Coca Cola 2008 Annual Report Download - page 76

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THE COCA-COLA COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, 2008 2007
(In millions except par value)
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 4,701 $ 4,093
Marketable securities 278 215
Trade accounts receivable, less allowances of $51 and $56, respectively 3,090 3,317
Inventories 2,187 2,220
Prepaid expenses and other assets 1,920 2,260
TOTAL CURRENT ASSETS 12,176 12,105
INVESTMENTS
Equity method investments:
Coca-Cola Hellenic Bottling Company S.A. 1,487 1,549
Coca-Cola FEMSA, S.A.B. de C.V. 877 996
Coca-Cola Amatil Limited 638 806
Coca-Cola Enterprises Inc. 1,637
Other, principally bottling companies and joint ventures 2,314 2,301
Other investments, principally bottling companies 463 488
TOTAL INVESTMENTS 5,779 7,777
OTHER ASSETS 1,733 2,675
PROPERTY, PLANT AND EQUIPMENT — net 8,326 8,493
TRADEMARKS WITH INDEFINITE LIVES 6,059 5,153
GOODWILL 4,029 4,256
OTHER INTANGIBLE ASSETS 2,417 2,810
TOTAL ASSETS $ 40,519 $ 43,269
LIABILITIES AND SHAREOWNERS’ EQUITY
CURRENT LIABILITIES
Accounts payable and accrued expenses $ 6,205 $ 6,915
Loans and notes payable 6,066 5,919
Current maturities of long-term debt 465 133
Accrued income taxes 252 258
TOTAL CURRENT LIABILITIES 12,988 13,225
LONG-TERM DEBT 2,781 3,277
OTHER LIABILITIES 3,401 3,133
DEFERRED INCOME TAXES 877 1,890
SHAREOWNERS’ EQUITY
Common stock, $0.25 par value; Authorized — 5,600 shares;
Issued — 3,519 and 3,519 shares, respectively 880 880
Capital surplus 7,966 7,378
Reinvested earnings 38,513 36,235
Accumulated other comprehensive income (loss) (2,674) 626
Treasury stock, at cost — 1,207 and 1,201 shares, respectively (24,213) (23,375)
TOTAL SHAREOWNERS’ EQUITY 20,472 21,744
TOTAL LIABILITIES AND SHAREOWNERS’ EQUITY $ 40,519 $ 43,269
Refer to Notes to Consolidated Financial Statements.
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