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KOCoca-Cola

Consumer staples · Beverages · NYSE

The Coca-Cola Company is a total beverage company, and beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries and territories. 10-K, Item 1

Headquarters
Atlanta, GA
CEO
James Quincey
Next results
around Feb 9, 2027
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What the 10-K filed 2026-02-20 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-20.

Big customers

1 new

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

New “No bottlers or customers represented 10% or more of our net operating revenues for the years ended December 31, 2024 and 2023.”

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Key suppliers

Parts or manufacturing that depend on one or a few suppliers.

“Some of the raw materials and supplies used in the production of our products are available from a limited number of suppliers, or from a sole supplier, or are in short supply when seasonal demand is at its peak.”

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Lawsuits and legal claims

1 new

Pending cases, settlements and what the company has set aside for them.

“On December 20, 2002, the Company filed a lawsuit (The Coca-Cola Company v.”

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“The Company anticipated that a final settlement with three of those insurers (“Chartis insurers”) would be finalized in May 2011, but the Chartis insurers repudiated their settlement commitments and, as a result, Aqua-Chem and the Company filed suit against them in Wisconsin state court to enforce the coverage-in-place settlement or, in the alternative, to obtain a declaratory judgment validating Aqua-Chem and the Company’s interpretation of the court’s judgment in the Wisconsin insurance coverage litigation.”

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“On November 27, 2013, the Chartis insurers filed a petition for review in the Supreme Court of Wisconsin, and on December 11, 2013, the Company filed its opposition to that petition.”

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New “In addition, other operating charges included $15 million for the amortization of noncompete agreements related to the BodyArmor acquisition in 2021, $12 million of transaction costs related to our divestiture activities and $10 million related to tax litigation expense.”

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“In addition, other operating charges included $27 million related to the restructuring of our North America operating unit, $15 million for the amortization of noncompete agreements related to the BodyArmor acquisition and $8 million related to tax litigation expense.”

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Guarantees and indemnities

3 new

Promises to pay someone else's debts or losses if they cannot.

New “Additionally, other operating charges included $44 million related to the impairment of a trademark in Latin America, $41 million related to the impairment of a trademark and property, plant and equipment in Asia Pacific and $35 million related to an indemnification”

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New “In addition, other operating charges included $15 million for the amortization of noncompete agreements related to the BodyArmor acquisition, $13 million related to an indemnification agreement entered into as a part of the refranchising of certain of our bottling operations and $9 million of transaction costs related to our divestiture activities.”

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“Our Company’s investments, plus any loans and guarantees, and other subordinated financial support related to these VIEs totaled $1,676 million and $1,680 million as of December 31, 2025 and 2024, respectively, representing our maximum exposures to loss.”

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“Our Company’s investments, plus any loans and guarantees, related to these VIEs totaled $89 million and $87 million as of December 31, 2025 and 2024, respectively, representing our maximum exposures to loss.”

Read it in the 10-K ↗

New “Additionally, other operating charges included $44 million related to the impairment of a trademark in our Latin America operating segment, $41 million related to the impairment of a trademark and property, plant and equipment in our Asia Pacific operating segment and $35 million related to an indemnification agreement entered into as a part of the refranchising of certain of our bottling operations.”

Read it in the 10-K ↗

Debt covenants

Conditions in loan agreements that, if broken, can make debt due early.

No specific sentence about this in the 10-K.

Commitments off the balance sheet

Contracts the company must pay for later: purchase obligations, take-or-pay deals.

No specific sentence about this in the 10-K.

Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗

Work on KO in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/KO/export.csv") into a cell.