The Coca-Cola Company(NYSE:KO) 
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant?based beverages; tea and coffee; and energy drinks. It also offers bever...
Website: http://www.coca-colacompany.com
Founded: 1892
Full Time Employees: 79,000 (Dec 2021)
CEO: James Quincey
Sector: Consumer Defensive
Industry: Beverages-Non-Alcoholic
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At a glance:
- Global Beverage Dominance & Portfolio Expansion: Coca-Cola maintains its position as a leading global beverage company, actively diversifying its portfolio beyond sparkling soft drinks into categories like hydration, coffee, tea, and energy drinks to meet evolving consumer preferences.
- Resilient Asset-Light Business Model: The company's strategic refranchising of bottling operations has solidified its asset-light model, focusing on brand building and concentrate sales, supported by an unparalleled global distribution network.
- Consistent Financial Performance & Shareholder Value: Coca-Cola consistently delivers strong financial results, characterized by robust revenue growth, healthy margins, and a long history of increasing dividends, reflecting its commitment to shareholder returns.
- Innovation & Sustainability Focus: Driving innovation in product development, packaging, and digital engagement, while also prioritizing sustainability initiatives across its value chain, from water stewardship to circular packaging solutions.
Bull Thesis:
- Unrivaled Global Brand Strength and Distribution: Coca-Cola possesses one of the most recognized and valuable brands globally, supported by an extensive and efficient distribution network that ensures product availability in virtually every market worldwide, providing a significant competitive moat and pricing power.
- Successful Portfolio Diversification Beyond Sugary Sodas: The company has effectively diversified its product portfolio to include a wide range of beverages like water, juices, coffee, tea, and sports drinks, reducing reliance on carbonated soft drinks and aligning with evolving consumer preferences for healthier options.
- Consistent Shareholder Returns and Dividend Growth: Coca-Cola is a Dividend King with over 60 consecutive years of dividend increases, making it a highly attractive investment for income-focused shareholders and demonstrating robust financial health and commitment to returning capital.
- Significant Growth Potential in Emerging Markets: Despite its global presence, substantial growth opportunities remain in emerging economies where per capita consumption of beverages is lower and populations are growing, allowing for continued expansion and market penetration.
Bear Thesis:
- Shifting Consumer Preferences and Health Concerns: Growing global awareness of the health risks associated with high sugar consumption continues to pressure sales of traditional sugary sodas, leading to potential regulatory challenges (e.g., sugar taxes) and requiring constant adaptation to healthier trends.
- Intense Competition and Market Saturation: The beverage industry is highly competitive, with numerous global and local players vying for market share. In many developed markets, the beverage sector is mature, limiting organic growth opportunities and increasing the cost of customer acquisition.
- Exposure to Currency Fluctuations and Geopolitical Risks: As a multinational corporation with significant international operations, Coca-Cola's financial performance is susceptible to adverse currency exchange rate movements and geopolitical instability in various regions, impacting reported revenues and profits.
- Supply Chain Vulnerabilities and Rising Input Costs: The company faces ongoing challenges from potential supply chain disruptions and volatility in commodity prices (e.g., sugar, aluminum, PET plastic), which can lead to increased production costs and pressure on profit margins.
Main Competitors:
- PepsiCo ($PEP) (Pepsi, Lay's, Gatorade), The most direct and significant competitor, vying for market share in carbonated soft drinks, juices, bottled water, and sports drinks. PepsiCo also competes for consumer spending with its extensive snack food portfolio, indirectly impacting Coca-Cola's share of stomach.
- Keurig Dr Pepper ($KDP) (Dr Pepper, Sunkist, Green Mountain Coffee Roasters), Competes in various beverage categories including carbonated soft drinks (Dr Pepper, Sunkist), juices, and especially in the at-home coffee market with its Keurig brewing systems and coffee brands, offering alternatives to Coca-Cola's beverage portfolio.
- Nestlé S.A. ($NSRGY) (Nescafé, Perrier, San Pellegrino, Nestea), A global food and beverage giant that competes with Coca-Cola across numerous non-alcoholic beverage categories, including bottled water, ready-to-drink coffee and tea, and juices, often targeting similar consumer segments and distribution channels worldwide.
- Monster Beverage Corporation ($MNST) (Monster Energy), A dominant player in the high-growth energy drink category. While Coca-Cola has a distribution agreement with Monster, Monster remains a competitor for shelf space and consumer preference in the stimulating beverage market, a segment where Coca-Cola also seeks to grow its own brands.
Moat:
The Coca-Cola Company's competitive moat is primarily built on its unparalleled global brand recognition, extensive distribution network, and the sheer scale of its operations, which allow for significant economies of scale in production and marketing. Its vast portfolio of beverages beyond its flagship cola also provides diversification. Competition is intense across all beverage categories, driven by established global giants, regional players, and emerging brands. Key competitive pressures include evolving consumer preferences towards healthier options, the rise of functional beverages, and the constant battle for shelf space and consumer attention in a highly fragmented market.
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-12-31 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-31 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-07-01 | 2016-04-01 | 2015-12-31 | 2015-10-02 | 2015-07-03 | 2015-04-03 | 2014-12-31 | 2014-09-26 | 2014-06-27 | 2014-03-28 | 2013-12-31 | 2013-09-27 | 2013-06-28 | 2013-03-29 | 2012-12-31 | 2012-09-28 | 2012-06-29 | 2012-03-30 | 2011-12-31 | 2011-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net operating revenues | 12,472,000,000 | 11,822,000,000 | 12,455,000,000 | 12,535,000,000 | 11,129,000,000 | 11,544,000,000 | 11,854,000,000 | 12,363,000,000 | 11,300,000,000 | 10,849,000,000 | 11,953,000,000 | 11,972,000,000 | 10,980,000,000 | 10,125,000,000 | 11,063,000,000 | 11,325,000,000 | 10,491,000,000 | 9,464,000,000 | 10,042,000,000 | 10,129,000,000 | 9,020,000,000 | 8,611,000,000 | 8,652,000,000 | 7,150,000,000 | 8,601,000,000 | 9,068,000,000 | 9,507,000,000 | 9,997,000,000 | 8,020,000,000 | 7,058,000,000 | 8,245,000,000 | 8,927,000,000 | 7,626,000,000 | 7,512,000,000 | 9,078,000,000 | 9,702,000,000 | 9,118,000,000 | 9,409,000,000 | 10,633,000,000 | 11,539,000,000 | 10,282,000,000 | 10,000,000,000 | 11,427,000,000 | 12,156,000,000 | 10,711,000,000 | 10,872,000,000 | 11,976,000,000 | 12,574,000,000 | 10,576,000,000 | 11,040,000,000 | 12,030,000,000 | 12,749,000,000 | 11,035,000,000 | 11,455,000,000 | 12,340,000,000 | 13,085,000,000 | 11,137,000,000 | 11,040,000,000 | 12,248,000,000 |
yoy | 12.07% | 2.41% | 5.07% | 1.39% | -1.51% | 6.41% | -0.83% | 3.27% | 2.91% | 7.15% | 8.04% | 5.71% | 4.66% | 6.98% | 10.17% | 11.81% | 16.31% | 9.91% | 16.07% | 41.66% | 4.87% | -5.04% | -8.99% | -28.48% | 7.24% | 28.48% | 15.31% | 11.99% | 5.17% | -6.04% | -9.18% | -7.99% | -16.36% | -20.16% | -14.62% | -15.92% | -11.32% | -5.91% | -6.95% | -5.08% | -4.01% | -8.02% | -4.58% | -3.32% | 1.28% | -1.52% | -0.45% | -1.37% | -4.16% | -3.62% | -2.51% | -2.57% | -0.92% | 3.76% | 0.75% | ||||
qoq | 5.50% | -5.08% | -0.64% | 12.63% | -3.59% | -2.62% | -4.12% | 9.41% | 4.16% | -9.24% | -0.16% | 9.03% | 8.44% | -8.48% | -2.31% | 7.95% | 10.85% | -5.76% | -0.86% | 12.29% | 4.75% | -0.47% | 21.01% | -16.87% | -5.15% | -4.62% | -4.90% | 24.65% | 13.63% | -14.40% | -7.64% | 17.06% | 1.52% | -17.25% | -6.43% | 6.40% | -3.09% | -11.51% | -7.85% | 12.23% | 2.82% | -12.49% | -6.00% | 13.49% | -1.48% | -9.22% | -4.76% | 18.89% | -4.20% | -8.23% | -5.64% | 15.53% | -3.67% | -7.17% | -5.69% | 17.49% | 0.88% | -9.86% | |
cost of goods sold | 4,620,000,000 | 4,723,000,000 | 4,797,000,000 | 4,714,000,000 | 4,163,000,000 | 4,613,000,000 | 4,664,000,000 | 4,812,000,000 | 4,235,000,000 | 4,634,000,000 | 4,657,000,000 | 4,912,000,000 | 4,317,000,000 | 4,513,000,000 | 4,566,000,000 | 4,830,000,000 | 4,091,000,000 | 4,088,000,000 | 3,977,000,000 | 3,787,000,000 | 3,505,000,000 | 3,578,000,000 | 3,471,000,000 | 3,013,000,000 | 3,371,000,000 | 3,566,000,000 | 3,767,000,000 | 3,921,000,000 | 2,990,000,000 | 2,721,000,000 | 3,059,000,000 | 3,252,000,000 | 2,738,000,000 | 2,689,000,000 | 3,395,000,000 | 3,659,000,000 | 3,513,000,000 | 3,794,000,000 | 4,131,000,000 | 4,471,000,000 | 4,069,000,000 | 4,054,000,000 | 4,577,000,000 | 4,748,000,000 | 4,103,000,000 | 4,357,000,000 | 4,630,000,000 | 4,819,000,000 | 4,083,000,000 | 4,315,000,000 | 4,793,000,000 | 4,989,000,000 | 4,324,000,000 | 4,628,000,000 | 4,853,000,000 | 5,224,000,000 | 4,348,000,000 | 4,403,000,000 | 4,875,000,000 |
gross profit | 7,852,000,000 | 7,099,000,000 | 7,658,000,000 | 7,821,000,000 | 6,966,000,000 | 6,931,000,000 | 7,190,000,000 | 7,551,000,000 | 7,065,000,000 | 6,215,000,000 | 7,296,000,000 | 7,060,000,000 | 6,663,000,000 | 5,612,000,000 | 6,497,000,000 | 6,495,000,000 | 6,400,000,000 | 5,376,000,000 | 6,065,000,000 | 6,342,000,000 | 5,515,000,000 | 5,033,000,000 | 5,181,000,000 | 4,137,000,000 | 5,230,000,000 | 5,502,000,000 | 5,740,000,000 | 6,076,000,000 | 5,030,000,000 | 4,337,000,000 | 5,186,000,000 | 5,675,000,000 | 4,888,000,000 | 4,823,000,000 | 5,683,000,000 | 6,043,000,000 | 5,605,000,000 | 5,615,000,000 | 6,502,000,000 | 7,068,000,000 | 6,213,000,000 | 5,946,000,000 | 6,850,000,000 | 7,408,000,000 | 6,608,000,000 | 6,515,000,000 | 7,346,000,000 | 7,755,000,000 | 6,493,000,000 | 6,725,000,000 | 7,237,000,000 | 7,760,000,000 | 6,711,000,000 | 6,827,000,000 | 7,487,000,000 | 7,861,000,000 | 6,789,000,000 | 6,637,000,000 | 7,373,000,000 |
yoy | 12.72% | 2.42% | 6.51% | 3.58% | -1.40% | 11.52% | -1.45% | 6.95% | 6.03% | 10.74% | 12.30% | 8.70% | 4.11% | 4.39% | 7.12% | 2.41% | 16.05% | 6.82% | 17.06% | 53.30% | 5.45% | -8.52% | -9.74% | -31.91% | 3.98% | 26.86% | 10.68% | 7.07% | 2.91% | -10.08% | -8.75% | -6.09% | -12.79% | -14.11% | -12.60% | -14.50% | -9.79% | -5.57% | -5.08% | -4.59% | -5.98% | -8.73% | -6.75% | -4.47% | 1.77% | -3.12% | 1.51% | -0.06% | -3.25% | -1.49% | -3.34% | -1.28% | -1.15% | 2.86% | 1.55% | ||||
qoq | 10.61% | -7.30% | -2.08% | 12.27% | 0.50% | -3.60% | -4.78% | 6.88% | 13.68% | -14.82% | 3.34% | 5.96% | 18.73% | -13.62% | 0.03% | 1.48% | 19.05% | -11.36% | -4.37% | 15.00% | 9.58% | -2.86% | 25.24% | -20.90% | -4.94% | -4.15% | -5.53% | 20.80% | 15.98% | -16.37% | -8.62% | 16.10% | 1.35% | -15.13% | -5.96% | 7.81% | -0.18% | -13.64% | -8.01% | 13.76% | 4.49% | -13.20% | -7.53% | 12.11% | 1.43% | -11.31% | -5.27% | 19.44% | -3.45% | -7.07% | -6.74% | 15.63% | -1.70% | -8.82% | -4.76% | 15.79% | 2.29% | -9.98% | |
