Stock Analysis on Net

Coca-Cola Co. (NYSE:KO)

Cash Flow Statement 
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Coca-Cola Co., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: 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
Consolidated net income 1,986 3,083 2,521 3,113 2,056 2,822 1,900 2,793 2,450 2,475 2,624 2,255 1,474 1,740 1,759 2,795 2,065 2,589 2,628 1,703
Depreciation and amortization 271 290 281 286 307 307 322 324 341 362 383 366 430 358 381 367 400 363 327 275
Stock-based compensation expense 77 57 62 58 83 84 102 87 101 88 90 58 38 52 41 (5) 55 58 48 40
Deferred income taxes 152 57 (471) 260 13 (8) (168) 41 168 226 123 377 (28) 49 83 (122) 46 (163) (285) 122
Equity income, net of dividends (67) (485) (218) (249) (71) (408) (112) (247) 6 (288) (83) (250) 54 (353) (55) (157) (85) (82) (134) (120)
Foreign currency adjustments 197 (56) 9 25 27 38 38 100 91 26 (11) (20) 57 (78) (8) (59) 12 42 76 (39)
Significant (gains) losses, net (50) (442) (154) 25 (867) 192 (691) 1 (15) 2 18 (919) (78) (636) 160 87
Other operating charges 76 290 1,287 88 16 104 928 38 263 5 169 69 (115) 330 151 190 (20) 54 38 55
Other items 5 177 (123) (102) 19 (84) 371 (70) (316) 14 346 157 137 510 (183) 235 60 264 33 147
Net change in operating assets and liabilities 23 887 1,121 (2,877) 654 667 542 (2,468) 1,157 606 939 (1,377) 1,592 824 43 (1,769) 245 781 822 (1,482)
Net cash provided by operating activities 2,670 4,300 4,469 160 2,950 3,522 3,923 623 3,394 3,706 3,889 1,636 3,624 3,434 2,230 556 2,700 3,270 3,713 788
Purchases of investments (2,110) (2,485) (1,364) (739) (582) (1,129) (1,205) (835) (1,298) (1,301) (1,965) (1,466) (1,532) (3,757) (6,839) (1,455) (591) (1,178) (1,873) (1,062)
Proceeds from disposals of investments 1,462 1,284 793 815 1,722 777 949 1,323 1,765 1,483 2,436 1,375 7,353 3,833 1,046 1,603 1,299 2,279 1,401 1,994
Acquisitions of businesses, equity method investments and nonmarketable securities (17) (2) (23) (20) (33) (34) (1) (5) (4,755) (7) (4) (63) (5) (984) (166) (23) (31) (5,322)
Proceeds from disposals of businesses, equity method investments and nonmarketable securities 103 7 1 319 229 11 218 230 185 1,763 2 143 10 36 163 1 4 261
Purchases of property, plant and equipment (851) (386) (339) (276) (708) (289) (270) (217) (639) (278) (234) (216) (418) (223) (209) (327) (848) (439) (379) (388)
Proceeds from disposals of property, plant and equipment 28 8 17 21 29 13 17 16 43 37 17 11 33 44 21 91 34 901 16 27
Collateral (paid) received associated with hedging activities, net 490 (109) (33) 18 (16) (465) (643) (341)
Other investing activities (31) 26 65 (21) 785 72 (138) (13) (30) 40 24 17 79 3 88 (48) 34 (80) (41) 31
Net cash (used in) provided by investing activities (926) (1,657) (883) 117 1,426 (1,044) (1,291) 146 (4,684) 166 2,034 (281) 5,595 (105) (5,883) (1,084) (75) 1,461 (903) (4,459)
Issuances of debt 878 1,375 564 4,074 (379) 1,095 2,204 1,052 1,246 1,096 5,164 5,588 36 7,123 7,212 12,563 3,411 5,080 4,262 10,256
Payments of debt (240) (2,428) (1,192) (1,174) (1,169) (1,945) (771) (1,045) 171 (1,080) (8,913) (3,044) (10,819) (7,673) (5,471) (4,833) (3,134) (7,438) (4,626) (9,652)
Issuances of stock 115 65 130 229 130 55 203 449 209 151 159 183 133 70 31 413 89 321 412 190
Purchases of stock for treasury (1,096) (109) (236) (848) (6) (202) (664) (546) (7) (104) (25) 1 (94) (413) (1) (292) (397)
Dividends (3,874) (1,989) (1,988) (101) (3,706) (100) (1,904) (1,906) (1,815) (1,814) (1,813) (1,810) (3,525) (1,761) (1,761) (3,426) (1,710) (1,709)
Other financing activities (8) (1) (341) (115) (42) (31) (43) (979) 1 18 77 (449) 157 169 223 (239) (194) (157) 100 24
Net cash provided by (used in) financing activities (4,225) (3,087) (3,063) 2,065 (5,172) (1,128) (975) (2,975) (195) (1,629) (5,326) 364 (14,043) (2,072) 235 7,810 (3,667) (3,905) (1,853) 421
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents (37) (198) 49 113 187 (231) (334) 173 (103) (138) 100 (18) 112 136 (118) (54) 3 (77) (54) 56
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the period (2,518) (642) 572 2,455 (609) 1,119 1,323 (2,033) (1,588) 2,105 697 1,701 (4,712) 1,393 (3,536) 7,228 (1,039) 749 903 (3,194)

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).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Coca-Cola Co. net cash provided by operating activities decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Coca-Cola Co. net cash (used in) provided by investing activities decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Coca-Cola Co. net cash provided by (used in) financing activities decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.