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: 2011 | |||
Consolidated Statement Of Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Net Revenue | $ 66,504 | 57,838 | 43,232 |
| Cost of sales | 31,593 | 26,575 | 20,099 |
| Selling, general and administrative expenses | 25,145 | 22,814 | 15,026 |
| Amortization of intangible assets | 133 | 117 | 63 |
| Operating Profit | 9,633 | 8,332 | 8,044 |
| Bottling equity income | 735 | 365 | |
| Interest expense | (856) | (903) | (397) |
| Interest income and other | 57 | 68 | 67 |
| Income before income taxes | 8,834 | 8,232 | 8,079 |
| Provision for income taxes | 2,372 | 1,894 | 2,100 |
| Net income | 6,462 | 6,338 | 5,979 |
| Less: Net income attributable to noncontrolling interests | 19 | 18 | 33 |
| Net Income Attributable to PepsiCo | 6,443 | 6,320 | 5,946 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 4.08 | 3.97 | 3.81 |
| Diluted | 4.03 | 3.91 | 3.77 |
| Weighted-average common shares outstanding | |||
| Basic | 1,576 | 1,590 | 1,558 |
| Diluted | 1,597 | 1,614 | 1,577 |
| Cash dividends declared per common share | 2.02 | 1.89 | 1.77 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2011 | |||
Comprehensive Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Net income | $ 6,462 | 6,338 | 5,979 |
| Other comprehensive (loss)/income | |||
| Currency translation adjustment | (1,464) | 299 | 788 |
| Cash flow hedges, net of tax | (69) | (58) | (27) |
| Pension and retiree medical, net of tax: | |||
| Net prior service (cost)/credit | (10) | 22 | (3) |
| Net (losses)/gains | (967) | (136) | 110 |
| Unrealized (losses)/gains on securities, net of tax | (8) | 23 | 20 |
| Other | (16) | 1 | |
| Comprehensive Income Subtotal | (2,534) | 151 | 888 |
| Comprehensive income | 3,928 | 6,489 | 6,867 |
| Comprehensive income attributable to noncontrolling interests | (84) | (5) | (21) |
| Comprehensive Income Attributable to PepsiCo | 3,844 | 6,484 | 6,846 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2011 | |||
Consolidated Statement Of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Operating Activities | |||
| Net income | $ 6,462 | 6,338 | 5,979 |
| Depreciation and amortization | 2,737 | 2,327 | 1,635 |
| Stock-based compensation expense | 326 | 299 | 227 |
| Restructuring and impairment charges | 383 | 36 | |
| Cash payments for restructuring charges | (31) | (31) | (196) |
| Merger and integration costs | 329 | 808 | 50 |
| Cash payments for merger and integration costs | (377) | (385) | (49) |
| Gain on previously held equity interests in PBG and PAS | (958) | ||
| Asset write-off | 145 | ||
| Non-cash foreign exchange loss related to Venezuela devaluation | 120 | ||
| Excess tax benefits from share-based payment arrangements | (70) | (107) | (42) |
| Pension and retiree medical plan contributions | (349) | (1,734) | (1,299) |
| Pension and retiree medical plan expenses | 571 | 453 | 423 |
| Bottling equity income, net of dividends | 42 | (235) | |
| Deferred income taxes and other tax charges and credits | 495 | 500 | 284 |
| Change in accounts and notes receivable | (666) | (268) | 188 |
| Change in inventories | (331) | 276 | 17 |
| Change in prepaid expenses and other current assets | (27) | 144 | (127) |
| Change in accounts payable and other current liabilities | 520 | 488 | (133) |
| Change in income taxes payable | (340) | 123 | 319 |
| Other, net | (688) | (132) | (281) |
| Net Cash Provided by Operating Activities | 8,944 | 8,448 | 6,796 |
| Investing Activities | |||
| Capital spending | (3,339) | (3,253) | (2,128) |
| Sales of property, plant and equipment | 84 | 81 | 58 |
| Acquisitions of PBG and PAS, net of cash and cash equivalents acquired | (2,833) | ||
| Acquisition of manufacturing and distribution rights from DPSG | (900) | ||
| Investment in WBD | (164) | (463) | |
| Other acquisitions and investments in noncontrolled affiliates | (601) | (83) | (500) |
