Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

v3.22.4
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Dec. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]  
ACCOUNTS PAYABLES AND ACCRUED EXPENSES ACCOUNTS PAYABLE AND ACCRUED EXPENSES
Accounts payable and accrued expenses consisted of the following (in millions):
December 31, 2022 2021
Accounts payable $ 5,307  $ 4,602 
Accrued marketing expenses 2,778  2,830 
Accrued compensation 1,087  1,051 
Variable consideration payable 934  1,118 
Other accrued expenses1
5,643  5,018 
Accounts payable and accrued expenses $ 15,749  $ 14,619 
1Includes cash proceeds of $823 million received in advance of refranchising our bottling operations in Vietnam in January 2023. Refer to Note 2 for additional information.