Sidenav for 97 Annual Report PepsiCo

Industry Segments

($ in millions) 1997 1996 1995 1994 1993






NET SALES  
 Beverages  
   North America(a) $ 7,852 $ 7,734 $ 7,427 $ 7,045 $ 6,464
   International 2,689 2,853 3,040 2,609 2,168






10,541 10,587 10,467 9,654 8,632






 Snack Foods  
   North America(a) 6,967 6,628 5,873 5,379 4,686
   International 3,409 3,122 2,727 2,951 2,388






10,376 9,750 8,600 8,330 7,074






Combined Segments $ 20,917 $ 20,337 $ 19,067 $ 17,984 $ 15,706






Operating Profit(b)  
 Beverages  
   North America(a) $ 1,297 $ 1,412 $ 1,238 $ 1,104 $ 1,012
   International (137) (830) 128 147 104






1,160 582 1,366 1,251 1,116






 Snack Foods  
   North America(a) 1,414 1,286 1,149 1,043 914
   International 318 346 301 354 285






1,732 1,632 1,450 1,397 1,199






Combined Segments 2,892 2,214 2,816 2,648 2,315






Adjustments  
Equity (income)/loss from unconsolidated affiliates (84) 274 (38) (52) (31)
 
Other(c) 1 10 (37) (2) 15






   Total Adjustments (83) 284 (75) (54) (16)






Combined Segments-
  SFAS 14 Basis
(d)
$ 2,809 $ 2,498 $ 2,741 $ 2,594 $ 2,299






(a) North America is composed of operations in the U.S. and Canada.
(b) Represents reported amounts. See Note 2 - Unusual Items Affecting Comparability for 1997 and 1996. In addition, 1995 segment operating profit excludes the $66 charge for the initial, noncash impact of adopting SFAS 121 and 1994 International Beverages includes an $18 gain on a stock offering by BAESA.
(c) Adjustments directly allocable to industry segments for SFAS 14 purposes but reported in Corporate. Adjustments include the $66 SFAS 121 charge in 1995 and elimination of the $18 gain on the stock offering by BAESA in 1994.
(d) Operating profit as defined by SFAS 14 and as disclosed in Note 17.

[Results of Operations] [Beverages]

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