v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 37,266 $ 34,300 $ 36,212
Cost of Goods and Services Sold 14,619 13,067 13,721
GROSS PROFIT 22,647 21,233 22,491
Selling, General and Administrative Expense 12,103 11,002 12,834
Other Cost and Expense, Operating 458 1,079 1,902
OPERATING INCOME 10,086 9,152 7,755
Interest income 563 689 679
Interest expense 946 950 853
Equity income (loss) - net 1,049 1,008 1,072
Other income (loss) - net 34 (1,674) (1,763)
INCOME BEFORE INCOME TAXES 10,786 8,225 6,890
Income taxes 1,801 1,749 5,607
CONSOLIDATED NET INCOME 8,985 6,476 1,283
Net Income (Loss) Attributable to Noncontrolling Interest 65 42 35
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 8,920 $ 6,434 $ 1,248
BASIC NET INCOME PER SHARE (in dollars per share) $ 2.09 $ 1.51 $ 0.29
DILUTED NET INCOME PER SHARE (in dollars per share) $ 2.07 $ 1.50 $ 0.29
AVERAGE SHARES OUTSTANDING (in shares) 4,276 4,259 4,272
Effect of dilutive securities (in shares) 38 40 52
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,314 4,299 4,324

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