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create a trend financial analysis for the years 2019 and 2018 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) 2019 2018
create a trend financial analysis for the years 2019 and 2018
THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) 2019 2018 2017 $ 1,283 8,985 $ 1,365 201 (280) (421) 91 (467) 127 504 366 10,471 6,476 S 1,086 225 (413) ( (457) (50) 743 558 699 (1.240) 1,260 219 (1,252) (628) 292 1,459 1,218 (252) 3,442 7,041 7,627 (4,704) 6,973 (5,542) 429 (2,054) 978 Year Ended December 31, Operating Activities Consolidated net income Depreciation and amortization Stock-based compensation expense Deferred income taxes Equity (income) loss-net of dividends Foreign currency adjustments Significant (gains) losses - net Other operating charges Other items Net change in operating assets and liabilities Net Cash Provided by Operating Activities Investing Activities Purchases of investments Proceeds from disposals of investments Acquisitions of businesses, equity method investments and nonmarketable securities Proceeds from disposals of businesses, equity method investments and nonmarketable securities Purchases of property, plant and equipment Proceeds from disposals of property, plant and equipment Other investing activities Net Cash Provided by (Used in) Investing Activities ) Financing Activities Issuances of debt Payments of debt Issuances of stock Purchases of stock for treasury Dividends Other financing activities Net Cash Provided by (Used in) Financing Activities Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year Less: Restricted cash and restricted cash equivalents at end of your Cash and Cash Equivalents at End of Year Refer to Notes to Consolidated Financial Statements. . (7,789) 14,977 (1,263) 1,362 (1,548) 248 (60) 5,927 (17,296) 16,694 (3,809) 3,821 (1,750) 108 (80) (2,312) (56) (3,976) 23,009 (24,850) 1,012 (1,103) (6,845) (227) (9,004) 27,605 (30,600) 1,476 (1,912) (6,644) (272) (10,347) 29,926 (28,871) 1,595 (3,682) (6,320) (95) (7,447) (72) (262) 241 (2,581) 9,318 6,737 257 6,480 $ 2,945 6,373 9,318 241 9,077 $ (2,477) 8,850 6,373 271 $ 6,102 71 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions except per share data) $ Year Ended December 31, Net Operating Revenues Cost of goods sold Gross Profit Selling, general and administrative expenses Other operating charges Operating Income Interest income Interest expense Equity income (loss) ---net Other income (loss)-net Income Before Income Taxes Income taxes Consolidated Net Income Less: Net income (loss) attributable to noncontrolling interests Net Income Attributable to Shareowners of The Coca-Cola Company Basic Net Income Per Shard Diluted Net Income Per Share Average Shares Outstanding - Basic Effect of dilutive securities Average Shares Outstanding - Diluted Calculated based on net income attributable to shareowners of The Coca-Cola Company Refer to Notes to Consolidated Financial Statements. 2019 37,266 $ 14,619 22,647 12,103 458 10,086 563 946 1,049 34 10,786 1,801 8,985 65 8,920 $ 2.09 $ 2.07 $ 4,276 38 4,314 2018 34,300 $ 13,067 21,233 11,002 1,079 9,152 689 950 1,008 (1,674) 8,225 1.749 6,476 42 6,434 $ 1.51 $ 1.50 $ 4,259 40 4.299 2017 36,212 13,721 22,491 12,834 1,902 7,755 679 853 1,072 (1,763) 6,890 5,607 1,283 35 1,248 $ $ 0.29 0.29 $ 4,272 52 4.324 68 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) 2019 2018 December 31, ASSETS 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 and 5501, respectively Inventories Prepaid expenses and other assets Total Current Assets Equity method investments Other investments Other assets Deferred income tax assets Property, plant and equipment - net Trademarks with indefinite lives Bottlers' franchise rights with indefinite lives Goodwill Other intangible assets Total Assets LIABILITIES AND EQUITY Current Liabilities Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Total Current Liabilities Long-term debt Other liabilities Deferred income tax liabilities The Coca-Cola Company Shareowners' Equity Common stock, S0.25 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 and 2,772 shares, respectively Equity Attributable to Shareowners of The Coca-Cola Company Equity attributable to noncontrolling interests Total Equity Total Liabilities and Equity 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 86,381 $ 9,077 2,025 11,102 5,013 3,685 3,071 2,059 24,930 19,412 867 4,148 2,674 9,598 6,682 51 14,109 745 83,216 s 11,312 $ 10,994 4,253 414 26,973 27,516 8,510 2,284 9,533 13,835 5.003 411 28,782 25,376 7,646 2,354 1,760 17,154 65,855 (13,544) (52,244) 18,981 2,117 21,098 86,381 $ 1,760 16,520 63,234 (12,814) (51,719) 16,981 2,077 19,058 83,216 $ Refer to Notes to Consolidated Financial Statements. 