Stock Analysis on Net

PepsiCo Inc. (NASDAQ:PEP)

$24.99

Analysis of Debt

Microsoft Excel

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Total Debt (Carrying Amount)

PepsiCo Inc., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Short-term debt obligations
Long-term debt obligations, excluding current maturities
Total debt obligations (carrying amount)

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).


Short-term debt obligations
The short-term debt obligations exhibited notable volatility over the observed period. Starting at $3,780 million in 2020, the amount increased to $4,308 million in 2021, followed by a decrease to $3,414 million in 2022. In the subsequent years, there was a sharp upward trend, with values rising to $6,510 million in 2023 and reaching $7,082 million by the end of 2024. This pattern indicates increasing reliance on short-term financing in the most recent years.
Long-term debt obligations, excluding current maturities
Long-term debt obligations showed a generally declining trend from 2020 to 2022, decreasing from $40,370 million to $35,657 million. However, this downward trajectory reversed slightly in 2023 when the amount increased to $37,595 million, then experienced a minor decrease to $37,224 million in 2024. Overall, long-term debt has remained relatively stable in the last two years, following the initial decrease.
Total debt obligations (carrying amount)
Total debt obligations followed a somewhat fluctuating pattern. Starting at $44,150 million in 2020, total debt decreased steadily to $39,071 million by 2022. In 2023, there was a resurgence in total debt, increasing to $44,105 million, and it slightly rose further to $44,306 million in 2024. The total debt figures suggest a consolidation of debt levels after the dip in earlier years, driven primarily by increases in short-term obligations.

Total Debt (Fair Value)

Microsoft Excel
Dec 28, 2024
Selected Financial Data (US$ in millions)
Total debt obligations (fair value)
Financial Ratio
Debt, fair value to carrying amount ratio

Based on: 10-K (reporting date: 2024-12-28).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt obligations:

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
Total

Based on: 10-K (reporting date: 2024-12-28).

1 US$ in millions

2 Weighted-average interest rate = 100 × ÷ =