Coca-Cola Consolidated, Inc. (COKE) financial statements (2022 and earlier)

Company profile

Business Address 4100 COCA COLA PLZ
CHARLOTTE, NC 28211
State of Incorp. DE
Fiscal Year End December 31
SIC 2086 - Bottled and Canned Soft Drinks and Carbonated Waters (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14218754525516578
Cash and cash equivalents14218754525516578
Receivables513524524502453483499
Inventory, net of allowances, customer advances and progress billings303240238257226208211
Inventory303240238257226208211
Prepaid expense4418885
Derivative instruments and hedges, assets89632  
Disposal group, including discontinued operation778667 
Other undisclosed current assets1001009698100106107
Total current assets:1,0771,072927927851977900
Noncurrent Assets
Finance lease, right-of-use asset64666768707112
Operating lease, right-of-use asset140140132129134136134
Property, plant and equipment1,0311,0091,0201,0211,023979985
Intangible assets, net (including goodwill)166166166166166166166
Goodwill166166166166166166166
Other noncurrent assets120120117113112112110
Other undisclosed noncurrent assets848847853860867872878
Total noncurrent assets:2,3692,3482,3552,3582,3712,3362,284
TOTAL ASSETS:3,4463,4203,2823,2853,2223,3133,185
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities661588578516514524473
Accounts payable319271283228218235216
Accrued liabilities227214223220205208190
Employee-related liabilities111976863887562
Interest and dividends payable4646474
Debt66625262522
Due to related parties146 140142107136140
Other undisclosed current liabilities2217420    
Total current liabilities:835768744684647684634
Noncurrent Liabilities
Long-term debt and lease obligation9109839621,0941,1301,1551,105
Long-term debt, excluding current maturities723793778909940963970
Finance lease, liability65666869707113
Operating lease, liability122124116115120121122
Liabilities, other than long-term debt988988964942932914940
Deferred income tax liabilities136152143160139131147
Liability, pension and other postretirement and postemployment benefits93111116115113103118
Other liabilities759726705667679679675
Total noncurrent liabilities:1,8991,9721,9262,0362,0622,0692,045
Total liabilities:2,7342,7402,6702,7192,7092,7532,679
Stockholders' equity
Stockholders' equity attributable to parent, including:760728661614513448397
Additional paid in capital136136136136136129129
Accumulated other comprehensive loss(100)(115)(116)(118)(119)(113)(114)
Retained earnings724708641595544480431
Other undisclosed stockholders' equity attributable to parent    (48)(48)(48)
Stockholders' equity attributable to noncontrolling interest     111108
Other undisclosed stockholders' equity(48)(48)(48)(48)   
Total stockholders' equity:712680613565513560506
TOTAL LIABILITIES AND EQUITY:3,4463,4203,2823,2853,2223,3133,185

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues1,4021,4571,4331,2701,2791,3281,227
Cost of revenue
(Cost of Goods and Services Sold)
(910)(940)(938)(821)(817)(856)(798)
Gross profit:493518495449462472429
Operating expenses(406)(381)(374)(355)(368)(369)(346)
Operating income:87137121949410483
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(56)(35)(47)(12)4(21)(16)
Interest and debt expense(8)(8)(8)(9)(9)(9)(9)
Income from continuing operations before income taxes:22946573897358
Income tax expense(3)(25)(17)(20)(20)(18)(15)
Net income:19694853695543
Net loss attributable to noncontrolling interest    (2)(3)(3)
Net income available to common stockholders, diluted:19694853665240

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:19694853695543
Other comprehensive income (loss)15111(6)11
Comprehensive income:34705055635644
Comprehensive loss, net of tax, attributable to noncontrolling interest    (2)(3)(3)
Comprehensive income, net of tax, attributable to parent:34705055605341

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: