10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2017 | |||
Consolidated Statement of Income | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 13, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Net Revenue | $ 63,525 | 62,799 | 63,056 |
| Cost of sales | 28,785 | 28,209 | 28,731 |
| Gross Profit | 34,740 | 34,590 | 34,325 |
| Selling, general and administrative expenses | 24,231 | 24,805 | 24,613 |
| Venezuela impairment charges | 0 | 0 | 1,359 |
| Operating Profit | 10,509 | 9,785 | 8,353 |
| Interest expense | (1,151) | (1,342) | (970) |
| Interest and Other Income | 244 | 110 | 59 |
| Income before income taxes | 9,602 | 8,553 | 7,442 |
| Provision for income taxes (See Note 5) | 4,694 | 2,174 | 1,941 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 4,908 | 6,379 | 5,501 |
| Less: Net income attributable to noncontrolling interests | 51 | 50 | 49 |
| Net Income Attributable to PepsiCo | 4,857 | 6,329 | 5,452 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 3.40 | 4.39 | 3.71 |
| Diluted | 3.38 | 4.36 | 3.67 |
| Weighted-average common shares outstanding | |||
| Basic | 1,425 | 1,439 | 1,469 |
| Diluted | 1,438 | 1,452 [1] | 1,485 |
| Cash dividends declared per common share | 3.17 | 2.96 | 2.76 |
| [1] Weighted-average common shares outstanding (in millions). | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2017 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 13, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 4,908 | 6,379 | 5,501 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | 1,109 | (302) | (2,827) |
| Other comprehensive loss | |||
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax | (36) | 46 | 3 |
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax | (159) | (316) | 171 |
| Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax | (68) | (24) | 1 |
| Other Comprehensive Income, Other, Net of Tax | 16 | 0 | 0 |
| Other Comprehensive Income/(Loss), after-tax amount | 862 | (596) | (2,652) |
| Comprehensive income | 5,770 | 5,783 | 2,849 |
| Comprehensive income attributable to noncontrolling interests | (51) | (54) | (47) |
| Comprehensive Income Attributable to PepsiCo | 5,719 | 5,729 | 2,802 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2017 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 30, 2017 10-K (Filed: Feb 13, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 30, 2017 | Dec 31, 2016 | Dec 26, 2015 | |
| Operating Activities | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 4,908 | 6,379 | 5,501 |
| Depreciation and amortization | 2,369 | 2,368 | 2,416 |
| Share-based compensation expense | 292 | 284 | 295 |
| Restructuring and impairment charges | 295 | 160 | 230 |
| Cash payments for restructuring charges | (113) | (125) | (208) |
| Charges related to the transaction with Tingyi | 0 | 373 | 73 |
| Venezuela impairment charges | 0 | 0 | 1,359 |
| Pension and retiree medical plan expenses | 221 | 501 | 467 |
| Pension and retiree medical plan contributions | (220) | (695) | (205) |
| Deferred income taxes and other tax charges and credits | 619 | 452 | 78 |
| Provisional net tax expense related to the TCJ Act | 2,451 | 0 | 0 |
| Change in assets and liabilities [Abstract] | |||
| Accounts and notes receivable | (202) | (349) | (461) |
| Inventories | (168) | (75) | (244) |
| Prepaid expenses and other current assets | 20 | 10 | (50) |
| Accounts payable and other current liabilities | 201 | 997 | 1,692 |
| Income taxes payable | (338) | 329 | 55 |
| Other, net | (341) | 64 | (134) |
| Net Cash Provided by (Used in) Operating Activities | 9,994 | 10,673 | 10,864 |
| Investing Activities | |||
| Capital spending | (2,969) | (3,040) | (2,758) |
| Sales of property, plant and equipment | 180 | 99 | 86 |
| Acquisitions and investments in noncontrolled affiliates | (61) | (212) | (86) |
| Reduction of cash due to Venezuela deconsolidation | 0 | 0 | (568) |
| Divestitures | 267 | 85 | 76 |
| Short-term investments, by original maturity: | |||
