CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 11, 2022	Dec. 25, 2021
Current Assets
Cash and cash equivalents	$ 5,405	$ 5,596
Short-term investments	287	392
Accounts and notes receivable, less allowance: 6/22 - $185 and 12/21 - $147	10,498	8,680
Inventories
Raw materials and packaging	2,403	1,898
Work-in-process	158	151
Finished goods	2,726	2,298
Inventory, Net, Total	5,287	4,347
Prepaid expenses and other current assets	1,156	980
Assets held for sale	0	1,788
Total Current Assets	22,633	21,783
Property, Plant and Equipment	47,902	46,828
Accumulated Depreciation	(25,208)	(24,421)
Property, Plant and Equipment, Net, Total	22,694	22,407
Amortizable Intangible Assets, net	1,348	1,538
Goodwill	18,547	18,381
Other Indefinite-Lived Intangible Assets	15,743	17,127
Investments in Noncontrolled Affiliates	3,519	2,627
Deferred Income Tax Assets, Net	4,345	4,310
Other Assets	4,274	4,204
Total Assets	93,103	92,377
Current Liabilities
Short-term debt obligations	6,032	4,308
Accounts payable and other current liabilities	21,191	21,159
Liabilities held for sale	0	753
Total Current Liabilities	27,223	26,220
Long-term Debt Obligations	33,247	36,026
Deferred Income Tax Liabilities, Net	4,838	4,826
Other Liabilities	9,121	9,154
Total Liabilities	74,429	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: 1,381 and 1,383 shares, respectively)	23	23
Capital in excess of par value	3,970	4,001
Retained earnings	67,763	65,165
Accumulated other comprehensive loss	(14,416)	(14,898)
Repurchased common stock, in excess of par value (486 and 484 shares, respectively)	(38,787)	(38,248)
Total PepsiCo Common Shareholders’ Equity	18,553	16,043
Noncontrolling interests	121	108
Total Equity	18,674	16,151
Total Liabilities and Equity	$ 93,103	$ 92,377