What are the companies' percentage changes in total assets and long-term debt from 2016 to 2017? (Round answers to 2 decimal places, e.g. 52.75%. Enter negative amounts using either a negative sign preceding the number e.g.-1.45% or parentheses e.g. (1.45)%.) 2017 2016 Total assets The Coca-Cola Company % % PepsiCo, Inc. % % Long-term debt The Coca-Cola Company % % PepsiCo, Inc. % % e Textbook and Media Statements: PepsiCo, Inc. food and beverage company with a complementary portfolio of enjoyable brands, including Frito-Lay, Gatorade, Pepsi-Cola, Quaker, ufacturers, and other third parties, PepsiCo makes, markets, distributes, and sells a wide variety of convenient and enjoyable beverage countries and territories. Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 27, 2017, December 28, 2016 and December 29, 2015 (in millions except per share amounts) 2016 $ 2017 63,525 $ 28,785 34,740 24,231 62,799 $ 28,209 34,590 24,805 Net Revenue Cost of sales Gross profit Selling, general and administrative expenses Venezuela impairment charges Operating Profit Interest expense Interest income and other Income before income taxes Provision for income taxes (See Note 5) Net income Less: Net income attributable to noncontrolling interests Net Income Attributable to PepsiCo Net Income Attributable to PepsiCo per Common Share Basic 10,509 (1,151) 244 9,602 4,694 4,908 51 4,857 $ 9,785 (1,342) 110 8,553 2,174 6,379 50 6.329 $ I 2015 63,056 28,731 34,325 24,613 1,359 8,353 (970) 59 7,442 1,941 5,501 49 5,452 $ $ 3.40 $ 4.39 $ 3.71 Consolidated Statement of Comprehensive Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 30, 2017, December 31, 2016 and December 26, 2015 (in millions) 2016 2017 4,908 $ 2015 5,501 $ 6,379 $ Net income Other comprehensive income/(loss), net of taxes: Net currency translation adjustment Net change on cash flow hedges Net pension and retiree medical adjustments Net change on securities Other 1,109 (36) (159) (68) 16 (302) 46 (316) (24) (2,827) 3 171 1 862 Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive Income Attributable to PepsiCo See accompanying notes to the consolidated financial statements. 5,770 (51) 5,719 $ (596) 5,783 (54) 5,729 $ (2,652) 2,849 (47) 2,802 $ Consolidated Statement of Cash Flows PepsiCo, Inc. and Subsidiaries Fiscal years ended December 30, 2017 December 31, 2016 and December 26 2016 2017 2016 2015 $ 4,908 $ 2,369 292 5,501 2,416 295 6,379 $ 2,368 284 160 (125) 373 295 (113) 230 (208) 73 1,359 467 (205) 78 Operating Activities Net income Depreciation and amortization Share-based compensation expense Restructuring and impairment charges Cash payments for restructuring charges Charges related to the transaction with Tingyi Venezuela impairment charges Pension and retiree medical plan expenses Pension and retiree medical plan contributions Deferred income taxes and other tax charges and credits Provisional net tax expense related to the TCJ Act Change in assets and liabilities: Accounts and notes receivable Inventories Prepaid expenses and other current assets Accounts payable and other current liabilities Income taxes payable Other, net Net Cash Provided by Operating Activities Investing Activities Capital spending Sales of property, plant and equipment Acquisitions and investments in noncontrolled affiliates Reduction of cash due to Venezuela deconsolidation 221 (220) 619 2,451 501 (695) 452 (202) (168) 20 (349) (75) 10 201 (461) (244) (50) 1,692 55 (134) 10,864 997 329 64 10,673 (338) (341) 9,994 (2,969) 180 (61) (3,040) 99 (212) (2,758) 