Restructuring and Impairment Charges (Tables)

8 Months Ended

Sep. 05, 2020

2019 Productivity Plan [Member]

Restructuring Cost and Reserve [Line Items]

Summary of Productivity Plan Activity [Table Text Block]

The total expected plan pre-tax charges are expected to be incurred by division approximately as follows:

	FLNA		QFNA		PBNA		LatAm		Europe		AMESA		APAC		Corporate
Expected pre-tax charges	11	%	2	%	30	%	10	%	25	%	8	%	5	%	9	%

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

	12 Weeks Ended				36 Weeks Ended
	9/5/2020		9/7/2019		9/5/2020		9/7/2019
Cost of sales	$	1	$	10	$	4	$	100
Selling, general and administrative expenses	59		83		112		182
Other pension and retiree medical benefits expense	1		5		8		—
Total restructuring and impairment charges	$	61	$	98	$	124	$	282
After-tax amount	$	48	$	82	$	101	$	225
Net income attributable to PepsiCo per common share	$	0.03	$	0.06	$	0.07	$	0.16

	12 Weeks Ended				36 Weeks Ended				Plan to Date
	9/5/2020		9/7/2019		9/5/2020		9/7/2019		through 9/5/2020
FLNA	$	2	$	16	$	9	$	22	$	62
QFNA	—		2		1		2		8
PBNA	29		26		32		42		123
LatAm	5		22		14		43		85
Europe	13		15		29		74		134
AMESA	2		5		9		21		50
APAC	1		4		4		41		53
Corporate	8		3		18		37		72
	60		93		116		282		587
Other pension and retiree medical benefits expense	1		5		8		—		45
Total	$	61	$	98	$	124	$	282	$	632

	12 Weeks Ended				36 Weeks Ended				Plan to Date
	9/5/2020		9/7/2019		9/5/2020		9/7/2019		through 9/5/2020
Severance and other employee costs	$	23	$	65	$	47	$	105	$	333
Asset impairments	15		3		20		87		112
Other costs (a)	23		30		57		90		187
Total	$	61	$	98	$	124	$	282	$	632

(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 36 weeks ended September 5, 2020 is as follows:

	Severance and Other Employee Costs		Asset Impairments		Other Costs		Total
Liability as of December 28, 2019	$	128	$	—	$	21	$	149
2020 restructuring charges	47		20		57		124
Cash payments (a)	(92)		—		(74)		(166)
Non-cash charges and translation	(10)		(20)		4		(26)
Liability as of September 5, 2020	$	73	$	—	$	8	$	81

(a)Excludes cash expenditures of $1 million reported in the cash flow statement in pension and retiree medical contributions.