The Coca-Cola Company and Subsidiaries reported the following amounts in various statements included in its Form 10-K

Question:

The Coca-Cola Company and Subsidiaries reported the following amounts in various statements included in its Form 10-K for the year ended December 31, 2013. (All amounts are stated in millions of dollars.)

Net income attributable to shareowners of The .......$8,584

Coca-Cola Company for 2013

Dividends in 2013 .......................................4,969

Reinvested earnings, December 31, 2012 .............58,045

Reinvested earnings, December 31, 2013 ..............61,660

Required

1. Prepare a statement of retained earnings for The Coca-Cola Company for the year ended December 31, 2013.

2. The Coca-Cola Company does not actually present a statement of retained earnings in its annual report. Instead, it presents a broader statement of shareholders' equity. Describe the information that would be included on this statement that is not included on a statement of retained earnings.

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