Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Details)

v3.21.1
Operating Segments (Details) - USD ($)
$ in Millions
 3 Months Ended
Apr. 02, 2021
Mar. 27, 2020
Dec. 31, 2020
Operations, Reportable Information, by Operating Segment      
Property, Plant and Equipment, Net Percentage 15.00% 14.00% 15.00%
Net operating revenues:      
Third Party $ 9,020 $ 8,601  
Intersegment 0 0  
Revenues 9,020 8,601  
Operating Income (Loss) 2,722 2,380  
Income (loss) before income taxes 2,763 3,010  
Identifiable operating assets 70,221 75,341 $ 67,211
Noncurrent investments $ 19,772 18,672 $ 20,085
Property, Plant and Equipment, Net Percentage Philippines 10.00%   10.00%
Tax litigation expense $ 9    
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees (37)    
Gain (Loss) on Extinguishment of Debt (58)    
Impairment of Intangible Assets (Excluding Goodwill) 0    
Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 147    
Productivity and Reinvestment [Member]      
Net operating revenues:      
Productivity, integration and restructuring initiatives 18 39  
Europe, Middle East & Africa      
Net operating revenues:      
Third Party 1,462 1,573  
Intersegment 161 152  
Revenues 1,623 1,725  
Operating Income (Loss) 820 960  
Income (loss) before income taxes 830 971  
Identifiable operating assets 8,335 8,172 $ 8,098
Noncurrent investments 466 498 517
Europe, Middle East & Africa | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 50    
Latin America Segment      
Net operating revenues:      
Third Party 909 930  
Intersegment 0 0  
Revenues 909 930  
Operating Income (Loss) 552 539  
Income (loss) before income taxes 555 535  
Identifiable operating assets 1,650 1,853 1,597
Noncurrent investments 595 661 603
Latin America Segment | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 11    
North America Segment      
Net operating revenues:      
Third Party 2,936 2,849  
Intersegment 1 1  
Revenues 2,937 2,850  
Operating Income (Loss) 792 387  
Income (loss) before income taxes 816 402  
Identifiable operating assets 19,792 20,600 19,444
Noncurrent investments 343 357 345
North America Segment | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 12    
North America Segment | Operating Income (Loss) [Member]      
Net operating revenues:      
Business Exit Costs 19    
Pacific      
Net operating revenues:      
Third Party 1,232 989  
Intersegment 170 139  
Revenues 1,402 1,128  
Operating Income (Loss) 686 511  
Income (loss) before income taxes 695 513  
Identifiable operating assets 2,332 2,312 2,073
Noncurrent investments 249 225 240
Pacific | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 13    
Global Ventures [Member]      
Net operating revenues:      
Third Party 570 573  
Intersegment 0 0  
Revenues 570 573  
Operating Income (Loss) 26 19  
Income (loss) before income taxes 27 18  
Identifiable operating assets 7,843 7,378 7,575
Noncurrent investments 4 11 4
Bottling investments [Member]      
Net operating revenues:      
Third Party 1,894 1,656  
Intersegment 2 2  
Revenues 1,896 1,658  
Operating Income (Loss) 141 63  
Income (loss) before income taxes 317 198  
Identifiable operating assets 10,426 10,184 10,521
Noncurrent investments 13,833 12,968 14,183
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees (5) 38  
Corporate      
Net operating revenues:      
Third Party 17 31  
Intersegment 0 0  
Revenues 17 31  
Operating Income (Loss) (295) (99)  
Income (loss) before income taxes (477) 373  
Identifiable operating assets 19,843 24,842 17,903
Noncurrent investments 4,282 3,952 4,193
Tax litigation expense 9    
Net realized and unrealized gains (losses) on equity securities and trading debt securities as well as realized gains (losses) on available-for-sale debt securities 133 (392)  
Our proportionate share of unusual or infrequent items charge/(gain) recorded by equity method investees (32)    
Gain (Loss) on Extinguishment of Debt (58)    
Gain (Loss) on Sale of Equity Investments   18  
Corporate | Productivity and Reinvestment [Member]      
Net operating revenues:      
Productivity, integration and restructuring initiatives 18 39  
Corporate | Operating Income (Loss) [Member] | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 7    
Corporate | Nonoperating Income (Expense) [Member] | Strategic Realignment      
Net operating revenues:      
Productivity, integration and restructuring initiatives 61    
Eliminations      
Net operating revenues:      
Third Party 0 0  
Intersegment (334) (294)  
Revenues (334) (294)  
Operating Income (Loss) 0 0  
Income (loss) before income taxes 0 0  
Identifiable operating assets 0 0 0
Noncurrent investments 0 0 $ 0
fairlife [Member] | Corporate      
Net operating revenues:      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability $ 4 11  
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain   902  
Odwalla [Member] | North America Segment      
Net operating revenues:      
Impairment of Intangible Assets (Excluding Goodwill)   $ 152