The Coca-Cola Company (KO) balance sheet
NYSE · Consumer Defensive · Beverages - Non-Alcoholic · 65,900 employees · CEO Henrique Gnani Braun
- Price
- $94.08 +1.36%
- Market cap
- $405B
- Enterprise value
- $433B
- Last report
- Q3 '26 filed 2026-10-28
At the end of Q3 '26 The Coca-Cola Company (KO) held $16.6B in cash and short-term investments against $41.6B of debt incl. leases. Total assets $108B, total liabilities $68.4B, shareholders' equity $37.4B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $9.37B | $10.4B | $13.7B | $13.9B | $10.8B | $8.42B | $9.59B | $12.7B | $10.3B | $10.6B | $12.9B | $13.5B | |
| Short-term investments | $4.3B | $6.48B | $5.29B | $4.23B | $3.74B | $5.37B | $4.71B | $3.05B | $3.6B | $509M | $3.46B | $3.14B | |
| Receivables | $3.41B | $4.24B | $4.55B | $4.23B | $3.57B | $4.09B | $4.17B | $3.95B | $3.04B | $3.68B | $3.73B | $3.57B | |
| Inventory | $4.42B | $4.96B | $4.76B | $4.71B | $4.73B | $5.1B | $5.08B | $4.8B | $4.43B | $4.73B | $4.65B | $4.41B | |
| Other current assets | $5.24B | $3.34B | $3.3B | $3.18B | $3.13B | $3.2B | $3.06B | $2.72B | $9.71B | $10.9B | $5.44B | $8.75B | |
| Current assets | $26.7B | $29.5B | $31.6B | $30.3B | $26B | $26.2B | $26.6B | $27.2B | $31B | $30.4B | $32.9B | $33.3B | |
| Property, plant & equipment (net) | $9.24B | $9.31B | $9.51B | $9.86B | $11.5B | $10.4B | $10.8B | $10.9B | $9.61B | $9.52B | $9.64B | $9.49B | |
| Long-term investments | $19.8B | $20.1B | $19.4B | $19.3B | $19.3B | $19.3B | $19.4B | $20.3B | $20.2B | $20.4B | $20.8B | $20.7B | |
| Goodwill | $18.4B | $18.2B | $18.3B | $18.7B | $18.1B | $18.3B | $18.7B | $18.7B | $15.5B | $15.4B | $15.5B | $15.4B | |
| Intangible assets | $14.9B | $14B | $14B | $14.1B | $13.3B | $13.4B | $13.6B | $13.5B | $12.5B | $12.5B | $12.5B | $12.5B | |
| Deferred tax assets | $1.56B | $1.46B | $1.41B | $1.43B | $1.32B | $1.31B | $1.33B | $1.27B | $1.21B | $1.14B | $1.09B | $1.09B | |
| Other non-current assets | $7.16B | $6.88B | $7.02B | $12.6B | $11B | $12.8B | $14B | $14.1B | $14.7B | $14.9B | $15.6B | $15.5B | |
| Non-current assets | $71B | $69.9B | $69.6B | $76B | $74.6B | $75.5B | $77.7B | $78.8B | $73.8B | $73.8B | $75B | $74.6B | |
| Total assets | $97.7B | $99.4B | $101B | $106B | $101B | $102B | $104B | $106B | $105B | $104B | $108B | $108B | |
| Liabilities | |||||||||||||
| Accounts payable | $15.5B | $19.2B | $21.8B | $23.8B | $21.7B | $16.3B | $17B | $17.7B | $5.65B | $14.4B | $15.4B | $15.6B | |
| Accrued expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.66B | $0 | $0 | $0 | |
| Short-term debt | $6.52B | $7.45B | $5.73B | $3.27B | $2.15B | $5.58B | $4.47B | $4.24B | $3.37B | $4.83B | $6.54B | $5B | |
| Taxes payable | $1.57B | $1.49B | $1.62B | $1.48B | $1.39B | $1.73B | $444M | $568M | $525M | $717M | $782M | $577M | |
