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Accumulated Other Comprehensive Loss (Tables) | 8 Months Ended
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Sep. 08, 2018
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | 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 |  | Available-For-Sale Securities |  | Other |  | Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 30, 2017 (a) | $ | (10,277 | ) |  | $ | 47 |  |  | $ | (2,804 | ) |  | $ | (4 | ) |  | $ | (19 | ) |  | $ | (13,057 | )
Other comprehensive (loss)/income before reclassifications (b) | 288 |  |  | 93 |  |  | (13 | ) |  | (2 | ) |  | — |  |  | 366 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (55 | ) |  | 43 |  |  | — |  |  | — |  |  | (12 | )
Net other comprehensive (loss)/income | 288 |  |  | 38 |  |  | 30 |  |  | (2 | ) |  | — |  |  | 354 |
Tax amounts | 2 |  |  | (10 | ) |  | (6 | ) |  | — |  |  | — |  |  | (14 | )
Balance as of March 24, 2018 (a) | (9,987 | ) |  | 75 |  |  | (2,780 | ) |  | (6 | ) |  | (19 | ) |  | (12,717 | )
Other comprehensive (loss)/income before reclassifications (c) | (953 | ) |  | (70 | ) |  | 28 |  |  | 4 |  |  | — |  |  | (991 | )
Amounts reclassified from accumulated other comprehensive loss | — |  |  | 128 |  |  | 46 |  |  | — |  |  | — |  |  | 174 |
Net other comprehensive (loss)/income | (953 | ) |  | 58 |  |  | 74 |  |  | 4 |  |  | — |  |  | (817 | )
Tax amounts | (18 | ) |  | (10 | ) |  | (18 | ) |  | — |  |  | — |  |  | (46 | )
Balance as of June 16, 2018 (a) | (10,958 | ) |  | 123 |  |  | (2,724 | ) |  | (2 | ) |  | (19 | ) |  | (13,580 | )
Other comprehensive (loss)/income before reclassifications (d) | (730 | ) |  | (11 | ) |  | 16 |  |  | 2 |  |  | — |  |  | (723 | )
Amounts reclassified from accumulated other comprehensive loss | — |  |  | 7 |  |  | 56 |  |  | — |  |  | — |  |  | 63 |
Net other comprehensive (loss)/income | (730 | ) |  | (4 | ) |  | 72 |  |  | 2 |  |  | — |  |  | (660 | )
Tax amounts | 2 |  |  | 3 |  |  | (18 | ) |  | — |  |  | — |  |  | (13 | )
Balance as of September 8, 2018 (a) | $ | (11,686 | ) |  | $ | 122 |  |  | $ | (2,670 | ) |  | $ | — |  |  | $ | (19 | ) |  | $ | (14,253 | )
(a) | Pension and retiree medical amounts are net of taxes of $1,338 million as of December 30, 2017, $1,332 million as of March 24, 2018, $1,314 million as of June 16, 2018 and $1,296 million as of September 8, 2018.
(b) | Currency translation adjustment primarily reflects the appreciation in the Russian ruble and Mexican peso.
(c) | Currency translation adjustment primarily reflects the depreciation in the Russian ruble, Brazilian real and Mexican peso.
(d) | Currency translation adjustment primarily reflects the depreciation in the Russian ruble, Turkish lira and Pound sterling.
