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Restructuring and Impairment Charges Restructuring and Impairment Charges (Notes)
 6 Months Ended
Jun. 12, 2021
Restructuring and Related Activities [Abstract]  
Restructuring, Impairment, and Other Activities Disclosure [Text Block] Restructuring and Impairment Charges
2019 Multi-Year Productivity Plan
We publicly announced a multi-year productivity plan on February 15, 2019 (2019 Productivity Plan) that will leverage new technology and business models to further simplify, harmonize and automate processes; re-engineer our go-to-market and information systems, including deploying the right automation for each market; and simplify our organization and optimize our manufacturing and supply chain footprint. To build on the successful implementation of the 2019 Productivity Plan to date, we expanded and extended the plan through the end of 2026 to take advantage of additional opportunities within the initiatives described above. We now expect to incur pre-tax charges of approximately $3.15 billion, including cash expenditures of approximately $2.4 billion, as compared to our previous estimate of pre-tax charges of approximately $2.5 billion, which included cash expenditures of approximately $1.6 billion. These pre-tax charges are expected to consist of approximately 65% of severance and other employee-related costs, 10% for asset impairments (all non-cash) resulting from plant closures and related actions, and 25% for other costs associated with the implementation of our initiatives.
The total expected plan pre-tax charges are expected to be incurred by division approximately as follows:
FLNAQFNAPBNALatAmEuropeAMESAAPACCorporate
Expected pre-tax charges15 %1 %25 %10 %30 %5 %3 %11 %
A summary of our 2019 Productivity Plan charges is as follows:
12 Weeks Ended24 Weeks Ended
6/12/20216/13/20206/12/20216/13/2020
Cost of sales$2 $1 $4 $3 
Selling, general and administrative expenses 33 23 68 53 
Other pension and retiree medical benefits (income)/expense (a)
(1)1 5 7 
Total restructuring and impairment charges$34 $25 $77 $63 
After-tax amount$29 $21 $64 $53 
Net income attributable to PepsiCo per common share$(0.02)$(0.02)$(0.05)$(0.04)
(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.
12 Weeks Ended24 Weeks EndedPlan to Date
6/12/20216/13/20206/12/20216/13/2020
through 6/12/2021
FLNA $3 $2 $18 $7 $154 
QFNA— — — 1 12 
PBNA1 — 5 3 143 
LatAm6 4 8 9 110 
Europe15 8 26 16 179 
AMESA 3 5 4 7 59 
APAC1 3 1 3 55 
Corporate6 2 10 10 100 
35 24 72 56 812 
Other pension and retiree medical benefits (income)/expense (a)
(1)1 5 7 62 
Total$34 $25 $77 $63 $874 
(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.

12 Weeks Ended24 Weeks EndedPlan to Date
6/12/20216/13/20206/12/20216/13/2020
through 6/12/2021
Severance and other employee costs$15 $2 $49 $24 $493 
Asset impairments1 4 1 5 126 
Other costs18 19 27 34 255 
Total$34 $25 $77 $63 $874 
Severance and other employee costs primarily include severance and other termination benefits, as well as voluntary separation arrangements. Other costs primarily include 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 24 weeks ended June 12, 2021 is as follows:
Severance and Other Employee CostsAsset
Impairments		Other CostsTotal
Liability as of December 26, 2020$122 $— $5 $127 
2021 restructuring charges49 1 27 77 
Cash payments(75)— (29)(104)
Non-cash charges and translation(6)(1)— (7)
Liability as of June 12, 2021$90 $— $3 $93 
Substantially all of the restructuring accrual at June 12, 2021 is expected to be paid by the end of 2021.
Other Productivity Initiatives
There were no charges related to other productivity and efficiency initiatives outside the scope of the 2019 Productivity Plan.
We regularly evaluate different productivity initiatives beyond the productivity plan and other initiatives described above.