Accumulated Other Comprehensive Loss Attributable to Pepsico (Tables)

12 Months Ended

Dec. 30, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule Of Accumulated Other Comprehensive Income

The changes in the balances of each component of accumulated other comprehensive loss attributable to PepsiCo are as follows:

	Currency Translation Adjustment			Cash Flow Hedges		Pension and Retiree Medical		Available-for-sale debt securities and other(a)		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 26, 2020 (b)	$	(11,940)		$	4	$	(3,520)	$	(20)	$	(15,476)
Other comprehensive (loss)/income before reclassifications (c)	(340)			248		702		22		632
Amounts reclassified from accumulated other comprehensive loss	18			(48)		299		—		269
Net other comprehensive (loss)/income	(322)			200		1,001		22		901
Tax amounts	(47)			(45)		(231)		—		(323)
Balance as of December 25, 2021 (b)	(12,309)			159		(2,750)		2		(14,898)
Other comprehensive (loss)/income before reclassifications (d)	(603)			(78)		48		8		(625)
Amounts reclassified from accumulated other comprehensive loss	—			(129)		440		—		311
Net other comprehensive (loss)/income	(603)			(207)		488		8		(314)
Tax amounts	(36)			49		(99)		(4)		(90)
Balance as of December 31, 2022 (b)	(12,948)			1		(2,361)		6		(15,302)
Other comprehensive (loss)/income before reclassifications (e)	(442)			(188)		(493)		608		(515)
Amounts reclassified from accumulated other comprehensive loss	108			146		37		—		291
Net other comprehensive (loss)/income	(334)		Ye	(42)		(456)		608		(224)
Tax amounts	27			10		98		(143)		(8)
Balance as of December 30, 2023 (b)	$	(13,255)		$	(31)	$	(2,719)	$	471	$	(15,534)

(a)The changes primarily represent fair value increases in available-for-sale debt securities, including our investment in Celsius convertible preferred stock in 2023. See Note 9 for further information.

(b)Pension and retiree medical amounts are net of taxes of $1,514 million as of December 26, 2020, $1,283 million as of December 25, 2021, $1,184 million as of December 31, 2022 and $1,282 million as of December 30, 2023.

(c)Currency translation adjustment primarily reflects depreciation of the Turkish lira, Swiss franc and Mexican peso.

(d)Currency translation adjustment primarily reflects depreciation of the Egyptian pound and British pound sterling.

(e)Currency translation adjustment primarily reflects depreciation of the Russian ruble and South African rand, partially offset by the appreciation of the Mexican peso.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table summarizes the reclassifications from accumulated other comprehensive loss to the income statement:

	Amount Reclassified from Accumulated Other Comprehensive Loss						Affected Line Item in the Income Statement
	2023		2022		2021
Currency translation:
Divestitures	$	108	$	—	$	18	Selling, general and administrative expenses
Cash flow hedges:
Foreign exchange contracts	$	(3)	$	(11)	$	6	Net revenue
Foreign exchange contracts	64		(10)		76		Cost of sales
Interest rate derivatives	(40)		159		64		Selling, general and administrative expenses
Commodity contracts	126		(252)		(190)		Cost of sales
Commodity contracts	(1)		(15)		(4)		Selling, general and administrative expenses
Net losses/(gains) before tax	146		(129)		(48)
Tax amounts	(39)		23		11
Net losses/(gains) after tax	$	107	$	(106)	$	(37)
Pension and retiree medical items:
Amortization of net prior service credit	$	(33)	$	(37)	$	(44)	Other pension and retiree medical benefits income
Amortization of net losses	56		164		289		Other pension and retiree medical benefits income
Settlement/curtailment losses	14		313		54		Other pension and retiree medical benefits income
Net losses before tax	37		440		299
Tax amounts	(7)		(80)		(65)
Net losses after tax	$	30	$	360	$	234
Total net losses reclassified for the year, net of tax	$	245	$	254	$	215