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Pension and Retiree Medical Benefits - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025
Domestic Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 200	$ 250
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 52	$ 29

- Definition

Amount of contribution received by defined benefit plan from employer which increases plan assets.

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Recently Issued Accounting Pronouncements (Notes)	6 Months Ended
Recently Issued Accounting Pronouncements (Notes)	Jun. 13, 2026
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Adopted In July 2025, the Financial Accounting Standards Board (FASB) issued guidance to provide for a practical expedient that an entity may assume that conditions as of the balance sheet date remain unchanged over the remaining life of the asset when estimating expected credit losses for current accounts receivable and current contract assets arising from revenue transactions from contracts with customers. We adopted the guidance in the first quarter of 2026, on a prospective basis. The adoption did not have a material impact on our condensed consolidated financial statements. Not Yet Adopted In September 2025, the FASB issued guidance to improve the accounting for costs related to internal-use software. The new guidance eliminates project stages and requires capitalizing software costs to begin when (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed and the software will be used to perform the function intended. When evaluating if a project is probable to be completed, significant development uncertainty must be assessed. Additionally, disclosures for property, plant and equipment will be required for all capitalized software costs. The guidance is effective in the first quarter of 2028 with early adoption permitted as of the beginning of an annual reporting period. Upon adoption, the guidance may be applied prospectively, retrospectively or using a modified transition approach. We are evaluating the impact of this guidance on our consolidated financial statements. In November 2024, the FASB issued guidance to improve the disclosure of expenses in commonly presented expense captions. The new guidance requires a public entity to provide tabular disclosure, on an annual and interim basis, of amounts for the following expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation and (4) intangible asset amortization, as included in each relevant expense caption. A relevant expense caption is an expense caption presented on the face of the income statement that contains any of the expense categories noted. Additionally, on an annual and interim basis, a qualitative description is required for amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. The guidance also requires certain amounts that are currently required to be disclosed to be included in the same tabular disclosure as these disaggregation requirements. Furthermore, on an annual and interim basis, a public entity is required to separately disclose selling expenses and annually, disclose a description of the selling expenses. The guidance is effective for 2027 annual reporting, and in the first quarter of 2028 for interim reporting, with early adoption permitted, to be applied on a prospective basis, with retrospective application permitted. We will adopt the guidance when it becomes effective, in our 2027 annual reporting and each quarter thereafter, on a prospective basis.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

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+ Details

Basis of Presentation and Our Divisions

6 Months Ended

Jun. 13, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation and Other Divisions

Basis of Presentation and Our Segments

Basis of Presentation

When used in this report, the terms “we,” “us,” “our,” “PepsiCo” and the “Company” mean PepsiCo, Inc. and its consolidated subsidiaries, collectively.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP) for interim financial information and with the rules and regulations for reporting the Quarterly Report on Form 10-Q (Form 10-Q). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. We have subsidiaries operating in highly inflationary economies, such as Argentina, Egypt and Turkey, and accordingly apply highly inflationary accounting for these subsidiaries. The condensed consolidated balance sheet at December 27, 2025 has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by GAAP for complete financial statements. These financial statements have been prepared on a basis that is substantially consistent with the accounting principles applied in our Annual Report on Form 10-K for the fiscal year ended December 27, 2025 (2025 Form 10-K). This report should be read in conjunction with our 2025 Form 10-K. In our opinion, these financial statements include all normal and recurring adjustments necessary for a fair presentation. The results for the 12 and 24 weeks ended June 13, 2026 are not necessarily indicative of the results expected for any future period or the full year.

Raw materials, direct labor and plant overhead, as well as purchasing and receiving costs, costs directly related to production planning, inspection costs and raw materials handling facilities, are included in cost of sales. The costs of moving, storing and delivering finished product, including merchandising activities, are included in selling, general and administrative expenses.

While our financial results in the United States and Canada (North America) are reported on a 12-week basis, all of our international operations are reported on a monthly calendar basis for which the months of March, April and May are reflected in our results for the 12 weeks ended June 13, 2026 and June 14, 2025 and the months of January through May are reflected in our results for the 24 weeks ended June 13, 2026 and June 14, 2025.

The preparation of our condensed consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and related disclosures. Additionally, the business and economic uncertainty resulting from volatile geopolitical conditions, an increasingly complex global tax environment, including changes in how existing laws are interpreted or enforced, expanded or retaliatory tariffs and changes in the interest rate and inflationary cost environment have made such estimates and assumptions more difficult to calculate. Accordingly, actual results and outcomes could differ from those estimates.

Our significant interim accounting policies include the recognition of a pro rata share of certain estimated annual sales incentives and certain advertising and marketing costs in proportion to revenue or volume, as applicable, and the recognition of income taxes using an estimated annual effective tax rate.

Unless otherwise noted, tabular dollars are in millions, except per share amounts. All per share amounts reflect common per share amounts, assume dilution unless otherwise noted, and are based on unrounded amounts. Certain reclassifications were made to the prior year’s financial statements to conform to the current year presentation.

Our Segments

We are organized into six reportable segments, as follows:

1)PepsiCo Foods North America (PFNA), which includes all of our convenient food businesses in the United States and Canada;

2)PepsiCo Beverages North America (PBNA), which includes all of our beverage businesses in the United States and Canada;

3)International Beverages Franchise (IB Franchise), which includes our international franchise beverage businesses, as well as our SodaStream business;

4)Europe, Middle East and Africa (EMEA), which includes our convenient food businesses and our beverage businesses with company-owned bottlers in Europe, the Middle East and Africa;

5)Latin America Foods (LatAm Foods), which includes all of our convenient food businesses in Latin America; and

6)Asia Pacific Foods, which consists of our convenient food businesses in Asia Pacific, including China, Australia and New Zealand, as well as India.

Net Revenue, Significant Expenses and Operating Profit/(Loss) by Segment


	12 Weeks Ended 6/13/2026
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	6,368	$	7,243	$	1,523	$	4,983	$	2,940	$	1,124	$	24,181
Segment cost of sales (a)	2,498		3,420		437		2,839		1,179		690
Segment selling, general and administrative expenses (a)	2,501		2,831		448		1,377		1,141		300
Restructuring and impairment charges (b)	26		(15)		1		16		4		7
Acquisition and divestiture-related charges/credits (c)	1		(46)		—		—		—		—


Segment operating profit	$	1,342	$	1,053	$	637	$	751	$	616	$	127	$	4,526
Corporate unallocated expenses													(503)
Operating profit													4,023
Other pension and retiree medical benefits income													59
Net interest expense and other													(230)
Income before income taxes													$	3,852


	12 Weeks Ended 6/14/2025
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	6,476	$	6,796	$	1,368	$	4,536	$	2,548	$	1,002	$	22,726
Segment cost of sales (a)	2,471		2,990		400		2,638		1,074		627
Segment selling, general and administrative expenses (a)	2,517		2,812		430		1,241		929		282
Restructuring and impairment charges (b)	91		48		3		36		12		3
Acquisition and divestiture-related charges/credits (c)	6		56		—		—		—		—
Impairment and other charges (d)	—		1,529		—		251		—		80

Segment operating profit/(loss)	$	1,391	$	(639)	$	535	$	370	$	533	$	10	$	2,200
Corporate unallocated expenses													(411)
Operating profit													1,789
Other pension and retiree medical benefits income													42
Net interest expense and other													(260)
Income before income taxes													$	1,571


	24 Weeks Ended 6/13/2026
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	12,700	$	13,634	$	2,347	$	7,806	$	4,874	$	2,263	$	43,624
Segment cost of sales (a)	4,890		6,412		671		4,512		1,959		1,347
Segment selling, general and administrative expenses (a)	4,936		5,591		710		2,226		1,864		564
Restructuring and impairment charges (b)	101		2		8		39		7		8
Acquisition and divestiture-related charges/credits (c)	2		(160)		—		—		—		—


Segment operating profit	$	2,771	$	1,789	$	958	$	1,029	$	1,044	$	344	$	7,935
Corporate unallocated expenses													(699)
Operating profit													7,236
Other pension and retiree medical benefits income													117
Net interest expense and other													(531)
Income before income taxes													$	6,822


	24 Weeks Ended 6/14/2025
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	12,689	$	12,672	$	2,127	$	6,924	$	4,209	$	2,024	$	40,645
Segment cost of sales (a)	4,819		5,649		612		4,045		1,772		1,239
Segment selling, general and administrative expenses (a)	4,807		5,434		698		1,989		1,541		531
Restructuring and impairment charges (b)	115		173		5		49		19		4
Acquisition and divestiture-related charges/credits (c)	21		66		—		—		—		—
Impairment and other charges (d)	—		1,529		—		251		—		80


Segment operating profit/(loss)	$	2,927	$	(179)	$	812	$	590	$	877	$	170	$	5,197
Corporate unallocated expenses													(825)
Operating profit													4,372
Other pension and retiree medical benefits income													65
Net interest expense and other													(524)
Income before income taxes													$	3,913

(a)Does not include items recorded in the cost of sales or selling, general and administrative expenses lines on our income statement that are presented in the restructuring and impairment charges, acquisition and divestiture-related charges/credits and impairment and other charges lines of these tables.

(b)See Note 3 for further information related to restructuring and impairment charges. Income amount represents adjustments for changes in estimates of previously recorded amounts.

(c)See Note 11 for further information related to acquisition and divestiture-related charges/credits.

(d)In the 12 and 24 weeks ended June 14, 2025, we recorded pre-tax charges of $1,860 million ($1,447 million after-tax or $1.05 per share), of which $1,780 million is related to the impairment of the Rockstar brand in our PBNA and EMEA segments. The remaining $80 million is related to the impairment of the Be & Cheery brand in our Asia Pacific Foods segment. See Note 4 for further information.

Disaggregation of Net Revenue

Our primary performance obligation is the distribution and sales of beverage and convenient food products to our customers. The following tables reflect the percentage of net revenue generated between our beverage business and our convenient food business:


	12 Weeks Ended
	6/13/2026				6/14/2025
	Beverages(a)		Convenient Foods		Beverages(a)		Convenient Foods




North America	53	%	47	%	51	%	49	%
International (b)	32	%	68	%	33	%	67	%
PepsiCo	44	%	56	%	43	%	57	%


	24 Weeks Ended
	6/13/2026				6/14/2025
	Beverages(a)		Convenient Foods		Beverages(a)		Convenient Foods




North America	52	%	48	%	50	%	50	%
International (b)	30	%	70	%	31	%	69	%
PepsiCo	43	%	57	%	43	%	57	%

(a)Beverage revenue from company-owned bottlers, which includes our consolidated bottling operations in our PBNA and EMEA segments, was 36% of our consolidated net revenue in each of the 12 and 24 weeks ended June 13, 2026 and June 14, 2025. 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.

(b)Beverage and convenient foods revenue generated from our EMEA segment was 37% and 63% of EMEA net revenue, respectively, in the 12 weeks ended June 13, 2026, 38% and 62% of EMEA net revenue, respectively, in the 12 weeks ended June 14, 2025 and 36% and 64% of EMEA net revenue, respectively, in each of the 24 weeks ended June 13, 2026 and June 14, 2025.

Other Segment Information

Capital spending and depreciation and amortization of each segment are as follows:


	12 Weeks Ended
	Capital Spending(a)				Depreciation and Amortization
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	211	$	230	$	229	$	230
PBNA	261		283		275		241
IB Franchise	20		30		28		27
EMEA	151		137		160		135
LatAm Foods	107		115		123		100
Asia Pacific Foods	35		68		42		38
Total segment	785		863		857		771
Corporate	34		41		40		36
Total	$	819	$	904	$	897	$	807


	24 Weeks Ended
	Capital Spending(a)				Depreciation and Amortization
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	321	$	425	$	456	$	440
PBNA	444		531		527		494
IB Franchise	29		46		46		46
EMEA	217		187		261		216
LatAm Foods	148		161		203		162
Asia Pacific Foods	51		92		70		61
Total segment	1,210		1,442		1,563		1,419
Corporate	56		65		76		72
Total	$	1,266	$	1,507	$	1,639	$	1,491

(a)Asset and other balance sheet information for segments is not provided to our chief operating decision maker.

Accumulated Other Comprehensive Loss Attributable to Pepsico Reclassification of Accumulated Other Comprehensive Loss to the Condensed Consolidated Statement of Income (PRM) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 13, 2026	Mar. 21, 2026	Jun. 14, 2025	Mar. 22, 2025	Jun. 13, 2026	Jun. 14, 2025
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains after tax	$ (31)		$ (40)		$ (60)	$ (62)
Amortization of net prior service cost/(credits)	(1)		1		(2)	1
Amortization of net losses	(21)		(20)		(39)	(37)
Other Comprehensive Income (Loss), Defined Benefit Plan, Settlement and Curtailment Gain (Loss), before Tax	0		(1)		0	(1)
Net losses before tax	(22)	$ (19)	(18)	$ (17)	(41)	(35)
Tax amounts	5		4		9	8
Net losses after tax	(17)		(14)		(32)	(27)
Total net gains reclassified, net of tax	14		26		28	35
Net gains before tax	52	$ 37	53	$ 31	89	84
Cross-currency contracts \| Cash flow hedges: \| Selling, General and Administrative Expenses - AOCL
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	5		34		(5)	55
Foreign exchange contracts \| Cash flow hedges: \| Income Statement Location [Axis]: us-gaap:CostOfGoodsAndServicesSold
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	(16)		6		(30)	22
Foreign exchange contracts \| Cash flow hedges: \| Income Statement Location [Axis]: us-gaap:Revenues
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	$ 0		$ 2		$ 0	$ 2

Debt Obligations - Summary of Senior Notes - Euro (Details) € in Millions	Jun. 13, 2026 EUR (€)
Notes Due 2028 \| Floating Rate Notes Due 2028
Debt Instrument [Line Items]
Debt Instrument, Face Amount	€ 500
Notes Due 2034 \| 3.300% Notes due February 2034
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.30%
Debt Instrument, Face Amount	€ 650
Notes Due 2038 \| 3.700% Notes Due February 2038 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.70%
Debt Instrument, Face Amount	€ 850
Notes Due 2047 \| 4.150% Notes due February 2047 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.15%
Debt Instrument, Face Amount	€ 500

Debt Obligations

6 Months Ended

Jun. 13, 2026

Debt Disclosure [Abstract]

Debt Disclosure

Debt Obligations

In the 24 weeks ended June 13, 2026, we issued the following notes:


Interest Rate		Maturity Date	Principal Amount(a) (b)
Floating Rate		February 2028	€500
3.300	%	February 2034	€650
3.700	%	February 2038	€850
4.150	%	February 2047	€500

(a)Excludes debt issuance costs, discounts and premiums.

(b)These notes, issued in euros, were designated as net investment hedges to partially offset the effects of foreign currency on our investments in certain of our foreign subsidiaries.

The net proceeds from the issuances of the above notes were used for general corporate purposes, including the repayment of commercial paper.

In the 24 weeks ended June 13, 2026, $1.6 billion of U.S. dollar-denominated senior notes and €0.5 billion of euro-denominated senior notes matured and were paid.

As of June 13, 2026, we had $6.1 billion of commercial paper outstanding, excluding discounts.

In the 12 and 24 weeks ended June 13, 2026, we entered into a new five-year unsecured revolving credit agreement (2026 Five-Year Credit Agreement), which expires on May 22, 2031. The 2026 Five-Year Credit Agreement enables us and our borrowing subsidiaries to borrow up to $5.0 billion in U.S. dollars and/or euros, including a $1.2 billion swing line subfacility for euro-denominated borrowings permitted to be borrowed on a same-day basis, subject to customary terms and conditions. We may request that commitments under this agreement be increased up to $5.75 billion (or the equivalent amount in euros). Additionally, we may, up to two times during the term of the 2026 Five-Year Credit Agreement, request renewal of the agreement for an additional one-year period. The 2026 Five-Year Credit Agreement replaced our $5.0 billion five-year credit agreement, dated as of May 23, 2025.