| Currency Translation Adjustment |  | Cash Flow Hedges |  | Pension and Retiree Medical |  | Available-For-Sale Securities |  | Other |  | Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 31, 2016 (a) | $ | (11,386 | ) |  | $ | 83 |  |  | $ | (2,645 | ) |  | $ | 64 |  |  | $ | (35 | ) |  | $ | (13,919 | )
Other comprehensive (loss)/income before reclassifications (b) | 513 |  |  | (3 | ) |  | (14 | ) |  | 9 |  |  | — |  |  | 505 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (33 | ) |  | 28 |  |  | — |  |  | — |  |  | (5 | )
Net other comprehensive (loss)/income | 513 |  |  | (36 | ) |  | 14 |  |  | 9 |  |  | — |  |  | 500 |
Tax amounts | 4 |  |  | 9 |  |  | (5 | ) |  | (5 | ) |  | — |  |  | 3 |
Balance as of March 25, 2017 (a) | (10,869 | ) |  | 56 |  |  | (2,636 | ) |  | 68 |  |  | (35 | ) |  | (13,416 | )
Other comprehensive (loss)/income before reclassifications (c) | 297 |  |  | 20 |  |  | (27 | ) |  | 18 |  |  | — |  |  | 308 |
Amounts reclassified from accumulated other comprehensive loss (d) | — |  |  | (53 | ) |  | 32 |  |  | (99 | ) |  | — |  |  | (120 | )
Net other comprehensive (loss)/income | 297 |  |  | (33 | ) |  | 5 |  |  | (81 | ) |  | — |  |  | 188 |
Tax amounts | 21 |  |  | 9 |  |  | (3 | ) |  | 11 |  |  | 16 |  |  | 54 |
Balance as of June 17, 2017 (a) | (10,551 | ) |  | 32 |  |  | (2,634 | ) |  | (2 | ) |  | (19 | ) |  | (13,174 | )
Other comprehensive (loss)/income before reclassifications (e) | 277 |  |  | 53 |  |  | (20 | ) |  | 2 |  |  | — |  |  | 312 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (97 | ) |  | 35 |  |  | — |  |  | — |  |  | (62 | )
Net other comprehensive (loss)/income | 277 |  |  | (44 | ) |  | 15 |  |  | 2 |  |  | — |  |  | 250 |
Tax amounts | 43 |  |  | 12 |  |  | (6 | ) |  | — |  |  | — |  |  | 49 |
Balance as of September 9, 2017 (a) | $ | (10,231 | ) |  | $ | — |  |  | $ | (2,625 | ) |  | $ | — |  |  | $ | (19 | ) |  | $ | (12,875 | )
(a) | Pension and retiree medical amounts are net of taxes of $1,280 million as of December 31, 2016, $1,275 million as of March 25, 2017, $1,272 million as of June 17, 2017 and $1,266 million as of September 9, 2017.
(b) | Currency translation adjustment primarily reflects the appreciation in the Russian ruble, Egyptian pound and Australian dollar.
(c) | Currency translation adjustment primarily reflects the appreciation in the euro and Russian ruble.
(d) | Available-for-sale securities reflect a reclassification associated with the sale of our minority stake in Britvic
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 |  | Available-For-Sale Securities |  | Other |  | Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 30, 2017 (a) | $ | (10,277 | ) |  | $ | 47 |  |  | $ | (2,804 | ) |  | $ | (4 | ) |  | $ | (19 | ) |  | $ | (13,057 | )
Other comprehensive (loss)/income before reclassifications (b) | 288 |  |  | 93 |  |  | (13 | ) |  | (2 | ) |  | — |  |  | 366 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (55 | ) |  | 43 |  |  | — |  |  | — |  |  | (12 | )
Net other comprehensive (loss)/income | 288 |  |  | 38 |  |  | 30 |  |  | (2 | ) |  | — |  |  | 354 |
Tax amounts | 2 |  |  | (10 | ) |  | (6 | ) |  | — |  |  | — |  |  | (14 | )
Balance as of March 24, 2018 (a) | (9,987 | ) |  | 75 |  |  | (2,780 | ) |  | (6 | ) |  | (19 | ) |  | (12,717 | )
Other comprehensive (loss)/income before reclassifications (c) | (953 | ) |  | (70 | ) |  | 28 |  |  | 4 |  |  | — |  |  | (991 | )
Amounts reclassified from accumulated other comprehensive loss | — |  |  | 128 |  |  | 46 |  |  | — |  |  | — |  |  | 174 |
Net other comprehensive (loss)/income | (953 | ) |  | 58 |  |  | 74 |  |  | 4 |  |  | — |  |  | (817 | )
Tax amounts | (18 | ) |  | (10 | ) |  | (18 | ) |  | — |  |  | — |  |  | (46 | )
Balance as of June 16, 2018 (a) | (10,958 | ) |  | 123 |  |  | (2,724 | ) |  | (2 | ) |  | (19 | ) |  | (13,580 | )
Other comprehensive (loss)/income before reclassifications (d) | (730 | ) |  | (11 | ) |  | 16 |  |  | 2 |  |  | — |  |  | (723 | )
Amounts reclassified from accumulated other comprehensive loss | — |  |  | 7 |  |  | 56 |  |  | — |  |  | — |  |  | 63 |
Net other comprehensive (loss)/income | (730 | ) |  | (4 | ) |  | 72 |  |  | 2 |  |  | — |  |  | (660 | )
Tax amounts | 2 |  |  | 3 |  |  | (18 | ) |  | — |  |  | — |  |  | (13 | )
Balance as of September 8, 2018 (a) | $ | (11,686 | ) |  | $ | 122 |  |  | $ | (2,670 | ) |  | $ | — |  |  | $ | (19 | ) |  | $ | (14,253 | )
(a) | Pension and retiree medical amounts are net of taxes of $1,338 million as of December 30, 2017, $1,332 million as of March 24, 2018, $1,314 million as of June 16, 2018 and $1,296 million as of September 8, 2018.
