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18	18
19	19	= Recent Developments =
20	20
21		-PepsiCo Introduces New Packaging Goal, Doubling Down On Scaling Reusable Packaging Options{{footnote}}https://www.pepsico.com/our-stories/press-release/pepsico-introduces-new-packaging-goal-doubling-down-on-scaling-reusable-packagin12052022{{/footnote}}
	21	+**PepsiCo Introduces New Packaging Goal, Doubling Down On Scaling Reusable Packaging Options**{{footnote}}https://www.pepsico.com/our-stories/press-release/pepsico-introduces-new-packaging-goal-doubling-down-on-scaling-reusable-packagin12052022{{/footnote}}
22	22
23	23
24	24	Dec. 5, 2022; PepsiCo announced a global packaging goal intended to double the percentage of all beverage servings it sells delivered through reusable models from 10 to 20 percent by 2030.  This ambition is part of PepsiCo Positive (pep+), the company's strategic, end-to-end business transformation that puts sustainability and people at the center of how the company will create growth and value.
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29	29
30	30	[[image:PEP1.jpg]]
31	31
	32	+{{putFootnotes/}}
32	32
33	33	= Financial Highlights =
34	34
...	...	@@ -237,29 +237,23 @@
237	237	PepsiCo Inc was incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986.{{footnote}}http://www.pepsicoindia.co.in/company/global/Our-History{{/footnote}}
238	238
239	239
240		-(% style="width:1087px" %)
241		-(% class="info" %)|Year|(% style="width:1034px" %)Milestone
242		-|1965|(% style="width:1034px" %)(((
243		-Pepsi-Cola CEO Don Kendall and Frito-Lay CEO Herman
244		-
245		-Lay sketch out a deal on the back of a napkin and
246		-
247		-agree to combine their companies. Modern-day
248		-
249		-PepsiCo is born.
	241	+(% style="width:1162px" %)
	242	+(% class="info" %)|Year|(% style="width:1101px" %)Milestone
	243	+|1965|(% style="width:1101px" %)(((
	244	+Pepsi-Cola CEO Don Kendall and Frito-Lay CEO Herman Lay sketch out a deal on the back of a napkin and agree to combine their companies. Modern-day PepsiCo is born.
250	250	)))
251		-|1965|(% style="width:1034px" %)PepsiCo Listed on NYSE
252		-|1966|(% style="width:1034px" %)Doritos brand tortilla chips are introduced. They are destined to become the most popular snack chip in the United States.
253		-|1970|(% style="width:1034px" %)PepsiCo moves from New York City to its new world headquarters in Purchase, N.Y.
254		-|1974|(% style="width:1034px" %)Pepsi-Cola becomes the first American consumer product to be produced, marketed and sold in the former Soviet Union.
255		-|1977|(% style="width:1034px" %)PepsiCo acquires Pizza Hut, Inc.
256		-|1978|(% style="width:1034px" %)PepsiCo acquires Taco Bell.
257		-|1982|(% style="width:1034px" %)(((
	246	+|1965|(% style="width:1101px" %)PepsiCo Listed on NYSE
	247	+|1966|(% style="width:1101px" %)Doritos brand tortilla chips are introduced. They are destined to become the most popular snack chip in the United States.
	248	+|1970|(% style="width:1101px" %)PepsiCo moves from New York City to its new world headquarters in Purchase, N.Y.
	249	+|1974|(% style="width:1101px" %)Pepsi-Cola becomes the first American consumer product to be produced, marketed and sold in the former Soviet Union.
	250	+|1977|(% style="width:1101px" %)PepsiCo acquires Pizza Hut, Inc.
	251	+|1978|(% style="width:1101px" %)PepsiCo acquires Taco Bell.
	252	+|1982|(% style="width:1101px" %)(((
258	258	Pepsi Free and Diet Pepsi Free, the first major brand caffeine-free colas, are introduced.
