Company Coca Cola (Statement Of Cash Flowsfound below) Identify the MAIN cash flows per...

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Accounting

Company Coca Cola (Statement Of Cash Flowsfound below)

Identify the MAIN cash flows per category of cash flows and compare them with the previous year

Critically evaluate the consolidated statement of cash flows and make recommendations for future improvements.

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions 12 Months Ended
Dec. 31, 2020 Dec. 31, 2019
OPERATING ACTIVITIES
CONSOLIDATED NET INCOME $ 7 768 $ 8 985
Depreciation and amortization 1 536 1 365
Stock-based compensation expense 126 201
Deferred income taxes -18 -280
Equity (income) loss - net of dividends -511 -421
Foreign currency adjustments -88 91
Significant (gains) losses on sales of assets - net -914 -467
Other operating charges 556 127
Other items 699 504
Net change in operating assets and liabilities 690 366
Net cash provided by operating activities 9 844 10 471
INVESTING ACTIVITIES
Purchases of investments -13,583 -4,704
Proceeds from disposals of investments 13 835 6 973
Acquisitions of businesses, equity method investments and nonmarketable securities -1,052 -5,542
Proceeds from disposals of businesses, equity method investments and nonmarkatable securities 189 429
Purchases of property, plant and equipment -1,177 -2,054
Proceeds from disposals of property, plant and equipment 189 978
Other investing activities 122 -56
Net cash provided by (used in) investing activities -1,477 -3,976
FINANCING ACTIVITIES
Issuances of debt 26 934 23 009
Payments of debt -28,796 -24,850
Issuances of stock 647 1 012
Purchases of stock for treasury -118 -1,103
Dividends -7,047 -6,845
Other financing activities 310 -227
Net cash provided by (used in) financing activities -8,070 -9,004
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 76 -72
CASH AND CASH EQUIVALENTS
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents during the year 373 -2,581
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the Beginning of the Year 6 737 9 318
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at the End of the Year 7 110 6 737
Restricted Cash and Restricted Cash Equivalents not included in Cash and Cash Equivalents on Balance Sheet 315 257
Cash and cash equivalents $ 6 795 $ 6 480

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