UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
x ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended
December 31, 2009
OR
o TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File No. 001-02217
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
(Full title of the plan)
(Name of issuer of the securities held pursuant to the plan)
One Coca-Cola Plaza
Atlanta, Georgia 30313
(Address of the plan and address of issuers principal executive offices)
THE COCA-COLA COMPANY
THRIFT & INVESTMENT PLAN
Financial Statements and Supplemental Schedule
As of December 31, 2009 and 2008
and for the Year Ended December 31, 2009
with Report of Independent Registered Public Accounting Firm
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
Financial Statements and Supplemental Schedule
As of December 31, 2009 and 2008
and for the Year Ended December 31, 2009
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1 |
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2 |
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3 |
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4 |
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Supplemental Schedule |
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Schedule H, line 4i Schedule of Assets (Held at End of Year) |
12 |
BANKS, FINLEY, WHITE & CO.
CERTIFIED PUBLIC ACCOUNTANTS
To The Coca-Cola Company
Benefits Committee
The Coca-Cola Company
Atlanta, Georgia
Report of Independent Registered Public Accounting Firm
We have audited the accompanying statements of net assets available for benefits of The Coca-Cola Company Thrift & Investment Plan (the Plan) as of December 31, 2009 and 2008 and the related statement of changes in net assets available for benefits for the year ended December 31, 2009. These financial statements are the responsibility of the Plans management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2009 and 2008 and the changes in net assets available for benefits for the year ended December 31, 2009, in conformity with U.S. generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets held at end of year is presented for purposes of additional analysis and is not a required part of the basic financial statements, but is supplemental information required by the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plans management. The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
/s/ BANKS, FINLEY, WHITE & CO.
College Park, Georgia
June 25, 2010
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
Statements of Net Assets Available for Benefits
December 31, 2009 and 2008
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2009 |
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2008 |
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ASSETS |
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Investments (Notes 3 and 4) |
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$ |
1,639,000,204 |
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$ |
1,337,587,167 |
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|
|
|
|
|
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Accrued interest receivable |
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124,491 |
|
121,282 |
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||
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Due from broker for securities sold |
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84,155 |
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250,692 |
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NET ASSETS AVAILABLE FOR BENEFITS |
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$ |
1,639,208,850 |
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$ |
1,337,959,141 |
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Refer to Notes to Financial Statements.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2009
Additions to net assets: |
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Investment income: |
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Net appreciation in fair value of investments |
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$ |
290,080,833 |
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Dividend income from common stock |
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24,626,574 |
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Interest and dividend income |
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15,109,593 |
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Total investment income |
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329,817,000 |
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Contributions: |
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Employer |
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21,835,703 |
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Participants |
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61,162,957 |
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Rollovers from other qualified plans |
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1,767,180 |
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Total contributions |
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84,765,840 |
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Total additions |
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414,582,840 |
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Deductions from net assets: |
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Distributions to participants |
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113,253,776 |
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Administrative expenses |
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79,355 |
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Total deductions |
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113,333,131 |
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Net increase in net assets available for benefits |
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301,249,709 |
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Net assets available for benefits, beginning of year |
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1,337,959,141 |
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NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR |
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$ |
1,639,208,850 |
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Refer to Notes to Financial Statements.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
December 31, 2009 and 2008
Note 1 Description of Plan
The following description of The Coca-Cola Company Thrift & Investment Plan (the Plan) provides only general information. Participants should refer to the Summary Plan Description for a more complete description of the Plans provisions.
General
The Plan was originally adopted effective July 1, 1960 and was last amended and restated effective January 1, 2010. The Plan is a defined contribution pension plan covering employees of The Coca-Cola Company and its participating subsidiaries (the Company), with the exception of employees represented by bargaining units which have not negotiated coverage and others listed in the Plan document. Eligible employees may begin participating in the Plan upon hire with the Company. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA).
Contributions
The election to contribute to the Plan by employees (Participants) is voluntary. Participant contributions are in the form of payroll deductions with the Company currently making a matching contribution equal to 100% of the first 3% of compensation contributed by a Participant each payroll period, subject to certain limitations imposed by the Internal Revenue Code (the Code). All Company contributions are initially invested in the common stock of The Coca-Cola Company. Participants may redirect all or any of these Company contributions into other investment options in the Plan.
Participants may contribute to the Plan with Before-Tax dollars and/or After-Tax dollars. Before-Tax contributions are not subject to current federal income taxes but are subject to Federal Insurance Contributions Act (FICA) taxes. Before-Tax and After-Tax contributions are limited in total to 25% of compensation, subject to certain limitations. For 2009, the maximum Before-Tax annual contribution amount under the Code was $16,500.
Participants who are age 50 or older by the end of the year may make additional Catch-Up contributions with Before-Tax dollars provided certain Plan or Internal Revenue Service limits have been met. For 2009, the maximum Catch-Up contribution amount was $5,500.
All contributions are paid to the Trustee and are invested as directed by Participants and the Company. Participants may direct their contributions into a money market fund, common stock of The Coca-Cola Company, collective trust funds and mutual funds with various investment objectives and strategies. Participants are allowed to roll over account balances from a previous employers tax-qualified retirement plan or Individual Retirement Accounts into the Plan.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 1 Description of Plan (Continued)
Vesting
Participants are immediately vested in their salary deferral contributions and related earnings, while vesting in Company contributions is based on a graduated schedule over a three-year period as follows: 33% after one year of service, 67% after two years of service and 100% after three years of service.
Forfeited Accounts
Forfeited amounts are generally used to reduce employer contributions or pay administrative expenses of the Plan. The forfeited account balances were approximately $886,000 and $951,000 as of December 31, 2009 and 2008, respectively. The Plan used approximately $177,000 of forfeitures to reduce employer contributions during 2009.
Valuation of Participant Accounts
Participant account balances are valued based upon the number of shares of each investment credited to Participant accounts. Shares are revalued on a daily basis to reflect earnings and other transactions. Shares of common stock of The Coca-Cola Company are revalued on a daily basis to reflect changes in fair value. Participant accounts are updated on a daily basis to reflect transactions affecting account balances.
Participant Loans
Participants may borrow from their account balances subject to certain limitations. Participant loans may be taken from a combination of Before-Tax, After-Tax, and Rollover account balances. The following applies to Participant loans:
(a) The maximum amount that a Participant may borrow is the lesser of 50% of their account balance or $50,000. The $50,000 maximum is reduced by the Participants highest outstanding loan balance on any loans during the preceding 12 months.
(b) The minimum loan amount is $1,000.
(c) The loan interest rate is the prime rate as published in The Wall Street Journal on the business day prior to the day the loan is requested.
(d) The loan repayment period is limited to five years for a general purpose loan and 15 years for a loan used to purchase or build a principal residence.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 1 Description of Plan (Continued)
Employee Stock Ownership Plan
The portion of the Plan invested in common stock of The Coca-Cola Company is designated as an employee stock ownership plan (ESOP) within the meaning of Code Section 4975(e)(7). Participants invested in common stock of The Coca-Cola Company may elect to receive their entire dividend amount as a cash payment made directly to them rather than have the dividend amount reinvested in their Plan account. The total amount of dividends paid directly to Participants was $2,197,200 during 2009. These dividends are included in Dividend income from common stock and Distributions to participants on the Statement of Changes in Net Assets Available for Benefits.
Payment of Benefits
Upon retirement, termination or disability, Participants may elect to receive payment from the Plan in a lump-sum distribution, installments or in partial payments (a portion paid in a lump sum, and the remainder paid later). Participants may elect in-service distributions from After-Tax account balances, or after attaining age 59½ from all vested account balances. Participants may elect to receive payment of the portion of their accounts invested in common stock of The Coca-Cola Company in shares rather than cash (in-kind distributions).
Administration
The Plan is administered by The Coca-Cola Company Benefits Committee (the Committee) which, as administrator, has substantial control of and discretion over the administration of the Plan. Bank of America, N.A. is the trustee of the Plan (the Trustee).
Plan Termination
The Company, by action of the Committee, reserves the right to, at any time and for any reason, terminate the Plan or completely discontinue contributions to the Plan. The Plan shall be terminated or contributions shall be discontinued by a written instrument approved by the Committee by resolution.
In the event of the Plans termination, if no successor plan is established or maintained, lump sum distributions shall be made in accordance with the terms of the Plan as in effect at the time of the Plans termination or as thereafter amended. To the extent any Trust assets represent amounts allocated to a Code Section 415 suspense account, such amounts may revert to the Employer. The Administrators authority shall continue beyond the Plans termination date until all Trust assets have been liquidated and distributed.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 2 Summary of Significant Accounting Policies
Basis of Accounting
The financial statements of the Plan are presented on the accrual basis of accounting.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires Plan management to make estimates that affect certain reported amounts and disclosures. Actual results may differ from those estimates.