Also in the 12 and 24 weeks ended June 13, 2026, we entered into a new 364-day unsecured revolving credit agreement (2026 364-Day Credit Agreement), which expires on May 21, 2027. The 2026 364-Day Credit Agreement enables us and our borrowing subsidiaries to borrow up to $5.0 billion in U.S. dollars and/or euros, subject to customary terms and conditions. We may request that commitments under this agreement be increased up to $5.75 billion (or the equivalent amount in euros). We may request renewal of this facility for an additional 364-day period or convert any amounts outstanding into a term loan for a period of up to one year, which term loan would mature no later than the anniversary of the then effective termination date. The 2026 364-Day Credit Agreement replaced our $5.0 billion 364-day credit agreement, dated as of May 23, 2025.

Funds borrowed under the 2026 Five-Year Credit Agreement and the 2026 364-Day Credit Agreement may be used for general corporate purposes. Subject to certain conditions, we may borrow, prepay and reborrow amounts under these agreements. As of June 13, 2026, there were no outstanding borrowings under the 2026 Five-Year Credit Agreement or the 2026 364-Day Credit Agreement.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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+ Details

Basis of Presentation and Our Divisions (Tables)

6 Months Ended

Jun. 13, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Segment Reporting

Net Revenue, Significant Expenses and Operating Profit/(Loss) by Segment


	12 Weeks Ended 6/13/2026
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	6,368	$	7,243	$	1,523	$	4,983	$	2,940	$	1,124	$	24,181
Segment cost of sales (a)	2,498		3,420		437		2,839		1,179		690
Segment selling, general and administrative expenses (a)	2,501		2,831		448		1,377		1,141		300
Restructuring and impairment charges (b)	26		(15)		1		16		4		7
Acquisition and divestiture-related charges/credits (c)	1		(46)		—		—		—		—


Segment operating profit	$	1,342	$	1,053	$	637	$	751	$	616	$	127	$	4,526
Corporate unallocated expenses													(503)
Operating profit													4,023
Other pension and retiree medical benefits income													59
Net interest expense and other													(230)
Income before income taxes													$	3,852


	12 Weeks Ended 6/14/2025
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	6,476	$	6,796	$	1,368	$	4,536	$	2,548	$	1,002	$	22,726
Segment cost of sales (a)	2,471		2,990		400		2,638		1,074		627
Segment selling, general and administrative expenses (a)	2,517		2,812		430		1,241		929		282
Restructuring and impairment charges (b)	91		48		3		36		12		3
Acquisition and divestiture-related charges/credits (c)	6		56		—		—		—		—
Impairment and other charges (d)	—		1,529		—		251		—		80

Segment operating profit/(loss)	$	1,391	$	(639)	$	535	$	370	$	533	$	10	$	2,200
Corporate unallocated expenses													(411)
Operating profit													1,789
Other pension and retiree medical benefits income													42
Net interest expense and other													(260)
Income before income taxes													$	1,571


	24 Weeks Ended 6/13/2026
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	12,700	$	13,634	$	2,347	$	7,806	$	4,874	$	2,263	$	43,624
Segment cost of sales (a)	4,890		6,412		671		4,512		1,959		1,347
Segment selling, general and administrative expenses (a)	4,936		5,591		710		2,226		1,864		564
Restructuring and impairment charges (b)	101		2		8		39		7		8
Acquisition and divestiture-related charges/credits (c)	2		(160)		—		—		—		—


Segment operating profit	$	2,771	$	1,789	$	958	$	1,029	$	1,044	$	344	$	7,935
Corporate unallocated expenses													(699)
Operating profit													7,236
Other pension and retiree medical benefits income													117
Net interest expense and other													(531)
Income before income taxes													$	6,822


	24 Weeks Ended 6/14/2025
	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Total
Net revenue	$	12,689	$	12,672	$	2,127	$	6,924	$	4,209	$	2,024	$	40,645
Segment cost of sales (a)	4,819		5,649		612		4,045		1,772		1,239
Segment selling, general and administrative expenses (a)	4,807		5,434		698		1,989		1,541		531
Restructuring and impairment charges (b)	115		173		5		49		19		4
Acquisition and divestiture-related charges/credits (c)	21		66		—		—		—		—
Impairment and other charges (d)	—		1,529		—		251		—		80


Segment operating profit/(loss)	$	2,927	$	(179)	$	812	$	590	$	877	$	170	$	5,197
Corporate unallocated expenses													(825)
Operating profit													4,372
Other pension and retiree medical benefits income													65
Net interest expense and other													(524)
Income before income taxes													$	3,913

(b)See Note 3 for further information related to restructuring and impairment charges. Income amount represents adjustments for changes in estimates of previously recorded amounts.

(c)See Note 11 for further information related to acquisition and divestiture-related charges/credits.

Summary of Segment Reporting Information by Percentage of Disaggregated Net Revenue

Disaggregation of Net Revenue


	12 Weeks Ended
	6/13/2026				6/14/2025
	Beverages(a)		Convenient Foods		Beverages(a)		Convenient Foods




North America	53	%	47	%	51	%	49	%
International (b)	32	%	68	%	33	%	67	%
PepsiCo	44	%	56	%	43	%	57	%


	24 Weeks Ended
	6/13/2026				6/14/2025
	Beverages(a)		Convenient Foods		Beverages(a)		Convenient Foods




North America	52	%	48	%	50	%	50	%
International (b)	30	%	70	%	31	%	69	%
PepsiCo	43	%	57	%	43	%	57	%

Schedule Of Segment Reporting Information By Capital Spending, Amortization Of Intangible Assets And Depreciation And Other Amortization

Other Segment Information

Capital spending and depreciation and amortization of each segment are as follows:


	12 Weeks Ended
	Capital Spending(a)				Depreciation and Amortization
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	211	$	230	$	229	$	230
PBNA	261		283		275		241
IB Franchise	20		30		28		27
EMEA	151		137		160		135
LatAm Foods	107		115		123		100
Asia Pacific Foods	35		68		42		38
Total segment	785		863		857		771
Corporate	34		41		40		36
Total	$	819	$	904	$	897	$	807


	24 Weeks Ended
	Capital Spending(a)				Depreciation and Amortization
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	321	$	425	$	456	$	440
PBNA	444		531		527		494
IB Franchise	29		46		46		46
EMEA	217		187		261		216
LatAm Foods	148		161		203		162
Asia Pacific Foods	51		92		70		61
Total segment	1,210		1,442		1,563		1,419
Corporate	56		65		76		72
Total	$	1,266	$	1,507	$	1,639	$	1,491

(a)Asset and other balance sheet information for segments is not provided to our chief operating decision maker.

- Definition

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
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-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
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-Publisher FASB
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Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details

Debt Obligations (Tables)

6 Months Ended

Jun. 13, 2026

Debt Disclosure [Abstract]

Schedule of Debt Issuances

In the 24 weeks ended June 13, 2026, we issued the following notes:


Interest Rate		Maturity Date	Principal Amount(a) (b)
Floating Rate		February 2028	€500
3.300	%	February 2034	€650
3.700	%	February 2038	€850
4.150	%	February 2047	€500

(a)Excludes debt issuance costs, discounts and premiums.

(b)These notes, issued in euros, were designated as net investment hedges to partially offset the effects of foreign currency on our investments in certain of our foreign subsidiaries.

Intangible Assets - Impairment of Intangible Assets (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

6 Months Ended

Jun. 14, 2025

Jun. 13, 2026

Indefinite-lived Intangible Assets [Line Items]

Intangible Asset [Text Block]

Intangible Assets

A summary of our amortizable intangible assets is as follows:


	6/13/2026						12/27/2025
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights	$	831	$	(250)	$	581	$	835	$	(244)	$	591
Customer relationships	782		(372)		410		773		(347)		426
Brands	1,086		(1,027)		59		1,084		(1,021)		63
Other identifiable intangibles	434		(297)		137		433		(294)		139
Total	$	3,133	$	(1,946)	$	1,187	$	3,125	$	(1,906)	$	1,219

The components of indefinite-lived intangible assets are as follows:


	6/13/2026		12/27/2025
Goodwill (a)	$	19,093	$	18,916
Other indefinite-lived intangible assets
Reacquired franchise rights	7,532		7,542
Acquired franchise rights (b)	2,239		2,099
Brands	4,219		4,206
Total indefinite-lived intangible assets	$	33,083	$	32,763

(a)Increase primarily reflects appreciation of the Russian ruble and South African rand.

(b)Increase is primarily related to acquired distribution rights for the Alani Nu brand.

During the 12 weeks ended June 14, 2025, business performance in conjunction with lower expectations of future business performance compared to projections, as well as in contemplation of the Celsius Transaction described in Note 4 to our consolidated financial statements in our 2025 Form 10-K, indicated a deterioration of the significant inputs used to determine the fair value of our indefinite-lived intangible assets in certain markets and required us to perform a quantitative assessment on certain assets. The fair value of our indefinite-lived intangible assets was estimated using discounted cash flows under the income approach, which we consider to be a Level 3 (significant unobservable inputs) measurement. We determined that the carrying value exceeded the fair value, which reflected our most current estimates of future sales and their contributions to operating profit and expected future cash flows (including perpetuity growth assumptions), as well as an increase in the weighted-average cost of capital. As a result of the quantitative assessment, we recorded pre-tax impairment charges of $1.9 billion ($1.4 billion after-tax or $1.05 per share) in impairment of intangible assets, primarily comprised of the Rockstar brand in our PBNA and EMEA segments.

We continuously monitor the performance of all our indefinite-lived intangible assets and will perform our annual impairment assessment during our third quarter; for further information on our policies for indefinite-lived intangible assets, see Note 2 to our consolidated financial statements in our 2025 Form 10-K.

Rockstar

Indefinite-lived Intangible Assets [Line Items]

Asset Impairment Charges

$ 1,900

Asset Impairment Charges, after-tax

$ 1,400

Impairment Effect on Earnings Per Share, after Tax

$ 1.05

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Basis of Presentation and Our Divisions (Narrative) (Details) - segment	3 Months Ended	6 Months Ended
	Jun. 13, 2026	Jun. 13, 2026
Basis Of Presentation And Our Divisions [Line Items]
Number of Reportable Segments		6
United States and Canada
Basis Of Presentation And Our Divisions [Line Items]
Fiscal Period Duration	84 days

Restructuring and Impairment Charges - (Summary of 2019 Productivity Plan Charges) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Restructuring Cost and Reserve [Line Items]
Cash payments for restructuring charges			$ (264)	$ (387)
2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Liability as of December 27, 2025			326
Restructuring Charges	$ 49	$ 213	182	$ 426
Cash payments for restructuring charges			(264)
Non-cash charges and translation			(48)
Liability as of June 13, 2026	$ 196		$ 196
Impact on net income attributable to PepsiCo per common share	$ (0.03)	$ (0.12)	$ (0.10)	$ (0.26)
Restructuring and Related Cost, Cost Incurred to Date	$ 3,792		$ 3,792
Restructuring Charges, After Tax	39	$ 160	141	$ 351
Cash payments reported on the cash flow statement in pension and retiree medical contributions			2
2019 Productivity Plan \| Other pension and retiree medical benefits expense [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	0	(2)	1	14
2019 Productivity Plan \| Restructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	49	215	181	412
2019 Productivity Plan \| Cost of sales (a)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	(1)	102	18	103
2019 Productivity Plan \| Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	50	113	163	309
2019 Productivity Plan \| PepsiCo Foods North America [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	26	91	101	115
Restructuring and Related Cost, Cost Incurred to Date	877		877
2019 Productivity Plan \| PepsiCo Beverages North America [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	(15)	48	2	173
Restructuring and Related Cost, Cost Incurred to Date	788		788
2019 Productivity Plan \| International Beverage Franchise
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	1	3	8	5
Restructuring and Related Cost, Cost Incurred to Date	73		73
2019 Productivity Plan \| Europe, Middle East & Africa (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	16	36	39	49
Restructuring and Related Cost, Cost Incurred to Date	995		995
2019 Productivity Plan \| Latin America Foods (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	4	12	7	19
Restructuring and Related Cost, Cost Incurred to Date	306		306
2019 Productivity Plan \| Asia Pacific Foods (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	7	3	8	4
Restructuring and Related Cost, Cost Incurred to Date	107		107
Other than 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Charges			0
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	10	22	16	47
Restructuring and Related Cost, Cost Incurred to Date	500		500
Severance and Other Employee Costs \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Liability as of December 27, 2025			308
Restructuring Charges	15	64	51	122
Cash payments for restructuring charges			(172)
Non-cash charges and translation			(1)
Liability as of June 13, 2026	186		186
Restructuring and Related Cost, Cost Incurred to Date	1,840		1,840
Asset Impairments \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Liability as of December 27, 2025			0
Restructuring Charges	0	85	59	87
Cash payments for restructuring charges			0
Non-cash charges and translation			(59)
Liability as of June 13, 2026	0		0
Restructuring and Related Cost, Cost Incurred to Date	605		605
Other Costs \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Liability as of December 27, 2025			18
Restructuring Charges	34	$ 64	72	$ 217
Cash payments for restructuring charges			(92)
Non-cash charges and translation			12
Liability as of June 13, 2026	10		10
Restructuring and Related Cost, Cost Incurred to Date	1,347		1,347
Other pension and retiree medical benefits expense [Member] \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	146		146
Restructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense \| 2019 Productivity Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	$ 3,646		$ 3,646

Basis of Presentation and Our Divisions - Segment Reporting Information by % of Disaggregated Net Revenue (Details)	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Disaggregation of Revenue [Line Items]
Disaggregation of Net Revenue - Beverages	44.00%	43.00%	43.00%	43.00%
Disaggregation of Net Revenue - Convenient Food	56.00%	57.00%	57.00%	57.00%
Disaggregation of beverage revenue from company-owned bottlers	36.00%	36.00%	36.00%	36.00%
North America
Disaggregation of Revenue [Line Items]
Disaggregation of Net Revenue - Beverages	53.00%	51.00%	52.00%	50.00%
Disaggregation of Net Revenue - Convenient Food	47.00%	49.00%	48.00%	50.00%
EMEA
Disaggregation of Revenue [Line Items]
Disaggregation of Net Revenue - Beverages	37.00%	38.00%	36.00%	36.00%
Disaggregation of Net Revenue - Convenient Food	63.00%	62.00%	64.00%	64.00%
International (Outside of North America)
Disaggregation of Revenue [Line Items]
Disaggregation of Net Revenue - Beverages	32.00%	33.00%	30.00%	31.00%
Disaggregation of Net Revenue - Convenient Food	68.00%	67.00%	70.00%	69.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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+ Details

