FORM 10-Q
FORM 10-Q
FORM 10-Q
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Part I. Financial Information<br />
Item 1. Financial Statements (Unaudited)<br />
THE COCA-COLA COMPANY AND SUBSIDIARIES<br />
CONDENSED CONSOLIDATED STATEMENTS OF INCOME<br />
(UNAUDITED)<br />
(In millions except per share data)<br />
Three Months Ended<br />
March 29,<br />
2013<br />
March 30,<br />
2012<br />
NET OPERATING REVENUES $ 11,035 $ 11,137<br />
Cost of goods sold 4,324 4,348<br />
GROSS PROFIT 6,711 6,789<br />
Selling, general and administrative expenses 4,182 4,181<br />
Other operating charges 121 99<br />
OPERATING INCOME 2,408 2,509<br />
Interest income 116 115<br />
Interest expense <strong>10</strong>2 88<br />
Equity income (loss) — net 87 140<br />
Other income (loss) — net (165) 49<br />
INCOME BEFORE INCOME TAXES 2,344 2,725<br />
Income taxes 575 658<br />
CONSOLIDATED NET INCOME 1,769 2,067<br />
Less: Net income attributable to noncontrolling interests 18 13<br />
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF<br />
THE COCA-COLA COMPANY $ 1,751 $ 2,054<br />
BASIC NET INCOME PER SHARE 1<br />
$ 0.39 $ 0.45<br />
DILUTED NET INCOME PER SHARE 1<br />
$ 0.39 $ 0.45<br />
DIVIDENDS PER SHARE $ 0.28 $ 0.255<br />
AVERAGE SHARES OUTSTANDING 4,455 4,525<br />
Effect of dilutive securities 75 76<br />
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION 4,530 4,601<br />
1 Calculated based on net income attributable to shareowners of The Coca-Cola Company.<br />
Refer to Notes to Condensed Consolidated Financial Statements.<br />
2
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