Accumulated Other Comprehensive Loss Attributable to Pepsico (Tables)

12 Months Ended

Dec. 26, 2015

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

Schedule Of Accumulated Other Comprehensive Income

Comprehensive income is a measure of income which includes both net income and other comprehensive income or loss. Other comprehensive income or loss results from items deferred from recognition into our income statement. Accumulated other comprehensive income or loss is separately presented on our balance sheet as part of common shareholders’ equity. Other comprehensive (loss)/income attributable to PepsiCo was $(2,650) million in 2015, $(5,542) million in 2014 and $360 million in 2013. The accumulated balances for each component of other comprehensive loss attributable to PepsiCo are as follows:



	2015			2014			2013
Currency translation adjustment ^{(a) (b)}	$	(11,080	)	$	(8,255	)	$	(3,247	)
Cash flow hedges, net of tax	37			34			(76		)
Unamortized pension and retiree medical, net of tax ^(c)	(2,329		)	(2,500		)	(1,861		)
Unrealized gain on securities, net of tax	88			87			93
Other	(35		)	(35		)	(36		)
Accumulated other comprehensive loss attributable to PepsiCo	$	(13,319	)	$	(10,669	)	$	(5,127	)


(a)	The change from 2013 to 2014 primarily reflects depreciation of the Russian ruble.


(b)	The change from 2014 to 2015 primarily reflects the depreciation of the Russian ruble, Brazilian real and the Canadian dollar.


(c)	Net of taxes of $1,253 million in 2015, $1,260 million in 2014 and $945 million in 2013.

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

The following table summarizes the reclassifications from accumulated other comprehensive loss to the Consolidated Statement of Income:



	Amount Reclassified from Accumulated Other Comprehensive Loss									Affected Line Item in the Consolidated Statement of Income
	2015			2014			2013
Currency Translation:
Venezuelan entities	$	111		$	—		$	—		Venezuela impairment charges

(Gains)/Losses on cash flow hedges:
Foreign exchange contracts	$	(3	)	$	—		$	—		Net revenue
Foreign exchange contracts	(94		)	(16		)	—			Cost of sales
Interest rate derivatives	174			233			3			Interest expense
Commodity contracts	9			31			44			Cost of sales
Commodity contracts	11			1			(2		)	Selling, general and administrative expenses
Net losses before tax	97			249			45
Tax amounts	(47		)	(95		)	(17		)
Net losses after tax	$	50		$	154		$	28

Pension and retiree medical items:
Amortization of net prior service credit ^(a)	$	(41	)	$	(6	)	$	(2	)
Amortization of net losses^(a)	281			226			357
Settlement/curtailment ^(a)	6			149			(2		)
Net losses before tax	246			369			353
Tax amounts	(74		)	(122		)	(123		)
Net losses after tax	$	172		$	247		$	230

Venezuelan entities	$	20		$	—		$	—		Venezuela impairment charges
Tax amount	(4		)	—			—
Net losses after tax	$	16		$	—		$	—

Total net losses reclassified for the year, net of tax	$	349		$	401		$	258


(a)	These items are included in the components of net periodic benefit cost for pension and retiree medical plans (see Note 7 for additional details).