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Other Liabilities
 12 Months Ended
Dec. 31, 2025
Other Liabilities Disclosure [Abstract]  
Other Liabilities Other Liabilities
Other liabilities consisted of the following:

(in thousands)December 31, 2025December 31, 2024
Noncurrent portion of acquisition related contingent consideration$642,970 $590,209 
Accruals for executive benefit plans176,506 163,444 
Noncurrent deferred proceeds from related parties94,048 97,112 
Other5,231 8,794 
Total other liabilities$918,755 $859,559 

In 2017, The Coca‑Cola Company agreed to provide the Company a fee to compensate the Company for the net economic impact of changes made by The Coca‑Cola Company to the authorized pricing on sales of covered beverages produced at certain manufacturing plants owned by the Company (the “Legacy Facilities Credit”), which was recorded as a deferred liability and will be amortized as a reduction to cost of sales over a period of 40 years.

Also in 2017, upon the conversion of the Company’s then-existing bottling agreements pursuant to the CBA, the Company received a fee from CCR (the “Territory Conversion Fee”), which was recorded as a deferred liability and will be amortized as a reduction to cost of sales over a period of 40 years. Together, the Legacy Facilities Credit and the Territory Conversion Fee are “deferred proceeds from related parties.”