Fourth quarter reported EPS was $0.41 and comparable EPS was $0.45. Items impacting comparability reduced fourth quarter 2012 reported EPS by a net $0.04 and reduced fourth quarter 2011 reported EPS by a net $0.03. In both periods, these items included restructuring charges, costs related to global productivity initiatives, gains/charges related to equity investees, net gains/losses on transactions, net gains/losses related to our economic hedges, primarily commodities, and certain tax matters. Items impacting comparability in fourth quarter 2012 also included charges related to changes in the structure of Beverage Partners Worldwide (BPW). Items impacting comparability in fourth quarter 2011 also included CCE integration costs.Full-year cash from operations was $10,645 million, up 12%, primarily due to an improvement in working capital of approximately $800 million, which partially benefited from the timing of certain working capital items.
The Coca-Cola Company Reports Full-Year And Fourth Quarter 2012 Results
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