| More than three months - purchases | (18,385) | (12,504) | (4,428) |
| More than three months - maturities | 15,744 | 8,399 | 4,111 |
| More than three months - sales | 790 | 0 | 0 |
| Three months or less, net | 2 | 16 | 3 |
| Other investing, net | 29 | 9 | (5) |
| Net Cash Used for Investing Activities | (4,403) | (7,148) | (3,569) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 7,509 | 7,818 | 8,702 |
| Payments of long-term debt | (4,406) | (3,105) | (4,095) |
| Debt redemptions | 0 | (2,504) | 0 |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 91 | 59 | 15 |
| More than three months - payments | (128) | (27) | (43) |
| Three months or less, net | (1,016) | 1,505 | 53 |
| Cash dividends paid | (4,472) | (4,227) | (4,040) |
| Share repurchases - common | (2,000) | (3,000) | (5,000) |
| Share repurchases - preferred | (5) | (7) | (5) |
| Proceeds from exercises of stock options | 462 | 465 | 504 |
| Withholding tax payments on RSUs, PSUs and PEPunits converted | (145) | (130) | (151) |
| Other financing | (76) | (58) | (52) |
| Net Cash Used for Financing Activities | (4,186) | (3,211) | (4,112) |
| Effect of exchange rate changes on cash and cash equivalents | 47 | (252) | (221) |
| Cash and Cash Equivalents, Period Increase (Decrease) | 1,452 | 62 | 2,962 |
| Cash and Cash Equivalents, Beginning of Year | 9,158 | 9,096 | |
| Cash and Cash Equivalents, End of Year | 10,610 | 9,158 | 9,096 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2017 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 30, 2017 10-K (Filed: Feb 13, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 30, 2017 | Dec 31, 2016 | |
| ASSETS | ||
| Cash and cash equivalents | $ 10,610 | 9,158 |
| Short-term Investments | 8,900 | 6,967 |
| Accounts and notes receivable, net | 7,024 | 6,694 |
| Inventories | 2,947 | 2,723 |
| Prepaid expenses and other current assets | 1,546 | 908 |
| Assets, Current | 31,027 | 26,450 |
| Property, Plant and Equipment, net | 17,240 | 16,591 |
| Amortizable Intangible Assets, net | 1,268 | 1,237 |
| Goodwill | 14,744 | 14,430 |
| Indefinite-Lived Intangible Assets (Excluding Goodwill) | 12,570 | 12,196 |
| Nonamortizable Intangible Assets | 27,314 | 26,626 |
| Equity Method Investments | 2,042 | 1,950 |
| Other Assets | 913 | 636 |
| Total Assets | 79,804 | 73,490 |
| LIABILITIES AND EQUITY | ||
| Short-term debt obligations | 5,485 | 6,892 |
| Accounts payable and other current liabilities | 15,017 | 14,243 |
| Liabilities, Current | 20,502 | 21,135 |
| Long-Term Debt Obligations | 33,796 | 30,053 |
| Other Liabilities, Noncurrent | 11,283 | 6,669 |
| Deferred Income Taxes | 3,242 | 4,434 |
| Liabilities | 68,823 | 62,291 |
| Commitments and contingencies | ||
| Preferred Stock, no par value | 41 | 41 |
| Stockholders' Equity Attributable to Parent | 11,045 | 11,246 |
| PepsiCo Common Shareholders Equity | ||
| Common stock, par value 12/3 per share (authorized 3,600 shares, issued, net of repurchased common stock at par value: 1,420 and 1,428 shares, respectively) | 24 | 24 |
| Additional Paid in Capital, Common Stock | 3,996 | 4,091 |
| Retained Earnings (Accumulated Deficit) | 52,839 | 52,518 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (13,057) | (13,919) |
| Stockholders' Equity Attributable to Noncontrolling Interest | 92 | 104 |
| Total Equity | 10,981 | 11,199 |
| Liabilities and Equity | 79,804 | 73,490 |
| Equity Components | ||
| Additional Paid-in Capital | ||
| Stockholders' Equity Attributable to Parent | (3,996) | (4,091) |
| Retained Earnings | ||
| Stockholders' Equity Attributable to Parent | (52,839) | (52,518) |
| AOCI Attributable to Parent | ||
| Stockholders' Equity Attributable to Parent | 13,057 | 13,919 |
| Treasury Stock | ||
| Stockholders' Equity Attributable to Parent | (32,757) | (31,468) |
| Common Stock | ||
| Stockholders' Equity Attributable to Parent | (24) | (24) |
| Class of Stock | ||
| Preferred Stock | ||
| Stockholders' Equity Attributable to Parent | (197) | (192) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |