PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt is comprised of the following:   December 31   Current Year Preceding Year Total long term-debt $32,248    $37,816    Less current portion (3,953)   (4,020)   Long-term debt $28,295    $33,796    Enter your answers in millions. a.  How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet? $ b.  How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt? $   c.  If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?

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Current Portion of Long-Term Debt

PepsiCo, Inc., reported the following information about its long-term debt in the notes to a recent financial statement (in millions):

Long-term debt is comprised of the following:

  December 31
  Current Year Preceding Year
Total long term-debt $32,248    $37,816   
Less current portion (3,953)   (4,020)  
Long-term debt $28,295    $33,796   

Enter your answers in millions.

a.  How much of the long-term debt was disclosed as a current liability on the current year's December 31 balance sheet?
$

b.  How much did the total current liabilities change between the preceding year and the current year as a result of the current portion of long-term debt?
$  

c.  If PepsiCo did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?
$

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