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: 2016 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| NET OPERATING REVENUES | $ 41,863 | 44,294 | 45,998 |
| Cost of goods sold | 16,465 | 17,482 | 17,889 |
| GROSS PROFIT | 25,398 | 26,812 | 28,109 |
| Selling, general and administrative expenses | 15,262 | 16,427 | 17,218 |
| Other operating charges | 1,510 | 1,657 | 1,183 |
| OPERATING INCOME | 8,626 | 8,728 | 9,708 |
| Interest income | 642 | 613 | 594 |
| Interest expense | 733 | 856 | 483 |
| Equity income (loss) - net | 835 | 489 | 769 |
| Other income (loss) - net | (1,234) | 631 | (1,263) |
| INCOME BEFORE INCOME TAXES | 8,136 | 9,605 | 9,325 |
| Income taxes | 1,586 | 2,239 | 2,201 |
| CONSOLIDATED NET INCOME | 6,550 | 7,366 | 7,124 |
| Less: Net income attributable to noncontrolling interests | 23 | 15 | 26 |
| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 6,527 | 7,351 | 7,098 |
| BASIC NET INCOME PER SHARE (in dollars per share) | 1.51 | 1.69 [1] | 1.62 |
| DILUTED NET INCOME PER SHARE (in dollars per share) | 1.49 | 1.67 | 1.60 |
| AVERAGE SHARES OUTSTANDING (in shares) | 4,317 | 4,352 | 4,387 |
| Effect of dilutive securities (in shares) | 50 | 53 | 63 |
| AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) | 4,367 | 4,405 | 4,450 |
| [1] Calculated based on net income attributable to shareowners of The Coca-Cola Company. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| CONSOLIDATED NET INCOME | $ 6,550 | 7,366 | 7,124 |
| Other comprehensive income | |||
| Net foreign currency translation adjustment | (626) | (3,959) | (2,382) |
| Net gain (loss) on derivatives | (382) | 142 | 357 |
| Net urealized gain (loss) on available-for-sale securities | 17 | (684) | 714 |
| Net change in pension and other benefit liabilities | (53) | 86 | (1,039) |
| TOTAL COMPREHENSIVE INCOME (LOSS) | 5,506 | 2,951 | 4,774 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | 10 | (3) | 21 |
| TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 5,496 | 2,954 | 4,753 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| OPERATING ACTIVITIES | |||
| CONSOLIDATED NET INCOME | $ 6,550 | 7,366 | 7,124 |
| Depreciation and amortization | 1,787 | 1,970 | 1,976 |
| Stock-based compensation expense | 258 | 236 | 209 |
| Deferred income taxes | (856) | 73 | (40) |
| Equity (income) loss - net of dividends | (449) | (122) | (371) |
| Foreign currency adjustments | 158 | (137) | 415 |
| Significant (gains) losses on sales of assets - net | 1,146 | (374) | 831 |
| Other operating charges | 647 | 929 | 761 |
| Other items | (224) | 744 | 149 |
| Net change in operating assets and liabilities | (221) | (157) | (439) |
| Net cash provided by operating activities | 8,796 | 10,528 | 10,615 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (15,499) | (15,831) | (17,800) |
| Proceeds from disposals of investments | 16,624 | 14,079 | 12,986 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (838) | (2,491) | (389) |
| Proceeds from disposals of businesses, equity method investments and nonmarkatable securities | 1,035 | 565 | 148 |
| Purchases of property, plant and equipment | (2,262) | (2,553) | (2,406) |
| Proceeds from disposals of property, plant and equipment | 150 | 85 | 223 |
| Other investing activities | (209) | (40) | (268) |
| Net cash provided by (used in) investing activities | (999) | (6,186) | (7,506) |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 27,281 | 40,434 | 41,674 |
| Payments of debt | (25,615) | (37,738) | (36,962) |
| Issuances of stock | 1,434 | 1,245 | 1,532 |
| Purchases of stock for treasury | (3,681) | (3,564) | (4,162) |
| Dividends | (6,043) | (5,741) | (5,350) |
| Other financing activities | 79 | 251 | (363) |
| Net cash provided by (used in) financing activities | (6,545) | (5,113) | (3,631) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | (6) | (878) | (934) |
| CASH AND CASH EQUIVALENTS | |||
| Net increase (decrease) during the year | 1,246 | (1,649) | (1,456) |
| Balance at beginning of year | 7,309 | 8,958 | |
| Balance at end of year | 8,555 | 7,309 | 8,958 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 8,555 | 7,309 |
| Short-term investments | 9,595 | 8,322 |
| TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS | 18,150 | 15,631 |
| Marketable securities | 4,051 | 4,269 |
| Trade accounts receivable, less allowances of $466 and $352, respectively | 3,856 | 3,941 |
| Inventories | 2,675 | 2,902 |
| Prepaid expenses and other assets | 2,481 | 2,752 |
| Assets held for sale | 2,797 | 3,900 |
| TOTAL CURRENT ASSETS | 34,010 | 33,395 |
| EQUITY METHOD INVESTMENTS | 16,260 | 12,318 |
| OTHER INVESTMENTS | 989 | 3,470 |
| OTHER ASSETS | 4,248 | 4,110 |
| PROPERTY, PLANT AND EQUIPMENT - net | 10,635 | 12,571 |
| TRADEMARKS WITH INDEFINITE LIVES | 6,097 | 5,989 |
| BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES | 3,676 | 6,000 |
| GOODWILL | 10,629 | 11,289 |
| OTHER INTANGIBLE ASSETS | 726 | 854 |
| TOTAL ASSETS | 87,270 | 89,996 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 9,490 | 9,660 |
| Loans and notes payable | 12,498 | 13,129 |
| Current maturities of long-term debt | 3,527 | 2,676 |
| Accrued income taxes | 307 | 331 |
| Liabilities held for sale | 710 | 1,133 |
| TOTAL CURRENT LIABILITIES | 26,532 | 26,929 |
| LONG-TERM DEBT | 29,684 | 28,311 |
| OTHER LIABILITIES | 4,081 | 4,301 |
| DEFERRED INCOME TAXES | 3,753 | 4,691 |
| THE COCA-COLA COMPANY SHAREOWNERS' EQUITY | ||
| Common stock, $0.25 par value; Authorized 11,200 shares; Issued 7,040 and 7,040 shares, respectively | 1,760 | 1,760 |
| Capital surplus | 14,993 | 14,016 |
| Reinvested earnings | 65,502 | 65,018 |
| Accumulated other comprehensive income (loss) | (11,205) | (10,174) |
| Treasury stock, at cost 2,752 and 2,716 shares, respectively | (47,988) | (45,066) |
| EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 23,062 | 25,554 |
| EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 158 | 210 |
| TOTAL EQUITY | 23,220 | 25,764 |
| TOTAL LIABILITIES AND EQUITY | 87,270 | 89,996 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2016 | |
| 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 |