| Other current liabilities | -$361M | $191M | $157M | $0 | -$290M | $166M | $0 | $0 | $3.76B | $2.43B | $2.44B | $3.58B | |
| Current liabilities | $23.6B | $28.4B | $29.3B | $28.6B | $25.2B | $23.8B | $21.9B | $22.5B | $21.3B | $22.4B | $25.2B | $24.2B | |
| Long-term debt | $35.5B | $35.1B | $38.1B | $43B | $42.4B | $43.5B | $45B | $43.2B | $42.1B | $39.1B | $37B | $36.6B | |
| Lease obligations (non-current) | $1B | $0 | $0 | $0 | $923M | $0 | $0 | $0 | $1.4B | $0 | $0 | $0 | |
| Deferred tax liabilities | $2.64B | $2.52B | $2.37B | $2.29B | $2.47B | $2.31B | $2.38B | $2.44B | $2.41B | $2.62B | $2.78B | $2.91B | |
| Other non-current liabilities | $7.47B | $5.47B | $4.08B | $4.26B | $3.16B | $4.31B | $4.86B | $4.67B | $3.33B | $4.43B | $4.63B | $4.68B | |
| Non-current liabilities | $46.7B | $43.1B | $44.5B | $49.5B | $48.9B | $50.2B | $52.2B | $50.3B | $49.3B | $46.1B | $44.4B | $44.2B | |
| Total liabilities | $70.2B | $71.4B | $73.8B | $78.1B | $74.2B | $74B | $74.2B | $72.8B | $70.5B | $68.5B | $69.6B | $68.4B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | |
| Retained earnings | $73.8B | $74.9B | $75.2B | $75.9B | $76.1B | $77.2B | $78.8B | $80.3B | $80.4B | $82B | $84.2B | $85.9B | |
| Accumulated other comprehensive income | -$14.3B | -$14.5B | -$15.5B | -$15.5B | -$16.8B | -$16.5B | -$15.8B | -$15B | -$14.1B | -$14B | -$13.6B | -$14.1B | |
| Shareholders' equity | $25.9B | $26.4B | $25.9B | $26.5B | $24.9B | $26.2B | $28.6B | $31.2B | $32.2B | $33.6B | $36.2B | $37.4B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $43.4B | $42.6B | $43.8B | $46.3B | $45.7B | $49.1B | $49.4B | $47.4B | $47.2B | $43.9B | $43.5B | $41.6B | |
| Net debt (debt - cash) | $34.1B | $32.1B | $30.1B | $32.3B | $34.9B | $40.7B | $39.9B | $34.7B | $36.9B | $33.3B | $30.6B | $28.2B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $8.56B | $6.01B | $9.08B | $6.48B | $6.8B | $9.68B | $9.52B | $9.37B | $10.8B | $10.3B | |
| Short-term investments | $13.6B | $14.7B | $7.04B | $4.7B | $4.12B | $2.94B | $2.11B | $4.3B | $3.74B | $3.6B | |
| Receivables | $3.86B | $3.67B | $3.69B | $3.97B | $3.14B | $3.51B | $3.49B | $3.41B | $3.57B | $3.04B | |
| Inventory | $2.68B | $2.66B | $3.07B | $3.38B | $3.27B | $3.41B | $4.23B | $4.42B | $4.73B | $4.43B | |
| Other current assets | $2.8B | $7.55B | $2.06B | $1.89B | $1.92B | $2.99B | $3.24B | $5.24B | $3.13B | $9.71B | |
| Current assets | $34B | $36.5B | $24.9B | $20.4B | $19.2B | $22.5B | $22.6B | $26.7B | $26B | $31B | |
| Property, plant & equipment (net) | $10.6B | $8.2B | $9.6B | $10.8B | $10.8B | $9.92B | $9.84B | $9.24B | $11.5B | $9.61B | |
| Long-term investments | $17.2B | $22B | $20.3B | $19.9B | $20.1B | $18.4B | $18.8B | $19.8B | $19.3B | $20.2B | |
| Goodwill | $10.6B | $9.4B | $14.1B | $16.8B | $17.5B | $19.4B | $18.8B | $18.4B | $18.1B | $15.5B | |
