# PepsiCo, Inc. (PEP) FY2025 Q1 Statement of Cash Flows

- Company: PepsiCo, Inc. (PEP)
- Period: 2024-12-29 to 2025-03-22
- Filing: Q1 FY2025 10-Q, filed 2025-04-24, accession number 0000077476-25-000019
- Page: https://plicit.ai/financials/pep/fy2025-q1-cash-flow
- Chart image: https://plicit.ai/charts/pep-fy2025-q1-cash-flow-sankey.png

## Chart details

Cash flows for Dec 29, 2024 through Mar 22, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 28, 2024. Ending cash: Mar 22, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 28, 2024**: 8,553,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 973,000,000 US dollars. Net cash used.
- **Net income**: 1,843,000,000 US dollars
- **Depreciation and amortization**: 684,000,000 US dollars
- **Operating lease right-of-use asset amortization**: 145,000,000 US dollars
- **Share-based compensation expense**: 77,000,000 US dollars
- **Restructuring and impairment charges**: 213,000,000 US dollars
- **Cash payments for restructuring charges**: negative 232,000,000 US dollars
- **Pension and retiree medical plan expense**: 48,000,000 US dollars
- **Pension and retiree medical plan contributions**: negative 317,000,000 US dollars
- **Deferred income taxes and other tax charges and credits**: 111,000,000 US dollars
- **Accounts and notes receivable**: negative 318,000,000 US dollars
- **Inventories**: negative 238,000,000 US dollars
- **Prepaid expenses and other current assets**: negative 307,000,000 US dollars
- **Accounts payable and other current liabilities**: negative 2,671,000,000 US dollars
- **Income taxes payable**: 223,000,000 US dollars
- **Other, net**: negative 232,000,000 US dollars
- **Payments for product recall-related impact**: negative 2,000,000 US dollars
- **Product recall-related impact**: 0 US dollars
- **Investing activities**: negative 1,232,000,000 US dollars. Net cash used.
- **Capital spending**: negative 603,000,000 US dollars
- **Sales of property, plant and equipment**: 132,000,000 US dollars
- **Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets**: negative 1,200,000,000 US dollars
- **Divestitures, sales of investments in noncontrolled affiliates and other assets**: 2,000,000 US dollars
- **More than three months - maturities**: 425,000,000 US dollars
- **Three months or less, net**: 16,000,000 US dollars
- **Other investing, net**: negative 4,000,000 US dollars
- **Financing activities**: 1,768,000,000 US dollars. Net cash provided.
- **Proceeds from issuances of long-term debt**: 3,505,000,000 US dollars
- **Payments of long-term debt**: negative 1,541,000,000 US dollars
- **More than three months - proceeds**: 3,656,000,000 US dollars
- **More than three months - payments**: negative 2,119,000,000 US dollars
- **Three months or less, net**: 373,000,000 US dollars
- **Cash dividends paid**: negative 1,882,000,000 US dollars
- **Share repurchases**: negative 183,000,000 US dollars
- **Proceeds from exercises of stock options**: 50,000,000 US dollars
- **Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted**: negative 89,000,000 US dollars
- **Other financing**: negative 2,000,000 US dollars
- **Operating adjustment reconciliation**: 4,317,000,000 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**: 7,584,000,000 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**: 1,807,000,000 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**: 203,000,000 US dollars
- **Ending cash on Mar 22, 2025**: 8,319,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 10,524,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 234,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: −0.53×. 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**: negative 973,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 603,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 1,576,000,000 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 or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
- 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: negative 973,000,000 US dollars minus 603,000,000 US dollars equals negative 1,576,000,000 US dollars.