gross margin % | 62.96% | 60.05% | 61.49% | 62.39% | 62.59% | 60.04% | 60.65% | 61.08% | 62.52% | 57.29% | 61.04% | 58.97% | 60.68% | 55.43% | 58.73% | 57.35% | 61.00% | 56.80% | 60.40% | 62.61% | 61.14% | 58.45% | 59.88% | 57.86% | 60.81% | 60.67% | 60.38% | 60.78% | 62.72% | 61.45% | 62.90% | 63.57% | 64.10% | 64.20% | 62.60% | 62.29% | 61.47% | 59.68% | 61.15% | 61.25% | 60.43% | 59.46% | 59.95% | 60.94% | 61.69% | 59.92% | 61.34% | 61.67% | 61.39% | 60.91% | 60.16% | 60.87% | 60.82% | 59.60% | 60.67% | 60.08% | 60.96% | 60.12% | 60.20% |
selling, general and administrative expenses | 3,472,000,000 | 4,199,000,000 | 3,618,000,000 | 3,470,000,000 | 3,234,000,000 | 4,046,000,000 | 3,636,000,000 | 3,549,000,000 | 3,351,000,000 | 3,799,000,000 | 3,667,000,000 | 3,321,000,000 | 3,185,000,000 | 3,431,000,000 | 3,279,000,000 | 3,203,000,000 | 2,967,000,000 | 3,336,000,000 | 3,122,000,000 | 3,017,000,000 | 2,669,000,000 | 2,589,000,000 | 2,511,000,000 | 1,983,000,000 | 2,648,000,000 | 3,224,000,000 | 3,116,000,000 | 2,996,000,000 | 2,567,000,000 | 2,538,000,000 | 2,505,000,000 | 2,723,000,000 | 2,541,000,000 | 2,836,000,000 | 3,203,000,000 | 3,142,000,000 | 3,315,000,000 | 3,580,000,000 | 4,009,000,000 | 3,912,000,000 | 3,761,000,000 | 3,937,000,000 | 4,207,000,000 | 4,204,000,000 | 4,079,000,000 | 4,338,000,000 | 4,507,000,000 | 4,384,000,000 | 3,989,000,000 | 4,319,000,000 | 4,424,000,000 | 4,385,000,000 | 4,182,000,000 | 4,430,000,000 | 4,630,000,000 | 4,497,000,000 | 4,181,000,000 | 4,411,000,000 | 4,527,000,000 |
other operating charges | 21,000,000 | 1,059,000,000 | 58,000,000 | 71,000,000 | 73,000,000 | 176,000,000 | 1,044,000,000 | 1,370,000,000 | 1,573,000,000 | 143,000,000 | 359,000,000 | 1,338,000,000 | 111,000,000 | 106,000,000 | 130,000,000 | 951,000,000 | 28,000,000 | 368,000,000 | 45,000,000 | 309,000,000 | 124,000,000 | 106,000,000 | 372,000,000 | 173,000,000 | 202,000,000 | 114,000,000 | 125,000,000 | 92,000,000 | 127,000,000 | 163,000,000 | 155,000,000 | 225,000,000 | 536,000,000 | 666,000,000 | 360,000,000 | 823,000,000 | 308,000,000 | 680,000,000 | 222,000,000 | 297,000,000 | 311,000,000 | 491,000,000 | 264,000,000 | 669,000,000 | 233,000,000 | 726,000,000 | 128,000,000 | 201,000,000 | 128,000,000 | 301,000,000 | 341,000,000 | 132,000,000 | 121,000,000 | 214,000,000 | 64,000,000 | 70,000,000 | 99,000,000 | 275,000,000 | 96,000,000 |
operating income | 4,359,000,000 | 1,841,000,000 | 3,982,000,000 | 4,280,000,000 | 3,659,000,000 | 2,709,000,000 | 2,510,000,000 | 2,632,000,000 | 2,141,000,000 | 2,273,000,000 | 3,270,000,000 | 2,401,000,000 | 3,367,000,000 | 2,075,000,000 | 3,088,000,000 | 2,341,000,000 | 3,405,000,000 | 1,672,000,000 | 2,898,000,000 | 3,016,000,000 | 2,722,000,000 | 2,338,000,000 | 2,298,000,000 | 1,981,000,000 | 2,380,000,000 | 2,164,000,000 | 2,499,000,000 | 2,988,000,000 | 2,336,000,000 | 1,636,000,000 | 2,526,000,000 | 2,727,000,000 | 1,811,000,000 | 1,321,000,000 | 2,120,000,000 | 2,078,000,000 | 1,982,000,000 | 1,355,000,000 | 2,271,000,000 | 2,859,000,000 | 2,141,000,000 | 1,518,000,000 | 2,379,000,000 | 2,535,000,000 | 2,296,000,000 | 1,451,000,000 | 2,711,000,000 | 3,170,000,000 | 2,376,000,000 | 2,105,000,000 | 2,472,000,000 | 3,243,000,000 | 2,408,000,000 | 2,183,000,000 | 2,793,000,000 | 3,294,000,000 | 2,509,000,000 | 1,951,000,000 | 2,750,000,000 |
yoy | 19.13% | -32.04% | 58.65% | 62.61% | 70.90% | 19.18% | -23.24% | 9.62% | -36.41% | 9.54% | 5.89% | 2.56% | -1.12% | 24.10% | 6.56% | -22.38% | 25.09% | -28.49% | 26.11% | 52.25% | 14.37% | 8.04% | -8.04% | -33.70% | 1.88% | 32.27% | -1.07% | 9.57% | 28.99% | 23.85% | 19.15% | 31.23% | -8.63% | -2.51% | -6.65% | -27.32% | -7.43% | -10.74% | -4.54% | 12.78% | -6.75% | 4.62% | -12.25% | -20.03% | -3.37% | -31.07% | 9.67% | -2.25% | -1.33% | -3.57% | -11.49% | -1.55% | -4.03% | 11.89% | 1.56% | ||||
qoq | 136.77% | -53.77% | -6.96% | 16.97% | 35.07% | 7.93% | -4.64% | 22.93% | -5.81% | -30.49% | 36.19% | -28.69% | 62.27% | -32.80% | 31.91% | -31.25% | 103.65% | -42.31% | -3.91% | 10.80% | 16.42% | 1.74% | 16.00% | -16.76% | 9.98% | -13.41% | -16.37% | 27.91% | 42.79% | -35.23% | -7.37% | 50.58% | 37.09% | -37.69% | 2.02% | 4.84% | 46.27% | -40.33% | -20.57% | 33.54% | 41.04% | -36.19% | -6.15% | 10.41% | 58.24% | -46.48% | -14.48% | 33.42% | 12.87% | -14.85% | -23.77% | 34.68% | 10.31% | -21.84% | -15.21% | 31.29% | 28.60% | -29.05% | |
operating margin % | 34.95% | 15.57% | 31.97% | 34.14% | 32.88% | 23.47% | 21.17% | 21.29% | 18.95% | 20.95% | 27.36% | 20.06% | 30.66% | 20.49% | 27.91% | 20.67% | 32.46% | 17.67% | 28.86% | 29.78% | 30.18% | 27.15% | 26.56% | 27.71% | 27.67% | 23.86% | 26.29% | 29.89% | 29.13% | 23.18% | 30.64% | 30.55% | 23.75% | 17.59% | 23.35% | 21.42% | 21.74% | 14.40% | 21.36% | 24.78% | 20.82% | 15.18% | 20.82% | 20.85% | 21.44% | 13.35% | 22.64% | 25.21% | 22.47% | 19.07% | 20.55% | 25.44% | 21.82% | 19.06% | 22.63% | 25.17% | 22.53% | 17.67% | 22.45% |
interest income | 222,000,000 | 233,000,000 | 185,000,000 | 188,000,000 | 180,000,000 | 204,000,000 | 263,000,000 | 275,000,000 | 246,000,000 | 267,000,000 | 248,000,000 | 224,000,000 | 168,000,000 | 143,000,000 | 128,000,000 | 100,000,000 | 78,000,000 | 71,000,000 | 68,000,000 | 71,000,000 | 66,000,000 | 76,000,000 | 82,000,000 | 100,000,000 | 112,000,000 | 135,000,000 | 153,000,000 | 142,000,000 | 129,000,000 | 176,000,000 | 171,000,000 | 170,000,000 | 165,000,000 | 182,000,000 | 175,000,000 | 165,000,000 | 155,000,000 | 170,000,000 | 164,000,000 | 164,000,000 | 144,000,000 | 154,000,000 | 155,000,000 | 149,000,000 | 155,000,000 | 158,000,000 | 169,000,000 | 144,000,000 | 123,000,000 | 153,000,000 | 136,000,000 | 129,000,000 | 116,000,000 | 126,000,000 | 118,000,000 | 112,000,000 | 115,000,000 | 127,000,000 | 141,000,000 |
interest expense | 375,000,000 | 431,000,000 | 391,000,000 | 445,000,000 | 387,000,000 | 431,000,000 | 425,000,000 | 418,000,000 | 382,000,000 | 413,000,000 | 368,000,000 | 374,000,000 | 372,000,000 | 304,000,000 | 198,000,000 | 198,000,000 | 182,000,000 | 165,000,000 | 210,000,000 | 780,000,000 | 442,000,000 | 310,000,000 | 660,000,000 | 274,000,000 | 193,000,000 | 235,000,000 | 230,000,000 | 236,000,000 | 232,000,000 | 242,000,000 | 206,000,000 | 241,000,000 | 230,000,000 | 210,000,000 | 208,000,000 | 231,000,000 | 192,000,000 | 248,000,000 | 182,000,000 | 162,000,000 | 141,000,000 | 143,000,000 | 138,000,000 | 128,000,000 | 447,000,000 | 139,000,000 | 113,000,000 | 107,000,000 | 124,000,000 | 149,000,000 | 90,000,000 | 122,000,000 | 102,000,000 | 95,000,000 | 102,000,000 | 112,000,000 | 88,000,000 | 104,000,000 | 116,000,000 |
equity income — net | 384,000,000 | 475,000,000 | 644,000,000 | 561,000,000 | 351,000,000 | 338,000,000 | 541,000,000 | 537,000,000 | 354,000,000 | 361,000,000 | 517,000,000 | 538,000,000 | 275,000,000 | 339,000,000 | 479,000,000 | 392,000,000 | 262,000,000 | 302,000,000 | 455,000,000 | 402,000,000 | 279,000,000 | 204,000,000 | 431,000,000 | 176,000,000 | 167,000,000 | 241,000,000 | 346,000,000 | 329,000,000 | 133,000,000 | 195,000,000 | 347,000,000 | 324,000,000 | 142,000,000 | 188,000,000 | 358,000,000 | 409,000,000 | 116,000,000 | 157,000,000 | 281,000,000 | 305,000,000 | 92,000,000 | 87,000,000 | 200,000,000 | 200,000,000 | 2,000,000 | 239,000,000 | 205,000,000 | 254,000,000 | 71,000,000 | 65,000,000 | 204,000,000 | 246,000,000 | 87,000,000 | 182,000,000 | 252,000,000 | 245,000,000 | 140,000,000 | 155,000,000 | 180,000,000 |
other income — net | 21,000,000 | 844,000,000 | -237,000,000 | 212,000,000 | 254,000,000 | -14,000,000 | 491,000,000 | 2,000,000 | 1,513,000,000 | -6,000,000 | -130,000,000 | 91,000,000 | 615,000,000 | 247,000,000 | -53,000,000 | -351,000,000 | -105,000,000 | 1,080,000,000 | -127,000,000 | 909,000,000 | 138,000,000 | 53,000,000 | 30,000,000 | 214,000,000 | 544,000,000 | 324,000,000 | 9,000,000 | 203,000,000 | 1,133,000,000 | -78,000,000 | 1,605,000,000 | 54,000,000 | 658,000,000 | 29,000,000 | -19,000,000 | 23,000,000 | 84,000,000 | 49,000,000 | 82,000,000 | ||||||||||||||||||||
income before income taxes | 4,611,000,000 | 2,962,000,000 | 4,183,000,000 | 4,796,000,000 | 4,057,000,000 | 2,806,000,000 | 3,380,000,000 | 3,028,000,000 | 3,872,000,000 | 2,482,000,000 | 3,537,000,000 | 2,880,000,000 | 4,053,000,000 | 2,500,000,000 | 3,444,000,000 | 2,284,000,000 | 3,458,000,000 | 2,960,000,000 | 3,084,000,000 | 3,618,000,000 | 2,763,000,000 | 2,361,000,000 | 2,181,000,000 | 2,197,000,000 | 3,010,000,000 | 2,420,000,000 | 3,092,000,000 | 3,049,000,000 | 1,451,250,000 | 1,674,000,000 | 2,624,000,000 | 1,507,000,000 | 515,000,000 | 1,428,000,000 | 4,299,000,000 | 1,894,000,000 | 1,538,000,000 | 1,725,000,000 | 4,361,000,000 | 1,981,000,000 | 1,076,000,000 | 2,660,000,000 | 3,384,000,000 | 2,205,000,000 | 2,228,000,000 | 3,380,000,000 | 3,525,000,000 | 2,344,000,000 | 2,377,000,000 | 3,084,000,000 | 3,623,000,000 | 2,725,000,000 | 2,211,000,000 | 2,923,000,000 | |||||
income taxes | 645,000,000 | 646,000,000 | 500,000,000 | 993,000,000 | 722,000,000 | 593,000,000 | 530,000,000 | 627,000,000 | 687,000,000 | 496,000,000 | 454,000,000 | 359,000,000 | 940,000,000 | 444,000,000 | 622,000,000 | 384,000,000 | 665,000,000 | 510,000,000 | 609,000,000 | 994,000,000 | 508,000,000 | 887,000,000 | 441,000,000 | 438,000,000 | 215,000,000 | 355,000,000 | 503,000,000 | 421,000,000 | 451,250,000 | 230,000,000 | 1,252,000,000 | 323,000,000 | -32,000,000 | 378,000,000 | 839,000,000 | 401,000,000 | 302,000,000 | 272,000,000 | 1,250,000,000 | 415,000,000 | 305,000,000 | 538,000,000 | 779,000,000 | 579,000,000 | 520,000,000 | 925,000,000 | 831,000,000 | 575,000,000 | 487,000,000 | 755,000,000 | 823,000,000 | 658,000,000 | 537,000,000 | 680,000,000 | |||||
consolidated net income | 3,966,000,000 | 2,316,000,000 | 3,683,000,000 | 3,803,000,000 | 3,335,000,000 | 2,213,000,000 | 2,850,000,000 | 2,401,000,000 | 3,185,000,000 | 1,986,000,000 | 3,083,000,000 | 2,521,000,000 | 3,113,000,000 | 2,056,000,000 | 2,822,000,000 | 1,900,000,000 | 2,793,000,000 | 2,450,000,000 | 2,475,000,000 | 2,624,000,000 | 2,255,000,000 | 1,474,000,000 | 1,740,000,000 | 1,759,000,000 | 2,795,000,000 | 2,065,000,000 | 2,589,000,000 | 2,628,000,000 | 1,703,000,000 | 927,000,000 | 1,818,000,000 | 2,331,000,000 | 1,400,000,000 | -2,717,000,000 | 1,444,000,000 | 1,372,000,000 | 1,184,000,000 | 547,000,000 | 1,050,000,000 | 3,460,000,000 | 1,493,000,000 | 1,236,000,000 | 1,453,000,000 | 3,111,000,000 | 1,566,000,000 | 771,000,000 | 2,122,000,000 | 2,605,000,000 | 1,626,000,000 | 1,708,000,000 | 2,455,000,000 | 2,694,000,000 | 1,769,000,000 | 1,890,000,000 | 2,329,000,000 | 2,800,000,000 | 2,067,000,000 | 1,674,000,000 | 2,243,000,000 |
less: net income attributable to noncontrolling interests | 42,000,000 | 45,000,000 | -13,000,000 | -7,000,000 | 5,000,000 | 2,000,000 | -10,000,000 | 8,000,000 | 13,000,000 | -4,000,000 | -26,000,000 | 6,000,000 | 25,000,000 | -3,000,000 | -5,000,000 | 12,000,000 | 36,000,000 | 4,000,000 | -17,000,000 | 10,000,000 | 18,000,000 | 3,000,000 | -20,000,000 | 20,000,000 | 23,000,000 | 21,000,000 | 25,000,000 | 15,000,000 | 32,000,000 | 1,000,000 | 2,000,000 | -3,000,000 | 4,000,000 | 12,000,000 | 10,000,000 | -1,000,000 | 4,000,000 | 3,000,000 | 9,000,000 | 1,000,000 | 8,000,000 | 10,000,000 | 7,000,000 | -2,000,000 | 8,000,000 | 18,000,000 | 18,000,000 | 24,000,000 | 18,000,000 | 12,000,000 | 13,000,000 | 20,000,000 | 22,000,000 | ||||||
