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Accumulated Other Comprehensive Loss (Tables)
 8 Months Ended
Sep. 07, 2019
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 29, 2018 (a)
$
(11,918
)
 
$
87

 
$
(3,271
)
 
$
2

 
$
(19
)
 
$
(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
)
 
$
2

 
$
(19
)
 
$
(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
)
 
$
3

 
$
(19
)
 
$
(14,984
)
Other comprehensive (loss)/income before reclassifications (d)
(149
)
 
(95
)
 
19

 
(1
)
 
—

 
(226
)
Amounts reclassified from accumulated other comprehensive loss
—

 
43

 
54

 
—

 
—

 
97

Net other comprehensive (loss)/income
(149
)
 
(52
)
 
73

 
(1
)
 
—

 
(129
)
Tax amounts
(10
)
 
14

 
(17
)
 
—

 
—

 
(13
)
Balance as of September 7, 2019 (a)
$
(11,969
)
 
$
16

 
$
(3,156
)
 
$
2

 
$
(19
)
 
$
(15,126
)
(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, $1,454 million as of June 15, 2019 and $1,437 million as of September 7, 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.
(d)
Currency translation adjustment primarily reflects depreciation of the Pound sterling, Russian ruble and Mexican peso.
 
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 appreciation of the Russian ruble and Mexican peso.
(c)
Currency translation adjustment primarily reflects depreciation of the Russian ruble, Brazilian real and Mexican peso.
(d)
Currency translation adjustment primarily reflects depreciation of the Russian ruble, Turkish lira and Pound sterling.
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
 
 
 
 
9/7/2019

 
9/8/2018

 
9/7/2019

 
9/8/2018

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

 
$
(1
)
 
$
1

 
$
(1
)
 
Net revenue
Foreign exchange contracts
 
4

 
(9
)
 
(1
)
 
7

 
Cost of sales
Interest rate derivatives
 
38

 
17

 
54

 
72

 
Interest expense
Commodity contracts
 
—

 
1

 
2

 
4

 
Cost of sales
Commodity contracts
 
1

 
(1
)
 
1

 
(2
)
 
Selling, general and administrative expenses
Net losses before tax
 
43

 
7

 
57

 
80

 
 
Tax amounts
 
(11
)
 
(3
)
 
(13
)
 
(20
)
 
 
Net losses after tax
 
$
32

 
$
4

 
$
44

 
$
60

 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and retiree medical items:
 
 
 
 
 
 
 
 
 
 
Amortization of prior service credits
 
$
(2
)
 
$
(4
)
 
$
(6
)
 
$
(12
)
 
Other pension and retiree medical benefits income
Amortization of net losses
 
38

 
51

 
113

 
148

 
Other pension and retiree medical benefits income
Settlement losses
 
18

 
9

 
18

 
9

 
Other pension and retiree medical benefits income
Net losses before tax
 
54

 
56

 
125

 
145

 
 
Tax amounts
 
(12
)
 
(12
)
 
(27
)
 
(32
)
 
 
Net losses after tax
 
$
42

 
$
44

 
$
98

 
$
113

 
 
 
 
 
 
 
 
 
 
 
 
 
Total net losses reclassified, net of tax
 
$
74

 
$
48

 
$
142

 
$
173