Please show calculations.

The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies complete annual reports, including the notes to the financial statements are available online. Click here to view Appendix C Click here to view Appendix D Use the companies' financial information to answer the following questions. (a) What are the amounts of Coca-Cola's and PepsiCo's provision for income taxes for the year 2017? Of each company's 2017 provision for income taxes, what portion is current expense and what portion is deferred expense? (Enter amounts in millions Negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.s. (45).) Coca-Cola Company PepsiCo, Inc. Current portion Deferred portion Total expense $ $ Q Coca-Cola Company is the world's largest beverage company. It owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages, but also a variety of still trages such as waters, enhanced waters, jules and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Finished beverage products bearing Coca-Cola trademarks sold in the ted States since 1886, are now available in more than 200 countries. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME ar Ended December 31 2017 2016 2015 millions except per share data) ET OPERATING REVENUES $ 35.410 $ 41,863 $ 44.294 ost of goods sold 13,256 16,465 17.482 FROSS PROFIT 22,154 25.398 26,81 elling, general and administrative expenses 12,496 15.262 16,427 Other operating charges 2.157 1.510 1.657 OPERATING INCOME 7.501 8,626 8,728 interest income 67 613 Interest expense R4 733 856 Equity income (los)-net 1,071 835 469 Other income (loss)-net (1,666) (121) 63 INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 6,742 8.490 9,603 Income taxes from continuing operations 5.560 1986 2.2:39 NET INCOME FROM CONTINUING OPERATIONS 1,182 6.550 7.366 Income from discontinued operations (not of income taxes of $47. $0 and 80, respectively) 101 CONSOLIDATED NET INCOME 1,083 6,550 7.366 Less: Net income attributable to noncontrolling interest 3.5 15 NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY . 1,248 36527 235 $ 0.28 5 1.5 5 1.69 0.0 Basic net income per share from continuing operational Hasie net income per share from discontinued operations BASIC NET INCOME PER SHARE Diluted met income per share from continuing operations Diluted net income per share from discontinued operations 0.29 1.60 $ 5 1.50 149 9 0.27 5 LOT 0.02 01 11 Pasodt 7 Corporate AMLO a a A F UYGULLUAR Less Net Income attributable to no controlling interests NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 35 1,248 15 5 7351 $ $ 6.527 $ 0.28 1.51 1.69 0.02 0.29 $ : 1.51 1.49 169 1,62 0.27 3 $ 0.02 $ 0.29 5 5 5 4.27 1.49 4:317 50 4.307 1.67 4.35 su 4.324 Rasie net income per share from comtiming operations! Basic net income per share from discontinued operations HASIC NET INCOME PER SHARE Dilated net income per share from continuing operations Diluted net locome per share from discontinued operations DILUTED NET INCOME PER SHARE AVERAGE SHARES OUTSTANDING - BASIC Effect of dilutive securities AVERAGE SHARES OUTSTANDING -DILUTED Calculated based on net come from continuing operations net income from coming operations attributable to controlling interests Cadelasted bed on net income from discontinued operational net income from disced operations attributable to no controlling interests. Perchando ad due to dig Refer to Notes te Consolidated Financial Statements. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Year Ended December 31. In millions) CONSOLIDATED NET INCOME Other comprehensive income: Net foreign currency translation adjustment Netrala Closs) on derivatives Net unrealized gain (s) available for sale securities Net change is pension and other benefit abilities TOTAL, COMPREHENSIVE INCOME CLOSS) La Comprehensive income (os) attributable to noncontrolling interests TOTAL. COMPREHENSIVE INCOME (LOS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 2017 2010 2015 $ 1. $7.900 (626) (382) 19 861 (433) TH 322 2.23 73 8 3.148 (3.959) 142 (684) RG 2.951 (3) S 