EXHIBIT 21 ACTIVE SUBSIDIARIES OF PEPSICO, INC. DECEMBER 31, 1994 State or Country of Subsidiary Incorporation A & M Food Services, Inc. Nevada El KrAm, Inc. Iowa Pizza Huts of the Northwest, Inc. Minnesota Ainwick Corporation Oregon Anderson Hill Insurance Limited Bermuda Atlantic Soft Drink Company, Inc. South Carolina Atlantic Soft Drink Company of Knoxville Tennessee Waycross Pepsi-Cola Bottling Co., Inc. Georgia Beaman Bottling Company Tennessee Beverages, Foods & Service Industries, Inc. Delaware Chevys, Inc. California Chevys, Inc. Delaware Chevys Inc., Las Vegas Nevada CPK Acquisition Corp. California California Pizza Kitchen, Inc. California California Pizza Kitchen of Delaware, Inc. Delaware California Pizza Kitchen of Illinois Illinois California Pizza Kitchen of Scottsdale, Inc. Arizona California Pizza Kitchen of Tyson's Corner Virginia Davlyn Realty Corporation Delaware East Kentucky Beverage Company, Inc. Kentucky Equity Beverage, Inc. Delaware Hostess-FL NRO Ltd. Canada Hot 'n Now, Inc. Michigan Burger One Inc. Michigan HNN, Inc. Delaware Japan Frito-Lay Ltd. Japan Kentucky Fried Chicken of California, Inc. Delaware Kentucky Fried Chicken of Southern California, Inc. California National Beverages, Inc. Florida North Pacific Territories Holding Company Washington Alpac Corporation Washington Gamble, Inc. Oregon MBA Western Co. Delaware Western Bottling Company, Inc. Washington Mann Bottling Company, Inc. Idaho Pepsi Cola Bottling Company of Everett, Inc. Washington Pepsi-Cola Bottling Company of Alaska, Inc. Alaska PepsiCo Capital Corporation N.V. Neth. Antilles Kentucky Fried Chicken Corporate Holdings, Ltd. Delaware Kentucky Fried Chicken International Holdings, Inc. Delaware PepsiCo Puerto Rico, Inc. Delaware PRS, Inc. Delaware PEI N.V. Neth. Antilles Seven-Up Nederland B.V. Netherlands PepsiCo IVI S.A. Greece Pepsi-Cola International (PVT) Limited Pakistan Pepsi-Cola Mamulleri Limited Sirketi Turkey Pizza Gida Isletmeleri Turkey KFC Canada (NRO) Ltd. Canada PepsiCo Finance (Antilles A) N.V. Neth. Antilles Pepsi-Cola Canada (NRO) Ltd. Canada Pepsi-Cola Canada, Ltd. Canada PepsiCo Finance (Antilles B) N.V. Neth. Antilles Pepsi-Cola France SNC France Pepsi-Cola G.m.b.H. Germany Florida Int'l. Fruchtsaftgetraenke G.m.b.H. Germany Pizza Hut Restauration G.m.b.H. & Co. K.G. Germany Pepsi-Cola Argentina, S.A.C.I. Argentina Inversiones PFI Chile Limitada Chile Evercrisp Snack Products de Chile S.A. Chile Pepsi Snacks Argentina S.A. Argentina PepsiCo China, Ltd. China PepsiCo Holdings Ltd. England Kentucky Fried Chicken (Great Britain) Limited England PepsiCo International Ltd. England PepsiCo Property Management Limited England PepsiCo World Trading Company (UK) Ltd. England Pizza Hut International (England) Ltd. England Pizza Hut (UK) Ltd. England Smiths Crisps Limited England Walkers Smiths Snack Foods Limited England Crispflow Limited England Frito-Lay Holdings Limited England PFI Agriculture Europe Ltd. England PepsiCo Overseas Corp. Delaware PepsiCo Overseas Finance N.V. Neth. Antilles PepsiCo Services Corp. Delaware PepsiCo World Trading Company, Inc. Delaware Pepsi-Cola (Bermuda) Limited Bermuda The Concentrate Manufacturing Company of Ireland Ireland Seven-Up Ireland Limited Ireland Pepsi-Cola Manufacturing (Ireland) Ireland PARCO N.V. Neth. Antilles Paine Corporation N.V. Neth. Antilles Paige N.V. Neth. Antilles PepsiCo Finance (U.K.) Limited England Pizza Belgium S.A. Belgium E Wedel S.A. Poland PepsiCo (Ireland) Limited Ireland Pepsi-Cola Bottling Company of Los Angeles California Channel Island Beverage Co., Inc. California Pepsi-Cola Commodities, Inc. Delaware Pepsi-Cola de Espana, S.A. Spain Compania de Bebides PepsiCo, S.A. Spain Kas S.A. Spain Pizza Hut de Espana S.A. Spain Snack Vendures Europe S.C.A. Europe Pepsi-Cola de France S.A.R.L. France Pepsi-Cola Equipment Corp. New York Pepsi-Cola Far East Trade Development Co., Inc. Philippines Pepsi-Cola Interamericana de Guatemala S.A. Guatemala Pepsi-Cola International Limited Bermuda Pepsi-Cola International Limited (U.S.A.) Delaware Pepsi-Cola Metropolitan Bottling Company, Inc. New Jersey General Cinema Beverages, Inc. Delaware Laurel Group Limited Pennsylvania