CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 04, 2021	Dec. 26, 2020
Current Assets
Cash and cash equivalents	$ 6,506	$ 8,185
Short-term investments	344	1,366
Accounts and notes receivable, less allowance: 9/21 - $165 and 12/20 - $201	9,545	8,404
Inventories
Raw materials and packaging	1,926	1,720
Work-in-process	178	205
Finished goods	2,260	2,247
Inventory, Net, Total	4,364	4,172
Prepaid expenses and other current assets	1,058	874
Assets held for sale	1,893	0
Total Current Assets	23,710	23,001
Property, Plant and Equipment	45,688	46,340
Accumulated Depreciation	(24,431)	(24,971)
Property, Plant and Equipment, Net, Total	21,257	21,369
Amortizable Intangible Assets, net	1,584	1,703
Goodwill	18,531	18,757
Other Indefinite-Lived Intangible Assets	17,291	17,612
Investments in Noncontrolled Affiliates	2,791	2,792
Deferred Income Tax Assets, Net	4,357	4,372
Other Assets	3,733	3,312
Total Assets	93,254	92,918
Current Liabilities
Short-term debt obligations	4,234	3,780
Accounts payable and other current liabilities	20,060	19,592
Liabilities held for sale	783	0
Total Current Liabilities	25,077	23,372
Long-term Debt Obligations	37,023	40,370
Deferred Income Tax Liabilities, Net	4,529	4,284
Other Liabilities	10,635	11,340
Total Liabilities	77,264	79,366
PepsiCo Common Shareholders' Equity
Common stock, par value 12/3¢ per share (authorized 3,600 shares; issued, net of repurchased common stock at par value: 1,383 and 1,380 shares, respectively)	23	23
Capital in excess of par value	3,924	3,910
Retained earnings	65,336	63,443
Accumulated other comprehensive loss	(15,125)	(15,476)
Repurchased common stock, in excess of par value (484 and 487 shares, respectively)	(38,286)	(38,446)
Total PepsiCo Common Shareholders’ Equity	15,872	13,454
Noncontrolling interests	118	98
Total Equity	15,990	13,552
Total Liabilities and Equity	$ 93,254	$ 92,918

Amount, after allowance for credit loss, of accounts and financing receivables, classified as current. Includes, but is not limited to, notes and loan receivable.

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.