Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 23, 2019

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The changes in the balances of each component of accumulated other comprehensive loss attributable to PepsiCo are as follows:

	Currency Translation Adjustment			Cash Flow Hedges			Pension and Retiree Medical			Available-For-Sale Securities		Other			Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 29, 2018 (a)	$	(11,918	)	$	87		$	(3,271	)	$	2	$	(19	)	$	(15,119	)
Other comprehensive (loss)/income before reclassifications (b)	475			(20		)	(16		)	—		—			439
Amounts reclassified from accumulated other comprehensive loss	—			(15		)	34			—		—			19
Net other comprehensive (loss)/income	475			(35		)	18			—		—			458
Tax amounts	(2		)	8			(1		)	—		—			5
Balance as of March 23, 2019 (a)	$	(11,445	)	$	60		$	(3,254	)	$	2	$	(19	)	$	(14,656	)

(a) Pension and retiree medical amounts are net of taxes of $1,466 million as of December 29, 2018 and $1,465 million as of March 23, 2019.

(b) Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Pound sterling.

	Currency Translation Adjustment			Cash Flow Hedges			Pension and Retiree Medical			Available-For-Sale Securities			Other			Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 30, 2017 (a)	$	(10,277	)	$	47		$	(2,804	)	$	(4	)	$	(19	)	$	(13,057	)
Other comprehensive (loss)/income before reclassifications (b)	288			93			(13		)	(2		)	—			366
Amounts reclassified from accumulated other comprehensive loss	—			(55		)	43			—			—			(12		)
Net other comprehensive (loss)/income	288			38			30			(2		)	—			354
Tax amounts	2			(10		)	(6		)	—			—			(14		)
Balance as of March 24, 2018 (a)	$	(9,987	)	$	75		$	(2,780	)	$	(6	)	$	(19	)	$	(12,717	)

(a) Pension and retiree medical amounts are net of taxes of $1,338 million as of December 30, 2017 and $1,332 million as of March 24, 2018.

(b)

Currency translation adjustment primarily reflects appreciation of the Russian ruble and Mexican peso.

Comprehensive Income (Loss) Note [Text Block]

Accumulated Other Comprehensive Loss Attributable to PepsiCo

The changes in the balances of each component of accumulated other comprehensive loss attributable to PepsiCo are as follows:

	Currency Translation Adjustment			Cash Flow Hedges			Pension and Retiree Medical			Available-For-Sale Securities		Other			Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 29, 2018 (a)	$	(11,918	)	$	87		$	(3,271	)	$	2	$	(19	)	$	(15,119	)
Other comprehensive (loss)/income before reclassifications (b)	475			(20		)	(16		)	—		—			439
Amounts reclassified from accumulated other comprehensive loss	—			(15		)	34			—		—			19
Net other comprehensive (loss)/income	475			(35		)	18			—		—			458
Tax amounts	(2		)	8			(1		)	—		—			5
Balance as of March 23, 2019 (a)	$	(11,445	)	$	60		$	(3,254	)	$	2	$	(19	)	$	(14,656	)

(a) Pension and retiree medical amounts are net of taxes of $1,466 million as of December 29, 2018 and $1,465 million as of March 23, 2019.

(b) Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Pound sterling.

	Currency Translation Adjustment			Cash Flow Hedges			Pension and Retiree Medical			Available-For-Sale Securities			Other			Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 30, 2017 (a)	$	(10,277	)	$	47		$	(2,804	)	$	(4	)	$	(19	)	$	(13,057	)
Other comprehensive (loss)/income before reclassifications (b)	288			93			(13		)	(2		)	—			366
Amounts reclassified from accumulated other comprehensive loss	—			(55		)	43			—			—			(12		)
Net other comprehensive (loss)/income	288			38			30			(2		)	—			354
Tax amounts	2			(10		)	(6		)	—			—			(14		)
Balance as of March 24, 2018 (a)	$	(9,987	)	$	75		$	(2,780	)	$	(6	)	$	(19	)	$	(12,717	)

(a) Pension and retiree medical amounts are net of taxes of $1,338 million as of December 30, 2017 and $1,332 million as of March 24, 2018.

(b) Currency translation adjustment primarily reflects appreciation of the Russian ruble and Mexican peso.

The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:

	12 Weeks Ended
	3/23/2019			3/24/2018			Affected Line Item in the Income Statement
Cash flow hedges:
Foreign exchange contracts	$	(5	)	$	6		Cost of sales
Interest rate derivatives	(11		)	(62		)	Interest expense
Commodity contracts	1			2			Cost of sales
Commodity contracts	—			(1		)	Selling, general and administrative expenses
Net gains before tax	(15		)	(55		)
Tax amounts	4			14
Net gains after tax	$	(11	)	$	(41	)
Pension and retiree medical items:
Amortization of prior service credits	$	(2	)	$	(4	)	Other pension and retiree medical benefits income
Amortization of net losses	36			47			Other pension and retiree medical benefits income
Net losses before tax	34			43
Tax amounts	(7		)	(10		)
Net losses after tax	$	27		$	33
Total net losses/(gains) reclassified, net of tax	$	16		$	(8	)

Reclassifications out of Accumulated Other Comprehensive Loss

The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:

	12 Weeks Ended
	3/23/2019			3/24/2018			Affected Line Item in the Income Statement
Cash flow hedges:
Foreign exchange contracts	$	(5	)	$	6		Cost of sales
Interest rate derivatives	(11		)	(62		)	Interest expense
Commodity contracts	1			2			Cost of sales
Commodity contracts	—			(1		)	Selling, general and administrative expenses
Net gains before tax	(15		)	(55		)
Tax amounts	4			14
Net gains after tax	$	(11	)	$	(41	)
Pension and retiree medical items:
Amortization of prior service credits	$	(2	)	$	(4	)	Other pension and retiree medical benefits income
Amortization of net losses	36			47			Other pension and retiree medical benefits income
Net losses before tax	34			43
Tax amounts	(7		)	(10		)
Net losses after tax	$	27		$	33
Total net losses/(gains) reclassified, net of tax	$	16		$	(8	)