2954 1.506 so 3596 01 - Part 6 Caparatsu Aledi 3 a a AI 2017 2016 $8.555 9.595 1.8.150 4.051 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS December 31, (In millions except par value) ASSETS CURRENT ASSETS Cash and cash equivalents Short-term investits TOTAL.CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Marketable securities Trade accounts receivable, less allowances of $477 and 8466, respectively Inventories Prepaid expertise and others Assets held for sale Asets held for sale discontinued operations TOTAL CURRENT ASSETS FOUTTY METHOD INVESTMENTS OTHER INVESTMENTS OTHUR ASSETS PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES HOTTLERS FRANCHISE RIGHTS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and cred expertise Loans and notes payable Current maturities of long-term ebt 2,675 2,481 2.797 8 6,006 9.35 15.358 5.31% 3,667 2,655 2.000 219 7.329 36,545 20,856 1,096 4.560 8,203 6,729 198 9.401 368 $ 87,90 34.010 16.260 969 4,048 10,635 11,097 3.676 10.609 726 $ 7,270 $8.948 13.205 3.298 $9.490 12.498 2.527 CR Alat Copa AM wyplus vitasource.comheder/bok/9781119503682/pubc670d.vstidre 30003-body-0001/214003-sec-00021/28/2/48/2/2 a . 4- a . $ 9.490 18,498 3.57 8 8,748 13,205 3.98 410 37 1.496 302 710 27,194 31,182 8,021 29,684 4,08 3.759 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loan and notes payable Current maturities of long-term debt Accrued income taxe Labilities held for sale Lisbilities beld for sale - discontinued operations TOTAL CURRENT LIABILITIES LONG-TERM DET OTHER LIABILITIES DEFERRED INCOME TAXES THE COCA-COLA COMPANY SHAREOWNERS' EQUITY Common stock, 30.5 par valoe Authorized - 11,200 shares Tesned-7040 and 7.040 shares, respectively Capital surplus Reinvested aming Necumulated other comprehensive income (los) Tretry stock, al cost-2.781 and 2.752 shares, respectively EQUITY ATTRIBUTAREE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS TOTAL EQUITY TOTAL LIABILITIES AND QUITY Refer to Notes to Contato Pancial States THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 1.760 15.864 60.430 (10,305) (50,677) 17,07 1,905 18.977 $ 87,896 1.760 14.993 65.502 (11,205) (47.988) 23.062 16 23.020 $ 8.0 2017 2016 BOIS OPERATING ACTIVITIES Cunsolidated net income $ 1,283 $ 6.590 $ 7300 Corporate Willisovice.com/book07110503662/pub/vnd.vatid 432003-body-0001124103 100-0002/18OMPX2CANYE . 2017 2016 2015 $ 6.550 $9.366 7306 1,970 236 73 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 31 (in millions) OPERATING ACTIVITIES Consolidated net income (income) loss from discontinued operations Net income from continuing operations Depreciation and amortization Stock-based compensation expense Deurned income taxes Equity (income) loss - net of dividends Foreign currency adjustments Significant ains) losses on sales of sets-et Other operating charges Other item Net change in operating assets and liabilities Net cash provided by operating activities INVESTING ACTIVITIES Purchases of investments Proceeds from disposals of investments Aequisitions of businesses, equity method investments and nonnarketable securities Proceeds from disposals of businesses, equity method investments and no marketable 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 ACTIVITTES Iances of debt Payments of debt Ise of stock 1,283 (101) 1,18 1,260 219 (1.456) (628) 281 1,459 1,218 (269) 3,529 6.995 6.550 1.787 258 (856) (499) 158 11:46 647 (224) (221) 8.796 (137) (370) 929 744 (157) 10.528 (16.520) 15.911 (3.900) 3,81 (1.675) 104 (126) (a.28) (15-499) 16,694 (838) 1,035 (236) 150 (209) (999) (45.83 14.079 (2.491) 565 (2.5531 85 640) (616) 29,857 (28.768) 1.5 27,081 (25.615) LI 40,434 (37.738) 1.145 TOAM AA ar 1997 40.434 29.857 (28,768) 1.595 (3,682) (6.320) (91) 6.409) 27,281 (25,615) 1.434 (3,681) (6,043) 79 (6545) (37738) 1.245 (8.564) 65.741) 251 (5.213) 111 (65) (38) 8 242 (6) SUUR FINANCING ACTIVITIES Lances of debt Payments of debt Issuance of stock Purchase of stock for treasury Dividends Other financing activities Net cash provided by (used in) financing