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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
shares in Millions, $ in Millions
Mar. 25, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 4,770 $ 4,954
Short-term investments 434 394
Accounts and notes receivable, less allowance ($184 and $150, respectively) 10,469 10,163
Inventories:    
Raw materials and packaging 2,435 2,366
Work-in-process 115 114
Finished goods 3,147 2,742
Inventory, Net, Total 5,697 5,222
Prepaid expenses and other current assets 1,057 806
Total Current Assets 22,427 21,539
Property, plant and equipment 50,022 49,784
Accumulated depreciation (25,794) (25,493)
Property, Plant and Equipment, net 24,228 24,291
Amortizable Intangible Assets, net 1,250 1,277
Goodwill 18,089 18,202
Other Indefinite-Lived Intangible Assets 14,273 14,309
Investments in Noncontrolled Affiliates 3,123 3,073
Deferred Income Taxes 4,211 4,204
Other Assets 5,441 5,292
Total Assets 93,042 92,187
Current Liabilities    
Short-term debt obligations 4,281 3,414
Accounts payable and other current liabilities 21,556 23,371
Total Current Liabilities 25,837 26,785
Long-Term Debt Obligations 37,486 35,657
Deferred Income Taxes 4,039 4,133
Other Liabilities 8,505 8,339
Total Liabilities 75,867 74,914
PepsiCo Common Shareholders’ Equity    
Common stock, par value 12/3¢ per share (authorized 3,600 shares; issued, net of repurchased common stock at par value: 1,378 and 1,377 shares, respectively) 23 23
Capital in excess of par value 3,996 4,134
Retained earnings 68,142 67,800
Accumulated other comprehensive loss (15,601) (15,302)
Repurchased common stock, in excess of par value (489 and 490 shares, respectively) (39,518) (39,506)
Total PepsiCo Common Shareholders’ Equity 17,042 17,149
Noncontrolling interests 133 124
Total Equity 17,175 17,273
Total Liabilities and Equity $ 93,042 $ 92,187
Treasury Stock, Common, Shares 489 490