v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Revenues $ 8,601 $ 8,694
Cost of Goods Sold 3,371 3,365
GROSS PROFIT 5,230 5,329
Selling, general and administrative expenses 2,648 2,767
Other operating charges 202 127
OPERATING INCOME 2,380 2,435
Interest income 112 133
Interest expense 193 245
Equity income (loss) - net 167 133
Other income (loss) — net 544 (231)
INCOME BEFORE INCOME TAXES 3,010 2,225
Income taxes 215 522
CONSOLIDATED NET INCOME 2,795 1,703
Net Income (Loss) Attributable to Noncontrolling Interest 20 25
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 2,775 $ 1,678
BASIC NET INCOME PER SHARE (in dollars per share) $ 0.65 $ 0.39
DILUTED NET INCOME PER SHARE (in dollars per share) $ 0.64 $ 0.39
AVERAGE SHARES OUTSTANDING (in shares) 4,289,000,000 4,271,000,000
Effect of dilutive securities (in shares) 36,000,000 35,000,000
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 4,325,000,000 4,306,000,000

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