CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | |||||
|---|---|---|---|---|---|---|---|
Jul. 01, 2016 |
Jul. 03, 2015 |
Jul. 01, 2016 |
Jul. 03, 2015 |
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| NET OPERATING REVENUES | $ 11,539 | $ 12,156 | $ 21,821 | $ 22,867 | |||
| Cost of goods sold | 4,471 | 4,748 | 8,540 | 8,851 | |||
| GROSS PROFIT | 7,068 | 7,408 | 13,281 | 14,016 | |||
| Selling, general and administrative expenses | 3,912 | 4,204 | 7,673 | 8,283 | |||
| Other operating charges | 297 | 669 | 608 | 902 | |||
| OPERATING INCOME | 2,859 | 2,535 | 5,000 | 4,831 | |||
| Interest income | 164 | 149 | 308 | 304 | |||
| Interest expense | 162 | 128 | 303 | 575 | |||
| Equity income (loss) - net | 305 | 200 | 397 | 202 | |||
| Other income (loss) - net | 1,133 | 1,605 | 791 | 1,580 | |||
| INCOME BEFORE INCOME TAXES | 4,299 | 4,361 | 6,193 | 6,342 | |||
| Income taxes | 839 | 1,250 | 1,240 | 1,665 | |||
| CONSOLIDATED NET INCOME | 3,460 | 3,111 | 4,953 | 4,677 | |||
| Less: Net income (loss) attributable to noncontrolling interests | 12 | 3 | 22 | 12 | |||
| NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY | $ 3,448 | $ 3,108 | $ 4,931 | $ 4,665 | |||
| BASIC NET INCOME PER SHARE (in dollars per share) | [1] | $ 0.80 | $ 0.71 | $ 1.14 | $ 1.07 | ||
| DILUTED NET INCOME PER SHARE (in dollars per share) | [1] | 0.79 | 0.71 | 1.13 | 1.06 | ||
| DIVIDENDS PER SHARE (in dollars per share) | $ 0.35 | $ 0.33 | $ 0.70 | $ 0.66 | |||
| AVERAGE SHARES OUTSTANDING (in shares) | 4,323 | 4,355 | 4,325 | 4,360 | |||
| Effect of dilutive securities (in shares) | 54 | 53 | 54 | 55 | |||
| AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) | 4,377 | 4,408 | 4,379 | 4,415 | |||
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- Definition Amount charged against operating income in the period for material events or transactions that are abnormal or significantly different from typical activities or are not reasonably expect to recur in the foreseeable future; but not both, and therefore does not meet both criteria for classification as an extraordinary item. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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