Non-Current Liabilities

PepsiCo·Balance Sheet Statement·17 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Total liabilities	$80B	$80.9B	$81.3B	$83.2B	$86.8B	$87B	$86.9B	$89.1B
Long-Term Debt - Fair Value	$41B	$42B	$40B	$45B	$47B	$48B	$46B	$49B
Long-term debt	$36.6B	$38.5B	$37.2B	$39.4B	$39.3B	$44.1B	$42.3B	$42.6B
Long-Term Debt and Finance Lease Obligations	$36.6B	$38.5B	$37.2B	$39.4B	$39.3B	$44.1B	$42.3B	$42.6B
Other non-current liabilities	$8.3B	$8.4B	$9.1B	$8.7B	$8B	$7.9B	$8B	$8B
Carrying Amount of Hedged Term Debt	—	—	$1.9B	$2B	$2B	$2B	—	$2B
Total Financial Liabilities at Fair Value	$683M	$691M	$749M	$673M	$932M	$850M	$987M	$868M
Contingent Consideration Liability (Non-Current)	—	—	$0	—	$226M	$180M	$278M	$162M
Deferred Tax Liabilities - Deferred Expense	—	—	$112M	—	—	—	$238M	—
Deferred Tax Liabilities - Leasing Arrangements	—	—	$772M	—	—	—	$819M	—
Deferred Tax Liabilities - Right-of-Use Asset	—	—	$773M	—	—	—	$819M	—
Operating Lease Liability Payments - 2026 (Lessee)	—	—	$579M	—	—	—	$631M	—
Operating Lease Liability Payments - 2027 (Lessee)	—	—	$377M	—	—	—	$434M	—
Operating Lease Liability Payments - 2028 (Lessee)	—	—	$478M	—	—	—	$512M	—
Operating Lease Liability Payments - 2029 (Lessee)	—	—	$377M	—	—	—	$434M	—
Operating Lease Liability Payments - Thereafter (Lessee)	—	—	$1.1B	—	—	—	$1.3B	—
Underfunded Retirement Plans	—	—	$664M	—	—	—	$632M	—