COCA COLA CO
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
KO$96.91+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
(In millions)
| Year Ended December 31, | 2023 | 2022 | 2021 |
|---|---|---|---|
| Operating Activities | |||
| Consolidated net income | $10,703 | $9,571 | $9,804 |
| Adjustments to reconcile consolidated net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,128 | 1,260 | 1,452 |
| Stock-based compensation expense | 254 | 356 | 337 |
| Deferred income taxes | (2) | (122) | 894 |
| Equity (income) loss — net of dividends | (1,019) | (838) | (615) |
| Foreign currency adjustments | 175 | 203 | 86 |
| Significant (gains) losses — net | (492) | (129) | (1,365) |
| Other operating charges | 1,741 | 1,086 | 506 |
| Other items | (43) | 236 | 201 |
| Net change in operating assets and liabilities | (846) | (605) | 1,325 |
| Net Cash Provided by Operating Activities | 11,599 | 11,018 | 12,625 |
| Investing Activities | |||
| Purchases of investments | (6,698) | (3,751) | (6,030) |
| Proceeds from disposals of investments | 4,354 | 4,771 | 7,059 |
| Acquisitions of businesses, equity method investments and nonmarketable securities | (62) | (73) | (4,766) |
| Proceeds from disposals of businesses, equity method investments and nonmarketable securities | 430 | 458 | 2,180 |
| Purchases of property, plant and equipment | (1,852) | (1,484) | (1,367) |
| Proceeds from disposals of property, plant and equipment | 74 | 75 | 108 |
| Collateral (paid) received associated with hedging activities — net | 366 | (1,465) | — |
| Other investing activities | 39 | 706 | 51 |
| Net Cash Provided by (Used in) Investing Activities | (3,349) | (763) | (2,765) |
| Financing Activities | |||
| Issuances of loans, notes payable and long-term debt | 6,891 | 3,972 | 13,094 |
| Payments of loans, notes payable and long-term debt | (5,034) | (4,930) | (12,866) |
| Issuances of stock | 539 | 837 | 702 |
| Purchases of stock for treasury | (2,289) | (1,418) | (111) |
| Dividends | (7,952) | (7,616) | (7,252) |
| Other financing activities | (465) | (1,095) | (353) |
| Net Cash Provided by (Used in) Financing Activities | (8,310) | (10,250) | (6,786) |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | (73) | (205) | (159) |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | |||
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year | (133) | (200) | 2,915 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year | 9,825 | 10,025 | 7,110 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year | 9,692 | 9,825 | 10,025 |
| Less: Restricted cash and restricted cash equivalents at end of year | 326 | 306 | 341 |
| Cash and Cash Equivalents at End of Year | $9,366 | $9,519 | $9,684 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.