Current portion of long$-$term debt PepsiCo, Inc. $($PEP$)$ reported the following information about its long$-$term debt in

the notes to a recent financial statement $($in millions$)$: Long$-$term debt consists of the following: Total long term$-$debt

Current portion December $31$ Current Year $$29,148(2,848)$$$26,300$ December $31$ Preceding Year $$28,295(3,953)$

$$24,342$ Long$-$term debt a$.$ How much of the long$-$term debt was disclosed as a current liability on the current

year's December $31$ balance sheet? $ million b$.$ How much did the total current liabilities change between the

preceding year and the current year as a result of the current portion of long$-$term debt? million c$.$ If PepsiCo did not

issue additional long$-$term debt next year, what would be the total long$-$term debt on December $31$ of the upcoming

year? million

$(3)$ Show Transcribed Text