Basis of Presentation and Our Divisions - Net Revenue, Significant Expenses and Operating Profit by Segment (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Segment Reporting [Line Items]
Net Revenue	$ 24,181	$ 22,726	$ 43,624	$ 40,645
Operating Profit	4,023	1,789	7,236	4,372
Other pension and retiree medical benefits income	59	42	117	65
Net interest expense and other	(230)	(260)	(531)	(524)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	3,852	1,571	6,822	3,913
Restructuring and impairment charges			182	426
Acquisition and divestiture-related charges/credits	(45)	62	(158)	87
Impairment and Other Charges - after tax		$ 1,447		$ 1,447
Impairment and Other Charges - per share		$ 1.05		$ 1.05
Impairment and other charges	0	$ 1,860	0	$ 1,860
Rockstar
Segment Reporting [Line Items]
Impairment and other charges		1,780		1,780
Be & Cheery
Segment Reporting [Line Items]
Impairment and other charges		80		80
Operating Segments
Segment Reporting [Line Items]
Operating Profit	4,526	2,200	7,935	5,197
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Segment Reporting [Line Items]
Operating Profit	(503)	(411)	(699)	(825)
PepsiCo Foods North America [Member] \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	6,368	6,476	12,700	12,689
Operating Profit	1,342	1,391	2,771	2,927
Segment cost of sales	2,498	2,471	4,890	4,819
Core selling, general and administrative expenses	2,501	2,517	4,936	4,807
Restructuring and impairment charges	26	91	101	115
Acquisition and divestiture-related charges/credits	1	6	2	21
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		0		0
PepsiCo Beverages North America [Member] \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	7,243	6,796	13,634	12,672
Operating Profit	1,053	(639)	1,789	(179)
Segment cost of sales	3,420	2,990	6,412	5,649
Core selling, general and administrative expenses	2,831	2,812	5,591	5,434
Restructuring and impairment charges	(15)	48	2	173
Acquisition and divestiture-related charges/credits	(46)	56	(160)	66
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		1,529		1,529
International Beverage Franchise \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	1,523	1,368	2,347	2,127
Operating Profit	637	535	958	812
Segment cost of sales	437	400	671	612
Core selling, general and administrative expenses	448	430	710	698
Restructuring and impairment charges	1	3	8	5
Acquisition and divestiture-related charges/credits	0	0	0	0
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		0		0
Europe, Middle East & Africa (Segment) [Member] \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	4,983	4,536	7,806	6,924
Operating Profit	751	370	1,029	590
Segment cost of sales	2,839	2,638	4,512	4,045
Core selling, general and administrative expenses	1,377	1,241	2,226	1,989
Restructuring and impairment charges	16	36	39	49
Acquisition and divestiture-related charges/credits	0	0	0	0
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		251		251
Latin America Foods (Segment) [Member] \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	2,940	2,548	4,874	4,209
Operating Profit	616	533	1,044	877
Segment cost of sales	1,179	1,074	1,959	1,772
Core selling, general and administrative expenses	1,141	929	1,864	1,541
Restructuring and impairment charges	4	12	7	19
Acquisition and divestiture-related charges/credits	0	0	0	0
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		0		0
Asia Pacific Foods (Segment) [Member] \| Operating Segments
Segment Reporting [Line Items]
Net Revenue	1,124	1,002	2,263	2,024
Operating Profit	127	10	344	170
Segment cost of sales	690	627	1,347	1,239
Core selling, general and administrative expenses	300	282	564	531
Restructuring and impairment charges	7	3	8	4
Acquisition and divestiture-related charges/credits	$ 0	0	$ 0	0
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss		$ 80		$ 80

Restructuring and Impairment Charges

6 Months Ended

Jun. 13, 2026

Restructuring and Related Activities [Abstract]

Restructuring and Impairment Charges

2019 Multi-Year Productivity Plan (2019 Productivity Plan)

The 2019 Productivity Plan leverages new technology and business models to further simplify, harmonize and automate processes; re-engineers our go-to-market and information systems, including deploying the right automation for each market; and simplifies our organization and optimizes our manufacturing and supply chain footprint. To build on the successful implementation of the 2019 Productivity Plan, in 2024, we further expanded and extended the plan through the end of 2030 to take advantage of additional opportunities within the initiatives described above. As a result, we expect to incur pre-tax charges of approximately $6.15 billion, including cash expenditures of approximately $5.1 billion. These pre-tax charges are expected to consist of approximately 50% of severance and other employee-related costs, 15% for asset impairments (all non-cash) resulting from plant closures and related actions, and 35% for other costs associated with the implementation of our initiatives.

The total plan pre-tax charges are expected to be incurred by segment approximately as follows:


	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Corporate
Expected pre-tax charges	20	%	25	%	2	%	25	%	10	%	3	%	15	%

A summary of our 2019 Productivity Plan charges is as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Cost of sales (a)	$	(1)	$	102	$	18	$	103
Selling, general and administrative expenses	50		113		163		309

Other pension and retiree medical benefits (income)/expense (a)	—		(2)		1		14
Total restructuring and impairment charges	$	49	$	213	$	182	$	426
After-tax amount	$	39	$	160	$	141	$	351
Impact on net income attributable to PepsiCo per common share	$	(0.03)	$	(0.12)	$	(0.10)	$	(0.26)


	12 Weeks Ended				24 Weeks Ended				Plan-to-Date
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		through 6/13/2026
PFNA	$	26	$	91	$	101	$	115	$	877
PBNA (a)	(15)		48		2		173		788
IB Franchise	1		3		8		5		73
EMEA	16		36		39		49		995
LatAm Foods	4		12		7		19		306
Asia Pacific Foods	7		3		8		4		107
Corporate	10		22		16		47		500
	49		215		181		412		3,646
Other pension and retiree medical benefits (income)/expense (a)	—		(2)		1		14		146
Total	$	49	$	213	$	182	$	426	$	3,792

(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.


	12 Weeks Ended				24 Weeks Ended				Plan-to-Date
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		through 6/13/2026
Severance and other employee costs	$	15	$	64	$	51	$	122	$	1,840
Asset impairments	—		85		59		87		605
Other costs	34		64		72		217		1,347
Total	$	49	$	213	$	182	$	426	$	3,792

Severance and other employee costs primarily include severance and other termination benefits. Other costs primarily include costs associated with the implementation of our initiatives, including contract termination costs, consulting and other professional fees.

A summary of our 2019 Productivity Plan activity for the 24 weeks ended June 13, 2026 is as follows:


	Severance and Other Employee Costs		Asset Impairments		Other Costs		Total
Liability as of December 27, 2025	$	308	$	—	$	18	$	326
Restructuring charges	51		59		72		182
Cash payments (a)	(172)		—		(92)		(264)
Non-cash charges and translation	(1)		(59)		12		(48)
Liability as of June 13, 2026	$	186	$	—	$	10	$	196

(a)Excludes cash expenditures of $2 million reported in the cash flow statement in pension and retiree medical plan contributions.

The majority of the restructuring accrual at June 13, 2026 is expected to be paid within a year.

Other Productivity Initiatives

There were no material charges related to other productivity and efficiency initiatives outside the scope of the 2019 Productivity Plan.

We regularly evaluate different productivity initiatives beyond the productivity plan and other initiatives described above.

For information on additional impairment charges, see Notes 1 and 4 for impairment and other charges taken related to the impairments of the Rockstar and Be & Cheery brands.

Net Income Attributable to PepsiCo per Common Share (Tables)

6 Months Ended

Jun. 13, 2026

Earnings Per Share [Abstract]

Schedule of Basic And Diluted Net Income Per Common Share

The computations of basic and diluted net income attributable to PepsiCo per common share are as follows:


	12 Weeks Ended
	6/13/2026			6/14/2025
	Income		Shares(a)	Income		Shares(a)
Basic net income attributable to PepsiCo per common share	$	2.18		$	0.92
Net income available for PepsiCo common shareholders	$	2,981	1,366	$	1,263	1,371
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		3	—		2
Diluted	$	2,981	1,369	$	1,263	1,373
Diluted net income attributable to PepsiCo per common share	$	2.18		$	0.92


	24 Weeks Ended
	6/13/2026			6/14/2025
	Income		Shares(a)	Income		Shares(a)





Basic net income attributable to PepsiCo per common share	$	3.88		$	2.26
Net income available for PepsiCo common shareholders	$	5,308	1,367	$	3,097	1,371
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		3	—		3
Diluted	$	5,308	1,370	$	3,097	1,374
Diluted net income attributable to PepsiCo per common share	$	3.88		$	2.25

(a)Weighted-average common shares outstanding (in millions).

(b)The dilutive effect of these securities is calculated using the treasury stock method.

Intangible Assets, Schedule of Indefinite-Lived Intangible Assets (including Goodwill) (Details) - USD ($) $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Indefinite-lived Intangible Assets [Line Items]
Intangible Asset, Including Goodwill, after Accumulated Amortization	$ 33,083	$ 32,763
Other Indefinite-Lived Intangible Assets	13,990	13,847
Goodwill [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible Asset, Including Goodwill, after Accumulated Amortization	19,093	18,916
Reacquired Franchise Rights
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-Lived Intangible Assets	7,532	7,542
Acquired Franchise Rights
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-Lived Intangible Assets	2,239	2,099
Brands
Indefinite-lived Intangible Assets [Line Items]
Other Indefinite-Lived Intangible Assets	$ 4,219	$ 4,206

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Pension and Retiree Medical Benefits - Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Domestic Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Service Cost	$ 54	$ 73	$ 108	$ 145
Defined Benefit Plan, Interest Cost	120	135	240	270
Defined Benefit Plan, Expected Return (Loss) on Plan Assets	(191)	(186)	(382)	(372)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	2	0	4	1
Defined Benefit Plan, Amortization of Gain (Loss)	17	20	34	39
Defined Benefit Plan, Benefit Obligation, Special and Contractual Termination Benefits	0	(2)
Defined Benefit Plan, Cost of Providing Special and Contractual Termination Benefits			1	14
Defined Benefit Plan, Other Cost (Credit)	(52)	(33)	(103)	(48)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total	2	40	5	97
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	0	0	0	0
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Service Cost	13	11	23	19
Defined Benefit Plan, Interest Cost	37	36	65	62
Defined Benefit Plan, Expected Return (Loss) on Plan Assets	(51)	(47)	(90)	(83)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	0	0	0	0
Defined Benefit Plan, Amortization of Gain (Loss)	8	6	14	10
Defined Benefit Plan, Cost of Providing Special and Contractual Termination Benefits	0	0	0	0
Defined Benefit Plan, Other Cost (Credit)	(6)	(6)	(11)	(12)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total	7	5	12	7
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	0	1	0	1
Retiree Medical Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Service Cost	9	7	17	14
Defined Benefit Plan, Interest Cost	6	7	12	14
Defined Benefit Plan, Expected Return (Loss) on Plan Assets	(2)	(3)	(4)	(5)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	(1)	(1)	(2)	(2)
Defined Benefit Plan, Amortization of Gain (Loss)	(4)	(6)	(9)	(12)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), (Gain) Loss Due to Curtailment	0	0	0	0
Defined Benefit Plan, Cost of Providing Special and Contractual Termination Benefits	0	0	0	0
Defined Benefit Plan, Other Cost (Credit)	(1)	(3)	(3)	(5)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total	$ 8	$ 4	$ 14	$ 9

Pension and Retiree Medical Benefits - Periodic Benefit Cost (Tables)

6 Months Ended

Jun. 13, 2026

Retirement Benefits [Abstract]

Schedule of Defined Benefit Plans Disclosures

The components of net periodic benefit cost/(income) for pension and retiree medical plans are as follows:


	12 Weeks Ended
	Pension								Retiree Medical
	U.S.				International
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Service cost	$	54	$	73	$	13	$	11	$	9	$	7
Other pension and retiree medical benefits (income)/expense:
Interest cost	120		135		37		36		6		7
Expected return on plan assets	(191)		(186)		(51)		(47)		(2)		(3)
Amortization of prior service cost/(credits)	2		—		—		—		(1)		(1)
Amortization of net losses/(gains)	17		20		8		6		(4)		(6)
Settlement/curtailment gains	—		—		—		(1)		—		—
Special termination benefits	—		(2)		—		—		—		—
Total other pension and retiree medical benefits income	(52)		(33)		(6)		(6)		(1)		(3)
Total	$	2	$	40	$	7	$	5	$	8	$	4


	24 Weeks Ended
	Pension								Retiree Medical
	U.S.				International
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Service cost	$	108	$	145	$	23	$	19	$	17	$	14
Other pension and retiree medical benefits (income)/expense:
Interest cost	240		270		65		62		12		14
Expected return on plan assets	(382)		(372)		(90)		(83)		(4)		(5)
Amortization of prior service cost/(credits)	4		1		—		—		(2)		(2)
Amortization of net losses/(gains)	34		39		14		10		(9)		(12)
Settlement/curtailment gains	—		—		—		(1)		—		—
Special termination benefits	1		14		—		—		—		—
Total other pension and retiree medical benefits income	(103)		(48)		(11)		(12)		(3)		(5)
Total	$	5	$	97	$	12	$	7	$	14	$	9

Accumulated Other Comprehensive Loss Attributable to Pepsico Reclassification of Accumulated Other Comprehensive Loss to the Condensed Consolidated Statement of Income (Cash Flow Hedges) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 13, 2026	Mar. 21, 2026	Jun. 14, 2025	Mar. 22, 2025	Jun. 13, 2026	Jun. 14, 2025
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	$ (52)	$ (37)	$ (53)	$ (31)	$ (89)	$ (84)
Tax amounts	21		13		29	22
Net gains after tax	(31)		(40)		(60)	(62)
Foreign exchange contracts \| Cash flow hedges: \| Income Statement Location [Axis]: us-gaap:CostOfGoodsAndServicesSold
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	16		(6)		30	(22)
Foreign exchange contracts \| Cash flow hedges: \| Income Statement Location [Axis]: us-gaap:Revenues
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	0		(2)		0	(2)
Cross-currency contracts \| Cash flow hedges: \| Selling, General and Administrative Expenses - AOCL
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	(5)		(34)		5	(55)
Commodity contracts \| Cash flow hedges: \| Cost Of Goods And Services Sold - AOCL
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	(63)		(11)		(122)	(6)
Commodity contracts \| Cash flow hedges: \| Selling, General and Administrative Expenses - AOCL
Reclassification Adjustments out of Accumulated Other Comprehensive Income [Line Items]
Net gains before tax	$ 0		$ 0		$ (2)	$ 1

Supply Chain Financing (Details) - USD ($) $ in Millions	Jun. 13, 2026	Jun. 14, 2025
Supplier Finance Program [Line Items]
Supplier Finance Program, Obligation, Current	$ 1,800	$ 1,700

Compensation Related Costs, Share Based Payments (Policies)	6 Months Ended
	Jun. 13, 2026
Share-Based Payment Arrangement [Abstract]
Share-Based Payment Arrangement	Starting with awards granted in 2026, RSUs and stock options will primarily vest ratably over three years and amortized to expense on a straight-line basis. Additionally, certain executive officers and other senior executives who were previously granted 66% PSUs and 34% long-term cash were granted 60% PSUs and 40% RSUs in 2026. For PSUs granted in 2026, the final payout will be determined over a three-year period based on achievement of specified pre-established financial performance metrics, with PepsiCo’s total shareholder return relative to a specific set of peer companies acting as a multiplier. The Monte Carlo valuation model is used to determine the grant date fair value of the award, reflective of the total shareholder return market condition. Share-based compensation expense is adjusted for changes in the expected achievement of pre-established financial performance metrics throughout the three-year performance period.