70 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) 2019 2018 2017 $ 1,283 8,985 $ 1,365 201 (280) (421) 91 (467) 127 504 366 10,471 6,476 S 1,086 225 (413) ( (457) (50) 743 558 699 (1.240) 1,260 219 (1,252) (628) 292 1,459 1,218 (252) 3,442 7,041 7,627 (4,704) 6,973 (5,542) 429 (2,054) 978 Year Ended December 31, Operating Activities Consolidated net income Depreciation and amortization Stock-based compensation expense Deferred income taxes Equity (income) loss-net of dividends Foreign currency adjustments Significant (gains) losses - net Other operating charges Other items Net change in operating assets and liabilities Net Cash Provided by Operating Activities Investing Activities Purchases of investments Proceeds from disposals of investments Acquisitions of businesses, equity method investments and nonmarketable securities Proceeds from disposals of businesses, equity method investments and nonmarketable securities Purchases of property, plant and equipment Proceeds from disposals of property, plant and equipment Other investing activities Net Cash Provided by (Used in) Investing Activities ) Financing Activities Issuances of debt Payments of debt Issuances of stock Purchases of stock for treasury Dividends Other financing activities Net Cash Provided by (Used in) Financing Activities Effect of Exchange Rate Changes on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at End of Year Less: Restricted cash and restricted cash equivalents at end of your Cash and Cash Equivalents at End of Year Refer to Notes to Consolidated Financial Statements. . (7,789) 14,977 (1,263) 1,362 (1,548) 248 (60) 5,927 (17,296) 16,694 (3,809) 3,821 (1,750) 108 (80) (2,312) (56) (3,976) 23,009 (24,850) 1,012 (1,103) (6,845) (227) (9,004) 27,605 (30,600) 1,476 (1,912) (6,644) (272) (10,347) 29,926 (28,871) 1,595 (3,682) (6,320) (95) (7,447) (72) (262) 241 (2,581) 9,318 6,737 257 6,480 $ 2,945 6,373 9,318 241 9,077 $ (2,477) 8,850 6,373 271 $ 6,102 71 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions except per share data) $ Year Ended December 31, Net Operating Revenues Cost of goods sold Gross Profit Selling, general and administrative expenses Other operating charges Operating Income Interest income Interest expense Equity income (loss) ---net Other income (loss)-net Income Before Income Taxes Income taxes Consolidated Net Income Less: Net income (loss) attributable to noncontrolling interests Net Income Attributable to Shareowners of The Coca-Cola Company Basic Net Income Per Shard Diluted Net Income Per Share Average Shares Outstanding - Basic Effect of dilutive securities Average Shares Outstanding - Diluted Calculated based on net income attributable to shareowners of The Coca-Cola Company Refer to Notes to Consolidated Financial Statements. 2019 37,266 $ 14,619 22,647 12,103 458 10,086 563 946 1,049 34 10,786 1,801 8,985 65 8,920 $ 2.09 $ 2.07 $ 4,276 38 4,314 2018 34,300 $ 13,067 21,233 11,002 1,079 9,152 689 950 1,008 (1,674) 8,225 1.749 6,476 42 6,434 $ 1.51 $ 1.50 $ 4,259 40 4.299 2017 36,212 13,721 22,491 12,834 1,902 7,755 679 853 1,072 (1,763) 6,890 5,607 1,283 35 1,248 $ $ 0.29 0.29 $ 4,272 52 4.324 68 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) 2019 2018 December 31, ASSETS 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 and 5501, respectively Inventories Prepaid expenses and other assets Total Current Assets Equity method investments Other investments Other assets Deferred income tax assets Property, plant and equipment - net Trademarks with indefinite lives Bottlers' franchise rights with indefinite lives Goodwill Other intangible assets Total Assets LIABILITIES AND EQUITY Current Liabilities Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Total Current Liabilities Long-term debt Other liabilities Deferred income tax liabilities The Coca-Cola Company Shareowners' Equity Common stock, S0.25 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 and 2,772 shares, respectively Equity Attributable to Shareowners of The Coca-Cola Company Equity attributable to noncontrolling interests Total Equity Total Liabilities and Equity 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 86,381 $ 9,077 2,025 11,102 5,013 3,685 3,071 2,059 24,930 19,412 867 4,148 2,674 9,598 6,682 51 14,109 745 83,216 s 11,312 $ 10,994 4,253 414 26,973 27,516 8,510 2,284 9,533 13,835 5.003 411 28,782 25,376 7,646 2,354 1,760 17,154 65,855 (13,544) (52,244) 18,981 2,117 21,098 86,381 $ 1,760 16,520 63,234 (12,814) (51,719) 16,981 2,077 19,058 83,216 $ Refer to Notes to Consolidated Financial Statements. 70Step by Step Solution
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