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Income Statement
Quarterly Data
Difficulty: Beginner
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Coca-Cola Co., Consolidated Income Statement (quarterly data)
USD $ in millions
| 3 months ended | 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 | |||||||||||||||||||||||
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| Cost of goods sold | |
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| Gross profit | |
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| Selling, general and administrative expenses | |
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| Other operating charges | |
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| Operating income | |
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| Interest income | |
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| Interest expense | |
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| Equity income, net | |
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| Other income (loss), net | |
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| Income from continuing operations before income taxes | |
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| Income taxes from continuing operations | |
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| Net income from continuing operations | |
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| Income from discontinued operations, net of income taxes | |
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| Consolidated net income | |
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| Net (income) loss attributable to noncontrolling interests | |
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| Net income attributable to shareowners of The Coca-Cola Company | |
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| Item | Description | The company |
|---|---|---|
| Net operating revenues | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Coca-Cola Co.'s net operating revenues increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Operating income | The net result for the period of deducting operating expenses from operating revenues. | Coca-Cola Co.'s operating income increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Income from continuing operations before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Coca-Cola Co.'s income from continuing operations before income taxes increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Net income from continuing operations | This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Coca-Cola Co.'s net income from continuing operations increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Consolidated net income | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Coca-Cola Co.'s consolidated net income increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Net income attributable to shareowners of The Coca-Cola Company | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Coca-Cola Co.'s net income attributable to shareowners of The Coca-Cola Company increased from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
