CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 03, 2022	Dec. 25, 2021
Current Assets
Cash and cash equivalents	$ 6,415	$ 5,596
Short-term investments	327	392
Accounts and notes receivable, less allowance: 9/22 - $165 and 12/21 - $147	10,739	8,680
Inventories:
Raw materials and packaging	2,303	1,898
Work-in-process	150	151
Finished goods	2,566	2,298
Inventory, Net, Total	5,019	4,347
Prepaid expenses and other current assets	1,043	980
Assets held for sale	0	1,788
Total Current Assets	23,543	21,783
Property, plant and equipment	48,100	46,828
Accumulated depreciation	(25,300)	(24,421)
Property, Plant and Equipment, net	22,800	22,407
Amortizable Intangible Assets, net	1,314	1,538
Goodwill	18,388	18,381
Other Indefinite-Lived Intangible Assets	15,838	17,127
Investments in Noncontrolled Affiliates	3,224	2,350
Deferred Income Taxes	4,324	4,310
Other Assets	5,030	4,481
Total Assets	94,461	92,377
Current Liabilities
Short-term debt obligations	3,109	4,308
Accounts payable and other current liabilities	22,544	21,159
Liabilities held for sale	0	753
Total Current Liabilities	25,653	26,220
Long-Term Debt Obligations	36,136	36,026
Deferred Income Taxes	4,724	4,826
Other Liabilities	8,813	9,154
Total Liabilities	75,326	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: 1,379 and 1,383 shares, respectively)	23	23
Capital in excess of par value	4,036	4,001
Retained earnings	68,872	65,165
Accumulated other comprehensive loss	(14,743)	(14,898)
Repurchased common stock, in excess of par value (488 and 484 shares, respectively)	(39,211)	(38,248)
Total PepsiCo Common Shareholders’ Equity	18,977	16,043
Noncontrolling interests	158	108
Total Equity	19,135	16,151
Total Liabilities and Equity	$ 94,461	$ 92,377