Standard&Poor's Ratings Services derives its 'AA' rating on The Coca-Cola Co. from: Our anchor of 'aa', based on our "excellent" business risk and "modest" financial risk profile assessments for the company. Modifiers had no impact on the rating outcome. The leading market position in the global soft drink industry, with significant brand equity; Broad geographic diversification and an extensive bottler network; An expanding product portfolio; and An above-average EBITDA margin. Solid cash flow generating ability, despite exposure to changes in foreign currency exchange rates and commodity costs. Expected international cash, short-term investments and marketable securities growth. Key credit ratios that are expected to remain within the indicative ratio ranges for a "modest" financial risk profile. The stable outlook
