Keurig Dr Pepper (KDP) 10-Q 30 Apr 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	Apr. 28, 2020
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2020
Entity File Number	001-33829
Entity Registrant Name	Keurig Dr Pepper Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-0517725
Entity Address, Address Line One	53 South Avenue
Entity Address, City or Town	Burlington,
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	01803
City Area Code	(781)
Local Phone Number	418-7000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common stock
Security Exchange Name	NYSE
Trading Symbol	KDP
Entity Common Stock, Shares Outstanding		1,407,151,408
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001418135

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Net sales	$ 2,613	$ 2,504
Cost of sales	1,161	1,106
Gross profit	1,452	1,398
Selling, general and administrative expenses	1,028	911
Other operating income, net	(42)	(11)
Income from operations	466	498
Interest expense	153	169
Loss on early extinguishment of debt	2	9
Impairment on investment and note receivable of unconsolidated affiliate	86	0
Other expense, net	20	5
Income before provision for income taxes	205	315
Provision for income taxes	49	85
Net income	$ 156	$ 230
Earnings per common share:
Basic (in dollars per share)	$ 0.11	$ 0.16
Diluted (in dollars per share)	$ 0.11	$ 0.16
Weighted average common shares outstanding:
Basic (in shares)	1,407	1,406.3
Diluted (in shares)	1,420.1	1,417.7

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Comprehensive (loss) income	$ (428)	$ 323

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 197	$ 75
Restricted cash and restricted cash equivalents	[1]	26	26
Trade accounts receivable, net		1,037	1,115
Inventories		682	654
Prepaid expenses and other current assets		335	403
Total current assets		2,277	2,273
Property, plant and equipment, net		2,017	2,028
Investments in unconsolidated affiliates		105	151
Goodwill		19,898	20,172
Other intangible assets, net		23,706	24,117
Other non-current assets		811	748
Deferred tax assets		29	29
Total assets		48,843	49,518
Current liabilities:
Accounts payable		3,238	3,176
Accrued expenses		960	939
Structured payables		258	321
Short-term borrowings and current portion of long-term obligations		1,957	1,593
Other current liabilities		445	445
Total current liabilities		6,858	6,474
Long-term obligations		12,431	12,827
Deferred tax liabilities		5,917	6,030
Other non-current liabilities		997	930
Total liabilities		26,203	26,261
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued		0	0
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,407,079,951 and 1,406,852,305 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively		14	14
Additional paid-in capital		21,579	21,557
Retained earnings		1,527	1,582
Accumulated other comprehensive (loss) income		(480)	104
Total stockholders' equity		22,640	23,257
Total liabilities and stockholders' equity		$ 48,843	$ 49,518
[1]	Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition , Bai Acquisition and Big Red Acquisition . Amounts held in escrow are expected to be released within one year.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock authorized (in shares)	15,000,000	15,000,000
Preferred stock issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	2,000,000,000	2,000,000,000
Common stock issued (in shares)	1,407,079,951	1,406,852,305
Common stock outstanding (in shares)	1,407,079,951	1,406,852,305

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating activities:
Net income	$ 156	$ 230
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	98	85
Amortization of intangibles	33	31
Other amortization expense	32	36	[1]
Provision for sales returns	7	9
Deferred income taxes	(5)	1
Employee stock-based compensation expense	19	14
Loss on early extinguishment of debt	2	9
Gain (Loss) on Disposition of Property Plant Equipment	(43)	0
Unrealized loss (gain) on foreign currency	(22)	17
Unrealized loss on derivatives	43	7
Equity in loss of unconsolidated affiliates	(15)	(15)
Impairment on investment and note receivable of unconsolidated affiliate	86	0
Other, net	22	(4)
Changes in assets and liabilities:
Trade accounts receivable	42	126
Inventories	(38)	(36)
Income taxes receivable and payables, net	(29)	68
Other current and non-current assets	(179)	(102)
Accounts payable and accrued expenses	150	125
Other current and non-current liabilities	(19)	(6)
Net change in operating assets and liabilities	(73)	175
Net cash provided by operating activities	414	591
Investing activities:
Issuance of related party note receivable	(6)	(7)
Purchases of property, plant and equipment	(151)	(62)
Proceeds from sales of property, plant and equipment	201	18
Purchase of intangibles	(15)	(2)
Other, net	5	8
Net cash provided by (used in) investing activities	34	(45)
Financing activities:
Proceeds from unsecured credit facility	1,000	0
Proceeds from term loan	0	2,000
Net (repayment) issuance of commercial paper	(387)	594
Proceeds from structured payables	44	78
Payments on Structured Payables	(107)	(9)
Repayments of Senior Debt	(250)	(250)
Repayment of term loan	(405)	(2,758)
Finance Lease, Principal Payments	(13)	(10)
Cash dividends paid	(212)	(211)
Other, net	2	10
Net cash used in financing activities	(328)	(556)
Cash, cash equivalents, restricted cash and restricted cash equivalents — net change from:
Operating, investing and financing activities	120	(10)
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents	(8)	10
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	111	139
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	$ 223	$ 139
[1]	Primarily includes amortization of customer rebates and upfront payments.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock Issued	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Shares issued at beginning of period (in shares) at Dec. 31, 2018		1,405.9
Total equity at beginning of period at Dec. 31, 2018	$ 22,533	$ 14	$ 21,471	$ 1,178	$ (130)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	230			230
Other comprehensive loss	93				93
Measurement period adjustment	11		11
Shares issued under employee stock-based compensation plans and other		0.8
Dividends declared, $0.15 per share	(211)			(211)
Stock-based compensation and stock options exercised	23		23
Shares issued at end of period (in shares) at Mar. 31, 2019		1,406.7
Total equity at end of period at Mar. 31, 2019	22,674	$ 14	21,505	1,192	(37)
Shares issued at beginning of period (in shares) at Dec. 31, 2019		1,406.8
Total equity at beginning of period at Dec. 31, 2019	23,257	$ 14	21,557	1,582	104
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	156			156
Other comprehensive loss	(584)				(584)
Shares issued under employee stock-based compensation plans and other		0.3
Dividends declared, $0.15 per share	(211)			(211)
Stock-based compensation and stock options exercised	22		22
Shares issued at end of period (in shares) at Mar. 31, 2020		1,407.1
Total equity at end of period at Mar. 31, 2020	$ 22,640	$ 14	$ 21,579	$ 1,527	$ (480)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Stockholders' Equity Condensed Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.15	$ 0.15

Background and Basis of Present

Background and Basis of Presentation	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	General ORGANIZATION On January 29, 2018, DPS entered into the DPS Merger Agreement by and among DPS , Maple and Merger Sub . The DPS Merger was consummated on July 9, 2018, at which time DPS changed its name to " Keurig Dr Pepper Inc. ". References in this Quarterly Report on Form 10-Q to " KDP " or "the Company " refer to Keurig Dr Pepper Inc. and all entities included in the unaudited condensed consolidated financial statements. Definitions of terms used in this Quarterly Report on Form 10-Q are included within the Master Glossary. This Quarterly Report on Form 10-Q refers to some of KDP 's owned or licensed trademarks, trade names and service marks, which are referred to as the Company 's brands. All of the product names included herein are either KDP registered trademarks or those of the Company 's licensors. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with KDP 's consolidated financial statements and accompanying notes, included in the Company 's Annual Report . Except as otherwise specified, references to the " first quarter " indicate the Company 's quarterly periods ended March 31, 2020 and 2019 . PRINCIPLES OF CONSOLIDATION KDP consolidates all wholly owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes KDP 's proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors or similar governing body, participation in policy-making decisions and material intercompany transactions. KDP eliminates from its financial results all intercompany transactions between entities included in the unaudited condensed consolidated financial statements. USE OF ESTIMATES The process of preparing KDP 's unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and judgments are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates. RECLASSIFICATIONS The Company reclassified the following amounts in the unaudited condensed consolidated Statement of Cash Flows for the first quarter of 2019 in order to conform to current year presentation: (in millions) Prior Presentation Revised Presentation First Quarter of 2019 Net cash provided by operating activities: Amortization of intangibles Amortization expense Amortization of intangibles $ 31 Other amortization expense (1) Amortization expense Other amortization expense 36 Amortization of deferred financing fees Amortization expense Other, net 4 Amortization of bond fair value Amortization expense Other, net 7 Equity in loss of unconsolidated affiliates Other, net Equity in loss of unconsolidated affiliates 15 Net cash provided by (used in) investing activities: Proceeds from sales of property, plant and equipment Other, net Proceeds from sales of property, plant and equipment 18 Purchase of intangibles Other, net Purchases of intangibles (2 ) Net cash provided by (used in) financing activities: Proceeds from stock options exercised Proceeds from stock options exercised Other, net 8 (1) Primarily includes amortization of customer rebates and upfront payments. RECENTLY ISSUED ACCOUNTING STANDARDS In January 2020, the FASB issued ASU 2020-01 . The objective of ASU 2020-01 is to clarify the interaction of the accounting for equity securities, investments accounted for under the equity method of accounting and the accounting for certain forward contracts and purchased options accounted under different topics in U.S. GAAP . ASU 2020-01 is effective for public companies for annual periods, and interim periods within those annual periods, beginning after December 15, 2020. The Company is currently evaluating the impact of ASU 2020-01 but expects the impact to be immaterial to KDP 's consolidated financial statements. In March 2020, the FASB issued ASU 2020-04 . The objective of ASU 2020-04 is to provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is currently evaluating the impact of ASU 2020-04 to KDP 's consolidated financial statements. RECENTLY ADOPTED PROVISIONS OF U.S. GAAP Credit Losses As of January 1, 2020, the Company adopted ASU 2016-13 , which replaced the incurred loss methodology with an expected loss methodology. The objective of ASU 2016-13 was to provide for a new impairment model which requires measurement and recognition of current expected credit losses (CECL) for most financial assets held. The Company adopted ASU 2016-13 using the modified retrospective method for all financial assets measured at amortized cost, which means that results for reporting periods beginning after January 1, 2020 are presented under ASU 2016-13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. The adoption of ASU 2016-13 did not have an impact on the Company 's unaudited condensed consolidated financial statements. Refer to Note 13 for additional information. Other Accounting Standards As of January 1, 2020, the Company adopted ASU 2018-13 . The objective of ASU 2018-13 is to improve the disclosures related to fair value measurement by removing, modifying, or adding disclosure requirements related to recurring and non-recurring fair value measurements. The adoption of ASU 2018-13 did not have an impact on the Company 's unaudited condensed consolidated

