XML 57 R40.htm IDEA: XBRL DOCUMENT
v3.22.4

Acquisitions & Divestitures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 25, 2021
Acquisitions & Divestitures [Abstract] |  |
Business Combination, Separately Recognized Transactions | A summary of our acquisition and divestiture-related charges is as follows:
| 2022 |  | 2021 |  | 2020
Cost of sales | $ | — |  |  | $ | 1 |  |  | $ | 32 |
Selling, general and administrative expenses (a) | 74 |  |  | (5) |  |  | 223 |
Other pension and retiree medical benefits expense | 6 |  |  | — |  |  | — |
Total | $ | 80 |  |  | $ | (4) |  |  | $ | 255 |
After-tax amount (b) | $ | 66 |  |  | $ | (27) |  |  | $ | 237 |
Impact on net income attributable to PepsiCo per common share | $ | (0.05) |  |  | $ | 0.02 |  |  | $ | (0.17) |
(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.
| 2022 |  | 2021 |  | 2020 |  | Transaction
FLNA | $ | — |  |  | $ | 2 |  |  | $ | 29 |  |  | BFY Brands
PBNA | 51 |  |  | 11 |  |  | 66 |  |  | Juice Transaction, Rockstar
Europe | 14 |  |  | 8 |  |  | — |  |  | Juice Transaction
AMESA | 3 |  |  | 10 |  |  | 173 |  |  | Pioneer Foods, Other
APAC | — |  |  | 4 |  |  | 7 |  |  | Be & Cheery
Corporate (a) | 6 |  |  | (39) |  |  | (20) |  |  | Juice Transaction, Rockstar
Total | 74 |  |  | (4) |  |  | 255 |  |  |
Other pension and retiree medical benefits expense | 6 |  |  | — |  |  | — |  |  | Juice Transaction
Total acquisition and divestiture-related charges | $ | 80 |  |  | $ | (4) |  |  | $ | 255 |  |  |
(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 Foods |  | Rockstar |  | Be & Cheery
Acquisition date | March 23, 2020 |  | April 24, 2020 |  | June 1, 2020
Inventories | $ | 229 |  |  | $ | 52 |  |  | $ | 45 |
Property, plant and equipment | 379 |  |  | 8 |  |  | 60 |
Amortizable intangible assets | 52 |  |  | — |  |  | 98 |
Nonamortizable intangible assets | 183 |  |  | 2,400 |  |  | 309 |
Other assets and liabilities | (53) |  |  | (9) |  |  | (24) |
Net deferred income taxes | (117) |  |  | — |  |  | (99) |
Noncontrolling interest | (5) |  |  | — |  |  | — |
Total identifiable net assets | 668 |  |  | 2,451 |  |  | 389 |
Goodwill | 558 |  |  | 2,278 |  |  | 309 |
Total purchase price | $ | 1,226 |  |  | $ | 4,729 |  |  | $ | 698 |

X
- Definition Acquisitions & Divestitures [Abstract] + References No definition available. + Details
Name: | pep_AcquisitionsDivestituresAbstract
Namespace Prefix: | pep_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of transactions that are recognized separately from the acquisition of assets and assumptions of liabilities in the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationSeparatelyRecognizedTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration