Annual report pursuant to Section 13 and 15(d)

GOODWILL

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GOODWILL
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
The following table provides information related to the carrying value of our goodwill by operating segment (in millions):
Europe, Middle East & Africa Latin
America		 North
America		 Asia Pacific Global Ventures Bottling
Investments		 Total
2023            
Balance at beginning of year $ 1,197  $ 203  $ 10,677  $ 412  $ 2,708  $ 3,585  $ 18,782 
Effect of foreign currency translation (44) 6  —  (11) 120  (264) (193)
Divestitures1
—  —  —  —  —  (231) (231)
Balance at end of year $ 1,153  $ 209  $ 10,677  $ 401  $ 2,828  $ 3,090  $ 18,358 
2024            
Balance at beginning of year $ 1,153  $ 209  $ 10,677  $ 401  $ 2,828  $ 3,090  $ 18,358 
Effect of foreign currency translation (66) (11) —  (10) (41) (84) (212)
Impairment charges —  —  —  —  —  (6) (6)
Divestitures
 —  —  —  —  —  (1) (1)
Balance at end of year $ 1,087  $ 198  $ 10,677  $ 391  $ 2,787  $ 2,999  $ 18,139 
1 The decrease in the Bottling Investments segment was a result of the Company’s bottling operations in the Philippines being classified as held for sale. Refer to Note 2.