# PepsiCo, Inc. (PEP) FY2024 Q3 Statement of Cash Flows

- Company: PepsiCo, Inc. (PEP)
- Period: 2024-06-16 to 2024-09-07
- Filing: Q3 FY2024 10-Q, filed 2024-10-08, accession number 0000077476-24-000052
- Page: https://plicit.ai/financials/pep/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/pep-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jun 16, 2024 through Sep 7, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 15, 2024. Ending cash: Sep 7, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 15, 2024**: 6,418,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 4,905,000,000 US dollars. Net cash provided.
- **Net income**: 2,945,000,000 US dollars
- **Depreciation and amortization**: 739,000,000 US dollars
- **Operating lease right-of-use asset amortization**: 160,000,000 US dollars
- **Share-based compensation expense**: 77,000,000 US dollars
- **Restructuring and impairment charges**: 245,000,000 US dollars
- **Cash payments for restructuring charges**: negative 111,000,000 US dollars
- **Pension and retiree medical plan expenses**: 47,000,000 US dollars
- **Pension and retiree medical plan contributions**: negative 37,000,000 US dollars
- **Deferred income taxes and other tax charges and credits**: negative 18,000,000 US dollars
- **Tax payments related to the Tax Cuts and Jobs Act (TCJ Act)**: 0 US dollars
- **Accounts and notes receivable**: negative 383,000,000 US dollars
- **Inventories**: 204,000,000 US dollars
- **Prepaid expenses and other current assets**: 165,000,000 US dollars
- **Accounts payable and other current liabilities**: 656,000,000 US dollars
- **Income taxes payable**: 139,000,000 US dollars
- **Other, net**: 68,000,000 US dollars
- **Impairment and other (credits)/charges**: 10,000,000 US dollars
- **Payments for product recall-related impact**: negative 3,000,000 US dollars
- **Product recall-related impact**: 2,000,000 US dollars
- **Investing activities**: negative 1,511,000,000 US dollars. Net cash used.
- **Capital spending**: negative 1,149,000,000 US dollars
- **Sales of property, plant and equipment**: 50,000,000 US dollars
- **Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets**: negative 1,000,000 US dollars
- **Other divestitures, sales of investments in noncontrolled affiliates and other assets**: 10,000,000 US dollars
- **More than three months - purchases**: negative 425,000,000 US dollars
- **More than three months - maturities**: 0 US dollars
- **Proceeds from Sale of Debt Securities, Available-for-Sale**: 0 US dollars
- **Three months or less, net**: 3,000,000 US dollars
- **Other investing, net**: 1,000,000 US dollars
- **Financing activities**: negative 2,382,000,000 US dollars. Net cash used.
- **Proceeds from issuances of long-term debt**: 2,249,000,000 US dollars
- **Payments of long-term debt**: negative 1,000,000 US dollars
- **More than three months - proceeds**: 728,000,000 US dollars
- **More than three months - payments**: negative 2,039,000,000 US dollars
- **Three months or less, net**: negative 1,185,000,000 US dollars
- **Cash dividends paid**: negative 1,863,000,000 US dollars
- **Share repurchases**: negative 299,000,000 US dollars
- **Proceeds from exercises of stock options**: 31,000,000 US dollars
- **Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted**: negative 1,000,000 US dollars
- **Other financing**: negative 2,000,000 US dollars
- **Operating adjustment reconciliation**: 2,512,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 5,390,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 1,575,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 87,000,000 US dollars
- **Ending cash on Sep 7, 2024**: 7,343,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 11,323,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 925,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.67×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 4,905,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 1,149,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 3,756,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.96B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash spent on productive assets equals free cash flow: 4,905,000,000 US dollars minus 1,149,000,000 US dollars equals 3,756,000,000 US dollars.