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Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss (Notes)
 3 Months Ended
Mar. 21, 2020
Equity [Abstract]  
Comprehensive Income (Loss) Note [Text Block] Accumulated Other Comprehensive Loss Attributable to PepsiCo
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
 
Other
 
Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 28, 2019 (a)
$
(11,290
)
 
$
(3
)
 
$
(2,988
)
 
$
(19
)
 
$
(14,300
)
Other comprehensive (loss)/income before reclassifications (b)
(735
)
 
(236
)
 
21

 
1

 
(949
)
Amounts reclassified from accumulated other comprehensive loss
—

 
157

 
50

 
—

 
207

Net other comprehensive (loss)/income
(735
)
 
(79
)
 
71

 
1

 
(742
)
Tax amounts
(19
)
 
18

 
(14
)
 
—

 
(15
)
Balance as of March 21, 2020 (a)
$
(12,044
)
 
$
(64
)
 
$
(2,931
)
 
$
(18
)
 
$
(15,057
)
(a)
Pension and retiree medical amounts are net of taxes of $1,370 million as of December 28, 2019 and $1,356 million as of March 21, 2020.
(b)
Currency translation adjustment primarily reflects depreciation of the Russian ruble, Canadian dollar and Mexican peso.
 
Currency Translation Adjustment
 
Cash Flow Hedges
 
Pension and Retiree Medical
 
Other
 
Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 29, 2018 (a)
$
(11,918
)
 
$
87

 
$
(3,271
)
 
$
(17
)
 
$
(15,119
)
Other comprehensive (loss)/income before reclassifications (b)
475

 
(20
)
 
(16
)
 
—

 
439

Amounts reclassified from accumulated other comprehensive loss
—

 
(15
)
 
34

 
—

 
19

Net other comprehensive (loss)/income
475

 
(35
)
 
18

 
—

 
458

Tax amounts
(2
)
 
8

 
(1
)
 
—

 
5

Balance as of March 23, 2019 (a)
$
(11,445
)
 
$
60

 
$
(3,254
)
 
$
(17
)
 
$
(14,656
)

(a)
Pension and retiree medical amounts are net of taxes of $1,466 million as of December 29, 2018 and $1,465 million as of March 23, 2019.
(b)
Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Pound sterling.
The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:
 
12 Weeks Ended
 
 
 
3/21/2020

 
3/23/2019

 
Affected Line Item in the Income Statement
Cash flow hedges:
 
 
 
 
 
Foreign exchange contracts
$
4

 
$
(5
)
 
Cost of sales
Interest rate derivatives
150

 
(11
)
 
Net interest expense and other
Commodity contracts
3

 
1

 
Cost of sales
Net losses/(gains) before tax
157

 
(15
)
 
 
Tax amounts
(39
)
 
4

 
 
Net losses/(gains) after tax
$
118

 
$
(11
)
 
 
 
 
 
 
 
 
Pension and retiree medical items:
 
 
 
 
 
Amortization of prior service credits
$
—

 
$
(2
)
 
Other pension and retiree medical benefits income
Amortization of net losses
50

 
36

 
Other pension and retiree medical benefits income
Net losses before tax
50

 
34

 
 
Tax amounts
(11
)
 
(7
)
 
 
Net losses after tax
$
39

 
$
27

 
 
 
 
 
 
 
 
Total net losses reclassified, net of tax
$
157

 
$
16