Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 29, 2019
Accounting Policies [Abstract]  
Income from continuing operations and discontinued operations attributable to noncontrolling interests [Table Text Block]
The following table presents information related to net income from continuing operations and net income from discontinued operations (in millions):
 
Three Months Ended
 
March 29, 2019

 
March 30, 2018

CONTINUING OPERATIONS
 
 
 
Net income from continuing operations
$
1,646

 
$
1,327

Less: Net income from continuing operations attributable to noncontrolling interests
1

 
2

Net income from continuing operations attributable to shareowners of
   The Coca-Cola Company
$
1,645

 
$
1,325

DISCONTINUED OPERATIONS
 
 
 
Net income from discontinued operations
$
57

 
$
73

Less: Net income from discontinued operations attributable to noncontrolling interests
24

 
30

Net income from discontinued operations attributable to shareowners of
   The Coca-Cola Company
$
33

 
$
43

CONSOLIDATED
 
 
 
Consolidated net income
$
1,703

 
$
1,400

Less: Net income attributable to noncontrolling interests
25

 
32

Net income attributable to shareowners of The Coca-Cola Company
$
1,678

 
$
1,368

Schedule of Cash and Cash Equivalents [Table Text Block]
The following table provides a summary of cash, cash equivalents, restricted cash and restricted cash equivalents that constitute the total amounts shown in the condensed consolidated statements of cash flows (in millions):
 
March 29,
2019

December 31,
2018

Cash and cash equivalents
$
5,645

$
8,926

Cash and cash equivalents included in assets held for sale  discontinued operations
203

151

Cash and cash equivalents included in other assets1
276

241

Cash, cash equivalents, restricted cash and restricted cash equivalents
$
6,124

$
9,318

 
March 30, 2018

December 31, 2017

Cash and cash equivalents
$
8,291

$
6,006

Cash and cash equivalents included in assets held for sale
7

13

Cash and cash equivalents included in assets held for sale  discontinued operations
169

97

Cash and cash equivalents included in other assets1
281

257

Cash, cash equivalents, restricted cash and restricted cash equivalents
$
8,748

$
6,373

1 Amounts represent cash and cash equivalents in our solvency capital portfolio set aside primarily to cover pension obligations in certain of
our European and Canadian pension plans. Refer to Note 4.