Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Net Operating Revenues $ 11,300 $ 10,980
Cost of goods sold 4,235 4,317
Gross Profit 7,065 6,663
Selling, general and administrative expenses 3,351 3,185
Other operating charges 1,573 111
Operating Income 2,141 3,367
Interest income 246 168
Interest expense 382 372
Equity income (loss) — net 354 275
Other income (loss) — net 1,513 615
Income Before Income Taxes 3,872 4,053
Income taxes 687 940
Consolidated Net Income 3,185 3,113
Net Income (Loss) Attributable to Noncontrolling Interest 8 6
Net Income Attributable to Shareowners of The Coca-Cola Company $ 3,177 $ 3,107
Basic Net Income Per Share1 $ 0.74 $ 0.72
Diluted Net Income Per Share1 $ 0.74 $ 0.72
Average Shares Outstanding — Basic 4,310,000,000 4,326,000,000
Effect of dilutive securities 12,000,000 19,000,000
Average Shares Outstanding — Diluted 4,322,000,000 4,345,000,000