Long-term Obligations and Borro

Long-term Obligations and Borrowing Arrangements	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Long-term Obligations and Borrowing Arrangements	Long-term Obligations and Borrowing Arrangements The following table summarizes the Company 's long-term obligations: (in millions) March 31, 2020 December 31, 2019 Senior unsecured notes $ 11,559 $ 11,802 Term loan 970 1,372 Subtotal 12,529 13,174 Less - current portion (98 ) (347 ) Long-term obligations $ 12,431 $ 12,827 The following table summarizes the Company 's short-term borrowings and current portion of long-term obligations: Fair Value Hierarchy Level March 31, 2020 December 31, 2019 (in millions) Carrying Value Fair Value Carrying Value Fair Value Commercial paper notes 2 $ 859 $ 859 $ 1,246 $ 1,246 Revolving credit facilities 2 1,000 1,000 — — Current portion of long-term obligations: Senior unsecured notes 2 — — 250 250 Term loan 2 98 98 97 97 Short-term borrowings and current portion of long-term obligations $ 1,957 $ 1,957 $ 1,593 $ 1,593 SENIOR UNSECURED NOTES The Company 's Notes consisted of the following: (in millions) Fair Value Hierarchy Level March 31, 2020 December 31, 2019 Issuance Maturity Date Rate Carrying Value Fair Value Carrying Value Fair Value 2020 Notes (1) January 15, 2020 2.000% 2 $ — $ — $ 250 $ 250 2021 Merger Notes May 25, 2021 3.551% 2 1,750 1,766 1,750 1,785 2021-A Notes November 15, 2021 3.200% 2 250 250 250 254 2021-B Notes November 15, 2021 2.530% 2 250 247 250 251 2022 Notes November 15, 2022 2.700% 2 250 247 250 251 2023 Merger Notes May 25, 2023 4.057% 2 2,000 2,075 2,000 2,110 2023 Notes December 15, 2023 3.130% 2 500 504 500 514 2025 Merger Notes May 25, 2025 4.417% 2 1,000 1,059 1,000 1,090 2025 Notes November 15, 2025 3.400% 2 500 507 500 521 2026 Notes September 15, 2026 2.550% 2 400 387 400 400 2027 Notes June 15, 2027 3.430% 2 500 503 500 520 2028 Merger Notes May 25, 2028 4.597% 2 2,000 2,184 2,000 2,253 2038 Notes May 1, 2038 7.450% 2 125 187 125 167 2038 Merger Notes May 25, 2038 4.985% 2 500 559 500 587 2045 Notes November 15, 2045 4.500% 2 550 580 550 605 2046 Notes December 15, 2046 4.420% 2 400 417 400 435 2048 Merger Notes May 25, 2048 5.085% 2 750 886 750 905 Principal amount $ 11,725 $ 12,358 $ 11,975 $ 12,898 Unamortized debt issuance costs and fair value adjustment for Notes assumed in the DPS Merger (166 ) (173 ) Carrying amount $ 11,559 $ 11,802 (1) On January 15, 2020, the Company repaid the 2020 Notes at maturity, using commercial paper notes. The fair value amounts of the Notes were based on current market rates available to the Company . The difference between the fair value and the carrying value represents the theoretical net premium or discount that would be paid or received to retire all the Notes and related unamortized costs to be incurred at such date. The carrying amount includes the unamortized discounts, debt issuance costs and the fair value adjustment for the DPS Merger . BORROWING ARRANGEMENTS The KDP Credit Agreements consisted of the following carrying values and estimated fair values that are not required to be measured at fair value in the unaudited Condensed Consolidated Balance Sheets: (in millions) Fair Value Hierarchy Level March 31, 2020 December 31, 2019 Issuance Maturity Date Available Balances Carrying Value Fair Value Carrying Value Fair Value 2019 KDP Term Loan (1) February 2023 2 $ — $ 975 $ 975 $ 1,380 $ 1,380 KDP Revolver (2) February 2023 2 1,400 1,000 1,000 — — 2019 364-Day Credit Agreement May 2020 2 750 — — — — Principal amount $ 1,975 $ 1,975 $ 1,380 $ 1,380 Unamortized discounts and debt issuance costs (5 ) (8 ) Carrying amount $ 1,970 $ 1,372 (1) The Company borrowed $380 million of commercial paper to voluntarily prepay a portion of its outstanding obligations under the 2019 KDP Term Loan. As a result of these voluntary prepayments, the Company recorded a $2 million loss on early extinguishment during the first quarter of 2020 (2) The KDP Revolver has $200 million letters of credit availability and none utilized as of March 31, 2020 . As of March 31, 2020 , the Company was in compliance with all financial covenant requirements relating to the KDP Credit Agreements . Commercial Paper Program The following table provides information about the Company 's weighted average borrowings under its commercial paper program: First Quarter (in millions, except %) 2020 2019 Weighted average commercial paper borrowings $ 1,670 $ 1,748 Weighted average borrowing rates 1.85 % 2.90 % Letter of Credit Facility In addition to the portion of the KDP Revolver reserved for issuance of letters of credit, the Company has an incremental letter of credit facility. Under this facility, $100 million is available for the issuance of letters of credit, $44 million of which was utilized as of March 31, 2020 and $56 million of which remains available for use.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets GOODWILL Changes in the carrying amount of goodwill by reportable segment are as follows: (in millions) Coffee Systems Packaged Beverages Beverage Concentrates Latin America Beverages Total Balance as of January 1, 2020 $ 9,775 $ 5,301 $ 4,526 $ 570 $ 20,172 Foreign currency translation (74 ) (57 ) (37 ) (112 ) (280 ) Acquisitions — 6 — — 6 Balance as of March 31, 2020 $ 9,701 $ 5,250 $ 4,489 $ 458 $ 19,898 INTANGIBLE ASSETS OTHER THAN GOODWILL The net carrying amounts of intangible assets other than goodwill with indefinite lives are as follows: (in millions) March 31, 2020 December 31, 2019 Brands (1) $ 19,569 $ 19,948 Trade names 2,479 2,479 Contractual arrangements 120 122 Distribution rights 19 16 Total $ 22,187 $ 22,565 (1) The decrease of $379 million in brands with indefinite lives was due to foreign currency translation during the first quarter of 2020 . The net carrying amounts of intangible assets other than goodwill with definite lives are as follows: March 31, 2020 December 31, 2019 (in millions) Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Acquired technology $ 1,146 $ (273 ) $ 873 $ 1,146 $ (255 ) $ 891 Customer relationships 632 (109 ) 523 638 (102 ) 536 Trade names 126 (58 ) 68 128 (55 ) 73 Contractual arrangements 24 (4 ) 20 24 (3 ) 21 Brands 15 (2 ) 13 10 (2 ) 8 Distribution rights 24 (2 ) 22 24 (1 ) 23 Total $ 1,967 $ (448 ) $ 1,519 $ 1,970 $ (418 ) $ 1,552 Amortization expense for intangible assets with definite lives was as follows: First Quarter (in millions) 2020 2019 Amortization expense for intangible assets with definite lives $ 33 $ 31 Amortization expense of these intangible assets over the remainder of 2020 and the next five years is expected to be as follows: Remainder of 2020 For the Years Ending December 31, (in millions) 2021 2022 2023 2024 2025 Expected amortization expense for intangible assets with definite lives $ 100 $ 133 $ 133 $ 132 $ 123 $ 111 IMPAIRMENT TESTING KDP conducts impairment tests on goodwill and all indefinite lived intangible assets annually, or more frequently if circumstances indicate that the carrying amount of an asset may not be recoverable. The Company did not identify any circumstances, which included the recent COVID-19 pandemic, that indicated that the carrying amount of any goodwill or any intangible asset may not be recoverable as of March 31, 2020 .

Acquisitions and Investments in

Acquisitions and Investments in Unconsolidated Affiliates	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Acquisitions and Investments in Unconsolidated Subsidiaries	Investments in Unconsolidated Affiliates The following table summarizes investments in unconsolidated affiliates as of March 31, 2020 and December 31, 2019 : March 31, December 31, (in millions) Ownership Interest 2020 2019 BodyArmor 12.5 % $ 51 $ 52 Bedford 30.0 % 1 46 Dyla LLC 12.4 % 13 13 Force Holdings LLC 33.3 % 5 5 Beverage startup companies (various) 30 30 Other (various) 5 5 Investments in unconsolidated affiliates $ 105 $ 151 Impairment of Bedford Investment and Related Party Note Receivable The Company and ABI , in conjunction with the creation of Bedford, had executed a line of credit agreement with Bedford on March 3, 2017, which was amended on December 7, 2018 to increase the line of credit. The Company committed and funded the $51 million capacity, which incurs a fixed interest rate of 8.1% per annum. The credit agreement with Bedford matures on March 3, 2024. During the first quarter of 2020 , the Company reduced its expectation of future operating performance for Bedford based on COVID-19 and a new revised five-year projection during the first quarter of 2020 from the management of Bedford that projected the possibility of profitability two years later than previously anticipated. As a result of these indicators of impairment, the Company tested the Bedford investment for an other-than-temporary impairment using a discounted cash flow framework with multiple scenarios, including the conversion of the note receivable into equity. The results of its analysis indicated that the note receivable of $55 million was fully impaired and the investment in unconsolidated affiliates was impaired by $31 million on the impairment on investment line in the Condensed Consolidated Statements of Income. As a result of the other-than-temporary impairment, the Company has placed the note receivable in non-accrual status.

Restructuring and Integration C

Restructuring and Integration Costs	3 Months Ended
	Mar. 31, 2020
Restructuring and Related Activities [Abstract]
Restructuring and Integration Costs	Restructuring and Integration Costs The Company implements restructuring programs from time to time and incurs costs that are designed to improve operating effectiveness and lower costs. When the Company implements these programs, the Company incurs expenses, such as employee separations, lease terminations and other direct exit costs, that qualify as exit and disposal costs under U.S. GAAP . The Company also incurs expenses that are an integral component of, and directly attributable to, its restructuring activities, which do not qualify as exit and disposal costs, such as accelerated depreciation, asset impairments, implementation costs and other incremental costs. These costs are recorded within SG&A expenses on the income statement and are held primarily within unallocated corporate costs. Restructuring and integration charges incurred on the defined programs were as follows: First Quarter (in millions) 2020 2019 Keurig 2.0 exit $ — $ 1 DPS integration program 53 60 Total restructuring and integration charges $ 53 $ 61 Restructuring liabilities that qualify as exit and disposal costs under U.S. GAAP are included in accounts payable and accrued expenses on the unaudited condensed consolidated financial statements. Restructuring liabilities as of March 31, 2020 along with charges to expense, cash payments and non-cash charges for the period specific to the Integration Program were as follows: (in millions) Workforce Reduction Costs Balance as of January 1, 2020 $ 15 Charges to expense 12 Cash payments (2 ) Non-cash adjustment items (2 ) Balance as of March 31, 2020 $ 23 RESTRUCTURING PROGRAMS DPS Integration Program As part of the DPS Merger , the Company developed a program to deliver $600 million in synergies over a three-year period through supply chain optimization, reduction of indirect spend through new economies of scale, elimination of duplicative support functions and advertising and promotion optimization. The Company expects to incur total cash expenditures of $750 million , comprised of both capital expenditures and expense, and expects to complete the program by 2021. The restructuring and integration program resulted in cumulative pre-tax charges of approximately $440 million , primarily consisting of professional fees related to the integration and transformation and costs associated with severance and employee terminations, through March 31, 2020 .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rates for the first quarter of 2020 and 2019 were 23.9% and 27.0% , respectively. For the first quarter of 2020 , the provision for income taxes was lower than the first quarter of 2019 primarily due to the benefit received from the revaluation of the Company

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives KDP is exposed to market risks arising from adverse changes in interest rates, commodity prices, and FX rates. KDP manages these risks through a variety of strategies, including the use of interest rate contracts, FX forward contracts, commodity forward, future, swap and option contracts and supplier pricing agreements. KDP does not designate these contracts as hedges for accounting purposes, and KDP does not hold or issue derivative financial instruments for trading or speculative purposes. INTEREST RATES The Company is exposed t o interest rate risk related to its borrowing arrangements and obligations. The Company enters into interest rate swaps to provide predictability in the Company 's overall cost structure, including both receive-fixed, pay-variable and receive-variable, pay-fixed swaps. A natural hedging relationship exists in which changes in the fair value of the instruments act as an economic offset to changes in the fair value of the underlying items. Changes in the fair value of these instruments are recorded in earnings throughout the term of the derivative instrument and are reported in interest expense in the unaudited Condensed Consolidated Statements of Income. As of March 31, 2020 , all interest rate swap contracts will mature in March 2025 . FOREIGN EXCHANGE The Company 's Canadian and Mexican businesses purchase certain inventory under extended payment terms in most cases through transactions denominated and settled in U.S. dollars, a currency different from the functional currency of those businesses. The Company additionally has a subsidiary in Canada with intercompany notes denominated and settled in U.S. dollars, a currency different from the functional currency of the Canadian business. The accounts payable related to the inventory purchases and the intercompany notes are subject to exposure from movements in exchange rates. During the first quarter of 2020 and 2019 , the Company held FX forward contracts to economically manage the exposures resulting from changes in these FX exchange rates. The intent of these FX contracts is to provide predictability in the Company 's overall cost structure. In these cases, a hedging relationship exists in which changes in the fair value of the instruments act as an economic offset to changes in the fair value of the underlying items. Changes in the fair value of these instruments are recorded in earnings throughout the term of the derivative instrument and are reported in the same caption of the unaudited Condensed Consolidated Statements of Income as the associated risk. These FX contracts have maturities ranging from April 2020 to September 2024 as of March 31, 2020 . COMMODITIES KDP centrally manages the exposure to volatility in the prices of certain commodities used in its production process and transportation through various derivative contracts. The intent of these contracts is to provide a certain level of predictability in the Company 's overall cost structure. During the first quarter of 2020 and 2019 , the Company held forward, future, swap and option contracts that economically hedged certain of its risks. In these cases, a hedging relationship exists in which changes in the fair value of the instruments act as an economic offset to changes in the fair value of the underlying items. Changes in the fair value of these instruments are recorded in earnings throughout the term of the derivative instrument and are reported in the same line item of the unaudited Condensed Consolidated Statements of Income as the hedged transaction. Unrealized gains and losses are recognized as a component of unallocated corporate costs until the Company 's operating segments are affected by the completion of the underlying transaction, at which time the gain or loss is reflected as a component of the respective segment's income from operations. These commodity contracts have maturities ranging from April 2020 to June 2022 as of March 31, 2020 . NOTIONAL AMOUNTS OF DERIVATIVE INSTRUMENTS The following table presents the notional amounts of the Company 's outstanding derivative instruments by type: March 31, December 31, (in millions) 2020 2019 Interest rate contracts Receive-fixed, pay-variable interest rate swaps (1) $ — $ 50 Receive-variable, pay-fixed interest rate swaps (2) 450 575 FX contracts 471 523 Commodity contracts 317 150 (1) During the first quarter of 2020 , the Company elected to terminate $50 million notional amount of receive-fixed, pay-variable interest rate swaps and received cash of $18 million . (2) During the first quarter of 2020 , the Company elected to terminate $575 million notional amount of receive-variable, pay-fixed interest rate swaps and received cash of $2 million . FAIR VALUE OF DERIVATIVE INSTRUMENTS NOT DESIGNATED AS HEDGING INSTRUMENTS The following table summarizes the fair value hierarchy and the location of the fair value of the Company 's derivative instruments not designated as hedging instruments within the unaudited Condensed Consolidated Balance Sheets: (in millions) Fair Value Hierarchy Level Balance Sheet Location March 31, December 31, Assets: Interest rate contracts 2 Prepaid expenses and other current assets $ — $ 1 FX contracts 2 Prepaid expenses and other current assets 19 — Commodity contracts 2 Prepaid expenses and other current assets 7 30 Interest rate contracts 2 Other non-current assets — 18 FX contracts 2 Other non-current assets 14 — Commodity contracts 2 Other non-current assets 6 1 Liabilities: Interest rate contracts 2 Other current liabilities $ 2 $ — FX contracts 2 Other current liabilities — 2 Commodity contracts 2 Other current liabilities 37 10 Interest rate contracts 2 Other non-current liabilities 3 — FX contracts 2 Other non-current liabilities — 3 Commodity contracts 2 Other non-current liabilities 13 1 The fair values of commodity contracts, interest rate contracts and FX forward contracts are determined based on inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. The fair value of commodity contracts are valued using the market approach based on observable market transactions, primarily underlying commodities futures or physical index prices, at the reporting date. Interest rate contracts are valued using models based primarily on readily observable market parameters, such as LIBOR forward rates, for all substantial terms of the Company 's contracts and credit risk of the counterparties. The fair value of FX forward contracts are valued using quoted forward FX prices at the reporting date. Therefore, the Company has categorized these contracts as Level 2. IMPACT OF DERIVATIVE INSTRUMENTS NOT DESIGNATED AS HEDGING INSTRUMENTS The following table presents the amount of (gains) losses recognized in the unaudited Condensed Consolidated Statements of Income related to derivative instruments not designated as hedging instruments under U.S. GAAP during the periods presented. Amounts include both realized and unrealized gains and losses. First Quarter (in millions) Income Statement Location 2020 2019 Interest rate contracts Interest expense $ 4 $ 2 FX contracts Cost of sales (23 ) 2 FX contracts Other expense, net (17 ) 6 Commodity contracts Cost of sales 17 15 Commodity contracts SG&A expenses 45 (14 ) Total $ 26 $ 11 The Company has exposure to credit losses from derivative instruments in an asset position in the event of nonperformance by the counterparties to the agreements. Historically, the Company has not experienced material credit losses as a result of counterparty nonperformance. The Company selects and periodically reviews counterparties based on credit ratings, limits its exposure to a single counterparty under defined guidelines and monitors the market position of the programs upon execution of a hedging transaction and at least on a quarterly basis.

