Coca-Cola Company 12/31 Net sales (in millions) 2021 38,655 Operating Cost (exc. Depr.) 27,324 Depreciation expense 10 Operating Income 11,321 Interest expense -1321 Other income 2425 Earnings before taxes 12,425 Income taxes 2,621 Net income 9,804 Assets: (in Millions) 2021 2020 Cash and marketable securities $12,625 $10,914 Accounts receivable $3,512 $3,144 Inventories 3,414 3,266 Prepaid expenses 2,994 1.916 Total current assets $22,545 $19,240 Net fixed assets $11,338 $12,325 Other assets $60.471 $55,731 Total assets $94,354 $87,296 Liabilities: Accounts payable $4,602 $3,517 Accruals Notes payable $8,899 $6,491 3,307 2,183 Other Current Liabilities 3,142 2,410 Total current liabilities Long-term debt $19,950 $14,601 38,116 Other liabilities Owner's equity 40,125 13,289 13,271 22.999 19,299 Total liabilities and owner's equity $94,354 $87,296 Other Data 2021 Ordinary Shares Outstanding (M) 4,325 Market Price $58.75 Tax Rate 21.10% WACC 4.5%