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: 2019 | |||
Consolidated Statement of Income | |||
Period Ending Dec 28, 2019 10-K (Filed: Feb 13, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | |
| Net Revenue | $ 67,161 | 64,661 | 63,525 |
| Cost of sales | 30,132 | 29,381 | 28,796 |
| Gross profit | 37,029 | 35,280 | 34,729 |
| Selling, general and administrative expenses | 26,738 | 25,170 | 24,453 |
| Operating Profit | 10,291 | 10,110 | 10,276 |
| Other pension and retiree medical benefits (expense)/income | (44) | 298 | 233 |
| Interest expense | (1,135) | (1,525) | (1,151) |
| Interest income and other | 200 | 306 | 244 |
| Income before income taxes | 9,312 | 9,189 | 9,602 |
| Provision for/(benefit from) income taxes (See Note 5) | 1,959 | (3,370) | 4,694 |
| Net income | 7,353 | 12,559 | 4,908 |
| Less: Net income attributable to noncontrolling interests | 39 | 44 | 51 |
| Net Income Attributable to PepsiCo | 7,314 | 12,515 | 4,857 |
| Net Income Attributable to PepsiCo per Common Share | |||
| Basic | 5.23 | 8.84 | 3.40 |
| Diluted | 5.20 | 8.78 | 3.38 |
| Weighted-average common shares outstanding | |||
| Basic | 1,399 | 1,415 | 1,425 |
| Diluted | 1,407 | 1,425 | 1,438 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2019 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 28, 2019 10-K (Filed: Feb 13, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | |
| Net income | $ 7,353 | 12,559 | 4,908 |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | 628 | (1,641) | 1,109 |
| Other comprehensive loss | |||
| Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax | (90) | 40 | (36) |
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax | 283 | (467) | (159) |
| Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax | (2) | 6 | (68) |
| Other Comprehensive Income, Other, Net of Tax | 0 | 0 | 16 |
| Other Comprehensive Income/(Loss), after-tax amount | 819 | (2,062) | 862 |
| Comprehensive income | 8,172 | 10,497 | 5,770 |
| Comprehensive income attributable to noncontrolling interests | (39) | (44) | (51) |
| Comprehensive Income Attributable to PepsiCo | 8,133 | 10,453 | 5,719 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PEPSICO INC | |||
Ticker: PEP Fiscal Year: 2019 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 28, 2019 10-K (Filed: Feb 13, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | |
| Operating Activities | |||
| Net income | $ 7,353 | 12,559 | 4,908 |
| Depreciation and amortization | 2,432 | 2,399 | 2,369 |
| Share-based compensation expense | 237 | 256 | 292 |
| Restructuring and impairment charges | 370 | 308 | 295 |
| Cash payments for restructuring charges | (350) | (255) | (113) |
| Pension and retiree medical plan expenses | 519 | 221 | 221 |
| Pension and retiree medical plan contributions | (716) | (1,708) | (220) |
| Deferred income taxes and other tax charges and credits | 453 | (531) | 619 |
| Other net tax benefits related to international reorganizations | (2) | (4,347) | 0 |
| Net tax (benefit)/expense related to the TCJ Act | (8) | (28) | 2,451 |
| Tax payments related to the TCJ Act | (423) | (115) | 0 |
| Change in assets and liabilities [Abstract] | |||
| Accounts and notes receivable | (650) | (253) | (202) |
| Inventories | (190) | (174) | (168) |
| Prepaid expenses and other current assets | (87) | 9 | 20 |
| Accounts payable and other current liabilities | 735 | 882 | 201 |
| Income taxes payable | (287) | 448 | (338) |
| Other, net | 263 | (256) | (305) |
| Net Cash Provided by (Used in) Operating Activities | 9,649 | 9,415 | 10,030 |
| Investing Activities | |||
| Capital spending | (4,232) | (3,282) | (2,969) |
| Sales of property, plant and equipment | 170 | 134 | 180 |
| Acquisition of SodaStream, net of cash and cash equivalents acquired | (1,939) | (1,197) | 0 |
| Other acquisitions and investments in noncontrolled affiliates | (778) | (299) | (61) |
| Divestitures | 253 | 505 | 267 |
| Short-term investments, by original maturity: | |||
