10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 29, 2013

Commission File Number 0-9286

COCA-COLA BOTTLING CO. CONSOLIDATED

(Exact name of registrant as specified in its charter)

Delaware	56-0950585
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

4100 Coca-Cola Plaza, Charlotte, North Carolina 28211

(Address of principal executive offices) (Zip Code)

(704) 557-4400

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	¨	Accelerated filer	x
Non-accelerated filer	¨  (Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

Class	Outstanding at October 31, 2013
Common Stock, $1.00 Par Value	7,141,447
Class B Common Stock, $1.00 Par Value	2,108,962

COCA-COLA BOTTLING CO. CONSOLIDATED

QUARTERLY REPORT ON FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 29, 2013

INDEX

		Page
PART I – FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)
	Consolidated Statements of Operations		2
	Consolidated Statements of Comprehensive Income		3
	Consolidated Balance Sheets		4
	Consolidated Statements of Changes in Equity		6
	Consolidated Statements of Cash Flows		7
	Notes to Consolidated Financial Statements		8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		37
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		62
Item 4.	Controls and Procedures		63
PART II – OTHER INFORMATION
Item 1A.	Risk Factors		64
Item 6.	Exhibits		64
	Signatures		65

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

In Thousands (Except Per Share Data)

	Third Quarter				First Nine Months
	2013		2012		2013		2012
Net sales	$	434,464	$	419,855	$	1,246,994	$	1,227,733
Cost of sales		258,352		248,927		746,868		727,798
Gross margin		176,112		170,928		500,126		499,935
Selling, delivery and administrative expenses		145,912		143,490		427,539		425,315
Income from operations		30,200		27,438		72,587		74,620
Interest expense, net		7,361		9,033		22,149		27,183
Income before income taxes		22,839		18,405		50,438		47,437
Income tax expense		4,756		7,191		14,550		19,228
Net income		18,083		11,214		35,888		28,209
Less: Net income attributable to noncontrolling interest		1,914		1,135		3,628		2,818
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	16,169	$	10,079	$	32,260	$	25,391
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Weighted average number of Common Stock shares outstanding		7,141		7,141		7,141		7,141
Class B Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Weighted average number of Class B Common Stock shares outstanding		2,109		2,089		2,104		2,084
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$	1.74	$	1.09	$	3.47	$	2.74
Weighted average number of Common Stock shares outstanding – assuming dilution		9,290		9,270		9,285		9,265
Class B Common Stock	$	1.74	$	1.08	$	3.46	$	2.73
Weighted average number of Class B Common Stock shares outstanding – assuming dilution		2,149		2,129		2,144		2,124
Cash dividends per share:
Common Stock	$	.25	$	.25	$	.75	$	.75
Class B Common Stock	$	.25	$	.25	$	.75	$	.75

See Accompanying Notes to Consolidated Financial Statements.

2

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

In Thousands

	Third Quarter						First Nine Months
	2013			2012			2013			2012
Net income	$	18,083		$	11,214		$	35,888		$	28,209
Other comprehensive income, net of tax:
Foreign currency translation adjustment		(1	)		0			0			0
Defined benefit plans reclassification included in pension costs:
Actuarial loss		514			421			1,533			1,262
Prior service costs		2			3			7			9
Postretirement benefits reclassification included in benefits costs:
Actuarial loss		430			372			1,281			1,115
Prior service costs		(231	)		(231	)		(691	)		(690	)
Other comprehensive income, net of tax		714			565			2,130			1,696
Comprehensive income		18,797			11,779			38,018			29,905
Less: Comprehensive income attributable to noncontrolling interest		1,914			1,135			3,628			2,818
Comprehensive income attributable to Coca-Cola Bottling Co. Consolidated	$	16,883		$	10,644		$	34,390		$	27,087

See Accompanying Notes to Consolidated Financial Statements.

3

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

In Thousands (Except Share Data)

	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
ASSETS
Current Assets:
Cash and cash equivalents	$	25,283	$	10,399	$	112,661
Accounts receivable, trade, less allowance for doubtful accounts of $1,553, $1,490 and $1,533, respectively		114,068		103,524		111,153
Accounts receivable from The Coca-Cola Company		24,549		15,521		20,437
Accounts receivable, other		14,526		12,876		13,583
Inventories		70,255		65,924		74,492
Prepaid expenses and other current assets		32,209		33,068		29,900
Total current assets		280,890		241,312		362,226
Property, plant and equipment, net		295,147		307,467		291,768
Leased property under capital leases, net		50,212		54,150		55,601
Other assets		62,621		53,801		54,573
Franchise rights		520,672		520,672		520,672
Goodwill		102,049		102,049		102,049
Other identifiable intangible assets, net		3,764		4,023		4,127
Total assets	$	1,315,355	$	1,283,474	$	1,391,016

See Accompanying Notes to Consolidated Financial Statements.

4

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

In Thousands (Except Share Data)

	Sept. 29, 2013			Dec. 30, 2012			Sept. 30, 2012
LIABILITIES AND EQUITY
Current Liabilities:
Current portion of debt	$	20,000		$	20,000		$	120,000
Current portion of obligations under capital leases		5,732			5,230			5,110
Accounts payable, trade		46,279			51,651			45,308
Accounts payable to The Coca-Cola Company		43,363			27,830			42,031
Other accrued liabilities		73,858			75,113			76,900
Accrued compensation		26,733			32,428			24,955
Accrued interest payable		9,380			4,060			12,121
Total current liabilities		225,345			216,312			326,425
Deferred income taxes		142,795			140,965			145,384
Pension and postretirement benefit obligations		138,288			140,719			119,767
Other liabilities		123,208			118,303			116,588
Obligations under capital leases		60,378			64,351			65,692
Long-term debt		393,520			403,386			403,344
Total liabilities		1,083,534			1,084,036			1,177,200
Commitments and Contingencies (Note 14)
Equity:
Common Stock, $1.00 par value:
Authorized – 30,000,000 shares;
Issued – 10,203,821 shares		10,204			10,204			10,204
Class B Common Stock, $1.00 par value:
Authorized – 10,000,000 shares;
Issued – 2,737,076, 2,716,956 and 2,716,956 shares, respectively		2,735			2,715			2,715
Capital in excess of par value		108,959			107,681			107,600
Retained earnings		195,766			170,439			170,920
Accumulated other comprehensive loss		(92,396	)		(94,526	)		(79,124	)
		225,268			196,513			212,315
Less-Treasury stock, at cost:
Common – 3,062,374 shares		60,845			60,845			60,845
Class B Common – 628,114 shares		409			409			409
Total equity of Coca-Cola Bottling Co. Consolidated		164,014			135,259			151,061
Noncontrolling interest		67,807			64,179			62,755
Total equity		231,821			199,438			213,816
Total liabilities and equity	$	1,315,355		$	1,283,474		$	1,391,016

See Accompanying Notes to Consolidated Financial Statements.

5

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

In Thousands (Except Share Data)

	Common Stock		Class B Common Stock		Capital in Excess of Par Value		Retained Earnings			Accumulated Other Comprehensive Loss			Treasury Stock			Total Equity of CCBCC			Noncontrolling Interest		Total Equity
Balance on Jan. 1, 2012	$	10,204	$	2,693	$	106,201	$	152,446		$	(80,820	)	$	(61,254	)	$	129,470		$	59,937	$	189,407
Net income								25,391									25,391			2,818		28,209
Other comprehensive income, net of tax											1,696						1,696					1,696
Cash dividends paid Common ($.75 per share)								(5,356	)								(5,356	)				(5,356	)
Class B Common ($.75 per share)								(1,561	)								(1,561	)				(1,561	)
Issuance of 22,320 shares of Class B Common Stock				22		1,399											1,421					1,421
Balance on Sept. 30, 2012	$	10,204	$	2,715	$	107,600	$	170,920		$	(79,124	)	$	(61,254	)	$	151,061		$	62,755	$	213,816
Balance on Dec. 30, 2012	$	10,204	$	2,715	$	107,681	$	170,439		$	(94,526	)	$	(61,254	)	$	135,259		$	64,179	$	199,438
Net income								32,260									32,260			3,628		35,888
Other comprehensive income, net of tax											2,130						2,130					2,130
Cash dividends paid
Common ($.75 per share)								(5,356	)								(5,356	)				(5,356	)
Class B Common ($.75 per share)								(1,577	)								(1,577	)				(1,577	)
Issuance of 20,120 shares of Class B Common Stock				20		1,278											1,298					1,298
Balance on Sept. 29, 2013	$	10,204	$	2,735	$	108,959	$	195,766		$	(92,396	)	$	(61,254	)	$	164,014		$	67,807	$	231,821

See Accompanying Notes to Consolidated Financial Statements.

6

Coca-Cola Bottling Co. Consolidated

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

In Thousands

	First Nine Months
	2013			2012
Cash Flows from Operating Activities
Net income	$	35,888		$	28,209
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense		43,655			46,075
Amortization of intangibles		250			312
Deferred income taxes		(1,376	)		3,409
(Gain)/loss on sale of property, plant and equipment		(264	)		467
Amortization of debt costs		1,453			1,726
Amortization of deferred gain related to terminated interest rate agreements		(411	)		(923	)
Stock compensation expense		1,901			2,043
(Increase) decrease in current assets less current liabilities		(4,366	)		4,099
Increase in other noncurrent assets		(6,656	)		(5,461	)
Increase (decrease) in other noncurrent liabilities		4,887			(15,599	)
Other		12			(1	)
Total adjustments		39,085			36,147
Net cash provided by operating activities		74,973			64,356
Cash Flows from Investing Activities
Additions to property, plant and equipment		(45,197	)		(35,541	)
Proceeds from the sale of property, plant and equipment		6,056			548
Change in restricted cash		0			3,000
Net cash used in investing activities		(39,141	)		(31,993	)
Cash Flows from Financing Activities
Borrowings under revolving credit facility		55,000			0
Payment on revolving credit facility		(65,000	)		0
Cash dividends paid		(6,933	)		(6,917	)
Principal payments on capital lease obligations		(3,926	)		(3,460	)
Other		(89	)		(83	)
Net cash used in financing activities		(20,948	)		(10,460	)
Net increase in cash		14,884			21,903
Cash at beginning of period		10,399			90,758
Cash at end of period	$	25,283		$	112,661
Significant non-cash investing and financing activities:
Issuance of Class B Common Stock in connection with stock award	$	1,298		$	1,421
Capital lease obligations incurred		455			209

See Accompanying Notes to Consolidated Financial Statements.

7

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

1. Significant Accounting Policies

The consolidated financial statements include the accounts of Coca-Cola Bottling Co. Consolidated and its majority-owned subsidiaries (the “Company”). All intercompany accounts and transactions have been eliminated.

The consolidated financial statements reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results for the interim periods presented. All such adjustments are of a normal, recurring nature.

The consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (GAAP) for interim financial reporting and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all information and footnotes required by GAAP. The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

The accounting policies followed in the presentation of interim financial results are consistent with those followed on an annual basis. These policies are presented in Note 1 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 30, 2012 filed with the United States Securities and Exchange Commission.

Certain prior year amounts have been reclassified to conform to current classifications.

In the third quarter of 2013 (“Q3 2013”), the Company recorded an out-of-period adjustment of $1.3 million for reimbursements received in the third quarter from brand companies for net price reductions to certain of our customers on their products that occurred in the previous two quarters. This out-of-period item did not have a material impact on the current or either of the previously reported periods.

Revision of Prior Period Financial Statements

In connection with the preparation of the consolidated financial statements for the fourth quarter of 2012, the Company identified an error in the treatment of a certain prior year deferred tax asset in the Consolidated Balance Sheets. This resulted in an understatement of net noncurrent deferred income tax liability and an overstatement of retained earnings, and therefore equity, for each of the impacted periods. This error affected the Consolidated Balance Sheets and Consolidated Statements of Changes in Stockholders’ Equity as presented in each of the quarters of 2012, 2011 and 2010, including the year-end consolidated financial statements for 2011 and 2010. This resulted in an understatement of deferred income taxes and an overstatement of retained earnings for each of the impacted periods. In accordance with accounting guidance presented in ASC 250-10 (SEC Staff Accounting Bulletin No. 99, Materiality), the Company assessed the materiality of the error and concluded that it was not material to any of the Company’s previously issued financial statements taken as a whole. The Company has revised previously issued financial statements to correct the effect of this error. This revision did not affect the Company’s Consolidated Statements of Operations or Consolidated Statements of Cash Flows for any of these periods.

8

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

1. Significant Accounting Policies

	First Nine Months Ended September 30, 2012
In Thousands	As Previously Reported		Adjustment			As Revised
Deferred income taxes	$	143,553	$	1,831		$	145,384
Total liabilities		1,175,369		1,831			1,177,200
Retained earnings		172,751		(1,831	)		170,920
Total equity of Coca-Cola Bottling Co. Consolidated		152,892		(1,831	)		151,061
Total equity		215,647		(1,831	)		213,816

2. Seasonality of Business

Historically, operating results for the third quarter of the fiscal year have not been representative of results for the entire fiscal year. Business seasonality results primarily from higher unit sales of the Company’s products in the second and third quarters versus the first and fourth quarters of the fiscal year. Fixed costs, such as depreciation expense, are not significantly impacted by business seasonality.

3. Piedmont Coca-Cola Bottling Partnership

On July 2, 1993, the Company and The Coca-Cola Company formed Piedmont Coca-Cola Bottling Partnership (“Piedmont”) to distribute and market nonalcoholic beverages primarily in portions of North Carolina and South Carolina. The Company provides a portion of the nonalcoholic beverage products to Piedmont at cost and receives a fee for managing the operations of Piedmont pursuant to a management agreement. These intercompany transactions are eliminated in the consolidated financial statements.

Noncontrolling interest as of September 29, 2013, December 30, 2012 and September 30, 2012 represents the portion of Piedmont owned by The Coca-Cola Company. The Coca-Cola Company’s interest in Piedmont was 22.7% for all periods presented.

9

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

4. Inventories

Inventories were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Finished products	$	42,695	$	36,445	$	43,809
Manufacturing materials		8,594		11,019		10,014
Plastic shells, plastic pallets and other inventories		18,966		18,460		20,669
Total inventories	$	70,255	$	65,924	$	74,492

5. Property, Plant and Equipment

The principal categories and estimated useful lives of property, plant and equipment were as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Land	$	12,307	$	12,442	$	12,443
Buildings		113,032		118,556		118,096		8-50 years
Machinery and equipment		143,518		140,963		134,808		5-20 years
Transportation equipment		159,012		163,586		157,006		4-20 years
Furniture and fixtures		42,403		41,580		40,126		3-10 years
Cold drink dispensing equipment		319,767		314,863		312,280		5-17 years
Leasehold and land improvements		72,632		71,956		77,425		5-20 years
Software for internal use		80,310		74,907		72,858		3-10 years
Construction in progress		3,266		8,264		3,674
Total property, plant and equipment, at cost		946,247		947,117		928,716
Less: Accumulated depreciation and amortization		651,100		639,650		636,948
Property, plant and equipment, net	$	295,147	$	307,467	$	291,768

Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $14.8 million and $15.2 million in Q3 2013 and the third quarter of 2012 (“Q3 2012”), respectively. Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $43.7 million and $46.1 million in the first nine months of 2013 (“YTD 2013”) and the first nine months of 2012 (“YTD 2012”), respectively.

The Company recognized a $1.2 million gain during the first quarter of 2013 (“Q1 2013”) on the sale of a distribution facility that was no longer in use. The gain on the sale of this property, plant and equipment was recorded in selling, delivery and administrative (S,D&A) expenses.

10

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

5. Property, Plant and Equipment

The Company changed the useful lives of certain cold drink dispensing equipment in Q1 2013 to reflect the estimated remaining useful lives. The change in useful lives reduced depreciation expense in Q3 2013 and YTD 2013 by $0.4 million ($0.03 per basic and diluted Common Stock; $0.03 per basic and diluted Class B Common Stock) and $1.3 million ($0.09 per basic Common Stock and $0.08 per diluted Common Stock; $0.09 per basic Class B Common Stock and $0.08 per diluted Class B Common Stock), respectively.

6. Leased Property Under Capital Leases

Leased property under capital leases was summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Leased property under capital leases	$	94,629	$	94,180	$	94,180		3-20 years
Less: Accumulated amortization		44,417		40,030		38,579
Leased property under capital leases, net	$	50,212	$	54,150	$	55,601

As of September 29, 2013, real estate represented $49.6 million of the leased property under capital leases, net and $33.4 million of this real estate is leased from related parties as described in Note 19 to the consolidated financial statements.

The Company’s outstanding obligations for capital leases were $66.1 million, $69.6 million and $70.8 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively.

7. Franchise Rights and Goodwill

There were no changes in the carrying amounts of franchise rights and goodwill in the periods presented. The Company performs its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter. During YTD 2013, the Company did not experience any triggering events or changes in circumstances that indicated the carrying amounts of the Company’s franchise rights or goodwill exceeded fair values. As such, the Company has not recognized any impairments of franchise rights or goodwill.

11

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

8. Other Identifiable Intangible Assets

Other identifiable intangible assets were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Other identifiable intangible assets	$	8,547	$	8,557	$	8,557		20 years
Less: Accumulated amortization		4,783		4,534		4,430
Other identifiable intangible assets, net	$	3,764	$	4,023	$	4,127

Other identifiable intangible assets primarily represent customer relationships and distribution rights and are amortized on a straight line basis.

9. Other Accrued Liabilities

Other accrued liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accrued marketing costs	$	12,463	$	12,506	$	12,918
Accrued insurance costs		21,571		21,458		21,629
Accrued taxes (other than income taxes)		4,192		1,910		1,827
Accrued income taxes		0		0		5,500
Employee benefit plan accruals		16,754		16,988		17,294
Checks and transfers yet to be presented for payment from zero balance cash accounts		9,999		11,962		9,491
All other accrued liabilities		8,879		10,289		8,241
Total other accrued liabilities	$	73,858	$	75,113	$	76,900

12

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

10. Debt

Debt was summarized as follows:

In Thousands	Maturity		Interest Rate			Interest Paid		Sept. 29, 2013			Dec. 30, 2012			Sept. 30, 2012
Revolving credit facility		2016		Variable			Varies	$	20,000		$	30,000		$	0
Line of credit		2013		Variable			Varies		20,000			20,000			0
Senior Notes		2012		5.00	%		Semi-annually		0			0			150,000
Senior Notes		2015		5.30	%		Semi-annually		100,000			100,000			100,000
Senior Notes		2016		5.00	%		Semi-annually		164,757			164,757			164,757
Senior Notes		2019		7.00	%		Semi-annually		110,000			110,000			110,000
Unamortized discount on Senior Notes		2019							(1,237	)		(1,371	)		(1,413	)
									413,520			423,386			523,344
Less: Current portion of debt									20,000			20,000			120,000
Long-term debt								$	393,520		$	403,386		$	403,344

On September 21, 2011, the Company entered into a $200 million five-year unsecured revolving credit agreement (“$200 million facility”) replacing the Company’s previous $200 million five-year unsecured revolving credit facility. The $200 million facility has a scheduled maturity date of September 21, 2016 and up to $25 million is available for the issuance of letters of credit. Borrowings under the agreement bear interest at a floating base rate or a floating Eurodollar rate plus an interest rate spread, dependent on the Company’s credit rating at the time of borrowing. The Company must pay an annual facility fee of .175% of the lenders’ aggregate commitments under the facility. The $200 million facility contains two financial covenants: a cash flow/fixed charges ratio (“fixed charges coverage ratio”) and a funded indebtedness/cash flow ratio (“operating cash flow ratio”), each as defined in the credit agreement. The fixed charges coverage ratio requires the Company to maintain a consolidated cash flow to fixed charges ratio of 1.5 to 1.0 or higher. The operating cash flow ratio requires the Company to maintain a debt to operating cash flow ratio of 6.0 to 1.0 or lower. The Company is currently in compliance with these covenants. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources.

13

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

10. Debt

On September 4, 2013, the Company entered into an amendment to its $200 million facility. The amendment clarified that the non-cash charge to be incurred by the Company in the fourth quarter of 2013 (“Q4 2013”) as a result of the Company’s limited-time offer of a lump sum distribution of pension benefits to certain pension plan participants will be excluded from the calculation of the financial covenants described above to the extent that the non-cash charge is recognized on or before December 31, 2013 and does not exceed $12.0 million. See Note 18 to the consolidated financial statements for additional information on the limited-time pension distribution.

On September 29, 2013, the Company had $20.0 million of outstanding borrowings on the $200 million facility and had $180.0 million available to meet its cash requirements. On December 30, 2012, the Company had $30.0 million of outstanding borrowings on the $200 million facility. On September 30, 2012, the Company had no outstanding borrowings on the $200 million facility.

On February 10, 2010, the Company entered into an agreement for an uncommitted line of credit. Under this agreement, which is still in place, the Company may borrow up to a total of $20 million for periods of 7 days, 30 days, 60 days or 90 days at the discretion of the participating bank. On both September 29, 2013 and December 30, 2012, the Company had $20.0 million outstanding under the uncommitted line of credit at a weighted average interest rate of 0.93% and 0.94%, respectively. On September 30, 2012, the Company had no outstanding borrowings under the uncommitted line of credit.

The Company used a combination of available cash on hand, borrowings on the uncommitted line of credit and borrowings under the $200 million facility to repay $150 million of the Company’s senior notes that matured in November 2012.

As of September 29, 2013, December 30, 2012 and September 30, 2012, the Company had a weighted average interest rate of 6.1%, 5.9% and 6.1%, respectively, for its outstanding debt and capital lease obligations. The Company’s overall weighted average interest rate on its debt and capital lease obligations was 5.8% for YTD 2013 compared to 6.1% for YTD 2012. As of September 29, 2013, $40.0 million of the Company’s debt and capital lease obligations of $479.6 million were subject to changes in short-term interest rates.

The Company’s public debt is not subject to financial covenants but does limit the incurrence of certain liens and encumbrances as well as the incurrence of indebtedness by the Company’s subsidiaries in excess of certain amounts.

All of the outstanding long-term debt has been issued by the Company with none being issued by any of the Company’s subsidiaries. There are no guarantees of the Company’s debt.

14

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

11. Derivative Financial Instruments

Interest

The Company uses derivatives from time to time to partially manage the Company’s exposure to changes in interest rates on outstanding debt instruments.

The Company had no interest rate derivative contracts outstanding at September 29, 2013, December 30, 2012 and September 30, 2012.

Commodities

The Company is subject to the risk of increased costs arising from adverse changes in certain commodity prices. In the normal course of business, the Company manages these risks through a variety of strategies, including the use of derivative instruments. The Company does not use derivative instruments for trading or speculative purposes. All derivative instruments are recorded at fair value as either assets or liabilities in the Company’s consolidated balance sheets. These derivative instruments are not designated as hedging instruments under GAAP and are used as “economic hedges” to manage commodity price risk. Derivative instruments are marked to market on a monthly basis and recognized in earnings consistent with the expense classification of the underlying hedged item. Settlements of derivative agreements are included in cash flows from operating activities on the Company’s consolidated statements of cash flows.

The Company uses several different financial institutions for commodity derivative instruments to minimize the concentration of credit risk. While the Company is exposed to credit loss in the event of nonperformance by these counterparties, the Company does not anticipate nonperformance by these parties.

The Company periodically uses derivative instruments to hedge part or all of its requirements for diesel fuel and aluminum. In Q3 2012, the Company entered into agreements to hedge a portion of the Company’s 2013 aluminum purchases.

The Company has master agreements with the counterparties to its derivative financial agreements that provide for net settlement of derivative transactions. The Company did not have any offsetting derivative transactions with its counterparties on December 30, 2012 and September 30, 2012. Accordingly, the gross amounts of derivative assets are recognized in prepaid expenses and other current assets in the consolidated balance sheet at December 30, 2012 and September 30, 2012. The Company did not have any outstanding derivative transactions at September 29, 2013.

The following summarizes Q3 2013 and Q3 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		Third Quarter
In Thousands	Classification of Gain (Loss)	2013		2012
Commodity hedges	Cost of sales	$	0	$	1,037
Total		$	0	$	1,037

15

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

11. Derivative Financial Instruments

The following summarizes YTD 2013 and YTD 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		First Nine Months
In Thousands	Classification of Gain (Loss)	2013			2012
Commodity hedges	Cost of sales	$	(500	)	$	1,037
Total		$	(500	)	$	1,037

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company:

In Thousands	Balance Sheet Classification	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	0	$	500	$	1,037
Unamortized cost of commodity hedging agreements	Prepaid expenses and other current assets		0		562		562
Total		$	0	$	1,062	$	1,599

12. Fair Value of Financial Instruments

The following methods and assumptions were used by the Company in estimating the fair values of its financial instruments:

Cash and Cash Equivalents, Accounts Receivable and Accounts Payable

The fair values of cash and cash equivalents, accounts receivable and accounts payable approximate carrying values due to the short maturity of these items.

Public Debt Securities

The fair values of the Company's public debt securities are based on estimated current market prices.

Non-Public Variable Rate Debt

The carrying amounts of the Company's variable rate borrowings approximate their fair values due to variable interest rates with short reset periods.

Deferred Compensation Plan Assets/Liabilities

The fair values of deferred compensation plan assets and liabilities, which are held in mutual funds, are based upon the quoted market value of the securities held within the mutual funds.

16

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

12. Fair Value of Financial Instruments

Derivative Financial Instruments

The fair values for the Company's commodity hedging agreements are based on current settlement values at each balance sheet date. The fair values of the commodity hedging agreements at each balance sheet date represent the estimated amounts the Company would have received or paid upon termination of these agreements. Credit risk related to the derivative financial instruments is managed by requiring high standards for its counterparties and periodic settlements. The Company considers nonperformance risk in determining the fair value of derivative financial instruments.

The carrying amounts and fair values of the Company's debt, deferred compensation plan assets and liabilities, and derivative financial instruments were as follows:

	Sept. 29, 2013						Dec. 30, 2012						Sept. 30, 2012
In Thousands	Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Public debt securities	$	(373,520	)	$	(411,197	)	$	(373,386	)	$	(426,050	)	$	(523,344	)	$	(577,775	)
Deferred compensation plan assets		15,875			15,875			13,011			13,011			12,854			12,854
Deferred compensation plan liabilities		(15,875	)		(15,875	)		(13,011	)		(13,011	)		(12,854	)		(12,854	)
Commodity hedging agreements		0			0			500			500			1,037			1,037
Non-public variable rate debt		(40,000	)		(40,000	)		(50,000	)		(50,000	)		0			0

GAAP requires that assets and liabilities carried at fair value be classified and disclosed in one of the following categories:

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs that are not corroborated by market data.

The fair value estimates of the Company’s debt are classified as Level 2. Public debt securities are valued using quoted market prices of the debt or debt with similar characteristics.

17

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

12. Fair Value of Financial Instruments

The following table summarizes, by assets and liabilities, the valuation of the Company’s deferred compensation plan and commodity hedging agreements:

	Sept. 29, 2013				Dec. 30, 2012				Sept. 30, 2012
In Thousands	Level 1		Level 2		Level 1		Level 2		Level 1		Level 2
Assets
Deferred compensation plan assets	$	15,875			$	13,011			$	12,854
Commodity hedging agreements			$	0			$	500			$	1,037
Liabilities
Deferred compensation plan liabilities		15,875				13,011				12,854

The Company maintains a non-qualified deferred compensation plan for certain executives and other highly compensated employees. The investment assets are held in mutual funds. The fair value of the mutual funds is based on the quoted market value of the securities held within the funds (Level 1). The related deferred compensation liability represents the fair value of the investment assets.

The fair values of the Company’s commodity hedging agreements are based upon rates from public commodity exchanges that are observable and quoted periodically over the full term of the agreement and are considered Level 2 items.

The Company does not have Level 3 assets or liabilities. Also, there were no transfers of assets or liabilities between Level 1 and Level 2 for YTD 2013 and YTD 2012.

13. Other Liabilities

Other liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accruals for executive benefit plans	$	106,370	$	101,220	$	99,568
Other		16,838		17,083		17,020
Total other liabilities	$	123,208	$	118,303	$	116,588

18

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

14. Commitments and Contingencies

The Company is a member of South Atlantic Canners, Inc. (“SAC”), a manufacturing cooperative from which it is obligated to purchase 17.5 million cases of finished product on an annual basis through May 2014. The Company is also a member of Southeastern Container (“Southeastern”), a plastic bottle manufacturing cooperative from which it is obligated to purchase at least 80% of its requirements of plastic bottles for certain designated territories. See Note 19 to the consolidated financial statements for additional information concerning SAC and Southeastern.

The Company guarantees a portion of SAC’s and Southeastern’s debt. The amounts guaranteed were $33.5 million, $35.9 million and $36.6 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively. The Company holds no assets as collateral against these guarantees, the fair value of which is immaterial. The guarantees relate to the debt of SAC and Southeastern, which resulted primarily from the purchase of production equipment and facilities. These guarantees expire at various dates through 2023. The members of both cooperatives consist solely of Coca-Cola bottlers. The Company does not anticipate either of these cooperatives will fail to fulfill its commitments. The Company further believes each of these cooperatives has sufficient assets, including production equipment, facilities and working capital, and the ability to adjust selling prices of its products to adequately mitigate the risk of material loss from the Company’s guarantees. In the event either of these cooperatives fails to fulfill its commitments under the related debt, the Company would be responsible for payments to the lenders up to the level of the guarantees. If these cooperatives had borrowed up to their aggregate borrowing capacity, the Company’s maximum exposure under these guarantees on September 29, 2013 would have been $23.9 million for SAC and $25.3 million for Southeastern and the Company’s maximum total exposure, including its equity investment, would have been $28.0 million for SAC and $46.1 million for Southeastern.

The Company has been purchasing plastic bottles from Southeastern and finished products from SAC for more than ten years and has never had to pay against these guarantees.

The Company has an equity ownership in each of the entities in addition to the guarantees of certain indebtedness and records its investment in each under the equity method. As of September 29, 2013, SAC had total assets of approximately $41 million and total debt of approximately $22 million. SAC had total revenues for YTD 2013 of approximately $138 million. As of September 29, 2013, Southeastern had total assets of approximately $348 million and total debt of approximately $139 million. Southeastern had total revenue for YTD 2013 of approximately $525 million.

The Company has standby letters of credit, primarily related to its property and casualty insurance programs. On September 29, 2013, these letters of credit totaled $23.1 million. The Company was required to maintain $4.5 million of restricted cash for letters of credit beginning in the second quarter of 2009, which was reduced to $3.5 million in the second quarter of 2010 and to $3.0 million in the second quarter of 2011. The requirement to maintain restricted cash for these letters of credit was eliminated in the first quarter of 2012.