259	259
260	260	Inauguration of the first Pepsi-Cola operation in China.
261	261	)))
262		-|1986|(% style="width:1034px" %)(((
	257	+|1986|(% style="width:1101px" %)(((
263	263	PepsiCo is listed on the Tokyo stock exchange.
264	264
265	265	Pepsi-Cola acquires Mug Root Beer.
...	...	@@ -268,25 +268,25 @@
268	268
269	269	7-Up International Acquired
270	270	)))
271		-|1989|(% style="width:1034px" %)(((
	266	+|1989|(% style="width:1101px" %)(((
272	272	PepsiCo acquires Walkers Crisps and Smith Crisps, two of the United Kingdom's leading snack food companies.
273	273
274	274	PepsiCo enters the top 25 of the Fortune 500 ranking.
275	275	)))
276		-|1990|(% style="width:1034px" %)(((
	271	+|1990|(% style="width:1101px" %)(((
277	277	PepsiCo acquires a controlling interest in Gamesa, Mexico's largest cookie company.
278	278
279	279	PepsiCo signs the largest commercial trade agreement in history with the Soviet Union.
280	280	)))
281		-|1991|(% style="width:1034px" %)(((
	276	+|1991|(% style="width:1101px" %)(((
282	282	Pepsi-Cola forms a joint venture with Unilever to develop and market tea-based drinks.
283	283
284	284	Ray Charles teams up with the Uh-Huh Girls. The slogan for Diet Pepsi is modified to "You Got the Right One Baby, Uh-Huh!"
285	285	)))
286		-|1992|(% style="width:1034px" %)Aquafina Acquired
287		-|1994|(% style="width:1034px" %)PepsiCo and Starbucks form the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.
288		-|1995|(% style="width:1034px" %)PepsiCo will introduce Lay's brand potato chips in 20 markets throughout the world.
289		-|1997|(% style="width:1034px" %)(((
	281	+|1992|(% style="width:1101px" %)Aquafina Acquired
	282	+|1994|(% style="width:1101px" %)PepsiCo and Starbucks form the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.
	283	+|1995|(% style="width:1101px" %)PepsiCo will introduce Lay's brand potato chips in 20 markets throughout the world.
	284	+|1997|(% style="width:1101px" %)(((
290	290	Frito-Lay announces plans to buy the 104-year-old snack Cracker Jack.
291	291
292	292	Aquafina bottled water is rolled-out nationally.
...	...	@@ -293,17 +293,15 @@
293	293
294	294	PepsiCo spins off Kentucky Fried Chicken, Pizza Hut and Taco Bell as Tricon Global Restaurants, Inc.
295	295	)))
296		-|1998|(% style="width:1034px" %)(((
	291	+|1998|(% style="width:1101px" %)(((
297	297	PepsiCo acquires Tropicana Products from Seagram Company Ltd., the biggest acquisition ever undertaken by PepsiCo.
298	298
299	299	Frito-Lay becomes the snack chip leader in South and Central America as it enters a joint venture with Empreseas Polar SA of Venezuela.
300		-
301		-The Pepsi-Cola Company celebrates its 100th anniversary
302	302	)))
303		-|1999|(% style="width:1034px" %)Tropicana juices enter the India market for the first time.
304		-|2000|(% style="width:1034px" %)PepsiCo, Inc. reaches agreement to acquire a majority stake in South Beach Beverage Company, whose highly innovative SoBe brand has made it one of industry's most successful companies.
305		-|2001|(% style="width:1034px" %)PepsiCo merges with The Quaker Oats Company.
306		-|2006|(% style="width:1034px" %)(((
	296	+|1999|(% style="width:1101px" %)Tropicana juices enter the India market for the first time.
	297	+|2000|(% style="width:1101px" %)PepsiCo, Inc. reaches agreement to acquire a majority stake in South Beach Beverage Company, whose highly innovative SoBe brand has made it one of industry's most successful companies.
