CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 19, 2022	Dec. 25, 2021
Current Assets
Cash and cash equivalents	$ 6,561	$ 5,596
Short-term investments	343	392
Accounts and notes receivable, less allowance: 3/22 - $192 and 12/21 - $147	9,424	8,680
Inventories
Raw materials and packaging	2,017	1,898
Work-in-process	154	151
Finished goods	2,591	2,298
Inventory, Net, Total	4,762	4,347
Prepaid expenses and other current assets	1,252	980
Assets held for sale	0	1,788
Total Current Assets	22,342	21,783
Property, Plant and Equipment	46,533	46,828
Accumulated Depreciation	(24,516)	(24,421)
Property, Plant and Equipment, Net, Total	22,017	22,407
Amortizable Intangible Assets, net	1,497	1,538
Goodwill	18,112	18,381
Other Indefinite-Lived Intangible Assets	16,603	17,127
Investments in Noncontrolled Affiliates	3,595	2,627
Deferred Income Tax Assets, Net	4,301	4,310
Other Assets	4,495	4,204
Total Assets	92,962	92,377
Current Liabilities
Short-term debt obligations	5,459	4,308
Accounts payable and other current liabilities	20,365	21,159
Liabilities held for sale	0	753
Total Current Liabilities	25,824	26,220
Long-term Debt Obligations	34,590	36,026
Deferred Income Tax Liabilities, Net	5,072	4,826
Other Liabilities	9,156	9,154
Total Liabilities	74,642	76,226
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: 1,384 and 1,383 shares, respectively)	23	23
Capital in excess of par value	3,893	4,001
Retained earnings	67,934	65,165
Accumulated other comprehensive loss	(15,343)	(14,898)
Repurchased common stock, in excess of par value (483 and 484 shares, respectively)	(38,305)	(38,248)
Total PepsiCo Common Shareholders’ Equity	18,202	16,043
Noncontrolling interests	118	108
Total Equity	18,320	16,151
Total Liabilities and Equity	$ 92,962	$ 92,377