19

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

14. Commitments and Contingencies

The Company participates in long-term marketing contractual arrangements with certain prestige properties, athletic venues and other locations. The future payments related to these contractual arrangements as of September 29, 2013 amounted to $40.7 million and expire at various dates through 2022.

The Company is involved in various claims and legal proceedings which have arisen in the ordinary course of its business. Although it is difficult to predict the ultimate outcome of these claims and legal proceedings, management believes the ultimate disposition of these matters will not have a material adverse effect on the financial condition, cash flows or results of operations of the Company. No material amount of loss in excess of recorded amounts is believed to be reasonably possible as a result of these claims and legal proceedings.

The Company is subject to audit by tax authorities in jurisdictions where it conducts business. These audits may result in assessments that are subsequently resolved with the tax authorities or potentially through the courts. Management believes the Company has adequately provided for any assessments that are likely to result from these audits; however, final assessments, if any, could be different than the amounts recorded in the consolidated financial statements.

15. Income Taxes

The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes, for YTD 2013 and YTD 2012 was 28.8% and 40.5%, respectively. The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes minus net income attributable to noncontrolling interest, for YTD 2013 and YTD 2012 was 31.1% and 43.1%, respectively.

The following table provides a reconciliation of income tax expense at the statutory federal rate to actual income tax expense.

	First Nine Months
In Thousands	2013			2012
Statutory expense	$	17,653		$	16,603
State income taxes, net of federal benefit		2,093			2,052
Valuation allowance change		(1	)		1,172
Noncontrolling interest – Piedmont		(1,348	)		(1,324	)
Manufacturing deduction benefit		(1,678	)		(1,412	)
Meals and entertainment		1,070			1,024
Adjustment for uncertain tax positions		(223	)		378
Adjustment for state tax legislation		(2,261	)		0
Other, net		(755	)		735
Income tax expense	$	14,550		$	19,228

20

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

15. Income Taxes

As of September 29, 2013, the Company had $2.8 million of uncertain tax positions, including accrued interest, all of which would affect the Company’s effective tax rate if recognized. As of December 30, 2012, the Company had $5.5 million of uncertain tax positions, including accrued interest, of which $3.0 million would affect the Company’s effective tax rate if recognized. As of September 30, 2012, the Company had $5.1 million of uncertain tax positions, including accrued interest, of which $2.6 million would affect the Company’s effective tax rate if recognized. While it is expected that the amount of uncertain tax positions may change in the next 12 months, the Company does not expect any change to have a material impact on the consolidated financial statements.

In Q3 2013, the Company reduced its liability for uncertain tax positions by $3.4 million, of which only $0.9 million was a decrease to income tax expense. In Q3 2012, the Company reduced its liability for uncertain tax positions by $0.2 million all of which was a decrease to income tax expense. The reduction to the liability for uncertain tax positions was primarily due to the lapse of the applicable statute of limitations.

The Company recognizes potential interest and penalties related to uncertain tax positions in income tax expense. As of September 29, 2013, December 30, 2012, and September 30, 2012, the Company had $0.2 million, $0.5 million and $0.5 million, respectively, of accrued interest related to uncertain tax positions. Income tax expense included an interest credit of $0.3 million in YTD 2013 and interest expense of $0.1 million in YTD 2012.

The American Taxpayer Relief Act (“Act”) was signed into law on January 2, 2013. The Act approved a retroactive extension of certain favorable business and energy tax provisions that had expired at the end of 2011 which are applicable to the Company. The Company recorded a reduction to income tax expense totaling $0.4 million related to the Act in YTD 2013, which is included in the other, net line of the reconciliation of income tax expense table.

During Q3 2013, state tax legislation was enacted that reduces the corporate tax rate in that state from 6.9% to 6.0% effective January 1, 2014. A further reduction to the corporate tax rate from 6.0% to 5.0% will become effective January 1, 2015. This reduction in the corporate tax rate decreases the Company’s income tax expense by approximately $2.3 million due to the impact on the Company’s net deferred tax liabilities. The total impact of this legislation was recorded in Q3 2013.

In YTD 2012, the Company increased its valuation allowance by $1.2 million. The net effect of this adjustment was an increase to income tax expense. The increase to the valuation allowance was primarily due to the Company’s assessment of its ability to use certain net operating loss carryforwards.

Tax years from 2010 remain open to examination by the Internal Revenue Service, and various tax years from 1995 remain open to examination by certain state tax jurisdictions to which the Company is subject due to loss carryforwards.

21

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

15. Income Taxes

On September 13, 2013, the Internal Revenue Service and the United States Treasury Department issued final tax regulations that provide guidance regarding the deduction and capitalization of expenditures related to tangible property. The Company does not expect the final tax regulations to have a material impact on the consolidated financial statements.

The Company’s income tax assets and liabilities are subject to adjustment in future periods based on the Company’s ongoing evaluations of such assets and liabilities and new information that becomes available to the Company.

16. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of accumulated other comprehensive loss for Q3 2013 and Q3 2012 is as follows:

In Thousands	June 30, 2013			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(75,388	)	$	837		$	(323	)	$	(74,874	)
Prior service costs		(28	)		4			(2	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(21,574	)		700			(270	)		(21,144	)
Prior service costs		3,874			(377	)		146			3,643
Foreign currency translation adjustment		6			(1	)		0			5
Total	$	(93,110	)	$	1,163		$	(449	)	$	(92,396	)

In Thousands	July 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(63,948	)	$	693		$	(272	)	$	(63,527	)
Prior service costs		(38	)		5			(2	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(20,501	)		613			(241	)		(20,129	)
Prior service costs		4,792			(379	)		148			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(79,689	)	$	932		$	(367	)	$	(79,124	)

22

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

16. Accumulated Other Comprehensive Loss

A summary of accumulated other comprehensive loss for YTD 2013 and YTD 2012 is as follows:

In Thousands	Dec. 30, 2012			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(76,407	)	$	2,513		$	(980	)	$	(74,874	)
Prior service costs		(33	)		12			(5	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(22,425	)		2,100			(819	)		(21,144	)
Prior service costs		4,334			(1,133	)		442			3,643
Foreign currency translation adjustment		5			0			0			5
Total	$	(94,526	)	$	3,492		$	(1,362	)	$	(92,396	)

In Thousands	Jan. 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(64,789	)	$	2,080		$	(818	)	$	(63,527	)
Prior service costs		(44	)		15			(6	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(21,244	)		1,838			(723	)		(20,129	)
Prior service costs		5,251			(1,137	)		447			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(80,820	)	$	2,796		$	(1,100	)	$	(79,124	)

23

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

16. Accumulated Other Comprehensive Loss

A summary of the impact on the income statement line items is as follows:

In Thousands	Net Pension Activity		Net Postretirement Benefits Activity		Total
Q3 2013
Cost of sales	$	76	$	42	$	118
S,D&A expenses		765		281		1,046
Subtotal pre-tax		841		323		1,164
Income tax expense		325		124		449
Total after tax effect	$	516	$	199	$	715
Q3 2012
Cost of sales	$	77	$	28	$	105
S,D&A expenses		621		206		827
Subtotal pre-tax		698		234		932
Income tax expense		274		93		367
Total after tax effect	$	424	$	141	$	565
YTD 2013
Cost of sales	$	227	$	116	$	343
S,D&A expenses		2,298		851		3,149
Subtotal pre-tax		2,525		967		3,492
Income tax expense		985		377		1,362
Total after tax effect	$	1,540	$	590	$	2,130
YTD 2012
Cost of sales	$	230	$	84	$	314
S,D&A expenses		1,865		617		2,482
Subtotal pre-tax		2,095		701		2,796
Income tax expense		824		276		1,100
Total after tax effect	$	1,271	$	425	$	1,696

17. Capital Transactions

The Company has two classes of common stock outstanding, Common Stock and Class B Common Stock. The Common Stock is traded on the NASDAQ Global Select Market^sm under the symbol COKE. There is no established public trading market for the Class B Common Stock. Shares of the Class B Common Stock are convertible on a share-for-share basis into shares of Common Stock at any time at the option of the holders of Class B Common Stock.

24

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

17. Capital Transactions

No cash dividend or dividend of property or stock other than stock of the Company, as specifically described in the Company’s certificate of incorporation, may be declared and paid on the Class B Common Stock unless an equal or greater dividend is declared and paid on the Common Stock. During YTD 2013 and YTD 2012, dividends of $.75 per share were declared and paid on both the Common Stock and Class B Common Stock.

Each share of Common Stock is entitled to one vote per share and each share of Class B Common Stock is entitled to 20 votes per share at all meetings of stockholders. Except as otherwise required by law, holders of the Common Stock and Class B Common Stock vote together as a single class on all matters brought before the Company’s stockholders. In the event of liquidation, there is no preference between the two classes of common stock.

On April 29, 2008, the stockholders of the Company approved a Performance Unit Award Agreement for J. Frank Harrison, III, the Company’s Chairman of the Board of Directors and Chief Executive Officer, consisting of 400,000 performance units (“Units”). Each Unit represents the right to receive one share of the Company’s Class B Common Stock, subject to certain terms and conditions. The Units are subject to vesting in annual increments over a ten-year period starting in fiscal year 2009. The number of Units that vest each year equals the product of 40,000 multiplied by the overall goal achievement factor (not to exceed 100%) under the Company’s Annual Bonus Plan.

Each annual 40,000 Unit tranche has an independent performance requirement as it is not established until the Company’s Annual Bonus Plan targets are approved each year by the Compensation Committee of the Board of Directors. As a result, each 40,000 Unit tranche is considered to have its own service inception date, grant-date and requisite service period. The Company’s Annual Bonus Plan targets, which establish the performance requirements for the Performance Unit Award Agreement, are approved by the Compensation Committee of the Board of Directors in the first quarter of each year. The Performance Unit Award Agreement does not entitle Mr. Harrison, III to participate in dividends or voting rights until each installment has vested and the shares are issued. Mr. Harrison, III may satisfy tax withholding requirements in whole or in part by requiring the Company to settle in cash such number of Units otherwise payable in Class B Common Stock to meet the maximum statutory tax withholding requirements.

On March 5, 2013 and March 6, 2012, the Compensation Committee determined that 40,000 shares of the Company’s Class B Common Stock should be issued in each year pursuant to a Performance Unit Award Agreement to J. Frank Harrison, III, in connection with his services in 2012 and 2011, respectively, as Chairman of the Board of Directors and Chief Executive Officer of the Company. As permitted under the terms of the Performance Unit Award Agreement, 19,880 and 17,680 of such shares were settled in cash in 2013 and 2012, respectively, to satisfy tax withholding obligations in connection with the vesting of the performance units.

25

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

17. Capital Transactions

The increase in the total number of shares outstanding in YTD 2013 and YTD 2012 was due to the issuance of the 20,120 and 22,320 shares, respectively, of Class B Common Stock related to the Performance Unit Award Agreement in each year.

Compensation expense for the Performance Unit Award Agreement recognized in YTD 2013 was $1.9 million, which was based upon a common stock share price of $63.36 on September 27, 2013. Compensation expense for the Performance Unit Award Agreement recognized in YTD 2012 was $2.0 million, which was based upon a common stock share price of $68.10 on September 28, 2012.

18. Benefit Plans

Pension Plans

All benefits under the primary Company-sponsored pension plan were frozen as of June 30, 2006 and no benefits have accrued to participants after this date. The Company also sponsors a pension plan for certain employees under collective bargaining agreements. Benefits under the pension plan for collectively bargained employees are determined in accordance with negotiated formulas for the respective participants. Contributions to the plans are based on actuarial determined amounts and are limited to the amounts currently deductible for income tax purposes.

The components of net periodic pension cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	32		$	28		$	96		$	83
Interest cost		3,086			3,124			9,258			9,371
Expected return on plan assets		(3,546	)		(2,973	)		(10,640	)		(8,918	)
Amortization of prior service cost		4			5			12			15
Recognized net actuarial loss		837			693			2,513			2,080
Net periodic pension cost	$	413		$	877		$	1,239		$	2,631

The Company contributed $0.1 million to the Company-sponsored pension plans during YTD 2013. Anticipated contributions for the two Company-sponsored pension plans will be in the range of $2 million to $3 million during the remainder of 2013.

In Q3 2013, the Company announced a limited Lump Sum Window distribution of present valued pension benefits to certain terminated plan participants meeting certain criteria. The benefit election window was open during Q3 2013 and benefit distributions will be made during Q4 2013. Based upon the number of plan participants electing to take a distribution, and the total amount of such distributions, the Company will incur a non-cash charge of approximately $12 million in Q4 2013 when the distributions are made in accordance with the relevant accounting standards. The reduction in the number of plan participants and the reduction of plan assets will reduce the cost of administering the pension plan in the future.

26

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

18. Benefit Plans

Postretirement Benefits

The Company provides postretirement benefits for a portion of its current employees. The Company recognizes the cost of postretirement benefits, which consist principally of medical benefits, during employees’ periods of active service. The Company does not pre-fund these benefits and has the right to modify or terminate certain of these benefits in the future.

The components of net periodic postretirement benefit cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	412		$	316		$	1,238		$	948
Interest cost		715			781			2,145			2,344
Recognized net actuarial loss		700			613			2,100			1,838
Amortization of prior service cost		(377	)		(379	)		(1,133	)		(1,137	)
Net periodic postretirement benefit cost	$	1,450		$	1,331		$	4,350		$	3,993

401(k) Savings Plan

The Company provides a 401(k) Savings Plan for substantially all of its full-time employees who are not part of collective bargaining agreements.

During 2012, the Company changed the Company’s 401(k) Saving Plan matching contribution from fixed to discretionary, maintaining the option to make matching contributions for eligible participants of up to 5% based on the Company’s financial results for 2012 and future years. The 5% matching contribution was accrued during 2012. Based on the Company’s financial results, the Company decided to match 5% of eligible participants’ contributions for the entire year of 2012. The Company made this contribution payment for 2012 in Q1 2013. The Company has accrued the 5% discretionary matching contribution for YTD 2013, as this is the best estimate of the Company’s probable obligation. The total expense for this benefit was $5.8 million and $6.4 million in YTD 2013 and YTD 2012, respectively.

Multi-Employer Benefits

The Company currently has a liability to a multi-employer pension plan related to the Company’s exit from the plan in 2008. As of September 29, 2013, the Company had a liability of $9.4 million recorded. The Company is required to make payments of approximately $1 million each year through 2028 to this multi-employer pension plan.

27

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

19. Related Party Transactions

The Company’s business consists primarily of the production, marketing and distribution of nonalcoholic beverages of The Coca-Cola Company, which is the sole owner of the secret formulas under which the primary components (either concentrate or syrup) of its soft drink products are manufactured. As of September 29, 2013, The Coca-Cola Company had a 34.8% interest in the Company’s total outstanding Common Stock, representing 5.0% of the total voting power of the Company’s Common Stock and Class B Common Stock voting together as a single class. The Coca-Cola Company does not own any shares of Class B Common Stock of the Company.

The following table summarizes the significant transactions between the Company and The Coca-Cola Company:

	First Nine Months
In Millions	2013		2012
Payments by the Company for concentrate, syrup, sweetener and other purchases	$	309.9	$	313.9
Marketing funding support payments to the Company		32.6		33.1
Payments by the Company net of marketing funding support	$	277.3	$	280.8
Payments by the Company for customer marketing programs	$	43.2	$	43.1
Payments by the Company for cold drink equipment parts		6.9		7.1
Fountain delivery and equipment repair fees paid to the Company		9.4		9.1
Presence marketing funding support provided by The Coca-Cola Company on the Company’s behalf		4.0		2.6
Payments to the Company to facilitate the distribution of certain brands and packages to other Coca-Cola bottlers		3.0		2.1

The Company has a production arrangement with Coca-Cola Refreshments USA Inc. (“CCR”) to buy and sell finished products at cost. CCR is a wholly-owned subsidiary of The Coca-Cola Company. Sales to CCR under this arrangement were $45.4 million and $49.2 million in YTD 2013 and YTD 2012, respectively. Purchases from CCR under this arrangement were $34.9 million and $23.3 million in YTD 2013 and YTD 2012, respectively. In addition, CCR distributes one of the Company’s own brands (Tum-E Yummies). Total sales to CCR for this brand were $19.3 million and $18.3 million in YTD 2013 and YTD 2012, respectively.

Along with all other Coca-Cola bottlers in the United States, the Company is a member in Coca-Cola Bottlers’ Sales and Services Company, LLC (“CCBSS”), which was formed in 2003 for the purposes of facilitating various procurement functions and distributing certain specified beverage products of The Coca-Cola Company with the intention of enhancing the efficiency and competitiveness of the Coca-Cola bottling system in the United States. CCBSS negotiates the procurement for the majority of the Company’s raw materials (excluding concentrate). The Company pays an administrative fee to CCBSS for its services. Administrative fees to CCBSS for its services were $0.3 million in both YTD 2013 and YTD 2012. Amounts due from CCBSS for rebates on raw materials were $5.0 million, $3.8 million and $4.0 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively. CCR is also a member of CCBSS.

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

19. Related Party Transactions

The Company is a member of SAC, a manufacturing cooperative. SAC sells finished products to the Company and Piedmont at cost. Purchases from SAC by the Company and Piedmont for finished products were $104.7 million and $106.9 million in YTD 2013 and YTD 2012, respectively. The Company also manages the operations of SAC pursuant to a management agreement. Management fees earned from SAC were $1.2 million and $1.1 million in YTD 2013 and YTD 2012, respectively. The Company has also guaranteed a portion of debt for SAC. Such guarantee amounted to $21.9 million as of September 29, 2013. The Company’s equity investment in SAC was $4.1 million as of September 29, 2013, December 30, 2012 and September 30, 2012 and was recorded in other assets on the Company’s consolidated balance sheets.

The Company is a shareholder in two entities from which it purchases a majority of its requirements for plastic bottles. Net purchases from these entities were $60.4 million in YTD 2013 and $63.3 million in YTD 2012. In conjunction with the Company’s participation in one of these entities, Southeastern, the Company has guaranteed a portion of the entity’s debt. Such guarantee amounted to $11.6 million as of September 29, 2013. The Company’s equity investment in Southeastern was $20.8 million, $19.5 million and $19.5 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively, and was recorded in other assets on the Company’s consolidated balance sheets.

The Company holds no assets as collateral against SAC or Southeastern guarantees, the fair value of which is immaterial.

The Company monitors its investments in cooperatives and would be required to write down its investment if an impairment is identified and the Company determined it to be other than temporary. No impairment of the Company’s investments in cooperatives has been identified as of September 29, 2013 nor was there any impairment in 2012.

The Company leases from Harrison Limited Partnership One (“HLP”) the Snyder Production Center (“SPC”) and an adjacent sales facility, which are located in Charlotte, North Carolina. HLP is directly and indirectly owned by trusts of which J. Frank Harrison, III, Chairman of the Board of Directors and Chief Executive Officer of the Company, and Deborah H. Everhart, a director of the Company, are trustees and beneficiaries. Morgan H. Everett, a director of the Company, is a permissible, discretionary beneficiary of the trusts that directly or indirectly own HLP. The lease expires on December 31, 2020. The principal balance outstanding under this capital lease as of September 29, 2013, December 30, 2012 and September 30, 2012 was $22.7 million, $24.1 million and $24.6 million, respectively. Rental payments related to this lease were $2.7 million and $2.6 million in YTD 2013 and YTD 2012, respectively.

The Company leases from Beacon Investment Corporation (“Beacon”) the Company’s headquarters office facility and an adjacent office facility. The lease expires on December 31, 2021. Beacon’s sole shareholder is J. Frank Harrison, III. The principal balance outstanding under this capital lease as of September 29, 2013, December 30, 2012 and September 30, 2012 was $23.5 million, $25.1 million and $25.6 million, respectively. Rental payments related to this lease were $3.1 million and $3.0 million in YTD 2013 and YTD 2012, respectively.

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

20. Net Sales by Product Category

Net sales by product category were as follows:

	Third Quarter				First Nine Months
In Thousands	2013		2012		2013		2012
Bottle/can sales:
Sparkling beverages (including energy products)	$	273,905	$	271,279	$	798,271	$	809,640
Still beverages		73,336		68,256		196,352		186,067
Total bottle/can sales		347,241		339,535		994,623		995,707
Other sales:
Sales to other Coca-Cola bottlers		42,030		39,160		126,621		111,855
Post-mix and other		45,193		41,160		125,750		120,171
Total other sales		87,223		80,320		252,371		232,026
Total net sales	$	434,464	$	419,855	$	1,246,994	$	1,227,733

Sparkling beverages are carbonated beverages as well as energy products while still beverages are noncarbonated beverages.

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

21. Net Income Per Share

The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method:

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	16,169	$	10,079	$	32,260	$	25,391
Less dividends:
Common Stock		1,785		1,785		5,356		5,356
Class B Common Stock		527		522		1,577		1,561
Total undistributed earnings	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – basic	$	10,698	$	6,013	$	19,563	$	14,301
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Total undistributed earnings – basic	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – diluted	$	10,652	$	5,987	$	19,479	$	14,239
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Total undistributed earnings – diluted	$	13,857	$	7,772	$	25,327	$	18,474
Numerator for basic net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Common Stock undistributed earnings – basic		10,698		6,013		19,563		14,301
Numerator for basic net income per Common Stock share	$	12,483	$	7,798	$	24,919	$	19,657
Numerator for basic net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Numerator for basic net income per Class B Common Stock share	$	3,686	$	2,281	$	7,341	$	5,734

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

21. Net Income Per Share

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for diluted net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Dividends on Class B Common Stock assumed converted to Common Stock		527		522		1,577		1,561
Common Stock undistributed earnings – diluted		13,857		7,772		25,327		18,474
Numerator for diluted net income per Common Stock share	$	16,169	$	10,079	$	32,260	$	25,391
Numerator for diluted net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Numerator for diluted net income per Class B Common Stock share	$	3,732	$	2,307	$	7,425	$	5,796

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

21. Net Income Per Share

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Denominator for basic net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141		7,141		7,141		7,141
Class B Common Stock weighted average shares outstanding – basic		2,109		2,089		2,104		2,084
Denominator for diluted net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,290		9,270		9,285		9,265
Class B Common Stock weighted average shares outstanding – diluted		2,149		2,129		2,144		2,124
Basic net income per share:
Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Class B Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Diluted net income per share:
Common Stock	$	1.74	$	1.09	$	3.47	$	2.74
Class B Common Stock	$	1.74	$	1.08	$	3.46	$	2.73

NOTES TO TABLE

(1) For purposes of the diluted net income per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.

(2) For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

(3) Denominator for diluted net income per share for Common Stock and Class B Common Stock includes the dilutive effect of shares relative to the Performance Unit Award.

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

22. Risks and Uncertainties

Approximately 88% of the Company’s YTD 2013 bottle/can volume to retail customers are products of The Coca-Cola Company, which is the sole supplier of these products or of the concentrates or syrups required to manufacture these products. The remaining 12% of the Company’s YTD 2013 bottle/can volume to retail customers are products of other beverage companies or those owned by the Company. The Company has beverage agreements under which it has various requirements to meet. Failure to meet the requirements of these beverage agreements could result in the loss of distribution rights for the respective product.

The Company’s products are sold and distributed directly by its employees to retail stores and other outlets. During both YTD 2013 and YTD 2012, approximately 68% of the Company’s bottle/can volume to retail customers was sold for future consumption, while the remaining bottle/can volume to retail customers of approximately 32% was sold for immediate consumption. The Company’s largest customers, Wal-Mart Stores, Inc. and Food Lion, LLC, accounted for approximately 21% and 8%, respectively, of the Company’s total bottle/can volume to retail customers in YTD 2013; and accounted for approximately 22% and 8%, respectively, of the Company’s total bottle/can volume to retail customers in YTD 2012. Wal-Mart Stores, Inc. accounted for approximately 14% and 15% of the Company’s total net sales during YTD 2013 and YTD 2012, respectively. No other customer represented greater than 10% of the Company’s total net sales for YTD 2013 or YTD 2012.

The Company obtains all of its aluminum cans from two domestic suppliers. The Company currently obtains a majority of its plastic bottles from two domestic entities. See Note 14 and Note 19 to the consolidated financial statements for additional information.

The Company is exposed to price risk on such commodities as aluminum, corn and resin which affects the cost of raw materials used in the production of finished products. The Company both produces and procures these finished products. Examples of the raw materials affected are aluminum cans and plastic bottles used for packaging and high fructose corn syrup used as a product ingredient. Further, the Company is exposed to commodity price risk on crude oil which impacts the Company’s cost of fuel used in the movement and delivery of the Company’s products. The Company participates in commodity hedging and risk mitigation programs administered both by CCBSS and by the Company. In addition, there is no limit on the price The Coca-Cola Company and other beverage companies can charge for concentrate.

Certain liabilities of the Company are subject to risk due to changes in both long-term and short-term interest rates. These liabilities include floating rate debt, retirement benefit obligations and the Company’s pension liability.

Approximately 7% of the Company’s labor force is covered by collective bargaining agreements. One collective bargaining agreement covering approximately .4% of the Company’s employees expired during 2012 and the Company entered into a new agreement during 2012. One collective bargaining agreement covering approximately .3% of the Company’s employees expired during Q1 2013 and the Company entered into a new agreement in Q1 2013. One collective bargaining agreement covering approximately .4% of the Company’s employees will expire in Q4 2013.

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Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

23. Supplemental Disclosures of Cash Flow Information

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

	First Nine Months
In Thousands	2013			2012
Accounts receivable, trade, net	$	(10,544	)	$	(5,638	)
Accounts receivable from The Coca-Cola Company		(9,028	)		(11,137	)
Accounts receivable, other		(1,650	)		2,291
Inventories		(4,331	)		(8,334	)
Prepaid expenses and other current assets		802			1,405
Accounts payable, trade		7,085			7,120
Accounts payable to The Coca-Cola Company		15,533			7,881
Other accrued liabilities		(1,255	)		8,723
Accrued compensation		(6,298	)		(4,885	)
Accrued interest payable		5,320			6,673
(Increase) decrease in current assets less current liabilities	$	(4,366	)	$	4,099

Non-cash activity

Additions to property, plant and equipment of $2.0 million and $2.2 million have been accrued but not paid and are recorded in accounts payable, trade as of September 29, 2013 and September 30, 2012, respectively.

24. New Accounting Pronouncements

Recently Adopted Pronouncements

In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance that is intended to enhance current disclosures on offsetting financial assets and liabilities. The new guidance requires an entity to disclose both gross and net information about financial instruments eligible for offset on the balance sheet and instruments and transactions subject to an agreement similar to a master netting arrangement. The provisions of the new guidance are effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The new guidance did not have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB issued new guidance which establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income. The new guidance requires a company to report the effect of significant reclassifications from accumulated other comprehensive income to the respective line items in net income or cross-reference to other disclosures for items not reclassified entirely to net income. The new guidance was effective for annual and interim periods beginning after December 15, 2012. The new guidance expands disclosure of other comprehensive income but does not change the manner in which items of other comprehensive income are accounted or the way in which net income or other comprehensive income is reported in the financial statements. The Company elected to report this information within the notes to the consolidated financial statements.

35

Coca-Cola Bottling Co. Consolidated

Notes to Consolidated Financial Statements (Unaudited)

24. New Accounting Pronouncements

Recently Issued Pronouncements

In July 2013, the FASB issued new guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The provisions of the new guidance are effective for fiscal years beginning after December 15, 2013 with early adoption permitted. The Company does not expect the requirements of this new guidance to have a material impact on the Company’s consolidated financial statements.

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Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.

Revision of Prior Period Financial Statements

During the fourth quarter of 2012, Coca-Cola Bottling Co. Consolidated (“the Company”) identified an error in the treatment of a certain prior year deferred tax asset in the Consolidated Balance Sheets. This resulted in an understatement of the net noncurrent deferred income tax liability and an overstatement of retained earnings, and therefore equity, for each of the impacted periods. This error affected the Consolidated Balance Sheets and Consolidated Statements of Changes in Stockholders’ Equity as presented in each of the quarters of 2012. The Company has revised prior period financial statements to correct this immaterial error. Refer to Note 1 Significant Accounting Policies – Revision of Prior Financial Statements for further details. This revision did not affect the Company’s Consolidated Statements of Operations or Consolidated Statements of Cash Flows for any of these periods. The discussion and analysis included herein is based on the financial results (and revised Consolidated Balance Sheets and Consolidated Statements of Changes in Stockholders’ Equity) for the periods ended September 29, 2013, December 30, 2012 and September 30, 2012.

Introduction

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations (“M,D&A”) of Coca-Cola Bottling Co. Consolidated (the “Company”) should be read in conjunction with the Company’s consolidated financial statements and the accompanying notes to the consolidated financial statements. M,D&A includes the following sections:

• Our Business and the Nonalcoholic Beverage Industry – a general description of the Company’s business and the nonalcoholic beverage industry.

• Areas of Emphasis – a summary of the Company’s key priorities.

• Overview of Operations and Financial Condition – a summary of key information and trends concerning the financial results for the third quarter of 2013 (“Q3 2013”) and the first nine months of 2013 (“YTD 2013”) and changes from the third quarter of 2012 (“Q3 2012”) and the first nine months of 2012 (“YTD 2012”).

• Discussion of Critical Accounting Policies, Estimates and New Accounting Pronouncements – a discussion of accounting policies that are most important to the portrayal of the Company’s financial condition and results of operations and that require critical judgments and estimates and the expected impact of new accounting pronouncements.

• Results of Operations – an analysis of the Company’s results of operations for Q3 2013 and YTD 2013 compared to Q3 2012 and YTD 2012, respectively.

• Financial Condition – an analysis of the Company’s financial condition as of the end of Q3 2013 compared to year-end 2012 and the end of Q3 2012 as presented in the consolidated financial statements.

• Liquidity and Capital Resources – an analysis of capital resources, cash sources and uses, operating activities, investing activities, financing activities, off-balance sheet arrangements, aggregate contractual obligations and hedging activities.

• Cautionary Information Regarding Forward-Looking Statements.

The consolidated financial statements include the consolidated operations of the Company and its majority-owned subsidiaries including Piedmont Coca-Cola Bottling Partnership (“Piedmont”). The noncontrolling interest primarily consists of The Coca-Cola Company’s interest in Piedmont, which was 22.7% for all periods presented.

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In Q3 2013, the Company recorded an out-of-period adjustment of $1.3 million for reimbursements received in the third quarter from brand companies for net price reductions to certain of our customers on their products that occurred in the previous two quarters. This out-of-period item did not have a material impact on the current or either of the previously reported periods.

