Accumulated Other Comprehensive Loss Attributable to Pepsico (Tables)

12 Months Ended

Dec. 26, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule Of Accumulated Other Comprehensive Income

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		Other		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 30, 2017 (a)	$	(10,277)	$	47	$	(2,804)	$	(23)	$	(13,057)
Other comprehensive (loss)/income before reclassifications (b)	(1,664)		(61)		(813)		6		(2,532)
Amounts reclassified from accumulated other comprehensive loss	44		111		218		—		373
Net other comprehensive (loss)/income	(1,620)		50		(595)		6		(2,159)
Tax amounts	(21)		(10)		128		—		97
Balance as of December 29, 2018 (a)	(11,918)		87		(3,271)		(17)		(15,119)
Other comprehensive (loss)/income before reclassifications (c)	636		(131)		(89)		(2)		414
Amounts reclassified from accumulated other comprehensive loss	—		14		468		—		482
Net other comprehensive (loss)/income	636		(117)		379		(2)		896
Tax amounts	(8)		27		(96)		—		(77)
Balance as of December 28, 2019 (a)	(11,290)		(3)		(2,988)		(19)		(14,300)
Other comprehensive (loss)/income before reclassifications (d)	(710)		126		(1,141)		(1)		(1,726)
Amounts reclassified from accumulated other comprehensive loss	—		(116)		465		—		349
Net other comprehensive (loss)/income	(710)		10		(676)		(1)		(1,377)
Tax amounts	60		(3)		144		—		201
Balance as of December 26, 2020 (a)	$	(11,940)	$	4	$	(3,520)	$	(20)	$	(15,476)

(a)Pension and retiree medical amounts are net of taxes of $1,338 million as of December 30, 2017, $1,466 million as of December 29, 2018, $1,370 million as of December 28, 2019 and $1,514 million as of December 26, 2020.

(b)Currency translation adjustment primarily reflects the depreciation of the Russian ruble, Canadian dollar, Pound sterling and Brazilian real.

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

(d)Currency translation adjustment primarily reflects the depreciation of the Russian ruble and Mexican peso.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table summarizes the reclassifications from accumulated other comprehensive loss to the income statement:

	Amount Reclassified from Accumulated Other Comprehensive Loss						Affected Line Item in the Income Statement
	2020		2019		2018
Currency translation:
Divestitures	$	—	$	—	$	44	Selling, general and administrative expenses
Cash flow hedges:
Foreign exchange contracts	$	—	$	1	$	(1)	Net revenue
Foreign exchange contracts	(43)		2		(7)		Cost of sales
Interest rate derivatives	(129)		7		119		Net interest expense and other
Commodity contracts	50		3		3		Cost of sales
Commodity contracts	6		1		(3)		Selling, general and administrative expenses
Net (gains)/losses before tax	(116)		14		111
Tax amounts	29		(2)		(27)
Net (gains)/losses after tax	$	(87)	$	12	$	84
Pension and retiree medical items:
Amortization of net prior service credit	$	—	$	(9)	$	(17)	Other pension and retiree medical benefits income/(expense)
Amortization of net losses	238		169		216		Other pension and retiree medical benefits income/(expense)
Settlement/curtailment losses	227		308		19		Other pension and retiree medical benefits income/(expense)
Net losses before tax	465		468		218
Tax amounts	(101)		(102)		(45)
Net losses after tax	$	364	$	366	$	173
Total net losses reclassified for the year, net of tax	$	277	$	378	$	301