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Coca-Cola

World's leading beverage company.

Headquarters: One Coca-Cola Plaza
Atlanta, GA 30313
Employees: 130,000
CEO: Muhtar Kent
Stock Symbol: KO

Website: http://www.coca-cola.com

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Coca-Cola is the world's leading beverage company. The company is the world's leading manufacturer, marketer, and distributor of nonalcoholic beverage concentrates and syrups, used to produce more than 3,500 beverages with 500 different brands. The company has nearly 250 bottlers worldwide and 900 plants.

The company makes and distributes sodas, waters, fruit juice, teas and coffees and energy drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries drink the company's beverages with over 1.6 billion servings each day.

The company has 20 billion-dollar plus brands that generate over $1 billion in sales including Coke, Diet Coke, Sprite, Bacardi, A&W, Minute Maid, Dasani, Powerade, Vitamin Water, Fanta, Glaceau, Schweppes, Simply and Georgia Coffee.

In 2015, the company reported revenues of $44.29 billion, down 4%, and net income was $7.3 billion. North American revenues were up 2% for the year and down 9% in Asia-Pacific.

The company said it plans to refranchise all of its bottling territories by the end of 2017.

History

Dr. John Smith Pemberton, an Atlanta druggist, invented "Coca-Cola" syrup on May 8, 1886. The fountain drink was first marketed as a brain and nerve tonic in drugstores. The soda was first bottled in 1894.

In 1916, a new design was unveiled for Coca-Cola bottles called the Contour Bottle, which helped the soda stand out among imitators and became a smash hit and a symbol of the company. Cans were introduced by 1960.

New brands introduced in the 1960s included Sprite, Fanta, Fresca and TAB. Mr. Pibb and Mello Yello were added in the 1970s. The 1980s brought diet Coke and Cherry Coke, followed by POWERaDE and Fruitopia in the 1990s.

In 2007, the company acquired Energy Brands, Inc., known as glacéau, and its full range of fast-growing, enhanced water brands, including Vitamin Water for $4.1 billion.

The company acquired the North American operations of Coca-Cola Enterprises in 2010, its largest bottler's, for $12.3 billion in cash and assumption of debt.

Benefits

Employees, spouses and dependents are eligible for health and wellness benefits coverage from date of hire. There are no pre-existing condition exclusions for participants in the health plan.

Benefit plans include Health (including Vision Care), Dental, Accidental Death-Dismemberment, Group Life Insurance, Dependent Life Insurance, Health Care Account, Dependent Care Account, Vacation Purchase Program, Business Travel Accident Insurance, Short-Term Disability, Long-Term Disability, Survivor's Benefits Programs and Employee Assistance Program.

The Coca-Cola Company offers medical (including vision care) and dental coverage for eligible same-sex domestic partners and their dependent children.

401(k) - Thrift Investment Plan (TIP)
- Participation in the plan is immediate upon date of hire/rehire for all eligible employees.
- Choice of 27 funds in eight fund categories including money market, stable value, intermediate term bond, balanced, large-cap stock, small-cap stock, international stock and Company stock.
- The Coca-Cola Company will match employees' contributions, dollar for dollar, up to 3% of their compensation. The Company match is subject to a three year vesting schedule.
- Rollover contributions from other qualified plans are permitted immediately upon date of hire for all eligible employees.
- Participants may manage their accounts online daily.

Traditional Retirement Plan - Employee Retirement Plan
- Entirely Company-funded and designed to pay eligible employees monthly benefits upon retirement from the Company.

In addition to our health and life benefits, employees have the opportunity to take advantage of other benefits such as:
- Flex time & summer hours (reviewed annually and implemented by business units as applicable)
- Adoption Assistance Program provides eligible employees financial assistance for certain expenses associated with the process of adopting children.
- Employee Assistance Program provides confidential counseling services and the Company currently pays the full cost of this benefit for its eligible employees, retirees and their dependents.
- Active Living Program that provides reimbursement for employees to join a health club.
- Matching Gifts Program allows employees to donate monies to education, arts or cultural institutions, and The Coca-Cola Company matches up to $4,000 of that gift per calendar year.
- Service Recognition Awards for employees after each five year period of continuous service.
- Company paid time-off for volunteer work (one day per year).
- Business casual attire unless otherwise required due to customer-related circumstances.

Updated February 28, 2016