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Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss (Notes)
 6 Months Ended
Jun. 13, 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
)
Other comprehensive (loss)/income before reclassifications (c)
(827
)
 
144

 
25

 
(1
)
 
(659
)
Amounts reclassified from accumulated other comprehensive loss
—

 
(127
)
 
57

 
—

 
(70
)
Net other comprehensive (loss)/income
(827
)
 
17

 
82

 
(1
)
 
(729
)
Tax amounts
31

 
(4
)
 
(19
)
 
—

 
8

Balance as of June 13, 2020 (a)
$
(12,840
)
 
$
(51
)
 
$
(2,868
)
 
$
(19
)
 
$
(15,778
)
(a)
Pension and retiree medical amounts are net of taxes of $1,370 million as of December 28, 2019, $1,356 million as of March 21, 2020 and $1,337 million as of June 13, 2020.
(b)
Currency translation adjustment primarily reflects depreciation of the Russian ruble, Canadian dollar and Mexican peso.
(c)
Currency translation adjustment primarily reflects depreciation of the Mexican peso, Russian ruble and euro.
 
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
)
Other comprehensive (loss)/income before reclassifications (c)
(365
)
 
(37
)
 
16

 
1

 
(385
)
Amounts reclassified from accumulated other comprehensive loss
—

 
29

 
37

 
—

 
66

Net other comprehensive (loss)/income
(365
)
 
(8
)
 
53

 
1

 
(319
)
Tax amounts
—

 
2

 
(11
)
 
—

 
(9
)
Balance as of June 15, 2019 (a)
$
(11,810
)
 
$
54

 
$
(3,212
)
 
$
(16
)
 
$
(14,984
)

(a)
Pension and retiree medical amounts are net of taxes of $1,466 million as of December 29, 2018, $1,465 million as of March 23, 2019 and $1,454 million as of June 15, 2019.
(b)
Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Pound sterling.
(c)
Currency translation adjustment primarily reflects depreciation of the euro, Mexican peso and Swiss franc.

The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:
 
 
12 Weeks Ended
 
24 Weeks Ended
 
 
 
 
6/13/2020

 
6/15/2019

 
6/13/2020

 
6/15/2019

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

 
$
1

 
$
—

 
$
1

 
Net revenue
Foreign exchange contracts
 
(19
)
 
—

 
(15
)
 
(5
)
 
Cost of sales
Interest rate derivatives
 
(121
)
 
27

 
29

 
16

 
Net interest expense and other
Commodity contracts
 
11

 
1

 
14

 
2

 
Cost of sales
Commodity contracts
 
2

 
—

 
2

 
—

 
Selling, general and administrative expenses
Net (gains)/losses before tax
 
(127
)
 
29

 
30

 
14

 
 
Tax amounts
 
31

 
(6
)
 
(8
)
 
(2
)
 
 
Net (gains)/losses after tax
 
$
(96
)
 
$
23

 
$
22

 
$
12

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

 
$
(2
)
 
$
—

 
$
(4
)
 
Other pension and retiree medical benefits income
Amortization of net losses
 
57

 
39

 
107

 
75

 
Other pension and retiree medical benefits income
Net losses before tax
 
57

 
37

 
107

 
71

 
 
Tax amounts
 
(11
)
 
(8
)
 
(22
)
 
(15
)
 
 
Net losses after tax
 
$
46

 
$
29

 
$
85

 
$
56

 
 
 
 
 
 
 
 
 
 
 
 
 
Total net (gains)/losses reclassified, net of tax
 
$
(50
)
 
$
52

 
$
107

 
$
68