Pepsi 2005 Annual Report Download - page 54

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Consolidated Balance Sheet
PepsiCo, Inc. and Subsidiaries
December 31, 2005 and December 25, 2004
(in millions except per share amounts) 2005 2004
ASSETS
Current Assets
Cash and cash equivalents................................................................................................................................... $ 1,716 $ 1,280
Short-term investments ........................................................................................................................................ 3,166 2,165
4,882 3,445
Accounts and notes receivable, net....................................................................................................................... 3,261 2,999
Inventories............................................................................................................................................................. 1,693 1,541
Prepaid expenses and other current assets........................................................................................................... 618 654
Total Current Assets ....................................................................................................................................... 10,454 8,639
Property, Plant and Equipment, net .................................................................................................................... 8,681 8,149
Amortizable Intangible Assets, net...................................................................................................................... 530 598
Goodwill................................................................................................................................................................. 4,088 3,909
Other nonamortizable intangible assets................................................................................................................ 1,086 933
Nonamortizable Intangible Assets.................................................................................................................. 5,174 4,842
Investments in Noncontrolled Affiliates.............................................................................................................. 3,485 3,284
Other Assets ......................................................................................................................................................... 3,403 2,475
Total Assets................................................................................................................................................ $31,727 $27,987
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Short-term obligations .......................................................................................................................................... $ 2,889 $ 1,054
Accounts payable and other current liabilities...................................................................................................... 5,971 5,599
Income taxes payable............................................................................................................................................ 546 99
Total Current Liabilities .................................................................................................................................. 9,406 6,752
Long-Term Debt Obligations................................................................................................................................. 2,313 2,397
Other Liabilities.................................................................................................................................................... 4,323 4,099
Deferred Income Taxes........................................................................................................................................ 1,434 1,216
Total Liabilities................................................................................................................................................ 17,476 14,464
Commitments and Contingencies
Preferred Stock, no par value............................................................................................................................. 41 41
Repurchased Preferred Stock............................................................................................................................. (110) (90)
Common Shareholders’ Equity
Common stock, par value 1 2/3¢ per share (issued 1,782 shares)....................................................................... 30 30
Capital in excess of par value............................................................................................................................... 614 618
Retained earnings................................................................................................................................................. 21,116 18,730
Accumulated other comprehensive loss ................................................................................................................ (1,053) (886)
20,707 18,492
Less: repurchased common stock, at cost (126 and 103 shares, respectively) ................................................... (6,387) (4,920)
Total Common Shareholders’ Equity .............................................................................................................. 14,320 13,572
Total Liabilities and Shareholders’ Equity ................................................................................................ $31,727 $27,987
See accompanying notes to consolidated financial statements.