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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Oct. 01, 2010
Sep. 30, 2011
Oct. 01, 2010
NET OPERATING REVENUES$ 12,248$ 8,426$ 35,502$ 24,625
Cost of goods sold4,8752,91813,8138,414
GROSS PROFIT7,3735,50821,68916,211
Selling, general and administrative expenses4,5273,06413,0298,647
Other operating charges96100457274
OPERATING INCOME2,7502,3448,2037,290
Interest income14193356220
Interest expense11680313246
Equity income (loss) - net180355535847
Other income (loss) - net(32)(12)447(109)
INCOME BEFORE INCOME TAXES2,9232,7009,2288,002
Income taxes6806332,2681,927
CONSOLIDATED NET INCOME2,2432,0676,9606,075
Less: Net income attributable to noncontrolling interests22124237
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY$ 2,221$ 2,055$ 6,918$ 6,038
BASIC NET INCOME PER SHARE (in dollars per share)$ 0.97[1]$ 0.89[1]$ 3.02[1]$ 2.62[1]
DILUTED NET INCOME PER SHARE (in dollars per share)$ 0.95[1]$ 0.88[1]$ 2.97[1]$ 2.59[1]
DIVIDENDS PER SHARE (in dollars per share)$ 0.47$ 0.44$ 1.41$ 1.32
AVERAGE SHARES OUTSTANDING (in shares)2,2862,3102,2892,307
Effect of dilutive securities (in shares)40264022
AVERAGE SHARES OUTSTANDING ASSUMING DILUTION (in shares)2,3262,3362,3292,329
[1]1 Basic net income per share and diluted net income per share are calculated based on net income attributable to shareowners of The Coca-Cola Company.