What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to inform investors about PepsiCo's strategic realignment of its organizational structure into three new business units and the resulting six reportable segments, effective for the 2008 fiscal year. It provides historical segment data to align with this new structure.

Does this change affect PepsiCo's previously reported financial results?

No, this change in segment reporting does not revise or restate PepsiCo's previously reported consolidated financial statements. However, the company is providing reclassified operating segment data and comparable basis data for historical periods to align with the new structure.

How will PepsiCo's financial reporting change going forward?

Beginning in the first quarter of 2008, PepsiCo's financial statements will reflect the new reporting structure with prior periods adjusted accordingly. Investors will receive financial information based on the six new reportable segments.

PEP 8-K SEC Disclosure — Mar 24, 2008

Q: What are the new reportable segments for PepsiCo?

The six new reportable segments are: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin American Foods (LAF), PepsiCo Beverages North America (PAB), United Kingdom & Europe, and Middle East, Africa & Asia.

Summary

PepsiCo, Inc. (PEP) filed an 8-K on March 24, 2008, to disclose changes in its segment reporting structure, effective for the 2008 fiscal year. The company realigned its operations into three new business units: PepsiCo Americas Foods (PAF), PepsiCo Americas Beverages (PAB), and PepsiCo International (PI). This structural change results in six reportable operating segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin American Foods (LAF), PepsiCo Beverages North America (PBNA), United Kingdom & Europe, and Middle East, Africa & Asia.

Key Highlights

1PepsiCo is implementing a new organizational structure, consolidating operations into three core business units: Americas Foods, Americas Beverages, and International.
2This restructuring will result in six distinct reportable segments starting from the first quarter of 2008.
3The new segments are: FLNA, QFNA, LAF, PAB, United Kingdom & Europe, and Middle East, Africa & Asia.
4This Form 8-K provides summary financial information and historical data on a basis consistent with the new reporting structure.
5The segment reporting change does not restate previously reported consolidated financial statements.
6Prior periods will be adjusted accordingly in future financial statements to reflect the new reporting structure.

PEPSICO INC 8-K Report, Corporate Update (Mar 24, 2008)

Summary

Key Highlights

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