PepsiCo Reports 5 Percent Q3 Net Revenue Decline
date:Oct 18, 2012
se was $181 million and included $24 million in mark-to-market gains on investments related to deferred compensation liabilities. There is a corresponding offset to these gains within selling, general and administrative expense resulting in no net benefit to earnings.

The companys reported effective tax rate was 27 percent. The companys core effective tax rate was 26.3 percent, 90 basis points above the prior year quarter due to an adjustment to international deferred taxes, partially
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