In Q3 2013, the Company announced a limited Lump Sum Window distribution of present valued pension benefits to certain terminated plan participants meeting certain criteria. The benefit election window was open during Q3 2013 and benefit distributions will be made during the fourth quarter of 2013 (“Q4 2013”). Based upon the number of plan participants electing to take a distribution, and the total amount of such distributions, the Company will incur a non-cash charge of approximately $12 million in Q4 2013 when the distributions are made in accordance with the relevant accounting standards. The reduction in the number of plan participants and the reduction of plan assets will reduce the cost of administering the pension plan in the future. On September 4, 2013, the Company entered into an amendment to its $200 million five-year unsecured revolving credit facility (“$200 million facility”). The amendment clarified that the non-cash charge to be incurred by the Company in Q4 2013 will be excluded from the calculation of the financial covenants of the $200 million facility to the extent that the non-cash charge is recognized on or before December 31, 2013 and does not exceed $12.0 million.

Proposed Expansion of Company’s Franchised Territory

The Company announced on April 16, 2013 that it had signed a non-binding letter of intent with The Coca-Cola Company to expand the Company's franchise territory to include distribution rights in parts of Tennessee and Kentucky that include such major markets as Knoxville, Tennessee and Lexington and Louisville, Kentucky. The parties have subsequently agreed to include Evansville, Indiana in the proposed expanded franchise territory. Coca-Cola Refreshments USA, Inc. ("CCR"), a wholly owned subsidiary of The Coca-Cola Company, currently serves all of the proposed expanded territory.

The Company would acquire distribution rights in the expanded territory for brands owned by The Coca-Cola Company by entering into a sub-bottling arrangement with CCR requiring the Company to make ongoing payments to CCR. CCR would also transfer to the Company its rights to distribute the brands currently distributed by CCR in the proposed expanded territory that are not owned by The Coca-Cola Company. In addition to distribution rights, the Company would also acquire from CCR certain distribution assets and certain working capital associated with CCR’s operations in the expanded territory. The Company would not acquire any production assets from CCR and would not have production rights in the proposed expanded territory, but would enter into a product supply and such other agreements as may be necessary for the Company to serve the expanded territory. The consideration for the proposed transaction also involves the Company exchanging with CCR certain franchised territories the Company currently serves in western Tennessee for portions of the expanded territory.

This proposed transaction with The Coca-Cola Company remains subject to the parties reaching definitive agreements by the end of 2013 with the transaction currently expected to close in more than one closing occurring between May and December 2014 involving different parts of the expanded territory. The parties are continuing to negotiate the terms and conditions of definitive agreements and related documentation, however, and there is no assurance that the parties will enter into such agreements or that any of the anticipated closings will occur.

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Our Business and the Nonalcoholic Beverage Industry

The Company produces, markets and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company, which include some of the most recognized and popular beverage brands in the world. The Company is the largest independent bottler of products of The Coca-Cola Company in the United States, distributing these products in eleven states primarily in the Southeast. The Company also distributes several other beverage brands. These product offerings include both sparkling and still beverages. Sparkling beverages are carbonated beverages, including energy products. Still beverages are noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks. The Company had full year net sales of $1.6 billion in 2012.

The nonalcoholic beverage market is highly competitive. The Company’s competitors include bottlers and distributors of nationally and regionally advertised and marketed products and private label products. In each region in which the Company operates, between 85% and 95% of sparkling beverage sales in bottles, cans and other containers are accounted for by the Company and its principal competitors, which in each region includes the local bottler of Pepsi-Cola and, in some regions, the local bottler of Dr Pepper, Royal Crown and/or 7-Up products. The sparkling beverage category (including energy products) represents approximately 80% of the Company’s YTD 2013 bottle/can net sales.

The principal methods of competition in the nonalcoholic beverage industry are point-of-sale merchandising, new product introductions, new vending and dispensing equipment, packaging changes, pricing, price promotions, product quality, retail space management, customer service, frequency of distribution and advertising. The Company believes it is competitive in its territories with respect to each of these methods.

Historically, operating results for the third quarter and first nine months of the fiscal year have not been representative of results for the entire fiscal year. Business seasonality results primarily from higher unit sales of the Company’s products in the second and third quarters versus the first and fourth quarters of the fiscal year. Fixed costs, such as depreciation expense, are not significantly impacted by business seasonality.

The Company performs its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter. During YTD 2013, the Company did not experience any triggering events or changes in circumstances that indicated the carrying amounts of the Company’s franchise rights or goodwill exceeded fair values. As such, the Company has not recognized any impairments of franchise rights or goodwill.

Net sales by product category were as follows:

	Third Quarter				First Nine Months
In Thousands	2013		2012		2013		2012
Bottle/can sales:
Sparkling beverages (including energy products)	$	273,905	$	271,279	$	798,271	$	809,640
Still beverages		73,336		68,256		196,352		186,067
Total bottle/can sales		347,241		339,535		994,623		995,707
Other sales:
Sales to other Coca-Cola bottlers		42,030		39,160		126,621		111,855
Post-mix and other		45,193		41,160		125,750		120,171
Total other sales		87,223		80,320		252,371		232,026
Total net sales	$	434,464	$	419,855	$	1,246,994	$	1,227,733

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Areas of Emphasis

Key priorities for the Company include revenue management, product innovation and beverage portfolio expansion, distribution cost management and productivity.

Revenue Management

Revenue management requires a strategy which reflects consideration for pricing of brands and packages within product categories and channels, highly effective working relationships with customers and disciplined fact-based decision-making. Revenue management has been and continues to be a key performance driver which has significant impact on the Company’s results of operations.

Product Innovation and Beverage Portfolio Expansion

Innovation of both new brands and packages has been and is expected to continue to be important to the Company’s overall revenue. New packaging introductions over the last several years include the 1.25-liter bottle, the 7.5-ounce sleek can and the 2-liter contour bottle for Coca-Cola products.

The Company has invested in its own brand portfolio with products such as Tum-E Yummies, a vitamin C enhanced flavored drink, and Fuel in a Bottle power shots. These brands enable the Company to participate in strong growth categories and capitalize on distribution channels that may include the Company’s traditional Coca-Cola franchise territory as well as third party distributors outside the Company’s traditional Coca-Cola franchise territory. While the growth prospects of Company-owned or exclusively licensed brands appear promising, the cost of developing, marketing and distributing these brands is anticipated to be significant as well.

Distribution Cost Management

Distribution costs represent the costs of transporting finished goods from Company locations to customer outlets. Total distribution costs amounted to $151.0 million and $150.9 million in YTD 2013 and YTD 2012, respectively. Over the past several years, the Company has focused on converting its distribution system from a conventional routing system to a predictive system. This conversion to a predictive system has allowed the Company to more efficiently handle an increasing number of products. In addition, the Company has closed a number of smaller sales distribution centers over the past several years, reducing its fixed warehouse-related costs.

The Company has three primary delivery systems for its current business:

• bulk delivery for large supermarkets, mass merchandisers and club stores;

• advanced sales delivery for convenience stores, drug stores, small supermarkets and certain on-premise accounts; and

• full service delivery for its full service vending customers.

Distribution cost management will continue to be a key area of emphasis for the Company.

Productivity

A key driver in the Company’s selling, delivery and administrative (“S,D&A”) expense management relates to ongoing improvements in labor productivity and asset productivity.

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Overview of Operations and Financial Condition

The following items affect the comparability of the financial results presented below:

Q3 2013 and YTD 2013

• a $0.5 million pre-tax unfavorable mark-to-market adjustment to cost of sales related to the Company’s 2013 commodity hedging program in YTD 2013;

• a $1.2 million gain on the sale of a distribution facility that was no longer used in the first quarter of 2013 (“Q1 2013”);

• a $0.4 million decrease to income tax expense related to the American Taxpayer Relief Act in Q1 2013;

• a $3.1 million pre-tax favorable adjustment to net sales in Q3 2013 related to a refund of 2012 cooperative trade marketing funds paid by the Company to The Coca-Cola Company that were not spent in 2012;

• a $2.3 million decrease to income tax expense related to state tax legislation enacted during Q3 2013; and

• a $0.9 million decrease to income tax expense related to the reduction of the liability for uncertain tax positions in Q3 2013 primarily due to the lapse of the applicable statute of limitations.

Q3 2012 and YTD 2012

• a $1.0 million pre-tax favorable mark-to-market adjustment to cost of sales related to the Company’s 2013 aluminum hedging program in Q3 2012 and YTD 2012;

• a $0.4 million and a $1.2 million additional income tax expense to increase the valuation allowance for certain deferred tax assets of the Company in Q3 2012 and YTD 2012, respectively; and

• a $0.2 million decrease to income tax expense related to the reduction of the liability for uncertain tax positions in Q3 2012 primarily due to the lapse of applicable statute of limitations.

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The following overview provides a summary of key information concerning the Company’s financial results for Q3 2013 and YTD 2013 compared to Q3 2012 and YTD 2012.

	Third Quarter							%
In Thousands (Except Per Share Data)	2013		2012		Change			Change
Net sales	$	434,464	$	419,855	$	14,609			3.5
Cost of sales		258,352		248,927		9,425			3.8
Gross margin		176,112		170,928		5,184			3.0
S,D&A expenses		145,912		143,490		2,422			1.7
Income from operations		30,200		27,438		2,762			10.1
Interest expense, net		7,361		9,033		(1,672	)		(18.5	)
Income before taxes		22,839		18,405		4,434			24.1
Income tax expense		4,756		7,191		(2,435	)		(33.9	)
Net income		18,083		11,214		6,869			61.3
Net income attributable to the Company		16,169		10,079		6,090			60.4
Basic net income per share:
Common Stock	$	1.75	$	1.09	$	.66			60.6
Class B Common Stock	$	1.75	$	1.09	$	.66			60.6
Diluted net income per share:
Common Stock	$	1.74	$	1.09	$	.65			59.6
Class B Common Stock	$	1.74	$	1.08	$	.66			61.1
	First Nine Months							%
In Thousands (Except Per Share Data)	2013		2012		Change			Change
Net sales	$	1,246,994	$	1,227,733	$	19,261			1.6
Cost of sales		746,868		727,798		19,070			2.6
Gross margin		500,126		499,935		191			0.0
S,D&A expenses		427,539		425,315		2,224			0.5
Income from operations		72,587		74,620		(2,033	)		(2.7	)
Interest expense, net		22,149		27,183		(5,034	)		(18.5	)
Income before taxes		50,438		47,437		3,001			6.3
Income tax expense		14,550		19,228		(4,678	)		(24.3	)
Net income		35,888		28,209		7,679			27.2
Net income attributable to the Company		32,260		25,391		6,869			27.1
Basic net income per share:
Common Stock	$	3.49	$	2.75	$	.74			26.9
Class B Common Stock	$	3.49	$	2.75	$	.74			26.9
Diluted net income per share:
Common Stock	$	3.47	$	2.74	$	.73			26.6
Class B Common Stock	$	3.46	$	2.73	$	.73			26.7

The Company’s net sales increased 3.5% in Q3 2013 compared to Q3 2012. The Company’s net sales increased 1.6% in YTD 2013 compared to YTD 2012. The increase in net sales in Q3 2013 compared to Q3 2012 was primarily due to a .8% increase in bottle/can sales to retail customers price per unit, a 6.4% increase in sales volume to other Coca-Cola bottlers and a ..6% increase in bottle/can volume to retail customers. The increase in net sales YTD 2013 compared to YTD 2012 was primarily due to a 15.3% increase in sales volume to other Coca-Cola bottlers and a .7% increase in bottle/can sales to retail customers price per unit partially offset by 1.2%

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decrease in bottle/can volume to retail customers. The decrease in bottle/can volume to retail customers in YTD 2013 compared to YTD 2012 was primarily due to volume decrease in sparkling beverages. The increase in bottle/can volume to retail customers in Q3 2013 compared to Q3 2012 was primarily due to a volume increase in still beverages. The Company’s bottle/can volume to retail customers was impacted by cooler and wetter than normal weather in most of the Company’s territories during the first and second quarters of 2013. The increases in sales volume to other Coca-Cola bottlers in YTD 2013 compared to YTD 2012 was primarily due to an increase in sparkling can beverages. The Company’s sales volume increases to other Coca-Cola bottlers in YTD 2013 compared to YTD 2012 were primarily due to the closing of a can production facility by another Coca-Cola bottler; the Company replaced part of the closed facility’s production.

Gross margin dollars increased 3.0% in Q3 2013 compared to Q3 2012. The Company’s gross margin percentage decreased to 40.5% in Q3 2013 from 40.7% in Q3 2012. Gross margin dollars were materially unchanged in YTD 2013 compared to YTD 2012. The Company’s gross margin percentage decreased to 40.1% in YTD 2013 from 40.7% in YTD 2012. The decreases in gross margin percentages were primarily due to higher sales volume to other Coca-Cola bottlers which has lower gross margin than bottle/can retail sales, an increase in raw material costs and increased purchases of finished product partially offset by higher sales price per unit for sales to retail customers and the refund of the 2012 cooperative trade marketing funds.

S,D&A expenses increased 1.7% in Q3 2013 from Q3 2012. The increase in S,D&A expenses in Q3 2013 from Q3 2012 was attributable primarily to increased employee salaries and wages, increased professional fees and increased bonus and incentive expenses, offset by decreased property and casualty insurance expense. S,D&A expenses increased .5% in YTD 2013 from YTD 2012. Similar to the quarter, the increase in S,D&A expenses in YTD 2013 from YTD 2012 was attributable primarily to increased employee salaries and wages, increased professional fees, increased bonus and incentive expense, offset by decreased depreciation and amortization expense of property, plant and equipment, decreased marketing expense, decreased property and casualty insurance expense and a gain on the sale of a distribution facility that was no longer used.

Net interest expense decreased 18.5% in YTD 2013 compared to YTD 2012. The decrease was primarily due to the repayment at maturity of $150 million of Senior Notes in November 2012. The Company’s overall weighted average interest rate on its debt and capital lease obligations decreased to 5.8% during YTD 2013 from 6.1% during YTD 2012.

Income tax expense decreased 24.3% in YTD 2013 as compared to YTD 2012. The decrease to income tax expense was primarily due to a reduction of $0.4 million associated with the American Taxpayer Relief Act enacted on January 2, 2013, a reduction of $2.3 million associated with state tax legislation that reduced the corporate tax rate and a reduction of $0.9 million related to a decrease to the liability for uncertain tax positions.

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Net debt and capital lease obligations were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Debt	$	413,520	$	423,386	$	523,344
Capital lease obligations		66,110		69,581		70,802
Total debt and capital lease obligations		479,630		492,967		594,146
Less: Cash and cash equivalents		25,283		10,399		112,661
Total net debt and capital lease obligations (1)	$	454,347	$	482,568	$	481,485

(1) The non-GAAP measure “Total net debt and capital lease obligations” is used to provide investors with additional information which management believes is helpful in the evaluation of the Company’s capital structure and financial leverage. This non-GAAP financial information is not presented elsewhere in this report and may not be comparable to the similarly titled measures used by other companies. Additionally, this information should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP.

Discussion of Critical Accounting Policies, Estimates and New Accounting Pronouncements

Critical Accounting Policies and Estimates

In the ordinary course of business, the Company has made a number of estimates and assumptions relating to the reporting of results of operations and financial position in the preparation of its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. Actual results could differ significantly from those estimates under different assumptions and conditions. The Company included in its Annual Report on Form 10-K for the year ended December 30, 2012 a discussion of the Company’s most critical accounting policies, which are those most important to the portrayal of the Company’s financial condition and results of operations and require management’s most difficult, subjective and complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain.

The Company did not make changes in any critical accounting policies during YTD 2013. Any changes in critical accounting policies and estimates are discussed with the Audit Committee of the Board of Directors of the Company during the quarter in which a change is made.

New Accounting Pronouncements

Recently Adopted Pronouncements

In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance that is intended to enhance current disclosures on offsetting financial assets and liabilities. The new guidance requires an entity to disclose both gross and net information about financial instruments eligible for offset on the balance sheet and instruments and transactions subject to an agreement similar to a master netting arrangement. The provisions of the new guidance are effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The new guidance did not have a material impact on the Company’s consolidated financial statements.

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In February 2013, the FASB issued new guidance which establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income. The new guidance requires a company to report the effect of significant reclassifications from accumulated other comprehensive income to the respective line items in net income or cross-reference to other disclosures for items not reclassified entirely to net income. The new guidance was effective for annual and interim periods beginning after December 15, 2012. The new guidance expands disclosure of other comprehensive income but does not change the manner in which items of other comprehensive income are accounted or the way in which net income or other comprehensive income is reported in the financial statements. The Company elected to report this information within the notes to the consolidated financial statements.

Recently Issued Pronouncements

In July 2013, the FASB issued new guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The provisions of the new guidance are effective for fiscal years beginning after December 15, 2013 with early adoption permitted. The Company does not expect the requirements of this new guidance to have a material impact on the Company’s consolidated financial statements.

Results of Operations

Q3 2013 Compared to Q3 2012 and YTD 2013 Compared to YTD 2012

Net Sales

Net sales increased $14.6 million, or 3.5%, to $434.5 million in Q3 2013 compared to $419.9 million in Q3 2012. Net sales increased $19.3 million, or 1.6%, to $1,247.0 million in YTD 2013 compared to $1,227.7 million in YTD 2012.

The increase in net sales for Q3 2013 compared to Q3 2012 was principally attributable to the following:

Q3 2013			Attributable to:
(In Millions)
$	3.1		Refund of 2012 cooperative trade marketing funds paid to The Coca-Cola Company based on updated information related to the collective marketing funds paid by the Company and other non-related bottlers maintained by The Coca-Cola Company that was not available until the current quarter. The amount previously paid and expensed by the Company was in accordance with the agreed upon contractual rate and the refund represented a change in estimate.
	2.5		.8% increase in bottle/can sales price per unit primarily due to an increase in sales price per unit in sparkling beverages except energy products
	2.5		6.4% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling beverages
	2.1		.6% increase in bottle/can volume to retail customers primarily due to a volume increase in still beverages
	1.9		Increase in freight revenue
	(0.6	)	2.7% decrease in post-mix sales volume
	0.6		2.5% increase in post-mix sales price per unit
	2.5		Other
$	14.6		Total increase in net sales

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The increase in net sales for YTD 2013 compared to YTD 2012 was principally attributable to the following:

YTD 2013			Attributable to:
(In Millions)
$	17.2		15.3% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling can beverages
	(11.5	)	1.2% decrease in bottle/can volume to retail customers primarily due to a volume decrease in sparkling beverages except energy products
	7.3		.7% increase in bottle/can sales price per unit primarily due to an increase in sales price per unit in sparkling beverages except energy products
	3.2		Increase in freight revenue
	3.1		Refund of 2012 cooperative trade marketing funds paid to The Coca-Cola Company based on updated information related to the collective marketing funds paid by the Company and other non-related bottlers maintained by The Coca-Cola Company that was not available until the current quarter. The amount previously paid and expensed by the Company was in accordance with the agreed upon contractual rate and the refund represented a change in estimate.
	(2.4	)	1.8% decrease in sales price per unit of sales to other Coca-Cola bottlers primarily due to an increase in sparkling beverage sales volume which has lower sales price per unit
	(2.4	)	3.6% decrease in post-mix sales volume
	1.2		1.9% increase in post-mix sales price per unit
	3.6		Other
$	19.3		Total increase in net sales

The Company’s bottle/can volume was impacted by cooler and wetter than normal weather in most of the Company’s territories during the first and second quarters of 2013. The Company’s sales volume increases to other Coca-Cola bottlers were primarily due to the closing of a can production facility by another bottler; the Company replaced part of the closed facility’s production.

In YTD 2013, the Company’s bottle/can sales to retail customers accounted for approximately 80% of the Company’s total net sales. Bottle/can net pricing is based on the invoice price charged to customers reduced by promotional allowances. Bottle/can net pricing per unit is impacted by the price charged per package, the volume generated in each package and the channels in which those packages are sold.

Product category sales volume in Q3 2013 and Q3 2012 and YTD 2013 and YTD 2012 as a percentage of total bottle/can sales volume and the percentage change by product category was as follows:

	Bottle/Can Sales Volume						Bottle/Can Sales Volume
Product Category	Q3 2013			Q3 2012			% Increase (Decrease)
Sparkling beverages (including energy products)		78.7	%		80.3	%	(1.4)
Still beverages		21.3	%		19.7	%	9.0
Total bottle/can sales volume		100.0	%		100.0	%	0.6

	Bottle/Can Sales Volume						Bottle/Can Sales Volume
Product Category	YTD 2013			YTD 2012			% Increase (Decrease)
Sparkling beverages (including energy products)		80.5	%		82.1	%	(3.1)
Still beverages		19.5	%		17.9	%	7.6
Total bottle/can sales volume		100.0	%		100.0	%	(1.2)

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The Company’s products are sold and distributed through various channels. They include selling directly to retail stores and other outlets such as food markets, institutional accounts and vending machine outlets. During both YTD 2013 and YTD 2012, approximately 68% of the Company’s bottle/can volume was sold for future consumption, while the remaining bottle/can volume of approximately 32% was sold for immediate consumption. The Company’s largest customer, Wal-Mart Stores, Inc., accounted for approximately 21% and 22% of the Company’s total bottle/can volume during YTD 2013 and YTD 2012, respectively. The Company’s second largest customer, Food Lion, LLC, accounted for approximately 8% of the Company’s total bottle/can volume during both YTD 2013 and YTD 2012. All of the Company’s beverage sales are to customers in the United States.

The Company recorded delivery fees in net sales of $4.8 million and $5.3 million in YTD 2013 and YTD 2012, respectively. These fees are used to offset a portion of the Company’s delivery and handling costs.

Cost of Sales

Cost of sales includes the following: raw material costs, manufacturing labor, manufacturing overhead including depreciation expense, manufacturing warehousing costs and shipping and handling costs related to the movement of finished goods from manufacturing locations to sales distribution centers.

Cost of sales increased 3.8%, or $9.4 million, to $258.4 million in Q3 2013 compared to $248.9 million in Q3 2012. Cost of sales increased 2.6%, or $19.1 million, to $746.9 million in YTD 2013 compared to $727.8 million in YTD 2012.

The increase in cost of sales for Q3 2013 compared to Q3 2012 was principally attributable to the following:

Q3 2013			Attributable to:
(In Millions)
$	2.4		6.4% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling beverages
	1.8		Increase in raw material costs and increased purchases of finished products
	1.5		Increase in freight cost of sales
	1.3		.6% increase in bottle/can volume to retail customers primarily due to a volume increase in still beverages
	1.0		Increase in cost due to the Company’s commodity hedging program
	0.7		Decrease in marketing funding support received primarily from The Coca-Cola Company
	(0.4	)	2.7% decrease in post-mix sales volume
	1.1		Other
$	9.4		Total increase in cost of sales

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The increase in cost of sales for YTD 2013 compared to YTD 2012 was principally attributable to the following:

YTD 2013			Attributable to:
(In Millions)
$	16.5		15.3% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling can beverages
	(6.8	)	1.2% decrease in bottle/can volume to retail customers primarily due to a volume decrease in sparkling beverages except energy products
	5.0		Increase in raw material costs and increased purchases of finished products
	(2.2	)	Decrease in per unit cost of sales to other Coca-Cola bottlers primarily due to an increase in sparkling can sales volume which has a lower cost per unit than other products
	2.1		Increase in freight cost of sales
	2.0		Increase in cost due to the Company’s commodity hedging program
	1.7		Decrease in marketing funding support received primarily from The Coca-Cola Company
	(1.6	)	3.6% decrease in post-mix sales volume
	2.4		Other
$	19.1		Total increase in cost of sales

The following inputs represent a substantial portion of the Company’s total cost of sales: (1) sweeteners, (2) packaging materials, including plastic bottles and aluminum cans, and (3) finished products purchased from other vendors. The Company anticipates that the costs of some of the underlying commodities related to these inputs will have a smaller increase in 2013 compared to 2012.

The Company entered into an agreement (the “Incidence Pricing Agreement”) in 2008 with The Coca-Cola Company to test an incidence-based concentrate pricing model for 2008 for all Coca-Cola Trademark Beverages and Allied Beverages for which the Company purchases concentrate from The Coca-Cola Company. During the term of the Incidence Pricing Agreement, the pricing of the concentrates for the Coca-Cola Trademark Beverages and Allied Beverages is governed by the Incidence Pricing Agreement rather than the Cola and Allied Beverage Agreements. The concentrate price under the Incidence Pricing Agreement is impacted by a number of factors including the Company’s pricing of finished products, the channels in which the finished products are sold and package mix. The Coca-Cola Company must give the Company at least 90 days written notice before changing the price the Company pays for the concentrate. The Incidence Pricing Agreement has been extended twice and will remain in effect for the purchase of concentrate through December 31, 2013. The Company plans to extend the Incidence Pricing Agreement again after December 31, 2013.

The Company relies extensively on advertising and sales promotion in the marketing of its products. The Coca-Cola Company and other beverage companies that supply concentrates, syrups and finished products to the Company make substantial marketing and advertising expenditures to promote sales in the local territories served by the Company. The Company also benefits from national advertising programs conducted by The Coca-Cola Company and other beverage companies. Certain marketing expenditures by The Coca-Cola Company and other beverage companies are made pursuant to annual arrangements. Although The Coca-Cola Company has advised the Company that it intends to continue to provide marketing funding support, it is not obligated to do so under the Company’s Beverage Agreements. Significant decreases in marketing funding support from The Coca-Cola Company or other beverage companies could adversely impact operating results of the Company in the future.

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Total marketing funding support from The Coca-Cola Company and other beverage companies, which includes direct payments to the Company in 2013 and includes direct payments to the Company and payments to customers for marketing programs in 2012, was $13.4 million for Q3 2013 compared to $14.1 million for Q3 2012 and $38.7 million for YTD 2013 compared to $40.4 million for YTD 2012.

Gross Margin

Gross margin dollars increased 3.0%, or $5.2 million, to $176.1 million in Q3 2013 compared to $170.9 million in Q3 2012. Gross margin as a percentage of net sales decreased to 40.5% for Q3 2013 from 40.7% for Q3 2012. Gross margin dollars increased slightly by $.2 million, to $500.1 million in YTD 2013 compared to $499.9 million in YTD 2012. Gross margin as a percentage of net sales decreased to 40.1% for YTD 2013 from 40.7% for YTD 2012.

The increase in gross margin dollars for Q3 2013 compared to Q3 2012 was principally attributable to the following:

Q3 2013			Attributable to:
(In Millions)
$	3.1		Refund of 2012 cooperative trade marketing funds paid to The Coca-Cola Company based on updated information related to the collective marketing funds paid by the Company and other non-related bottlers maintained by The Coca-Cola Company that was not available until the current quarter. The amount previously paid and expensed by the Company was in accordance with the agreed upon contractual rate and the refund represented a change in estimate.
	2.5		.8% increase in bottle/can sales price per unit primarily due to an increase in sales price per unit in sparkling beverages except energy products
	(1.8	)	Increase in raw material costs and increased purchases of finished products
	(1.0	)	Increase in cost due to the Company’s commodity hedging program
	0.8		.6% increase in bottle/can volume to retail customers primarily due to a volume increase in still beverages
	(0.7	)	Decrease in marketing funding support received primarily from The Coca-Cola Company
	0.6		2.5% increase in post-mix sales price per unit
	0.4		Increase in freight gross margin
	(0.2	)	2.7% decrease in post-mix sales volume
	0.1		6.4% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling beverages
	1.4		Other
$	5.2		Total increase in gross margin

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The increase in gross margin dollars for YTD 2013 compared to YTD 2012 was principally attributable to the following:

YTD 2013			Attributable to:
(In Millions)
$	7.3		.7% increase in bottle/can sales price per unit primarily due to an increase in sales price per unit in sparkling beverages except energy products
	(5.0	)	Increase in raw material costs and increased purchases of finished products
	(4.7	)	1.2% decrease in bottle/can volume to retail customers primarily due to a volume decrease in sparkling beverages except energy products
	3.1		Refund of 2012 cooperative trade marketing funds paid to The Coca-Cola Company based on updated information related to the collective marketing funds paid by the Company and other non-related bottlers maintained by The Coca-Cola Company that was not available until the current quarter. The amount previously paid and expensed by the Company was in accordance with the agreed upon contractual rate and the refund represented a change in estimate.
	(2.4	)	1.8% decrease in sales price per unit of sales to other Coca-Cola bottlers primarily due to an increase in sparkling beverage sales volume which has lower sales price per unit
	2.2		Decrease in per unit cost of sales to other Coca-Cola bottlers primarily due to an increase in sparkling can sales volume which has a lower cost per unit than other products
	(2.0	)	Increase in cost due to the Company’s commodity hedging program
	(1.7	)	Decrease in marketing funding support received primarily from The Coca-Cola Company
	1.2		1.9% increase in post-mix sales price per unit
	1.1		Increase in freight gross margin
	(0.8	)	3.6% decrease in post-mix sales volume
	0.7		15.3% increase in sales volume to other Coca-Cola bottlers primarily due to volume increases in sparkling can beverages
	1.2		Other
$	0.2		Total increase in gross margin

The decreases in gross margin percentages were primarily due to higher sales volume to other Coca-Cola bottlers which has lower gross margin than bottle/can retail sales, an increase in raw material costs and increased purchases of finished products partially offset by higher sales price per unit for sales to retail customers and the refund of the 2012 cooperative trade marketing funds.

The Company’s gross margins may not be comparable to other peer companies, since some of them include all costs related to their distribution network in cost of sales. The Company includes a portion of these costs in S,D&A expenses.

S,D&A Expenses

S,D&A expenses include the following: sales management labor costs, distribution costs from sales distribution centers to customer locations, sales distribution center warehouse costs, depreciation expense related to sales centers, delivery vehicles and cold drink equipment, point-of-sale expenses, advertising expenses, cold drink equipment repair costs, amortization of intangibles and administrative support labor and operating costs such as treasury, legal, information services, accounting, internal control services, human resources and executive management costs.

S,D&A expenses increased by $2.4 million, or 1.7%, to $145.9 million in Q3 2013 from $143.5 million in Q3 2012. S,D&A expenses as a percentage of net sales decreased to 33.6% in Q3 2013 from 34.2% in Q2 2012. S,D&A expenses increased by $2.2 million, or .5%, to $427.5 million in YTD 2013 from $425.3 million in YTD 2012. S,D&A expenses as a percentage of net sales decreased to 34.3% in YTD 2013 from 34.6% in YTD 2012.

