Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity 
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Coca-Cola Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
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
Accounts payable and accrued expenses 15,485 16,837 16,483 15,593 15,749 16,103 14,213 13,272 14,619 12,830 12,124 10,929 11,145 12,750 11,668 12,640 11,312 12,727 12,819 10,986
Loans and notes payable 4,557 3,915 4,828 5,455 2,373 3,396 4,358 3,610 3,307 1,866 1,867 1,933 2,183 5,857 9,423 13,657 10,994 10,972 13,030 11,570
Current maturities of long-term debt 1,960 2,080 1,171 811 399 729 788 1,039 1,338 448 337 2,880 485 7,508 5,181 5,642 4,253 492 2,749 3,297
Accrued income taxes 1,569 1,577 1,633 1,498 1,203 1,211 1,172 866 686 846 971 744 788 776 576 458 414 909 784 255
Liabilities held for sale, discontinued operations 1,835
Current liabilities 23,571 24,409 24,115 23,357 19,724 21,439 20,531 18,787 19,950 15,990 15,299 16,486 14,601 26,891 26,848 32,397 26,973 25,100 29,382 27,943
Long-term debt, excluding current maturities 35,547 34,176 35,626 36,134 36,377 35,462 36,755 37,052 38,116 39,394 39,804 40,170 40,125 39,502 37,729 31,094 27,516 31,012 29,296 29,400
Other noncurrent liabilities 8,466 8,427 8,449 7,874 7,922 8,010 8,046 8,252 8,607 8,401 8,350 8,558 9,453 8,530 8,954 8,832 8,510 8,057 8,336 8,598
Deferred income tax liabilities 2,639 2,733 2,714 3,171 2,914 3,124 3,034 3,132 2,821 2,688 2,486 2,447 1,833 1,945 1,969 1,856 2,284 2,581 2,687 2,602
Noncurrent liabilities 46,652 45,336 46,789 47,179 47,213 46,596 47,835 48,436 49,544 50,483 50,640 51,175 51,411 49,977 48,652 41,782 38,310 41,650 40,319 40,600
Total liabilities 70,223 69,745 70,904 70,536 66,937 68,035 68,366 67,223 69,494 66,473 65,939 67,661 66,012 76,868 75,500 74,179 65,283 66,750 69,701 68,543
Common stock, $0.25 par value 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760 1,760
Capital surplus 19,209 19,081 18,993 18,889 18,822 18,687 18,581 18,388 18,116 17,929 17,781 17,630 17,601 17,463 17,367 17,312 17,154 17,039 16,833 16,577
Reinvested earnings 73,782 73,793 72,695 72,137 71,019 70,893 69,970 69,969 69,094 68,494 67,838 67,009 66,555 66,863 66,888 66,870 65,855 65,481 64,602 63,704
Accumulated other comprehensive loss (14,275) (14,815) (14,017) (14,322) (14,895) (15,869) (14,801) (13,340) (14,330) (14,250) (13,299) (14,133) (14,601) (15,446) (16,460) (15,696) (13,544) (13,706) (12,981) (12,325)
Treasury stock, at cost (54,535) (53,494) (53,418) (53,247) (52,601) (52,666) (52,505) (51,932) (51,641) (51,754) (51,831) (51,911) (52,016) (52,033) (52,071) (52,088) (52,244) (51,861) (52,033) (51,981)
Equity attributable to shareowners of The Coca-Cola Company 25,941 26,325 26,013 25,217 24,105 22,805 23,005 24,845 22,999 22,179 22,249 20,355 19,299 18,607 17,484 18,158 18,981 18,713 18,181 17,735
Equity attributable to noncontrolling interests 1,539 1,508 1,539 1,651 1,721 1,631 1,798 1,996 1,861 1,954 2,006 1,977 1,985 1,709 1,705 1,676 2,117 1,970 2,114 2,069
Total equity 27,480 27,833 27,552 26,868 25,826 24,436 24,803 26,841 24,860 24,133 24,255 22,332 21,284 20,316 19,189 19,834 21,098 20,683 20,295 19,804
Total liabilities and equity 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-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).

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. current liabilities increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Coca-Cola Co. noncurrent liabilities decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
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. total liabilities decreased from Q2 2023 to Q3 2023 but then slightly increased from Q3 2023 to Q4 2023.
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 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. equity attributable to shareowners of The Coca-Cola Company increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.