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PepsiCo is a world leader in convenient snacks, foods, and beverages, with revenues of $60 billion and over 285,000 employees. PepsiCo owns some of the world's most popular brands, including Pepsi-Cola, Mountain Dew, Diet Pepsi, Lay's, Doritos, Tropicana, Gatorade, and Quaker. Our brands are available worldwide through a variety of go-to-market systems, including direct store delivery (DSD), broker-warehouse, and food service and vending.
PepsiCo was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. Tropicana was acquired in 1998 and PepsiCo merged with the Quaker Oats Company, including Gatorade, in 2001.
We report our operations results as follows, by six segments:

Our operating divisions report volume based on the following measures:
| Division | Volume Measure |
|---|---|
| FLNA | Pounds |
| PAB | 8 oz equivalent cases (192 oz per case) |
| QFNA | Pounds |
| Europe & AMEA | |
| Int'l Beverages | 8 oz equivalent cases (192 oz per case) |
| Int'l Snacks | Kilos |
| Int'l Foods | Kilos |
Because our divisions each use different measures of physical unit volume, a common servings metric is necessary to reflect PepsiCo's consolidated physical unit volume. Our divisions' physical volume measures are converted into servings, based on U.S. Food and Drug Administration guidelines for single serving sizes of our products, as follows:
| - Salty snacks | 30 grams |
| - Sweet snacks | 40 grams |
| - Beverages | 8 ounces |
| - Other Foods | 45 grams |
PepsiCo's fiscal year consists of 52 weeks and is divided into 13 4-week periods. Our fiscal year ends on the last Saturday in December and, as a result, a 53rd week is added every five or six years.
Most of our volume and financial results are reported based on fiscal quarters, with some exceptions, as described in the chart and notes below:
| Division | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| FLNA | 3 fiscal periods | 3 fiscal periods | 3 fiscal periods | 4 fiscal periods |
| PAB | 3 fiscal periods | 3 fiscal periods | 3 fiscal periods | 4 fiscal periods |
| QFNA | 3 fiscal periods | 3 fiscal periods | 3 fiscal periods | 4 fiscal periods |
| PI | 2 months | 3 months | 3 months | 4 months |
Notes on quarterly reporting
Minimum 20 Minute Delay
Intraday High 63.29
Intraday Low 63.00
Volume 5,506,823
Last Trade 63.14
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© 2011 PepsiCo Inc.