Pros
Massive global company allowing tremendous opportunity for exposure to business all over the world...as long as management likes you. Decent benefits (although, not at all like when I was there. I have a pension, luckily, which has been discontinued.)
Cons
Right now, they're going through the biggest cultural change ever. And it shows in the low morale. Continuing to reduce salaries and benefits. No longer a truly great place to work. People used to want to kill to work there. Now all people care about is that they think Coke is poisoning the world with sugar. Not enough innovation to find new products that the public actually wants to drink. Pours too much money into marketing red can Coke (the one with all the sugar) and not enough into developing (or buying companies that already have developed) low calorie or calorie free drinks that people want to consume. Nickname for leaders is "old white suits". In their defense, that is changing, although very slowly. Lots of opportunity - but you get it only if the person above you likes you - not necessarily based on your skills. It's no longer a family like it truly once was. It's why I retired early.