Answered step by step
Verified Expert Solution
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,
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, 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 10,471Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started