Leases (Notes)

Leases (Notes)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	Leases The Company leases certain facilities and machinery and equipment, including fleet. These leases expire at various dates through 2044 . Some lease agreements contain standard renewal provisions that allow the Company to renew the lease at rates equivalent to fair market value at the end of the lease term. The Company 's lease agreements do not contain any material residual value guarantees or restrictive covenants, except for leases of certain manufacturing properties that contain a residual value guarantee at the end of the term. KDP has lease agreements with lease and non-lease components, which are generally accounted for as a single lease component. The following table presents the components of lease cost: First Quarter (in millions) 2020 2019 Operating lease cost $ 28 $ 20 Finance lease cost Amortization of right-of-use assets 11 10 Interest on lease liabilities 4 4 Variable lease cost (1) 6 6 Short-term lease cost — 1 Sublease income (1 ) — Total lease cost $ 48 $ 41 (1) Variable lease cost primarily consists of common area maintenance costs, property taxes, and adjustments for inflation. The following table presents supplemental cash flow information about the Company 's leases: First Quarter (in millions) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 26 $ 18 Operating cash flows from finance leases 4 4 Financing cash flows from finance leases 13 10 The following table presents information about the Company 's weighted average discount rate and remaining lease term: March 31, 2020 December 31, 2019 Weighted average discount rate Operating leases 4.7 % 4.6 % Finance leases 5.0 % 5.4 % Weighted average remaining lease term Operating leases 11 years 8 years Finance leases 12 years 12 years Future minimum lease payments under non-cancellable leases as of March 31, 2020 were as follows: (in millions) Operating Leases Finance Leases Remainder of 2020 $ 60 $ 41 2021 85 44 2022 74 39 2023 66 38 2024 64 36 2025 57 32 Thereafter 326 165 Total future minimum lease payments 732 395 Less: imputed interest (157 ) (89 ) Present value of minimum lease payments $ 575 $ 306 SIGNIFICANT LEASES THAT HAVE NOT YET COMMENCED As of March 31, 2020 , the Company has entered into leases that have not yet commenced with estimated aggregated future lease payments of approximately $610 million . These leases are expected to commence between the second quarter of 2020 and second quarter of 2021 , with initial lease terms ranging from 7 years to 20 years . ASSET SALE-LEASEBACK TRANSACTIONS On January 6, 2020 , the Company closed an asset sale-leaseback transaction on two manufacturing properties as the buyer obtained control. The Company received proceeds of approximately $150 million , net of selling costs for the properties, which had a carrying value of $131 million , and resulted in an approximately $19 million gain on the sale transaction. The initial term of the leaseback is expected to end during 2034 and has two 10-year renewal options. The renewal options are not reasonably assured as (i) the Company 's position that the dynamic environment in which it operates precludes the Company 's ability to be reasonably certain of exercising the renewal options in the distant future and (ii) the options are contingent as the Company must remain investment grade and a change-in-control has not occurred as of the end of the lease term. The leaseback has a residual value guarantee; however, the Company concluded it was not probable that the Company will owe an amount at the end of the lease term and will record the lease obligation excluding the residual value guarantee. On January 10, 2020 , the Company closed the asset sale-leaseback transaction on two distribution properties as the buyer obtained control. The Company received proceeds of approximately $50 million , net of selling costs for the properties, which had a carrying value of $27 million , and resulted in an approximately $23 million gain on the sale transaction. The term of the leaseback is expected to end in 2025 and has two three-year renewals.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents the Company 's basic and diluted EPS and shares outstanding: First Quarter (in millions, except per share data) 2020 2019 Basic EPS: Net income $ 156 $ 230 Weighted average common shares outstanding 1,407.0 1,406.3 Earnings per common share — basic $ 0.11 $ 0.16 Diluted EPS: Net income $ 156 $ 230 Weighted average common shares outstanding 1,407.0 1,406.3 Effect of dilutive securities: Stock options 0.4 0.8 RSUs 12.7 10.6 Weighted average common shares outstanding and common stock equivalents 1,420.1 1,417.7 Earnings per common share — diluted $ 0.11 $ 0.16 Anti-dilutive shares excluded from the diluted weighted average shares outstanding calculation 0.3 —

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation expense is primarily recorded in SG&A expenses in the unaudited Condensed Consolidated Statements of Income. The components of stock-based compensation expense are presented below: First Quarter (in millions) 2020 2019 Total stock-based compensation expense $ 19 $ 14 Income tax benefit recognized in the Statements of Income (4 ) (3 ) Stock-based compensation expense, net of tax $ 15 $ 11 RESTRICTED STOCK UNITS The table below summarizes RSU activity : RSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of December 31, 2019 21,492,786 $ 18.14 2.6 $ 622 Granted 5,597,154 22.99 Vested and released (25,082 ) 24.80 1 Forfeited (390,712 ) 21.63 Outstanding as of March 31, 2020 26,674,146 $ 19.10 2.6 $ 647 As of March 31, 2020 , there was $351 million of unrecognized compensation cost related to unvested RSU s that is expected to be recognized over a weighted average period of 3.97 years .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income (Loss) The following table provides a summary of changes in AOCI , net of taxes: (in millions) Foreign Currency Translation Adjustments Pension and PRMB Liabilities Accumulated Other Comprehensive Income (Loss) Balance as of January 1, 2020 $ 104 $ — $ 104 Other comprehensive loss (583 ) (1 ) (584 ) Balance as of March 31, 2020 $ (479 ) $ (1 ) $ (480 ) Balance as of January 1, 2019 $ (126 ) $ (4 ) $ (130 ) Other comprehensive income 93 — 93 Balance as of March 31, 2019 $ (33 ) $ (4 ) $ (37 )

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
	Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported with the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows: (in millions) March 31, 2020 December 31, 2019 Cash and cash equivalents $ 197 $ 75 Restricted cash and restricted cash equivalents (1) 26 26 Non-current restricted cash and restricted cash equivalents included in Other non-current assets — 10 Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows $ 223 $ 111 (1) Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition , Bai Acquisition and Big Red Acquisition . Amounts held in escrow are expected to be released within one year. The carrying value of cash, cash equivalents, restricted cash and restricted cash equivalents is valued as of the balance sheet date equating fair value and classified as Level 1. The following table provides supplemental cash flow disclosures: First Quarter (in millions) 2020 2019 Supplemental cash flow disclosures of non-cash investing activities: Measurement period adjustment of Core purchase price $ — $ (11 ) Capital expenditures included in accounts payable and accrued expenses 177 154 Supplemental cash flow disclosures of non-cash financing activities: Dividends declared but not yet paid 211 211 Finance lease additions 10 7 Supplemental cash flow disclosures: Cash paid for interest (1) — 64 Cash paid for income taxes 81 25 (1) Cash paid for interest includes amounts paid and received related to the Company's interest rate swap contracts and the termination of such contracts. Refer to Note 7 for additional information

Trade Accounts Receivable, Net

Trade Accounts Receivable, Net (Notes)	3 Months Ended
	Mar. 31, 2020
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Trade Accounts Receivable, Net Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Company is exposed to potential credit risks associated with its accounts receivable, as it generally does not require collateral on its accounts receivable. The Company determines the required allowance for expected credit losses using information such as its customer credit history and financial condition, industry and market segment information, credit reports, and economic trends and conditions such as the impacts of COVID-19 in the first quarter of 2020. Allowances can be affected by changes in the industry, customer credit issues or customer bankruptcies or expectations of any such events in a future period when reasonable and supportable. Historical information is utilized beyond reasonable and supportable forecast periods. Amounts are charged against the allowance when it is determined that expected credit losses may occur. Activity in the allowance for expected credit loss accounts during the Periods was as follows: (in millions) Allowance for Expected Credit Loss Balance as of January 1, 2019 $ 8 Charges to bad debt expense 2 Write-offs and adjustments (1 ) Balance as of December 31, 2019 $ 9 Charges to bad debt expense 10 Write-offs and adjustments — Balance as of March 31, 2020 $ 19

Other Financial Information

Other Financial Information	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Other Financial Information	Other Financial Information The tables below provide selected financial information from the unaudited Condensed Consolidated Balance Sheets: March 31, December 31, (in millions) 2020 2019 Trade accounts receivable, net: Trade and other accounts receivable $ 1,056 $ 1,124 Allowance for expected credit losses (19 ) (9 ) Total trade accounts receivable, net $ 1,037 $ 1,115 Inventories: Raw materials $ 215 $ 215 WIP 6 8 Finished goods 478 447 Total 699 670 Allowance for excess and obsolete inventories (17 ) (16 ) Total Inventories $ 682 $ 654 Prepaid expenses and other current assets: Other receivables $ 53 $ 65 Customer incentive programs 78 12 Derivative instruments 26 31 Prepaid marketing 30 17 Spare parts 50 49 Assets held for sale (1) 3 165 Income tax receivable 7 4 Other 88 60 Total prepaid expenses and other current assets $ 335 $ 403 Other non-current assets: Customer incentive programs $ 77 $ 33 Marketable securities - trading (2) 31 40 Operating lease right-of-use assets 576 497 Derivative instruments 20 19 Equity securities without readily determinable fair values 1 1 Non-current restricted cash and restricted cash equivalents — 10 Related party notes receivable (3) 1 50 Other 105 98 Total other non-current assets $ 811 $ 748 (1) The decrease was due to the assets included in sale-leaseback transactions that closed during the period. Refer to Note 8 for additional information about the transactions. Remainder of amounts were comprised of property, plant and equipment expected to be sold within the next twelve months. (2) Fair values of marketable securities are determined using quoted market prices from daily exchange traded markets, based on the closing price as of the balance sheet date, and are classified as Level 1. The fair value of marketable securities was $31 million and $40 million as of March 31, 2020 and December 31, 2019 , respectively. (3) Refer to Note 4 for additional information . March 31, December 31, (in millions) 2020 2019 Accrued expenses: Customer rebates & incentives $ 304 $ 362 Accrued compensation 130 183 Insurance reserve 36 39 Accrued interest 164 54 Accrued professional fees 37 31 Other accrued expenses 289 270 Total accrued expenses $ 960 $ 939 Other current liabilities: Dividends payable $ 211 $ 212 Income taxes payable 46 75 Operating lease liability 73 69 Finance lease liability 42 41 Derivative instruments 39 12 Holdback liabilities 25 25 Other 9 11 Total other current liabilities $ 445 $ 445 Other non-current liabilities: Pension and post-retirement liability $ 27 $ 29 Insurance reserves 69 66 Operating lease liability 501 427 Finance lease liability 264 269 Derivative instruments 16 4 Deferred compensation liability 31 40 Other 89 95 Total other non-current liabilities $ 997 $ 930 ACCOUNTS PAYABLE KDP entered into an agreement with a third party administrator to allow participating suppliers to track payments from KDP , and if voluntarily elected by the supplier, sell payment obligations from KDP to financial institutions. Suppliers can sell one or more of KDP 's payment obligations at their sole discretion and the rights and obligations of KDP to its suppliers are not impacted. KDP has no economic interest in a supplier’s decision to enter into these agreements and no direct financial relationship with the financial institutions. KDP 's obligations to its suppliers, including amounts due and scheduled payment terms, are not impacted. As of March 31, 2020 and December 31, 2019 , $2,322 million and $2,097 million , respectively, of KDP 's outstanding payment obligations were voluntarily elected by the supplier and sold to financial institutions.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies LEGAL MATTERS The Company is involved from time to time in various claims, proceedings, and litigation. The Company establishes reserves for specific legal proceedings when the Company determines that the likelihood of an unfavorable outcome is probable and the amount of loss can be reasonably estimated. The Company has also identified certain other legal matters where the Company believes an unfavorable outcome is reasonably possible and/or for which no estimate of possible losses can be made.

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Parties	Related Parties IDENTIFICATION OF RELATED PARTIES The Company is indirectly controlled by a single stockholder, JAB , a privately held investor group. JAB has ownership control over certain investments that create the following related party transaction types: • Coffee Transactions include transactions with Peet's Coffee, Caribou Coffee, Panera Bread and Krispy Kreme Doughnuts. The Company manufactures portion packs containing a selection of coffee and tea varieties under Peet’s Coffee brands for sale in the U.S. and Canada. As part of this agreement, Peet’s Coffee issues purchase orders to the Company for portion packs to be supplied to Peet’s Coffee and sold in select channels. In turn, the Company places purchase orders for Peet’s Coffee raw materials to manufacture portion packs for sale by the Company in select channels. The Company licenses the Caribou Coffee, Panera Bread and Krispy Kreme Doughnuts trademarks for use in the Keurig system in the Company owned channels. Additionally, the Company manufactures and distributes Peet's RTD Coffee in the U.S. and pays Peet's Coffee a royalty for use of the brand name. • Restaurant Transactions include transactions with Caribou Coffee, Panera Bread, Einstein Bros Bagels and Krispy Kreme Doughnuts. The Company sells various beverage concentrates and packaged beverages to these companies. The Company also has rights in certain territories to bottle and/or distribute various brands that the Company does not own. The Company holds investments in certain brand ownership companies. Refer to Note 4 for additional information about the Company 's investments in unconsolidated affiliates. The Company purchases inventory from these brand ownership companies and sells finished product to third-party customers primarily in the U.S. Additionally, any transactions with significant partners in these investments, such as ABI , are considered related party transactions. ABI purchases Clamato from the Company and pays the Company

Segments

Segments	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segments	Segments As of March 31, 2020 and December 31, 2019 and for the first quarter of 2020 and 2019 , the Company 's operating structure consisted of the following four reportable segments: • The Coffee Systems segment reflects sales in the U.S. and Canada of the manufacture and distribution of finished goods relating to the Company 's coffee system, K-Cup pod s and brewers. • The Packaged Beverages segment reflects sales in the U.S. and Canada from the manufacture and distribution of finished beverages and other products, including sales of the Company 's own brands and third-party brands, through both the DSD system and the WD system. • The Beverage Concentrates segment reflects sales of the Company 's branded concentrates and syrup to third-party bottlers primarily in the U.S. and Canada. Most of the brands in this segment are carbonated soft drink brands. • The Latin America Beverages segment reflects sales in Mexico, the Caribbean, and other international markets from the manufacture and distribution of concentrates, syrup and finished beverages. Segment results are based on management reports. Net sales and income from operations are the significant financial measures used to assess the operating performance of the Company 's operating segments. Intersegment sales are recorded at cost and are eliminated in the unaudited Condensed Consolidated Statements of Income. “ Unallocated corporate costs ” are excluded from the Company 's measurement of segment performance and include unrealized commodity derivative gains and losses, and certain general corporate expenses. Information about the Company 's operations by reportable segment is as follows: First Quarter (in millions) 2020 2019 Segment Results – Net sales Coffee Systems $ 973 $ 968 Packaged Beverages 1,217 1,116 Beverage Concentrates 306 304 Latin America Beverages 117 116 Net sales $ 2,613 $ 2,504 First Quarter (in millions) 2020 2019 Segment Results – Income from operations Coffee Systems $ 272 $ 293 Packaged Beverages 189 149 Beverage Concentrates 197 201 Latin America Beverages 27 11 Unallocated corporate costs (219 ) (156 ) Income from operations $ 466 $ 498

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company recognizes revenue when obligations under the terms of a contract with the customer are satisfied. Branded product sales, which include CSD , NCB , K-Cup pod s and appliances, occur once control is transferred upon delivery to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods. The amount of consideration the Company receives and revenue the Company recognizes varies with changes in customer incentives the Company offers to its customers and their customers. Sales taxes and other similar taxes are excluded from revenue. Costs associated with shipping and handling activities, such as merchandising, are included in SG&A expenses as revenue is recognized. The following table disaggregates the Company 's revenue by portfolio for the first quarter of 2020 and 2019 : (in millions) Coffee Systems Packaged Beverages Beverage Concentrates Latin America Beverages Total For the first quarter of 2020: CSD (1) $ — $ 563 $ 302 $ 82 $ 947 NCB (1) — 562 2 35 599 K-Cup pods (2) 791 — — — 791 Appliances 127 — — — 127 Other 55 92 2 — 149 Net sales $ 973 $ 1,217 $ 306 $ 117 $ 2,613 For the first quarter of 2019: CSD (1) $ — $ 522 $ 298 $ 80 $ 900 NCB (1) — 501 2 36 539 K-Cup pods (2) 793 — — — 793 Appliances 123 — — — 123 Other 52 93 4 — 149 Net sales $ 968 $ 1,116 $ 304 $ 116 $ 2,504 (1) Represents net sales of owned and Allied Brands within our portfolio. (2) Represents net sales from owned brands, partner brands and private label owners. Net sales for partner brands and private label owners are contractual and long term in nature.

Subsequent Events (Notes)

Subsequent Events (Notes)	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Events SENIOR UNSECURED NOTES On April 13, 2020, the Company completed the issuance of $1,500 million aggregate principal amount of senior unsecured notes consisting of $750 million aggregate principal amount of 3.20% senior unsecured notes due May 1, 2030 and $750 million aggregate principal amount of 3.80% senior unsecured notes due May 1, 2050. The discount associated with the 2030 Notes and 2050 Notes was approximately $6 million . The net proceeds from the issuance were used to repay approximately $1,000 million of outstanding borrowings under the KDP Revolver and approximately $481 million of commercial paper notes. BORROWING ARRANGEMENTS On April 14, 2020, the Company terminated the 2019 364-Day Credit Agreement and replaced it with the 2020 364-Day Credit Agreement in order to increase the commitment from $750 million to $1,500 million . The 2020 364-Day Credit Agreement is unsecured, and its proceeds may be used for general corporate purposes. The interest rate applicable to borrowings under the 2020 364-Day Credit Agreement ranges from a rate equal to LIBOR plus a margin of 2.250% to 2.750% or a base rate plus a margin of 1.250% to 1.750% , depending on the rating of certain index debt of the Company. The 2020 364-Day Credit Agreement will mature on April 13, 2021.

Background and Basis of Prese_2

Background and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting principally of normal recurring adjustments, considered necessary for a fair presentation have been included. These unaudited condensed consolidated financial statements should be read in conjunction with KDP 's consolidated financial statements and accompanying notes, included in the Company 's Annual Report . Except as otherwise specified, references to the " first quarter " indicate the Company 's quarterly periods ended March 31, 2020 and 2019 .
Principles of Consolidation	KDP consolidates all wholly owned subsidiaries. The Company uses the equity method to account for investments in companies if the investment provides the Company with the ability to exercise significant influence over operating and financial policies of the investee. Consolidated net income includes KDP 's proportionate share of the net income or loss of these companies. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors or similar governing body, participation in policy-making decisions and material intercompany transactions. KDP eliminates from its financial results all intercompany transactions between entities included in the unaudited condensed consolidated financial statements.
Use of Estimates	The process of preparing KDP 's unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and judgments that affect the reported amount of assets, liabilities, revenue and expenses. These estimates and judgments are based on historical experience, future expectations and other factors and assumptions the Company
Accounting Standards	RECENTLY ISSUED ACCOUNTING STANDARDS In January 2020, the FASB issued ASU 2020-01 . The objective of ASU 2020-01 is to clarify the interaction of the accounting for equity securities, investments accounted for under the equity method of accounting and the accounting for certain forward contracts and purchased options accounted under different topics in U.S. GAAP . ASU 2020-01 is effective for public companies for annual periods, and interim periods within those annual periods, beginning after December 15, 2020. The Company is currently evaluating the impact of ASU 2020-01 but expects the impact to be immaterial to KDP 's consolidated financial statements. In March 2020, the FASB issued ASU 2020-04 . The objective of ASU 2020-04 is to provide optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is currently evaluating the impact of ASU 2020-04 to KDP 's consolidated financial statements. RECENTLY ADOPTED PROVISIONS OF U.S. GAAP Credit Losses As of January 1, 2020, the Company adopted ASU 2016-13 , which replaced the incurred loss methodology with an expected loss methodology. The objective of ASU 2016-13 was to provide for a new impairment model which requires measurement and recognition of current expected credit losses (CECL) for most financial assets held. The Company adopted ASU 2016-13 using the modified retrospective method for all financial assets measured at amortized cost, which means that results for reporting periods beginning after January 1, 2020 are presented under ASU 2016-13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. The adoption of ASU 2016-13 did not have an impact on the Company 's unaudited condensed consolidated financial statements. Refer to Note 13 for additional information. Other Accounting Standards As of January 1, 2020, the Company adopted ASU 2018-13 . The objective of ASU 2018-13 is to improve the disclosures related to fair value measurement by removing, modifying, or adding disclosure requirements related to recurring and non-recurring fair value measurements. The adoption of ASU 2018-13 did not have an impact on the Company 's unaudited condensed consolidated

Background and Basis of Prese_3

Background and Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of reclassifications	The Company reclassified the following amounts in the unaudited condensed consolidated Statement of Cash Flows for the first quarter of 2019 in order to conform to current year presentation: (in millions) Prior Presentation Revised Presentation First Quarter of 2019 Net cash provided by operating activities: Amortization of intangibles Amortization expense Amortization of intangibles $ 31 Other amortization expense (1) Amortization expense Other amortization expense 36 Amortization of deferred financing fees Amortization expense Other, net 4 Amortization of bond fair value Amortization expense Other, net 7 Equity in loss of unconsolidated affiliates Other, net Equity in loss of unconsolidated affiliates 15 Net cash provided by (used in) investing activities: Proceeds from sales of property, plant and equipment Other, net Proceeds from sales of property, plant and equipment 18 Purchase of intangibles Other, net Purchases of intangibles (2 ) Net cash provided by (used in) financing activities: Proceeds from stock options exercised Proceeds from stock options exercised Other, net 8 (1) Primarily includes amortization of customer rebates and upfront payments.

Long-term Obligations and Bor_2

Long-term Obligations and Borrowing Arrangements (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Short-term Debt [Table Text Block]	The following table provides information about the Company 's weighted average borrowings under its commercial paper program: First Quarter (in millions, except %) 2020 2019 Weighted average commercial paper borrowings $ 1,670 $ 1,748 Weighted average borrowing rates 1.85 % 2.90 %
Schedule of debt	The following table summarizes the Company 's long-term obligations: (in millions) March 31, 2020 December 31, 2019 Senior unsecured notes $ 11,559 $ 11,802 Term loan 970 1,372 Subtotal 12,529 13,174 Less - current portion (98 ) (347 ) Long-term obligations $ 12,431 $ 12,827 The following table summarizes the Company 's short-term borrowings and current portion of long-term obligations: Fair Value Hierarchy Level March 31, 2020 December 31, 2019 (in millions) Carrying Value Fair Value Carrying Value Fair Value Commercial paper notes 2 $ 859 $ 859 $ 1,246 $ 1,246 Revolving credit facilities 2 1,000 1,000 — — Current portion of long-term obligations: Senior unsecured notes 2 — — 250 250 Term loan 2 98 98 97 97 Short-term borrowings and current portion of long-term obligations $ 1,957 $ 1,957 $ 1,593 $ 1,593
Schedule of long-term debt instruments	The Company 's Notes consisted of the following: (in millions) Fair Value Hierarchy Level March 31, 2020 December 31, 2019 Issuance Maturity Date Rate Carrying Value Fair Value Carrying Value Fair Value 2020 Notes (1) January 15, 2020 2.000% 2 $ — $ — $ 250 $ 250 2021 Merger Notes May 25, 2021 3.551% 2 1,750 1,766 1,750 1,785 2021-A Notes November 15, 2021 3.200% 2 250 250 250 254 2021-B Notes November 15, 2021 2.530% 2 250 247 250 251 2022 Notes November 15, 2022 2.700% 2 250 247 250 251 2023 Merger Notes May 25, 2023 4.057% 2 2,000 2,075 2,000 2,110 2023 Notes December 15, 2023 3.130% 2 500 504 500 514 2025 Merger Notes May 25, 2025 4.417% 2 1,000 1,059 1,000 1,090 2025 Notes November 15, 2025 3.400% 2 500 507 500 521 2026 Notes September 15, 2026 2.550% 2 400 387 400 400 2027 Notes June 15, 2027 3.430% 2 500 503 500 520 2028 Merger Notes May 25, 2028 4.597% 2 2,000 2,184 2,000 2,253 2038 Notes May 1, 2038 7.450% 2 125 187 125 167 2038 Merger Notes May 25, 2038 4.985% 2 500 559 500 587 2045 Notes November 15, 2045 4.500% 2 550 580 550 605 2046 Notes December 15, 2046 4.420% 2 400 417 400 435 2048 Merger Notes May 25, 2048 5.085% 2 750 886 750 905 Principal amount $ 11,725 $ 12,358 $ 11,975 $ 12,898 Unamortized debt issuance costs and fair value adjustment for Notes assumed in the DPS Merger (166 ) (173 ) Carrying amount $ 11,559 $ 11,802 (1) On January 15, 2020, the Company repaid the 2020 Notes at maturity, using commercial paper notes.
Schedule of line of credit facilities	The KDP Credit Agreements consisted of the following carrying values and estimated fair values that are not required to be measured at fair value in the unaudited Condensed Consolidated Balance Sheets: (in millions) Fair Value Hierarchy Level March 31, 2020 December 31, 2019 Issuance Maturity Date Available Balances Carrying Value Fair Value Carrying Value Fair Value 2019 KDP Term Loan (1) February 2023 2 $ — $ 975 $ 975 $ 1,380 $ 1,380 KDP Revolver (2) February 2023 2 1,400 1,000 1,000 — — 2019 364-Day Credit Agreement May 2020 2 750 — — — — Principal amount $ 1,975 $ 1,975 $ 1,380 $ 1,380 Unamortized discounts and debt issuance costs (5 ) (8 ) Carrying amount $ 1,970 $ 1,372 (1) The Company borrowed $380 million of commercial paper to voluntarily prepay a portion of its outstanding obligations under the 2019 KDP Term Loan. As a result of these voluntary prepayments, the Company recorded a $2 million loss on early extinguishment during the first quarter of 2020 (2) The KDP Revolver has $200 million letters of credit availability and none utilized as of March 31, 2020 .

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in the carrying amount of goodwill by reportable segment	Changes in the carrying amount of goodwill by reportable segment are as follows: (in millions) Coffee Systems Packaged Beverages Beverage Concentrates Latin America Beverages Total Balance as of January 1, 2020 $ 9,775 $ 5,301 $ 4,526 $ 570 $ 20,172 Foreign currency translation (74 ) (57 ) (37 ) (112 ) (280 ) Acquisitions — 6 — — 6 Balance as of March 31, 2020 $ 9,701 $ 5,250 $ 4,489 $ 458 $ 19,898
Schedule of net carrying amounts of intangible assets other than goodwill with indefinite lives	The decrease of $379 million in brands with indefinite lives was due to foreign currency translation during the first quarter of 2020 .
Schedule of net carrying amounts of intangible assets other than goodwill with definite lives	The net carrying amounts of intangible assets other than goodwill with definite lives are as follows: March 31, 2020 December 31, 2019 (in millions) Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Acquired technology $ 1,146 $ (273 ) $ 873 $ 1,146 $ (255 ) $ 891 Customer relationships 632 (109 ) 523 638 (102 ) 536 Trade names 126 (58 ) 68 128 (55 ) 73 Contractual arrangements 24 (4 ) 20 24 (3 ) 21 Brands 15 (2 ) 13 10 (2 ) 8 Distribution rights 24 (2 ) 22 24 (1 ) 23 Total $ 1,967 $ (448 ) $ 1,519 $ 1,970 $ (418 ) $ 1,552
Schedule of amortization expense for intangible assets with definite lives	Amortization expense for intangible assets with definite lives was as follows: First Quarter (in millions) 2020 2019 Amortization expense for intangible assets with definite lives $ 33 $ 31
Schedule of future amortization expense	Amortization expense of these intangible assets over the remainder of 2020 and the next five years is expected to be as follows: Remainder of 2020 For the Years Ending December 31, (in millions) 2021 2022 2023 2024 2025 Expected amortization expense for intangible assets with definite lives $ 100 $ 133 $ 133 $ 132 $ 123 $ 111

Acquisitions and Investments _2

Acquisitions and Investments in Unconsolidated Affiliates (Tables)	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Equity method investments	The following table summarizes investments in unconsolidated affiliates as of March 31, 2020 and December 31, 2019 : March 31, December 31, (in millions) Ownership Interest 2020 2019 BodyArmor 12.5 % $ 51 $ 52 Bedford 30.0 % 1 46 Dyla LLC 12.4 % 13 13 Force Holdings LLC 33.3 % 5 5 Beverage startup companies (various) 30 30 Other (various) 5 5 Investments in unconsolidated affiliates $ 105 $ 151

Restructuring and Integration_2

Restructuring and Integration Costs (Tables)	3 Months Ended
	Mar. 31, 2020
Restructuring and Related Activities [Abstract]
Restructuring and related costs	Restructuring and integration charges incurred on the defined programs were as follows: First Quarter (in millions) 2020 2019 Keurig 2.0 exit $ — $ 1 DPS integration program 53 60 Total restructuring and integration charges $ 53 $ 61
Schedule of restructuring reserve by type of cost	Restructuring liabilities as of March 31, 2020 along with charges to expense, cash payments and non-cash charges for the period specific to the Integration Program were as follows: (in millions) Workforce Reduction Costs Balance as of January 1, 2020 $ 15 Charges to expense 12 Cash payments (2 ) Non-cash adjustment items (2 ) Balance as of March 31, 2020 $ 23

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional Amounts of Derivative Instruments	NOTIONAL AMOUNTS OF DERIVATIVE INSTRUMENTS The following table presents the notional amounts of the Company 's outstanding derivative instruments by type: March 31, December 31, (in millions) 2020 2019 Interest rate contracts Receive-fixed, pay-variable interest rate swaps (1) $ — $ 50 Receive-variable, pay-fixed interest rate swaps (2) 450 575 FX contracts 471 523 Commodity contracts 317 150 (1) During the first quarter of 2020 , the Company elected to terminate $50 million notional amount of receive-fixed, pay-variable interest rate swaps and received cash of $18 million . (2) During the first quarter of 2020 , the Company elected to terminate $575 million notional amount of receive-variable, pay-fixed interest rate swaps and received cash of $2 million .
Schedule of derivative instruments in statement of financial position, fair value	The following table summarizes the fair value hierarchy and the location of the fair value of the Company 's derivative instruments not designated as hedging instruments within the unaudited Condensed Consolidated Balance Sheets: (in millions) Fair Value Hierarchy Level Balance Sheet Location March 31, December 31, Assets: Interest rate contracts 2 Prepaid expenses and other current assets $ — $ 1 FX contracts 2 Prepaid expenses and other current assets 19 — Commodity contracts 2 Prepaid expenses and other current assets 7 30 Interest rate contracts 2 Other non-current assets — 18 FX contracts 2 Other non-current assets 14 — Commodity contracts 2 Other non-current assets 6 1 Liabilities: Interest rate contracts 2 Other current liabilities $ 2 $ — FX contracts 2 Other current liabilities — 2 Commodity contracts 2 Other current liabilities 37 10 Interest rate contracts 2 Other non-current liabilities 3 — FX contracts 2 Other non-current liabilities — 3 Commodity contracts 2 Other non-current liabilities 13 1
Schedule of derivative instruments not designated as hedging instruments	The following table presents the amount of (gains) losses recognized in the unaudited Condensed Consolidated Statements of Income related to derivative instruments not designated as hedging instruments under U.S. GAAP during the periods presented. Amounts include both realized and unrealized gains and losses. First Quarter (in millions) Income Statement Location 2020 2019 Interest rate contracts Interest expense $ 4 $ 2 FX contracts Cost of sales (23 ) 2 FX contracts Other expense, net (17 ) 6 Commodity contracts Cost of sales 17 15 Commodity contracts SG&A expenses 45 (14 ) Total $ 26 $ 11

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Lease, Cost [Table Text Block]	The following table presents the components of lease cost: First Quarter (in millions) 2020 2019 Operating lease cost $ 28 $ 20 Finance lease cost Amortization of right-of-use assets 11 10 Interest on lease liabilities 4 4 Variable lease cost (1) 6 6 Short-term lease cost — 1 Sublease income (1 ) — Total lease cost $ 48 $ 41 (1) Variable lease cost primarily consists of common area maintenance costs, property taxes, and adjustments for inflation.
Supplemental Cash Flow Information for Leases [Table Text Block]	The following table presents supplemental cash flow information about the Company 's leases: First Quarter (in millions) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 26 $ 18 Operating cash flows from finance leases 4 4 Financing cash flows from finance leases 13 10
Schedule of Weighted Average Lease Disclosures [Table Text Block]	The following table presents information about the Company 's weighted average discount rate and remaining lease term: March 31, 2020 December 31, 2019 Weighted average discount rate Operating leases 4.7 % 4.6 % Finance leases 5.0 % 5.4 % Weighted average remaining lease term Operating leases 11 years 8 years Finance leases 12 years 12 years
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Future minimum lease payments under non-cancellable leases as of March 31, 2020 were as follows: (in millions) Operating Leases Finance Leases Remainder of 2020 $ 60 $ 41 2021 85 44 2022 74 39 2023 66 38 2024 64 36 2025 57 32 Thereafter 326 165 Total future minimum lease payments 732 395 Less: imputed interest (157 ) (89 ) Present value of minimum lease payments $ 575 $ 306
Finance Lease, Liability, Maturity [Table Text Block]	Future minimum lease payments under non-cancellable leases as of March 31, 2020 were as follows: (in millions) Operating Leases Finance Leases Remainder of 2020 $ 60 $ 41 2021 85 44 2022 74 39 2023 66 38 2024 64 36 2025 57 32 Thereafter 326 165 Total future minimum lease payments 732 395 Less: imputed interest (157 ) (89 ) Present value of minimum lease payments $ 575 $ 306

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Schedule of earnings per share	The following table presents the Company 's basic and diluted EPS and shares outstanding: First Quarter (in millions, except per share data) 2020 2019 Basic EPS: Net income $ 156 $ 230 Weighted average common shares outstanding 1,407.0 1,406.3 Earnings per common share — basic $ 0.11 $ 0.16 Diluted EPS: Net income $ 156 $ 230 Weighted average common shares outstanding 1,407.0 1,406.3 Effect of dilutive securities: Stock options 0.4 0.8 RSUs 12.7 10.6 Weighted average common shares outstanding and common stock equivalents 1,420.1 1,417.7 Earnings per common share — diluted $ 0.11 $ 0.16 Anti-dilutive shares excluded from the diluted weighted average shares outstanding calculation 0.3 —

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock based compensation expense	The components of stock-based compensation expense are presented below: First Quarter (in millions) 2020 2019 Total stock-based compensation expense $ 19 $ 14 Income tax benefit recognized in the Statements of Income (4 ) (3 ) Stock-based compensation expense, net of tax $ 15 $ 11
Schedule of share-based compensation, restricted stock and restricted stock units activity	The table below summarizes RSU activity : RSUs Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) Outstanding as of December 31, 2019 21,492,786 $ 18.14 2.6 $ 622 Granted 5,597,154 22.99 Vested and released (25,082 ) 24.80 1 Forfeited (390,712 ) 21.63 Outstanding as of March 31, 2020 26,674,146 $ 19.10 2.6 $ 647

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Accumulated other comprehensive income (loss), net of taxes	The following table provides a summary of changes in AOCI , net of taxes: (in millions) Foreign Currency Translation Adjustments Pension and PRMB Liabilities Accumulated Other Comprehensive Income (Loss) Balance as of January 1, 2020 $ 104 $ — $ 104 Other comprehensive loss (583 ) (1 ) (584 ) Balance as of March 31, 2020 $ (479 ) $ (1 ) $ (480 ) Balance as of January 1, 2019 $ (126 ) $ (4 ) $ (130 ) Other comprehensive income 93 — 93 Balance as of March 31, 2019 $ (33 ) $ (4 ) $ (37 )

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2020
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported with the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows: (in millions) March 31, 2020 December 31, 2019 Cash and cash equivalents $ 197 $ 75 Restricted cash and restricted cash equivalents (1) 26 26 Non-current restricted cash and restricted cash equivalents included in Other non-current assets — 10 Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows $ 223 $ 111 (1) Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition , Bai Acquisition and Big Red Acquisition
Schedule of Restricted Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents reported with the unaudited Condensed Consolidated Balance Sheets to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows: (in millions) March 31, 2020 December 31, 2019 Cash and cash equivalents $ 197 $ 75 Restricted cash and restricted cash equivalents (1) 26 26 Non-current restricted cash and restricted cash equivalents included in Other non-current assets — 10 Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows $ 223 $ 111 (1) Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition , Bai Acquisition and Big Red Acquisition
Schedule of Cash Flow, Supplemental Disclosures	The following table provides supplemental cash flow disclosures: First Quarter (in millions) 2020 2019 Supplemental cash flow disclosures of non-cash investing activities: Measurement period adjustment of Core purchase price $ — $ (11 ) Capital expenditures included in accounts payable and accrued expenses 177 154 Supplemental cash flow disclosures of non-cash financing activities: Dividends declared but not yet paid 211 211 Finance lease additions 10 7 Supplemental cash flow disclosures: Cash paid for interest (1) — 64 Cash paid for income taxes 81 25

