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 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 |
| 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 |