The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies complete annual reports, including the notes to the financial statements, are available online. Instructions Use the companies financial information to answer the following questions. a. What kind of pension plans do Coca-Cola and PepsiCo provide their employees? b. What net periodic pension expense (cost) did Coca-Cola and PepsiCo report in 2020?

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c. What is the year-end 2020 funded status of Coca-Colas and PepsiCos plans (include international)? d. What relevant rates were used by Coca-Cola and PepsiCo in computing their pension amounts? e. Compare the expected benefit payments and contributions for Coca-Cola and PepsiCo.