XML 47 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Operating Segments (Tables)
 3 Months Ended 6 Months Ended
Jul. 02, 2021
Jul. 02, 2021
Segment Reporting Information [Line Items]    
Schedule of Segment Reporting Information, by Segment [Table Text Block]
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		CorporateEliminationsConsolidated
As of and for the Three Months Ended July 2, 2021        
Net operating revenues:        
Third party$1,874 $1,067 $3,379 $1,350 $707 $1,735 $17 $— $10,129 
Intersegment143 — 2 153 — 3 — (301)— 
Total net operating revenues2,017 1,067 3,381 1,503 707 1,738 17 (301)10,129 
Operating income (loss)1,142 678 950 766 75 92 (687)— 3,016 
Income (loss) before income taxes1,169 681 959 779 78 422 (470)— 3,618 
Identifiable operating assets8,574 
2
1,748 19,646 2,252 
3
7,854 10,375 
2,3
20,329 — 70,778 
Investments1
478 630 346 231 3 13,382 4,346 — 19,416 
As of and for the Three Months Ended June 26, 2020        
Net operating revenues:        
Third party$1,135 $755 $2,647 $1,068 $295 $1,262 $(12)$— $7,150 
Intersegment75 — 1 115 — 1 — (192)— 
Total net operating revenues1,210 755 2,648 1,183 295 1,263 (12)(192)7,150 
Operating income (loss)715 504 489 652 (102)12 (289)— 1,981 
Income (loss) before income taxes736 444 483 661 (103)166 (190)— 2,197 
Identifiable operating assets8,065 
2
1,643 20,320 2,131 
3
6,983 9,817 
2,3
26,795 — 75,754 
Investments1
534 573 356 226 5 13,199 4,042 — 18,935 
As of December 31, 2020        
Identifiable operating assets$8,098 
2
$1,597 $19,444 $2,073 
3
$7,575 $10,521 
2,3
$17,903 $— $67,211 
Investments1
517 603 345 240 4 14,183 4,193 — 20,085 
1 Principally equity method investments and other investments in bottling companies.
2 Property, plant and equipment — net in South Africa represented 16 percent, 14 percent and 15 percent of consolidated property, plant and equipment — net as of July 2, 2021, June 26, 2020 and December 31, 2020, respectively.
3 Property, plant and equipment — net in the Philippines represented 10 percent of consolidated property, plant and equipment — net as of July 2, 2021, June 26, 2020 and December 31, 2020.
Europe, Middle East & Africa Latin
America 		North
America		Asia Pacific Global Ventures Bottling
Investments		CorporateEliminationsConsolidated
Six Months Ended July 2, 2021        
Net operating revenues:        
Third party$3,336 $1,976 $6,315 $2,582 $1,277 $3,629 $34 $— $19,149 
Intersegment304 — 3 323 — 5 — (635)— 
Total net operating revenues3,640 1,976 6,318 2,905 1,277 3,634 34 (635)19,149 
Operating income (loss)1,962 1,230 1,742 1,452 101 233 (982)— 5,738 
Income (loss) before income taxes1,999 1,236 1,775 1,474 105 739 (947)— 6,381 
Six Months Ended June 26, 2020        
Net operating revenues:        
Third party$2,708 $1,685 $5,496 $2,057 $868 $2,918 $19 $— $15,751 
Intersegment227 — 2 254 — 3 — (486)— 
Total net operating revenues2,935 1,685 5,498 2,311 868 2,921 19 (486)15,751 
Operating income (loss)1,675 1,043 876 1,163 (83)75 (388)— 4,361 
Income (loss) before income taxes1,707 979 885 1,174 (85)364 183 — 5,207