Restructuring and Impairment Charges (Tables)

6 Months Ended

Jun. 13, 2020

2019 Productivity Plan [Member]

Restructuring Cost and Reserve [Line Items]

Summary of Productivity Plan Activity [Table Text Block]

The total expected 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	11	%	2	%	30	%	10	%	25	%	8	%	5	%	9	%

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

	12 Weeks Ended				24 Weeks Ended
	6/13/2020		6/15/2019		6/13/2020		6/15/2019
Cost of sales	$	1	$	82	$	3	$	90
Selling, general and administrative expenses	23		76		53		99
Other pension and retiree medical benefits expense/(income) (a)	1		—		7		(5		)
Total restructuring and impairment charges	$	25	$	158	$	63	$	184
After-tax amount	$	21	$	120	$	53	$	143
Net income attributable to PepsiCo per common share	$	0.02	$	0.08	$	0.04	$	0.10

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

	12 Weeks Ended				24 Weeks Ended					Plan to Date
	6/13/2020		6/15/2019		6/13/2020		6/15/2019			through 6/13/2020
FLNA	$	2	$	6	$	7	$	6		$	60
QFNA	—		—		1		—			8
PBNA	—		10		3		16			94
LatAm	4		21		9		21			80
Europe	8		53		16		59			121
AMESA	5		8		7		16			48
APAC	3		34		3		37			52
Corporate	2		26		10		34			64
	24		158		56		189			527
Other pension and retiree medical benefits expense/(income) (a)	1		—		7		(5		)	44
Total	$	25	$	158	$	63	$	184		$	571

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

	12 Weeks Ended				24 Weeks Ended				Plan to Date
	6/13/2020		6/15/2019		6/13/2020		6/15/2019		through 6/13/2020
Severance and other employee costs	$	2	$	43	$	24	$	40	$	310
Asset impairments	4		76		5		84		97
Other costs (a)	19		39		34		60		164
Total	$	25	$	158	$	63	$	184	$	571

(a) Includes other costs associated with the implementation of our initiatives, including contract termination costs, consulting and other professional fees.

A summary of our 2019 Productivity Plan activity for the 24 weeks ended June 13, 2020 is as follows:

	Severance and Other Employee Costs			Asset Impairments			Other Costs			Total
Liability as of December 28, 2019	$	128		$	—		$	21		$	149
2020 restructuring charges	24			5			34			63
Cash payments	(59		)	—			(50		)	(109		)
Non-cash charges and translation	(11		)	(5		)	3			(13		)
Liability as of June 13, 2020	$	82		$	—		$	8		$	90