PepsiCo, Inc. Files 2023 Annual Report on Form 10-K
Ticker: PEP · Form: 10-K · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: PepsiCo, 10-K, Annual Report, Financials, Beverages
TL;DR
<b>PepsiCo, Inc. has filed its 2023 annual report on Form 10-K, detailing its financial performance and business operations for the fiscal year ending December 30, 2023.</b>
AI Summary
PEPSICO INC (PEP) filed a Annual Report (10-K) with the SEC on February 9, 2024. PepsiCo, Inc. filed its annual report on Form 10-K for the fiscal year ended December 30, 2023. The filing covers the period from January 1, 2023, to December 30, 2023. The company's principal executive offices are located at 700 Anderson Hill Road, Purchase, NY 10577. PepsiCo, Inc. is incorporated in North Carolina. The Standard Industrial Classification code for PepsiCo, Inc. is BEVERAGES [2080].
Why It Matters
For investors and stakeholders tracking PEPSICO INC, this filing contains several important signals. This 10-K filing provides a comprehensive overview of PepsiCo's financial health, operational strategies, and risk factors for the fiscal year 2023, which is crucial for investors to assess the company's performance and future outlook. The detailed financial statements and disclosures within the report are essential for stakeholders to understand PepsiCo's revenue streams, profitability, debt levels, and overall market position within the beverage and snack industry.
Risk Assessment
Risk Level: medium — PEPSICO INC shows moderate risk based on this filing. The filing is a standard annual report (10-K), which typically contains a broad range of financial and operational information. While it doesn't highlight immediate crises, the sheer volume and complexity of information, including various financial instruments and risk factors, necessitate careful analysis, making the overall risk assessment medium.
Analyst Insight
Investors should review the detailed financial statements, management's discussion and analysis, and risk factors in the 10-K to understand PepsiCo's performance and strategic direction for 2023.
Key Numbers
- 20231230 — Fiscal Year End (CONFORMED PERIOD OF REPORT)
- 20240209 — Filing Date (FILED AS OF DATE)
- 133 — Public Document Count (PUBLIC DOCUMENT COUNT)
- 001-01183 — SEC File Number (SEC FILE NUMBER)
Key Players & Entities
- PEPSICO INC (company) — FILER
- 0000077476 (company) — CENTRAL INDEX KEY
- 700 ANDERSON HILL RD (company) — BUSINESS ADDRESS STREET 1
- PURCHASE (company) — BUSINESS ADDRESS CITY
- NY (company) — BUSINESS ADDRESS STATE
- 10577 (company) — BUSINESS ADDRESS ZIP
- NC (company) — STATE OF INCORPORATION
- 2080 (company) — STANDARD INDUSTRIAL CLASSIFICATION
Forward-Looking Statements
- PepsiCo will successfully manage its Zero Point Two Five Percent Notes Due 2024 without significant financial strain. (PEPSICO INC) — high confidence, target: 2024-12-31
- PepsiCo's long-term debt strategy, extending to 2050, suggests a stable financial outlook for the foreseeable future. (PEPSICO INC) — medium confidence, target: 2030-12-31
FAQ
When did PEPSICO INC file this 10-K?
PEPSICO INC filed this Annual Report (10-K) with the SEC on February 9, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by PEPSICO INC (PEP).
Where can I read the original 10-K filing from PEPSICO INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by PEPSICO INC.
What are the key takeaways from PEPSICO INC's 10-K?
PEPSICO INC filed this 10-K on February 9, 2024. Key takeaways: PepsiCo, Inc. filed its annual report on Form 10-K for the fiscal year ended December 30, 2023.. The filing covers the period from January 1, 2023, to December 30, 2023.. The company's principal executive offices are located at 700 Anderson Hill Road, Purchase, NY 10577..
Is PEPSICO INC a risky investment based on this filing?
Based on this 10-K, PEPSICO INC presents a moderate-risk profile. The filing is a standard annual report (10-K), which typically contains a broad range of financial and operational information. While it doesn't highlight immediate crises, the sheer volume and complexity of information, including various financial instruments and risk factors, necessitate careful analysis, making the overall risk assessment medium.
What should investors do after reading PEPSICO INC's 10-K?
Investors should review the detailed financial statements, management's discussion and analysis, and risk factors in the 10-K to understand PepsiCo's performance and strategic direction for 2023. The overall sentiment from this filing is neutral.
Key Dates
- 2024-02-09: Filing Date — Submission of the 2023 annual report on Form 10-K.
- 2023-12-30: Fiscal Year End — End date for the reporting period covered by the 10-K.
From the Filing
0000077476-24-000008.txt : 20240209 0000077476-24-000008.hdr.sgml : 20240209 20240208175851 ACCESSION NUMBER: 0000077476-24-000008 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 133 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSICO INC CENTRAL INDEX KEY: 0000077476 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 131584302 STATE OF INCORPORATION: NC FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 24610492 BUSINESS ADDRESS: STREET 1: 700 ANDERSON HILL RD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142532000 MAIL ADDRESS: STREET 1: 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577-1444 FORMER COMPANY: FORMER CONFORMED NAME: PEPSI COLA CO DATE OF NAME CHANGE: 19700903 10-K 1 pep-20231230.htm FORM 10-K pep-20231230 false 2023 FY 0000077476 12/30 0.0167 0.0167 84 84 84 119 P5Y P05Y P5Y http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilities 0000077476 2023-01-01 2023-12-30 0000077476 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0000077476 pep:ZeroPointTwoFivePercentNotesDue2024Member 2023-01-01 2023-12-30 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2023-01-01 2023-12-30 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2023-01-01 2023-12-30 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointSevenFivePercentNotesDue2033Member 2023-01-01 2023-12-30 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2023-01-01 2023-12-30 0000077476 pep:ZeroPointEightSevenFiveNotesDue2039Member 2023-01-01 2023-12-30 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2023-01-01 2023-12-30 0000077476 2023-06-16 iso4217:USD 0000077476 2024-02-02 xbrli:shares 0000077476 2021-12-26 2022-12-31 0000077476 2020-12-27 2021-12-25 iso4217:USD xbrli:shares 0000077476 2022-12-31 0000077476 2021-12-25 0000077476 2020-12-26 0000077476 2023-12-30 0000077476 us-gaap:CommonStockMember 2022-12-31 0000077476 us-gaap:CommonStockMember 2021-12-25 0000077476 us-gaap:CommonStockMember 2020-12-26 0000077476 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0000077476 us-gaap:CommonStockMember 2021-12-26 2022-12-31 0000077476 us-gaap:CommonStockMember 2020-12-27 2021-12-25 0000077476 us-gaap:CommonStockMember 2023-12-30 0000077476 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000077476 us-gaap:AdditionalPaidInCapitalMember 2021-12-25 0000077476 us-gaap:AdditionalPaidInCapitalMember 2020-12-26 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0000077476 us-gaap:AdditionalPaidInCapitalMember 2021-12-26 2022-12-31 0000077476 us-gaap:AdditionalPaidInCapitalMember 2020-12-27 2021-12-25 0000077476 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0000077476 us-gaap:RetainedEarningsMember 2022-12-31 0000077476 us-gaap:RetainedEarningsMember 2021-12-25 0000077476 us-gaap:RetainedEarningsMember 2020-12-26 0000077476 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-30 0000077476 us-gaap:Re