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The increase in S,D&A expenses for Q3 2013 compared to Q3 2012 was principally attributable to the following:

Q3 2013			Attributable to:
(In Millions)
$	1.4		Increase in employee salaries due to normal salary increases and additional personnel
	1.4		Increase in professional fees primarily related to due diligence for possible territory expansion
	(1.0	)	Decrease in property and casualty insurance expense primarily due to a decrease in auto and workers’ compensation expense
	0.6		Increase in bonus expense, incentive expense and other performance pay initiatives due to the Company’s financial performance
	0.4		Change in (gain)/loss on sale of property, plant and equipment primarily from the sale of a distribution facility no longer utilized
	(0.4	)	Other
$	2.4		Total increase in S,D&A expenses

The increase in S,D&A expenses for YTD 2013 compared to YTD 2012 was principally attributable to the following:

YTD 2013			Attributable to:
(In Millions)
$	3.1		Increase in employee salaries due to normal salary increases and additional personnel
	(1.6	)	Decrease in depreciation and amortization expense of property, plant and equipment primarily due to the change in the useful lives of certain vending equipment
	1.2		Increase in professional fees primarily related to due diligence for possible territory expansion
	(1.1	)	Decrease in marketing expense primarily due to spending changes for various marketing programs
	(1.1	)	Decrease in property and casualty insurance expense primarily due to a decrease in auto and workers’ compensation insurance claims
	0.7		Increase in bonus expense, incentive expense and other performance pay initiatives due to the Company’s financial performance
	(0.7	)	Change in (gain)/loss on sale of property, plant and equipment primarily from the sale of distribution facilities no longer utilized
	0.6		Increase in software amortization (continued investment in technology)
	0.5		Increase in employee benefit costs primarily due to increased medical insurance expense offset by decreased pension expense and 401(k) match expense
	0.6		Other
$	2.2		Total increase in S,D&A expenses

Shipping and handling costs related to the movement of finished goods from manufacturing locations to sales distribution centers are included in cost of sales. Shipping and handling costs related to the movement of finished goods from sales distribution centers to customer locations are included in S,D&A expenses and totaled $151.0 million and $150.9 million in YTD 2013 and YTD 2012, respectively.

The Company’s expense recorded in S,D&A expenses related to the two Company-sponsored pension plans decreased by $0.4 million to $0.4 million in Q3 2013 from $0.8 million in Q3 2012 and by $1.2 million to $1.1 million in YTD 2013 from $2.3 million in YTD 2012.

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The Company provides a 401(k) Savings Plan for substantially all of the Company’s full-time employees who are not part of collective bargaining agreements. During the first quarter of 2012, the Company changed the Company’s 401(k) Savings Plan matching contribution from fixed to discretionary, maintaining the option to make matching contributions for eligible participants of up to 5% based on the Company’s financial results for 2012 and future years. The 5% matching contribution was accrued during 2012. Based on the Company’s financial results, the Company decided to match 5% of eligible participants’ contributions for the entire year of 2012. The Company made this contribution for 2012 in the first quarter of 2013. The total costs recorded in S,D&A expenses for this benefit in YTD 2013 and YTD 2012 were $5.1 million and $5.6 million, respectively. The Company used its best estimate of the Company’s probable obligation for these periods.

Interest Expense

Net interest expense decreased 18.5% in both Q3 2013 compared to Q3 2012 and YTD 2013 compared to YTD 2012. The decreases were primarily due to the repayment at maturity of $150 million of Senior Notes in November 2012. The Company’s overall weighted average interest rate on its debt and capital lease obligations decreased to 5.8% during YTD 2013 from 6.1% during YTD 2012.

Income Taxes

The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes, for YTD 2013 and YTD 2012 was 28.8% and 40.5%, respectively. The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes minus net income attributable to noncontrolling interest, for YTD 2013 and YTD 2012 was 31.1% and 43.1%, respectively. The decrease in the effective tax rate for YTD 2013 resulted primarily from certain favorable tax provisions associated with the American Taxpayer Relief Act enacted on January 2, 2013, state tax legislation enacted in Q3 2013 that reduced the corporate tax rate and a reduction to the liability for uncertain tax positions.

In YTD 2012, the Company increased its valuation allowance by $1.2 million. The net effect of this adjustment was an increase to income tax expense due primarily to the Company’s assessment of its ability to use certain net operating loss carryforwards.

On September 13, 2013, the Internal Revenue Service and the United States Treasury Department issued final tax regulations that provide guidance regarding the deduction and capitalization of expenditures related to tangible property. The Company does not expect the final tax regulations to have a material impact on the consolidated financial statements.

The Company’s effective tax rate for the remainder of 2013 is dependent upon the results of operations and may change if the results in 2013 are different from current expectations.

Noncontrolling Interest

The Company recorded net income attributable to noncontrolling interest of $3.6 million and $2.8 million in YTD 2013 and YTD 2012, respectively, related to the portion of Piedmont owned by The Coca-Cola Company.

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Financial Condition

Total assets increased to $1.32 billion at September 29, 2013, from $1.28 billion at December 30, 2012 primarily due to increases in cash and cash equivalents, accounts receivables, inventories and other assets, offset by a decrease in property, plant and equipment, net.

Net working capital, defined as current assets less current liabilities, increased by $30.5 million to $55.5 million at September 29, 2013 from December 30, 2012 and increased by $19.7 million at September 29, 2013 from September 30, 2012.

Significant changes in net working capital from December 30, 2012 were as follows:

• An increase in cash and cash equivalents of $14.9 million primarily due to borrowings from the Company’s $200 million facility.

• An increase in accounts receivable, trade of $10.5 million primarily due to normal seasonal increase in sales.

• An increase in accounts receivable from and an increase in accounts payable to The Coca-Cola Company of $9.0 million and $15.5 million, respectively, primarily due to the timing of payments.

• An increase in inventories of $4.3 million primarily due to normal seasonal increase in sales.

• A decrease in accrued compensation of $5.7 million primarily due to the payment of bonuses in March 2013.

• A decrease in accounts payable trade of $5.4 million primarily due to timing of payments.

• An increase in accrued interest payable of $5.3 million primarily due to timing of payments.

Significant changes in net working capital from September 30, 2012 were as follows:

• A decrease in cash and cash equivalents of $87.4 million primarily due to the repayment of senior notes in November 2012 offset by subsequent borrowings.

• A decrease in current portion of long-term debt of $100.0 million due to the repayment of $150 million of senior notes that matured in November 2012. At September 30, 2012, $120 million of the $150 million Senior Notes due 2012 was classified as current as this was the expected amount to be paid from available cash plus amounts borrowed from an uncommitted line of credit. The remaining $30 million of senior notes due in 2012 was expected to be paid from amounts to be borrowed on the Company’s $200 million facility.

• A decrease in other accrued liabilities of $3.0 million primarily due to a decrease in accrued income taxes.

Debt and capital lease obligations were $479.6 million as of September 29, 2013 compared to $493.0 million as of December 30, 2012 and $594.1 million as of September 30, 2012. Debt and capital lease obligations as of September 29, 2013 included $66.1 million of capital lease obligations related primarily to Company facilities.

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Liquidity and Capital Resources

Capital Resources

The Company’s sources of capital include cash flows from operations, available credit facility balances and the issuance of debt and equity securities. Management believes the Company has sufficient resources available to finance its business plan, meet its working capital requirements and maintain an appropriate level of capital spending for at least the next 12 months. The amount and frequency of future dividends will be determined by the Company’s Board of Directors in light of the earnings and financial condition of the Company at such time, and no assurance can be given that dividends will be declared in the future.

As of September 29, 2013, the Company had $180 million available under the $200 million facility to meet its cash requirements. The $200 million facility has a scheduled maturity date of September 21, 2016 and up to $25 million is available for the issuance of letters of credit. Borrowings under the agreement bear interest at a floating base rate or a floating Eurodollar rate plus an interest rate spread, dependent on the Company’s credit rating at the time of borrowing. The Company must pay an annual facility fee of .175% of the lenders’ aggregate commitments under the facility. The $200 million facility contains two financial covenants: a cash flow/fixed charges ratio (“fixed charges coverage ratio”) and a funded indebtedness/cash flow ratio (“operating cash flow ratio”), each as defined in the credit agreement. The fixed charges coverage ratio requires the Company to maintain a consolidated cash flow to fixed charges ratio of 1.5 to 1.0 or higher. The operating cash flow ratio requires the Company to maintain a debt to operating cash flow ratio of 6.0 to 1.0 or lower. The Company is currently in compliance with these covenants. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources. On September 4, 2013, the Company entered into an amendment to its $200 million facility. The amendment clarified that the non-cash charge to be incurred by the Company in Q4 2013 as a result of the Company’s limited-time offer of a lump sum distribution of pension benefits to certain pension plan participants will be excluded from the calculation of the financial covenants described above to the extent that the non-cash charge is recognized on or before December 31, 2013 and does not exceed $12.0 million. See Note 18 to the consolidated financial statements for additional information on the limited-time pension distribution. The Company currently believes that all of the banks participating in the $200 million facility have the ability to and will meet any funding requests from the Company.

On February 10, 2010, the Company entered into an agreement for an uncommitted line of credit. Under this agreement, which is still in place, the Company may borrow up to a total of $20 million for periods of 7 days, 30 days, 60 days or 90 days at the discretion of the participating bank.

In November 2012, the Company used a combination of available cash on hand, borrowings on the uncommitted line of credit and borrowings under the $200 million facility to repay $150 million of senior notes. The Company classified $30 million of these senior notes as long-term at September 30, 2012 which represented the portion of the series of maturing senior notes that the Company expected at such time to repay from borrowings under the $200 million facility.

The Company has obtained the majority of its long-term financing, other than capital leases, from public markets. As of September 29, 2013, $373.5 million of the Company’s total outstanding balance of debt and capital lease obligations of $479.6 million was financed through publicly offered debt. The Company had capital lease obligations of $66.1 million as of September 29, 2013. As of September 29, 2013, the Company had $20.0 million outstanding under the $200 million facility and $20.0 million outstanding under the Company’s uncommitted line of credit.

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Cash Sources and Uses

The primary sources of cash for the Company have been cash provided by operating activities and available credit facilities. The primary uses of cash have been for capital expenditures, the payment of debt and capital lease obligations, dividend payments and income tax payments.

A summary of activity for YTD 2013 and YTD 2012 follows:

	First Nine Months
In Millions	2013		2012
Cash Sources
Cash provided by operating activities (excluding income tax and pension payments)	$	88.7	$	91.7
Proceeds from $200 million facility		55.0		—
Proceeds from the reduction of restricted cash		—		3.0
Proceeds from the sale of property, plant and equipment		6.0		.5
Total cash sources	$	149.7	$	95.2
Cash Uses
Capital expenditures	$	45.2	$	35.5
Payment on $200 million facility		65.0		—
Payment on capital lease obligations		3.9		3.5
Dividends		6.9		6.9
Income tax payments		13.6		9.1
Contributions to pension plans		.1		18.2
Other		.1		.1
Total cash uses	$	134.8	$	73.3
Increase in cash	$	14.9	$	21.9

Based on current projections, the Company anticipates its cash requirements for income taxes will be in the range of $2 million to $7 million for the remainder of 2013.

Operating Activities

During YTD 2013, cash flow provided by operating activities increased by $10.6 million compared to YTD 2012. The increase in cash flow provided by operating activities was primarily due to $18.2 million in pension payments made in YTD 2012 compared to $0.1 million pension payments in YTD 2013. These increases in cash flow provided by operating activities were offset by a $4.5 million increase in income tax payments.

Investing Activities

Additions to property, plant and equipment during YTD 2013 were $32.7 million of which $2.0 million were accrued in accounts payable, trade as unpaid. This compared to $32.6 million in total additions to property, plant and equipment during YTD 2012 of which $2.2 million were accrued in accounts payable, trade as unpaid. Capital expenditures during YTD 2013 were funded with cash flows from operations and available credit facilities. The Company anticipates total additions to property, plant and equipment in fiscal year 2013 will be in the range of $60 million to $70 million. Leasing is used for certain capital additions when considered cost effective relative to other sources of capital. The Company currently leases its corporate headquarters, two production facilities and several sales distribution facilities and administrative facilities.

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Financing Activities

As of September 29, 2013, the Company had $180 million available under the $200 million facility to meet its short-term borrowing requirements. The $200 million facility has a scheduled maturity date of September 21, 2016 and up to $25 million is available for the issuance of letters of credit. Borrowings under the agreement bear interest at a floating base rate or a floating Eurodollar rate plus an interest rate spread, dependent on the Company’s credit rating at the time of borrowing. The Company must pay an annual facility fee of .175% of the lenders’ aggregate commitments under the facility. The $200 million facility contains two financial covenants: a cash flow/fixed charges ratio (“fixed charges coverage ratio”) and a funded indebtedness/cash flow ratio (“operating cash flow ratio”), each as defined in the credit agreement. The fixed charges coverage ratio requires the Company to maintain a consolidated cash flow to fixed charges ratio of 1.5 to 1.0 or higher. The operating cash flow ratio requires the Company to maintain a debt to operating cash flow ratio of 6.0 to 1.0 or lower. The Company is currently in compliance with these covenants. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources.

On September 4, 2013, the Company entered into an amendment to its $200 million facility. The amendment clarified that the non-cash charge to be incurred by the Company in Q4 2013 as a result of the Company’s limited-time offer of a lump sum distribution of pension benefits to certain pension plan participants will be excluded from the calculation of the financial covenants described above to the extent that the non-cash charge is recognized on or before December 31, 2013 and does not exceed $12.0 million. See Note 18 to the consolidated financial statements for additional information on the limited-time pension distribution.

The Company currently believes that all of the banks participating in the Company’s $200 million facility have the ability to and will meet any funding requests from the Company. On September 29, 2013 and December 30, 2012, the Company had $20.0 million and $30.0 million, respectively, of outstanding borrowings on the $200 million facility. On September 30, 2012, the Company had no outstanding borrowings on the $200 million facility.

During YTD 2013, the Company’s net borrowings under its $200 million facility decreased $10.0 million due to increased cash available for repayments as a result of seasonally lower working capital requirements. During YTD 2012, the Company used cash on hand to fund working capital requirements and capital expenditures.

On February 10, 2010, the Company entered into an agreement for an uncommitted line of credit. Under this agreement, which is still in place, the Company may borrow up to a total of $20 million for periods of 7 days, 30 days, 60 days or 90 days at the discretion of the participating bank. On both September 29, 2013 and December 30, 2012, the Company had $20.0 million outstanding under the uncommitted line of credit. On September 30, 2012, the Company had no outstanding borrowings under the uncommitted line of credit.

As of September 29, 2013, December 30, 2012 and September 30, 2012, the weighted average interest rate of the Company’s debt and capital lease obligations was 6.1%, 5.9% and 6.1%, respectively, for its outstanding debt and capital lease obligations. The Company’s overall weighted average interest rate on its debt and capital lease obligations decreased to 5.8% in YTD 2013 from 6.1% in YTD 2012. As of September 29, 2013, $40.0 million of the Company’s debt and capital lease obligations of $479.6 million was maintained on a floating rate basis or was subject to changes in short-term interest rates.

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In November 2012, the Company used a combination of available cash on hand, borrowings on the $20 million uncommitted line of credit and borrowings under the $200 million facility to repay $150 million of maturing senior notes. The Company classified $30 million of these senior notes at September 30, 2012 as long-term, which amount represented the portion of the maturing senior notes that the Company expected at such time to repay from borrowings under the $200 million facility. The Company’s next maturity of outstanding long-term debt is the $100 million Senior Notes due April 2015.

All of the outstanding debt on the Company’s balance sheet has been issued by the Company with none having been issued by any of the Company’s subsidiaries. There are no guarantees of the Company’s debt. The Company or its subsidiaries have entered into eight capital leases.

At September 29, 2013, the Company’s credit ratings were as follows:

	Long-Term Debt
Standard & Poor’s	BBB
Moody’s	Baa2

The Company’s credit ratings, which the Company is disclosing to enhance understanding of the Company’s sources of liquidity and the effect of the Company’s rating on the Company’s cost of funds, are reviewed periodically by the respective rating agencies. Changes in the Company’s operating results or financial position could result in changes in the Company’s credit ratings. Lower credit ratings could result in higher borrowing costs for the Company or reduced access to capital markets, which could have a material impact on the Company’s financial position or results of operations. There were no changes in these credit ratings from the prior year and the credit ratings are currently stable.

The indentures under which the Company’s public debt was issued do not include financial covenants but do limit the incurrence of certain liens and encumbrances as well as indebtedness by the Company’s subsidiaries in excess of certain amounts.

Off-Balance Sheet Arrangements

The Company is a member of two manufacturing cooperatives and has guaranteed $33.5 million of debt for these entities as of September 29, 2013. In addition, the Company has an equity ownership in each of the entities. The members of both cooperatives consist solely of Coca-Cola bottlers. The Company does not anticipate either of these cooperatives will fail to fulfill their commitments. The Company further believes each of these cooperatives has sufficient assets, including production equipment, facilities and working capital, and the ability to adjust selling prices of their products to adequately mitigate the risk of material loss from the Company’s guarantees. As of September 29, 2013, the Company’s maximum exposure, if the entities borrowed up to their borrowing capacity, would have been $74.1 million including the Company’s equity interests. See Note 14 and Note 19 to the consolidated financial statements for additional information about these entities.

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Aggregate Contractual Obligations

The following table summarizes the Company’s contractual obligations and commercial commitments as of September 29, 2013:

	Payments Due by Period
In Thousands	Total		Oct. 2013- Sept. 2014		Oct. 2014- Sept. 2016		Oct. 2016- Sept. 2018		After Sept. 2018
Contractual obligations:
Total debt, net of interest	$	413,520	$	20,000	$	284,757	$	—	$	108,763
Capital lease obligations, net of interest		66,110		5,732		12,990		15,068		32,320
Estimated interest on long-term debt and capital lease obligations (1)		95,366		25,986		39,525		20,872		8,983
Purchase obligations (2)		62,617		62,617		—		—		—
Other long-term liabilities (3)		131,565		10,542		16,871		12,378		91,774
Operating leases		37,391		6,120		9,062		5,953		16,256
Long-term contractual arrangements (4)		40,723		10,447		15,176		8,257		6,843
Postretirement obligations (5)		71,102		4,573		6,046		7,210		53,273
Purchase orders (6)		45,571		45,571		—		—		—
Total contractual obligations	$	963,965	$	191,588	$	384,427	$	69,738	$	318,212

(1) Includes interest payments based on contractual terms.

(2) Represents an estimate of the Company’s obligation to purchase 17.5 million cases of finished product on an annual basis through May 2014 from South Atlantic Canners, a manufacturing cooperative.

(3) Includes obligations under executive benefit plans, the liability to exit from a multi-employer pension plan and other long-term liabilities.

(4) Includes contractual arrangements with certain prestige properties, athletics venues and other locations, and other long-term marketing commitments.

(5) Includes the liability for postretirement benefit obligations only. The unfunded portion of the Company’s pension plans is excluded as the timing and/or the amount of any cash payment is uncertain.

(6) Purchase orders include commitments in which a written purchase order has been issued to a vendor, but the goods have not been received or the services have not been performed.

The Company has $2.8 million of uncertain tax positions including accrued interest, as of September 29, 2013 (excluded from other long-term liabilities in the table above because the Company is uncertain as to if or when such amounts will be recognized) all of which would affect the Company’s effective tax rate if recognized. While it is expected that the amount of uncertain tax positions may change in the next 12 months, the Company does not expect any change to have a significant impact on the consolidated financial statements. See Note 15 to the consolidated financial statements for additional information.

The Company is a member of Southeastern Container (“Southeastern”), a plastic bottle manufacturing cooperative, from which the Company is obligated to purchase at least 80% of its requirements of plastic bottles for certain designated territories. This obligation is not included in the Company’s table of contractual obligations and commercial commitments since there are no minimum purchase requirements. See Note 14 and Note 19 to the consolidated financial statements for additional information related to Southeastern.

As of September 29, 2013, the Company has $23.1 million of standby letters of credit, primarily related to its property and casualty insurance programs. See Note 14 to the consolidated financial statements for additional information related to commercial commitments, guarantees, legal and tax matters.

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The Company contributed $0.1 million to the Company-sponsored pension plans in YTD 2013. Based on information currently available, the Company anticipates cash contributions during the remainder of 2013 will be between approximately $2 million and $3 million. Postretirement medical care payments are expected to be approximately $3 million in 2013. See Note 18 to the consolidated financial statements for additional information related to pension and postretirement obligations.

Hedging Activities

Interest Rate Hedging

The Company uses derivatives from time to time to partially manage the Company’s exposure to changes in interest rates on outstanding debt instruments. However, there were no outstanding interest rate hedging agreements as of September 29, 2013.

Commodity Hedging

The Company entered into derivative instruments to hedge certain commodity purchases for 2013. The Company paid fees for these instruments which were amortized over the corresponding period of the instrument. The Company accounts for its commodity hedges on a mark-to-market basis with any expense or income reflected as an adjustment of cost of sales or S,D&A expenses.

The Company uses several different financial institutions for commodity derivative instruments to minimize the concentration of credit risk. The Company has master agreements with the counterparties to its derivative financial agreements that provide for net settlement of derivative transactions.

The net impact of the commodity hedges was to increase the cost of sales by $0.9 million in YTD 2013.

There were no outstanding commodity agreements as of September 29, 2013.

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Cautionary Information Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q, as well as information included in future filings by the Company with the Securities and Exchange Commission and information contained in written material, news releases and oral statements issued by or on behalf of the Company, contains, or may contain, forward-looking management comments and other statements that reflect management’s current outlook for future periods. These statements include, among others, statements relating to:

• the Company’s proposed expansion of the Company’s franchise territory;

• the Company’s belief that the covenants on its $200 million facility will not restrict its liquidity or capital resources;

• the Company’s belief that other parties to certain contractual arrangements will perform their obligations;

• the Company’s potential marketing funding support from The Coca-Cola Company and other beverage companies;

• the Company’s belief that disposition of certain claims and legal proceedings will not have a material adverse effect on its financial condition, cash flows or results of operations and that no material amount of loss in excess of recorded amounts is reasonably possible as a result of these claims and legal proceedings;

• the Company’s belief that the Company has adequately provided for any ultimate amounts that are likely to result from tax audits;

• the Company’s belief that the Company has sufficient resources available to finance its business plan, meet its working capital requirements and maintain an appropriate level of capital spending;

• the Company’s belief that the cooperatives whose debt the Company guarantees have sufficient assets and the ability to adjust selling prices of their products to adequately mitigate the risk of material loss and that the cooperatives will perform their obligations under their debt commitments;

• the Company’s key priorities which are revenue management, product innovation and beverage portfolio expansion, distribution cost management and productivity;

• the Company’s belief that cash contributions to the two Company-sponsored pension plans will be in the range of $2 million to $3 million for the remainder of 2013;

• the Company’s belief that postretirement medical care payments are expected to be approximately $3 million in 2013;

• the Company’s belief that cash requirements for income taxes will be in the range of $2 million to $7 million for the remainder of 2013;

• the Company’s expectation that additions to property, plant and equipment in 2013 will be in the range of $60 million to $70 million;

• the Company’s belief that compliance with environmental laws will not have a material adverse effect on its capital expenditures, earnings or competitive position;

• the Company’s belief that the majority of its deferred tax assets will be realized;

• the Company’s beliefs and estimates regarding the impact of the adoption of certain new accounting pronouncements;

• the Company’s beliefs that the growth prospects of Company-owned or exclusive licensed brands appear promising and the cost of developing, marketing and distributing these brands may be significant;

• the Company’s belief that all of the banks participating in the Company’s $200 million facility have the ability to and will meet any funding requests from the Company;

• the Company’s belief that it is competitive in its territories with respect to the principal methods of competition in the nonalcoholic beverage industry;

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• the Company’s estimate that a 10% increase in the market price of certain commodities over the current market prices would cumulatively increase costs during the next 12 months by approximately $22 million assuming no change in volume;

• the Company’s belief that innovation of new brands and packages will continue to be critical to the Company’s overall revenue;

• the Company’s expectation that uncertain tax positions may change over the next 12 months as a result of tax audits, but will not have a significant impact on the consolidated financial statements;

• the Company’s belief that the risk of loss with respect to funds deposited with banks is minimal;

• the Company’s expectation that the costs of some of the underlying commodities to inputs to the Company’s total cost of sales will have a smaller increase for the remainder of 2013 compared to 2012; and

• the Company’s hypothetical calculation of the impact of a 1% increase in interest rates on outstanding floating rate debt and capital lease obligations for the next twelve months as of September 29, 2013.

These statements and expectations are based on currently available competitive, financial and economic data along with the Company’s operating plans, and are subject to future events and uncertainties that could cause anticipated events not to occur or actual results to differ materially from historical or anticipated results. Factors that could impact those statements and expectations or adversely affect future periods include, but are not limited to, the factors set forth in Part I. Item 1A. Risk Factors of the Company’s Annual Report on Form 10-K for the year ended December 30, 2012.

Caution should be taken not to place undue reliance on the Company’s forward-looking statements, which reflect the expectations of management of the Company only as of the time such statements are made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk.

The Company is exposed to certain market risks that arise in the ordinary course of business. The Company may enter into derivative financial instrument transactions to manage or reduce market risk. The Company does not enter into derivative financial instrument transactions for trading purposes. A discussion of the Company’s primary market risk exposure and interest rate risk is presented below.

Debt and Derivative Financial Instruments

The Company is subject to interest rate risk on its fixed and floating rate debt. The Company periodically uses interest rate hedging products to modify risk from interest rate fluctuations. The counterparties to interest rate hedging arrangements have generally been major financial institutions with which the Company also had other financial relationships. The Company did not have any interest rate hedging products as of September 29, 2013. As of September 29, 2013, $40.0 million of the Company’s debt and capital lease obligations of $479.6 million were subject to changes in short-term interest rates.

As it relates to the Company’s variable rate debt, assuming no changes in the Company’s financial structure, if market interest rates average 1% more over the next twelve months than the interest rates as of September 29, 2013, interest expense for the next twelve months would increase by approximately $0.4 million. This amount was determined by calculating the effect of the hypothetical interest rate on the Company’s variable rate debt. This calculated, hypothetical increase in interest expense for the following twelve months may be different from the actual increase in interest expense from a 1% increase in interest rates due to varying interest rate reset dates on the Company’s floating debt.

Raw Material and Commodity Price Risk

The Company is also subject to commodity price risk arising from price movements for certain commodities included as part of its raw materials. The Company manages this commodity price risk in some cases by entering into contracts with adjustable prices. The Company periodically uses derivative commodity instruments in the management of this risk. The Company estimates that a 10% increase in the market prices of these commodities over the current market prices would cumulatively increase costs during the next 12 months by approximately $22 million assuming no change in volume.

In Q3 2012, the Company entered into agreements to hedge a portion of the Company’s 2013 aluminum purchases. The Company paid a fee for these instruments which was amortized over the corresponding period of the instruments. The Company accounts for its aluminum hedges on a mark-to-market basis with any expense or income being reflected as an adjustment to cost of sales. The agreements expired in YTD 2013 and there were no outstanding commodity agreements as of September 29, 2013.

Effects of Changing Prices

The annual rate of inflation in the United States, as measured by year-over-year changes in the consumer price index, was 1.7% in 2012 compared to 3.0% in 2011 and 1.5% in 2010. Inflation in the prices of those commodities important to the Company’s business is reflected in changes in the consumer price index, but commodity prices are volatile and have in recent years increased at a faster rate than the rate of inflation as measured by the consumer price index.

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The principal effect of inflation in both commodity and consumer prices on the Company’s operating results is to increase costs, both of goods sold and selling, delivery and administrative costs. Although the Company can offset these cost increases by increasing selling prices for its products, consumers may not have the buying power to cover these increased costs and may reduce their volume of purchases of those products. In that event, selling price increases may not be sufficient to offset completely the Company’s cost increases.

Item 4. Controls and Procedures.

As of the end of the period covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the Company’s management, including the Company’s Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s “disclosure controls and procedures” (as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”)), pursuant to Rule 13a-15(b) of the Exchange Act. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures were effective as of September 29, 2013.

There has been no change in the Company’s internal control over financial reporting during the quarter ended September 29, 2013 that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PART II - OTHER INFORMATION

Item 1A. Risk Factors.

There have been no material changes to the factors disclosed in Part I. Item 1A. Risk Factors in the Company’s Annual Report on Form 10-K for the year ended December 30, 2012.

Item 6. Exhibits.

Exhibit Number	Description
4.1	The registrant, by signing this report, agrees to furnish the Securities and Exchange Commission, upon its request, a copy of any instrument which defines the rights of holders of long-term debt of the registrant and its consolidated subsidiaries which authorizes a total amount of securities not in excess of 10 percent of the total assets of the registrant and its subsidiaries on a consolidated basis.
10.1	Amendment No. 1, dated as of September 4, 2013, to U.S. $200,000,000 Credit Agreement, dated as of September 21, 2011, by and among the Company, the banks named therein and JP Morgan Chase Bank, N.A., as Administrative Agent (filed herewith).
12	Ratio of earnings to fixed charges (filed herewith).
31.1	Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2	Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
101	Financial statement from the quarterly report on Form 10-Q of Coca-Cola Bottling Co. Consolidated for the quarter ended September 29, 2013, filed on November 8, 2013, formatted in XBRL (Extensible Business Reporting Language): (i) the Consolidated Statements of Operations; (ii) the Consolidated Statements of Comprehensive Income; (iii) the Consolidated Balance Sheets; (iv) the Consolidated Statements of Changes in Equity; (v) the Consolidated Statements of Cash Flows and (vi) the Notes to the Consolidated Financial Statements.

64

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	COCA-COLA BOTTLING CO. CONSOLIDATED
	(REGISTRANT)
Date: November 8, 2013	By:	/s/ James E. Harris
		James E. Harris Principal Financial Officer of the Registrant and Senior Vice President, Shared Services and Chief Financial Officer
Date: November 8, 2013	By:	/s/ William J. Billiard
		William J. Billiard
		Principal Accounting Officer of the Registrant and Chief Accounting Officer and Corporate Controller

65

EX-10.1

Exhibit 10.1

AMENDMENT NO. 1

AMENDMENT NO. 1 (this “Amendment No. 1”) dated as of September 4, 2013 among COCA-COLA BOTTLING CO. CONSOLIDATED (the “Borrower”), the Lenders executing this Amendment No. 1 on the signature pages hereto and JPMorgan Chase Bank, N.A., in its capacity as administrative agent (the “Administrative Agent”) under the Credit Agreement referred to below.

