Stock Analysis on Net
Stock Analysis on Net

Coca-Cola Co. (NYSE:KO)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Coca-Cola Co., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Accounts payable 4.03 4.40 3.00 2.60 3.07
Accrued marketing expenses 2.21 2.38 2.15 2.40 2.50
Variable consideration payable 1.30 1.13 0.00 0.00 0.00
Other accrued expenses 3.84 3.31 4.03 3.49 2.97
Accrued compensation 0.70 1.18 1.07 0.97 0.98
Deferred tax liabilities 0.00 0.00 0.00 0.00 0.79
Accrued sales, payroll and other taxes 0.51 0.51 0.38 0.39 0.43
Container deposits 0.18 0.17 0.10 0.09 0.12
Accounts payable and accrued expenses 12.77% 13.10% 10.73% 9.95% 10.87%
Loans and notes payable 2.50 12.73 15.86 15.02 14.32
Current maturities of long-term debt 0.56 4.92 6.00 3.75 4.04
Accrued income taxes 0.90 0.48 0.45 0.47 0.35
Liabilities held for sale 0.00 0.00 0.00 0.04 0.81
Liabilities held for sale, discontinued operations 0.00 0.00 2.07 1.70 0.00
Current liabilities 16.73% 31.23% 35.12% 30.94% 30.40%
Long-term debt, excluding current maturities 45.96 31.85 30.48 35.48 34.01
Other liabilities 10.83 9.85 9.18 9.13 4.68
Deferred income tax liabilities 2.10 2.64 2.32 2.87 4.30
Noncurrent liabilities 58.89% 44.35% 41.98% 47.47% 42.99%
Total liabilities 75.62% 75.58% 77.10% 78.41% 73.39%
Common stock, $0.25 par value 2.02 2.04 2.11 2.00 2.02
Capital surplus 20.16 19.86 19.85 18.05 17.18
Reinvested earnings 76.24 76.24 75.99 68.75 75.06
Accumulated other comprehensive loss -16.73 -15.68 -15.40 -11.72 -12.84
Treasury stock, at cost -59.59 -60.48 -62.15 -57.66 -54.99
Equity attributable to shareowners of The Coca-Cola Company 22.11% 21.97% 20.41% 19.42% 26.43%
Equity attributable to noncontrolling interests 2.27 2.45 2.50 2.17 0.18
Total equity 24.38% 24.42% 22.90% 21.59% 26.61%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2021-02-25), 10-K (filing date: 2020-02-24), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-24).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Coca-Cola Co.’s current liabilities as a percentage of total liabilities and equity decreased from 2018 to 2019 and from 2019 to 2020.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Coca-Cola Co.’s noncurrent liabilities as a percentage of total liabilities and equity increased from 2018 to 2019 and from 2019 to 2020.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Coca-Cola Co.’s total liabilities as a percentage of total liabilities and equity decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.
Equity attributable to shareowners of The Coca-Cola Company Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Coca-Cola Co.’s equity attributable to shareowners of The Coca-Cola Company as a percentage of total liabilities and equity increased from 2018 to 2019 and from 2019 to 2020.