Trade Accounts Receivable, Ne_2

Trade Accounts Receivable, Net (Tables)	3 Months Ended
	Mar. 31, 2020
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]	Activity in the allowance for expected credit loss accounts during the Periods was as follows: (in millions) Allowance for Expected Credit Loss Balance as of January 1, 2019 $ 8 Charges to bad debt expense 2 Write-offs and adjustments (1 ) Balance as of December 31, 2019 $ 9 Charges to bad debt expense 10 Write-offs and adjustments — Balance as of March 31, 2020 $ 19

Other Financial Information (Ta

Other Financial Information (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of other assets and other liabilities	The tables below provide selected financial information from the unaudited Condensed Consolidated Balance Sheets: March 31, December 31, (in millions) 2020 2019 Trade accounts receivable, net: Trade and other accounts receivable $ 1,056 $ 1,124 Allowance for expected credit losses (19 ) (9 ) Total trade accounts receivable, net $ 1,037 $ 1,115 Inventories: Raw materials $ 215 $ 215 WIP 6 8 Finished goods 478 447 Total 699 670 Allowance for excess and obsolete inventories (17 ) (16 ) Total Inventories $ 682 $ 654 Prepaid expenses and other current assets: Other receivables $ 53 $ 65 Customer incentive programs 78 12 Derivative instruments 26 31 Prepaid marketing 30 17 Spare parts 50 49 Assets held for sale (1) 3 165 Income tax receivable 7 4 Other 88 60 Total prepaid expenses and other current assets $ 335 $ 403 Other non-current assets: Customer incentive programs $ 77 $ 33 Marketable securities - trading (2) 31 40 Operating lease right-of-use assets 576 497 Derivative instruments 20 19 Equity securities without readily determinable fair values 1 1 Non-current restricted cash and restricted cash equivalents — 10 Related party notes receivable (3) 1 50 Other 105 98 Total other non-current assets $ 811 $ 748 (1) The decrease was due to the assets included in sale-leaseback transactions that closed during the period. Refer to Note 8 for additional information about the transactions. Remainder of amounts were comprised of property, plant and equipment expected to be sold within the next twelve months. (2) Fair values of marketable securities are determined using quoted market prices from daily exchange traded markets, based on the closing price as of the balance sheet date, and are classified as Level 1. The fair value of marketable securities was $31 million and $40 million as of March 31, 2020 and December 31, 2019 , respectively. (3) Refer to Note 4 for additional information . March 31, December 31, (in millions) 2020 2019 Accrued expenses: Customer rebates & incentives $ 304 $ 362 Accrued compensation 130 183 Insurance reserve 36 39 Accrued interest 164 54 Accrued professional fees 37 31 Other accrued expenses 289 270 Total accrued expenses $ 960 $ 939 Other current liabilities: Dividends payable $ 211 $ 212 Income taxes payable 46 75 Operating lease liability 73 69 Finance lease liability 42 41 Derivative instruments 39 12 Holdback liabilities 25 25 Other 9 11 Total other current liabilities $ 445 $ 445 Other non-current liabilities: Pension and post-retirement liability $ 27 $ 29 Insurance reserves 69 66 Operating lease liability 501 427 Finance lease liability 264 269 Derivative instruments 16 4 Deferred compensation liability 31 40 Other 89 95 Total other non-current liabilities $ 997 $ 930

Segments (Tables)

Segments (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	Information about the Company 's operations by reportable segment is as follows: First Quarter (in millions) 2020 2019 Segment Results – Net sales Coffee Systems $ 973 $ 968 Packaged Beverages 1,217 1,116 Beverage Concentrates 306 304 Latin America Beverages 117 116 Net sales $ 2,613 $ 2,504
Reconciliation of operating profit (loss) from segments to consolidated	First Quarter (in millions) 2020 2019 Segment Results – Income from operations Coffee Systems $ 272 $ 293 Packaged Beverages 189 149 Beverage Concentrates 197 201 Latin America Beverages 27 11 Unallocated corporate costs (219 ) (156 ) Income from operations $ 466 $ 498

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Schedule of disaggregation of revenue	The following table disaggregates the Company 's revenue by portfolio for the first quarter of 2020 and 2019 : (in millions) Coffee Systems Packaged Beverages Beverage Concentrates Latin America Beverages Total For the first quarter of 2020: CSD (1) $ — $ 563 $ 302 $ 82 $ 947 NCB (1) — 562 2 35 599 K-Cup pods (2) 791 — — — 791 Appliances 127 — — — 127 Other 55 92 2 — 149 Net sales $ 973 $ 1,217 $ 306 $ 117 $ 2,613 For the first quarter of 2019: CSD (1) $ — $ 522 $ 298 $ 80 $ 900 NCB (1) — 501 2 36 539 K-Cup pods (2) 793 — — — 793 Appliances 123 — — — 123 Other 52 93 4 — 149 Net sales $ 968 $ 1,116 $ 304 $ 116 $ 2,504 (1) Represents net sales of owned and Allied Brands within our portfolio. (2) Represents net sales from owned brands, partner brands and private label owners. Net sales for partner brands and private label owners are contractual and long term in nature.

Background and Basis of Prese_4

Background and Basis of Presentation Background and Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Amortization of intangibles	$ 33	$ 31
Other amortization expense	32	36	[1]
Amortization of deferred financing fees		4
Amortization of bond fair value adjustment		7
Equity in loss of unconsolidated affiliates	(15)	(15)
Proceeds from sales of property, plant and equipment	201	18
Purchase of intangibles	$ (15)	(2)
Proceeds from stock options exercised		$ 8
[1]	Primarily includes amortization of customer rebates and upfront payments.

Long-term Obligations and Bor_3

Long-term Obligations and Borrowing Arrangements - Long-Term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Long-term debt	$ 12,529	$ 13,174
Long-term Debt, Current Maturities	(98)	(347)
Long-term obligations	12,431	12,827
Senior Notes
Debt Instrument [Line Items]
Long-term debt	11,559	11,802
Long-term Debt, Current Maturities	0	(250)
Line of Credit
Debt Instrument [Line Items]
Long-term debt	1,970	1,372
Long-term Debt, Current Maturities	(98)	(97)
2019 KDP Term Loan | Line of Credit
Debt Instrument [Line Items]
Long-term debt	$ 970	$ 1,372

Long-term Obligations and Bor_4

Long-term Obligations and Borrowing Arrangements - Current Debt (Details) - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Short-term Debt [Line Items]
Current portion of long-term debt		$ 98	$ 347
Short-term borrowings and current portion of long-term obligations		1,957	1,593
Commercial Paper
Short-term Debt [Line Items]
Short-term debt		859	1,246
Nonrecurring
Short-term Debt [Line Items]
Short-term borrowings and current portion of long-term obligations, fair value		1,957	1,593
Level 2 | Nonrecurring | Commercial Paper
Short-term Debt [Line Items]
Short-term debt fair value		859	1,246
Senior Notes
Short-term Debt [Line Items]
Current portion of long-term debt		0	250
Senior Notes | Level 2 | Nonrecurring
Short-term Debt [Line Items]
Current portion of long-term debt, fair value		0	250
Line of Credit
Short-term Debt [Line Items]
Current portion of long-term debt		98	97
Line of Credit | Level 2 | Nonrecurring
Short-term Debt [Line Items]
Current portion of long-term debt, fair value		98	97
KDP Revolver | Line of Credit
Short-term Debt [Line Items]
Long-term Line of Credit	[1]	1,000	0
KDP Revolver | Line of Credit | Level 2
Short-term Debt [Line Items]
Long-term Line of Credit	[1]	1,000	0
KDP Credit Agreement | KDP Revolver | Line of Credit
Short-term Debt [Line Items]
Long-term Line of Credit		$ 1,000	0
KDP Credit Agreement | KDP Revolver | Line of Credit | Level 2
Short-term Debt [Line Items]
Long-term Line of Credit			$ 0
[1]	The KDP Revolver has $200 million letters of credit availability and none utilized as of March 31, 2020 .

Long-term Obligations and Bor_5

Long-term Obligations and Borrowing Arrangements - Senior Unsecured Notes (Details) - USD ($) $ in Millions	Mar. 31, 2020		Dec. 31, 2019
Debt Instrument [Line Items]
Long-term debt	$ 12,529		$ 13,174
Senior Notes
Debt Instrument [Line Items]
Long term debt, carrying value	11,725		11,975
Unamortized discounts and debt issuance costs	(166)		(173)
Long-term debt	$ 11,559		11,802
Senior Notes | 2020 Notes(1)
Debt Instrument [Line Items]
Interest rate	2.00%
Long term debt, carrying value	$ 0	[1]	250
Senior Notes | 2021 Merger Notes
Debt Instrument [Line Items]
Interest rate	3.551%
Long term debt, carrying value	$ 1,750		1,750
Senior Notes | 2021-A Notes
Debt Instrument [Line Items]
Interest rate	3.20%
Long term debt, carrying value	$ 250		250
Senior Notes | 2021-B Notes
Debt Instrument [Line Items]
Interest rate	2.53%
Long term debt, carrying value	$ 250		250
Senior Notes | 2022 Notes
Debt Instrument [Line Items]
Interest rate	2.70%
Long term debt, carrying value	$ 250		250
Senior Notes | 2023 Merger Notes
Debt Instrument [Line Items]
Interest rate	4.057%
Long term debt, carrying value	$ 2,000		2,000
Senior Notes | 2023 Notes
Debt Instrument [Line Items]
Interest rate	3.13%
Long term debt, carrying value	$ 500		500
Senior Notes | 2025 Merger Notes
Debt Instrument [Line Items]
Interest rate	4.417%
Long term debt, carrying value	$ 1,000		1,000
Senior Notes | 2025 Notes
Debt Instrument [Line Items]
Interest rate	3.40%
Long term debt, carrying value	$ 500		500
Senior Notes | 2026 Notes
Debt Instrument [Line Items]
Interest rate	2.55%
Long term debt, carrying value	$ 400		400
Senior Notes | 2027 Notes
Debt Instrument [Line Items]
Interest rate	3.43%
Long term debt, carrying value	$ 500		500
Senior Notes | 2028 Merger Notes
Debt Instrument [Line Items]
Interest rate	4.597%
Long term debt, carrying value	$ 2,000		2,000
Senior Notes | 2038 Merger Notes
Debt Instrument [Line Items]
Interest rate	4.985%
Long term debt, carrying value	$ 500		500
Senior Notes | 2038 Notes
Debt Instrument [Line Items]
Interest rate	7.45%
Long term debt, carrying value	$ 125		125
Senior Notes | 2045 Notes
Debt Instrument [Line Items]
Interest rate	4.50%
Long term debt, carrying value	$ 550		550
Senior Notes | 2046 Notes
Debt Instrument [Line Items]
Interest rate	4.42%
Long term debt, carrying value	$ 400		400
Senior Notes | 2048 Merger Notes
Debt Instrument [Line Items]
Interest rate	5.085%
Long term debt, carrying value	$ 750		750
Level 2 | Nonrecurring | Senior Notes
Debt Instrument [Line Items]
Long-term debt, fair value	12,358		12,898
Level 2 | Nonrecurring | Senior Notes | 2020 Notes(1)
Debt Instrument [Line Items]
Long-term debt, fair value	0	[1]	250
Level 2 | Nonrecurring | Senior Notes | 2021 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	1,766		1,785
Level 2 | Nonrecurring | Senior Notes | 2021-A Notes
Debt Instrument [Line Items]
Long-term debt, fair value	250		254
Level 2 | Nonrecurring | Senior Notes | 2021-B Notes
Debt Instrument [Line Items]
Long-term debt, fair value	247		251
Level 2 | Nonrecurring | Senior Notes | 2022 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	247		251
Level 2 | Nonrecurring | Senior Notes | 2023 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	2,075		2,110
Level 2 | Nonrecurring | Senior Notes | 2023 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	504		514
Level 2 | Nonrecurring | Senior Notes | 2025 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	1,059		1,090
Level 2 | Nonrecurring | Senior Notes | 2025 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	507		521
Level 2 | Nonrecurring | Senior Notes | 2026 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	387		400
Level 2 | Nonrecurring | Senior Notes | 2027 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	503		520
Level 2 | Nonrecurring | Senior Notes | 2028 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	2,184		2,253
Level 2 | Nonrecurring | Senior Notes | 2038 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	559		587
Level 2 | Nonrecurring | Senior Notes | 2038 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	187		167
Level 2 | Nonrecurring | Senior Notes | 2045 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	580		605
Level 2 | Nonrecurring | Senior Notes | 2046 Notes
Debt Instrument [Line Items]
Long-term debt, fair value	417		435
Level 2 | Nonrecurring | Senior Notes | 2048 Merger Notes
Debt Instrument [Line Items]
Long-term debt, fair value	$ 886		$ 905
[1]	On January 15, 2020, the Company repaid the 2020 Notes at maturity, using commercial paper notes.

