Quarterly report pursuant to Section 13 or 15(d)

OPERATING SEGMENTS (Tables)

v3.24.3
OPERATING SEGMENTS (Tables)
3 Months Ended
Sep. 27, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information about our Company’s operations by operating segment and Corporate is as follows (in millions):
Europe, Middle East & Africa Latin
America
North
America
Asia Pacific Global Ventures Bottling
Investments
Corporate Eliminations Consolidated
As of and for the Three Months Ended September 27, 2024                
Net operating revenues:                
Third party $ 1,847  $ 1,639  $ 4,983  $ 1,272  $ 781  $ 1,314  $ 18  $   $ 11,854 
Intersegment 172    1  77    2    (252)  
Total net operating revenues 2,019  1,639  4,984  1,349  781  1,316  18  (252) 11,854 
Operating income (loss) 977  933  1,405  459  77  43  (1,384)   2,510 
Income (loss) before income taxes 995  933  1,415  462  78  502  (1,005)   3,380 
Identifiable operating assets 7,378  2,535  25,601  2,664 
2
7,994  8,341 
2
32,716    87,229 
Investments1
398  687  15  57    12,688  5,192    19,037 
As of and for the Three Months Ended September 29, 2023                
Net operating revenues:                
Third party $ 2,009  $ 1,574  $ 4,461  $ 1,235  $ 779  $ 1,855  $ 40  $ —  $ 11,953 
Intersegment 167  —  167  —  —  (340) — 
Total net operating revenues 2,176  1,574  4,463  1,402  779  1,859  40  (340) 11,953 
Operating income (loss) 1,136  985  1,276  491  81  132  (831) —  3,270 
Income (loss) before income taxes 1,154  988  1,295  491  84  571  (1,046) —  3,537 
Identifiable operating assets 7,142  3,124  25,591  2,324 
2
7,349  9,342 
2
23,346  —  78,218 
Investments1
372  709  15  71  —  13,310  4,883  —  19,360 
As of December 31, 2023                
Identifiable operating assets $ 7,117  $ 3,149  $ 25,808  $ 2,428 
2
$ 7,607  $ 9,871 
2
$ 21,934  $ —  $ 77,914 
Investments1
389  712  15  71  —  13,639  4,963  —  19,789 
1Principally equity method investments and other investments in bottling companies.
2Property, plant and equipment — net in India represented 14%, 12% and 12% of consolidated property, plant and equipment — net as of September 27, 2024, September 29, 2023 and December 31, 2023, respectively.