XML 99 R88.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Liabilities - Summary of Other Liabilities (Detail) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Other Liabilities Disclosure [Abstract]    
Non-current portion of acquisition related contingent consideration $ 338,530 $ 357,952
Accruals for executive benefit plans 128,079 125,791
Non-current deferred proceeds from Territory Conversion Fee 85,734 87,449
Non-current deferred proceeds from Legacy Facilities Credit [1] 30,568 29,881
Other 17,399 19,506
Total other liabilities $ 600,310 $ 620,579
[1] In December 2017, The CocaCola Company agreed to provide the Company a one-time fee, which, after final adjustments made during the third quarter of 2018, totaled $44.3 million (the “Legacy Facilities Credit”). The Legacy Facilities Credit compensated the Company for the net economic impact of changes made by The CocaCola Company to the authorized pricing on sales of covered beverages produced at the manufacturing facilities owned by Company prior to the System Transformation and sold to The CocaCola Company and certain U.S. CocaCola bottlers pursuant to new pricing mechanisms included in the regional manufacturing agreement entered into by the Company and The CocaCola Company on March 31, 2017, as amended. The Company immediately recognized the portion of the Legacy Facilities Credit applicable to a regional manufacturing facility in Mobile, Alabama which the Company transferred to CCR as part of the CCR Exchange Transaction. The remaining balance of the Legacy Facilities Credit will be amortized as a reduction to cost of sales over a period of 40 years.