Summary
PepsiCo, Inc. (PEP) filed a Form 8-K on May 31, 2006, primarily to disclose the submission of its first quarter 2006 financial data formatted in XBRL (eXtensible Business Reporting Language). This filing includes an XBRL Report Instance Document and related schema and linkbase files, alongside a supplemental PDF document featuring an "Intelligent Financial Statement™" with embedded XBRL data. The company emphasizes that these XBRL documents are unaudited and are intended for testing the technology, not as official financial statements.
Key Highlights
- 1PepsiCo is testing XBRL technology for financial reporting, submitting its Q1 2006 financial data in XBRL format.
- 2The filing includes an XBRL Report Instance Document, schema, and linkbase files.
- 3A supplemental "Intelligent Financial Statement™" PDF with embedded XBRL data is also provided.
- 4The XBRL data is explicitly stated as unaudited.
- 5Investors are advised to rely on the official Form 10-Q filed on April 26, 2006, for investment decisions, not the XBRL data.
- 6This filing is part of a pilot program to test XBRL formatting and related technologies.
- 7The information furnished is not considered 'filed' for the purposes of Section 18 of the Exchange Act.
Frequently Asked Questions
The main purpose of this 8-K filing is to provide PepsiCo's first quarter 2006 financial information in XBRL format for technology testing purposes. It is not intended to be a substitute for the official financial statements.
No, the XBRL documents and the supplemental PDF containing XBRL data are explicitly stated as unaudited. Investors should not rely on this information for investment decisions.
Investors should refer to PepsiCo's Quarterly Report on Form 10-Q for the quarter ended March 25, 2006, which was filed with the SEC on April 26, 2006. This is the official version of the financial statements.
XBRL (eXtensible Business Reporting Language) is a global standard for exchanging business information. PepsiCo is using it in this filing as part of a pilot program to test the format and related technology for financial reporting.