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Share-Based Compensation
8 Months Ended
Sep. 08, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Share-Based Compensation
The following table summarizes our total share-based compensation expense:
 
 
12 Weeks Ended
 
36 Weeks Ended
 
 
9/8/2018

 
9/9/2017

 
9/8/2018

 
9/9/2017

Share-based compensation expense - equity awards
 
$
57

 
$
63

 
$
203

 
$
206

Share-based compensation expense - liability awards
 
2

 
3

 
4

 
10

Restructuring and impairment charges
 
(1
)
 
1

 
1

 
3

Total
 
$
58

 
$
67

 
$
208

 
$
219


For the 12 weeks ended September 8, 2018 and September 9, 2017, our grants of stock options, RSUs, PSUs and long-term cash awards were nominal.
The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:
 
36 Weeks Ended
 
9/8/2018
 
9/9/2017
 
Granted(a)
 
Weighted-Average Grant Price
 
Granted(a)
 
Weighted-Average Grant Price
Stock options
1.4

 
$
108.75

 
1.4

 
$
110.04

RSUs and PSUs
2.6

 
$
108.70

 
2.8

 
$
109.84

(a)
In millions. All grant activity is disclosed at target.
We granted long-term cash awards to certain executive officers and other senior executives with an aggregate target value of $21 million and $19 million during the 36 weeks ended September 8, 2018 and September 9, 2017, respectively.
Our weighted-average Black-Scholes fair value assumptions are as follows: 
 
36 Weeks Ended
 
9/8/2018

 
9/9/2017

Expected life
5 years

 
5 years

Risk-free interest rate
2.6
%
 
2.0
%
Expected volatility
12
%
 
11
%
Expected dividend yield
2.7
%
 
2.7
%