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Following are comparative statements of cash flows, as reported by The Coca-Cola Company in its 2017 annual report THE COCA-COLA COMPANY AND SUBSIDIARIES Consolidated Statements

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Following are comparative statements of cash flows, as reported by The Coca-Cola Company in its 2017 annual report THE COCA-COLA COMPANY AND SUBSIDIARIES Consolidated Statements of Cash Flows Year Ended December 31 (in millions) 2017 Operating Activities (details omitted) 2016 2015 Net cash provided by operating activities $5,995 $ 3.796 Investing Activities S 10.520 Purchases of investments (16,520) Proceeds from disposals of investments (15,499) (15,931) 15,911 Acquisitions of businesses, equity method 16,624 14.079 Investments, and nonmarketable securities Proceeds from disposals of businesses, equity method (3,9001 (838) (2,491) investments, and nonmarketable securities 3,821 1.035 565 Purchases of property, plant, and equipment (1,675) proceeds from disposals of property, plant, and (2.262) (2,553) equipment 104 150 85 Other investing activities 126 (209) 140 flet cash provided by used in tnvesting activities (2.285) (5,186) Tinancing Activities Issuance of debt 29,857 27,201 40,434 Payments of debt (28,768) (25,615) (7.738) Issuances of stock 1,595 1.434 1,245 Purchases of stock for treasury (3,682) (3,681) (3,564) Dividende (6,320) (6,043) 15,741) Other financing activities 191 79 251 Bet cash provided by used in) financing activities (7.409) (6,5451 (5,113) Cash Movs from Discontinued Operations Net cash provided by used in) operating activities of discontinued operations 111 Het cash provided by used in) investing activities of discontinued operations (65) Bet tash provided by (used in financing activities of Hiscontinued operations 30 liet cash provided by used in) discontinued 8 operations Effect of Exchange Rate Changes on Cash and Canh Equivalents 242 6 (878) Cash and Cash Equivalents: Net Increase (decresse) during the year (2,549) 1.246 (1,649) Balance at beginning of the year 8,555 7.309 6950 balance at end of year 56.006 $ 8,555 $ 7.309 Required: a-1. For the each of the three years by what amount, net cash provided by operations exceeded net cash used for investing activities and for the payment of dividends. (Enter your answers in millions (i.e., 5,000,000 should be entered as 5). Negative amounts should be indicated with a minus sign.) 2017 2016 2015 Total Excess Net Cash

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