Coca-Cola is the world's largest beverage distributor founded in 1886. It now includes 3,800 brands and has experienced consistent growth, with market capitalization of $180 billion and 53 consecutive years of dividend increases as of 2016. The company was incorporated in 1892 after the formula was purchased for $2,300. In 1920, Coca-Cola had its IPO on the NYSE at $40 per share after being purchased for $25 million the prior year. The company continued growing despite the Great Depression and expanded internationally during World War 2. Its board of directors oversees strategy and governance policies aimed at transparency, shareholder rights, and disclosure.