Question: 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
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 |
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