v3.26.3
OPERATING SEGMENTS - Information about Operating Segments (Details)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2026
USD ($)
Sep. 26, 2025
USD ($)
Oct. 02, 2026
USD ($)
segement
Sep. 26, 2025
USD ($)
Net operating revenues:        
Third Party $ 13,380 $ 12,455 $ 39,232 $ 36,119
Intersegment 0 0 0 0
Net Operating Revenues 13,380 12,455 39,232 36,119
Cost of goods sold 4,930 4,797 14,515 13,674
Selling, general and administrative expenses 3,975 3,618 11,167 10,322
Other operating charges 10 58 54 202
Operating income (loss) 4,465 3,982 13,496 11,921
Interest income 224 185 644 553
Interest expense 354 391 1,098 1,223
Equity income (loss) — net 653 644 1,641 1,556
Other income (loss) — net (155) (237) 236 229
Income (loss) before income taxes 4,833 4,183 14,919 13,036
Capital expenditures 379 479 1,063 1,230
Depreciation and amortization 253 268 $ 783 814
Number of Reportable Segments | segement     5  
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment        
Net operating revenues:        
Third Party 13,342 12,421 $ 39,125 36,020
Intersegment 192 253 735 808
Net Operating Revenues 13,534 12,674 39,860 36,828
Cost of goods sold 5,161 5,097 15,443 14,693
Selling, general and administrative expenses 3,510 3,324 9,986 9,189
Other operating charges 6 0 16 31
Operating income (loss) 4,857 4,253 14,415 12,915
Capital expenditures 275 359 803 948
Depreciation and amortization 244 221 743 671
Segment Reporting, Reconciling Item, Corporate Nonsegment        
Net operating revenues:        
Third Party 38 34 107 99
Intersegment 0 0 0 0
Net Operating Revenues 38 34 107 99
Cost of goods sold (39) (47) (193) (211)
Selling, general and administrative expenses 465 294 1,181 1,133
Other operating charges 4 58 38 171
Operating income (loss) (392) (271) (919) (994)
Capital expenditures 104 120 260 282
Depreciation and amortization 9 47 40 143
Consolidation, Eliminations        
Net operating revenues:        
Third Party 0 0 0 0
Intersegment (192) (253) (735) (808)
Net Operating Revenues (192) (253) (735) (808)
Cost of goods sold (192) (253) (735) (808)
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 2,982 2,818 8,876 8,307
Intersegment 122 178 480 522
Net Operating Revenues 3,104 2,996 9,356 8,829
Cost of goods sold 768 867 2,345 2,521
Selling, general and administrative expenses 1,165 1,032 3,272 2,821
Other operating charges 0 0 0 0
Operating income (loss) 1,171 1,097 3,739 3,487
Capital expenditures 50 66 150 156
Depreciation and amortization 45 40 144 139
Latin America | Operating Segments        
Net operating revenues:        
Third Party 1,958 1,572 5,475 4,636
Intersegment 0 1 0 1
Net Operating Revenues 1,958 1,573 5,475 4,637
Cost of goods sold 293 281 842 818
Selling, general and administrative expenses 513 395 1,266 1,030
Other operating charges 0 0 0 31
Operating income (loss) 1,152 897 3,367 2,758
Capital expenditures 0 0 0 1
Depreciation and amortization 9 8 26 23
North America | Operating Segments        
Net operating revenues:        
Third Party 5,384 5,249 15,680 14,636
Intersegment 2 4 7 7
Net Operating Revenues 5,386 5,253 15,687 14,643
Cost of goods sold 2,565 2,523 7,556 7,034
Selling, general and administrative expenses 1,049 1,049 3,048 2,966
Other operating charges 6 0 16 0
Operating income (loss) 1,766 1,681 5,067 4,643
Capital expenditures 135 176 397 445
Depreciation and amortization 91 83 282 245
Asia Pacific | Operating Segments        
Net operating revenues:        
Third Party 1,498 1,438 4,411 4,227
Intersegment 65 68 241 272
Net Operating Revenues 1,563 1,506 4,652 4,499
Cost of goods sold 497 471 1,484 1,337
Selling, general and administrative expenses 503 514 1,413 1,370
Other operating charges 0 0 0 0
Operating income (loss) 563 521 1,755 1,792
Capital expenditures 0 12 1 17
Depreciation and amortization 14 12 37 34
Bottling investments | Operating Segments        
Net operating revenues:        
Third Party 1,520 1,344 4,683 4,214
Intersegment 3 2 7 6
Net Operating Revenues 1,523 1,346 4,690 4,220
Cost of goods sold 1,038 955 3,216 2,983
Selling, general and administrative expenses 280 334 987 1,002
Other operating charges 0 0 0 0
Operating income (loss) 205 57 487 235
Capital expenditures 90 105 255 329
Depreciation and amortization $ 85 $ 78 $ 254 $ 230