Pepsico, inc. (PEP)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Aug'17Jun'17Mar'17Dec'16Aug'16May'16Mar'16Dec'15Aug'15May'15Mar'15Dec'14Aug'14May'14Mar'14Dec'13Aug'13May'13Mar'13Dec'12Aug'12Jun'12Mar'12Dec'11Aug'11Jun'11Mar'11Dec'10Aug'10May'10Mar'10Dec'09Aug'09Jun'09Mar'09
Operating Activities
Net income

7,282

7,353

12,442

12,841

12,628

12,559

4,997

4,644

4,932

4,908

7,020

6,868

6,763

6,379

6,695

5,234

5,215

5,501

5,094

6,569

6,562

6,558

6,986

6,891

6,929

6,787

6,700

6,690

6,166

6,214

5,949

6,047

6,451

6,462

6,421

6,340

6,048

6,338

6,414

6,217

6,272

5,979

0

0

0

Depreciation and amortization

2,467

2,432

2,397

2,385

2,401

2,399

2,401

2,408

2,388

2,369

2,361

2,355

2,364

2,368

2,383

2,385

2,401

2,416

2,475

2,538

2,589

2,625

2,642

2,640

2,644

2,663

2,667

2,673

2,685

2,689

2,697

2,751

2,769

2,737

2,624

2,545

2,474

2,327

2,132

1,919

1,697

1,635

0

0

0

Share-based compensation expense

241

237

222

228

233

256

289

295

300

292

300

304

287

284

277

274

288

295

298

301

301

297

291

294

298

303

304

302

299

278

297

305

310

326

330

326

324

299

259

238

220

227

0

0

0

Merger and integration charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

162

221

276

329

437

445

542

808

0

0

0

-

-

-

-

Cash payments for merger and integration charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

47

53

74

83

141

217

280

377

406

383

417

385

0

0

0

-

-

-

-

Restructuring and impairment charges

382

370

511

448

322

308

305

278

280

295

123

142

157

160

223

248

224

230

273

289

356

418

384

323

250

163

123

199

257

279

0

0

0

-

-

-

-

-

-

-

-

36

0

0

0

Cash payments for restructuring charges

358

350

324

282

268

255

209

214

145

113

118

83

102

125

149

168

191

208

246

261

288

266

202

171

128

133

200

277

329

343

273

170

74

31

3

4

6

31

42

64

98

196

0

0

0

Charge related to the transaction with Tingyi

-

-

-

-

-

-

-

-

-

-

-

-

-

373

373

446

446

73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payments for restructuring and other charges related to the transaction with Tingyi

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on previously held equity interests in PBG and PAS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

958

0

0

0

-

-

-

-

Asset write-off

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145

0

0

0

-

-

-

-

Venezuela remeasurement charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

0

0

111

-

-

-

0

-

-

-

-

120

0

0

0

-

-

-

-

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

128

105

114

109

98

128

117

129

154

125

124

103

71

81

70

90

112

102

107

99

81

64

42

0

0

0

Pension and retiree medical plan expenses

512

519

239

226

222

221

227

222

223

221

451

469

485

501

332

376

423

467

625

639

652

667

569

600

633

663

844

831

816

796

596

588

581

571

532

459

459

453

443

479

440

423

0

0

0

Pension and retiree medical plan contributions

690

716

435

452

447

1,708

1,715

1,662

1,662

220

682

671

681

695

222

243

215

205

624

617

654

655

250

237

259

262

820

876

852

1,865

1,417

1,402

1,390

349

569

1,156

1,153

1,734

1,519

905

897

1,299

0

0

0

Bottling equity income, net of dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

-24

92

183

235

0

0

0

Deferred income taxes and other tax charges and credits

262

453

273

-143

-364

-531

-274

322

539

619

451

463

562

452

177

155

116

78

175

-12

-100

-19

-1,000

-834

-973

-1,058

-28

47

178

321

646

726

713

495

341

168

529

500

516

466

159

284

0

0

0

Net tax (benefit)/expense related to the TCJ Act

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax Cuts and Jobs Act, Income Tax Expense (Benefit)

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in assets and liabilities [Abstract]
Accounts and notes receivable

