This excerpt taken from the PBG 8-K filed Jan 29, 2008.
PR Beverages Venture (the Russian joint venture)
On March 1, 2007, together with PepsiCo, PBG formed PR Beverages Limited, a joint venture that will enable the Company to strategically invest in Russia to accelerate its growth. PBG consolidates the venture into its financial results. The joint venture has no impact on diluted EPS.