PepsiCo Inc. (PEP)

Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

PepsiCo Inc., Consolidated Statement of Cash Flows

USD $ in millions

	12 months ended	Dec 29, 2018		Dec 30, 2017		Dec 31, 2016		Dec 26, 2015		Dec 27, 2014
	Net income
	Depreciation and amortization
	Stock-based compensation expense
	Restructuring and impairment charges
	Cash payments for restructuring charges
	Charges related to the transaction with Tingyi
	Venezuela impairment charges
	Venezuela remeasurement charge
	Excess tax benefits from share-based payment arrangements
	Pension and retiree medical plan expenses
	Pension and retiree medical plan contributions
	Deferred income taxes and other tax charges and credits
	Other net tax benefits related to international reorganizations
	Net tax expense (benefit) related to the TCJ Act
	Accounts and notes receivable
	Inventories
	Prepaid expenses and other current assets
	Accounts payable and other current liabilities
	Income taxes payable
	Change in assets and liabilities
	Other, net
	Net cash provided by operating activities
	Capital spending
	Sales of property, plant and equipment
	Acquisition of SodaStream, net of cash and cash equivalents acquired
	Other acquisitions and investments in noncontrolled affiliates
	Reduction of cash due to Venezuela deconsolidation
	Divestitures
	Short-term investments, original maturity more than three months, purchases
	Short-term investments, original maturity more than three months, maturities
	Short-term investments, original maturity more than three months, sales
	Short-term investments, original maturity three months or less, net
	Other investing, net
	Net cash (used for) provided by investing activities
	Proceeds from issuances of long-term debt
	Payments of long-term debt
	Cash tender and exchange offers/debt redemptions
	Short-term borrowings, original maturity more than three months, proceeds
	Short-term borrowings, original maturity more than three months, payments
	Short-term borrowings, original maturity three months or less, net
	Cash dividends paid
	Share repurchases, common
	Share repurchases, preferred
	Proceeds from exercises of stock options
	Withholding tax payments on RSUs, PSUs and PEPunits converted
	Excess tax benefits from share-based payment arrangements
	Other financing
	Net cash used for financing activities
	Effect of exchange rate changes on cash and cash equivalents and restricted cash
	Net increase (decrease) in cash and cash equivalents and restricted cash
	Cash and cash equivalents and restricted cash, beginning of year
	Cash and cash equivalents and restricted cash, end of year

Based on: 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-12).

Item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	PepsiCo Inc.’s net cash provided by operating activities declined from 2016 to 2017 and from 2017 to 2018.
Net cash (used for) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	PepsiCo Inc.’s net cash (used for) provided by investing activities increased from 2016 to 2017 and from 2017 to 2018.
Net cash used for financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	PepsiCo Inc.’s net cash used for financing activities declined from 2016 to 2017 and from 2017 to 2018.

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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality