Supplemental Disclosures of Cash Flow Information

12 Months Ended

Dec. 31, 2024

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information

Supplemental Disclosures of Cash Flow Information

Changes in current assets and current liabilities affecting cash were as follows:

	Fiscal Year
(in thousands)	2024		2023		2022
Short-term investments	$	(5,142)	$	—	$	—
Accounts receivable, trade	(11,720)		(23,886)		(59,777)
Allowance for doubtful accounts	(1,386)		(59)		(1,217)
Accounts receivable from The Coca-Cola Company	(37,935)		(16,150)		21,951
Accounts receivable, other	26,889		(12,902)		(20,753)
Inventories	(8,463)		25,613		(44,694)
Prepaid expenses and other current assets	(7,746)		5,682		(16,201)
Accounts payable, trade	(36,496)		17,096		23,417
Accounts payable to The Coca-Cola Company	47,772		(23,284)		17,112
Other accrued liabilities	8,693		37,017		(10,649)
Accrued compensation	21,760		20,011		16,027
Change in current assets less current liabilities	$	(3,774)	$	29,138	$	(74,784)

The Company had the following net cash payments during the period for income taxes and interest:

	Fiscal Year
(in thousands)	2024		2023		2022
Income taxes	$	223,975	$	200,812	$	140,988
Interest	56,094		23,960		28,086

The Company had the following significant non-cash financing and investing activities:

	Fiscal Year
(in thousands)	2024		2023		2022
Additions to property, plant and equipment accrued and recorded in accounts payable, trade	$	44,946	$	59,014	$	44,775
Right-of-use assets obtained in exchange for operating lease obligations	17,280		10,215		25,130
Dividends declared but not yet paid	—		154,666		32,808
Reductions to leased property under financing leases	—		—		55,465