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: 2020 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenues | $ 33,014 | 37,266 | 34,300 |
| Cost of Goods and Services Sold | 13,433 | 14,619 | 13,067 |
| GROSS PROFIT | 19,581 | 22,647 | 21,233 |
| Selling, General and Administrative Expense | 9,731 | 12,103 | 11,002 |
| Other Cost and Expense, Operating | 853 | 458 | 1,079 |
| OPERATING INCOME | 8,997 | 10,086 | 9,152 |
| Interest income | 370 | 563 | 689 |
| Interest expense | 1,437 | 946 | 950 |
| Equity income (loss) - net | 978 | 1,049 | 1,008 |
| Other income (loss) - net | 841 | 34 | (1,674) |
| INCOME BEFORE INCOME TAXES | 9,749 | 10,786 | 8,225 |
| Income taxes | 1,981 | 1,801 | 1,749 |
| CONSOLIDATED NET INCOME | 7,768 | 8,985 | 6,476 |
| Net Income (Loss) Attributable to Noncontrolling Interest | 21 | 65 | 42 |
| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 7,747 | 8,920 | 6,434 |
| BASIC NET INCOME PER SHARE (in dollars per share) | 1.80 | 2.09 | 1.51 |
| DILUTED NET INCOME PER SHARE (in dollars per share) | 1.79 | 2.07 | 1.50 |
| AVERAGE SHARES OUTSTANDING (in shares) | 4,295 | 4,276 | 4,259 |
| Effect of dilutive securities (in shares) | 28 | 38 | 40 |
| AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) | 4,323 | 4,314 | 4,299 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| CONSOLIDATED NET INCOME | $ 7,768 | 8,985 | 6,476 |
| Other comprehensive income | |||
| Net foreign currency translation adjustment | (911) | 74 | (2,035) |
| Net gain (loss) on derivatives | 15 | (54) | (7) |
| Net unrealized gains (losses) on available-for-sale securities | (47) | 18 | (34) |
| Net change in pension and other benefit liabilities | (267) | (159) | 29 |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total | 6,558 | 8,864 | 4,429 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | (132) | 110 | 95 |
| TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 6,690 | 8,754 | 4,334 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| OPERATING ACTIVITIES | |||
| CONSOLIDATED NET INCOME | $ 7,768 | 8,985 | 6,476 |
| Depreciation and amortization | 1,536 | 1,365 | 1,086 |
| Stock-based compensation expense | 126 | 201 | 225 |
| Deferred income taxes | (18) | (280) | (413) |
| Equity (income) loss - net of dividends | (511) | (421) | (457) |
| Foreign currency adjustments | (88) | 91 | (50) |
| Significant (gains) losses on sales of assets - net | (914) | (467) | 743 |
| Other operating charges | 556 | 127 | 558 |
| Other items | 699 | 504 | 699 |
| Net change in operating assets and liabilities | 690 | 366 | (1,240) |
| Net cash provided by operating activities | 9,844 | 10,471 | 7,627 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (13,583) | (4,704) | (7,789) |
| Proceeds from disposals of investments | 13,835 | 6,973 | 14,977 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (1,052) | (5,542) | (1,263) |
| Proceeds from disposals of businesses, equity method investments and nonmarkatable securities | 189 | 429 | 1,362 |
| Purchases of property, plant and equipment | (1,177) | (2,054) | (1,548) |
| Proceeds from disposals of property, plant and equipment | 189 | 978 | 248 |
| Other investing activities | 122 | (56) | (60) |
| Net cash provided by (used in) investing activities | (1,477) | (3,976) | 5,927 |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 26,934 | 23,009 | 27,605 |
| Payments of debt | (28,796) | (24,850) | (30,600) |
| Issuances of stock | 647 | 1,012 | 1,476 |
| Purchases of stock for treasury | (118) | (1,103) | (1,912) |
| Dividends | (7,047) | (6,845) | (6,644) |
| Other financing activities | 310 | (227) | (272) |
| Net cash provided by (used in) financing activities | (8,070) | (9,004) | (10,347) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | 76 | (72) | (262) |
| CASH AND CASH EQUIVALENTS | |||
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | 373 | (2,581) | 2,945 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the Beginning of the Year | 6,737 | 9,318 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the End of the Year | 7,110 | 6,737 | 9,318 |
| Restricted Cash and Restricted Cash Equivalents not included in Cash and Cash Equivalents on Balance Sheet | 315 | 257 | 241 |
| Cash and cash equivalents | 6,795 | 6,480 | 9,077 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2020 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 6,795 | 6,480 |
| Short-term investments | 1,771 | 1,467 |
| TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS | 8,566 | 7,947 |
| Marketable securities | 2,348 | 3,228 |
| Trade accounts receivable, less allowances of $526 and $524, respectively | 3,144 | 3,971 |
| Inventories | 3,266 | 3,379 |
| Prepaid expenses and other assets | 1,916 | 1,886 |
| TOTAL CURRENT ASSETS | 19,240 | 20,411 |
| EQUITY METHOD INVESTMENTS | 19,273 | 19,025 |
| OTHER INVESTMENTS | 812 | 854 |
| OTHER ASSETS | 6,184 | 6,075 |
| Deferred Income Tax Assets | 2,460 | 2,412 |
| PROPERTY, PLANT AND EQUIPMENT - net | 10,777 | 10,838 |
| TRADEMARKS WITH INDEFINITE LIVES | 10,395 | 9,266 |
| GOODWILL | 17,506 | 16,764 |
| OTHER INTANGIBLE ASSETS | 649 | 736 |
| TOTAL ASSETS | 87,296 | 86,381 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 11,145 | 11,312 |
| Notes and Loans Payable, Current | 2,183 | 10,994 |
| Current maturities of long-term debt | 485 | 4,253 |
| Accrued income taxes | 788 | 414 |
| TOTAL CURRENT LIABILITIES | 14,601 | 26,973 |
| LONG-TERM DEBT | 40,125 | 27,516 |
| OTHER LIABILITIES | 9,453 | 8,510 |
| Deferred Income Tax Liabilities | 1,833 | 2,284 |
| 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 | 17,601 | 17,154 |
| Reinvested earnings | 66,555 | 65,855 |
| Accumulated other comprehensive income (loss) | (14,601) | (13,544) |
| Treasury stock, at cost 2,738 and 2,760 shares, respectively | (52,016) | (52,244) |
| EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | 19,299 | 18,981 |
| EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 1,985 | 2,117 |
| TOTAL EQUITY | 21,284 | 21,098 |
| TOTAL LIABILITIES AND EQUITY | 87,296 | 86,381 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2020 | |
| 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 |