v3.26.1
OPERATING SEGMENTS - Information about Operating Segments (Details)
$ in Millions
3 Months Ended
Apr. 03, 2026
USD ($)
segement
Mar. 28, 2025
USD ($)
Net operating revenues:    
Third Party $ 12,472 $ 11,129
Intersegment 0 0
Net Operating Revenues 12,472 11,129
Cost of goods sold 4,620 4,163
Selling, general and administrative expenses 3,472 3,234
Other operating charges 21 73
Operating income (loss) 4,359 3,659
Interest income 222 180
Interest expense 375 387
Equity income (loss) — net 384 351
Other income (loss) — net 21 254
Income (loss) before income taxes 4,611 4,057
Capital expenditures 266 309
Depreciation and amortization $ 264 267
Number of Reportable Segments | segement 5  
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment    
Net operating revenues:    
Third Party $ 12,440 11,103
Intersegment 291 276
Net Operating Revenues 12,731 11,379
Cost of goods sold 5,003 4,539
Selling, general and administrative expenses 3,094 2,787
Other operating charges 4 0
Operating income (loss) 4,630 4,053
Capital expenditures 211 262
Depreciation and amortization 249 220
Segment Reporting, Reconciling Item, Corporate Nonsegment    
Net operating revenues:    
Third Party 32 26
Intersegment 0 0
Net Operating Revenues 32 26
Cost of goods sold (92) (100)
Selling, general and administrative expenses 378 447
Other operating charges 17 73
Operating income (loss) (271) (394)
Capital expenditures 55 47
Depreciation and amortization 15 47
Consolidation, Eliminations    
Net operating revenues:    
Third Party 0 0
Intersegment (291) (276)
Net Operating Revenues (291) (276)
Cost of goods sold (291) (276)
Selling, general and administrative expenses 0 0
Other operating charges 0 0
Operating income (loss) 0 0
Capital expenditures 0 0
Depreciation and amortization 0 0
EMEA | Operating Segments    
Net operating revenues:    
Third Party 2,807 2,481
Intersegment 205 176
Net Operating Revenues 3,012 2,657
Cost of goods sold 769 759
Selling, general and administrative expenses 984 833
Other operating charges 0 0
Operating income (loss) 1,259 1,065
Capital expenditures 53 41
Depreciation and amortization 48 44
Latin America | Operating Segments    
Net operating revenues:    
Third Party 1,678 1,477
Intersegment 0 0
Net Operating Revenues 1,678 1,477
Cost of goods sold 274 274
Selling, general and administrative expenses 366 299
Other operating charges 0 0
Operating income (loss) 1,038 904
Capital expenditures 0 0
Depreciation and amortization 8 7
North America    
Net operating revenues:    
Other operating charges 4  
North America | Operating Segments    
Net operating revenues:    
Third Party 4,891 4,359
Intersegment 2 2
Net Operating Revenues 4,893 4,361
Cost of goods sold 2,332 2,106
Selling, general and administrative expenses 951 914
Other operating charges 4 0
Operating income (loss) 1,606 1,341
Capital expenditures 83 115
Depreciation and amortization 99 81
A. Pacific | Operating Segments    
Net operating revenues:    
Third Party 1,426 1,325
Intersegment 82 96
Net Operating Revenues 1,508 1,421
Cost of goods sold 517 390
Selling, general and administrative expenses 455 407
Other operating charges 0 0
Operating income (loss) 536 624
Capital expenditures 1 1
Depreciation and amortization 11 12
Bottling investments | Operating Segments    
Net operating revenues:    
Third Party 1,638 1,461
Intersegment 2 2
Net Operating Revenues 1,640 1,463
Cost of goods sold 1,111 1,010
Selling, general and administrative expenses 338 334
Other operating charges 0 0
Operating income (loss) 191 119
Capital expenditures 74 105
Depreciation and amortization $ 83 $ 76