The Coca-Cola Company is a multinational beverage manufacturer, retailer, and marketer, based in Atlanta, Georgia, USA.
The company operates more than 500 brands in 200 countries around the world and it is currently the the world’s largest beverage company.
Its flagship product is the drink Coca-Cola, which was originally invented by the pharmacist John Stith Pemberton in 1886.
In 1889 the Coca-Cola formula and brand was acquired by Asa Griggs Candler.
Three years later (in 1892) Candler incorporated The Coca-Cola Company.
Coca-Cola went public 1919 on the New York Stock Exchange.
Some of the most notable brands that the company owns, include: Coca-Cola, Bacardi Mixers, Delaware Punch, Dr Pepper, Evian, Fanta, Sprite, Monster, Fuze Tea, Powerade, Fresca, glacéau vitaminwater, glacéau smartwater, and Minute Maid.
Overview
- Chairman and CEO: Muhtar Kent
- Industry: Beverages
- Type: Public
- Listed on the New York Stock Exchange
- NYSE stock symbol: KO
- S&P 500 Component
- Dow Jones Industrial Average Component
- Revenue: $46.854 billion USD (2013)
- Earnings (loss) per share: $1.90 USD (2013)
- Total assets: $90.055 billion USD (2013)
- Founded: 1886
- Founder: Asa Candler
- Headquarters: Coca-Cola headquarters, Atlanta, Georgia, U.S.
- Employees: 130,600 (2013)
- Website: http://www.coca-colacompany.com/
- Investor relations contact number: +01 404.676.7563
| Income statement data (in $ millions) | 2013 | 2012 |
| Net Operating Revenues | $46,854 | $48,017 |
| Cost of goods sold | $18,421 | $19,053 |
| Gross profit | $28,433 | $28,964 |
| Selling, general and administrative expenses | $17,310 | $17,738 |
| Other operating charges | $895 | $447 |
| Operating income | $10,228 | $10,779 |
| Interest income | $534 | $471 |
| Interest expense | $463 | $397 |
| Equity income (loss) – net | $602 | $819 |
| Other income (loss) – net | $576 | $137 |
| Net income attributable to shareowners of The Coca-Cola Company | $8,584 | $9,019 |
| Balance sheet data (in $ millions) | ||
| Total assets | $90,055 | $86,174 |
| Long-Term debt | $19,154 | $14,736 |
| Total shareholders’ equity | $33,173 | $32,790 |
| Total equity | $33,440 | $33,168 |
| Common share data (in $) | ||
| Diluted net income per share | $1.90 | $1.97 |
Source: “The Coca-Cola Company Reports Full-Year and Fourth Quarter 2013 Results”
News
August 15, 2014: Coca-Cola has bought a 16.5% stake in Monster Beverage Corporation, the maker and seller of energy, soft and natural drinks, in a $2.15 billion cash deal. The two companies expect the transaction will be completed by the end of 2014, or early 2015 at the latest.
April 16, 2014: Coca-Cola soda drinks sales fall, while still drinks rise, Q1 2014. Sales of carbonated drinks in the advanced economies, especially in the UK and the rest of Western Europe, are declining sharply.