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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 10,270 $ 10,828
Short-term investments 3,602 2,020
Total Cash, Cash Equivalents and Short-Term Investments 13,872 12,848
Marketable securities 1,934 1,723
Trade accounts receivable, less allowances of $495 and $506, respectively 3,038 3,569
Inventories 4,425 4,728
Prepaid expenses and other current assets 2,433 2,998
Assets held for sale 5,342 131
Total Current Assets 31,044 25,997
Equity method investments 20,235 18,087
Deferred income tax assets 1,206 1,319
Property, plant and equipment — net 9,613 10,303
Trademarks with indefinite lives 12,531 13,301
Goodwill 15,491 18,139
Other noncurrent assets 14,696 13,403
Total Assets 104,816 100,549
CURRENT LIABILITIES    
Accounts payable and accrued expenses 14,813 21,712
Loans and notes payable 1,551 1,499
Current maturities of long-term debt 1,822 648
Accrued income taxes 525 1,387
Liabilities held for sale 2,570 3
Total Current Liabilities 21,281 25,249
Long-term debt 42,119 42,375
Other noncurrent liabilities 4,735 4,084
Deferred income tax liabilities 2,406 2,469
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 20,581 19,801
Reinvested earnings 80,382 76,054
Accumulated other comprehensive income (loss) (14,131) (16,843)
Treasury stock, at cost — 2,738 and 2,738 shares, respectively (56,423) (55,916)
Equity Attributable to Shareowners of The Coca-Cola Company 32,169 24,856
Equity Attributable to Noncontrolling Interests 2,106 1,516
Total Equity 34,275 26,372
Total Liabilities and Equity $ 104,816 $ 100,549