EXERCISES On December 5, 2018, PepsiCo (PEP) acquired all the outstanding shares of SodaStream, a man- ufacturer and distributor of sparkling water makers, for $144.00 per share in cash, in a transaction valued at approximately $3.3 billion. As of the balance sheet date, $1,997 million of the consider- ation was held by the paying agent in connection with this acquisition and reports as restricted cash as of December 29, 2018, E4.10 The restricted cash associated with this acquisition is detailed in Note 13, and the correspond- ing payable is reported in Note 15. Note 13-Restricted Cash The following table provides a reconciliation of cash and cash equivalents and restricted cash as re- ported within the balance sheet to the same items as reported in the cash flow statement. Cash and cash equivalents Restricted cash Restricted cash included in other assets Total cash and cash equivalents and restricted cash. Note 15 Supplemental Financial Information Balance Sheet Accounts payable and other current liabilities Accounts payable. Accrued marketplace spending 2018 Accrued compensation and benefits Dividends payable SodaStream consideration payable Other current labilities $ 8,721 1,997 51 $10,769 Represents consideration held by our paying agent in connection with our acquisition of Badastream. 34 Restricted cash included in other assets primanty relates to colaterw posted against our derivative asset or liability positions. 2018 $ 7.213 2,541 1.755 1.329 2017 $10,610 1.997 3.277 $18,112 47 $10,657 2017 $ 6,727 2390 1.785 1161 2.954 $15,017 For each item in the two notes, identify whether the item would be used in calculating NOA. NFL. or be split.
EXERCISES On December 5, 2018, PepsiCo (PEP) acquired all the outstanding shares of SodaStream, a man- ufacturer and distributor of sparkling water makers, for $144.00 per share in cash, in a transaction valued at approximately $3.3 billion. As of the balance sheet date, $1,997 million of the consider- ation was held by the paying agent in connection with this acquisition and reports as restricted cash as of December 29, 2018, E4.10 The restricted cash associated with this acquisition is detailed in Note 13, and the correspond- ing payable is reported in Note 15. Note 13-Restricted Cash The following table provides a reconciliation of cash and cash equivalents and restricted cash as re- ported within the balance sheet to the same items as reported in the cash flow statement. Cash and cash equivalents Restricted cash Restricted cash included in other assets Total cash and cash equivalents and restricted cash. Note 15 Supplemental Financial Information Balance Sheet Accounts payable and other current liabilities Accounts payable. Accrued marketplace spending 2018 Accrued compensation and benefits Dividends payable SodaStream consideration payable Other current labilities $ 8,721 1,997 51 $10,769 Represents consideration held by our paying agent in connection with our acquisition of Badastream. 34 Restricted cash included in other assets primanty relates to colaterw posted against our derivative asset or liability positions. 2018 $ 7.213 2,541 1.755 1.329 2017 $10,610 1.997 3.277 $18,112 47 $10,657 2017 $ 6,727 2390 1.785 1161 2.954 $15,017 For each item in the two notes, identify whether the item would be used in calculating NOA. NFL. or be split.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:EXERCISES
On December 5, 2018, PepsiCo (PEP) acquired all the outstanding shares of SodaStream, a man-
ufacturer and distributor of sparkling water makers, for $144.00 per share in cash, in a transaction
valued at approximately $3.3 billion. As of the balance sheet date, $1,997 million of the consider-
ation was held by the paying agent in connection with this acquisition and reports as restricted cash
as of December 29, 2018.
E4.10
The restricted cash associated with this acquisition is detailed in Note 13, and the correspond-
ing payable is reported in Note 15.
Note 13-Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash as re-
ported within the balance sheet to the same items as reported in the cash flow statement.
2018
$ 8,721
1,997
51
$10,769
Cash and cash equivalents
Restricted cash.
Restricted cash included in other assets
Total cash and cash equivalents and restricted cash.
Note 15 Supplemental Financial Information
Balance Sheet
Represents consideration held by our paying agent in connection with our acquisition of Sodastream.
Restricted cash included in other assets primanty relates to colateral posted against our derivative asset
or liability positions.
Accounts payable and other current liabilities
Accounts payable..
Accrued marketplace spending
Accrued compensation and benefits
Dividends payable
SodaStream consideration payable
Other current abilities
2018
2017
$10,610
$7.213
2,541
1.755
1.329
1.997
3.277
$18,112
47
$10,657
2017
$ 6,727
2.390
1.785
1.161
2.954
$15,017
For each item in the two notes, identify whether the item would be used in calculating NOA. NFL.
or be split.
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