| Divestitures | 780 | 12 | 99 |
| Cash restricted for pending acquisitions | 15 | ||
| Short-term investments, by original maturity | |||
| More than three months - purchases | (12) | (29) | |
| More than three months - maturities | 21 | 29 | 71 |
| Other investing, net | (16) | (17) | |
| Net Cash Used for Investing Activities | (5,618) | (7,668) | (2,401) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 3,000 | 6,451 | 1,057 |
| Payments of long-term debt | (1,596) | (59) | (226) |
| Debt repurchase | (771) | (500) | |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 523 | 227 | 26 |
| More than three months - payments | (559) | (96) | (81) |
| Three months or less, net | 339 | 2,351 | (963) |
| Cash dividends paid | (3,157) | (2,978) | (2,732) |
| Share repurchases - common | (2,489) | (4,978) | |
| Share repurchases - preferred | (7) | (5) | (7) |
| Proceeds from exercises of stock options | 945 | 1,038 | 413 |
| Excess tax benefits from share-based payment arrangements | 70 | 107 | 42 |
| Acquisition of noncontrolling interests | (1,406) | (159) | |
| Other financing | (27) | (13) | (26) |
| Net Cash (Used for)/Provided by Financing Activities | (5,135) | 1,386 | (2,497) |
| Effect of exchange rate changes on cash and cash equivalents | (67) | (166) | (19) |
| Net (Decrease)/Increase in Cash and Cash Equivalents | (1,876) | 2,000 | 1,879 |
| Cash and Cash Equivalents, Beginning of Year | 5,943 | 3,943 | |
| Cash and Cash Equivalents, End of Year | 4,067 | 5,943 | 3,943 |
| Non-cash activity: | |||
| Issuance of common stock and equity awards in connection with our acquisitions of PBG and PAS, as reflected in investing and financing activities | 4,451 | ||
| Investment | |||
| Three Months Or Less Maturity | |||
| Three months or less, net | 45 | (229) | 13 |
| Legal Entity | |||
| WBD | |||
| Acquisition of WBD, net of cash and cash equivalents acquired | (2,428) | ||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2011 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 25, 2010 | |
| ASSETS | ||
| Cash and cash equivalents | $ 4,067 | 5,943 |
| Short-term investments | 358 | 426 |
| Accounts and notes receivable, net | 6,912 | 6,323 |
| Inventories | 3,827 | 3,372 |
| Prepaid expenses and other current assets | 2,277 | 1,505 |
| Total Current Assets | 17,441 | 17,569 |
| Property, Plant and Equipment, net | 19,698 | 19,058 |
| Amortizable Intangible Assets, net | 1,888 | 2,025 |
| Goodwill | 16,800 | 14,661 |
| Other nonamortizable intangible assets | 14,557 | 11,783 |
| Nonamortizable Intangible Assets | 31,357 | 26,444 |
| Investments in Noncontrolled Affiliates | 1,477 | 1,368 |
| Other Assets | 1,021 | 1,689 |
| Total Assets | 72,882 | 68,153 |
| LIABILITIES AND EQUITY | ||
| Short-term obligations | 6,205 | 4,898 |
| Accounts payable and other current liabilities | 11,757 | 10,923 |
| Income taxes payable | 192 | 71 |
| Total Current Liabilities | 18,154 | 15,892 |
| Long-Term Debt Obligations | 20,568 | 19,999 |
| Other Liabilities | 8,266 | 6,729 |
| Deferred Income Taxes | 4,995 | 4,057 |
| Total Liabilities | 51,983 | 46,677 |
| Commitments and Contingencies | ||
| Preferred Stock, no par value | 41 | 41 |
| PepsiCo Common Shareholders' Equity | ||
| Common stock, par value 1 2/3 per share (authorized 3,600 shares, issued 1,865 shares) | 31 | 31 |
| Capital in excess of par value | 4,461 | 4,527 |
| Retained earnings | 40,316 | 37,090 |
| Accumulated other comprehensive loss | (6,229) | (3,630) |
| Total PepsiCo Common Shareholders' Equity | 20,704 | 21,273 |
| Noncontrolling interests | 311 | 312 |
| Total Equity | 20,899 | 21,476 |
| Total Liabilities and Equity | 72,882 | 68,153 |
| Class of Stock | ||
| Preferred Stock | ||
| Repurchased stock | (157) | (150) |
| Common Stock | ||
| Repurchased stock | (17,875) | (16,745) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2011 | |
| 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 |