- Definition

Disclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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-Paragraph 2
-Subparagraph (f)(2)(v)
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
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-Name Accounting Standards Codification
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-Paragraph 2
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.D.3.Q2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479830/718-10-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.D.2.Q6)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479830/718-10-S99-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/718/tableOfContent

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Restructuring and Impairment Charges - (Expected Pre-Tax Charges for 2019 Productivity Plan) (Details) - 2019 Productivity Plan $ in Millions	Jun. 13, 2026 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 6,150
Restructuring and Related Cost, Expected Cash Expenditures	$ 5,100
Severance and Other Employee Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	50.00%
Asset Impairments
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	15.00%
Other Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	35.00%
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	15.00%
PepsiCo Foods North America [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	20.00%
PepsiCo Beverages North America [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	25.00%
International Beverage Franchise
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	2.00%
Europe, Middle East & Africa (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	25.00%
Latin America Foods (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	10.00%
Asia Pacific Foods (Segment) [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Percentage of Expect Costs	3.00%

Acquisitions & Divestiture - Summary of Acquisition and Divestiture-Related Charges (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	$ (45)	$ 62	$ (158)	$ 87
Acquisition and divestiture-related charges, after-tax	$ (35)	$ 48	$ (121)	$ 67
Acquisition and divestiture-related charges, PerShare	$ 0.03	$ (0.03)	$ 0.09	$ (0.05)
PepsiCo Foods North America [Member] \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	$ 1	$ 6	$ 2	$ 21
PepsiCo Beverages North America [Member] \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	(46)	56	(160)	66
International Beverage Franchise \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	0	0	0	0
Europe, Middle East & Africa (Segment) [Member] \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	0	0	0	0
Latin America Foods (Segment) [Member] \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	0	0	0	0
Asia Pacific Foods (Segment) [Member] \| Operating Segments
Acquisitions & Divestitures [Line Items]
Acquisition and divestiture-related charges/credits	$ 0	$ 0	$ 0	$ 0

Financial Instruments - Celsius and Other AFS (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025	Mar. 21, 2026	Dec. 27, 2025	Mar. 22, 2025	Dec. 28, 2024
Celsius & Other AFS
Impairment Losses, Investments, Available-for-Sale Securities1			$ 0	$ 0
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Gain, before Tax	$ 473	$ 526	473	526
Total, AFS debt securities
Celsius & Other AFS
Debt Securities, Available-for-Sale	1,712	1,219	1,712	1,219
Other, AFS debt securities
Celsius & Other AFS
Fair Value, Recurring Basis, Unobservable Input Reconciliation, Asset (Liability), Gain (Loss), OCI	$ 17	19	$ (16)	5
Significant unobservable input used in level 3 fair value measurement - Other AFS, discount rate assumption	8.30%		8.30%			8.30%
Debt Securities, Available-for-Sale	$ 259	261	$ 259	261	$ 242	$ 275	$ 242	$ 256
Celsius, AFS debt security
Celsius & Other AFS
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Period Increase (Decrease)	$ (14)	(7)	$ (28)	(14)
Significant unobservable input used in level 3 fair value measurement - Celsius	8.90%		8.90%			8.50%
Significant unobservable input used in level 3 fair value measurement - Celsius, probability assumption	80.00%		80.00%			80.00%
Fair Value, Recurring Basis, Unobservable Input Reconciliation, Asset (Liability), Gain (Loss), OCI	$ (289)	77	$ (371)	187
Debt Securities, Available-for-Sale	$ 1,453	$ 958	$ 1,453	$ 958	$ 1,756	$ 1,852	$ 888	$ 785

Accumulated Other Comprehensive Loss Attributable to PepsiCo

6 Months Ended

Jun. 13, 2026

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss Attributable to PepsiCo

The changes in the balances of each component of accumulated other comprehensive loss attributable to PepsiCo are as follows:


	Currency Translation Adjustment		Cash Flow Hedges		Pension and Retiree Medical		Available-for-Sale Debt Securities and Other(a)		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 27, 2025 (b)	$	(13,494)	$	126	$	(2,262)	$	606	$	(15,024)
Other comprehensive income/(loss) before reclassifications (c)	757		108		(10)		(129)		726
Amounts reclassified from accumulated other comprehensive loss	—		(37)		19		—		(18)
Net other comprehensive income/(loss)	757		71		9		(129)		708
Tax amounts	(38)		(16)		(3)		31		(26)
Balance as of March 21, 2026 (b)	(12,775)		181		(2,256)		508		(14,342)
Other comprehensive income/(loss) before reclassifications (d)	145		93		4		(285)		(43)
Amounts reclassified from accumulated other comprehensive loss	—		(52)		22		—		(30)
Net other comprehensive income/(loss)	145		41		26		(285)		(73)
Tax amounts	10		(1)		(5)		68		72
Balance as of June 13, 2026 (b)	$	(12,620)	$	221	$	(2,235)	$	291	$	(14,343)

(a)The movements primarily represent fair value changes in available-for-sale debt securities, including our investment in Celsius convertible preferred stock. See Note 8 for further information.

(b)Pension and retiree medical amounts are net of taxes of $1,138 million as of December 27, 2025, $1,135 million as of March 21, 2026 and $1,130 million as of June 13, 2026.

(c)Currency translation adjustment primarily reflects appreciation of the euro, Mexican peso and Russian ruble.

(d)Currency translation adjustment primarily reflects appreciation of the Russian ruble.


	Currency Translation Adjustment		Cash Flow Hedges		Pension and Retiree Medical		Available-for-Sale Debt Securities and Other(a)		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 28, 2024 (b)	$	(15,217)	$	82	$	(2,714)	$	237	$	(17,612)
Other comprehensive income/(loss) before reclassifications (c)	410		58		(4)		87		551
Amounts reclassified from accumulated other comprehensive loss	—		(31)		17		—		(14)
Net other comprehensive income	410		27		13		87		537
Tax amounts	26		(5)		(3)		(21)		(3)
Balance as of March 22, 2025 (b)	(14,781)		104		(2,704)		303		(17,078)
Other comprehensive income/(loss) before reclassifications (d)	915		27		(42)		84		984
Amounts reclassified from accumulated other comprehensive loss	—		(53)		18		—		(35)
Net other comprehensive income/(loss)	915		(26)		(24)		84		949
Tax amounts	46		8		5		(20)		39
Balance as of June 14, 2025 (b)	$	(13,820)	$	86	$	(2,723)	$	367	$	(16,090)

(a)The movements primarily represent fair value changes in available-for-sale debt securities, including our investment in Celsius convertible preferred stock. See Note 8 for further information.

(b)Pension and retiree medical amounts are net of taxes of $1,282 million as of December 28, 2024, $1,279 million as of March 22, 2025 and $1,284 million as of June 14, 2025.

(c)Currency translation adjustment primarily reflects appreciation of the Russian ruble and depreciation of the euro.

(d)Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Canadian dollar.

The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		Affected Line Item in the Income Statement






Cash flow hedges:
Foreign exchange contracts	$	—	$	(2)	$	—	$	(2)	Net revenue
Foreign exchange contracts	16		(6)		30		(22)		Cost of sales
Cross-currency contracts	(5)		(34)		5		(55)		Selling, general and administrative expenses

Commodity contracts	(63)		(11)		(122)		(6)		Cost of sales
Commodity contracts	—		—		(2)		1		Selling, general and administrative expenses
Net gains before tax	(52)		(53)		(89)		(84)
Tax amounts	21		13		29		22
Net gains after tax	(31)		(40)		(60)		(62)

Pension and retiree medical items:
Amortization of net prior service cost/(credits)	1		(1)		2		(1)		Other pension and retiree medical benefits income
Amortization of net losses	21		20		39		37		Other pension and retiree medical benefits income
Settlement/curtailment gains	—		(1)		—		(1)		Other pension and retiree medical benefits income
Net losses before tax	22		18		41		35
Tax amounts	(5)		(4)		(9)		(8)
Net losses after tax	17		14		32		27






Total net gains reclassified, net of tax	$	(14)	$	(26)	$	(28)	$	(35)

Share-Based Compensation - Weighted Average Black Scholes Fair Value Assumptions (Detail)	6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025
Black Scholes valuation assumptions [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	7 years	7 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	3.70%	4.10%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	16.00%	16.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	3.50%	3.40%

Financial Instruments - Losses (Gains) on Derivative Instruments - Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Interest Rate Swap [Member] \| Fair Value Hedging
Derivative Instruments, Loss (Gain) [Line Items]
Fair Value Hedge, (Gain) Loss on Interest Rate Swap Contract	$ 16	$ (7)	$ 37	$ (43)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 182
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-182

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4A
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
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-Section 50
-Paragraph 4D
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4D
-Subparagraph (a)(5)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Section 50
-Paragraph 4D
-Subparagraph (a)(4)
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-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Section 50
-Paragraph 4D
-Subparagraph (a)(6)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4D
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Name Accounting Standards Codification
-Section 50
-Paragraph 4A
-Subparagraph (b)(2)
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-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Name Accounting Standards Codification
-Section 50
-Paragraph 4C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Section 50
-Paragraph 4CCC
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CCC

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Subparagraph (b)
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

+ Details

Financial Instruments - Fair Values of Financial Assets and Liabilities (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 13, 2026	Jun. 13, 2026	Dec. 27, 2025
Derivatives, Fair Value [Line Items]
Derivative Liability	$ 156	$ 156	$ 214
Derivative Asset	207	207	151
Total Financial Assets At Fair Value	2,295	2,295	2,619
Total Financial Liabilities At Fair Value	776	$ 776	$ 987
Collateral Received or Posted against our Asset or Liability Positions		not material
Derivative Assets and Liabilities, Subject to Master Netting Arrangements, which are not offset on balance sheet.		not material	not material
Carrying Amount, Hedged Fixed-Rate Debt	2,000	$ 2,000
Business Combination, Contingent Consideration, Asset	0	0	$ 0
Business Combination, Contingent Consideration, Liability	117	117	278
Short-term Investments	465	465	371
poppi acquisition
Derivatives, Fair Value [Line Items]
Business Combination, Contingent Consideration, Range of Outcomes, Maximum, Amount	300	300
Business Combination, Contingent Consideration, Liability	117	117
Business Combination, Contingent Consideration, Range of Outcomes, Minimum, Amount	0	0
Business Combination, Contingent Consideration, Change in Contingent Consideration, Liability, Increase (Decrease)	(45)	(161)
Derivatives Designated As Cash Flow Hedging Instruments Assets [Member]
Derivatives, Fair Value [Line Items]
Derivatives designated as hedging instruments, Assets, Total	162	162	122
Derivatives Designated As Cash Flow Hedging Instruments Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivatives designated as hedging instruments, Liabilities, Total	22	22	135
Net Investment Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments in Hedges, Net Investment in Foreign Operations, Liabilities, Fair Value	104	104	35
Derivative Instruments in Hedges, Net Investment in Foreign Operations, Assets, Fair Value	0	0	0
Derivatives Not Designated As Hedging Instruments Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value [Member]	45	45	10
Derivatives Not Designated As Hedging Instruments Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	9	9	41
Fair Value, Inputs, Level 1 \| Assets
Derivatives, Fair Value [Line Items]
Short-term Investments	376	376	341
Fair Value, Inputs, Level 1 \| Liability
Derivatives, Fair Value [Line Items]
Short-term Investments	0	0	0
Fair Value, Inputs, Level 2 \| Derivatives Designated As Cash Flow Hedging Instruments Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign Exchange Forward contracts	18	18	6
Cross-Currency Contracts	0	0	0
Commodity Contracts	144	144	116
Fair Value, Inputs, Level 2 \| Derivatives Designated As Cash Flow Hedging Instruments Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign Exchange Forward contracts	20	20	28
Cross-Currency Contracts	0	0	102
Commodity Contracts	2	2	5
Fair Value, Inputs, Level 2 \| Net Investment Hedging [Member] \| Cross-currency contracts
Derivatives, Fair Value [Line Items]
Cross-currency contracts - Liability	104	104	34
Cross-Currency Contracts - Asset	0	0	0
Fair Value, Inputs, Level 2 \| Net Investment Hedging [Member] \| Foreign Exchange Contract
Derivatives, Fair Value [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	0	0	1
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0	0
Fair Value, Inputs, Level 2 \| Derivatives Not Designated As Hedging Instruments Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign Exchange Forward contracts	16	16	6
Commodity Contracts	29	29	4
Fair Value, Inputs, Level 2 \| Derivatives Not Designated As Hedging Instruments Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign Exchange Forward contracts	7	7	32
Commodity Contracts	2	2	9
Fair Value, Inputs, Level 2 \| Derivatives Designated As Fair Value Hedging Instruments Liabilities [Member]
Derivatives, Fair Value [Line Items]
Interest Rate Fair Value Hedge Liability at Fair Value	21	21	3
Fair Value, Inputs, Level 2 \| Derivatives Designated As Fair Value Hedging Instruments Assets [Member]
Derivatives, Fair Value [Line Items]
Interest Rate Fair Value Hedge Asset at Fair Value	0	0	19
Fair Value, Inputs, Level 2 \| Assets
Derivatives, Fair Value [Line Items]
Deferred compensation	0	0	0
Fair Value, Inputs, Level 2 \| Liability
Derivatives, Fair Value [Line Items]
Deferred compensation	503	503	495
Fair Value, Inputs, Level 3 \| Assets
Derivatives, Fair Value [Line Items]
Debt Securities, Available-for-Sale	1,712	1,712	2,127
Fair Value, Inputs, Level 3 \| Liability
Derivatives, Fair Value [Line Items]
Debt Securities, Available-for-Sale	$ 0	$ 0	$ 0

Financial Instruments - Losses (Gains) Recognized in the Income Statement - Non-designated Hedges (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Nondesignated Hedges
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	$ (23)	$ 41	$ (216)	$ 41
Nondesignated Hedges - Selling, General and Administrative Expenses
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	(26)	35	(188)	44
Nondesignated Hedges - Cost of Sales
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	3	6	(28)	(3)
Foreign Exchange Contract Losses/(Gains) Included in Cost of Sales \| Nondesignated Hedges - Cost of Sales
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	0	1	0	1
Foreign Exchange Contract Losses/(Gains) Included in Selling, General and Administrative Expenses \| Nondesignated Hedges - Selling, General and Administrative Expenses
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	(10)	43	(13)	54
Foreign exchange contracts \| Nondesignated Hedges
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	(10)	44	(13)	55
Commodity Contract Losses/(Gains) Included in Cost of Sales \| Nondesignated Hedges - Cost of Sales
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	3	5	(28)	(4)
Commodity Contract Losses/(Gains) Included in Selling, General and Administrative Expenses \| Nondesignated Hedges - Selling, General and Administrative Expenses
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	(16)	(8)	(175)	(10)
Commodity Contracts [Member] \| Nondesignated Hedges
Derivative Instruments, Loss (Gain) [Line Items]
Losses/(Gains) Recognized in Income Statement(a)	$ (13)	$ (3)	$ (203)	$ (14)

Financial Instruments - Additional Information - Debt Instrument (Detail) - USD ($) $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	$ 49,000	$ 46,000
Variable Rate [Domain]
Debt Instrument [Line Items]
Total Debt, Percentage Bearing Variable Interest, Percentage Rate	17.00%	11.00%

- Definition

Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

Net Income Attributable to PepsiCo per Common Share

6 Months Ended

Jun. 13, 2026

Earnings Per Share [Abstract]

Net Income Attributable to PepsiCo per Common Share

The computations of basic and diluted net income attributable to PepsiCo per common share are as follows:


	12 Weeks Ended
	6/13/2026			6/14/2025
	Income		Shares(a)	Income		Shares(a)
Basic net income attributable to PepsiCo per common share	$	2.18		$	0.92
Net income available for PepsiCo common shareholders	$	2,981	1,366	$	1,263	1,371
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		3	—		2
Diluted	$	2,981	1,369	$	1,263	1,373
Diluted net income attributable to PepsiCo per common share	$	2.18		$	0.92


	24 Weeks Ended
	6/13/2026			6/14/2025
	Income		Shares(a)	Income		Shares(a)





Basic net income attributable to PepsiCo per common share	$	3.88		$	2.26
Net income available for PepsiCo common shareholders	$	5,308	1,367	$	3,097	1,371
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		3	—		3
Diluted	$	5,308	1,370	$	3,097	1,374
Diluted net income attributable to PepsiCo per common share	$	3.88		$	2.25

(a)Weighted-average common shares outstanding (in millions).

