Financing

PepsiCo·Cash Flow Statement·15 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Proceeds from issuance of debt	$1.8B	$4B	—	$3.5B	$3.5B	$8.2B	—	$3B
Dividends paid	$3.5B	$5.4B	—	$1.9B	$3.7B	$5.7B	—	$2B
Issuances - maturities longer than 90 days	$3.1B	$3.8B	—	$3.7B	$5.3B	$5.5B	—	$1.9B
Proceeds from Short-Term Debt (Maturity > 3 Months)	$3.1B	$3.8B	—	$3.7B	$5.3B	$5.5B	—	$1.9B
Net cash from financing activities	-$2.9B	-$5.3B	$0	$1.8B	$1.9B	-$1B	-$7.6B	$1.7B
Repayments of debt	$2.9B	$2.9B	—	$1.5B	$2.5B	$3.2B	—	$1.6B
Short-term borrowings/(repayments) less than 90 days — net	$1.3B	$101M	—	$373M	$2.4B	$445M	—	$1.2B
Net change in short-term borrowings	$1.3B	$101M	—	$373M	$2.4B	$445M	—	$1.2B
Repayments of Short-Term Debt, Maturing in More than Three Months	$2.1B	$4.2B	—	$2.1B	$2.5B	$5.4B	—	$676M
Repayments of Short-Term Debt (Maturity > 3 Months)	$2.1B	$4.2B	—	$2.1B	$2.5B	$5.4B	—	$676M
Repurchases of common stock	$461M	$760M	—	$183M	$494M	$752M	—	$182M
Proceeds from issuance of common stock	$107M	$138M	—	$50M	$58M	$76M	—	$93M
Taxes paid for net share settlement	$131M	$132M	—	$89M	$111M	$112M	—	$76M
Other, net	-$20M	-$22M	-$11M	-$2M	-$17M	-$18M	-$36M	-$1M
Other financing activities	-$20M	-$22M	-$11M	-$2M	-$17M	-$18M	—	-$1M