net income attributable to shareowners of the coca-cola company | 3,924,000,000 | 2,271,000,000 | 3,696,000,000 | 3,810,000,000 | 3,330,000,000 | 2,195,000,000 | 2,848,000,000 | 2,411,000,000 | 3,177,000,000 | 1,973,000,000 | 3,087,000,000 | 2,547,000,000 | 3,107,000,000 | 2,031,000,000 | 2,825,000,000 | 1,905,000,000 | 2,781,000,000 | 2,414,000,000 | 2,471,000,000 | 2,641,000,000 | 2,245,000,000 | 1,456,000,000 | 1,737,000,000 | 1,779,000,000 | 2,775,000,000 | 2,042,000,000 | 2,593,000,000 | 2,607,000,000 | 1,678,000,000 | 870,000,000 | 1,880,000,000 | 2,316,000,000 | 1,368,000,000 | 1,751,000,000 | 1,866,000,000 | 2,311,000,000 | 2,788,000,000 | 2,054,000,000 | 1,654,000,000 | 2,221,000,000 | |||||||||||||||||||
yoy | 17.84% | 3.46% | 29.78% | 58.03% | 4.82% | 11.25% | -7.74% | -5.34% | 2.25% | -2.86% | 9.27% | 33.70% | 11.72% | -15.87% | 14.33% | -27.87% | 23.88% | 65.80% | 42.26% | 48.45% | -19.10% | -28.70% | -33.01% | -31.76% | 65.38% | 134.71% | 37.93% | 12.56% | 22.66% | -14.75% | 12.82% | 4.05% | |||||||||||||||||||||||||||
qoq | 72.79% | -38.56% | -2.99% | 14.41% | 51.71% | -22.93% | 18.13% | -24.11% | 61.02% | -36.09% | 21.20% | -18.02% | 52.98% | -28.11% | 48.29% | -31.50% | 15.20% | -2.31% | -6.44% | 17.64% | 54.19% | -16.18% | -2.36% | -35.89% | 35.90% | -21.25% | -0.54% | 55.36% | 92.87% | -53.72% | -18.83% | 69.30% | -6.16% | -19.26% | -17.11% | 35.74% | 24.18% | -25.53% | |||||||||||||||||||||
net income margin % | 31.46% | 19.21% | 29.67% | 30.39% | 29.92% | 19.01% | 24.03% | 19.50% | 28.12% | 18.19% | 25.83% | 21.27% | 28.30% | 20.06% | 25.54% | 16.82% | 26.51% | 25.51% | 24.61% | 26.07% | 24.89% | 16.91% | 20.08% | 24.88% | 32.26% | 22.52% | 27.27% | 26.08% | 20.92% | 12.33% | 22.80% | 25.94% | 17.94% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 15.87% | 16.29% | 18.73% | 21.31% | 18.44% | 14.98% | 18.13% |
basic net income per share1 | 0.91 | 0.53 | 0.86 | 0.89 | 0.77 | 0.51 | 0.66 | 0.56 | 0.74 | 0.46 | 0.71 | 0.59 | 0.72 | 0.46 | 0.65 | 0.44 | 0.64 | 0.55 | 0.57 | 0.61 | 0.52 | 0.33 | 0.4 | 0.41 | 0.65 | 0.48 | 0.61 | 0.61 | 0.235 | 0.34 | 0.32 | 0.28 | 0.13 | 0.24 | 0.8 | 0.34 | 0.29 | 0.33 | 0.71 | 0.36 | 0.18 | 0.48 | 0.59 | 0.37 | 0.39 | 0.55 | 0.6 | 0.39 | 1.24 | 0.91 | 0.73 | 0.97 | |||||||
diluted net income per share1 | 0.91 | 0.53 | 0.86 | 0.88 | 0.77 | 0.51 | 0.66 | 0.56 | 0.74 | 0.46 | 0.71 | 0.59 | 0.72 | 0.46 | 0.65 | 0.44 | 0.64 | 0.55 | 0.57 | 0.61 | 0.52 | 0.33 | 0.4 | 0.41 | 0.64 | 0.47 | 0.6 | 0.61 | 0.23 | 0.33 | 0.32 | 0.27 | 0.12 | 0.24 | 0.79 | 0.34 | 0.28 | 0.33 | 0.71 | 0.35 | 0.18 | 0.48 | 0.58 | 0.36 | 0.38 | 0.54 | 0.59 | 0.39 | 1.21 | 0.89 | 0.72 | 0.95 | |||||||
average shares outstanding — basic | 4,302 | 4,303 | 4,304 | 4,302 | -1 | 4,311 | 4,309 | 4,310 | -2 | 4,324 | 4,325 | 4,326 | -1 | 4,325 | 4,331 | 4,332 | 2 | 4,318 | 4,313 | 4,307 | 4,271 | 1 | 4,255 | 4,255 | 4,265 | ||||||||||||||||||||||||||||||||||
effect of dilutive securities | 12 | -1 | 10 | 11 | 11 | 12 | 10 | 12 | -1 | 15 | 16 | 19 | -1 | 21 | 22 | 25 | 1 | 26 | 25 | 23 | 25 | 21 | 36 | 41 | 36 | 35 | 1 | 40 | 35 | 41 | 54 | 54 | 47 | -2 | 49 | 54 | 54 | 50 | 53 | 57 | 1 | 62 | 63 | 63 | -1 | 72 | 81 | 75 | 41 | 38 | -1 | 40 | |||||||
average shares outstanding — diluted | 4,314 | -1 | 4,313 | 4,315 | 4,313 | -1 | 4,323 | 4,319 | 4,322 | -3 | 4,339 | 4,341 | 4,345 | -2 | 4,346 | 4,353 | 4,357 | 3 | 4,344 | 4,338 | 4,330 | 4,306 | 2 | 4,295 | 4,290 | 4,306 | |||||||||||||||||||||||||||||||||
average shares outstanding | 1,073.25 | 4,296 | 4,295 | 4,289 | 1,068.25 | 4,280 | 4,269 | 1,068.75 | 4,266 | 4,273 | 4,287 | -5 | 4,315 | 4,323 | 4,328 | -5 | 4,349 | 4,355 | 4,365 | -5 | 4,383 | 4,391 | 4,401 | -8 | 4,426 | 4,446 | 4,455 | 2,255 | 2,263 | -5 | 2,286 | ||||||||||||||||||||||||||||
average shares outstanding assuming dilution | 1,080.25 | 4,321 | 4,316 | 4,325 | 1,077.75 | 4,321 | 4,305 | 1,081.75 | 4,320 | 4,327 | 4,334 | -7 | 4,364 | 4,377 | 4,382 | -5 | 4,399 | 4,408 | 4,422 | -4 | 4,445 | 4,454 | 4,464 | -9 | 4,498 | 4,527 | 4,530 | 2,296 | 2,301 | -6 | 2,326 | ||||||||||||||||||||||||||||
income from continuing operations before income taxes | 2,132,000,000 | 787,000,000 | 2,847,000,000 | 2,883,000,000 | 1,833,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes from continuing operations | 486,000,000 | -5,000,000 | 528,000,000 | 594,000,000 | 506,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 1,646,000,000 | 792,000,000 | 2,319,000,000 | 2,289,000,000 | 1,327,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 57,000,000 | 42,000,000 | 73,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share from continuing operations1 | 0.39 | 0.18 | 0.55 | 0.54 | 0.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share from discontinued operations2 | 0.01 | 0.01 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share3 | 0.39 | 0.328 | 0.44 | 0.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share from continuing operations1 | 0.38 | 0.19 | 0.54 | 0.53 | 0.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share from discontinued operations2 | 0.01 | 0.01 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share | 0.39 | 0.21 | 0.44 | 0.54 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per share | 0.293 | 0.39 | 0.39 | 0.39 | 0.278 | 0.37 | 0.37 | 0.37 | 0.263 | 0.35 | 0.35 | 0.35 | 0.248 | 0.33 | 0.33 | 0.33 | 0.229 | 0.305 | 0.305 | 0.305 | 0.21 | 0.28 | 0.28 | 0.28 | 0.51 | 0.51 | 0.353 | 0.47 | |||||||||||||||||||||||||||||||
basic net income per share | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to shareowners ofthe coca-cola company | 1,000,000,000 | 1,447,000,000 | 1,371,000,000 | 1,182,000,000 | 1,494,250,000 | 1,046,000,000 | 3,448,000,000 | 1,483,000,000 | 1,528,500,000 | 1,449,000,000 | 3,108,000,000 | 1,557,000,000 | 1,582,000,000 | 2,114,000,000 | 2,595,000,000 | 1,619,000,000 | 1,718,500,000 | 2,447,000,000 | 2,676,000,000 | ||||||||||||||||||||||||||||||||||||||||
basic net income per share1,2 | 0.395 | 0.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share1,2 | 0.39 | 0.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per share2 | 0.191 | 0.255 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding2 | 1,128.25 | 4,502 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities2 | 20 | 85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average shares outstanding assuming dilution2 | 1,148.25 | 4,587 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-12-31 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-31 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-07-01 | 2016-04-01 | 2015-12-31 | 2015-10-02 | 2015-07-03 | 2015-04-03 | 2014-12-31 | 2014-09-26 | 2014-06-27 | 2014-03-28 | 2013-12-31 | 2013-09-27 | 2013-06-28 | 2013-03-29 | 2012-12-31 | 2012-09-28 | 2012-06-29 | 2012-03-30 | 2011-12-31 | 2011-09-30 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 10,574,000,000 | 10,270,000,000 | 12,732,000,000 | 9,590,000,000 | 8,417,000,000 | 10,828,000,000 | 13,938,000,000 | 13,708,000,000 | 10,443,000,000 | 9,366,000,000 | 11,883,000,000 | 12,564,000,000 | 12,004,000,000 | 9,519,000,000 | 10,127,000,000 | 8,976,000,000 | 7,681,000,000 | 9,684,000,000 | 11,301,000,000 | 9,188,000,000 | 8,484,000,000 | 6,795,000,000 | 11,385,000,000 | 10,037,000,000 | 13,561,000,000 | 6,480,000,000 | 7,531,000,000 | 6,731,000,000 | 5,645,000,000 | 8,926,000,000 | 9,065,000,000 | 7,975,000,000 | 8,291,000,000 | 6,006,000,000 | 12,528,000,000 | 11,718,000,000 | 12,120,000,000 | 8,555,000,000 | 11,147,000,000 | 9,647,000,000 | 8,748,000,000 | 7,309,000,000 | 9,983,000,000 | 8,805,000,000 | 8,211,000,000 | 8,958,000,000 | 11,084,000,000 | 11,618,000,000 | 9,131,000,000 | 10,414,000,000 | 11,118,000,000 | 9,406,000,000 | 9,162,000,000 | 8,442,000,000 | 9,615,000,000 | 9,337,000,000 | 10,664,000,000 | 12,803,000,000 | 12,682,000,000 |
short-term investments | 509,000,000 | 3,602,000,000 | 1,142,000,000 | 2,658,000,000 | 3,579,000,000 | 2,020,000,000 | 2,439,000,000 | 3,691,000,000 | 4,760,000,000 | 2,997,000,000 | 2,332,000,000 | 1,867,000,000 | 1,166,000,000 | 1,043,000,000 | 1,120,000,000 | 776,000,000 | 736,000,000 | 1,242,000,000 | 1,844,000,000 | 2,079,000,000 | 1,871,000,000 | 1,771,000,000 | 7,347,000,000 | 7,551,000,000 | 1,713,000,000 | 1,467,000,000 | 2,001,000,000 | 2,572,000,000 | 1,538,000,000 | 2,025,000,000 | 4,727,000,000 | 5,843,000,000 | 7,518,000,000 | 9,352,000,000 | 9,691,000,000 | 11,016,000,000 | 9,791,000,000 | 9,595,000,000 | 11,265,000,000 | 11,755,000,000 | 10,003,000,000 | 8,322,000,000 | 9,177,000,000 | 8,709,000,000 | 8,366,000,000 | 9,052,000,000 | 9,185,000,000 | 6,524,000,000 | 6,918,000,000 | 6,707,000,000 | 6,139,000,000 | 6,634,000,000 | 6,176,000,000 | 5,017,000,000 | 5,320,000,000 | 4,807,000,000 | 2,476,000,000 | 1,088,000,000 | 3,684,000,000 |
total cash, cash equivalents and short-term investments | 11,083,000,000 | 13,872,000,000 | 13,874,000,000 | 12,248,000,000 | 11,996,000,000 | 12,848,000,000 | 16,377,000,000 | 17,399,000,000 | 15,203,000,000 | 12,363,000,000 | 14,215,000,000 | 14,431,000,000 | 13,170,000,000 | 10,562,000,000 | 11,247,000,000 | 9,752,000,000 | 8,417,000,000 | 10,926,000,000 | 13,145,000,000 | 11,267,000,000 | 10,355,000,000 | 8,566,000,000 | 18,732,000,000 | 17,588,000,000 | 15,274,000,000 | 7,947,000,000 | 9,532,000,000 | 9,303,000,000 | 7,183,000,000 | 10,951,000,000 | 13,792,000,000 | 13,818,000,000 | 15,809,000,000 | 15,358,000,000 | 22,219,000,000 | 22,734,000,000 | 21,911,000,000 | 18,150,000,000 | 22,412,000,000 | 21,402,000,000 | 18,751,000,000 | 15,631,000,000 | 19,160,000,000 | 17,514,000,000 | 16,577,000,000 | 18,010,000,000 | 20,269,000,000 | 18,142,000,000 | 16,049,000,000 | 17,121,000,000 | 17,257,000,000 | 16,040,000,000 | 15,338,000,000 | 13,459,000,000 | 14,935,000,000 | 14,144,000,000 | 13,140,000,000 | 13,891,000,000 | 16,366,000,000 |
marketable securities | 2,737,000,000 | 1,934,000,000 | 1,907,000,000 | 2,049,000,000 | 1,791,000,000 | 1,723,000,000 | 1,787,000,000 | 1,594,000,000 | 1,716,000,000 | 1,300,000,000 | 1,220,000,000 | 1,263,000,000 | 1,125,000,000 | 1,069,000,000 | 1,973,000,000 | 1,867,000,000 | 1,939,000,000 | 1,699,000,000 | 1,724,000,000 | 1,775,000,000 | 2,234,000,000 | 2,348,000,000 | 2,396,000,000 | 2,228,000,000 | 2,392,000,000 | 3,228,000,000 | 3,456,000,000 | 4,058,000,000 | 4,765,000,000 | 5,013,000,000 | 5,055,000,000 | 5,536,000,000 | 5,564,000,000 | 5,317,000,000 | 5,138,000,000 | 4,490,000,000 | 3,294,000,000 | 4,051,000,000 | 3,157,000,000 | 2,673,000,000 | 3,460,000,000 | 4,269,000,000 | 3,614,000,000 | 3,433,000,000 | 3,472,000,000 | 3,665,000,000 | 3,445,000,000 | 3,467,000,000 | 3,384,000,000 | 3,147,000,000 | 3,202,000,000 | 3,173,000,000 | 3,090,000,000 | 3,092,000,000 | 3,148,000,000 | 2,822,000,000 | 2,639,000,000 | 144,000,000 | 131,000,000 |
trade accounts receivable | 3,675,000,000 | 3,038,000,000 | 3,946,000,000 | 4,168,000,000 | 4,091,000,000 | 3,569,000,000 | 4,233,000,000 | 4,545,000,000 | 4,244,000,000 | 3,410,000,000 | 3,495,000,000 | 3,970,000,000 | 4,599,000,000 | 3,487,000,000 | 3,994,000,000 | 4,494,000,000 | 4,641,000,000 | 3,512,000,000 | 3,889,000,000 | 4,036,000,000 | 3,762,000,000 | 3,144,000,000 | 3,827,000,000 | 3,849,000,000 | 4,430,000,000 | 3,971,000,000 | 4,353,000,000 | 4,888,000,000 | 3,852,000,000 | 3,396,000,000 | 3,702,000,000 | 4,565,000,000 | 3,904,000,000 | 3,667,000,000 | 3,664,000,000 | 4,024,000,000 | 3,702,000,000 | 3,856,000,000 | 4,082,000,000 | 4,768,000,000 | 4,147,000,000 | 3,941,000,000 | 4,028,000,000 | 4,976,000,000 | 4,461,000,000 | 4,466,000,000 | 5,081,000,000 | 5,870,000,000 | 5,233,000,000 | 4,873,000,000 | 5,116,000,000 | 5,516,000,000 | 5,007,000,000 | 4,759,000,000 | 5,083,000,000 | 5,397,000,000 | 4,814,000,000 | 4,920,000,000 | 5,131,000,000 |
