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 composed of the following:   December 31   Current Year Preceding Year Total long term-debt $27,917   $26,557   Current portion (4,096)   (2,224)   Long-term debt $23,821   $24,333     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?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
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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 composed of the following:

  December 31
  Current Year Preceding Year
Total long term-debt $27,917   $26,557  
Current portion (4,096)   (2,224)  
Long-term debt $23,821   $24,333  

 

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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