coke was mixed by a north carolina pharmacist, originally. now its home is in new york.al sales worth more than $66 billion, bankrupt twice in the 20th century, the company merged with frito lay in 1965 and became pepsico owning brands like 7-up. gatorade and tropicana. it drove pepsi's market past coke for the first time and remains there today. >> let's turn to caroline levy for her play by play on the two. she is the managing director after cfl america. so caroline, sticking with this sports lingo, you're saying on the field pepsi out-runs, out-scores coke. tell us the key reason why? >> well, really it is not because coke is not the stronger player in beverages, they definitely are particularly on a global stage. coke and pepsi are more neck and neck in the u.s., but coke is the clear winner in beverages, however, more than half of the earnings come from snacks, from a stock perspective we find pepsi more interesting. >> do you think it may ultimately be split into various divisions of food and beverage? >> i actually did, in 2009 we urged that it should split. and n