Current report filing

INCOME TAXES (Details)

v2.4.0.8
INCOME TAXES (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Taxes [Abstract]      
Income before income taxes, United States $ 3,526,000,000 $ 3,029,000,000 $ 7,188,000,000
Income before income taxes, International 8,283,000,000 8,429,000,000 7,019,000,000
INCOME BEFORE INCOME TAXES 11,809,000,000 11,458,000,000 14,207,000,000
Income tax payments 981,000,000 1,612,000,000 1,766,000,000
Income tax expense (benefit)      
Current income tax expense (benefit), United States 602,000,000 286,000,000 469,000,000
Deferred income tax expense (benefit), United States 936,000,000 898,000,000 586,000,000
Current income tax expense (benefit), State and Local 74,000,000 66,000,000 85,000,000
Deferred income tax expense (benefit), State and Local 33,000,000 27,000,000 2,000,000
Current income tax expense (benefit), International 1,415,000,000 1,425,000,000 1,212,000,000
Deferred income tax expense (benefit), International (337,000,000) 110,000,000 16,000,000
Current income tax expense (benefit), total 2,091,000,000 1,777,000,000 1,766,000,000
Deferred income tax expense (benefit), total 632,000,000 1,035,000,000 604,000,000
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Statutory U.S. federal tax rate (as a percent) 35.00% 35.00% 35.00%
State and local income taxes - net of federal benefit (as a percent) 1.10% 0.90% 0.60%
Earnings in jurisdictions taxed at rates different from the statutory U.S. federal rate (as a percent) (9.50%) (9.50%) (5.60%)
Reversal of valuation allowance (as a percent) (2.40%) 0.00% 0.00%
Equity income or loss (as a percent) (2.00%) (1.40%) (1.90%)
CCE transaction (as a percent) 0.00% 0.00% (12.50%)
Sale of Norwegian and Swedish bottling operations (as a percent) 0.00% 0.00% 0.40%
Other operating charges (as a percent) 0.40% 0.30% 0.40%
Other - net (as a percent) 0.50% (0.80%) 0.30%
Effective tax rate (as a percent) 23.10% 24.50% 16.70%
Tax expense (benefit) related to uncertain tax positions, including interest and penalties, foreign 133,000,000 (6,000,000) 265,000,000
Income Tax Expense (Benefit) Unusual or Infrequent Items Transaction Gains (Losses) 57,000,000 299,000,000  
Net Gains From Investee Transactions and Equity Investment Sales 76,000,000 641,000,000  
Proportionate share in impairment charges of equity method investee (8,000,000) 53,000,000 66,000,000
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses   0.00%  
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net   17,000,000 26,000,000
Effective Income Tax Rate Reconciliation, Other Gains 0.30% 0.70%  
Income Tax expenses (benefit) of unusual or infrequent items recorded by our equity method investees   (7,000,000) (9,000,000)
Effective tax impact of unusual or infrequent items recorded by our equity method investees (as a percent)   0.10% 0.10%
Income Tax Expense (Benefit) Unusual or Infrequent Items Productivity, Integration, Restructuring, Transaction Costs and other activities 95,000,000 224,000,000 223,000,000
Unusual or Infrequent Item Operating 447,000,000 732,000,000 819,000,000
Effective tax impact of restructuring charges, asset impairments, transacton gains and others one-time items (as a percent) 0.40% 0.30% 0.40%
Income Tax Expense (Benefit) Amortization of Favorable Supply Contracts   (8,000,000)  
Income Tax Expense (Benefit) Debt Repurchased, Extinguished and other Financial Items   (3,000,000) (114,000,000)
Other infrequent or unusual charges net   19,000,000 493,000,000
Net charge on exchange, repayment or extinguishment of long-term debt   9,000,000  
Income Tax Reconciliation, tax benefit due to impairments   (14,000,000)  
Tax expense (benefit) related to uncertain tax positions, including interest and penalties, domestic   (2,000,000) 31,000,000
Uncertain tax positions, including interest and penalties, foreign (as a percent) 1.10%   1.90%
Tax benefit (charge) associated with the reversal of valuation allowance 283,000,000    
Effective income tax rate impact related to debt extinguishment, remeasurement of subsidiary assets, other than temporary charges and donation (as a percent)     0.50%
Effective income tax rate uncertain tax positions, including interest and penalties, domestic (as a percent)     0.20%
Income Tax Expense (Benefit) Related to PreExisting Relationship     (99,000,000)
Gross balance of unrecognized tax benefit      
Beginning balance of unrecognized tax benefits 320,000,000 387,000,000 354,000,000
Increases related to prior period tax positions 69,000,000 9,000,000 26,000,000
Decreases related to prior period tax positions (15,000,000) (19,000,000) (10,000,000)
Increases related to current period tax positions 23,000,000 6,000,000 33,000,000
Decreases related to current period tax positions 0 (1,000,000) 0
Decreases related to settlements with taxing authorities (45,000,000) (5,000,000) 0
Reductions as a result of a lapse of the applicable statute of limitations (36,000,000) (46,000,000) (1,000,000)
Increase related to acquisition of CCE's former North American business 0 0 6,000,000
Increases (decreases) from effects of foreign currency exchange rates (14,000,000) (11,000,000) (21,000,000)
Ending balance of unrecognized tax benefits 302,000,000 320,000,000 387,000,000
Alternative jurisdictional tax benefits if tax positions do not prevail 115,000,000    
Impact of unrecognized tax benefits on effective tax rate if Company were to prevail on all uncertain tax positions 187,000,000    
Unrecognized tax benefits, interest and penalties accrued 113,000,000 110,000,000 112,000,000
Unrecognized tax expense (benefits), interest and penalties expense 33,000,000 (2,000,000) 17,000,000
Undistributed earnings of foreign subsidiaries 26,900,000,000    
Disposal of Norwegian and Swedish Bottling Operations [Member]
     
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Income Tax Expense (Benefit) Unusual or Infrequent Items Transaction Gains (Losses)     261,000,000
Income Tax Expense (Benefit) Finalization of Working Capital Adjustments   (2,000,000)  
Disposal of certain investments (as a percent)     0.40%
Coca Cola Enterprises Inc [Member]
     
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Gain related to remeasurement of our equity investment in CCE to fair value     4,978,000,000
Tax benefit related to remeasurement of equity investment to fair value upon acquisition of business     (34,000,000)
Effective Income tax rate reconciliation reversal of deferred tax liabilities     (12.50%)
Corporate
     
Income Taxes [Abstract]      
INCOME BEFORE INCOME TAXES (1,240,000,000) (975,000,000) 2,984,000,000
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Net Gains From Investee Transactions and Equity Investment Sales   122,000,000  
Unusual or Infrequent Item Operating 38,000,000 164,000,000 485,000,000
Equity Method Investments Impairment   41,000,000  
Corporate | Disposal of Norwegian and Swedish Bottling Operations [Member]
     
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal   (5,000,000) 597,000,000
Corporate | Coca Cola Enterprises Inc [Member]
     
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Gain related to remeasurement of our equity investment in CCE to fair value     4,978,000,000
Charge related to preexisting relationship     265,000,000
Productivity and Reinvestment [Member]
     
Reconciliation of the statutory U.S. federal tax rate and effective tax rates      
Unusual or Infrequent Item Operating $ 416,000,000