COCA COLA CO (KO) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Net Operating Revenues	38,655	33,014	37,266	31,856	35,410	41,863	44,294	45,998
Net Operating Revenues growth	17.1%	-11.4%	17.0%	-10.0%	-15.4%	-5.5%	-3.7%	-1.8%
Gross Profit	23,298	19,581	22,647	20,086	22,155	25,398	26,812	28,109
Gross margin	60.3%	59.3%	60.8%	63.1%	62.6%	60.7%	60.5%	61.1%
Selling, general and administrative expenses	12,144	9,731	12,103	10,307	12,654	15,370	16,427	17,218
Other operating charges	846	853	458	1,079	1,902	1,371
Operating Income	10,308	8,997	10,086	8,700	7,599	8,657	8,728	9,708
Operating margin	26.7%	27.3%	27.1%	27.3%	21.5%	20.7%	19.7%	21.1%
Interest income	276	370	563	682	677	642	613	594
Interest expense	-1,597.0	-1,437.0	-946.0	-919.0	-841.0	-733.0	-856.0	-483.0
Equity income (loss) — net	1,438	978	1,049	1,008	1,071	835	489	769
Other income (loss) — net	2,000	841	34	-1,121	-1,764	-1,265	631	-1,263
Income Before Income Taxes	12,425	9,749	10,786	8,350	6,742	8,136	9,605	9,325
Income taxes	2,621	1,981	1,801	1,623	5,560	1,586	2,239	2,201
Consolidated Net Income	9,804	7,768	8,985	13,203	1,283	6,550	7,366	7,124
Net Income (Loss) Attributable to Noncontrolling Interest	33	21	65	42	35	23	15	26
Net Income Attributable to Shareowners of The Coca-Cola Company	9,771	7,747	8,920	6,434	1,248	6,527	7,351	7,098

Basic Net Income Per Share1	$2.26	$1.80	$2.09	$1.51	$0.29	$1.51	$1.69	$1.62
Diluted Net Income Per Share1	$2.25	$1.79	$2.07	$1.50	$0.29	$1.49	$1.67	$1.60

Average Shares Outstanding — Basic	4,315	4,295	4,276	4,259	4,272	4,317	4,352	4,387
Effect of dilutive securities	25	28	38	40	52	50	53	63
Average Shares Outstanding — Diluted	4,340	4,323	4,314	4,299	4,324	4,367	4,405	4,450