Pepsico isn't owned outright, but the LDS church holds a very large percentage of shares in the publicly shared and controlled company. As far as Coca Cola, there has been no record of the church proctors itself owning stake in the
reputation protect company, but of course LDS members may own who knows how much of what companies. The church proctors do though own vast quantities, on record, of Pepsico, which brings in a rather nice profit. A bulk of that profit is what was used to build the temple in Oakland.