The Coca-Cola Company Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 28, 2018

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Assets and Liabilities Held-for-sale [Table Text Block]

The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in our condensed consolidated balance sheet (in millions):



	December 31, 2017
Cash, cash equivalents and short-term investments	$	13
Trade accounts receivable, less allowances	10
Inventories	11
Prepaid expenses and other assets	12
Other assets	7
Property, plant and equipment — net	85
Bottlers' franchise rights with indefinite lives	5
Goodwill	103
Other intangible assets	1
Allowance for reduction of assets held for sale	(28		)
Assets held for sale	$	219		¹
Accounts payable and accrued expenses	$	22
Other liabilities	12
Deferred income taxes	3
Liabilities held for sale	$	37		²

¹Consists of total assets relating to North America refranchising of $9 million and the refranchising of Latin American bottling operations of $210 million, which are included in the Bottling Investments operating segment.

² Consists of total liabilities relating to North America refranchising of $5 million and the refranchising of Latin American bottling operations of $32 million, which are included in the Bottling Investments operating segment.

Assets and Liabilities Held for Sale - Discontinued Operations

The following table presents information related to the major classes of assets and liabilities of CCBA that were classified as held for sale — discontinued operations in our condensed consolidated balance sheets (in millions):



	September 28, 2018			December 31, 2017
Cash, cash equivalents and short-term investments	$	157		$	97
Trade accounts receivable, less allowances	283			299
Inventories	257			299
Prepaid expenses and other assets	81			52
Equity method investments	5			7
Other assets	28			29
Property, plant and equipment — net	1,473			1,436
Goodwill	3,693			4,248
Other intangible assets	748			862
Allowance for reduction of assets held for sale	(554		)	—
Assets held for sale — discontinued operations	$	6,171		$	7,329
Accounts payable and accrued expenses	$	580		$	598
Loans and notes payable	425			404
Current maturities of long-term debt	6			6
Accrued income taxes	35			40
Long-term debt	15			19
Other liabilities	9			10
Deferred income taxes	416			419
Liabilities held for sale — discontinued operations	$	1,486		$	1,496