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These excerpts taken from the PBG 10-K filed Feb 27, 2008. Strategic
Spending Initiatives
We reinvested both the pre-tax gain of $29 million from the
HFCS settlement and the pre-tax income of $19 million from
the 53rd week in long-term strategic spending initiatives
in the U.S., Canada and Europe. The strategic spending
initiatives, which were recorded in selling, delivery and
administrative expenses, included programs designed primarily to
enhance our customer service agenda, drive productivity and
improve our management information systems.
Strategic Spending Initiatives We reinvested both the pre-tax gain of $29 million from the HFCS settlement and the pre-tax income of $19 million from the 53rd week in long-term strategic spending initiatives in the U.S., Canada and Europe. The strategic spending initiatives, which were recorded in selling, delivery and administrative expenses, included programs designed primarily to enhance our customer service agenda, drive productivity and improve our management information systems. | EXCERPTS ON THIS PAGE:
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