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Hi, I am doing my homework, so I need your help, please. 1/ Review the activity in the current liability accounts What does it mean?

Hi,

I am doing my homework, so I need your help, please.

1/ Review the activity in the current liability accounts

What does it mean? Can you show me how to it? Thanks a lot.

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions Dec. 31, 2017 Dec. 31, 2016
CURRENT ASSETS
Cash and cash equivalents $ 6,006 $ 8,555
Short-term investments 9,352 9,595
TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 15,358 18,150
Marketable securities 5,317 4,051
Trade accounts receivable, less allowances of $477 and $466, respectively 3,667 3,856
Inventories 2,655 2,675
Prepaid expenses and other assets 2,000 2,481
Assets held for sale 219 2,797
Assets held for sale - discontinuing operations 7,329 0
TOTAL CURRENT ASSETS 36,545 34,010
EQUITY METHOD INVESTMENTS 20,856 16,260
OTHER INVESTMENTS 1,096 989
OTHER ASSETS 4,560 4,248
PROPERTY, PLANT AND EQUIPMENT - net 8,203 10,635
TRADEMARKS WITH INDEFINITE LIVES 6,729 6,097
BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES 138 3,676
GOODWILL 9,401 10,629
OTHER INTANGIBLE ASSETS 368 726
TOTAL ASSETS 87,896 87,270
CURRENT LIABILITIES
Accounts payable and accrued expenses 8,748 9,490
Loans and notes payable 13,205 12,498
Current maturities of long-term debt 3,298 3,527
Accrued income taxes 410 307
Liabilities held for sale 37 710
Liabilities Held for Sale, Discontinued Operations 1,496 0
TOTAL CURRENT LIABILITIES 27,194 26,532
LONG-TERM DEBT 31,182 29,684
OTHER LIABILITIES 8,021 4,081
DEFERRED INCOME TAXES 2,522 3,753
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY
Common stock, $0.25 par value; Authorized 11,200 shares; Issued 7,040 and 7,040 shares, respectively 1,760 1,760
Capital surplus 15,864 14,993
Reinvested earnings 60,430 65,502
Accumulated other comprehensive income (loss) (10,305) (11,205)
Treasury stock, at cost 2,781 and 2,752 shares, respectively (50,677) (47,988)
EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 17,072 23,062
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 1,905 158
TOTAL EQUITY 18,977 23,220
TOTAL LIABILITIES AND EQUITY $ 87,896 $ 87,270

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