Valuation of Investments
The Plans investments are stated at fair value in accordance with Accounting Standards Codification Topic 820 Fair Value Measurements and Disclosures (ASC 820). Money market funds are stated at cost, which approximates fair value. The investments in common stock of The Coca-Cola Company are stated at fair value based upon quoted prices in active markets at the last reported sales price on the last business day of the Plan year. The investments in collective trust funds are stated at fair value, based on quoted redemption values, also known as net asset values, determined by the investment managers on the last business day of the Plan year. The investments in mutual funds are based on the publicly quoted final net asset values on the last business day of the Plan year. Participant loans are valued based upon remaining unpaid principal balance plus any unpaid accrued interest.
Investment Transactions and Income
Investment transactions are recorded on a trade-date basis. Dividend income is recorded on the ex-dividend date. Interest is recognized on an accrual basis. The net appreciation or depreciation in fair value of investments consists of realized gains and losses and changes in unrealized gains or losses of these investments during the year. Realized gains and losses on investments are determined on the basis of average cost. Unrealized gains or losses on investments are based on changes in the market values or fair values of such investments.
Payment of Benefits
Distributions to participants are recorded when payment is made. In-kind distributions are recorded based on the market value of the shares at the date of distribution.
Administrative expenses
Certain administrative expenses were paid by the Plan, as permitted by the Plan Document. All other administrative expenses were paid by the Company.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 3 Investments
Effective January 1, 2008, the Plan adopted FASB ASC 820 which established a framework for measuring fair value and expanded disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also established a fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:
· Level 1 |
Quoted prices in active markets for identical assets or liabilities. |
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· Level 2 |
Observable inputs other than quoted prices included in level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. |
|
|
· Level 3 |
Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. |
The fair values of investments as of December 31, 2009 and 2008 are summarized in the tables below:
December 31, 2009: |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
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|
||||
U.S. equity securities: |
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|
|
|
|
|
|
|
|
||||
Company common stock |
|
$ |
840,709,061 |
|
$ |
|
|
$ |
|
|
$ |
840,709,061 |
|
Collective trust funds |
|
112,279,435 |
|
|
|
|
|
112,279,435 |
|
||||
Mutual funds |
|
220,677,880 |
|
|
|
|
|
220,677,880 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
International equity securities: |
|
|
|
|
|
|
|
|
|
||||
Mutual funds |
|
119,317,051 |
|
|
|
|
|
119,317,051 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Allocation funds: |
|
|
|
|
|
|
|
|
|
||||
Mutual funds |
|
60,658,213 |
|
|
|
|
|
60,658,213 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Fixed income securities: |
|
|
|
|
|
|
|
|
|
||||
Collective trust funds |
|
|
|
129,618,372 |
|
|
|
129,618,372 |
|
||||
Mutual funds |
|
115,158,166 |
|
|
|
|
|
115,158,166 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Money market funds |
|
690,915 |
|
18,294,670 |
|
|
|
18,985,585 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Participant loans |
|
|
|
|
|
21,596,441 |
|
21,596,441 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
|
|
$ |
1,469,490,721 |
|
$ |
147,913,042 |
|
$ |
21,596,441 |
|
$ |
1,639,000,204 |
|
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 3 Investments (Continued)
December 31, 2008: |
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Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
|
|
|
|
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|
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|
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|
||||
U.S. equity securities: |
|
|
|
|
|
|
|
|
|
||||
Company common stock |
|
$ |
690,472,923 |
|
$ |
|
|
$ |
|
|
$ |
690,472,923 |
|
Collective trust funds |
|
87,681,267 |
|
|
|
|
|
87,681,267 |
|
||||
Mutual funds |
|
157,816,238 |
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|
|
|
|
157,816,238 |
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|
|
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|
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|
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|
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International equity securities: |
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|
