Obtain The Coca-Cola Company’s 2017 annual report either using the “Investor Relations” portion of its website (do a web search for Coca-Colainvestor relations) or go to http://www.sec.gov and click “Search for company filings” under “ filings and Forms (EDGAR).”

Required:
1. What was the total income tax expense related to income from continuing operations before income taxes for 2017? How much of this was current? How much was deferred?
2. What were the total gross deferred tax assets at the end of 2017? Total deferred tax liabilities? Net deferred tax liability?
3. How much was the noncurrent deferred tax liability at the end of 2017, and where was it reported?
4. How much were the operating loss carryforwards at the end of 2017? Over what time periods must these be utilized?