PepsiCo Inc., Purchase, N.Y., plans to make about $170 million in pension contributions in 2015, said the company’s 10-K, released Thursday.
Pepsi contributed $591 million to its pension funds in 2014 according to the 10-K.
As of Dec. 31, the U.S. pension fund assets totaled $12.64 billion, while international plan assets were $3 billion.
The target allocation for its U.S. pension funds is 40% fixed income; 33% domestic equity; 22% global equity and 5% real estate, the 10-K said.
The long-term rate of return on U.S. pension fund assets is expected to be 7.5% for 2015 and 2014, according to the 10-K.
Pepsi has another $7.61 billion in defined contribution assets.