Financial Reporting Problem The Procter & Gamble Company (P&G) The financial sta

Question

Financial Reporting Problem The Procter & Gamble Company (P&G) The financial statements of P&G are presented in Appendix 5B. The company’s complete annual report, including the notes to the financial statements, can be accessed at the book’s companion website, www. wiley.com/college/kieso. http://bcs.wiley.com/he-bcs/Books?action=resource&bcsId=8063&itemId=1118147294&resourceId=31504 Instructions Refer to P&G’s 2011 financial statements and the accompanying notes to answer the following questions. (a) What cash outflow obligations related to the repayment of long-term debt does P&G have over the next 5 years?

Explanation / Answer

Cash outflow obligations related to the repayment of long-term debt does P&G have over the next 5 years = $5095 million

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