The Coca-Cola Company and Subsidiaries reported the following amounts in various statements included in its 2010 annual report. (All amounts are stated in millions of dollars.)

Net income for 2010.......................................................$11,809

Cash dividends declared in 2010...........................................4,068

Reinvested earnings, December 31, 2009................................41,537

Reinvested earnings, December 31, 2010................................49,278

Required

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

December 31, 2010.

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.