XML 53 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segments (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Summary of Financial Information by Segment
The Company’s segment results are as follows:

 Fiscal Year
(in thousands)202320222021
Net sales:
Nonalcoholic Beverages$6,562,622 $6,081,357 $5,432,669 
All Other370,748 399,359 366,855 
Eliminations(1)
(279,512)(279,759)(236,810)
Consolidated net sales$6,653,858 $6,200,957 $5,562,714 

(1)The entire net sales elimination represents net sales from the All Other segment to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction.
 Fiscal Year
(in thousands)202320222021
Income from operations:
Nonalcoholic Beverages$841,491 $639,136 $456,713 
All Other(7,040)1,911 (17,542)
Consolidated income from operations$834,451 $641,047 $439,171 
Depreciation and amortization:
Nonalcoholic Beverages$164,485 $159,845 $168,206 
All Other12,481 11,745 12,359 
Consolidated depreciation and amortization$176,966 $171,590 $180,565