Revenue Recognition (Tables)

6 Months Ended

Jul. 01, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue From Contracts With Customers

The following table represents a disaggregation of revenue from contracts with customers:

	Second Quarter				First Half
(in thousands)	2022		2021		2022		2021
Point in time net sales:
Nonalcoholic Beverages - point in time	$	1,550,255	$	1,388,991	$	2,912,506	$	2,614,203
Total point in time net sales	$	1,550,255	$	1,388,991	$	2,912,506	$	2,614,203
Over time net sales:
Nonalcoholic Beverages - over time	$	11,759	$	10,924	$	22,729	$	20,802
All Other - over time	33,201		33,171		64,338		67,938
Total over time net sales	$	44,960	$	44,095	$	87,067	$	88,740
Total net sales	$	1,595,215	$	1,433,086	$	2,999,573	$	2,702,943

Summary of Activity for Allowance for Credit Losses

Following is a summary of activity for the allowance for credit losses during the first half of 2022 and the first half of 2021:

	First Half
(in thousands)	2022		2021
Beginning balance - allowance for credit losses	$	14,336	$	18,070
Additions charged to expenses and as reductions to net sales	47		1,652
Deductions	(2,860)		(6,790)
Ending balance - allowance for credit losses	$	11,523	$	12,932