PepsiCo, Inc. — Cash Flow Charts
12 quarters of history · ending 2026-03-21 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+104.2% +$1.01B
$41M
Free Cash Flow↑+74.2% +$1.17B
$-406M
Investing Cash Flow↑+61.3% +$755M
$-477M
Financing Cash Flow↓-6.0% -$106M
$1.66B
Capex↓-25.9% -$156M
$447M
Acquisitions
—
Stock Buybacks↓-0.5% -$1M
$182M
Dividends Paid↑+4.5% +$84M
$1.97B
Stock-Based Comp↑+20.8% +$16M
$93M
Debt Issued↓-15.4% -$541M
$2.96B
Debt Repaid↑+5.7% +$88M
$1.63B
D&A↑+8.5% +$58M
$742M
SBC Allocated Expense↑+20.8% +$16M
$93M
SBC Granted (Grant-Date FV)NEW↓-12.6% -$49M
$337M
SBC Vested (Vest-Date FV)NEW↑+7.1% +$20M
$301M