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what is the times interest earned ratio for 2017 Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 27, 2017, December 28,

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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) $ $ 2017 63,525 28,785 34,740 24,231 2016 62,799 $ 28,209 34,590 24,805 2015 63,056 28,731 34,325 24,613 1,359 8,353 (970) +5+) 10,509 (1,151) 244 9,602 4,694 59 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 Diluted Weighted average common shares outstanding Basic Diluted Cash dividends declared per common share 9,785 (1,342) 110 8,553 2,174 6,379 - 4,908 7,442 1,941 5,501 49 5,452 51 50 | $ 4,857 $ 6,329 $ | # 3.40 $ 3.38 $ 4.39 4.36 $ $ 3.71 3.67 # $ 1,425 1,438 3.1675 1,439 1,452 2.96 1,469 1,485 2.7625 $ $ $ Consolidated Statement of Comprehensive Income PepsiCo, Inc. and Subsidiaries Fiscal years ended December 30, 2017, December 31, 2016 and December 26, 2015 (in millions) 2015 2017 4,908 $ 2016 6,379 $ $ 5,501 (2,827) 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 (302) 46 (316) (24) 171 1,109 (36) (159) (68) 16 862 5,770 (51) 5,719 Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive Income Attributable to PepsiCo See accompanying notes to the consolidated financial statements. (596) 5,783 (54) 5,729 $ - (2,652) 2,849 (47) 2,802 $ $

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