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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Interest
Expense, net
2008
vs. 2007
Net interest expense increased by $16 million largely due
to higher average debt balances throughout the year and our
treasury rate locks that were settled in the fourth quarter.
These increases were partially offset by lower effective
interest rates from interest rate swaps which convert our
fixed-rate debt to variable-rate debt.
2007
vs. 2006
Net interest expense increased by $8 million largely due to
higher effective interest rates and additional interest
associated with higher average debt balances throughout the year.
These excerpts taken from the PBG 10-K filed Feb 20, 2009. Interest
Expense, net
2008
vs. 2007
Net interest expense increased by $16 million largely due
to higher average debt balances throughout the year and our
treasury rate locks that were settled in the fourth quarter.
These increases were partially offset by lower effective
interest rates from interest rate swaps which convert our
fixed-rate debt to variable-rate debt.
2007
vs. 2006
Net interest expense increased by $8 million largely due to
higher effective interest rates and additional interest
associated with higher average debt balances throughout the year.
Interest Expense, net 2008 vs. 2007 Net interest expense increased by $16 million largely due to higher average debt balances throughout the year and our treasury rate locks that were settled in the fourth quarter. These increases were partially offset by lower effective interest rates from interest rate swaps which convert our fixed-rate debt to variable-rate debt. 2007 vs. 2006 Net interest expense increased by $8 million largely due to higher effective interest rates and additional interest associated with higher average debt balances throughout the year. These excerpts taken from the PBG 10-K filed Feb 27, 2008. Interest
Expense, net
2007
vs. 2006
Net interest expense increased by $8 million largely due to
higher effective interest rates and additional interest
associated with higher average debt balances throughout the year.
2006
vs. 2005
Net interest expense increased by $16 million largely due
to higher effective interest rates from interest rate swaps
which convert our fixed-rate debt to variable-rate debt.
Interest Expense, net 2007 vs. 2006 Net interest expense increased by $8 million largely due to higher effective interest rates and additional interest associated with higher average debt balances throughout the year. 2006 vs. 2005 Net interest expense increased by $16 million largely due to higher effective interest rates from interest rate swaps which convert our fixed-rate debt to variable-rate debt. | EXCERPTS ON THIS PAGE:
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