Share-Based Compensation (Tables)

8 Months Ended

Sep. 03, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses:

	12 Weeks Ended				36 Weeks Ended
	9/3/2022		9/4/2021		9/3/2022		9/4/2021
Share-based compensation expense – equity awards	$	77	$	71	$	233	$	215
Share-based compensation expense – liability awards	4		3		16		7
Acquisition and divestiture-related charges	—		—		3		—
Restructuring charges	—		(1)		—		—
Total	$	81	$	73	$	252	$	222

Schedule of Share-based Payment Award, PepsiCo, Inc. Long-Term Incentive Plan

The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:

	36 Weeks Ended
	9/3/2022			9/4/2021
	Granted(a)	Weighted-Average Grant Price		Granted(a)	Weighted-Average Grant Price
Stock options	2.3	$	163.46	2.0	$	133.23
RSUs and PSUs	2.3	$	163.01	2.6	$	131.28

(a)In millions. All grant activity is disclosed at target.

Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions

Our weighted-average Black-Scholes fair value assumptions are as follows: 

	36 Weeks Ended
	9/3/2022		9/4/2021
Expected life	7 years		7 years
Risk-free interest rate	1.8	%	1.1	%
Expected volatility	16	%	14	%
Expected dividend yield	2.5	%	3.1	%