PepsiCo’s financial statements are presented in Appendix A. Financial statements of The PEPSICO Coca-Cola Company are presented in Appendix B.

Instructions

(a) Based on the information contained in these financial statements, determine the following for each company.

(1) Net cash used for investing (investment) activities for the current year (from the statement of cash flows).

(2) Cash used for capital expenditures during the current year.

(b) Each of PepsiCo’s financial statements is labeled “consolidated.” What has been consolidated?
That is, from the contents of PepsiCo’s annual report, identify by name the six divisions that have been consolidated. (Hint: PepsiCo uses abbreviations to describe each division. You will need to look up the meaning of each of these abbreviations.)
Real-World Focus