The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from the 2014 consolidated financial statements for The Coca-Cola Company and for PepsiCo, Inc. are presented here (in millions).

Coca-ColaPepsiCo

Total current assets$17,551$12,571

Total current liabilities13,721

8,756

Net sales30,990

43,232

Cost of goods sold11,088

20,099

Net income6,824

5,946

Average (net) accounts receivable for the year3,424

4,654

Average inventories for the year2,271

2,570

Average total assets44,595

37,921

Average common stockholders? equity22,636

14,556

Average current liabilities13,355

8,772

Average total liabilities21,960

23,466

Total assets48,671

39,848

Total liabilities23,872

23,044

Income taxes2,040

2,100

Interest expense355

397

Net cash provided by operating activities8,186

6,796

Capital expenditures1,993

2,128

Cash dividends3,800

2,732

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