COCA COLA CO (KO) [Rocket]

In millions, except per share items	Jun-30-23	Jul-01-22	Apr-01-22	Dec-31-21	Oct-01-21	Jul-02-21	Apr-02-21	Dec-31-20
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
North America	4,367	4,030
EMEA	2,188	2,184	1,833	1,638	1,915	2,017	1,623	1,429
Asia Pacific	1,567	1,566	1,411	1,012	1,374	1,503	1,402	1,077
Latin America	1,378	1,140
Other	2,472	2,405	7,247	6,814	6,753	6,609	5,995	6,105
Total revenues	11,972	11,325	10,491	9,464	10,042	10,129	9,020	8,611
Revenue growth [+]	5.7%	11.8%	16.3%	9.9%	16.1%	41.7%	4.9%	-5.0%
North America	8.4%
EMEA	0.2%	8.3%	12.9%	14.6%	13.1%	66.7%		-6.5%
Asia Pacific	0.1%	4.2%	0.6%	-6.0%	3.0%	27.0%	24.3%	-5.4%
Latin America	20.9%
Bottling Investments	-1.8%	19.6%	7.8%	1.9%	12.9%	37.6%	14.4%	-2.7%
Cost of goods sold	4,912	4,830	4,091	4,088	3,977	3,787	3,505	3,578
Gross profit	7,060	6,495	6,400	5,376	6,065	6,342	5,515	5,033
Gross margin	59.0%	57.4%	61.0%	56.8%	60.4%	62.6%	61.1%	58.4%
Selling, general and administrative [+]	3,321	3,203	2,967	3,336	3,122	3,017	2,669	2,589
General and administrative				3,336				2,589
Equity in earnings	538	392	262	302	455	402	279	204
Other operating expenses	1,338	951	28	368	45	309	124	106
EBITDA [+]		3,055	3,991	2,315	3,715	3,801	3,367	2,972
EBITDA growth	-3.8%	-19.6%	18.5%	-22.1%	20.3%	49.8%	15.5%	6.0%
EBITDA margin	24.5%	27.0%	38.0%	24.5%	37.0%	37.5%	37.3%	34.5%
Depreciation and amortization		322	324	341	362	383	366	430
EBIT [+]	2,939	2,733	3,667	1,974	3,353	3,418	3,001	2,542
EBIT growth	7.5%	-20.0%	22.2%	-22.3%	22.9%	58.5%	17.8%	5.7%
EBIT margin	24.5%	24.1%	35.0%	20.9%	33.4%	33.7%	33.3%	29.5%
Interest expense, net [+]	150	98	104	94	142	709	376	234
Interest expense	374	198	182	165	210	780	442	310
Interest income	224	100	78	71	68	71	66	76
Other income (expense), net	91	-351	-105	1,080	-127	909	138	53
Pre-tax income	2,880	2,284	3,458	2,960	3,084	3,618	2,763	2,361
Income taxes	359	384	665	510	609	994	508	887
Tax rate	12.5%	16.8%	19.2%	17.2%	19.7%	27.5%	18.4%	37.6%
Minority interest	-26	-5	12	36	4	-17	10	18
Net income	2,547	1,905	2,781	2,414	2,471	2,641	2,245	1,456
Net margin	21.3%	16.8%	26.5%	25.5%	24.6%	26.1%	24.9%	16.9%

Basic EPS [+]	$0.59	$0.44	$0.64	$0.56	$0.57	$0.61	$0.52	$0.34
Growth	33.9%	-28.2%	23.2%	65.0%	41.5%	47.8%	-19.4%	-29.0%
Diluted EPS [+]	$0.59	$0.44	$0.64	$0.56	$0.57	$0.61	$0.52	$0.34
Growth	34.1%	-28.1%	23.1%	65.1%	41.5%	47.7%	-19.2%	-28.8%

Dividends per share [+]	$0.46	$0.44	$0.44	$0.42	$0.42	$0.42	$0.42	$0.82
Growth	4.5%	4.7%	4.7%	-48.7%	2.5%	2.5%		2.4%

Shares outstanding (basic) [+]	4,325	4,331	4,332	4,315	4,318	4,313	4,307	4,295
Growth	-0.1%	0.4%	0.6%	0.5%	0.5%	0.4%	0.4%	0.4%
Shares outstanding (diluted) [+]	4,341	4,353	4,357	4,340	4,344	4,338	4,330	4,323
Growth	-0.3%	0.3%	0.6%	0.4%	0.5%	0.5%	0.1%	0.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.