10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 21, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net Operating Revenues | $ 43,004 | 38,655 | 33,014 |
| Cost of goods sold | 18,000 | 15,357 | 13,433 |
| Gross Profit | 25,004 | 23,298 | 19,581 |
| Selling, general and administrative expenses | 12,880 | 12,144 | 9,731 |
| Other operating charges | 1,215 | 846 | 853 |
| Operating Income | 10,909 | 10,308 | 8,997 |
| Interest income | 449 | 276 | 370 |
| Interest expense | 882 | 1,597 | 1,437 |
| Equity income (loss) net | 1,472 | 1,438 | 978 |
| Other income (loss) net | (262) | 2,000 | 841 |
| Income Before Income Taxes | 11,686 | 12,425 | 9,749 |
| Income taxes | 2,115 | 2,621 | 1,981 |
| Consolidated Net Income | 9,571 | 9,804 | 7,768 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 29 | 33 | 21 |
| Net Income Attributable to Shareowners of The Coca-Cola Company | 9,542 | 9,771 | 7,747 |
| Basic Net Income Per Share1 | 2.20 | 2.26 | 1.80 |
| Diluted Net Income Per Share1 | 2.19 | 2.25 | 1.79 |
| Average Shares Outstanding Basic | 4,328 | 4,315 | 4,295 |
| Effect of dilutive securities | 22 | 25 | 28 |
| Average Shares Outstanding Diluted | 4,350 | 4,340 | 4,323 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 21, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Consolidated Net Income | $ 9,571 | 9,804 | 7,768 |
| Other comprehensive income | |||
| Net foreign currency translation adjustments | (1,132) | (699) | (911) |
| Net gains (losses) on derivatives | 4 | 214 | 15 |
| Net change in unrealized gains (losses) on available-for-sale debt securities | 37 | (90) | (47) |
| Net change in pension and other postretirement benefit liabilities | 408 | 712 | (267) |
| Total Comprehensive Income | 8,888 | 9,941 | 6,558 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | (89) | (101) | (132) |
| Total Comprehensive Income Attributable to Shareowners of The Coca-Cola Company | 8,977 | 10,042 | 6,690 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 21, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| OPERATING ACTIVITIES | |||
| Consolidated Net Income | $ 9,571 | 9,804 | 7,768 |
| Depreciation and amortization | 1,260 | 1,452 | 1,536 |
| Stock-based compensation expense | 356 | 337 | 126 |
| Deferred income taxes | (122) | 894 | (18) |
| Equity (income) loss net of dividends | (838) | (615) | (511) |
| Foreign currency adjustments | 203 | 86 | (88) |
| Significant (gains) losses net | (129) | (1,365) | (914) |
| Other operating charges | 1,086 | 506 | 556 |
| Other items | 236 | 201 | 699 |
| Net change in operating assets and liabilities | (605) | 1,325 | 690 |
| Net Cash Provided by Operating Activities | 11,018 | 12,625 | 9,844 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (3,751) | (6,030) | (13,583) |
| Proceeds from disposals of investments | 4,771 | 7,059 | 13,835 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (73) | (4,766) | (1,052) |
| Proceeds from disposals of businesses, equity method investments and nonmarketable securities | 458 | 2,180 | 189 |
| Purchases of property, plant and equipment | (1,484) | (1,367) | (1,177) |
| Proceeds from disposals of property, plant and equipment | 75 | 108 | 189 |
| Collateral (paid) received associated with hedging activities net | (1,465) | 0 | 0 |
| Other investing activities | 706 | 51 | 122 |
| Net Cash Provided by (Used in) Investing Activities | (763) | (2,765) | (1,477) |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 3,972 | 13,094 | 26,934 |
| Payments of debt | (4,930) | (12,866) | (28,796) |
| Issuances of stock | 837 | 702 | 647 |
| Purchases of stock for treasury | (1,418) | (111) | (118) |
| Dividends | (7,616) | (7,252) | (7,047) |
| Other financing activities | (1,095) | (353) | 310 |
| Net Cash Provided by (Used in) Financing Activities | (10,250) | (6,786) | (8,070) |
| CASH AND CASH EQUIVALENTS | |||
| Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents | (205) | (159) | 76 |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | (200) | 2,915 | 373 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year | 10,025 | 7,110 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year | 9,825 | 10,025 | 7,110 |
| Restricted Cash and Restricted Cash Equivalents | 306 | 341 | 315 |
| Cash and cash equivalents | 9,519 | 9,684 | 6,795 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2022 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 21, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 9,519 | 9,684 |
| Short-term investments | 1,043 | 1,242 |
| Total Cash, Cash Equivalents and Short-Term Investments | 10,562 | 10,926 |
| Marketable securities | 1,069 | 1,699 |
| Trade accounts receivable, less allowances of $516 and $516, respectively | 3,487 | 3,512 |
| Inventories | 4,233 | 3,414 |
| Prepaid expenses and other current assets | 3,240 | 2,994 |
| Total Current Assets | 22,591 | 22,545 |
| Equity method investments | 18,264 | 17,598 |
| Other investments | 501 | 818 |
| Other noncurrent assets | 6,189 | 6,731 |
| Deferred income tax assets | 1,746 | 2,129 |
| Property, plant and equipment net | 9,841 | 9,920 |
| Trademarks with indefinite lives | 14,214 | 14,465 |
| Goodwill | 18,782 | 19,363 |
| Other intangible assets | 635 | 785 |
| Total Assets | 92,763 | 94,354 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 15,749 | 14,619 |
| Loans and notes payable | 2,373 | 3,307 |
| Current maturities of long-term debt | 399 | 1,338 |
| Accrued income taxes | 1,203 | 686 |
| Total Current Liabilities | 19,724 | 19,950 |
| Long-term debt | 36,377 | 38,116 |
| Other noncurrent liabilities | 7,922 | 8,607 |
| Deferred income tax liabilities | 2,914 | 2,821 |
| THE COCA-COLA COMPANY SHAREOWNERS' EQUITY | ||
| Common stock, $0.25 par value; authorized 11,200 shares; issued 7,040 shares | 1,760 | 1,760 |
| Capital surplus | 18,822 | 18,116 |
| Reinvested earnings | 71,019 | 69,094 |
| Accumulated other comprehensive income (loss) | (14,895) | (14,330) |
| Treasury stock, at cost 2,712 and 2,715 shares, respectively | (52,601) | (51,641) |
| Equity Attributable to Shareowners of The Coca-Cola Company | 24,105 | 22,999 |
| Equity attributable to noncontrolling interests | 1,721 | 1,861 |
| Total Equity | 25,826 | 24,860 |
| Total Liabilities and Equity | 92,763 | 94,354 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |