Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF SHAREOWNERS' EQUITY

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CONSOLIDATED STATEMENTS OF SHAREOWNERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Equity Attributable To Shareowners Of The Coca-Cola Company
COMMON STOCK
CAPITAL SURPLUS
Reinvested Earnings
Reinvested Earnings
Cumulative Effect, Period of Adoption, Adjustment
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Cumulative Effect, Period of Adoption, Adjustment
TREASURY STOCK
Equity Attributable To Noncontrolling Interests
Balance at beginning of year (in shares) at Dec. 31, 2018     4,268              
Increase (Decrease) in Stockholders' Equity                    
Treasury stock issued to employees related to stock-based compensation plans     33              
Purchases of stock for treasury     (21)              
Balance at end of year (in shares) at Dec. 31, 2019     4,280              
Balance at beginning of year at Dec. 31, 2018       $ 16,520 $ 63,234   $ (12,814)   $ (51,719) $ 2,077
Increase (Decrease) in Stockholders' Equity                    
Stock issued to employees related to stock compensation plans       433         501  
Stock-based compensation expense       201            
Other activities       0            
Net Income Attributable to Shareowners of The Coca-Cola Company $ 8,920       8,920          
Dividends (per share — $1.68, $1.64 and $1.60 in 2021, 2020 and 2019, respectively)         (6,845)          
Net other comprehensive income (loss)   $ (166)         (166)      
Purchases of treasury stock                 (1,026)  
Net income attributable to noncontrolling interests 65                 65
Net foreign currency translation adjustments 74                 45
Dividends paid to noncontrolling interests                   (48)
Acquisition of interests held by noncontrolling owners                   (84)
Contributions by noncontrolling interests                   3
Net change in pension and other postretirement benefit liabilities                   0
Business combinations                   59
Balance at end of year at Dec. 31, 2019       17,154 65,855 $ 546 (13,544) $ (564) (52,244) 2,117
Common Stock     $ 1,760              
Increase (Decrease) in Stockholders' Equity                    
Stockholders' Equity Attributable to Parent   18,981                
Treasury stock issued to employees related to stock-based compensation plans     22              
Purchases of stock for treasury     0              
Balance at end of year (in shares) at Dec. 31, 2020     4,302              
Increase (Decrease) in Stockholders' Equity                    
Stock issued to employees related to stock compensation plans       307         228  
Stock-based compensation expense       141            
Other activities       (1)            
Net Income Attributable to Shareowners of The Coca-Cola Company 7,747       7,747          
Dividends (per share — $1.68, $1.64 and $1.60 in 2021, 2020 and 2019, respectively)         (7,047)          
Net other comprehensive income (loss)   (1,057)         (1,057)      
Purchases of treasury stock                 0  
Net income attributable to noncontrolling interests 21                 21
Net foreign currency translation adjustments (911)                 (153)
Dividends paid to noncontrolling interests                   (18)
Acquisition of interests held by noncontrolling owners                   0
Contributions by noncontrolling interests                   17
Net change in pension and other postretirement benefit liabilities                   0
Business combinations                   1
Balance at end of year at Dec. 31, 2020 21,284     17,601 66,555 0 (14,601) 0 (52,016) 1,985
Common Stock 1,760   $ 1,760              
Increase (Decrease) in Stockholders' Equity                    
Stockholders' Equity Attributable to Parent 19,299 19,299                
Treasury stock issued to employees related to stock-based compensation plans     23              
Purchases of stock for treasury     0              
Balance at end of year (in shares) at Dec. 31, 2021     4,325              
Increase (Decrease) in Stockholders' Equity                    
Stock issued to employees related to stock compensation plans       216         375  
Stock-based compensation expense       299            
Other activities       0            
Net Income Attributable to Shareowners of The Coca-Cola Company 9,771       9,771          
Dividends (per share — $1.68, $1.64 and $1.60 in 2021, 2020 and 2019, respectively)         (7,251)          
Net other comprehensive income (loss)   271         271      
Purchases of treasury stock                 0  
Net income attributable to noncontrolling interests 33                 33
Net foreign currency translation adjustments (699)                 (132)
Dividends paid to noncontrolling interests                   (43)
Acquisition of interests held by noncontrolling owners                   0
Contributions by noncontrolling interests                   20
Net change in pension and other postretirement benefit liabilities                   (2)
Business combinations                   0
Balance at end of year at Dec. 31, 2021 24,860     $ 18,116 $ 69,094 $ 19 $ (14,330) $ 0 $ (51,641) $ 1,861
Common Stock 1,760   $ 1,760              
Increase (Decrease) in Stockholders' Equity                    
Stockholders' Equity Attributable to Parent $ 22,999 $ 22,999