Coca-Cola results for Q2 of 2018 strong; Organic revenue grows by 5%
date:Jul 30, 2018
was largely due to the impact of over $600 million from the year-over-year increase in tax payments in addition to the impact of the refranchising of North American bottling territories, partially offset by strong cash generation in the underlying business. Year-to-date free cash flow (non-GAAP) was $2 billion, down 20 per cent
Share repurchases: Year-to-date purchases of stock for treasury were $1.3 billion. Year-to-date net share repurchases (non-GAAP) totalled $730 million
Earnings per s
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