activities CASH FLOWS FROM DISCONTINUED OPERATIONS Net cash provided by used in operating activities from discontinued operations Net cash provided by (osed in) investing activities from discontinued operations Set cash provided by used in) mancing activities from discontinued operations Net cash provided by (used in) discontinued operations EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS Net increase (decrease) during the year Balance at beginning of year Balance at end of year Refer to Notes to Consolidated Fancial Statement THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREOWNERS' EQUITY Year Ended December 31 In millions except persare data) EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY NUMBER OF COMMON SHARES OUTSTANDING Haltest beginning of year Trey stocked to employees related to stock compensation plans hurchases of stock fortry Ilalance of your COMMON STOCK 1246 (2,549) 8,585 6,006 7.900 $385 (1.649) 8.958 $ 7,309 thony 2016 2015 4.28 (8) 4.259 1.760 4.24 50 (6) 4. $1.560 44 (66) +324 $ 1.700 03 7 Outpat Apat a An 1.760 $ 1,760 $ 1,700 14,993 655 14.016 589 190 13.154 593 04 236 219 (30) 15,864 14.993 14,016 65.503 1,248 (6,320) 60,430 65,018 6,527 (6,043) 15.500 63.408 7.35 5.741) 65,018 COMMON STOCK CAPITAL SURPLUS Balance at beginning of year Stock issued to employees related to stock compensation plans Tex benefit (change) from stock compensation plans Stock-based competisation expense Other activities Malince at end of year REINVESTED EARNINGS Balance at beginning of year Net Income attributable to shareowners of The Coca-Cola Company Dividends (per share - $1.48. $1.40 and $132 in 2017, 2016 and 2015, respectively) Balance at end of year ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Balance at beginning of your Net other comprehensive income oso) Balance end of year TREASURY STOCK Balance beginning of year Treasury stock issued to employees related to stock compensation plan Purchases of stock for treasury Balance at end of year TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Balance at beginning of year Net Income attributable to controlling interests Net foreign currency translation adjustment Dividends paid to controlling interest Contributions by noncontrolling interests Bosincas combinations Debidation in this (11,205) 900 (10,170 (1.031) (11,205) 3.771) (4.397) (10) (10.305) (45,666) 811 (47.988) 909 (3.598) (50,677) 8 17.07 (42,235) 696 (3.83 (45,066) 5.154 (47.988) 8 158 $ 210 $ 241 23 35 38 15 (18) 1 E19 Los Paris Compte AML 21 M A 130 94 219 (3) 15,864 14.993 14,016 65.018 65.503 1,248 (6,320) 60.430 (6,043) 65.502 63.408 7.351 (5.741) 65.018 (11,205) 900 (10.305) (10,174) (1.031) (11,205) 5.777) (4.397 (10,174) Tax benefit (change) from stock compensation plans Stock-based conversation expense Other activities Malance at end of year EINVESTED EARNINGS Balance at beginning of year Net Income attributable to shareowners of The Coca-Cola Company Dividenda (per share - $1.45, $1.40 and $1,32 in 2017, 2016 and 2015. respectively) Balance at end of year ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Halance at beginning of year Net other comprehensive income (los) Balance at end of year TREASURY STOCK Balance at beginning of year Treasury stock issued to employees related to stock compensation plans Purchases of stock for treasury Balance at end of year TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Balance at beginning of your Not income attributable to no controlling interests Net foreign currency translation adjustment Dividenda paid to mocontrolling interest Contribution by controlling interests Business combinations Deconsolidation of an entitie Other activitie TOTAL EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Refer to Notes to Consolidated Financial Statements (47.988) 909 (3,598) (50,677) $ 17,072 (45.066) BE (3.733) (47.988) $ 23.062 (42,228) 696 (8.537) (45,066) $ 25-554 5 $ 210 158 35 38 (15) 241 15 (18) (31) (13) tas) 1 (3) 1,805 (157) 41 0 (4) 158 1.905 $ $ 210 04 Pard 7 Corporate AM 01 