The Coca-Cola Company (NEO: COLA)

The Coca-Cola Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 28, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	13,708	9,366	9,519	9,684	6,795	6,480
Short-Term Investments	5,285	4,297	2,112	2,941	4,119	4,695
Trading Asset Securities	7	-	-	1	-	10
Cash & Short-Term Investments	19,000	13,663	11,631	12,626	10,914	11,185
Cash Growth	21.07%	17.47%	-7.88%	15.69%	-2.42%	-30.59%
Receivables	4,545	3,410	3,487	3,512	3,144	3,971
Inventory	4,763	4,424	4,233	3,414	3,266	3,379
Prepaid Expenses	2,873	2,606	2,126	1,634	1,764	1,819
Restricted Cash	-	326	306	341	-	-
Other Current Assets	418	2,303	808	1,018	152	57
Total Current Assets	31,599	26,732	22,591	22,545	19,240	20,411
Property, Plant & Equipment	9,508	10,564	11,247	11,338	12,325	12,210
Long-Term Investments	21,119	21,644	20,290	20,540	22,311	21,730
Goodwill	18,324	18,358	18,782	19,363	17,506	16,764
Other Intangible Assets	13,981	14,865	14,849	15,250	11,044	10,002
Long-Term Deferred Tax Assets	1,409	1,561	1,746	2,129	2,460	2,412
Other Long-Term Assets	5,262	3,979	3,258	3,189	2,410	2,852
Total Assets	101,202	97,703	92,763	94,354	87,296	86,381
Accounts Payable	21,780	5,590	5,307	4,602	3,517	3,804
Accrued Expenses	-	8,524	8,937	8,534	6,079	6,005
Short-Term Debt	3,793	4,557	2,373	3,307	2,183	10,994
Current Portion of Long-Term Debt	1,940	1,965	399	1,338	490	4,253
Current Portion of Leases	-	361	341	310	322	281
Current Income Taxes Payable	1,622	1,569	1,203	686	788	414
Other Current Liabilities	128	1,005	1,164	1,173	1,222	1,222
Total Current Liabilities	29,263	23,571	19,724	19,950	14,601	26,973
Long-Term Debt	39,330	36,660	38,053	38,130	40,125	27,537
Long-Term Leases	-	1,001	1,113	1,161	1,300	1,111
Long-Term Deferred Tax Liabilities	2,366	2,639	2,914	2,821	1,833	2,284
Other Long-Term Liabilities	2,832	5,475	4,278	6,023	5,989	5,378
Total Liabilities	73,791	70,223	66,937	69,494	66,012	65,283
Common Stock	1,760	1,760	1,760	1,760	1,760	1,760
Additional Paid-In Capital	19,468	19,209	18,822	18,116	17,601	17,154
Retained Earnings	75,189	73,782	71,019	69,094	66,555	65,855
Treasury Stock	-55,106	-54,535	-52,601	-51,641	-52,016	-52,244
Comprensive Income & Other	-15,458	-14,275	-14,895	-14,330	-14,601	-13,544
Total Common Equity	25,853	25,941	24,105	22,999	19,299	18,981
Minority Interest	1,558	1,539	1,721	1,861	1,985	2,117
Shareholders' Equity	27,411	27,480	25,826	24,860	21,284	21,098
Total Liabilities & Equity	101,202	97,703	92,763	94,354	87,296	86,381
Total Debt	45,063	44,544	42,279	44,246	44,420	44,176
Net Cash (Debt)	-26,063	-30,881	-30,648	-31,620	-33,506	-32,991
Net Cash Per Share	-6.02	-7.12	-7.05	-7.29	-7.75	-7.65
Filing Date Shares Outstanding	4,310	4,312	4,327	4,335	4,309	4,290
Total Common Shares Outstanding	4,309	4,308	4,328	4,325	4,302	4,280
Working Capital	2,336	3,161	2,867	2,595	4,639	-6,562
Book Value Per Share	6.00	6.02	5.57	5.32	4.49	4.43
Tangible Book Value	-6,452	-7,282	-9,526	-11,614	-9,251	-7,785
Tangible Book Value Per Share	-1.50	-1.69	-2.20	-2.69	-2.15	-1.82
Land	-	229	611	652	676	659
Buildings	-	4,647	4,434	4,349	4,782	4,576
Machinery	-	13,593	14,030	13,861	14,242	13,686

Source: S&P Capital IQ. Standard template. Financial Sources.