(b)The dilutive effect of these securities is calculated using the treasury stock method.

The weighted-average amount of antidilutive securities excluded from the calculation of diluted earnings per common share was 9 million for both the 12 weeks ended June 13, 2026 and June 14, 2025, and 8 million for both the 24 weeks ended June 13, 2026 and June 14, 2025.

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 13, 2026	Jul. 02, 2026
Document and Entity Information [Line Items]
Document Type	10-Q
Document Period End Date	Jun. 13, 2026
Entity File Number	1-1183
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Registrant Name	PepsiCo, Inc.
Entity Incorporation, State or Country Code	NC
Entity Address, City or Town	Purchase
Entity Address, State or Province	NY
Entity Tax Identification Number	13-1584302
Entity Address, Address Line One	700 Anderson Hill Road
Entity Address, Postal Zip Code	10577
City Area Code	914
Local Phone Number	253-2000
Entity Common Stock, Shares Outstanding		1,364,891,558
Entity Central Index Key	0000077476
Current Fiscal Year End Date	--12-26
Document Fiscal Year Focus	2026
Entity Filer Category	Large Accelerated Filer
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Common Stock, par value 1-2/3 cents per share
Document and Entity Information [Line Items]
Title of 12(b) Security	Common Stock, par value 1-2/3 cents per share
Trading Symbol	PEP
Name of Exchange on which Security is Registered	NASDAQ
0.750% Senior Notes Due 2027
Document and Entity Information [Line Items]
Title of 12(b) Security	0.750% Senior Notes Due 2027
Trading Symbol	PEP27
Name of Exchange on which Security is Registered	NASDAQ
0.875% Senior Notes Due 2028
Document and Entity Information [Line Items]
Title of 12(b) Security	0.875% Senior Notes Due 2028
Trading Symbol	PEP28
Name of Exchange on which Security is Registered	NASDAQ
0.500% Senior Notes Due 2028
Document and Entity Information [Line Items]
Title of 12(b) Security	0.500% Senior Notes Due 2028
Trading Symbol	PEP28A
Name of Exchange on which Security is Registered	NASDAQ
Floating Rate Notes Due 2028
Document and Entity Information [Line Items]
Title of 12(b) Security	Floating Rate Notes Due 2028
Trading Symbol	PEP28B
Name of Exchange on which Security is Registered	NASDAQ
3.200% Senior Notes Due 2029
Document and Entity Information [Line Items]
Title of 12(b) Security	3.200% Senior Notes Due 2029
Trading Symbol	PEP29
Name of Exchange on which Security is Registered	NASDAQ
1.125% Senior Notes Due 2031
Document and Entity Information [Line Items]
Title of 12(b) Security	1.125% Senior Notes Due 2031
Trading Symbol	PEP31
Name of Exchange on which Security is Registered	NASDAQ
0.400% Senior Notes Due 2032
Document and Entity Information [Line Items]
Title of 12(b) Security	0.400% Senior Notes Due 2032
Trading Symbol	PEP32
Name of Exchange on which Security is Registered	NASDAQ
0.750% Senior Notes Due 2033
Document and Entity Information [Line Items]
Title of 12(b) Security	0.750% Senior Notes Due 2033
Trading Symbol	PEP33
Name of Exchange on which Security is Registered	NASDAQ
3.550% Senior Notes Due 2034
Document and Entity Information [Line Items]
Title of 12(b) Security	3.550% Senior Notes Due 2034
Trading Symbol	PEP34
Name of Exchange on which Security is Registered	NASDAQ
3.300% Senior Notes Due 2034
Document and Entity Information [Line Items]
Title of 12(b) Security	3.300% Senior Notes Due 2034
Trading Symbol	PEP34A
Name of Exchange on which Security is Registered	NASDAQ
3.450% Senior Notes Due 2037
Document and Entity Information [Line Items]
Title of 12(b) Security	3.450% Senior Notes Due 2037
Trading Symbol	PEP37
Name of Exchange on which Security is Registered	NASDAQ
3.700% Senior Notes Due 2038
Document and Entity Information [Line Items]
Title of 12(b) Security	3.700% Senior Notes Due 2038
Trading Symbol	PEP38
Name of Exchange on which Security is Registered	NASDAQ
0.875% Senior Notes Due 2039
Document and Entity Information [Line Items]
Title of 12(b) Security	0.875% Senior Notes Due 2039
Trading Symbol	PEP39
Name of Exchange on which Security is Registered	NASDAQ
4.150% Senior Notes Due 2047
Document and Entity Information [Line Items]
Title of 12(b) Security	4.150% Senior Notes Due 2047
Trading Symbol	PEP47
Name of Exchange on which Security is Registered	NASDAQ
1.050% Senior Notes Due 2050
Document and Entity Information [Line Items]
Title of 12(b) Security	1.050% Senior Notes Due 2050
Trading Symbol	PEP50
Name of Exchange on which Security is Registered	NASDAQ
4.050% Senior Notes Due 2055
Document and Entity Information [Line Items]
Title of 12(b) Security	4.050% Senior Notes Due 2055
Trading Symbol	PEP55
Name of Exchange on which Security is Registered	NASDAQ

Debt Obligations - (Narrative) (Details) € in Millions, $ in Millions	Jun. 13, 2026 USD ($)	Jun. 13, 2026 EUR (€)	Dec. 27, 2025 USD ($)
Debt Instrument [Line Items]
Long-term Debt, Current Maturities	$ 1,600	€ 500
Commercial Paper	6,100
Line of Credit Facility, Outstanding Borrowings	0
Five Year Unsecured Revolving Credit Agreement
Debt Instrument [Line Items]
Line of Credit Facility, Current Borrowing Capacity	5,000		$ 5,000
Line of Credit Swing Line Subfacility	1,200
Line of Credit Facility, Maximum Borrowing Capacity	5,750
364 Day Unsecured Revolving Credit Agreement Member
Debt Instrument [Line Items]
Line of Credit Facility, Current Borrowing Capacity	5,000		$ 5,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 5,750

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Supply Chain Financing	6 Months Ended
Supply Chain Financing	Jun. 13, 2026
Text Block [Abstract]
Supplier Finance Program	Supply Chain Financing Arrangements We maintain voluntary supply chain finance agreements with several participating global financial institutions. Under these agreements, our suppliers, at their sole discretion, may elect to sell their accounts receivable with PepsiCo to these participating global financial institutions. As of June 13, 2026 and December 27, 2025, $1.8 billion and $1.7 billion, respectively, of our accounts payable are to suppliers participating in these financing arrangements. For further information on the key terms of these supply chain financing programs, see Note 14 to our consolidated financial statements in our 2025 Form 10-K.

Financial Instruments - Additional Information (Detail)	6 Months Ended
Financial Instruments - Additional Information (Detail)	Jun. 13, 2026 USD ($)
Derivatives, Fair Value [Line Items]
Derivative with Credit Risk Related Contingent Features, Net Liability Position, Aggregate Fair Value	$ 53,000,000
Expected reclassification of net gain/(losses) related to hedge from accumulated OCI into net income within the next 12 months	215,000,000
Credit-Risk-Related Contingent Features Triggered	0
Collateral Already Posted, Aggregate Fair Value	$ 0

Accounting Policies (Policies)	6 Months Ended
Accounting Policies (Policies)	Jun. 13, 2026
Accounting Policies [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Adopted In July 2025, the Financial Accounting Standards Board (FASB) issued guidance to provide for a practical expedient that an entity may assume that conditions as of the balance sheet date remain unchanged over the remaining life of the asset when estimating expected credit losses for current accounts receivable and current contract assets arising from revenue transactions from contracts with customers. We adopted the guidance in the first quarter of 2026, on a prospective basis. The adoption did not have a material impact on our condensed consolidated financial statements. Not Yet Adopted In September 2025, the FASB issued guidance to improve the accounting for costs related to internal-use software. The new guidance eliminates project stages and requires capitalizing software costs to begin when (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed and the software will be used to perform the function intended. When evaluating if a project is probable to be completed, significant development uncertainty must be assessed. Additionally, disclosures for property, plant and equipment will be required for all capitalized software costs. The guidance is effective in the first quarter of 2028 with early adoption permitted as of the beginning of an annual reporting period. Upon adoption, the guidance may be applied prospectively, retrospectively or using a modified transition approach. We are evaluating the impact of this guidance on our consolidated financial statements. In November 2024, the FASB issued guidance to improve the disclosure of expenses in commonly presented expense captions. The new guidance requires a public entity to provide tabular disclosure, on an annual and interim basis, of amounts for the following expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation and (4) intangible asset amortization, as included in each relevant expense caption. A relevant expense caption is an expense caption presented on the face of the income statement that contains any of the expense categories noted. Additionally, on an annual and interim basis, a qualitative description is required for amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. The guidance also requires certain amounts that are currently required to be disclosed to be included in the same tabular disclosure as these disaggregation requirements. Furthermore, on an annual and interim basis, a public entity is required to separately disclose selling expenses and annually, disclose a description of the selling expenses. The guidance is effective for 2027 annual reporting, and in the first quarter of 2028 for interim reporting, with early adoption permitted, to be applied on a prospective basis, with retrospective application permitted. We will adopt the guidance when it becomes effective, in our 2027 annual reporting and each quarter thereafter, on a prospective basis.

Intangible Assets - Schedule of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Intangible Asset, Finite-Lived, Acquired [Line Items]
Intangible Asset, Finite-Lived, before Accumulated Amortization	$ 3,133	$ 3,125
Accumulated Amortization	(1,946)	(1,906)
Amortizable Intangible Assets, net	1,187	1,219
Acquired Franchise Rights
Intangible Asset, Finite-Lived, Acquired [Line Items]
Intangible Asset, Finite-Lived, before Accumulated Amortization	831	835
Accumulated Amortization	(250)	(244)
Amortizable Intangible Assets, net	581	591
Brands
Intangible Asset, Finite-Lived, Acquired [Line Items]
Intangible Asset, Finite-Lived, before Accumulated Amortization	1,086	1,084
Accumulated Amortization	(1,027)	(1,021)
Amortizable Intangible Assets, net	59	63
Other identifiable intangibles
Intangible Asset, Finite-Lived, Acquired [Line Items]
Intangible Asset, Finite-Lived, before Accumulated Amortization	434	433
Accumulated Amortization	(297)	(294)
Amortizable Intangible Assets, net	137	139
Customer Relationships
Intangible Asset, Finite-Lived, Acquired [Line Items]
Intangible Asset, Finite-Lived, before Accumulated Amortization	782	773
Accumulated Amortization	(372)	(347)
Amortizable Intangible Assets, net	$ 410	$ 426

Share-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized stock-based compensation expense	$ 69	$ 54	$ 162	$ 131
Compensation cost for share-based liabilities	3	(7)	5	(3)
Share-based Payment Arrangement, Expensed and Capitalized, Amount	71	46	$ 167	126
Share based liability awards granted, target				$ 22
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period			3 years
Percent of Liability Awards Granted to Certain Senior Executives			40.00%	34.00%
Share-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restructuring and impairment charges	$ (1)	$ (1)	$ 0	$ (2)
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			0.9	1.4
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Price			$ 169.25	$ 153.75
RSUs and PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			2.4	2.1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Grants in Period, Weighted Average Grant Price			$ 169.25	$ 153.71
PEP Equity Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Of Equity Awards Granted To Certain Senior Executives			60.00%	66.00%

Commitment and Contingencies	6 Months Ended
Commitment and Contingencies	Jun. 13, 2026
Commitments and Contingencies Disclosure [Abstract]
Legal Matters and Contingencies	Legal Contingencies The Company is party to a variety of litigation, claims, legal or regulatory proceedings, inquiries and investigations. While the results of such litigation, claims, legal or regulatory proceedings, inquiries and investigations cannot be predicted with certainty, management believes that the final outcome of the foregoing is not expected to have a material adverse effect on our financial condition, results of operations or cash flows.

Financial Instruments (Tables)

6 Months Ended

Jun. 13, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Financial Instruments

The notional amounts of our financial instruments used to hedge the above risks are as follows:


	Notional Amounts(a)
	6/13/2026		12/27/2025
Commodity contracts	$	1.6	$	1.5
Interest rate swap contracts	$	2.0	$	2.0
Foreign exchange contracts (b)	$	2.9	$	3.1
Cross-currency contracts (c)	$	1.0	$	1.7
Non-derivative debt instruments (b)	$	11.7	$	4.4

(a)In billions.

(b)During the 24 weeks ended June 13, 2026, we designated $4.5 billion of existing euro denominated debt and $2.9 billion of euro denominated debt issued in February 2026 as net investment hedges to partially offset the effects of foreign currency on our investments in certain of our foreign operations. As of June 13, 2026, there are no foreign exchange contracts designated as net investment hedges.

(c)During the 12 and 24 weeks ended June 13, 2026, U.S. dollar for euro cross-currency interest rate swaps with a total notional amount of $0.7 billion matured. Subsequent to June 13, 2026, we entered into Thai baht for U.S. dollar cross-currency interest rate swaps with a total notional amount of $0.3 billion and maturity dates ranging from May 2027 to May 2031. The cross-currency interest rate swaps are designated as net investment hedges to hedge the net assets of certain foreign operations with Thai baht functional currency.

Debt Securities, Available-for-Sale

The activity related to our Level 3 investments in certain available-for-sale debt securities is as follows:



	12 Weeks Ended				24 Weeks Ended

	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Celsius Holdings, Inc. (Celsius):
Balance, beginning of period	$	1,756	$	888	$	1,852	$	785

Net unrealized (loss)/gain	(289)		77		(371)		187
Cash dividends received	(14)		(7)		(28)		(14)
Balance, end of period	1,453		958		1,453		958
Other:
Balance, beginning of period	242		242		275		256
Net unrealized gain/(loss)	17		19		(16)		5
Balance, end of period	259		261		259		261
Total Level 3 available-for-sale balance, end of period	$	1,712	$	1,219	$	1,712	$	1,219

Summary of Fair Values of Financial Assets and Liabilities

The fair values of our financial assets and liabilities are categorized as follows:


	Fair Value Hierarchy Levels(a)	6/13/2026				12/27/2025
		Assets(a)		Liabilities(a)		Assets(a)		Liabilities(a)

Available-for-sale debt securities (b)	3	$	1,712	$	—	$	2,127	$	—
Index funds (c)	1	376		—		341		—

Deferred compensation (d)	2	—		503		—		495
Contingent consideration (e)	3	—		117		—		278
Derivatives designated as fair value hedging instruments:
Interest rate swap contracts (f)	2	—		21		19		3

Derivatives designated as cash flow hedging instruments:
Foreign exchange contracts (g)	2	18		20		6		28
Cross-currency contracts (g)	2	—		—		—		102
Commodity contracts (h)	2	144		2		116		5
		162		22		122		135
Derivatives designated as net investment hedging instruments:
Foreign exchange contracts (g)	2	—		—		—		1
Cross-currency contracts (g)	2	—		104		—		34
		—		104		—		35
Derivatives not designated as hedging instruments:
Foreign exchange contracts (g)	2	16		7		6		32
Commodity contracts (h)	2	29		2		4		9
		45		9		10		41
Total derivatives at fair value (i)		207		156		151		214
Total		$	2,295	$	776	$	2,619	$	987

(a)Fair value hierarchy levels are categorized consistently by Level 1 (quoted prices in active markets for identical assets), Level 2 (significant other observable inputs) and Level 3 in both years. Unless otherwise noted, financial assets are classified on our balance sheet within prepaid expenses and other current assets and other assets. Financial liabilities are classified on our balance sheet within accounts payable and other current liabilities and other liabilities.

