Operating Activities |
Net income |
4.96B |
Depreciation and amortization |
1.61B |
Stock-based compensation expense |
190M |
Cash payments for restructuring charges |
-90M |
Merger and integration costs |
Cash payments for merger and integration costs |
Gain on previously held equity interests in The Pepsi Bottling Group, Inc. (PBG) and PepsiAmericas, Inc. (PAS) |
Asset write-off |
Non-cash foreign exchange loss related to Venezuela devaluation |
Excess tax benefits from share-based payment arrangements |
-115M |
Pension and retiree medical plan contributions |
-182M |
Pension and retiree medical plan expenses |
191M |
Bottling equity income, net of dividends |
Deferred income taxes and other tax charges and credits |
285M |
Change in accounts and notes receivable |
-1.3B |
Change in inventories |
-381M |
Change in prepaid expenses and other current assets |
-141M |
Change in accounts payable and other current liabilities |
523M |
Change in income taxes payable |
813M |
Other, net |
Net Cash Provided by Operating Activities |
6.6B |
Investing Activities |
Capital spending |
-1.57B |
Sales of property, plant and equipment |
59M |
Acquisition of manufacturing and distribution rights from Dr Pepper Snapple Group, Inc. (DPSG) |
Investment in WBD |
Other acquisitions and investments in noncontrolled affiliates |
-16M |
Short-term investments, by original maturity |
More than three months - purchases |
More than three months - maturities |
Three months or less, net |
12M |
Other investing, net |
9M |
Net Cash Used For Investing Activities |
-3.03B |
Financing Activities |
Proceeds from issuances of long-term debt |
3.36B |
Payments of long-term debt |
-3.09B |
Short-term borrowings, by original maturity |
More than three months - proceeds |
57M |
More than three months - payments |
-12M |
Three months or less, net |
2.02B |
Cash dividends paid |
-3.14B |
Share repurchases - common |
-2.08B |
Share repurchases - preferred |
-3M |
Proceeds from exercises of stock options |
415M |
Excess tax benefits from share-based payment arrangements |
115M |
Acquisition of noncontrolling interests |
Other financing |
-29M |
Net Cash (Used for)/Provided by Financing Activities |
-2.39B |
Effect of exchange rate changes on cash and cash equivalents |
-18M |
Net (Decrease)/Increase in Cash and Cash Equivalents |
1.16B |
Cash and Cash Equivalents, Beginning of Year |
9.1B |
Cash and Cash Equivalents, End of Period |
10.26B |
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 |
PBG and PAS Acquisition [Member] |
Operating Activities |
Merger and integration costs |
Investing Activities |
Acquisitions, net of cash and cash equivalents acquired |
Wimm-Bill-Dann [Member] |
Investing Activities |
Acquisitions, net of cash and cash equivalents acquired |