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Share-Based Compensation | 6 Months Ended
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Jun. 17, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock-Based Compensation | Share-Based Compensation The following table summarizes our total share-based compensation expense:
|  | 12 Weeks Ended |  | 24 Weeks Ended
|  | 6/17/2017 |  |  | 6/11/2016 |  |  | 6/17/2017 |  |  | 6/11/2016 |
Share-based compensation expense - equity awards |  | $ | 71 |  |  | $ | 54 |  |  | $ | 143 |  |  | $ | 123 |
Share-based compensation expense - liability awards |  | 3 |  |  | 1 |  |  | 7 |  |  | 3 |
Restructuring and impairment charges |  | 1 |  |  | 1 |  |  | 2 |  |  | 2 |
Total |  | $ | 75 |  |  | $ | 56 |  |  | $ | 152 |  |  | $ | 128 |
For the 12 weeks ended June 17, 2017 and June 11, 2016, our grants of stock options, RSUs, PSUs and long-term cash awards were nominal. The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:
| 24 Weeks Ended
| 6/17/2017 |  | 6/11/2016
| Granted(a) |  | Weighted-Average Grant Price |  | Granted(a) |  | Weighted-Average Grant Price
Stock options | 1.3 |  |  | $ | 109.75 |  |  | 1.5 |  |  | $ | 98.75 |
RSUs and PSUs | 2.8 |  |  | $ | 109.76 |  |  | 2.9 |  |  | $ | 98.83 |
(a) | In millions. All grant activity is disclosed at target.
We granted long-term cash awards to certain executive officers and other senior executives with an aggregate target value of $19 million and $17 million during the 24 weeks ended June 17, 2017 and June 11, 2016, respectively. Our weighted-average Black-Scholes fair value assumptions are as follows:
| 24 Weeks Ended
| 6/17/2017 |  |  | 6/11/2016 |
Expected life | 5 years |  |  | 6 years |
Risk-free interest rate | 2.0 | % |  | 1.5 | %
Expected volatility | 11 | % |  | 12 | %
Expected dividend yield | 2.7 | % |  | 2.7 | %

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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- References No definition available. + Details
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