CHANGES IN EQUITY (Tables)

6 Months Ended

Jul. 01, 2022

The following tables provide a reconciliation of the beginning and ending carrying amounts of total equity, equity attributable to shareowners of The Coca-Cola Company and equity attributable to noncontrolling interests (in millions):


				Shareowners of The Coca-Cola Company
Three Months Ended July 1, 2022	Common Shares Outstanding	Total		Reinvested Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock		Capital Surplus		Treasury Stock		Non-controlling Interests
April 1, 2022	4,331	$	26,841	$	69,969	$	(13,340)	$	1,760	$	18,388	$	(51,932)	$	1,996

Comprehensive income (loss)	—	253		1,905		(1,461)		—		—		—		(191)
Dividends paid/payable to shareowners of The Coca-Cola Company ($0.44 per share)	—	(1,904)		(1,904)		—		—		—		—		—
Dividends paid to noncontrolling interests	—	(7)		—		—		—		—		—		(7)



Purchases of treasury stock	(10)	(677)		—		—		—		—		(677)		—
Impact related to stock-based compensation plans	5	297		—		—		—		193		104		—

July 1, 2022	4,326	$	24,803	$	69,970	$	(14,801)	$	1,760	$	18,581	$	(52,505)	$	1,798


				Shareowners of The Coca-Cola Company
Six Months Ended July 1, 2022	Common Shares Outstanding	Total		Reinvested Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock		Capital Surplus		Treasury Stock		Non-controlling Interests
December 31, 2021	4,325	$	24,860	$	69,094	$	(14,330)	$	1,760	$	18,116	$	(51,641)	$	1,861

Comprehensive income (loss)	—	4,169		4,686		(471)		—		—		—		(46)
Dividends paid/payable to shareowners of The Coca-Cola Company ($0.88 per share)	—	(3,810)		(3,810)		—		—		—		—		—
Dividends paid to noncontrolling interests	—	(16)		—		—		—		—		—		(16)



Purchases of treasury stock	(18)	(1,148)		—		—		—		—		(1,148)		—
Impact related to stock-based compensation plans	19	748		—		—		—		464		284		—
Other activities	—	—		—		—		—		1		—		(1)
July 1, 2022	4,326	$	24,803	$	69,970	$	(14,801)	$	1,760	$	18,581	$	(52,505)	$	1,798


				Shareowners of The Coca-Cola Company
Three Months Ended July 2, 2021	Common Shares Outstanding	Total		Reinvested Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock		Capital Surplus		Treasury Stock		Non-controlling Interests
April 2, 2021	4,311	$	22,332	$	67,009	$	(14,133)	$	1,760	$	17,630	$	(51,911)	$	1,977

Comprehensive income (loss)	—	3,511		2,641		834		—		—		—		36
Dividends paid/payable to shareowners of The Coca-Cola Company ($0.42 per share)	—	(1,812)		(1,812)		—		—		—		—		—
Dividends paid to noncontrolling interests	—	(7)		—		—		—		—		—		(7)




Impact related to stock-based compensation plans	4	231		—		—		—		151		80		—

July 2, 2021	4,315	$	24,255	$	67,838	$	(13,299)	$	1,760	$	17,781	$	(51,831)	$	2,006


				Shareowners of The Coca-Cola Company
Six Months Ended July 2, 2021	Common Shares Outstanding	Total		Reinvested Earnings		Accumulated Other Comprehensive Income (Loss)		Common Stock		Capital Surplus		Treasury Stock		Non-controlling Interests
December 31, 2020	4,302	$	21,284	$	66,555	$	(14,601)	$	1,760	$	17,601	$	(52,016)	$	1,985
Adoption of accounting standards1	—	19		19		—		—		—		—		—
Comprehensive income (loss)	—	6,234		4,886		1,302		—		—		—		46
Dividends paid/payable to shareowners of The Coca-Cola Company ($0.84 per share)	—	(3,622)		(3,622)		—		—		—		—		—
Dividends paid to noncontrolling interests	—	(25)		—		—		—		—		—		(25)



Impact related to stock-based compensation plans	13	365		—		—		—		180		185		—

July 2, 2021	4,315	$	24,255	$	67,838	$	(13,299)	$	1,760	$	17,781	$	(51,831)	$	2,006

1Represents the adoption of Accounting Standards Update 2019-12, Simplifying the Accounting for Income Taxes, effective January 1, 2021.