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: 2018 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenues | $ 31,856 | 35,410 | 41,863 |
| Cost of Goods and Services Sold | 11,770 | 13,255 | 16,465 |
| GROSS PROFIT | 20,086 | 22,155 | 25,398 |
| Selling, General and Administrative Expense | 10,307 | 12,654 | 15,370 |
| Other Cost and Expense, Operating | 1,079 | 1,902 | 1,371 |
| OPERATING INCOME | 8,700 | 7,599 | 8,657 |
| Interest income | 682 | 677 | 642 |
| Interest expense | 919 | 841 | 733 |
| Equity income (loss) - net | 1,008 | 1,071 | 835 |
| Other income (loss) - net | (1,121) | (1,764) | (1,265) |
| INCOME BEFORE INCOME TAXES | 8,350 | 6,742 | 8,136 |
| Income taxes | 1,623 | 5,560 | 1,586 |
| NET INCOME FROM CONTINUING OPERATIONS | 6,727 | 1,182 | 6,550 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | (251) | 101 | 0 |
| CONSOLIDATED NET INCOME | 6,476 | 1,283 | 6,550 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 42 | 35 | 23 |
| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 6,434 | 1,248 | 6,527 |
| Income (Loss) from Continuing Operations, Per Basic Share | 1.58 | 0.28 | 1.51 |
| Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share | (0.07) | 0.02 | 0.00 |
| BASIC NET INCOME PER SHARE (in dollars per share) | 1.51 | 0.29 | 1.51 |
| Income (Loss) from Continuing Operations, Per Diluted Share | 1.57 | 0.27 | 1.49 |
| Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share | (0.07) | 0.02 | 0.00 |
| DILUTED NET INCOME PER SHARE (in dollars per share) | 1.50 | 0.29 | 1.49 |
| AVERAGE SHARES OUTSTANDING (in shares) | 4,259 | 4,272 | 4,317 |
| Effect of dilutive securities (in shares) | 40 | 52 | 50 |
| AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) | 4,299 | 4,324 | 4,367 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| CONSOLIDATED NET INCOME | $ 6,476 | 1,283 | 6,550 |
| Other comprehensive income | |||
| Net foreign currency translation adjustment | (2,035) | 861 | (626) |
| Net gain (loss) on derivatives | (7) | (433) | (382) |
| Net unrealized gains (losses) on available-for-sale securities | (34) | 188 | 17 |
| Net change in pension and other benefit liabilities | 29 | 322 | (53) |
| TOTAL COMPREHENSIVE INCOME (LOSS) | 4,429 | 2,221 | 5,506 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | 95 | 73 | 10 |
| TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 4,334 | 2,148 | 5,496 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| OPERATING ACTIVITIES | |||
| CONSOLIDATED NET INCOME | $ 6,476 | 1,283 | 6,550 |
| (Income) Loss from Discontinued Operations | 251 | (101) | 0 |
| NET INCOME FROM CONTINUING OPERATIONS | 6,727 | 1,182 | 6,550 |
| Depreciation and amortization | 1,086 | 1,260 | 1,787 |
| Stock-based compensation expense | 225 | 219 | 258 |
| Deferred income taxes | (450) | (1,256) | (856) |
| Equity (income) loss - net of dividends | (457) | (628) | (449) |
| Foreign currency adjustments | (38) | 281 | 158 |
| Significant (gains) losses on sales of assets - net | 189 | 1,459 | 1,146 |
| Other operating charges | 558 | 1,218 | 647 |
| Other items | 682 | (269) | (224) |
| Net change in operating assets and liabilities | (1,202) | 3,464 | (225) |
| Net cash provided by operating activities | 7,320 | 6,930 | 8,792 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (7,789) | (17,296) | (16,626) |
| Proceeds from disposals of investments | 14,977 | 16,694 | 17,842 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (1,040) | (3,809) | (838) |
| Proceeds from disposals of businesses, equity method investments and nonmarkatable securities | 1,362 | 3,821 | 1,035 |
| Purchases of property, plant and equipment | (1,347) | (1,675) | (2,262) |
