Coca-Cola Consolidated Inc
For the period ended Sep 27, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2024 · Filed Oct 30, 2024
COKE$214.28+3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except share data) | September 27, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $1,236,006 | $635,269 |
| Short-term investments | 215,044 | — |
| Accounts receivable, trade | 572,859 | 555,933 |
| Allowance for doubtful accounts | (16,158) | (16,060) |
| Accounts receivable from The Coca‑Cola Company | 88,447 | 51,936 |
| Accounts receivable, other | 46,833 | 67,533 |
| Inventories | 334,681 | 321,932 |
| Prepaid expenses and other current assets | 93,421 | 88,585 |
| Total current assets | 2,571,133 | 1,705,128 |
| Property, plant and equipment, net | 1,454,746 | 1,320,563 |
| Right-of-use assets - operating leases | 102,330 | 122,708 |
| Leased property under financing leases, net | 3,550 | 4,785 |
| Other assets | 170,304 | 145,213 |
| Goodwill | 165,903 | 165,903 |
| Distribution agreements, net | 798,475 | 817,143 |
| Customer lists, net | 6,283 | 7,499 |
| Total assets | $5,272,724 | $4,288,942 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Current portion of obligations under operating leases | $22,323 | $26,194 |
| Current portion of obligations under financing leases | 2,635 | 2,487 |
| Accounts payable, trade | 346,997 | 383,562 |
| Accounts payable to The Coca‑Cola Company | 229,181 | 139,499 |
| Other accrued liabilities | 276,743 | 237,994 |
| Accrued compensation | 141,074 | 146,932 |
| Dividends payable | 21,902 | 154,666 |
| Total current liabilities | 1,040,855 | 1,091,334 |
| Deferred income taxes | 110,510 | 128,435 |
| Pension and postretirement benefit obligations | 61,615 | 60,614 |
| Other liabilities | 900,076 | 866,499 |
| Noncurrent portion of obligations under operating leases | 85,863 | 102,271 |
| Noncurrent portion of obligations under financing leases | 3,036 | 5,032 |
| Long-term debt | 1,785,782 | 599,159 |
| Total liabilities | 3,987,737 | 2,853,344 |
| Commitments and Contingencies | ||
| Equity: | ||
| Common Stock, $1.00 par value: 30,000,000 shares authorized; 10,832,748 and 11,431,367 shares issued, respectively | 10,833 | 11,431 |
| Class B Common Stock, $1.00 par value: 10,000,000 shares authorized; 1,632,810 shares issued | 1,633 | 1,633 |
| Additional paid-in capital | 135,953 | 135,953 |
| Retained earnings | 1,216,235 | 1,352,111 |
| Accumulated other comprehensive loss | (3,952) | (4,276) |
| Treasury stock, at cost: Common Stock – 3,076,765 and 3,062,374 shares, respectively | (75,306) | (60,845) |
| Treasury stock, at cost: Class B Common Stock – 628,114 shares | (409) | (409) |
| Total equity | 1,284,987 | 1,435,598 |
| Total liabilities and equity | $5,272,724 | $4,288,942 |
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