Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 9,519 $ 9,684
Short-term investments 1,043 1,242
Total Cash, Cash Equivalents and Short-Term Investments 10,562 10,926
Marketable securities 1,069 1,699
Trade accounts receivable, less allowances of $516 and $516, respectively 3,487 3,512
Inventories 4,233 3,414
Prepaid expenses and other current assets 3,240 2,994
Total Current Assets 22,591 22,545
Equity method investments 18,264 17,598
Other investments 501 818
Other noncurrent assets 6,189 6,731
Deferred income tax assets 1,746 2,129
Property, plant and equipment — net 9,841 9,920
Trademarks with indefinite lives 14,214 14,465
Goodwill 18,782 19,363
Other intangible assets 635 785
Total Assets 92,763 94,354
CURRENT LIABILITIES    
Accounts payable and accrued expenses 15,749 14,619
Loans and notes payable 2,373 3,307
Current maturities of long-term debt 399 1,338
Accrued income taxes 1,203 686
Total Current Liabilities 19,724 19,950
Long-term debt 36,377 38,116
Other noncurrent liabilities 7,922 8,607
Deferred income tax liabilities 2,914 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 18,822 18,116
Reinvested earnings 71,019 69,094
Accumulated other comprehensive income (loss) (14,895) (14,330)
Treasury stock, at cost — 2,712 and 2,715 shares, respectively (52,601) (51,641)
Equity Attributable to Shareowners of The Coca-Cola Company 24,105 22,999
Equity attributable to noncontrolling interests 1,721 1,861
Total Equity 25,826 24,860
Total Liabilities and Equity $ 92,763 $ 94,354