Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

v3.22.4
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)
 12 Months Ended
Dec. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]  
Schedule of 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.