The following tables present OCI attributable to shareowners of The Coca-Cola Company, including our proportionate share of equity method investees’ OCI (in millions): | | | | | | | | | | | | | Three Months Ended October 2, 2026 | Before-Tax Amount | Income Tax | After-Tax Amount | | Foreign currency translation adjustments: | | | | | Translation adjustments arising during the period | $ | (458) | | $ | 83 | | $ | (375) | | | | | | | Gains (losses) on intra-entity transactions that are of a long-term investment nature | (387) | | — | | (387) | | Gains (losses) on net investment hedges arising during the period1 | 186 | | (45) | | 141 | | | | | | | Net foreign currency translation adjustments | $ | (659) | | $ | 38 | | $ | (621) | | | Derivatives: | | | | | Gains (losses) arising during the period | $ | 52 | | $ | (25) | | $ | 27 | | | Reclassification adjustments recognized in net income | 65 | | (15) | | 50 | | Net gains (losses) on derivatives1 | $ | 117 | | $ | (40) | | $ | 77 | | | Available-for-sale debt securities: | | | | | Unrealized gains (losses) arising during the period | $ | (4) | | $ | (4) | | $ | (8) | | | Reclassification adjustments recognized in net income | 1 | | — | | 1 | | Net change in unrealized gains (losses) on available-for-sale debt securities2 | $ | (3) | | $ | (4) | | $ | (7) | | | Pension and other postretirement benefit liabilities: | | | | | Net pension and other postretirement benefit liabilities arising during the period | $ | (83) | | $ | 8 | | $ | (75) | | | Reclassification adjustments recognized in net income | 188 | | (26) | | 162 | | | Net change in pension and other postretirement benefit liabilities | $ | 105 | | $ | (18) | | $ | 87 | | Other comprehensive income (loss) attributable to shareowners of The Coca-Cola Company | $ | (440) | | $ | (24) | | $ | (464) | |
1Refer to Note 6 for additional information related to the net gains or losses on derivative instruments. 2Refer to Note 4 for additional information related to the net unrealized gains or losses on available-for-sale debt securities. | | | | | | | | | | | | | Nine Months Ended October 2, 2026 | Before-Tax Amount | Income Tax | After-Tax Amount | | Foreign currency translation adjustments: | | | | | Translation adjustments arising during the period | $ | 264 | | $ | 74 | | $ | 338 | | | | | | | Gains (losses) on intra-entity transactions that are of a long-term investment nature | (1,048) | | — | | (1,048) | | Gains (losses) on net investment hedges arising during the period1 | 572 | | (138) | | 434 | | | | | | | Net foreign currency translation adjustments | $ | (212) | | $ | (64) | | $ | (276) | | | Derivatives: | | | | | Gains (losses) arising during the period | $ | 107 | | $ | (38) | | $ | 69 | | | Reclassification adjustments recognized in net income | 183 | | (44) | | 139 | | Net gains (losses) on derivatives1 | $ | 290 | | $ | (82) | | $ | 208 | | | Available-for-sale debt securities: | | | | | Unrealized gains (losses) arising during the period | $ | (24) | | $ | 1 | | $ | (23) | | | Reclassification adjustments recognized in net income | 2 | | — | | 2 | | Net change in unrealized gains (losses) on available-for-sale debt securities2 | $ | (22) | | $ | 1 | | $ | (21) | | | Pension and other postretirement benefit liabilities: | | | | | Net pension and other postretirement benefit liabilities arising during the period | $ | (70) | | $ | 5 | | $ | (65) | | | Reclassification adjustments recognized in net income | 231 | | (36) | | 195 | | | Net change in pension and other postretirement benefit liabilities | $ | 161 | | $ | (31) | | $ | 130 | | Other comprehensive income (loss) attributable to shareowners of The Coca-Cola Company | $ | 217 | | $ | (176) | | $ | 41 | |
