Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 01, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 7,681 $ 9,684
Short-term investments 736 1,242
Total Cash, Cash Equivalents and Short-Term Investments 8,417 10,926
Marketable securities 1,939 1,699
Trade accounts receivable, less allowances of $512 and $516, respectively 4,641 3,512
Inventories 3,741 3,414
Prepaid expenses and other current assets 3,418 2,994
Total Current Assets 22,156 22,545
Equity method investments 18,198 17,598
Other investments 788 818
Other noncurrent assets 6,392 6,731
Deferred income tax assets 2,006 2,129
Property, plant and equipment, less accumulated depreciation of $9,104 and $8,942, respectively 9,784 9,920
Trademarks with indefinite lives 14,388 14,465
Goodwill 19,598 19,363
Other intangible assets 754 785
Total Assets 94,064 94,354
CURRENT LIABILITIES    
Accounts payable and accrued expenses 13,272 14,619
Loans and notes payable 3,610 3,307
Current maturities of long-term debt 1,039 1,338
Accrued income taxes 866 686
Total Current Liabilities 18,787 19,950
Long-term debt 37,052 38,116
Other noncurrent liabilities 8,252 8,607
Deferred income tax liabilities 3,132 2,821
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY    
Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares 1,760 1,760
Capital surplus 18,388 18,116
Reinvested earnings 69,969 69,094
Accumulated other comprehensive income (loss) (13,340) (14,330)
Treasury stock, at cost — 2,709 and 2,715 shares, respectively (51,932) (51,641)
Equity Attributable to Shareowners of The Coca-Cola Company 24,845 22,999
Equity attributable to noncontrolling interests 1,996 1,861
Total Equity 26,841 24,860
Total Liabilities and Equity $ 94,064 $ 94,354