The S&P considers the shares of Coke held by Berkshire to be excluded from the float. S&P's float adjustment methodology is described here [1]: "Float adjustme

The S&P considers the shares of Coke held by Berkshire to be excluded from the float. S&P's float adjustment methodology is described here [1]: "Float adjustment excludes shares that are closely held by control groups, other publicly traded companies, government agencies, or other long-term strategic shareholders." [1] https://www.spglobal.com/spdji/en/documents/index-policies/methodology-sp-float-adjustment.pdf https://www.spglobal.com/spdji/en/documents/index-policies/m...