It was chaotic. Then once we got back to that, then inflation as a consequence of that obviously took over. We had to absorb tens of billions of inflation in our company in two years. This is unusual. It's the first time we had to do that. We've done it with a lot of productivity in our business, but also we had to be smart … (03:23–03:29)
CLAIM
Asserts that PepsiCo absorbed tens of billions in inflation costs over two years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
