Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
NET OPERATING REVENUES $ 46,854 $ 48,017 $ 46,542
Cost of goods sold 18,421 19,053 18,215
GROSS PROFIT 28,433 28,964 28,327
Selling, general and administrative expenses 17,310 17,738 17,422
Other operating charges 895 447 732
OPERATING INCOME 10,228 10,779 10,173
Interest income 534 471 483
Interest expense 463 397 417
Equity income (loss) - net 602 819 690
Other income (loss) - net 576 137 529
INCOME BEFORE INCOME TAXES 11,477 11,809 11,458
Income taxes 2,851 2,723 2,812
CONSOLIDATED NET INCOME 8,626 9,086 8,646
Less: Net income attributable to noncontrolling interests 42 67 62
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 8,584 $ 9,019 $ 8,584
BASIC NET INCOME PER SHARE (in dollars per share) $ 1.94 [1] $ 2.00 [1] $ 1.88 [1]
DILUTED NET INCOME PER SHARE (in dollars per share) $ 1.90 [1] $ 1.97 [1] $ 1.85 [1]
AVERAGE SHARES OUTSTANDING (in shares) 4,434 4,504 4,568
Effect of dilutive securities (in shares) 75 80 78
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,509 4,584 4,646
[1] Calculated based on net income attributable to shareowners of The Coca-Cola Company.