v3.26.3
Segments - Schedules of Results (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Results - Income from operations        
Net sales $ 7,344 $ 4,306 $ 18,629 $ 12,104
Cost of sales 3,819 1,966 9,940 5,524
Selling, general, and administrative expenses 2,137 1,344 5,876 3,892
Income from operations 1,333 995 2,717 2,694
Interest Income (Expense), Nonoperating 474 188 1,091 516
Equity Method Investment, Realized Gain (Loss) on Disposal (400) 0 (400) 0
Other Nonoperating Income (Expense) 47 (45) 152 (52)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,212 852 1,874 2,230
U.S. Refreshment Beverages        
Segment Results - Income from operations        
Net sales 3,033 2,735 8,557 7,718
U.S. Coffee        
Segment Results - Income from operations        
Net sales 1,018 991 2,793 2,816
KDP International        
Segment Results - Income from operations        
Net sales 644 580 1,828 1,570
JDE Peet's        
Segment Results - Income from operations        
Net sales [1] 2,649 0 5,451 0
Operating Segments        
Segment Results - Income from operations        
Net sales 7,344 4,306 18,629 12,104
Income from operations 1,586 1,192 3,648 3,260
Operating Segments | U.S. Refreshment Beverages        
Segment Results - Income from operations        
Net sales 3,033 2,735 8,557 7,718
Cost of sales 1,272 1,120 3,563 3,156
Selling, general, and administrative expenses 890 813 2,545 2,361
Other segment expense (income) 51 0 51 (1)
Income from operations 820 802 2,398 2,202
Operating Segments | U.S. Coffee        
Segment Results - Income from operations        
Net sales 1,018 991 2,793 2,816
Cost of sales 531 586 1,634 1,660
Selling, general, and administrative expenses 159 166 476 480
Other segment expense (income) 9 2 55 4
Income from operations 319 237 628 672
Operating Segments | KDP International        
Segment Results - Income from operations        
Net sales 644 580 1,828 1,570
Cost of sales 322 287 954 775
Selling, general, and administrative expenses 164 140 479 411
Other segment expense (income) 0 0 0 (2)
Income from operations 158 153 395 386
Operating Segments | JDE Peet's        
Segment Results - Income from operations        
Net sales 2,649 [2] 0 [2] 5,451 [3] 0 [3]
Cost of sales 1,694 [2] 0 [2] 3,778 [3] 0 [3]
Selling, general, and administrative expenses 671 [2] 0 [2] 1,456 [3] 0 [3]
Other segment expense (income) (5) [2] 0 [2] (10) [3] 0 [3]
Income from operations 289 [2] 0 [2] 227 [3] 0 [3]
Corporate Unallocated        
Segment Results - Income from operations        
Income from operations $ (253) $ (197) $ (931) $ (566)
[1] The JDE Peet's segment was acquired on April 1, 2026. As such, amounts presented above only include activity subsequent to the date of acquisition. For selected pro forma information, refer to Note 2
[2] The JDE Peet's segment was acquired on April 1, 2026. As such, amounts presented above only include activity subsequent to the date of acquisition. For selected pro forma information, refer to Note 2.
[3] The JDE Peet's segment was acquired on April 1, 2026. As such, amounts presented above only include activity subsequent to the date of acquisition. For selected pro forma information, refer to Note 2.