Common-Size Income Statement
Quarterly Data

Difficulty: Beginner

Coca-Cola Co., Common-Size Consolidated Income Statement (quarterly data)

Microsoft Excel LibreOffice Calc
3 months ended Sep 28, 2018 Jun 29, 2018 Mar 30, 2018 Dec 31, 2017 Sep 29, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jul 1, 2016 Apr 1, 2016 Dec 31, 2015 Oct 2, 2015 Jul 3, 2015 Apr 3, 2015 Dec 31, 2014 Sep 26, 2014 Jun 27, 2014 Mar 28, 2014 Dec 31, 2013 Sep 27, 2013 Jun 28, 2013 Mar 29, 2013
Net operating revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -37.10 -36.43 -35.90 -35.80 -37.40 -37.71 -38.53 -40.32 -38.85 -38.75 -39.57 -40.54 -40.05 -39.06 -38.31 -40.08 -38.66 -38.33 -38.61 -39.09 -39.84 -39.13 -39.18
Gross profit 62.90% 63.57% 64.10% 64.20% 62.60% 62.29% 61.47% 59.68% 61.15% 61.25% 60.43% 59.46% 59.95% 60.94% 61.69% 59.92% 61.34% 61.67% 61.39% 60.91% 60.16% 60.87% 60.82%
Selling, general and administrative expenses -30.38 -30.50 -33.32 -37.75 -35.28 -32.39 -36.36 -38.05 -37.70 -33.90 -36.58 -39.37 -36.82 -34.58 -38.08 -39.90 -37.63 -34.87 -37.72 -39.12 -36.77 -34.39 -37.90
Other operating charges -1.88 -2.52 -7.03 -8.87 -3.97 -8.48 -3.38 -7.23 -2.09 -2.57 -3.02 -4.91 -2.31 -5.50 -2.18 -6.68 -1.07 -1.60 -1.21 -2.73 -2.83 -1.04 -1.10
Operating income 30.64% 30.55% 23.75% 17.59% 23.35% 21.42% 21.74% 14.40% 21.36% 24.78% 20.82% 15.18% 20.82% 20.85% 21.44% 13.35% 22.64% 25.21% 22.47% 19.07% 20.55% 25.44% 21.82%
Interest income 2.07 1.90 2.16 2.42 1.93 1.70 1.70 1.81 1.54 1.42 1.40 1.54 1.36 1.23 1.45 1.45 1.41 1.15 1.16 1.39 1.13 1.01 1.05
Interest expense -2.50 -2.70 -3.02 -2.80 -2.29 -2.38 -2.11 -2.64 -1.71 -1.40 -1.37 -1.43 -1.21 -1.05 -4.17 -1.28 -0.94 -0.85 -1.17 -1.35 -0.75 -0.96 -0.92
Equity income, net 4.21 3.63 1.86 2.50 3.94 4.22 1.27 1.67 2.64 2.64 0.89 0.87 1.75 1.65 0.02 2.20 1.71 2.02 0.67 0.59 1.70 1.93 0.79
Other income (loss), net 0.11 -1.09 -0.72 -7.24 -8.49 2.09 -6.08 -9.77 -10.40 9.82 -3.33 -0.78 -7.62 13.20 -0.23 -5.82 -2.61 -0.61 -2.28 0.49 5.47 0.23 -1.50
Income from continuing operations before income taxes 34.53% 32.30% 24.04% 12.47% 18.44% 27.05% 16.53% 5.47% 13.43% 37.26% 18.42% 15.38% 15.10% 35.88% 18.50% 9.90% 22.21% 26.91% 20.85% 20.18% 28.10% 27.65% 21.24%
Income taxes from continuing operations -6.40 -6.65 -6.64 -49.99 -2.53 -12.90 -3.54 0.34 -3.55 -7.27 -3.90 -3.02 -2.38 -10.28 -3.87 -2.81 -4.49 -6.20 -5.47 -4.71 -7.69 -6.52 -5.21
Net income from continuing operations 28.13% 25.64% 17.40% -37.51% 15.91% 14.14% 12.99% 5.81% 9.87% 29.99% 14.52% 12.36% 12.72% 25.59% 14.62% 7.09% 17.72% 20.72% 15.37% 15.47% 20.41% 21.13% 16.03%
Income (loss) from discontinued operations, net of income taxes -6.08 0.47 0.96 1.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Consolidated net income 22.05% 26.11% 18.36% -36.17% 15.91% 14.14% 12.99% 5.81% 9.87% 29.99% 14.52% 12.36% 12.72% 25.59% 14.62% 7.09% 17.72% 20.72% 15.37% 15.47% 20.41% 21.13% 16.03%
Net (income) loss attributable to noncontrolling interests 0.75 -0.17 -0.42 -0.47 0.03 -0.01 -0.02 0.03 -0.04 -0.10 -0.10 0.01 -0.04 -0.02 -0.08 -0.01 -0.07 -0.08 -0.07 0.02 -0.07 -0.14 -0.16
Net income attributable to shareowners of The Coca-Cola Company 22.80% 25.94% 17.94% -36.63% 15.94% 14.13% 12.96% 5.85% 9.84% 29.88% 14.42% 12.37% 12.68% 25.57% 14.54% 7.08% 17.65% 20.64% 15.31% 15.49% 20.34% 20.99% 15.87%

Based on: 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-05-01), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-24), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-28), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-30), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-29), 10-Q (filing date: 2014-07-30), 10-Q (filing date: 2014-04-24), 10-K (filing date: 2014-02-27), 10-Q (filing date: 2013-10-24), 10-Q (filing date: 2013-07-25), 10-Q (filing date: 2013-04-25).

Item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Coca-Cola Co.'s operating income as a percentage of net operating revenues increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Coca-Cola Co.'s income from continuing operations before income taxes as a percentage of net operating revenues increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Net income attributable to shareowners of The Coca-Cola Company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Coca-Cola Co.'s net income attributable to shareowners of The Coca-Cola Company as a percentage of net operating revenues increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018.