Coca Cola 2015 Annual Report Download - page 12

One or more substances that are currently on the Proposition 65 lists, or that may be added in the future, can be detected in certain Company products at low
levels that are safe. With respect to substances that have not yet been listed under Proposition 65, the Company takes the position that listing is not
scientifically justified. With respect to substances that are already listed, the Company takes the position that the presence of each such substance in
Company products is subject to an applicable exemption from the warning requirement. The state of California and other parties, however, have in the past
taken a contrary position and may do so in the future.
Bottlers of our beverage products presently offer and use nonrefillable recyclable containers in the United States and various other markets around the world.
Some of these bottlers also offer and use refillable containers, which are also recyclable. Legal requirements apply in various jurisdictions in the United States
and overseas requiring that deposits or certain ecotaxes or fees be charged in connection with the sale, marketing and use of certain beverage containers. The
precise requirements imposed by these measures vary. Other types of statutes and regulations relating to beverage container deposits, recycling, ecotaxes
and/or product stewardship also apply in various jurisdictions in the United States and overseas. We anticipate that additional such legal requirements may
be proposed or enacted in the future at local, state and federal levels, both in the United States and elsewhere.
All of our Company's facilities and other operations in the United States and elsewhere around the world are subject to various environmental protection
statutes and regulations, including those relating to the use of water resources and the discharge of wastewater. Our policy is to comply with all such legal
requirements. Compliance with these provisions has not had, and we do not expect such compliance to have, any material adverse effect on our Company's
capital expenditures, net income or competitive position.
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As of December 31, 2015 and 2014, our Company had approximately 123,200 and 129,200 employees, respectively, of which approximately 3,300 and
3,800, respectively, were employed by consolidated variable interest entities ("VIEs"). The decrease in the total number of employees in 2015 was primarily
due to the refranchising of certain territories that were previously managed by CCR to certain of the Company's unconsolidated bottling partners. For more
information about the North America refranchising transactions, refer to Note 2 of Notes to Consolidated Financial Statements set forth in Part II, "Item 8.
Financial Statements and Supplementary Data" of this report. As of December 31, 2015 and 2014, our Company had approximately 60,900 and 65,300
employees, respectively, located in the United States, of which approximately 500 were employed by consolidated VIEs in both years.
Our Company, through its divisions and subsidiaries, is a party to numerous collective bargaining agreements. As of December 31, 2015, approximately
17,500 employees, excluding seasonal hires, in North America were covered by collective bargaining agreements. These agreements typically have terms of
three years to five years. We currently expect that we will be able to renegotiate such agreements on satisfactory terms when they expire.
The Company believes that its relations with its employees are generally satisfactory.
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The Company maintains a website at the following address: www.coca-colacompany.com. The information on the Company's website is not incorporated by
reference in this Annual Report on Form 10-K.
We make available on or through our website certain reports and amendments to those reports that we file with or furnish to the Securities and Exchange
Commission ("SEC") in accordance with the Securities Exchange Act of 1934, as amended ("Exchange Act"). These include our Annual Reports on Form 10-
K, our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. We make this information available on our website free of charge as soon as
reasonably practicable after we electronically file the information with, or furnish it to, the SEC.
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