Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 9,684 $ 6,795
Short-term investments 1,242 1,771
Total Cash, Cash Equivalents and Short-Term Investments 10,926 8,566
Marketable securities 1,699 2,348
Trade accounts receivable, less allowances of $516 and $526, respectively 3,512 3,144
Inventories 3,414 3,266
Prepaid expenses and other current assets 2,994 1,916
Total Current Assets 22,545 19,240
Equity method investments 17,598 19,273
Other investments 818 812
Other noncurrent assets 6,731 6,184
Deferred income tax assets 2,129 2,460
Property, plant and equipment — net 9,920 10,777
Trademarks with indefinite lives 14,465 10,395
Goodwill 19,363 17,506
Other intangible assets 785 649
Total Assets 94,354 87,296
CURRENT LIABILITIES    
Accounts payable and accrued expenses 14,619 11,145
Loans and notes payable 3,307 2,183
Current maturities of long-term debt 1,338 485
Accrued income taxes 686 788
Total Current Liabilities 19,950 14,601
Long-term debt 38,116 40,125
Other noncurrent liabilities 8,607 9,453
Deferred income tax liabilities 2,821 1,833
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 18,116 17,601
Reinvested earnings 69,094 66,555
Accumulated other comprehensive income (loss) (14,330) (14,601)
Treasury stock, at cost — 2,715 and 2,738 shares, respectively (51,641) (52,016)
Equity Attributable to Shareowners of The Coca-Cola Company 22,999 19,299
Equity attributable to noncontrolling interests 1,861 1,985
Total Equity 24,860 21,284
Total Liabilities and Equity $ 94,354 $ 87,296