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Acquisitions & Divestitures (Tables)
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Acquisitions & Divestitures [Abstract]    
Business Combination, Separately Recognized Transactions
A summary of our acquisition and divestiture-related charges is as follows:
202120202019
Cost of sales$1 $32 $34 
Selling, general and administrative expenses (a)
(5)223 21 
Total$(4)$255 $55 
After-tax amount (b)
$(27)$237 $47 
Impact on net income attributable to PepsiCo per common share$0.02 $(0.17)$(0.03)
(a)The income amount primarily relates to the acceleration payment made in the fourth quarter of 2021 under the contingent consideration arrangement associated with our acquisition of Rockstar, which is partially offset by other acquisition and divestiture-related charges.
(b)In 2021, includes a tax benefit related to contributions to socioeconomic programs in South Africa.
Acquisition and divestiture-related charges by division are as follows:
202120202019Transaction
FLNA$2 $29 $— BFY Brands
PBNA11 66 — Juice Transaction, Rockstar
Europe8 — 46 Juice Transaction, SodaStream International Ltd.
AMESA10 173 
Pioneer Foods
APAC4 — Be & Cheery
Corporate (a)
(39)(20)Rockstar, Juice Transaction
Total$(4)$255 $55 
(a)In 2021, the income amount primarily relates to the acceleration payment made in the fourth quarter of 2021 under the contingent consideration arrangement associated with our acquisition of Rockstar, which is partially offset by divestiture-related charges associated with the Juice Transaction. In 2020, the income amount primarily relates to the change in the fair value of the Rockstar contingent consideration.
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]   The fair value of identifiable assets acquired and liabilities assumed in the acquisitions of Pioneer Foods, Rockstar and Be & Cheery and the resulting goodwill as of the respective acquisition dates is summarized as follows:
Pioneer FoodsRockstarBe & Cheery
Acquisition dateMarch 23, 2020April 24, 2020June 1, 2020
Inventories$229 $52 $45 
Property, plant and equipment379 60 
Amortizable intangible assets52 — 98 
Nonamortizable intangible assets183 2,400 309 
Other assets and liabilities(53)(9)(24)
Net deferred income taxes(117)— (99)
Noncontrolling interest(5)— — 
Total identifiable net assets668 2,451 389 
Goodwill558 2,278 309 
Total purchase price$1,226 $4,729 $698