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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2018	Oct. 28, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3
Trading Symbol	COKE
Entity Registrant Name	COCA COLA BOTTLING CO CONSOLIDATED /DE/
Entity Central Index Key	0000317540
Current Fiscal Year End Date	--12-30
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		7,141,447
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,213,018

Consolidated Condensed Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Net sales	$ 1,211,661	$ 1,162,526	$ 3,510,997	$ 3,197,519
Cost of sales	791,317	752,202	2,313,728	2,039,996
Gross profit	420,344	410,324	1,197,269	1,157,523
Selling, delivery and administrative expenses	375,940	372,852	1,152,183	1,056,446
Income from operations	44,404	37,472	45,086	101,077
Interest expense, net	12,827	10,697	37,617	30,607
Other income (expense), net	1,696	3,884	(3,612)	(36,595)
Gain on exchange transactions	10,170		10,170
Income before income taxes	43,443	30,659	14,027	33,875
Income tax expense	16,493	11,748	3,387	11,800
Net income	26,950	18,911	10,640	22,075
Less: Net income attributable to noncontrolling interest	1,786	1,595	3,594	3,462
Net income attributable to Coca-Cola Bottling Co. Consolidated	$ 25,164	$ 17,316	$ 7,046	$ 18,613
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 2.69	$ 1.86	$ 0.75	$ 2.00
Weighted average number of Common Stock shares outstanding	7,141	7,141	7,141	7,141
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 2.69	$ 1.85	$ 0.75	$ 1.99
Weighted average number of Common Stock shares outstanding – assuming dilution	9,405	9,374	9,400	9,369
Cash dividends per share:
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B Common Stock [Member]
Basic net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 2.69	$ 1.86	$ 0.75	$ 2.00
Weighted average number of Common Stock shares outstanding	2,213	2,193	2,208	2,188
Diluted net income per share based on net income attributable to Coca-Cola Bottling Co. Consolidated:
Common Stock	$ 2.68	$ 1.84	$ 0.74	$ 1.97
Weighted average number of Common Stock shares outstanding – assuming dilution	2,264	2,233	2,259	2,228
Cash dividends per share:
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75

Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 26,950	$ 18,911	$ 10,640	$ 22,075
Defined benefit plans reclassification including pension costs:
Actuarial gains	703	496	2,109	1,487
Prior service benefits	4	4	13	13
Postretirement benefits reclassification included in benefits costs:
Actuarial gains	376	398	1,128	1,194
Prior service costs	(348)	(458)	(1,044)	(1,374)
Foreign currency translation adjustment	(1)	7	(7)	23
Other comprehensive income, net of tax	734	447	2,199	1,343
Comprehensive income	27,684	19,358	12,839	23,418
Less: Comprehensive income attributable to noncontrolling interest	1,786	1,595	3,594	3,462
Comprehensive income attributable to Coca-Cola Bottling Co. Consolidated	$ 25,898	$ 17,763	$ 9,245	$ 19,956

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 9,337	$ 16,902
Accounts receivable, trade	432,384	396,022
Allowance for doubtful accounts	(9,069)	(7,606)
Accounts receivable from The Coca-Cola Company	62,541	65,996
Accounts receivable, other	28,632	38,960
Inventories	229,892	183,618
Prepaid expenses and other current assets	91,514	100,646
Total current assets	845,231	794,538
Property, plant and equipment, net	998,117	1,031,388
Leased property under capital leases, net	25,208	29,837
Other assets	119,193	116,209
Goodwill	165,903	169,316
Total assets	3,072,424	3,072,960
Current Liabilities:
Current portion of obligations under capital leases	8,438	8,221
Accounts payable, trade	186,706	197,049
Accounts payable to The Coca-Cola Company	142,849	171,042
Other accrued liabilities	153,609	185,530
Accrued compensation	57,651	72,484
Accrued interest payable	9,363	5,126
Total current liabilities	558,616	639,452
Deferred income taxes	123,248	112,364
Pension and postretirement benefit obligations	98,738	118,392
Other liabilities	600,310	620,579
Obligations under capital leases	28,840	35,248
Long-term debt	1,194,109	1,088,018
Total liabilities	2,603,861	2,614,053
Commitments and Contingencies
Equity:
Capital in excess of par value	124,228	120,417
Retained earnings	388,750	388,718
Accumulated other comprehensive loss	(92,003)	(94,202)
Treasury stock, at cost:
Total equity of Coca-Cola Bottling Co. Consolidated	372,764	366,702
Noncontrolling interest	95,799	92,205
Total equity	468,563	458,907
Total liabilities and equity	3,072,424	3,072,960
Common Stock [Member]
Equity:
Common Stock	10,204	10,204
Treasury stock, at cost:
Treasury stock	(60,845)	(60,845)
Class B Common Stock [Member]
Equity:
Common Stock	2,839	2,819
Treasury stock, at cost:
Treasury stock	(409)	(409)
Distribution Agreements [Member]
Current Assets:
Other identifiable intangible assets, net	901,831	913,352
Customer Lists and Other Identifiable Intangible Assets [Member]
Current Assets:
Other identifiable intangible assets, net	$ 16,941	$ 18,320

Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Common Stock [Member]
Common stock, par value	$ 1.00	$ 1.00
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	10,203,821	10,203,821
Treasury stock, shares	3,062,374	3,062,374
Class B Common Stock [Member]
Common stock, par value	$ 1.00	$ 1.00
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,841,132	2,820,836
Treasury stock, shares	628,114	628,114

Consolidated Condensed Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Total	Class B Common Stock [Member]	Common Stock [Member]	Common Stock [Member] Class B Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Retained Earnings [Member] Class B Common Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock - Common Stock [Member]	Treasury Stock - Common Stock [Member] Class B Common Stock [Member]	Total Equity of Coca-Cola Bottling Co. Consolidated [Member]	Total Equity of Coca-Cola Bottling Co. Consolidated [Member] Class B Common Stock [Member]	Non-controlling Interest [Member]
Beginning Balance at Jan. 01, 2017	$ 363,024		$ 10,204	$ 2,798	$ 116,769	$ 301,511		$ (92,897)	$ (60,845)	$ (409)	$ 277,131		$ 85,893
Net income	22,075					18,613					18,613		3,462
Other comprehensive income, net of tax	1,343							1,343			1,343
Cash dividends paid Common ($0.75 per share)	(5,356)	$ (1,639)				(5,356)	$ (1,639)				(5,356)	$ (1,639)
Issuance of shares of Class B Common Stock	3,669			21	3,648						3,669
Ending Balance at Oct. 01, 2017	383,116		10,204	2,819	120,417	313,129		(91,554)	(60,845)	(409)	293,761		89,355
Beginning Balance at Jul. 02, 2017								(92,001)
Net income	18,911
Other comprehensive income, net of tax	447
Cash dividends paid Common ($0.75 per share)	(1,785)	(548)
Ending Balance at Oct. 01, 2017	383,116		10,204	2,819	120,417	313,129		(91,554)	(60,845)	(409)	293,761		89,355
Beginning Balance at Dec. 31, 2017	458,907		10,204	2,819	120,417	388,718		(94,202)	(60,845)	(409)	366,702		92,205
Net income	10,640					7,046					7,046		3,594
Other comprehensive income, net of tax	2,199							2,199			2,199
Cash dividends paid Common ($0.75 per share)	(5,357)	(1,657)				(5,357)	$ (1,657)				(5,357)	$ (1,657)
Issuance of shares of Class B Common Stock	3,831			20	3,811						3,831
Ending Balance at Sep. 30, 2018	468,563		10,204	2,839	124,228	388,750		(92,003)	(60,845)	(409)	372,764		95,799
Beginning Balance at Jul. 01, 2018								(92,737)
Net income	26,950
Other comprehensive income, net of tax	734
Cash dividends paid Common ($0.75 per share)	(1,787)	$ (556)
Ending Balance at Sep. 30, 2018	$ 468,563		$ 10,204	$ 2,839	$ 124,228	$ 388,750		$ (92,003)	$ (60,845)	$ (409)	$ 372,764		$ 95,799

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

Consolidated Condensed Statements of Changes in Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B Common Stock [Member]
Cash dividend per share	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Class B common stock shares issued			20,296	21,020

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Cash Flows from Operating Activities:
Net income	$ 10,640	$ 22,075
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	123,542	108,697
Amortization of intangible assets and deferred proceeds, net	16,954	11,596
Deferred income taxes	9,903	(24,741)
Gain on exchange transactions	(10,170)
Loss on sale of property, plant and equipment	6,123	3,420
Impairment of property, plant and equipment	299
Fair value adjustment of acquisition related contingent consideration	1,584	23,140
Stock compensation expense	4,494	6,473
Amortization of debt costs	1,103	806
Proceeds from Territory Conversion Fee		87,066
Change in current assets less current liabilities (exclusive of acquisitions)	(120,421)	(19,036)
Change in other noncurrent assets (exclusive of acquisitions)	724	(13,391)
Change in other noncurrent liabilities (exclusive of acquisitions)	(18,762)	(3,746)
Other	17	66
Total adjustments	15,390	180,350
Net cash provided by operating activities	26,030	202,425
Cash Flows from Investing Activities:
Additions to property, plant and equipment (exclusive of acquisitions)	(113,104)	(114,953)
Investment in CONA Services LLC	(2,098)	(1,976)
Acquisition of distribution territories and regional manufacturing facilities, net of cash acquired and purchase price settlements	1,811	(227,769)
Proceeds from cold drink equipment	3,789	8,400
Proceeds from the sale of property, plant and equipment	3,555	493
Glacéau distribution agreement consideration		(15,598)
Prepayment of funds for October 2017 Expansion Transactions		(56,498)
Net cash used in investing activities	(106,047)	(407,901)
Cash Flows from Financing Activities:
Payments on Revolving Credit Facility	(322,000)	(238,000)
Borrowings under Revolving Credit Facility	285,000	333,000
Proceeds from issuance of Senior Notes	150,000	125,000
Payment of acquisition related contingent consideration	(18,312)	(11,650)
Payment on Term Loan Facility	(7,500)
Cash dividends paid	(7,014)	(6,995)
Principal payments on capital lease obligations	(6,191)	(5,594)
Debt issuance fees	(1,531)	(213)
Net cash provided by financing activities	72,452	195,548
Net decrease in cash	(7,565)	(9,928)
Cash at beginning of period	16,902	21,850
Cash at end of period	9,337	11,922
Significant noncash investing and financing activities:
Additions to property, plant and equipment accrued and recorded in accounts payable, trade	4,081	13,724
Class B Common Stock [Member]
Significant noncash investing and financing activities:
Issuance of Class B Common Stock in connection with stock award	$ 3,831	$ 3,669

Significant Accounting Policies and New Accounting Pronouncements

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Significant Accounting Policies and New Accounting Pronouncements

1.Significant Accounting Policies and New Accounting Pronouncements

The consolidated condensed financial statements include the accounts of Coca‑Cola Bottling Co. Consolidated and its majority-owned subsidiaries (the “Company”). All significant intercompany accounts and transactions have been eliminated. The consolidated condensed financial statements reflect all adjustments, including normal, recurring accruals, which, in the opinion of management, are necessary for a fair statement of the results for the interim periods presented:

•

The financial position as of September 30, 2018 and December 31, 2017.

•

The results of operations and comprehensive income for the 13 week periods ended September 30, 2018 (“third quarter” of fiscal 2018 (“2018”)) and October 1, 2017 (“third quarter” of fiscal 2017 (“2017”)), and the 39 week periods ended September 30, 2018 (“first three quarters” of 2018) and October 1, 2017 (“first three quarters” of 2017).

•

The changes in equity and cash flows for the first three quarters of 2018 and the first three quarters of 2017.

The consolidated condensed financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial reporting and the instructions to Form 10-Q and Article 10 of Regulation S-X. The accounting policies followed in the presentation of interim financial results are consistent with those followed on an annual basis. These policies are presented in Note 1 to the consolidated financial statements included in the Company’s Annual Report on Form 10‑K for 2017 filed with the Securities and Exchange Commission (the “SEC”).

The preparation of consolidated condensed financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Significant Accounting Policies

In the ordinary course of business, the Company has made a number of estimates and assumptions relating to the reporting of results of operations and financial position in the preparation of its consolidated condensed financial statements in conformity with GAAP. Actual results could differ significantly from those estimates under different assumptions and conditions. The Company included in its Annual Report on Form 10‑K for 2017 under the caption “Discussion of Critical Accounting Policies, Estimates and New Accounting Pronouncements” in Part II, “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations,” a discussion of the Company’s most critical accounting policies, which are those the Company believes to be the most important to the portrayal of its financial condition and results of operations and require management’s most difficult, subjective and complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Any changes in critical accounting policies and estimates are discussed with the Audit Committee of the Board of Directors of the Company during the quarter in which a change is contemplated and prior to making such change.

Recently Adopted Pronouncements

In May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2014-09 “Revenue from Contracts with Customers,” (the “revenue recognition standard”). Subsequent to the issuance of ASU 2014‑09, the FASB issued several additional accounting standards for revenue recognition to update the effective date of the revenue recognition guidance and to provide additional clarification on the updated standard. The new guidance is effective for annual and interim periods beginning after December 15, 2017. The Company adopted the revenue recognition standard in the first quarter of 2018, as discussed in Note 2.

In January 2016, the FASB issued ASU 2016-01 “Recognition and Measurement of Financial Assets and Financial Liabilities,” which revises the classification and measurement of investments in equity securities and the presentation of certain fair value changes in financial liabilities measured at fair value. The new guidance is effective for annual and interim periods beginning after December 31, 2017. The Company adopted this guidance in the first quarter of 2018 and there was no material impact to the Company’s consolidated condensed financial statements.

In January 2017, the FASB issued ASU 2017-01 “Clarifying the Definition of a Business,” which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The new guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company adopted this guidance in the first quarter of 2018 and there was no material impact to the Company’s consolidated condensed financial statements.

In January 2017, the FASB issued ASU 2017-04 “Simplifying the Test for Goodwill Impairment,” which simplifies how an entity is required to test goodwill for impairment by eliminating step 2 from the goodwill impairment test, which measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount. Under the new guidance, entities should instead perform annual or interim goodwill impairment tests by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the excess of the carrying amount over the fair value of the respective reporting unit. The new guidance is effective for the annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. The Company adopted this guidance in the first quarter of 2018 and there was no material impact to the Company’s consolidated condensed financial statements.

In March 2017, the FASB issued ASU 2017‑07 “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost,” which requires that the service cost component of the Company’s net periodic pension cost and net periodic postretirement benefit cost be included in the same line item as other compensation costs arising from services rendered by employees, with the non-service cost components of net periodic benefit cost being classified outside of a subtotal of income from operations. Of the components of net periodic benefit cost, only the service cost component is eligible for asset capitalization. The new guidance is effective for annual periods beginning after December 31, 2017, including interim periods within those annual periods. The Company adopted this guidance in the first quarter of 2018 using the practical expedient which allows entities to use information previously disclosed in their pension and other postretirement benefit plans note as the estimation basis to apply the retrospective presentation requirements in ASU 2017-07.

With the adoption of this guidance in the first quarter of 2018, the Company recorded the non-service cost component of net periodic benefit cost, which totaled $0.6 million in the third quarter of 2018 and $2.0 million in the first three quarters of 2018, to other income (expense), net in the consolidated condensed statements of operations. The Company reclassified $1.3 million from the third quarter of 2017 and $4.0 million from the first three quarters of 2017 of non-service cost components of net periodic benefit cost and other benefit plan charges from selling, delivery and administrative (“S,D&A”) expenses to other income (expense), net in the consolidated condensed statements of operations. The non-service cost component of net periodic benefit cost is included in the Nonalcoholic Beverages segment.

Recently Issued Pronouncements

In February 2018, the FASB issued ASU 2018‑02 “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income,” which provides the option to reclassify stranded tax effects resulting from the Tax Cuts and Jobs Act (the “Tax Act”) from accumulated other comprehensive income to retained earnings. The new guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, and can be early adopted. The Company is currently evaluating whether it will adopt this guidance.

In February 2016, the FASB issued ASU 2016-02 “Leases,” which requires lessees to recognize a right-to-use asset and a lease liability for virtually all leases (other than leases meeting the definition of a short-term lease). The new guidance is effective for fiscal years beginning after December 15, 2018 and interim periods beginning the following fiscal year. The Company anticipates adopting the new accounting standard on December 31, 2018, the first day of fiscal 2019, using the optional transition method, which was approved by the FASB in March 2018 and allows companies the option to use the effective date as the date of initial application on transition and to not adjust comparative period financial information or make the new required disclosures for periods prior to the effective date.

The Company has formed a project team, which is in the process of reviewing its existing lease portfolio, including certain service contracts for embedded leases, to determine the size of the Company’s lease portfolio in order to evaluate the impact of this new guidance on the Company’s consolidated condensed financial statements. The Company anticipates the impact of adopting this new guidance will be material to its consolidated condensed balance sheets. The impact on the Company’s consolidated condensed statements of operations is still being evaluated. As the impact of the new guidance is non-cash in nature, the Company does not anticipate the impact of adopting this new guidance will be material to its consolidated condensed statements of cash flows. Additionally, the Company is evaluating the impacts of ASU 2016‑02 beyond accounting, including system, data and process changes required to comply with this standard. The Company anticipates implementing new controls and utilizing a lease accounting software application with the adoption of this new guidance and on a go-forward basis in order to properly approve, track and account for its entire lease portfolio.

Revenue Recognition

9 Months Ended

Sep. 30, 2018

Revenue From Contract With Customer [Abstract]

Revenue Recognition

2.Revenue Recognition

The Company adopted the revenue recognition standard, including all relevant amendments and practical expedients, in the first quarter of 2018 using the modified retrospective approach for all contracts not completed at the date of initial adoption, considering materiality and applicability. Upon adoption of this guidance, there was no material impact to the Company’s consolidated condensed financial statements.

The Company’s contracts are derived from customer orders, including customer sales incentives, generated through an order processing and replenishment model. The Company has defined its performance obligations for its contracts as either at a point in time or over time.

The Company offers a range of nonalcoholic beverage products and flavors designed to meet the demands of its consumers, including both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company’s principal sparkling beverage is Coca‑Cola. Still beverages include energy products and noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks.

The Company’s products are sold and distributed through various channels, which include selling directly to retail stores and other outlets such as food markets, institutional accounts and vending machine outlets. During the first three quarters of 2018, approximately 66% of the Company’s bottle/can sales volume to retail customers was sold for future consumption, while the remaining bottle/can sales volume to retail customers was sold for immediate consumption. All the Company’s beverage sales were to customers in the United States. The Company typically collects payment from customers within 30 days from the date of sale.

The Company’s sales are divided into two main categories: (i) bottle/can sales and (ii) other sales. Bottle/can sales include products packaged primarily in plastic bottles and aluminum cans. Other sales include sales to other Coca‑Cola bottlers, “post-mix” products, transportation and equipment maintenance revenue. Post-mix products are dispensed through equipment that mixes fountain syrups with carbonated or still water, enabling fountain retailers to sell finished products to consumers in cups or glasses. Net sales by category were as follows:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Bottle/can sales:
Sparkling beverages (carbonated)	$	605,614	$	582,710	$	1,787,451	$	1,670,093
Still beverages (noncarbonated, including energy products)		413,282		384,495		1,142,764		1,009,508
Total bottle/can sales		1,018,896		967,205		2,930,215		2,679,601

Other sales:
Sales to other Coca-Cola bottlers		92,139		104,619		300,819		274,317
Post-mix and other		100,626		90,702		279,963		243,601
Total other sales		192,765		195,321		580,782		517,918

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

Bottle/can sales represented approximately 83% and 84% in the first three quarters of 2018 and the first three quarters of 2017, respectively. The sparkling beverage category represented approximately 61% and 62% of total bottle/can sales during the first three quarters of 2018 and the first three quarters of 2017, respectively.

Bottle/can sales, sales to other Coca‑Cola bottlers and post-mix sales are recognized when control transfers to a customer, which is generally upon delivery and is considered a single point in time (“point in time”). Point in time sales accounted for approximately 97% of the Company’s net sales in both the first three quarters of 2018 and the first three quarters of 2017. Substantially all of the Company’s revenue is recognized at a point in time and is included in the Nonalcoholic Beverages segment.

Other sales, which include revenue for service fees related to the repair of cold drink equipment and delivery fees for freight hauling and brokerage services, are recognized over time (“over time”). Revenues related to cold drink equipment repair are recognized as the respective services are completed using a cost-to-cost input method. Repair services are generally completed in less than one day but can extend up to one month. Revenues related to freight hauling and brokerage services are recognized as the delivery occurs using a miles driven output method. Generally, delivery occurs and freight charges are recognized in the same day. Over time sales orders open at the end of a financial period are not considered material to the Company’s consolidated condensed financial statements.

The Company participates in various sales programs with The Coca‑Cola Company, other beverage companies and customers to increase the sale of its products. Programs negotiated with customers include arrangements under which allowances can be earned for attaining agreed-upon sales levels. The cost of these various sales incentives are not considered a separate performance obligation and are included as deductions to net sales.

Revenues do not include sales or other taxes collected from customers.

The majority of the Company’s contracts include multiple performance obligations related to the delivery of specifically identifiable products, which generally have a duration of less than one year. For sales contracts with multiple performance obligations, the Company allocates the contract’s transaction price to each performance obligation using stated contractual price, which represents the standalone selling price of each distinct good sold under the contract. Generally, the Company’s service contracts have a single performance obligation.

The following table represents a disaggregation of revenue from contracts with customers:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Point in time net sales:
Nonalcoholic - point in time	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777
Total point in time net sales	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777

Over time net sales:
Nonalcoholic - over time	$	11,936	$	10,057	$	33,239	$	27,197
Other - over time		31,449		20,288		83,505		57,545
Total over time net sales	$	43,385	$	30,345	$	116,744	$	84,742

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

The Company sells its products and extends credit, generally without requiring collateral, based on an ongoing evaluation of the customer’s business prospects and financial condition. The Company evaluates the collectability of its trade accounts receivable based on a number of factors, including the Company’s historic collections pattern and changes to a specific customer’s ability to meet its financial obligations. The Company has established an allowance for doubtful accounts to adjust the recorded receivable to the estimated amount the Company believes will ultimately be collected.

The nature of the Company’s contracts gives rise to several types of variable consideration, including prospective and retrospective rebates. The Company accounts for its prospective and retrospective rebates using the expected value method, which estimates the net price to the customer based on the customer’s expected annual sales volume projections.

The Company experiences customer returns primarily as a result of damaged or out-of-date product. At any given time, the Company estimates less than 1% of bottle/can sales and post-mix sales could be at risk for return by customers. The Company’s reserve for customer returns was $2.3 million as of September 30, 2018 and was included in the allowance for doubtful accounts in the consolidated condensed balance sheet. Returned product is recognized as a reduction of net sales.

Acquisitions and Divestitures

9 Months Ended

Sep. 30, 2018

Business Combinations [Abstract]

Acquisitions and Divestitures

3.Acquisitions and Divestitures

As part of The Coca‑Cola Company’s plans to refranchise its North American bottling territories, the Company and Piedmont Coca‑Cola Bottling Partnership, a partnership formed by the Company and The Coca‑Cola Company (“Piedmont”), completed a series of transactions from April 2013 to October 2017 with The Coca‑Cola Company, Coca‑Cola Refreshments USA, Inc. (“CCR”), a wholly-owned subsidiary of The Coca‑Cola Company and Coca‑Cola Bottling Company United, Inc. (“United”), an independent bottler that is unrelated to the Company, to significantly expand the Company’s distribution and manufacturing operations (the “System Transformation”). The System Transformation included the acquisition and exchange of rights to serve distribution territories and related distribution assets, as well as the acquisition and exchange of regional manufacturing facilities and related manufacturing assets.

A summary of the System Transformation transactions (the “System Transformation Transactions”) completed by the Company is included in the Company’s Annual Report on Form 10‑K for 2017. Following is a summary of the System Transformation Transactions for which final post-closing adjustments were completed during the third quarter of 2018 in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement for such transactions. As of September 30, 2018, the cash purchase prices or settlement amounts for all System Transformation Transactions have been resolved according to the terms of the transaction agreements. The post-closing adjustments made during the third quarter of 2018 resulted in a $10.2 million net adjustment to the gain on exchange transactions in the consolidated condensed statements of operations.

Acquisition of Arkansas Distribution Territories and Memphis, Tennessee and West Memphis, Arkansas Regional Manufacturing Facilities in exchange for the Company’s Deep South and Somerset Distribution Territories and Mobile, Alabama Manufacturing Facility (the “CCR Exchange Transaction”)

On October 2, 2017, the Company (i) acquired from CCR distribution rights and related assets in territories previously served by CCR through CCR’s facilities and equipment located in central and southern Arkansas and two regional manufacturing facilities located in Memphis, Tennessee and West Memphis, Arkansas and related manufacturing assets (collectively, the “CCR Exchange Business”) in exchange for which the Company (ii) transferred to CCR distribution rights and related assets in territories previously served by the Company through its facilities and equipment located in portions of southern Alabama, southeastern Mississippi, southwestern Georgia and northwestern Florida and in and around Somerset, Kentucky and a regional manufacturing facility located in Mobile, Alabama and related manufacturing assets (collectively, the “Deep South and Somerset Exchange Business”), pursuant to an asset exchange agreement entered into by the Company, certain of its wholly-owned subsidiaries and CCR on September 29, 2017.

At closing, the Company paid CCR $15.9 million toward the settlement amount for the CCR Exchange Transaction, representing an estimate of the difference between the value of the CCR Exchange Business acquired by the Company and the value of the Deep South and Somerset Exchange Business acquired by CCR. During the fourth quarter of 2017, the Company recorded certain adjustments to this settlement amount as a result of changes in estimated net working capital and other fair value adjustments. The settlement amount was included in accounts payable to The Coca‑Cola Company in the consolidated condensed balance sheet as of December 31, 2017.

During the third quarter of 2018, all post-closing adjustments were finalized for the CCR Exchange Transaction, resulting in a final settlement amount for the CCR Exchange Transaction of $26.2 million. A net balance of $10.3 million related to the settlement amount for the CCR Exchange Transaction remained payable to CCR by the Company as of September 30, 2018. This balance was paid to CCR during the fourth quarter of 2018.

Acquisition of Memphis, Tennessee Distribution Territories (the “Memphis Transaction”)

On October 2, 2017, the Company acquired distribution rights and related assets in territories previously served by CCR through CCR’s facilities and equipment located in and around Memphis, Tennessee, including portions of northwestern Mississippi and eastern Arkansas (the “Memphis Territory”), pursuant to an asset purchase agreement entered by the Company and CCR on September 29, 2017 (the “September 2017 APA”). At closing, the Company paid CCR $39.6 million toward the purchase price for the Memphis Transaction. During the second and third quarters of 2018, all post-closing adjustments were finalized for the Memphis Transaction, resulting in a net increase of $2.6 million in the cash purchase price, which was paid to CCR during the third quarter of 2018.

Acquisition of Spartanburg and Bluffton, South Carolina Distribution Territories in exchange for the Company’s Florence and Laurel Territories and Piedmont’s Northeastern Georgia Territories (the “United Exchange Transaction”)

On October 2, 2017, the Company and Piedmont completed exchange transactions in which (i) the Company acquired from United distribution rights and related assets in territories previously served by United through United’s facilities and equipment located in and around Spartanburg, South Carolina and a portion of United’s territory located in and around Bluffton, South Carolina (collectively, the “United Distribution Business”) and Piedmont acquired from United similar rights, assets and liabilities, and working capital in the remainder of United’s Bluffton, South Carolina territory, in exchange for which (ii) the Company transferred to United distribution rights and related assets in territories previously served by the Company through its facilities and equipment located in parts of northwestern Alabama, south-central Tennessee and southeastern Mississippi previously served by the Company’s distribution centers located in Florence, Alabama and Laurel, Mississippi (collectively, the “Florence and Laurel Distribution Business”) and Piedmont transferred to United similar rights, assets and liabilities, and working capital of Piedmont’s in territory located in parts of northeastern Georgia (the “Northeastern Georgia Distribution Business”), pursuant to an asset exchange agreement between the Company, certain of its wholly-owned subsidiaries and United dated September 29, 2017 and an asset exchange agreement between Piedmont and United dated September 29, 2017.

At closing, the Company and Piedmont paid United $3.4 million toward the settlement amount for the United Exchange Transaction, representing an estimate of (i) the difference between the value of the United Distribution Business acquired by the Company and the value of the Florence and Laurel Distribution Business acquired by United, plus (ii) the difference between the value of the portion of the Bluffton, South Carolina territory acquired by Piedmont and the value of the Northeastern Georgia Distribution Business acquired by United. During the third quarter of 2018, all post-closing adjustments were finalized for the United Exchange Transaction, resulting in an increase of $2.8 million in the settlement amount, which was included in accounts payable, trade in the consolidated condensed balance sheet as of September 30, 2018. The Company anticipates this balance will be paid to United during the fourth quarter of 2018.

Collectively, the CCR Exchange Transaction, the Memphis Transaction and the United Exchange Transaction are the “October 2017 Transactions,” the CCR Exchange Business, the Memphis Territory and the United Distribution Business are the “October 2017 Acquisitions” and the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business are the “October 2017 Divestitures.”

In addition to the October 2017 Transactions summarized above, the Company completed three additional System Transformation Transactions with CCR in 2017 for which all post-closing adjustments have been completed: (i) the acquisition from CCR of distribution rights and related assets for territories in Anderson, Fort Wayne, Lafayette, South Bend and Terre Haute, Indiana on January 27, 2017 (the “January 2017 Transaction”), (ii) the acquisition from CCR of distribution rights and related assets for territories in Indianapolis and Bloomington, Indiana and Columbus and Mansfield, Ohio and regional manufacturing facilities and related assets located in Indianapolis and Portland, Indiana on March 31, 2017 (the “March 2017 Transactions”), and (iii) the acquisition from CCR of distribution rights and related assets for territories in Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio and a regional manufacturing facility and related assets located in Twinsburg, Ohio on April 28, 2017 (the “April 2017 Transactions”).

Post-closing adjustments for the January 2017 Transaction and the March 2017 Transactions were completed during 2017 and post-closing adjustments for the April 2017 Transactions were completed during the second quarter of 2018. During the fourth quarter of 2017, the cash purchase price for the April 2017 Transactions decreased by $4.7 million as a result of net working capital and other fair value adjustments, which was paid to the Company by The Coca‑Cola Company during the second quarter of 2018.

The fair value of acquired assets and assumed liabilities of the System Transformation Transactions that closed during 2017 (the “2017 System Transformation Transactions”), as of the acquisition dates, is summarized as follows:

(in thousands)	January 2017 Transaction		March 2017 Transactions		April 2017 Transactions		October 2017 Acquisitions		Total 2017 System Transformation Transactions Acquisitions
Cash	$	107	$	211	$	103	$	191	$	612
Inventories		5,953		20,952		14,554		14,850		56,309
Prepaid expenses and other current assets		1,155		5,117		4,068		4,573		14,913
Accounts receivable from The Coca-Cola Company		1,042		1,807		2,552		1,447		6,848
Property, plant and equipment		25,708		81,638		52,263		71,589		231,198
Other assets (including deferred taxes)		1,158		3,227		3,960		1,300		9,645
Goodwill		1,544		2,527		16,941		11,442		32,454
Distribution agreements		22,000		46,750		19,500		129,450		217,700
Customer lists		1,500		1,750		1,000		4,950		9,200
Total acquired assets	$	60,167	$	163,979	$	114,941	$	239,792	$	578,879

Current liabilities (acquisition related contingent consideration)	$	1,350	$	2,958	$	1,475	$	1,501	$	7,284
Other current liabilities		324		3,760		2,860		8,311		15,255
Other liabilities (acquisition related contingent consideration)		26,377		49,739		25,616		20,676		122,408
Other liabilities		43		2,953		1,792		102		4,890
Total assumed liabilities	$	28,094	$	59,410	$	31,743	$	30,590	$	149,837

The fair value of acquired assets and assumed liabilities in the October 2017 Acquisitions as of the acquisition date is summarized as follows:

(in thousands)	CCR Exchange Business		Memphis Territory		United Exchange Business		Total October 2017 Acquisitions
Cash	$	91	$	100	$	-	$	191
Inventories		10,667		3,354		829		14,850
Prepaid expenses and other current assets		3,172		1,087		314		4,573
Accounts receivable from The Coca-Cola Company		674		563		210		1,447
Property, plant and equipment		47,484		21,321		2,784		71,589
Other assets (including deferred taxes)		753		547		-		1,300
Goodwill		3,546		5,199		2,697		11,442
Distribution agreements		80,100		35,400		13,950		129,450
Customer lists		3,200		1,200		550		4,950
Total acquired assets	$	149,687	$	68,771	$	21,334	$	239,792

Current liabilities (acquisition related contingent consideration)	$	-	$	1,501	$	-	$	1,501
Other current liabilities		3,497		4,323		491		8,311
Other liabilities (acquisition related contingent consideration)		-		20,676		-		20,676
Other liabilities		15		87		-		102
Total assumed liabilities	$	3,512	$	26,587	$	491	$	30,590

The goodwill for the 2017 System Transformation Transactions is included in the Nonalcoholic Beverages segment and is primarily attributed to operational synergies and the workforce acquired. Goodwill of $11.4 million, $3.5 million, $8.6 million and $2.7 million is expected to be deductible for tax purposes for the April 2017 Transactions, the CCR Exchange Business, the Memphis Territory and the United Exchange Business, respectively. No goodwill is expected to be deductible for tax purposes for the January 2017 Transaction or the March 2017 Transactions.

The carrying value of assets and liabilities divested in the October 2017 Divestitures is summarized as follows:

(in thousands)	October 2017 Divestitures
Cash	$	303
Inventories		13,717
Prepaid expenses and other current assets		1,199
Property, plant and equipment		44,380
Other assets (including deferred taxes)		604
Goodwill		13,073
Distribution agreements		65,043
Total divested assets	$	138,319

Other current liabilities	$	5,683
Pension and postretirement benefit obligation		16,855
Total divested liabilities	$	22,538

The October 2017 Divestitures were recorded in the Company’s Nonalcoholic Beverages segment prior to divestiture.

System Transformation Transactions Financial Results

The financial results of the System Transformation Transactions have been included in the Company’s consolidated condensed financial statements from their respective acquisition or exchange dates. Net sales and income from operations for certain territories and regional manufacturing facilities acquired and divested by the Company during 2017 are impracticable to separately calculate, as the operations were absorbed into territories and facilities owned by the Company prior to the System Transformation, and therefore have been omitted from the results below. Omission of net sales and income from operations for such territories and facilities is not considered material to the results presented below. The remaining 2017 System Transformation Transactions contributed the following amounts to the Company’s consolidated condensed statements of operations:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Impact to net sales - total 2017 System Transformation Transactions acquisitions	$	308,825	$	221,034	$	896,179	$	454,174
Impact to net sales - October 2017 Divestitures		-		79,032		-		231,301
Total impact to net sales	$	308,825	$	300,066	$	896,179	$	685,475

Impact to income from operations - total 2017 System Transformation Transactions acquisitions	$	11,874	$	3,176	$	14,635	$	13,595
Impact to income from operations - October 2017 Divestitures		-		7,689		-		22,973
Total impact to income from operations	$	11,874	$	10,865	$	14,635	$	36,568

The Company incurred transaction related expenses for the System Transformation Transactions of $5.6 million in the first three quarters of 2017, which were included within S,D&A expenses on the consolidated condensed statements of operations.

System Transformation Transactions Pro Forma Financial Information

The purpose of the pro forma disclosure is to present the net sales and the income from operations of the combined entity as though the 2017 System Transformation Transactions had occurred as of the beginning of 2017. The pro forma combined net sales and income from operations do not necessarily reflect what the combined Company’s net sales and income from operations would have been had the acquisitions occurred at the beginning of 2017. The pro forma financial information also may not be useful in predicting the future financial results of the combined company. The actual results may differ significantly from the pro forma amounts reflected herein due to a variety of factors.

The following table represents the Company’s unaudited pro forma net sales and unaudited pro forma income from operations for the 2017 System Transformation Transactions.

	Third Quarter 2017				First Three Quarters 2017
(in thousands)	Net Sales		Income from Operations		Net Sales		Income from Operations
Balance as reported	$	1,162,526	$	37,472	$	3,197,519	$	101,077
Pro forma adjustments (unaudited)		1,754		55		231,183		4,262
Balance including pro forma adjustments (unaudited)	$	1,164,280	$	37,527	$	3,428,702	$	105,339

The net sales pro forma and the income from operations pro forma reflect adjustments for (i) the inclusion of historic results of operations for the distribution territories and the regional manufacturing facilities acquired in the System Transformation Transactions for the period prior to the Company’s acquisition of the applicable territories or facility, for each period presented and (ii) the elimination of historic results of operations for the October 2017 Divestitures.

Inventories

9 Months Ended

Sep. 30, 2018

Inventory Disclosure [Abstract]

Inventories

4.Inventories

Inventories consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Finished products	$	156,669	$	116,354
Manufacturing materials		35,703		33,073
Plastic shells, plastic pallets and other inventories		37,520		34,191
Total inventories	$	229,892	$	183,618

Prepaid Expenses and Other Current Assets

9 Months Ended

Sep. 30, 2018

Prepaid Expense And Other Assets [Abstract]

Prepaid Expenses and Other Current Assets

5.Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Repair parts	$	29,535	$	30,530
Current portion of income taxes		22,896		35,930
Prepaid software		5,786		5,855
Prepayments for sponsorship contracts		5,644		6,358
Commodity hedges at fair market value		1,047		4,420
Other prepaid expenses and other current assets		26,606		17,553
Total prepaid expenses and other current assets	$	91,514	$	100,646

Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2018

Property Plant And Equipment [Abstract]

Property, Plant and Equipment, Net

6.Property, Plant and Equipment, Net

The principal categories and estimated useful lives of property, plant and equipment, net were as follows:

(in thousands)	September 30, 2018		December 31, 2017		Estimated Useful Lives
Land	$	78,478	$	78,825
Buildings		216,821		211,308	8-50 years
Machinery and equipment		320,447		315,117	5-20 years
Transportation equipment		373,426		351,479	4-20 years
Furniture and fixtures		92,000		89,559	3-10 years
Cold drink dispensing equipment		497,008		488,208	5-17 years
Leasehold and land improvements		130,257		125,348	5-20 years
Software for internal use		120,767		113,490	3-10 years
Construction in progress		13,524		25,490
Total property, plant and equipment, at cost		1,842,728		1,798,824
Less: Accumulated depreciation and amortization		844,611		767,436
Property, plant and equipment, net	$	998,117	$	1,031,388

Depreciation expense, which includes amortization expense for leased property under capital leases, was $123.5 million in the first three quarters of 2018 and $108.7 million in the first three quarters of 2017.

Goodwill

9 Months Ended

Sep. 30, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill

7.Goodwill

A reconciliation of the activity for goodwill for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - goodwill	$	169,316		$	144,586
System Transformation Transactions acquisitions		-			19,035
Measurement period adjustments⁽¹⁾		(3,413	)		1,807
Balance held for sale⁽²⁾		-			(12,727	)
Ending balance - goodwill	$	165,903		$	152,701

⁽¹⁾

Measurement period adjustments relate to post-closing adjustments made in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement for each System Transformation Transaction. See Note 3 to the consolidated condensed financial statements for additional information on the System Transformation Transactions.

⁽²⁾	Goodwill of $12.7 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

The Company’s goodwill resides entirely within the Nonalcoholic Beverages segment. The Company performs its annual impairment test of goodwill as of the first day of the fourth quarter of each fiscal year. During the first three quarters of 2018, the Company did not experience any triggering events or changes in circumstances indicating the carrying amounts of the Company’s goodwill exceeded fair values.

Distribution Agreements, Net

9 Months Ended

Sep. 30, 2018

Distribution Agreements [Member]

Other Identifiable Intangible Assets Net

8.Distribution Agreements, Net

Distribution agreements, net, which are amortized on a straight line basis and have an estimated useful life of 20 to 40 years, consisted of the following:

(in thousands)	September 30, 2018			December 31, 2017
Distribution agreements at cost	$	945,895		$	939,527
Less: Accumulated amortization		(44,064	)		(26,175	)
Distribution agreements, net	$	901,831		$	913,352

A reconciliation of the activity for distribution agreements, net for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - distribution agreements, net	$	913,352		$	234,988
Conversion to distribution rights from franchise rights⁽¹⁾		-			533,040
System Transformation Transactions acquisitions		-			36,800
Measurement period adjustment⁽²⁾		4,700			-
Other distribution agreements		1,668			44
Additional accumulated amortization		(17,889	)		(11,774	)
Balance held for sale⁽³⁾		-			(63,321	)
Ending balance - distribution agreements, net	$	901,831		$	729,777

⁽¹⁾

In connection with the closing of the March 2017 Transactions, the Company, The Coca-Cola Company and CCR entered into a comprehensive beverage agreement (as amended, the “CBA”) on March 31, 2017, and concurrently converted the Company’s franchise rights within the territories in which the Company distributed Coca‑Cola products prior to beginning the System Transformation to distribution agreements, net on the consolidated condensed financial statements. Prior to this conversion, the Company’s franchise rights resided entirely within the Nonalcoholic Beverages segment.

⁽²⁾

Measurement period adjustment relates to post-closing adjustments made in relation to the Memphis Transaction in accordance with the terms and conditions of the September 2017 APA. The adjustment to amortization expense associated with this measurement period adjustment was not material to the consolidated condensed financial statements. See Note 3 to the consolidated condensed financial statements for additional information on the System Transformation Transactions.

⁽³⁾

Distribution agreements, net of $63.3 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Customer Lists and Other Identifiable Intangible Assets, Net

9 Months Ended

Sep. 30, 2018

Customer Lists and Other Identifiable Intangible Assets [Member]

Other Identifiable Intangible Assets Net

9.Customer Lists and Other Identifiable Intangible Assets, Net

Customer lists and other identifiable intangible assets, net, which are amortized on a straight line basis and have an estimated useful life of 12 to 20 years, consisted of the following:

(in thousands)	September 30, 2018			December 31, 2017
Customer lists and other identifiable intangible assets at cost	$	25,288		$	25,288
Less: Accumulated amortization		(8,347	)		(6,968	)
Customer lists and other identifiable intangible assets, net	$	16,941		$	18,320

A reconciliation of the activity for customer lists and other identifiable intangible assets, net for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - customer lists and other identifiable intangible assets, net	$	18,320		$	10,427
System Transformation Transactions acquisitions		-			3,800
Additional accumulated amortization		(1,379	)		(965	)
Ending balance - customer lists and other identifiable intangible assets, net	$	16,941		$	13,262

Other Accrued Liabilities

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Other Accrued Liabilities

10.Other Accrued Liabilities

Other accrued liabilities consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Accrued insurance costs	$	39,299	$	35,433
Employee and retiree benefit plan accruals		25,950		27,024
Accrued marketing costs		25,875		33,376
Current portion of acquisition related contingent consideration		25,306		23,339
Checks and transfers yet to be presented for payment from zero balance cash accounts		11,900		37,262
Accrued taxes (other than income taxes)		5,811		6,391
Current deferred proceeds from Territory Conversion Fee⁽¹⁾		2,286		2,286
All other accrued expenses		17,182		20,419
Total other accrued liabilities	$	153,609	$	185,530

⁽¹⁾

Pursuant to a territory conversion agreement entered into by the Company, The Coca‑Cola Company and CCR in September 2015 (as amended), upon the conversion of the Company’s then-existing bottling agreements to the CBA on March 31, 2017, the Company received a one-time fee from CCR, which, after final adjustments made during the second quarter of 2017, totaled $91.5 million (the “Territory Conversion Fee”). The Territory Conversion Fee was recorded as a deferred liability and will be amortized as a reduction to cost of sales over a period of 40 years. The portion of the deferred liability that is expected to be amortized in the next twelve months was classified as current.

