PepsiCos balance sheet lists its deferred income taxes as $1,367 million in 2000 and $1,496 million in
Question:
PepsiCo’s balance sheet lists its deferred income taxes as $1,367 million in 2000 and
$1,496 million in 2001. Its net income statement further listed income tax payments of
$1,367 million in 2001. How much did PepsiCo actually pay in income taxes in 2001?
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