Acquisitions & Divestitures (Tables)

6 Months Ended

Jun. 11, 2022

Acquisitions & Divestitures [Abstract]

Juice Transaction [Table Text Block]

A summary of income statement activity related to the Juice Transaction in the 24 weeks ended June 11, 2022 is as follows:

	PBNA		Europe		Corporate		Total PepsiCo		Provision for income taxes(a)		Net income attributable to PepsiCo		Impact on net income attributable to PepsiCo per common share
Gain associated with the Juice Transaction	$	(3,037)	$	(298)	$	—	$	(3,335)	$	455	$	(2,880)	$	2.07
Acquisition and divestiture-related charges	39		13		6		58		(10)		48		(0.04)
Operating profit	$	(2,998)	$	(285)	$	6	(3,277)		445		(2,832)		2.04		(c)
Other pension and retiree medical benefits income (b)							(10)		3		(7)		0.01
Total Juice Transaction							$	(3,287)	$	448	$	(2,839)	$	2.04	(c)

(a)Includes $195 million of deferred tax expense related to the recognition of our investment in the Tropicana JV.

(b)Includes $16 million curtailment gain, partially offset by $6 million special termination benefits.

(c)Does not sum due to rounding.

Business Combination, Separately Recognized Transactions [Table Text Block]

A summary of our acquisition and divestiture-related charges is as follows:

	12 Weeks Ended				24 Weeks Ended
	6/11/2022		6/12/2021		6/11/2022		6/12/2021		Transaction
FLNA	$	—	$	—	$	—	$	2	BFY Brands, Inc.
PBNA	2		1		39		2		Juice Transaction, Rockstar
Europe	3		—		13		—		Juice Transaction
AMESA	—		6		—		7		Pioneer Foods
APAC	—		3		—		3		Be & Cheery
Corporate	3		15		6		1		Juice Transaction, Rockstar
Total (a)	$	8	$	25	$	58	$	15
Other pension and retiree medical benefits expense	—		—		6		—		Juice Transaction
Total acquisition and divestiture-related charges	$	8	$	25	$	64	$	15
After-tax amount	$	7	$	21	$	54	$	14
Impact on net income attributable to PepsiCo per common share	$	(0.01)	$	(0.02)	$	(0.04)	$	(0.01)

(a)Recorded primarily in selling, general and administrative expenses.