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

4,621
—
7,509
Payments of long-term debt
(3,970)
(4,007)
(4,406)
Debt redemption/cash tender and exchange offers
(1,007)
(1,589)
—
Short-term borrowings, by original maturity:
More than three months - proceeds
6
3
91
More than three months - payments
(2)
(17)
(128)
Three months or less, net
(3)
(1,352)
(1,016)
Cash dividends paid
(5,304)
(4,930)
(4,472)
Share repurchases - common
(3,000)
(2,000)
(2,000)
Share repurchases - preferred
—
(2)
(5)
Proceeds from exercises of stock options
329
281
462
Withholding tax payments on restricted stock units (RSUs), performance stock units (PSUs) and 
PepsiCo equity performance units (PEPunits) converted
(114)
(103)
(145)
Other financing
(45)
(53)
(76)
Net Cash Used for Financing Activities
(8,489)
(13,769)
(4,186)
Effect of exchange rate changes on cash and cash equivalents and restricted cash
78
(98)
47
Net (Decrease)/Increase in Cash and Cash Equivalents and Restricted Cash
(5,199)
112
1,488
Cash and Cash Equivalents and Restricted Cash, Beginning of Year
10,769
10,657
9,169
Cash and Cash Equivalents and Restricted Cash, End of Year
$
5,570 $
10,769 $
10,657
See accompanying notes to the consolidated financial statements.

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76
Consolidated Balance Sheet
PepsiCo, Inc. and Subsidiaries
December 28, 2019 and December 29, 2018 
(in millions except per share amounts)