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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 17, 2023
Jun. 11, 2022
Jun. 17, 2023
Jun. 11, 2022
Net Revenue $ 22,322 $ 20,225 $ 40,168 $ 36,425
Cost of sales 10,121 9,415 18,109 16,848
Gross profit 12,201 10,810 22,059 19,577
Selling, general and administrative expenses 8,542 7,387 15,771 13,967
Gain associated with the Juice Transaction 0 (13) 0 (3,335)
Impairment of Intangible Assets (Excluding Goodwill) 0 1,359 0 1,601
Operating Profit 3,659 2,077 6,288 7,344
Other pension and retiree medical benefits income/(expense) 60 (2) 121 132
Net interest expense and other (201) (236) (401) (476)
Income before income taxes 3,518 1,839 6,008 7,000
Provision for income taxes 747 393 1,293 1,281
Net income 2,771 1,446 4,715 5,719
Net Income (Loss) Attributable to Noncontrolling Interest 23 17 35 29
Net Income Attributable to PepsiCo $ 2,748 $ 1,429 $ 4,680 $ 5,690
Earnings Per Share [Abstract]        
Earnings Per Share, Basic (in USD per share) $ 1.99 $ 1.03 $ 3.40 $ 4.11
Earnings Per Share, Diluted (in USD per share) $ 1.99 $ 1.03 $ 3.38 $ 4.09
Weighted-average common shares outstanding        
Weighted Average Number of Shares Outstanding, Basic (in shares) 1,378 1,382 1,378 1,383
Weighted Average Number of Shares Outstanding, Diluted (in shares) 1,384 1,389 1,384 1,390
Tropicana JV        
Income Statement Additional Disclosure        
Disposal Group, Including Discontinued Operation, Consideration   $ 3,500   $ 3,500
Equity Method Investment, Ownership Percentage   39.00%   39.00%