1Refer to Note 6 for additional information related to the net gains or losses on derivative instruments. 2Refer to Note 4 for additional information related to the net unrealized gains or losses on available-for-sale debt securities. | | | | | | | | | | | | | Three Months Ended September 26, 2025 | Before-Tax Amount | Income Tax | After-Tax Amount | | Foreign currency translation adjustments: | | | | | Translation adjustments arising during the period | $ | 482 | | $ | (96) | | $ | 386 | | | Reclassification adjustments recognized in net income | 38 | | — | | 38 | | | Gains (losses) on intra-entity transactions that are of a long-term investment nature | (39) | | — | | (39) | | Gains (losses) on net investment hedges arising during the period1 | 35 | | (8) | | 27 | | | | | | Reclassification to noncontrolling interests2 | 226 | | — | | 226 | | | Net foreign currency translation adjustments | $ | 742 | | $ | (104) | | $ | 638 | | | Derivatives: | | | | | Gains (losses) arising during the period | $ | 80 | | $ | (12) | | $ | 68 | | | Reclassification adjustments recognized in net income | 112 | | (28) | | 84 | | Net gains (losses) on derivatives1 | $ | 192 | | $ | (40) | | $ | 152 | | | Available-for-sale debt securities: | | | | | Unrealized gains (losses) arising during the period | $ | 12 | | $ | (4) | | $ | 8 | | | Reclassification adjustments recognized in net income | 1 | | — | | 1 | | Net change in unrealized gains (losses) on available-for-sale debt securities3 | $ | 13 | | $ | (4) | | $ | 9 | | | Pension and other postretirement benefit liabilities: | | | | | Net pension and other postretirement benefit liabilities arising during the period | $ | (10) | | $ | (1) | | $ | (11) | | | Reclassification adjustments recognized in net income | 24 | | (6) | | 18 | | | Net change in pension and other postretirement benefit liabilities | $ | 14 | | $ | (7) | | $ | 7 | | Other comprehensive income (loss) attributable to shareowners of The Coca-Cola Company | $ | 961 | | $ | (155) | | $ | 806 | |
1Refer to Note 6 for additional information related to the net gains or losses on derivative instruments. 2Refer to Note 11 for additional information related to the noncontrolling interest in our bottling operations in India. 3Refer to Note 4 for additional information related to the net unrealized gains or losses on available-for-sale debt securities. | | | | | | | | | | | | | Nine Months Ended September 26, 2025 | Before-Tax Amount | Income Tax | After-Tax Amount | | Foreign currency translation adjustments: | | | | | Translation adjustments arising during the period | $ | 585 | | $ | (189) | | $ | 396 | | | Reclassification adjustments recognized in net income | 72 | | (2) | | 70 | | | Gains (losses) on intra-entity transactions that are of a long-term investment nature | 2,872 | | — | | 2,872 | | Gains (losses) on net investment hedges arising during the period1 | (1,710) | | 427 | | (1,283) | | | | | | Reclassification to noncontrolling interests2 | 226 | | — | | 226 | | | Net foreign currency translation adjustments | $ | 2,045 | | $ | 236 | | $ | 2,281 | | | Derivatives: | | | | | Gains (losses) arising during the period | $ | (679) | | $ | 175 | | $ | (504) | | | Reclassification adjustments recognized in net income | 73 | | (18) | | 55 | | Net gains (losses) on derivatives1 | $ | (606) | | $ | 157 | | $ | (449) | | | Available-for-sale debt securities: | | | | | Unrealized gains (losses) arising during the period | $ | 44 | | $ | (14) | | $ | 30 | | | Reclassification adjustments recognized in net income | 2 | | — | | 2 | | Net change in unrealized gains (losses) on available-for-sale debt securities3 | $ | 46 | | $ | (14) | | $ | 32 | | | Pension and other postretirement benefit liabilities: | | | | | Net pension and other postretirement benefit liabilities arising during the period | $ | (49) | | $ | 13 | | $ | (36) | | | Reclassification adjustments recognized in net income | 83 | | (20) | | 63 | | | Net change in pension and other postretirement benefit liabilities | $ | 34 | | $ | (7) | | $ | 27 | | Other comprehensive income (loss) attributable to shareowners of The Coca-Cola Company | $ | 1,519 | | $ | 372 | | $ | 1,891 | |
1Refer to Note 6 for additional information related to the net gains or losses on derivative instruments. 2Refer to Note 11 for additional information related to the noncontrolling interest in our bottling operations in India. 3Refer to Note 4 for additional information related to the net unrealized gains or losses on available-for-sale debt securities.
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