Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Apr. 03, 2015
Mar. 28, 2014
NET OPERATING REVENUES $ 10,711us-gaap_SalesRevenueGoodsNet $ 10,576us-gaap_SalesRevenueGoodsNet
Cost of goods sold 4,103us-gaap_CostOfGoodsSold 4,083us-gaap_CostOfGoodsSold
GROSS PROFIT 6,608us-gaap_GrossProfit 6,493us-gaap_GrossProfit
Selling, general and administrative expenses 4,079us-gaap_SellingGeneralAndAdministrativeExpense 3,989us-gaap_SellingGeneralAndAdministrativeExpense
Other operating charges 233ko_UnusualOrInfrequentItemOperating 128ko_UnusualOrInfrequentItemOperating
OPERATING INCOME 2,296us-gaap_OperatingIncomeLoss 2,376us-gaap_OperatingIncomeLoss
Interest income 155us-gaap_InvestmentIncomeInterest 123us-gaap_InvestmentIncomeInterest
Interest expense 447us-gaap_InterestExpense 124us-gaap_InterestExpense
Equity income (loss) - net 2us-gaap_IncomeLossFromEquityMethodInvestments 71us-gaap_IncomeLossFromEquityMethodInvestments
Other income (loss) - net (25)us-gaap_OtherNonoperatingIncomeExpense (241)us-gaap_OtherNonoperatingIncomeExpense
INCOME BEFORE INCOME TAXES 1,981us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 2,205us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 415us-gaap_IncomeTaxExpenseBenefit 579us-gaap_IncomeTaxExpenseBenefit
CONSOLIDATED NET INCOME 1,566us-gaap_ProfitLoss 1,626us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 9us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 1,557us-gaap_NetIncomeLoss $ 1,619us-gaap_NetIncomeLoss
BASIC NET INCOME PER SHARE (in dollars per share) $ 0.36us-gaap_EarningsPerShareBasic [1] $ 0.37us-gaap_EarningsPerShareBasic [1]
DILUTED NET INCOME PER SHARE (in dollars per share) $ 0.35us-gaap_EarningsPerShareDiluted [1] $ 0.36us-gaap_EarningsPerShareDiluted [1]
DIVIDENDS PER SHARE (in dollars per share) $ 0.330us-gaap_CommonStockDividendsPerShareDeclared $ 0.305us-gaap_CommonStockDividendsPerShareDeclared
AVERAGE SHARES OUTSTANDING (in shares) 4,365us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 4,401us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive securities (in shares) 57us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 63us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,422us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 4,464us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Calculated based on net income attributable to shareowners of The Coca-Cola Company.