inventories | 4,730,000,000 | 4,425,000,000 | 4,802,000,000 | 5,082,000,000 | 5,102,000,000 | 4,728,000,000 | 4,714,000,000 | 4,763,000,000 | 4,961,000,000 | 4,424,000,000 | 4,252,000,000 | 4,646,000,000 | 4,727,000,000 | 4,233,000,000 | 3,708,000,000 | 3,621,000,000 | 3,741,000,000 | 3,414,000,000 | 3,182,000,000 | 3,281,000,000 | 3,356,000,000 | 3,266,000,000 | 3,264,000,000 | 3,501,000,000 | 3,558,000,000 | 3,379,000,000 | 3,266,000,000 | 3,453,000,000 | 3,178,000,000 | 2,766,000,000 | 2,627,000,000 | 2,881,000,000 | 2,937,000,000 | 2,655,000,000 | 2,608,000,000 | 2,790,000,000 | 2,885,000,000 | 2,675,000,000 | 2,751,000,000 | 3,005,000,000 | 3,052,000,000 | 2,902,000,000 | 2,910,000,000 | 3,224,000,000 | 3,219,000,000 | 3,100,000,000 | 3,277,000,000 | 3,536,000,000 | 3,357,000,000 | 3,277,000,000 | 3,321,000,000 | 3,643,000,000 | 3,607,000,000 | 3,264,000,000 | 3,447,000,000 | 3,587,000,000 | 3,442,000,000 | 3,092,000,000 | 3,172,000,000 |
prepaid expenses and other current assets | 2,953,000,000 | 2,433,000,000 | 2,718,000,000 | 3,062,000,000 | 3,198,000,000 | 3,129,000,000 | 3,177,000,000 | 3,298,000,000 | 3,338,000,000 | 5,235,000,000 | 4,685,000,000 | 3,281,000,000 | 3,259,000,000 | 3,240,000,000 | 3,217,000,000 | 3,407,000,000 | 3,418,000,000 | 2,994,000,000 | |||||||||||||||||||||||||||||||||||||||||
assets held for sale | 5,212,000,000 | 5,342,000,000 | 213,000,000 | 219,000,000 | 1,782,000,000 | 2,057,000,000 | 5,789,000,000 | 2,797,000,000 | 2,463,000,000 | 693,000,000 | 3,786,000,000 | 3,900,000,000 | 3,853,000,000 | 497,000,000 | 785,000,000 | 679,000,000 | 103,000,000 | 1,145,000,000 | 1,183,000,000 | 2,973,000,000 | |||||||||||||||||||||||||||||||||||||||
total current assets | 30,390,000,000 | 31,044,000,000 | 27,247,000,000 | 26,609,000,000 | 26,178,000,000 | 25,997,000,000 | 30,288,000,000 | 31,599,000,000 | 29,462,000,000 | 26,732,000,000 | 27,867,000,000 | 27,591,000,000 | 26,880,000,000 | 22,591,000,000 | 24,139,000,000 | 23,141,000,000 | 22,156,000,000 | 22,545,000,000 | 24,240,000,000 | 22,481,000,000 | 21,932,000,000 | 19,240,000,000 | 30,410,000,000 | 29,371,000,000 | 28,234,000,000 | 20,411,000,000 | 23,117,000,000 | 24,360,000,000 | 28,540,000,000 | 30,634,000,000 | 33,413,000,000 | 36,024,000,000 | 38,042,000,000 | 36,545,000,000 | 38,404,000,000 | 38,961,000,000 | 40,251,000,000 | 34,010,000,000 | 37,956,000,000 | 35,873,000,000 | 36,510,000,000 | 33,395,000,000 | 36,594,000,000 | 32,803,000,000 | 32,119,000,000 | 32,986,000,000 | 35,452,000,000 | 33,871,000,000 | 31,052,000,000 | 31,304,000,000 | 31,576,000,000 | 32,572,000,000 | 31,519,000,000 | 30,328,000,000 | 29,712,000,000 | 29,325,000,000 | 28,023,000,000 | 25,497,000,000 | 28,191,000,000 |
equity method investments | 20,403,000,000 | 20,235,000,000 | 20,323,000,000 | 19,379,000,000 | 18,369,000,000 | 18,087,000,000 | 18,993,000,000 | 18,940,000,000 | 19,495,000,000 | 19,671,000,000 | 19,256,000,000 | 19,262,000,000 | 18,744,000,000 | 18,264,000,000 | 17,723,000,000 | 17,720,000,000 | 18,198,000,000 | 17,598,000,000 | 18,284,000,000 | 18,471,000,000 | 18,966,000,000 | 19,273,000,000 | 18,875,000,000 | 18,189,000,000 | 18,020,000,000 | 19,025,000,000 | 18,689,000,000 | 19,418,000,000 | 19,283,000,000 | 19,407,000,000 | 20,899,000,000 | 20,604,000,000 | 21,478,000,000 | 20,856,000,000 | 21,644,000,000 | 20,845,000,000 | 16,753,000,000 | 16,260,000,000 | 16,917,000,000 | 16,215,000,000 | 12,610,000,000 | 12,318,000,000 | 12,504,000,000 | 12,771,000,000 | 9,851,000,000 | 9,947,000,000 | 10,582,000,000 | 10,857,000,000 | 10,283,000,000 | 10,393,000,000 | 10,385,000,000 | 9,511,000,000 | 9,850,000,000 | 9,216,000,000 | 8,538,000,000 | 7,838,000,000 | 7,594,000,000 | 7,233,000,000 | 7,073,000,000 |
deferred income tax assets | 1,141,000,000 | 1,206,000,000 | 1,267,000,000 | 1,325,000,000 | 1,311,000,000 | 1,319,000,000 | 1,428,000,000 | 1,409,000,000 | 1,457,000,000 | 1,561,000,000 | 1,575,000,000 | 1,661,000,000 | 1,696,000,000 | 1,746,000,000 | 1,708,000,000 | 1,833,000,000 | 2,006,000,000 | 2,129,000,000 | 2,237,000,000 | 2,291,000,000 | 2,332,000,000 | 2,460,000,000 | 2,439,000,000 | 2,366,000,000 | 2,275,000,000 | 2,412,000,000 | 2,452,000,000 | 2,559,000,000 | 2,617,000,000 | 2,667,000,000 | 2,720,000,000 | 2,999,000,000 | 3,298,000,000 | ||||||||||||||||||||||||||
property, plant and equipment | 9,522,000,000 | 10,902,000,000 | 10,784,000,000 | 10,431,000,000 | 9,864,000,000 | 9,508,000,000 | 9,306,000,000 | 8,860,000,000 | 9,706,000,000 | 9,848,000,000 | 9,243,000,000 | 9,462,000,000 | 9,784,000,000 | 10,058,000,000 | 10,547,000,000 | 10,673,000,000 | 10,667,000,000 | 10,695,000,000 | 10,993,000,000 | 10,217,000,000 | 10,254,000,000 | 8,866,000,000 | 7,404,000,000 | 7,688,000,000 | 7,977,000,000 | 8,306,000,000 | 8,672,000,000 | 9,746,000,000 | 11,172,000,000 | 12,663,000,000 | 12,613,000,000 | 12,615,000,000 | 14,365,000,000 | 14,346,000,000 | 14,738,000,000 | 14,918,000,000 | 14,860,000,000 | 14,548,000,000 | 14,549,000,000 | 14,543,000,000 | 15,388,000,000 | 15,174,000,000 | 15,300,000,000 | 14,522,000,000 | |||||||||||||||
trademarks with indefinite lives | 12,463,000,000 | 12,531,000,000 | 13,515,000,000 | 13,615,000,000 | 13,425,000,000 | 13,301,000,000 | 13,598,000,000 | 13,510,000,000 | 13,532,000,000 | 14,349,000,000 | 14,213,000,000 | 14,369,000,000 | 14,283,000,000 | 14,214,000,000 | 13,968,000,000 | 14,271,000,000 | 14,388,000,000 | 14,465,000,000 | 10,449,000,000 | 10,675,000,000 | 10,584,000,000 | 10,395,000,000 | 10,333,000,000 | 10,172,000,000 | 10,457,000,000 | 9,266,000,000 | 9,167,000,000 | 9,313,000,000 | 9,351,000,000 | 6,682,000,000 | 6,668,000,000 | 6,669,000,000 | 6,753,000,000 | 6,729,000,000 | 6,575,000,000 | 6,527,000,000 | 6,478,000,000 | 6,097,000,000 | 6,183,000,000 | 6,038,000,000 | 6,014,000,000 | 5,989,000,000 | 6,032,000,000 | 6,085,000,000 | 6,424,000,000 | 6,533,000,000 | 6,619,000,000 | 6,798,000,000 | 6,745,000,000 | 6,744,000,000 | 6,608,000,000 | 6,541,000,000 | 6,570,000,000 | 6,527,000,000 | 6,510,000,000 | 6,473,000,000 | 6,531,000,000 | 6,430,000,000 | 6,501,000,000 |
goodwill | 15,411,000,000 | 15,491,000,000 | 18,662,000,000 | 18,663,000,000 | 18,333,000,000 | 18,139,000,000 | 18,686,000,000 | 18,324,000,000 | 18,210,000,000 | 18,358,000,000 | 18,144,000,000 | 18,545,000,000 | 18,678,000,000 | 18,782,000,000 | 18,329,000,000 | 18,910,000,000 | 19,598,000,000 | 19,363,000,000 | 17,455,000,000 | 17,693,000,000 | 17,618,000,000 | 17,506,000,000 | 16,887,000,000 | 16,617,000,000 | 16,673,000,000 | 16,764,000,000 | 16,465,000,000 | 16,840,000,000 | 12,964,000,000 | 10,263,000,000 | 9,856,000,000 | 9,863,000,000 | 9,908,000,000 | 9,401,000,000 | 9,473,000,000 | 9,449,000,000 | 10,008,000,000 | 10,629,000,000 | 10,865,000,000 | 11,204,000,000 | 11,396,000,000 | 11,289,000,000 | 11,357,000,000 | 11,706,000,000 | 11,993,000,000 | 12,100,000,000 | 12,188,000,000 | 12,296,000,000 | 12,343,000,000 | 12,312,000,000 | 12,412,000,000 | 12,657,000,000 | 12,291,000,000 | 12,255,000,000 | 12,381,000,000 | 12,357,000,000 | 12,344,000,000 | 12,219,000,000 | 12,073,000,000 |
other noncurrent assets | 14,887,000,000 | 14,696,000,000 | 14,129,000,000 | 13,958,000,000 | 13,669,000,000 | 13,403,000,000 | 12,904,000,000 | 7,274,000,000 | 7,291,000,000 | 7,162,000,000 | 7,031,000,000 | 6,592,000,000 | 6,324,000,000 | 6,189,000,000 | 6,130,000,000 | 6,470,000,000 | 6,392,000,000 | 6,731,000,000 | |||||||||||||||||||||||||||||||||||||||||
total assets | 104,217,000,000 | 104,816,000,000 | 106,045,000,000 | 104,333,000,000 | 101,716,000,000 | 100,549,000,000 | 106,266,000,000 | 101,202,000,000 | 99,392,000,000 | 97,703,000,000 | 97,578,000,000 | 98,456,000,000 | 97,404,000,000 | 92,763,000,000 | 92,471,000,000 | 93,169,000,000 | 94,064,000,000 | 94,354,000,000 | 90,606,000,000 | 90,194,000,000 | 89,993,000,000 | 87,296,000,000 | 97,184,000,000 | 94,689,000,000 | 94,013,000,000 | 86,381,000,000 | 87,433,000,000 | 89,996,000,000 | 88,347,000,000 | 83,216,000,000 | 86,877,000,000 | 89,593,000,000 | 93,282,000,000 | 87,896,000,000 | 90,515,000,000 | 91,146,000,000 | 91,201,000,000 | 87,270,000,000 | 93,927,000,000 | 94,094,000,000 | 91,263,000,000 | 90,093,000,000 | 93,008,000,000 | 93,538,000,000 | 91,016,000,000 | 92,023,000,000 | 96,314,000,000 | 95,489,000,000 | 91,289,000,000 | 90,055,000,000 | 89,432,000,000 | 89,511,000,000 | 88,450,000,000 | 86,174,000,000 | 86,654,000,000 | 85,149,000,000 | 83,897,000,000 | 79,974,000,000 | 81,753,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 14,409,000,000 | 14,813,000,000 | 17,692,000,000 | 17,030,000,000 | 16,499,000,000 | 21,715,000,000 | 23,820,000,000 | 21,909,000,000 | 19,425,000,000 | 15,485,000,000 | 16,837,000,000 | 16,483,000,000 | 15,593,000,000 | 15,749,000,000 | 16,103,000,000 | 14,213,000,000 | 13,272,000,000 | 14,619,000,000 | 12,830,000,000 | 12,124,000,000 | 10,929,000,000 | 11,145,000,000 | 12,750,000,000 | 11,668,000,000 | 12,640,000,000 | 11,312,000,000 | 12,727,000,000 | 12,819,000,000 | 10,986,000,000 | 8,932,000,000 | 10,317,000,000 | 10,842,000,000 | 10,218,000,000 | 8,748,000,000 | 10,212,000,000 | 10,363,000,000 | 10,251,000,000 | 9,490,000,000 | 11,153,000,000 | 10,235,000,000 | 9,626,000,000 | 9,660,000,000 | 9,877,000,000 | 9,997,000,000 | 8,853,000,000 | 9,234,000,000 | 10,517,000,000 | 10,575,000,000 | 9,959,000,000 | 9,577,000,000 | 10,590,000,000 | 10,047,000,000 | 9,447,000,000 | 8,680,000,000 | 9,803,000,000 | 9,775,000,000 | 9,717,000,000 | 9,009,000,000 | 9,837,000,000 |
loans and notes payable | 332,000,000 | 1,551,000,000 | 2,319,000,000 | 4,379,000,000 | 5,418,000,000 | 1,499,000,000 | 2,203,000,000 | 3,793,000,000 | 6,054,000,000 | 4,557,000,000 | 3,915,000,000 | 4,828,000,000 | 5,455,000,000 | 2,373,000,000 | 3,396,000,000 | 4,358,000,000 | 3,610,000,000 | 3,307,000,000 | 1,866,000,000 | 1,867,000,000 | 1,933,000,000 | 2,183,000,000 | 5,857,000,000 | 9,423,000,000 | 13,657,000,000 | 10,994,000,000 | 10,972,000,000 | 13,030,000,000 | 11,570,000,000 | 13,194,000,000 | 12,973,000,000 | 14,715,000,000 | 14,785,000,000 | 13,205,000,000 | 13,398,000,000 | 14,355,000,000 | 13,726,000,000 | 12,498,000,000 | 12,088,000,000 | 13,901,000,000 | 14,888,000,000 | 13,129,000,000 | 17,545,000,000 | 16,306,000,000 | 14,383,000,000 | 19,130,000,000 | 19,175,000,000 | 20,081,000,000 | 18,250,000,000 | 16,901,000,000 | 18,840,000,000 | 18,314,000,000 | 16,322,000,000 | 16,297,000,000 | 16,208,000,000 | 15,964,000,000 | 13,375,000,000 | 12,871,000,000 | 13,398,000,000 |
current maturities of long-term debt | 4,493,000,000 | 1,822,000,000 | 1,920,000,000 | 91,000,000 | 163,000,000 | 648,000,000 | 1,067,000,000 | 1,939,000,000 | 1,392,000,000 | 1,960,000,000 | 2,080,000,000 | 1,171,000,000 | 811,000,000 | 399,000,000 | 729,000,000 | 788,000,000 | 1,039,000,000 | 1,338,000,000 | 448,000,000 | 337,000,000 | 2,880,000,000 | 485,000,000 | 7,508,000,000 | 5,181,000,000 | 5,642,000,000 | 4,253,000,000 | 492,000,000 | 2,749,000,000 | 3,297,000,000 | 4,997,000,000 | 6,341,000,000 | 4,023,000,000 | 4,370,000,000 | 3,298,000,000 | 3,231,000,000 | 3,478,000,000 | 2,185,000,000 | 3,527,000,000 | 3,473,000,000 | 4,895,000,000 | 4,956,000,000 | 2,677,000,000 | 2,692,000,000 | 2,031,000,000 | 2,040,000,000 | 3,552,000,000 | 2,524,000,000 | 1,519,000,000 | 1,551,000,000 | 1,024,000,000 | 3,194,000,000 | 3,193,000,000 | 4,505,000,000 | 1,577,000,000 | 341,000,000 | 128,000,000 | 1,389,000,000 | 2,041,000,000 | 2,082,000,000 |
