Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What does cash outflow of deferred income taxes mean? THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Year Ended December 31,

image text in transcribedWhat does cash outflow of deferred income taxes mean?

THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Year Ended December 31, 2019 2018 2017 $ 8,985 $ 1,365 6,476 $ 1,086 225 1,283 1,260 219 201 Operating Activities Consolidated net income Depreciation and amortization Stock-based compensation expense Deferred income taxes Equity (income) loss - net of dividends Foreign currency adjustments Significant (gains) losses net Other operating charges Other items Net change in operating assets and liabilities Net Cash Provided by Operating Activities (280) (421) 91 (413) (457) (50) 743 558 (467) 127 504 (1,252) (628) 292 1,459 1,218 (252) 3,442 7,041 366 699 (1,240) 7,627 10,471

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Strawser

2nd Edition

0073128244, 9780073128245

More Books

Students also viewed these Accounting questions