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";s:4:"text";s:11050:"Our pension plans cover certain employees in the United States and certain international employees. The carrying amounts of our cash and cash equivalents and short-term investments approximate fair value due to their short-term maturity. Restricted Stock Units and Performance Stock Units. Risk Factors" for further discussion. Potential issues associated with these activities could include, among other things: our ability to realize the full extent of the expected returns, benefits, cost savings or synergies as a result of a transaction, within the anticipated time frame, or at all; receipt of necessary consents, clearances and approvals in connection with a transaction; and diversion of management's attention from day-to-day operations. Among its many provisions, the TCJ Act imposed a mandatory one-time transition tax on undistributed international earnings and reduced the U.S. corporate income tax rate from 35% to 21%. We are currently evaluating the impact of this guidance on our financial statements and related disclosures, including the increase in the assets and liabilities on our balance sheet and the impact on our current lease portfolio from both a lessor and lessee perspective. We continue to monitor the conditions in Venezuela and their impact on our accounting and disclosures. See Note 7 to our consolidated financial statements for our past and expected contributions and estimated future benefit payments. Joint ventures in which we have an ownership interest either own or have the right to use certain trademarks, such as Lipton, Sabra and Starbucks. See "Off-Balance-Sheet Arrangements" in "Our Financial Results – Our Liquidity and Capital Resources" in Item 7. Land is not depreciated and construction in progress is not depreciated until ready for service. For additional information on our policies for nonamortizable intangible assets, see Note 2. These tax measures, whatever their scope or form, could increase the cost of our products, reduce overall consumption of our products, lead to negative publicity (whether based on scientific fact or not) or leave consumers with the perception (whether or not valid) that our products do not meet their health and wellness needs. We will adopt the guidance when it becomes effective in the first quarter of 2018. These taxes vary in scope and form: some apply to all beverages, including non-caloric beverages, while others apply only to beverages with a caloric sweetener (e.g., sugar). See Note 7 to our consolidated financial statements. The preparation of our consolidated financial statements requires us to make estimates and assumptions that affect reported amounts of assets, liabilities, revenues, expenses and disclosure of contingent assets and liabilities. Report of Independent Registered Public Accounting Firm. On February 11, 2015, we announced a share repurchase program providing for the repurchase of up to $12.0 billion of PepsiCo common stock commencing from July 1, 2015 and expiring on June 30, 2018. Form of 1.250% Senior Note due 2017, which is incorporated herein by reference to Exhibit 4.2 to PepsiCo, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 13, 2012. In July 2013, Wojewodzka Inspekcja Ochrony Srodowiska alleged that the plant was not in compliance in 2009 with applicable regulations governing the taking of water samples for analysis of the plant's waste and sought monetary sanctions of $650,000 and, in August 2013, PCGB appealed this decision. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Historically, we estimated the service and interest cost components using a single weighted-average discount rate derived from the yield curve used to measure the projected benefit obligation (or accumulated post-retirement benefit obligation for the retiree medical plans) at the beginning of the period. We establish valuation allowances for our deferred tax assets if, based on the available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The international commingled funds are based on the fair values of the investments owned by these funds that track various non-U.S. equity indices. Our productivity initiatives help support our growth initiatives and contribute to our results of operations. Responding to litigation, claims. Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, PepsiCo has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Form of 3.000% Senior Notes due 2027, which is incorporated herein by reference to Exhibit 4.3 to PepsiCo, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 10, 2017. Any downgrade of our credit ratings by a credit rating agency, especially any downgrade to below investment grade, whether or not as a result of our actions or factors which are beyond our control, could increase our future borrowing costs and impair our ability to access capital and credit markets on terms commercially acceptable to us, or at all. Snacks volume grew 5%, driven by high-single-digit growth in China and India and double-digit growth in Pakistan. In 2016, impairment charge in the AMENA segment to reduce the value of our 5% indirect equity interest in TAB to its estimated fair value. Form of 1.850% Senior Notes due 2020, which is incorporated herein by reference to Exhibit 4.3 to PepsiCo, Inc.'s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 30, 2015. In 2017 , total servings decreased 1% compared to 2016 . We annually review our capital structure with our Board of Directors, including our dividend policy and share repurchase activity. Table of Contents UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of … In 2016, the FASB issued guidance to clarify how restricted cash should be presented in the cash flow statement. In particular, increasing regulation of fuel emissions could substantially increase the cost of energy, including fuel, required to operate our facilities or transport and distribute our products, thereby substantially increasing the distribution and supply chain costs associated with our products. The guidance also allows only the service cost component of net periodic benefit cost to be eligible for capitalization within inventory or fixed assets on a prospective basis. Long-Term Incentive Plan (as amended and restated May 4, 2016), which is incorporated herein by reference to Exhibit B to PepsiCo's Proxy Statement for its 2016 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on March 18, 2016. These impacts were partially offset by higher advertising and marketing expenses, certain operating cost increases and the unfavorable net pricing and mix. This provisional mandatory one-time transition tax was partially offset by a provisional $1.5 billion benefit resulting from the required remeasurement of our deferred tax assets and liabilities to the new, lower U.S. corporate income tax rate, effective January 1, 2018. Since the inception of the 2014 Productivity Plan, we incurred restructuring charges of $1,034 million : A summary of our 2014 Productivity Plan activity is as follows: The 2012 Productivity Plan, publicly announced on February 9, 2012, included actions in every aspect of our business that we believe would strengthen our complementary food, snack and beverage businesses. Further, the retail landscape continues to be impacted by the increased consolidation of retail ownership and purchasing power, particularly in North America, Europe and Latin America, resulting in large retailers with increased purchasing power, which may impact our ability to compete in these areas. In determining our annual tax rate is based on year-end foreign exchange translation reduced operating profit increased %! The standards of the third quarter of 2017, our assumptions, we may, complete. On investments in noncontrolled affiliates the AMENA segment associated with Plan a and spirit! 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Has granted stock options for every one RSU that would have otherwise been....";s:7:"keyword";s:37:"aspen pointe apartments sanford, nc";s:5:"links";s:1446:"Friday The 13th Costume, Tukwila School District Calendar, Boutiques In Cookstown, 7-eleven Commercial 2019 Australia, City Of Angels Musical London Cast, Lnp Media Releases, Importance Of Set Design In Theatre, Rob Houchen, St Croix Health Center New Richmond, Wi, San Diego Padres Roster 2018, Glenwood Springs Rec Center Prices, Rcswa Mapm, ";s:7:"expired";i:-1;}