COCA COLA CO
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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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.
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Consolidated Statements of Income
(In millions except per share data)
| Year Ended December 31, | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Revenues | $45,754 | $43,004 | $38,655 |
| Cost of goods sold | 18,520 | 18,000 | 15,357 |
| Gross Profit | 27,234 | 25,004 | 23,298 |
| Selling, general and administrative expenses | 13,972 | 12,880 | 12,144 |
| Other operating charges | 1,951 | 1,215 | 846 |
| Operating Income | 11,311 | 10,909 | 10,308 |
| Interest income | 907 | 449 | 276 |
| Interest expense | 1,527 | 882 | 1,597 |
| Equity income (loss) — net | 1,691 | 1,472 | 1,438 |
| Other income (loss) — net | 570 | (262) | 2,000 |
| Income Before Income Taxes | 12,952 | 11,686 | 12,425 |
| Income taxes | 2,249 | 2,115 | 2,621 |
| Consolidated Net Income | 10,703 | 9,571 | 9,804 |
| Less: Net income (loss) attributable to noncontrolling interests | (11) | 29 | 33 |
| Net Income Attributable to Shareowners of The Coca-Cola Company | $10,714 | $9,542 | $9,771 |
| Basic Net Income Per Share1 | $2.48 | $2.20 | $2.26 |
| Diluted Net Income Per Share1 | $2.47 | $2.19 | $2.25 |
| Average Shares Outstanding — Basic | 4,323 | 4,328 | 4,315 |
| Effect of dilutive securities | 16 | 22 | 25 |
| Average Shares Outstanding — Diluted | 4,339 | 4,350 | 4,340 |
1 Calculated based on net income attributable to shareowners of The Coca-Cola Company.
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