|
|
|
|
|
|
|
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Mutual funds |
|
93,128,169 |
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|
|
|
93,128,169 |
|
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|
|
|
|
|
|
|
|
|
|
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Allocation funds: |
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|
|
|
|
|
|
|
|
||||
Mutual funds |
|
48,603,042 |
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|
|
|
|
48,603,042 |
|
||||
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|
|
|
|
|
|
|
|
|
||||
Fixed income securities: |
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|
|
|
|
|
|
|
|
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Collective trust funds |
|
|
|
135,185,232 |
|
|
|
135,185,232 |
|
||||
Mutual funds |
|
84,797,339 |
|
|
|
|
|
84,797,339 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Money market funds |
|
125,031 |
|
18,750,462 |
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|
|
18,875,493 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
Participant loans |
|
|
|
|
|
21,027,464 |
|
21,027,464 |
|
||||
|
|
|
|
|
|
|
|
|
|
||||
|
|
$ |
1,162,624,009 |
|
$ |
153,935,694 |
|
$ |
21,027,464 |
|
$ |
1,337,587,167 |
|
The change in the fair value of the Plans level 3 assets for the years ended December 31, 2009 and 2008 is set forth in the table below:
|
|
Participant Loans |
|
||||
|
|
2009 |
|
2008 |
|
||
Balance, beginning of year |
|
$ |
21,027,464 |
|
$ |
20,646,462 |
|
Purchases, sales, issuances and settlements, net |
|
568,977 |
|
381,002 |
|
||
Balance, end of year |
|
$ |
21,596,441 |
|
$ |
21,027,464 |
|
The fair value of individual investments that represented 5% or more of the Plans net assets as of December 31, 2009 and 2008 was as follows:
|
|
2009 |
|
2008 |
|
||
Common stock of The Coca-Cola Company |
|
$ |
840,709,061 |
|
$ |
690,472,923 |
|
Bank of America Retirement Preservation Trust |
|
129,618,372 |
|
135,185,232 |
|
||
BlackRock Equity Index Fund |
|
112,279,435 |
|
87,681,267 |
|
||
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 3 Investments (Continued)
During the year ended December 31, 2009, the Plans investments (including investments purchased, sold, as well as held during the year) appreciated in fair value as follows:
Common stock of The Coca-Cola Company |
|
$ |
176,184,565 |
|
Mutual funds |
|
89,588,714 |
|
|
Collective trust funds |
|
24,307,554 |
|
|
Net appreciation in fair value of investments |
|
$ |
290,080,833 |
|
Note 4 Transactions with Parties-in-Interest
During the year ended December 31, 2009, the Plan had the following transactions relating to common stock of The Coca-Cola Company:
|
|
Shares |
|
Fair Value |
|
Realized Gain |
|
||
Purchases |
|
1,504,469 |
|
$ |
72,531,290 |
|
N/A |
|
|
Sales |
|
1,167,849 |
|
$ |
56,803,876 |
|
$ |
10,834,826 |
|
In-kind distributions |
|
839,667 |
|
$ |
41,675,841 |
|
N/A |
|
|
Dividends received |
|
N/A |
|
$ |
24,626,574 |
|
N/A |
|
|
The Plan held the following investments in common stock of The Coca-Cola Company:
|
|
Shares |
|
Fair Value |
|
|
December 31, 2009 |
|
14,749,282 |
|
$ |
840,709,061 |
|
December 31, 2008 |
|
15,252,329 |
|
$ |
690,472,923 |
|
The Plans investments in the Cash Management Account and Retirement Preservation Trust are managed by Bank of America, N.A. The Plans investments in the Government Fund, Small Cap Index Fund, International Index Fund, Basic Value Fund, Equity Index Fund, Global Allocation Fund, and Large Cap Core Fund are managed by BlackRock, Inc., an affiliate of the Trustee, and, therefore, the transactions in these funds qualify as party-in-interest. Effective November 2, 2009, the charter of Merrill Lynch Bank & Trust Company, FSB collapsed into Bank of America, N.A. and Bank of America, N.A. became the successor trustee.
Note 5 Risk and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect Participant account balances and the amounts reported in the statement of net assets available for benefits.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS (Continued)
Note 6 Income Tax Status
The Plan has received a determination letter from the Internal Revenue Service dated March 25, 2003, stating that the Plan is qualified under Section 401(a) of the Code and, therefore, the related trust is exempt from taxation. The Plan was amended subsequent to receipt of the determination letter. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The Committee and the Companys tax counsel believe the Plan is being operated in compliance with the applicable requirements of the Code and, therefore, believe the Plan, as amended, is qualified and the related trust is tax exempt.
Note 7 - Subsequent Events
We have evaluated material events and transactions that have occurred after the balance sheet date and concluded that no subsequent events have occurred through the date the financial statements were issued, June 25, 2010, that require adjustment to or disclosure in these financial statements.
