Acquisitions & Divestitures (Tables)

6 Months Ended

12 Months Ended

Jun. 12, 2021

Dec. 26, 2020

Acquisitions & Divestitures [Abstract]

Business Combination, Separately Recognized Transactions [Table Text Block]

A summary of our inventory fair value adjustments and merger and integration charges is as follows:

	12 Weeks Ended				24 Weeks Ended
	6/12/2021		6/13/2020		6/12/2021		6/13/2020
Cost of sales	$	1	$	19	$	1	$	19
Selling, general and administrative expenses	24		199		14		224
Total	$	25	$	218	$	15	$	243
After-tax amount	$	21	$	205	$	14	$	227
Net income attributable to PepsiCo per common share	$	(0.02)	$	(0.15)	$	(0.01)	$	(0.16)

Inventory fair value adjustments and merger and integration charges by division are as follows:

	12 Weeks Ended				24 Weeks Ended
	6/12/2021		6/13/2020		6/12/2021		6/13/2020		Transaction
FLNA	$	—	$	2	$	2	$	25	BFY Brands
PBNA	1		43		2		43		Rockstar
AMESA	6		157		7		159		Pioneer Foods
APAC	3		—		3		—		Be & Cheery
Corporate (a)	15		16		1		16
Total	$	25	$	218	$	15	$	243

(a)     Relates to changes in the fair value of contingent consideration associated with our acquisition of Rockstar, as well as other transaction-related costs.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of identifiable assets acquired and liabilities assumed in the acquisitions of Pioneer Foods, Rockstar and Be & Cheery and the resulting goodwill as of the respective acquisition dates.

	Pioneer Foods		Rockstar		Be & Cheery
Acquisition date	March 23, 2020		April 24, 2020		June 1, 2020
Inventories	$	229	$	52	$	45
Property, plant and equipment	379		8		60
Amortizable intangible assets	52		—		98
Nonamortizable intangible assets	183		2,400		309
Other assets and liabilities	(53)		(9)		(24)
Net deferred income taxes	(117)		—		(99)
Noncontrolling interest	(5)		—		—
Total identifiable net assets	668		2,451		389
Goodwill	558		2,278		309
Total purchase price	$	1,226	$	4,729	$	698