December 31, 2009

December 31, 2008

Assets

Current Assets

Cash and cash equivalents

$

7,021

$

4,701

Short-term investments

2,130

—

Total Cash, Cash Equivalents and Short-Term Investments

9,151

4,701

Marketable securities

62

278

Trade accounts receivable, less allowances of $55 and $51, respectively

3,758

3,090

Inventories

2,354

2,187

Prepaid expenses and other assets

2,226

1,920

Total Current Assets

17,551

12,176

Equity Method Investments

6,217

5,316

Other Investments, Principally Bottling Companies

538

463

Other Assets

1,976

1,733

Property, Plant and Equipment - net

9,561

8,326

Trademarks With Indefinite Lives

6,183

6,059

Goodwill

4,224

4,029

Other Intangible Assets

2,421

2,417

Total Assets

$

48,671

$

40,519

Liabilities and Equity

Current Liabilities

Accounts payable and accrued expenses

$

6,657

$

6,205

Loans and notes payable

6,749

6,066

Current maturities of long-term debt

51

465

Accrued income taxes

264

252

Total Current Liabilities

13,721

12,988

Long-Term Debt

5,059

2,781

Other Liabilities

2,965

3,011

Deferred Income Taxes

1,580

877

The Coca-Cola Company Shareowners’ Equity

Common stock, $0.25 par value; Authorized - 5,600 shares;
Issued - 3,520 and 3,519 shares, respectively

880

880

Capital surplus

8,537

7,966

Reinvested earnings

41,537

38,513

Accumulated other comprehensive income (loss)

(757

)

(2,674

)

Treasury stock, at cost - 1,217 and 1,207 shares, respectively

(25,398

)

(24,213

)

Equity Attributable to Shareowners of The Coca-Cola Company

24,799

20,472

Equity Attributable to Noncontrolling Interests

547

390

Total Equity

25,346

20,862

Total Liabilities and Equity

$

48,671

$

40,519

Year Ended

December 31, 2009

December 31, 2008

Operating Activities

Consolidated net income

$

6,906

$

5,874

Depreciation and amortization

1,236

1,228

Stock-based compensation expense

241

266

Deferred income taxes

353

(360

)

Equity income or loss, net of dividends

(359

)

1,128

Foreign currency adjustments

61

(42

)

Gains on sales of assets, including bottling interests

(43

)

(130

)

Other operating charges

134

209

Other items

221

153

Net change in operating assets and liabilities

(564

)

(755

)

Net cash provided by operating activities

8,186

7,571

Investing Activities

Acquisitions and investments, principally beverage and bottling companies and trademarks

(300

)

(759

)

Purchases of other investments

(2,152

)

(240

)

Proceeds from disposals of bottling companies and other investments

240

479

Purchases of property, plant and equipment

(1,993

)

(1,968

)

Proceeds from disposals of property, plant and equipment

104

129

Other investing activities

(48

)

(4

)

Net cash used in investing activities

(4,149

)

(2,363

)

Financing Activities

Issuances of debt

14,689

4,337

Payments of debt

(12,326

)

(4,308

)

Issuances of stock

662

586

Purchases of stock for treasury

(1,518

)

(1,079

)

Dividends

(3,800

)

(3,521

)

Net cash used in financing activities

(2,293

)

(3,985

)

Effect of Exchange Rate Changes on Cash and Cash Equivalents

576

(615

)

Cash and Cash Equivalents

Net increase during the year

2,320

608

Balance at beginning of year

4,701

4,093

Balance at end of year

$

7,021

$

4,701