Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
NET OPERATING REVENUES $ 48,017 $ 46,542 $ 35,119
Cost of goods sold 19,053 18,215 12,693
GROSS PROFIT 28,964 28,327 22,426
Selling, general and administrative expenses 17,738 17,422 13,194
Other operating charges 447 732 819
OPERATING INCOME 10,779 10,173 8,413
Interest income 471 483 317
Interest expense 397 417 733
Equity income (loss) - net 819 690 1,025
Other income (loss) - net 137 529 5,185
INCOME BEFORE INCOME TAXES 11,809 11,458 14,207
Income taxes 2,723 2,812 2,370
CONSOLIDATED NET INCOME 9,086 8,646 11,837
Less: Net income attributable to noncontrolling interests 67 62 50
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 9,019 $ 8,584 $ 11,787
BASIC NET INCOME PER SHARE (in dollars per share) $ 2.00 [1] $ 1.88 [1] $ 2.55 [1]
DILUTED NET INCOME PER SHARE (in dollars per share) $ 1.97 [1] $ 1.85 [1] $ 2.53 [1]
AVERAGE SHARES OUTSTANDING (in shares) 4,504 4,568 4,616
Effect of dilutive securities (in shares) 80 78 51
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,584 4,646 4,667
[1] Calculated based on net income attributable to shareowners of The Coca-Cola Company.