Long-term Obligations and Bor_6

Long-term Obligations and Borrowing Arrangements - Borrowing Arrangements (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt		$ (2)	$ (9)
Long-term debt		12,529		$ 13,174
2019 KDP Term Loan [Member]
Debt Instrument [Line Items]
Voluntary Prepayment of KDP Term Loan		380
Long term debt, carrying value	[1]			1,380
364 Day Credit Agreement [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		750
Long-term Line of Credit		0		0
KDP Credit Agreement
Debt Instrument [Line Items]
Unamortized discounts and debt issuance costs		(5)		(8)
Line of Credit
Debt Instrument [Line Items]
Long term debt, carrying value		1,975		1,380
Long-term debt		1,970		1,372
Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		200
Letters of credit outstanding		0
Letter of Credit | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		100
Letters of credit outstanding		44
KDP Revolver
Debt Instrument [Line Items]
Maximum borrowing capacity	[2]	1,400
KDP Revolver | Line of Credit
Debt Instrument [Line Items]
Long-term Line of Credit	[2]	1,000		0
KDP Revolver | Line of Credit | KDP Credit Agreement
Debt Instrument [Line Items]
Long-term Line of Credit		1,000		0
Level 2 | 2019 KDP Term Loan [Member]
Debt Instrument [Line Items]
Long term debt, carrying value	[1]	975
Long-term debt, fair value	[1]	975		1,380
Level 2 | 364 Day Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term Line of Credit		0		0
Level 2 | Line of Credit
Debt Instrument [Line Items]
Long-term debt, fair value		1,975		1,380
Level 2 | KDP Revolver | Line of Credit
Debt Instrument [Line Items]
Long-term Line of Credit	[2]	1,000		0
Level 2 | KDP Revolver | Line of Credit | KDP Credit Agreement
Debt Instrument [Line Items]
Long-term Line of Credit				$ 0
Voluntary Prepayments [Member] | 2019 KDP Term Loan [Member]
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt		$ 2
[1]	The Company borrowed $380 million of commercial paper to voluntarily prepay a portion of its outstanding obligations under the 2019 KDP Term Loan. As a result of these voluntary prepayments, the Company recorded a $2 million loss on early extinguishment during the first quarter of 2020
[2]	The KDP Revolver has $200 million letters of credit availability and none utilized as of March 31, 2020 .

Long-term Obligations and Bor_7

Long-term Obligations and Borrowing Arrangements - Commercial Paper Program (Details) - Commercial Paper - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Short-term Debt [Line Items]
Average outstanding amount	$ 1,670	$ 1,748
Weighted average interest rate over time	1.85%	2.90%

Long-term Obligations and Bor_8

Long-term Obligations and Borrowing Arrangements - Letter of Credit Facilities (Details) - Letter of Credit $ in Millions	Mar. 31, 2020USD ($)
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 200
Letters of credit outstanding	0
Line of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	100
Letters of credit outstanding	44
Remaining borrowing capacity	$ 56

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Goodwill (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Change in goodwill by operating segments [Abstract]
Balance as of January 1, 2020	$ 20,172
Foreign currency impact	(280)
Acquisitions	6
Balance as of March 31, 2020	19,898
Beverage Concentrates
Change in goodwill by operating segments [Abstract]
Balance as of January 1, 2020	4,526
Foreign currency impact	(37)
Acquisitions	0
Balance as of March 31, 2020	4,489
Packaged Beverages
Change in goodwill by operating segments [Abstract]
Balance as of January 1, 2020	5,301
Foreign currency impact	(57)
Acquisitions	6
Balance as of March 31, 2020	5,250
Latin America Beverages
Change in goodwill by operating segments [Abstract]
Balance as of January 1, 2020	570
Foreign currency impact	(112)
Acquisitions	0
Balance as of March 31, 2020	458
Coffee Systems
Change in goodwill by operating segments [Abstract]
Balance as of January 1, 2020	9,775
Foreign currency impact	(74)
Acquisitions	0
Balance as of March 31, 2020	$ 9,701

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Intangible Assets (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Change in intangible assets other than goodwill [Abstract]
Indefinite-lived intangible assets (excluding goodwill)		$ 22,187		$ 22,565
Finite-lived intangible assets, gross		1,967		1,970
Accumulated Amortization		(448)		(418)
Finite-lived intangible assets, net		1,519		1,552
Amortization expense for intangible assets with definite lives		33	$ 31
Amortization expense of intangible assets [Abstract]
Remainder of year		100
Year one		133
Year two		133
Year three		132
Year four		123
Year five		111
Acquired technology
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		1,146		1,146
Accumulated Amortization		(273)		(255)
Finite-lived intangible assets, net		873		891
Customer relationships
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		632		638
Accumulated Amortization		(109)		(102)
Finite-lived intangible assets, net		523		536
Trade Names
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		126		128
Accumulated Amortization		(58)		(55)
Finite-lived intangible assets, net		68		73
Brands
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		15		10
Accumulated Amortization		(2)		(2)
Finite-lived intangible assets, net		13		8
Distribution rights
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		24		24
Accumulated Amortization		(2)		(1)
Finite-lived intangible assets, net		22		23
Contractual arrangements
Change in intangible assets other than goodwill [Abstract]
Finite-lived intangible assets, gross		24		24
Accumulated Amortization		(4)		(3)
Finite-lived intangible assets, net		20		21
Brands
Indefinite and Finite-Lived Intangible Assets by Major Class [Line Items]
Indefinite-lived Intangible Assets, Foreign Currency Translation Gain (Loss)		(379)
Change in intangible assets other than goodwill [Abstract]
Indefinite-lived intangible assets (excluding goodwill)	[1]	19,569		19,948
Trade Names
Change in intangible assets other than goodwill [Abstract]
Indefinite-lived intangible assets (excluding goodwill)		2,479		122
Contractual arrangements
Change in intangible assets other than goodwill [Abstract]
Indefinite-lived intangible assets (excluding goodwill)		120		2,479
Distribution rights
Change in intangible assets other than goodwill [Abstract]
Indefinite-lived intangible assets (excluding goodwill)		$ 19		$ 16
[1]	The decrease of $379 million in brands with indefinite lives was due to foreign currency translation during the first quarter of 2020 .

Acquisitions and Investments _3

Acquisitions and Investments in Unconsolidated Affiliates - Investments In Unconsolidated Affiliates (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated affiliates	$ 105	$ 151
Impairment of notes receivable from related parties	55
Impairment of investment in unconsolidated affiliate	$ 31
BA Sports Nutrition LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	12.50%
Investments in unconsolidated affiliates	$ 51	52
Bedford
Schedule of Equity Method Investments [Line Items]
Ownership percentage	30.00%
Investments in unconsolidated affiliates	$ 1	46
Dyla LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	12.40%
Investments in unconsolidated affiliates	$ 13	13
Force Holding LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage	33.30%
Investments in unconsolidated affiliates	$ 5	5
Beverage startup companies
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated affiliates	30	30
Other
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated affiliates	5	$ 5
Line Of Credit Agreement [Member] | Bedford
Schedule of Equity Method Investments [Line Items]
Line of credit receivable, maximum borrowing capacity	$ 51
Line of credit receivable, interest rate	8.10%

Restructuring and Integration_3

Restructuring and Integration Costs - Schedule of Charges Incurred (Details) - USD ($) $ in Millions	3 Months Ended		21 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020
Restructuring Cost and Reserve [Line Items]
Total restructuring and integration charges	$ 53	$ 61	$ 440
Keurig 2.0 exit
Restructuring Cost and Reserve [Line Items]
Total restructuring and integration charges	0	1
Integration program
Restructuring Cost and Reserve [Line Items]
Total restructuring and integration charges	$ 53	$ 60

Restructuring and Integration_4

Restructuring and Integration Costs - Restructuring Liabilities (Details) - Workforce Reduction Costs $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Restructuring Reserve [Roll Forward]
Balance at beginning of period	$ 15
Charges to expense	12
Cash payments	(2)
Non-cash adjustment items	(2)
Balance at end of period	$ 23

Restructuring and Integration_5

Restructuring and Integration Costs - Restructuring Programs (Details) - USD ($) $ in Millions	3 Months Ended		21 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020
Restructuring Cost and Reserve [Line Items]
Expected annual synergies	$ 600
Expected cost	750		$ 750
Restructuring and integration charges	53	$ 61	$ 440
Integration program
Restructuring Cost and Reserve [Line Items]
Restructuring and integration charges	$ 53	$ 60

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Effective income tax rate	23.90%	27.00%

Derivatives - Notional and Matu

Derivatives - Notional and Maturity Information (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Dec. 31, 2019
Receive-Fixed, Pay-Variable Interest Rate Swaps
Derivative [Line Items]
Notional amount terminated early during the period		$ 50
Cash received from early termination of derivatives		18
Receive-Fixed, Pay-Variable Interest Rate Swaps | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amounts of derivative instruments	[1]	0	$ 50
Receive-Variable Pay-Fixed Interest Rate Swaps
Derivative [Line Items]
Notional amount terminated early during the period		575
Cash received from early termination of derivatives		2
Receive-Variable Pay-Fixed Interest Rate Swaps | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amounts of derivative instruments	[2]	450	575
Foreign Exchange Forward | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amounts of derivative instruments		471	523
Commodity Contract | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amounts of derivative instruments		$ 317	$ 150
[1]	During the first quarter of 2020 , the Company elected to terminate $50 million notional amount of receive-fixed, pay-variable interest rate swaps and received cash of $18 million .
[2]	During the first quarter of 2020 , the Company elected to terminate $575 million notional amount of receive-variable, pay-fixed interest rate swaps and received cash of $2 million .

Derivatives - Fair Value (Detai

Derivatives - Fair Value (Details) - Recurring - Level 2 - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Interest Rate Contract | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	$ 2	$ 0
Interest Rate Contract | Not Designated as Hedging Instrument | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative asset	0	1
Interest Rate Contract | Not Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Derivative asset	0	18
Interest Rate Contract | Not Designated as Hedging Instrument | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	3	0
Foreign Exchange Forward | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	0	2
Foreign Exchange Forward | Not Designated as Hedging Instrument | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative asset	19	0
Foreign Exchange Forward | Not Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Derivative asset	14	0
Foreign Exchange Forward | Not Designated as Hedging Instrument | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	0	3
Commodity Contract | Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	37	10
Commodity Contract | Not Designated as Hedging Instrument | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative asset	7	30
Commodity Contract | Not Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Derivative asset	6	1
Commodity Contract | Not Designated as Hedging Instrument | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Derivative liability	$ 13	$ 1

Derivatives - Impact on Net Inc

Derivatives - Impact on Net Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Foreign Exchange Forward | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income		$ 2
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	$ 26	11
Not Designated as Hedging Instrument | Commodity Contract | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	17	15
Not Designated as Hedging Instrument | Commodity Contract | SG&A expenses
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	45	(14)
Not Designated as Hedging Instrument | Interest Rate Contract | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	4	2
Not Designated as Hedging Instrument | Foreign Exchange Forward | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	(23)
Not Designated as Hedging Instrument | Foreign Exchange Forward | Other expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recognized in Income	$ (17)	$ 6

Leases (Details)

Leases (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Jan. 10, 2020	Jan. 06, 2020	Dec. 31, 2019
Lease, Cost [Abstract]
Operating lease cost		$ 28	$ 20
Amortization of right-of-use assets		11	10
Interest on lease liabilities		4	4
Variable lease cost(1)	[1]	6	6
Short-term lease cost		0	1
Sublease Income		(1)	0
Total lease cost		48	41
Cash Flow, Operating Activities, Lessee [Abstract]
Operating cash flows from operating leases		26	18
Operating cash flows from finance leases		4	4
Cash Flow, Financing Activities, Lessee [Abstract]
Financing cash flows from finance leases		$ 13	$ 10
Lessee, Operating Lease, Description [Abstract]
Operating Lease, Weighted Average Discount Rate, Percent		4.70%				4.60%
Operating Lease, Weighted Average Remaining Lease Term		11 years				8 years
Lessee, Finance Lease, Description [Abstract]
Finance Lease, Weighted Average Discount Rate, Percent		5.00%				5.40%
Finance Lease, Weighted Average Remaining Lease Term		12 years				12 years
Operating Lease Liabilities, Payments Due [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year		$ 60
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months		85
Lessee, Operating Lease, Liability, Payments, Due Year Two		74
Lessee, Operating Lease, Liability, Payments, Due Year Three		66
Lessee, Operating Lease, Liability, Payments, Due Year Four		64
Lessee, Operating Lease, Liability, Payments, Due Year Five		57
Lessee, Operating Lease, Liability, Payments, Due after Year Five		326
Lessee, Operating Lease, Liability, Payments, Due		732
Lessee, Operating Lease, Liability, Undiscounted Excess Amount		(157)
Operating Lease, Liability		575
Finance Lease Liabilities, Payments, Due [Abstract]
Finance Lease, Liability, Payments, Remainder of Fiscal Year		41
Finance Lease, Liability, Payments, Due Next Twelve Months		44
Finance Lease, Liability, Payments, Due Year Two		39
Finance Lease, Liability, Payments, Due Year Three		38
Finance Lease, Liability, Payments, Due Year Four		36
Finance Lease, Liability, Payments, Due Year Five		32
Finance Lease, Liability, Payments, Due after Year Five		165
Finance Lease, Liability, Payments, Due		395
Finance Lease, Liability, Undiscounted Excess Amount		(89)
Finance Lease, Liability		306
Lessee, Lease, Description [Line Items]
Leases not yet commenced, estimated obligation		$ 610
Minimum
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term		7 years
Maximum
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term		20 years
Manufacturing Plants
Lessee, Lease, Description [Line Items]
Sale Leaseback Transaction, Net Proceeds, Investing Activities		$ 150
Sale Leaseback Transaction, Net Book Value					$ 131
Sale and Leaseback Transaction, Gain (Loss), Net		19
Distribution Centers
Lessee, Lease, Description [Line Items]
Sale Leaseback Transaction, Net Proceeds, Investing Activities		50
Sale Leaseback Transaction, Net Book Value				$ 27
Sale and Leaseback Transaction, Gain (Loss), Net		$ 23
[1]	Variable lease cost primarily consists of common area maintenance costs, property taxes, and adjustments for inflation.

