Pepsicoreason 02 of 4it makes it for less than anyone else canderived 2026-09-11accession 0000077476-26-000035
The 2019 Productivity Plan expects to incur pre-tax charges of approximately $6.15 billion, including cash expenditures of approximately $5.1 billion
Plan-to-date through June 13, 2026, we have incurred pre-tax charges of $3.8 billion, including cash expenditures of $3.0 billion
We expect to incur the majority of the remaining pre-tax charges and cash expenditures through 2027, with the balance to be incurred through 2030
Operating profit increased 125%, primarily driven by productivity savings, effective net pricing, lower restructuring charges
APAC operating profit increased 103%, primarily reflecting productivity savings and a 10-percentage-point impact of lower commodity costs, primarily potatoes and packaging materials
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the claims it rests on
“The 2019 Productivity Plan expects to incur pre-tax charges of approximately $6.15 billion, including cash expenditures of approximately $5.1 billion”
“Plan-to-date through June 13, 2026, we have incurred pre-tax charges of $3.8 billion, including cash expenditures of $3.0 billion”
“We expect to incur the majority of the remaining pre-tax charges and cash expenditures through 2027, with the balance to be incurred through 2030”
“Operating profit increased 125%, primarily driven by productivity savings, effective net pricing, lower restructuring charges”
“APAC operating profit increased 103%, primarily reflecting productivity savings and a 10-percentage-point impact of lower commodity costs, primarily potatoes and packaging materials”