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)
TREASURY STOCK
Equity Attributable To Noncontrolling Interests
Balance at beginning of year (in shares) at Dec. 31, 2019     4,280            
Increase (Decrease) in Stockholders' Equity                  
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            
Balance at beginning of year at Dec. 31, 2019       $ 17,154 $ 65,855   $ (13,544) $ (52,244) $ 2,117
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 — $1.76, $1.68 and $1.64 in 2022, 2021 and 2020, respectively)         (7,047)        
Net other comprehensive income (loss)             (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)
Contributions by noncontrolling interests                 17
Balance at end of year at Dec. 31, 2020       17,601 66,555 $ 0 (14,601) (52,016) 1,985
Increase (Decrease) in Stockholders' Equity                  
Stockholders' Equity, Other                 1
Common Stock     $ 1,760            
Stockholders' Equity Attributable to Parent   $ 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 — $1.76, $1.68 and $1.64 in 2022, 2021 and 2020, respectively)         (7,251)        
Net other comprehensive income (loss)             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)
Contributions by noncontrolling interests                 20
Balance at end of year at Dec. 31, 2021 24,860     18,116 69,094 19 (14,330) (51,641) 1,861
Increase (Decrease) in Stockholders' Equity                  
Stockholders' Equity, Other                 (2)
Common Stock 1,760   $ 1,760            
Stockholders' Equity Attributable to Parent 22,999 22,999              
Treasury stock issued to employees related to stock-based compensation plans     24            
Purchases of stock for treasury     (21)            
Balance at end of year (in shares) at Dec. 31, 2022     4,328            
Increase (Decrease) in Stockholders' Equity                  
Stock issued to employees related to stock compensation plans       373       376  
Stock-based compensation expense       332          
Other activities       1          
Net Income Attributable to Shareowners of The Coca-Cola Company 9,542       9,542        
Dividends (per share — $1.76, $1.68 and $1.64 in 2022, 2021 and 2020, respectively)         (7,617)        
Net other comprehensive income (loss)             (565)    
Purchases of treasury stock               (1,336)  
Net income attributable to noncontrolling interests 29               29
Net foreign currency translation adjustments (1,132)               (118)
Dividends paid to noncontrolling interests                 (51)
Contributions by noncontrolling interests                 0
Net change in pension and other postretirement benefit liabilities 0                
Balance at end of year at Dec. 31, 2022 25,826     $ 18,822 $ 71,019 $ 0 $ (14,895) $ (52,601) 1,721
Increase (Decrease) in Stockholders' Equity                  
Stockholders' Equity, Other                 $ 0
Common Stock 1,760   $ 1,760            
Stockholders' Equity Attributable to Parent $ 24,105 $ 24,105