Revenue Recognition (Tables)

9 Months Ended

Sep. 29, 2023

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue from Contracts With Customers

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

	Third Quarter				First Nine Months
(in thousands)	2023		2022		2023		2022
Point in time net sales:
Nonalcoholic Beverages - point in time	$	1,677,221	$	1,587,771	$	4,911,999	$	4,500,277
Total point in time net sales	$	1,677,221	$	1,587,771	$	4,911,999	$	4,500,277
Over time net sales:
Nonalcoholic Beverages - over time	$	13,839	$	12,294	$	39,335	$	35,023
All Other - over time	21,368		28,524		71,568		92,862
Total over time net sales	$	35,207	$	40,818	$	110,903	$	127,885
Total net sales	$	1,712,428	$	1,628,589	$	5,022,902	$	4,628,162

Summary of Activity for Allowance for Credit Losses

Following is a summary of activity for the allowance for credit losses during the first nine months of 2023 and the first nine months of 2022:

	First Nine Months
(in thousands)	2023		2022
Beginning balance - allowance for credit losses	$	13,119	$	14,336
Additions charged to expenses and as a reduction to net sales	4,268		1,987
Deductions	(3,328)		(3,706)
Ending balance - allowance for credit losses	$	14,059	$	12,617