Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.24.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 9,366 $ 9,519
Short-term investments 2,997 1,043
Total Cash, Cash Equivalents and Short-Term Investments 12,363 10,562
Marketable securities 1,300 1,069
Trade accounts receivable, less allowances of $502 and $516, respectively 3,410 3,487
Inventories 4,424 4,233
Prepaid expenses and other current assets 5,235 3,240
Total Current Assets 26,732 22,591
Equity method investments 19,671 18,264
Other investments 118 501
Other noncurrent assets 7,162 6,189
Deferred income tax assets 1,561 1,746
Property, plant and equipment — net 9,236 9,841
Trademarks with indefinite lives 14,349 14,214
Goodwill 18,358 18,782
Other intangible assets 516 635
Total Assets 97,703 92,763
CURRENT LIABILITIES    
Accounts payable and accrued expenses 15,485 15,749
Loans and notes payable 4,557 2,373
Current maturities of long-term debt 1,960 399
Accrued income taxes 1,569 1,203
Total Current Liabilities 23,571 19,724
Long-term debt 35,547 36,377
Other noncurrent liabilities 8,466 7,922
Deferred income tax liabilities 2,639 2,914
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 19,209 18,822
Reinvested earnings 73,782 71,019
Accumulated other comprehensive income (loss) (14,275) (14,895)
Treasury stock, at cost — 2,732 and 2,712 shares, respectively (54,535) (52,601)
Equity Attributable to Shareowners of The Coca-Cola Company 25,941 24,105
Equity attributable to noncontrolling interests 1,539 1,721
Total Equity 27,480 25,826
Total Liabilities and Equity $ 97,703 $ 92,763