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:
EMEA		7,570	7,403	7,193	6,984	6,762	5,955
Asia Pacific		5,363	5,300	5,291	5,356	5,316	4,996	4,722
Other		23,219	27,423	26,171	25,462	24,334	22,482	20,180
Total revenues		41,322	40,126	38,655	37,802	36,412	33,433	33,014
Revenue growth [+]		13.5%	20.0%	17.1%	12.9%	6.1%	-10.1%	-11.4%
EMEA		11.9%	24.3%
Asia Pacific		0.9%	6.1%	12.0%	12.0%	8.2%	-5.2%	-11.4%
Bottling Investments		10.2%	13.0%	15.0%	13.5%	6.9%	-10.8%	-15.8%
Cost of goods sold		16,986	15,943	15,357	14,847	14,341	13,567	13,433
Gross profit		24,336	24,183	23,298	22,955	22,071	19,866	19,581
Gross margin		58.9%	60.3%	60.3%	60.7%	60.6%	59.4%	59.3%
Selling, general and administrative [+]		12,628	12,442	12,144	11,397	10,786	9,752	9,731
Sales and marketing		9,292	9,106		8,808	8,197	7,163
General and administrative				3,336				2,589
Equity in earnings		1,411	1,421	1,438	1,340	1,316	1,090	978
Other operating expenses		1,392	750	846	584	911	775	853
EBITDA [+]		13,076	13,822	13,198	13,855	13,227	11,964	11,511
EBITDA growth		-1.1%	15.5%	14.7%	22.1%	15.4%	-4.8%	-7.9%
EBITDA margin		31.6%	34.4%	34.1%	36.7%	36.3%	35.8%	34.9%
Depreciation and amortization		1,349	1,410	1,452	1,541	1,537	1,535	1,536
EBIT [+]		11,727	12,412	11,746	12,314	11,690	10,429	9,975
EBIT growth		0.3%	19.0%	17.8%	25.2%	17.4%	-6.2%	-10.4%
EBIT margin		28.4%	30.9%	30.4%	32.6%	32.1%	31.2%	30.2%
Interest expense, net [+]		438	1,049	1,321	1,461	1,897	1,362	1,067
Interest expense		755	1,337	1,597	1,742	2,192	1,686	1,437
Interest income		317	288	276	281	295	324	370
Other income (expense), net		497	1,757	2,000	973	1,130	435	841
Pre-tax income		11,786	13,120	12,425	11,826	10,923	9,502	9,749
Income taxes		2,168	2,778	2,621	2,998	2,830	2,274	1,981
Tax rate		18.4%	21.2%	21.1%	25.4%	25.9%	23.9%	20.3%
Minority interest		47	35	33	15	14	11	21
Net income		9,571	10,307	9,771	8,813	8,079	7,217	7,747
Net margin		23.2%	25.7%	25.3%	23.3%	22.2%	21.6%	23.5%

Basic EPS [+]		$2.21	$2.39	$2.27	$2.05	$1.88	$1.68	$1.80
Growth		17.9%	42.1%	25.6%	5.3%	-12.4%	-28.3%	-13.5%
Diluted EPS [+]		$2.20	$2.37	$2.25	$2.03	$1.87	$1.67	$1.79
Growth		17.9%	42.1%	25.6%	5.4%	-12.3%	-28.1%	-13.3%

Dividends per share [+]	$0.00	$0.44	$1.70	$1.68	$2.08	$2.07	$2.06	$1.64
Growth	-100.0%	-78.7%	-17.4%	2.4%	28.4%	28.6%	28.8%	2.5%

Shares outstanding (basic) [+]		4,324	4,320	4,313	4,308	4,303	4,298	4,294
Growth		0.5%	0.5%	0.5%	0.4%	0.4%	0.5%	0.5%
Shares outstanding (diluted) [+]		4,349	4,345	4,338	4,334	4,328	4,323	4,321
Growth		0.5%	0.5%	0.4%	0.3%	0.2%	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.