KO · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

COCA COLA CO · 2026-07-29 · Importance 49 · Surprise 6 · From source text

Cash, cash equivalents, short-term investments and marketable securities totaled $16.4 billion as of July 3, 2026. The Company also had $6.6 billion of unused backup credit lines for general corporate purposes, with maturities extending through 2031. Supplier payment terms are generally 120 days, and the Company expects continued access to commercial paper and long-term debt markets at reasonable rates.

Key facts

• The Company had $6.6 billion in unused backup lines of credit for general corporate purposes as of July 3, 2026 that expire at various times through 2031.
• Net cash used in financing activities during the six months ended July 3, 2026 was $6,535 million, and net cash provided by financing activities during the six months ended June 27, 2025 was $52 million.
• The Company’s cash, cash equivalents, short-term investments and marketable securities totaled $16.4 billion as of July 3, 2026.
• Other investing activities cash inflow was $241 million during the six months ended July 3, 2026 and $124 million during the six months ended June 27, 2025.
• During the six months ended June 27, 2025 the Company had issuances of debt of $5,320 million consisting of $1,547 million of net issuances of commercial paper and short-term debt with maturities of 90 days or less, $3,205 million of issuances of commercial paper and short-term debt with maturities greater than 90 days and long-term debt issuances of $568 million, net of related discounts and issuance costs.
• During the six months ended July 3, 2026 purchases of investments were $2,799 million and proceeds from disposals of investments were $4,574 million, resulting in a net cash inflow of $1,775 million.
• The Company made payments of debt of $2,630 million during the six months ended June 27, 2025 consisting of $1,957 million of payments related to commercial paper and short-term debt with maturities greater than 90 days and payments of long-term debt of $673 million.
• Net cash provided by investing activities during the six months ended July 3, 2026 was $1,104 million, and net cash used in investing activities during the six months ended June 27, 2025 was $278 million.

Impact estimates