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Basis of Presentation (Tables)

3 Months Ended

Mar. 20, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

Net revenue of each division is as follows:

									12 Weeks Ended
															3/20/2021						3/21/2020
FLNA															$	4,236					$	4,074
QFNA															646						634
PBNA															5,074						4,838
LatAm															1,242						1,310
Europe															1,795						1,839
AMESA (a)															883						631
APAC (b)															944						555
Total															$	14,820					$	13,881

(a)The increase primarily reflects our acquisition of Pioneer Food Group Ltd. (Pioneer Foods). See Note 12 for further information.

(b)The increase primarily reflects our acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). See Note 12 for further information.

Disaggregation of Revenue [Table Text Block]

Our primary performance obligation is the distribution and sales of beverage and food and snack products to our customers. The following tables reflect the approximate percentage of net revenue generated between our beverage business and our food and snack business for each of our international divisions, as well as our consolidated net revenue:

			12 Weeks Ended
			3/20/2021												3/21/2020
			Beverage(a)						Food/Snack						Beverage(a)						Food/Snack
LatAm			10		%				90		%				10		%				90		%
Europe			50		%				50		%				55		%				45		%
AMESA			30		%				70		%				35		%				65		%
APAC			15		%				85		%				20		%				80		%
PepsiCo			45		%				55		%				45		%				55		%

(a)Beverage revenue from company-owned bottlers, which primarily includes our consolidated bottling operations in our PBNA and Europe segments, is approximately 40% of our consolidated net revenue in both the 12 weeks ended March 20, 2021 and March 21, 2020. Generally, our finished goods beverage operations produce higher net revenue but lower operating margins as compared to concentrate sold to authorized bottling partners for the manufacture of finished goods beverages.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

Operating profit of each division is as follows:

									12 Weeks Ended
															3/20/2021						3/21/2020
FLNA															$	1,240					$	1,202
QFNA															150						150
PBNA															366						297
LatAm															218						231
Europe															131						146
AMESA															138						134
APAC															208						142
Total divisions															$	2,451					$	2,302
Corporate unallocated expenses (a)															(139)						(378)
Total															$	2,312					$	1,924

(a)During the 12 weeks ended March 20, 2021, we recorded a pre-tax unrealized gain of $108 million ($82 million after-tax or $0.06 per share) on our short-term investment in a publicly traded company, based on the quoted active market price as of market close on March 19, 2021, the last trading day of our first quarter of 2021. The gain was recorded in selling, general and administrative expenses within corporate unallocated expenses. See Note 9 for further information. We subsequently sold all of these shares during the second quarter of 2021. We will record a related pre-tax loss of $39 million ($30 million after-tax), net of discounts, on the sale in our 12 weeks ending June 12, 2021 in selling, general and administrative expenses within corporate unallocated expenses.

Schedule of Unusual or Infrequent Items, or Both [Table Text Block]

Operating profit includes certain pre-tax charges taken as a result of the COVID-19 pandemic. These pre-tax charges by division are as follows:

			12 Weeks Ended 3/20/2021
			Allowances for Expected Credit Losses(a)						Upfront Payments to Customers(b)						Inventory Write-Downs and Product Returns						Employee Compensation Expense(c)						Employee Protection Costs(d)						Other(e)						Total
FLNA (f)			$	(4)					$	—					$	—					$	18					$	9					$	1					$	24
QFNA			—						—						—						1						1						—						2
PBNA (f)			(4)						1						—						12						5						(1)						13
LatAm			—						—						—						12						2						1						15
Europe			—						—						—						3						3						—						6
AMESA (f)			—						—						(2)						—						—						1						(1)
APAC			—						—						—						—						—						2						2
Total			$	(8)					$	1					$	(2)					$	46					$	20					$	4					$	61

			12 Weeks Ended 3/21/2020
			Allowances for Expected Credit Losses(a)						Upfront Payments to Customers(b)						Inventory Write-Downs and Product Returns(g)																		Other(e)						Total
FLNA			$	21					$	—					$	3																	$	3					$	27
QFNA			2						—						—																		—						2
PBNA			41						44						22																		1						108
Europe			4						—						—																		—						4
APAC			—						—						1																		1						2
Total			$	68					$	44					$	26																	$	5					$	143

(a)Reflects the expected impact of the global economic uncertainty caused by COVID-19, leveraging estimates of creditworthiness and projections of default and recovery rates for certain of our customers, including foodservice and vending businesses.

(b)Relates to promotional spending for which benefit is not expected to be received.

(c)Includes incremental frontline incentive pay, crisis child care and other leave benefits and labor costs.

(d)Includes costs associated with personal protective equipment, temperature scans, cleaning and other sanitization services.

(e)Includes reserves for property, plant and equipment, donations of cash and product and other costs.

(f)Income amounts represent adjustments for changes in estimates of previously recorded amounts.

(g)Includes a reserve for product returns of $7 million.

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