Current Portion of Long-Term Debt

PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions):

Long-term debt is composed of the following:

	December 31
	Current Year		Preceding Year
Total long term-debt	$27,917		$26,557
Current portion	(4,096)		(2,224)
Long-term debt	$23,821		$24,333

a. How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? $

b. How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? $

Increase

Decline

c. If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year? $