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The Following is the Condensed Consolidated Balance Sheet of Coca Cola company: CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions Apr. 01, 2022

The Following is the Condensed Consolidated Balance Sheet of Coca Cola company:

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Apr. 01, 2022

Dec. 31, 2021

CURRENT ASSETS

Cash and cash equivalents$ 7,681$ 9,684
Short-term investments7361,242
Total Cash, Cash Equivalents and Short-Term Investments8,41710,926
Marketable securities1,9391,699
Trade accounts receivable, less allowances of $512 and $516, respectively4,6413,512
Inventories3,7413,414
Prepaid expenses and other current assets3,4182,994
Total Current Assets22,15622,545
Equity method investments18,19817,598
Other investments788818
Other noncurrent assets6,3926,731
Deferred income tax assets2,0062,129
Property, plant and equipment, less accumulated depreciation of $9,104 and $8,942, respectively9,7849,920
Trademarks with indefinite lives14,38814,465
Goodwill19,59819,363
Other intangible assets754785
Total Assets94,06494,354
CURRENT LIABILITIES

Accounts payable and accrued expenses13,27214,619
Loans and notes payable3,6103,307
Current maturities of long-term debt1,0391,338
Accrued income taxes866686
Total Current Liabilities18,78719,950
Long-term debt37,05238,116
Other noncurrent liabilities8,2528,607
Deferred income tax liabilities3,1322,821
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY

Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares1,7601,760
Capital surplus18,38818,116
Reinvested earnings69,96969,094
Accumulated other comprehensive income (loss)(13,340)(14,330)
Treasury stock, at cost — 2,709 and 2,715 shares, respectively(51,932)(51,641)
Equity Attributable to Shareowners of The Coca-Cola Company24,84522,999
Equity attributable to noncontrolling interests1,9961,861
Total Equity26,84124,860
Total Liabilities and Equity$ 94,064$ 94,354

Required

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Calculate the price/earnings ratio for 2022.

Calculate the dividend payout and dividend yield ratio.

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