COCA COLA CO

KO 10-K · FY 2025

KO FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 47,941 47,061 +1.9%
Show Product Lines breakouts
Concentrate operations 28,462 27,725 +2.7%
Concentrate operations · Non Us 19,506 18,912 +3.1%
Concentrate operations · US 8,956 8,813 +1.6%
Finished product operations 19,479 19,336 +0.7%
Finished product operations · Non Us 9,308 9,787 -4.9%
Finished product operations · US 10,171 9,549 +6.5%
Show Business Segments breakouts
Asia Pacific · Operating Segments 5,638 5,594 +0.8%
Bottling Investments · Operating Segments 5,735 6,223 -7.8%
EMEA · Operating Segments 11,513 10,958 +5.1%
Latin America · Operating Segments 6,334 6,471 -2.1%
North America · Operating Segments 19,586 18,869 +3.8%
Show Geography breakouts
Non Us 28,814 28,699 +0.4%
US 19,127 18,362 +4.2%
Show Consolidation Items breakouts
Consolidation Eliminations -1,009 -1,164 +13.3%
Corporate Non Segment 144 110 +30.9%
Material Reconciling Items 48,806 48,115 +1.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 102,800 99,043 +3.8%
Cost of Revenue 18,397 18,324 +0.4%
Show Business Segments breakouts
Asia Pacific · Operating Segments 1,788 1,689 +5.9%
Bottling Investments · Operating Segments 3,948 4,251 -7.1%
EMEA · Operating Segments 3,294 3,083 +6.8%
Latin America · Operating Segments 1,109 1,099 +0.9%
North America · Operating Segments 9,438 9,595 -1.6%
Show Consolidation Items breakouts
Consolidation Eliminations -1,009 -1,164 +13.3%
Corporate Non Segment -171 -229 +25.3%
Material Reconciling Items 19,577 19,717 -0.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 60,622 58,527 +3.6%
Gross Profit 29,544 28,737 +2.8%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 42,178 40,516 +4.1%
Selling, General & Administrative 14,521 14,582 -0.4%
Show Business Segments breakouts
Asia Pacific · Operating Segments 1,767 1,749 +1.0%
Bottling Investments · Operating Segments 1,361 1,476 -7.8%
EMEA · Operating Segments 3,921 3,620 +8.3%
Latin America · Operating Segments 1,439 1,454 -1.0%
North America · Operating Segments 4,118 3,958 +4.0%
Show Consolidation Items breakouts
Corporate Non Segment 1,915 2,325 -17.6%
Material Reconciling Items 12,606 12,257 +2.8%
Other Selling General And Administrative Expense 1,261 4,163 -69.7%
Show Business Segments breakouts
Asia Pacific · Operating Segments 41
Latin America · Operating Segments 44 126 -65.1%
North America · Operating Segments 960 760 +26.3%
Show Legal Entity breakouts
Divested Entities 12 9 +33.3%
Show Consolidation Items breakouts
Corporate Non Segment 216 3,277 -93.4%
Material Reconciling Items 1,045 886 +17.9%
Show Loss Contingencies By Nature Of Contingency breakouts
Indemnification Guarantee 35 13 +169.2%
Operating Income 13,762 9,992 +37.7%
Show Business Segments breakouts
Asia Pacific · Operating Segments 2,042 2,156 -5.3%
Bottling Investments · Operating Segments 426 496 -14.1%
EMEA · Operating Segments 4,298 4,255 +1.0%
Latin America · Operating Segments 3,742 3,792 -1.3%
North America · Operating Segments 5,070 4,556 +11.3%
Show Consolidation Items breakouts
Corporate Non Segment -1,816 -5,263 +65.5%
Material Reconciling Items 15,578 15,255 +2.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 13,426 12,536 +7.1%
Interest Income 786 988 -20.4%
Interest Expense 1,654 1,656 -0.1%
Income Loss From Equity Method Investments 2,031 1,770 +14.7%
Other Non-Operating Income (Expense) 1,073 1,992 -46.1%
Income Before Taxes 15,998 13,086 +22.3%
Income Tax Expense (Benefit) 2,861 2,437 +17.4%
Net Income 13,137 10,649 +23.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 9,355 8,439 +10.9%
Net Income Loss Attributable To Noncontrolling Interest 30 18 +66.7%
Show Equity Components breakouts
