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: 2012 | |||
Consolidated Statement of Income | |||
Period Ending Dec 29, 2012 10-K (Filed: Feb 21, 2013) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2012 | Dec 31, 2011 | Dec 25, 2010 | |
| Net Revenue | $ 65,492 | 66,504 | 57,838 |
| Cost of sales | 31,291 | 31,593 | 26,575 |
| Selling, general and administrative expenses | 24,970 | 25,145 | 22,814 |
| Amortization of intangible assets | 119 | 133 | 117 |
| Operating Profit | 9,112 | 9,633 | 8,332 |
| Bottling equity income | 735 | ||
| Interest expense | (899) | (856) | (903) |
| Interest income and other | 91 | 57 | 68 |
| Income before income taxes | 8,304 | 8,834 | 8,232 |
| Provision for income taxes | 2,090 | 2,372 | 1,894 |
| Net income | 6,214 | 6,462 | 6,338 |
| Less: Net income attributable to noncontrolling interests | 36 | 19 | 18 |
| Net Income Attributable to PepsiCo | 6,178 | 6,443 | 6,320 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 3.96 | 4.08 | 3.97 |
| Diluted | 3.92 | 4.03 | 3.91 |
| Weighted-average common shares outstanding | |||
| Basic | 1,557 [1] | 1,576 | 1,590 |
| Diluted | 1,575 | 1,597 | 1,614 |
| Cash dividends declared per common share | 2.13 | 2.02 | 1.89 |
| [1] Weighted-average common shares outstanding (in millions). | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2012 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 29, 2012 10-K (Filed: Feb 21, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2012 | Dec 31, 2011 | Dec 25, 2010 | |
| Net income | $ 6,214 | 6,462 | 6,338 |
| Other Comprehensive Income | |||
| Currency translation adjustment, pre-tax amount | 737 | (1,464) | 299 |
| Currency translation adjustment, tax benefit/(expense) | |||
| Currency translation adjustment, after-tax amount | 737 | (1,464) | 299 |
| Cash flow hedges: | |||
| Net derivative losses, pre-tax amount | (50) | (126) | (69) |
| Net derivative losses, tax benefit/(expense) | 10 | 43 | 23 |
| Net derivative losses, after-tax amount | (40) | (83) | (46) |
| Reclassification of net losses to net income, pre-tax amount | 90 | 5 | 75 |
| Reclassification of net losses to net income, tax benefit/(expense) | (32) | 4 | (25) |
| Reclassification of net losses to net income, after-tax amount | 58 | 9 | 50 |
| Pension and retiree medical: | |||
| Net prior service (cost)/credit, pre-tax amount | (32) | (18) | 35 |
| Net prior service (cost)/credit, tax benefit/(expense) | 12 | 8 | (13) |
| Net prior service (cost)/credit, after-tax amount | (20) | (10) | 22 |
| Net (losses)/gains, pre-tax amount | (41) | (1,468) | (260) |
| Net (losses)/gains, tax benefit/(expense) | (11) | 501 | 124 |
| Net (losses)/gains, after-tax amount | (52) | (967) | (136) |
| Unrealized (losses)/gains on securities, pre-tax amount | 18 | (27) | 24 |
| Unrealized (losses)/gains on securities, tax benefit/(expense) | 19 | (1) | |
| Unrealized (losses)/gains on securities, net of tax | 18 | (8) | 23 |
| Other, pre-tax amount | (16) | (25) | |
| Other, tax benefit/(expense) | 36 | 5 | (36) |
| Other, after-tax amount | 36 | (11) | (61) |
| Total Other Comprehensive Income (Loss), pre-tax amount | 722 | (3,114) | 79 |
| Total Other Comprehensive Income/(Loss), tax benefit/(expense) | 15 | 580 | 72 |
| Other Comprehensive Income/(Loss), after-tax amount | 737 | (2,534) | 151 |
| Comprehensive income | 6,951 | 3,928 | 6,489 |
| Comprehensive income attributable to noncontrolling interests | (31) | (84) | (5) |
| Comprehensive Income Attributable to PepsiCo | 6,920 | 3,844 | 6,484 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 29, 2012 10-K (Filed: Feb 21, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2012 | Dec 31, 2011 | Dec 25, 2010 | |
| Operating Activities | |||
| Net income | $ 6,214 | 6,462 | 6,338 |
| Depreciation and amortization | 2,689 | 2,737 | 2,327 |
| Stock-based compensation expense | 278 | 326 | 299 |
| Merger and integration costs | 16 | 329 | 808 |
| Cash payments for merger and integration costs | (83) | (377) | (385) |
| Restructuring and impairment charges | 279 | 383 | |
| Cash payments for restructuring charges | (343) | (31) | (31) |
| Restructuring and other charges related to the transaction with Tingyi | 176 | ||
| Cash payments for restructuring and other charges related to the transaction with Tingyi | (109) | ||
| 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 | (124) | (70) | (107) |
| Pension and retiree medical plan contributions | (1,865) | (349) | (1,734) |
| Pension and retiree medical plan expenses | 796 | 571 | 453 |
| Bottling equity income, net of dividends | 42 | ||
| Deferred income taxes and other tax charges and credits | 321 | 495 | 500 |
| Change in accounts and notes receivable | (250) | (666) | (268) |
| Change in inventories | 144 | (331) | 276 |
| Change in prepaid expenses and other current assets | 89 | (27) | 144 |
| Change in accounts payable and other current liabilities | 548 | 520 | 488 |
| Change in income taxes payable | (97) | (340) | 123 |
| Other, net | (200) | (688) | (132) |
| Net Cash Provided by Operating Activities | 8,479 | 8,944 | 8,448 |
| Investing Activities | |||
| Capital spending | (2,714) | (3,339) | (3,253) |
| Sales of property, plant and equipment | 95 | 84 | 81 |
| Acquisition of manufacturing and distribution rights from DPSG | (900) | ||
| Investment in WBD | (164) | (463) | |
| Cash payments related to the transaction with Tingyi | (306) | ||
| Other acquisitions and investments in noncontrolled affiliates | (121) | (601) | (83) |
| Divestitures | (32) | 780 | 12 |
| Short-term investments, by original maturity | |||
| More than three months purchases | (12) | ||
| More than three months maturities | 21 | 29 | |
| Other investing, net | 12 | (16) | (17) |
| Net Cash Used for Investing Activities | (3,005) | (5,618) | (7,668) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 5,999 | 3,000 | 6,451 |
| Payments of long-term debt | (2,449) | (1,596) | (59) |
| Debt repurchase | (771) | (500) | |
| Short-term borrowings, by original maturity | |||
| More than three months proceeds | 549 | 523 | 227 |
| More than three months payments | (248) | (559) | (96) |
| Three months or less, net | (1,762) | 339 | 2,351 |
| Cash dividends paid | (3,305) | (3,157) | (2,978) |
| Share repurchases common | (3,219) | (2,489) | (4,978) |
| Share repurchases preferred | (7) | (7) | (5) |
| Proceeds from exercises of stock options | 1,122 | 945 | 1,038 |
| Excess tax benefits from share-based payment arrangements | 124 | 70 | 107 |
| Acquisition of noncontrolling interests | (68) | (1,406) | (159) |
| Other financing | (42) | (27) | (13) |
| Net Cash (Used for)/Provided by Financing Activities | (3,306) | (5,135) | 1,386 |
| Effect of exchange rate changes on cash and cash equivalents | 62 | (67) | (166) |
| Net Increase/(Decrease) in Cash and Cash Equivalents | 2,230 | (1,876) | 2,000 |
| Cash and Cash Equivalents, Beginning of Year | 4,067 | 5,943 | |
| Cash and Cash Equivalents, End of Year | 6,297 | 4,067 | 5,943 |
| 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 | 61 | 45 | (229) |
| Legal Entity | |||
| PBG and PAS Acquisition | |||
| Acquisition, net of cash and cash equivalents acquired | (2,833) | ||
| WBD | |||
| Acquisition, 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: 2012 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 29, 2012 10-K (Filed: Feb 21, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 29, 2012 | Dec 31, 2011 | |
| ASSETS | ||
| Cash and cash equivalents | $ 6,297 | 4,067 |
| Short-term investments | 322 | 358 |
| Accounts and notes receivable, net | 7,041 | 6,912 |
| Inventories | 3,581 | 3,827 |
| Prepaid expenses and other current assets | 1,479 | 2,277 |
| Total Current Assets | 18,720 | 17,441 |
| Property, Plant and Equipment, net | 19,136 | 19,698 |
| Amortizable Intangible Assets, net | 1,781 | 1,888 |
| Goodwill | 16,971 | 16,800 |
| Other nonamortizable intangible assets | 14,744 | 14,557 |
| Nonamortizable Intangible Assets | 31,715 | 31,357 |
| Investments in Noncontrolled Affiliates | 1,633 | 1,477 |
| Other Assets | 1,653 | 1,021 |
| Total Assets | 74,638 | 72,882 |
| LIABILITIES AND EQUITY | ||
| Short-term obligations | 4,815 | 6,205 |
| Accounts payable and other current liabilities | 11,903 | 11,757 |
| Income taxes payable | 371 | 192 |
| Total Current Liabilities | 17,089 | 18,154 |
| Long-Term Debt Obligations | 23,544 | 20,568 |
| Other Liabilities | 6,543 | 8,266 |
| Deferred Income Taxes | 5,063 | 4,995 |
| Total Liabilities | 52,239 | 51,983 |
| Commitments and Contingencies | ||
| Preferred Stock, no par value | 41 | 41 |
| 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: 1,544 and 1,565 shares, respectively) | 26 | 26 |
| Capital in excess of par value | 4,178 | 4,461 |
| Retained earnings | 43,158 | 40,316 |
| Accumulated other comprehensive loss | (5,487) | (6,229) |
| Total PepsiCo Common Shareholders Equity | 22,417 | 20,704 |
| Noncontrolling interests | 105 | 311 |
| Total Equity | 22,399 | 20,899 |
| Total Liabilities and Equity | 74,638 | 72,882 |
| Class of Stock | ||
| Preferred Stock | ||
| Repurchased stock | (164) | (157) |
| Common Stock | ||
| Repurchased stock | (19,458) | (17,870) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2012 | |
| 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 |