Debt

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Debt

11.Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity Date	Interest Rate	Interest Paid	Public / Non-public	September 30, 2018			December 31, 2017
Senior Notes⁽¹⁾	4/15/2019	7.00%	Semi-annually	Public	$	110,000		$	110,000
Term Loan Facility⁽¹⁾	6/7/2021	Variable	Varies	Non-public		292,500			300,000
Senior Notes	2/27/2023	3.28%	Semi-annually	Non-public		125,000			125,000
Revolving Credit Facility	6/8/2023	Variable	Varies	Non-public		170,000			207,000
Senior Notes	11/25/2025	3.80%	Semi-annually	Public		350,000			350,000
Senior Notes	3/21/2030	3.96%	Quarterly	Non-public		150,000			-
Unamortized discount on Senior Notes	4/15/2019					(143	)		(332	)
Unamortized discount on Senior Notes	11/25/2025					(63	)		(70	)
Debt issuance costs						(3,185	)		(3,580	)
Total debt						1,194,109			1,088,018
Less: Current portion of debt						-			-
Long-term debt					$	1,194,109		$	1,088,018

⁽¹⁾

Pursuant to the Company’s Term Loan Facility (as defined below) and the indenture under which the senior notes due in 2019 were issued, principal payments will be due in the next twelve months. The Company intends to refinance these amounts and has the capacity to do so under its Revolving Credit Facility (as defined below), which is classified as long-term debt. As such, any amounts due in the next twelve months were classified as non-current.

The Company had capital lease obligations of $37.3 million on September 30, 2018 and $43.5 million on December 31, 2017. The Company mitigates its financing risk by using multiple financial institutions and only entering into credit arrangements with institutions with investment grade credit ratings. The Company monitors counterparty credit ratings on an ongoing basis.

On June 8, 2018, the Company entered into a second amended and restated credit agreement for a five-year unsecured revolving credit facility (as amended, the “Revolving Credit Facility”), which amended and restated its prior credit agreement dated October 16, 2014. The Revolving Credit Facility has an aggregate maximum borrowing capacity of $500 million, which may be increased at the Company’s option to $750 million, subject to obtaining commitments from the lenders and satisfying other conditions specified in the credit agreement. Borrowings under the Revolving Credit Facility bear interest at a floating base rate or a floating Eurodollar rate plus an applicable margin, at the Company’s option, dependent on the Company’s credit ratings at the time of borrowing. At the Company’s current credit ratings, the Company must pay an annual facility fee of 0.15% of the lenders’ aggregate commitments under the Revolving Credit Facility. The Revolving Credit Facility has a scheduled maturity date of June 8, 2023.

On March 21, 2018, the Company sold $150 million aggregate principal amount of senior unsecured notes due 2030 to NYL Investors LLC (“NYL”) and certain of its affiliates pursuant to the Note Purchase and Private Shelf Agreement dated March 6, 2018 between the Company, NYL and the other parties thereto (as amended, the “NYL Shelf Facility”). These notes bear interest at 3.96%, payable quarterly in arrears on March 21, June 21, September 21 and December 21 of each year, and will mature on March 21, 2030, unless earlier redeemed by the Company.

In February 2017, the Company sold $125 million aggregate principal amount of senior unsecured notes due 2023 to PGIM, Inc. (“Prudential”) and certain of its affiliates pursuant to the Note Purchase and Private Shelf Agreement dated June 10, 2016 between the Company, Prudential and the other parties thereto (as amended, the “Prudential Shelf Facility”). These notes bear interest at 3.28%, payable semi-annually in arrears on February 27 and August 27 of each year, and will mature on February 27, 2023 unless earlier redeemed by the Company. The Company may request that Prudential consider the purchase of additional senior unsecured notes of the Company under the Prudential Shelf Facility in an aggregate principal amount of up to $175 million.

In June 2016, the Company entered into a five-year term loan agreement for a senior unsecured term loan facility (as amended, the “Term Loan Facility”) in the aggregate principal amount of $300 million, maturing June 7, 2021. The Company may request additional term loans under the agreement, provided the Company’s aggregate borrowings under the Term Loan Facility do not exceed $500 million. Borrowings under the Term Loan Facility bear interest at a floating base rate or a floating Eurodollar rate plus an applicable margin, at the Company’s option, dependent on the Company’s credit ratings.

During the third quarter of 2018, the Company amended each of the Revolving Credit Facility, the NYL Shelf Facility, the Prudential Shelf Facility and the Term Loan Facility to (i) align the calculation of the two financial covenants and certain events of default under each agreement and (ii) with regard to the Term Loan Facility, to revise the calculation of the rates at which borrowings bear interest to conform with the calculation of such rates under the Revolving Credit Facility.

The Revolving Credit Facility, the NYL Shelf Facility, the Prudential Shelf Facility and the Term Loan Facility include two financial covenants: a consolidated cash flow/fixed charges ratio and a consolidated funded indebtedness/cash flow ratio, each as defined in the respective agreements. The Company was in compliance with these covenants as of September 30, 2018. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources.

The indentures under which the Company’s public debt was issued do not include financial covenants but do limit the incurrence of certain liens and encumbrances as well as indebtedness by the Company’s subsidiaries in excess of certain amounts.

All outstanding long-term debt has been issued by the Company and none has been issued by any of its subsidiaries. There are no guarantees of the Company’s debt.

Derivative Financial Instruments

9 Months Ended

Sep. 30, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

12.Derivative Financial Instruments

The Company is subject to the risk of increased costs arising from adverse changes in certain commodity prices. In the normal course of business, the Company manages these risks through a variety of strategies, including the use of derivative instruments. The Company does not use derivative instruments for trading or speculative purposes. All derivative instruments are recorded at fair value as either assets or liabilities in the Company’s consolidated condensed balance sheets. These derivative instruments are not designated as hedging instruments under GAAP and are used as “economic hedges” to manage certain commodity price risk. Derivative instruments held are marked to market on a monthly basis and recognized in earnings consistent with the expense classification of the underlying hedged item. Settlements of derivative agreements are included in cash flows from operating activities on the Company’s consolidated condensed statements of cash flows.

The Company uses several different financial institutions for commodity derivative instruments to minimize the concentration of credit risk. While the Company would be exposed to credit loss in the event of nonperformance by these counterparties, the Company does not anticipate nonperformance by these parties.

The following table summarizes pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification of such changes in the consolidated condensed statements of operations.

		Third Quarter					First Three Quarters
(in thousands)	Classification of Gain (Loss)	2018			2017		2018			2017
Commodity hedges	Cost of sales	$	(260	)	$	2,042	$	(2,776	)	$	2,066
Commodity hedges	Selling, delivery and administrative expenses		(209	)		1,359		(363	)		475
Total gain (loss)		$	(469	)	$	3,401	$	(3,139	)	$	2,541

The following table summarizes the fair values and classification in the consolidated condensed balance sheets of derivative instruments held by the Company:

(in thousands)	Balance Sheet Classification	September 30, 2018		December 31, 2017
Assets:
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	1,047	$	4,420
Commodity hedges at fair market value	Other assets		234		-
Total assets		$	1,281	$	4,420

The Company has master agreements with the counterparties to its derivative financial agreements that provide for net settlement of derivative transactions. Accordingly, the net amounts of derivative assets are recognized in either prepaid expenses and other current assets or other assets in the Company’s consolidated condensed balance sheets and the net amounts of derivative liabilities are recognized in other accrued liabilities or other liabilities in the consolidated condensed balance sheets. The following table summarizes the Company’s gross derivative assets and gross derivative liabilities in the consolidated condensed balance sheets:

(in thousands)	September 30, 2018		December 31, 2017
Gross derivative assets	$	15,633	$	4,481
Gross derivative liabilities		14,352		61

The following table summarizes the Company’s outstanding commodity derivative agreements:

(in thousands)	September 30, 2018		December 31, 2017
Notional amount of outstanding commodity derivative agreements	$	143,282	$	59,564
Latest maturity date of outstanding commodity derivative agreements	December 2019		December 2018

Fair Values of Financial Instruments

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Fair Values of Financial Instruments

13.Fair Values of Financial Instruments

GAAP requires assets and liabilities carried at fair value to be classified and disclosed in one of the following categories:

•

Level 1: Quoted market prices in active markets for identical assets or liabilities.

•

Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.

•

Level 3: Unobservable inputs that are not corroborated by market data.

The following methods and assumptions were used by the Company in estimating the fair values of its financial instruments. There were no transfers of assets or liabilities between levels in any period presented.

Financial Instrument	Fair Value Level	Method and Assumptions
Deferred compensation plan assets and liabilities	Level 1	The fair value of the Company’s non-qualified deferred compensation plan for certain executives and other highly compensated employees is based on the fair values of associated assets and liabilities, which are held in mutual funds and are based on the quoted market value of the securities held within the mutual funds.
Commodity hedging agreements	Level 2	The fair values of the Company’s commodity hedging agreements are based on current settlement values at each balance sheet date. The fair values of the commodity hedging agreements at each balance sheet date represent the estimated amounts the Company would have received or paid upon termination of these agreements. The Company’s credit risk related to the derivative financial instruments is managed by requiring high standards for its counterparties and periodic settlements. The Company considers nonperformance risk in determining the fair value of derivative financial instruments.
Non-public variable rate debt	Level 2	The carrying amounts of the Company’s non-public variable rate debt approximate their fair values due to variable interest rates with short reset periods.
Non-public fixed rate debt	Level 2	The fair values of the Company’s non-public fixed rate debt are based on estimated current market prices.
Public debt securities	Level 2	The fair values of the Company’s public debt securities are based on estimated current market prices.
Acquisition related contingent consideration	Level 3	The fair values of acquisition related contingent consideration are based on internal forecasts and the weighted average cost of capital (“WACC”) derived from market data.

The following tables summarize, by assets and liabilities, the carrying amounts and fair values by level of the Company’s deferred compensation plan, commodity hedging agreements, debt and acquisition related contingent consideration:

	September 30, 2018
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	36,291	$	36,291	$	36,291	$	-	$	-
Commodity hedging agreements		1,281		1,281		-		1,281		-
Liabilities:
Deferred compensation plan liabilities		36,291		36,291		36,291		-		-
Non-public variable rate debt		462,031		462,500		-		462,500		-
Non-public fixed rate debt		274,697		256,200		-		256,200		-
Public debt securities		457,381		457,800		-		457,800		-
Acquisition related contingent consideration		363,836		363,836		-		-		363,836

	December 31, 2017
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	33,166	$	33,166	$	33,166	$	-	$	-
Commodity hedging agreements		4,420		4,420		-		4,420		-
Liabilities:
Deferred compensation plan liabilities		33,166		33,166		33,166		-		-
Non-public variable rate debt		506,398		507,000		-		507,000		-
Non-public fixed rate debt		124,829		126,400		-		126,400		-
Public debt securities		456,791		475,100		-		475,100		-
Acquisition related contingent consideration		381,291		381,291		-		-		381,291

Under the CBA, the Company is required to make quarterly sub-bottling payments to CCR on a continuing basis for the grant of exclusive rights to distribute, promote, market and sell specified covered beverages and beverage products in the distribution territories acquired in the System Transformation, excluding territories the Company acquired in an exchange transaction. This acquisition related contingent consideration is valued using a probability weighted discounted cash flow model based on internal forecasts and the WACC derived from market data, which are considered Level 3 inputs. Each reporting period, the Company adjusts its acquisition related contingent consideration liability related to the distribution territories to fair value by discounting future expected sub-bottling payments required under the CBA using the Company’s estimated WACC.

These future expected sub-bottling payments extend through the life of the related distribution assets acquired in each distribution territory, which is generally 40 years. As a result, the fair value of the acquisition related contingent consideration liability is impacted by the Company’s WACC, management’s estimate of the amounts that will be paid in the future under the CBA, and current sub-bottling payments (all Level 3 inputs). Changes in any of these Level 3 inputs, particularly the underlying risk-free interest rate used to estimate the Company’s WACC, could result in material changes to the fair value of the acquisition related contingent consideration and could materially impact the amount of noncash expense (or income) recorded each reporting period.

The acquisition related contingent consideration is the Company’s only Level 3 asset or liability. A reconciliation of the Level 3 activity is as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Beginning balance - Level 3 liability	$	374,537		$	319,102		$	381,291		$	253,437
Increase due to System Transformation Transactions acquisitions		-			-			-			46,086
Measurement period adjustments⁽¹⁾		(1,279	)		-			813			-
Payment of acquisition related contingent consideration		(7,049	)		(5,094	)		(18,312	)		(11,650	)
Reclassification to current payables		-			150			(1,540	)		(2,080	)
(Favorable)/unfavorable fair value adjustment		(2,373	)		(5,225	)		1,584			23,140
Ending balance - Level 3 liability	$	363,836		$	308,933		$	363,836		$	308,933

⁽¹⁾

Measurement period adjustments relate to post-closing adjustments made in relation to the April 2017 Transactions and the October 2017 Transactions in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement. See Note 3 to the consolidated condensed financial statements for additional information on the System Transformation Transactions.

The fair value adjustments to the acquisition related contingent consideration liability during the first three quarters of 2018 were primarily driven by changes to the risk-free interest rate and the projected future operating results of the distribution territories acquired as part of the System Transformation subject to sub-bottling fees, partially offset by cash payments. The fair value adjustments to the acquisition related contingent consideration liability during the first three quarters of 2017 were primarily driven by a change in the risk-free interest rate. These adjustments were recorded in other income (expense), net in the consolidated condensed statements of operations.

The anticipated amount the Company could pay annually under the acquisition related contingent consideration arrangements for the System Transformation Transactions is expected to be in the range of $25 million to $47 million.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Other Liabilities

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Other Liabilities

14.Other Liabilities

Other liabilities consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Non-current portion of acquisition related contingent consideration	$	338,530	$	357,952
Accruals for executive benefit plans		128,079		125,791
Non-current deferred proceeds from Territory Conversion Fee		85,734		87,449
Non-current deferred proceeds from Legacy Facilities Credit⁽¹⁾		30,568		29,881
Other		17,399		19,506
Total other liabilities	$	600,310	$	620,579

⁽¹⁾

In December 2017, The Coca‑Cola Company agreed to provide the Company a one-time fee, which, after final adjustments made during the third quarter of 2018, totaled $44.3 million (the “Legacy Facilities Credit”). The Legacy Facilities Credit compensated 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 the manufacturing facilities owned by Company prior to the System Transformation and sold to The Coca‑Cola Company and certain U.S. Coca‑Cola bottlers pursuant to new pricing mechanisms included in the regional manufacturing agreement entered into by the Company and The Coca‑Cola Company on March 31, 2017, as amended. The Company immediately recognized the portion of the Legacy Facilities Credit applicable to a regional manufacturing facility in Mobile, Alabama which the Company transferred to CCR as part of the CCR Exchange Transaction. The remaining balance of the Legacy Facilities Credit will be amortized as a reduction to cost of sales over a period of 40 years.

Commitments and Contingencies

9 Months Ended

Sep. 30, 2018

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

15.Commitments and Contingencies

Manufacturing Cooperatives

The Company is a shareholder of South Atlantic Canners, Inc. (“SAC”), a manufacturing cooperative in Bishopville, South Carolina. All of SAC’s shareholders are Coca‑Cola bottlers and each has equal voting rights. The Company accounts for SAC as an equity method investment. The Company receives a fee for managing the day-to-day operations of SAC pursuant to a management agreement. Proceeds from management fees received from SAC were $6.8 million in the first three quarters of 2018 and $6.9 million in the first three quarters of 2017.

The Company is obligated to purchase 17.5 million cases of finished product from SAC on an annual basis through June 2024. The Company purchased 22.2 million cases and 22.6 million cases of finished product from SAC in the first three quarters of 2018 and the first three quarters of 2017, respectively.

The Company is also a shareholder of Southeastern Container (“Southeastern”), a plastic bottle manufacturing cooperative from which the Company is obligated to purchase at least 80% of its requirements of plastic bottles for certain designated territories. The Company accounts for Southeastern as an equity method investment.

The following table summarizes the Company’s purchases from these manufacturing cooperatives:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Purchases from SAC	$	38,569	$	37,267	$	117,729	$	111,408
Purchases from Southeastern		32,379		29,344		92,613		80,301
Total purchases from manufacturing cooperatives	$	70,948	$	66,611	$	210,342	$	191,709

The Company guarantees a portion of SAC’s debt, which expires at various dates through 2021. The amounts guaranteed were $23.9 million as of both September 30, 2018 and December 31, 2017. The Company does not anticipate SAC will fail to fulfill its commitment related to the debt. The Company further believes SAC has sufficient assets, including production equipment, facilities and working capital, and the ability to adjust selling prices of its products to adequately mitigate the risk of material loss from the Company’s guarantee.

In the event SAC fails to fulfill its commitments under the related debt, the Company would be responsible for payments to the lenders up to the level of the guarantee. The following table summarizes the Company’s maximum exposure under this guarantee if SAC had borrowed up to its aggregate borrowing capacity:

(in thousands)	September 30, 2018
Maximum guaranteed debt	$	23,938
Equity investments⁽¹⁾		8,175
Maximum total exposure, including equity investments	$	32,113

⁽¹⁾

Recorded in other assets on the Company’s consolidated condensed balance sheets.

The Company holds no assets as collateral against the SAC guarantee, the fair value of which is immaterial to the Company’s consolidated condensed financial statements. The Company monitors its investments in SAC and would be required to write down its investment if an impairment was identified and the Company determined it to be other than temporary. No impairment of the Company’s investments in SAC was identified as of September 30, 2018, and there was no impairment identified in 2017.

Other Commitments and Contingencies

The Company has standby letters of credit, primarily related to its property and casualty insurance programs. These letters of credit totaled $35.6 million as of both September 30, 2018 and December 31, 2017.

The Company participates in long-term marketing contractual arrangements with certain prestige properties, athletic venues and other locations. As of September 30, 2018, the future payments related to these contractual arrangements, which expire at various dates through 2033, amounted to $160.0 million.

The Company is involved in various claims and legal proceedings which have arisen in the ordinary course of its business. Although it is difficult to predict the ultimate outcome of these claims and legal proceedings, management believes that the ultimate disposition of these matters will not have a material adverse effect on the financial condition, cash flows or results of operations of the Company. No material amount of loss in excess of recorded amounts is believed to be reasonably possible as a result of these claims and legal proceedings.

The Company is subject to audits by tax authorities in jurisdictions where it conducts business. These audits may result in assessments that are subsequently resolved with the authorities or potentially through the courts. Management believes the Company has adequately provided for any assessments likely to result from these audits; however, final assessments, if any, could be different than the amounts recorded in the consolidated condensed financial statements.

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	16.Income Taxes The Company’s effective income tax rate, as calculated by dividing income tax expense by income before income taxes, was 24.1% for the first three quarters of 2018 and 34.8% for the first three quarters of 2017. The decrease in the effective tax rate was primarily driven by the corporate rate reduction due to the Tax Act and its impact on prior estimates and lower income before income taxes, which was offset by an increase in certain non-deductible expenses. The Company’s effective income tax rate, as calculated by dividing income tax expense by income before income taxes minus net income attributable to noncontrolling interest, was 32.5% for the first three quarters of 2018 and 38.8% for the first three quarters of 2017. Shortly after the Tax Act was enacted, the SEC issued guidance under Staff Accounting Bulletin No. 118, Income Tax Accounting Implications of the Tax Cuts and Jobs Act (“SAB 118”) to address the application of GAAP and direct taxpayers to consider the impact of the Tax Act as “provisional” when a registrant does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete the accounting for the change in tax law. In accordance with SAB 118, the Company recognized a provisional tax benefit related to the re-measurement of its net deferred tax liability of $69.0 million as of December 31, 2017. During the third quarter of 2018, the Company recorded an additional provisional tax benefit of $1.9 million attributable to the re-measurement of its net deferred tax liability in connection with the filing of its 2017 federal income tax return. The ultimate impact may differ from the provisional amounts, possibly materially, due to, among other things, the significant complexity of the Tax Act, anticipated additional regulatory guidance or related interpretations that may be issued by the Internal Revenue Service (the “IRS”), changes in accounting standards, legislative actions, future actions by states within the U.S. and changes in estimates, analysis, interpretations and assumptions made by the Company. The Company had uncertain tax positions, including accrued interest, of $3.0 million on September 30, 2018 and $2.4 million on December 31, 2017, all of which would affect the Company’s effective tax rate if recognized. While it is expected the amount of uncertain tax positions may change in the next 12 months, the Company does not expect such change would have a significant impact on the consolidated condensed financial statements. Prior tax years beginning in year 2002 remain open to examination by the IRS, and various tax years beginning in year 1998 remain open to examination by certain state tax jurisdictions.

Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

17.Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) (“AOCI(L)”) is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of AOCI(L) for the third quarter of 2018 and the third quarter of 2017 is as follows:

(in thousands)	July 1, 2018			Pre-tax Activity			Tax Effect			September 30, 2018
Net pension activity:
Actuarial loss	$	(77,212	)	$	934		$	(231	)	$	(76,509	)
Prior service costs		(34	)		6			(2	)		(30	)
Net postretirement benefits activity:
Actuarial loss		(22,767	)		499			(123	)		(22,391	)
Prior service costs		1,048			(462	)		114			700
Recognized loss due to October 2017 Divestitures⁽¹⁾		6,220			-			-			6,220
Foreign currency translation adjustment		8			(2	)		1			7
Total	$	(92,737	)	$	975		$	(241	)	$	(92,003	)

⁽¹⁾

Recognized loss due to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business during the fourth quarter of 2017.

(in thousands)	July 2, 2017			Pre-tax Activity			Tax Effect			October 1, 2017
Net pension activity:
Actuarial loss	$	(71,402	)	$	807		$	(311	)	$	(70,906	)
Prior service costs		(52	)		7			(3	)		(48	)
Net postretirement benefits activity:
Actuarial loss		(23,315	)		648			(250	)		(22,917	)
Prior service costs		2,763			(745	)		287			2,305
Foreign currency translation adjustment		5			11			(4	)		12
Total	$	(92,001	)	$	728		$	(281	)	$	(91,554	)

A summary of AOCI(L) for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			September 30, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	2,800		$	(691	)	$	(76,509	)
Prior service costs		(43	)		18			(5	)		(30	)
Net postretirement benefits activity:
Actuarial loss		(23,519	)		1,497			(369	)		(22,391	)
Prior service costs		1,744			(1,386	)		342			700
Recognized loss due to October 2017 Divestitures⁽¹⁾		6,220			-			-			6,220
Foreign currency translation adjustment		14			(10	)		3			7
Total	$	(94,202	)	$	2,919		$	(720	)	$	(92,003	)

⁽¹⁾

Recognized loss due to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business during the fourth quarter of 2017.

(in thousands)	January 1, 2017			Pre-tax Activity			Tax Effect			October 1, 2017
Net pension activity:
Actuarial loss	$	(72,393	)	$	2,421		$	(934	)	$	(70,906	)
Prior service costs		(61	)		21			(8	)		(48	)
Net postretirement benefits activity:
Actuarial loss		(24,111	)		1,944			(750	)		(22,917	)
Prior service costs		3,679			(2,237	)		863			2,305
Foreign currency translation adjustment		(11	)		37			(14	)		12
Total	$	(92,897	)	$	2,186		$	(843	)	$	(91,554	)

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	Third Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	217	$	6	$	-		$	223
Selling, delivery and administrative expenses		723		31		(2	)		752
Subtotal pre-tax		940		37		(2	)		975
Income tax expense		233		9		(1	)		241
Total after tax effect	$	707	$	28	$	(1	)	$	734

	Third Quarter 2017
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment		Total
Cost of sales	$	171	$	(21	)	$	-	$	150
Selling, delivery and administrative expenses		643		(76	)		11		578
Subtotal pre-tax		814		(97	)		11		728
Income tax expense		314		(37	)		4		281
Total after tax effect	$	500	$	(60	)	$	7	$	447

	First Three Quarters 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	648	$	19	$	-		$	667
Selling, delivery and administrative expenses		2,170		92		(10	)		2,252
Subtotal pre-tax		2,818		111		(10	)		2,919
Income tax expense		696		27		(3	)		720
Total after tax effect	$	2,122	$	84	$	(7	)	$	2,199

	First Three Quarters 2017
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment		Total
Cost of sales	$	497	$	(64	)	$	-	$	433
Selling, delivery and administrative expenses		1,945		(230	)		37		1,752
Subtotal pre-tax		2,442		(294	)		37		2,185
Income tax expense		942		(114	)		14		842
Total after tax effect	$	1,500	$	(180	)	$	23	$	1,343

Capital Transactions

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Capital Transactions

18.Capital Transactions

During the first quarter of each year, the Compensation Committee of the Company’s Board of Directors (the “Committee”) determines whether any shares of the Company’s Class B Common Stock should be issued to J. Frank Harrison, III, in connection with his services for the prior year as Chairman of the Board of Directors and Chief Executive Officer of the Company, pursuant to a performance unit award agreement approved in 2008 (the “Performance Unit Award Agreement”). The Performance Unit Award Agreement expires at the end of 2018, with the final potential award to be issued in the first quarter of 2019 in connection with Mr. Harrison’s services during 2018.

As permitted under the terms of the Performance Unit Award Agreement, a number of shares were settled in cash in 2018 and 2017 to satisfy tax withholding obligations in connection with the vesting of the performance units. The remaining number of shares increased the total shares of Class B Common Stock outstanding. A summary of the awards issued in 2018 and 2017 is as follows:

	Fiscal Year
	2018		2017
Date of approval for award	March 6, 2018		March 7, 2017
Fiscal year of service covered by award	2017		2016
Shares settled in cash to satisfy tax withholding obligations		16,504		18,980
Increase in Class B Common Stock shares outstanding		20,296		21,020
Total Class B Common Stock awarded		36,800		40,000

Compensation expense for the awards issued pursuant to the Performance Unit Award Agreement, recognized on the closing share price of the last trading day prior to the end of the fiscal period, was as follows:

	First Three Quarters
(in thousands, except share price)	2018		2017
Total compensation expense	$	4,494	$	6,473
Share price for compensation expense	$	182.28	$	215.75
Share price date for compensation expense	September 28, 2018		September 29, 2017

During the second quarter of 2018, the Committee and the Company’s stockholders approved a long-term performance equity plan (the “Long-Term Performance Equity Plan”), which will compensate J. Frank Harrison, III based on the Company’s performance and will succeed the Performance Unit Award Agreement upon its expiration. Awards granted under the Long-Term Performance Equity Plan will be earned based on the Company’s attainment during a performance period of certain performance measures, each as specified by the Committee. These awards may be settled in cash and/or shares of Class B Common Stock, based on the average of the closing prices of shares of Common Stock during the last twenty trading days of the performance period. Compensation expense for the Long-Term Performance Equity Plan, which is included in S,D&A expenses on the consolidated condensed statements of operations, was $1.5 million for the first three quarters of 2018.

Pension and Postretirement Benefit Obligations

9 Months Ended

Sep. 30, 2018

Compensation And Retirement Disclosure [Abstract]

Pension and Postretirement Benefit Obligations

19.Pension and Postretirement Benefit Obligations

Pension Plans

There are two Company-sponsored pension plans. The primary Company-sponsored pension plan was frozen as of June 30, 2006 and no benefits accrued to participants after this date. The second Company-sponsored pension plan (the “Bargaining Plan”) is for certain employees under collective bargaining agreements. Benefits under the Bargaining Plan are determined in accordance with negotiated formulas for the respective participants. Contributions to the plans are based on actuarially determined amounts and are limited to the amounts currently deductible for income tax purposes.

The components of net periodic pension cost were as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Service cost	$	1,412		$	150		$	4,237		$	450
Interest cost		2,856			2,978			8,568			8,936
Expected return on plan assets		(3,853	)		(3,399	)		(11,557	)		(10,197	)
Recognized net actuarial loss		934			807			2,800			2,421
Amortization of prior service cost		6			7			18			21
Net periodic pension cost	$	1,355		$	543		$	4,066		$	1,631

The Company contributed $20.0 million to the two Company sponsored pension plans during the third quarter of 2018 and does not anticipate making additional contributions during the fourth quarter of 2018.

Postretirement Benefits

The Company provides postretirement benefits for a portion of its current employees. The Company recognizes the cost of postretirement benefits, which consist principally of medical benefits, during covered employees’ periods of active service. The Company does not pre-fund these benefits and has the right to modify or terminate certain of these benefits in the future.

The components of net periodic postretirement benefit cost were as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Service cost	$	502		$	572		$	1,507		$	1,716
Interest cost		696			910			2,088			2,732
Recognized net actuarial loss		499			648			1,497			1,944
Amortization of prior service cost		(462	)		(745	)		(1,386	)		(2,237	)
Net periodic postretirement benefit cost	$	1,235		$	1,385		$	3,706		$	4,155

Multi-Employer Benefits

Certain employees of the Company whose employment is covered under collective bargaining agreements participate in a multi-employer pension plan, the Employers-Teamsters Local Union Nos. 175 and 505 Pension Fund (the “Teamsters Plan”). The Company makes monthly contributions to the Teamsters Plan on behalf of such employees. The collective bargaining agreements covering the Teamsters Plan expire at various times by April 2020. The Company expects these agreements will be re-negotiated.

The risks of participating in the Teamsters Plan are different from single-employer plans as contributed assets are pooled and may be used to provide benefits to employees of other participating employers. If a participating employer stops contributing to the Teamsters Plan, the unfunded obligations of the Teamsters Plan may be borne by the remaining participating employers. If the Company chooses to stop participating in the Teamsters Plan, the Company could be required to pay the Teamsters Plan a withdrawal liability based on the underfunded status of the Teamsters Plan. The Company does not anticipate withdrawing from the Teamsters Plan.

In 2015, the Company increased its contribution rates to the Teamsters Plan, with additional increases occurring annually, as part of a rehabilitation plan, which was incorporated into the renewal of collective bargaining agreements with the unions effective April 28, 2014 and adopted by the Company as a rehabilitation plan effective January 1, 2015. This was a result of the Teamsters Plan being certified by its actuary as being in “critical” status for the plan year beginning January 1, 2013.

Related Party Transactions

9 Months Ended

Sep. 30, 2018

Related Party Transactions

20.Related Party Transactions

The Coca‑Cola Company

The Company’s business consists primarily of the production, marketing and distribution of nonalcoholic beverages of The Coca‑Cola Company, which is the sole owner of the formulas under which the primary components of its soft drink products, either concentrate or syrup, are manufactured.

As of September 30, 2018, The Coca‑Cola Company owned approximately 27% of the Company’s total outstanding Common Stock and Class B Common Stock on a consolidated basis, representing approximately 5% of the total voting power of the Company’s Common Stock and Class B Common Stock voting together. As long as The Coca‑Cola Company holds the number of shares of Common Stock it currently owns, it has the right to have a designee proposed by the Company for nomination to the Company’s Board of Directors, and J. Frank Harrison, III, the Chairman of the Board and Chief Executive Officer of the Company, and trustees of certain trusts established for the benefit of certain relatives of J. Frank Harrison, Jr. have agreed to vote the shares of the Company’s Class B Common Stock which they control, representing approximately 86% of the total voting power of the Company’s combined Common Stock and Class B Common Stock, in favor of such designee. The Coca‑Cola Company does not own any shares of the Company’s Class B Common Stock.

The following table and the subsequent descriptions summarize the significant transactions between the Company and The Coca‑Cola Company:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Payments made by the Company to The Coca-Cola Company for:
Concentrate, syrup, sweetener and other purchases	$	341,949	$	317,040	$	904,244	$	806,256
Customer marketing programs		34,005		27,855		110,062		102,095
Cold drink equipment parts		7,958		6,881		22,188		18,968
Glacéau distribution agreement consideration		-		-		-		15,598

Payments made by The Coca-Cola Company to the Company for:
Proceeds from Territory Conversion Fee	$	-	$	-	$	-	$	87,066
Marketing funding support payments		22,632		22,074		65,325		62,235
Fountain delivery and equipment repair fees		10,199		9,286		29,899		26,138
Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers		1,937		1,773		7,663		6,881
Presence marketing funding support on the Company’s behalf		1,108		2,707		6,203		3,844
Cold drink equipment		-		-		3,789		8,400

Coca‑Cola Refreshments USA, Inc.

The Company previously had a production arrangement with CCR to buy and sell finished products at cost and transported products for CCR to the Company’s and other Coca‑Cola bottlers’ locations. Following the completion of the October 2017 Transactions discussed in Note 3, the Company no longer transacts with CCR other than making quarterly sub-bottling payments, as discussed below. The following table summarizes purchases and sales under these arrangements between the Company and CCR prior to the closing of the October 2017 Transactions:

	2017
(in thousands)	Third Quarter		First Three Quarters
Purchases from CCR	$	20,157	$	110,451
Gross sales to CCR		11,873		72,930

Pursuant to the CBA, the Company is required to make quarterly sub-bottling payments to CCR on a continuing basis for the grant of exclusive rights to distribute, promote, market and sell the authorized brands of The Coca‑Cola Company and related products in the territories acquired in the System Transformation, excluding territories the Company acquired in an exchange transaction. These sub-bottling payments are based on gross profit derived from sales of certain beverages and beverage products that are sold under the same trademarks that identify a covered beverage, beverage product or certain cross-licensed brands. Sub-bottling payments to CCR were $18.3 million during the first three quarters of 2018 and $11.7 million during the first three quarters of 2017. The following table summarizes the liability recorded by the Company to reflect the estimated fair value of contingent consideration related to future sub‑bottling payments to CCR:

(in thousands)	September 30, 2018		December 31, 2017
Current portion of acquisition related contingent consideration	$	25,306	$	23,339
Non-current portion of acquisition related contingent consideration		338,530		357,952
Total acquisition related contingent consideration	$	363,836	$	381,291

Glacéau Distribution Termination Agreement

On January 1, 2017, the Company obtained the rights to market, promote, distribute and sell glacéau vitaminwater, glacéau smartwater and glacéau vitaminwater zero drops in certain geographic territories including the District of Columbia and portions of Delaware, Maryland and Virginia, pursuant to an agreement entered into by the Company, The Coca‑Cola Company and CCR in June 2016. Pursuant to the agreement, the Company made a payment of $15.6 million to The Coca‑Cola Company during the first quarter of 2017, which represented a portion of the total payment made by The Coca‑Cola Company to terminate a distribution arrangement with a prior distributor in this territory.

Coca‑Cola Bottlers’ Sales and Services Company, LLC (“CCBSS”)

Along with all other Coca‑Cola bottlers in the United States, the Company is a member of CCBSS, a company formed in 2003 for the purpose of facilitating various procurement functions and distributing certain specified beverage products of The Coca‑Cola Company with the intention of enhancing the efficiency and competitiveness of the Coca‑Cola bottling system in the United States.

CCBSS negotiates the procurement for the majority of the Company’s raw materials, excluding concentrate, and the Company receives a rebate from CCBSS for the purchase of these raw materials. The Company had rebates due from CCBSS of $13.9 million on September 30, 2018 and $11.2 million on December 31, 2017, which were classified as accounts receivable, other in the consolidated condensed balance sheets.

In addition, the Company pays an administrative fee to CCBSS for its services. The Company incurred administrative fees to CCBSS of $2.2 million in the first three quarters of 2018 and $2.0 million in the first three quarters of 2017, which were classified as S,D&A expenses in the consolidated condensed statements of operations.

National Product Supply Group (“NPSG”)

The Company is a member of the NPSG, an organization comprised of The Coca‑Cola Company and other Coca‑Cola bottlers who are regional producing bottlers (“RPBs”) in The Coca‑Cola Company’s national product supply system, pursuant to a national product supply governance agreement executed in October 2015 with The Coca‑Cola Company and other RPBs (the “NPSG Governance Agreement”). The stated objectives of the NPSG include, among others, (i) Coca‑Cola system strategic infrastructure investment and divestment planning; (ii) network optimization of all plant to distribution center sourcing; and (iii) new product/packaging infrastructure planning.

Under the NPSG Governance Agreement, the NPSG members established certain governance mechanisms, including a governing board (the “NPSG Board”) comprised of a representative of (i) the Company, (ii) The Coca‑Cola Company and (iii) each other RPB. As of September 30, 2018, the NPSG Board consisted of The Coca‑Cola Company, the Company and seven other RPBs. The NPSG Board makes and/or oversees and directs certain key decisions regarding the NPSG, including decisions regarding the management and staffing of the NPSG and the funding for its ongoing operations.

Pursuant to the decisions of the NPSG Board made from time to time and subject to the terms and conditions of the NPSG Governance Agreement, each RPB is required to make investments in its respective manufacturing assets and implement Coca‑Cola system strategic investment opportunities consistent with the NPSG Governance Agreement. The Company is also obligated to pay a certain portion of the costs of operating the NPSG. The Company incurred NPSG operating costs of $0.9 million in the first three quarters of 2018 and $0.8 million in the first three quarters of 2017, which were classified as S,D&A expense in the consolidated condensed statements of operations.

CONA Services LLC (“CONA”)

The Company is a member of CONA, an entity formed with The Coca‑Cola Company and certain other Coca‑Cola bottlers pursuant to a limited liability company agreement executed in January 2016 (as amended, the “CONA LLC Agreement”) to provide business process and information technology services to its members.

Under the CONA LLC Agreement, the business and affairs of CONA are managed by a board of directors comprised of representatives of its members (the “CONA Board”). All directors are entitled to one vote, regardless of the percentage interest in CONA held by each member. The Company currently has the right to designate one of the members of the CONA Board and has a percentage interest in CONA of approximately 20%. Most matters to be decided by the CONA Board require approval by a majority of a quorum of the directors, provided that the approval of 80% of the directors is required to, among other things, require members to make additional capital contributions, approve CONA’s annual operating and capital budgets, and approve capital expenditures in excess of certain agreed upon amounts. Each CONA member is required to make capital contributions to CONA if and when approved by the CONA Board.

The Company made capital contributions to CONA of $2.1 million in the first three quarters of 2018 and $2.0 million in the first three quarters of 2017, which were classified as other assets in the consolidated condensed balance sheets. No CONA member may transfer its membership interest (or any portion thereof) except to a purchaser of the member’s bottling business (or any portion thereof) and as permitted under the member’s comprehensive beverage agreement with The Coca‑Cola Company.

The CONA LLC Agreement further provides that, if CCR grants any major North American Coca‑Cola bottler other than a CONA member rights to (i) manufacture, produce and package or (ii) market, promote, distribute and sell Coca‑Cola products, CCR will require the bottler to become a CONA member, to implement the CONA System in the bottler’s operations and to enter into a master services agreement with CONA.

The Company is also party to an amended and restated master services agreement with CONA (the “CONA MSA”), pursuant to which CONA agreed to make available, and the Company became authorized to use, the Coke One North America system (the “CONA System”), a uniform information technology system developed to promote operational efficiency and uniformity among North American Coca‑Cola bottlers. As part of making the CONA System available, CONA provides the Company with certain business process and information technology services, including the planning, development, management and operation of the CONA System in connection with the Company’s direct store delivery and manufacture of products (collectively, the “CONA Services”).

The Company is also authorized under the CONA MSA to use the CONA System in connection with its distribution, promotion, marketing, sale and manufacture of beverages it is authorized to distribute or manufacture under the CBA, the Company’s regional manufacturing agreement or any other agreement with The Coca‑Cola Company, subject to the provisions of the CONA LLC Agreement and any licenses or other agreements relating to products or services provided by third parties and used in connection with the CONA System.

In exchange for the Company’s rights to use the CONA System and receive the CONA Services under the CONA MSA, it is charged service fees by CONA. Currently, the service fees are based on the number of physical cases of beverages the Company distributed or manufactured during the applicable period in the portion of its territories where the CONA Services have then been implemented.

Upon the earlier of (i) all members of CONA beginning to use the CONA System in all territories in which they distribute and manufacture Coca‑Cola products (excluding certain territories of CCR that are expected to be sold to bottlers that are neither members of CONA nor users of the CONA System), or (ii) December 31, 2018, the service fees will be changed to be an amount per physical case of beverages distributed or manufactured in any portion of the Company’s territories equal to the aggregate costs incurred by CONA to maintain and operate the CONA System and provide the CONA Services divided by the total number of cases distributed or manufactured by all of the members of CONA, subject to certain exceptions and provided that the aggregate costs related to CONA’s manufacturing functionality will be borne solely amongst the CONA members who have rights to manufacture beverages of The Coca‑Cola Company.

The Company is obligated to pay the service fees under the CONA MSA even if it is not using the CONA System for all or any portion of its distribution and manufacturing operations. The Company incurred CONA services fees of $15.5 million in the first three quarters of 2018 and $9.2 million in the first three quarters of 2017.

Related Party Leases

The Company leases its headquarters office facility and an adjacent office facility in Charlotte, North Carolina from Beacon Investment Corporation, of which J. Frank Harrison, III is the majority stockholder and Morgan H. Everett is a minority stockholder. The annual base rent the Company is obligated to pay under this lease agreement is subject to adjustment for increases in the Consumer Price Index and the lease expires on December 31, 2021.

The Company leases the Snyder Production Center and an adjacent sales facility in Charlotte, North Carolina from Harrison Limited Partnership One, which is directly and indirectly owned by trusts of which J. Frank Harrison, III, Chairman of the Board of Directors and Chief Executive Officer of the Company, and Sue Anne H. Wells, a director of the Company, are trustees and beneficiaries and of which Morgan H. Everett, Vice President and a director of the Company, is a permissible, discretionary beneficiary. The annual base rent the Company is obligated to pay under this lease agreement is subject to an adjustment for an inflation factor and the lease expires on December 31, 2020.

A summary of the principal balance outstanding under these related party capital leases is as follows:

(in thousands)	September 30, 2018		December 31, 2017
Company headquarters	$	10,597	$	12,771
Snyder Production Center		9,033		11,612

A summary of rental payments related to these capital leases is as follows:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Company headquarters	$	1,110	$	1,091	$	3,346	$	3,294
Snyder Production Center		1,049		1,018		3,147		3,055

Net Income Per Share

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Net Income Per Share

21.Net Income Per Share

The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method:

	Third Quarter				First Three Quarters
(in thousands, except per share data)	2018		2017		2018		2017
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	25,164	$	17,316	$	7,046	$	18,613
Less dividends:
Common Stock		1,787		1,785		5,357		5,356
Class B Common Stock		556		548		1,657		1,639
Total undistributed earnings	$	22,821	$	14,983	$	32	$	11,618

Common Stock undistributed earnings – basic	$	17,422	$	11,463		24	$	8,893
Class B Common Stock undistributed earnings – basic		5,399		3,520		8		2,725
Total undistributed earnings – basic	$	22,821	$	14,983	$	32	$	11,618

Common Stock undistributed earnings – diluted	$	17,327	$	11,414		24	$	8,855
Class B Common Stock undistributed earnings – diluted		5,494		3,569		8		2,763
Total undistributed earnings – diluted	$	22,821	$	14,983	$	32	$	11,618

Numerator for basic net income per Common Stock share:
Dividends on Common Stock	$	1,787	$	1,785	$	5,357	$	5,356
Common Stock undistributed earnings – basic		17,422		11,463		24		8,893
Numerator for basic net income per Common Stock share	$	19,209	$	13,248	$	5,381	$	14,249

Numerator for basic net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	556	$	548	$	1,657	$	1,639
Class B Common Stock undistributed earnings – basic		5,399		3,520		8		2,725
Numerator for basic net income per Class B Common Stock share	$	5,955	$	4,068	$	1,665	$	4,364

Numerator for diluted net income per Common Stock share:
Dividends on Common Stock	$	1,787	$	1,785	$	5,357	$	5,356
Dividends on Class B Common Stock assumed converted to Common Stock		556		548		1,657		1,639
Common Stock undistributed earnings – diluted		22,821		14,983		32		11,618
Numerator for diluted net income per Common Stock share	$	25,164	$	17,316	$	7,046	$	18,613

Numerator for diluted net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	556	$	548	$	1,657	$	1,639
Class B Common Stock undistributed earnings – diluted		5,494		3,569		8		2,763
Numerator for diluted net income per Class B Common Stock share	$	6,050	$	4,117	$	1,665	$	4,402

	Third Quarter				First Three Quarters
(in thousands, except per share data)	2018		2017		2018		2017
Denominator for basic net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141		7,141		7,141		7,141
Class B Common Stock weighted average shares outstanding – basic		2,213		2,193		2,208		2,188

Denominator for diluted net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,405		9,374		9,400		9,369
Class B Common Stock weighted average shares outstanding – diluted		2,264		2,233		2,259		2,228

Basic net income per share:
Common Stock	$	2.69	$	1.86	$	0.75	$	2.00
Class B Common Stock	$	2.69	$	1.86	$	0.75	$	2.00

Diluted net income per share:
Common Stock	$	2.69	$	1.85	$	0.75	$	1.99
Class B Common Stock	$	2.68	$	1.84	$	0.74	$	1.97

NOTES TO TABLE

(1)	For purposes of the diluted net income per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.

