The Procedure Division is divided into modules called paragraphs. Each paragraph (or Module) consists of Statements(Sentences).
A Statement is an instruction that ends with a period. Statements are executed in sequence in a paragraph unless a logical control struct such as "if", "perform", "go to" change the order of operation.
Paragraph names conform to the COBOL naming rules, except the following 123. :
100-MAIN-PARA.
STATEMENT
...
...
200-PROC-MODULE.
STATEMENT
...
...
123.
STATEMENT
...
...
Major COBOL Statements in PROCEDURE DIVISION