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Basic EPS:
Net income	$ 156	$ 230
Weighted average common shares outstanding (in shares)	1,407	1,406.3
Earnings per common share - basic (in dollars per share)	$ 0.11	$ 0.16
Diluted EPS:
Weighted average common shares outstanding (in shares)	1,407	1,406.3
Effect of dilutive securities:
Weighted average common shares outstanding and common stock equivalents (in shares)	1,420.1	1,417.7
Earnings per common share - diluted (in dollars per share)	$ 0.11	$ 0.16
Anti-dilutive shares excluded from the diluted weighted average shares outstanding calculation (in shares)	0.3	0
Stock options
Effect of dilutive securities:
Effect of dilutive securities (in shares)	0.4	0.8
RSUs
Effect of dilutive securities:
Effect of dilutive securities (in shares)	12.7	10.6

Stock Based Compensation (Detai

Stock Based Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Total stock-based compensation expense	$ 19	$ 14
Income tax benefit recognized in the Statements of Income	(4)	(3)
Stock-based compensation expense, net of tax	$ 15	$ 11
RSUs
RSUs
Outstanding as of beginning of the period (in shares)	21,492,786
Granted (in shares)	5,597,154
Vested and released (in shares)	(25,082)
Forfeited (in shares)	(390,712)
Outstanding as of end of the period (in shares)	26,674,146
Unrecognized compensation costs related to nonvested awards	$ 351
Weighted average recognition period of unrecognized compensation costs	3 years 11 months 19 days
Weighted Average Grant Date Fair Value
Outstanding as of the beginning of the period (in dollars per share)	$ 18.14
Granted (in dollars per share)	22.99
Vested and released (in dollars per share)	24.80
Forfeited (in dollars per share)	21.63
Outstanding as of the end of the period (in dollars per share)	$ 19.10
Weighted Average Remaining Contractual Term (Years)
Outstanding	2 years 7 months 6 days	2 years 7 months 6 days
Aggregate Intrinsic Value (in millions)
Outstanding as of the beginning of the period	$ 622
Vested and released	1
Outstanding as of the end of the period	$ 647

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Total equity at beginning of period	$ 23,257	$ 22,533
Net current period other comprehensive income	(584)	93
Total equity at end of period	22,640	22,674
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Total equity at beginning of period	104	(130)
Other comprehensive income	(584)	93
Net current period other comprehensive income	(584)	93
Total equity at end of period	(480)	(37)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Total equity at beginning of period	104	(126)
Other comprehensive income	(583)	93
Total equity at end of period	(479)	(33)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Total equity at beginning of period	0	(4)
Other comprehensive income	(1)	0
Total equity at end of period	$ (1)	$ (4)

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Reconciliation of Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (Details) - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents		$ 197	$ 75
Restricted cash and restricted cash equivalents	[1]	26	26
Non-current restricted cash and restricted cash equivalents included in Other non-current assets		0	10
Total cash, cash equivalents, restricted cash and restricted cash equivalents shown in the unaudited Condensed Consolidated Statement of Cash Flows		$ 223	$ 111	$ 139	$ 139
[1]	Restricted cash and cash equivalents primarily represent amounts held in escrow in connection with the Core Acquisition , Bai Acquisition and Big Red Acquisition . Amounts held in escrow are expected to be released within one year.

Trade Accounts Receivable, Ne_3

Trade Accounts Receivable, Net (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning balance	$ 9	$ 8
Charges to bad debt expense	10	2
Write-offs and adjustments	0	(1)
Ending balance	$ 19	$ 9

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Supplemental cash flow disclosures:
Measurement period adjustment of Core purchase price		$ 0	$ (11)
Capital expenditures included in accounts payable and accrued expenses		177	154
Dividends declared but not yet paid		211	211
Capital Lease Obligations Incurred		10	7
Cash paid for interest	[1]	0	64
Cash paid for income taxes		$ 81	$ 25
[1]	Cash paid for interest includes amounts paid and received related to the Company's interest rate swap contracts and the termination of such contracts. Refer to Note 7 for additional information .

Other Financial Information (De

Other Financial Information (Details) - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Accounts Receivable, Net [Abstract]
Trade and other accounts receivable		$ 1,056	$ 1,124
Allowance for expected credit losses		(19)	(9)
Total trade accounts receivable, net		1,037	1,115
Inventory Disclosure [Abstract]
Raw materials		215	215
WIP		6	8
Finished goods		478	447
Total		682	654
Inventory, Gross		699	670
Inventory Valuation Reserves		17	16
Prepaid expenses and other current assets:
Other receivables		53	65
Customer incentive programs		78	12
Derivative instruments		26	31
Prepaid marketing		30	17
Spare parts		50	49
Assets held for sale(1)	[1]	3	165
Income tax receivable		7	4
Other		88	60
Prepaid expenses and other current assets		335	403
Other non-current assets:
Customer incentive programs		77	33
Marketable securities - trading	[2]	31	40
Operating lease right-of-use assets		576	497
Derivative instruments		20	19
Equity securities without readily determinable fair values		1	1
Non-current restricted cash and restricted cash equivalents		0	10
Related party notes receivable	[3]	1	50
Other		105	98
Total other non-current assets		811	748
Accrued expenses:
Customer rebates & incentives		304	362
Accrued compensation		130	183
Insurance reserve		36	39
Interest accrual		164	54
Accrued professional fees		37	31
Other accrued expenses		289	270
Total accrued expenses		960	939
Other current liabilities:
Dividends payable		211	212
Income taxes payable		46	75
Operating lease liability		73	69
Finance lease liability		42	41
Derivative instruments		39	12
Holdback liabilities		25	25
Other		9	11
Total other current liabilities		445	445
Other non-current liabilities:
Long-term pension and postretirement liability		27	29
Insurance reserves		69	66
Operating lease liability		501	427
Finance lease liability		264	269
Derivative instruments		16	4
Deferred compensation liability		31	40
Other		89	95
Other non-current liabilities		997	930
Suppliers Utilizing Third Party Services
Other Financial Information [Line Items]
Accounts payable		$ 2,322	$ 2,097
[1]	The decrease was due to the assets included in sale-leaseback transactions that closed during the period. Refer to Note 8 for additional information about the transactions. Remainder of amounts were comprised of property, plant and equipment expected to be sold within the next twelve months.
[2]	Fair values of marketable securities are determined using quoted market prices from daily exchange traded markets, based on the closing price as of the balance sheet date, and are classified as Level 1. The fair value of marketable securities was $31 million and $40 million as of March 31, 2020 and December 31, 2019 , respectively.
[3]	Refer to Note 4 for additional information .

Segments - Schedules of Results

Segments - Schedules of Results (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Results – Income from operations
Net sales	$ 2,613	$ 2,504
Income from operations	466	498
Beverage Concentrates
Segment Results – Income from operations
Net sales	306	304
Packaged Beverages
Segment Results – Income from operations
Net sales	1,217	1,116
Latin America Beverages
Segment Results – Income from operations
Net sales	117	116
Coffee Systems
Segment Results – Income from operations
Net sales	973	968
Operating Segments | Beverage Concentrates
Segment Results – Income from operations
Income from operations	197	201
Operating Segments | Packaged Beverages
Segment Results – Income from operations
Income from operations	189	149
Operating Segments | Latin America Beverages
Segment Results – Income from operations
Income from operations	27	11
Operating Segments | Coffee Systems
Segment Results – Income from operations
Income from operations	272	293
Corporate Unallocated
Segment Results – Income from operations
Income from operations	$ (219)	$ (156)

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Net sales		$ 2,613	$ 2,504
CSD
Disaggregation of Revenue [Line Items]
Net sales	[1]	947	900
NCB
Disaggregation of Revenue [Line Items]
Net sales	[1]	599	539
Pods
Disaggregation of Revenue [Line Items]
Net sales	[2]	791	793
Appliances
Disaggregation of Revenue [Line Items]
Net sales		127	123
Other
Disaggregation of Revenue [Line Items]
Net sales		149	149
Beverage Concentrates
Disaggregation of Revenue [Line Items]
Net sales		306	304
Beverage Concentrates | CSD
Disaggregation of Revenue [Line Items]
Net sales	[1]	302	298
Beverage Concentrates | NCB
Disaggregation of Revenue [Line Items]
Net sales	[1]	2	2
Beverage Concentrates | Pods
Disaggregation of Revenue [Line Items]
Net sales	[2]	0	0
Beverage Concentrates | Appliances
Disaggregation of Revenue [Line Items]
Net sales		0	0
Beverage Concentrates | Other
Disaggregation of Revenue [Line Items]
Net sales		2	4
Packaged Beverages
Disaggregation of Revenue [Line Items]
Net sales		1,217	1,116
Packaged Beverages | CSD
Disaggregation of Revenue [Line Items]
Net sales	[1]	563	522
Packaged Beverages | NCB
Disaggregation of Revenue [Line Items]
Net sales	[1]	562	501
Packaged Beverages | Pods
Disaggregation of Revenue [Line Items]
Net sales	[2]	0	0
Packaged Beverages | Appliances
Disaggregation of Revenue [Line Items]
Net sales		0	0
Packaged Beverages | Other
Disaggregation of Revenue [Line Items]
Net sales		92	93
Latin America Beverages
Disaggregation of Revenue [Line Items]
Net sales		117	116
Latin America Beverages | CSD
Disaggregation of Revenue [Line Items]
Net sales	[1]	82	80
Latin America Beverages | NCB
Disaggregation of Revenue [Line Items]
Net sales	[1]	35	36
Latin America Beverages | Pods
Disaggregation of Revenue [Line Items]
Net sales	[2]	0	0
Latin America Beverages | Appliances
Disaggregation of Revenue [Line Items]
Net sales		0	0
Latin America Beverages | Other
Disaggregation of Revenue [Line Items]
Net sales		0	0
Coffee Systems
Disaggregation of Revenue [Line Items]
Net sales		973	968
Coffee Systems | CSD
Disaggregation of Revenue [Line Items]
Net sales	[1]	0	0
Coffee Systems | NCB
Disaggregation of Revenue [Line Items]
Net sales	[1]	0	0
Coffee Systems | Pods
Disaggregation of Revenue [Line Items]
Net sales	[2]	791	793
Coffee Systems | Appliances
Disaggregation of Revenue [Line Items]
Net sales		127	123
Coffee Systems | Other
Disaggregation of Revenue [Line Items]
Net sales		$ 55	$ 52
[1]	Represents net sales of owned and Allied Brands within our portfolio.
[2]	Represents net sales from owned brands, partner brands and private label owners. Net sales for partner brands and private label owners are contractual and long term in nature.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Apr. 14, 2020	Apr. 13, 2020	Mar. 31, 2020
Subsequent Event [Member]
Subsequent Event [Line Items]
Repayments of Lines of Credit		$ 1,000
Repayments of Commercial Paper		481
2030 Notes [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Principal amount of debt issuance		$ 750
Interest rate		3.20%
2050 Notes [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Principal amount of debt issuance		$ 750
Interest rate		3.80%
April 2020 Issuance [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Principal amount of debt issuance		$ 1,500
Debt Instrument, Unamortized Discount		$ 6
364 Day Credit Agreement [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity			$ 750
2020 Credit Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	$ 1,500
London Interbank Offered Rate (LIBOR) [Member] | Minimum | 2020 Credit Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
London Interbank Offered Rate (LIBOR) [Member] | Maximum | 2020 Credit Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Base Rate [Member] | Minimum | 2020 Credit Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Base Rate [Member] | Maximum | 2020 Credit Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%

Uncategorized Items - kdp-10qx3

Label	Element	Value
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets	us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1	$ (5,000,000)
Retained Earnings [Member]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets	us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1	$ (5,000,000)