Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 29, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 11,883 $ 9,519
Short-term investments 2,332 1,043
Total Cash, Cash Equivalents and Short-Term Investments 14,215 10,562
Marketable securities 1,220 1,069
Trade accounts receivable, less allowances of $504 and $516, respectively 3,495 3,487
Inventories 4,252 4,233
Prepaid expenses and other current assets 4,685 3,240
Total Current Assets 27,867 22,591
Equity method investments 19,256 18,264
Other investments 104 501
Other noncurrent assets 7,031 6,189
Deferred income tax assets 1,575 1,746
Property, plant and equipment, less accumulated depreciation of $9,188 and $9,234, respectively 8,860 9,841
Trademarks with indefinite lives 14,213 14,214
Goodwill 18,144 18,782
Other intangible assets 528 635
Total Assets 97,578 92,763
CURRENT LIABILITIES    
Accounts payable and accrued expenses 16,837 15,749
Loans and notes payable 3,915 2,373
Current maturities of long-term debt 2,080 399
Accrued income taxes 1,577 1,203
Total Current Liabilities 24,409 19,724
Long-term debt 34,176 36,377
Other noncurrent liabilities 8,427 7,922
Deferred income tax liabilities 2,733 2,914
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY    
Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares 1,760 1,760
Capital surplus 19,081 18,822
Reinvested earnings 73,793 71,019
Accumulated other comprehensive income (loss) (14,815) (14,895)
Treasury stock, at cost — 2,716 and 2,712 shares, respectively (53,494) (52,601)
Equity Attributable to Shareowners of The Coca-Cola Company 26,325 24,105
Equity attributable to noncontrolling interests 1,508 1,721
Total Equity 27,833 25,826
Total Liabilities and Equity $ 97,578 $ 92,763