1,028

650

670

606

497

253

502

488

236

202

47

33

128

349

209

201

375

461

314

98

420

343

408

554

271

88

212

254

354

250

323

259

466

666

624

765

384

268

640

317

-147

-188

0

0

0

Inventories

67

190

385

409

226

174

106

-21

38

168

118

146

58

75

51

137

360

244

204

151

119

111

140

159

51

-4

-41

-128

-59

-144

99

232

520

331

414

506

110

-276

-369

-441

-465

-17

0

0

0

Prepaid expenses and other current assets

-32

87

97

103

26

-9

19

-46

28

-20

-32

38

34

-10

34

-12

43

50

59

32

-52

-80

-87

-38

84

51

-16

-44

-85

-89

56

79

87

27

-104

-139

-105

-144

158

142

22

127

0

0

0

Accounts payable and other current liabilities

523

735

846

921

725

882

813

479

537

201

-38

216

256

981

1,201

1,422

1,720

1,692

1,639

1,239

1,286

1,162

810

727

772

1,007

1,001

1,141

930

548

659

392

588

520

-132

478

76

488

870

317

-336

-133

0

0

0

Income taxes payable

-203

-287

121

240

390

448

-297

-238

-332

-338

149

-65

183

329

-134

111

79

55

258

383

490

371

390

179

17

86

-22

14

57

-97

-540

-757

-612

-340

272

635

299

123

192

-13

282

319

0

0

0

Other, net

294

263

331

74

-194

-256

-499

-438

-296

-305

42

26

111

70

-34

-141

-226

-134

-226

-169

-112

-269

-328

-288

-452

-349

-320

-304

-119

-200

-467

-573

-720

-688

-334

-576

-337

-132

-797

-270

-228

-281

0

0

0

Net Cash Provided by (Used in) Operating Activities

9,245

9,649

9,746

9,716

10,379

9,415

8,675

8,866

8,914

10,030

9,926

9,807

10,165

10,663

10,913

11,210

10,899

10,864

10,588

10,595

10,595

10,506

9,719

9,345

9,167

9,688

10,023

10,247

9,871

8,479

8,228

7,838

7,874

8,944

8,494

8,359

8,587

8,448

8,181

7,746

7,303

6,796

0

0

0

Investing Activities
Capital spending

4,274

4,232

3,663

3,504

3,372

3,282

3,073

3,036

3,004

2,969

2,948

2,999

2,968

3,040

2,861

2,845

2,877

2,758

2,782

2,770

2,774

2,859

2,838

2,805

2,847

2,795

2,802

2,724

2,701

2,714

2,786

3,009

3,222

3,339

3,545

3,516

3,412

3,253

2,660

2,361

2,104

2,128

0

0

0

Sales of property, plant and equipment

173

170

78

133

127

134

217

193

177

180

122

82

86

99

82

107

100

86

118

99

119

115

118

121

108

109

88

83

86

95

96

92

89

84

72

78

77

81

80

69

66

58

0

0

0

Acquisition of SodaStream, net of cash and cash equivalents acquired

141

1,939

3,102

3,077

3,004

1,197

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of manufacturing and distribution rights from DPSG

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

0

0

0

-

-

-

-

Investment in WBD

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164

0

0

0

-

-

-

-

-

-

-

-

Acquisitions and investments in noncontrolled affiliates

1,167

778

769

655

319

299

269

209

61

61

241

248

248

212

78

74

77

86

31

73

73

88

108

81

103

109

127

131

119

121

517

589

605

601

207

110

96

83

236

414

488

500

0

0

0

More than three months - maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

22

24

27

29

37

52

61

71

0

0

0

Divestitures

-

-

-

-

-

505

418

404

268

267

152

153

71

85

77

77

63

76

92

154

186

203

142

79

215

130

135

128

-41

-32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments, by original maturity:
More than three months - purchases

-

-

-

-

-

5,637

12,280

17,144

18,365

18,385

17,162

14,685

13,384

12,504

9,121

7,357

6,337

4,428

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

8

12

10

29

0

0

0

More than three months - maturities

-

-

-

-

-

12,824

17,218

18,451

16,487

15,744

13,320

11,322

10,819

8,399

6,585

5,628

4,393

4,111

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

More than three months - sales

-

-

-

-

-

1,498

1,217

1,308

1,185

790

345

242

138

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments, by original maturity - three months or less, net

