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: 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 |
| 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 |