Intangible Assets (Tables)

8 Months Ended

Sep. 05, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

A summary of our amortizable intangible assets is as follows:

	9/5/2020						12/28/2019
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights	$	845	$	(167)	$	678	$	846	$	(158)	$	688
Reacquired franchise rights	106		(106)		—		106		(105)		1
Brands	1,317		(1,082)		235		1,326		(1,066)		260
Other identifiable intangibles (a)	941		(339)		602		810		(326)		484
Total	$	3,209	$	(1,694)	$	1,515	$	3,088	$	(1,655)	$	1,433

(a)The change in other identifiable intangibles primarily reflects our acquisitions of Pioneer Foods and Hangzhou Haomusi Food Co., Ltd. (Be & Cheery).

Schedule Of Change In Book Value Of Nonamortizable Intangible Assets

The change in the book value of indefinite-lived intangible assets is as follows:

	Balance 12/28/2019		Acquisitions		Translation and Other		Balance 9/5/2020
FLNA (a)
Goodwill	$	299	$	163	$	—	$	462
Brands	162		179		(1)		340
Total	461		342		(1)		802
QFNA
Goodwill	189		—		—		189
Brands	11		—		—		11
Total	200		—		—		200
PBNA (b)
Goodwill	9,898		2,241		—		12,139
Reacquired franchise rights	7,089		—		—		7,089
Acquired franchise rights	1,517		142		—		1,659
Brands (c)	763		2,400		(41)		3,122
Total	19,267		4,783		(41)		24,009
LatAm
Goodwill	501		—		(57)		444
Brands	125		—		(21)		104
Total	626		—		(78)		548
Europe (d)
Goodwill	3,961		16		(175)		3,802
Reacquired franchise rights	505		—		(10)		495
Acquired franchise rights	157		—		10		167
Brands	4,181		—		(135)		4,046
Total	8,804		16		(310)		8,510
AMESA (e)
Goodwill	446		521		24		991
Brands	—		208		11		219
Total	446		729		35		1,210
APAC (f)
Goodwill	207		357		12		576
Brands	100		307		12		419
Total	307		664		24		995
Total goodwill	15,501		3,298		(196)		18,603
Total reacquired franchise rights	7,594		—		(10)		7,584
Total acquired franchise rights	1,674		142		10		1,826
Total brands	5,342		3,094		(175)		8,261
Total	$	30,111	$	6,534	$	(371)	$	36,274

(a)The change in acquisitions primarily reflects our acquisition of BFY Brands, Inc. (BFY Brands).

(b)The change in acquisitions primarily reflects our acquisition of Rockstar Energy Beverages (Rockstar).

(c)In the 12 and 36 weeks ended September 5, 2020, we recorded an impairment charge of $41 million related to a coconut water brand.

(d)The change in translation and other primarily reflects the depreciation of the Russian ruble.

(e)The change in acquisitions primarily reflects our acquisition of Pioneer Foods.

(f)The change in acquisitions primarily reflects our acquisition of Be & Cheery.