Pepsico 8-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 7, 2008
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: (914) 253-2000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 8.01. Other Events
As previously communicated, in the fourth quarter of 2007, PepsiCo (the Company) announced a strategic realignment of its organizational structure into three new business units, as follows:
Beginning in 2008, the Companys three business units are now comprised of six reportable segments, as follows:
This Form 8-K provides revised historical segment information on a basis consistent with the Company's new segment reporting structure. As a result of the new reporting structure, the segment discussions within Managements Discussion and Analysis (MD&A) and footnotes 1, 3 and 4, as included in the Companys Annual Report on Form 10-K for the year ended December 29, 2007, have been revised and included in Exhibit 99.1 to this Form 8-K. The change in the reporting structure, as reflected in the information included in this Form 8-K, only affects the manner in which segment results were previously reported. It does not revise or restate the Companys previously reported consolidated financial statements for any period. Beginning in the first quarter of 2008, the Companys financial statements will reflect the new reporting structure with prior periods adjusted accordingly.
Item 9.01(d). Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATE: April 7, 2008