Acquisitions & Divestitures (Tables)

12 Months Ended

Dec. 31, 2022

Dec. 25, 2021

Acquisitions & Divestitures [Abstract]

Business Combination, Separately Recognized Transactions

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

	2022		2021		2020
Cost of sales	$	—	$	1	$	32
Selling, general and administrative expenses (a)	74		(5)		223
Other pension and retiree medical benefits expense	6		—		—
Total	$	80	$	(4)	$	255
After-tax amount (b)	$	66	$	(27)	$	237
Impact on net income attributable to PepsiCo per common share	$	(0.05)	$	0.02	$	(0.17)

(a)The income amount primarily relates to the acceleration payment made in the fourth quarter of 2021 under the contingent consideration arrangement associated with our acquisition of Rockstar, which is partially offset by other acquisition and divestiture-related charges.

(b)In 2021, includes a tax benefit related to contributions to socioeconomic programs in South Africa.

	2022		2021		2020		Transaction
FLNA	$	—	$	2	$	29	BFY Brands
PBNA	51		11		66		Juice Transaction, Rockstar
Europe	14		8		—		Juice Transaction
AMESA	3		10		173		Pioneer Foods, Other
APAC	—		4		7		Be & Cheery
Corporate (a)	6		(39)		(20)		Juice Transaction, Rockstar
Total	74		(4)		255
Other pension and retiree medical benefits expense	6		—		—		Juice Transaction
Total acquisition and divestiture-related charges	$	80	$	(4)	$	255

(a)In 2021, the income amount primarily relates to the acceleration payment made in the fourth quarter of 2021 under the contingent consideration arrangement associated with our acquisition of Rockstar, which is partially offset by divestiture-related charges associated with the Juice Transaction. In 2020, the income amount primarily relates to the change in the fair value of the Rockstar contingent consideration.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The fair value of identifiable assets acquired and liabilities assumed in the acquisitions of Pioneer Foods, Rockstar and Be & Cheery and the resulting goodwill as of the respective acquisition dates is summarized as follows:

	Pioneer Foods		Rockstar		Be & Cheery
Acquisition date	March 23, 2020		April 24, 2020		June 1, 2020
Inventories	$	229	$	52	$	45
Property, plant and equipment	379		8		60
Amortizable intangible assets	52		—		98
Nonamortizable intangible assets	183		2,400		309
Other assets and liabilities	(53)		(9)		(24)
Net deferred income taxes	(117)		—		(99)
Noncontrolling interest	(5)		—		—
Total identifiable net assets	668		2,451		389
Goodwill	558		2,278		309
Total purchase price	$	1,226	$	4,729	$	698