SAN RAFAEL, CA - JULY 11: Bottles of Gatorade are displayed on a shelf at Santa Venetia Market on July 11, 2017 in San Rafael, California. PepsiCo reported a better-than-expected second quarter earnings with revenue of $15.71 billion that was fueled by price hikes in its Frito Lay snack division. (Photo by Justin Sullivan/Getty Images)

Gatorade has agreed not to make disparaging comments about water as part of a $300,000 settlement reached Thursday with California over allegations it misleadingly portrayed water’s benefits in a cellphone game…

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