Noncontrolling Interest 30 18 +66.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 153 98 +56.1%
Net Income 13,107 10,631 +23.3%
Show Equity Components breakouts
Retained Earnings 13,107 10,631 +23.3%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 9,202 8,341 +10.3%
EPS (Basic) 3.05 2.47 +23.5%
EPS (Diluted) 3.04 2.46 +23.6%
Wtd Avg Shares (Basic) 4,303 4,309 -0.1%
Weighted Average Number Diluted Shares Outstanding Adjustment 10 11 -9.1%
Wtd Avg Shares (Diluted) 4,313 4,320 -0.2%
Comprehensive Income 15,819 8,063 +96.2%
Other Comprehensive Income 2,712 -2,568 +205.6%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 2,712 -2,568 +205.6%
Interest Expense 1,654 1,656 -0.1%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -499 307 -262.5%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 10,270 10,828 -5.2%
Other Short Term Investments 3,602 2,020 +78.3%
Cash Cash Equivalents And Short Term Investments 13,872 12,848 +8.0%
Marketable Securities 1,934 1,723 +12.2%
Accounts Receivable 3,038 3,569 -14.9%
Inventory 4,425 4,728 -6.4%
Prepaid Expenses & Other Current Assets 2,433 2,998 -18.8%
Assets Of Disposal Group Including Discontinued Operation 5,342 131 +3977.9%
Total Current Assets 31,044 25,997 +19.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 35,272 33,720 +4.6%
Non-Current Assets
Deferred Tax Assets 1,206 1,319 -8.6%
Property, Plant & Equipment 9,613 10,303 -6.7%
Show Geography breakouts
Non Us 4,788 5,939 -19.4%
US 4,825 4,364 +10.6%
Goodwill 15,491 18,139 -14.6%
Show Business Segments breakouts
Asia Pacific 409 407 +0.5%
Bottling Investments 34 2,999 -98.9%
EMEA 3,843 3,540 +8.6%
Latin America 227 215 +5.6%
North America 10,978 10,978 0.0%
Other Non-Current Assets 14,696 13,403 +9.6%
Total Assets 104,816 100,549 +4.2%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 115,098 105,759 +8.8%
Operating Lease Right-of-Use Assets 1,697 1,182 +43.6%
Other Assets
Equity Method Investments 20,235 18,087 +11.9%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Coca-Cola Bottlers Japan Holdings Inc. 459
Coca-Cola Europacific Partners plc 3,926
Coca-Cola FEMSA, S.A.B. de C.V. 2,236
Coca-Cola HBC AG 1,391
Coca-Cola İçecek A.Ş. 288
Embotelladora Andina S.A. 106
Monster Beverage Corporation 5,593
Show Transaction Type breakouts
Exchange Traded 13,999
Indefinite Lived Trademarks 12,531 13,301 -5.8%
Show Legal Entity breakouts
BodyArmor 2,440
Show Indefinite Lived Intangible Assets By Major Class breakouts
Trademark in Latin America 42
Current Liabilities
Accounts Payable And Accrued Liabilities Current 14,813 21,712 -31.8%
Notes And Loans Payable 1,551 1,499 +3.5%
Long Term Debt And Capital Lease Obligations Current 1,822 648 +181.2%
Accrued Income Taxes Current 525 1,387 -62.1%
Liabilities Of Disposal Group Including Discontinued Operation 2,570 3 +85566.7%
Total Current Liabilities 21,281 25,249 -15.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 29,933 26,959 +11.0%
Commercial Paper 1,495 1,139 +31.3%
Non-Current Liabilities
Other Non-Current Liabilities 4,735 4,084 +15.9%
Deferred Tax Liabilities 2,406 2,469 -2.6%
Long-Term Debt (Q)
Show Long-Term Debt Type breakouts
Euro notes due 2026-2053 15,470 13,619 +13.6%
Swiss franc notes due 2028 726 635 +14.3%
U.S. dollar debentures due 2026-2098 767 778 -1.4%
U.S. dollar notes due 2027-2093 26,945 26,931 +0.1%
Operating Lease Liabilities 1,401 923 +51.8%
Total Liabilities (Q)
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 64,339 59,963 +7.3%
Other Liabilities
Long Term Debt And Capital Lease Obligations 42,119 42,375 -0.6%
Show Long-Term Debt Type breakouts
Other, due through 2098 651 1,845 -64.7%
Minority Interest 2,106 1,516 +38.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 1,792 1,501 +19.4%