| Intangible assets | $10.5B | $7.24B | $7.48B | $10B | $11B | $15.3B | $14.8B | $14.9B | $13.3B | $12.5B | |
| Deferred tax assets | $3.75B | $2.52B | $2.67B | $2.41B | $2.46B | $2.13B | $1.75B | $1.56B | $1.32B | $1.21B | |
| Other non-current assets | $495M | $2.04B | $4.15B | $6.08B | $6.18B | $6.73B | $6.19B | $7.16B | $11B | $14.7B | |
| Non-current assets | $53.3B | $51.4B | $58.3B | $66B | $68.1B | $71.8B | $70.2B | $71B | $74.6B | $73.8B | |
| Total assets | $87.3B | $87.9B | $83.2B | $86.4B | $87.3B | $94.4B | $92.8B | $97.7B | $101B | $105B | |
| Liabilities | |||||||||||
| Accounts payable | $2.68B | $2.29B | $2.72B | $3.8B | $3.52B | $4.6B | $5.31B | $5.59B | $5.47B | $5.65B | |
| Accrued expenses | $857M | $854M | $918M | $1.02B | $609M | $1.05B | $9.36B | $8.82B | $14.9B | $7.66B | |
| Short-term debt | $16B | $16.5B | $18.8B | $15.5B | $2.99B | $4.96B | $2.77B | $6.52B | $2.15B | $3.37B | |
| Taxes payable | $307M | $410M | $773M | $414M | $788M | $686M | $1.2B | $1.57B | $1.39B | $525M | |
| Other current liabilities | $5.97B | $7.14B | $5.9B | $6.21B | $6.38B | $8.35B | $746M | $719M | $1.1B | $3.76B | |
| Current liabilities | $26.5B | $27.2B | $28.8B | $27B | $14.6B | $20B | $19.7B | $23.6B | $25.2B | $21.3B | |
| Long-term debt | $29.7B | $31.2B | $25.4B | $27.5B | $40.1B | $38.1B | $36.4B | $35.5B | $42.4B | $42.1B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $1.11B | $1.3B | $1.16B | $1.11B | $1B | $923M | $1.4B | |
| Deferred tax liabilities | $3.75B | $2.52B | $2.35B | $2.28B | $1.83B | $2.82B | $2.91B | $2.64B | $2.47B | $2.41B | |
| Other non-current liabilities | $4.08B | $8.02B | $7.65B | $7.4B | $8.15B | $7.45B | $6.81B | $7.47B | $3.16B | $3.33B | |
| Non-current liabilities | $37.5B | $41.7B | $35.4B | $38.3B | $51.4B | $49.5B | $47.2B | $46.7B | $48.9B | $49.3B | |
| Total liabilities | $64.1B | $68.9B | $64.2B | $65.3B | $66B | $69.5B | $66.9B | $70.2B | $74.2B | $70.5B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | $1.76B | |
| Retained earnings | $65.5B | $60.4B | $63.2B | $65.8B | $66.6B | $69.1B | $71B | $73.8B | $76.1B | $80.4B | |
| Accumulated other comprehensive income | -$11.2B | -$10.3B | -$12.8B | -$13.5B | -$14.6B | -$14.3B | -$14.9B | -$14.3B | -$16.8B | -$14.1B | |
| Shareholders' equity | $23.1B | $17.1B | $17B | $19B | $19.3B | $23B | $24.1B | $25.9B | $24.9B | $32.2B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $45.7B | $47.7B | $44.2B | $44.2B | $44.7B | $44.5B | $40.6B | $43.4B | $45.7B | $47.2B | |
| Net debt (debt - cash) | $37.2B | $41.7B | $35.1B | $37.7B | $37.9B | $34.9B | $31.1B | $34.1B | $34.9B | $36.9B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-10-02, 10-Q 2026-07-03, 10-Q 2026-04-03, 10-K 2025-12-31, 10-Q 2025-09-26, 10-Q 2025-06-27, 10-Q 2025-03-28, 10-K 2024-12-31, 10-Q 2024-09-27
Data as of 2026-11-01