PepsiCo Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $8.24B | $9.58B | $9.07B | $8.91B | $7.62B | $7.12B | $7.31B | $12.52B |
| Depreciation & Amortization | $3.45B | $3.16B | $2.95B | $2.76B | $2.71B | $2.55B | $2.43B | $2.40B |
| Depreciation | $3.21B | $2.95B | $2.71B | $2.52B | $2.48B | $2.34B | $2.26B | $2.24B |
| Amortization | $83.0M | $74.0M | $75.0M | $78.0M | $91.0M | $90.0M | $81.0M | $69.0M |
| Stock-Based Compensation | $288.0M | $362.0M | $380.0M | $343.0M | $301.0M | $264.0M | $237.0M | $256.0M |
| Net Cash from Operating Activities | $12.09B | $12.51B | $13.44B | $10.81B | $11.62B | $10.61B | $9.65B | $9.42B |
| Investing Activities | ||||||||
| Capital Expenditures | $4.42B | $5.32B | $5.52B | $5.21B | $4.63B | $4.24B | $4.23B | $3.28B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-6.88B | $-5.47B | $-5.50B | $-2.43B | $-3.27B | $-11.62B | $-6.44B | $4.56B |
| Financing Activities | ||||||||
| Dividends Paid | $7.64B | $7.23B | $6.68B | $6.17B | $5.82B | $5.51B | $5.30B | $4.93B |
| Stock Repurchases | $1.00B | $1.00B | $1.00B | $1.50B | $106.0M | $2.00B | $3.00B | $2.00B |
| Net Cash from Financing Activities | $-4.98B | $-7.56B | $-3.01B | $-8.52B | $-10.78B | $3.82B | $-8.49B | $-13.77B |
| Net Change in Cash | $651.0M | $-1.21B | $4.66B | $-607.0M | $-2.55B | $2.68B | $-5.20B | $112.0M |
| Free Cash Flow | $7.67B | $7.19B | $7.92B | $5.60B | $6.99B | $6.37B | $5.42B | $6.13B |