(2)	For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

(3)	The denominator for diluted net income per share for Common Stock and Class B Common Stock includes the dilutive effect of shares relative to the Performance Unit Award Agreement.

(4)	The Company does not have anti-dilutive shares.

Supplemental Disclosures of Cash Flow Information

9 Months Ended

Sep. 30, 2018

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information

22.Supplemental Disclosures of Cash Flow Information

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

	First Three Quarters
(in thousands)	2018			2017
Accounts receivable, trade, net	$	(34,899	)	$	(109,023	)
Accounts receivable from The Coca-Cola Company		(2,083	)		1,548
Accounts receivable, other		10,328			(8,308	)
Inventories		(46,274	)		(19,254	)
Prepaid expenses and other current assets		8,951			(281	)
Accounts payable, trade		3,749			67,058
Accounts payable to The Coca-Cola Company		(15,222	)		45,722
Other accrued liabilities		(33,712	)		7,924
Accrued compensation		(15,496	)		(10,062	)
Accrued interest payable		4,237			5,640
Change in current assets less current liabilities (exclusive of acquisitions)	$	(120,421	)	$	(19,036	)

Segments

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Segments

23.Segments

The Company evaluates segment reporting in accordance with the FASB Accounting Standards Codification 280, Segment Reporting, each reporting period, including evaluating the reporting package reviewed by the Chief Operation Decision Maker (“CODM”). The Company has concluded the Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, as a group, represent the CODM. In conjunction with the completion of the System Transformation Transactions in October 2017 and integration of acquired operations, management continues to assess whether changes are necessary to the Company’s reportable segments.

The Company believes four operating segments exist. Nonalcoholic Beverages represents the vast majority of the Company’s consolidated revenues, income from operations and assets. The additional three operating segments do not meet the quantitative thresholds for separate reporting, either individually or in the aggregate, and therefore have been combined into “All Other.”

The Company’s segment results are as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Net sales:
Nonalcoholic Beverages⁽¹⁾	$	1,180,212		$	1,142,238		$	3,427,492		$	3,139,974
All Other⁽¹⁾		93,493			81,439			273,490			220,734
Eliminations⁽²⁾		(62,044	)		(61,151	)		(189,985	)		(163,189	)
Consolidated net sales	$	1,211,661		$	1,162,526		$	3,510,997		$	3,197,519

Income from operations:
Nonalcoholic Beverages	$	39,361		$	33,867		$	32,705		$	90,254
All Other		5,043			3,605			12,381			10,823
Consolidated income from operations	$	44,404		$	37,472		$	45,086		$	101,077

Depreciation and amortization:
Nonalcoholic Beverages	$	44,050		$	41,151		$	133,095		$	114,166
All Other		2,539			2,095			7,401			6,127
Consolidated depreciation and amortization	$	46,589		$	43,246		$	140,496		$	120,293

⁽¹⁾

In order to correct an error in the prior year segment presentation, the Company revised net sales by $39.2 million for the third quarter of 2017 and $96.4 million for the first three quarters of 2017 to reflect sales in the Nonalcoholic Beverages segment which were previously attributed to All Other. Total net sales remain unchanged in prior periods and these revisions were not considered material to the prior periods presented.

⁽²⁾

The entire net sales elimination for each period presented represents net sales from All Other to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction.

Significant Accounting Policies and New Accounting Pronouncements (Policies)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Significant Accounting Policies

Recently Adopted Pronouncements

Recently Issued Pronouncements

Revenue Recognition

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Bottle/can sales:
Sparkling beverages (carbonated)	$	605,614	$	582,710	$	1,787,451	$	1,670,093
Still beverages (noncarbonated, including energy products)		413,282		384,495		1,142,764		1,009,508
Total bottle/can sales		1,018,896		967,205		2,930,215		2,679,601

Other sales:
Sales to other Coca-Cola bottlers		92,139		104,619		300,819		274,317
Post-mix and other		100,626		90,702		279,963		243,601
Total other sales		192,765		195,321		580,782		517,918

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

Revenues do not include sales or other taxes collected from customers.

The following table represents a disaggregation of revenue from contracts with customers:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Point in time net sales:
Nonalcoholic - point in time	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777
Total point in time net sales	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777

Over time net sales:
Nonalcoholic - over time	$	11,936	$	10,057	$	33,239	$	27,197
Other - over time		31,449		20,288		83,505		57,545
Total over time net sales	$	43,385	$	30,345	$	116,744	$	84,742

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2018

Revenue From Contract With Customer [Abstract]

Schedule of Net Sales By Category

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Bottle/can sales:
Sparkling beverages (carbonated)	$	605,614	$	582,710	$	1,787,451	$	1,670,093
Still beverages (noncarbonated, including energy products)		413,282		384,495		1,142,764		1,009,508
Total bottle/can sales		1,018,896		967,205		2,930,215		2,679,601

Other sales:
Sales to other Coca-Cola bottlers		92,139		104,619		300,819		274,317
Post-mix and other		100,626		90,702		279,963		243,601
Total other sales		192,765		195,321		580,782		517,918

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

Disaggregation of Revenue from Contracts with Customers

The following table represents a disaggregation of revenue from contracts with customers:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Point in time net sales:
Nonalcoholic - point in time	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777
Total point in time net sales	$	1,168,276	$	1,132,181	$	3,394,253	$	3,112,777

Over time net sales:
Nonalcoholic - over time	$	11,936	$	10,057	$	33,239	$	27,197
Other - over time		31,449		20,288		83,505		57,545
Total over time net sales	$	43,385	$	30,345	$	116,744	$	84,742

Total net sales	$	1,211,661	$	1,162,526	$	3,510,997	$	3,197,519

Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2018

Summary of Carrying Value of Assets and Liabilities of Divestitures

The carrying value of assets and liabilities divested in the October 2017 Divestitures is summarized as follows:

(in thousands)	October 2017 Divestitures
Cash	$	303
Inventories		13,717
Prepaid expenses and other current assets		1,199
Property, plant and equipment		44,380
Other assets (including deferred taxes)		604
Goodwill		13,073
Distribution agreements		65,043
Total divested assets	$	138,319

Other current liabilities	$	5,683
Pension and postretirement benefit obligation		16,855
Total divested liabilities	$	22,538

2017 Acquisition [Member]

Summary of Fair Values of Acquired Assets and Assumed Liabilities as of Acquisition Date

(in thousands)	January 2017 Transaction		March 2017 Transactions		April 2017 Transactions		October 2017 Acquisitions		Total 2017 System Transformation Transactions Acquisitions
Cash	$	107	$	211	$	103	$	191	$	612
Inventories		5,953		20,952		14,554		14,850		56,309
Prepaid expenses and other current assets		1,155		5,117		4,068		4,573		14,913
Accounts receivable from The Coca-Cola Company		1,042		1,807		2,552		1,447		6,848
Property, plant and equipment		25,708		81,638		52,263		71,589		231,198
Other assets (including deferred taxes)		1,158		3,227		3,960		1,300		9,645
Goodwill		1,544		2,527		16,941		11,442		32,454
Distribution agreements		22,000		46,750		19,500		129,450		217,700
Customer lists		1,500		1,750		1,000		4,950		9,200
Total acquired assets	$	60,167	$	163,979	$	114,941	$	239,792	$	578,879

Current liabilities (acquisition related contingent consideration)	$	1,350	$	2,958	$	1,475	$	1,501	$	7,284
Other current liabilities		324		3,760		2,860		8,311		15,255
Other liabilities (acquisition related contingent consideration)		26,377		49,739		25,616		20,676		122,408
Other liabilities		43		2,953		1,792		102		4,890
Total assumed liabilities	$	28,094	$	59,410	$	31,743	$	30,590	$	149,837

Schedule Of Condensed Consolidated Statement of Operations

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Impact to net sales - total 2017 System Transformation Transactions acquisitions	$	308,825	$	221,034	$	896,179	$	454,174
Impact to net sales - October 2017 Divestitures		-		79,032		-		231,301
Total impact to net sales	$	308,825	$	300,066	$	896,179	$	685,475

Impact to income from operations - total 2017 System Transformation Transactions acquisitions	$	11,874	$	3,176	$	14,635	$	13,595
Impact to income from operations - October 2017 Divestitures		-		7,689		-		22,973
Total impact to income from operations	$	11,874	$	10,865	$	14,635	$	36,568

Schedule of Unaudited Pro Forma Information

The following table represents the Company’s unaudited pro forma net sales and unaudited pro forma income from operations for the 2017 System Transformation Transactions.

	Third Quarter 2017				First Three Quarters 2017
(in thousands)	Net Sales		Income from Operations		Net Sales		Income from Operations
Balance as reported	$	1,162,526	$	37,472	$	3,197,519	$	101,077
Pro forma adjustments (unaudited)		1,754		55		231,183		4,262
Balance including pro forma adjustments (unaudited)	$	1,164,280	$	37,527	$	3,428,702	$	105,339

October 2017 Acquisitions [Member]

Summary of Fair Values of Acquired Assets and Assumed Liabilities as of Acquisition Date

The fair value of acquired assets and assumed liabilities in the October 2017 Acquisitions as of the acquisition date is summarized as follows:

(in thousands)	CCR Exchange Business		Memphis Territory		United Exchange Business		Total October 2017 Acquisitions
Cash	$	91	$	100	$	-	$	191
Inventories		10,667		3,354		829		14,850
Prepaid expenses and other current assets		3,172		1,087		314		4,573
Accounts receivable from The Coca-Cola Company		674		563		210		1,447
Property, plant and equipment		47,484		21,321		2,784		71,589
Other assets (including deferred taxes)		753		547		-		1,300
Goodwill		3,546		5,199		2,697		11,442
Distribution agreements		80,100		35,400		13,950		129,450
Customer lists		3,200		1,200		550		4,950
Total acquired assets	$	149,687	$	68,771	$	21,334	$	239,792

Current liabilities (acquisition related contingent consideration)	$	-	$	1,501	$	-	$	1,501
Other current liabilities		3,497		4,323		491		8,311
Other liabilities (acquisition related contingent consideration)		-		20,676		-		20,676
Other liabilities		15		87		-		102
Total assumed liabilities	$	3,512	$	26,587	$	491	$	30,590

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

Inventories (Tables)

9 Months Ended

Sep. 30, 2018

Inventory Disclosure [Abstract]

Summary of Inventories

Inventories consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Finished products	$	156,669	$	116,354
Manufacturing materials		35,703		33,073
Plastic shells, plastic pallets and other inventories		37,520		34,191
Total inventories	$	229,892	$	183,618

Prepaid Expenses and Other Current Assets (Tables)

9 Months Ended

Sep. 30, 2018

Prepaid Expense And Other Assets [Abstract]

Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Repair parts	$	29,535	$	30,530
Current portion of income taxes		22,896		35,930
Prepaid software		5,786		5,855
Prepayments for sponsorship contracts		5,644		6,358
Commodity hedges at fair market value		1,047		4,420
Other prepaid expenses and other current assets		26,606		17,553
Total prepaid expenses and other current assets	$	91,514	$	100,646

Property, Plant and Equipment, Net (Tables)

9 Months Ended

Sep. 30, 2018

Property Plant And Equipment [Abstract]

Principal Categories and Estimated Useful Lives of Property, Plant and Equipment, Net

The principal categories and estimated useful lives of property, plant and equipment, net were as follows:

(in thousands)	September 30, 2018		December 31, 2017		Estimated Useful Lives
Land	$	78,478	$	78,825
Buildings		216,821		211,308	8-50 years
Machinery and equipment		320,447		315,117	5-20 years
Transportation equipment		373,426		351,479	4-20 years
Furniture and fixtures		92,000		89,559	3-10 years
Cold drink dispensing equipment		497,008		488,208	5-17 years
Leasehold and land improvements		130,257		125,348	5-20 years
Software for internal use		120,767		113,490	3-10 years
Construction in progress		13,524		25,490
Total property, plant and equipment, at cost		1,842,728		1,798,824
Less: Accumulated depreciation and amortization		844,611		767,436
Property, plant and equipment, net	$	998,117	$	1,031,388

Goodwill (Tables)

9 Months Ended

Sep. 30, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Reconciliation of Activity for Goodwill

A reconciliation of the activity for goodwill for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - goodwill	$	169,316		$	144,586
System Transformation Transactions acquisitions		-			19,035
Measurement period adjustments⁽¹⁾		(3,413	)		1,807
Balance held for sale⁽²⁾		-			(12,727	)
Ending balance - goodwill	$	165,903		$	152,701

⁽¹⁾

⁽²⁾	Goodwill of $12.7 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Distribution Agreements, Net (Tables) - Distribution Agreements [Member]

9 Months Ended

Sep. 30, 2018

Other Identifiable Intangible Assets Net

Distribution agreements, net, which are amortized on a straight line basis and have an estimated useful life of 20 to 40 years, consisted of the following:

(in thousands)	September 30, 2018			December 31, 2017
Distribution agreements at cost	$	945,895		$	939,527
Less: Accumulated amortization		(44,064	)		(26,175	)
Distribution agreements, net	$	901,831		$	913,352

Reconciliation of Activity for Other Identifiable Intangible Assets Net

A reconciliation of the activity for distribution agreements, net for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - distribution agreements, net	$	913,352		$	234,988
Conversion to distribution rights from franchise rights⁽¹⁾		-			533,040
System Transformation Transactions acquisitions		-			36,800
Measurement period adjustment⁽²⁾		4,700			-
Other distribution agreements		1,668			44
Additional accumulated amortization		(17,889	)		(11,774	)
Balance held for sale⁽³⁾		-			(63,321	)
Ending balance - distribution agreements, net	$	901,831		$	729,777

⁽¹⁾

⁽²⁾

⁽³⁾

Distribution agreements, net of $63.3 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Customer Lists and Other Identifiable Intangible Assets, Net (Tables) - Customer Lists and Other Identifiable Intangible Assets [Member]

9 Months Ended

Sep. 30, 2018

Other Identifiable Intangible Assets Net

Customer lists and other identifiable intangible assets, net, which are amortized on a straight line basis and have an estimated useful life of 12 to 20 years, consisted of the following:

(in thousands)	September 30, 2018			December 31, 2017
Customer lists and other identifiable intangible assets at cost	$	25,288		$	25,288
Less: Accumulated amortization		(8,347	)		(6,968	)
Customer lists and other identifiable intangible assets, net	$	16,941		$	18,320

Reconciliation of Activity for Other Identifiable Intangible Assets Net

A reconciliation of the activity for customer lists and other identifiable intangible assets, net for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

	First Three Quarters
(in thousands)	2018			2017
Beginning balance - customer lists and other identifiable intangible assets, net	$	18,320		$	10,427
System Transformation Transactions acquisitions		-			3,800
Additional accumulated amortization		(1,379	)		(965	)
Ending balance - customer lists and other identifiable intangible assets, net	$	16,941		$	13,262

Other Accrued Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Summary of Other Accrued Liabilities

Other accrued liabilities consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Accrued insurance costs	$	39,299	$	35,433
Employee and retiree benefit plan accruals		25,950		27,024
Accrued marketing costs		25,875		33,376
Current portion of acquisition related contingent consideration		25,306		23,339
Checks and transfers yet to be presented for payment from zero balance cash accounts		11,900		37,262
Accrued taxes (other than income taxes)		5,811		6,391
Current deferred proceeds from Territory Conversion Fee⁽¹⁾		2,286		2,286
All other accrued expenses		17,182		20,419
Total other accrued liabilities	$	153,609	$	185,530

⁽¹⁾

Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity Date	Interest Rate	Interest Paid	Public / Non-public	September 30, 2018			December 31, 2017
Senior Notes⁽¹⁾	4/15/2019	7.00%	Semi-annually	Public	$	110,000		$	110,000
Term Loan Facility⁽¹⁾	6/7/2021	Variable	Varies	Non-public		292,500			300,000
Senior Notes	2/27/2023	3.28%	Semi-annually	Non-public		125,000			125,000
Revolving Credit Facility	6/8/2023	Variable	Varies	Non-public		170,000			207,000
Senior Notes	11/25/2025	3.80%	Semi-annually	Public		350,000			350,000
Senior Notes	3/21/2030	3.96%	Quarterly	Non-public		150,000			-
Unamortized discount on Senior Notes	4/15/2019					(143	)		(332	)
Unamortized discount on Senior Notes	11/25/2025					(63	)		(70	)
Debt issuance costs						(3,185	)		(3,580	)
Total debt						1,194,109			1,088,018
Less: Current portion of debt						-			-
Long-term debt					$	1,194,109		$	1,088,018

⁽¹⁾

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

		Third Quarter					First Three Quarters
(in thousands)	Classification of Gain (Loss)	2018			2017		2018			2017
Commodity hedges	Cost of sales	$	(260	)	$	2,042	$	(2,776	)	$	2,066
Commodity hedges	Selling, delivery and administrative expenses		(209	)		1,359		(363	)		475
Total gain (loss)		$	(469	)	$	3,401	$	(3,139	)	$	2,541

Summary of Fair Values and Classification in Consolidated Condensed Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated condensed balance sheets of derivative instruments held by the Company:

(in thousands)	Balance Sheet Classification	September 30, 2018		December 31, 2017
Assets:
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	1,047	$	4,420
Commodity hedges at fair market value	Other assets		234		-
Total assets		$	1,281	$	4,420

Summary of Gross Derivative Assets and Gross Derivative Liabilities in Consolidated Condensed Balance Sheets

The following table summarizes the Company’s gross derivative assets and gross derivative liabilities in the consolidated condensed balance sheets

(in thousands)	September 30, 2018		December 31, 2017
Gross derivative assets	$	15,633	$	4,481
Gross derivative liabilities		14,352		61

Summary of Outstanding Commodity Derivative Agreements

The following table summarizes the Company’s outstanding commodity derivative agreements:

(in thousands)	September 30, 2018		December 31, 2017
Notional amount of outstanding commodity derivative agreements	$	143,282	$	59,564
Latest maturity date of outstanding commodity derivative agreements	December 2019		December 2018

Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Deferred Compensation Plan Commodity Hedging Agreements and Acquisition Related Contingent Consideration

	September 30, 2018
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	36,291	$	36,291	$	36,291	$	-	$	-
Commodity hedging agreements		1,281		1,281		-		1,281		-
Liabilities:
Deferred compensation plan liabilities		36,291		36,291		36,291		-		-
Non-public variable rate debt		462,031		462,500		-		462,500		-
Non-public fixed rate debt		274,697		256,200		-		256,200		-
Public debt securities		457,381		457,800		-		457,800		-
Acquisition related contingent consideration		363,836		363,836		-		-		363,836

	December 31, 2017
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	33,166	$	33,166	$	33,166	$	-	$	-
Commodity hedging agreements		4,420		4,420		-		4,420		-
Liabilities:
Deferred compensation plan liabilities		33,166		33,166		33,166		-		-
Non-public variable rate debt		506,398		507,000		-		507,000		-
Non-public fixed rate debt		124,829		126,400		-		126,400		-
Public debt securities		456,791		475,100		-		475,100		-
Acquisition related contingent consideration		381,291		381,291		-		-		381,291

Summary of Reconciliation of Acquisition Related Contingent Consideration

The acquisition related contingent consideration is the Company’s only Level 3 asset or liability. A reconciliation of the Level 3 activity is as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Beginning balance - Level 3 liability	$	374,537		$	319,102		$	381,291		$	253,437
Increase due to System Transformation Transactions acquisitions		-			-			-			46,086
Measurement period adjustments⁽¹⁾		(1,279	)		-			813			-
Payment of acquisition related contingent consideration		(7,049	)		(5,094	)		(18,312	)		(11,650	)
Reclassification to current payables		-			150			(1,540	)		(2,080	)
(Favorable)/unfavorable fair value adjustment		(2,373	)		(5,225	)		1,584			23,140
Ending balance - Level 3 liability	$	363,836		$	308,933		$	363,836		$	308,933

⁽¹⁾

Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Payables And Accruals [Abstract]

Summary of Other Liabilities

Other liabilities consisted of the following:

(in thousands)	September 30, 2018		December 31, 2017
Non-current portion of acquisition related contingent consideration	$	338,530	$	357,952
Accruals for executive benefit plans		128,079		125,791
Non-current deferred proceeds from Territory Conversion Fee		85,734		87,449
Non-current deferred proceeds from Legacy Facilities Credit⁽¹⁾		30,568		29,881
Other		17,399		19,506
Total other liabilities	$	600,310	$	620,579

⁽¹⁾

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2018

Commitments And Contingencies Disclosure [Abstract]

Summary of Company's Purchases from Manufacturing Cooperatives

The following table summarizes the Company’s purchases from these manufacturing cooperatives:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Purchases from SAC	$	38,569	$	37,267	$	117,729	$	111,408
Purchases from Southeastern		32,379		29,344		92,613		80,301
Total purchases from manufacturing cooperatives	$	70,948	$	66,611	$	210,342	$	191,709

Summary of Guaranteed Debt and Maximum Exposure under Guarantees

The following table summarizes the Company’s maximum exposure under this guarantee if SAC had borrowed up to its aggregate borrowing capacity:

(in thousands)	September 30, 2018
Maximum guaranteed debt	$	23,938
Equity investments⁽¹⁾		8,175
Maximum total exposure, including equity investments	$	32,113

⁽¹⁾

Recorded in other assets on the Company’s consolidated condensed balance sheets.

Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Summary of Accumulated Other Comprehensive (Loss)

A summary of AOCI(L) for the third quarter of 2018 and the third quarter of 2017 is as follows:

(in thousands)	July 1, 2018			Pre-tax Activity			Tax Effect			September 30, 2018
Net pension activity:
Actuarial loss	$	(77,212	)	$	934		$	(231	)	$	(76,509	)
Prior service costs		(34	)		6			(2	)		(30	)
Net postretirement benefits activity:
Actuarial loss		(22,767	)		499			(123	)		(22,391	)
Prior service costs		1,048			(462	)		114			700
Recognized loss due to October 2017 Divestitures⁽¹⁾		6,220			-			-			6,220
Foreign currency translation adjustment		8			(2	)		1			7
Total	$	(92,737	)	$	975		$	(241	)	$	(92,003	)

⁽¹⁾

Recognized loss due to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business during the fourth quarter of 2017.

(in thousands)	July 2, 2017			Pre-tax Activity			Tax Effect			October 1, 2017
Net pension activity:
Actuarial loss	$	(71,402	)	$	807		$	(311	)	$	(70,906	)
Prior service costs		(52	)		7			(3	)		(48	)
Net postretirement benefits activity:
Actuarial loss		(23,315	)		648			(250	)		(22,917	)
Prior service costs		2,763			(745	)		287			2,305
Foreign currency translation adjustment		5			11			(4	)		12
Total	$	(92,001	)	$	728		$	(281	)	$	(91,554	)

A summary of AOCI(L) for the first three quarters of 2018 and the first three quarters of 2017 is as follows:

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			September 30, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	2,800		$	(691	)	$	(76,509	)
Prior service costs		(43	)		18			(5	)		(30	)
Net postretirement benefits activity:
Actuarial loss		(23,519	)		1,497			(369	)		(22,391	)
Prior service costs		1,744			(1,386	)		342			700
Recognized loss due to October 2017 Divestitures⁽¹⁾		6,220			-			-			6,220
Foreign currency translation adjustment		14			(10	)		3			7
Total	$	(94,202	)	$	2,919		$	(720	)	$	(92,003	)

⁽¹⁾

Recognized loss due to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business during the fourth quarter of 2017.

(in thousands)	January 1, 2017			Pre-tax Activity			Tax Effect			October 1, 2017
Net pension activity:
Actuarial loss	$	(72,393	)	$	2,421		$	(934	)	$	(70,906	)
Prior service costs		(61	)		21			(8	)		(48	)
Net postretirement benefits activity:
Actuarial loss		(24,111	)		1,944			(750	)		(22,917	)
Prior service costs		3,679			(2,237	)		863			2,305
Foreign currency translation adjustment		(11	)		37			(14	)		12
Total	$	(92,897	)	$	2,186		$	(843	)	$	(91,554	)

Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	Third Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	217	$	6	$	-		$	223
Selling, delivery and administrative expenses		723		31		(2	)		752
Subtotal pre-tax		940		37		(2	)		975
Income tax expense		233		9		(1	)		241
Total after tax effect	$	707	$	28	$	(1	)	$	734

	Third Quarter 2017
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment		Total
Cost of sales	$	171	$	(21	)	$	-	$	150
Selling, delivery and administrative expenses		643		(76	)		11		578
Subtotal pre-tax		814		(97	)		11		728
Income tax expense		314		(37	)		4		281
Total after tax effect	$	500	$	(60	)	$	7	$	447

	First Three Quarters 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment			Total
Cost of sales	$	648	$	19	$	-		$	667
Selling, delivery and administrative expenses		2,170		92		(10	)		2,252
Subtotal pre-tax		2,818		111		(10	)		2,919
Income tax expense		696		27		(3	)		720
Total after tax effect	$	2,122	$	84	$	(7	)	$	2,199

	First Three Quarters 2017
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment		Total
Cost of sales	$	497	$	(64	)	$	-	$	433
Selling, delivery and administrative expenses		1,945		(230	)		37		1,752
Subtotal pre-tax		2,442		(294	)		37		2,185
Income tax expense		942		(114	)		14		842
Total after tax effect	$	1,500	$	(180	)	$	23	$	1,343

Capital Transactions (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Summary of Awards

A summary of the awards issued in 2018 and 2017 is as follows:

	Fiscal Year
	2018		2017
Date of approval for award	March 6, 2018		March 7, 2017
Fiscal year of service covered by award	2017		2016
Shares settled in cash to satisfy tax withholding obligations		16,504		18,980
Increase in Class B Common Stock shares outstanding		20,296		21,020
Total Class B Common Stock awarded		36,800		40,000

Compensation Expense for the Awards Issued Pursuant to the Performance Unit Award Agreement

	First Three Quarters
(in thousands, except share price)	2018		2017
Total compensation expense	$	4,494	$	6,473
Share price for compensation expense	$	182.28	$	215.75
Share price date for compensation expense	September 28, 2018		September 29, 2017

Pension and Postretirement Benefit Obligations (Tables)

9 Months Ended

Sep. 30, 2018

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Service cost	$	1,412		$	150		$	4,237		$	450
Interest cost		2,856			2,978			8,568			8,936
Expected return on plan assets		(3,853	)		(3,399	)		(11,557	)		(10,197	)
Recognized net actuarial loss		934			807			2,800			2,421
Amortization of prior service cost		6			7			18			21
Net periodic pension cost	$	1,355		$	543		$	4,066		$	1,631

Components of Net Periodic Postretirement Benefit Cost

The components of net periodic postretirement benefit cost were as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Service cost	$	502		$	572		$	1,507		$	1,716
Interest cost		696			910			2,088			2,732
Recognized net actuarial loss		499			648			1,497			1,944
Amortization of prior service cost		(462	)		(745	)		(1,386	)		(2,237	)
Net periodic postretirement benefit cost	$	1,235		$	1,385		$	3,706		$	4,155

Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2018

Summary of Principal Balance Outstanding under Related Party Capital Leases

A summary of the principal balance outstanding under these related party capital leases is as follows:

(in thousands)	September 30, 2018		December 31, 2017
Company headquarters	$	10,597	$	12,771
Snyder Production Center		9,033		11,612

Summary of Rental Payments Related to Capital Leases

A summary of rental payments related to these capital leases is as follows:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Company headquarters	$	1,110	$	1,091	$	3,346	$	3,294
Snyder Production Center		1,049		1,018		3,147		3,055

The Coca-Cola Company [Member]

Summary of Significant Transactions between Company and The Coca-Cola Company

The following table and the subsequent descriptions summarize the significant transactions between the Company and The Coca‑Cola Company:

	Third Quarter				First Three Quarters
(in thousands)	2018		2017		2018		2017
Payments made by the Company to The Coca-Cola Company for:
Concentrate, syrup, sweetener and other purchases	$	341,949	$	317,040	$	904,244	$	806,256
Customer marketing programs		34,005		27,855		110,062		102,095
Cold drink equipment parts		7,958		6,881		22,188		18,968
Glacéau distribution agreement consideration		-		-		-		15,598

Payments made by The Coca-Cola Company to the Company for:
Proceeds from Territory Conversion Fee	$	-	$	-	$	-	$	87,066
Marketing funding support payments		22,632		22,074		65,325		62,235
Fountain delivery and equipment repair fees		10,199		9,286		29,899		26,138
Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers		1,937		1,773		7,663		6,881
Presence marketing funding support on the Company’s behalf		1,108		2,707		6,203		3,844
Cold drink equipment		-		-		3,789		8,400

CCR [Member]

Summary of Purchases and Sales Arrangements Between Related Parties

The following table summarizes purchases and sales under these arrangements between the Company and CCR prior to the closing of the October 2017 Transactions:

	2017
(in thousands)	Third Quarter		First Three Quarters
Purchases from CCR	$	20,157	$	110,451
Gross sales to CCR		11,873		72,930

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 sub‑bottling payments to CCR:

(in thousands)	September 30, 2018		December 31, 2017
Current portion of acquisition related contingent consideration	$	25,306	$	23,339
Non-current portion of acquisition related contingent consideration		338,530		357,952
Total acquisition related contingent consideration	$	363,836	$	381,291

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Computation of Basic Net Income Per Share and Diluted Net Income Per Share

The following table sets forth the computation of basic net income per share and diluted net income per share under the two-class method:

	Third Quarter				First Three Quarters
(in thousands, except per share data)	2018		2017		2018		2017
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$	25,164	$	17,316	$	7,046	$	18,613
Less dividends:
Common Stock		1,787		1,785		5,357		5,356
Class B Common Stock		556		548		1,657		1,639
Total undistributed earnings	$	22,821	$	14,983	$	32	$	11,618

Common Stock undistributed earnings – basic	$	17,422	$	11,463		24	$	8,893
Class B Common Stock undistributed earnings – basic		5,399		3,520		8		2,725
Total undistributed earnings – basic	$	22,821	$	14,983	$	32	$	11,618

Common Stock undistributed earnings – diluted	$	17,327	$	11,414		24	$	8,855
Class B Common Stock undistributed earnings – diluted		5,494		3,569		8		2,763
Total undistributed earnings – diluted	$	22,821	$	14,983	$	32	$	11,618

Numerator for basic net income per Common Stock share:
Dividends on Common Stock	$	1,787	$	1,785	$	5,357	$	5,356
Common Stock undistributed earnings – basic		17,422		11,463		24		8,893
Numerator for basic net income per Common Stock share	$	19,209	$	13,248	$	5,381	$	14,249

Numerator for basic net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	556	$	548	$	1,657	$	1,639
Class B Common Stock undistributed earnings – basic		5,399		3,520		8		2,725
Numerator for basic net income per Class B Common Stock share	$	5,955	$	4,068	$	1,665	$	4,364

Numerator for diluted net income per Common Stock share:
Dividends on Common Stock	$	1,787	$	1,785	$	5,357	$	5,356
Dividends on Class B Common Stock assumed converted to Common Stock		556		548		1,657		1,639
Common Stock undistributed earnings – diluted		22,821		14,983		32		11,618
Numerator for diluted net income per Common Stock share	$	25,164	$	17,316	$	7,046	$	18,613

Numerator for diluted net income per Class B Common Stock share:
Dividends on Class B Common Stock	$	556	$	548	$	1,657	$	1,639
Class B Common Stock undistributed earnings – diluted		5,494		3,569		8		2,763
Numerator for diluted net income per Class B Common Stock share	$	6,050	$	4,117	$	1,665	$	4,402

	Third Quarter				First Three Quarters
(in thousands, except per share data)	2018		2017		2018		2017
Denominator for basic net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141		7,141		7,141		7,141
Class B Common Stock weighted average shares outstanding – basic		2,213		2,193		2,208		2,188

Denominator for diluted net income per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,405		9,374		9,400		9,369
Class B Common Stock weighted average shares outstanding – diluted		2,264		2,233		2,259		2,228

Basic net income per share:
Common Stock	$	2.69	$	1.86	$	0.75	$	2.00
Class B Common Stock	$	2.69	$	1.86	$	0.75	$	2.00

Diluted net income per share:
Common Stock	$	2.69	$	1.85	$	0.75	$	1.99
Class B Common Stock	$	2.68	$	1.84	$	0.74	$	1.97

NOTES TO TABLE

(1)	For purposes of the diluted net income per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed earnings is allocated to Common Stock.

(2)	For purposes of the diluted net income per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

(3)	The denominator for diluted net income per share for Common Stock and Class B Common Stock includes the dilutive effect of shares relative to the Performance Unit Award Agreement.

(4)	The Company does not have anti-dilutive shares.

Supplemental Disclosures of Cash Flow Information (Tables)

9 Months Ended

Sep. 30, 2018

Supplemental Cash Flow Elements [Abstract]

Summary of Changes in Current Assets and Current Liabilities Affecting Cash Flows

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

	First Three Quarters
(in thousands)	2018			2017
Accounts receivable, trade, net	$	(34,899	)	$	(109,023	)
Accounts receivable from The Coca-Cola Company		(2,083	)		1,548
Accounts receivable, other		10,328			(8,308	)
Inventories		(46,274	)		(19,254	)
Prepaid expenses and other current assets		8,951			(281	)
Accounts payable, trade		3,749			67,058
Accounts payable to The Coca-Cola Company		(15,222	)		45,722
Other accrued liabilities		(33,712	)		7,924
Accrued compensation		(15,496	)		(10,062	)
Accrued interest payable		4,237			5,640
Change in current assets less current liabilities (exclusive of acquisitions)	$	(120,421	)	$	(19,036	)

Segments (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Summary of Financial Information by Segment

The Company’s segment results are as follows:

	Third Quarter						First Three Quarters
(in thousands)	2018			2017			2018			2017
Net sales:
Nonalcoholic Beverages⁽¹⁾	$	1,180,212		$	1,142,238		$	3,427,492		$	3,139,974
All Other⁽¹⁾		93,493			81,439			273,490			220,734
Eliminations⁽²⁾		(62,044	)		(61,151	)		(189,985	)		(163,189	)
Consolidated net sales	$	1,211,661		$	1,162,526		$	3,510,997		$	3,197,519

Income from operations:
Nonalcoholic Beverages	$	39,361		$	33,867		$	32,705		$	90,254
All Other		5,043			3,605			12,381			10,823
Consolidated income from operations	$	44,404		$	37,472		$	45,086		$	101,077

Depreciation and amortization:
Nonalcoholic Beverages	$	44,050		$	41,151		$	133,095		$	114,166
All Other		2,539			2,095			7,401			6,127
Consolidated depreciation and amortization	$	46,589		$	43,246		$	140,496		$	120,293

⁽¹⁾

⁽²⁾

Significant Accounting Policies and New Accounting Pronouncements - Additional Information (Detail) - ASU 2017-07 [Member] - Other Expense [Member] - Nonalcoholic Beverages [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Non-service Cost Components of Net Periodic Benefit Cost [Member]
Significant Accounting Policies And New Accounting Pronouncements [Line Items]
Net periodic benefit cost	$ 0.6		$ 2.0
Non-service Cost Components of Net Periodic Benefit Cost and Other Benefit Plan Charges [Member]
Significant Accounting Policies And New Accounting Pronouncements [Line Items]
Net periodic benefit cost		$ 1.3		$ 4.0

Revenue Recognition - Additional Information (Detail) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018 USD ($)	Sep. 30, 2018 Category	Oct. 01, 2017
Revenue From Contract With Customer [Line Items]
Description of payment from customers		within 30 days from the date of sale
Number of sales \| Category		2
Reserve for customer return \| $	$ 2.3
Point in Time Net Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage		97.00%	97.00%
Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage		83.00%	84.00%
Sparkling Beverage [Member] \| Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage		61.00%	62.00%
Post-Mix and Other [Member] \| Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales return estimated percentage		1.00%
Coke Bottle Can Sales Volume Product [Member] \| Product Concentration Risk [Member] \| Future Consumption [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage		66.00%

Revenue Recognition - Schedule of Net Sales By Category (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Revenue From Contract With Customer [Line Items]
Net sales	$ 1,211,661	$ 1,162,526	$ 3,510,997	$ 3,197,519
Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Net sales	1,018,896	967,205	2,930,215	2,679,601
Bottle/Can Sales [Member] \| Sparkling Beverages (Carbonated) [Member]
Revenue From Contract With Customer [Line Items]
Net sales	605,614	582,710	1,787,451	1,670,093
Bottle/Can Sales [Member] \| Still Beverages (Noncarbonated, Including Energy Products) [Member]
Revenue From Contract With Customer [Line Items]
Net sales	413,282	384,495	1,142,764	1,009,508
Other Sales [Member]
Revenue From Contract With Customer [Line Items]
Net sales	192,765	195,321	580,782	517,918
Other Sales [Member] \| Sales to Other Coca-Cola Bottlers [Member]
Revenue From Contract With Customer [Line Items]
Net sales	92,139	104,619	300,819	274,317
Other Sales [Member] \| Post-Mix and Other [Member]
Revenue From Contract With Customer [Line Items]
Net sales	$ 100,626	$ 90,702	$ 279,963	$ 243,601

Revenue Recognition - Disaggregation of Revenue from Contracts with Customers (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Disaggregation Of Revenue [Line Items]
Net sales	$ 1,211,661	$ 1,162,526	$ 3,510,997	$ 3,197,519
Point in Time Net Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,168,276	1,132,181	3,394,253	3,112,777
Point in Time Net Sales [Member] \| Nonalcoholic - Over Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,168,276	1,132,181	3,394,253	3,112,777
Over Time Net Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	43,385	30,345	116,744	84,742
Over Time Net Sales [Member] \| Nonalcoholic - Over Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	11,936	10,057	33,239	27,197
Over Time Net Sales [Member] \| Other - Over Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 31,449	$ 20,288	$ 83,505	$ 57,545

Acquisitions and Divestitures - Additional Information (Detail) - USD ($)		3 Months Ended		9 Months Ended
	Oct. 02, 2017	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2018	Oct. 01, 2017
Business Acquisition [Line Items]
Gain on exchange transactions		$ 10,170,000		$ 10,170,000
Final settlement amount				(1,811,000)	$ 227,769,000
Transaction related expenses incurred					$ 5,600,000
CCR Exchange Business [Member]
Business Acquisition [Line Items]
Effective date of business acquisition	Oct. 02, 2017
Cash purchase	$ 15,900,000
Final settlement amount		26,200,000
Increase (decrease) cash purchase price		10,300,000
Goodwill expected to be deductible for tax purposes		3,500,000		3,500,000
Memphis Territory [Member]
Business Acquisition [Line Items]
Effective date of business acquisition	Oct. 02, 2017
Cash purchase	$ 39,600,000
Increase (decrease) cash purchase price		2,600,000
Goodwill expected to be deductible for tax purposes		8,600,000		8,600,000
United Exchange Business [Member]
Business Acquisition [Line Items]
Effective date of business acquisition	Oct. 02, 2017
Cash purchase	$ 3,400,000
Increase (decrease) cash purchase price		2,800,000
Goodwill expected to be deductible for tax purposes		2,700,000		2,700,000
Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio and a regional manufacturing facility and related assets located in Twinsburg, Ohio
Business Acquisition [Line Items]
Goodwill expected to be deductible for tax purposes		11,400,000		11,400,000
Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio and a regional manufacturing facility and related assets located in Twinsburg, Ohio \| CCR [Member]
Business Acquisition [Line Items]
Increase (decrease) cash purchase price			$ (4,700,000)
January 2017 Transactions [Member]
Business Acquisition [Line Items]
Goodwill expected to be deductible for tax purposes		0		0
March 2017 Transactions [Member]
Business Acquisition [Line Items]
Goodwill expected to be deductible for tax purposes		$ 0		$ 0

Acquisitions and Divestitures - Summary of Fair Value of Acquired Assets and Assumed Liabilities of System Transformation Transactions that Closed during 2017, as of Acquisition Date (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Oct. 02, 2017	Oct. 01, 2017	Apr. 28, 2017	Mar. 31, 2017	Jan. 27, 2017	Jan. 01, 2017
Business Acquisition [Line Items]
Goodwill	$ 165,903	$ 169,316		$ 152,701				$ 144,586
Current liabilities (acquisition related contingent consideration)	25,306	23,339
Other liabilities (acquisition related contingent consideration)	$ 338,530	357,952
Anderson, Fort Wayne, Lafayette, South Bend and Terre Haute, Indiana Expansion Territories Acquisitions [Member]
Business Acquisition [Line Items]
Cash							$ 107
Inventories							5,953
Prepaid expenses and other current assets							1,155
Accounts receivable from The Coca-Cola Company							1,042
Property, plant and equipment							25,708
Other assets (including deferred taxes)							1,158
Goodwill							1,544
Total acquired assets							60,167
Current liabilities (acquisition related contingent consideration)							1,350
Other current liabilities							324
Other liabilities (acquisition related contingent consideration)							26,377
Other liabilities							43
Total assumed liabilities							28,094
Bloomington and Indianapolis, Indiana and Columbus and Mansfield, Ohio regional manufacturing facilities and Indianapolis and Portland, Indiana Expansion Facilities Acquisitions [Member]
Business Acquisition [Line Items]
Cash						$ 211
Inventories						20,952
Prepaid expenses and other current assets						5,117
Accounts receivable from The Coca-Cola Company						1,807
Property, plant and equipment						81,638
Other assets (including deferred taxes)						3,227
Goodwill						2,527
Total acquired assets						163,979
Current liabilities (acquisition related contingent consideration)						2,958
Other current liabilities						3,760
Other liabilities (acquisition related contingent consideration)						49,739
Other liabilities						2,953
Total assumed liabilities						59,410
Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio Distribution Territories and Twinsburg, Ohio Regional Manufacturing Facility Acquisition [Member]
Business Acquisition [Line Items]
Cash					$ 103
Inventories					14,554
Prepaid expenses and other current assets					4,068
Accounts receivable from The Coca-Cola Company					2,552
Property, plant and equipment					52,263
Other assets (including deferred taxes)					3,960
Goodwill					16,941
Total acquired assets					114,941
Current liabilities (acquisition related contingent consideration)					1,475
Other current liabilities					2,860
Other liabilities (acquisition related contingent consideration)					25,616
Other liabilities					1,792
Total assumed liabilities					31,743
October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Cash			$ 191
Inventories			14,850
Prepaid expenses and other current assets			4,573
Accounts receivable from The Coca-Cola Company			1,447
Property, plant and equipment			71,589
Other assets (including deferred taxes)			1,300
Goodwill			11,442
Total acquired assets			239,792
Current liabilities (acquisition related contingent consideration)			1,501
Other current liabilities			8,311
Other liabilities (acquisition related contingent consideration)			20,676
Other liabilities			102
Total assumed liabilities			30,590
2017 System Transformation Transactions Acquisitions [Member]
Business Acquisition [Line Items]
Cash		612
Inventories		56,309
Prepaid expenses and other current assets		14,913
Accounts receivable from The Coca-Cola Company		6,848
Property, plant and equipment		231,198
Other assets (including deferred taxes)		9,645
Goodwill		32,454
Total acquired assets		578,879
Current liabilities (acquisition related contingent consideration)		7,284
Other current liabilities		15,255
Other liabilities (acquisition related contingent consideration)		122,408
Other liabilities		4,890
Total assumed liabilities		149,837
Distribution Agreements [Member] \| Anderson, Fort Wayne, Lafayette, South Bend and Terre Haute, Indiana Expansion Territories Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets							22,000
Distribution Agreements [Member] \| Bloomington and Indianapolis, Indiana and Columbus and Mansfield, Ohio regional manufacturing facilities and Indianapolis and Portland, Indiana Expansion Facilities Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets						46,750
Distribution Agreements [Member] \| Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio Distribution Territories and Twinsburg, Ohio Regional Manufacturing Facility Acquisition [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets					19,500
Distribution Agreements [Member] \| October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			129,450
Distribution Agreements [Member] \| 2017 System Transformation Transactions Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets		217,700
Customer Lists [Member] \| Anderson, Fort Wayne, Lafayette, South Bend and Terre Haute, Indiana Expansion Territories Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets							$ 1,500
Customer Lists [Member] \| Bloomington and Indianapolis, Indiana and Columbus and Mansfield, Ohio regional manufacturing facilities and Indianapolis and Portland, Indiana Expansion Facilities Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets						$ 1,750
Customer Lists [Member] \| Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio Distribution Territories and Twinsburg, Ohio Regional Manufacturing Facility Acquisition [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets					$ 1,000
Customer Lists [Member] \| October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			$ 4,950
Customer Lists [Member] \| 2017 System Transformation Transactions Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets		$ 9,200

Acquisitions and Divestitures - Summary of Fair Value of Acquired Assets and Assumed Liabilities as of Acquisition Date (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Oct. 02, 2017	Oct. 01, 2017	Jan. 01, 2017
Business Acquisition [Line Items]
Goodwill	$ 165,903	$ 169,316		$ 152,701	$ 144,586
Current liabilities (acquisition related contingent consideration)	25,306	23,339
Other liabilities (acquisition related contingent consideration)	$ 338,530	$ 357,952
CCR Exchange Business [Member]
Business Acquisition [Line Items]
Cash			$ 91
Inventories			10,667
Prepaid expenses and other current assets			3,172
Accounts receivable from The Coca-Cola Company			674
Property, plant and equipment			47,484
Other assets (including deferred taxes)			753
Goodwill			3,546
Total acquired assets			149,687
Other current liabilities			3,497
Other liabilities			15
Total assumed liabilities			3,512
Memphis Territory [Member]
Business Acquisition [Line Items]
Cash			100
Inventories			3,354
Prepaid expenses and other current assets			1,087
Accounts receivable from The Coca-Cola Company			563
Property, plant and equipment			21,321
Other assets (including deferred taxes)			547
Goodwill			5,199
Total acquired assets			68,771
Current liabilities (acquisition related contingent consideration)			1,501
Other current liabilities			4,323
Other liabilities (acquisition related contingent consideration)			20,676
Other liabilities			87
Total assumed liabilities			26,587
United Exchange Business [Member]
Business Acquisition [Line Items]
Inventories			829
Prepaid expenses and other current assets			314
Accounts receivable from The Coca-Cola Company			210
Property, plant and equipment			2,784
Goodwill			2,697
Total acquired assets			21,334
Other current liabilities			491
Total assumed liabilities			491
October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Cash			191
Inventories			14,850
Prepaid expenses and other current assets			4,573
Accounts receivable from The Coca-Cola Company			1,447
Property, plant and equipment			71,589
Other assets (including deferred taxes)			1,300
Goodwill			11,442
Total acquired assets			239,792
Current liabilities (acquisition related contingent consideration)			1,501
Other current liabilities			8,311
Other liabilities (acquisition related contingent consideration)			20,676
Other liabilities			102
Total assumed liabilities			30,590
Distribution Agreements [Member] \| CCR Exchange Business [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			80,100
Distribution Agreements [Member] \| Memphis Territory [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			35,400
Distribution Agreements [Member] \| United Exchange Business [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			13,950
Distribution Agreements [Member] \| October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			129,450
Customer Lists [Member] \| CCR Exchange Business [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			3,200
Customer Lists [Member] \| Memphis Territory [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			1,200
Customer Lists [Member] \| United Exchange Business [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			550
Customer Lists [Member] \| October 2017 Acquisitions [Member]
Business Acquisition [Line Items]
Other identifiable intangible assets			$ 4,950

Acquisitions and Divestitures - Summary of Carrying Value of Assets and Liabilities of Divestitures (Detail) - October 2017 Divestitures [Member] $ in Thousands	Oct. 02, 2017 USD ($)
Business Acquisition [Line Items]
Cash	$ 303
Inventories	13,717
Prepaid expenses and other current assets	1,199
Property, plant and equipment	44,380
Other assets (including deferred taxes)	604
Goodwill	13,073
Distribution agreements	65,043
Total divested assets	138,319
Other current liabilities	5,683
Pension and postretirement benefit obligation	16,855
Total divested liabilities	$ 22,538

Acquisitions and Divestitures - Schedule of Condensed Consolidated Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Business Acquisition [Line Items]
Net sales	$ 1,211,661	$ 1,162,526	$ 3,510,997	$ 3,197,519
Income from operations	44,404	37,472	45,086	101,077
2017 System Transformation Transactions Acquisitions [Member]
Business Acquisition [Line Items]
Net sales	308,825	221,034	896,179	454,174
Income from operations	11,874	3,176	14,635	13,595
2017 System Transformation Transactions [Member]
Business Acquisition [Line Items]
Net sales	308,825	300,066	896,179	685,475
Income from operations	$ 11,874	10,865	$ 14,635	36,568
October 2017 Divestitures [Member]
Business Acquisition [Line Items]
Net sales		79,032		231,301
Income from operations		$ 7,689		$ 22,973

Acquisitions and Divestitures - Schedule of Unaudited Pro Forma Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Business Combinations [Abstract]
Net Sales, Balance as reported	$ 1,211,661	$ 1,162,526	$ 3,510,997	$ 3,197,519
Net Sales, Pro forma adjustments (unaudited)		1,754		231,183
Net Sales, Balance including pro forma adjustments (unaudited)		1,164,280		3,428,702
Income from Operations, Balance as reported	$ 44,404	37,472	$ 45,086	101,077
Income from Operations, Pro forma adjustments (unaudited)		55		4,262
Income from Operations, Balance including pro forma adjustments (unaudited)		$ 37,527		$ 105,339

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Finished products	$ 156,669	$ 116,354
Manufacturing materials	35,703	33,073
Plastic shells, plastic pallets and other inventories	37,520	34,191
Total inventories	$ 229,892	$ 183,618

Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Prepaid Expense And Other Assets [Abstract]
Repair parts	$ 29,535	$ 30,530
Current portion of income taxes	22,896	35,930
Prepaid software	5,786	5,855
Prepayments for sponsorship contracts	5,644	6,358
Commodity hedges at fair market value	1,047	4,420
Other prepaid expenses and other current assets	26,606	17,553
Total prepaid expenses and other current assets	$ 91,514	$ 100,646

Property, Plant and Equipment, Net - Principal Categories and Estimated Useful Lives of Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 1,842,728	$ 1,798,824
Less: Accumulated depreciation and amortization	844,611	767,436
Property, plant and equipment, net	998,117	1,031,388
Land [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	78,478	78,825
Buildings [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 216,821	211,308
Buildings [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	8 years
Buildings [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	50 years
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 320,447	315,117
Machinery and Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Machinery and Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Transportation Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 373,426	351,479
Transportation Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	4 years
Transportation Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Furniture and Fixtures [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 92,000	89,559
Furniture and Fixtures [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	3 years
Furniture and Fixtures [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Cold Drink Dispensing Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 497,008	488,208
Cold Drink Dispensing Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Cold Drink Dispensing Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	17 years
Leasehold and Land Improvements [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 130,257	125,348
Leasehold and Land Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Leasehold and Land Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Software for Internal Use [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 120,767	113,490
Software for Internal Use [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	3 years
Software for Internal Use [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 13,524	$ 25,490

Property, Plant and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Property Plant And Equipment [Abstract]
Depreciation expense including amortization expense	$ 123,542	$ 108,697

Goodwill - Schedule of Reconciliation of Activity for Goodwill (Detail) - USD ($)
$ in Thousands

9 Months Ended

Sep. 30, 2018

Oct. 01, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Beginning balance - goodwill

$ 169,316

$ 144,586

Goodwill, System Transformation Transactions acquisitions

19,035

Goodwill, Measurement period adjustments

^[1]

(3,413)

1,807

Goodwill, Balance held for sale

^[2]

(12,727)

Ending balance - goodwill

$ 165,903

$ 152,701

[1]	Measurement period adjustments relate to post-closing adjustments made in accordance with the terms and conditions of the applicable asset purchase agreement or asset exchange agreement for each System Transformation Transaction. See Note 3 to the consolidated condensed financial statements for additional information on the System Transformation Transactions.
[2]	Goodwill of $12.7 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Goodwill - Schedule of Reconciliation of Activity for Goodwill (Parenthetical) (Detail) $ in Millions	Oct. 01, 2017 USD ($)
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Goodwill Disclosure [Line Items]
Goodwill, attributable to held for sale	$ 12.7

Distribution Agreements, Net - Additional Information (Detail) - Distribution Agreements [Member]	9 Months Ended
	Sep. 30, 2018
Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Estimated useful life	20 years
Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Estimated useful life	40 years

Distribution Agreements, Net - Other Identifiable Intangible Assets Net (Detail) - Distribution Agreements [Member] - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Oct. 01, 2017	Jan. 01, 2017
Finite Lived Intangible Assets [Line Items]
Distribution agreements at cost	$ 945,895	$ 939,527
Less: Accumulated amortization	(44,064)	(26,175)
Total other identifiable intangible assets, net	$ 901,831	$ 913,352	$ 729,777	$ 234,988

Distribution Agreements, Net - Reconciliation of Activity for Other Identifiable Intangible Assets Net (Detail) - Distribution Agreements [Member] - USD ($)
$ in Thousands

9 Months Ended

Sep. 30, 2018

Oct. 01, 2017

Finite Lived Intangible Assets [Line Items]

Total Other Identifiable Intangible Assets, Beginning Balance

$ 913,352

$ 234,988

Conversion to distribution rights from franchise rights

^[1]

533,040

System Transformation Transactions acquisitions

36,800

Measurement period adjustment

^[2]

4,700

Other distribution agreements

1,668

Additional accumulated amortization

(17,889)

(11,774)

Balance held for sale

^[3]

(63,321)

Total Other Identifiable Intangible Assets, Ending Balance

$ 901,831

$ 729,777

[1]	In connection with the closing of the March 2017 Transactions, the Company, The Coca-Cola Company and CCR entered into a comprehensive beverage agreement (as amended, the “CBA”) on March 31, 2017, and concurrently converted the Company’s franchise rights within the territories in which the Company distributed CocaCola products prior to beginning the System Transformation to distribution agreements, net on the consolidated condensed financial statements. Prior to this conversion, the Company’s franchise rights resided entirely within the Nonalcoholic Beverages segment.
[2]	Measurement period adjustment relates to post-closing adjustments made in relation to the Memphis Transaction in accordance with the terms and conditions of the September 2017 APA. The adjustment to amortization expense associated with this measurement period adjustment was not material to the consolidated condensed financial statements. See Note 3 to the consolidated condensed financial statements for additional information on the System Transformation Transactions.
[3]	Distribution agreements, net of $63.3 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Distribution Agreements, Net - Reconciliation of Activity for Other Identifiable Intangible Assets Net (Parenthetical) (Detail) - Distribution Agreements [Member]
$ in Thousands

Oct. 01, 2017

USD ($)

Finite Lived Intangible Assets [Line Items]

Assets held for sale, distribution agreements net

$ 63,321

^[1]

Disposal Group, Held-for-sale, Not Discontinued Operations [Member]

Finite Lived Intangible Assets [Line Items]

Assets held for sale, distribution agreements net

$ 63,300

[1]	Distribution agreements, net of $63.3 million related to the October 2017 Divestitures was classified as held for sale as of October 1, 2017.

Customer Lists and Other Identifiable Intangible Assets, Net - Additional Information (Detail) - Customer Lists and Other Identifiable Intangible Assets [Member]	9 Months Ended
	Sep. 30, 2018
Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Estimated useful life	12 years
Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Estimated useful life	20 years

Customer Lists and Other Identifiable Intangible Assets, Net - Other Identifiable Intangible Assets (Detail) - Customer Lists and Other Identifiable Intangible Assets [Member] - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Oct. 01, 2017	Jan. 01, 2017
Finite Lived Intangible Assets [Line Items]
Other identifiable intangible assets, cost	$ 25,288	$ 25,288
Less: Accumulated amortization	(8,347)	(6,968)
Total other identifiable intangible assets, net	$ 16,941	$ 18,320	$ 13,262	$ 10,427

Customer Lists and Other Identifiable Intangible Assets, Net - Reconciliation of Activity for Other Identifiable Intangible Assets (Detail) - Customer Lists and Other Identifiable Intangible Assets [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Finite Lived Intangible Assets [Line Items]
Total Other Identifiable Intangible Assets, Beginning Balance	$ 18,320	$ 10,427
System Transformation Transactions acquisitions		3,800
Additional accumulated amortization	(1,379)	(965)
Total Other Identifiable Intangible Assets, Ending Balance	$ 16,941	$ 13,262

Other Accrued Liabilities - Summary of Other Accrued Liabilities (Detail) - USD ($)
$ in Thousands

Sep. 30, 2018

Dec. 31, 2017

Accounts Payable And Accrued Liabilities Current [Abstract]

Accrued insurance costs

$ 39,299

$ 35,433

Employee and retiree benefit plan accruals

25,950

27,024

Accrued marketing costs

25,875

33,376

Current portion of acquisition related contingent consideration

25,306

23,339

Checks and transfers yet to be presented for payment from zero balance cash accounts

11,900

37,262

Accrued taxes (other than income taxes)

5,811

6,391

Current deferred proceeds from Territory Conversion Fee

^[1]

2,286

All other accrued expenses

17,182

20,419

Total other accrued liabilities

$ 153,609

$ 185,530

[1]

Pursuant to a territory conversion agreement entered into by the Company, The CocaCola Company and CCR in September 2015 (as amended), upon the conversion of the Company’s then-existing bottling agreements to the CBA on March 31, 2017, the Company received a one-time fee from CCR, which, after final adjustments made during the second quarter of 2017, totaled $91.5 million (the “Territory Conversion Fee”). The Territory Conversion Fee was recorded as a deferred liability and will be amortized as a reduction to cost of sales over a period of 40 years. The portion of the deferred liability that is expected to be amortized in the next twelve months was classified as current.

Other Accrued Liabilities - Summary of Other Accrued Liabilities (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jul. 02, 2017	Sep. 30, 2018
Other Accrued Liablities [Line Items]
Amortization period as reduction to cost of sales		40 years
CCR [Member]
Other Accrued Liablities [Line Items]
One time fee received pursuant to territory conversion agreement	$ 91.5

Debt - Summary of Debt (Detail) - USD ($) $ in Thousands	9 Months Ended
Debt - Summary of Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Debt issuance costs	$ (3,185)	$ (3,580)
Total debt	1,194,109	1,088,018
Long-term debt	$ 1,194,109	1,088,018
Revolving Credit Facility [Member] \| Non-public [Member]
Debt Instrument [Line Items]
Maturity Date	Jun. 08, 2023
Line of credit	$ 170,000	207,000
Interest Rate, Term	Variable
Interest Paid	Varies
7.00% Senior Notes 4/15/2019 [Member] \| Public [Member]
Debt Instrument [Line Items]
Maturity Date	Apr. 15, 2019
Interest Rate	7.00%
Senior Notes	$ 110,000	110,000
Unamortized discount on Senior Notes	$ (143)	(332)
Interest Paid	Semi-annually
Term Loan Facility [Member]
Debt Instrument [Line Items]
Maturity Date	Jun. 07, 2021
Term Loan Facility [Member] \| Non-public [Member]
Debt Instrument [Line Items]
Maturity Date	Jun. 07, 2021
Term Loan Facility(1)	$ 292,500	300,000
Interest Rate, Term	Variable
Interest Paid	Varies
3.28% Senior Notes 2/27/2023 [Member] \| Non-public [Member]
Debt Instrument [Line Items]
Maturity Date	Feb. 27, 2023
Interest Rate	3.28%
Senior Notes	$ 125,000	125,000
Interest Paid	Semi-annually
3.80% Senior Notes 11/25/2025 [Member] \| Public [Member]
Debt Instrument [Line Items]
Maturity Date	Nov. 25, 2025
Interest Rate	3.80%
Senior Notes	$ 350,000	350,000
Unamortized discount on Senior Notes	$ (63)	$ (70)
Interest Paid	Semi-annually
3.96% Senior Notes 3/21/2030 [Member] \| Non-public [Member]
Debt Instrument [Line Items]
Maturity Date	Mar. 21, 2030
Interest Rate	3.96%
Senior Notes	$ 150,000
Interest Paid	Quarterly

Debt - Additional Information (Detail) - USD ($)	9 Months Ended
Debt - Additional Information (Detail) - USD ($)	Sep. 30, 2018	Jun. 08, 2018	Mar. 21, 2018	Dec. 31, 2017	Feb. 28, 2017	Jun. 07, 2016
Debt Instrument [Line Items]
Company's outstanding obligations for capital leases	$ 37,300,000			$ 43,500,000
Debt issued by subsidiaries	0
Guarantees of company debt	$ 0
Senior Unsecured Notes Due in 2030 [Member] \| NYL Investors LLC and Certain of Its Affiliates [Member]
Debt Instrument [Line Items]
Maturity date of debt instruments	Mar. 21, 2030
Senior notes, face amount			$ 150,000,000
Debt instrument, interest rate			3.96%
Debt instrument, frequency of periodic payment	quarterly
Senior Unsecured Notes Due in 2023 [Member] \| PGIM, Inc and Certain of Its Affiliates [Member]
Debt Instrument [Line Items]
Aggregate maximum borrowing capacity					$ 175,000,000
Maturity date of debt instruments	Feb. 27, 2023
Senior notes, face amount					$ 125,000,000
Debt instrument, interest rate					3.28%
Debt instrument, frequency of periodic payment	semi-annually
Term Loan Facility [Member]
Debt Instrument [Line Items]
Aggregate maximum borrowing capacity						$ 500,000,000
Maturity date of debt instruments	Jun. 07, 2021
Senior notes, face amount						$ 300,000,000
Period of unsecured term loan agreement	5 years
Revolving Credit Facility [Member] \| Second Amended and Restated Credit Agreement [Member]
Debt Instrument [Line Items]
Aggregate maximum borrowing capacity		$ 500,000,000
Period of unsecured revolving credit agreement	5 years
Line of credit facility maximum borrowing capacity increased amount subject to obtaining commitments		$ 750,000,000
Maturity date of debt instruments	Jun. 08, 2023
Annual facility fee, percentage	0.15%

Derivative Financial Instruments - Summary of Pre-Tax Changes in Fair Value (Detail) - Commodity Contract [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Total gain (loss)	$ (469)	$ 3,401	$ (3,139)	$ 2,541
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gain (loss)	(260)	2,042	(2,776)	2,066
Selling, Delivery and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gain (loss)	$ (209)	$ 1,359	$ (363)	$ 475

Derivative Financial Instruments - Summary of Fair Values and Classification in Consolidated Condensed Balance Sheets of Derivative Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Total assets	$ 1,281	$ 4,420
Commodity Contract [Member] \| Not Designated as Hedging Instruments [Member] \| Prepaid Expenses and Other Current Assets [Member]
Assets:
Total assets	1,047	$ 4,420
Commodity Contract [Member] \| Not Designated as Hedging Instruments [Member] \| Other Assets [Member]
Assets:
Total assets	$ 234

Derivative Financial Instruments - Summary of Gross Derivative Assets and Gross Derivative Liabilities in Consolidated Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Gross derivative assets	$ 15,633	$ 4,481
Gross derivative liabilities	$ 14,352	$ 61

Derivative Financial Instruments - Summary of Outstanding Commodity Derivative Agreements (Detail) - Commodity Hedging Agreements [Member] - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Notional amount of outstanding commodity derivative agreements	$ 143,282,000	$ 59,564,000
Latest maturity date of outstanding commodity derivative agreements	2019-12	2018-12

Fair Values of Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017	Dec. 31, 2017
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	$ 0	$ 0	$ 0	$ 0	$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0	0	0	0	0
Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount	0	0	0	0	0
Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount	0	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net	0	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Transfers, Net	$ 0	$ 0	0	$ 0	$ 0
Amount payable annually under acquisition related contingent consideration arrangements, value, low			25,000,000
Amount payable annually under acquisition related contingent consideration arrangements, value, high			$ 47,000,000
Distribution Agreements [Member] \| Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated useful life			40 years
Distribution Agreements [Member] \| Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated useful life			20 years

