Coca-Cola Files 8-K on Financials and Debt Instruments

TL;DR

**KO filed a routine 8-K updating financial results and detailing its existing debt notes with various interest rates and maturities.**

AI Summary

The Coca-Cola Co. filed an 8-K on February 13, 2024, detailing its results of operations and financial condition, along with financial statements and exhibits. The filing specifically listed various outstanding debt instruments, including notes with interest rates ranging from 0.400% to 10.000% and maturity dates extending from 2024 to 2041. This routine disclosure provides an update on the company's financial structure and obligations.

Why It Matters

This filing provides transparency into Coca-Cola's financial health and its long-term debt obligations, which is crucial for investors to assess the company's solvency and future cash flow commitments. Understanding these details helps stakeholders evaluate the company's capital structure and risk profile.

Risk Assessment

Risk Level: low — This appears to be a standard disclosure of financial results and existing debt instruments, not indicating any new, significant, or unexpected risks.

Key Numbers

• 0.400% — Lowest Interest Rate (Notes due 2030)
• 10.000% — Highest Interest Rate (Notes due 2041)
• 2024 — Earliest Maturity Year (0.500% Notes)
• 2041 — Latest Maturity Year (10.000% Notes)

Key Players & Entities

• COCA COLA CO (company) — filer
• 0.500% Notes (dollar_amount) — debt instrument due 2024
• 1.875% Notes (dollar_amount) — debt instrument due 2026
• 10.000% Notes (dollar_amount) — debt instrument due 2041
• February 13, 2024 (date) — filing date

FAQ

From the Filing

0000021344-24-000004.txt : 20240213 0000021344-24-000004.hdr.sgml : 20240213 20240213065758 ACCESSION NUMBER: 0000021344-24-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20240213 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COCA COLA CO CENTRAL INDEX KEY: 0000021344 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 580628465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02217 FILM NUMBER: 24622544 BUSINESS ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 BUSINESS PHONE: 404-676-2121 MAIL ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 8-K 1 ko-20240213.htm 8-K ko-20240213 0000021344 False 0000021344 2024-02-13 2024-02-13 0000021344 ko:CommonStock0.25ParValueMember 2024-02-13 2024-02-13 0000021344 ko:A0.500NotesDue2024Member 2024-02-13 2024-02-13 0000021344 ko:A1.875NotesDue2026Member 2024-02-13 2024-02-13 0000021344 ko:A0.750NotesDue2026Member 2024-02-13 2024-02-13 0000021344 ko:A1.125NotesDue2027Member 2024-02-13 2024-02-13 0000021344 ko:A125NotesDue2029KO29AMember 2024-02-13 2024-02-13 0000021344 ko:A125NotesDue2029KO29BMember 2024-02-13 2024-02-13 0000021344 ko:A0400NotesDue2030Member 2024-02-13 2024-02-13 0000021344 ko:A1.250NotesDue2031Member 2024-02-13 2024-02-13 0000021344 ko:A375NotesDue2033Member 2024-02-13 2024-02-13 0000021344 ko:A500NotesDue2033Member 2024-02-13 2024-02-13 0000021344 ko:A1.625NotesDue2035Member 2024-02-13 2024-02-13 0000021344 ko:A1.100NotesDue2036Member 2024-02-13 2024-02-13 0000021344 ko:A0950NotesDue2036Member 2024-02-13 2024-02-13 0000021344 ko:A800NotesDue2040Member 2024-02-13 2024-02-13 0000021344 ko:A1000NotesDue2041Member 2024-02-13 2024-02-13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 13, 2024 COCA COLA CO (Exact name of Registrant as specified in its charter) Delaware 001-02217 58-0628465 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One Coca-Cola Plaza Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 404 ) 676-2121 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange 0.500% Notes Due 2024 KO24 New York Stock Exchange 1.875% Notes Due 2026 KO26 New York Stock Exchange 0.750% Notes Due 2026 KO26C New York Stock Exchange 1.125% Notes Due 2027 KO27 New York Stock Exchange 0.125% Notes Due 2029 KO29A New York Stock Exchange 0.125% Notes Due 2029 KO29B New York Stock Exchange 0.400% Notes Due 2030 KO30B New York Stock Exchange 1.250% Notes Due 2031 KO31 New York Stock Exchange 0.375% Notes Due 2033 KO33 New York Stock Exchange 0.500% Notes Due 2033 KO33A New York Stock Exchange 1.625% Notes Due 2035 KO35 New York Stock Exchange 1.100% Notes Due 2036 KO36 New Yo