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:

https://www.coca-colacompany.com/content/dam/journey/us/en/private/fileassets/pdf/2015/02/2014-annual-report-on-form-10-k.pdf

http://www.pepsico.com/annual-reports/annualreport14/downloads/PepsiCo_2014_10K.pdf

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 2014?

(c) What is the year-end 2014 funded status of Coca-Cola's and PepsiCo's 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.