Stock Analysis on Net

Coca-Cola Co. (NYSE:KO)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Coca-Cola Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Sep 27, 2024 Jun 28, 2024 Mar 29, 2024 Dec 31, 2023 Sep 29, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jul 1, 2022 Apr 1, 2022 Dec 31, 2021 Oct 1, 2021 Jul 2, 2021 Apr 2, 2021 Dec 31, 2020 Sep 25, 2020 Jun 26, 2020 Mar 27, 2020 Dec 31, 2019 Sep 27, 2019 Jun 28, 2019 Mar 29, 2019
Cash and cash equivalents 13,938 13,708 10,443 9,366 11,883 12,564 12,004 9,519 10,127 8,976 7,681 9,684 11,301 9,188 8,484 6,795 11,385 10,037 13,561 6,480 7,531 6,731 5,645
Short-term investments 2,439 3,691 4,760 2,997 2,332 1,867 1,166 1,043 1,120 776 736 1,242 1,844 2,079 1,871 1,771 7,347 7,551 1,713 1,467 2,001 2,572 1,538
Cash, cash equivalents and short-term investments 16,377 17,399 15,203 12,363 14,215 14,431 13,170 10,562 11,247 9,752 8,417 10,926 13,145 11,267 10,355 8,566 18,732 17,588 15,274 7,947 9,532 9,303 7,183
Marketable securities 1,787 1,594 1,716 1,300 1,220 1,263 1,125 1,069 1,973 1,867 1,939 1,699 1,724 1,775 2,234 2,348 2,396 2,228 2,392 3,228 3,456 4,058 4,765
Trade accounts receivable, less allowances 4,233 4,545 4,244 3,410 3,495 3,970 4,599 3,487 3,994 4,494 4,641 3,512 3,889 4,036 3,762 3,144 3,827 3,849 4,430 3,971 4,353 4,888 3,852
Inventories 4,714 4,763 4,961 4,424 4,252 4,646 4,727 4,233 3,708 3,621 3,741 3,414 3,182 3,281 3,356 3,266 3,264 3,501 3,558 3,379 3,266 3,453 3,178
Prepaid expenses and other current assets 3,177 3,298 3,338 5,235 4,685 3,281 3,259 3,240 3,217 3,407 3,418 2,994 2,300 2,122 2,225 1,916 2,191 2,205 2,580 1,886 2,510 2,658 2,935
Assets held for sale, discontinued operations 6,627
Current assets 30,288 31,599 29,462 26,732 27,867 27,591 26,880 22,591 24,139 23,141 22,156 22,545 24,240 22,481 21,932 19,240 30,410 29,371 28,234 20,411 23,117 24,360 28,540
Equity method investments 18,993 18,940 19,495 19,671 19,256 19,262 18,744 18,264 17,723 17,720 18,198 17,598 18,284 18,471 18,966 19,273 18,875 18,189 18,020 19,025 18,689 19,418 19,283
Other investments 44 167 147 118 104 158 337 501 582 655 788 818 897 945 806 812 712 746 652 854 878 894 915
Other noncurrent assets 12,904 7,274 7,291 7,162 7,031 6,592 6,324 6,189 6,130 6,470 6,392 6,731 6,490 6,553 6,494 6,184 6,161 5,875 6,001 6,075 5,750 5,596 5,382
Deferred income tax assets 1,428 1,409 1,457 1,561 1,575 1,661 1,696 1,746 1,708 1,833 2,006 2,129 2,237 2,291 2,332 2,460 2,439 2,366 2,275 2,412 2,452 2,559 2,617
Property, plant and equipment, less accumulated depreciation 9,864 9,508 9,306 9,236 8,860 9,706 9,848 9,841 9,243 9,462 9,784 9,920 10,058 10,547 10,673 10,777 10,667 10,695 10,993 10,838 10,217 10,254 8,866
Trademarks with indefinite lives 13,598 13,510 13,532 14,349 14,213 14,369 14,283 14,214 13,968 14,271 14,388 14,465 10,449 10,675 10,584 10,395 10,333 10,172 10,457 9,266 9,167 9,313 9,351
Goodwill 18,686 18,324 18,210 18,358 18,144 18,545 18,678 18,782 18,329 18,910 19,598 19,363 17,455 17,693 17,618 17,506 16,887 16,617 16,673 16,764 16,465 16,840 12,964
Other intangible assets 461 471 492 516 528 572 614 635 649 707 754 785 496 538 588 649 700 658 708 736 698 762 429
Intangible assets 32,745 32,305 32,234 33,223 32,885 33,486 33,575 33,631 32,946 33,888 34,740 34,613 28,400 28,906 28,790 28,550 27,920 27,447 27,838 26,766 26,330 26,915 22,744
Noncurrent assets 75,978 69,603 69,930 70,971 69,711 70,865 70,524 70,172 68,332 70,028 71,908 71,809 66,366 67,713 68,061 68,056 66,774 65,318 65,779 65,970 64,316 65,636 59,807
Total assets 106,266 101,202 99,392 97,703 97,578 98,456 97,404 92,763 92,471 93,169 94,064 94,354 90,606 90,194 89,993 87,296 97,184 94,689 94,013 86,381 87,433 89,996 88,347

Based on: 10-Q (reporting date: 2024-09-27), 10-Q (reporting date: 2024-06-28), 10-Q (reporting date: 2024-03-29), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-29), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-Q (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-25), 10-Q (reporting date: 2020-06-26), 10-Q (reporting date: 2020-03-27), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-27), 10-Q (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Coca-Cola Co. current assets increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Property, plant and equipment, less accumulated depreciation Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Coca-Cola Co. property, plant and equipment, less accumulated depreciation increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Coca-Cola Co. noncurrent assets decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Coca-Cola Co. total assets increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Coca-Cola Co. cash and cash equivalents increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Marketable securities Amount of investment in marketable security, classified as current. Coca-Cola Co. marketable securities decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Trade accounts receivable, less allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Coca-Cola Co. trade accounts receivable, less allowances increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Coca-Cola Co. inventories decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.