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: 2019 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 24, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Revenues | $ 37,266 | 34,300 | 36,212 |
| Cost of Goods and Services Sold | 14,619 | 13,067 | 13,721 |
| GROSS PROFIT | 22,647 | 21,233 | 22,491 |
| Selling, General and Administrative Expense | 12,103 | 11,002 | 12,834 |
| Other Cost and Expense, Operating | 458 | 1,079 | 1,902 |
| OPERATING INCOME | 10,086 | 9,152 | 7,755 |
| Interest income | 563 | 689 | 679 |
| Interest expense | 946 | 950 | 853 |
| Equity income (loss) - net | 1,049 | 1,008 | 1,072 |
| Other income (loss) - net | 34 | (1,674) | (1,763) |
| INCOME BEFORE INCOME TAXES | 10,786 | 8,225 | 6,890 |
| Income taxes | 1,801 | 1,749 | 5,607 |
| CONSOLIDATED NET INCOME | 8,985 | 6,476 | 1,283 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 65 | 42 | 35 |
| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 8,920 | 6,434 | 1,248 |
| BASIC NET INCOME PER SHARE (in dollars per share) | 2.09 | 1.51 | 0.29 |
| DILUTED NET INCOME PER SHARE (in dollars per share) | 2.07 | 1.50 | 0.29 |
| AVERAGE SHARES OUTSTANDING (in shares) | 4,276 | 4,259 | 4,272 |
| Effect of dilutive securities (in shares) | 38 | 40 | 52 |
| AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) | 4,314 | 4,299 | 4,324 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 24, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| CONSOLIDATED NET INCOME | $ 8,985 | 6,476 | 1,283 |
| Other comprehensive income | |||
| Net foreign currency translation adjustment | 74 | (2,035) | 861 |
| Net gain (loss) on derivatives | (54) | (7) | (433) |
| Net unrealized gains (losses) on available-for-sale securities | 18 | (34) | 188 |
| Net change in pension and other benefit liabilities | (159) | 29 | 322 |
| Total comprehensive income | 8,864 | 4,429 | 2,221 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | 110 | 95 | 73 |
| TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 8,754 | 4,334 | 2,148 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2019 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 24, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| OPERATING ACTIVITIES | |||
| CONSOLIDATED NET INCOME | $ 8,985 | 6,476 | 1,283 |
| Depreciation and amortization | 1,365 | 1,086 | 1,260 |
| Stock-based compensation expense | 201 | 225 | 219 |
| Deferred income taxes | (280) | (413) | (1,252) |
| Equity (income) loss - net of dividends | (421) | (457) | (628) |
| Foreign currency adjustments | 91 | (50) | 292 |
| Significant (gains) losses on sales of assets - net | (467) | 743 | 1,459 |
| Other operating charges | 127 | 558 | 1,218 |
| Other items | 504 | 699 | (252) |
| Net change in operating assets and liabilities | 366 | (1,240) | 3,442 |
| Net cash provided by operating activities | 10,471 | 7,627 | 7,041 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (4,704) | (7,789) | (17,296) |
| Proceeds from disposals of investments | 6,973 | 14,977 | 16,694 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (5,542) | (1,263) | (3,809) |
| Proceeds from disposals of businesses, equity method investments and nonmarkatable securities | 429 | 1,362 | 3,821 |
| Purchases of property, plant and equipment | (2,054) | (1,548) | (1,750) |
| Proceeds from disposals of property, plant and equipment | 978 | 248 | 108 |
| Other investing activities | (56) | (60) | (80) |
| Net cash provided by (used in) investing activities | (3,976) | 5,927 | (2,312) |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 23,009 | 27,605 | 29,926 |
| Payments of debt | (24,850) | (30,600) | (28,871) |
| Issuances of stock | 1,012 | 1,476 | 1,595 |
| Purchases of stock for treasury | (1,103) | (1,912) | (3,682) |
| Dividends | (6,845) | (6,644) | (6,320) |
| Other financing activities | (227) | (272) | (95) |
| Net cash provided by (used in) financing activities | (9,004) | (10,347) | (7,447) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | (72) | (262) | 241 |
| CASH AND CASH EQUIVALENTS | |||
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | (2,581) | 2,945 | (2,477) |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the Beginning of the Year | 9,318 | 6,373 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the End of the Year | 6,737 | 9,318 | 6,373 |
| Restricted Cash and Restricted Cash Equivalents not included in Cash and Cash Equivalents on Balance Sheet | 257 | 241 | 271 |
| Cash and cash equivalents | 6,480 | 9,077 | 6,102 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2019 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 24, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 6,480 | 9,077 |
| Short-term investments | 1,467 | 2,025 |
| TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS | 7,947 | 11,102 |
| Marketable securities | 3,228 | 5,013 |
| Trade accounts receivable, less allowances of $524 and $501, respectively | 3,971 | 3,685 |
| Inventories | 3,379 | 3,071 |
| Prepaid expenses and other assets | 1,886 | 2,059 |
| TOTAL CURRENT ASSETS | 20,411 | 24,930 |
| EQUITY METHOD INVESTMENTS | 19,025 | 19,412 |
| OTHER INVESTMENTS | 854 | 867 |
| OTHER ASSETS | 6,075 | 4,148 |
| Deferred Tax Assets, Net, Noncurrent | 2,412 | 2,674 |
| PROPERTY, PLANT AND EQUIPMENT - net | 10,838 | 9,598 |
| TRADEMARKS WITH INDEFINITE LIVES | 9,266 | 6,682 |
| BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES | 109 | 51 |
| GOODWILL | 16,764 | 14,109 |
| OTHER INTANGIBLE ASSETS | 627 | 745 |
| TOTAL ASSETS | 86,381 | 83,216 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 11,312 | 9,533 |
| Notes and Loans Payable, Current | 10,994 | 13,835 |
| Current maturities of long-term debt | 4,253 | 5,003 |
| Accrued income taxes | 414 | 411 |
| TOTAL CURRENT LIABILITIES | 26,973 | 28,782 |
| LONG-TERM DEBT | 27,516 | 25,376 |
| OTHER LIABILITIES | 8,510 | 7,646 |
| DEFERRED INCOME TAXES | 2,284 | 2,354 |
| 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 | 17,154 | 16,520 |
| Reinvested earnings | 65,855 | 63,234 |
| Accumulated other comprehensive income (loss) | (13,544) | (12,814) |
| Treasury stock, at cost 2,760 and 2,772 shares, respectively | (52,244) | (51,719) |
| EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 18,981 | 16,981 |
| EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 2,117 | 2,077 |
| TOTAL EQUITY | 21,098 | 19,058 |
| TOTAL LIABILITIES AND EQUITY | 86,381 | 83,216 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2019 | |
| 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 |