Annual report pursuant to Section 13 and 15(d)

EQUITY METHOD INVESTMENTS (Details)

v3.20.4
EQUITY METHOD INVESTMENTS (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 23,129    
Equity Method Investments of Publicly Traded Shares 12,604    
Investment in equity method investees in excess of the proportionate share of net assets 8,762    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value 10,525    
Revenues 33,014 $ 37,266 $ 34,300
Cost of Goods and Services Sold 13,433 14,619 13,067
Gross Profit 19,581 22,647 21,233
Operating Income (Loss) 8,997 10,086 9,152
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 7,768 8,985 6,476
Net Income (Loss) Attributable to Noncontrolling Interest 21 65 42
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 7,747 8,920 6,434
Equity income (loss) - net 978 1,049 1,008
Assets, Current 19,240 20,411  
TOTAL ASSETS 87,296 86,381  
Liabilities, Current 14,601 26,973  
TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 19,299 18,981  
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,985 2,117  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 21,284 21,098  
Equity Method Investments 19,273 19,025  
Equity Method Investment, Nonconsolidated Investee, Other      
Summary of significant transactions with equity method investees      
Revenues 69,384 75,980 75,482
Cost of Goods and Services Sold 41,139 44,881 44,933
Gross Profit 28,245 31,099 30,549
Operating Income (Loss) 7,056 7,748 7,511
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 4,176 4,597 4,646
Net Income (Loss) Attributable to Noncontrolling Interest 54 63 101
Assets, Current 29,431 25,654  
Assets, Noncurrent 67,900 68,269  
TOTAL ASSETS 97,331 93,923  
Liabilities, Current 20,033 20,271  
Liabilities, Noncurrent 33,613 31,321  
Liabilities, Total 53,646 51,592  
TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 42,622 41,203  
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,063 1,128  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 43,685 42,331  
Equity Method Investments 19,273 19,025  
Other Equity Method Investments      
Summary of significant transactions with equity method investees      
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 4,122 4,534 4,545
Other Equity Method Investments      
Summary of significant transactions with equity method investees      
Concentrate, syrup and finished product sales 13,041 14,832 14,799
Purchases of finished product 452 426 536
Marketing payments made by us 547 $ 897 $ 1,131
Monster Beverage Corporation [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 9,444    
Ownership interest in Equity investee (as a percent) 19.00%    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value $ 5,424    
Equity Method Investments 4,020    
CCEP [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 4,383    
Ownership interest in Equity investee (as a percent) 19.00%    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value $ 424    
Equity Method Investments 3,959    
Coca-Cola FEMSA      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 2,657    
Ownership interest in Equity investee (as a percent) 28.00%    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value $ 1,025    
Equity Method Investments 1,632    
Coca-Cola Hellenic      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 2,657    
Ownership interest in Equity investee (as a percent) 23.00%    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value $ 1,375    
Equity Method Investments 1,282    
Coca-Cola Amatil [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value 2,222    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value 1,515    
Equity Method Investments 707    
Coca-Cola Bottlers Japan [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value $ 661    
Ownership interest in Equity investee (as a percent) 19.00%    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value $ 492    
Equity Method Investments 169    
Coca-Cola Consolidated [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value 522    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value 0    
Equity Method Investments 522    
Coca-Cola Icecek [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value 440    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value 243    
Equity Method Investments 197    
Andina [Member]      
Equity method investments, disclosures      
Equity Method Investment, Quoted Market Value 143    
Summary of significant transactions with equity method investees      
Difference between quoted market value and carrying value 27    
Equity Method Investments $ 116    
AC Bebidas [Member]      
Equity method investments, disclosures      
Ownership interest in Equity investee (as a percent) 20.00%