The Coca-Cola Co. continues to have strong operating performance despite its October 2010 acquisition of Coca-Cola Enterprises Inc.'s (Old CCE) lower margin North American bottling operations and lingering weak macroeconomic conditions. We are affirming our ratings on The Coca-Cola Co., including the 'A+/A-1' long-term and short-term corporate credit ratings. We are revising the outlook on Coke to positive from stable, reflecting our belief that its financial profile will continue to strengthen. On Oct. 31, 2011, Standard&Poor's Ratings Services affirmed our ratings on The Coca-Cola Co. (Coke), including the 'A+' long-term corporate credit and 'A-1' short-term corporate credit and commercial paper ratings. At the same time, we revised the outlook to positive from stable, reflecting Coke's strong operating performance
