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Restructuring and Impairment Charges (Tables) | 8 Months Ended
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Sep. 03, 2022
2019 Productivity Plan |
Restructuring Cost and Reserve [Line Items] |
Summary of Productivity Plan Activity | The total expected plan pre-tax charges are expected to be incurred by division approximately as follows:
| FLNA |  | QFNA |  | PBNA |  | LatAm |  | Europe |  | AMESA |  | APAC |  | Corporate
Expected pre-tax charges | 15 | % |  | 1 | % |  | 25 | % |  | 10 | % |  | 25 | % |  | 5 | % |  | 4 | % |  | 15 | %
A summary of our 2019 Productivity Plan charges is as follows:
| 12 Weeks Ended |  | 36 Weeks Ended
| 9/3/2022 |  | 9/4/2021 |  | 9/3/2022 |  | 9/4/2021
Cost of sales | $ | 1 |  |  | $ | 9 |  |  | $ | 6 |  |  | $ | 13 |
Selling, general and administrative expenses | 50 |  |  | 42 |  |  | 117 |  |  | 110 |
Other pension and retiree medical benefits expense | — |  |  | 1 |  |  | 3 |  |  | 6 |
Total restructuring and impairment charges | $ | 51 |  |  | $ | 52 |  |  | $ | 126 |  |  | $ | 129 |
After-tax amount | $ | 40 |  |  | $ | 45 |  |  | $ | 101 |  |  | $ | 109 |
Impact on net income attributable to PepsiCo per common share | $ | (0.03) |  |  | $ | (0.03) |  |  | $ | (0.07) |  |  | $ | (0.08) |
| 12 Weeks Ended |  | 36 Weeks Ended |  | Plan to Date
| 9/3/2022 |  | 9/4/2021 |  | 9/3/2022 |  | 9/4/2021 |  | through 9/3/2022
FLNA | $ | 4 |  |  | $ | 2 |  |  | $ | 10 |  |  | $ | 20 |  |  | $ | 174 |
QFNA | 1 |  |  | 1 |  |  | 1 |  |  | 1 |  |  | 13 |
PBNA | 4 |  |  | 3 |  |  | 9 |  |  | 8 |  |  | 167 |
LatAm | 3 |  |  | 14 |  |  | 17 |  |  | 22 |  |  | 156 |
Europe | 21 |  |  | 20 |  |  | 40 |  |  | 46 |  |  | 274 |
AMESA | — |  |  | 5 |  |  | 5 |  |  | 9 |  |  | 75 |
APAC | 4 |  |  | 1 |  |  | 8 |  |  | 2 |  |  | 69 |
Corporate | 14 |  |  | 5 |  |  | 33 |  |  | 15 |  |  | 172 |
| 51 |  |  | 51 |  |  | 123 |  |  | 123 |  |  | 1,100 |
Other pension and retiree medical benefits expense | — |  |  | 1 |  |  | 3 |  |  | 6 |  |  | 70 |
Total | $ | 51 |  |  | $ | 52 |  |  | $ | 126 |  |  | $ | 129 |  |  | $ | 1,170 |
| 12 Weeks Ended |  | 36 Weeks Ended |  | Plan to Date
| 9/3/2022 |  | 9/4/2021 |  | 9/3/2022 |  | 9/4/2021 |  | through 9/3/2022
Severance and other employee costs | $ | 10 |  |  | $ | 28 |  |  | $ | 41 |  |  | $ | 77 |  |  | $ | 605 |
Asset impairments | 7 |  |  | 3 |  |  | 7 |  |  | 4 |  |  | 164 |
Other costs | 34 |  |  | 21 |  |  | 78 |  |  | 48 |  |  | 401 |
Total | $ | 51 |  |  | $ | 52 |  |  | $ | 126 |  |  | $ | 129 |  |  | $ | 1,170 |
A summary of our 2019 Productivity Plan activity for the 36 weeks ended September 3, 2022 is as follows:
| Severance and Other Employee Costs |  | Asset Impairments |  | Other Costs |  | Total
Liability as of December 25, 2021 | $ | 64 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 71 |
2022 restructuring charges | 41 |  |  | 7 |  |  | 78 |  |  | 126 |
Cash payments | (55) |  |  | — |  |  | (79) |  |  | (134) |
Non-cash charges and translation | (6) |  |  | (7) |  |  | — |  |  | (13) |
Liability as of September 3, 2022 | $ | 44 |  |  | $ | — |  |  | $ | 6 |  |  | $ | 50 |

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