Business Context and Reporting Period
Company: The Coca-Cola Company
Filing Type: Form 8-K (Current Report)
Date of Report: April 23, 2010
Context: This filing serves as a Regulation FD disclosure regarding supplemental financial information. The Company announced during its 2010 first-quarter investor conference call that it would provide data showing how 2009 quarterly and full-year results would have been affected by accounting guidance changes implemented on January 1, 2010.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document solely references the availability of supplemental financial information in Exhibit 99.1, which details the impact of accounting changes on prior period data.
Material Changes
Accounting Guidance Implementation: The Company implemented changes in accounting guidance effective January 1, 2010. This filing discloses the intent to provide retrospective data for 2009 periods to illustrate the impact of these changes on consolidated statements of income and operating segment data.
Guidance, Outlook, and Risks
Management Commentary: The supplemental information is available on the Company's website in the "Investors" section.
Legal Status of Information: The information contained in this Form 8-K and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. It is not subject to the liabilities of that section and is not incorporated by reference into other Company filings unless expressly stated.
Investor Verification Checklist
- Verify the specific quantitative impact of the January 1, 2010 accounting changes on 2009 financial results by reviewing Exhibit 99.1 on the Company's website.
- Confirm that the supplemental data is not considered "filed" under Section 18 of the Exchange Act for liability purposes.
- Review the 2010 first-quarter investor conference call transcript for additional context on the accounting changes.