Current Portion of Long-Term Debt PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is composed of the following:   December 31   Current Year Preceding Year Total long term-debt $27,917   $26,557   Current portion (4,096)   (2,224)   Long-term debt $23,821   $24,333     If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?

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