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Convert the income statement and balance sheet for the most recent year into common size statements. Coca Cola Inc. CONSOLIDATED STATEMENTS OF INCOME - USD
Convert the income statement and balance sheet for the most recent year into common size statements.
Coca Cola Inc. CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions Common Size % Revenues Cost of Goods and Services Sold GROSS PROFIT Selling, General and Administrative Expense Other Cost and Expense, Operating OPERATING INCOME Interest income Interest expense Equity income (loss) - net Other income (loss) - net INCOME BEFORE INCOME TAXES 12 Months Ended Dec. 31, 2019 $ 37,266 14,619 22,647 12,103 458 10,086 563 946 1,049 34 10,786 1,801 8,985 Income taxes CONSOLIDATED NET INCOME Net Income (Loss) Attributable to Noncontrolling Interest NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY BASIC NET INCOME PER SHARE (in dollars per share) DILUTED NET INCOME PER SHARE (in dollars per share) AVERAGE SHARES OUTSTANDING (in shares) Effect of dilutive securities (in shares) AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares) 65 $ 8,920 $ 2.09 $ 2.07 4,276 38 4,314 Dec. 31, 2019 Common Size % $ 6,480 1,467 7,947 3,228 3,971 3,379 1,886 20,411 19,025 854 6,075 2,412 10,838 9,266 109 16,764 627 Coca Cola Inc. CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions CURRENT ASSETS Cash and cash equivalents Short-term investments TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Marketable securities Trade accounts receivable, less allowances of $524 Inventories Prepaid expenses and other assets TOTAL CURRENT ASSETS EQUITY METHOD INVESTMENTS OTHER INVESTMENTS OTHER ASSETS Deferred Tax Assets, Net, Noncurrent PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS CURRENT LIABILITIES Accounts payable and accrued expenses Notes and Loans Payable, Current Current maturities of long-term debt Accrued income taxes TOTAL CURRENT LIABILITIES LONG-TERM DEBT OTHER LIABILITIES DEFERRED INCOME TAXES THE COCA-COLA COMPANY SHAREOWNERS' EQUITY Common stock, $0.25 par value; authorized 11,200 shares; issued - 7,040 shares Capital surplus Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost - 2,760 shares EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS TOTAL EQUITY TOTAL LIABILITIES AND EQUITY 86,381 11,312 10,994 4,253 414 26,973 27,516 8,510 2,284 1,760 17,154 65,855 (13,544) (52,244) 18,981 2,117 21,098 $ 86,381
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