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: 2021 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net Operating Revenues | $ 38,655 | 33,014 | 37,266 |
| Cost of goods sold | 15,357 | 13,433 | 14,619 |
| Gross Profit | 23,298 | 19,581 | 22,647 |
| Selling, general and administrative expenses | 12,144 | 9,731 | 12,103 |
| Other operating charges | 846 | 853 | 458 |
| Operating Income | 10,308 | 8,997 | 10,086 |
| Interest income | 276 | 370 | 563 |
| Interest expense | 1,597 | 1,437 | 946 |
| Equity income (loss) net | 1,438 | 978 | 1,049 |
| Other income (loss) net | 2,000 | 841 | 34 |
| Income Before Income Taxes | 12,425 | 9,749 | 10,786 |
| Income taxes | 2,621 | 1,981 | 1,801 |
| Consolidated Net Income | 9,804 | 7,768 | 8,985 |
| Less: Net income (loss) attributable to noncontrolling interests | 33 | 21 | 65 |
| Net Income Attributable to Shareowners of The Coca-Cola Company | 9,771 | 7,747 | 8,920 |
| Basic Net Income Per Share1 | 2.26 | 1.80 | 2.09 |
| Diluted Net Income Per Share1 | 2.25 | 1.79 | 2.07 |
| Average Shares Outstanding Basic | 4,315 | 4,295 | 4,276 |
| Effect of dilutive securities | 25 | 28 | 38 |
| Average Shares Outstanding Diluted | 4,340 | 4,323 | 4,314 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Consolidated Net Income | $ 9,804 | 7,768 | 8,985 |
| Other comprehensive income | |||
| Net foreign currency translation adjustments | (699) | (911) | 74 |
| Net gains (losses) on derivatives | 214 | 15 | (54) |
| Net change in unrealized gains (losses) on available-for-sale debt securities | (90) | (47) | 18 |
| Net change in pension and other postretirement benefit liabilities | 712 | (267) | (159) |
| Total Comprehensive Income | 9,941 | 6,558 | 8,864 |
| Less: Comprehensive income (loss) attributable to noncontrolling interests | (101) | (132) | 110 |
| Total Comprehensive Income Attributable to Shareowners of The Coca-Cola Company | 10,042 | 6,690 | 8,754 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COCA COLA CO | |||
Ticker: KO Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| OPERATING ACTIVITIES | |||
| Consolidated Net Income | $ 9,804 | 7,768 | 8,985 |
| Depreciation and amortization | 1,452 | 1,536 | 1,365 |
| Stock-based compensation expense | 337 | 126 | 201 |
| Deferred income taxes | 894 | (18) | (280) |
| Equity (income) loss net of dividends | (615) | (511) | (421) |
| Foreign currency adjustments | 86 | (88) | 91 |
| Significant (gains) losses net | (1,365) | (914) | (467) |
| Other operating charges | 506 | 556 | 127 |
| Other items | 201 | 699 | 504 |
| Net change in operating assets and liabilities | 1,325 | 690 | 366 |
| Net Cash Provided by Operating Activities | 12,625 | 9,844 | 10,471 |
| INVESTING ACTIVITIES | |||
| Purchases of investments | (6,030) | (13,583) | (4,704) |
| Proceeds from disposals of investments | 7,059 | 13,835 | 6,973 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (4,766) | (1,052) | (5,542) |
| Proceeds from disposals of businesses, equity method investments and nonmarketable securities | 2,180 | 189 | 429 |
| Purchases of property, plant and equipment | (1,367) | (1,177) | (2,054) |
| Proceeds from disposals of property, plant and equipment | 108 | 189 | 978 |
| Other investing activities | 51 | 122 | (56) |
| Net Cash Provided by (Used in) Investing Activities | (2,765) | (1,477) | (3,976) |
| FINANCING ACTIVITIES | |||
| Issuances of debt | 13,094 | 26,934 | 23,009 |
| Payments of debt | (12,866) | (28,796) | (24,850) |
| Issuances of stock | 702 | 647 | 1,012 |
| Purchases of stock for treasury | (111) | (118) | (1,103) |
| Dividends | (7,252) | (7,047) | (6,845) |
| Other financing activities | (353) | 310 | (227) |
| Net Cash Provided by (Used in) Financing Activities | (6,786) | (8,070) | (9,004) |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | (159) | 76 | (72) |
| CASH AND CASH EQUIVALENTS | |||
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | 2,915 | 373 | (2,581) |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year | 7,110 | 6,737 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year | 10,025 | 7,110 | 6,737 |
| Restricted Cash and Restricted Cash Equivalents | 341 | 315 | 257 |
| Cash and cash equivalents | 9,684 | 6,795 | 6,480 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COCA COLA CO | ||
Ticker: KO Fiscal Year: 2021 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 9,684 | 6,795 |
| Short-term investments | 1,242 | 1,771 |
| Total Cash, Cash Equivalents and Short-Term Investments | 10,926 | 8,566 |
| Marketable securities | 1,699 | 2,348 |
| Trade accounts receivable, less allowances of $516 and $526, respectively | 3,512 | 3,144 |
| Inventories | 3,414 | 3,266 |
| Prepaid expenses and other current assets | 2,994 | 1,916 |
| Total Current Assets | 22,545 | 19,240 |
| Equity method investments | 17,598 | 19,273 |
| Other investments | 818 | 812 |
| Other noncurrent assets | 6,731 | 6,184 |
| Deferred income tax assets | 2,129 | 2,460 |
| Property, plant and equipment net | 9,920 | 10,777 |
| Trademarks with indefinite lives | 14,465 | 10,395 |
| Goodwill | 19,363 | 17,506 |
| Other intangible assets | 785 | 649 |
| Total Assets | 94,354 | 87,296 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 14,619 | 11,145 |
| Loans and notes payable | 3,307 | 2,183 |
| Current maturities of long-term debt | 1,338 | 485 |
| Accrued income taxes | 686 | 788 |
| Total Current Liabilities | 19,950 | 14,601 |
| Long-term debt | 38,116 | 40,125 |
| Other noncurrent liabilities | 8,607 | 9,453 |
| Deferred income tax liabilities | 2,821 | 1,833 |
| 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 | 18,116 | 17,601 |
| Reinvested earnings | 69,094 | 66,555 |
| Accumulated other comprehensive income (loss) | (14,330) | (14,601) |
| Treasury stock, at cost 2,715 and 2,738 shares, respectively | (51,641) | (52,016) |
| Equity Attributable to Shareowners of The Coca-Cola Company | 22,999 | 19,299 |
| Equity attributable to noncontrolling interests | 1,861 | 1,985 |
| Total Equity | 24,860 | 21,284 |
| Total Liabilities and Equity | 94,354 | 87,296 |
| External Links | |
| COCA COLA CO (KO) Fiscal Year 2021 | |
| 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 |