Restructuring and Impairment Charges (Tables)

6 Months Ended

Jun. 11, 2022

2019 Productivity Plan [Member]

Restructuring Cost and Reserve [Line Items]

Summary of Productivity Plan Activity [Table Text Block]

The total expected plan pre-tax charges are expected to be incurred by division approximately as follows:

	FLNA		QFNA		PBNA		LatAm		Europe		AMESA		APAC		Corporate
Expected pre-tax charges	15	%	1	%	25	%	10	%	25	%	5	%	4	%	15	%

A summary of our 2019 Productivity Plan charges is as follows:

	12 Weeks Ended				24 Weeks Ended
	6/11/2022		6/12/2021		6/11/2022		6/12/2021
Cost of sales	$	—	$	2	$	5	$	4
Selling, general and administrative expenses	45		33		67		68
Other pension and retiree medical benefits expense/(income)	3		(1)		3		5
Total restructuring and impairment charges	$	48	$	34	$	75	$	77
After-tax amount	$	40	$	29	$	61	$	64
Impact on net income attributable to PepsiCo per common share	$	(0.03)	$	(0.02)	$	(0.04)	$	(0.05)

	12 Weeks Ended				24 Weeks Ended				Plan to Date
	6/11/2022		6/12/2021		6/11/2022		6/12/2021		through 6/11/2022
FLNA	$	3	$	3	$	6	$	18	$	170
QFNA	—		—		—		—		12
PBNA	2		1		5		5		163
LatAm	8		6		14		8		153
Europe	12		15		19		26		253
AMESA	3		3		5		4		75
APAC	3		1		4		1		65
Corporate	14		6		19		10		158
	45		35		72		72		1,049
Other pension and retiree medical benefits expense/(income)	3		(1)		3		5		70
Total	$	48	$	34	$	75	$	77	$	1,119

	12 Weeks Ended				24 Weeks Ended				Plan to Date
	6/11/2022		6/12/2021		6/11/2022		6/12/2021		through 6/11/2022
Severance and other employee costs	$	20	$	15	$	31	$	49	$	595
Asset impairments	—		1		—		1		157
Other costs	28		18		44		27		367
Total	$	48	$	34	$	75	$	77	$	1,119

A summary of our 2019 Productivity Plan activity for the 24 weeks ended June 11, 2022 is as follows:

	Severance and Other Employee Costs		Other Costs		Total
Liability as of December 25, 2021	$	64	$	7	$	71
2022 restructuring charges	31		44		75
Cash payments	(37)		(45)		(82)
Non-cash charges and translation	(3)		(1)		(4)
Liability as of June 11, 2022	$	55	$	5	$	60