Identify at least three different items that are being reported as stockholders’ equity items.

Discuss what you have learned about these 3 items and how are they presented on the balance sheet.

Coca-Cola 2021-2022

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 01, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 8,976	$ 9,684
Short-term investments	776	1,242
Total Cash, Cash Equivalents, and Short-Term Investments	9,752	10,926
Marketable securities	1,867	1,699
Trade accounts receivable, less allowances of $510 and $516, respectively	4,494	3,512
Inventories	3,621	3,414
Prepaid expenses and other current assets	3,407	2,994
Total Current Assets	23,141	22,545
Equity method investments	17,720	17,598
Other investments	655	818
Other noncurrent assets	6,470	6,731
Deferred income tax assets	1,833	2,129
Property, plant and equipment, less accumulated depreciation of $9,099 and $8,942, respectively	9,462	9,920
Trademarks with indefinite lives	14,271	14,465
Goodwill	18,910	19,363
Other intangible assets	707	785
Total Assets	93,169	94,354
CURRENT LIABILITIES
Accounts payable and accrued expenses	14,213	14,619
Loans and notes payable	4,358	3,307
Current maturities of long-term debt	788	1,338
Accrued income taxes	1,172	686
Total Current Liabilities	20,531	19,950
Long-term debt	36,755	38,116
Other noncurrent liabilities	8,046	8,607
Deferred income tax liabilities	3,034	2,821
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY
Common stock, $0.25 par value; authorized — 11,200 shares; issued — 7,040 shares	1,760	1,760
Capital surplus	18,581	18,116
Reinvested earnings	69,970	69,094
Accumulated other comprehensive income (loss)	(14,801)	(14,330)
Treasury stock, at cost — 2,714 and 2,715 shares, respectively	(52,505)	(51,641)
Equity Attributable to Shareowners of The Coca-Cola Company	23,005	22,999
Equity attributable to noncontrolling interests	1,798	1,861
Total Equity	24,803	24,860
Total Liabilities and Equity	$ 93,169	$ 94,354

Answer rating: 100% (QA)

1Common stock reflects the corporate ownership as of the shareholders prese... View the full answer