EX-23 11 pepsico201710-kexhibit23.htm CONSENT OF KPMG LLP Exhibit


Consent of Independent Registered Public Accounting Firm

To the Shareholders and Board of Directors
PepsiCo, Inc.:

We consent to the incorporation by reference in the registration statements and Forms listed below of PepsiCo, Inc. and subsidiaries (“PepsiCo, Inc.”) of our report dated February 13, 2018, with respect to the Consolidated Balance Sheets of PepsiCo, Inc. as of December 30, 2017 and December 31, 2016, and the related Consolidated Statements of Income, Comprehensive Income, Cash Flows, and Equity for each of the fiscal years in the three-year period ended December 30, 2017, and the related notes (collectively, the “consolidated financial statements”), and the effectiveness of internal control over financial reporting as of December 30, 2017, which report appears in the December 30, 2017 annual report on Form 10-K of PepsiCo, Inc.

Description, Registration Statement Number
Form S-3
PepsiCo Automatic Shelf Registration Statement, 333-216082
PepsiCo Automatic Shelf Registration Statement, 333-197640
PepsiCo Automatic Shelf Registration Statement, 333-177307
PepsiCo Automatic Shelf Registration Statement, 333-154314
PepsiCo Automatic Shelf Registration Statement, 333-133735
PepsiAmericas, Inc. 2000 Stock Incentive Plan, 333-165176
PBG 2004 Long Term Incentive Plan, PBG 2002 Long Term Incentive Plan, PBG Long Term Incentive Plan, The Pepsi Bottling Group, Inc. 1999 Long Term Incentive Plan and PBG Stock Incentive Plan, 333-165177
Form S-8
The PepsiCo 401(k) Plan for Hourly Employees, 333-76204 and 333-150868
The PepsiCo 401(k) Plan for Salaried Employees, 333-76196 and 333-150867
PepsiCo, Inc. 2007 Long-Term Incentive Plan, 333-142811 and 333-166740
PepsiCo, Inc. 2003 Long-Term Incentive Plan, 333-109509
PepsiCo SharePower Stock Option Plan, 33-29037, 33-35602, 33-42058, 33-51496, 33-54731, 33-66150 and 333-109513
Director Stock Plan, 33-22970 and 333-110030
1979 Incentive Plan and the 1987 Incentive Plan, 33-19539
1994 Long-Term Incentive Plan, 33-54733
PepsiCo, Inc. 1995 Stock Option Incentive Plan, 33-61731, 333-09363 and 333-109514
1979 Incentive Plan, 2-65410
PepsiCo, Inc. Long Term Savings Program, 2-82645, 33-51514 and 33-60965
PepsiCo 401(k) Plan, 333-89265
Retirement Savings and Investment Plan for Union Employees of Tropicana Products, Inc. and Affiliates (Teamster Local Union #173) and the Retirement Savings and Investment Plan for Union Employees of Tropicana Products, Inc. and Affiliates, 333-65992





The Quaker Long Term Incentive Plan of 1990, The Quaker Long Term Incentive Plan of 1999 and The Quaker Oats Company Stock Option Plan for Outside Directors, 333-66632
The Quaker 401(k) Plan for Salaried Employees and The Quaker 401(k) Plan for Hourly Employees, 333-66634
The PepsiCo Share Award Plan, 333-87526
PBG 401(k) Savings Program, PBG 401(k) Program, PepsiAmericas, Inc. Salaried 401(k) Plan and PepsiAmericas, Inc. Hourly 401 (k) Plan, 333-165106
PBG 2004 Long Term Incentive Plan, PBG 2002 Long Term Incentive Plan, PBG Long Term Incentive Plan, The Pepsi Bottling Group, Inc. 1999 Long Term Incentive Plan, PBG Directors’ Stock Plan, PBG Stock Incentive Plan and PepsiAmericas, Inc. 2000 Stock Incentive Plan, 333-165107

/s/ KPMG LLP


New York, New York
February 13, 2018