Intangible Assets (Tables)

8 Months Ended

Sep. 09, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

A summary of our amortizable intangible assets is as follows:

	9/9/2023						12/31/2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights	$	833	$	(207)	$	626	$	837	$	(200)	$	637
Customer relationships	550		(249)		301		571		(237)		334
Brands	1,084		(978)		106		1,097		(973)		124
Other identifiable intangibles	444		(269)		175		447		(265)		182
Total	$	2,911	$	(1,703)	$	1,208	$	2,952	$	(1,675)	$	1,277

Schedule Of Change In Book Value Of Indefinite-Lived Intangible Assets

The change in the book value of indefinite-lived intangible assets is as follows:

	Balance 12/31/2022		Acquisitions		Translation and Other		Balance 9/9/2023
FLNA
Goodwill	$	451	$	—	$	(1)	$	450
Brands	251		—		—		251
Total	702		—		(1)		701
QFNA
Goodwill	189		—		—		189
Total	189		—		—		189
PBNA
Goodwill	11,947		4		(4)		11,947
Reacquired franchise rights	7,061		36		(8)		7,089
Acquired franchise rights (a)	1,758		12		(40)		1,730
Brands	2,508		—		—		2,508
Total	23,274		52		(52)		23,274
LatAm
Goodwill	436		—		23		459
Brands	75		—		7		82
Total	511		—		30		541
Europe
Goodwill (b)	3,646		—		(277)		3,369
Reacquired franchise rights	421		—		(16)		405
Acquired franchise rights	148		—		3		151
Brands	1,664		—		23		1,687
Total	5,879		—		(267)		5,612
AMESA
Goodwill	1,015		34		(63)		986
Brands	156		—		(21)		135
Total	1,171		34		(84)		1,121
APAC
Goodwill	518		—		(26)		492
Brands	267		—		(12)		255
Total	785		—		(38)		747
Total goodwill	18,202		38		(348)		17,892
Total reacquired franchise rights	7,482		36		(24)		7,494
Total acquired franchise rights	1,906		12		(37)		1,881
Total brands	4,921		—		(3)		4,918
Total	$	32,511	$	86	$	(412)	$	32,185

(a)Translation and other primarily reflects adjustments to previously recorded amounts related to our agreement with Celsius Holdings, Inc. (Celsius) to distribute Celsius energy drinks in the United States.

(b)Translation and other primarily reflects the depreciation of the Russian ruble.