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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 19, 2022
Mar. 20, 2021
Income Statement [Abstract]    
Net Revenue $ 16,200 $ 14,820
Cost of sales 7,433 6,671
Gross profit 8,767 8,149
Selling, general and administrative expenses 6,822 5,837
Gain associated with the Juice Transaction (3,322) [1] 0
Operating Profit 5,267 2,312
Other pension and retiree medical benefits income 134 120
Net interest expense and other (240) (258)
Income before income taxes 5,161 2,174
Provision for income taxes 888 451
Net income 4,273 1,723
Less: Net income attributable to noncontrolling interests 12 9
Net Income Attributable to PepsiCo $ 4,261 $ 1,714
Net Income Attributable to PepsiCo per Common Share    
Earnings Per Share, Basic $ 3.08 $ 1.24
Earnings Per Share, Diluted $ 3.06 $ 1.24
Weighted-average common shares outstanding    
Weighted Average Number of Shares Outstanding, Basic 1,383 1,380
Weighted Average Number of Shares Outstanding, Diluted 1,391 1,387
Income Statement Additional Disclosure    
Disposal Group, Including Discontinued Operation, Consideration $ 3,500  
Equity Method Investment, Ownership Percentage 39.00%  
[1] In the 12 weeks ended March 19, 2022, we sold our Tropicana, Naked and other select juice brands to PAI Partners for approximately $3.5 billion in cash and a 39% noncontrolling interest in a newly formed joint venture (Tropicana JV) operating across North America and Europe (Juice Transaction). See Note 11 for further information.