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Coca-Cola Co.

Consolidated Income Statement


US$ in millions
12 months ended: Dec 31, 2019
Net operating revenues 37,266
Cost of goods sold (14,619)
Gross profit 22,647
Selling, general and administrative expenses (12,103)
Other operating charges (458)
Operating income 10,086
Interest income 563
Interest expense (946)
Equity income, net 1,049
Other income (loss), net 34
Income from continuing operations before income taxes 10,786
Income taxes from continuing operations (1,801)
Net income from continuing operations 8,985
Income (loss) from discontinued operations, net of income taxes —
Consolidated net income 8,985
Net income attributable to noncontrolling interests (65)
Net income attributable to shareowners of The Coca-Cola Company 8,920
10-K (filing date: 2017-02-24),
10-K (filing date: 2016-02-25).
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
31,856 35,410 41,863 44,294
(11,770) (13,256) (16,465) (17,482)
20,086 22,154 25,398 26,812
(10,307) (12,496) (15,262) (16,427)
(1,079) (2,157) (1,510) (1,657)
8,700 7,501 8,626 8,728
682 677 642 613
(919) (841) (733) (856)
1,008 1,071 835 489
(1,121) (1,666) (1,234) 631
8,350 6,742 8,136 9,605
(1,623) (5,560) (1,586) (2,239)
6,727 1,182 6,550 7,366
(251) 101 — —
6,476 1,283 6,550 7,366
(42) (35) (23) (15)
6,434 1,248 6,527 7,351

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