Annual report pursuant to Section 13 and 15(d)

DEBT AND BORROWING ARRANGEMENTS - Components of Long-Term Debt (Details)

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DEBT AND BORROWING ARRANGEMENTS - Components of Long-Term Debt (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Long-term debt    
Long-term Debt $ 37,507 $ 36,776
Fair Value Adjustments $ (972) $ (1,469)
Average Rate 3.40% 2.30%
Current maturities of long-term debt $ 1,960 $ 399
Long-term debt 35,547 36,377
Long-term Debt, Fair Value 33,445 32,698
U.S. dollar notes due 2024-2093    
Long-term debt    
Long-term Debt $ 21,982 $ 21,966
Average Rate 3.20% 2.50%
U.S. dollar debentures due 2023-2098    
Long-term debt    
Long-term Debt $ 788 $ 891
Average Rate 4.80% 4.70%
Australian dollar notes due 2024    
Long-term debt    
Long-term Debt $ 374 $ 374
Average Rate 2.70% 2.70%
Euro notes due 2024-2041    
Long-term debt    
Long-term Debt $ 12,888 $ 12,485
Average Rate 2.70% 0.70%
Swiss franc notes due 2028    
Long-term debt    
Long-term Debt $ 684 $ 623
Average Rate 6.00% 3.20%
Other, due through 2098    
Long-term debt    
Long-term Debt $ 1,763 $ 1,906
Average Rate 8.10% 6.70%
Other, due through 2098 | Bottling operations in Africa    
Long-term debt    
Long-term Debt $ 1,211 $ 1,368