PepsiCo (PEP) 8-K Other Events

Exhibit 99.2

PepsiCo, Inc. and Subsidiaries

Schedule of Reclassified Operating Segment Data – Comparison of Core Results^(a)

Supplemental Financial Information

(dollars in millions and unaudited)

	Full Year			First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Full Year			%D over PY
	2007			2008			2008			2008			2008			2008
Net Revenue
PepsiCo Americas Foods
Frito-Lay North America	$	11,586		$	2,730		$	2,950		$	3,057		$	3,770		$	12,507		8	%
Quaker Foods North America		1,860			495			406			391			610			1,902		2	%
Latin America Foods		4,872			971			1,523			1,544			1,857			5,895		21	%
Total PAF	$	18,318		$	4,196		$	4,879		$	4,992		$	6,237		$	20,304		11	%
PepsiCo Americas Beverages	$	11,090		$	2,360		$	2,880		$	2,923		$	2,774		$	10,937		(1	)%
PepsiCo International
Europe		5,896			984			1,837			1,913			2,157			6,891		17	%
Asia, Middle East & Africa		4,170			793			1,349			1,416			1,561			5,119		23	%
Total PI	$	10,066		$	1,777		$	3,186		$	3,329		$	3,718		$	12,010		19	%
Total Net Revenue	$	39,474		$	8,333		$	10,945		$	11,244		$	12,729		$	43,251		10	%
Operating Profit(a)
PepsiCo Americas Foods
Frito-Lay North America	$	2,873		$	633		$	735		$	785		$	914		$	3,067		7	%
Quaker Foods North America		568			166			122			134			191			613		8	%
Latin America Foods		753			167			254			225			291			937		24	%
Total PAF	$	4,194		$	966		$	1,111		$	1,144		$	1,396		$	4,617		10	%
PepsiCo Americas Beverages	$	2,499		$	504		$	681		$	662		$	468		$	2,315		(7	)%
PepsiCo International
Europe		864			119			283			314			244			960		11	%
Asia, Middle East & Africa(b)		468			122			212			192			57			583		25	%
Total PI	$	1,332		$	241		$	495		$	506		$	301		$	1,543		16	%
Corporate		(772	)		(154	)		(163	)		(152	)		(182	)		(651	)	(16	)%
Total Operating Profit(a)	$	7,253		$	1,557		$	2,124		$	2,160		$	1,983		$	7,824		8	%

^(a) Core results are non-GAAP financial measures that exclude the mark-to-market net impact on commodity hedges recorded in 2008 and 2007 and the impact of restructuring and impairment charges recorded in 2008 and 2007 (including, for 2008, charges associated with our Productivity for Growth initiatives). See Exhibit 99.3 and the “Results of Operations - Division Review” within “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Exhibit 99.4 for a discussion of these items and reconciliations to the most directly comparable financial measures in accordance with GAAP.

^(b) Full-year 2008 and 2007 includes $24 million and $12 million, respectively, of minority interest that will be reclassified on a retrospective basis below net income upon adoption of Statement of Financial Accounting Standards No. 160,Noncontrolling Interests in Consolidated Financial Statements, an Amendment of ARB No. 51, in the first quarter of 2009. The 2008 quarterly impact is as follows: $4 million in the first quarter, $6 million in the second quarter and $7 million in both the third and fourth quarters.