Please tell me if I'm going in the right direction, i.e. using the right information. And what conclusions should I be drawing from this info? I feel a little vague on how exactly to analyze this. I need to analyze: 1. Leases 2. Pensions 3. Taxes for the Coca-Cola Company, using the notes and disclosures to the financial statements (ending 2012). I have attached the info I've found so far. The only other explanation was to "review the Auditor's Report for your company. State the opinion that the company received for financial reporting and for internal control." Coca-Cola received an unqualifed opinion for financial reporting and internal control. (I'm not sure how much more I can analyze that?) Is there usually ratios I should be using to analyze this? Or do I just re-state what is given in the Notes? Am I even looking at the right section of the Notes? Here is a link to the 10-K for 2012: http://www.coca-colacompany.com/annual-review/2012/pdf/form_10K_2012.pdf I am attaching the parts of the notes that seem to pertain to leases, pensions and taxes. Please tell me if I'm looking at the wrong thing, after seeing the 10-K.