Segments (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Financial Information by Segment

The Company’s segment results are as follows:

	Fiscal Year 2025
(in thousands)	Nonalcoholic Beverages		All Other		Eliminations(1)		Total
Net sales	$	7,183,782	$	325,969	$	(281,696)	$	7,228,055
Cost of goods sold	4,380,271		186,810		(211,388)		4,355,693
Gross profit	2,803,511		139,159		(70,308)		2,872,362
Selling, delivery and administrative expenses:
Payroll costs(2)	$	1,203,097	$	50,542	$	—	$	1,253,639
Fleet costs(3)	99,135		31,216		—		130,351
Depreciation and amortization expense(4)	115,744		2,204		—		117,948
All other segment items(5)	460,370		29,706		(70,308)		419,768
Total selling, delivery and administrative expenses	1,878,346		113,668		(70,308)		1,921,706
Income from operations	$	925,165	$	25,491	$	—	$	950,656
Total depreciation and amortization expense(4)	$	197,602	$	20,928	$	—	$	218,530

	Fiscal Year 2024
(in thousands)	Nonalcoholic Beverages		All Other		Eliminations(1)		Total
Net sales	$	6,839,368	$	342,892	$	(282,544)	$	6,899,716
Cost of goods sold	4,138,869		219,204		(211,536)		4,146,537
Gross profit	2,700,499		123,688		(71,008)		2,753,179
Selling, delivery and administrative expenses:
Payroll costs(2)	$	1,149,363	$	50,668	$	—	$	1,200,031
Fleet costs(3)	103,444		31,475		—		134,919
Depreciation and amortization expense(4)	103,451		1,993		—		105,444
All other segment items(5)	437,014		26,429		(71,008)		392,435
Total selling, delivery and administrative expenses	1,793,272		110,565		(71,008)		1,832,829
Income from operations	$	907,227	$	13,123	$	—	$	920,350
Total depreciation and amortization expense(4)	$	177,527	$	16,264	$	—	$	193,791

	Fiscal Year 2023
(in thousands)	Nonalcoholic Beverages		All Other		Eliminations(1)		Total
Net sales	$	6,562,972	$	367,422	$	(276,536)	$	6,653,858
Cost of goods sold	3,999,292		263,307		(207,452)		4,055,147
Gross profit	2,563,680		104,115		(69,084)		2,598,711
Selling, delivery and administrative expenses:
Payroll costs(2)	$	1,097,684	$	53,894	$	—	$	1,151,578
Fleet costs(3)	106,235		32,945		—		139,180
Depreciation and amortization expense(4)	95,330		2,104		—		97,434
All other segment items(5)	422,939		22,213		(69,084)		376,068
Total selling, delivery and administrative expenses	1,722,188		111,156		(69,084)		1,764,260
Income from operations	$	841,492	$	(7,041)	$	—	$	834,451
Total depreciation and amortization expense(4)	$	164,494	$	12,472	$	—	$	176,966

(1)The entire net sales elimination represents net sales from the All Other segment to the Nonalcoholic Beverages segment. The entire cost of goods sold and SD&A eliminations represent costs incurred by the All Other segment in the generation of net sales to the Nonalcoholic Beverages segment.

(2)Payroll costs includes compensation, incentive plans, defined contribution plans, healthcare benefits and tax-advantaged spending accounts.

(3)Fleet costs includes fleet repairs, maintenance and fuel and oil costs.

(4)Total depreciation and amortization expense is included within both cost of goods sold and SD&A expenses. For segment reporting, the difference between total depreciation and amortization expense and the portion within SD&A expenses is the amount within cost of goods sold.

(5)All other segment items includes information technology costs, stewardship, insurance and other costs incurred in the selling and delivery of the Company’s products.