Stock-Based Compensation (Tables)

6 Months Ended

Jun. 15, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The following table summarizes our total share-based compensation expense:

	12 Weeks Ended					24 Weeks Ended
	6/15/2019		6/16/2018			6/15/2019		6/16/2018
Share-based compensation expense - equity awards	$	61	$	66		$	118	$	146
Share-based compensation expense - liability awards	3		(4		)	4		2
Restructuring charges	1		(1		)	1		2
Total	$	65	$	61		$	123	$	150

Schedule of Share-based Payment Award, PepsiCo, Inc. Long-Term Incentive Plan

The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:

	24 Weeks Ended
	6/15/2019			6/16/2018
	Granted(a)	Weighted-Average Grant Price		Granted(a)	Weighted-Average Grant Price
Stock options	1.1	$	116.00	1.2	$	108.75
RSUs and PSUs	2.7	$	116.03	2.6	$	108.70

(a)

In millions. All grant activity is disclosed at target.

Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions

Our weighted-average Black-Scholes fair value assumptions are as follows: 

	24 Weeks Ended
	6/15/2019		6/16/2018
Expected life	5 years		5 years
Risk-free interest rate	2.6	%	2.6	%
Expected volatility	14	%	12	%
Expected dividend yield	3.1	%	2.7	%