The Coca-Cola Company Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

Acquisitions and Divestitures Acquisitions and Divestitures (Tables)

3 Months Ended

Mar. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Assets and Liabilities Held-for-sale [Table Text Block]

The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in our condensed consolidated balance sheets (in millions):



	March 30, 2018			December 31, 2017
Cash, cash equivalents and short-term investments	$	7		$	13
Trade accounts receivable, less allowances	6			10
Inventories	11			11
Prepaid expenses and other assets	19			12
Other assets	7			7
Property, plant and equipment — net	63			85
Bottlers' franchise rights with indefinite lives	—			5
Goodwill	99			103
Other intangible assets	1			1
Allowance for reduction of assets held for sale	—			(28		)
Assets held for sale	$	213	¹	$	219		³
Accounts payable and accrued expenses	$	18		$	22
Other liabilities	14			12
Deferred income taxes	1			3
Liabilities held for sale	$	33	²	$	37		⁴

¹Consists of total assets relating to refranchising of Latin America bottling operations of $213 million, which are included in the Bottling Investments operating segment.

² Consists of total liabilities relating to refranchising of Latin America bottling operations of $33 million, which are included in the Bottling Investments operating segment.


³	Consists of total assets relating to North America refranchising of $9 million and refranchising of Latin America bottling operations of $210 million, which are included in the Bottling Investments operating segment.


⁴	Consists of total liabilities relating to North America refranchising of $5 million and refranchising of Latin America bottling operations of $32 million, which are included in the Bottling Investments operating segment.

Assets and Liabilities Held for Sale - Discontinued Operations

The following table presents information related to the major classes of assets and liabilities of CCBA that were classified as held for sale — discontinued operations in our condensed consolidated balance sheets (in millions):



	March 30, 2018		December 31, 2017
Cash, cash equivalents and short-term investments	$	169	$	97
Trade accounts receivable, less allowances	280		299
Inventories	294		299
Prepaid expenses and other assets	69		52
Equity method investments	7		7
Other assets	21		29
Property, plant and equipment — net	1,460		1,436
Goodwill	3,923		4,248
Other intangible assets	943		862
Assets held for sale — discontinued operations	$	7,166	$	7,329
Accounts payable and accrued expenses	$	545	$	598
Loans and notes payable	418		404
Current maturities of long-term debt	6		6
Accrued income taxes	55		40
Long-term debt	20		19
Other liabilities	10		10
Deferred income taxes	441		419
Liabilities held for sale — discontinued operations	$	1,495	$	1,496