accrued income taxes | 717,000,000 | 525,000,000 | 568,000,000 | 444,000,000 | 1,728,000,000 | 1,387,000,000 | 1,479,000,000 | 1,622,000,000 | 1,485,000,000 | 1,569,000,000 | 1,577,000,000 | 1,633,000,000 | 1,498,000,000 | 1,203,000,000 | 1,211,000,000 | 1,172,000,000 | 866,000,000 | 686,000,000 | 846,000,000 | 971,000,000 | 744,000,000 | 788,000,000 | 776,000,000 | 576,000,000 | 458,000,000 | 414,000,000 | 909,000,000 | 784,000,000 | 255,000,000 | 378,000,000 | 313,000,000 | 362,000,000 | 579,000,000 | 410,000,000 | 355,000,000 | 351,000,000 | 268,000,000 | 307,000,000 | 396,000,000 | 375,000,000 | 275,000,000 | 331,000,000 | 383,000,000 | 437,000,000 | 689,000,000 | 400,000,000 | 528,000,000 | 454,000,000 | 296,000,000 | 309,000,000 | 418,000,000 | 447,000,000 | 382,000,000 | 471,000,000 | 656,000,000 | 615,000,000 | 365,000,000 | 362,000,000 | 264,000,000 |
liabilities held for sale | 2,427,000,000 | 2,570,000,000 | 33,000,000 | 37,000,000 | 437,000,000 | 283,000,000 | 2,226,000,000 | 710,000,000 | 682,000,000 | 138,000,000 | 1,242,000,000 | 1,133,000,000 | 1,048,000,000 | 81,000,000 | 158,000,000 | 58,000,000 | 16,000,000 | 468,000,000 | 446,000,000 | 796,000,000 | |||||||||||||||||||||||||||||||||||||||
total current liabilities | 22,378,000,000 | 21,281,000,000 | 22,499,000,000 | 21,944,000,000 | 23,808,000,000 | 25,249,000,000 | 28,569,000,000 | 29,263,000,000 | 28,356,000,000 | 23,571,000,000 | 24,409,000,000 | 24,115,000,000 | 23,357,000,000 | 19,724,000,000 | 21,439,000,000 | 20,531,000,000 | 18,787,000,000 | 19,950,000,000 | 15,990,000,000 | 15,299,000,000 | 16,486,000,000 | 14,601,000,000 | 26,891,000,000 | 26,848,000,000 | 32,397,000,000 | 26,973,000,000 | 25,100,000,000 | 29,382,000,000 | 27,943,000,000 | 29,223,000,000 | 31,430,000,000 | 31,398,000,000 | 31,480,000,000 | 27,194,000,000 | 27,633,000,000 | 28,830,000,000 | 28,656,000,000 | 26,532,000,000 | 27,792,000,000 | 29,544,000,000 | 30,987,000,000 | 26,930,000,000 | 31,545,000,000 | 28,852,000,000 | 26,123,000,000 | 32,374,000,000 | 32,760,000,000 | 32,629,000,000 | 30,056,000,000 | 27,811,000,000 | 33,042,000,000 | 32,469,000,000 | 31,102,000,000 | 27,821,000,000 | 27,008,000,000 | 26,482,000,000 | 24,846,000,000 | 24,283,000,000 | 25,581,000,000 |
long-term debt | 39,065,000,000 | 42,119,000,000 | 43,177,000,000 | 44,976,000,000 | 43,530,000,000 | 42,375,000,000 | 42,994,000,000 | 38,085,000,000 | 35,104,000,000 | 35,547,000,000 | 34,176,000,000 | 35,626,000,000 | 36,134,000,000 | 36,377,000,000 | 35,462,000,000 | 36,755,000,000 | 37,052,000,000 | 38,116,000,000 | 39,394,000,000 | 39,804,000,000 | 40,170,000,000 | 40,125,000,000 | 39,502,000,000 | 37,729,000,000 | 31,094,000,000 | 27,516,000,000 | 31,012,000,000 | 29,296,000,000 | 29,400,000,000 | 25,364,000,000 | 25,523,000,000 | 28,063,000,000 | 29,792,000,000 | 31,182,000,000 | 32,471,000,000 | 31,805,000,000 | 31,538,000,000 | 29,684,000,000 | 31,663,000,000 | 29,252,000,000 | 26,990,000,000 | 28,407,000,000 | 25,949,000,000 | 25,977,000,000 | 26,087,000,000 | 19,063,000,000 | 20,111,000,000 | 18,643,000,000 | 18,640,000,000 | 19,154,000,000 | 14,173,000,000 | 14,179,000,000 | 14,291,000,000 | 14,736,000,000 | 16,181,000,000 | 16,390,000,000 | 16,351,000,000 | 13,656,000,000 | 13,708,000,000 |
other noncurrent liabilities | 4,425,000,000 | 4,735,000,000 | 4,667,000,000 | 4,856,000,000 | 4,313,000,000 | 4,084,000,000 | 4,257,000,000 | 4,077,000,000 | 5,465,000,000 | 8,466,000,000 | 8,427,000,000 | 8,449,000,000 | 7,874,000,000 | 7,922,000,000 | 8,010,000,000 | 8,046,000,000 | 8,252,000,000 | 8,607,000,000 | |||||||||||||||||||||||||||||||||||||||||
deferred income tax liabilities | 2,615,000,000 | 2,406,000,000 | 2,435,000,000 | 2,375,000,000 | 2,311,000,000 | 2,469,000,000 | 2,292,000,000 | 2,366,000,000 | 2,521,000,000 | 2,639,000,000 | 2,733,000,000 | 2,714,000,000 | 3,171,000,000 | 2,914,000,000 | 3,124,000,000 | 3,034,000,000 | 3,132,000,000 | 2,821,000,000 | 2,688,000,000 | 2,486,000,000 | 2,447,000,000 | 1,833,000,000 | 1,945,000,000 | 1,969,000,000 | 1,856,000,000 | 2,284,000,000 | 2,581,000,000 | 2,687,000,000 | 2,602,000,000 | 1,933,000,000 | 2,500,000,000 | 2,589,000,000 | 2,314,000,000 | ||||||||||||||||||||||||||
the coca-cola company shareowners’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 1,760,000,000 | 880,000,000 | 880,000,000 | 880,000,000 | 880,000,000 |
capital surplus | 20,634,000,000 | 20,581,000,000 | 20,489,000,000 | 19,970,000,000 | 19,873,000,000 | 19,801,000,000 | 19,710,000,000 | 19,468,000,000 | 19,321,000,000 | 19,209,000,000 | 19,081,000,000 | 18,993,000,000 | 18,889,000,000 | 18,822,000,000 | 18,687,000,000 | 18,581,000,000 | 18,388,000,000 | 18,116,000,000 | 17,929,000,000 | 17,781,000,000 | 17,630,000,000 | 17,601,000,000 | 17,463,000,000 | 17,367,000,000 | 17,312,000,000 | 17,154,000,000 | 17,039,000,000 | 16,833,000,000 | 16,577,000,000 | 16,520,000,000 | 16,266,000,000 | 16,117,000,000 | 16,006,000,000 | 15,864,000,000 | 15,699,000,000 | 15,473,000,000 | 15,197,000,000 | 14,993,000,000 | 14,882,000,000 | 14,710,000,000 | 14,507,000,000 | 14,016,000,000 | 13,715,000,000 | 13,486,000,000 | 13,361,000,000 | 13,154,000,000 | 12,901,000,000 | 12,675,000,000 | 12,332,000,000 | 12,276,000,000 | 12,122,000,000 | 11,990,000,000 | 11,664,000,000 | 11,379,000,000 | 11,907,000,000 | 11,557,000,000 | 11,212,000,000 | 11,056,000,000 | |
reinvested earnings | 82,026,000,000 | 80,382,000,000 | 80,305,000,000 | 78,803,000,000 | 77,189,000,000 | 76,054,000,000 | 75,946,000,000 | 75,189,000,000 | 74,868,000,000 | 73,782,000,000 | 73,793,000,000 | 72,695,000,000 | 72,137,000,000 | 71,019,000,000 | 70,893,000,000 | 69,970,000,000 | 69,969,000,000 | 69,094,000,000 | 68,494,000,000 | 67,838,000,000 | 67,009,000,000 | 66,555,000,000 | 66,863,000,000 | 66,888,000,000 | 66,870,000,000 | 65,855,000,000 | 65,481,000,000 | 64,602,000,000 | 63,704,000,000 | 63,234,000,000 | 64,028,000,000 | 63,808,000,000 | 63,150,000,000 | 60,430,000,000 | 64,759,000,000 | 64,890,000,000 | 65,099,000,000 | 65,502,000,000 | 66,457,000,000 | 66,921,000,000 | 64,985,000,000 | 65,018,000,000 | 65,209,000,000 | 65,196,000,000 | 63,524,000,000 | 63,408,000,000 | 63,972,000,000 | 63,194,000,000 | 61,937,000,000 | 61,660,000,000 | 61,187,000,000 | 59,978,000,000 | 58,549,000,000 | 58,045,000,000 | 57,320,000,000 | 56,159,000,000 | 54,520,000,000 | 53,550,000,000 | 52,965,000,000 |
accumulated other comprehensive income | -14,040,000,000 | -14,131,000,000 | -14,952,000,000 | -15,758,000,000 | -16,482,000,000 | -16,843,000,000 | -15,536,000,000 | -15,458,000,000 | -14,504,000,000 | -14,275,000,000 | -14,815,000,000 | -14,017,000,000 | -14,322,000,000 | -14,895,000,000 | -15,869,000,000 | -14,801,000,000 | -13,340,000,000 | -14,330,000,000 | -14,250,000,000 | -13,299,000,000 | -14,133,000,000 | -14,601,000,000 | -15,446,000,000 | -16,460,000,000 | |||||||||||||||||||||||||||||||||||
treasury stock | -56,747,000,000 | -56,423,000,000 | -56,355,000,000 | -56,190,000,000 | -56,138,000,000 | -55,916,000,000 | -55,362,000,000 | -55,106,000,000 | -55,016,000,000 | -54,535,000,000 | -53,494,000,000 | -53,418,000,000 | -53,247,000,000 | -52,601,000,000 | -52,666,000,000 | -52,505,000,000 | -51,932,000,000 | -51,641,000,000 | -51,754,000,000 | -51,831,000,000 | -51,911,000,000 | -52,016,000,000 | -52,033,000,000 | -52,071,000,000 | |||||||||||||||||||||||||||||||||||
equity attributable to shareowners of the coca-cola company | 33,633,000,000 | 32,169,000,000 | 31,247,000,000 | 28,585,000,000 | 26,202,000,000 | 24,856,000,000 | 26,518,000,000 | 25,853,000,000 | 26,429,000,000 | 25,941,000,000 | 26,325,000,000 | 26,013,000,000 | 25,217,000,000 | 24,105,000,000 | 22,805,000,000 | 23,005,000,000 | 24,845,000,000 | 22,999,000,000 | 22,179,000,000 | 22,249,000,000 | 20,355,000,000 | 19,299,000,000 | 18,607,000,000 | 17,484,000,000 | 18,158,000,000 | 18,981,000,000 | 18,713,000,000 | 18,181,000,000 | 17,735,000,000 | 16,981,000,000 | 18,264,000,000 | 18,323,000,000 | 19,610,000,000 | 17,072,000,000 | 22,119,000,000 | 22,001,000,000 | 22,876,000,000 | 23,062,000,000 | 26,076,000,000 | 26,637,000,000 | 24,914,000,000 | 25,554,000,000 | 26,049,000,000 | 28,418,000,000 | 28,837,000,000 | 30,320,000,000 | 33,429,000,000 | 34,071,000,000 | 32,654,000,000 | 33,173,000,000 | 32,132,000,000 | 32,223,000,000 | 32,480,000,000 | 32,790,000,000 | 33,210,000,000 | 32,269,000,000 | 32,818,000,000 | 31,635,000,000 | 33,209,000,000 |
equity attributable to noncontrolling interests | 2,101,000,000 | 2,106,000,000 | 2,020,000,000 | 1,597,000,000 | 1,552,000,000 | 1,516,000,000 | 1,636,000,000 | 1,558,000,000 | 1,517,000,000 | 1,539,000,000 | 1,508,000,000 | 1,539,000,000 | 1,651,000,000 | 1,721,000,000 | 1,631,000,000 | 1,798,000,000 | 1,996,000,000 | 1,861,000,000 | 1,954,000,000 | 2,006,000,000 | 1,977,000,000 | 1,985,000,000 | 1,709,000,000 | 1,705,000,000 | 1,676,000,000 | 2,117,000,000 | 1,970,000,000 | 2,114,000,000 | 2,069,000,000 | 2,077,000,000 | 1,914,000,000 | 1,853,000,000 | 2,007,000,000 | 1,905,000,000 | 33,000,000 | 88,000,000 | 191,000,000 | 158,000,000 | 169,000,000 | 201,000,000 | 215,000,000 | 210,000,000 | 218,000,000 | 223,000,000 | 241,000,000 | 241,000,000 | 240,000,000 | 230,000,000 | 268,000,000 | 267,000,000 | 333,000,000 | 408,000,000 | 414,000,000 | 378,000,000 | 380,000,000 | 360,000,000 | 400,000,000 | 286,000,000 | 290,000,000 |
total equity | 35,734,000,000 | 34,275,000,000 | 33,267,000,000 | 30,182,000,000 | 27,754,000,000 | 26,372,000,000 | 28,154,000,000 | 27,411,000,000 | 27,946,000,000 | 27,480,000,000 | 27,833,000,000 | 27,552,000,000 | 26,868,000,000 | 25,826,000,000 | 24,436,000,000 | 24,803,000,000 | 26,841,000,000 | 24,860,000,000 | 24,133,000,000 | 24,255,000,000 | 22,332,000,000 | 21,284,000,000 | 20,316,000,000 | 19,189,000,000 | 19,834,000,000 | 21,098,000,000 | 20,683,000,000 | 20,295,000,000 | 19,804,000,000 | 19,058,000,000 | 20,178,000,000 | 20,176,000,000 | 21,617,000,000 | 18,977,000,000 | 22,152,000,000 | 22,089,000,000 | 23,067,000,000 | 23,220,000,000 | 26,245,000,000 | 26,838,000,000 | 25,129,000,000 | 25,764,000,000 | 26,267,000,000 | 28,641,000,000 | 29,078,000,000 | 30,561,000,000 | 33,669,000,000 | 34,301,000,000 | 32,922,000,000 | 33,440,000,000 | 32,465,000,000 | 32,631,000,000 | 32,894,000,000 | 33,168,000,000 | 33,590,000,000 | 32,629,000,000 | 33,218,000,000 | 31,921,000,000 | 33,499,000,000 |
total liabilities and equity | 104,217,000,000 | 104,816,000,000 | 106,045,000,000 | 104,333,000,000 | 101,716,000,000 | 100,549,000,000 | 106,266,000,000 | 101,202,000,000 | 99,392,000,000 | 97,703,000,000 | 97,578,000,000 | 98,456,000,000 | 97,404,000,000 | 92,763,000,000 | 92,471,000,000 | 93,169,000,000 | 94,064,000,000 | 94,354,000,000 | 90,606,000,000 | 90,194,000,000 | 89,993,000,000 | 87,296,000,000 | 97,184,000,000 | 94,689,000,000 | 94,013,000,000 | 86,381,000,000 | 87,433,000,000 | 89,996,000,000 | 88,347,000,000 | 83,216,000,000 | 86,877,000,000 | 89,593,000,000 | 93,282,000,000 | 87,896,000,000 | 90,515,000,000 | 91,146,000,000 | 91,201,000,000 | 87,270,000,000 | 93,927,000,000 | 94,094,000,000 | 91,263,000,000 | 90,093,000,000 | 93,008,000,000 | 93,538,000,000 | 91,016,000,000 | 92,023,000,000 | 96,314,000,000 | 95,489,000,000 | 91,289,000,000 | 90,055,000,000 | 89,432,000,000 | 89,511,000,000 | 88,450,000,000 | 86,174,000,000 | 86,654,000,000 | 85,149,000,000 | 83,897,000,000 | 79,974,000,000 | 81,753,000,000 |