(b)Classified as other assets. The fair value of our investment in Celsius is estimated using probability-weighted discounted future cash flows based on a Monte Carlo simulation using significant unobservable inputs, such as an 80% probability that a certain market-based condition will be met and an average estimated discount rate of 8.9% and 8.5% as of June 13, 2026 and December 27, 2025, respectively. The fair value of the other investment is estimated using a lattice model primarily based on the underlying stock price, volatility and certain significant unobservable inputs, such as a discount rate of 8.3% based on an estimated synthetic credit rating. An increase in the probability that certain market-based conditions will be met or a decrease in the discount rate would result in a higher fair value measurement, while a decrease in the probability that certain market-based conditions will be met or an increase in the discount rate would result in a lower fair value measurement.

(c)Based on the price of index funds. These investments are classified as short-term investments and are used to manage a portion of market risk arising from our deferred compensation liability.

(d)Based on the fair value of investments corresponding to employees’ investment elections.

(e)In connection with our acquisition of VNGR Beverage, LLC (poppi), we recorded a liability at fair value for the contingent consideration of $300 million payable upon achievement of certain performance milestones by the third quarter of 2027. If these performance milestones are not met, no payment will be made. The fair value of the liability is estimated using discounted future cash flows based on a Monte Carlo simulation using significant unobservable inputs such as forecasts of net revenue and margin. An increase in the net revenue and margin forecasts would result in a higher fair value measurement, while a decrease in the net revenue and margin forecasts would result in a lower fair value measurement. As of June 13, 2026, the fair value of the contingent consideration was $117 million, reflecting a fair value decrease of $45 million and $161 million in the 12 and 24 weeks ended June 13, 2026, respectively, recorded in selling, general and administrative expenses.

(f)Based on Secured Overnight Financing Rate forward rates. As of June 13, 2026, the carrying amount of hedged fixed-rate debt was $2.0 billion, which was classified on the balance sheet within long-term debt obligations.

(g)Based on recently reported market transactions of spot and/or forward rates.

(h)Primarily based on recently reported market transactions of swap arrangements.

(i)Derivative assets and liabilities are presented on a gross basis on our balance sheet. Amounts subject to enforceable master netting arrangements or similar agreements which are not offset on our balance sheet as of June 13, 2026 and December 27, 2025 were not material. Collateral received or posted against our asset or liability positions was not material. Exchange-traded commodity futures are cash-settled on a daily basis and, therefore, not included in the table.

Summary of Losses (Gains) On Derivative Instruments

Losses/(gains) on our fair value hedges recognized in the income statement are as follows:



	12 Weeks Ended				24 Weeks Ended

	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Interest rate swap contracts (a)	$	16	$	(7)	$	37	$	(43)

(a)Interest rate derivative losses/(gains) are included in net interest expense and other. These losses/(gains) are substantially offset by decreases/increases in the value of the underlying debt, which are also included in net interest expense and other.

Losses/(gains) on our cash flow hedges are categorized as follows:


	12 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss				Reclassified from Accumulated Other Comprehensive Loss into Income Statement(a)
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Foreign exchange contracts	$	(11)	$	54	$	16	$	(8)
Cross-currency contracts	(6)		(36)		(5)		(34)
Commodity contracts	(76)		(45)		(63)		(11)
Total	$	(93)	$	(27)	$	(52)	$	(53)


		24 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Reclassified from Accumulated Other Comprehensive Loss into Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Foreign exchange contracts		$	6	$	70	$	30	$	(24)
Cross-currency contracts		5		(55)		5		(55)
Commodity contracts		(212)		(100)		(124)		(5)
Total		$	(201)	$	(85)	$	(89)	$	(84)

(a)Foreign exchange derivative losses/(gains) are included in net revenue and cost of sales. Cross-currency interest rate swap derivative losses/(gains) are included in selling, general and administrative expenses. Commodity derivative losses/(gains) are included in either cost of sales or selling, general and administrative expenses, depending on the underlying commodity. See Note 10 for further information.

Losses/(gains) on our net investment hedges are categorized as follows:


		12 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Recognized in Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Non-derivative debt instruments		$	23	$	174	$	—	$	—
Cross-currency contracts		32		12		(4)		(2)

Total		$	55	$	186	$	(4)	$	(2)


		24 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Recognized in Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Non-derivative debt instruments		$	(159)	$	284	$	—	$	—
Cross-currency contracts		70		9		(8)		(4)
Foreign exchange contracts		(11)		—		(2)		—
Total		$	(100)	$	293	$	(10)	$	(4)

(a)Amount excluded from the assessment of effectiveness recognized in earnings associated with cross-currency interest rate swaps and forward contracts.

Derivatives Not Designated as Hedging Instruments

Losses/(gains) recognized in the income statement related to our non-designated hedges are categorized as follows:


	12 Weeks Ended
	6/13/2026						6/14/2025
	Cost of sales		Selling, general and administrative expenses		Total		Cost of sales		Selling, general and administrative expenses		Total
Foreign exchange contracts	$	—	$	(10)	$	(10)	$	1	$	43	$	44
Commodity contracts	3		(16)		(13)		5		(8)		(3)
Total	$	3	$	(26)	$	(23)	$	6	$	35	$	41


	24 Weeks Ended
	6/13/2026						6/14/2025
	Cost of sales		Selling, general and administrative expenses		Total		Cost of sales		Selling, general and administrative expenses		Total
Foreign exchange contracts	$	—	$	(13)	$	(13)	$	1	$	54	$	55
Commodity contracts	(28)		(175)		(203)		(4)		(10)		(14)
Total	$	(28)	$	(188)	$	(216)	$	(3)	$	44	$	41

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-9

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aaa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

+ Details

Share-Based Compensation

6 Months Ended

Jun. 13, 2026

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation

Share-Based Compensation

Starting with awards granted in 2026, RSUs and stock options will primarily vest ratably over three years and amortized to expense on a straight-line basis. Additionally, certain executive officers and other senior executives who were previously granted 66% PSUs and 34% long-term cash were granted 60% PSUs and 40% RSUs in 2026. For PSUs granted in 2026, the final payout will be determined over a three-year period based on achievement of specified pre-established financial performance metrics, with PepsiCo’s total shareholder return relative to a specific set of peer companies acting as a multiplier. The Monte Carlo valuation model is used to determine the grant date fair value of the award, reflective of the total

shareholder return market condition. Share-based compensation expense is adjusted for changes in the expected achievement of pre-established financial performance metrics throughout the three-year performance period.

The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Share-based compensation expense – equity awards	$	69	$	54	$	162	$	131
Share-based compensation expense – liability awards	3		(7)		5		(3)

Restructuring charges	(1)		(1)		—		(2)
Total	$	71	$	46	$	167	$	126

The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:


	24 Weeks Ended
	6/13/2026			6/14/2025
	Granted(a)	Weighted-Average Grant Price		Granted(a)	Weighted-Average Grant Price
Stock options	0.9	$	169.25	1.4	$	153.75
RSUs and PSUs	2.4	$	169.25	2.1	$	153.71

(a)In millions. All grant activity is disclosed at target.

For the 12 weeks ended June 13, 2026 and June 14, 2025, our grants of stock options, RSUs and PSUs were nominal.

We granted long-term cash awards to certain executive officers and other senior executives with an aggregate target value of $22 million during the 24 weeks ended June 14, 2025. Long-term cash awards granted for the 12 weeks ended June 14, 2025 were nominal.

Our weighted-average Black-Scholes fair value assumptions are as follows:


	24 Weeks Ended
	6/13/2026		6/14/2025
Expected life	7 years		7 years
Risk-free interest rate	3.7	%	4.1	%
Expected volatility	16	%	16	%
Expected dividend yield	3.5	%	3.4	%

Acquisitions & Divestitures - Siete & poppi (Details) - USD ($) $ in Millions	May 19, 2025	Jan. 17, 2025
Siete acquisition
Acquisitions & Divestitures [Line Items]
Inventories		$ 28
Property, plant and equipment		7
Amortizable intangible asset		65
Other indefinite-lived intangible asset (brand)		470
Other assets and liabilities		46
Total identifiable net assets		616
Goodwill		630
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill		1,246
Total purchase price		$ 1,200
poppi acquisition
Acquisitions & Divestitures [Line Items]
Inventories	$ 114
Property, plant and equipment	3
Amortizable intangible asset	150
Other indefinite-lived intangible asset (brand)	1,700
Business Combination, Recognized Liability Assumed, Other Liability, Current	(32)
Total identifiable net assets	1,935
Goodwill	185
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill	2,120
Business Combination, Contingency Recognized at Acquisition Date, Liability Assumed, Fair Value	200
Total purchase price	$ 1,900

Financial Instruments - Notional Amounts of Financial Instruments - Derivative Instruments (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Sep. 05, 2026	Jun. 13, 2026	Jun. 13, 2026	Dec. 27, 2025
Non-derivative Debt Instruments
Derivatives [Line Items]
Non-derivative Debt Instruments, Notional Amount		$ 11,700	$ 11,700	$ 4,400
Non-derivative Debt Instruments \| Net Investment Hedging [Member]
Derivatives [Line Items]
Non-derivative, Notional Amount, Change in Designation			2,900
Existing euro denominated Non-Derivative Debt \| Net Investment Hedging [Member]
Derivatives [Line Items]
Non-derivative, Notional Amount, Change in Designation			4,500
Commodity Contracts [Member]
Derivatives [Line Items]
Derivative, Notional Amount		1,600	1,600	1,500
Foreign Exchange Contract
Derivatives [Line Items]
Derivative, Notional Amount		2,900	2,900	3,100
Foreign Exchange Contract \| Net Investment Hedging [Member]
Derivatives [Line Items]
Derivative, Foreign Exchange contract designated as net investment hedge, Notional Amount		0	0
Cross-currency contracts
Derivatives [Line Items]
Derivative, Notional Amount		1,000	1,000	1,700
Cross-currency contracts \| Matured Notional Amount of USD for EUR Cross Currency Interest Rate Contract
Derivatives [Line Items]
Derivative, Notional Amount Cross-Currency Contracts		700
Cross-currency contracts \| Notional Amount of THB for USD Cross Currency Interest Rate Contract \| Subsequent Event
Derivatives [Line Items]
Derivative, Notional Amount Cross-Currency Contracts	$ 300
Interest Rate Swap [Member]
Derivatives [Line Items]
Derivative, Notional Amount		$ 2,000	$ 2,000	$ 2,000

Financial Instruments - Fair Values of Financial Assets and Liabilities – Deferred Compensation (Detail) - Fair Value, Inputs, Level 1 & 2 - USD ($) $ in Millions - USD ($) $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Non-derivatives, fair value [Line Items]
Short-term Investments	$ 465	$ 371
Assets \| Fair Value, Inputs, Level 1
Non-derivatives, fair value [Line Items]
Short-term Investments	376	341
Assets \| Fair Value, Inputs, Level 2
Non-derivatives, fair value [Line Items]
Deferred compensation	0	0
Liability \| Fair Value, Inputs, Level 1
Non-derivatives, fair value [Line Items]
Short-term Investments	0	0
Liability \| Fair Value, Inputs, Level 2
Non-derivatives, fair value [Line Items]
Deferred compensation	$ 503	$ 495

Financial Instruments - Fair Values of Financial Assets and Liabilities - Debt AFS (Detail) - Fair Value, Inputs, Level 3 - USD ($) $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Assets
Debt Securities, Available-for-Sale [Line Items]
Debt Securities, Available-for-Sale	$ 1,712	$ 2,127
Liability
Debt Securities, Available-for-Sale [Line Items]
Debt Securities, Available-for-Sale	$ 0	$ 0

- Definition

Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Statement [Line Items]
Net Revenue	$ 24,181	$ 22,726	$ 43,624	$ 40,645
Cost of sales	11,070	10,304	19,782	18,230
Gross profit	13,111	12,422	23,842	22,415
Selling, general and administrative expenses	9,088	8,773	16,606	16,183
Impairment and other charges	0	1,860	0	1,860
Operating Profit	4,023	1,789	7,236	4,372
Other pension and retiree medical benefits income	59	42	117	65
Net interest expense and other	(230)	(260)	(531)	(524)
Income before income taxes	3,852	1,571	6,822	3,913
Provision for income taxes	848	292	1,480	791
Net income	3,004	1,279	5,342	3,122
Less: Net income attributable to noncontrolling interests	23	16	34	25
Net Income Attributable to PepsiCo	$ 2,981	$ 1,263	$ 5,308	$ 3,097
Net Income Attributable to PepsiCo per Common Share
Basic	$ 2.18	$ 0.92	$ 3.88	$ 2.26
Diluted	$ 2.18	$ 0.92	$ 3.88	$ 2.25
Weighted-average common shares outstanding
Basic	1,366	1,371	1,367	1,371
Diluted	1,369	1,373	1,370	1,374

Financial Instruments - Losses (Gains) - Net Investment Hedges (Detail) - Net Investment Hedging [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Net Investment Hedges
Other Comprehensive (Income) Loss, Net Investment Hedge, (Gain) Loss, before Tax	$ 55	$ 186	$ (100)	$ 293
Loss (Gain) on Net Investment Hedge Recognized in Net Income, Net, Pretax	(4)	(2)	(10)	(4)
Non-derivative Debt Instruments
Net Investment Hedges
Other Comprehensive (Income) Loss, Net Investment Hedge, (Gain) Loss, before Tax	23	174	(159)	284
Loss (Gain) on Net Investment Hedge Recognized in Net Income, Net, Pretax	0	0	0	0
Cross-currency contracts
Net Investment Hedges
Other Comprehensive (Income) Loss, Net Investment Hedge, (Gain) Loss, before Tax	32	12	70	9
Loss (Gain) on Net Investment Hedge Recognized in Net Income, Net, Pretax	$ (4)	$ (2)	(8)	(4)
Foreign Exchange Contract
Net Investment Hedges
Other Comprehensive (Income) Loss, Net Investment Hedge, (Gain) Loss, before Tax			(11)	0
Loss (Gain) on Net Investment Hedge Recognized in Net Income, Net, Pretax			$ (2)	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025
Operating Activities
Net income	$ 5,342	$ 3,122
Depreciation and amortization	1,639	1,491
Impairment and other charges	0	1,860
Operating lease right-of-use asset amortization	347	315
Share-based compensation expense	162	131
Restructuring and impairment charges	182	426
Cash payments for restructuring charges	(264)	(387)
Acquisition and divestiture-related charges/credits	(158)	87
Payments for Merger Related Costs	(14)	(58)
Pension and retiree medical plan expenses	30	99
Pension and retiree medical plan contributions	(315)	(354)
Deferred income taxes and other tax charges/credits	494	(260)
Tax payments related to the Tax Cuts and Jobs Act (TCJ Act)	(965)	(772)
Change in assets and liabilities:
Accounts and notes receivable	(1,857)	(1,582)
Inventories	(802)	(800)
Prepaid expenses and other current assets	(271)	(354)
Accounts payable and other current liabilities	(1,200)	(2,083)
Income taxes payable	313	415
Other, net	(298)	(300)
Net Cash Provided by Operating Activities	2,365	996
Investing Activities
Capital spending	(1,266)	(1,507)
Sales of property, plant and equipment	71	169
Acquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets	(148)	(3,130)
Payments to Acquire Short-Term Investments	80	0
Short-term investments, by original maturity:
More than three months - maturities	8	425
Proceeds from Sale of Debt Securities, Available-for-Sale	14	0
Payments for (Proceeds from) Short-term investments, three months or less, net	(10)	22
Other investing, net	19	(106)
Net Cash Used for Investing Activities	(1,392)	(4,127)
Financing Activities
Proceeds from issuances of long-term debt	2,974	3,521
Payments of long-term debt	(2,221)	(2,543)
Short-term borrowings, by original maturity:
More than three months - proceeds	3,987	5,251
More than three months - payments	(1,750)	(2,492)
Three months or less, net	1,271	2,438
Cash dividends paid	(3,914)	(3,743)
Share repurchases	(479)	(494)
Proceeds from exercises of stock options	99	58
Withholding tax payments on restricted stock units (RSUs) and performance stock units (PSUs) converted	(95)	(111)
Other financing	(2)	(17)
Net Cash (Used for)/Provided by Financing Activities	(130)	1,868
Effect of exchange rate changes on cash and cash equivalents and restricted cash	256	422
Net Increase/(Decrease) in Cash and Cash Equivalents and Restricted Cash	1,099	(841)
Cash and Cash Equivalents and Restricted Cash, Beginning of Year	9,204	8,553
Cash and Cash Equivalents and Restricted Cash, End of Period	10,303	7,712
Supplemental Non-Cash Activity
Right-of-use assets obtained in exchange for lease obligations	$ 292	$ 329

Financial Instruments

6 Months Ended

Jun. 13, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

We are exposed to market risks arising from adverse changes in:

•commodity prices, affecting the cost of our raw materials and energy;

•foreign exchange rates and currency restrictions; and

•interest rates.

