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: 2018 | |||
Consolidated Statement of Income | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 15, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Revenues | $ 64,661 | 63,525 | 62,799 |
| Cost of sales | 29,381 | 28,796 | 28,222 |
| Gross Profit | 35,280 | 34,729 | 34,577 |
| Selling, general and administrative expenses | 25,170 | 24,453 | 24,773 |
| Operating Profit | 10,110 | 10,276 | 9,804 |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | 298 | 233 | (19) |
| Interest expense | (1,525) | (1,151) | (1,342) |
| Interest and Other Income | 306 | 244 | 110 |
| Income before income taxes | 9,189 | 9,602 | 8,553 |
| (Benefit from)/provision for income taxes (See Note 5) | (3,370) | 4,694 | 2,174 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 12,559 | 4,908 | 6,379 |
| Less: Net income attributable to noncontrolling interests | 44 | 51 | 50 |
| Net Income Attributable to PepsiCo | 12,515 | 4,857 | 6,329 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 8.84 | 3.40 | 4.39 |
| Diluted | 8.78 | 3.38 | 4.36 |
| Weighted-average common shares outstanding | |||
| Basic | 1,415 | 1,425 | 1,439 |
| Diluted | 1,425 | 1,438 | 1,452 [1] |
| [1] Weighted-average common shares outstanding (in millions). | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2018 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 15, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 12,559 | 4,908 | 6,379 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | (1,641) | 1,109 | (302) |
| Other comprehensive loss | |||
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax | 40 | (36) | 46 |
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax | (467) | (159) | (316) |
| Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax | 6 | (68) | (24) |
| Other Comprehensive Income, Other, Net of Tax | 0 | 16 | 0 |
| Other Comprehensive Income/(Loss), after-tax amount | (2,062) | 862 | (596) |
| Comprehensive income | 10,497 | 5,770 | 5,783 |
| Comprehensive income attributable to noncontrolling interests | (44) | (51) | (54) |
| Comprehensive Income Attributable to PepsiCo | 10,453 | 5,719 | 5,729 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2018 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 29, 2018 10-K (Filed: Feb 15, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 29, 2018 | Dec 30, 2017 | Dec 31, 2016 | |
| Operating Activities | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $ 12,559 | 4,908 | 6,379 |
| Depreciation and amortization | 2,399 | 2,369 | 2,368 |
| Share-based compensation expense | 256 | 292 | 284 |
| Restructuring and impairment charges | 308 | 295 | 160 |
| Cash payments for restructuring charges | (255) | (113) | (125) |
| Charge related to the transaction with Tingyi | 0 | 0 | 373 |
| Pension and retiree medical plan expenses | 221 | 221 | 501 |
| Pension and retiree medical plan contributions | (1,708) | (220) | (695) |
| Deferred income taxes and other tax charges and credits | (531) | 619 | 452 |
| Other net tax benefits related to international reorganizations | (4,347) | 0 | 0 |
| Net tax (benefit)/expense related to the TCJ Act | (28) | 2,451 | 0 |
| Change in assets and liabilities [Abstract] | |||
| Accounts and notes receivable | (253) | (202) | (349) |
| Inventories | (174) | (168) | (75) |
| Prepaid expenses and other current assets | 9 | 20 | 10 |
| Accounts payable and other current liabilities | 882 | 201 | 981 |
| Income taxes payable | 333 | (338) | 329 |
| Other, net | (256) | (305) | 70 |
| Net Cash Provided by (Used in) Operating Activities | 9,415 | 10,030 | 10,663 |
| Investing Activities | |||
| Capital spending | (3,282) | (2,969) | (3,040) |
| Sales of property, plant and equipment | 134 | 180 | 99 |
| Acquisition of SodaStream, net of cash and cash equivalents acquired | (1,197) | 0 | 0 |
| Other acquisitions and investments in noncontrolled affiliates | (299) | (61) | (212) |
| Divestitures | 505 | 267 | 85 |
| Short-term investments, by original maturity: | |||
| More than three months - purchases | (5,637) | (18,385) | (12,504) |
