Using cash flow information-The Coca-Cola Company. Following are comparative statements of cash flows, as reported by The Coca-Cola Company in its 2011 annual report:

Required:
a. Briefly review the consolidated statements of cash flows, and then provide an overall evaluation of the "big picture" during the three years presented for Coca-Cola. Have operating cash flows been sufficient to meet investing needs and to pay dividends?
b. Were there significant changes to any of the specific line-item details that you think would require further explanation oranalysis?

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THE COCA-COLA COMPANY AND SUBSIDIARIES Consolidated Statements of Cash Flows Year Ended December 31 (in millions) 2011 2010 2009 Operating Activities (details omitted) 9474 9532 Net cash provided by operating activities···· .. Investing Activities Purchases of short-term investments ...(4,057) 4,579) (2,130) Proceeds from disposals of short-term investments . .....5,647 Acquisitions and investments Purchases of other investments .. . . Proceeds from disposals of bottling companies 186 4,032 . ..977) 2,511) (132) _. . .. ...(787) and other investments. 972 240 104 Proceeds from disposals of property, plant, and equipment101 Other investing activities. 134 Net cash provided by (used in) investing activities ..2,524 4405 4.149 Financing Activities Issuances of debt.... 27,495 15,251 14,689 1,666 Other financing activities. . Net cash provided by (used in) financing activities(2.234(3,465 Effect of Exchange Rate Changes on 5 Cash and Cash Equivalents.. Cash and Cash Equivalents 1,496 7,021 Net increase (decrease) during the year . 4,286 2,320 4,701 Balance at end of