There have been no material changes during the 24 weeks ended June 13, 2026 with respect to our risk management policies or strategies and valuation techniques used in measuring the fair value of the financial assets or liabilities disclosed in Note 9 to our consolidated financial statements in our 2025 Form 10-K.

Certain of our agreements with our counterparties require us to post full collateral on derivative instruments in a net liability position if our credit rating is at A2 (Moody’s Investors Service, Inc.) or A (S&P Global Ratings) and we have been placed on credit watch for possible downgrade or if our credit rating falls below either of these levels. The fair value of all derivative instruments with credit-risk-related contingent features that were in a net liability position as of June 13, 2026 was $53 million. We have posted no collateral under these contracts and no credit-risk-related contingent features were triggered as of June 13, 2026.

The notional amounts of our financial instruments used to hedge the above risks are as follows:


	Notional Amounts(a)
	6/13/2026		12/27/2025
Commodity contracts	$	1.6	$	1.5
Interest rate swap contracts	$	2.0	$	2.0
Foreign exchange contracts (b)	$	2.9	$	3.1
Cross-currency contracts (c)	$	1.0	$	1.7
Non-derivative debt instruments (b)	$	11.7	$	4.4

(a)In billions.

As of June 13, 2026, approximately 17% of total debt was subject to variable rates, after the impact of the related interest rate swap contracts, compared to approximately 11% as of December 27, 2025.

Debt Securities

Available-for-Sale

The activity related to our Level 3 investments in certain available-for-sale debt securities is as follows:



	12 Weeks Ended				24 Weeks Ended

	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Celsius Holdings, Inc. (Celsius):
Balance, beginning of period	$	1,756	$	888	$	1,852	$	785

Net unrealized (loss)/gain	(289)		77		(371)		187
Cash dividends received	(14)		(7)		(28)		(14)
Balance, end of period	1,453		958		1,453		958
Other:
Balance, beginning of period	242		242		275		256
Net unrealized gain/(loss)	17		19		(16)		5
Balance, end of period	259		261		259		261
Total Level 3 available-for-sale balance, end of period	$	1,712	$	1,219	$	1,712	$	1,219

There were no impairment charges related to our investments in available-for-sale debt securities in both the 24 weeks ended June 13, 2026 and June 14, 2025. There were net unrealized gains of $473 million and $526 million as of June 13, 2026 and June 14, 2025, respectively, associated with our available-for-sale debt securities.

Recurring Fair Value Measurements

The fair values of our financial assets and liabilities are categorized as follows:


	Fair Value Hierarchy Levels(a)	6/13/2026				12/27/2025
		Assets(a)		Liabilities(a)		Assets(a)		Liabilities(a)

Available-for-sale debt securities (b)	3	$	1,712	$	—	$	2,127	$	—
Index funds (c)	1	376		—		341		—

Deferred compensation (d)	2	—		503		—		495
Contingent consideration (e)	3	—		117		—		278
Derivatives designated as fair value hedging instruments:
Interest rate swap contracts (f)	2	—		21		19		3

Derivatives designated as cash flow hedging instruments:
Foreign exchange contracts (g)	2	18		20		6		28
Cross-currency contracts (g)	2	—		—		—		102
Commodity contracts (h)	2	144		2		116		5
		162		22		122		135
Derivatives designated as net investment hedging instruments:
Foreign exchange contracts (g)	2	—		—		—		1
Cross-currency contracts (g)	2	—		104		—		34
		—		104		—		35
Derivatives not designated as hedging instruments:
Foreign exchange contracts (g)	2	16		7		6		32
Commodity contracts (h)	2	29		2		4		9
		45		9		10		41
Total derivatives at fair value (i)		207		156		151		214
Total		$	2,295	$	776	$	2,619	$	987

(c)Based on the price of index funds. These investments are classified as short-term investments and are used to manage a portion of market risk arising from our deferred compensation liability.

(d)Based on the fair value of investments corresponding to employees’ investment elections.

(g)Based on recently reported market transactions of spot and/or forward rates.

(h)Primarily based on recently reported market transactions of swap arrangements.

The carrying amounts of our cash and cash equivalents and short-term investments recorded at amortized cost approximate fair value (classified as Level 2 in the fair value hierarchy) due to their short-term maturity. The fair value of our debt obligations as of June 13, 2026 and December 27, 2025 was $49 billion and $46 billion, respectively, based upon prices of identical or similar instruments in the marketplace, which are considered Level 2 inputs.

Losses/(gains) on our fair value hedges recognized in the income statement are as follows:



	12 Weeks Ended				24 Weeks Ended

	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Interest rate swap contracts (a)	$	16	$	(7)	$	37	$	(43)

Losses/(gains) on our cash flow hedges are categorized as follows:


	12 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss				Reclassified from Accumulated Other Comprehensive Loss into Income Statement(a)
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Foreign exchange contracts	$	(11)	$	54	$	16	$	(8)
Cross-currency contracts	(6)		(36)		(5)		(34)
Commodity contracts	(76)		(45)		(63)		(11)
Total	$	(93)	$	(27)	$	(52)	$	(53)


		24 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Reclassified from Accumulated Other Comprehensive Loss into Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Foreign exchange contracts		$	6	$	70	$	30	$	(24)
Cross-currency contracts		5		(55)		5		(55)
Commodity contracts		(212)		(100)		(124)		(5)
Total		$	(201)	$	(85)	$	(89)	$	(84)

As of June 13, 2026, we expect to reclassify net gains of $215 million related to our cash flow hedges from accumulated other comprehensive loss within common shareholders’ equity into net income during the next 12 months.

Losses/(gains) on our net investment hedges are categorized as follows:


		12 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Recognized in Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Non-derivative debt instruments		$	23	$	174	$	—	$	—
Cross-currency contracts		32		12		(4)		(2)

Total		$	55	$	186	$	(4)	$	(2)


		24 Weeks Ended
	Recognized in Accumulated Other Comprehensive Loss			Recognized in Income Statement(a)
		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Non-derivative debt instruments		$	(159)	$	284	$	—	$	—
Cross-currency contracts		70		9		(8)		(4)
Foreign exchange contracts		(11)		—		(2)		—
Total		$	(100)	$	293	$	(10)	$	(4)

(a)Amount excluded from the assessment of effectiveness recognized in earnings associated with cross-currency interest rate swaps and forward contracts.

Losses/(gains) recognized in the income statement related to our non-designated hedges are categorized as follows:


	12 Weeks Ended
	6/13/2026						6/14/2025
	Cost of sales		Selling, general and administrative expenses		Total		Cost of sales		Selling, general and administrative expenses		Total
Foreign exchange contracts	$	—	$	(10)	$	(10)	$	1	$	43	$	44
Commodity contracts	3		(16)		(13)		5		(8)		(3)
Total	$	3	$	(26)	$	(23)	$	6	$	35	$	41


	24 Weeks Ended
	6/13/2026						6/14/2025
	Cost of sales		Selling, general and administrative expenses		Total		Cost of sales		Selling, general and administrative expenses		Total
Foreign exchange contracts	$	—	$	(13)	$	(13)	$	1	$	54	$	55
Commodity contracts	(28)		(175)		(203)		(4)		(10)		(14)
Total	$	(28)	$	(188)	$	(216)	$	(3)	$	44	$	41

Pension and Retiree Medical Benefits (Notes)

6 Months Ended

Jun. 13, 2026

Pension and Retiree Medical Benefits [Abstract]

Pension and Retiree Medical Benefits

The components of net periodic benefit cost/(income) for pension and retiree medical plans are as follows:


	12 Weeks Ended
	Pension								Retiree Medical
	U.S.				International
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Service cost	$	54	$	73	$	13	$	11	$	9	$	7
Other pension and retiree medical benefits (income)/expense:
Interest cost	120		135		37		36		6		7
Expected return on plan assets	(191)		(186)		(51)		(47)		(2)		(3)
Amortization of prior service cost/(credits)	2		—		—		—		(1)		(1)
Amortization of net losses/(gains)	17		20		8		6		(4)		(6)
Settlement/curtailment gains	—		—		—		(1)		—		—
Special termination benefits	—		(2)		—		—		—		—
Total other pension and retiree medical benefits income	(52)		(33)		(6)		(6)		(1)		(3)
Total	$	2	$	40	$	7	$	5	$	8	$	4


	24 Weeks Ended
	Pension								Retiree Medical
	U.S.				International
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		6/13/2026		6/14/2025
Service cost	$	108	$	145	$	23	$	19	$	17	$	14
Other pension and retiree medical benefits (income)/expense:
Interest cost	240		270		65		62		12		14
Expected return on plan assets	(382)		(372)		(90)		(83)		(4)		(5)
Amortization of prior service cost/(credits)	4		1		—		—		(2)		(2)
Amortization of net losses/(gains)	34		39		14		10		(9)		(12)
Settlement/curtailment gains	—		—		—		(1)		—		—
Special termination benefits	1		14		—		—		—		—
Total other pension and retiree medical benefits income	(103)		(48)		(11)		(12)		(3)		(5)
Total	$	5	$	97	$	12	$	7	$	14	$	9

We regularly evaluate opportunities to reduce risk and volatility associated with our pension and retiree medical plans. In addition, lump sum payments may result in settlement charges in future periods.

In the 24 weeks ended June 13, 2026 and June 14, 2025, we made discretionary contributions of $200 million and $250 million, respectively, to our U.S. qualified defined benefit plans, and $52 million and $29 million, respectively, to our international defined benefit plans.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480794/715-70-50-1

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480482/715-20-55-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/715/tableOfContent

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

+ Details

Basis of Presentation and Our Divisions (Policies)	6 Months Ended
Basis of Presentation and Our Divisions (Policies)	Jun. 13, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal Period, Policy	While our financial results in the United States and Canada (North America) are reported on a 12-week basis, all of our international operations are reported on a monthly calendar basis for which the months of March, April and May are reflected in our results for the 12 weeks ended June 13, 2026 and June 14, 2025 and the months of January through May are reflected in our results for the 24 weeks ended June 13, 2026 and June 14, 2025.

Accumulated Other Comprehensive Loss Attributable to PepsiCo - Schedule of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 13, 2026	Mar. 21, 2026	Jun. 14, 2025	Mar. 22, 2025	Jun. 13, 2026	Jun. 14, 2025	Dec. 27, 2025	Dec. 28, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance	$ (12,775)	$ (13,494)	$ (14,781)	$ (15,217)	$ (13,494)	$ (15,217)
Other comprehensive income/(loss) before reclassifications (c)	145	757	915	410
Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Net other comprehensive income	145	757	915	410
Tax amounts	10	(38)	46	26
Ending balance	(12,620)	(12,775)	(13,820)	(14,781)	(12,620)	(13,820)
Net other comprehensive income	41	71	(26)	27
Beginning balance	2,256	2,262	2,704	2,714	2,262	2,714
Other comprehensive income/(loss) before reclassifications (d)	4	(10)	(42)	(4)
Amounts reclassified from accumulated other comprehensive loss	22	19	18	17	41	35
Net other comprehensive income/(loss)	26	9	(24)	13
Tax amounts	(5)	(3)	5	(3)
Ending balance	2,235	2,256	2,723	2,704	2,235	2,723
Beginning balance	508	606	303	237	606	237
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(285)	(129)	84	87
Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Other Comprehensive Income, Other, Before Tax	(285)	(129)	84	87
Tax amounts	68	31	(20)	(21)
Ending balance	291	508	367	303	291	367
OCI, before Reclassifications, before Tax, Attributable to Parent	(43)	726	984	551
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent	(30)	(18)	(35)	(14)
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	(73)	708	949	537
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	72	(26)	39	(3)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(14,343)	(14,342)	(16,090)	(17,078)	(14,343)	(16,090)	$ (15,024)	$ (17,612)
Net of taxes decrease to opening balance of accumulated other comprehensive loss attributable to Pepsico	1,130	1,135	1,284	1,279	1,130	1,284	$ 1,138	$ 1,282
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	181	126	104	82	126	82
Other comprehensive income/(loss) before reclassifications (c)	93	108	27	58
Net gains before tax	(52)	(37)	(53)	(31)	(89)	(84)
Net other comprehensive income	41	71	(26)	27
Tax amounts	(1)	(16)	8	(5)
Ending balance	$ 221	$ 181	$ 86	$ 104	$ 221	$ 86

Basis of Presentation and Our Divisions - Other Segment Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	$ 897	$ 807	$ 1,639	$ 1,491
Segment Reporting, Long-Lived Asset, Expenditure for Addition	819	904	1,266	1,507
Operating Segments
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	857	771	1,563	1,419
Segment Reporting, Long-Lived Asset, Expenditure for Addition	785	863	1,210	1,442
Operating Segments \| PepsiCo Foods North America [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	229	230	456	440
Segment Reporting, Long-Lived Asset, Expenditure for Addition	211	230	321	425
Operating Segments \| PepsiCo Beverages North America [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	275	241	527	494
Segment Reporting, Long-Lived Asset, Expenditure for Addition	261	283	444	531
Operating Segments \| International Beverage Franchise
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	28	27	46	46
Segment Reporting, Long-Lived Asset, Expenditure for Addition	20	30	29	46
Operating Segments \| Europe, Middle East & Africa (Segment) [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	160	135	261	216
Segment Reporting, Long-Lived Asset, Expenditure for Addition	151	137	217	187
Operating Segments \| Latin America Foods (Segment) [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	123	100	203	162
Segment Reporting, Long-Lived Asset, Expenditure for Addition	107	115	148	161
Operating Segments \| Asia Pacific Foods (Segment) [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	42	38	70	61
Segment Reporting, Long-Lived Asset, Expenditure for Addition	35	68	51	92
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Segment Reporting [Line Items]
Depreciation, Depletion and Amortization, Nonproduction	40	36	76	72
Segment Reporting, Long-Lived Asset, Expenditure for Addition	$ 34	$ 41	$ 56	$ 65

Acquisitions & Divestitures (Tables)

6 Months Ended

Jun. 13, 2026

Acquisitions & Divestitures [Abstract]

Business Combination, Recognized Asset Acquired and Liability Assumed

The fair value of identifiable assets acquired and liabilities assumed in the acquisitions of Siete and poppi and the resulting goodwill as of the respective acquisition dates is summarized as follows:



	Siete		poppi
Acquisition date	January 17, 2025		May 19, 2025
Segment	PFNA		PBNA
Inventories	$	28	$	114
Property, plant and equipment	7		3
Amortizable intangible asset	65		150
Other indefinite-lived intangible asset (brand)	470		1,700
Other assets and liabilities	46		(32)
Total identifiable net assets	616		1,935
Goodwill	630		185
Total purchase price	$	1,246	$	2,120

Summary of Acquisition and Divestiture-Related Charges

A summary of charges/credits is as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	1	$	6	$	2	$	21
PBNA (a)	(46)		56		(160)		66





Total (b)	$	(45)	$	62	$	(158)	$	87
After-tax amount	$	(35)	$	48	$	(121)	$	67
Impact on net income attributable to PepsiCo per common share	$	0.03	$	(0.03)	$	0.09	$	(0.05)

(a)Income amounts primarily relate to the change in the fair value of contingent consideration associated with our acquisition of poppi. See Note 8 for further information.