THE COCA-COLA COMPANY THRIFT & INVESTMENT PLAN
EIN: 58-0628465 PN: 002
Schedule H, line 4i Schedule of Assets (Held at End of Year)
December 31, 2009
(a) |
|
(b) Identity of issue, borrower, |
|
(c) Description of investment including maturity date, |
|
(e) Current value |
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MONEY MARKET FUNDS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
FFI Government Fund |
|
$ |
18,294,670 |
|
|
|
|
|
|
|
|
|
|
* |
|
Bank of America, N.A. |
|
Cash Management Account |
|
690,915 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Money Market Funds |
|
|
|
18,985,585 |
|
|
|
|
|
|
|
|
|
|
|
|
|
COMMON STOCK: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
The Coca-Cola Company |
|
Common Stock |
|
840,709,061 |
|
|
|
|
|
|
|
|
|
|
|
|
|
COLLECTIVE TRUST FUNDS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
Equity Index Fund |
|
112,279,435 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
Bank of America, N.A. |
|
Retirement Preservation Trust |
|
129,618,372 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Collective Trust Funds |
|
|
|
241,897,807 |
|
|
|
|
|
|
|
|
|
|
|
|
|
MUTUAL FUNDS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AIM Advisors, Inc. |
|
Capital Development Fund |
|
14,067,634 |
|
|
|
|
|
|
|
|
|
|
|
|
|
AIM Advisors, Inc. |
|
International Growth Fund |
|
15,660,449 |
|
|
|
|
|
|
|
|
|
|
|
|
|
AIM Advisors, Inc. |
|
Large Cap Growth Fund |
|
7,835,875 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Allianz NFJ |
|
Small Cap Value Fund |
|
36,014,958 |
|
|
|
|
|
|
|
|
|
|
|
|
|
American Funds |
|
Growth Fund of America |
|
24,775,366 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
Basic Value Fund |
|
30,966,075 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
Global Allocation Fund |
|
60,658,213 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
International Index Fund |
|
18,453,352 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
Large Cap Core Fund |
|
10,838,319 |
|
|
|
|
|
|
|
|
|
|
|
* |
|
BlackRock, Inc. |
|
Small Cap Index Fund |
|
11,684,097 |
|
|
(a) |
|
(b) Identity of issue, |
|
(c) Description of investment including maturity date, |
|
(e) Current value |
|
|
|
|
|
|
|
|
|
|
|
|
|
MUTUAL FUNDS (CONTINUED): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Calvert Asset Management Co., Inc. |
|
Income Fund |
|
23,446,477 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Davis Selected Advisers, L.P. |
|
New York Venture Fund |
|
34,153,725 |
|
|
|
|
|
|
|
|
|
|
|
|
|
DWS Investments |
|
U.S. Bond Index Fund |
|
25,946,931 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fidelity Investments |
|
Advisor Diversified International Fund |
|
3,029,126 |
|
|
|
|
|
|
|
|
|
|
|
|
|
ING Investments, LLC |
|
International Small Cap Fund |
|
25,614,939 |
|
|
|
|
|
|
|
|
|
|
|
|
|
ING Investments, LLC |
|
International Value Fund |
|
23,202,989 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Oppenheimer Funds |
|
Equity Fund |
|
13,841,634 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Janus Capital |
|
Perkins Small Cap Value Fund |
|
14,554,010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Pacific Investment Mgt. Co. (PIMCO) |
|
Total Return Fund |
|
65,764,758 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Pioneer Investment Management, Inc. |
|
Pioneer Fund |
|
12,113,416 |
|
|
|
|
|
|
|
|
|
|
|
|
|
RS Investments |
|
RS Partners Fund |
|
5,988,878 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sentinel |
|
Small Company Fund |
|
3,843,893 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Thornburg Investment Management, Inc. |
|
International Value Fund |
|
33,356,196 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Mutual Funds |
|
|
|
515,811,310 |
|
|
|
|
|
|
|
|
|
|
|
|
|
PARTICIPANT LOANS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
Participants |
|
Loans with interest rates ranging from 3.25% to 10.5%. Maturities through 2024. |
|
21,596,441 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS (HELD AT END OF YEAR) |
|
$ |
1,639,000,204 |
|
||
* |
|
Party-in-interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: Column (d) cost is not required for participant-directed investments. |
|
|
|
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, The Coca-Cola Company Benefits Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
THE COCA-COLA COMPANY |
|
|
|
THRIFT & INVESTMENT PLAN |
|
|
|
(Name of Plan) |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Susan M. Fleming |
|
|
|
Susan M. Fleming |
|
|
|
Chairperson, The Coca-Cola Company Benefits Committee |
|
Date: June 25, 2010
EXHIBIT INDEX
Exhibit No. |
|
Description |
|
|
|
23 |
|
Consent of Independent Registered Public Accounting Firm |