property, plant and equipment — net | 9,613,000,000 | 10,303,000,000 | 9,236,000,000 | 9,841,000,000 | 9,920,000,000 | 10,777,000,000 | 10,838,000,000 | 8,232,000,000 | 8,203,000,000 | 10,635,000,000 | 12,571,000,000 | 14,633,000,000 | 14,967,000,000 | 14,476,000,000 | 14,939,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
other investments | 44,000,000 | 167,000,000 | 147,000,000 | 118,000,000 | 104,000,000 | 158,000,000 | 337,000,000 | 501,000,000 | 582,000,000 | 655,000,000 | 788,000,000 | 818,000,000 | 897,000,000 | 945,000,000 | 806,000,000 | 812,000,000 | 712,000,000 | 746,000,000 | 652,000,000 | 854,000,000 | 878,000,000 | 894,000,000 | 915,000,000 | 867,000,000 | 1,051,000,000 | 1,015,000,000 | 1,039,000,000 | 1,096,000,000 | 1,117,000,000 | 1,158,000,000 | 1,230,000,000 | 989,000,000 | 1,110,000,000 | 1,284,000,000 | 1,186,000,000 | 3,470,000,000 | 2,430,000,000 | 3,002,000,000 | 4,044,000,000 | 3,678,000,000 | 3,737,000,000 | 3,601,000,000 | 2,844,000,000 | ||||||||||||||||
other intangible assets | 461,000,000 | 471,000,000 | 492,000,000 | 516,000,000 | 528,000,000 | 572,000,000 | 614,000,000 | 635,000,000 | 649,000,000 | 707,000,000 | 754,000,000 | 785,000,000 | 496,000,000 | 538,000,000 | 588,000,000 | 649,000,000 | 700,000,000 | 555,000,000 | 600,000,000 | 627,000,000 | 589,000,000 | 652,000,000 | 318,000,000 | 274,000,000 | 280,000,000 | 292,000,000 | 306,000,000 | 368,000,000 | 378,000,000 | 444,000,000 | 512,000,000 | 726,000,000 | 760,000,000 | 831,000,000 | 906,000,000 | 854,000,000 | 897,000,000 | 976,000,000 | 1,017,000,000 | 1,050,000,000 | 1,123,000,000 | 1,059,000,000 | 1,104,000,000 | 1,140,000,000 | 1,057,000,000 | 1,098,000,000 | 1,114,000,000 | 1,150,000,000 | 1,138,000,000 | 1,183,000,000 | 1,222,000,000 | 1,250,000,000 | 1,194,000,000 | ||||||
prepaid expenses and other assets | 2,300,000,000 | 2,122,000,000 | 2,225,000,000 | 1,916,000,000 | 2,191,000,000 | 2,205,000,000 | 2,580,000,000 | 1,886,000,000 | 2,510,000,000 | 2,658,000,000 | 2,935,000,000 | 1,962,000,000 | 2,066,000,000 | 2,543,000,000 | 2,449,000,000 | 2,000,000,000 | 2,993,000,000 | 2,866,000,000 | 2,670,000,000 | 2,481,000,000 | 3,091,000,000 | 3,332,000,000 | 3,314,000,000 | 2,752,000,000 | 3,029,000,000 | 3,159,000,000 | 3,605,000,000 | 3,066,000,000 | 3,277,000,000 | 2,856,000,000 | 3,029,000,000 | 2,886,000,000 | 2,680,000,000 | 3,055,000,000 | 3,294,000,000 | 2,781,000,000 | 3,099,000,000 | 3,375,000,000 | 3,988,000,000 | 3,450,000,000 | 3,391,000,000 | ||||||||||||||||||
other assets | 6,490,000,000 | 6,553,000,000 | 6,494,000,000 | 6,184,000,000 | 6,161,000,000 | 5,875,000,000 | 6,001,000,000 | 6,075,000,000 | 5,750,000,000 | 5,596,000,000 | 5,382,000,000 | 4,139,000,000 | 4,535,000,000 | 4,401,000,000 | 4,428,000,000 | 4,560,000,000 | 4,480,000,000 | 4,318,000,000 | 4,454,000,000 | 4,248,000,000 | 4,526,000,000 | 4,370,000,000 | 4,314,000,000 | 4,207,000,000 | 4,446,000,000 | 4,517,000,000 | 4,602,000,000 | 4,407,000,000 | 4,850,000,000 | 4,805,000,000 | 4,655,000,000 | 4,661,000,000 | 4,270,000,000 | 3,855,000,000 | 3,922,000,000 | 3,585,000,000 | 3,629,000,000 | 3,663,000,000 | 3,770,000,000 | 3,495,000,000 | 3,219,000,000 | ||||||||||||||||||
other liabilities | 8,401,000,000 | 8,350,000,000 | 8,558,000,000 | 9,453,000,000 | 8,530,000,000 | 8,954,000,000 | 8,832,000,000 | 8,510,000,000 | 8,057,000,000 | 8,336,000,000 | 8,598,000,000 | 7,638,000,000 | 7,246,000,000 | 7,367,000,000 | 8,079,000,000 | 8,021,000,000 | 3,946,000,000 | 4,092,000,000 | 4,041,000,000 | 4,081,000,000 | 3,984,000,000 | 3,963,000,000 | 3,820,000,000 | 4,301,000,000 | 4,194,000,000 | 4,283,000,000 | 4,296,000,000 | 4,389,000,000 | 3,383,000,000 | 3,447,000,000 | 3,414,000,000 | 3,498,000,000 | 4,445,000,000 | 4,934,000,000 | 4,949,000,000 | 5,468,000,000 | 4,678,000,000 | 4,658,000,000 | 4,663,000,000 | 5,420,000,000 | 4,404,000,000 | ||||||||||||||||||
the coca-cola company shareowners' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bottlers' franchise rights with indefinite lives | 103,000,000 | 108,000,000 | 109,000,000 | 109,000,000 | 110,000,000 | 111,000,000 | 51,000,000 | 51,000,000 | 38,000,000 | 53,000,000 | 138,000,000 | 138,000,000 | 772,000,000 | 1,769,000,000 | 3,676,000,000 | 4,438,000,000 | 5,616,000,000 | 5,714,000,000 | 6,000,000,000 | 6,133,000,000 | 7,313,000,000 | 6,620,000,000 | 6,689,000,000 | 7,025,000,000 | 7,284,000,000 | 7,403,000,000 | 7,415,000,000 | 7,426,000,000 | 7,410,000,000 | 7,414,000,000 | 7,405,000,000 | 7,746,000,000 | 7,738,000,000 | 7,796,000,000 | 7,770,000,000 | 7,716,000,000 | |||||||||||||||||||||||
assets held for sale — discontinued operations | 6,627,000,000 | 6,546,000,000 | 6,171,000,000 | 6,681,000,000 | 7,166,000,000 | 7,329,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale — discontinued operations | 1,835,000,000 | 1,722,000,000 | 1,486,000,000 | 1,456,000,000 | 1,495,000,000 | 1,496,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 2,522,000,000 | 4,313,000,000 | 4,330,000,000 | 3,899,000,000 | 3,753,000,000 | 4,243,000,000 | 4,497,000,000 | 4,337,000,000 | 4,691,000,000 | 5,053,000,000 | 5,785,000,000 | 5,432,000,000 | 5,636,000,000 | 6,391,000,000 | 6,469,000,000 | 6,257,000,000 | 6,152,000,000 | 5,307,000,000 | 5,298,000,000 | 5,214,000,000 | 4,981,000,000 | 5,197,000,000 | 4,990,000,000 | 4,819,000,000 | 4,694,000,000 | 4,561,000,000 | |||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | 4,677,000,000 | 1,566,000,000 | 7,124,000,000 | 6,353,000,000 | 4,231,000,000 | 1,626,000,000 | 9,086,000,000 | 8,634,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 961,000,000 | 473,000,000 | 1,976,000,000 | 1,477,000,000 | 967,000,000 | 473,000,000 | 1,982,000,000 | 1,954,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 117,000,000 | 60,000,000 | 209,000,000 | 143,000,000 | 112,000,000 | 39,000,000 | 259,000,000 | 354,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
equity (income) loss — net of dividends | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency adjustments | 415,000,000 | 305,000,000 | 260,000,000 | 280,000,000 | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
significant (gains) losses on sales of assets — net | 33,000,000 | 831,000,000 | 410,000,000 | 140,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating charges | 609,000,000 | 139,000,000 | 761,000,000 | 192,000,000 | 120,000,000 | 84,000,000 | 166,000,000 | 214,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other items | 609,000,000 | 522,000,000 | 149,000,000 | 38,000,000 | 6,000,000 | 46,000,000 | 254,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 5,118,000,000 | 1,574,000,000 | 10,615,000,000 | 7,979,000,000 | 4,470,000,000 | 1,066,000,000 | 10,645,000,000 | 9,474,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of investments | 6,316,000,000 | 3,746,000,000 | 12,986,000,000 | 9,558,000,000 | 6,192,000,000 | 2,595,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, equity method investments and nonmarketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of businesses, equity method investments and nonmarketable securities | 413,000,000 | 229,000,000 | 148,000,000 | 73,000,000 | 45,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of property, plant and equipment | 33,000,000 | 21,000,000 | 223,000,000 | 150,000,000 | 134,000,000 | 68,000,000 | 143,000,000 | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | 314,000,000 | 27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of debt | 24,878,000,000 | 16,373,000,000 | 41,674,000,000 | 33,292,000,000 | 21,267,000,000 | 10,926,000,000 | 42,791,000,000 | 27,495,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
payments of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of stock | 410,000,000 | 279,000,000 | 1,532,000,000 | 1,058,000,000 | 650,000,000 | 191,000,000 | 1,489,000,000 | 1,569,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of stock for treasury | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | 115,000,000 | 21,000,000 | 100,000,000 | 45,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 62,000,000 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase during the period | 670,000,000 | 1,204,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at beginning of period | 8,958,000,000 | 8,958,000,000 | 10,414,000,000 | 10,414,000,000 | 10,414,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at end of period | 8,805,000,000 | 8,211,000,000 | 11,084,000,000 | 11,618,000,000 | 9,131,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
year ended december 31, | 2,014,000,000 | 2,012,000,000 | 2,011,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase during the year | 4,286,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at beginning of year | 10,414,000,000 | 12,803,000,000 | 8,517,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at end of year | 8,958,000,000 | 8,442,000,000 | 12,803,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments, principally bottling companies | 1,119,000,000 | 1,150,000,000 | 1,318,000,000 | 1,227,000,000 | 1,232,000,000 | 1,612,000,000 | 1,398,000,000 | 1,317,000,000 | 1,141,000,000 | 1,264,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other significant (gains) losses — net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of short-term investments | 5,622,000,000 | 5,647,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions and investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of other investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of bottling companies and other investments | 2,189,000,000 | 562,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital surplus1 | 11,280,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-12-31 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-31 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-07-01 | 2016-04-01 | 2015-12-31 | 2015-10-02 | 2015-07-03 | 2015-04-03 | 2014-12-31 | 2014-09-26 | 2014-06-27 | 2014-03-28 | 2013-12-31 | 2013-09-27 | 2013-06-28 | 2013-03-29 | 2012-12-31 | 2012-09-28 | 2012-06-29 | 2012-03-30 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated net income | 3,966,000,000 | 2,316,000,000 | 3,683,000,000 | 3,803,000,000 | 3,335,000,000 | 2,213,000,000 | 2,850,000,000 | 2,401,000,000 | 3,185,000,000 | 1,986,000,000 | 3,083,000,000 | 2,521,000,000 | 3,113,000,000 | 2,056,000,000 | 2,822,000,000 | 1,900,000,000 | 2,793,000,000 | 2,450,000,000 | 2,475,000,000 | 2,624,000,000 | 2,255,000,000 | 1,474,000,000 | 1,740,000,000 | 1,759,000,000 | 2,795,000,000 | 2,065,000,000 | 2,589,000,000 | 2,628,000,000 | 1,703,000,000 | 927,000,000 | 1,818,000,000 | 2,331,000,000 | 1,400,000,000 | -2,717,000,000 | 1,444,000,000 | 1,372,000,000 | 1,184,000,000 | 547,000,000 | 1,050,000,000 | 3,460,000,000 | 1,493,000,000 | 1,236,000,000 | 1,453,000,000 | 3,111,000,000 | 1,566,000,000 | 771,000,000 | 2,122,000,000 | 2,605,000,000 | 1,626,000,000 | 1,708,000,000 | 2,455,000,000 | 2,694,000,000 | 1,769,000,000 | 1,890,000,000 | 2,329,000,000 | 2,800,000,000 | 2,067,000,000 | 1,674,000,000 |
adjustments to reconcile consolidated net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 264,000,000 | 236,000,000 | 268,000,000 | 279,000,000 | 267,000,000 | 276,000,000 | 268,000,000 | 269,000,000 | 262,000,000 | 271,000,000 | 290,000,000 | 281,000,000 | 286,000,000 | 307,000,000 | 307,000,000 | 322,000,000 | 324,000,000 | 341,000,000 | 362,000,000 | 383,000,000 | 366,000,000 | 430,000,000 | 358,000,000 | 381,000,000 | 367,000,000 | 400,000,000 | 363,000,000 | 327,000,000 | 275,000,000 | 279,000,000 | 254,000,000 | 283,000,000 | 270,000,000 | 334,000,000 | 297,000,000 | 301,000,000 | 328,000,000 | 464,000,000 | 420,000,000 | 445,000,000 | 458,000,000 | 527,000,000 | 482,000,000 | 488,000,000 | 473,000,000 | 499,000,000 | 510,000,000 | 494,000,000 | 473,000,000 | 533,000,000 | 497,000,000 | 474,000,000 | 473,000,000 | 513,000,000 | 514,000,000 | 508,000,000 | 447,000,000 | 531,000,000 |
stock-based compensation expense | 56,000,000 | 75,000,000 | 74,000,000 | 67,000,000 | 63,000,000 | 79,000,000 | 67,000,000 | 72,000,000 | 68,000,000 | 77,000,000 | 57,000,000 | 62,000,000 | 58,000,000 | 83,000,000 | 84,000,000 | 102,000,000 | 87,000,000 | 101,000,000 | 88,000,000 | 90,000,000 | 58,000,000 | 38,000,000 | 52,000,000 | 55,000,000 | 58,000,000 | 48,000,000 | 40,000,000 | 58,000,000 | 46,000,000 | 49,000,000 | 72,000,000 | 52,000,000 | 53,000,000 | 59,000,000 | 55,000,000 | 67,000,000 | 72,000,000 | 50,000,000 | 69,000,000 | 65,000,000 | 54,000,000 | 57,000,000 | 60,000,000 | 66,000,000 | 31,000,000 | 73,000,000 | 39,000,000 | 72,000,000 | 63,000,000 | 45,000,000 | 47,000,000 | 5,000,000 | 88,000,000 | 89,000,000 | 77,000,000 | 86,000,000 | ||
deferred income taxes | 205,000,000 | 21,000,000 | 37,000,000 | 364,000,000 | 95,000,000 | -29,000,000 | -173,000,000 | 152,000,000 | 57,000,000 | -471,000,000 | 260,000,000 | 13,000,000 | -8,000,000 | -168,000,000 | 41,000,000 | 168,000,000 | 226,000,000 | 123,000,000 | 377,000,000 | -28,000,000 | 49,000,000 | 110,000,000 | -14,000,000 | -139,000,000 | -431,000,000 | 635,000,000 | 8,000,000 | 13,000,000 | 469,000,000 | 79,000,000 | -57,000,000 | 157,000,000 | 476,000,000 | 103,000,000 | 834,000,000 | |||||||||||||||||||||||
equity loss — net of dividends | -375,000,000 | -179,000,000 | -472,000,000 | -123,000,000 | -264,000,000 | -109,000,000 | -419,000,000 | -216,000,000 | -58,000,000 | -67,000,000 | -485,000,000 | -218,000,000 | -249,000,000 | -71,000,000 | -408,000,000 | -112,000,000 | -247,000,000 | 6,000,000 | -288,000,000 | -83,000,000 | -250,000,000 | 54,000,000 | -353,000,000 | |||||||||||||||||||||||||||||||||||
foreign currency adjustments | 33,000,000 | 64,000,000 | 16,000,000 | 61,000,000 | 50,000,000 | -49,000,000 | 26,000,000 | -104,000,000 | 17,000,000 | 197,000,000 | -56,000,000 | 9,000,000 | 25,000,000 | 27,000,000 | 38,000,000 | 38,000,000 | 100,000,000 | 91,000,000 | 26,000,000 | -11,000,000 | -20,000,000 | 57,000,000 | -78,000,000 | 12,000,000 | 42,000,000 | -41,000,000 | 289,000,000 | -39,000,000 | 72,000,000 | -35,000,000 | 75,000,000 | 25,000,000 | 93,000,000 | 110,000,000 | 45,000,000 | -20,000,000 | 280,000,000 | 28,000,000 | -19,000,000 | -25,000,000 | 184,000,000 | -28,000,000 | ||||||||||||||||
significant losses — net | 10,000,000 | -317,000,000 | 37,000,000 | -102,000,000 | -331,000,000 | -15,000,000 | -324,000,000 | 3,000,000 | -1,401,000,000 | -50,000,000 | 0 | 0 | -442,000,000 | -154,000,000 | 0 | 0 | 25,000,000 | -867,000,000 | 192,000,000 | -691,000,000 | 1,000,000 | -15,000,000 | 2,000,000 | 160,000,000 | 87,000,000 | |||||||||||||||||||||||||||||||||
other operating charges | 10,000,000 | 1,014,000,000 | 0 | 126,000,000 | 1,007,000,000 | 1,335,000,000 | 1,532,000,000 | 76,000,000 | 290,000,000 | 1,287,000,000 | 88,000,000 | 16,000,000 | 104,000,000 | 928,000,000 | 38,000,000 | 263,000,000 | 5,000,000 | 169,000,000 | 69,000,000 | -115,000,000 | 330,000,000 | 151,000,000 | 190,000,000 | -20,000,000 | 54,000,000 | 38,000,000 | 55,000,000 | -104,000,000 | 86,000,000 | 66,000,000 | 510,000,000 | 300,000,000 | -52,000,000 | 701,000,000 | 269,000,000 | 370,000,000 | 67,000,000 | 68,000,000 | 142,000,000 | 232,000,000 | 88,000,000 | 470,000,000 | 139,000,000 | 569,000,000 | 72,000,000 | 36,000,000 | 84,000,000 | 134,000,000 | 248,000,000 | 9,000,000 | 74,000,000 | 68,000,000 | -1,000,000 | 36,000,000 | 63,000,000 | 26,000,000 | ||
other items | 115,000,000 | -306,000,000 | 209,000,000 | 134,000,000 | 104,000,000 | -168,000,000 | -77,000,000 | -7,000,000 | -59,000,000 | 5,000,000 | 177,000,000 | -123,000,000 | -102,000,000 | 19,000,000 | -84,000,000 | 371,000,000 | -70,000,000 | -316,000,000 | 14,000,000 | 346,000,000 | 157,000,000 | 137,000,000 | 510,000,000 | -183,000,000 | 235,000,000 | 60,000,000 | 264,000,000 | 58,000,000 | 122,000,000 | 566,000,000 | 60,000,000 | 16,000,000 | -115,000,000 | 250,000,000 | 87,000,000 | 522,000,000 | 111,000,000 | 32,000,000 | -40,000,000 | 46,000,000 | 97,000,000 | 115,000,000 | -14,000,000 | 36,000,000 | 193,000,000 | 29,000,000 | 31,000,000 | 1,000,000 | ||||||||||
net change in operating assets and liabilities | -2,263,000,000 | 832,000,000 | 1,191,000,000 | -710,000,000 | -8,521,000,000 | 1,609,000,000 | -4,859,000,000 | -139,000,000 | -2,845,000,000 | 23,000,000 | 887,000,000 | 1,121,000,000 | -2,877,000,000 | 654,000,000 | 667,000,000 | 542,000,000 | -2,468,000,000 | 1,157,000,000 | 606,000,000 | 939,000,000 | -1,377,000,000 | 1,592,000,000 | 824,000,000 | 245,000,000 | ||||||||||||||||||||||||||||||||||
net cash from operating activities | 2,021,000,000 | 3,756,000,000 | 5,043,000,000 | 3,811,000,000 | -5,202,000,000 | 3,951,000,000 | -1,259,000,000 | 3,585,000,000 | 528,000,000 | 2,670,000,000 | 4,300,000,000 | 4,469,000,000 | 160,000,000 | 2,950,000,000 | 3,522,000,000 | 3,923,000,000 | 623,000,000 | 3,394,000,000 | 3,706,000,000 | 3,889,000,000 | 1,636,000,000 | 3,624,000,000 | 3,434,000,000 | 2,230,000,000 | 556,000,000 | 2,700,000,000 | 3,270,000,000 | 3,802,000,000 | 699,000,000 | 1,840,000,000 | 2,872,000,000 | 1,995,000,000 | 613,000,000 | 1,077,000,000 | 2,527,000,000 | 2,603,000,000 | 788,000,000 | 2,073,000,000 | 2,903,000,000 | 3,216,000,000 | 604,000,000 | 2,138,000,000 | 3,272,000,000 | 3,544,000,000 | 1,574,000,000 | 2,636,000,000 | 3,509,000,000 | 3,404,000,000 | 1,066,000,000 | 2,830,000,000 | 3,756,000,000 | 3,478,000,000 | 478,000,000 | 2,805,000,000 | 3,662,000,000 | 3,685,000,000 | 493,000,000 | 2,674,000,000 |
capital expenditures | -266,000,000 | -882,000,000 | -479,000,000 | -442,000,000 | -309,000,000 | -803,000,000 | -469,000,000 | -422,000,000 | -370,000,000 | -851,000,000 | -386,000,000 | -339,000,000 | -276,000,000 | -708,000,000 | -289,000,000 | -270,000,000 | -217,000,000 | -639,000,000 | -278,000,000 | -234,000,000 | -216,000,000 | -418,000,000 | -223,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 1,755,000,000 | 2,874,000,000 | 4,564,000,000 | 3,369,000,000 | -5,511,000,000 | 3,148,000,000 | -1,728,000,000 | 3,163,000,000 | 158,000,000 | 1,819,000,000 | 3,914,000,000 | 4,130,000,000 | -116,000,000 | 2,242,000,000 | 3,233,000,000 | 3,653,000,000 | 406,000,000 | 2,755,000,000 | 3,428,000,000 | 3,655,000,000 | 1,420,000,000 | 3,206,000,000 | 3,211,000,000 | 2,230,000,000 | 556,000,000 | 2,700,000,000 | 3,270,000,000 | 3,802,000,000 | 699,000,000 | 1,840,000,000 | 2,872,000,000 | 1,995,000,000 | 613,000,000 | 1,077,000,000 | 2,527,000,000 | 2,603,000,000 | 788,000,000 | 2,073,000,000 | 2,903,000,000 | 3,216,000,000 | 604,000,000 | 2,138,000,000 | 3,272,000,000 | 3,544,000,000 | 1,574,000,000 | 2,636,000,000 | 3,509,000,000 | 3,404,000,000 | 1,066,000,000 | 2,830,000,000 | 3,756,000,000 | 3,478,000,000 | 478,000,000 | 2,805,000,000 | 3,662,000,000 | 3,685,000,000 | 493,000,000 | 2,674,000,000 |
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -1,459,000,000 | -2,868,000,000 | -427,000,000 | -358,000,000 | -2,507,000,000 | -1,242,000,000 | -571,000,000 | -1,275,000,000 | -2,552,000,000 | -2,110,000,000 | -2,485,000,000 | -1,364,000,000 | -739,000,000 | -582,000,000 | -1,129,000,000 | -1,205,000,000 | -835,000,000 | -1,298,000,000 | -1,301,000,000 | -1,965,000,000 | -1,466,000,000 | -1,532,000,000 | -3,757,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from disposals of investments | 3,503,000,000 | 365,000,000 | 2,099,000,000 | 1,196,000,000 | 1,005,000,000 | 1,464,000,000 | 2,463,000,000 | 2,218,000,000 | 444,000,000 | 1,462,000,000 | 1,284,000,000 | 793,000,000 | 815,000,000 | 1,722,000,000 | 777,000,000 | 949,000,000 | 1,323,000,000 | 1,765,000,000 | 1,483,000,000 | 2,436,000,000 | 1,375,000,000 | 7,353,000,000 | 3,833,000,000 | 1,046,000,000 | 1,603,000,000 | 1,299,000,000 | 2,279,000,000 | 1,401,000,000 | 1,994,000,000 | 3,898,000,000 | 3,458,000,000 | 3,242,000,000 | 4,379,000,000 | 3,750,000,000 | 3,824,000,000 | 4,161,000,000 | 4,176,000,000 | 3,414,000,000 | 3,692,000,000 | 3,508,000,000 | 6,010,000,000 | 3,676,000,000 | 4,087,000,000 | 2,570,000,000 | 3,746,000,000 | 3,428,000,000 | 3,366,000,000 | 3,597,000,000 | 2,595,000,000 | 3,190,000,000 | 4,377,000,000 | 2,999,000,000 | 2,225,000,000 | |||||
acquisitions of businesses, equity method investments and nonmarketable securities | -37,000,000 | -105,000,000 | -177,000,000 | -137,000,000 | -42,000,000 | -162,000,000 | -128,000,000 | -17,000,000 | -8,000,000 | -17,000,000 | -2,000,000 | -23,000,000 | -20,000,000 | -33,000,000 | -34,000,000 | -1,000,000 | -5,000,000 | -4,755,000,000 | 0 | -7,000,000 | -4,000,000 | -63,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from disposals of businesses, equity method investments and nonmarketable securities | 2,547,000,000 | 47,000,000 | 225,000,000 | 748,000,000 | 17,000,000 | 561,000,000 | 14,000,000 | 2,893,000,000 | 103,000,000 | 7,000,000 | 1,000,000 | 319,000,000 | 229,000,000 | 11,000,000 | 0 | 218,000,000 | 230,000,000 | 185,000,000 | 1,763,000,000 | 2,000,000 | 143,000,000 | 0 | 10,000,000 | 36,000,000 | 163,000,000 | 1,000,000 | 4,000,000 | 261,000,000 | 8,000,000 | 1,050,000,000 | 301,000,000 | 3,000,000 | 1,031,000,000 | 735,000,000 | 625,000,000 | 1,430,000,000 | 290,000,000 | 325,000,000 | 129,000,000 | 291,000,000 | 149,000,000 | 3,000,000 | 184,000,000 | 229,000,000 | 75,000,000 | 28,000,000 | 3,000,000 | 179,000,000 | 0 | 690,000,000 | ||||||||
purchases of property, plant and equipment | -266,000,000 | -882,000,000 | -479,000,000 | -442,000,000 | -309,000,000 | -803,000,000 | -469,000,000 | -422,000,000 | -370,000,000 | -851,000,000 | -386,000,000 | -339,000,000 | -276,000,000 | -708,000,000 | -289,000,000 | -270,000,000 | -217,000,000 | -639,000,000 | -278,000,000 | -234,000,000 | -216,000,000 | -418,000,000 | -223,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from disposals of property, plant and equipment | 2,000,000 | -8,000,000 | 8,000,000 | 5,000,000 | 8,000,000 | 7,000,000 | 12,000,000 | 7,000,000 | 14,000,000 | 28,000,000 | 8,000,000 | 17,000,000 | 21,000,000 | 29,000,000 | 13,000,000 | 17,000,000 | 16,000,000 | 43,000,000 | 37,000,000 | 17,000,000 | 11,000,000 | 33,000,000 | 44,000,000 | 21,000,000 | 91,000,000 | 34,000,000 | 901,000,000 | 17,000,000 | 26,000,000 | 150,000,000 | 33,000,000 | 19,000,000 | 43,000,000 | 32,000,000 | 30,000,000 | 24,000,000 | 18,000,000 | 58,000,000 | 51,000,000 | 12,000,000 | 29,000,000 | 35,000,000 | 17,000,000 | 12,000,000 | 21,000,000 | 73,000,000 | 16,000,000 | 66,000,000 | 68,000,000 | 47,000,000 | 7,000,000 | 22,000,000 | 35,000,000 | 70,000,000 | 16,000,000 | 30,000,000 | 27,000,000 | 35,000,000 |
