<ARTICLE> 5 <LEGEND> This Schedule Contains Summary Financial Information Extracted from PepsiCo, Inc. and Subsidiaries Condensed Consolidated Financial Statements for the 12 Weeks Ended March 22, 1997 and is Qualified in its Entirety by Reference to such Financial Statements. <CIK> 0000077476 <NAME> PepsiCo, Inc. <MULTIPLIER> 1,000,000 <FISCAL-YEAR-END> Dec-27-1997 <PERIOD-END> Mar-22-1997 <PERIOD-TYPE> 3-MOS <CASH> 322 <SECURITIES> 250 <RECEIVABLES> 2,252 <ALLOWANCES> 154 <INVENTORY> 826 <CURRENT-ASSETS> 3,816 <PP&E> 11,019 <DEPRECIATION> 4,909 <TOTAL-ASSETS> 21,818 <CURRENT-LIABILITIES> 4,028 <BONDS> 7,696 <COMMON> 29 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 6,463 <TOTAL-LIABILITY-AND-EQUITY> 21,818 <SALES> 4,213 <TOTAL-REVENUES> 4,213 <CGS> 1,721 <TOTAL-COSTS> 1,721 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 10 <INTEREST-EXPENSE> 115 <INCOME-PRETAX> 478 <INCOME-TAX> 160 <INCOME-CONTINUING> 318 <DISCONTINUED> 109 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 427 <EPS-PRIMARY> 0.28 <EPS-DILUTED> 0.27