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Basis of Presentation (Tables)
 8 Months Ended
Sep. 04, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
Net revenue of each division is as follows:
12 Weeks Ended36 Weeks Ended
9/4/20219/5/20209/4/20219/5/2020
FLNA$4,653 $4,399 $13,441 $12,746 
QFNA618 608 1,839 1,906 
PBNA6,402 5,958 17,632 15,766 
LatAm2,100 1,654 5,309 4,531 
Europe3,612 3,323 8,693 7,887 
AMESA (a)
1,665 1,252 4,150 2,866 
APAC (b)
1,139 897 3,162 2,215 
Total$20,189 $18,091 $54,226 $47,917 
(a)The increase in net revenue for the 36 weeks ended September 4, 2021 primarily reflects our acquisition of Pioneer Food Group Ltd. (Pioneer Foods). See Note 12 for further information.
(b)The increase in net revenue for the 36 weeks ended September 4, 2021 primarily reflects our acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). See Note 12 for further information.
Disaggregation of Revenue [Table Text Block]
Our primary performance obligation is the distribution and sales of beverage and food and snack products to our customers. The following tables reflect the approximate percentage of net revenue generated between our beverage business and our food and snack business for each of our international divisions, as well as our consolidated net revenue:
12 Weeks Ended
9/4/20219/5/2020
Beverage(a)
Food/Snack
Beverage(a)
Food/Snack
LatAm10 %90 %10 %90 %
Europe55 %45 %55 %45 %
AMESA35 %65 %30 %70 %
APAC25 %75 %25 %75 %
PepsiCo45 %55 %45 %55 %
36 Weeks Ended
9/4/20219/5/2020
Beverage(a)
Food/Snack
Beverage(a)
Food/Snack
LatAm10 %90 %10 %90 %
Europe55 %45 %55 %45 %
AMESA35 %65 %35 %65 %
APAC25 %75 %25 %75 %
PepsiCo45 %55 %45 %55 %
(a)Beverage revenue from company-owned bottlers, which primarily includes our consolidated bottling operations in our PBNA and Europe segments, is approximately 40% of our consolidated net revenue in each of the 12 and 36 weeks ended September 4, 2021 and September 5, 2020. Generally, our finished goods beverage operations produce higher net revenue but lower operating margin as compared to concentrate sold to authorized bottling partners for the manufacture of finished goods beverages.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
Operating profit of each division is as follows:
12 Weeks Ended36 Weeks Ended
9/4/20219/5/20209/4/20219/5/2020
FLNA$1,357 $1,353 $3,979 $3,833 
QFNA106 145 384 491 
PBNA773 697 1,948 1,391 
LatAm393 250 967 700 
Europe439 480 975 977 
AMESA312 193 706 386 
APAC201 163 601 494 
Total divisions3,581 3,281 9,560 8,272 
Corporate unallocated expenses (a)
(422)(270)(960)(1,018)
Total$3,159 $3,011 $8,600 $7,254 
(a)In the 36 weeks ended September 4, 2021, we sold our short-term investment in a publicly traded company and recorded a pre-tax net gain of $69 million ($52 million after-tax or $0.04 per share), net of discounts, in selling, general and administrative expenses associated with this sale.
Schedule of Unusual or Infrequent Items, or Both [Table Text Block]
Operating profit includes certain pre-tax charges taken as a result of the COVID-19 pandemic. These pre-tax charges by division are as follows:
12 Weeks Ended 9/4/2021
Allowances for Expected Credit Losses(a)
Upfront Payments to Customers(b)
Employee Compensation Expense(c)
Employee Protection Costs(d)
Other(e)
Total
FLNA$(1)$— $2 $4 $1 $6 
QFNA(1)— — — — (1)
PBNA(2)(13)8 2 (7)(12)
LatAm— — 12 4 1 17 
Europe(1)(1)2 1 2 3 
AMESA(1)— 1 2 1 3 
APAC— — 1 — 1 2 
Total$(6)$(14)$26 $13 $(1)$18 
12 Weeks Ended 9/5/2020
Allowances for Expected Credit Losses(a)
Upfront Payments to Customers(b)
Inventory Write-Downs and Product Returns(f)
Employee Compensation Expense(c)
Employee Protection Costs(d)
Other(e)
Total
FLNA$— $— $1 $24 $16 $— $41 
QFNA— — — 1 1 1 3 
PBNA3 — 1 14 12 20 50 
LatAm— — 6 19 6 1 32 
Europe1 1 — 8 6 — 16 
AMESA— — — 1 2 3 6 
APAC— — 2 (5)1 1 (1)
Total$4 $1 $10 $62 $44 $26 $147 
36 Weeks Ended 9/4/2021
Allowances for Expected Credit Losses(a)
Upfront Payments to Customers(b)
Inventory Write-Downs and Product Returns(f)
Employee Compensation Expense(c)
Employee Protection Costs(d)
Other(e)
Total
FLNA$(9)$— $— $31 $20 $2 $44 
QFNA(1)— — 2 1 — 2 
PBNA(15)(18)— 27 11 (15)(10)
LatAm— — 1 36 9 3 49 
Europe(1)(1)— 10 7 3 18 
AMESA(1)— (2)1 3 4 5 
APAC— — — 1 1 4 6 
Total$(27)$(19)$(1)$108 $52 $1 $114 
36 Weeks Ended 9/5/2020
Allowances for Expected Credit Losses(a)
Upfront Payments to Customers(b)
Inventory Write-Downs and Product Returns(f)
Employee Compensation Expense(c)
Employee Protection Costs(d)
Other(e)
Total
FLNA$19 $— $8 $124 $49 $3 $203 
QFNA2 — — 7 2 1 12 
PBNA48 46 30 98 43 30 295 
LatAm1 — 12 35 14 4 66 
Europe5 2 10 17 14 17 65 
AMESA1 — 1 8 6 7 23 
APAC— — 3 (3)2 2 4 
Total$76 $48 $64 $286 $130 $64 $668 
(a)Reflects the expected impact of the global economic uncertainty caused by COVID-19, leveraging estimates of creditworthiness and projections of default and recovery rates for certain of our customers, including foodservice and vending businesses. Income amounts represent reductions in the previously recorded reserves due to improved projected default rates and lower at-risk receivable balances.
(b)Relates to promotional spending for which benefit is not expected to be received. Income amounts represent reductions in previously recorded reserves due to improved projected default rates and lower overall advance balances.
(c)Includes incremental frontline incentive pay, crisis child care and other leave benefits and labor costs. Income amounts include a social welfare relief credit of $7 million in the 12 and 36 weeks ended September 5, 2020.
(d)Includes costs associated with personal protective equipment, temperature scans, cleaning and other sanitization services.
(e)Includes certain reserves for property, plant and equipment, donations of cash and product, and other costs. Income amounts represent adjustments for changes in estimates of previously recorded amounts.
(f)Includes a reserve for product returns of $3 million and $19 million in the 12 and 36 weeks ended September 5, 2020, respectively. Income amount represents adjustments for changes in estimates of previously recorded amounts.