| Changes in Equity |
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 3, 2026 | Common Shares Outstanding | Total | Reinvested Earnings | Accumulated Other Comprehensive Income (Loss) | Common Stock | Capital Surplus | Treasury Stock | Non-controlling Interests | | April 3, 2026 | 4,303 | | $ | 35,734 | | $ | 82,026 | | $ | (14,040) | | $ | 1,760 | | $ | 20,634 | | $ | (56,747) | | $ | 2,101 | | | | | | | | | | | | Comprehensive income (loss) | — | | 4,908 | | 4,425 | | 414 | | — | | — | | — | | 69 | | Dividends paid/payable to shareowners of The Coca-Cola Company ($0.53 per share) | — | | (2,282) | | (2,282) | | — | | — | | — | | — | | — | | Dividends paid to noncontrolling interests | — | | (5) | | — | | — | | — | | — | | — | | (5) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Purchases of treasury stock | (2) | | (188) | | — | | — | | — | | — | | (188) | | — | | | Impact related to stock-based compensation plans | 2 | | 148 | | — | | — | | — | | 107 | | 41 | | — | | | | | | | | | | | | | | | | | | | | | July 3, 2026 | 4,303 | | $ | 38,315 | | $ | 84,169 | | $ | (13,626) | | $ | 1,760 | | $ | 20,741 | | $ | (56,894) | | $ | 2,165 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Shareowners of The Coca-Cola Company | | | Six Months Ended July 3, 2026 | Common Shares Outstanding | Total | Reinvested Earnings | Accumulated Other Comprehensive Income (Loss) | Common Stock | Capital Surplus | Treasury Stock | Non-controlling Interests | | December 31, 2025 | 4,302 | | $ | 34,275 | | $ | 80,382 | | $ | (14,131) | | $ | 1,760 | | $ | 20,581 | | $ | (56,423) | | $ | 2,106 | | | | | | | | | | | | Comprehensive income (loss) | — | | 8,921 | | 8,349 | | 505 | | — | | — | | — | | 67 | | Dividends paid/payable to shareowners of The Coca-Cola Company ($1.06 per share) | — | | (4,562) | | (4,562) | | — | | — | | — | | — | | — | | | Dividends paid to noncontrolling interests | — | | (8) | | — | | — | | — | | — | | — | | (8) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Purchases of treasury stock | (7) | | (549) | | — | | — | | — | | — | | (549) | | — | | | Impact related to stock-based compensation plans | 8 | | 238 | | — | | — | | — | | 160 | | 78 | | — | | | | | | | | | | | | | | | | | | | | | July 3, 2026 | 4,303 | | $ | 38,315 | | $ | 84,169 | | $ | (13,626) | | $ | 1,760 | | $ | 20,741 | | $ | (56,894) | | $ | 2,165 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Shareowners of The Coca-Cola Company | | | Three Months Ended June 27, 2025 | Common Shares Outstanding | Total | Reinvested Earnings | Accumulated Other Comprehensive Income (Loss) | Common Stock | Capital Surplus | Treasury Stock | Non-controlling Interests | | March 28, 2025 | 4,304 | | $ | 27,754 | | $ | 77,189 | | $ | (16,482) | | $ | 1,760 | | $ | 19,873 | | $ | (56,138) | | $ | 1,552 | | | | | | | | | | | | Comprehensive income (loss) | — | | 4,573 | | 3,810 | | 724 | | — | | — | | — | | 39 | | Dividends paid/payable to shareowners of The Coca-Cola Company ($0.51 per share) | — | | (2,196) | | (2,196) | | — | | — | | — | | — | | — | | | Dividends paid to noncontrolling interests | — | | (7) | | — | | — | | — | | — | | — | | (7) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contributions by noncontrolling interests | — | | 13 | | — | | — | | — | | — | | — | | 13 | | | Purchases of treasury stock | (1) | | (81) | | — | | — | | — | | — | | (81) | | — | | | Impact related to stock-based compensation plans | 1 | | 126 | | — | | — | | — | | 97 | | 29 | | — | | | | | | | | | | | | June 27, 2025 | 4,304 | | $ | 30,182 | | $ | 78,803 | | $ | (15,758) | | $ | 1,760 | | $ | 19,970 | | $ | (56,190) | | $ | 1,597 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Shareowners of The Coca-Cola Company | | | Six Months Ended June 27, 2025 | Common Shares Outstanding | Total | Reinvested Earnings | Accumulated Other Comprehensive Income (Loss) | Common Stock | Capital Surplus | Treasury Stock | Non-controlling Interests | | December 31, 2024 | 4,302 | | $ | 26,372 | | $ | 76,054 | | $ | (16,843) | | $ | 1,760 | | $ | 19,801 | | $ | (55,916) | | $ | 1,516 | | | | | | | | | | | | Comprehensive income (loss) | — | | 8,302 | | 7,140 | | 1,085 | | — | | — | | — | | 77 | | Dividends paid/payable to shareowners of The Coca-Cola Company ($1.02 per share) | — | | (4,391) | | (4,391) | | — | | — | | — | | — | | — | | | Dividends paid to noncontrolling interests | — | | (9) | | — | | — | | — | | — | | — | | (9) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contributions by noncontrolling interests | — | | 13 | | — | | — | | — | | — | | — | | 13 | | | Purchases of treasury stock | (5) | | (360) | | — | | — | | — | | — | | (360) | | — | | | Impact related to stock-based compensation plans | 7 | | 255 | | — | | — | | — | | 169 | | 86 | | — | | | | | | | | | | | | June 27, 2025 | 4,304 | | $ | 30,182 | | $ | 78,803 | | $ | (15,758) | | $ | 1,760 | | $ | 19,970 | | $ | (56,190) | | $ | 1,597 | |
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