10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2014 | |||
Consolidated Statement of Income | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 12, 2015) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Net Revenue | $ 66,683 | 66,415 | 65,492 |
| Cost of sales | 30,884 | 31,243 | 31,291 |
| Gross Profit | 35,799 | 35,172 | 34,201 |
| Selling, general and administrative expenses | 26,126 | 25,357 | 24,970 |
| Amortization of intangible assets | 92 | 110 | 119 |
| Operating Profit | 9,581 | 9,705 | 9,112 |
| Interest expense | (909) | (911) | (899) |
| Interest income and other | 85 | 97 | 91 |
| Income before income taxes | 8,757 | 8,891 | 8,304 |
| Provision for income taxes | 2,199 | 2,104 | 2,090 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 6,558 | 6,787 | 6,214 |
| Less: Net income attributable to noncontrolling interests | 45 | 47 | 36 |
| Net Income Attributable to PepsiCo | 6,513 | 6,740 | 6,178 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 4.31 | 4.37 | 3.96 |
| Diluted | 4.27 | 4.32 | 3.92 |
| Weighted-average common shares outstanding | |||
| Basic | 1,509 [1] | 1,541 | 1,557 |
| Diluted | 1,527 | 1,560 | 1,575 |
| Cash dividends declared per common share | 2.53 | 2.24 | 2.13 |
| [1] Weighted-average common shares outstanding (in millions). | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2014 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 12, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 6,558 | 6,787 | 6,214 |
| Other Comprehensive Loss | |||
| Currency translation adjustment, pre-tax amount | (5,010) | (1,303) | 737 |
| Other Comprehensive Income (Loss), Foreign Currency Translation Gain (Loss) Arising During Period, Tax | 0 | 0 | 0 |
| Currency translation adjustment, after-tax amount | (5,010) | (1,303) | 737 |
| Cash flow hedges: | |||
| Reclassification of net losses to net income, pre-tax amount | 249 | 45 | 90 |
| Reclassification of net losses to net income, tax benefit/(expense) | (95) | (17) | (32) |
| Reclassification of net losses to net income, after-tax amount | 154 | 28 | 58 |
| Net derivative losses, pre-tax amount | (88) | (20) | (50) |
| Net derivative losses, tax benefit/(expense) | 44 | 10 | 10 |
| Net derivative losses, after-tax amount | (44) | (10) | (40) |
| Pension and retiree medical: | |||
| Reclassification of net losses to net income | 369 | 353 | 508 |
| Net prior service cost, tax benefit (expense) | (122) | (123) | (87) |
| Net prior service cost, after-tax | 247 | 230 | 421 |
| Remeasurement of net liabilities and translation | (1,323) | 2,164 | (581) |
| Net (losses)/gains, tax benefit/(expense) | 437 | (764) | 88 |
| Net (losses)/gains, after-tax amount | (886) | 1,400 | (493) |
| Unrealized (losses)/gains on securities, pre-tax amount | (11) | 57 | 18 |
| Unrealized (losses)/gains on securities, tax benefit/(expense) | 5 | (28) | |
| Unrealized (losses)/gains on securities, net of tax | (6) | 29 | 18 |
| Other, pre-tax amount | 1 | ||
| Other, tax benefit/(expense) | (16) | 36 | |
| Other Comprehensive Income, Other, Net of Tax | 1 | (16) | 36 |
| Total Other Comprehensive Income (Loss), pre-tax amount | (5,813) | 1,296 | 722 |
| Total Other Comprehensive Income/(Loss), tax benefit/(expense) | 269 | (938) | 15 |
| Other Comprehensive Income/(Loss), after-tax amount | (5,544) | 358 | 737 |
| Comprehensive income | 1,014 | 7,145 | 6,951 |
| Comprehensive income attributable to noncontrolling interests | (43) | (45) | (31) |
| Comprehensive Income Attributable to PepsiCo | 971 | 7,100 | 6,920 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2014 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 27, 2014 10-K (Filed: Feb 12, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 6,558 | 6,787 | 6,214 |
| Operating Activities | |||
| Depreciation and amortization | 2,625 | 2,663 | 2,689 |
| Stock-based compensation expense | 297 | 303 | 278 |
| Merger and integration charges | 0 | 10 | 16 |
| Cash payments for merger and integration charges | 0 | (25) | (83) |
| Restructuring and impairment charges | 418 | 163 | 279 |
| Cash payments for restructuring charges | (266) | (133) | (343) |
| Payments for restructuring and other charges related to Tingyi | 0 | 176 | |
| Cash payments for restructuring and other charges related to the transaction with Tingyi | 0 | (26) | (109) |
| Venezuela remeasurement charges | 105 | 111 | 0 |
| Excess tax benefits from share-based payment arrangements | (114) | (117) | (124) |