| Proceeds from disposals of property, plant and equipment | 245 | 104 | 150 |
| Other investing activities | (60) | (93) | (305) |
| Net cash provided by (used in) investing activities | 6,348 | (2,254) | (1,004) |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 27,339 | 29,857 | 27,281 |
| Payments of debt | (30,568) | (28,768) | (25,615) |
| Issuances of stock | 1,476 | 1,595 | 1,434 |
| Purchases of stock for treasury | (1,912) | (3,682) | (3,681) |
| Dividends | (6,644) | (6,320) | (6,043) |
| Other financing activities | (243) | (91) | 79 |
| Net cash provided by (used in) financing activities | (10,552) | (7,409) | (6,545) |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | 307 | 111 | 0 |
| Cash Provided by (Used in) Investing Activities, Discontinued Operations | (421) | (58) | 0 |
| Cash Provided by (Used in) Financing Activities, Discontinued Operations | 205 | (38) | 0 |
| Net Cash Provided by (Used in) Discontinued Operations | 91 | 15 | 0 |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | (262) | 241 | (5) |
| CASH AND CASH EQUIVALENTS | |||
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | 2,945 | (2,477) | 1,238 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the Beginning of the Year | 6,373 | 8,850 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the End of the Year | 9,318 | 6,373 | 8,850 |
| Restricted Cash and Restricted Cash Equivalents not included in Cash and Cash Equivalents on Balance Sheet | 392 | 367 | 295 |
| Cash and cash equivalents | 8,926 | 6,006 | 8,555 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2018 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 8,926 | 6,006 |
| Short-term investments | 2,025 | 9,352 |
| TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS | 10,951 | 15,358 |
| Marketable securities | 5,013 | 5,317 |
| Trade accounts receivable, less allowances of $489 and $477, respectively | 3,396 | 3,667 |
| Inventories | 2,766 | 2,655 |
| Prepaid expenses and other assets | 1,962 | 2,000 |
| Assets held for sale | 0 | 219 |
| Assets held for sale - discontinuing operations | 6,546 | 7,329 |
| TOTAL CURRENT ASSETS | 30,634 | 36,545 |
| EQUITY METHOD INVESTMENTS | 19,407 | 20,856 |
| OTHER INVESTMENTS | 867 | 1,096 |
| OTHER ASSETS | 4,139 | 4,230 |
| Deferred Tax Assets, Net, Noncurrent | 2,667 | 330 |
| PROPERTY, PLANT AND EQUIPMENT - net | 8,232 | 8,203 |
| TRADEMARKS WITH INDEFINITE LIVES | 6,682 | 6,729 |
| BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES | 51 | 138 |
| GOODWILL | 10,263 | 9,401 |
| OTHER INTANGIBLE ASSETS | 274 | 368 |
| TOTAL ASSETS | 83,216 | 87,896 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 8,932 | 8,748 |
| Notes and Loans Payable, Current | 13,194 | 13,205 |
| Current maturities of long-term debt | 4,997 | 3,298 |
| Accrued income taxes | 378 | 410 |
| Liabilities held for sale | 0 | 37 |
| Liabilities Held for Sale, Discontinued Operations | 1,722 | 1,496 |
| TOTAL CURRENT LIABILITIES | 29,223 | 27,194 |
| LONG-TERM DEBT | 25,364 | 31,182 |
| OTHER LIABILITIES | 7,638 | 8,021 |
| DEFERRED INCOME TAXES | 1,933 | 2,522 |
| 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 | 16,520 | 15,864 |
| Reinvested earnings | 63,234 | 60,430 |
| Accumulated other comprehensive income (loss) | (12,814) | (10,305) |
| Treasury stock, at cost 2,772 and 2,781 shares, respectively | (51,719) | (50,677) |
| EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 16,981 | 17,072 |
| EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 2,077 | 1,905 |
| TOTAL EQUITY | 19,058 | 18,977 |
| TOTAL LIABILITIES AND EQUITY | 83,216 | 87,896 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2018 | |
| 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 |