Coca Cola 2015 Annual Report Download - page 33

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
The following selected financial data should be read in conjunction with "Item 7. Management's Discussion and Analysis of Financial Condition and Results
of Operations" and consolidated financial statements and notes thereto contained in "Item 8. Financial Statements and Supplementary Data" of this report.
Year Ended December 31, 
2014
2013
2012
2011
(In millions except per share data)

Net operating revenues  
$ 45,998
$ 46,854
$ 48,017
$ 46,542
Net income attributable to shareowners of
The Coca-Cola Company 
7,098
8,584
9,019
8,584

Basic net income  
$ 1.62
$ 1.94
$ 2.00
$ 1.88
Diluted net income 
1.60
1.90
1.97
1.85
Cash dividends 
1.22
1.12
1.02
0.94

Total assets  
$ 92,023
$ 90,055
$ 86,174
$ 79,974
Long-term debt 
19,063
19,154
14,736
13,656
The Company's results are impacted by acquisitions and divestitures. Refer to "Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operations" for additional information.


The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand
The Coca-Cola Company, our operations and our present business environment. MD&A is provided as a supplement to — and should be read in conjunction
with — our consolidated financial statements and the accompanying notes thereto contained in "Item 8. Financial Statements and Supplementary Data" of
this report. This overview summarizes the MD&A, which includes the following sections:
Our Business — a general description of our business and the nonalcoholic beverage segment of the commercial beverage industry; our objective; our
strategic priorities; our core capabilities; and challenges and risks of our business.
Critical Accounting Policies and Estimates — a discussion of accounting policies that require critical judgments and estimates.
Operations Review — an analysis of our Company's consolidated results of operations for the three years presented in our consolidated financial
statements. Except to the extent that differences among our operating segments are material to an understanding of our business as a whole, we present
the discussion on a consolidated basis.
Liquidity, Capital Resources and Financial Position — an analysis of cash flows; off-balance sheet arrangements and aggregate contractual
obligations; foreign exchange; the impact of inflation and changing prices; and an overview of financial position.
31