As a result of the bottling deconsolidation in 1999 and the Tropicana acquisition late in 1998, the data provided above is not comparable. In 1997, we disposed of our restaurants segment and accounted for the disposal as discontinued operations. Accordingly, all information has been restated for 1997.
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(a)
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Includes merger-related costs of $356 ($322 after-tax and $0.18 per share).
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(b)
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Includes other impairment and restructuring charges of $31 ($19 after-tax or $0.01 per share) in 2001, $184 ($111 after-tax or $0.06 per share) in 2000, $73 ($45 after-tax or $0.02 per share) in 1999, $482 ($379 after-tax or $0.21 per share) in 1998 and $331 ($265 after-tax or $0.14 per share) in 1997.
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(c) |
The 2000 fiscal year consisted of fifty-three weeks compared to fifty-two weeks in our normal fiscal year. The fifty-third week increased 2000 net sales by an estimated $294 and net income by an estimated $44 (or $0.02 per share).
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(d) |
Includes a net gain on bottling transactions of $1.0 billion ($270 after-tax or $0.15 per share) and a tax provision related to the PepCom transaction of
$25 (or $0.01 per share), and a Quaker favorable tax adjustment of $59 (or $0.03 per share).
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(e) |
Includes a tax benefit of $494 (or $0.27 per share) related to final agreement with the IRS to settle a case related to concentrate operations in
Puerto Rico.
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(f) |
Cash dividends per common share are those of pre-merger PepsiCo prior to the effective date of the merger.
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(g) |
Includes a loss on a business divestiture of $1.4 billion ($1.1 billion after-tax or $0.61 per share).
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