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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Class B Common Stock
Common Stock
Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Common Stock
Retained Earnings
Class B Common Stock
Accumulated Other Comprehensive Loss
Treasury Stock - Common Stock
Common Stock
Treasury Stock - Common Stock
Class B Common Stock
Beginning balance at Dec. 31, 2022 $ 1,115,388     $ 11,431 $ 1,633 $ 135,953 $ 1,112,462     $ (84,837) $ (60,845) $ (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 332,539           332,539          
Other comprehensive income, net of tax 85,775                 85,775    
Dividends declared   $ (8,369) $ (1,005)         $ (8,369) $ (1,005)      
Ending balance at Sep. 29, 2023 1,524,328     11,431 1,633 135,953 1,435,627     938 (60,845) (409)
Beginning balance at Jun. 30, 2023 1,379,708     11,431 1,633 135,953 1,348,221     (56,276) (60,845) (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 92,093           92,093          
Other comprehensive income, net of tax 57,214                 57,214    
Dividends declared   (4,184) (503)         (4,184) (503)      
Ending balance at Sep. 29, 2023 1,524,328     11,431 1,633 135,953 1,435,627     938 (60,845) (409)
Beginning balance at Dec. 31, 2023 1,435,598     11,431 1,633 135,953 1,352,111     (4,276) (60,845) (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 454,177           454,177          
Other comprehensive income, net of tax 324                 324    
Dividends declared   (27,452) (3,517)         (27,452) (3,517)      
Share repurchases [1] (574,143)     (598)     (559,084)       (14,461)  
Ending balance at Sep. 27, 2024 1,284,987     10,833 1,633 135,953 1,216,235     (3,952) (75,306) (409)
Beginning balance at Jun. 28, 2024 1,195,194     11,431 1,633 135,953 1,685,977     (4,403) (634,988) (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 115,624           115,624          
Other comprehensive income, net of tax 451                 451    
Dividends declared   $ (23,267) $ (3,015)         $ (23,267) $ (3,015)      
Share repurchases [1] 0     (598)     (559,084)       559,682  
Ending balance at Sep. 27, 2024 $ 1,284,987     $ 10,833 $ 1,633 $ 135,953 $ 1,216,235     $ (3,952) $ (75,306) $ (409)
[1] The share repurchases relate to shares repurchased in a tender offer and a separate share repurchase transaction with a subsidiary of The Coca‑Cola Company, both of which are further discussed in Note 2 below.