| More than three months - purchases | 0 | (5,637) | (18,385) |
| More than three months - maturities | 16 | 12,824 | 15,744 |
| More than three months - sales | 62 | 1,498 | 790 |
| Three months or less, net | 19 | 16 | 2 |
| Other investing, net | (8) | 2 | 29 |
| Net Cash (Used for)/Provided by Investing Activities | (6,437) | 4,564 | (4,403) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 4,621 | 0 | 7,509 |
| Payments of long-term debt | (3,970) | (4,007) | (4,406) |
| Cash tender and exchange offers/debt redemptions | (1,007) | (1,589) | 0 |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 6 | 3 | 91 |
| More than three months - payments | (2) | (17) | (128) |
| Three months or less, net | (3) | (1,352) | (1,016) |
| Cash dividends paid | (5,304) | (4,930) | (4,472) |
| Share repurchases - common | (3,000) | (2,000) | (2,000) |
| Share repurchases - preferred | 0 | (2) | (5) |
| Proceeds from exercises of stock options | 329 | 281 | 462 |
| Withholding tax payments on RSUs, PSUs and PEPunits converted | (114) | (103) | (145) |
| Other financing | (45) | (53) | (76) |
| Net Cash Used for Financing Activities | (8,489) | (13,769) | (4,186) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 78 | (98) | 47 |
| Cash and Cash Equivalents and Restricted Cash, Period Increase (Decrease) | (5,199) | 112 | 1,488 |
| Cash and cash equivalents and restricted cash | 5,570 | 10,769 | 10,657 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
PEPSICO INC | ||
Ticker: PEP Fiscal Year: 2019 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 28, 2019 10-K (Filed: Feb 13, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 28, 2019 | Dec 29, 2018 | |
| ASSETS | ||
| Cash and cash equivalents | $ 5,509 | 8,721 |
| Short-term Investments | 229 | 272 |
| Restricted Cash | 0 | 1,997 |
| Accounts and notes receivable, net | 7,822 | 7,142 |
| Inventories | 3,338 | 3,128 |
| Prepaid expenses and other current assets | 747 | 633 |
| Assets, Current | 17,645 | 21,893 |
| Property, Plant and Equipment, net | 19,305 | 17,589 |
| Amortizable Intangible Assets, net | 1,433 | 1,644 |
| Goodwill | 15,501 | 14,808 |
| Indefinite-lived Intangible Assets (Excluding Goodwill) | 14,610 | 14,181 |
| Indefinite-Lived Intangible Assets | 30,111 | 28,989 |
| Equity Method Investments | 2,683 | 2,409 |
| Deferred Income Tax Assets, Net | 4,359 | 4,364 |
| Other Assets | 3,011 | 760 |
| Total Assets | 78,547 | 77,648 |
| LIABILITIES AND EQUITY | ||
| Short-term debt obligations | 2,920 | 4,026 |
| Accounts payable and other current liabilities | 17,541 | 18,112 |
| Liabilities, Current | 20,461 | 22,138 |
| Long-Term Debt Obligations | 29,148 | 28,295 |
| Deferred Income Tax Liabilities, Net | 4,091 | 3,499 |
| Other Liabilities, Noncurrent | 9,979 | 9,114 |
| Liabilities | 63,679 | 63,046 |
| Commitments and contingencies | ||
| 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: 1,391 and 1,409 shares, respectively) | 23 | 23 |
| Additional Paid in Capital, Common Stock | 3,886 | 3,953 |
| Retained Earnings (Accumulated Deficit) | 61,946 | 59,947 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (14,300) | (15,119) |
| Treasury Stock, Value | (36,769) | |
| Stockholders' Equity Attributable to Parent | 14,786 | 14,518 |
| Stockholders' Equity Attributable to Noncontrolling Interest | 82 | 84 |
| Total Equity | 14,868 | 14,602 |
| Liabilities and Equity | 78,547 | 77,648 |
| Equity Components | ||
| Additional Paid-in Capital | ||
| Stockholders' Equity Attributable to Parent | 3,886 | 3,953 |
| Retained Earnings | ||
| Stockholders' Equity Attributable to Parent | 61,946 | 59,947 |
| AOCI Attributable to Parent | ||
| Stockholders' Equity Attributable to Parent | (14,300) | (15,119) |
| Treasury Stock | ||
| Stockholders' Equity Attributable to Parent | (36,769) | (34,286) |
| Common Stock | ||
| Stockholders' Equity Attributable to Parent | 23 | 23 |
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2019 | |
| 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 |