86 (86) (568) (18,385) 15,744 (12,504) 8,399 (4,428) 4,111 790 2 16 29 9 (7,148) 3 (5) (3,569) (4,403) 7,509 (4,406) 7,818 (3,105) (2,504) 8,702 (4,095) Short-term investments, by original maturity: More than three months - purchases More than three months - maturities More than three months - sales Three months or less, net Other investing, net Net Cash Used for Investing Activities Financing Activities Proceeds from issuances of long-term debt Payments of long-term debt Debt redemptions Short-term borrowings, by original maturity: More than three months - proceeds More than three months - payments Three months or less, net Cash dividends paid Share repurchases - common Share repurchases - preferred Proceeds from exercises of stock options Withholding tax payments on RSUS, PSUs and PEPunits converted Other financing Net Cash Used for Financing Activities Effect of exchange rate changes on cash and cash equivalents Net Increase in Cash and Cash Equivalents Cash and Cash Fauiyalont 91 (128) (1,016) (4,472) (2,000) (5) 462 (145) (76) (4,186) 47 1,452 59 (27) 1,505 (4,227) (3,000) (7) 465 (130) (58) (3,211) (252) 62 15 (43) 53 (4,040) (5,000) (5) 504 (151) (52) (4,112) (221) 2,962 1,546 ASSETS Current Assets Cash and cash equivalents Short-term investments Accounts and notes receivable, net Inventories Prepaid expenses and other current assets Total Current Assets Property, Plant and Equipment, net Amortizable Intangible Assets, net Goodwill Other nonamortizable intangible assets Nonamortizable Intangible Assets Investments in Noncontrolled Affiliates Other Assets Total Assets $ 10,610 $ 9,158 8,900 6,967 7,024 6,694 2,947 2,723 908 31,027 26,450 17,240 16,591 1,268 1,237 14,744 14,430 12,570 12.196 27,314 26,626 2,042 1,950 913 636 $ 79,804 $ 73,490 $ LIABILITIES AND EQUITY Current Liabilities Short-term debt obligations Accounts payable and other current liabilities Total Current Liabilities Long-Term Debt Obligations Other Liabilities Deferred Income Taxes Total Liabilities 5,485 $ 15,017 20,502 33,796 11,283 3,242 6.892 14,243 21.135 30.053 6,669 4,434 62,291 68,823 11,283 3,242 68,823 6,669 4,434 62,291 41 (197) 41 (192) Deferred Income Taxes Total Liabilities Commitments and contingencies Preferred Stock, no par value Repurchased Preferred Stock PepsiCo Common Shareholders' Equity Common stock, par value 1% per share (authorized 3,600 shares, issued, net of repurchased common stock at par value: 1,420 and 1,428 shares, respectively) Capital in excess of par value Retained earnings Accumulated other comprehensive loss Repurchased common stock, in excess of par value (446 and 438 shares, respectively) Total PepsiCo Common Shareholders' Equity Noncontrolling interests Total Equity Total Liabilities and Equity $ See accompanying notes to the consolidated financial statements. 24 3,996 52,839 (13,057) (32,757) 11,045 92 10,981 79,804 $ 24 4,091 52,518 (13,919) (31,468) 11,246 104 11,199 73,490 Consolidated Statement of Equity PepsiCo, Inc. and Subsidiaries Fiscal years ended December 30, 2017, December 31, 2016 and December 26, 2015 (in millions) 2017 2016 2015 United States since 1886, are now available in more than 200 countries. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME 2017 2016 $ Year Ended December 31. (In millions except per share data) NET OPERATING REVENUES Cost of goods sold GROSS PROFIT Selling, general and administrative expenses Other operating charges OPERATING INCOME Interest income Interest expense Equity income (loss) - net Other income (loss) -- net INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes from continuing operations NET INCOME FROM CONTINUING OPERATIONS Income from discontinued operations (net of income taxes of $47. $o and $o, respectively) CONSOLIDATED NET INCOME Less: Net income attributable to noncontrolling interests NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 35,410 13,256 22,154 12,496 2,157 7:501 677 841 1,071 (1,666) 6,742 5,560 1,182 101 1,283 35 1,248 $ 41,863 16,465 25.398 15.262 1.510 8.626 642 733 835 (1.234) 8.136 1.586 6.550 6,550 23 $6.527 $ $ $ 0.28 $ 1.51 $ 0.02 Basic net income per share from continuing operations Basic net income per share from discontinued operations BASIC NET INCOME PER SHARE Diluted net income per share from continuing operations! Diluted net income per share from discontinued operations DILUTED NET INCOME PER SHARE AVERAGE SHARES OUTSTANDING - BASIC $ 0.29 $ 1.51 $ $ 0.27 $ 1.49 $ $ 0.02 0.29 4,272 $ $ 1.49 4.317 education.wiley.com/player/index.html#/resurl=https:%2F%2Feducation wiley.com%2Fcontent%2FKieso Intermediate Accounting 17%2Febook%2Fepub%2F9781119503682%2FOPS%2F00 * 2017 20 $ 6,006 9,352 15.358 5,317 3,667 2,655 $ 8.55 9.59 18.15 4,05 3.850 2.675 2,481 2,797 2,000 December 31. (In millions except par value) ASSETS CURRENT ASSETS Cash and cash equivalents Short-term investments TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Marketable securities Trade accounts receivable, less allowances of $477 and $466, respectively Inventories Prepaid expenses and other assets Assets held for sale Assets held for sale - discontinued operations TOTAL CURRENT ASSETS EQUITY METHOD INVESTMENTS OTHER INVESTMENTS OTHER ASSETS PROPERTY, PLANT AND EQUIPMENT - net TRADEMARKS WITH INDEFINITE LIVES BOTTLERS' FRANCHISE RIGHTS WITH INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Liabilities held for sale Liabilities held for sale - discontinued operations HI 219 7.329 36,545 20,856 1,096 4,560 8,203 6,729 138 9,401 368 $ 87,896 34.010 16,260 989 4,248 10,635 6.097 3.676 10,629 726 $ 87,270 S $ 9.490 8,748 13,205 3,298 410 37 1,496 12.498 3.527 307 710 GTI API + ES 279781119503682%2FOPS%2Fal... 2016 2017 $ 6,006 $ 8,555 9,352 15,358 5,317 3,667 2,655 2,000 9,595 18,150 4,051 3,856 2,675 2,481 2,797 219 7,329 36,545 20,856 1,096 4,560 8,203 6,729 138 9,401 34,010 16,260 989 4,248 10,635 6,097 3,676 10,629 726 $ 87,270 368 $ 87,896 $ $ 8,748 13,205 3,298 410 37 1,496 9,490 12,498 3,527 307 710 CURRENT LIABILITIES Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Liabilities held for sale Liabilities held for sale - discontinued operations TOTAL CURRENT LIABILITIES LONG-TERM DEBT OTHER LIABILITIES DEFEREED INCOME TAXES THE COCA-COLA COMPANY SHAREOWNERS' EQUITY Common stock, $0.25 par value; Authorized - 11,200 shares; Issued 7,040 and 7,040 shares, respectively Capital surplus Reinvested earnings Accumulated other comprehensive income (loss) Treasury stock, at cost -- 2,781 and 2,752 shares, respectively EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS TOTAL EQUITY TOTAL LIABILITIES AND EQUITY $ 8,748 13,205 3,298 410 37 1,496 27,194 31,182 8,021 2,522 1,760 15,864 60,430 (10,305) (50,677) 17,072 1,905 18,977 $ 87,896 Refer to Notes to Consolidated Financial Statements. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS $ $ 9,490 12,498 3,527 307 710 8,748 13,205 3,298 410 37 1,496 27,194 31,182 8,021 2,522 26,532 29,684 4,081 3,753 1,760 15,864 60,430 (10,305) (50,677) 17,072 1,905 18,977 $ 87,896 1,760 14,993 65,502 (11,205) (47,988) 23,062 158 23,220 87,270