| More than three months - maturities | 12,824 | 15,744 | 8,399 |
| More than three months - sales | 1,498 | 790 | 0 |
| Three months or less, net | 16 | 2 | 16 |
| Other investing, net | 2 | 29 | 7 |
| Net Cash Provided by/(Used for) Investing Activities | 4,564 | (4,403) | (7,150) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 0 | 7,509 | 7,818 |
| Payments of long-term debt | (4,007) | (4,406) | (3,105) |
| Cash tender and exchange offers/debt redemptions | (1,589) | 0 | (2,504) |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 3 | 91 | 59 |
| More than three months - payments | (17) | (128) | (27) |
| Three months or less, net | (1,352) | (1,016) | 1,505 |
| Cash dividends paid | (4,930) | (4,472) | (4,227) |
| Share repurchases - common | (2,000) | (2,000) | (3,000) |
| Share repurchases - preferred | (2) | (5) | (7) |
| Proceeds from exercises of stock options | 281 | 462 | 465 |
| Withholding tax payments on RSUs, PSUs and PEPunits converted | (103) | (145) | (130) |
| Other financing | (53) | (76) | (58) |
| Net Cash Used for Financing Activities | (13,769) | (4,186) | (3,211) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | (98) | 47 | (252) |
| Cash and Cash Equivalents and Restricted Cash, Period Increase (Decrease) | 112 | 1,488 | 50 |
| Cash and Cash Equivalents and Restricted Cash, End of Year | 8,721 | 10,610 | |
| Cash and cash equivalents and restricted cash | 10,769 | 10,657 | 9,169 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2018 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 29, 2018 10-K (Filed: Feb 15, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 29, 2018 | Dec 30, 2017 | |
| ASSETS | ||
| Cash and cash equivalents | $ 8,721 | 10,610 |
| Short-term Investments | 272 | 8,900 |
| Restricted Cash | 1,997 | 0 |
| Accounts and notes receivable, net | 7,142 | 7,024 |
| Inventories | 3,128 | 2,947 |
| Prepaid expenses and other current assets | 633 | 1,546 |
| Assets, Current | 21,893 | 31,027 |
| Property, Plant and Equipment, net | 17,589 | 17,240 |
| Amortizable Intangible Assets, net | 1,644 | 1,268 |
| Goodwill | 14,808 | 14,744 |
| Indefinite-lived Intangible Assets (Excluding Goodwill) | 14,181 | 12,570 |
| Indefinite-Lived Intangible Assets | 28,989 | 27,314 |
| Equity Method Investments | 2,409 | 2,042 |
| Deferred Income Tax Assets, Net | 4,364 | 0 |
| Other Assets | 760 | 913 |
| Total Assets | 77,648 | 79,804 |
| LIABILITIES AND EQUITY | ||
| Short-term debt obligations | 4,026 | 5,485 |
| Accounts payable and other current liabilities | 18,112 | 15,017 |
| Liabilities, Current | 22,138 | 20,502 |
| Long-Term Debt Obligations | 28,295 | 33,796 |
| Deferred Income Tax Liabilities, Net | 3,499 | 3,242 |
| Other Liabilities, Noncurrent | 9,114 | 11,283 |
| Liabilities | 63,046 | 68,823 |
| Commitments and contingencies | ||
| Preferred Stock, no par value | 0 | 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: 1,409 and 1,420 shares, respectively) | 23 | 24 |
| Additional Paid in Capital, Common Stock | 3,953 | 3,996 |
| Retained Earnings (Accumulated Deficit) | 59,947 | 52,839 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (15,119) | (13,057) |
| Stockholders' Equity Attributable to Parent | 14,518 | 11,045 |
| Stockholders' Equity Attributable to Noncontrolling Interest | 84 | 92 |
| Total Equity | 14,602 | 10,981 |
| Liabilities and Equity | 77,648 | 79,804 |
| Equity Components | ||
| Additional Paid-in Capital | ||
| Stockholders' Equity Attributable to Parent | 3,953 | 3,996 |
| Retained Earnings | ||
| Stockholders' Equity Attributable to Parent | 59,947 | 52,839 |
| AOCI Attributable to Parent | ||
| Stockholders' Equity Attributable to Parent | (15,119) | (13,057) |
| Treasury Stock | ||
| Stockholders' Equity Attributable to Parent | (34,286) | (32,757) |
| Common Stock | ||
| Stockholders' Equity Attributable to Parent | 23 | 24 |
| Class of Stock | ||
| Preferred Stock | ||
| Stockholders' Equity Attributable to Parent | 0 | (197) |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2018 | |
| 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 |