	298	+|2001|(% style="width:1101px" %)PepsiCo merges with The Quaker Oats Company.
	299	+|2006|(% style="width:1101px" %)(((
307	307	Pepsi acquires IZZE Beverage Company.
308	308
309	309	PepsiCo announced its intent to acquire Naked Juice Company and the New Zealand snack company Bluebird Foods.
...	...	@@ -310,13 +310,13 @@
310	310
311	311	PepsiCo completes the acquisition of Stacy's Pita Chip Co.
312	312	)))
313		-|2007|(% style="width:1034px" %)(((
	306	+|2007|(% style="width:1101px" %)(((
314	314	PepsiCo and Pepsi Americas jointly acquire Sandora, a leading juice company in Ukraine.
315	315
316	316	Lebedyansky Acquired
317	317	)))
318		-|2009|(% style="width:1034px" %)PepsiCo and Calbee Foods Company announce a strategic alliance to make and sell a wide range of food products in Japan.
319		-|2010|(% style="width:1034px" %)(((
	311	+|2009|(% style="width:1101px" %)PepsiCo and Calbee Foods Company announce a strategic alliance to make and sell a wide range of food products in Japan.
	312	+|2010|(% style="width:1101px" %)(((
320	320	PepsiCo completed the acquisition of The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc., its two largest anchor bottlers.
321	321
322	322	PepsiCo announces its intent to acquire Russia's Wimm-Bill-Dann, Russia's leading branded food-and-beverage company.
...	...	@@ -323,7 +323,7 @@
323	323
324	324	AMP Energy Juice launches across the United States.
325	325	)))
326		-|2011|(% style="width:1034px" %)(((
	319	+|2011|(% style="width:1101px" %)(((
327	327	PepsiCo and Tingyi Holding, one of the major food and beverage companies in China, announce an agreement to form a strategic alliance in China.
328	328
329	329	PepsiCo acquires Mabel, a leading producer of cookies, crackers and snacks in Brazil.
...	...	@@ -330,10 +330,10 @@
330	330
331	331	Wimm-Bill-Dann Acquired
332	332	)))
333		-|2013|(% style="width:1034px" %)Frito-Lay unveils its first compressed natural gas (CNG) fueling station.
334		-|2014|(% style="width:1034px" %)Pepsi introduces Pepsi Spire, a portfolio of innovative fountain beverage dispensers. Consumers can create more than 1,000 customized beverages with the touch of a button.
335		-|2016|(% style="width:1034px" %)Kevita Acquired
336		-|2018|(% style="width:1034px" %)(((
	326	+|2013|(% style="width:1101px" %)Frito-Lay unveils its first compressed natural gas (CNG) fueling station.
	327	+|2014|(% style="width:1101px" %)Pepsi introduces Pepsi Spire, a portfolio of innovative fountain beverage dispensers. Consumers can create more than 1,000 customized beverages with the touch of a button.
	328	+|2016|(% style="width:1101px" %)Kevita Acquired
	329	+|2018|(% style="width:1101px" %)(((
337	337	Bare Snacks Acquired
338	338
339	339	Health Warrior Acquired
...	...	@@ -340,15 +340,14 @@
340	340
341	341	Soda Stream Acquired
342	342	)))
343		-|2019|(% style="width:1034px" %)(((
	336	+|2019|(% style="width:1101px" %)(((
344	344	Muscle Milk Acquired
345	345
346	346	Agreement to Buy Pineeer Foods
347	347	)))
348		-|2020|(% style="width:1034px" %)Agreement to Buy BFY Brands, the maker of PopCorners Snacks
349		-|2022|(% style="width:1034px" %)Nitro Pepsi Launches
	341	+|2020|(% style="width:1101px" %)Agreement to Buy BFY Brands, the maker of PopCorners Snacks
	342	+|2022|(% style="width:1101px" %)Nitro Pepsi Launches
350	350
351		-
352	352	= References =
353	353
354	354	{{putFootnotes/}}