(b) | Currency translation adjustment primarily reflects the appreciation in the Russian ruble and Mexican peso.
(c) | Currency translation adjustment primarily reflects the depreciation in the Russian ruble, Brazilian real and Mexican peso.
(d) | Currency translation adjustment primarily reflects the depreciation in the Russian ruble, Turkish lira and Pound sterling.
| Currency Translation Adjustment |  | Cash Flow Hedges |  | Pension and Retiree Medical |  | Available-For-Sale Securities |  | Other |  | Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 31, 2016 (a) | $ | (11,386 | ) |  | $ | 83 |  |  | $ | (2,645 | ) |  | $ | 64 |  |  | $ | (35 | ) |  | $ | (13,919 | )
Other comprehensive (loss)/income before reclassifications (b) | 513 |  |  | (3 | ) |  | (14 | ) |  | 9 |  |  | — |  |  | 505 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (33 | ) |  | 28 |  |  | — |  |  | — |  |  | (5 | )
Net other comprehensive (loss)/income | 513 |  |  | (36 | ) |  | 14 |  |  | 9 |  |  | — |  |  | 500 |
Tax amounts | 4 |  |  | 9 |  |  | (5 | ) |  | (5 | ) |  | — |  |  | 3 |
Balance as of March 25, 2017 (a) | (10,869 | ) |  | 56 |  |  | (2,636 | ) |  | 68 |  |  | (35 | ) |  | (13,416 | )
Other comprehensive (loss)/income before reclassifications (c) | 297 |  |  | 20 |  |  | (27 | ) |  | 18 |  |  | — |  |  | 308 |
Amounts reclassified from accumulated other comprehensive loss (d) | — |  |  | (53 | ) |  | 32 |  |  | (99 | ) |  | — |  |  | (120 | )
Net other comprehensive (loss)/income | 297 |  |  | (33 | ) |  | 5 |  |  | (81 | ) |  | — |  |  | 188 |
Tax amounts | 21 |  |  | 9 |  |  | (3 | ) |  | 11 |  |  | 16 |  |  | 54 |
Balance as of June 17, 2017 (a) | (10,551 | ) |  | 32 |  |  | (2,634 | ) |  | (2 | ) |  | (19 | ) |  | (13,174 | )
Other comprehensive (loss)/income before reclassifications (e) | 277 |  |  | 53 |  |  | (20 | ) |  | 2 |  |  | — |  |  | 312 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | (97 | ) |  | 35 |  |  | — |  |  | — |  |  | (62 | )
Net other comprehensive (loss)/income | 277 |  |  | (44 | ) |  | 15 |  |  | 2 |  |  | — |  |  | 250 |
Tax amounts | 43 |  |  | 12 |  |  | (6 | ) |  | — |  |  | — |  |  | 49 |
Balance as of September 9, 2017 (a) | $ | (10,231 | ) |  | $ | — |  |  | $ | (2,625 | ) |  | $ | — |  |  | $ | (19 | ) |  | $ | (12,875 | )
(a) | Pension and retiree medical amounts are net of taxes of $1,280 million as of December 31, 2016, $1,275 million as of March 25, 2017, $1,272 million as of June 17, 2017 and $1,266 million as of September 9, 2017.
(b) | Currency translation adjustment primarily reflects the appreciation in the Russian ruble, Egyptian pound and Australian dollar.
(c) | Currency translation adjustment primarily reflects the appreciation in the euro and Russian ruble.
(d) | Available-for-sale securities reflect a reclassification associated with the sale of our minority stake in Britvic.
(e) | Currency translation adjustment primarily reflects the appreciation in the Canadian dollar and euro.
