Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2015
Sep. 26, 2014
Oct. 02, 2015
Sep. 26, 2014
NET OPERATING REVENUES $ 11,427 $ 11,976 $ 34,294 $ 35,126
Cost of goods sold 4,577 4,630 13,428 13,532
GROSS PROFIT 6,850 7,346 20,866 21,594
Selling, general and administrative expenses 4,207 4,507 12,490 12,880
Other operating charges 264 128 1,166 457
OPERATING INCOME 2,379 2,711 7,210 8,257
Interest income 155 169 459 436
Interest expense 138 113 713 344
Equity income (loss) - net 200 205 402 530
Other income (loss) - net (871) (312) 709 (630)
INCOME BEFORE INCOME TAXES 1,725 2,660 8,067 8,249
Income taxes 272 538 1,937 1,896
CONSOLIDATED NET INCOME 1,453 2,122 6,130 6,353
Less: Net income attributable to noncontrolling interests 4 8 16 25
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 1,449 $ 2,114 $ 6,114 $ 6,328
BASIC NET INCOME PER SHARE (in dollars per share) [1] $ 0.33 $ 0.48 $ 1.40 $ 1.44
DILUTED NET INCOME PER SHARE (in dollars per share) [1] 0.33 0.48 1.39 1.42
DIVIDENDS PER SHARE (in dollars per share) $ 0.33 $ 0.305 $ 0.99 $ 0.915
AVERAGE SHARES OUTSTANDING (in shares) 4,349 4,383 4,357 4,392
Effect of dilutive securities (in shares) 50 62 53 62
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,399 4,445 4,410 4,454
[1] Calculated based on net income attributable to shareowners of The Coca-Cola Company.