-17

-19

-22

-19

-18

-16

-5

-7

-9

-2

-8

-6

-9

-16

-15

-14

-7

-3

1

3

-60

-116

-186

-183

-80

-61

-74

-16

-49

-61

-72

-96

-40

-45

0

0

0

-

0

0

0

-

0

0

0

Other investing, net

1

8

36

4

4

-2

-20

-21

-28

-29

-7

-14

-8

-7

0

0

-8

-

-

-

-

10

5

3

16

21

12

14

1

-12

2

1

2

16

8

9

15

17

0

0

0

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-5,062

-6,437

-5,319

-2,534

868

4,564

3,473

-5

-3,276

-4,403

-6,397

-6,113

-5,469

-7,150

-5,294

-5,019

-5,301

-3,569

435

-933

-4,394

-4,937

-7,925

-6,001

-2,563

-2,625

-2,655

-2,653

-3,033

-3,005

-2,651

-2,904

-2,896

-5,618

-6,919

-6,775

-6,636

-7,668

-6,600

-6,350

-6,102

-2,401

0

0

0

Financing Activities
Proceeds from Issuance of Long-term Debt

9,928

4,621

3,098

1,122

1,122

0

0

0

0

-

-

-

-

7,818

6,338

8,747

11,234

8,702

6,210

2,978

1,865

3,855

3,374

5,068

3,694

4,195

4,977

5,757

5,757

5,999

5,207

3,979

5,724

3,000

5,236

3,989

2,244

6,451

4,215

4,220

4,229

1,057

0

0

0

Payments of long-term debt

2,120

3,970

4,455

4,458

5,858

4,007

3,656

5,905

3,654

4,406

3,276

1,025

2,606

3,105

3,114

5,124

3,294

4,095

4,069

2,588

2,589

2,189

3,126

3,604

4,356

3,894

4,046

3,360

3,630

2,449

1,357

2,345

1,595

1,596

1,582

318

62

59

111

101

194

226

0

0

0

Short-term borrowings, by original maturity
More than three months - proceeds

168

6

7

9

5

3

16

40

63

91

79

75

87

59

59

38

5

15

31

61

60

50

53

18

18

23

498

502

541

549

352

396

515

523

396

376

227

227

49

24

35

26

0

0

0

More than three months - payments

4

2

0

0

16

17

54

88

129

128

106

73

18

27

24

49

50

43

31

6

12

10

26

20

28

492

511

540

605

248

498

596

602

559

343

229

157

96

44

36

39

81

0

0

0

Three months or less, net

2,676

-3

126

-4,791

-5,528

-1,352

-3,926

3,247

879

-1,016

1,007

-1,462

3,421

1,505

646

608

-3,196

53

-2,723

-1,353

-433

-2,037

3,089

1,962

3,453

1,634

934

-996

240

-1,762

-1,801

1,091

-2,517

339

-894

-1,268

2,501

2,351

3,353

2,562

-315

-963

0

0

0

Cash dividends paid

5,321

5,304

5,280

5,260

5,102

4,930

4,769

4,602

4,534

4,472

4,407

4,342

4,287

4,227

4,176

4,127

4,100

4,040

3,993

3,951

3,820

3,730

3,621

3,509

3,491

3,434

3,393

3,356

3,320

3,305

3,278

3,253

3,204

3,157

3,109

3,057

3,035

2,978

2,918

2,852

2,775

2,732

0

0

0

Share repurchases - common

2,633

3,000

2,826

2,742

2,447

2,000

1,978

2,042

2,049

2,000

2,385

2,613

2,825

3,000

3,880

4,199

4,495

5,000

5,004

4,943

4,887

5,012

4,167

4,172

3,624

3,001

2,932

3,041

3,703

3,219

2,888

2,949

2,270

2,489

2,489

2,416

4,604

4,978

0

0

0

-

-

-

-

Share repurchases - preferred

-

-

-

-

-

2

3

5

6

5

8

7

6

7

5

5

6

5

6

9

9

10

9

6

7

7

7

8

8

7

7

6

6

7

7

7

6

5

6

6

7

7

0

0

0

Proceeds from exercises of stock options

304

329

348

346

259

281

281

291

342

462

446

488

545

465

592

547

498

504

521

624

755

755

693

681

845

1,123

1,186

1,449

1,297

1,122

1,148

789

1,001

945

1,062

1,226

989

1,038

926

760

589

413

0

0

0

Withholding tax payments on RSUs and PSUs converted

97

114

110

121

120

103

107

105

105

145

147

150

147

130

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

128

105

114

109

98

128

117

129

154

125

124

103

71

81

70

90

112

102

107

99

81

64

42

0

0

0

Acquisition of noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

159

0

0

0

-

-

-

-

Other financing

-45

-45

-46

-66

-53

-53

-70

-77

-77

-76

-58

-55

-57

-58

-55

-54

-53

-52

-44

-49

-51

-50

-50

-33

-32

-33

-39

-26

-42

-42

0

0

-23

-

-

-

-

-13

0

0

0

-

-

-

-

Net Cash Provided by/(Used for) Financing Activities

1,849

-8,489

-10,727

-17,550

-19,327

-13,769

-10,282

-5,262

-1,761

-4,186

-3,371

-2,857

-3,111

-3,211

-3,969

-3,949

-3,745

-4,112

-8,995

-9,108

-9,016

-8,264

-3,681

-3,517

-3,420

-3,789

-3,277

-3,541

-3,416

-3,306

-3,156

-3,728

-5,078

-5,135

-4,247

-3,429

-2,309

1,386

980

1,153

662

-2,497

0

0

0

Effect of exchange rate changes on cash and cash equivalents and restricted cash

-45

78

-36

-55

-90

-98

-102

-8

53

47

-158

-203

-187

-252

-92

-158

-139

-221

-612

-599

-614

-546

-35

-13

-60

-196

-196

-123

-192

62

-195

-256

-77

-67

178

229

71

-166

-238

-234

-102

-19

0

0

0

Cash and Cash Equivalents and Restricted Cash, Period Increase (Decrease)

5,987

-5,199

-6,336

-10,423

-8,170

112

1,764

3,591

3,930

1,488

0

634

1,398

50

1,558

2,084

1,714

2,962

1,416

-45

-3,429

-3,241

-1,922

-186

3,124

3,078

3,895

3,930

3,230

2,230

2,226

950

-177

-1,876

-2,494

-1,616

-287

2,000

2,323

2,315

1,761

1,879

0

0

0

Right-of-Use Asset Obtained in Exchange for Operating Lease Liability

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-