Fair Values of Financial Instruments - Deferred Compensation Plan Commodity Hedging Agreements and Acquisition Related Contingent Consideration (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Jul. 01, 2018	Dec. 31, 2017	Oct. 01, 2017	Jul. 02, 2017	Jan. 01, 2017
Assets:
Commodity hedging agreements	$ 1,281		$ 4,420
Fair Value Level 1 [Member]
Assets:
Deferred compensation plan assets	36,291		33,166
Liabilities:
Deferred compensation plan liabilities	36,291		33,166
Fair Value Level 2 [Member]
Liabilities:
Non-public variable rate debt	462,500		507,000
Non-public fixed rate debt	256,200		126,400
Public debt securities	457,800		475,100
Fair Value Level 2 [Member] \| Commodity Contract [Member]
Assets:
Commodity hedging agreements	1,281		4,420
Fair Value Level 3 [Member]
Liabilities:
Acquisition related contingent consideration	363,836	$ 374,537	381,291	$ 308,933	$ 319,102	$ 253,437
Carrying Amount [Member]
Assets:
Deferred compensation plan assets	36,291		33,166
Liabilities:
Deferred compensation plan liabilities	36,291		33,166
Non-public variable rate debt	462,031		506,398
Non-public fixed rate debt	274,697		124,829
Public debt securities	457,381		456,791
Acquisition related contingent consideration	363,836		381,291
Carrying Amount [Member] \| Commodity Contract [Member]
Assets:
Commodity hedging agreements	1,281		4,420
Total Fair Value [Member]
Assets:
Deferred compensation plan assets	36,291		33,166
Liabilities:
Deferred compensation plan liabilities	36,291		33,166
Acquisition related contingent consideration	363,836		381,291
Non-public variable rate debt	462,500		507,000
Non-public fixed rate debt	256,200		126,400
Public debt securities	457,800		475,100
Total Fair Value [Member] \| Commodity Contract [Member]
Assets:
Commodity hedging agreements	$ 1,281		$ 4,420

Fair Values of Financial Instruments - Summary of Reconciliation of Acquisition Related Contingent Consideration (Detail) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2018

Oct. 01, 2017

Sep. 30, 2018

Oct. 01, 2017

Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]

Payment of acquisition related contingent consideration

$ 18,312

$ 11,650

(Favorable)/unfavorable fair value adjustment

1,584

23,140

Level 3 [Member]

Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]

Beginning balance - Level 3 liability

$ 374,537

$ 319,102

381,291

253,437

Measurement period adjustments

^[1]

(1,279)

813

Payment of acquisition related contingent consideration

(7,049)

(5,094)

(18,312)

(11,650)

Reclassification to current payables

150

(1,540)

(2,080)

(Favorable)/unfavorable fair value adjustment

(2,373)

(5,225)

1,584

23,140

Ending balance - Level 3 liability

$ 363,836

$ 308,933

$ 363,836

308,933

Level 3 [Member] | System Transformation Transactions [Member]

Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]

Increase due to acquisitions

$ 46,086

[1]

Other Liabilities - Summary of Other Liabilities (Detail) - USD ($)
$ in Thousands

Sep. 30, 2018

Dec. 31, 2017

Other Liabilities Disclosure [Abstract]

Non-current portion of acquisition related contingent consideration

$ 338,530

$ 357,952

Accruals for executive benefit plans

128,079

125,791

Non-current deferred proceeds from Territory Conversion Fee

85,734

87,449

Non-current deferred proceeds from Legacy Facilities Credit

^[1]

30,568

29,881

Other

17,399

19,506

Total other liabilities

$ 600,310

$ 620,579

[1]

In December 2017, The CocaCola Company agreed to provide the Company a one-time fee, which, after final adjustments made during the third quarter of 2018, totaled $44.3 million (the “Legacy Facilities Credit”). The Legacy Facilities Credit compensated the Company for the net economic impact of changes made by The CocaCola Company to the authorized pricing on sales of covered beverages produced at the manufacturing facilities owned by Company prior to the System Transformation and sold to The CocaCola Company and certain U.S. CocaCola bottlers pursuant to new pricing mechanisms included in the regional manufacturing agreement entered into by the Company and The CocaCola Company on March 31, 2017, as amended. The Company immediately recognized the portion of the Legacy Facilities Credit applicable to a regional manufacturing facility in Mobile, Alabama which the Company transferred to CCR as part of the CCR Exchange Transaction. The remaining balance of the Legacy Facilities Credit will be amortized as a reduction to cost of sales over a period of 40 years.

Other Liabilities - Summary of Other Liabilities (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Other Liabilities Disclosure [Line Items]
Amortization period of Legacy facilities credit as reduction to cost of sales		40 years
Legacy Facilities Credit [Member]
Other Liabilities Disclosure [Line Items]
Amount of compensation paid	$ 44.3
CCR [Member] \| Legacy Facilities Credit [Member]
Other Liabilities Disclosure [Line Items]
Amortization period of Legacy facilities credit as reduction to cost of sales		40 years

Commitments and Contingencies - Additional Information (Detail)	9 Months Ended		12 Months Ended
	Sep. 30, 2018 USD ($) Product	Oct. 01, 2017 USD ($) Product	Dec. 31, 2017 USD ($)
Loss Contingencies [Line Items]
Letters of credit totaled	$ 35,600,000		$ 35,600,000
Long-term marketing contractual arrangements	160,000,000
SAC [Member]
Loss Contingencies [Line Items]
Proceeds from management fees received from SAC	$ 6,800,000	$ 6,900,000
Cases of finished product obligated to purchase on an annual basis \| Product	17,500,000
Purchased number of cases finished product from SAC \| Product	22,200,000	22,600,000
Debt guarantee for related party	$ 23,900,000		23,900,000
Guaranteed portion of SAC's and Southeastern's debt, collateral held	The Company holds no assets as collateral against the SAC guarantee
Impairment of investments	$ 0		$ 0
Southeastern [Member]
Loss Contingencies [Line Items]
Purchase requirements of plastic bottles	80.00%

Commitments and Contingencies - Summary of Company's Purchases from Manufacturing Cooperatives (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Loss Contingencies [Line Items]
Total purchases from manufacturing cooperatives	$ 70,948	$ 66,611	$ 210,342	$ 191,709
SAC [Member]
Loss Contingencies [Line Items]
Total purchases from manufacturing cooperatives	38,569	37,267	117,729	111,408
Southeastern [Member]
Loss Contingencies [Line Items]
Total purchases from manufacturing cooperatives	$ 32,379	$ 29,344	$ 92,613	$ 80,301

Commitments and Contingencies - Summary of Maximum Exposure under Guarantee (Detail) - SAC [Member]
$ in Thousands

Sep. 30, 2018

USD ($)

Loss Contingencies [Line Items]

Maximum guaranteed debt

$ 23,938

Equity investments

8,175

^[1]

Maximum total exposure, including equity investments

$ 32,113

[1]	Recorded in other assets on the Company’s consolidated condensed balance sheets.

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Oct. 01, 2017	Dec. 31, 2017
Income Tax [Line Items]
Effective income tax rate		24.10%	34.80%
Effective income tax rate with noncontrolling interest		32.50%	38.80%
Provisional tax benefit related to re-measurement of net deferred tax liability	$ 1,900,000			$ 69,000,000
Uncertain tax positions	3,000,000	$ 3,000,000		2,400,000
Uncertain tax positions that would affect tax rate	3,000,000	3,000,000		$ 2,400,000
Change in uncertain tax positions, expected material impact on consolidated condensed financial statements	$ 0	$ 0
Earliest Tax Year [Member] \| Internal Revenue Service (IRS) [Member]
Income Tax [Line Items]
Tax year open for examination		2002
Earliest Tax Year [Member] \| State and Local Jurisdiction [Member]
Income Tax [Line Items]
Tax year open for examination		1998

Accumulated Other Comprehensive Income (Loss) - Summary of Accumulated Other Comprehensive (Loss) (Detail) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2018

Oct. 01, 2017

Sep. 30, 2018

Oct. 01, 2017

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

$ 458,907

$ 363,024

Pre-tax Activity

$ 975

$ 728

2,919

2,186

Tax Effect

(241)

(281)

(720)

(843)

Ending Balance

468,563

383,116

468,563

383,116

Foreign Currency Translation Adjustment [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

(11)

Pre-tax Activity

(2)

(10)

Tax Effect

(4)

(14)

Ending Balance

Accumulated Other Comprehensive Loss [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

(92,737)

(92,001)

(94,202)

(92,897)

Ending Balance

(92,003)

(91,554)

(92,003)

(91,554)

Net Pension Activity [Member] | Actuarial Loss [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

(77,212)

(71,402)

(78,618)

(72,393)

Pre-tax Activity

934

807

2,800

2,421

Tax Effect

(231)

(311)

(691)

(934)

Ending Balance

(76,509)

(70,906)

(76,509)

(70,906)

Net Pension Activity [Member] | Prior Service Costs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

(34)

(52)

(43)

(61)

Pre-tax Activity

Tax Effect

(2)

(3)

(5)

(8)

Ending Balance

(30)

(48)

(30)

(48)

Net Postretirement Benefits Activity [Member] | October 2017 Divestitures [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

^[1]

6,220

Ending Balance

^[1]

6,220

Net Postretirement Benefits Activity [Member] | Actuarial Loss [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

(22,767)

(23,315)

(23,519)

(24,111)

Pre-tax Activity

499

648

1,497

1,944

Tax Effect

(123)

(250)

(369)

(750)

Ending Balance

(22,391)

(22,917)

(22,391)

(22,917)

Net Postretirement Benefits Activity [Member] | Prior Service Costs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Beginning Balance

1,048

2,763

1,744

3,679

Pre-tax Activity

(462)

(745)

(1,386)

(2,237)

Tax Effect

114

287

342

863

Ending Balance

$ 700

$ 2,305

$ 700

$ 2,305

[1]	Recognized loss due to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business during the fourth quarter of 2017.

Accumulated Other Comprehensive Income (Loss) - Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 791,317	$ 752,202	$ 2,313,728	$ 2,039,996
Selling, delivery and administrative expenses	375,940	372,852	1,152,183	1,056,446
Subtotal pre-tax	(43,443)	(30,659)	(14,027)	(33,875)
Income tax expense	16,493	11,748	3,387	11,800
Total after tax effect	(25,164)	(17,316)	(7,046)	(18,613)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	223	150	667	433
Selling, delivery and administrative expenses	752	578	2,252	1,752
Subtotal pre-tax	975	728	2,919	2,185
Income tax expense	241	281	720	842
Total after tax effect	734	447	2,199	1,343
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Foreign Currency Translation Adjustment [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Selling, delivery and administrative expenses	(2)	11	(10)	37
Subtotal pre-tax	(2)	11	(10)	37
Income tax expense	(1)	4	(3)	14
Total after tax effect	(1)	7	(7)	23
Net Pension Activity [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	217	171	648	497
Selling, delivery and administrative expenses	723	643	2,170	1,945
Subtotal pre-tax	940	814	2,818	2,442
Income tax expense	233	314	696	942
Total after tax effect	707	500	2,122	1,500
Net Postretirement Benefits Activity [Member] \| Reclassification out of Accumulated Other Comprehensive Income [Member] \| Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	6	(21)	19	(64)
Selling, delivery and administrative expenses	31	(76)	92	(230)
Subtotal pre-tax	37	(97)	111	(294)
Income tax expense	9	(37)	27	(114)
Total after tax effect	$ 28	$ (60)	$ 84	$ (180)

Capital Transactions - Summary of the Awards Each Year (Detail) - Class B Common Stock [Member] - shares	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Schedule of Capitalization, Equity [Line Items]
Date of approval for award	Mar. 06, 2018	Mar. 07, 2017
Fiscal year of service covered by award	2017	2016
Shares settled in cash to satisfy tax withholding obligations	16,504	18,980
Increase in Class B Common Stock shares outstanding	20,296	21,020
Total Class B Common Stock awarded	36,800	40,000

Capital Transactions - Summary of Compensation Expense for the Awards Issued Pursuant to the Performance Unit Award Agreement (Detail) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Statement Of Stockholders Equity [Abstract]
Total compensation expense	$ 4,494	$ 6,473
Share price for compensation expense	$ 182.28	$ 215.75
Share price date for compensation expense	Sep. 28, 2018	Sep. 29, 2017

Capital Transactions - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Capital Transactions [Line Items]
Share based compensation	$ 4,494	$ 6,473
Long-Term Performance Equity Plan [Member]
Capital Transactions [Line Items]
Award settled in cash or shares, average closing prices of shares during trading days of performance period	20 days
Long-Term Performance Equity Plan [Member] \| Selling, Delivery and Administrative Expenses [Member]
Capital Transactions [Line Items]
Share based compensation	$ 1,500

Pension and Postretirement Benefit Obligations - Additional Information (Detail)	3 Months Ended	9 Months Ended
	Sep. 30, 2018 USD ($) Benefit_Plan	Sep. 30, 2018 Benefit_Plan	Dec. 30, 2018 USD ($)
Rehabilitation Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Multi-employer pension plan Rehabilitation Plan adoption effective date		Jan. 01, 2015
Collective bargaining agreement, effective date		Apr. 28, 2014
Employer-Teamsters and Pension Trust Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Multi-employer plans collective bargaining remainder of arrangements, expiration date		Apr. 30, 2020
Net Pension Activity [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of company-sponsored pension plans \| Benefit_Plan	2	2
Entity contribution to pension plans during the period	$ 20,000,000
Net Pension Activity [Member] \| Scenario Forecast [Member]
Defined Benefit Plan Disclosure [Line Items]
Benefit pension plan, contributions			$ 0

Pension and Postretirement Benefit Obligations - Components of Net Periodic Pension Cost (Detail) - Pension Plans [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1,412	$ 150	$ 4,237	$ 450
Interest cost	2,856	2,978	8,568	8,936
Expected return on plan assets	(3,853)	(3,399)	(11,557)	(10,197)
Recognized net actuarial loss	934	807	2,800	2,421
Amortization of prior service cost	6	7	18	21
Net periodic benefit cost	$ 1,355	$ 543	$ 4,066	$ 1,631

Pension and Postretirement Benefit Obligations - Components of Net Periodic Postretirement Benefit Cost (Detail) - Net Postretirement Benefits Activity [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 502	$ 572	$ 1,507	$ 1,716
Interest cost	696	910	2,088	2,732
Recognized net actuarial loss	499	648	1,497	1,944
Amortization of prior service cost	(462)	(745)	(1,386)	(2,237)
Net periodic benefit cost	$ 1,235	$ 1,385	$ 3,706	$ 4,155

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Apr. 02, 2017	Sep. 30, 2018	Oct. 01, 2017	Dec. 31, 2017
Related Party Transaction [Line Items]
Payment of acquisition related contingent consideration		$ 18,312	$ 11,650
Payment to The Coca-Cola Company			15,598
Accounts receivable from The Coca-Cola Company		62,541		$ 65,996
Capital contribution in CONA Services LLC		$ 2,098	1,976
Glaceau Distribution Termination Agreement [Member]
Related Party Transaction [Line Items]
Payment to The Coca-Cola Company	$ 15,600
The Coca-Cola Company [Member]
Related Party Transaction [Line Items]
Percentage of interest held in outstanding common stock by The Coca-Cola Company		27.00%
Voting power of stock held by related party		5.00%
Payment to The Coca-Cola Company			15,598
Harrison Family [Member]
Related Party Transaction [Line Items]
Voting power of stock held by related party		86.00%
CCR [Member] \| Comprehensive Beverage Agreement [Member]
Related Party Transaction [Line Items]
Payment of acquisition related contingent consideration		$ 18,300	11,700
CCBSS [Member]
Related Party Transaction [Line Items]
Accounts receivable from The Coca-Cola Company		13,900		$ 11,200
Administrative fees due to CCBSS		2,200	2,000
NPSG [Member]
Related Party Transaction [Line Items]
Operating costs		$ 900	800
CONA [Member]
Related Party Transaction [Line Items]
Percentage interest in subsidiary		20.00%
Percentage required for approval of decision		80.00%
Capital contribution in CONA Services LLC		$ 2,100	2,000
Service fees		$ 15,500	$ 9,200
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Lease expiration date		Dec. 31, 2021
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Lease expiration date		Dec. 31, 2020

Related Party Transactions - Summary of Significant Transactions between Company and The Coca-Cola Company (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Related Party Transaction [Line Items]
Glacéau distribution agreement consideration				$ 15,598
Cold drink equipment			$ 3,789	8,400
The Coca-Cola Company [Member]
Related Party Transaction [Line Items]
Concentrate, syrup, sweetener and other purchases	$ 341,949	$ 317,040	904,244	806,256
Customer marketing programs	34,005	27,855	110,062	102,095
Cold drink equipment parts	7,958	6,881	22,188	18,968
Glacéau distribution agreement consideration				15,598
Proceeds from Territory Conversion Fee				87,066
Marketing funding support payments	22,632	22,074	65,325	62,235
Fountain delivery and equipment repair fees	10,199	9,286	29,899	26,138
Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers	1,937	1,773	7,663	6,881
Presence marketing funding support on the Company’s behalf	$ 1,108	$ 2,707	6,203	3,844
Cold drink equipment			$ 3,789	$ 8,400

Related Party Transactions - Summarizes Purchases and Sales Arrangements between the Company and CCR (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Related Party Transaction [Line Items]
Purchases from	$ 70,948	$ 66,611	$ 210,342	$ 191,709
CCR [Member] \| Production Agreement [Member]
Related Party Transaction [Line Items]
Purchases from		20,157		110,451
Gross sales to		$ 11,873		$ 72,930

Related Party Transactions - Summary of Liability to Estimated Fair Value of Contingent Consideration (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Current portion of acquisition related contingent consideration	$ 25,306	$ 23,339
Non-current portion of acquisition related contingent consideration	338,530	357,952
CCR [Member] \| Comprehensive Beverage Agreement [Member]
Related Party Transaction [Line Items]
Current portion of acquisition related contingent consideration	25,306	23,339
Non-current portion of acquisition related contingent consideration	338,530	357,952
Total acquisition related contingent consideration	$ 363,836	$ 381,291

Related Party Transactions - Summary of Principal Balance Outstanding under Related Party Capital Leases (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Principal balance outstanding under capital lease	$ 37,300	$ 43,500
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Principal balance outstanding under capital lease	10,597	12,771
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Principal balance outstanding under capital lease	$ 9,033	$ 11,612

Related Party Transactions - Summary of Rental Payments Related to Capital Leases (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Rental payments related to capital leases	$ 1,110	$ 1,091	$ 3,346	$ 3,294
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Rental payments related to capital leases	$ 1,049	$ 1,018	$ 3,147	$ 3,055

Net Income Per Share - Computation of Basic Net Income Per Share and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Numerator for basic and diluted net income per Common Stock and Class B Common Stock share:
Net income attributable to Coca-Cola Bottling Co. Consolidated	$ 25,164	$ 17,316	$ 7,046	$ 18,613
Less dividends:
Dividends on Common Stock	1,787	1,785	5,357	5,356
Total undistributed earnings – basic	22,821	14,983	32	11,618
Total undistributed earnings – diluted	22,821	14,983	32	11,618
Numerator for basic net income per Common Stock share:
Numerator for basic net income per Common Stock share	19,209	13,248	5,381	14,249
Numerator for diluted net income per Common Stock share:
Numerator for diluted net income per Common Stock share	$ 25,164	$ 17,316	$ 7,046	$ 18,613
Denominator for diluted net income per Common share:
Weighted average number of Common Stock shares outstanding	7,141	7,141	7,141	7,141
Denominator for diluted net income per Common share:
Weighted average number of Common Stock shares outstanding – assuming dilution	9,405	9,374	9,400	9,369
Basic net income per share:
Common Stock	$ 2.69	$ 1.86	$ 0.75	$ 2.00
Diluted net income per share:
Common Stock	$ 2.69	$ 1.85	$ 0.75	$ 1.99
Common Stock [Member]
Less dividends:
Total undistributed earnings – basic	$ 17,422	$ 11,463	$ 24	$ 8,893
Total undistributed earnings – diluted	17,327	11,414	24	8,855
Class B Common Stock [Member]
Less dividends:
Dividends on Common Stock	556	548	1,657	1,639
Total undistributed earnings – basic	5,399	3,520	8	2,725
Total undistributed earnings – diluted	5,494	3,569	8	2,763
Numerator for basic net income per Common Stock share:
Numerator for basic net income per Common Stock share	5,955	4,068	1,665	4,364
Numerator for diluted net income per Common Stock share:
Numerator for diluted net income per Common Stock share	$ 6,050	$ 4,117	$ 1,665	$ 4,402
Denominator for diluted net income per Common share:
Weighted average number of Common Stock shares outstanding	2,213	2,193	2,208	2,188
Denominator for diluted net income per Common share:
Weighted average number of Common Stock shares outstanding – assuming dilution	2,264	2,233	2,259	2,228
Basic net income per share:
Common Stock	$ 2.69	$ 1.86	$ 0.75	$ 2.00
Diluted net income per share:
Common Stock	$ 2.68	$ 1.84	$ 0.74	$ 1.97

Net Income Per Share - Computation of Basic Net Income Per Share and Diluted Net Income Per Share (Parenthetical) (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017	Sep. 30, 2018	Oct. 01, 2017
Earnings Per Share [Abstract]
Percentage undistributed earnings allocated to common stock diluted	100.00%	100.00%	100.00%	100.00%
Anti-dilutive shares	0	0	0	0

Supplemental Disclosures of Cash Flow Information - Summary of Changes in Current Assets and Current Liabilities Affecting Cash Flows (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Oct. 01, 2017
Supplemental Cash Flow Elements [Abstract]
Accounts receivable, trade, net	$ (34,899)	$ (109,023)
Accounts receivable from The Coca-Cola Company	(2,083)	1,548
Accounts receivable, other	10,328	(8,308)
Inventories	(46,274)	(19,254)
Prepaid expenses and other current assets	8,951	(281)
Accounts payable, trade	3,749	67,058
Accounts payable to The Coca-Cola Company	(15,222)	45,722
Other accrued liabilities	(33,712)	7,924
Accrued compensation	(15,496)	(10,062)
Accrued interest payable	4,237	5,640
Change in current assets less current liabilities (exclusive of acquisitions)	$ (120,421)	$ (19,036)

Segments - Additional Information (Detail)	9 Months Ended
Segments - Additional Information (Detail)	Sep. 30, 2018 Segment
Segment Reporting Information [Line Items]
Number of operating segments	4
All Other [Member]
Segment Reporting Information [Line Items]
Number of operating segments	3