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: 2013 | |||
Consolidated Statement of Income | |||
Period Ending Dec 28, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
| Net Revenue | $ 66,415 | 65,492 | 66,504 |
| Cost of sales | 31,243 | 31,291 | 31,593 |
| Selling, general and administrative expenses | 25,357 | 24,970 | 25,145 |
| Amortization of intangible assets | 110 | 119 | 133 |
| Operating Profit | 9,705 | 9,112 | 9,633 |
| Interest expense | (911) | (899) | (856) |
| Interest income and other | 97 | 91 | 57 |
| Income before income taxes | 8,891 | 8,304 | 8,834 |
| Provision for income taxes | 2,104 | 2,090 | 2,372 |
| Net income | 6,787 | 6,214 | 6,462 |
| Less: Net income attributable to noncontrolling interests | 47 | 36 | 19 |
| Net Income Attributable to PepsiCo | 6,740 | 6,178 | 6,443 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 4.37 | 3.96 | 4.08 |
| Diluted | 4.32 | 3.92 | 4.03 |
| Weighted-average common shares outstanding | |||
| Basic | 1,541 | 1,557 [1] | 1,576 |
| Diluted | 1,560 | 1,575 | 1,597 |
| Cash dividends declared per common share | 2.24 | 2.13 | 2.02 |
| [1] Weighted-average common shares outstanding (in millions). | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2013 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 28, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
| Net income | $ 6,787 | 6,214 | 6,462 |
| Other Comprehensive Income | |||
| Currency translation adjustment, pre-tax amount | (1,303) | 737 | (1,464) |
| Currency translation adjustment, tax benefit/(expense) | |||
| Currency translation adjustment, after-tax amount | (1,303) | 737 | (1,464) |
| Cash flow hedges: | |||
| Reclassification of net losses to net income, pre-tax amount | 45 | 90 | 5 |
| Reclassification of net losses to net income, tax benefit/(expense) | (17) | (32) | 4 |
| Reclassification of net losses to net income, after-tax amount | 28 | 58 | 9 |
| Net derivative losses, pre-tax amount | (20) | (50) | (126) |
| Net derivative losses, tax benefit/(expense) | 10 | 10 | 43 |
| Net derivative losses, after-tax amount | (10) | (40) | (83) |
| Pension and retiree medical: | |||
| Net prior service cost, pre-tax amount | (23) | (32) | (18) |
| Net prior service cost, tax benefit (expense) | 8 | 12 | 8 |
| Net prior service cost, after-tax | (15) | (20) | (10) |
| Net (losses)/gains, pre-tax amount | 2,540 | (41) | (1,468) |
| Net (losses)/gains, tax benefit/(expense) | (895) | (11) | 501 |
| Net (losses)/gains, after-tax amount | 1,645 | (52) | (967) |
| Unrealized (losses)/gains on securities, pre-tax amount | 57 | 18 | (27) |
| Unrealized (losses)/gains on securities, tax benefit/(expense) | (28) | 19 | |
| Unrealized (losses)/gains on securities, net of tax | 29 | 18 | (8) |
| Other, pre-tax amount | (16) | ||
| Other, tax benefit/(expense) | (16) | 36 | 5 |
| Other Comprehensive Income, Other, Net of Tax | (16) | 36 | (11) |
| Total Other Comprehensive Income (Loss), pre-tax amount | 1,296 | 722 | (3,114) |
| Total Other Comprehensive Income/(Loss), tax benefit/(expense) | (938) | 15 | 580 |
| Other Comprehensive Income/(Loss), after-tax amount | 358 | 737 | (2,534) |
| Comprehensive income | 7,145 | 6,951 | 3,928 |
| Comprehensive income attributable to noncontrolling interests | (45) | (31) | (84) |
| Comprehensive Income Attributable to PepsiCo | 7,100 | 6,920 | 3,844 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 28, 2013 10-K (Filed: Feb 14, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
| Operating Activities | |||
| Net income | $ 6,787 | 6,214 | 6,462 |
| Depreciation and amortization | 2,663 | 2,689 | 2,737 |
| Stock-based compensation expense | 303 | 278 | 326 |
| Merger and integration costs | 10 | 16 | 329 |
| Cash payments for merger and integration costs | (25) | (83) | (377) |
| Restructuring and impairment charges | 163 | 279 | 383 |
| Cash payments for restructuring charges | (133) | (343) | (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 | (26) | (109) | |
| Non-cash foreign exchange loss related to Venezuela devaluation | 111 | ||
| Excess tax benefits from share-based payment arrangements | (117) | (124) | (70) |
| Pension and retiree medical plan contributions | (262) | (1,865) | (349) |
| Pension and retiree medical plan expenses | 663 | 796 | 571 |
| Deferred income taxes and other tax charges and credits | (1,058) | 321 | 495 |