collateral received associated with hedging activities — net | -20,000,000 | 30,000,000 | 94,000,000 | 221,000,000 | -15,000,000 | -64,000,000 | 375,000,000 | 29,000,000 | -105,000,000 | 490,000,000 | -109,000,000 | -33,000,000 | 18,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
other investing activities | 23,000,000 | -123,000,000 | 90,000,000 | 79,000,000 | 45,000,000 | 0 | 67,000,000 | 113,000,000 | 14,000,000 | -31,000,000 | 26,000,000 | 65,000,000 | -21,000,000 | 785,000,000 | 1,056,000,000 | -781,000,000 | -354,000,000 | -30,000,000 | 40,000,000 | 24,000,000 | 17,000,000 | 79,000,000 | 3,000,000 | 31,000,000 | 16,000,000 | -5,000,000 | 22,000,000 | 5,000,000 | 314,000,000 | 27,000,000 | ||||||||||||||||||||||||||||
net cash from investing activities | 1,746,000,000 | -1,044,000,000 | 1,255,000,000 | 789,000,000 | -1,067,000,000 | -783,000,000 | 2,310,000,000 | 667,000,000 | 330,000,000 | -926,000,000 | -1,657,000,000 | -883,000,000 | 117,000,000 | 1,426,000,000 | -1,044,000,000 | -1,291,000,000 | 146,000,000 | -4,684,000,000 | 166,000,000 | 2,034,000,000 | -281,000,000 | 5,595,000,000 | -105,000,000 | 2,111,000,000 | 1,896,000,000 | 1,020,000,000 | 1,321,000,000 | 1,039,000,000 | 348,000,000 | |||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of loans, notes payable and long-term debt | 126,000,000 | -466,000,000 | -116,000,000 | 5,436,000,000 | 763,000,000 | 4,466,000,000 | 4,547,000,000 | 2,285,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments of loans, notes payable and long-term debt | -1,262,000,000 | -801,000,000 | -1,536,000,000 | -1,031,000,000 | -1,599,000,000 | -1,608,000,000 | -3,191,000,000 | -3,368,000,000 | -1,366,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
issuances of stock | 155,000,000 | 70,000,000 | 20,000,000 | 64,000,000 | 159,000,000 | 30,000,000 | 280,000,000 | 147,000,000 | 290,000,000 | 115,000,000 | 65,000,000 | 130,000,000 | 229,000,000 | 130,000,000 | 55,000,000 | 203,000,000 | 449,000,000 | 209,000,000 | 151,000,000 | 159,000,000 | 183,000,000 | 133,000,000 | 70,000,000 | 31,000,000 | 413,000,000 | 89,000,000 | 321,000,000 | 412,000,000 | 190,000,000 | 585,000,000 | 291,000,000 | 123,000,000 | 477,000,000 | 275,000,000 | 403,000,000 | 523,000,000 | 394,000,000 | 139,000,000 | 187,000,000 | 345,000,000 | 763,000,000 | 513,000,000 | 322,000,000 | 131,000,000 | 279,000,000 | 474,000,000 | 408,000,000 | 459,000,000 | 191,000,000 | 249,000,000 | 128,000,000 | 534,000,000 | 417,000,000 | 170,000,000 | 324,000,000 | 559,000,000 | 436,000,000 | 187,000,000 |
purchases of stock for treasury | -477,000,000 | -102,000,000 | -172,000,000 | -102,000,000 | -370,000,000 | -567,000,000 | -354,000,000 | -172,000,000 | -702,000,000 | -1,096,000,000 | -109,000,000 | -236,000,000 | -848,000,000 | -6,000,000 | -202,000,000 | -664,000,000 | -546,000,000 | -7,000,000 | 0 | 0 | -104,000,000 | -25,000,000 | 0 | |||||||||||||||||||||||||||||||||||
dividends | -2,281,000,000 | -4,388,000,000 | -2,108,000,000 | -2,194,000,000 | -89,000,000 | -4,085,000,000 | -2,090,000,000 | -2,085,000,000 | -99,000,000 | -3,874,000,000 | -1,989,000,000 | -1,988,000,000 | -101,000,000 | -3,706,000,000 | -100,000,000 | -1,904,000,000 | -1,906,000,000 | -1,815,000,000 | -1,814,000,000 | -1,813,000,000 | -1,810,000,000 | -3,525,000,000 | -1,761,000,000 | |||||||||||||||||||||||||||||||||||
other financing activities | -3,000,000 | -18,000,000 | -155,000,000 | -1,000,000 | -105,000,000 | -17,000,000 | -5,000,000 | -7,000,000 | -2,000,000 | -8,000,000 | -1,000,000 | -341,000,000 | -115,000,000 | -42,000,000 | -31,000,000 | -43,000,000 | -979,000,000 | 1,000,000 | 18,000,000 | 77,000,000 | -449,000,000 | 157,000,000 | 169,000,000 | 95,000,000 | 29,000,000 | -119,000,000 | 113,000,000 | -48,000,000 | 133,000,000 | 21,000,000 | 115,000,000 | 94,000,000 | 21,000,000 | -53,000,000 | -17,000,000 | 66,000,000 | 21,000,000 | -7,000,000 | 52,000,000 | 13,000,000 | 42,000,000 | 12,000,000 | ||||||||||||||||
net cash from financing activities | -3,868,000,000 | -5,052,000,000 | -3,140,000,000 | -3,380,000,000 | 3,432,000,000 | -5,484,000,000 | -894,000,000 | -938,000,000 | 406,000,000 | -4,225,000,000 | -3,087,000,000 | -3,063,000,000 | 2,065,000,000 | -5,172,000,000 | -1,128,000,000 | -975,000,000 | -2,975,000,000 | -195,000,000 | -1,629,000,000 | -5,326,000,000 | 364,000,000 | -14,043,000,000 | -2,072,000,000 | 235,000,000 | 7,810,000,000 | 285,000,000 | 284,000,000 | -738,000,000 | 1,535,000,000 | 399,000,000 | -143,000,000 | 205,000,000 | -1,299,000,000 | 1,435,000,000 | -774,000,000 | 1,922,000,000 | ||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents | 86,000,000 | -14,000,000 | 3,000,000 | 169,000,000 | 163,000,000 | -357,000,000 | 91,000,000 | -219,000,000 | -138,000,000 | -37,000,000 | -198,000,000 | 49,000,000 | 113,000,000 | 187,000,000 | -231,000,000 | -334,000,000 | 173,000,000 | -103,000,000 | -138,000,000 | 100,000,000 | -18,000,000 | 112,000,000 | 136,000,000 | -54,000,000 | 56,000,000 | 95,000,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents, restricted cash and restricted cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, restricted cash and restricted cash equivalents during the period | -15,000,000 | 3,161,000,000 | 1,389,000,000 | -2,674,000,000 | 248,000,000 | 3,095,000,000 | 1,126,000,000 | -642,000,000 | 572,000,000 | 2,455,000,000 | 1,119,000,000 | 1,323,000,000 | -2,033,000,000 | 2,105,000,000 | 697,000,000 | 1,701,000,000 | 1,393,000,000 | -3,536,000,000 | 7,228,000,000 | 1,170,000,000 | -379,000,000 | 2,375,000,000 | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period | 11,010,000,000 | 0 | 0 | 11,488,000,000 | 0 | 0 | 9,692,000,000 | 0 | 0 | 9,825,000,000 | 0 | 0 | 10,025,000,000 | 0 | 0 | 7,110,000,000 | 0 | 0 | 6,737,000,000 | 0 | 0 | 9,318,000,000 | 0 | 0 | 6,373,000,000 | |||||||||||||||||||||||||||||||||
cash, cash equivalents, restricted cash and restricted cash equivalents at end of period | 10,995,000,000 | 3,161,000,000 | 1,389,000,000 | 8,814,000,000 | 248,000,000 | 3,095,000,000 | 10,818,000,000 | -642,000,000 | 572,000,000 | 12,280,000,000 | 1,119,000,000 | 1,323,000,000 | 7,992,000,000 | 2,105,000,000 | 697,000,000 | 8,811,000,000 | 1,393,000,000 | -3,536,000,000 | 13,965,000,000 | 749,000,000 | 903,000,000 | 6,124,000,000 | 1,170,000,000 | -379,000,000 | 8,748,000,000 | |||||||||||||||||||||||||||||||||
less: restricted cash and restricted cash equivalents at end of period | 421,000,000 | 19,000,000 | 216,000,000 | 397,000,000 | 18,000,000 | -170,000,000 | 375,000,000 | 39,000,000 | 12,000,000 | 276,000,000 | -32,000,000 | 28,000,000 | 311,000,000 | -8,000,000 | -7,000,000 | 327,000,000 | 45,000,000 | -12,000,000 | 404,000,000 | -51,000,000 | -183,000,000 | 479,000,000 | 80,000,000 | -63,000,000 | 457,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 10,574,000,000 | 3,142,000,000 | 1,173,000,000 | 8,417,000,000 | 230,000,000 | 3,265,000,000 | 10,443,000,000 | -681,000,000 | 560,000,000 | 12,004,000,000 | 1,151,000,000 | 1,295,000,000 | 7,681,000,000 | 2,113,000,000 | 704,000,000 | 8,484,000,000 | 1,348,000,000 | -3,524,000,000 | 13,561,000,000 | 800,000,000 | 1,086,000,000 | 5,645,000,000 | 1,090,000,000 | -316,000,000 | 8,291,000,000 | |||||||||||||||||||||||||||||||||
proceeds from sale of a noncontrolling interest | 61,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, restricted cash and restricted cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: restricted cash and restricted cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of debt | 1,375,000,000 | 564,000,000 | 4,074,000,000 | -379,000,000 | 1,095,000,000 | 2,204,000,000 | 1,052,000,000 | 1,246,000,000 | 1,096,000,000 | 5,164,000,000 | 5,588,000,000 | 36,000,000 | 7,123,000,000 | 7,212,000,000 | 12,563,000,000 | 3,411,000,000 | 5,080,000,000 | 4,399,000,000 | 10,119,000,000 | 5,960,000,000 | 5,189,000,000 | 6,614,000,000 | 9,576,000,000 | 4,958,000,000 | 6,313,000,000 | 6,882,000,000 | 11,704,000,000 | 4,614,000,000 | 6,720,000,000 | 7,417,000,000 | 8,530,000,000 | 6,136,000,000 | 9,420,000,000 | 8,505,000,000 | 16,373,000,000 | 8,382,000,000 | 12,025,000,000 | 10,341,000,000 | 10,926,000,000 | 12,278,000,000 | 8,368,000,000 | 10,194,000,000 | 12,585,000,000 | 9,903,000,000 | 10,924,000,000 | 10,606,000,000 | 11,358,000,000 | 4,872,000,000 | ||||||||||
payments of debt | -2,428,000,000 | -1,192,000,000 | -1,174,000,000 | -1,169,000,000 | -1,945,000,000 | -771,000,000 | -1,045,000,000 | 171,000,000 | -1,080,000,000 | -8,913,000,000 | -3,044,000,000 | -10,819,000,000 | -7,673,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | -135,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 1,646,000,000 | 792,000,000 | 2,319,000,000 | 2,289,000,000 | 1,327,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities from discontinued operations | 89,000,000 | 97,000,000 | 132,000,000 | 32,000,000 | 46,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities from discontinued operations | 136,000,000 | 15,000,000 | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from discontinued operations | 81,000,000 | 9,000,000 | 36,000,000 | -16,000,000 | 62,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
significant losses on sales of assets — net | 64,000,000 | 34,000,000 | 517,000,000 | 683,000,000 | -238,000,000 | 497,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | -68,000,000 | 111,000,000 | -4,000,000 | 203,000,000 | -7,000,000 | 150,000,000 | 88,000,000 | 25,000,000 | 329,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase during the year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase during the period | 810,000,000 | -402,000,000 | 3,565,000,000 | 1,500,000,000 | 899,000,000 | 1,439,000,000 | -534,000,000 | 1,712,000,000 | 244,000,000 | 720,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
balance at beginning of period | 0 | 0 | 8,555,000,000 | 0 | 0 | 7,309,000,000 | 0 | 0 | 8,958,000,000 | 0 | 0 | 10,414,000,000 | 0 | 0 | 8,442,000,000 | 0 | 0 | 12,803,000,000 | ||||||||||||||||||||||||||||||||||||||||
balance at end of period | 810,000,000 | -402,000,000 | 12,120,000,000 | 1,500,000,000 | 899,000,000 | 8,748,000,000 | 1,178,000,000 | 594,000,000 | 8,211,000,000 | -534,000,000 | 2,487,000,000 | 9,131,000,000 | 1,712,000,000 | 244,000,000 | 9,162,000,000 | 278,000,000 | -1,327,000,000 | 10,664,000,000 | ||||||||||||||||||||||||||||||||||||||||
equity (income) loss — net of dividends | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
significant (gains) losses on sales of assets — net | 782,000,000 | 362,000,000 | 33,000,000 | 421,000,000 | 270,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other significant (gains) losses — net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of short-term investments | 2,877,000,000 | 1,653,000,000 | 574,000,000 | 518,000,000 | 2,621,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions and investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of other investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposals of bottling companies and other investments | 486,000,000 | 746,000,000 | 908,000,000 | 49,000,000 | 94,000,000 |