New Century Beverage Company California Belfast Bottling Co. of Reno Nevada Pepsi-Cola Alton Bottling, Inc. Illinois Pepsi-Cola Mediterranean, Ltd. Delaware Seven-Up International, Inc. Delaware Seven-Up Southern Hemisphere, Inc. Missouri Pepsi-Cola Mexicana S.A. de C.V. Mexico Pepsi-Cola Panamericana, S.A. Delaware Pepsi-Cola Personnel, Inc. Delaware Pepsi Cola San Joaquin Bottling Company Delaware Pizza Hut, Inc. Delaware PepsiCo Australia Pty., Ltd. Australia Pizza Hut Properties Pty. Ltd. Australia Pizza Hut of America, Inc. Delaware Bell Taco Funding Syndicate Australia PGCC, Inc. Delaware General Cinema Beverages of Akron, Inc. Delaware General Cinema Beverages of Dayton, Inc. Delaware General Cinema Beverages of Ohio, Inc. Delaware General Cinema Beverages of Springfield, Inc. Delaware General Cinema Beverages of Youngstown, Inc. Delaware Pizza Management, Inc. Texas Pizza Management de Espana, S.A. Spain Restaurant Associates, S.A. Spain Recot, Inc. Delaware Frito-Lay, Inc. Delaware FL Holding, Inc. Delaware Opco Holding Inc. Delaware Pepsi-Cola Operating Company of Chesapeake and Indianapolis Delaware TGCC, Inc. Delaware General Cinema Beverages of Ft. Myers, Inc. Delaware General Cinema Beverages of Georgia, Inc. Delaware General Cinema Beverages of Indiana, Inc. Delaware General Cinema Beverages of Miami, Inc. Delaware General Cinema Beverages of North Florida, Inc. Delaware General Cinema Beverages of Virginia, Inc. Delaware General Cinema Beverages of Washington, D.C., Inc. Delaware General Cinema Beverages of West Virginia, Inc. Delaware Midland Bottling Co. Delaware MBA Brainerd Co. Delaware Brainerd-Wadena Beverage Company Minnesota MBA Dodge City Co. Delaware Pepsi-Cola Bottling Company of Dodge City, Inc. Minnesota MBA Elko Co. Delaware Elko Bottling Co. Nevada MBA Grand Island Co. Delaware Pepsi-Cola Bottling Company of Grand Island Nebraska MBA Grand Rapids Co. Delaware Iron Range Bottling Co., Inc. Minnesota MBA Jackson Co. Delaware Jackson David Bottling Co. Colorado MBA Lyons Co. Delaware Pepsi-Cola Bottling Company of Lyons, Inc. Minnesota MBA Mesa Co. Delaware Mesa Beverage Company Colorado MBA Omaha Co. Delaware Pepsi-Cola Bottling Company of Omaha, Inc. Nebraska MBA Recyclers Co. Delaware Contract Recyclers, Inc. Minnesota MBA Salt Lake Co. Delaware Pepsi-Cola Bottling Company of Salt Lake City, Inc. Minnesota MBA St. Louis Co. Delaware Pepsi-Cola Bottling Company of St. Louis, Inc. Missouri Edmund Industrial Redevelopment Corporation Missouri MBA St. Paul Co. Delaware Pepsi-Cola Bottling Company of Minneapolis and St. Paul Minnesota Contract Beverages, Inc. Minnesota MBA Tulsa Beverage Co. Delaware Beverage Products Corporation Oklahoma MBA Wichita Co. Delaware Pepsi-Cola Bottling Company of Wichita, Inc. Minnesota Pepsi-Cola Bottling Company of Tampa Florida NKFC, Inc. Delaware QSR, Inc. Delaware KFC Enterprises, Inc. Delaware Kentucky Fried Chicken Corporation Delaware KFC Corporation Delaware General Cinema Beverages of California, Inc. Delaware General Cinema Beverages of North Carolina, Inc. Delaware KFC National Management Company Delaware Smartfoods, Inc. Delaware Redux Realty, Inc. Delaware Rice Bottling Enterprises, Inc. Tennessee Sabritas, S.A. de C.V. Mexico Empresas Gamesa, S.A. de C.V. Mexico Groupo Gamesa, S.A. de C.V. Mexico Shelbyville Bottling Company, Inc. Tennessee Taco Bell Corp. California Calny, Inc. Delaware Taco Bell of California, Inc. California Taco Bell Royalty Company California Taco Del Sur, Inc. Georgia Tenga Taco, Inc. Florida Taco Enterprises, Inc. Michigan TBLD Corp. California TFL Holdings, Inc. Delaware Upper Midwest Pizza Hut, Inc. Delaware Von Karman Leasing Corp. Delaware Wilson International Sales Corporation Delaware Omitted from the above list are approximately 340 insignificant or inactive subsidiaries which, if considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary. The list also excludes approximately 100 subsidiaries of Pizza Hut, Inc., of which 80 operate restaurants in the U.S., and approximately 40 subsidiaries of Kentucky Fried Chicken Corporation and Kentucky Fried Chicken Corporate Holdings, Ltd., which operate restaurants outside of the U.S.