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The Coca-Cola Company

NYSE-KO

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

37,266

33,014

38,655

43,004

45,754

46,465

Total Revenues % Chg.

8.6%

-11.4%

17.1%

11.3%

6.4%

5.3%

Cost of Goods Sold, Total

14,619

13,433

15,357

18,000

18,520

18,338

Gross Profit

22,647

19,581

23,298

25,004

27,234

28,127

Selling General & Admin Expenses, Total

12,005

9,563

11,865

12,661

13,921

14,312

Other Operating Expenses

11

26

—

3

—

—

Other Operating Expenses, Total

12,016

9,589

11,865

12,664

13,921

14,312

Operating Income

10,631

9,992

11,433

12,340

13,313

13,815

Interest Expense, Total

-946

-1,437

-1,597

-882

-1,527

-1,581

Interest And Investment Income

563

370

276

560

1,115

1,189

Net Interest Expenses

-383

-1,067

-1,321

-322

-412

-392

Income (Loss) On Equity Invest.

1,049

978

1,438

1,472

1,691

1,769

Currency Exchange Gains (Loss)

—

—

—

-236

-312

-324

Other Non Operating Income (Expenses)

-27

-32

-3

135

-60

-107

EBT, Excl. Unusual Items

11,270

9,871

11,547

13,389

14,220

14,761

Restructuring Charges

-268

-783

-648

-116

-325

-281

Merger & Related Restructuring Charges

—

—

—

—

—

-46

—

-119

-38

-15

-15

Impairment of Goodwill

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

-478

769

2,110

-491

344

814

Gain (Loss) On Sale Of Assets

829

—

—

—

439

882

Asset Writedown

-202

-55

-78

-57

—

-760

Legal Settlements

—

—

—

—

—

-15

—

-8

-1

Other Unusual Items

-319

-53

-372

-1,001

-1,703

-2,481

EBT, Incl. Unusual Items

10,786

9,749

12,425

11,686

12,952

12,919

Income Tax Expense

1,801

1,981

2,621

2,115

2,249

2,264

Earnings From Continuing Operations

8,985

7,768

9,804

9,571

10,703

10,655

Minority Interest

-65

-21

-33

-29

11

-7

Net Income

8,920

7,747

9,771

9,542

10,714

10,648

Net Income to Common Incl Extra Items

8,920

7,747

9,771

9,542

10,714

10,648

Net Income to Common Excl. Extra Items

8,920

7,747

9,771

9,542

10,714

10,648

Total Shares Outstanding

4,280

4,302

4,325

4,328

4,308

4,309

Weighted Avg. Shares Outstanding

4,276

4,295

4,315

4,328

4,323

4,315

Weighted Avg. Shares Outstanding Dil

4,314

4,323

4,340

4,350

4,339

4,328

EPS

2.1

1.8

2.3

2.2

2.5

2.5

EPS Diluted

2.1

1.8

2.3

2.2

2.5

2.5

EBITDA

11,996

11,528

12,885

13,600

14,441

14,907

Effective Tax Rate

16.7%

20.3%

21.1%

18.1%

17.4%

17.5%