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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2021
Sep. 25, 2020
Oct. 01, 2021
Sep. 25, 2020
Revenues $ 10,042 $ 8,652 $ 29,191 $ 24,403
Cost of Goods Sold 3,977 3,471 11,269 9,855
GROSS PROFIT 6,065 5,181 17,922 14,548
Selling, general and administrative expenses 3,122 2,511 8,808 7,142
Other operating charges 45 372 478 747
OPERATING INCOME 2,898 2,298 8,636 6,659
Interest income 68 82 205 294
Interest expense 210 660 1,432 1,127
Equity income (loss) - net 455 431 1,136 774
Other income (loss) — net (127) 30 920 788
INCOME BEFORE INCOME TAXES 3,084 2,181 9,465 7,388
Income taxes 609 441 2,111 1,094
CONSOLIDATED NET INCOME 2,475 1,740 7,354 6,294
Net Income (Loss) Attributable to Noncontrolling Interest 4 3 (3) 3
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 2,471 $ 1,737 $ 7,357 $ 6,291
BASIC NET INCOME PER SHARE (in dollars per share) $ 0.57 $ 0.40 $ 1.71 $ 1.47
DILUTED NET INCOME PER SHARE (in dollars per share) $ 0.57 $ 0.40 $ 1.70 $ 1.46
AVERAGE SHARES OUTSTANDING - BASIC (in shares) 4,318,000,000 4,296,000,000 4,313,000,000 4,293,000,000
Effect of dilutive securities (in shares) 26,000,000 25,000,000 24,000,000 28,000,000
AVERAGE SHARES OUTSTANDING - DILUTED (in shares) 4,344,000,000 4,321,000,000 4,337,000,000 4,321,000,000

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