Faster, stronger, better. Annual report 2019 creating more smiles with every sip

2019
2018
2017
Net income
$
7,353 $
12,559 $
4,908
Other comprehensive income/(loss), net of taxes:
Net currency translation adjustment
628
(1,641)
1,109
Net change on cash flow hedges
(90)
40
(36)
Net pension and retiree medical adjustments
283
(467)
(159)
Net change on available-for-sale securities
(2)
6
(68)
Other
—
—
16
819
(2,062)
862
Comprehensive income
8,172
10,497
5,770
Comprehensive income attributable to noncontrolling
interests
(39)
(44)
(51)
Comprehensive Income Attributable to PepsiCo
$
8,133 $
10,453 $
5,719
See accompanying notes to the consolidated financial statements.

---

75
Consolidated Statement of Cash Flows
PepsiCo, Inc. and Subsidiaries
Fiscal years ended December 28, 2019, December 29, 2018 and December 30, 2017 
(in millions)
2019
2018
2017
Operating Activities
Net income
$
7,353 $
12,559 $
4,908
Depreciation and amortization
2,432
2,399
2,369
Share-based compensation expense
237
256
292
Restructuring and impairment charges
370
308
295
Cash payments for restructuring charges
(350)
(255)
(113)
Pension and retiree medical plan expenses
519
221
221
Pension and retiree medical plan contributions
(716)
(1,708)
(220)
Deferred income taxes and other tax charges and credits