| Change in accounts and notes receivable | (88) | (250) | (666) |
| Change in inventories | 4 | 144 | (331) |
| Change in prepaid expenses and other current assets | (51) | 89 | (27) |
| Change in accounts payable and other current liabilities | 1,007 | 548 | 520 |
| Change in income taxes payable | 86 | (97) | (340) |
| Other, net | (349) | (200) | (688) |
| Net Cash Provided by Operating Activities | 9,688 | 8,479 | 8,944 |
| Investing Activities | |||
| Capital spending | (2,795) | (2,714) | (3,339) |
| Sales of property, plant and equipment | 109 | 95 | 84 |
| Acquisition of WBD, net of cash and cash equivalents acquired | (2,428) | ||
| Investment in WBD | (164) | ||
| Cash payments related to the transaction with Tingyi | (3) | (306) | |
| Other acquisitions and investments in noncontrolled affiliates | (109) | (121) | (601) |
| Divestitures | 133 | (32) | 780 |
| Short-term investments, by original maturity | |||
| More than three months maturities | 21 | ||
| Three months or less, net | 61 | 61 | 45 |
| Other investing, net | (21) | 12 | (16) |
| Net Cash Used for Investing Activities | (2,625) | (3,005) | (5,618) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 4,195 | 5,999 | 3,000 |
| Payments of long-term debt | (3,894) | (2,449) | (1,596) |
| Debt repurchase | (771) | ||
| Short-term borrowings, by original maturity | |||
| More than three months proceeds | 23 | 549 | 523 |
| More than three months payments | (492) | (248) | (559) |
| Three months or less, net | 1,634 | (1,762) | 339 |
| Cash dividends paid | (3,434) | (3,305) | (3,157) |
| Share repurchases common | (3,001) | (3,219) | (2,489) |
| Share repurchases preferred | (7) | (7) | (7) |
| Proceeds from exercises of stock options | 1,123 | 1,122 | 945 |
| Excess tax benefits from share-based payment arrangements | 117 | 124 | 70 |
| Acquisition of noncontrolling interests | (20) | (68) | (1,406) |
| Other financing | (33) | (42) | (27) |
| Net Cash Used for Financing Activities | (3,789) | (3,306) | (5,135) |
| Effect of exchange rate changes on cash and cash equivalents | (196) | 62 | (67) |
| Net Increase/(Decrease) in Cash and Cash Equivalents | 3,078 | 2,230 | (1,876) |
| Cash and Cash Equivalents, Beginning of Year | 6,297 | 4,067 | |
| Cash and Cash Equivalents, End of Year | 9,375 | 6,297 | 4,067 |
| Legal Entity | |||
| WBD | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2013 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 28, 2013 10-K (Filed: Feb 14, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 28, 2013 | Dec 29, 2012 | |
| ASSETS | ||
| Cash and cash equivalents | $ 9,375 | 6,297 |
| Short-term investments | 303 | 322 |
| Accounts and notes receivable, net | 6,954 | 7,041 |
| Inventories | 3,409 | 3,581 |
| Prepaid expenses and other current assets | 2,162 | 1,479 |
| Total Current Assets | 22,203 | 18,720 |
| Property, Plant and Equipment, net | 18,575 | 19,136 |
| Amortizable Intangible Assets, net | 1,638 | 1,781 |
| Goodwill | 16,613 | 16,971 |
| Other nonamortizable intangible assets | 14,401 | 14,744 |
| Nonamortizable Intangible Assets | 31,014 | 31,715 |
| Investments in Noncontrolled Affiliates | 1,841 | 1,633 |
| Other Assets | 2,207 | 1,653 |
| Total Assets | 77,478 | 74,638 |
| LIABILITIES AND EQUITY | ||
| Short-term obligations | 5,306 | 4,815 |
| Accounts payable and other current liabilities | 12,533 | 11,903 |
| Income taxes payable | 371 | |
| Total Current Liabilities | 17,839 | 17,089 |
| Long-Term Debt Obligations | 24,333 | 23,544 |
| Other Liabilities | 4,931 | 6,543 |
| Deferred Income Taxes | 5,986 | 5,063 |
| Total Liabilities | 53,089 | 52,239 |
| 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: 1,529 and 1,544 shares, respectively) | 25 | 26 |
| Capital in excess of par value | 4,095 | 4,178 |
| Retained earnings | 46,420 | 43,158 |
| Accumulated other comprehensive loss | (5,127) | (5,487) |
| Stockholders' Equity Attributable to Parent | 24,409 | 22,417 |
| Noncontrolling interests | 110 | 105 |
| Total Equity | 24,389 | 22,399 |
| Total Liabilities and Equity | 77,478 | 74,638 |
| Class of Stock | ||
| Preferred Stock | ||
| Repurchased stock | (171) | (164) |
| Common Stock | ||
| Repurchased stock | (21,004) | (19,458) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2013 | |
| 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 |