The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies complete annual reports, including the notes to the financial statements are available online. Click here to view Appendix C Click here to view Appendix D Use the companies' financial information to answer the following questions. (a) What are the amounts of Coca-Cola's and PepsiCo's provision for income taxes for the year 2017? Of each company's 2017 provision for income taxes, what portion is current expense and what portion is deferred expense? (Enter amounts in millions Negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.s. (45).) Coca-Cola Company PepsiCo, Inc. Current portion Deferred portion Total expense $ $ Q Coca-Cola Company is the world's largest beverage company. It owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages, but also a variety of still trages such as waters, enhanced waters, jules and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Finished beverage products bearing Coca-Cola trademarks sold in the ted States since 1886, are now available in more than 200 countries. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME ar Ended December 31 2017 2016 2015 millions except per share data) ET OPERATING REVENUES $ 35.410 $ 41,863 $ 44.294 ost of goods sold 13,256 16,465 17.482 FROSS PROFIT 22,154 25.398 26,81 elling, general and administrative expenses 12,496 15.262 16,427 Other operating charges 2.157 1.510 1.657 OPERATING INCOME 7.501 8,626 8,728 interest income 67 613 Interest expense R4 733 856 Equity income (los)-net 1,071 835 469 Other income (loss)-net (1,666) (121) 63 INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 6,742 8.490 9,603 Income taxes from continuing operations 5.560 1986 2.2:39 NET INCOME FROM CONTINUING OPERATIONS 1,182 6.550 7.366 Income from discontinued operations (not of income taxes of $47. $0 and 80, respectively) 101 CONSOLIDATED NET INCOME 1,083 6,550 7.366 Less: Net income attributable to noncontrolling interest 3.5 15 NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY . 1,248 36527 235 $ 0.28 5 1.5 5 1.69 0.0 Basic net income per share from continuing operational Hasie net income per share from discontinued operations BASIC NET INCOME PER SHARE Diluted met income per share from continuing operations Diluted net income per share from discontinued operations 0.29 1.60 $ 5 1.50 149 9 0.27 5 LOT 0.02 01 11 Pasodt 7 Corporate AMLO a a A F UYGULLUAR Less Net Income attributable to no controlling interests NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 35 1,248 15 5 7351 $ $ 6.527 $ 0.28 1.51 1.69 0.02 0.29 $ : 1.51 1.49 169 1,62 0.27 3 $ 0.02 $ 0.29 5 5 5 4.27 1.49 4:317 50 4.307 1.67 4.35 su 4.324 Rasie net income per share from comtiming operations! Basic net income per share from discontinued operations HASIC NET INCOME PER SHARE Dilated net income per share from continuing operations Diluted net locome per share from discontinued operations DILUTED NET INCOME PER SHARE AVERAGE SHARES OUTSTANDING - BASIC Effect of dilutive securities AVERAGE SHARES OUTSTANDING -DILUTED Calculated based on net come from continuing operations net income from coming operations attributable to controlling interests Cadelasted bed on net income from discontinued operational net income from disced operations attributable to no controlling interests. Perchando ad due to dig Refer to Notes te Consolidated Financial Statements. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Year Ended December 31. In millions) CONSOLIDATED NET INCOME Other comprehensive income: Net foreign currency translation adjustment Netrala Closs) on derivatives Net unrealized gain (s) available for sale securities Net change is pension and other benefit abilities TOTAL, COMPREHENSIVE INCOME CLOSS) La Comprehensive income (os) attributable to noncontrolling interests TOTAL. COMPREHENSIVE INCOME (LOS) ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 2017 2010 2015 $ 1. $7.900 (626) (382) 19 861 (433) TH 322 2.23 73 8 3.148 (3.959) 142 (684) RG 2.951 (3) S 2954 1.506 so 3596 01 - Part 