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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Summary of Significant Transactions Between Company and the Coca-cola Company
The following table summarizes the significant cash transactions between the Company and The Coca‑Cola Company:

 Fiscal Year
(in thousands)202320222021
Payments made by the Company to The Coca-Cola Company(1)
$2,019,409 $1,867,727 $1,558,784 
Payments made by The Coca-Cola Company to the Company253,972 256,333 207,073 

(1)This excludes acquisition related sub-bottling payments made by the Company to CCR, a wholly owned subsidiary of The Coca‑Cola Company, but includes the purchase price of certain additional BODYARMOR distribution rights, each as discussed below.
Summary of Liability to Estimated Fair Value of Contingent Consideration The following table summarizes the liability recorded by the Company to reflect the estimated fair value of contingent consideration related to future expected acquisition related sub‑bottling payments to CCR:
(in thousands)December 31, 2023December 31, 2022
Current portion of acquisition related contingent consideration$64,528 $40,060 
Noncurrent portion of acquisition related contingent consideration604,809 501,431 
Total acquisition related contingent consideration$669,337 $541,491 
Summary of Rental Payments Related to Leases
A summary of rental payments for related party leases for 2023, 2022 and 2021 is as follows:

Fiscal Year
(in thousands)202320222021
Company headquarters$3,931 $3,854 $3,778 
Snyder Production Center(1)
— 927 4,451 

(1)The lease for the Snyder Production Center and an adjacent sales facility in Charlotte, North Carolina (together, the “Snyder Production Center”) was terminated during 2022 in connection with the purchase of the Snyder Production Center by CCBCC Operations, LLC, a wholly owned subsidiary of the Company.