Coca Cola 2005 Annual Report Download - page 90

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THE COCA-COLA COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 10: FINANCIAL INSTRUMENTS
Certain Debt and Marketable Equity Securities
Investments in debt and marketable equity securities, other than investments accounted for by the equity
method, are categorized as trading, available-for-sale or held-to-maturity. On December 31, 2005 and 2004, we
had no trading securities. Our marketable equity investments are categorized as available-for-sale with their cost
basis determined by the specific identification method. We record available-for-sale instruments at fair value,
with unrealized gains and losses, net of deferred income taxes, reported as a component of AOCI. Debt
securities categorized as held-to-maturity are stated at amortized cost.
As of December 31, 2005 and 2004, available-for-sale and held-to-maturity securities consisted of the
following (in millions):
Gross Unrealized Estimated
Cost Gains Losses Fair Value
2005
Available-for-sale securities:
Equity securities $ 138 $ 167 $ (2) $ 303
Other securities 13 — — 13
$ 151 $ 167 $ (2) $ 316
Held-to-maturity securities:
Bank and corporate debt $ 348 $ — $ — $ 348
Gross Unrealized Estimated
Cost Gains Losses Fair Value
2004
Available-for-sale securities:
Equity securities $ 144 $ 146 $ (2) $ 288
Other securities 5 — (1) 4
$ 149 $ 146 $ (3) $ 292
Held-to-maturity securities:
Bank and corporate debt $ 68 $ — $ — $ 68
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