Suppose the following is 2017 information for PepsiCo, Inc. and The Coca-Cola Company. LO11

($ in millions) PepsiCo Coca-Cola Net cash provided by operating activities $ 6,796 $ 8,186 Average current liabilities 8,772 13,355 Net income 5,979 6,906 Sales revenue 43,232 30,990 Capital expenditures 2,128 1,993 Dividends paid 2,732 3,800 Instructions Compute free cash flow for both companies and compare.