Your point being?
From an accounting perspective, this is clearly a case of stats being made to lie and to falsely sensationalise a situation.
Coca-Cola acquired Fairlife in 2020. Part of that acquisition cost was a earn-out clause due in 2025. This contingent payment was initially expected to be $320m but due to the exceptional performance of Fairlife over the period, the final contingent payment totaled out at $6.5b
Traditionally, accounting for this extraordinary item would have been separated. Current accepted accounting practice, however, is to include them - which is what you see here. When separated, Coca-Cola FCF for the period actually is a positive $3.9b
If anything, the stellar performance of the Fairlife diversification acquisition should mean that far from being $KO, after this extraordinary item is cleared, future performance of the Coca-Cola group should continue to be strong(er), building on contributions of Fairlife to the Coca-Cola group from 2020 (see the graph you posted)
The amount of "fake" news of all kinds on social media is staggering.
[edit]
Scratch that. Fake news is everywhere, even on main stream media. It is very easy to get "facts" to fit a narrative if that is all one wants to do. Very difficult to remain objective in the face of all this narrative shaping campaigns.
instead of eradicating that culture, let's keep the low down low!
