Coca-Cola has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report, audited by Banks, Finley, White & Co., states that the Coca-Cola Company 401(k) Plan's financial statements present fairly the net assets available for benefits as of December 31, 2023, and 2022, and the changes in net assets available for benefits for the year ended December 31, 2023, in conformity with U.S. GAAP. The Plan's net assets available for benefits increased by $97,536,064 to $3,492,915,570 at the end of 2023, compared to $3,395,379,506 at the end of 2022. The increase is attributed to investment income, participant contributions, and transfers from other plans, offset by distributions to participants and administrative expenses. The Plan was amended to merge with The Coca...Show More

Coca-Cola has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report, audited by Banks, Finley, White & Co., states that the Coca-Cola Company 401(k) Plan's financial statements present fairly the net assets available for benefits as of December 31, 2023, and 2022, and the changes in net assets available for benefits for the year ended December 31, 2023, in conformity with U.S. GAAP. The Plan's net assets available for benefits increased by $97,536,064 to $3,492,915,570 at the end of 2023, compared to $3,395,379,506 at the end of 2022. The increase is attributed to investment income, participant contributions, and transfers from other plans, offset by distributions to participants and administrative expenses. The Plan was amended to merge with The Coca-Cola Bottling Company of New York Inc. Sodasystems Savings and Retirement Plan and the BodyArmor 401(k) Plan during the year. The Plan's investments are stated at fair value and include retirement target date funds, equity and fixed income index funds, actively managed equity and fixed income funds, synthetic guaranteed investment contracts, and common stock of The Coca-Cola Company. The Plan is subject to the Employee Retirement Income Security Act of 1974 (ERISA) and is administered by The Coca-Cola Company Benefits Committee.