v3.26.1
OPERATING SEGMENTS - Information about Operating Segments (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jul. 03, 2026
USD ($)
Jun. 27, 2025
USD ($)
Jul. 03, 2026
USD ($)
segement
Jun. 27, 2025
USD ($)
Net operating revenues:        
Third Party $ 13,380 $ 12,535 $ 25,852 $ 23,664
Intersegment 0 0 0 0
Net Operating Revenues 13,380 12,535 25,852 23,664
Cost of goods sold 4,965 4,714 9,585 8,877
Selling, general and administrative expenses 3,720 3,470 7,192 6,704
Other operating charges 23 71 44 144
Operating income (loss) 4,672 4,280 9,031 7,939
Interest income 198 188 420 368
Interest expense 369 445 744 832
Equity income (loss) — net 604 561 988 912
Other income (loss) — net 370 212 391 466
Income (loss) before income taxes 5,475 4,796 10,086 8,853
Capital expenditures 418 442 684 751
Depreciation and amortization 266 279 $ 530 546
Number of Reportable Segments | segement     5  
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment        
Net operating revenues:        
Third Party 13,343 12,496 $ 25,783 23,599
Intersegment 252 279 543 555
Net Operating Revenues 13,595 12,775 26,326 24,154
Cost of goods sold 5,279 5,057 10,282 9,596
Selling, general and administrative expenses 3,382 3,078 6,476 5,865
Other operating charges 6 31 10 31
Operating income (loss) 4,928 4,609 9,558 8,662
Capital expenditures 317 327 528 589
Depreciation and amortization 250 230 499 450
Segment Reporting, Reconciling Item, Corporate Nonsegment        
Net operating revenues:        
Third Party 37 39 69 65
Intersegment 0 0 0 0
Net Operating Revenues 37 39 69 65
Cost of goods sold (62) (64) (154) (164)
Selling, general and administrative expenses 338 392 716 839
Other operating charges 17 40 34 113
Operating income (loss) (256) (329) (527) (723)
Capital expenditures 101 115 156 162
Depreciation and amortization 16 49 31 96
Consolidation, Eliminations        
Net operating revenues:        
Third Party 0 0 0 0
Intersegment (252) (279) (543) (555)
Net Operating Revenues (252) (279) (543) (555)
Cost of goods sold (252) (279) (543) (555)
Selling, general and administrative expenses 0 0 0 0
Other operating charges 0 0 0 0
Operating income (loss) 0 0 0 0
Capital expenditures 0 0 0 0
Depreciation and amortization 0 0 0 0
EMEA | Operating Segments        
Net operating revenues:        
Third Party 3,087 3,008 5,894 5,489
Intersegment 153 168 358 344
Net Operating Revenues 3,240 3,176 6,252 5,833
Cost of goods sold 808 895 1,577 1,654
Selling, general and administrative expenses 1,123 956 2,107 1,789
Other operating charges 0 0 0 0
Operating income (loss) 1,309 1,325 2,568 2,390
Capital expenditures 47 49 100 90
Depreciation and amortization 51 55 99 99
Latin America | Operating Segments        
Net operating revenues:        
Third Party 1,839 1,587 3,517 3,064
Intersegment 0 0 0 0
Net Operating Revenues 1,839 1,587 3,517 3,064
Cost of goods sold 275 263 549 537
Selling, general and administrative expenses 387 336 753 635
Other operating charges 0 31 0 31
Operating income (loss) 1,177 957 2,215 1,861
Capital expenditures 0 1 0 1
Depreciation and amortization 9 8 17 15
North America | Operating Segments        
Net operating revenues:        
Third Party 5,405 5,028 10,296 9,387
Intersegment 3 1 5 3
Net Operating Revenues 5,408 5,029 10,301 9,390
Cost of goods sold 2,659 2,405 4,991 4,511
Selling, general and administrative expenses 1,048 1,003 1,999 1,917
Other operating charges 6 0 10 0
Operating income (loss) 1,695 1,621 3,301 2,962
Capital expenditures 179 154 262 269
Depreciation and amortization 92 81 191 162
Asia Pacific | Operating Segments        
Net operating revenues:        
Third Party 1,487 1,464 2,913 2,789
Intersegment 94 108 176 204
Net Operating Revenues 1,581 1,572 3,089 2,993
Cost of goods sold 470 476 987 866
Selling, general and administrative expenses 455 449 910 856
Other operating charges 0 0 0 0
Operating income (loss) 656 647 1,192 1,271
Capital expenditures 0 4 1 5
Depreciation and amortization 12 10 23 22
Bottling investments | Operating Segments        
Net operating revenues:        
Third Party 1,525 1,409 3,163 2,870
Intersegment 2 2 4 4
Net Operating Revenues 1,527 1,411 3,167 2,874
Cost of goods sold 1,067 1,018 2,178 2,028
Selling, general and administrative expenses 369 334 707 668
Other operating charges 0 0 0 0
Operating income (loss) 91 59 282 178
Capital expenditures 91 119 165 224
Depreciation and amortization $ 86 $ 76 $ 169 $ 152