Restructuring and Impairment Charges (Tables)

3 Months Ended

Mar. 23, 2019

Restructuring and Related Activities [Abstract]

Summary of 2019 Productivity Plan [Text Block]

A summary of our 2019 Productivity Plan charges is as follows:

	12 Weeks Ended
	3/23/2019
Cost of sales	$	8
Selling, general and administrative expenses	23
Other pension and retiree medical benefits income	(5		)
Total restructuring and impairment charges	$	26
After-tax amount	$	23
Net income attributable to PepsiCo per common share	$	0.02

	12 Weeks Ended
	3/23/2019			Plan to Date
FLNA	$	—		$	31
QFNA	—			5
PBNA	6			46
LatAm	—			9
ESSA	6			14
AMENA	11			14
Corporate	8			15
	31			134
Other pension and retiree medical benefits (income)/expense (a)	(5		)	30
	$	26		$	164

(a) Income amount represents adjustments for changes in estimates of previously recorded amounts.

	Severance and Other Employee Costs		Asset Impairments		Other Costs(a)		Total
Plan to date	$	134	$	8	$	22	$	164

(a) Includes other costs associated with the implementation of our initiatives, including contract termination costs, consulting and other professional fees.

A summary of our 2019 Productivity Plan activity for the 12 weeks ended March 23, 2019 is as follows:

	Severance and Other Employee Costs			Asset Impairments			Other Costs			Total
Liability as of December 29, 2018	$	105		$	—		$	1		$	106
2019 restructuring charges (a)	(3		)	8			21			26
Cash payments (b)	(7		)	—			(3		)	(10		)
Non-cash charges and translation	6			(8		)	3			1
Liability as of March 23, 2019	$	101		$	—		$	22		$	123

(a) Income amount represents adjustments for changes in estimates of previously recorded amounts.

(b)

Excludes cash expenditures of $2 million reported in the cash flow statement in pension and retiree medical contributions.

Summary Of 2014 Productivity Plan Activity [Table Text Block] [Table Text Block]

A summary of our 2014 Productivity Plan charges is as follows:

	12 Weeks Ended
	3/24/2018
Selling, general and administrative expenses	$	8
Other pension and retiree medical benefits expense	4
Total restructuring and impairment charges	$	12
After-tax amount	$	11
Net income attributable to PepsiCo per common share	$	0.01

	12 Weeks Ended
	3/24/2018
FLNA	$	5
QFNA	1
PBNA	3
LatAm	9
ESSA	4
AMENA	2
Corporate (a)	(12		)
	$	12

(a)

Income amount represents adjustments for changes in estimates of previously recorded amounts.