PepsiCo, Inc. (PEP)

PepsiCo Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 21, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Net Income	8,790	8,295	9,626	9,155	8,978	7,679
Depreciation & Amortization	4,253	4,178	3,815	3,518	3,280	3,215
Stock-Based Compensation	304	288	362	380	343	301
Other Adjustments	341.5	971	182	726	-902	-297
Change in Receivables	-792	-580	-138	-793	-1,763	-651
Changes in Inventories	-227	-150	-314	-261	-1,142	-582
Changes in Accounts Payable	147	-677	-943	420	1,842	1,762
Changes in Income Taxes Payable	-525	-433	-123	310	57	30
Changes in Other Operating Activities	-61	195	40	-13	118	159
Operating Cash Flow	13,101	12,087	12,507	13,442	10,811	11,616
Operating Cash Flow Growth	4.18%	-3.36%	-6.96%	24.34%	-6.93%	9.45%
Capital Expenditures	-4,259	-4,415	-5,318	-5,518	-5,207	-4,625
Sale of Property, Plant & Equipment	409	528	342	198	251	166
Purchases of Investments	-	-190	-425	-555	-291	-
Proceeds from Sale of Investments	194	605	-	568	150	1,135
Payments for Business Acquisitions	-2,258	-3,391	-256	-314	-873	-61
Proceeds from Business Divestments	36.5	39	166	75	3,505	169
Other Investing Activities	-57	-55	19	51	35	-53
Investing Cash Flow	-6,124	-6,879	-5,472	-5,495	-2,430	-3,269
Short-Term Debt Issued	4,672	6,391	5,786	5,428	1,969	8
Short-Term Debt Repaid	-6,477	-7,920	-5,639	-3,106	-1,951	-397
Net Short-Term Debt Issued (Repaid)	-1,805	-1,529	147	2,322	18	-389
Long-Term Debt Issued	7,648	8,189	4,042	5,482	3,377	4,122
Long-Term Debt Repaid	-4,170	-4,082	-3,886	-3,005	-4,174	-8,299
Net Long-Term Debt Issued (Repaid)	3,478	4,107	156	2,477	-797	-4,177
Issuance of Common Stock	140	97	166	116	138	185
Repurchase of Common Stock	-999	-1,000	-1,000	-1,000	-1,500	-106
Net Common Stock Issued (Repurchased)	-859	-903	-834	-884	-1,362	79
Common Dividends Paid	-7,722	-7,638	-7,229	-6,682	-6,172	-5,815
Other Financing Activities	1,823	984	204	-242	-210	-478
Financing Cash Flow	-5,085	-4,979	-7,556	-3,009	-8,523	-10,780
Effect of Exchange Rate Changes on Cash and Cash Equivalents	340	422	-687	-277	-465	-114
Net Cash Flow	2,232	651	-1,208	4,661	-607	-2,547
Free Cash Flow	8,842	7,672	7,189	7,924	5,604	6,991
Free Cash Flow Growth	15.25%	6.72%	-9.28%	41.40%	-19.84%	9.70%
FCF Margin	9.26%	8.17%	7.83%	8.66%	6.49%	8.80%
Free Cash Flow Per Share	6.45	5.59	5.22	5.73	4.04	5.03
Levered Free Cash Flow	9,734	9,516	7,038	12,329	7,079	3,011
Unlevered Free Cash Flow	9,133	8,008	7,541	8,067	8,603	8,687

Updated Apr 16, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q