Stockholders' Equity
Common Stock 1,760 1,760 0.0%
Additional Paid In Capital Common Stock 20,581 19,801 +3.9%
Retained Earnings 80,382 76,054 +5.7%
Accumulated Other Comprehensive Income -14,131 -16,843 +16.1%
Show Equity Components breakouts
Parent -14,131 -16,843 +16.1%
Treasury Stock Value -56,423 -55,916 -0.9%
Total Stockholders' Equity 32,169 24,856 +29.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -14,131 -16,843 +16.1%
Additional Paid In Capital 20,581 19,801 +3.9%
Common Stock 1,760 1,760 0.0%
Parent 32,169 24,856 +29.4%
Retained Earnings 80,382 76,054 +5.7%
Treasury Stock Common -56,423 -55,916 -0.9%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 48,967 44,295 +10.5%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 34,275 26,372 +30.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Equity Method Investment Nonconsolidated Investee Other 50,759 45,796 +10.8%
Total Liabilities & Equity 104,816 100,549 +4.2%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 1,050 1,075 -2.3%
Show Business Segments breakouts
Asia Pacific · Operating Segments 47 45 +4.4%
Bottling Investments · Operating Segments 313 319 -1.9%
EMEA · Operating Segments 173 181 -4.4%
Latin America · Operating Segments 32 29 +10.3%
North America · Operating Segments 326 325 +0.3%
Show Consolidation Items breakouts
Corporate Non Segment 159 176 -9.7%
Material Reconciling Items 891 899 -0.9%
Stock-Based Compensation 279 286 -2.4%
Deferred Income Taxes 517 -11 +4800.0%
Income Loss From Equity Method Investments Net Of Dividends Or Distributions -1,038 -802 -29.4%
Foreign Currency Transaction Gain Loss Before Tax 191 -110 +273.6%
Gain Loss On Sale Of Other Assets -713 -1,737 +59.0%
Other Operating Activities Cash Flow Statement 1,052 4,000 -73.7%
Other Non-Cash Items 141 -311 +145.3%
Increase Decrease In Operating Capital -7,208 -6,234 -15.6%
Net Cash from Operations 7,408 6,805 +8.9%
Change in Accounts Receivable 334 -295 +213.2%
Change in Inventory -154 -520 +70.4%
Change in Prepaid & Other Assets -388 -5,667 +93.2%
Change in Other Liabilities 170 -63 +369.8%
Investing Activities
Purchasesof Investments -6,160 -5,640 -9.2%
Proceeds From Disposals Of Investments 4,665 6,589 -29.2%
Acquisitions Of Businesses Equity Method Investments And Nonmarketable Securities -461 -315 -46.3%
Show Legal Entity breakouts
Equity method investee in Japan -120
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
PAM Investments -306 -226 -35.4%
Proceeds From Disposals Of Businesses Equity Method Investments And Nonmarketable Securities 3,567 3,485 +2.4%
Capital Expenditures -2,112 -2,064 -2.3%
Proceeds From Sale Of Property Plant And Equipment 13 40 -67.5%
Collateral Paid Received Associated With Hedging Activities Net 330 235 +40.4%
Other Investing Activities 91 194 -53.1%
Net Cash from Investing -67 2,524 -102.7%
Financing Activities
Proceeds From Issuance Of Debt 4,980 12,061 -58.7%
Repayments Of Debt And Capital Lease Obligations -4,967 -9,533 +47.9%
Proceeds From Issuance Of Common Stock 313 747 -58.1%
Share Repurchases -746 -1,795 +58.4%
Payments Of Dividends -8,779 -8,359 -5.0%
Proceeds From Minority Shareholders 1,338
Proceeds From Payments For Other Financing Activities -279 -31 -800.0%
Net Cash from Financing -8,140 -6,910 -17.8%
Supplemental
Income Taxes Paid 2,873 3,262 -11.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 321 -623 +151.5%
Net Change in Cash -478 1,796 -126.6%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 11,010 11,488 -4.2%
Restricted Cash And Cash Equivalents 740 660 +12.1%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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