| Pension and retiree medical plan contributions | (655) | (262) | (1,865) |
| Pension and retiree medical plan expenses | 667 | 663 | 796 |
| Deferred income taxes and other tax charges and credits | (19) | (1,058) | 321 |
| Accounts and notes receivable | (343) | (88) | (250) |
| Inventories | (111) | 4 | 144 |
| Prepaid expenses and other current assets | 80 | (51) | 89 |
| Accounts payable and other current liabilities | 1,162 | 1,007 | 548 |
| Income taxes payable | 371 | 86 | (97) |
| Other, net | (269) | (349) | (200) |
| Net Cash Provided by Operating Activities | 10,506 | 9,688 | 8,479 |
| Investing Activities | |||
| Capital spending | (2,859) | (2,795) | (2,714) |
| Sales of property, plant and equipment | 115 | 109 | 95 |
| Cash payments related to the transaction with Tingyi | 0 | (3) | (306) |
| Acquisitions and investments in noncontrolled affiliates | (88) | (109) | (121) |
| Divestitures | 203 | 133 | (32) |
| Short-term investments, by original maturity | |||
| More than three months - purchases | (6,305) | 0 | 0 |
| Payments for (Proceeds from) Short-Term Investments - Maturities | 3,891 | 0 | 0 |
| Three months or less, net | 116 | 61 | 61 |
| Other investing, net | (10) | (21) | 12 |
| Net Cash Used for Investing Activities | (4,937) | (2,625) | (3,005) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 3,855 | 4,195 | 5,999 |
| Payments of long-term debt | (2,189) | (3,894) | (2,449) |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 50 | 23 | 549 |
| More than three months - payments | (10) | (492) | (248) |
| Three months or less, net | (2,037) | 1,634 | (1,762) |
| Cash dividends paid | (3,730) | (3,434) | (3,305) |
| Share repurchases - common | (5,012) | (3,001) | (3,219) |
| Share repurchases - preferred | (10) | (7) | (7) |
| Proceeds from exercises of stock options | 755 | 1,123 | 1,122 |
| Excess tax benefits from share-based payment arrangements | 114 | 117 | 124 |
| Acquisition of noncontrolling interests | 0 | (20) | (68) |
| Other financing | (50) | (33) | (42) |
| Net Cash Used for Financing Activities | (8,264) | (3,789) | (3,306) |
| Effect of exchange rate changes on cash and cash equivalents | (546) | (196) | 62 |
| Net (Decrease)/Increase in Cash and Cash Equivalents | (3,241) | 3,078 | 2,230 |
| Cash and Cash Equivalents, Beginning of Year | 9,375 | 6,297 | |
| Cash and Cash Equivalents, End of Year | 6,134 | 9,375 | 6,297 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2014 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 27, 2014 10-K (Filed: Feb 12, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 27, 2014 | Dec 28, 2013 | |
| ASSETS | ||
| Cash and cash equivalents | $ 6,134 | 9,375 |
| Short-term Investments | 2,592 | 303 |
| Accounts and notes receivable, net | 6,651 | 6,954 |
| Inventories | 3,143 | 3,409 |
| Prepaid expenses and other current assets | 2,143 | 2,162 |
| Assets, Current | 20,663 | 22,203 |
| Property, Plant and Equipment, net | 17,244 | 18,575 |
| Amortizable Intangible Assets, net | 1,449 | 1,638 |
| Goodwill | 14,965 | 16,613 |
| Indefinite-Lived Intangible Assets (Excluding Goodwill) | 12,639 | 14,401 |
| Nonamortizable Intangible Assets | 27,604 | 31,014 |
| Equity Method Investments | 2,689 | 2,623 |
| Other Assets | 860 | 1,425 |
| Total Assets | 70,509 | 77,478 |
| LIABILITIES AND EQUITY | ||
| Short-term obligations | 5,076 | 5,306 |
| Accounts payable and other current liabilities | 13,016 | 12,533 |
| Liabilities, Current | 18,092 | 17,839 |
| Long-Term Debt Obligations | 23,821 | 24,333 |
| Other Liabilities, Noncurrent | 5,744 | 4,931 |
| Deferred Income Taxes | 5,304 | 5,986 |
| Liabilities | 52,961 | 53,089 |
| Commitments and contingencies | ||
| Preferred Stock, no par value | 41 | 41 |
| PepsiCo Common Shareholders Equity | ||
| Common Stock, Value, Issued | 25 | 25 |
| Additional Paid in Capital, Common Stock | 4,115 | 4,095 |
| Retained Earnings (Accumulated Deficit) | 49,092 | 46,420 |
| Accumulated other comprehensive loss | (10,669) | (5,127) |
| Stockholders' Equity Attributable to Parent | 17,578 | 24,409 |
| Stockholders' Equity Attributable to Noncontrolling Interest | 110 | 110 |
| Total Equity | 17,548 | 24,389 |
| Liabilities and Equity | 70,509 | 77,478 |
| Class of Stock | ||
| Preferred Stock | ||
| Treasury Stock, Value | (181) | (171) |
| Common Stock | ||
| Treasury Stock, Value | (24,985) | (21,004) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2014 | |
| 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 |