WHEREAS, the Borrower, the Lenders party thereto and the Administrative Agent are parties to a Credit Agreement dated as of September 21, 2011 (as amended and supplemented and in effect immediately prior to the date hereof, the “Credit Agreement”), providing, subject to the terms and conditions thereof, for revolving credit loans to the Borrower.

NOW THEREFORE, the parties hereto wish now to amend the Credit Agreement in certain respects, and, accordingly, the parties hereto hereby agree as follows:

Section 1. Definitions. Except as otherwise defined in this Amendment No. 1, terms defined in the Credit Agreement are used herein as defined therein.

Section 2. Amendments. Subject to the satisfaction of the conditions precedent specified in Section 4 below, but effective as of the date hereof, the Credit Agreement shall be amended as follows:

2.01. References Generally. References in the Credit Agreement (including references to the Credit Agreement as amended hereby) to “this Agreement” (and indirect references such as “hereunder”, “hereby”, “herein” and “hereof”) shall be deemed to be references to the Credit Agreement as amended hereby.

2.02. Certain Defined Terms. Section 1.01 of the Credit Agreement is hereby amended by amending the definition of “Consolidated Operating Income” contained therein to read in its entirety as follows:

“Consolidated Operating Income” shall mean, for any period, the net income of the Borrower and its Consolidated Subsidiaries, before any deduction in respect of interest or taxes, determined and consolidated in accordance with GAAP, excluding, however, (i) extraordinary items in accordance with GAAP (which shall include without limitation, in any event, any income, net of expenses, or loss realized by the Borrower or any Consolidated Subsidiary from any sale of assets outside the ordinary course of business, whether tangible or intangible, including franchise territories and securities) and (ii) any non-cash charge in accordance with GAAP resulting from the partial recognition of prior actuarial losses in connection with the Borrower’s payment of a lump sum distribution of pension benefits to certain vested terminated employees, to the extent such non-cash charge is recognized on or before December 31, 2013 and does not exceed $12,000,000.00.

Section 3. Representations and Warranties. The Borrower represents and warrants to the Lenders and the Administrative Agent, as to itself and each of its Subsidiaries, that (a) the representations and warranties set forth in Article IV of the Credit Agreement (excluding the Excluded Representations and Section 4.01(e) of the Credit Agreement) are true and correct in all material respects on the date hereof as if made on and as of the date hereof (or, if any such representation or warranty is

expressly stated to have been made as of a specific date, such representation or warranty shall be true and correct in all material respects as of such specific date) and as if each reference in said Article IV to “this Agreement” included reference to this Amendment No. 1 and (b) no Default or Event of Default has occurred and is continuing.

Section 4. Conditions Precedent. The amendments set forth in Section 2 hereof shall become effective, as of the date hereof, upon satisfaction of the following conditions:

4.01. Execution. The Administrative Agent shall have received counterparts of this Amendment No. 1 executed by the Borrower and the Lenders party to the Credit Agreement constituting the Majority Lenders.

4.02. Fee and Expenses. The Borrower shall have paid in full the costs, expenses and fees as set forth in Section 8.04(a) of the Credit Agreement.

Section 5. Miscellaneous. Except as herein provided, the Credit Agreement shall remain unchanged and in full force and effect. This Amendment No. 1 may be executed in any number of counterparts, all of which taken together shall constitute one and the same amendatory instrument and any of the parties hereto may execute this Amendment No. 1 by signing any such counterpart. Delivery of a counterpart by electronic transmission shall be effective as delivery of a manually executed counterpart hereof. This Amendment No. 1 shall be governed by, and construed in accordance with, the law of the State of New York.

[Signature Pages Follow]

2

IN WITNESS WHEREOF, this Amendment No. 1 has been duly executed as of the day and year first above written.

COCA-COLA BOTTLING CO. CONSOLIDATED, as the Borrower
By:	/s/ Clifford M. Deal, III
Name:	Clifford M. Deal, III
Title:	Vice President & Treasurer

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

JPMORGAN CHASE BANK, N.A., individually as a Lender and as Administrative Agent
By:	/s/ Antje B. Focke
Name:	Antje B. Focke
Title:	Senior Underwriter

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

Name of Lender:
Citibank, N.A.
By	/s/ John van Brederode
	Name:	John van Brederode
	Title:	Vice President
		John R. van Brederode
		ViCE PRESidENT
		CiTibANk, N.A.

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

Name of Lender:
WELLS FARGO BANK, N.A.
By	/s/ Andrea S Chen
	Name:	ANDREA S CHEN
	Title:	DIRECTOR
For any Lender requiring a second signature line:
By
	Name:
	Title:

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

Name of Lender:
BRANCH BANKING AND TRUST COMPANY
By	/s/ Stuart M. Jones
	Name:	Stuart M. Jones
	Title:	Senior Vice President

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.
“Rabobank Nederland”, New York Branch
By	/s/ Stewart Kalish
	Name:	Stewart Kalish
	Title:	Executive Director
By	/s/ Van Brandenburg
	Name:	Van Brandenburg
	Title:	Executive Director

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

Name of Lender:
NORTH CAROLINA BANK AND TRUST, A DIVISION OF SCBT, AS LENDER
By	/s/ Cutter D. Davis Jr.
	Name:	CUTTER D. DAVIS JR.
	Title:	SENIOR VICE PRESIDENT
For any Lender requiring a second signature line:
By
	Name:
	Title:

Signature Page to Amendment No. 1 to

Credit Agreement dated as of September 21, 2011

Coca-Cola Bottling Co. Consolidated

EX-12

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

	Third Quarter				Nine Months
	2013		2012		2013		2012
Computation of Earnings:
Income before income taxes	$	22,839	$	18,405	$	50,438	$	47,437
Add:
Interest expense		6,880		8,463		20,699		25,463
Amortization of debt premium/discount and expenses		482		572		1,453		1,726
Interest portion of rent expense		635		496		1,743		1,481
Earnings as adjusted	$	30,836	$	27,936	$	74,333	$	76,107
Computation of Fixed Charges:
Interest expense	$	6,880	$	8,463	$	20,699	$	25,463
Capitalized interest		17		28		139		62
Amortization of debt premium/discount and expenses		482		572		1,453		1,726
Interest portion of rent expense		635		496		1,743		1,481
Fixed charges	$	8,014	$	9,559	$	24,034	$	28,732
Ratio of Earnings to Fixed Charges		3.85		2.92		3.09		2.65

EX-31.1

Exhibit 31.1

MANAGEMENT CERTIFICATION

I, J. Frank Harrison, III, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Coca-Cola Bottling Co. Consolidated;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

	/s/ J. Frank Harrison, III
Date: November 8, 2013	J. Frank Harrison, III
	Chairman of the Board of Directors and Chief Executive Officer

EX-31.2

Exhibit 31.2

MANAGEMENT CERTIFICATION

I, James E. Harris, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Coca-Cola Bottling Co. Consolidated;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

	/s/ James E. Harris
Date: November 8, 2013	James E. Harris
	Senior Vice President, Shared Services and Chief Financial Officer

EX-32

Exhibit 32

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Coca-Cola Bottling Co. Consolidated (the “Company”) on Form 10-Q for the quarter ending September 29, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), we, J. Frank Harrison, III, Chairman of the Board of Directors and Chief Executive Officer of the Company, and James E. Harris, Senior Vice President Shared Services and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. § 1350 as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly represents, in all material respects, the financial condition and results of operations of the Company.

/s/  J. Frank Harrison, III

J. Frank Harrison, III

Chairman of the Board of Directors and

Chief Executive Officer

November 8, 2013

/s/  James E. Harris

James E. Harris

Senior Vice President, Shared Services and

Chief Financial Officer

November 8, 2013

XML

Supplemental Disclosures of Cash Flow Information - Summary of Changes in Current Assets and Current Liabilities Affecting Cash Flows (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Statement Of Cash Flows [Abstract]
Accounts receivable, trade, net	$ (10,544)	$ (5,638)
Accounts receivable from The Coca-Cola Company	(9,028)	(11,137)
Accounts receivable, other	(1,650)	2,291
Inventories	(4,331)	(8,334)
Prepaid expenses and other current assets	802	1,405
Accounts payable, trade	7,085	7,120
Accounts payable to The Coca-Cola Company	15,533	7,881
Other accrued liabilities	(1,255)	8,723
Accrued compensation	(6,298)	(4,885)
Accrued interest payable	5,320	6,673
(Increase) decrease in current assets less current liabilities	$ (4,366)	$ 4,099

XML

Capital Transactions - Additional Information (Detail) (USD $) In Millions, except Share data, unless otherwise specified	1 Months Ended	9 Months Ended				3 Months Ended		9 Months Ended		0 Months Ended		3 Months Ended		9 Months Ended
	Apr. 29, 2008	Sep. 29, 2013 Stock	Sep. 30, 2012	Sep. 27, 2013	Sep. 28, 2012	Sep. 29, 2013 Common Stock [Member]	Sep. 30, 2012 Common Stock [Member]	Sep. 29, 2013 Common Stock [Member] Vote	Sep. 30, 2012 Common Stock [Member]	Mar. 05, 2013 Class B Common Stock [Member]	Mar. 06, 2012 Class B Common Stock [Member]	Sep. 29, 2013 Class B Common Stock [Member]	Sep. 30, 2012 Class B Common Stock [Member]	Sep. 29, 2013 Class B Common Stock [Member] Vote	Sep. 30, 2012 Class B Common Stock [Member]	Apr. 29, 2008 Class B Common Stock [Member]	Apr. 29, 2008 Performance Shares [Member]
Schedule of Capitalization, Equity [Line Items]
Number of common class of stock outstanding		2
Dividend is declared and paid on the Common Stock						$ 0.25	$ 0.25	$ 0.75	$ 0.75			$ 0.25	$ 0.25	$ 0.75	$ 0.75
Number of votes per share								1						20
Performance units authorized																	400,000
Common B stock per performance unit																1
Term of performance unit award agreement	10 years
Performance units granted annually																40,000
Maximum goal achievement percentage																100.00%
Performance units awarded										40,000	40,000
Performance units awards settled in cash														19,880	17,680
Increase in total number of shares outstanding														20,120	22,320
Performance Unit Award Agreement costs recognized		$ 1.9	$ 2.0
Share price				$ 63.36	$ 68.10

XML

Benefit Plans - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	9 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 29, 2013 Pension_Plan	Dec. 29, 2013 Scenario, Forecast [Member]	Sep. 29, 2013 Minimum [Member]	Sep. 29, 2013 Maximum [Member]	Sep. 29, 2013 401(k) Savings Plan [Member]	Sep. 30, 2012 401(k) Savings Plan [Member]	Dec. 30, 2012 401(k) Savings Plan [Member]
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Entity contribution in its owned sponsored pension plan during the period	$ 0.1
Number of sponsored pension plans	2
Anticipated employer contributions to pension plan for the remainder of fiscal year			2	3
Approximate non-cash charge due to lump sum distribution		12
Company discretionary matching contribution percentage						5.00%	5.00%
Defined contribution plan matching contribution percentage accrued					5.00%	5.00%	5.00%
Cost recognized					5.8	6.4
Multi-employer pension plan exit charge, liability recorded	9.4
Multi-employer pension plan exit annual payment amount	$ 1

XML

Other Accrued Liabilities

9 Months Ended

Sep. 29, 2013

Payables And Accruals [Abstract]

Other Accrued Liabilities

9. Other Accrued Liabilities

Other accrued liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accrued marketing costs	$	12,463	$	12,506	$	12,918
Accrued insurance costs		21,571		21,458		21,629
Accrued taxes (other than income taxes)		4,192		1,910		1,827
Accrued income taxes		0		0		5,500
Employee benefit plan accruals		16,754		16,988		17,294
Checks and transfers yet to be presented for payment from zero balance cash accounts		9,999		11,962		9,491
All other accrued liabilities		8,879		10,289		8,241
Total other accrued liabilities	$	73,858	$	75,113	$	76,900

XML

Piedmont Coca-Cola Bottling Partnership - Additional Information (Detail)	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Noncontrolling Interest [Abstract]
Minority interest	22.70%	22.70%	22.70%

XML

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Current Assets:
Cash and cash equivalents	$ 25,283	$ 10,399	$ 112,661
Accounts receivable, trade, less allowance for doubtful accounts of $1,553, $1,490 and $1,533, respectively	114,068	103,524	111,153
Accounts receivable from The Coca-Cola Company	24,549	15,521	20,437
Accounts receivable, other	14,526	12,876	13,583
Inventories	70,255	65,924	74,492
Prepaid expenses and other current assets	32,209	33,068	29,900
Total current assets	280,890	241,312	362,226
Property, plant and equipment, net	295,147	307,467	291,768
Leased property under capital leases, net	50,212	54,150	55,601
Other assets	62,621	53,801	54,573
Franchise rights	520,672	520,672	520,672
Goodwill	102,049	102,049	102,049
Other identifiable intangible assets, net	3,764	4,023	4,127
Total assets	1,315,355	1,283,474	1,391,016
Current Liabilities:
Current portion of debt	20,000	20,000	120,000
Current portion of obligations under capital leases	5,732	5,230	5,110
Accounts payable, trade	46,279	51,651	45,308
Accounts payable to The Coca-Cola Company	43,363	27,830	42,031
Other accrued liabilities	73,858	75,113	76,900
Accrued compensation	26,733	32,428	24,955
Accrued interest payable	9,380	4,060	12,121
Total current liabilities	225,345	216,312	326,425
Deferred income taxes	142,795	140,965	145,384
Pension and postretirement benefit obligations	138,288	140,719	119,767
Other liabilities	123,208	118,303	116,588
Obligations under capital leases	60,378	64,351	65,692
Long-term debt	393,520	403,386	403,344
Total liabilities	1,083,534	1,084,036	1,177,200
Commitments and Contingencies (Note 14)
Equity:
Capital in excess of par value	108,959	107,681	107,600
Retained earnings	195,766	170,439	170,920
Accumulated other comprehensive loss	(92,396)	(94,526)	(79,124)
Total equity before treasury stock	225,268	196,513	212,315
Total equity of Coca-Cola Bottling Co. Consolidated	164,014	135,259	151,061
Noncontrolling interest	67,807	64,179	62,755
Total equity	231,821	199,438	213,816
Total liabilities and equity	1,315,355	1,283,474	1,391,016
Common Stock [Member]
Equity:
Common Stock	10,204	10,204	10,204
Treasury stock	60,845	60,845	60,845
Total equity	10,204	10,204	10,204
Class B Common Stock [Member]
Equity:
Common Stock	2,735	2,715	2,715
Treasury stock	409	409	409
Total equity	$ 2,735	$ 2,715	$ 2,715

XML

Seasonality of Business

9 Months Ended

Sep. 29, 2013

Text Block [Abstract]

Seasonality of Business

2. Seasonality of Business

Historically, operating results for the third quarter of the fiscal year have not been representative of results for the entire fiscal year. Business seasonality results primarily from higher unit sales of the Company’s products in the second and third quarters versus the first and fourth quarters of the fiscal year. Fixed costs, such as depreciation expense, are not significantly impacted by business seasonality.

XML

Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 29, 2013

Equity [Abstract]

Accumulated Other Comprehensive Loss

16. Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of accumulated other comprehensive loss for Q3 2013 and Q3 2012 is as follows:

In Thousands	June 30, 2013			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(75,388	)	$	837		$	(323	)	$	(74,874	)
Prior service costs		(28	)		4			(2	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(21,574	)		700			(270	)		(21,144	)
Prior service costs		3,874			(377	)		146			3,643
Foreign currency translation adjustment		6			(1	)		0			5
Total	$	(93,110	)	$	1,163		$	(449	)	$	(92,396	)

In Thousands	July 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(63,948	)	$	693		$	(272	)	$	(63,527	)
Prior service costs		(38	)		5			(2	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(20,501	)		613			(241	)		(20,129	)
Prior service costs		4,792			(379	)		148			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(79,689	)	$	932		$	(367	)	$	(79,124	)

A summary of accumulated other comprehensive loss for YTD 2013 and YTD 2012 is as follows:

In Thousands	Dec. 30, 2012			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(76,407	)	$	2,513		$	(980	)	$	(74,874	)
Prior service costs		(33	)		12			(5	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(22,425	)		2,100			(819	)		(21,144	)
Prior service costs		4,334			(1,133	)		442			3,643
Foreign currency translation adjustment		5			0			0			5
Total	$	(94,526	)	$	3,492		$	(1,362	)	$	(92,396	)

In Thousands	Jan. 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(64,789	)	$	2,080		$	(818	)	$	(63,527	)
Prior service costs		(44	)		15			(6	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(21,244	)		1,838			(723	)		(20,129	)
Prior service costs		5,251			(1,137	)		447			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(80,820	)	$	2,796		$	(1,100	)	$	(79,124	)

A summary of the impact on the income statement line items is as follows:

In Thousands	Net Pension Activity		Net Postretirement Benefits Activity		Total
Q3 2013
Cost of sales	$	76	$	42	$	118
S,D&A expenses		765		281		1,046
Subtotal pre-tax		841		323		1,164
Income tax expense		325		124		449
Total after tax effect	$	516	$	199	$	715
Q3 2012
Cost of sales	$	77	$	28	$	105
S,D&A expenses		621		206		827
Subtotal pre-tax		698		234		932
Income tax expense		274		93		367
Total after tax effect	$	424	$	141	$	565
YTD 2013
Cost of sales	$	227	$	116	$	343
S,D&A expenses		2,298		851		3,149
Subtotal pre-tax		2,525		967		3,492
Income tax expense		985		377		1,362
Total after tax effect	$	1,540	$	590	$	2,130
YTD 2012
Cost of sales	$	230	$	84	$	314
S,D&A expenses		1,865		617		2,482
Subtotal pre-tax		2,095		701		2,796
Income tax expense		824		276		1,100
Total after tax effect	$	1,271	$	425	$	1,696

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Fair Value of Financial Instruments - Derivative Financial Instruments (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Public debt securities	$ (373,520)	$ (373,386)	$ (523,344)
Deferred compensation plan assets	15,875	13,011	12,854
Deferred compensation plan liabilities	(15,875)	(13,011)	(12,854)
Non-public variable rate debt	(40,000)	(50,000)	0
Carrying Amount [Member] | Commodity Hedging Agreements [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commodity hedging agreements	0	500	1,037
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Public debt securities	(411,197)	(426,050)	(577,775)
Deferred compensation plan assets	15,875	13,011	12,854
Deferred compensation plan liabilities	(15,875)	(13,011)	(12,854)
Non-public variable rate debt	(40,000)	(50,000)	0
Fair Value [Member] | Commodity Hedging Agreements [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commodity hedging agreements	$ 0	$ 500	$ 1,037

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Property, Plant and Equipment - Additional Information (Detail) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended			9 Months Ended
	Sep. 29, 2013	Mar. 31, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Property, Plant and Equipment [Line Items]
Depreciation and amortization expense	$ 14.8		$ 15.2	$ 43.7	$ 46.1
Gain on sale of distribution facility		1.2
Depreciation expense reduction due to change in useful lives	$ 0.4			$ 1.3
Common Stock [Member]
Property, Plant and Equipment [Line Items]
Change to earnings per share basic for depreciation expense reduction from change in useful lives	$ 0.03			$ 0.09
Change to earnings per share diluted for depreciation expense reduction from change in useful lives	$ 0.03			$ 0.08
Class B Common Stock [Member]
Property, Plant and Equipment [Line Items]
Change to earnings per share basic for depreciation expense reduction from change in useful lives	$ 0.03			$ 0.09
Change to earnings per share diluted for depreciation expense reduction from change in useful lives	$ 0.03			$ 0.08

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Debt

9 Months Ended

Sep. 29, 2013

Debt Disclosure [Abstract]

Debt

10. Debt

Debt was summarized as follows:

In Thousands	Maturity		Interest Rate			Interest Paid		Sept. 29, 2013			Dec. 30, 2012			Sept. 30, 2012
Revolving credit facility		2016		Variable			Varies	$	20,000		$	30,000		$	0
Line of credit		2013		Variable			Varies		20,000			20,000			0
Senior Notes		2012		5.00	%		Semi-annually		0			0			150,000
Senior Notes		2015		5.30	%		Semi-annually		100,000			100,000			100,000
Senior Notes		2016		5.00	%		Semi-annually		164,757			164,757			164,757
Senior Notes		2019		7.00	%		Semi-annually		110,000			110,000			110,000
Unamortized discount on Senior Notes		2019							(1,237	)		(1,371	)		(1,413	)
									413,520			423,386			523,344
Less: Current portion of debt									20,000			20,000			120,000
Long-term debt								$	393,520		$	403,386		$	403,344

On September 21, 2011, the Company entered into a $200 million five-year unsecured revolving credit agreement (“$200 million facility”) replacing the Company’s previous $200 million five-year unsecured revolving credit facility. The $200 million facility has a scheduled maturity date of September 21, 2016 and up to $25 million is available for the issuance of letters of credit. Borrowings under the agreement bear interest at a floating base rate or a floating Eurodollar rate plus an interest rate spread, dependent on the Company’s credit rating at the time of borrowing. The Company must pay an annual facility fee of .175% of the lenders’ aggregate commitments under the facility. The $200 million facility contains two financial covenants: a cash flow/fixed charges ratio (“fixed charges coverage ratio”) and a funded indebtedness/cash flow ratio (“operating cash flow ratio”), each as defined in the credit agreement. The fixed charges coverage ratio requires the Company to maintain a consolidated cash flow to fixed charges ratio of 1.5 to 1.0 or higher. The operating cash flow ratio requires the Company to maintain a debt to operating cash flow ratio of 6.0 to 1.0 or lower. The Company is currently in compliance with these covenants. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources.

On September 4, 2013, the Company entered into an amendment to its $200 million facility. The amendment clarified that the non-cash charge to be incurred by the Company in the fourth quarter of 2013 (“Q4 2013”) as a result of the Company’s limited-time offer of a lump sum distribution of pension benefits to certain pension plan participants will be excluded from the calculation of the financial covenants described above to the extent that the non-cash charge is recognized on or before December 31, 2013 and does not exceed $12.0 million. See Note 18 to the consolidated financial statements for additional information on the limited-time pension distribution.

On September 29, 2013, the Company had $20.0 million of outstanding borrowings on the $200 million facility and had $180.0 million available to meet its cash requirements. On December 30, 2012, the Company had $30.0 million of outstanding borrowings on the $200 million facility. On September 30, 2012, the Company had no outstanding borrowings on the $200 million facility.

On February 10, 2010, the Company entered into an agreement for an uncommitted line of credit. Under this agreement, which is still in place, the Company may borrow up to a total of $20 million for periods of 7 days, 30 days, 60 days or 90 days at the discretion of the participating bank. On both September 29, 2013 and December 30, 2012, the Company had $20.0 million outstanding under the uncommitted line of credit at a weighted average interest rate of 0.93% and 0.94%, respectively. On September 30, 2012, the Company had no outstanding borrowings under the uncommitted line of credit.

The Company used a combination of available cash on hand, borrowings on the uncommitted line of credit and borrowings under the $200 million facility to repay $150 million of the Company’s senior notes that matured in November 2012.

As of September 29, 2013, December 30, 2012 and September 30, 2012, the Company had a weighted average interest rate of 6.1%, 5.9% and 6.1%, respectively, for its outstanding debt and capital lease obligations. The Company’s overall weighted average interest rate on its debt and capital lease obligations was 5.8% for YTD 2013 compared to 6.1% for YTD 2012. As of September 29, 2013, $40.0 million of the Company’s debt and capital lease obligations of $479.6 million were subject to changes in short-term interest rates.

The Company’s public debt is not subject to financial covenants but does limit the incurrence of certain liens and encumbrances as well as the incurrence of indebtedness by the Company’s subsidiaries in excess of certain amounts.

All of the outstanding long-term debt has been issued by the Company with none being issued by any of the Company’s subsidiaries. There are no guarantees of the Company’s debt.

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Supplemental Disclosures of Cash Flow Information - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Statement Of Cash Flows [Abstract]
Additions to property, plant and equipment accrued	$ 2.0	$ 2.2

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Net Sales by Product Category (Tables)

9 Months Ended

Sep. 29, 2013

Text Block [Abstract]

Net Sales by Product Category

Net sales by product category were as follows:

	Third Quarter				First Nine Months
In Thousands	2013		2012		2013		2012
Bottle/can sales:
Sparkling beverages (including energy products)	$	273,905	$	271,279	$	798,271	$	809,640
Still beverages		73,336		68,256		196,352		186,067
Total bottle/can sales		347,241		339,535		994,623		995,707
Other sales:
Sales to other Coca-Cola bottlers		42,030		39,160		126,621		111,855
Post-mix and other		45,193		41,160		125,750		120,171
Total other sales		87,223		80,320		252,371		232,026
Total net sales	$	434,464	$	419,855	$	1,246,994	$	1,227,733

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Related Party Transactions - Additional Information (Detail) (USD $)	9 Months Ended		12 Months Ended
	Sep. 29, 2013 Entity	Sep. 30, 2012	Dec. 30, 2012
Related Party Transaction [Line Items]
Percentage of interest held in common stock by The Coca-Cola Company	34.80%
Voting power of stock held by The Coca-Cola Company	5.00%
Purchases from related party	$ 309,900,000	$ 313,900,000
Accounts receivable related party	24,549,000	20,437,000	15,521,000
Amount of debt portion guaranteed	33,500,000	36,600,000	35,900,000
Number of entities in which reporting entity is shareholder and purchases majority plastic bottles	2
Collateral assets against SAC or Southeastern guarantees	0
Impairment of investments in cooperatives	0		0
Principal balance outstanding under capital lease	66,100,000	70,800,000	69,600,000
CCR [Member] | Production Agreement [Member]
Related Party Transaction [Line Items]
Sales to related parties	45,400,000	49,200,000
Purchases from related party	34,900,000	23,300,000
CCR [Member] | Tum-E Yummies [Member]
Related Party Transaction [Line Items]
Sales to related parties	19,300,000	18,300,000
CCBSS [Member]
Related Party Transaction [Line Items]
Payments to CCBSS as administration fees for its services	300,000	300,000
Accounts receivable related party	5,000,000	4,000,000	3,800,000
Southeastern [Member]
Related Party Transaction [Line Items]
Purchases from related party	60,400,000	63,300,000
Amount of debt portion guaranteed	11,600,000
Equity Investment	20,800,000	19,500,000	19,500,000
Beacon [Member]
Related Party Transaction [Line Items]
Lease expires	Dec. 31, 2021
Principal balance outstanding under capital lease	23,500,000	25,600,000	25,100,000
Beacon [Member] | Capital Lease [Member]
Related Party Transaction [Line Items]
Rental payments related to the lease	3,100,000	3,000,000
SAC [Member]
Related Party Transaction [Line Items]
Purchases from related party	104,700,000	106,900,000
Management fees earned from SAC	1,200,000	1,100,000
Amount of debt portion guaranteed	21,900,000
Equity Investment	4,100,000	4,100,000	4,100,000
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Lease expires	Dec. 31, 2020
Principal balance outstanding under capital lease	22,700,000	24,600,000	24,100,000
HLP, SPC & Adjacent Sales Facility [Member] | Capital Lease [Member]
Related Party Transaction [Line Items]
Rental payments related to the lease	$ 2,700,000	$ 2,600,000

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Leased Property Under Capital Leases - Leased Property Under Capital Leases (Detail) (USD $) In Thousands, unless otherwise specified				9 Months Ended
	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012	Sep. 29, 2013 Minimum [Member]	Sep. 29, 2013 Maximum [Member]
Capital Leased Assets [Line Items]
Leased property under capital leases	$ 94,629	$ 94,180	$ 94,180
Less: Accumulated amortization	44,417	40,030	38,579
Leased property under capital leases, net	$ 50,212	$ 54,150	$ 55,601
Leased property under capital leases, Estimated Useful Lives				3 years	20 years

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Other Identifiable Intangible Assets (Tables)

9 Months Ended

Sep. 29, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

Other Identifiable Intangible Assets

Other identifiable intangible assets were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Other identifiable intangible assets	$	8,547	$	8,557	$	8,557		20 years
Less: Accumulated amortization		4,783		4,534		4,430
Other identifiable intangible assets, net	$	3,764	$	4,023	$	4,127

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Related Party Transactions

9 Months Ended

Sep. 29, 2013

Related Party Transactions [Abstract]

Related Party Transactions

19. Related Party Transactions

The Company’s business consists primarily of the production, marketing and distribution of nonalcoholic beverages of The Coca-Cola Company, which is the sole owner of the secret formulas under which the primary components (either concentrate or syrup) of its soft drink products are manufactured. As of September 29, 2013, The Coca-Cola Company had a 34.8% interest in the Company’s total outstanding Common Stock, representing 5.0% of the total voting power of the Company’s Common Stock and Class B Common Stock voting together as a single class. The Coca-Cola Company does not own any shares of Class B Common Stock of the Company.

The following table summarizes the significant transactions between the Company and The Coca-Cola Company:

	First Nine Months
In Millions	2013		2012
Payments by the Company for concentrate, syrup, sweetener and other purchases	$	309.9	$	313.9
Marketing funding support payments to the Company		32.6		33.1
Payments by the Company net of marketing funding support	$	277.3	$	280.8
Payments by the Company for customer marketing programs	$	43.2	$	43.1
Payments by the Company for cold drink equipment parts		6.9		7.1
Fountain delivery and equipment repair fees paid to the Company		9.4		9.1
Presence marketing funding support provided by The Coca-Cola Company on the Company’s behalf		4.0		2.6
Payments to the Company to facilitate the distribution of certain brands and packages to other Coca-Cola bottlers		3.0		2.1

The Company has a production arrangement with Coca-Cola Refreshments USA Inc. (“CCR”) to buy and sell finished products at cost. CCR is a wholly-owned subsidiary of The Coca-Cola Company. Sales to CCR under this arrangement were $45.4 million and $49.2 million in YTD 2013 and YTD 2012, respectively. Purchases from CCR under this arrangement were $34.9 million and $23.3 million in YTD 2013 and YTD 2012, respectively. In addition, CCR distributes one of the Company’s own brands (Tum-E Yummies). Total sales to CCR for this brand were $19.3 million and $18.3 million in YTD 2013 and YTD 2012, respectively.

Along with all other Coca-Cola bottlers in the United States, the Company is a member in Coca-Cola Bottlers’ Sales and Services Company, LLC (“CCBSS”), which was formed in 2003 for the purposes of facilitating various procurement functions and distributing certain specified beverage products of The Coca-Cola Company with the intention of enhancing the efficiency and competitiveness of the Coca-Cola bottling system in the United States. CCBSS negotiates the procurement for the majority of the Company’s raw materials (excluding concentrate). The Company pays an administrative fee to CCBSS for its services. Administrative fees to CCBSS for its services were $0.3 million in both YTD 2013 and YTD 2012. Amounts due from CCBSS for rebates on raw materials were $5.0 million, $3.8 million and $4.0 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively. CCR is also a member of CCBSS.

The Company is a member of SAC, a manufacturing cooperative. SAC sells finished products to the Company and Piedmont at cost. Purchases from SAC by the Company and Piedmont for finished products were $104.7 million and $106.9 million in YTD 2013 and YTD 2012, respectively. The Company also manages the operations of SAC pursuant to a management agreement. Management fees earned from SAC were $1.2 million and $1.1 million in YTD 2013 and YTD 2012, respectively. The Company has also guaranteed a portion of debt for SAC. Such guarantee amounted to $21.9 million as of September 29, 2013. The Company’s equity investment in SAC was $4.1 million as of September 29, 2013, December 30, 2012 and September 30, 2012 and was recorded in other assets on the Company’s consolidated balance sheets.

The Company is a shareholder in two entities from which it purchases a majority of its requirements for plastic bottles. Net purchases from these entities were $60.4 million in YTD 2013 and $63.3 million in YTD 2012. In conjunction with the Company’s participation in one of these entities, Southeastern, the Company has guaranteed a portion of the entity’s debt. Such guarantee amounted to $11.6 million as of September 29, 2013. The Company’s equity investment in Southeastern was $20.8 million, $19.5 million and $19.5 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively, and was recorded in other assets on the Company’s consolidated balance sheets.

The Company holds no assets as collateral against SAC or Southeastern guarantees, the fair value of which is immaterial.

The Company monitors its investments in cooperatives and would be required to write down its investment if an impairment is identified and the Company determined it to be other than temporary. No impairment of the Company’s investments in cooperatives has been identified as of September 29, 2013 nor was there any impairment in 2012.

The Company leases from Harrison Limited Partnership One (“HLP”) the Snyder Production Center (“SPC”) and an adjacent sales facility, which are located in Charlotte, North Carolina. HLP is directly and indirectly owned by trusts of which J. Frank Harrison, III, Chairman of the Board of Directors and Chief Executive Officer of the Company, and Deborah H. Everhart, a director of the Company, are trustees and beneficiaries. Morgan H. Everett, a director of the Company, is a permissible, discretionary beneficiary of the trusts that directly or indirectly own HLP. The lease expires on December 31, 2020. The principal balance outstanding under this capital lease as of September 29, 2013, December 30, 2012 and September 30, 2012 was $22.7 million, $24.1 million and $24.6 million, respectively. Rental payments related to this lease were $2.7 million and $2.6 million in YTD 2013 and YTD 2012, respectively.

The Company leases from Beacon Investment Corporation (“Beacon”) the Company’s headquarters office facility and an adjacent office facility. The lease expires on December 31, 2021. Beacon’s sole shareholder is J. Frank Harrison, III. The principal balance outstanding under this capital lease as of September 29, 2013, December 30, 2012 and September 30, 2012 was $23.5 million, $25.1 million and $25.6 million, respectively. Rental payments related to this lease were $3.1 million and $3.0 million in YTD 2013 and YTD 2012, respectively.

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Benefit Plans

9 Months Ended

Sep. 29, 2013

Compensation And Retirement Disclosure [Abstract]

Benefit Plans

18. Benefit Plans

Pension Plans

All benefits under the primary Company-sponsored pension plan were frozen as of June 30, 2006 and no benefits have accrued to participants after this date. The Company also sponsors a pension plan for certain employees under collective bargaining agreements. Benefits under the pension plan for collectively bargained employees are determined in accordance with negotiated formulas for the respective participants. Contributions to the plans are based on actuarial determined amounts and are limited to the amounts currently deductible for income tax purposes.

The components of net periodic pension cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	32		$	28		$	96		$	83
Interest cost		3,086			3,124			9,258			9,371
Expected return on plan assets		(3,546	)		(2,973	)		(10,640	)		(8,918	)
Amortization of prior service cost		4			5			12			15
Recognized net actuarial loss		837			693			2,513			2,080
Net periodic pension cost	$	413		$	877		$	1,239		$	2,631

The Company contributed $0.1 million to the Company-sponsored pension plans during YTD 2013. Anticipated contributions for the two Company-sponsored pension plans will be in the range of $2 million to $3 million during the remainder of 2013.

In Q3 2013, the Company announced a limited Lump Sum Window distribution of present valued pension benefits to certain terminated plan participants meeting certain criteria. The benefit election window was open during Q3 2013 and benefit distributions will be made during Q4 2013. Based upon the number of plan participants electing to take a distribution, and the total amount of such distributions, the Company will incur a non-cash charge of approximately $12 million in Q4 2013 when the distributions are made in accordance with the relevant accounting standards. The reduction in the number of plan participants and the reduction of plan assets will reduce the cost of administering the pension plan in the future.

Postretirement Benefits

The Company provides postretirement benefits for a portion of its current employees. The Company recognizes the cost of postretirement benefits, which consist principally of medical benefits, during employees’ periods of active service. The Company does not pre-fund these benefits and has the right to modify or terminate certain of these benefits in the future.

The components of net periodic postretirement benefit cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	412		$	316		$	1,238		$	948
Interest cost		715			781			2,145			2,344
Recognized net actuarial loss		700			613			2,100			1,838
Amortization of prior service cost		(377	)		(379	)		(1,133	)		(1,137	)
Net periodic postretirement benefit cost	$	1,450		$	1,331		$	4,350		$	3,993

401(k) Savings Plan

The Company provides a 401(k) Savings Plan for substantially all of its full-time employees who are not part of collective bargaining agreements.

During 2012, the Company changed the Company’s 401(k) Saving Plan matching contribution from fixed to discretionary, maintaining the option to make matching contributions for eligible participants of up to 5% based on the Company’s financial results for 2012 and future years. The 5% matching contribution was accrued during 2012. Based on the Company’s financial results, the Company decided to match 5% of eligible participants’ contributions for the entire year of 2012. The Company made this contribution payment for 2012 in Q1 2013. The Company has accrued the 5% discretionary matching contribution for YTD 2013, as this is the best estimate of the Company’s probable obligation. The total expense for this benefit was $5.8 million and $6.4 million in YTD 2013 and YTD 2012, respectively.

Multi-Employer Benefits

The Company currently has a liability to a multi-employer pension plan related to the Company’s exit from the plan in 2008. As of September 29, 2013, the Company had a liability of $9.4 million recorded. The Company is required to make payments of approximately $1 million each year through 2028 to this multi-employer pension plan.

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Benefit Plans (Tables)

9 Months Ended

Sep. 29, 2013

Compensation And Retirement Disclosure [Abstract]

Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	32		$	28		$	96		$	83
Interest cost		3,086			3,124			9,258			9,371
Expected return on plan assets		(3,546	)		(2,973	)		(10,640	)		(8,918	)
Amortization of prior service cost		4			5			12			15
Recognized net actuarial loss		837			693			2,513			2,080
Net periodic pension cost	$	413		$	877		$	1,239		$	2,631

Components of Net Periodic Postretirement Benefit Cost

The components of net periodic postretirement benefit cost were as follows:

	Third Quarter						First Nine Months
In Thousands	2013			2012			2013			2012
Service cost	$	412		$	316		$	1,238		$	948
Interest cost		715			781			2,145			2,344
Recognized net actuarial loss		700			613			2,100			1,838
Amortization of prior service cost		(377	)		(379	)		(1,133	)		(1,137	)
Net periodic postretirement benefit cost	$	1,450		$	1,331		$	4,350		$	3,993

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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 29, 2013

Accounting Policies [Abstract]

Revision of Prior Period Financial Statements

First Nine Months Ended September 30, 2012
In Thousands	As Previously Reported		Adjustment			As Revised
Deferred income taxes	$	143,553	$	1,831		$	145,384
Total liabilities		1,175,369		1,831			1,177,200
Retained earnings		172,751		(1,831	)		170,920
Total equity of Coca-Cola Bottling Co. Consolidated		152,892		(1,831	)		151,061
Total equity		215,647		(1,831	)		213,816

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Debt (Tables)

9 Months Ended

Sep. 29, 2013

Debt Disclosure [Abstract]

Summary of Debt

Debt was summarized as follows:

In Thousands	Maturity		Interest Rate			Interest Paid		Sept. 29, 2013			Dec. 30, 2012			Sept. 30, 2012
Revolving credit facility		2016		Variable			Varies	$	20,000		$	30,000		$	0
Line of credit		2013		Variable			Varies		20,000			20,000			0
Senior Notes		2012		5.00	%		Semi-annually		0			0			150,000
Senior Notes		2015		5.30	%		Semi-annually		100,000			100,000			100,000
Senior Notes		2016		5.00	%		Semi-annually		164,757			164,757			164,757
Senior Notes		2019		7.00	%		Semi-annually		110,000			110,000			110,000
Unamortized discount on Senior Notes		2019							(1,237	)		(1,371	)		(1,413	)
									413,520			423,386			523,344
Less: Current portion of debt									20,000			20,000			120,000
Long-term debt								$	393,520		$	403,386		$	403,344

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Net Income Per Share (Tables)

9 Months Ended

Sep. 29, 2013

Earnings Per Share [Abstract]

Computation of Basic Net Income Per Share and Diluted Net Income Per Share

The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method:

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	16,169	$	10,079	$	32,260	$	25,391
Less dividends:
Common Stock		1,785		1,785		5,356		5,356
Class B Common Stock		527		522		1,577		1,561
Total undistributed earnings	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – basic	$	10,698	$	6,013	$	19,563	$	14,301
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Total undistributed earnings – basic	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – diluted	$	10,652	$	5,987	$	19,479	$	14,239
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Total undistributed earnings – diluted	$	13,857	$	7,772	$	25,327	$	18,474
Numerator for basic net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Common Stock undistributed earnings – basic		10,698		6,013		19,563		14,301
Numerator for basic net income per Common Stock share	$	12,483	$	7,798	$	24,919	$	19,657
Numerator for basic net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Numerator for basic net income per Class B Common Stock share	$	3,686	$	2,281	$	7,341	$	5,734

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for diluted net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Dividends on Class B Common Stock assumed converted to Common Stock		527		522		1,577		1,561
Common Stock undistributed earnings – diluted		13,857		7,772		25,327		18,474
Numerator for diluted net income per Common Stock share	$	16,169	$	10,079	$	32,260	$	25,391
Numerator for diluted net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Numerator for diluted net income per Class B Common Stock share	$	3,732	$	2,307	$	7,425	$	5,796

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Denominator for basic net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141		7,141		7,141		7,141
Class B Common Stock weighted average shares outstanding – basic		2,109		2,089		2,104		2,084
Denominator for diluted net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,290		9,270		9,285		9,265
Class B Common Stock weighted average shares outstanding – diluted		2,149		2,129		2,144		2,124
Basic net income per share:
Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Class B Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Diluted net income per share:
Common Stock	$	1.74	$	1.09	$	3.47	$	2.74
Class B Common Stock	$	1.74	$	1.08	$	3.46	$	2.73

NOTES TO TABLE

(1) For purposes of the diluted net income per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.

(2) For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

(3) Denominator for diluted net income per share for Common Stock and Class B Common Stock includes the dilutive effect of shares relative to the Performance Unit Award.

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Supplemental Disclosures of Cash Flow Information

9 Months Ended

Sep. 29, 2013

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information

23. Supplemental Disclosures of Cash Flow Information

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

	First Nine Months
In Thousands	2013			2012
Accounts receivable, trade, net	$	(10,544	)	$	(5,638	)
Accounts receivable from The Coca-Cola Company		(9,028	)		(11,137	)
Accounts receivable, other		(1,650	)		2,291
Inventories		(4,331	)		(8,334	)
Prepaid expenses and other current assets		802			1,405
Accounts payable, trade		7,085			7,120
Accounts payable to The Coca-Cola Company		15,533			7,881
Other accrued liabilities		(1,255	)		8,723
Accrued compensation		(6,298	)		(4,885	)
Accrued interest payable		5,320			6,673
(Increase) decrease in current assets less current liabilities	$	(4,366	)	$	4,099

Non-cash activity

Additions to property, plant and equipment of $2.0 million and $2.2 million have been accrued but not paid and are recorded in accounts payable, trade as of September 29, 2013 and September 30, 2012, respectively.

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Derivative Financial Instruments - Additional Information (Detail)	Sep. 29, 2013 Contract	Dec. 30, 2012 Contract	Sep. 30, 2012 Contract
Offsetting [Abstract]
Outstanding interest rate derivative contracts	0	0	0
Number of offsetting derivative transactions with counterparties		0	0
Number of outstanding derivative transactions	0

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Income Taxes - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012	Dec. 30, 2012
Income Tax [Line Items]
Tax rate			28.80%	40.50%
Effective income tax rate			31.10%	43.10%
Uncertain tax positions	$ 2.8	$ 5.1	$ 2.8	$ 5.1	$ 5.5
Uncertain tax positions that would affect tax rate	2.8	2.6	2.8	2.6	3.0
Time period that uncertain tax positions not expected to materially change			12 months
Reduction of liability for uncertain tax positions	3.4	0.2
Decrease in income tax expense	0.9	0.2
Accrued interest related to uncertain tax positions	0.2	0.5	0.2	0.5	0.5
Interest expense			(0.3)	0.1
Credit to income tax expense			0.4
Decrease in corporate income tax expense due to state tax rate change	2.3
Increase in valuation allowance				$ 1.2
State [Member]
Income Tax [Line Items]
State previous tax rate	6.90%
State current tax rate after reduction	6.00%
Tax rate after further reduction	5.00%
Internal Revenue Service (IRS) [Member] | Minimum [Member]
Income Tax [Line Items]
Tax year open for examination			2010
State Jurisdiction [Member] | Minimum [Member]
Income Tax [Line Items]
Tax year open for examination			1995

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Debt - Additional Information (Detail) (USD $)	1 Months Ended	9 Months Ended						3 Months Ended
	Sep. 21, 2011	Sep. 29, 2013	Sep. 30, 2012	Sep. 04, 2013	Dec. 30, 2012	Feb. 10, 2010	Sep. 29, 2013 Minimum [Member]	Sep. 29, 2013 Maximum [Member]
Line of Credit Facility [Line Items]
Unsecured revolving credit agreement	$ 200,000,000	$ 200,000,000		$ 200,000,000
Period of Unsecured revolving credit agreement	5 years
Maturity date of unsecured revolving credit agreement	Sep. 21, 2016	Sep. 21, 2016
Amount available for issuance of letters of credit from revolving credit facility		25,000,000
Annual facility fee		0.175%
Fixed charges ratio							1.5
Operating cash flow ratio								6.0
Maximum non-cash charge excluded from covenant calculation per amendment to the unsecured revolving credit agreement								12,000,000
Outstanding borrowings on unsecured revolving credit agreement		20,000,000	0		30,000,000
Available to meet its cash requirements under revolving credit facility		180,000,000
Uncommitted Line of Credit Agreement						20,000,000
Uncommitted line of credit initiation date		Feb. 10, 2010
Uncommitted line of credit period 1		7 days
Uncommitted line of credit period 2		30 days
Uncommitted line of credit period 3		60 days
Uncommitted line of credit period 4		90 days
Outstanding borrowing on uncommitted line of credit		20,000,000	0		20,000,000
Uncommitted line of credit, weighted average interest rate		0.93%			0.94%
Senior notes maturity prior year					150,000,000
Maturity date of long-term debt maturing prior year					2012-11
Weighted average interest rate on debt and capital lease obligations spot rate		6.10%	6.10%		5.90%
Overall weighted average interest rate on debt and capital lease obligations		5.80%	6.10%
Debt and capital lease obligations subject to changes in short-term interest rates		40,000,000
Debt and capital lease obligations		479,600,000
Debt issued by subsidiaries		0
Guarantees of company debt		$ 0

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Other Liabilities (Tables)

9 Months Ended

Sep. 29, 2013

Payables And Accruals [Abstract]

Summary of Other Liabilities

Other liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accruals for executive benefit plans	$	106,370	$	101,220	$	99,568
Other		16,838		17,083		17,020
Total other liabilities	$	123,208	$	118,303	$	116,588

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Fair Value of Financial Instruments - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Transfers of assets between level 1 to level 2	$ 0		$ 0
Transfers of liabilities between level 1 to level 2	0		0
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Level 3 Assets	0	0	0
Level 3 Liabilities	$ 0	$ 0	$ 0

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Capital Transactions

9 Months Ended

Sep. 29, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Capital Transactions

17. Capital Transactions

The Company has two classes of common stock outstanding, Common Stock and Class B Common Stock. The Common Stock is traded on the NASDAQ Global Select Market^sm under the symbol COKE. There is no established public trading market for the Class B Common Stock. Shares of the Class B Common Stock are convertible on a share-for-share basis into shares of Common Stock at any time at the option of the holders of Class B Common Stock.

No cash dividend or dividend of property or stock other than stock of the Company, as specifically described in the Company’s certificate of incorporation, may be declared and paid on the Class B Common Stock unless an equal or greater dividend is declared and paid on the Common Stock. During YTD 2013 and YTD 2012, dividends of $.75 per share were declared and paid on both the Common Stock and Class B Common Stock.

Each share of Common Stock is entitled to one vote per share and each share of Class B Common Stock is entitled to 20 votes per share at all meetings of stockholders. Except as otherwise required by law, holders of the Common Stock and Class B Common Stock vote together as a single class on all matters brought before the Company’s stockholders. In the event of liquidation, there is no preference between the two classes of common stock.

On April 29, 2008, the stockholders of the Company approved a Performance Unit Award Agreement for J. Frank Harrison, III, the Company’s Chairman of the Board of Directors and Chief Executive Officer, consisting of 400,000 performance units (“Units”). Each Unit represents the right to receive one share of the Company’s Class B Common Stock, subject to certain terms and conditions. The Units are subject to vesting in annual increments over a ten-year period starting in fiscal year 2009. The number of Units that vest each year equals the product of 40,000 multiplied by the overall goal achievement factor (not to exceed 100%) under the Company’s Annual Bonus Plan.

Each annual 40,000 Unit tranche has an independent performance requirement as it is not established until the Company’s Annual Bonus Plan targets are approved each year by the Compensation Committee of the Board of Directors. As a result, each 40,000 Unit tranche is considered to have its own service inception date, grant-date and requisite service period. The Company’s Annual Bonus Plan targets, which establish the performance requirements for the Performance Unit Award Agreement, are approved by the Compensation Committee of the Board of Directors in the first quarter of each year. The Performance Unit Award Agreement does not entitle Mr. Harrison, III to participate in dividends or voting rights until each installment has vested and the shares are issued. Mr. Harrison, III may satisfy tax withholding requirements in whole or in part by requiring the Company to settle in cash such number of Units otherwise payable in Class B Common Stock to meet the maximum statutory tax withholding requirements.

On March 5, 2013 and March 6, 2012, the Compensation Committee determined that 40,000 shares of the Company’s Class B Common Stock should be issued in each year pursuant to a Performance Unit Award Agreement to J. Frank Harrison, III, in connection with his services in 2012 and 2011, respectively, as Chairman of the Board of Directors and Chief Executive Officer of the Company. As permitted under the terms of the Performance Unit Award Agreement, 19,880 and 17,680 of such shares were settled in cash in 2013 and 2012, respectively, to satisfy tax withholding obligations in connection with the vesting of the performance units.

The increase in the total number of shares outstanding in YTD 2013 and YTD 2012 was due to the issuance of the 20,120 and 22,320 shares, respectively, of Class B Common Stock related to the Performance Unit Award Agreement in each year.

Compensation expense for the Performance Unit Award Agreement recognized in YTD 2013 was $1.9 million, which was based upon a common stock share price of $63.36 on September 27, 2013. Compensation expense for the Performance Unit Award Agreement recognized in YTD 2012 was $2.0 million, which was based upon a common stock share price of $68.10 on September 28, 2012.

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Consolidated Statements of Changes in Equity (USD $) In Thousands	Total	Common Stock [Member]	Class B Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Retained Earnings [Member] Common Stock [Member]	Retained Earnings [Member] Class B Common Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total Equity of CCBCC [Member]	Total Equity of CCBCC [Member] Common Stock [Member]	Total Equity of CCBCC [Member] Class B Common Stock [Member]	Noncontrolling Interest [Member]
Beginning Balance at Jan. 01, 2012	$ 189,407	$ 10,204	$ 2,693	$ 106,201	$ 152,446			$ (80,820)	$ (61,254)	$ 129,470			$ 59,937
Net income	28,209				25,391					25,391			2,818
Other comprehensive income, net of tax	1,696							1,696		1,696
Cash dividends paid ($.75 per share)		(5,356)	(1,561)			(5,356)	(1,561)				(5,356)	(1,561)
Issuance of shares of Class B Common Stock	1,421		22	1,399						1,421
Ending Balance at Sep. 30, 2012	213,816	10,204	2,715	107,600	170,920			(79,124)	(61,254)	151,061			62,755
Beginning Balance at Jul. 01, 2012
Net income	11,214
Other comprehensive income, net of tax	565
Cash dividends paid ($.75 per share)		(1,785)	(522)
Ending Balance at Sep. 30, 2012	213,816	10,204	2,715						(61,254)
Beginning Balance at Dec. 30, 2012	199,438	10,204	2,715	107,681	170,439			(94,526)	(61,254)	135,259			64,179
Net income	35,888				32,260					32,260			3,628
Other comprehensive income, net of tax	2,130							2,130		2,130
Cash dividends paid ($.75 per share)		(5,356)	(1,577)			(5,356)	(1,577)				(5,356)	(1,577)
Issuance of shares of Class B Common Stock	1,298		20	1,278						1,298
Ending Balance at Sep. 29, 2013	231,821	10,204	2,735	108,959	195,766			(92,396)	(61,254)	164,014			67,807
Beginning Balance at Jun. 30, 2013
Net income	18,083
Other comprehensive income, net of tax	714
Cash dividends paid ($.75 per share)		(1,785)	(527)
Ending Balance at Sep. 29, 2013	$ 231,821	$ 10,204	$ 2,735						$ (61,254)

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Cash Flows from Operating Activities
Net income	$ 35,888	$ 28,209
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	43,655	46,075
Amortization of intangibles	250	312
Deferred income taxes	(1,376)	3,409
(Gain)/loss on sale of property, plant and equipment	(264)	467
Amortization of debt costs	1,453	1,726
Amortization of deferred gain related to terminated interest rate agreements	(411)	(923)
Stock compensation expense	1,901	2,043
(Increase) decrease in current assets less current liabilities	(4,366)	4,099
(Increase) decrease in other noncurrent assets	(6,656)	(5,461)
Increase (decrease) in other noncurrent liabilities	4,887	(15,599)
Other	12	(1)
Total adjustments	39,085	36,147
Net cash provided by operating activities	74,973	64,356
Cash Flows from Investing Activities
Additions to property, plant and equipment	(45,197)	(35,541)
Proceeds from the sale of property, plant and equipment	6,056	548
Change in restricted cash	0	3,000
Net cash used in investing activities	(39,141)	(31,993)
Cash Flows from Financing Activities
Borrowings under revolving credit facility	55,000	0
Payment on revolving credit facility	(65,000)	0
Cash dividends paid	(6,933)	(6,917)
Principal payments on capital lease obligations	(3,926)	(3,460)
Other	(89)	(83)
Net cash used in financing activities	(20,948)	(10,460)
Net increase in cash	14,884	21,903
Cash at beginning of period	10,399	90,758
Cash at end of period	25,283	112,661
Significant non-cash investing and financing activities:
Issuance of Class B Common Stock in connection with stock award	1,298	1,421
Capital lease obligations incurred	$ 455	$ 209

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Piedmont Coca-Cola Bottling Partnership

9 Months Ended

Sep. 29, 2013

Noncontrolling Interest [Abstract]

Piedmont Coca-Cola Bottling Partnership

3. Piedmont Coca-Cola Bottling Partnership

On July 2, 1993, the Company and The Coca-Cola Company formed Piedmont Coca-Cola Bottling Partnership (“Piedmont”) to distribute and market nonalcoholic beverages primarily in portions of North Carolina and South Carolina. The Company provides a portion of the nonalcoholic beverage products to Piedmont at cost and receives a fee for managing the operations of Piedmont pursuant to a management agreement. These intercompany transactions are eliminated in the consolidated financial statements.

Noncontrolling interest as of September 29, 2013, December 30, 2012 and September 30, 2012 represents the portion of Piedmont owned by The Coca-Cola Company. The Coca-Cola Company’s interest in Piedmont was 22.7% for all periods presented.

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Income Taxes - Reconciliation of Income Tax Expense at Statutory Federal Rate to Actual Income Tax Expense (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Income Tax Disclosure [Abstract]
Statutory expense			$ 17,653	$ 16,603
State income taxes, net of federal benefit			2,093	2,052
Valuation allowance change			(1)	1,172
Noncontrolling interest - Piedmont			(1,348)	(1,324)
Manufacturing deduction benefit			(1,678)	(1,412)
Meals and entertainment			1,070	1,024
Adjustment for uncertain tax positions			(223)	378
Adjustment for state tax legislation			(2,261)	0
Other, net			(755)	735
Income tax expense	$ 4,756	$ 7,191	$ 14,550	$ 19,228

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Significant Accounting Policies

9 Months Ended

Sep. 29, 2013

Accounting Policies [Abstract]

Significant Accounting Policies

1. Significant Accounting Policies

The consolidated financial statements include the accounts of Coca-Cola Bottling Co. Consolidated and its majority-owned subsidiaries (the “Company”). All intercompany accounts and transactions have been eliminated.

The consolidated financial statements reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results for the interim periods presented. All such adjustments are of a normal, recurring nature.

The consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (GAAP) for interim financial reporting and the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all information and footnotes required by GAAP. The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

The accounting policies followed in the presentation of interim financial results are consistent with those followed on an annual basis. These policies are presented in Note 1 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 30, 2012 filed with the United States Securities and Exchange Commission.

Certain prior year amounts have been reclassified to conform to current classifications.

In the third quarter of 2013 (“Q3 2013”), the Company recorded an out-of-period adjustment of $1.3 million for reimbursements received in the third quarter from brand companies for net price reductions to certain of our customers on their products that occurred in the previous two quarters. This out-of-period item did not have a material impact on the current or either of the previously reported periods.

Revision of Prior Period Financial Statements

In connection with the preparation of the consolidated financial statements for the fourth quarter of 2012, the Company identified an error in the treatment of a certain prior year deferred tax asset in the Consolidated Balance Sheets. This resulted in an understatement of net noncurrent deferred income tax liability and an overstatement of retained earnings, and therefore equity, for each of the impacted periods. This error affected the Consolidated Balance Sheets and Consolidated Statements of Changes in Stockholders’ Equity as presented in each of the quarters of 2012, 2011 and 2010, including the year-end consolidated financial statements for 2011 and 2010. This resulted in an understatement of deferred income taxes and an overstatement of retained earnings for each of the impacted periods. In accordance with accounting guidance presented in ASC 250-10 (SEC Staff Accounting Bulletin No. 99, Materiality), the Company assessed the materiality of the error and concluded that it was not material to any of the Company’s previously issued financial statements taken as a whole. The Company has revised previously issued financial statements to correct the effect of this error. This revision did not affect the Company’s Consolidated Statements of Operations or Consolidated Statements of Cash Flows for any of these periods.

	First Nine Months Ended September 30, 2012
In Thousands	As Previously Reported		Adjustment			As Revised
Deferred income taxes	$	143,553	$	1,831		$	145,384
Total liabilities		1,175,369		1,831			1,177,200
Retained earnings		172,751		(1,831	)		170,920
Total equity of Coca-Cola Bottling Co. Consolidated		152,892		(1,831	)		151,061
Total equity		215,647		(1,831	)		213,816

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Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 29, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

The following summarizes Q3 2013 and Q3 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		Third Quarter
In Thousands	Classification of Gain (Loss)	2013		2012
Commodity hedges	Cost of sales	$	0	$	1,037
Total		$	0	$	1,037

The following summarizes YTD 2013 and YTD 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		First Nine Months
In Thousands	Classification of Gain (Loss)	2013			2012
Commodity hedges	Cost of sales	$	(500	)	$	1,037
Total		$	(500	)	$	1,037

Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company:

In Thousands	Balance Sheet Classification	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	0	$	500	$	1,037
Unamortized cost of commodity hedging agreements	Prepaid expenses and other current assets		0		562		562
Total		$	0	$	1,062	$	1,599

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Net Sales by Product Category

9 Months Ended

Sep. 29, 2013

Text Block [Abstract]

Net Sales by Product Category

20. Net Sales by Product Category

Net sales by product category were as follows:

	Third Quarter				First Nine Months
In Thousands	2013		2012		2013		2012
Bottle/can sales:
Sparkling beverages (including energy products)	$	273,905	$	271,279	$	798,271	$	809,640
Still beverages		73,336		68,256		196,352		186,067
Total bottle/can sales		347,241		339,535		994,623		995,707
Other sales:
Sales to other Coca-Cola bottlers		42,030		39,160		126,621		111,855
Post-mix and other		45,193		41,160		125,750		120,171
Total other sales		87,223		80,320		252,371		232,026
Total net sales	$	434,464	$	419,855	$	1,246,994	$	1,227,733

Sparkling beverages are carbonated beverages as well as energy products while still beverages are noncarbonated beverages.

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New Accounting Pronouncements

9 Months Ended

Sep. 29, 2013

Accounting Changes And Error Corrections [Abstract]

New Accounting Pronouncements

24. New Accounting Pronouncements

Recently Adopted Pronouncements

In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance that is intended to enhance current disclosures on offsetting financial assets and liabilities. The new guidance requires an entity to disclose both gross and net information about financial instruments eligible for offset on the balance sheet and instruments and transactions subject to an agreement similar to a master netting arrangement. The provisions of the new guidance are effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The new guidance did not have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB issued new guidance which establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income. The new guidance requires a company to report the effect of significant reclassifications from accumulated other comprehensive income to the respective line items in net income or cross-reference to other disclosures for items not reclassified entirely to net income. The new guidance was effective for annual and interim periods beginning after December 15, 2012. The new guidance expands disclosure of other comprehensive income but does not change the manner in which items of other comprehensive income are accounted or the way in which net income or other comprehensive income is reported in the financial statements. The Company elected to report this information within the notes to the consolidated financial statements.