The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:
|  | 12 Weeks Ended |  | 36 Weeks Ended |  |
|  | 9/8/2018 |  |  | 9/9/2017 |  |  | 9/8/2018 |  |  | 9/9/2017 |  |  | Affected Line Item in the Income Statement
Cash flow hedges: |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | $ | (1 | ) |  | $ | — |  |  | $ | (1 | ) |  | $ | — |  |  | Net revenue
Foreign exchange contracts |  | (9 | ) |  | 5 |  |  | 7 |  |  | (6 | ) |  | Cost of sales
Interest rate derivatives |  | 17 |  |  | (102 | ) |  | 72 |  |  | (180 | ) |  | Interest expense
Commodity contracts |  | 1 |  |  | — |  |  | 4 |  |  | 4 |  |  | Cost of sales
Commodity contracts |  | (1 | ) |  | — |  |  | (2 | ) |  | (1 | ) |  | Selling, general and administrative expenses
Net losses/(gains) before tax |  | 7 |  |  | (97 | ) |  | 80 |  |  | (183 | ) |  |
Tax amounts |  | (3 | ) |  | 37 |  |  | (20 | ) |  | 67 |  |  |
Net losses/(gains) after tax |  | $ | 4 |  |  | $ | (60 | ) |  | $ | 60 |  |  | $ | (116 | ) |  |
Pension and retiree medical items: |  |  |  |  |  |  |  |  |  |
Amortization of prior service credits |  | $ | (4 | ) |  | $ | (5 | ) |  | $ | (12 | ) |  | $ | (16 | ) |  | Other pension and retiree medical benefits income
Amortization of net losses |  | 51 |  |  | 38 |  |  | 148 |  |  | 109 |  |  | Other pension and retiree medical benefits income
Settlement losses |  | 9 |  |  | 2 |  |  | 9 |  |  | 2 |  |  | Other pension and retiree medical benefits income
Net losses before tax |  | 56 |  |  | 35 |  |  | 145 |  |  | 95 |  |  |
Tax amounts |  | (12 | ) |  | (10 | ) |  | (32 | ) |  | (28 | ) |  |
Net losses after tax |  | $ | 44 |  |  | $ | 25 |  |  | $ | 113 |  |  | $ | 67 |  |  |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |
Sale of Britvic securities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (99 | ) |  | Selling, general and administrative expenses
Tax amount |  | — |  |  | — |  |  | — |  |  | 10 |  |  |
Net gain after tax |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (89 | ) |  |
Total net losses/(gains) reclassified, net of tax |  | $ | 48 |  |  | $ | (35 | ) |  | $ | 173 |  |  | $ | (138 | ) |  |
Reclassifications out of Accumulated Other Comprehensive Loss | The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:
|  | 12 Weeks Ended |  | 36 Weeks Ended |  |
|  | 9/8/2018 |  |  | 9/9/2017 |  |  | 9/8/2018 |  |  | 9/9/2017 |  |  | Affected Line Item in the Income Statement
Cash flow hedges: |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | $ | (1 | ) |  | $ | — |  |  | $ | (1 | ) |  | $ | — |  |  | Net revenue
Foreign exchange contracts |  | (9 | ) |  | 5 |  |  | 7 |  |  | (6 | ) |  | Cost of sales
Interest rate derivatives |  | 17 |  |  | (102 | ) |  | 72 |  |  | (180 | ) |  | Interest expense
Commodity contracts |  | 1 |  |  | — |  |  | 4 |  |  | 4 |  |  | Cost of sales
Commodity contracts |  | (1 | ) |  | — |  |  | (2 | ) |  | (1 | ) |  | Selling, general and administrative expenses
Net losses/(gains) before tax |  | 7 |  |  | (97 | ) |  | 80 |  |  | (183 | ) |  |
Tax amounts |  | (3 | ) |  | 37 |  |  | (20 | ) |  | 67 |  |  |
Net losses/(gains) after tax |  | $ | 4 |  |  | $ | (60 | ) |  | $ | 60 |  |  | $ | (116 | ) |  |
Pension and retiree medical items: |  |  |  |  |  |  |  |  |  |
Amortization of prior service credits |  | $ | (4 | ) |  | $ | (5 | ) |  | $ | (12 | ) |  | $ | (16 | ) |  | Other pension and retiree medical benefits income
Amortization of net losses |  | 51 |  |  | 38 |  |  | 148 |  |  | 109 |  |  | Other pension and retiree medical benefits income
Settlement losses |  | 9 |  |  | 2 |  |  | 9 |  |  | 2 |  |  | Other pension and retiree medical benefits income
Net losses before tax |  | 56 |  |  | 35 |  |  | 145 |  |  | 95 |  |  |
Tax amounts |  | (12 | ) |  | (10 | ) |  | (32 | ) |  | (28 | ) |  |
Net losses after tax |  | $ | 44 |  |  | $ | 25 |  |  | $ | 113 |  |  | $ | 67 |  |  |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |
Sale of Britvic securities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (99 | ) |  | Selling, general and administrative expenses
Tax amount |  | — |  |  | — |  |  | — |  |  | 10 |  |  |
Net gain after tax |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (89 | ) |  |
Total net losses/(gains) reclassified, net of tax |  | $ | 48 |  |  | $ | (35 | ) |  | $ | 173 |  |  | $ | (138 | ) |  |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580 + Details
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