How to do a horizontal analysis of the income statement?

THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME 2017 2016 2015 Year Ended December 31 (amitions et pershare data) NET OPERATING REVENUES Cost of roods sold GROSS PROFIT Selling, general and administrative expenses Other operating charges OPERATING INCOME Interest income Interest expense Equity income (los)-net Other income (loss) net INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes from continuing operations NET INCOME FROM CONTINUING OPERATIONS Income from discontinued operations (net of income taxes of $47. SO and So. respectively) CONSOLIDATED NET INCOME Less: Net income attributable to noncontrolling interests NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 35.410 13.256 22.154 12,496 2.157 7.501 677 841 1.071 (1.666) 6,742 5,560 1.182 101 1.283 35 54186 $44.94 16,465 17.482 25.99 26.12 15.262 1.510 8.626 8.728 642 613 733 856 35 489 (1234) 631 8.136 9.605 1.586 2.239 6.550 7.366 6.550 23 7,366 15 $ 1,248 56,527 $ 7.351 S 5 1.31 $ 1,69 $ $ 0.28 0.02 0.29 0.27 0.02 $1.51 S 1.49 5 $ Basic net income per share from continuing operations Basic net income per share from discontinued operations BASIC NET INCOME PER SHARE Diluted net income per share from continuing operations! Diluted net income per share from discontinued operations DILUTED NET INCOME PER SHARE AVERAGE SHARES OUTSTANDING - BASIC Effect of dilutive securities AVERAGE SHARES OUTSTANDING DILUTED 1.69 1.67 $ 0.29 s 4.272 52 $ 1.49 4.317 SO 4,367 1.67 4,352 53 4.MS