v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2019
Sep. 28, 2018
Sep. 27, 2019
Sep. 28, 2018
Revenues $ 9,507 $ 8,775 $ 28,198 $ 26,494
Cost of Goods and Services Sold 3,767 3,346 11,053 9,965
GROSS PROFIT 5,740 5,429 17,145 16,529
Selling, general and administrative expenses 3,116 2,660 8,879 8,286
Other operating charges 125 155 344 916
OPERATING INCOME 2,499 2,614 7,922 7,327
Interest income 153 171 428 510
Interest expense 230 214 711 697
Equity income (loss) - net 346 348 808 813
Other income (loss) — net 324 (546) (81) (693)
INCOME BEFORE INCOME TAXES 3,092 2,373 8,366 7,260
Income taxes 503 555 1,446 1,711
CONSOLIDATED NET INCOME 2,589 1,818 6,920 5,549
Net Income (Loss) Attributable to Noncontrolling Interest (4) (62) 42 (15)
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 2,593 $ 1,880 $ 6,878 $ 5,564
BASIC NET INCOME PER SHARE (in dollars per share) $ 0.61 $ 0.44 $ 1.61 $ 1.31
DILUTED NET INCOME PER SHARE (in dollars per share) $ 0.60 $ 0.44 $ 1.60 $ 1.29
AVERAGE SHARES OUTSTANDING (in shares) 4,280,000,000 4,255,000,000 4,273,000,000 4,258,000,000
Effect of dilutive securities (in shares) 41,000,000 40,000,000 38,000,000 39,000,000
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,321,000,000 4,295,000,000 4,311,000,000 4,297,000,000

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