strategic-management

236 JOHN AND SHERRY ROSS
EXHIBIT 3 Balance Sheet Assets—continued
(in millions except share amounts) 2008 2007 2006
Long-Term Debt Obligations 7,858 4,203 2,550
Other Liabilities 7,017 4,792 4,624
Deferred Income Taxes 226 646 528
Total Liabilities 23,888 17,394 14,562
Commitments and Contingencies 41
Preferred Stock, no par value 41 41 (120)
Repurchased Preferred Stock
Common Shareholders’ Equity
Common stock, par value 1 2/3 per share
-138 -132
(authorized 3,600 shares, issued 1,782 shares) 30 30 30
Capital in excess of par value 351 450 584
Retained earnings 30,638 28,184 24,837
Accumulated other comprehensive loss
Repurchased common stock, at cost (229
-4,694 -952 (2,246)
and 177 shares, respectively) -14,122 -10,387 (7,758)
Total Common Shareholders’ Equity 12,203 17,325 15,447
Total Liabilities and Shareholders’ Equity $ 35,994 $ 34,628 $ 29,930
Source: Form 10K (2009).
EXHIBIT 4 Net Revenues and Percentages of Net Revenues by Division
Net Revenue and Percent 2008 Percent 2007 Percent 2006 Percent
PepsiCo total $ 43,251 100% $ 39,474 100% $ 35137 100%
Division
Frito-Lay North America (FLNA) $ 12,507 28.9 $ 11,586 29.3 $ 10,844 30.8
Quaker Foods North America (QFNA) $ 1,902 4.3 $ 1,860 4.7 $ 1,769 5.0
Latin American Foods (LAF) $ 5,895 13.6 $ 4,872 12.3 $ 3,972 11.3
PepsiCo Americas Beverages (PAB) $ 10,937 25.2 $ 11,090 28.0 $ 10,362 29.9
United Kingdom & Europe (UKEU) $ 6,435 14.8 $ 5,492 13.9 $ 4,750 13.5
Middle East, Africa, & Asia (MEAA) $ 5,575 12.8 $ 4,574 11.5 $ 3,440 9.7
Source: Form 10K (2009).
EXHIBIT 5 Operating Profit by Division
2008 2007 2006
Total Net Revenue $ 43,251 $ 39,474 $ 35,137
Operating Profit by Division
FLNA $ 2,959 $ 2,845 $ 2,615
QFNA 582 568 554
LAF 897 714 655
PAB 2,026 2,487 2,315
UKEU 811 774 700
MEAA 667 535 401
Source: Form 10K (2009).