property, Plant and Equipment, Net Percentage 14.00% 14.00% 16.00%
Net operating revenues:      
Third Party $ 8,601 $ 8,694  
Intersegment 0 0  
Revenues 8,601 8,694  
Operating Income (Loss) 2,380 2,435  
Income (loss) before income taxes 3,010 2,225  
Identifiable operating assets 75,341 68,143 $ 66,502
Noncurrent investments 18,672 20,204 19,879
Productivity, integration and restructuring initiatives 39 68  
Gain (Loss) on Sale of Equity Investments 18    
Impairment of Intangible Assets (Excluding Goodwill)   0  
Other operating charges 202 127  
Tax litigation expense   2  
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  
Equity Method Investment, Other than Temporary Impairment 0 343  
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss 0    
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees 38 42  
EMEA [Member]      
Net operating revenues:      
Third Party 1,573 1,634  
Intersegment 152 138  
Revenues 1,725 1,772  
Operating Income (Loss) 960 978  
Income (loss) before income taxes 971 988  
Identifiable operating assets 8,172 8,379 8,143
Noncurrent investments 498 719 543
Productivity, integration and restructuring initiatives   1  
Latin America [Member]      
Net operating revenues:      
Third Party 930 896  
Intersegment 0 0  
Revenues 930 896  
Operating Income (Loss) 539 496  
Income (loss) before income taxes 535 491  
Identifiable operating assets 1,853 1,838 1,801
Noncurrent investments 661 786 716
North America [Member]      
Net operating revenues:      
Third Party 2,849 2,681  
Intersegment 1 2  
Revenues 2,850 2,683  
Operating Income (Loss) 387 586  
Income (loss) before income taxes 402 537  
Identifiable operating assets 20,600 18,316 17,687
Noncurrent investments 357 343 358
Productivity, integration and restructuring initiatives   17  
Impairment of Intangible Assets (Excluding Goodwill) 152    
Equity Method Investment, Other than Temporary Impairment   57  
Asia Pacific [Member]      
Net operating revenues:      
Third Party 989 1,060  
Intersegment 139 127  
Revenues 1,128 1,187  
Operating Income (Loss) 511 542  
Income (loss) before income taxes 513 550  
Identifiable operating assets 2,312 2,088 2,060
Noncurrent investments 225 223 224
Global Ventures [Member]      
Net operating revenues:      
Third Party 573 583  
Intersegment 0 2  
Revenues 573 585  
Operating Income (Loss) 19 66  
Income (loss) before income taxes 18 68  
Identifiable operating assets 7,378 7,350 7,265
Noncurrent investments 11 0 14
Bottling investments [Member]      
Net operating revenues:      
Third Party 1,656 1,808  
Intersegment 2 2  
Revenues 1,658 1,810  
Operating Income (Loss) 63 100  
Income (loss) before income taxes 198 (100)  
Identifiable operating assets 10,184 10,867 11,170
Noncurrent investments 12,968 14,360 14,093
Productivity, integration and restructuring initiatives   2  
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees 38 42  
Corporate      
Net operating revenues:      
Third Party 31 32  
Intersegment 0 0  
Revenues 31 32  
Operating Income (Loss) (99) (333)  
Income (loss) before income taxes 373 (309)  
Identifiable operating assets 24,842 19,305 18,376
Noncurrent investments 3,952 3,773 3,931
Productivity, integration and restructuring initiatives 39 48  
Gain (Loss) on Sale of Equity Investments 18    
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  
Intersegment Eliminations [Member]      
Net operating revenues:      
Third Party 0 0  
Intersegment (294) (271)  
Revenues (294) (271)  
Operating Income (Loss) 0 0  
Income (loss) before income taxes 0 0  
Identifiable operating assets 0 0 0
Noncurrent investments 0 0 0
North America Territory [Member] | Bottling investments [Member]      
Net operating revenues:      
Costs incurred to refranchise of certain bottler interests   11  
fairlife [Member]      
Net operating revenues:      
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      
Net operating revenues:      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 11    
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain $ 902    
Coca-Cola Bottlers Japan Holdings [Member] | Bottling investments [Member]      
Net operating revenues:      
Equity Method Investment, Other than Temporary Impairment   286  
Costa [Member]      
Net operating revenues:      
Other operating charges   46  
Costa [Member] | EMEA [Member]      
Net operating revenues:      
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss     $ 108
Costa [Member] | Corporate      
Net operating revenues:      
Other operating charges   46  
CHI [Member] | Corporate      
Net operating revenues:      
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss   121  
Andina [Member] | Corporate      
Net operating revenues:      
Gain (Loss) on Sale of Equity Investments   39  
North America Territory [Member] | Bottling investments [Member]      
Net operating revenues:      
Costs incurred to refranchise of certain bottler interests   $ 11