Intangible Assets (Tables)

6 Months Ended

Jun. 11, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

A summary of our amortizable intangible assets is as follows:

	6/11/2022						12/25/2021
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights (a)	$	851	$	(196)	$	655	$	976	$	(187)	$	789
Customer relationships	617		(243)		374		623		(227)		396
Brands	1,119		(983)		136		1,151		(989)		162
Other identifiable intangibles	444		(261)		183		451		(260)		191
Total	$	3,031	$	(1,683)	$	1,348	$	3,201	$	(1,663)	$	1,538

(a)Decrease is primarily due to the write-off of our distribution rights for Bang Energy drinks. Subsequent to June 11, 2022, we came to an agreement with Vital to terminate the distribution agreement. See Note 1 for further information.

Schedule Of Change In Book Value Of Nonamortizable Intangible Assets

The change in the book value of indefinite-lived intangible assets is as follows:

	Balance 12/25/2021		Impairment		Translation and Other		Balance 6/11/2022
FLNA
Goodwill	$	458	$	—	$	1	$	459
Brands	340		—		—		340
Total	798		—		1		799
QFNA
Goodwill	189		—		—		189
Total	189		—		—		189
PBNA
Goodwill	11,974		—		1		11,975
Reacquired franchise rights	7,107		—		6		7,113
Acquired franchise rights	1,538		—		—		1,538
Brands	2,508		—		—		2,508
Total	23,127		—		7		23,134
LatAm
Goodwill	433		—		27		460
Brands (a)	100		(29)		10		81
Total	533		(29)		37		541
Europe (b)
Goodwill	3,700		—		159		3,859
Reacquired franchise rights	441		—		4		445
Acquired franchise rights	158		—		(8)		150
Brands (c)	4,254		(1,420)		67		2,901
Total	8,553		(1,420)		222		7,355
AMESA
Goodwill	1,063		—		2		1,065
Brands	205		—		4		209
Total	1,268		—		6		1,274
APAC
Goodwill	564		—		(24)		540
Brands	476		—		(18)		458
Total	1,040		—		(42)		998
Total goodwill	18,381		—		166		18,547
Total reacquired franchise rights	7,548		—		10		7,558
Total acquired franchise rights	1,696		—		(8)		1,688
Total brands	7,883		(1,449)		63		6,497
Total	$	35,508	$	(1,449)	$	231	$	34,290

(a)Impairment reflects our decision to sell or discontinue certain non-strategic brands. See Note 1 for further information.

(b)Translation and other primarily represents the appreciation of the Russian ruble.

(c)Impairment represents decrease in fair value as a result of the Russia-Ukraine conflict and the discontinuation or repositioning of certain juice and dairy brands in Russia.