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 Shareowners’ Equity
(In millions except per share data)
| Year Ended December 31, | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity Attributable to Shareowners of The Coca-Cola Company | |||
| Number of Common Shares Outstanding | |||
| Balance at beginning of year | 4,328 | 4,325 | 4,302 |
| Treasury stock issued to employees related to stock-based compensation plans | 17 | 24 | 23 |
| Purchases of stock for treasury | (37) | (21) | — |
| Balance at end of year | 4,308 | 4,328 | 4,325 |
| Common Stock | $1,760 | $1,760 | $1,760 |
| Capital Surplus | |||
| Balance at beginning of year | 18,822 | 18,116 | 17,601 |
| Stock issued to employees related to stock-based compensation plans | 177 | 373 | 216 |
| Stock-based compensation expense | 233 | 332 | 299 |
| Acquisition of interests held by noncontrolling owners | (20) | — | — |
| Other activities | (3) | 1 | — |
| Balance at end of year | 19,209 | 18,822 | 18,116 |
| Reinvested Earnings | |||
| Balance at beginning of year | 71,019 | 69,094 | 66,555 |
| Adoption of accounting standards1 | — | — | 19 |
| Net income attributable to shareowners of The Coca-Cola Company | 10,714 | 9,542 | 9,771 |
| Dividends (per share — $1.84, $1.76 and $1.68 in 2023, 2022 and 2021, respectively) | (7,951) | (7,617) | (7,251) |
| Balance at end of year | 73,782 | 71,019 | 69,094 |
| Accumulated Other Comprehensive Income (Loss) | |||
| Balance at beginning of year | (14,895) | (14,330) | (14,601) |
| Net other comprehensive income (loss) | 620 | (565) | 271 |
| Balance at end of year | (14,275) | (14,895) | (14,330) |
| Treasury Stock | |||
| Balance at beginning of year | (52,601) | (51,641) | (52,016) |
| Treasury stock issued to employees related to stock-based compensation plans | 255 | 376 | 375 |
| Purchases of stock for treasury | (2,189) | (1,336) | — |
| Balance at end of year | (54,535) | (52,601) | (51,641) |
| Total Equity Attributable to Shareowners of The Coca-Cola Company | $25,941 | $24,105 | $22,999 |
| Equity Attributable to Noncontrolling Interests | |||
| Balance at beginning of year | $1,721 | $1,861 | $1,985 |
| Net income attributable to noncontrolling interests | (11) | 29 | 33 |
| Net foreign currency translation adjustments | (147) | (118) | (132) |
| Dividends paid to noncontrolling interests | (25) | (51) | (43) |
| Acquisition of interests held by noncontrolling owners | (2) | — | — |
| Contributions by noncontrolling interests | — | — | 20 |
| Other activities | 3 | — | (2) |
| Total Equity Attributable to Noncontrolling Interests | $1,539 | $1,721 | $1,861 |
1 Represents the adoption of Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes, effective January 1, 2021.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.