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Related Party Transactions (Tables)
3 Months Ended
Mar. 28, 2025
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:

First Quarter
(in thousands)20252024
Payments made by the Company to The Coca-Cola Company(1)
$443,256 $457,244 
Payments made by The Coca-Cola Company to the Company80,045 55,398 

(1)This excludes acquisition related sub-bottling payments made by the Company to CCR (as defined below), a wholly owned subsidiary of The Coca‑Cola Company.
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)March 28, 2025December 31, 2024
Current portion of acquisition related contingent consideration$72,520 $63,982 
Noncurrent portion of acquisition related contingent consideration609,280 590,209 
Total acquisition related contingent consideration$681,800 $654,191