6 Caparatsu Aledi 3 a a AI 2017 2016 $8.555 9.595 1.8.150 4.051 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS December 31, (In millions except par value) ASSETS CURRENT ASSETS Cash and cash equivalents Short-term investits TOTAL.CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Marketable securities Trade accounts receivable, less allowances of $477 and 8466, respectively Inventories Prepaid expertise and others Assets held for sale Asets held for sale discontinued operations TOTAL CURRENT ASSETS FOUTTY METHOD INVESTMENTS OTHER INVESTMENTS OTHUR ASSETS PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES HOTTLERS FRANCHISE RIGHTS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and cred expertise Loans and notes payable Current maturities of long-term ebt 2,675 2,481 2.797 8 6,006 9.35 15.358 5.31% 3,667 2,655 2.000 219 7.329 36,545 20,856 1,096 4.560 8,203 6,729 198 9.401 368 $ 87,90 34.010 16.260 969 4,048 10,635 11,097 3.676 10.609 726 $ 7,270 $8.948 13.205 3.298 $9.490 12.498 2.527 CR Alat Copa AM wyplus vitasource.comheder/bok/9781119503682/pubc670d.vstidre 30003-body-0001/214003-sec-00021/28/2/48/2/2 a . 4- a . $ 9.490 18,498 3.57 8 8,748 13,205 3.98 410 37 1.496 302 710 27,194 31,182 8,021 29,684 4,08 3.759 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loan and notes payable Current maturities of long-term debt Accrued income taxe Labilities held for sale Lisbilities beld for sale - discontinued operations TOTAL CURRENT LIABILITIES LONG-TERM DET OTHER LIABILITIES DEFERRED INCOME TAXES THE COCA-COLA COMPANY SHAREOWNERS' EQUITY Common stock, 30.5 par valoe Authorized - 11,200 shares Tesned-7040 and 7.040 shares, respectively Capital surplus Reinvested aming Necumulated other comprehensive income (los) Tretry stock, al cost-2.781 and 2.752 shares, respectively EQUITY ATTRIBUTAREE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS TOTAL EQUITY TOTAL LIABILITIES AND QUITY Refer to Notes to Contato Pancial States THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 1.760 15.864 60.430 (10,305) (50,677) 17,07 1,905 18.977 $ 87,896 1.760 14.993 65.502 (11,205) (47.988) 23.062 16 23.020 $ 8.0 2017 2016 BOIS OPERATING ACTIVITIES Cunsolidated net income $ 1,283 $ 6.590 $ 7300 Corporate Willisovice.com/book07110503662/pub/vnd.vatid 432003-body-0001124103 100-0002/18OMPX2CANYE . 2017 2016 2015 $ 6.550 $9.366 7306 1,970 236 73 THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS Year Ended December 31 (in millions) OPERATING ACTIVITIES Consolidated net income (income) loss from discontinued operations Net income from continuing operations Depreciation and amortization Stock-based compensation expense Deurned income taxes Equity (income) loss - net of dividends Foreign currency adjustments Significant ains) losses on sales of sets-et Other operating charges Other item Net change in operating assets and liabilities Net cash provided by operating activities INVESTING ACTIVITIES Purchases of investments Proceeds from disposals of investments Aequisitions of businesses, equity method investments and nonnarketable securities Proceeds from disposals of businesses, equity method investments and no marketable 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 ACTIVITTES Iances of debt Payments of debt Ise of stock 1,283 (101) 1,18 1,260 219 (1.456) (628) 281 1,459 1,218 (269) 3,529 6.995 6.550 1.787 258 (856) (499) 158 11:46 647 (224) (221) 8.796 (137) (370) 929 744 (157) 10.528 (16.520) 15.911 (3.900) 3,81 (1.675) 104 (126) (a.28) (15-499) 16,694 (838) 1,035 (236) 150 (209) (999) (45.83 14.079 (2.491) 565 (2.5531 85 640) (616) 29,857 (28.768) 1.5 27,081 (25.615) LI 40,434 (37.738) 1.145 TOAM AA ar 1997 40.434 29.857 (28,768) 1.595 (3,682) (6.320) (91) 6.409) 27,281 (25,615) 1.434 (3,681) (6,043) 79 (6545) (37738) 1.245 (8.564) 65.741) 251 (5.213) 111 (65) (38) 8 242 (6) SUUR FINANCING ACTIVITIES Lances of debt Payments of debt Issuance of stock Purchase of stock for treasury Dividends Other financing activities Net cash provided by (used in) financing