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Pension and Retiree Medical Benefits (Notes)
6 Months Ended
Jun. 13, 2020
Pension and Retiree Medical Benefits [Abstract]  
Retirement Benefits [Text Block] Pension and Retiree Medical Benefits
The components of net periodic benefit cost/(income) for pension and retiree medical plans are as follows:
 
12 Weeks Ended
 
Pension
 
Retiree Medical
 
6/13/2020

 
6/15/2019

 
6/13/2020

 
6/15/2019

 
6/13/2020

 
6/15/2019

 
U.S.
 
International
 
 
Service cost
$
100

 
$
88

 
$
20

 
$
18

 
$
5

 
$
6

Other pension and retiree medical benefits expense/(income):
Interest cost
100

 
126

 
21

 
23

 
5

 
8

Expected return on plan assets
(215
)
 
(206
)
 
(49
)
 
(45
)
 
(4
)
 
(4
)
Amortization of prior service cost/(credits)
2

 
3

 

 

 
(2
)
 
(5
)
Amortization of net losses/(gains)
46

 
37

 
16

 
8

 
(5
)
 
(6
)
Special termination benefits
1

 

 

 

 

 

Total other pension and retiree medical benefits income
(66
)
 
(40
)
 
(12
)
 
(14
)
 
(6
)
 
(7
)
Total
$
34

 
$
48

 
$
8

 
$
4

 
$
(1
)
 
$
(1
)
 
24 Weeks Ended
 
Pension
 
Retiree Medical
 
U.S.
 
International
 
 
 
6/13/2020

 
6/15/2019

 
6/13/2020

 
6/15/2019

 
6/13/2020

 
6/15/2019

Service cost
$
200

 
$
176

 
$
37

 
$
31

 
$
11

 
$
11

Other pension and retiree medical benefits expense/(income):
 
 
 
 
Interest cost
200

 
251

 
37

 
40

 
11

 
16

Expected return on plan assets
(429
)
 
(412
)
 
(86
)
 
(78
)
 
(8
)
 
(8
)
Amortization of prior service cost/(credits)
5

 
5

 

 

 
(5
)
 
(9
)
Amortization of net losses/(gains)
91

 
74

 
26

 
13

 
(10
)
 
(12
)
Special termination benefits (a)
7

 
(5
)
 

 

 

 

Total other pension and retiree medical benefits income
(126
)
 
(87
)
 
(23
)
 
(25
)
 
(12
)
 
(13
)
Total
$
74

 
$
89

 
$
14

 
$
6

 
$
(1
)
 
$
(2
)

(a)
Income amount represents adjustments for changes in estimates of previously recorded amounts.
We continue to monitor the impact of the COVID-19 pandemic and related global economic conditions and uncertainty on the net unfunded status of our pension and retiree medical plans. We also regularly evaluate opportunities to reduce risk and volatility associated with our pension and retiree medical plans. During the 24 weeks ended June 13, 2020, we made a discretionary contribution of $150 million to the PepsiCo Employees Retirement Plan A (Plan A) in the United States and $14 million to our international plans. During the 24 weeks ended June 15, 2019, we made discretionary contributions of $150 million to Plan A in the United States and $17 million to our international plans.