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: 2011 | |||
Consolidated Statement Of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 25, 2010 | Dec 26, 2009 | |
| Operating Activities | |||
| Net income | $ 6,462 | 6,338 | 5,979 |
| Depreciation and amortization | 2,737 | 2,327 | 1,635 |
| Stock-based compensation expense | 326 | 299 | 227 |
| Restructuring and impairment charges | 383 | 36 | |
| Cash payments for restructuring charges | (31) | (31) | (196) |
| Merger and integration costs | 329 | 808 | 50 |
| Cash payments for merger and integration costs | (377) | (385) | (49) |
| 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 | (70) | (107) | (42) |
| Pension and retiree medical plan contributions | (349) | (1,734) | (1,299) |
| Pension and retiree medical plan expenses | 571 | 453 | 423 |
| Bottling equity income, net of dividends | 42 | (235) | |
| Deferred income taxes and other tax charges and credits | 495 | 500 | 284 |
| Change in accounts and notes receivable | (666) | (268) | 188 |
| Change in inventories | (331) | 276 | 17 |
| Change in prepaid expenses and other current assets | (27) | 144 | (127) |
| Change in accounts payable and other current liabilities | 520 | 488 | (133) |
| Change in income taxes payable | (340) | 123 | 319 |
| Other, net | (688) | (132) | (281) |
| Net Cash Provided by Operating Activities | 8,944 | 8,448 | 6,796 |
| Investing Activities | |||
| Capital spending | (3,339) | (3,253) | (2,128) |
| Sales of property, plant and equipment | 84 | 81 | 58 |
| Acquisitions of PBG and PAS, net of cash and cash equivalents acquired | (2,833) | ||
| Acquisition of manufacturing and distribution rights from DPSG | (900) | ||
| Investment in WBD | (164) | (463) | |
| Other acquisitions and investments in noncontrolled affiliates | (601) | (83) | (500) |
| Divestitures | 780 | 12 | 99 |
| Cash restricted for pending acquisitions | 15 | ||
| Short-term investments, by original maturity | |||
| More than three months - purchases | (12) | (29) | |
| More than three months - maturities | 21 | 29 | 71 |
| Other investing, net | (16) | (17) | |
| Net Cash Used for Investing Activities | (5,618) | (7,668) | (2,401) |
| Financing Activities | |||
| Proceeds from issuances of long-term debt | 3,000 | 6,451 | 1,057 |
| Payments of long-term debt | (1,596) | (59) | (226) |
| Debt repurchase | (771) | (500) | |
| Short-term borrowings, by original maturity | |||
| More than three months - proceeds | 523 | 227 | 26 |
| More than three months - payments | (559) | (96) | (81) |
| Three months or less, net | 339 | 2,351 | (963) |
| Cash dividends paid | (3,157) | (2,978) | (2,732) |
| Share repurchases - common | (2,489) | (4,978) | |
| Share repurchases - preferred | (7) | (5) | (7) |
| Proceeds from exercises of stock options | 945 | 1,038 | 413 |
| Excess tax benefits from share-based payment arrangements | 70 | 107 | 42 |
| Acquisition of noncontrolling interests | (1,406) | (159) | |
| Other financing | (27) | (13) | (26) |
| Net Cash (Used for)/Provided by Financing Activities | (5,135) | 1,386 | (2,497) |
| Effect of exchange rate changes on cash and cash equivalents | (67) | (166) | (19) |
| Net (Decrease)/Increase in Cash and Cash Equivalents | (1,876) | 2,000 | 1,879 |
| Cash and Cash Equivalents, Beginning of Year | 5,943 | 3,943 | |
| Cash and Cash Equivalents, End of Year | 4,067 | 5,943 | 3,943 |
| 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 | 45 | (229) | 13 |
| Legal Entity | |||
| WBD | |||
| Acquisition of WBD, net of cash and cash equivalents acquired | (2,428) | ||
| External Links | |
| PEPSICO INC (PEP) Fiscal Year 2011 | |
| 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 |