Restructuring and Impairment Charges (Tables)

12 Months Ended

Dec. 30, 2023

2019 Productivity Plan [Member]

Total Restructuring Cost and Reserve [Line Items]

Restructuring and Related Costs [Table Text Block]

The total plan pre-tax charges are expected to be incurred by division approximately as follows:

	FLNA		QFNA		PBNA		LatAm		Europe		AMESA		APAC		Corporate
Expected pre-tax charges	15	%	1	%	25	%	10	%	25	%	5	%	4	%	15	%

A summary of our 2019 Productivity Plan charges is as follows:

	2023		2022		2021
Cost of sales	$	13	$	33	$	29
Selling, general and administrative expenses	433		347		208
Other pension and retiree medical benefits (income)/expense (a)	(1)		31		10
Total restructuring and impairment charges	$	445	$	411	$	247
After-tax amount	$	349	$	334	$	206
Impact on net income attributable to PepsiCo per common share	$	(0.25)	$	(0.24)	$	(0.15)

	2023		2022		2021		Plan to Date through 12/30/2023
FLNA	$	42	$	46	$	28	$	252
QFNA	—		7		—		19
PBNA	41		68		20		267
LatAm	29		32		37		200
Europe	223		109		81		566
AMESA	15		12		15		97
APAC	8		16		7		85
Corporate	88		90		49		317
	446		380		237		1,803
Other pension and retiree medical benefits (income)/expense (a)	(1)		31		10		97
Total	$	445	$	411	$	247	$	1,900

(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.

	Plan to Date through 12/30/2023
Severance and other employee costs	$	1,050
Asset impairments	192
Other costs	658
Total	$	1,900

A summary of our 2019 Productivity Plan is as follows:

	Severance and Other Employee Costs		Asset Impairments		Other Costs		Total
Liability as of December 26, 2020	$	122	$	—	$	5	$	127
2021 restructuring charges	120		32		95		247
Cash payments (a)	(163)		—		(93)		(256)
Non-cash charges and translation	(15)		(32)		—		(47)
Liability as of December 25, 2021	64		—		7		71
2022 restructuring charges	243		33		135		411
Cash payments (a)	(90)		—		(134)		(224)
Non-cash charges and translation	(29)		(33)		—		(62)
Liability as of December 31, 2022	188		—		8		196
2023 restructuring charges	243		2		200		445
Cash payments (a)	(242)		—		(192)		(434)
Non-cash charges and translation	(1)		(2)		(7)		(10)
Liability as of December 30, 2023	$	188	$	—	$	9	$	197

(a)Excludes cash expenditures of $1 million in 2023, $1 million in 2022 and $2 million in 2021, reported in the cash flow statement in pension and retiree medical plan contributions.