Recently Issued Pronouncements

In July 2013, the FASB issued new guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The provisions of the new guidance are effective for fiscal years beginning after December 15, 2013 with early adoption permitted. The Company does not expect the requirements of this new guidance to have a material impact on the Company’s consolidated financial statements.

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Commitments and Contingencies - Additional Information (Detail) (USD $)	9 Months Ended
	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012	Jul. 03, 2011	Jul. 04, 2010	Jul. 28, 2009
Loss Contingencies [Line Items]
Related party debt guarantee	$ 33,500,000	$ 35,900,000	$ 36,600,000
Holding of collateral against guarantee given	0
Letters of credit totaled	23,100,000
Restricted cash for letters of credit				3,000,000	3,500,000	4,500,000
Contractual arrangements	40,700,000
Contractual arrangements, expiration year	2022
SAC [Member]
Loss Contingencies [Line Items]
Cases of finished product obligated to purchase on an annual basis	17,500,000
Maximum aggregate exposure of debt guarantees	23,900,000
Maximum Aggregate Exposure of Debt Guarantees and Equity Investment	28,000,000
Number of years reporting entity purchasing finished products	More than ten years
Assets of guarantee	41,000,000
Debt of guarantee	22,000,000
Revenues of guarantee	138,000,000
Southeastern [Member]
Loss Contingencies [Line Items]
Purchase requirements of plastic bottles	80.00%
Maximum aggregate exposure of debt guarantees	25,300,000
Maximum Aggregate Exposure of Debt Guarantees and Equity Investment	46,100,000
Number of years reporting entity purchasing plastic bottles	More than ten years
Assets of guarantee	348,000,000
Debt of guarantee	139,000,000
Revenues of guarantee	$ 525,000,000
SAC and Southeastern [Member]
Loss Contingencies [Line Items]
Latest guarantee, expiration date	2023

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Leased Property Under Capital Leases (Tables)

9 Months Ended

Sep. 29, 2013

Leases [Abstract]

Leased Property Under Capital Leases

Leased property under capital leases was summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Leased property under capital leases	$	94,629	$	94,180	$	94,180		3-20 years
Less: Accumulated amortization		44,417		40,030		38,579
Leased property under capital leases, net	$	50,212	$	54,150	$	55,601

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Other Liabilities - Summary of Other Liabilities (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Other Liabilities Disclosure [Abstract]
Accruals for executive benefit plans	$ 106,370	$ 101,220	$ 99,568
Other	16,838	17,083	17,020
Total other liabilities	$ 123,208	$ 118,303	$ 116,588

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Property, Plant and Equipment - Principal Categories and Estimated Useful Lives of Property, Plant and Equipment (Detail) (USD $) In Thousands, unless otherwise specified										9 Months Ended					9 Months Ended					9 Months Ended					9 Months Ended					9 Months Ended					9 Months Ended					9 Months Ended
	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012	Sep. 29, 2013 Land [Member]	Dec. 30, 2012 Land [Member]	Sep. 30, 2012 Land [Member]	Sep. 29, 2013 Buildings [Member]	Dec. 30, 2012 Buildings [Member]	Sep. 30, 2012 Buildings [Member]	Sep. 29, 2013 Buildings [Member] Minimum [Member]	Sep. 29, 2013 Buildings [Member] Maximum [Member]	Sep. 29, 2013 Machinery and Equipment [Member]	Dec. 30, 2012 Machinery and Equipment [Member]	Sep. 30, 2012 Machinery and Equipment [Member]	Sep. 29, 2013 Machinery and Equipment [Member] Minimum [Member]	Sep. 29, 2013 Machinery and Equipment [Member] Maximum [Member]	Sep. 29, 2013 Transportation Equipment [Member]	Dec. 30, 2012 Transportation Equipment [Member]	Sep. 30, 2012 Transportation Equipment [Member]	Sep. 29, 2013 Transportation Equipment [Member] Minimum [Member]	Sep. 29, 2013 Transportation Equipment [Member] Maximum [Member]	Sep. 29, 2013 Furniture and Fixtures [Member]	Dec. 30, 2012 Furniture and Fixtures [Member]	Sep. 30, 2012 Furniture and Fixtures [Member]	Sep. 29, 2013 Furniture and Fixtures [Member] Minimum [Member]	Sep. 29, 2013 Furniture and Fixtures [Member] Maximum [Member]	Sep. 29, 2013 Cold Drink Dispensing Equipment [Member]	Dec. 30, 2012 Cold Drink Dispensing Equipment [Member]	Sep. 30, 2012 Cold Drink Dispensing Equipment [Member]	Sep. 29, 2013 Cold Drink Dispensing Equipment [Member] Minimum [Member]	Sep. 29, 2013 Cold Drink Dispensing Equipment [Member] Maximum [Member]	Sep. 29, 2013 Leasehold and Land Improvements [Member]	Dec. 30, 2012 Leasehold and Land Improvements [Member]	Sep. 30, 2012 Leasehold and Land Improvements [Member]	Sep. 29, 2013 Leasehold and Land Improvements [Member] Minimum [Member]	Sep. 29, 2013 Leasehold and Land Improvements [Member] Maximum [Member]	Sep. 29, 2013 Software for Internal Use [Member]	Dec. 30, 2012 Software for Internal Use [Member]	Sep. 30, 2012 Software for Internal Use [Member]	Sep. 29, 2013 Software for Internal Use [Member] Minimum [Member]	Sep. 29, 2013 Software for Internal Use [Member] Maximum [Member]	Sep. 29, 2013 Construction in Progress [Member]	Dec. 30, 2012 Construction in Progress [Member]	Sep. 30, 2012 Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, at cost	$ 946,247	$ 947,117	$ 928,716	$ 12,307	$ 12,442	$ 12,443	$ 113,032	$ 118,556	$ 118,096			$ 143,518	$ 140,963	$ 134,808			$ 159,012	$ 163,586	$ 157,006			$ 42,403	$ 41,580	$ 40,126			$ 319,767	$ 314,863	$ 312,280			$ 72,632	$ 71,956	$ 77,425			$ 80,310	$ 74,907	$ 72,858			$ 3,266	$ 8,264	$ 3,674
Less: Accumulated depreciation and amortization	651,100	639,650	636,948
Property, plant and equipment, net	$ 295,147	$ 307,467	$ 291,768
Property, plant and equipment, estimated useful lives										8 years	50 years				5 years	20 years				4 years	20 years				3 years	10 years				5 years	17 years				5 years	20 years				3 years	10 years

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Supplemental Disclosures of Cash Flow Information (Tables)

9 Months Ended

Sep. 29, 2013

Supplemental Cash Flow Elements [Abstract]

Summary of Changes in Current Assets and Current Liabilities Affecting Cash Flows

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

	First Nine Months
In Thousands	2013			2012
Accounts receivable, trade, net	$	(10,544	)	$	(5,638	)
Accounts receivable from The Coca-Cola Company		(9,028	)		(11,137	)
Accounts receivable, other		(1,650	)		2,291
Inventories		(4,331	)		(8,334	)
Prepaid expenses and other current assets		802			1,405
Accounts payable, trade		7,085			7,120
Accounts payable to The Coca-Cola Company		15,533			7,881
Other accrued liabilities		(1,255	)		8,723
Accrued compensation		(6,298	)		(4,885	)
Accrued interest payable		5,320			6,673
(Increase) decrease in current assets less current liabilities	$	(4,366	)	$	4,099

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Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 29, 2013

Equity [Abstract]

Summary of Accumulated Other Comprehensive Loss

A summary of accumulated other comprehensive loss for Q3 2013 and Q3 2012 is as follows:

In Thousands	June 30, 2013			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(75,388	)	$	837		$	(323	)	$	(74,874	)
Prior service costs		(28	)		4			(2	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(21,574	)		700			(270	)		(21,144	)
Prior service costs		3,874			(377	)		146			3,643
Foreign currency translation adjustment		6			(1	)		0			5
Total	$	(93,110	)	$	1,163		$	(449	)	$	(92,396	)

In Thousands	July 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(63,948	)	$	693		$	(272	)	$	(63,527	)
Prior service costs		(38	)		5			(2	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(20,501	)		613			(241	)		(20,129	)
Prior service costs		4,792			(379	)		148			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(79,689	)	$	932		$	(367	)	$	(79,124	)

A summary of accumulated other comprehensive loss for YTD 2013 and YTD 2012 is as follows:

In Thousands	Dec. 30, 2012			Pre-tax Activity			Tax Effect			Sept. 29, 2013
Net pension activity:
Actuarial loss	$	(76,407	)	$	2,513		$	(980	)	$	(74,874	)
Prior service costs		(33	)		12			(5	)		(26	)
Net postretirement benefits activity:
Actuarial loss		(22,425	)		2,100			(819	)		(21,144	)
Prior service costs		4,334			(1,133	)		442			3,643
Foreign currency translation adjustment		5			0			0			5
Total	$	(94,526	)	$	3,492		$	(1,362	)	$	(92,396	)

In Thousands	Jan. 1, 2012			Pre-tax Activity			Tax Effect			Sept. 30, 2012
Net pension activity:
Actuarial loss	$	(64,789	)	$	2,080		$	(818	)	$	(63,527	)
Prior service costs		(44	)		15			(6	)		(35	)
Net postretirement benefits activity:
Actuarial loss		(21,244	)		1,838			(723	)		(20,129	)
Prior service costs		5,251			(1,137	)		447			4,561
Foreign currency translation adjustment		6			0			0			6
Total	$	(80,820	)	$	2,796		$	(1,100	)	$	(79,124	)

Summary of Impact of Accumulated Other Comprehensive Income Loss on Income Statement

A summary of the impact on the income statement line items is as follows:

In Thousands	Net Pension Activity		Net Postretirement Benefits Activity		Total
Q3 2013
Cost of sales	$	76	$	42	$	118
S,D&A expenses		765		281		1,046
Subtotal pre-tax		841		323		1,164
Income tax expense		325		124		449
Total after tax effect	$	516	$	199	$	715
Q3 2012
Cost of sales	$	77	$	28	$	105
S,D&A expenses		621		206		827
Subtotal pre-tax		698		234		932
Income tax expense		274		93		367
Total after tax effect	$	424	$	141	$	565
YTD 2013
Cost of sales	$	227	$	116	$	343
S,D&A expenses		2,298		851		3,149
Subtotal pre-tax		2,525		967		3,492
Income tax expense		985		377		1,362
Total after tax effect	$	1,540	$	590	$	2,130
YTD 2012
Cost of sales	$	230	$	84	$	314
S,D&A expenses		1,865		617		2,482
Subtotal pre-tax		2,095		701		2,796
Income tax expense		824		276		1,100
Total after tax effect	$	1,271	$	425	$	1,696

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 18,083	$ 11,214	$ 35,888	$ 28,209
Other comprehensive income, net of tax:
Foreign currency translation adjustment	(1)	0	0	0
Defined benefit plans reclassification included in pension costs:
Actuarial loss	514	421	1,533	1,262
Prior service costs	2	3	7	9
Postretirement benefits reclassification included in benefits costs:
Actuarial loss	430	372	1,281	1,115
Prior service costs	(231)	(231)	(691)	(690)
Other comprehensive income, net of tax	714	565	2,130	1,696
Comprehensive income	18,797	11,779	38,018	29,905
Less: Comprehensive income attributable to noncontrolling interest	1,914	1,135	3,628	2,818
Comprehensive income attributable to Coca-Cola Bottling Co. Consolidated	$ 16,883	$ 10,644	$ 34,390	$ 27,087

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Leased Property Under Capital Leases

9 Months Ended

Sep. 29, 2013

Leases [Abstract]

Leased Property Under Capital Leases

6. Leased Property Under Capital Leases

Leased property under capital leases was summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Leased property under capital leases	$	94,629	$	94,180	$	94,180		3-20 years
Less: Accumulated amortization		44,417		40,030		38,579
Leased property under capital leases, net	$	50,212	$	54,150	$	55,601

As of September 29, 2013, real estate represented $49.6 million of the leased property under capital leases, net and $33.4 million of this real estate is leased from related parties as described in Note 19 to the consolidated financial statements.

The Company’s outstanding obligations for capital leases were $66.1 million, $69.6 million and $70.8 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively.

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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Allowance for doubtful accounts	$ 1,553	$ 1,490	$ 1,533
Common Stock [Member]
Common stock, par value	$ 1.00	$ 1.00	$ 1.00
Common stock, shares authorized	30,000,000	30,000,000	30,000,000
Common stock, shares issued	10,203,821	10,203,821	10,203,821
Treasury stock, shares	3,062,374	3,062,374	3,062,374
Class B Common Stock [Member]
Common stock, par value	$ 1.00	$ 1.00	$ 1.00
Common stock, shares authorized	10,000,000	10,000,000	10,000,000
Common stock, shares issued	2,737,076	2,716,956	2,716,956
Treasury stock, shares	628,114	628,114	628,114

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Leased Property Under Capital Leases - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Leases [Abstract]
Real estate leased under capital leases	$ 49.6
Real estate leased from related parties	33.4
Company's outstanding obligations for capital leases	$ 66.1	$ 69.6	$ 70.8

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Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Net sales	$ 434,464	$ 419,855	$ 1,246,994	$ 1,227,733
Cost of sales	258,352	248,927	746,868	727,798
Gross margin	176,112	170,928	500,126	499,935
Selling, delivery and administrative expenses	145,912	143,490	427,539	425,315
Income from operations	30,200	27,438	72,587	74,620
Interest expense, net	7,361	9,033	22,149	27,183
Income before income taxes	22,839	18,405	50,438	47,437
Income tax expense	4,756	7,191	14,550	19,228
Net income	18,083	11,214	35,888	28,209
Less: Net income attributable to noncontrolling interest	1,914	1,135	3,628	2,818
Net income attributable to Coca-Cola Bottling Co. Consolidated	$ 16,169	$ 10,079	$ 32,260	$ 25,391
Common Stock [Member]
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 1.75	$ 1.09	$ 3.49	$ 2.75
Weighted average number of Common Stock shares outstanding	7,141	7,141	7,141	7,141
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 1.74	$ 1.09	$ 3.47	$ 2.74
Weighted average number of Common Stock shares outstanding - assuming dilution	9,290	9,270	9,285	9,265
Cash dividends per share:
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B Common Stock [Member]
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 1.75	$ 1.09	$ 3.49	$ 2.75
Weighted average number of Common Stock shares outstanding	2,109	2,089	2,104	2,084
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 1.74	$ 1.08	$ 3.46	$ 2.73
Weighted average number of Common Stock shares outstanding - assuming dilution	2,149	2,129	2,144	2,124
Cash dividends per share:
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75

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Significant Accounting Policies - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Sep. 29, 2013
Adjusted Earnings Before Interest Taxes Depreciation And Amortization And Other Non Cash Items [Abstract]
Out-of-period adjustment for reimbursements received for net price reductions to certain customers	$ 1.3

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Benefit Plans - Components of Net Periodic Postretirement Benefit Cost (Detail) (Postretirement Benefits [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Postretirement Benefits [Member]
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Service cost	$ 412	$ 316	$ 1,238	$ 948
Interest cost	715	781	2,145	2,344
Recognized net actuarial loss	700	613	2,100	1,838
Amortization of prior service cost	(377)	(379)	(1,133)	(1,137)
Net periodic postretirement benefit cost	$ 1,450	$ 1,331	$ 4,350	$ 3,993

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Accumulated Other Comprehensive Loss - Summary of Impact of Accumulated Other Comprehensive Income Loss on Income Statement (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	$ 1,164	$ 932	$ 3,492	$ 2,796
Income tax expense	449	367	1,362	1,100
Total after tax effect	715	565	2,130	1,696
Cost of Sales [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	118	105	343	314
S,D&A Expenses [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	1,046	827	3,149	2,482
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	841	698	2,525	2,095
Income tax expense	325	274	985	824
Total after tax effect	516	424	1,540	1,271
Pension Plans [Member] | Cost of Sales [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	76	77	227	230
Pension Plans [Member] | S,D&A Expenses [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	765	621	2,298	1,865
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	323	234	967	701
Income tax expense	124	93	377	276
Total after tax effect	199	141	590	425
Postretirement Benefits [Member] | Cost of Sales [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	42	28	116	84
Postretirement Benefits [Member] | S,D&A Expenses [Member]
Defined Benefit Plan Disclosure [Line Items]
Subtotal pre-tax	$ 281	$ 206	$ 851	$ 617

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Net Income Per Share

9 Months Ended

Sep. 29, 2013

Earnings Per Share [Abstract]

Net Income Per Share

21. Net Income Per Share

The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method:

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	16,169	$	10,079	$	32,260	$	25,391
Less dividends:
Common Stock		1,785		1,785		5,356		5,356
Class B Common Stock		527		522		1,577		1,561
Total undistributed earnings	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – basic	$	10,698	$	6,013	$	19,563	$	14,301
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Total undistributed earnings – basic	$	13,857	$	7,772	$	25,327	$	18,474
Common Stock undistributed earnings – diluted	$	10,652	$	5,987	$	19,479	$	14,239
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Total undistributed earnings – diluted	$	13,857	$	7,772	$	25,327	$	18,474
Numerator for basic net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Common Stock undistributed earnings – basic		10,698		6,013		19,563		14,301
Numerator for basic net income per Common Stock share	$	12,483	$	7,798	$	24,919	$	19,657
Numerator for basic net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – basic		3,159		1,759		5,764		4,173
Numerator for basic net income per Class B Common Stock share	$	3,686	$	2,281	$	7,341	$	5,734

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Numerator for diluted net income per Common Stock share:
Dividends on Common Stock	$	1,785	$	1,785	$	5,356	$	5,356
Dividends on Class B Common Stock assumed converted to Common Stock		527		522		1,577		1,561
Common Stock undistributed earnings – diluted		13,857		7,772		25,327		18,474
Numerator for diluted net income per Common Stock share	$	16,169	$	10,079	$	32,260	$	25,391
Numerator for diluted net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	527	$	522	$	1,577	$	1,561
Class B Common Stock undistributed earnings – diluted		3,205		1,785		5,848		4,235
Numerator for diluted net income per Class B Common Stock share	$	3,732	$	2,307	$	7,425	$	5,796

	Third Quarter				First Nine Months
In Thousands (Except Per Share Data)	2013		2012		2013		2012
Denominator for basic net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141		7,141		7,141		7,141
Class B Common Stock weighted average shares outstanding – basic		2,109		2,089		2,104		2,084
Denominator for diluted net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,290		9,270		9,285		9,265
Class B Common Stock weighted average shares outstanding – diluted		2,149		2,129		2,144		2,124
Basic net income per share:
Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Class B Common Stock	$	1.75	$	1.09	$	3.49	$	2.75
Diluted net income per share:
Common Stock	$	1.74	$	1.09	$	3.47	$	2.74
Class B Common Stock	$	1.74	$	1.08	$	3.46	$	2.73

NOTES TO TABLE

(1) For purposes of the diluted net income per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.

(2) For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

(3) Denominator for diluted net income per share for Common Stock and Class B Common Stock includes the dilutive effect of shares relative to the Performance Unit Award.

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Income Taxes

9 Months Ended

Sep. 29, 2013

Income Tax Disclosure [Abstract]

Income Taxes

15. Income Taxes

The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes, for YTD 2013 and YTD 2012 was 28.8% and 40.5%, respectively. The Company’s effective tax rate, as calculated by dividing income tax expense by income before income taxes minus net income attributable to noncontrolling interest, for YTD 2013 and YTD 2012 was 31.1% and 43.1%, respectively.

The following table provides a reconciliation of income tax expense at the statutory federal rate to actual income tax expense.

	First Nine Months
In Thousands	2013			2012
Statutory expense	$	17,653		$	16,603
State income taxes, net of federal benefit		2,093			2,052
Valuation allowance change		(1	)		1,172
Noncontrolling interest – Piedmont		(1,348	)		(1,324	)
Manufacturing deduction benefit		(1,678	)		(1,412	)
Meals and entertainment		1,070			1,024
Adjustment for uncertain tax positions		(223	)		378
Adjustment for state tax legislation		(2,261	)		0
Other, net		(755	)		735
Income tax expense	$	14,550		$	19,228

As of September 29, 2013, the Company had $2.8 million of uncertain tax positions, including accrued interest, all of which would affect the Company’s effective tax rate if recognized. As of December 30, 2012, the Company had $5.5 million of uncertain tax positions, including accrued interest, of which $3.0 million would affect the Company’s effective tax rate if recognized. As of September 30, 2012, the Company had $5.1 million of uncertain tax positions, including accrued interest, of which $2.6 million would affect the Company’s effective tax rate if recognized. While it is expected that the amount of uncertain tax positions may change in the next 12 months, the Company does not expect any change to have a material impact on the consolidated financial statements.

In Q3 2013, the Company reduced its liability for uncertain tax positions by $3.4 million, of which only $0.9 million was a decrease to income tax expense. In Q3 2012, the Company reduced its liability for uncertain tax positions by $0.2 million all of which was a decrease to income tax expense. The reduction to the liability for uncertain tax positions was primarily due to the lapse of the applicable statute of limitations.

The Company recognizes potential interest and penalties related to uncertain tax positions in income tax expense. As of September 29, 2013, December 30, 2012, and September 30, 2012, the Company had $0.2 million, $0.5 million and $0.5 million, respectively, of accrued interest related to uncertain tax positions. Income tax expense included an interest credit of $0.3 million in YTD 2013 and interest expense of $0.1 million in YTD 2012.

The American Taxpayer Relief Act (“Act”) was signed into law on January 2, 2013. The Act approved a retroactive extension of certain favorable business and energy tax provisions that had expired at the end of 2011 which are applicable to the Company. The Company recorded a reduction to income tax expense totaling $0.4 million related to the Act in YTD 2013, which is included in the other, net line of the reconciliation of income tax expense table.

During Q3 2013, state tax legislation was enacted that reduces the corporate tax rate in that state from 6.9% to 6.0% effective January 1, 2014. A further reduction to the corporate tax rate from 6.0% to 5.0% will become effective January 1, 2015. This reduction in the corporate tax rate decreases the Company’s income tax expense by approximately $2.3 million due to the impact on the Company’s net deferred tax liabilities. The total impact of this legislation was recorded in Q3 2013.

In YTD 2012, the Company increased its valuation allowance by $1.2 million. The net effect of this adjustment was an increase to income tax expense. The increase to the valuation allowance was primarily due to the Company’s assessment of its ability to use certain net operating loss carryforwards.

Tax years from 2010 remain open to examination by the Internal Revenue Service, and various tax years from 1995 remain open to examination by certain state tax jurisdictions to which the Company is subject due to loss carryforwards.

On September 13, 2013, the Internal Revenue Service and the United States Treasury Department issued final tax regulations that provide guidance regarding the deduction and capitalization of expenditures related to tangible property. The Company does not expect the final tax regulations to have a material impact on the consolidated financial statements.

The Company’s income tax assets and liabilities are subject to adjustment in future periods based on the Company’s ongoing evaluations of such assets and liabilities and new information that becomes available to the Company.

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Income Taxes (Tables)

9 Months Ended

Sep. 29, 2013

Income Tax Disclosure [Abstract]

Reconciliation of Income Tax Expense at Statutory Federal Rate to Actual Income Tax Expense

The following table provides a reconciliation of income tax expense at the statutory federal rate to actual income tax expense.

	First Nine Months
In Thousands	2013			2012
Statutory expense	$	17,653		$	16,603
State income taxes, net of federal benefit		2,093			2,052
Valuation allowance change		(1	)		1,172
Noncontrolling interest – Piedmont		(1,348	)		(1,324	)
Manufacturing deduction benefit		(1,678	)		(1,412	)
Meals and entertainment		1,070			1,024
Adjustment for uncertain tax positions		(223	)		378
Adjustment for state tax legislation		(2,261	)		0
Other, net		(755	)		735
Income tax expense	$	14,550		$	19,228

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Benefit Plans - Net Periodic Pension Cost (Detail) (Pension Plans [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 32	$ 28	$ 96	$ 83
Interest cost	3,086	3,124	9,258	9,371
Expected return on plan assets	(3,546)	(2,973)	(10,640)	(8,918)
Amortization of prior service cost	4	5	12	15
Recognized net actuarial loss	837	693	2,513	2,080
Net periodic pension cost	$ 413	$ 877	$ 1,239	$ 2,631

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Inventories - Summary of Inventories (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Inventory Disclosure [Abstract]
Finished products	$ 42,695	$ 36,445	$ 43,809
Manufacturing materials	8,594	11,019	10,014
Plastic shells, plastic pallets and other inventories	18,966	18,460	20,669
Total inventories	$ 70,255	$ 65,924	$ 74,492

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Derivative Financial Instruments - Summary of Pre-Tax Changes in Fair Value (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Total	$ 0	$ 1,037	$ (500)	$ 1,037
Commodity Hedging Agreements [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total	$ 0	$ 1,037	$ (500)	$ 1,037

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Other Accrued Liabilities (Tables)

9 Months Ended

Sep. 29, 2013

Payables And Accruals [Abstract]

Summary of Other Accrued Liabilities

Other accrued liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accrued marketing costs	$	12,463	$	12,506	$	12,918
Accrued insurance costs		21,571		21,458		21,629
Accrued taxes (other than income taxes)		4,192		1,910		1,827
Accrued income taxes		0		0		5,500
Employee benefit plan accruals		16,754		16,988		17,294
Checks and transfers yet to be presented for payment from zero balance cash accounts		9,999		11,962		9,491
All other accrued liabilities		8,879		10,289		8,241
Total other accrued liabilities	$	73,858	$	75,113	$	76,900

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Inventories (Tables)

9 Months Ended

Sep. 29, 2013

Inventory Disclosure [Abstract]

Summary of Inventories

Inventories were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Finished products	$	42,695	$	36,445	$	43,809
Manufacturing materials		8,594		11,019		10,014
Plastic shells, plastic pallets and other inventories		18,966		18,460		20,669
Total inventories	$	70,255	$	65,924	$	74,492

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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 29, 2013

Property Plant And Equipment [Abstract]

Principal Categories and Estimated Useful Lives of Property, Plant and Equipment

The principal categories and estimated useful lives of property, plant and equipment were as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Land	$	12,307	$	12,442	$	12,443
Buildings		113,032		118,556		118,096		8-50 years
Machinery and equipment		143,518		140,963		134,808		5-20 years
Transportation equipment		159,012		163,586		157,006		4-20 years
Furniture and fixtures		42,403		41,580		40,126		3-10 years
Cold drink dispensing equipment		319,767		314,863		312,280		5-17 years
Leasehold and land improvements		72,632		71,956		77,425		5-20 years
Software for internal use		80,310		74,907		72,858		3-10 years
Construction in progress		3,266		8,264		3,674
Total property, plant and equipment, at cost		946,247		947,117		928,716
Less: Accumulated depreciation and amortization		651,100		639,650		636,948
Property, plant and equipment, net	$	295,147	$	307,467	$	291,768

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Property, Plant and Equipment

9 Months Ended

Sep. 29, 2013

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

5. Property, Plant and Equipment

The principal categories and estimated useful lives of property, plant and equipment were as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Land	$	12,307	$	12,442	$	12,443
Buildings		113,032		118,556		118,096		8-50 years
Machinery and equipment		143,518		140,963		134,808		5-20 years
Transportation equipment		159,012		163,586		157,006		4-20 years
Furniture and fixtures		42,403		41,580		40,126		3-10 years
Cold drink dispensing equipment		319,767		314,863		312,280		5-17 years
Leasehold and land improvements		72,632		71,956		77,425		5-20 years
Software for internal use		80,310		74,907		72,858		3-10 years
Construction in progress		3,266		8,264		3,674
Total property, plant and equipment, at cost		946,247		947,117		928,716
Less: Accumulated depreciation and amortization		651,100		639,650		636,948
Property, plant and equipment, net	$	295,147	$	307,467	$	291,768

Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $14.8 million and $15.2 million in Q3 2013 and the third quarter of 2012 (“Q3 2012”), respectively. Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $43.7 million and $46.1 million in the first nine months of 2013 (“YTD 2013”) and the first nine months of 2012 (“YTD 2012”), respectively.

The Company recognized a $1.2 million gain during the first quarter of 2013 (“Q1 2013”) on the sale of a distribution facility that was no longer in use. The gain on the sale of this property, plant and equipment was recorded in selling, delivery and administrative (S,D&A) expenses.

The Company changed the useful lives of certain cold drink dispensing equipment in Q1 2013 to reflect the estimated remaining useful lives. The change in useful lives reduced depreciation expense in Q3 2013 and YTD 2013 by $0.4 million ($0.03 per basic and diluted Common Stock; $0.03 per basic and diluted Class B Common Stock) and $1.3 million ($0.09 per basic Common Stock and $0.08 per diluted Common Stock; $0.09 per basic Class B Common Stock and $0.08 per diluted Class B Common Stock), respectively.

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Debt - Summary of Debt (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Debt Instrument [Line Items]
Maturity	2019
Total debt	$ 20,000	$ 30,000	$ 0
Total debt	20,000	20,000	0
Total debt	413,520	423,386	523,344
Less: Current portion of debt	20,000	20,000	120,000
Long-term debt	393,520	403,386	403,344
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maturity	2016
Interest Rate, Term	Variable
Interest Paid	Varies
Total debt	20,000	30,000	0
Line of Credit [Member]
Debt Instrument [Line Items]
Maturity	2013
Interest Rate, Term	Variable
Interest Paid	Varies
Total debt	20,000	20,000	0
5.00% Senior Notes 2012 [Member]
Debt Instrument [Line Items]
Maturity	2012
Interest Rate	5.00%
Interest Paid	Semi-annually
Total debt	0	0	150,000
5.30% Senior Notes 2015 [Member]
Debt Instrument [Line Items]
Maturity	2015
Interest Rate	5.30%
Interest Paid	Semi-annually
Total debt	100,000	100,000	100,000
5.00% Senior Notes 2016 [Member]
Debt Instrument [Line Items]
Maturity	2016
Interest Rate	5.00%
Interest Paid	Semi-annually
Total debt	164,757	164,757	164,757
7.00% Senior Notes 2019 [Member]
Debt Instrument [Line Items]
Maturity	2019
Interest Rate	7.00%
Interest Paid	Semi-annually
Total debt	110,000	110,000	110,000
Unamortized discount on Senior Notes	$ (1,237)	$ (1,371)	$ (1,413)

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Risks and Uncertainties

9 Months Ended

Sep. 29, 2013

Risks And Uncertainties [Abstract]

Risks and Uncertainties

22. Risks and Uncertainties

Approximately 88% of the Company’s YTD 2013 bottle/can volume to retail customers are products of The Coca-Cola Company, which is the sole supplier of these products or of the concentrates or syrups required to manufacture these products. The remaining 12% of the Company’s YTD 2013 bottle/can volume to retail customers are products of other beverage companies or those owned by the Company. The Company has beverage agreements under which it has various requirements to meet. Failure to meet the requirements of these beverage agreements could result in the loss of distribution rights for the respective product.

