XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.21.2

Intangible Assets | 8 Months Ended
--- | ---
Sep. 04, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets A summary of our amortizable intangible assets is as follows:
|  | 9/4/2021 |  | 12/26/2020
|  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Acquired franchise rights |  | $ | 981 |  |  | $ | (184) |  |  | $ | 797 |  |  | $ | 976 |  |  | $ | (173) |  |  | $ | 803 |
Customer relationships |  | 638 |  |  | (222) |  |  | 416 |  |  | 642 |  |  | (204) |  |  | 438 |
Brands (a) |  | 1,164 |  |  | (992) |  |  | 172 |  |  | 1,348 |  |  | (1,099) |  |  | 249 |
Other identifiable intangibles |  | 456 |  |  | (257) |  |  | 199 |  |  | 474 |  |  | (261) |  |  | 213 |
Total |  | $ | 3,239 |  |  | $ | (1,655) |  |  | $ | 1,584 |  |  | $ | 3,440 |  |  | $ | (1,737) |  |  | $ | 1,703 |
(a)The change primarily reflects assets reclassified as held for sale in connection with our agreement to sell certain juice brands. See Note 12 for further information. The change in the book value of indefinite-lived intangible assets is as follows:
| Balance 12/26/2020 |  | Acquisitions/(Divestitures) |  | Translation and Other |  | Balance 9/4/2021
FLNA (a) |  |  |  |  |  |  |
Goodwill | $ | 465 |  |  | $ | (8) |  |  | $ | 4 |  |  | $ | 461 |
Brands | 340 |  |  | — |  |  | 1 |  |  | 341 |
Total | 805 |  |  | (8) |  |  | 5 |  |  | 802 |
QFNA |  |  |  |  |  |  |
Goodwill | 189 |  |  | — |  |  | — |  |  | 189 |
Total | 189 |  |  | — |  |  | — |  |  | 189 |
PBNA (b) |  |  |  |  |  |  |
Goodwill | 12,189 |  |  | (216) |  |  | 11 |  |  | 11,984 |
Reacquired franchise rights | 7,107 |  |  | — |  |  | 18 |  |  | 7,125 |
Acquired franchise rights | 1,536 |  |  | 1 |  |  | 4 |  |  | 1,541 |
Brands (c) | 3,122 |  |  | (290) |  |  | (324) |  |  | 2,508 |
Total | 23,954 |  |  | (505) |  |  | (291) |  |  | 23,158 |
LatAm |  |  |  |  |  |  |
Goodwill | 458 |  |  | — |  |  | (10) |  |  | 448 |
Brands | 108 |  |  | — |  |  | (3) |  |  | 105 |
Total | 566 |  |  | — |  |  | (13) |  |  | 553 |
Europe (b) |  |  |  |  |  |  |
Goodwill | 3,806 |  |  | (28) |  |  | (9) |  |  | 3,769 |
Reacquired franchise rights | 496 |  |  | (24) |  |  | (10) |  |  | 462 |
Acquired franchise rights | 172 |  |  | — |  |  | (6) |  |  | 166 |
Brands (c) | 4,072 |  |  | — |  |  | 278 |  |  | 4,350 |
Total | 8,546 |  |  | (52) |  |  | 253 |  |  | 8,747 |
AMESA |  |  |  |  |  |  |
Goodwill | 1,096 |  |  | (2) |  |  | 27 |  |  | 1,121 |
Brands | 214 |  |  | — |  |  | 10 |  |  | 224 |
Total | 1,310 |  |  | (2) |  |  | 37 |  |  | 1,345 |
APAC |  |  |  |  |  |  |
Goodwill | 554 |  |  | 3 |  |  | 2 |  |  | 559 |
Brands (c) | 445 |  |  | — |  |  | 24 |  |  | 469 |
Total | 999 |  |  | 3 |  |  | 26 |  |  | 1,028 |
Total goodwill | 18,757 |  |  | (251) |  |  | 25 |  |  | 18,531 |
Total reacquired franchise rights | 7,603 |  |  | (24) |  |  | 8 |  |  | 7,587 |
Total acquired franchise rights | 1,708 |  |  | 1 |  |  | (2) |  |  | 1,707 |
Total brands | 8,301 |  |  | (290) |  |  | (14) |  |  | 7,997 |
Total | $ | 36,369 |  |  | $ | (564) |  |  | $ | 17 |  |  | $ | 35,822 |
(a)The change in acquisitions/divestitures primarily reflects our acquisition of BFY Brands, Inc. (BFY Brands). (b)The change in acquisitions/divestitures primarily reflects assets reclassified as held for sale in connection with our agreement to sell certain juice brands. See Note 12 for further information. (c)The change in translation and other primarily reflects the allocation of the Rockstar Energy Beverages (Rockstar) brand to the respective divisions, which was finalized in the second quarter of 2021 as part of purchase price allocation.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration