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

	Mar 28, 2025	Dec 31, 2024	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
Accounts payable and accrued expenses	16,499)	21,715)	23,820)	21,909)	19,425)	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)
Loans and notes payable	5,418)	1,499)	2,203)	3,793)	6,054)	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)
Current maturities of long-term debt	163)	648)	1,067)	1,939)	1,392)	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)
Accrued income taxes	1,728)	1,387)	1,479)	1,622)	1,485)	1,569)	1,577)	1,633)	1,498)	1,203)	1,211)	1,172)	866)	686)	846)	971)	744)	788)	776)	576)	458)
Current liabilities	23,808)	25,249)	28,569)	29,263)	28,356)	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)
Long-term debt, excluding current maturities	43,530)	42,375)	42,994)	38,085)	35,104)	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)
Other noncurrent liabilities	4,313)	4,084)	4,257)	4,077)	5,465)	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)
Deferred income tax liabilities	2,311)	2,469)	2,292)	2,366)	2,521)	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)
Noncurrent liabilities	50,154)	48,928)	49,543)	44,528)	43,090)	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)
Total liabilities	73,962)	74,177)	78,112)	73,791)	71,446)	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)
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)	1,760)
Capital surplus	19,873)	19,801)	19,710)	19,468)	19,321)	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)
Reinvested earnings	77,189)	76,054)	75,946)	75,189)	74,868)	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)
Accumulated other comprehensive loss	(16,482)	(16,843)	(15,536)	(15,458)	(14,504)	(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)
Treasury stock, at cost	(56,138)	(55,916)	(55,362)	(55,106)	(55,016)	(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)
Equity attributable to shareowners of The Coca-Cola Company	26,202)	24,856)	26,518)	25,853)	26,429)	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)
Equity attributable to noncontrolling interests	1,552)	1,516)	1,636)	1,558)	1,517)	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)
Total equity	27,754)	26,372)	28,154)	27,411)	27,946)	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)
Total liabilities and equity	101,716)	100,549)	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)

Accounts Payable and Accrued Expenses: The figures show variability over the periods with a general upward trend from early 2020 to late 2024, peaking near the last quarter of 2024 before slightly declining. This fluctuation indicates changing operational expenses or payment cycles.
Loans and Notes Payable: There is a general decline from March 2020 through the end of 2021, followed by intermittent increases and decreases. The item notably decreased again toward the end of 2024, which may suggest efforts to reduce short-term borrowings.
Current Maturities of Long-Term Debt: Values fluctuate significantly, with peaks in some quarters such as April 2021 and September 2023. This irregular pattern could indicate refinancing or restructuring of debt schedules.
Accrued Income Taxes: A gradual upward trend is observed from March 2020 through mid-2023, showing increasing tax obligations, with some fluctuations in the most recent quarters but remaining at a relatively higher level compared to the start of the period.
Current Liabilities: A notable decrease is observed in December 2020; however, from 2021 onwards, there is a steady increase reaching the highest values in early 2024 before a slight decline into 2025, indicating growing short-term obligations overall.
Long-Term Debt, Excluding Current Maturities: This liability generally increased sharply from March 2020 through the end of 2020 and remained relatively stable with minor fluctuations afterward. An increase is notable towards the end of 2024, possibly reflecting new long-term borrowing or deferred repayments.
Other Noncurrent Liabilities: The values decrease notably from early 2024 compared to prior periods, exhibiting a reduction of this liability category, which may imply payments or settlements of certain obligations.
Deferred Income Tax Liabilities: These liabilities increased from 2020 up to early 2022, followed by a general downward trend in later years. This suggests changes in tax timing differences or adjustments in tax positions.
Noncurrent Liabilities: The aggregate shows a rising trajectory throughout 2020, peaking around 2020-2021, then a gradual decline with a dip in mid-2023, but it rose again in late 2024, implying periodic debt management or reclassification of liabilities.
Total Liabilities: The total liabilities trend mirrors the noncurrent and current liabilities trends, showing an increase in early years with some dips, and peaking in 2024 before adjusting down, reflecting overall liability management dynamics.
Common Stock: The value remains constant at $1760 million throughout the entire period, indicating no new issuance or retirement of common stock.
Capital Surplus: A consistent and steady increase is noted in capital surplus, reflecting ongoing contributions or retained earnings in excess of par value across the periods.
Reinvested Earnings: There is a gradual upward trend in reinvested earnings, indicating profitability and retention of earnings for reinvestment over time, albeit with minor fluctuations in recent quarters.
Accumulated Other Comprehensive Loss: This figure fluctuates with no clear trend, showing alternating increases and decreases. The loss magnitude remains significant, suggesting volatility in comprehensive income components such as foreign currency translation or unrealized gains/losses.
Treasury Stock: An increasing negative balance reflects ongoing repurchases of shares over the entire period, leading to a larger treasury stock holding at cost.
Equity Attributable to Shareowners: Equity shows a general increase from early 2020 to late 2023, peaking around September 2023, with slight decreases in some subsequent quarters. This indicates strengthening shareholder equity, despite fluctuations.
Equity Attributable to Noncontrolling Interests: This component remains relatively stable with minor fluctuations, indicating consistent minority interests in subsidiaries without material shifts.
Total Equity: Total equity increases steadily from March 2020 to late 2023, reaching a high before slight decreases into early 2025. This reflects growth in net assets and retained earnings, offset slightly by comprehensive losses and treasury stock activity.
Total Liabilities and Equity: The combined total shows growth from 2020 through 2024, indicating expansion in the balance sheet size, followed by some consolidation in early 2025, signifying overall growth in the company's financial base.

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Coca-Cola Co. (NYSE:KO)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data