Exhibit 21.1

Subsidiaries of The Coca-Cola Company As of December 31, 2020
			Organized Under Laws of:
The Coca-Cola Company			Delaware
Subsidiaries:
ACCBC Holding Company LLC			Georgia
Atlantic Industries			Cayman Islands
Barlan, Inc.			Delaware
Beverage Brands S.R.L.			Peru
Beverage Financial Centre Unlimited Company			Ireland
Beverage Services Limited			United Kingdom
C.H.I. Limited			Nigeria
Caribbean Refrescos, Inc.			Delaware
CCHBC Grouping, Inc.			Delaware
Coca-Cola (China) Investment Limited			China
Coca-Cola (Japan) Company, Limited			Japan
Coca-Cola Africa (Pty) Limited			South Africa
Coca-Cola Beverages (Shanghai) Company Limited			China
Coca-Cola Beverages Africa Proprietary Limited			South Africa
Coca-Cola Beverages Asia Holdings SARL			Luxembourg
Coca-Cola Beverages Philippines, Inc.			Philippines
Coca-Cola Beverages Vietnam Ltd.			Vietnam
Coca-Cola de Chile S.A.			Chile
Coca-Cola Holdings (Asia) Limited			Hong Kong
Coca-Cola Holdings (Overseas) Limited			Delaware
Coca-Cola Holdings (United Kingdom) Limited			United Kingdom
Coca-Cola Holdings Africa Limited			United Kingdom
Coca-Cola India Private Limited			India
Coca-Cola Indochina Pte Ltd			Singapore
Coca-Cola Industrias Limitada — Brazil			Brazil
Coca-Cola Industrias, Sociedad de Responsabilidad Limitada			Costa Rica
Coca-Cola Korea Company, Limited			Korea, Republic of
Coca-Cola Ltd.			Canada
Coca-Cola Midi S.A.S.			France
Coca-Cola Oasis LLC			Delaware
Coca-Cola Overseas Parent Limited			Delaware
Coca-Cola Refreshments USA, LLC			Delaware
Coca-Cola South Asia (India) Holdings Limited			Hong Kong
Coca-Cola South Asia Holdings, Inc.			Delaware
Coca-Cola South Pacific Pty Limited			Australia
Conco Ltd.			Cayman Islands
Corporacion Inca Kola Peru S.R.L.			Peru
Costa Limited			United Kingdom
Dulux CBAI 2003 B.V.			Netherlands
Energy Brands Inc.			New York
European Refreshments			Ireland

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Subsidiaries of The Coca-Cola Company As of December 31, 2020
continued from page 1
			Organized Under Laws of:
fairlife, LLC			Delaware
Fresh Trading Limited			United Kingdom
Hindustan Coca-Cola Beverages Private Limited			India
Hindustan Coca-Cola Holdings Private Limited			India
Hindustan Coca-Cola Overseas Holdings Pte. Limited			Singapore
Pacific Refreshments Pte. Ltd.			Singapore
Recofarma Industria do Amazonas Ltda.			Brazil
Red Life Reinsurance Limited			Bermuda
Red Re Captive Insurance Company, Inc.			Georgia
Refreshment Product Services, Inc.			Delaware
S.A. Coca-Cola Services N.V.			Belgium
Servicios Integrados de Administracion y Alta Gerencia, S. de R.L. de C.V.			Mexico
The Coca-Cola Export Corporation			Delaware
The Coca-Cola Trading Company LLC			Delaware
The Inmex Corporation			Florida
Varoise de Concentres S.A.S.			France

Pursuant to Item 601(b)(21) of Regulation S–K, we have omitted some subsidiaries that, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 2020 under Rule 1–02(w) of Regulation S–X.