Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENTS - Information about Operating Segments (Details)

v3.24.1.u1
OPERATING SEGMENTS - Information about Operating Segments (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Dec. 31, 2023
Net operating revenues:      
Third Party $ 11,300 $ 10,980  
Intersegment 0 0  
Net Operating Revenues 11,300 10,980  
Operating Income (Loss) 2,141 3,367  
Income (loss) before income taxes 3,872 4,053  
Identifiable operating assets 79,750 78,323 $ 77,914
Noncurrent investments $ 19,642 $ 19,081 $ 19,789
INDIA      
Net operating revenues:      
Property, Plant and Equipment, Net Percentage India 13.00%   12.00%
PHILIPPINES      
Net operating revenues:      
Property, Plant and Equipment, Net Percentage Philippines   10.00%  
Europe, Middle East & Africa      
Net operating revenues:      
Third Party $ 1,776 $ 1,831  
Intersegment 197 193  
Net Operating Revenues 1,973 2,024  
Operating Income (Loss) 1,080 1,135  
Income (loss) before income taxes 1,089 1,142  
Identifiable operating assets 7,244 7,682 $ 7,117
Noncurrent investments 386 401 389
Latin America      
Net operating revenues:      
Third Party 1,527 1,386  
Intersegment 0 0  
Net Operating Revenues 1,527 1,386  
Operating Income (Loss) 942 853  
Income (loss) before income taxes 947 855  
Identifiable operating assets 3,301 2,315 3,149
Noncurrent investments 725 681 712
North America      
Net operating revenues:      
Third Party 4,172 3,902  
Intersegment 2 2  
Net Operating Revenues 4,174 3,904  
Operating Income (Loss) 445 1,033  
Income (loss) before income taxes 455 1,041  
Identifiable operating assets 26,002 26,692 25,808
Noncurrent investments 15 15 15
Asia Pacific      
Net operating revenues:      
Third Party 1,253 1,185  
Intersegment 216 186  
Net Operating Revenues 1,469 1,371  
Operating Income (Loss) 654 563  
Income (loss) before income taxes 658 423  
Identifiable operating assets 2,568 2,668 2,428
Noncurrent investments 70 77 71
Global Ventures      
Net operating revenues:      
Third Party 730 707  
Intersegment 0 0  
Net Operating Revenues 730 707  
Operating Income (Loss) 55 51  
Income (loss) before income taxes 56 57  
Identifiable operating assets 7,534 7,388 7,607
Noncurrent investments 0 0 0
Bottling investments      
Net operating revenues:      
Third Party 1,815 1,944  
Intersegment 2 2  
Net Operating Revenues 1,817 1,946  
Operating Income (Loss) 156 139  
Income (loss) before income taxes 424 504  
Identifiable operating assets 7,788 9,653 9,871
Noncurrent investments 13,349 13,200 13,639
Corporate      
Net operating revenues:      
Third Party 27 25  
Intersegment 0 0  
Net Operating Revenues 27 25  
Operating Income (Loss) (1,191) (407)  
Income (loss) before income taxes 243 31  
Identifiable operating assets 25,313 21,925 21,934
Noncurrent investments 5,097 4,707 4,963
Eliminations      
Net operating revenues:      
Third Party 0 0  
Intersegment (417) (383)  
Net Operating Revenues (417) (383)  
Operating Income (Loss) 0 0  
Income (loss) before income taxes 0 0  
Identifiable operating assets 0 0 0
Noncurrent investments $ 0 $ 0 $ 0