The Company’s products are sold and distributed directly by its employees to retail stores and other outlets. During both YTD 2013 and YTD 2012, approximately 68% of the Company’s bottle/can volume to retail customers was sold for future consumption, while the remaining bottle/can volume to retail customers of approximately 32% was sold for immediate consumption. The Company’s largest customers, Wal-Mart Stores, Inc. and Food Lion, LLC, accounted for approximately 21% and 8%, respectively, of the Company’s total bottle/can volume to retail customers in YTD 2013; and accounted for approximately 22% and 8%, respectively, of the Company’s total bottle/can volume to retail customers in YTD 2012. Wal-Mart Stores, Inc. accounted for approximately 14% and 15% of the Company’s total net sales during YTD 2013 and YTD 2012, respectively. No other customer represented greater than 10% of the Company’s total net sales for YTD 2013 or YTD 2012.

The Company obtains all of its aluminum cans from two domestic suppliers. The Company currently obtains a majority of its plastic bottles from two domestic entities. See Note 14 and Note 19 to the consolidated financial statements for additional information.

The Company is exposed to price risk on such commodities as aluminum, corn and resin which affects the cost of raw materials used in the production of finished products. The Company both produces and procures these finished products. Examples of the raw materials affected are aluminum cans and plastic bottles used for packaging and high fructose corn syrup used as a product ingredient. Further, the Company is exposed to commodity price risk on crude oil which impacts the Company’s cost of fuel used in the movement and delivery of the Company’s products. The Company participates in commodity hedging and risk mitigation programs administered both by CCBSS and by the Company. In addition, there is no limit on the price The Coca-Cola Company and other beverage companies can charge for concentrate.

Certain liabilities of the Company are subject to risk due to changes in both long-term and short-term interest rates. These liabilities include floating rate debt, retirement benefit obligations and the Company’s pension liability.

Approximately 7% of the Company’s labor force is covered by collective bargaining agreements. One collective bargaining agreement covering approximately .4% of the Company’s employees expired during 2012 and the Company entered into a new agreement during 2012. One collective bargaining agreement covering approximately .3% of the Company’s employees expired during Q1 2013 and the Company entered into a new agreement in Q1 2013. One collective bargaining agreement covering approximately .4% of the Company’s employees will expire in Q4 2013.

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Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 29, 2013

Fair Value Disclosures [Abstract]

Derivative Financial Instruments

The carrying amounts and fair values of the Company's debt, deferred compensation plan assets and liabilities, and derivative financial instruments were as follows:

	Sept. 29, 2013						Dec. 30, 2012						Sept. 30, 2012
In Thousands	Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Public debt securities	$	(373,520	)	$	(411,197	)	$	(373,386	)	$	(426,050	)	$	(523,344	)	$	(577,775	)
Deferred compensation plan assets		15,875			15,875			13,011			13,011			12,854			12,854
Deferred compensation plan liabilities		(15,875	)		(15,875	)		(13,011	)		(13,011	)		(12,854	)		(12,854	)
Commodity hedging agreements		0			0			500			500			1,037			1,037
Non-public variable rate debt		(40,000	)		(40,000	)		(50,000	)		(50,000	)		0			0

Deferred Compensation Plan, Commodity Hedging Agreements

The following table summarizes, by assets and liabilities, the valuation of the Company’s deferred compensation plan and commodity hedging agreements:

	Sept. 29, 2013				Dec. 30, 2012				Sept. 30, 2012
In Thousands	Level 1		Level 2		Level 1		Level 2		Level 1		Level 2
Assets
Deferred compensation plan assets	$	15,875			$	13,011			$	12,854
Commodity hedging agreements			$	0			$	500			$	1,037
Liabilities
Deferred compensation plan liabilities		15,875				13,011				12,854

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Other Identifiable Intangible Assets

9 Months Ended

Sep. 29, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

Other Identifiable Intangible Assets

8. Other Identifiable Intangible Assets

Other identifiable intangible assets were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012		Estimated Useful Lives
Other identifiable intangible assets	$	8,547	$	8,557	$	8,557		20 years
Less: Accumulated amortization		4,783		4,534		4,430
Other identifiable intangible assets, net	$	3,764	$	4,023	$	4,127

Other identifiable intangible assets primarily represent customer relationships and distribution rights and are amortized on a straight line basis.

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Accumulated Other Comprehensive Loss - Summary of Accumulated Other Comprehensive Loss (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	$ (93,110)	$ (79,689)	$ (94,526)	$ (80,820)
Pre-tax Activity	1,163	932	3,492	2,796
Tax Effect	(449)	(367)	(1,362)	(1,100)
Ending, balance	(92,396)	(79,124)	(92,396)	(79,124)
Net Pension Activity [Member] | Actuarial Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	(75,388)	(63,948)	(76,407)	(64,789)
Pre-tax Activity	837	693	2,513	2,080
Tax Effect	(323)	(272)	(980)	(818)
Ending, balance	(74,874)	(63,527)	(74,874)	(63,527)
Net Pension Activity [Member] | Prior Service Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	(28)	(38)	(33)	(44)
Pre-tax Activity	4	5	12	15
Tax Effect	(2)	(2)	(5)	(6)
Ending, balance	(26)	(35)	(26)	(35)
Net Postretirement Benefits Activity [Member] | Actuarial Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	(21,574)	(20,501)	(22,425)	(21,244)
Pre-tax Activity	700	613	2,100	1,838
Tax Effect	(270)	(241)	(819)	(723)
Ending, balance	(21,144)	(20,129)	(21,144)	(20,129)
Net Postretirement Benefits Activity [Member] | Prior Service Costs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	3,874	4,792	4,334	5,251
Pre-tax Activity	(377)	(379)	(1,133)	(1,137)
Tax Effect	146	148	442	447
Ending, balance	3,643	4,561	3,643	4,561
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning, balance	6	6	5	6
Pre-tax Activity	(1)	0	0	0
Tax Effect	0	0	0	0
Ending, balance	$ 5	$ 6	$ 5	$ 6

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Inventories

9 Months Ended

Sep. 29, 2013

Inventory Disclosure [Abstract]

Inventories

4. Inventories

Inventories were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Finished products	$	42,695	$	36,445	$	43,809
Manufacturing materials		8,594		11,019		10,014
Plastic shells, plastic pallets and other inventories		18,966		18,460		20,669
Total inventories	$	70,255	$	65,924	$	74,492

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Consolidated Statements of Changes in Equity (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Common Stock [Member]
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B Common Stock [Member]
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B common stock shares issued			20,120	22,320

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Significant Accounting Policies - Revision of Prior Period Financial Statements (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012	Jan. 01, 2012
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes	$ 142,795	$ 140,965	$ 145,384
Total liabilities	1,083,534	1,084,036	1,177,200
Retained earnings	195,766	170,439	170,920
Total equity of Coca-Cola Bottling Co. Consolidated	164,014	135,259	151,061
Total equity	231,821	199,438	213,816	189,407
As Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes			143,553
Total liabilities			1,175,369
Retained earnings			172,751
Total equity of Coca-Cola Bottling Co. Consolidated			152,892
Total equity			215,647
Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes			1,831
Total liabilities			1,831
Retained earnings			(1,831)
Total equity of Coca-Cola Bottling Co. Consolidated			(1,831)
Total equity			(1,831)
As Revised [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred income taxes			145,384
Total liabilities			1,177,200
Retained earnings			170,920
Total equity of Coca-Cola Bottling Co. Consolidated			151,061
Total equity			$ 213,816

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Related Party Transactions (Tables)

9 Months Ended

Sep. 29, 2013

Related Party Transactions [Abstract]

Summary of Significant Transactions between Company and Coca-Cola Company

The following table summarizes the significant transactions between the Company and The Coca-Cola Company:

	First Nine Months
In Millions	2013		2012
Payments by the Company for concentrate, syrup, sweetener and other purchases	$	309.9	$	313.9
Marketing funding support payments to the Company		32.6		33.1
Payments by the Company net of marketing funding support	$	277.3	$	280.8
Payments by the Company for customer marketing programs	$	43.2	$	43.1
Payments by the Company for cold drink equipment parts		6.9		7.1
Fountain delivery and equipment repair fees paid to the Company		9.4		9.1
Presence marketing funding support provided by The Coca-Cola Company on the Company’s behalf		4.0		2.6
Payments to the Company to facilitate the distribution of certain brands and packages to other Coca-Cola bottlers		3.0		2.1

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Net Sales by Product Category - Net Sales by Product Category (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Product Information [Line Items]
Net sales	$ 434,464	$ 419,855	$ 1,246,994	$ 1,227,733
Bottle/Can Sales [Member]
Product Information [Line Items]
Net sales	347,241	339,535	994,623	995,707
Bottle/Can Sales [Member] | Sparkling Beverages (Including Energy Products) [Member]
Product Information [Line Items]
Net sales	273,905	271,279	798,271	809,640
Bottle/Can Sales [Member] | Still Beverages [Member]
Product Information [Line Items]
Net sales	73,336	68,256	196,352	186,067
Other Sales [Member]
Product Information [Line Items]
Net sales	87,223	80,320	252,371	232,026
Other Sales [Member] | Sales to Other Coca-Cola Bottlers [Member]
Product Information [Line Items]
Net sales	42,030	39,160	126,621	111,855
Other Sales [Member] | Post-Mix and Other [Member]
Product Information [Line Items]
Net sales	$ 45,193	$ 41,160	$ 125,750	$ 120,171

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Significant Accounting Policies (Policies)

9 Months Ended

Sep. 29, 2013

Accounting Changes And Error Corrections [Abstract]

Revision of Prior Period Financial Statements

Revision of Prior Period Financial Statements

In connection with the preparation of the consolidated financial statements for the fourth quarter of 2012, the Company identified an error in the treatment of a certain prior year deferred tax asset in the Consolidated Balance Sheets. This resulted in an understatement of net noncurrent deferred income tax liability and an overstatement of retained earnings, and therefore equity, for each of the impacted periods. This error affected the Consolidated Balance Sheets and Consolidated Statements of Changes in Stockholders’ Equity as presented in each of the quarters of 2012, 2011 and 2010, including the year-end consolidated financial statements for 2011 and 2010. This resulted in an understatement of deferred income taxes and an overstatement of retained earnings for each of the impacted periods. In accordance with accounting guidance presented in ASC 250-10 (SEC Staff Accounting Bulletin No. 99, Materiality), the Company assessed the materiality of the error and concluded that it was not material to any of the Company’s previously issued financial statements taken as a whole. The Company has revised previously issued financial statements to correct the effect of this error. This revision did not affect the Company’s Consolidated Statements of Operations or Consolidated Statements of Cash Flows for any of these periods.

Offsetting of Financial Assets and Liabilities

Recently Adopted Pronouncements

In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance that is intended to enhance current disclosures on offsetting financial assets and liabilities. The new guidance requires an entity to disclose both gross and net information about financial instruments eligible for offset on the balance sheet and instruments and transactions subject to an agreement similar to a master netting arrangement. The provisions of the new guidance are effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The new guidance did not have a material impact on the Company’s consolidated financial statements.

Reclassifications Out of Accumulated Other Comprehensive Income

In February 2013, the FASB issued new guidance which establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income. The new guidance requires a company to report the effect of significant reclassifications from accumulated other comprehensive income to the respective line items in net income or cross-reference to other disclosures for items not reclassified entirely to net income. The new guidance was effective for annual and interim periods beginning after December 15, 2012. The new guidance expands disclosure of other comprehensive income but does not change the manner in which items of other comprehensive income are accounted or the way in which net income or other comprehensive income is reported in the financial statements. The Company elected to report this information within the notes to the consolidated financial statements.

Recently Issued Pronouncements Income Tax

Recently Issued Pronouncements

In July 2013, the FASB issued new guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The provisions of the new guidance are effective for fiscal years beginning after December 15, 2013 with early adoption permitted. The Company does not expect the requirements of this new guidance to have a material impact on the Company’s consolidated financial statements.

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Related Party Transactions - Summary of Significant Transactions between Company and Coca-Cola Company (Detail) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Related Party Transactions [Abstract]
Payments by the Company for concentrate, syrup, sweetener and other purchases	$ 309.9	$ 313.9
Marketing funding support payments to the Company	32.6	33.1
Payments by the Company net of marketing funding support	277.3	280.8
Payments by the Company for customer marketing programs	43.2	43.1
Payments by the Company for cold drink equipment parts	6.9	7.1
Fountain delivery and equipment repair fees paid to the Company	9.4	9.1
Presence marketing funding support provided by The Coca-Cola Company on the Company's behalf	4.0	2.6
Payments to the Company to facilitate the distribution of certain brands and packages to other Coca-Cola bottlers	$ 3.0	$ 2.1

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Derivative Financial Instruments - Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Derivatives, Fair Value [Line Items]
Total	$ 0	$ 1,062	$ 1,599
Commodity Hedging Agreements Fair Market Value [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total	0	500	1,037
Commodity Hedging Agreements Unamortized Cost [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total	$ 0	$ 562	$ 562

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Franchise Rights and Goodwill - Additional Information (Detail) (USD $)	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Goodwill And Intangible Assets Disclosure [Abstract]
Impairment of the carrying value of franchise rights and goodwill	$ 0
Activity for franchise rights or goodwill	$ 0	$ 0

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Net Income Per Share - Computation of Basic Net Income Per Share and Diluted Net Income Per Share (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012	Sep. 29, 2013	Sep. 30, 2012
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$ 16,169	$ 10,079	$ 32,260	$ 25,391
Less dividends:
Undistributed earnings allocated to Common Stock, Basic	13,857	7,772	25,327	18,474
Total undistributed earnings - diluted	13,857	7,772	25,327	18,474
Common Stock [Member]
Less dividends:
Dividends on Common Stock	1,785	1,785	5,356	5,356
Undistributed earnings allocated to Common Stock, Basic	10,698	6,013	19,563	14,301
Total undistributed earnings - diluted	10,652	5,987	19,479	14,239
Numerator for basic net income per Common Stock share:
Numerator for basic net income per Common Stock share	12,483	7,798	24,919	19,657
Numerator for diluted net income per Common Stock share:
Numerator for diluted net income per Common Stock share	16,169	10,079	32,260	25,391
Denominator for basic net income per common share:
Weighted average number of Common Stock shares outstanding	7,141	7,141	7,141	7,141
Denominator for diluted net income per common share:
Weighted average number of Common Stock shares outstanding - assuming dilution	9,290	9,270	9,285	9,265
Basic net income per share:
Common Stock	$ 1.75	$ 1.09	$ 3.49	$ 2.75
Diluted net income per share:
Common Stock	$ 1.74	$ 1.09	$ 3.47	$ 2.74
Class B Common Stock [Member]
Less dividends:
Dividends on Common Stock	527	522	1,577	1,561
Undistributed earnings allocated to Common Stock, Basic	3,159	1,759	5,764	4,173
Total undistributed earnings - diluted	3,205	1,785	5,848	4,235
Numerator for basic net income per Common Stock share:
Numerator for basic net income per Common Stock share	3,686	2,281	7,341	5,734
Numerator for diluted net income per Common Stock share:
Numerator for diluted net income per Common Stock share	$ 3,732	$ 2,307	$ 7,425	$ 5,796
Denominator for basic net income per common share:
Weighted average number of Common Stock shares outstanding	2,109	2,089	2,104	2,084
Denominator for diluted net income per common share:
Weighted average number of Common Stock shares outstanding - assuming dilution	2,149	2,129	2,144	2,124
Basic net income per share:
Common Stock	$ 1.75	$ 1.09	$ 3.49	$ 2.75
Diluted net income per share:
Common Stock	$ 1.74	$ 1.08	$ 3.46	$ 2.73

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Derivative Financial Instruments

9 Months Ended

Sep. 29, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

11. Derivative Financial Instruments

Interest

The Company uses derivatives from time to time to partially manage the Company’s exposure to changes in interest rates on outstanding debt instruments.

The Company had no interest rate derivative contracts outstanding at September 29, 2013, December 30, 2012 and September 30, 2012.

Commodities

The Company is subject to the risk of increased costs arising from adverse changes in certain commodity prices. In the normal course of business, the Company manages these risks through a variety of strategies, including the use of derivative instruments. The Company does not use derivative instruments for trading or speculative purposes. All derivative instruments are recorded at fair value as either assets or liabilities in the Company’s consolidated balance sheets. These derivative instruments are not designated as hedging instruments under GAAP and are used as “economic hedges” to manage commodity price risk. Derivative instruments are marked to market on a monthly basis and recognized in earnings consistent with the expense classification of the underlying hedged item. Settlements of derivative agreements are included in cash flows from operating activities on the Company’s consolidated statements of cash flows.

The Company uses several different financial institutions for commodity derivative instruments to minimize the concentration of credit risk. While the Company is exposed to credit loss in the event of nonperformance by these counterparties, the Company does not anticipate nonperformance by these parties.

The Company periodically uses derivative instruments to hedge part or all of its requirements for diesel fuel and aluminum. In Q3 2012, the Company entered into agreements to hedge a portion of the Company’s 2013 aluminum purchases.

The Company has master agreements with the counterparties to its derivative financial agreements that provide for net settlement of derivative transactions. The Company did not have any offsetting derivative transactions with its counterparties on December 30, 2012 and September 30, 2012. Accordingly, the gross amounts of derivative assets are recognized in prepaid expenses and other current assets in the consolidated balance sheet at December 30, 2012 and September 30, 2012. The Company did not have any outstanding derivative transactions at September 29, 2013.

The following summarizes Q3 2013 and Q3 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		Third Quarter
In Thousands	Classification of Gain (Loss)	2013		2012
Commodity hedges	Cost of sales	$	0	$	1,037
Total		$	0	$	1,037

The following summarizes YTD 2013 and YTD 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

		First Nine Months
In Thousands	Classification of Gain (Loss)	2013			2012
Commodity hedges	Cost of sales	$	(500	)	$	1,037
Total		$	(500	)	$	1,037

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company:

In Thousands	Balance Sheet Classification	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	0	$	500	$	1,037
Unamortized cost of commodity hedging agreements	Prepaid expenses and other current assets		0		562		562
Total		$	0	$	1,062	$	1,599

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Franchise Rights and Goodwill

9 Months Ended

Sep. 29, 2013

Text Block [Abstract]

Franchise Rights and Goodwill

7. Franchise Rights and Goodwill

There were no changes in the carrying amounts of franchise rights and goodwill in the periods presented. The Company performs its annual impairment test of franchise rights and goodwill as of the first day of the fourth quarter. During YTD 2013, the Company did not experience any triggering events or changes in circumstances that indicated the carrying amounts of the Company’s franchise rights or goodwill exceeded fair values. As such, the Company has not recognized any impairments of franchise rights or goodwill.

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Fair Value of Financial Instruments - Deferred Compensation Plan, Commodity Hedging Agreements (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Level 1 [Member]
Assets
Deferred compensation plan assets	$ 15,875	$ 13,011	$ 12,854
Liabilities
Deferred compensation plan liabilities	15,875	13,011	12,854
Level 2 [Member] | Commodity Hedging Agreements [Member]
Assets
Commodity hedging agreements	$ 0	$ 500	$ 1,037

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Commitments and Contingencies

9 Months Ended

Sep. 29, 2013

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

14. Commitments and Contingencies

The Company is a member of South Atlantic Canners, Inc. (“SAC”), a manufacturing cooperative from which it is obligated to purchase 17.5 million cases of finished product on an annual basis through May 2014. The Company is also a member of Southeastern Container (“Southeastern”), a plastic bottle manufacturing cooperative from which it is obligated to purchase at least 80% of its requirements of plastic bottles for certain designated territories. See Note 19 to the consolidated financial statements for additional information concerning SAC and Southeastern.

The Company guarantees a portion of SAC’s and Southeastern’s debt. The amounts guaranteed were $33.5 million, $35.9 million and $36.6 million as of September 29, 2013, December 30, 2012 and September 30, 2012, respectively. The Company holds no assets as collateral against these guarantees, the fair value of which is immaterial. The guarantees relate to the debt of SAC and Southeastern, which resulted primarily from the purchase of production equipment and facilities. These guarantees expire at various dates through 2023. The members of both cooperatives consist solely of Coca-Cola bottlers. The Company does not anticipate either of these cooperatives will fail to fulfill its commitments. The Company further believes each of these cooperatives has sufficient assets, including production equipment, facilities and working capital, and the ability to adjust selling prices of its products to adequately mitigate the risk of material loss from the Company’s guarantees. In the event either of these cooperatives fails to fulfill its commitments under the related debt, the Company would be responsible for payments to the lenders up to the level of the guarantees. If these cooperatives had borrowed up to their aggregate borrowing capacity, the Company’s maximum exposure under these guarantees on September 29, 2013 would have been $23.9 million for SAC and $25.3 million for Southeastern and the Company’s maximum total exposure, including its equity investment, would have been $28.0 million for SAC and $46.1 million for Southeastern.

The Company has been purchasing plastic bottles from Southeastern and finished products from SAC for more than ten years and has never had to pay against these guarantees.

The Company has an equity ownership in each of the entities in addition to the guarantees of certain indebtedness and records its investment in each under the equity method. As of September 29, 2013, SAC had total assets of approximately $41 million and total debt of approximately $22 million. SAC had total revenues for YTD 2013 of approximately $138 million. As of September 29, 2013, Southeastern had total assets of approximately $348 million and total debt of approximately $139 million. Southeastern had total revenue for YTD 2013 of approximately $525 million.

The Company has standby letters of credit, primarily related to its property and casualty insurance programs. On September 29, 2013, these letters of credit totaled $23.1 million. The Company was required to maintain $4.5 million of restricted cash for letters of credit beginning in the second quarter of 2009, which was reduced to $3.5 million in the second quarter of 2010 and to $3.0 million in the second quarter of 2011. The requirement to maintain restricted cash for these letters of credit was eliminated in the first quarter of 2012.

The Company participates in long-term marketing contractual arrangements with certain prestige properties, athletic venues and other locations. The future payments related to these contractual arrangements as of September 29, 2013 amounted to $40.7 million and expire at various dates through 2022.

The Company is involved in various claims and legal proceedings which have arisen in the ordinary course of its business. Although it is difficult to predict the ultimate outcome of these claims and legal proceedings, management believes the ultimate disposition of these matters will not have a material adverse effect on the financial condition, cash flows or results of operations of the Company. No material amount of loss in excess of recorded amounts is believed to be reasonably possible as a result of these claims and legal proceedings.

The Company is subject to audit by tax authorities in jurisdictions where it conducts business. These audits may result in assessments that are subsequently resolved with the tax authorities or potentially through the courts. Management believes the Company has adequately provided for any assessments that are likely to result from these audits; however, final assessments, if any, could be different than the amounts recorded in the consolidated financial statements.

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Fair Value of Financial Instruments

9 Months Ended

Sep. 29, 2013

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

12. Fair Value of Financial Instruments

The following methods and assumptions were used by the Company in estimating the fair values of its financial instruments:

Cash and Cash Equivalents, Accounts Receivable and Accounts Payable

The fair values of cash and cash equivalents, accounts receivable and accounts payable approximate carrying values due to the short maturity of these items.

Public Debt Securities

The fair values of the Company's public debt securities are based on estimated current market prices.

Non-Public Variable Rate Debt

The carrying amounts of the Company's variable rate borrowings approximate their fair values due to variable interest rates with short reset periods.

Deferred Compensation Plan Assets/Liabilities

The fair values of deferred compensation plan assets and liabilities, which are held in mutual funds, are based upon the quoted market value of the securities held within the mutual funds.

Derivative Financial Instruments

The fair values for the Company's commodity hedging agreements are based on current settlement values at each balance sheet date. The fair values of the commodity hedging agreements at each balance sheet date represent the estimated amounts the Company would have received or paid upon termination of these agreements. Credit risk related to the derivative financial instruments is managed by requiring high standards for its counterparties and periodic settlements. The Company considers nonperformance risk in determining the fair value of derivative financial instruments.

The carrying amounts and fair values of the Company's debt, deferred compensation plan assets and liabilities, and derivative financial instruments were as follows:

	Sept. 29, 2013						Dec. 30, 2012						Sept. 30, 2012
In Thousands	Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Public debt securities	$	(373,520	)	$	(411,197	)	$	(373,386	)	$	(426,050	)	$	(523,344	)	$	(577,775	)
Deferred compensation plan assets		15,875			15,875			13,011			13,011			12,854			12,854
Deferred compensation plan liabilities		(15,875	)		(15,875	)		(13,011	)		(13,011	)		(12,854	)		(12,854	)
Commodity hedging agreements		0			0			500			500			1,037			1,037
Non-public variable rate debt		(40,000	)		(40,000	)		(50,000	)		(50,000	)		0			0

GAAP requires that assets and liabilities carried at fair value be classified and disclosed in one of the following categories:

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs that are not corroborated by market data.

The fair value estimates of the Company’s debt are classified as Level 2. Public debt securities are valued using quoted market prices of the debt or debt with similar characteristics.

The following table summarizes, by assets and liabilities, the valuation of the Company’s deferred compensation plan and commodity hedging agreements:

	Sept. 29, 2013				Dec. 30, 2012				Sept. 30, 2012
In Thousands	Level 1		Level 2		Level 1		Level 2		Level 1		Level 2
Assets
Deferred compensation plan assets	$	15,875			$	13,011			$	12,854
Commodity hedging agreements			$	0			$	500			$	1,037
Liabilities
Deferred compensation plan liabilities		15,875				13,011				12,854

The Company maintains a non-qualified deferred compensation plan for certain executives and other highly compensated employees. The investment assets are held in mutual funds. The fair value of the mutual funds is based on the quoted market value of the securities held within the funds (Level 1). The related deferred compensation liability represents the fair value of the investment assets.

The fair values of the Company’s commodity hedging agreements are based upon rates from public commodity exchanges that are observable and quoted periodically over the full term of the agreement and are considered Level 2 items.

The Company does not have Level 3 assets or liabilities. Also, there were no transfers of assets or liabilities between Level 1 and Level 2 for YTD 2013 and YTD 2012.

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Document and Entity Information	9 Months Ended
	Sep. 29, 2013	Oct. 31, 2013 Common Stock [Member]	Oct. 31, 2013 Class B Common Stock [Member]
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 29, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Entity Registrant Name	COCA COLA BOTTLING CO CONSOLIDATED /DE/
Entity Central Index Key	0000317540
Current Fiscal Year End Date	--12-29
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		7,141,447	2,108,962

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Net Income Per Share - Computation of Basic Net Income Per Share and Diluted Net Income Per Share (Parenthetical) (Detail)	9 Months Ended
	Sep. 29, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]
Percentage undistributed earnings allocated to common stock diluted	100.00%	100.00%

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Other Liabilities

9 Months Ended

Sep. 29, 2013

Payables And Accruals [Abstract]

Other Liabilities

13. Other Liabilities

Other liabilities were summarized as follows:

In Thousands	Sept. 29, 2013		Dec. 30, 2012		Sept. 30, 2012
Accruals for executive benefit plans	$	106,370	$	101,220	$	99,568
Other		16,838		17,083		17,020
Total other liabilities	$	123,208	$	118,303	$	116,588

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Other Accrued Liabilities - Summary of Other Accrued Liabilities (Detail) (USD $) In Thousands, unless otherwise specified	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Payables And Accruals [Abstract]
Accrued marketing costs	$ 12,463	$ 12,506	$ 12,918
Accrued insurance costs	21,571	21,458	21,629
Accrued taxes (other than income taxes)	4,192	1,910	1,827
Accrued income taxes	0	0	5,500
Employee benefit plan accruals	16,754	16,988	17,294
Checks and transfers yet to be presented for payment from zero balance cash accounts	9,999	11,962	9,491
All other accrued liabilities	8,879	10,289	8,241
Total other accrued liabilities	$ 73,858	$ 75,113	$ 76,900

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Other Identifiable Intangible Assets - Other Identifiable Intangible Assets (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 29, 2013	Dec. 30, 2012	Sep. 30, 2012
Finite Lived Intangible Assets Gross [Abstract]
Other identifiable intangible assets	$ 8,547	$ 8,557	$ 8,557
Less: Accumulated amortization	4,783	4,534	4,430
Other identifiable intangible assets, net	$ 3,764	$ 4,023	$ 4,127
Other identifiable intangible assets, Estimated Useful Lives	20 years

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Risks and Uncertainties - Additional Information (Detail)	9 Months Ended							3 Months Ended	9 Months Ended	3 Months Ended	12 Months Ended	9 Months Ended
	Sep. 29, 2013 Customer Supplier Entity	Sep. 30, 2012 Customer	Sep. 29, 2013 Subsequent Event [Member]	Sep. 29, 2013 Wal-Mart [Member]	Sep. 30, 2012 Wal-Mart [Member]	Sep. 29, 2013 Food Lion [Member]	Sep. 30, 2012 Food Lion [Member]	Mar. 31, 2013 Collective Bargaining Agreements [Member]	Sep. 29, 2013 Collective Bargaining Agreements [Member]	Dec. 31, 2013 Collective Bargaining Agreements [Member] Subsequent Event [Member] Scenario, Forecast [Member]	Dec. 30, 2012 Collective Bargaining Arrangements Expired in 2012 [Member] Agreement	Sep. 29, 2013 Collective Bargaining Arrangements Expired in 2013 Quarter 1 [Member] Agreement	Sep. 29, 2013 Collective Bargaining Arrangements Expired in 2013 Q 4 [Member] Agreement
Concentration Risk [Line Items]
Concentration risk percentage of related party products volume to customers	88.00%
Concentration risk percentage of other beverage companies	12.00%
Future consumption	68.00%	68.00%
Immediate consumption	32.00%	32.00%
Bottle and can volume to retail customers				21.00%	22.00%	8.00%	8.00%
Concentration risk major customer sales				14.00%	15.00%
Number of concentration risk major customers representing more than ten percent of sales	0	0
Number of domestic supplier of aluminum cans	2
Number of entities in which reporting entity is shareholder and purchases majority plastic bottles	2
Concentration risk percentage of employees covered by collective bargaining agreements									7.00%
Concentration of risk number of collective bargaining agreements expired											1	1	1
Concentration risk percentage of employees covered by collective bargaining agreements expiring remainder of year			0.40%
Concentration risk percentage of employees covered by collective bargaining agreements under new agreements								0.30%		0.40%