coke gets delivered around the world in barrels concentrated. only water is added in factories.
Coke is about 10% by volume sugar, and the pre-mixed syrup with sweetener (like used in soda fountains) is usually prepared for a 5:1 dilution ratio in a soda fountain. The concentrate that goes to the bottling plants is basically straight phosphoric acid and caffeine with some secret 'natural flavors' that is usually diluted at more than 1:100 ratio with the sweetener.
(anyone know specifically why the sweetener differs? I'm guessing either cost or legislation...)
http://www.motherlindas.com/HFCS_murky.htm
https://grist.org/article/adm-high-fructose-corn-syrup-and-e...
https://youtu.be/gPbh6Ru7VVM (skip to 5:30)