activities CASH FLOWS FROM DISCONTINUED OPERATIONS Net cash provided by used in operating activities from discontinued operations Net cash provided by (osed in) investing activities from discontinued operations Set cash provided by used in) mancing activities from discontinued operations Net cash provided by (used in) discontinued operations EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS Net increase (decrease) during the year Balance at beginning of year Balance at end of year Refer to Notes to Consolidated Fancial Statement THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREOWNERS' EQUITY Year Ended December 31 In millions except persare data) EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY NUMBER OF COMMON SHARES OUTSTANDING Haltest beginning of year Trey stocked to employees related to stock compensation plans hurchases of stock fortry Ilalance of your COMMON STOCK 1246 (2,549) 8,585 6,006 7.900 $385 (1.649) 8.958 $ 7,309 thony 2016 2015 4.28 (8) 4.259 1.760 4.24 50 (6) 4. $1.560 44 (66) +324 $ 1.700 03 7 Outpat Apat a An 1.760 $ 1,760 $ 1,700 14,993 655 14.016 589 190 13.154 593 04 236 219 (30) 15,864 14.993 14,016 65.503 1,248 (6,320) 60,430 65,018 6,527 (6,043) 15.500 63.408 7.35 5.741) 65,018 COMMON STOCK CAPITAL SURPLUS Balance at beginning of year Stock issued to employees related to stock compensation plans Tex benefit (change) from stock compensation plans Stock-based competisation expense Other activities Malince at end of year REINVESTED EARNINGS Balance at beginning of year Net Income attributable to shareowners of The Coca-Cola Company Dividends (per share - $1.48. $1.40 and $132 in 2017, 2016 and 2015, respectively) Balance at end of year ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Balance at beginning of your Net other comprehensive income oso) Balance end of year TREASURY STOCK Balance beginning of year Treasury stock issued to employees related to stock compensation plan Purchases of stock for treasury Balance at end of year TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Balance at beginning of year Net Income attributable to controlling interests Net foreign currency translation adjustment Dividends paid to controlling interest Contributions by noncontrolling interests Bosincas combinations Debidation in this (11,205) 900 (10,170 (1.031) (11,205) 3.771) (4.397) (10) (10.305) (45,666) 811 (47.988) 909 (3.598) (50,677) 8 17.07 (42,235) 696 (3.83 (45,066) 5.154 (47.988) 8 158 $ 210 $ 241 23 35 38 15 (18) 1 E19 Los Paris Compte AML 21 M A 130 94 219 (3) 15,864 14.993 14,016 65.018 65.503 1,248 (6,320) 60.430 (6,043) 65.502 63.408 7.351 (5.741) 65.018 (11,205) 900 (10.305) (10,174) (1.031) (11,205) 5.777) (4.397 (10,174) Tax benefit (change) from stock compensation plans Stock-based conversation expense Other activities Malance at end of year EINVESTED EARNINGS Balance at beginning of year Net Income attributable to shareowners of The Coca-Cola Company Dividenda (per share - $1.45, $1.40 and $1,32 in 2017, 2016 and 2015. respectively) Balance at end of year ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Halance at beginning of year Net other comprehensive income (los) Balance at end of year TREASURY STOCK Balance at beginning of year Treasury stock issued to employees related to stock compensation plans Purchases of stock for treasury Balance at end of year TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Balance at beginning of your Not income attributable to no controlling interests Net foreign currency translation adjustment Dividenda paid to mocontrolling interest Contribution by controlling interests Business combinations Deconsolidation of an entitie Other activitie TOTAL EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS Refer to Notes to Consolidated Financial Statements (47.988) 909 (3,598) (50,677) $ 17,072 (45.066) BE (3.733) (47.988) $ 23.062 (42,228) 696 (8.537) (45,066) $ 25-554 5 $ 210 158 35 38 (15) 241 15 (18) (31) (13) tas) 1 (3) 1,805 (157) 41 0 (4) 158 1.905 $ $ 210 04 Pard 7 Corporate AM 01