Supplemental Disclosures of Cash Flow Information

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information

Supplemental Disclosures of Cash Flow Information

Changes in current assets and current liabilities affecting cash were as follows:

	Fiscal Year
(in thousands)	2023		2022		2021
Accounts receivable, trade	$	(23,886)	$	(59,777)	$	(46,825)
Allowance for doubtful accounts	(59)		(1,217)		(4,284)
Accounts receivable from The Coca-Cola Company	(16,150)		21,951		(8,534)
Accounts receivable, other	(12,902)		(20,753)		3,206
Inventories	25,613		(44,694)		(77,094)
Prepaid expenses and other current assets	5,682		(16,201)		(3,922)
Accounts payable, trade	17,096		23,417		84,959
Accounts payable to The Coca-Cola Company	(23,284)		17,112		38,490
Other accrued liabilities	37,017		(10,649)		21,313
Accrued compensation	20,011		16,027		23,286
Change in current assets less current liabilities	$	29,138	$	(74,784)	$	30,595

The change in other accrued liabilities includes fluctuations in accrued interest payable for all years presented.

The Company had the following net cash payments during the period for income taxes and interest:

	Fiscal Year
(in thousands)	2023		2022		2021
Income taxes	$	200,812	$	140,988	$	70,988
Interest	23,960		28,086		29,142

The Company had the following significant non-cash financing and investing activities:

	Fiscal Year
(in thousands)	2023		2022		2021
Dividends declared but not yet paid	$	154,666	$	32,808	$	—
Additions to property, plant and equipment accrued and recorded in accounts payable, trade	59,014		44,775		35,809
Right-of-use assets obtained in exchange for operating lease obligations	10,215		25,130		26,907
Reductions to leased property under financing leases	—		55,465		—