(b)Recorded in selling, general and administrative expenses.

Net Income Attributable to PepsiCo per Common Share - Basic And Diluted Net Income Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Earnings Per Share [Abstract]
Earnings Per Share, Basic	$ 2.18	$ 0.92	$ 3.88	$ 2.26
Net Income (Loss) Available to Common Stockholders, Basic	$ 2,981	$ 1,263	$ 5,308	$ 3,097
Weighted Average Number of Shares Outstanding, Basic	1,366,000	1,371,000	1,367,000	1,371,000
Dilutive Securities [Abstract]
Dilutive Securities, Effect on Basic Earnings Per Share, Options and Restrictive Stock Units	$ 0	$ 0	$ 0	$ 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	3,000	2,000	3,000	3,000
Net Income (Loss) Available to Common Stockholders, Diluted	$ 2,981	$ 1,263	$ 5,308	$ 3,097
Weighted Average Number of Shares Outstanding, Diluted	1,369,000	1,373,000	1,370,000	1,374,000
Earnings Per Share, Diluted	$ 2.18	$ 0.92	$ 3.88	$ 2.25
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	9,000	9,000	8,000	8,000

Intangible Assets

6 Months Ended

Jun. 13, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Assets

A summary of our amortizable intangible assets is as follows:


	6/13/2026						12/27/2025
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights	$	831	$	(250)	$	581	$	835	$	(244)	$	591
Customer relationships	782		(372)		410		773		(347)		426
Brands	1,086		(1,027)		59		1,084		(1,021)		63
Other identifiable intangibles	434		(297)		137		433		(294)		139
Total	$	3,133	$	(1,946)	$	1,187	$	3,125	$	(1,906)	$	1,219

The components of indefinite-lived intangible assets are as follows:


	6/13/2026		12/27/2025
Goodwill (a)	$	19,093	$	18,916
Other indefinite-lived intangible assets
Reacquired franchise rights	7,532		7,542
Acquired franchise rights (b)	2,239		2,099
Brands	4,219		4,206
Total indefinite-lived intangible assets	$	33,083	$	32,763

(a)Increase primarily reflects appreciation of the Russian ruble and South African rand.

(b)Increase is primarily related to acquired distribution rights for the Alani Nu brand.

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($)
shares in Thousands, $ in Millions

Total

Common Stock, par value 1-2/3 cents per share

Capital in Excess of Par Value

Retained Earnings

Accumulated Other Comprehensive Loss

Total PepsiCo Common Shareholders’ Equity

Noncontrolling Interests

Treasury Stock, Common

Balance, beginning of period, shares (in shares) at Dec. 28, 2024

1,372,000

Balance, beginning of period at Dec. 28, 2024

$ 23

$ 4,385

$ 72,266

$ (17,612)

$ 130

$ (41,021)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Changes in repurchased common stock (in shares)

(1,000)

(3,000)

Change in repurchased common stock

$ 0

Share-based compensation expense

129

Stock option exercises, RSUs and PSUs converted

(100)

$ 157

Withholding tax on RSUs and PSUs converted

(111)

Adjustments to Additional Paid in Capital, Other

(4)

Net income attributable to PepsiCo

$ 3,097

3,097

Cash dividends declared - common

^[1]

(3,816)

Other comprehensive (loss)/income attributable to PepsiCo

1,522

Stock option exercises, RSUs and PSUs converted (in shares)

2,000

Stockholders' Equity, Other Shares

Share repurchases

$ (497)

Net income attributable to noncontrolling interests

Distributions to noncontrolling interests

(15)

Other, net

Balance, end of period, shares (in shares) at Jun. 14, 2025

1,371,000

Balance, end of period at Jun. 14, 2025

$ 18,559

$ 23

4,299

71,547

(16,090)

$ 18,418

141

$ (41,361)

Balance, beginning of year, repurchased common stock at Dec. 28, 2024

(495,000)

Balance, beginning of year, repurchased common stock at Jun. 14, 2025

(496,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Common stock, dividends, declared (in USD per share)

$ 2.7775

Balance, beginning of period, shares (in shares) at Mar. 22, 2025

1,373,000

Balance, beginning of period at Mar. 22, 2025

$ 23

4,274

72,238

(17,078)

140

$ (41,068)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Changes in repurchased common stock (in shares)

(2,000)

Change in repurchased common stock

$ 0

Share-based compensation expense

Stock option exercises, RSUs and PSUs converted

(2)

$ 9

Withholding tax on RSUs and PSUs converted

(22)

Adjustments to Additional Paid in Capital, Other

(4)

Net income attributable to PepsiCo

$ 1,263

1,263

Cash dividends declared - common

^[1]

(1,954)

Other comprehensive (loss)/income attributable to PepsiCo

988

Stock option exercises, RSUs and PSUs converted (in shares)

Stockholders' Equity, Other Shares

Share repurchases

$ (302)

Net income attributable to noncontrolling interests

Distributions to noncontrolling interests

(14)

Other, net

(1)

Balance, end of period, shares (in shares) at Jun. 14, 2025

1,371,000

Balance, end of period at Jun. 14, 2025

$ 18,559

$ 23

4,299

71,547

(16,090)

18,418

141

$ (41,361)

Balance, beginning of year, repurchased common stock at Mar. 22, 2025

(494,000)

Balance, beginning of year, repurchased common stock at Jun. 14, 2025

(496,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Common stock, dividends, declared (in USD per share)

$ 1.4225

Balance, beginning of period, shares (in shares) at Dec. 27, 2025

1,367,000

Balance, beginning of period at Dec. 27, 2025

$ 20,547

$ 23

4,451

72,788

(15,024)

141

$ (41,832)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Changes in repurchased common stock (in shares)

(1,000)

(3,000)

Change in repurchased common stock

$ 0

Share-based compensation expense

162

Stock option exercises, RSUs and PSUs converted

(69)

$ 168

Withholding tax on RSUs and PSUs converted

(95)

Adjustments to Additional Paid in Capital, Other

(2)

Net income attributable to PepsiCo

5,308

Cash dividends declared - common

^[1]

(3,980)

Other comprehensive (loss)/income attributable to PepsiCo

681

Stock option exercises, RSUs and PSUs converted (in shares)

2,000

Stockholders' Equity, Other Shares

Share repurchases

$ (482)

Net income attributable to noncontrolling interests

Distributions to noncontrolling interests

(15)

Other, net

(1)

Balance, end of period, shares (in shares) at Jun. 13, 2026

1,366,000

Balance, end of period at Jun. 13, 2026

$ 22,270

$ 23

4,447

74,116

(14,343)

22,098

172

$ (42,145)

Balance, beginning of year, repurchased common stock at Dec. 27, 2025

(500,000)

Balance, beginning of year, repurchased common stock at Jun. 13, 2026

(501,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Common stock, dividends, declared (in USD per share)

$ 2.9025

Balance, beginning of period, shares (in shares) at Mar. 21, 2026

1,368,000

Balance, beginning of period at Mar. 21, 2026

$ 23

4,401

73,165

(14,342)

153

$ (41,864)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Changes in repurchased common stock (in shares)

(2,000)

Change in repurchased common stock

$ 0

Share-based compensation expense

Stock option exercises, RSUs and PSUs converted

(1)

$ 7

Withholding tax on RSUs and PSUs converted

(19)

Adjustments to Additional Paid in Capital, Other

(2)

Net income attributable to PepsiCo

$ 2,981

2,981

Cash dividends declared - common

^[1]

(2,030)

Other comprehensive (loss)/income attributable to PepsiCo

(1)

Stock option exercises, RSUs and PSUs converted (in shares)

Stockholders' Equity, Other Shares

Share repurchases

$ (289)

Net income attributable to noncontrolling interests

Distributions to noncontrolling interests

(14)

Other, net

(1)

Balance, end of period, shares (in shares) at Jun. 13, 2026

1,366,000

Balance, end of period at Jun. 13, 2026

$ 22,270

$ 23

$ 4,447

$ 74,116

$ (14,343)

$ 22,098

$ 172

$ (42,145)

Balance, beginning of year, repurchased common stock at Mar. 21, 2026

(499,000)

Balance, beginning of year, repurchased common stock at Jun. 13, 2026

(501,000)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Common stock, dividends, declared (in USD per share)

$ 1.4800

[1]

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) shares in Thousands, $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Statement of Financial Position [Abstract]
Accounts and notes receivable, allowance	$ 226	$ 230
Common stock, par value (in USD per share)	$ 0.0167	$ 0.0167
Common stock, authorized (in shares)	3,600,000	3,600,000
Common stock, issued (in shares)	1,366,000	1,367,000
Treasury Stock, Common, Shares	501,000	500,000

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 13, 2026	Jun. 14, 2025	Jun. 13, 2026	Jun. 14, 2025
Statement of Comprehensive Income [Abstract]
Net income	$ 3,004	$ 1,279	$ 5,342	$ 3,122
Net currency translation adjustment	155	961	874	1,397
Net change on cash flow hedges	40	(18)	95	4
Net pension and retiree medical adjustments	21	(19)	27	(9)
Net change on available-for-sale debt securities and other	(217)	64	(315)	130
Other comprehensive (loss)/income, net of taxes:	(1)	988	681	1,522
Comprehensive income	3,003	2,267	6,023	4,644
Less: Comprehensive income attributable to noncontrolling interests	23	16	34	25
Comprehensive Income Attributable to PepsiCo	$ 2,980	$ 2,251	$ 5,989	$ 4,619

Share-Based Compensation (Tables)

6 Months Ended

Jun. 13, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Share-based compensation expense – equity awards	$	69	$	54	$	162	$	131
Share-based compensation expense – liability awards	3		(7)		5		(3)

Restructuring charges	(1)		(1)		—		(2)
Total	$	71	$	46	$	167	$	126

Schedule of Share-based Payment Award, PepsiCo, Inc. Long-Term Incentive Plan

The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:


	24 Weeks Ended
	6/13/2026			6/14/2025
	Granted(a)	Weighted-Average Grant Price		Granted(a)	Weighted-Average Grant Price
Stock options	0.9	$	169.25	1.4	$	153.75
RSUs and PSUs	2.4	$	169.25	2.1	$	153.71

(a)In millions. All grant activity is disclosed at target.

Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions

Our weighted-average Black-Scholes fair value assumptions are as follows:


	24 Weeks Ended
	6/13/2026		6/14/2025
Expected life	7 years		7 years
Risk-free interest rate	3.7	%	4.1	%
Expected volatility	16	%	16	%
Expected dividend yield	3.5	%	3.4	%

Restructuring and Impairment Charges (Tables)

6 Months Ended

Jun. 13, 2026

2019 Productivity Plan

Restructuring Cost and Reserve [Line Items]

Summary of Productivity Plan Activity

The total plan pre-tax charges are expected to be incurred by segment approximately as follows:


	PFNA		PBNA		IB Franchise		EMEA		LatAm Foods		Asia Pacific Foods		Corporate
Expected pre-tax charges	20	%	25	%	2	%	25	%	10	%	3	%	15	%

A summary of our 2019 Productivity Plan charges is as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
Cost of sales (a)	$	(1)	$	102	$	18	$	103
Selling, general and administrative expenses	50		113		163		309

Other pension and retiree medical benefits (income)/expense (a)	—		(2)		1		14
Total restructuring and impairment charges	$	49	$	213	$	182	$	426
After-tax amount	$	39	$	160	$	141	$	351
Impact on net income attributable to PepsiCo per common share	$	(0.03)	$	(0.12)	$	(0.10)	$	(0.26)


	12 Weeks Ended				24 Weeks Ended				Plan-to-Date
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		through 6/13/2026
PFNA	$	26	$	91	$	101	$	115	$	877
PBNA (a)	(15)		48		2		173		788
IB Franchise	1		3		8		5		73
EMEA	16		36		39		49		995
LatAm Foods	4		12		7		19		306
Asia Pacific Foods	7		3		8		4		107
Corporate	10		22		16		47		500
	49		215		181		412		3,646
Other pension and retiree medical benefits (income)/expense (a)	—		(2)		1		14		146
Total	$	49	$	213	$	182	$	426	$	3,792

(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.


	12 Weeks Ended				24 Weeks Ended				Plan-to-Date
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		through 6/13/2026
Severance and other employee costs	$	15	$	64	$	51	$	122	$	1,840
Asset impairments	—		85		59		87		605
Other costs	34		64		72		217		1,347
Total	$	49	$	213	$	182	$	426	$	3,792

A summary of our 2019 Productivity Plan activity for the 24 weeks ended June 13, 2026 is as follows:


	Severance and Other Employee Costs		Asset Impairments		Other Costs		Total
Liability as of December 27, 2025	$	308	$	—	$	18	$	326
Restructuring charges	51		59		72		182
Cash payments (a)	(172)		—		(92)		(264)
Non-cash charges and translation	(1)		(59)		12		(48)
Liability as of June 13, 2026	$	186	$	—	$	10	$	196

(a)Excludes cash expenditures of $2 million reported in the cash flow statement in pension and retiree medical plan contributions.

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Acquisitions & Divestitures

6 Months Ended

Jun. 13, 2026

Acquisitions & Divestitures [Abstract]

Acquisitions and Divestitures

2025 Acquisitions

On January 17, 2025, we acquired all of the outstanding equity interest in Garza Food Ventures LLC (Siete), a Mexican-American foods business, for total consideration of $1.2 billion in cash.

On May 19, 2025, we acquired all of the outstanding equity interest in poppi, a prebiotic soda business, for cash consideration of $1.9 billion and contingent consideration with an acquisition date fair value of $0.2 billion. See Note 8 for further information on the contingent consideration. In connection with this acquisition, other payments may be incurred, subject to the achievement of certain conditions.

We accounted for the 2025 acquisitions as business combinations. We recognized and measured the identifiable assets acquired and liabilities assumed at their estimated fair values on the respective dates of acquisition. The purchase price allocations for Siete and poppi were finalized in the first and second quarter of 2026, respectively.



	Siete		poppi
Acquisition date	January 17, 2025		May 19, 2025
Segment	PFNA		PBNA
Inventories	$	28	$	114
Property, plant and equipment	7		3
Amortizable intangible asset	65		150
Other indefinite-lived intangible asset (brand)	470		1,700
Other assets and liabilities	46		(32)
Total identifiable net assets	616		1,935
Goodwill	630		185
Total purchase price	$	1,246	$	2,120

Goodwill is calculated as the excess of the aggregate fair value of the consideration transferred over the fair value of the net assets recognized. The goodwill recorded as part of the acquisitions of Siete and poppi primarily reflects our expectation of future economic benefits arising from growth opportunities, expanded consumer reach and the strengthening of our overall product offerings across our food and beverage businesses. All of the goodwill associated with our acquisitions of Siete and poppi is recorded in our PFNA and PBNA segments, respectively, and is deductible for tax purposes.

Acquisition and Divestiture-Related Charges/Credits

Acquisition and divestiture-related charges/credits include merger and integration charges, transaction expenses, such as consulting, advisory and other professional fees, as well as fair value adjustments to contingent consideration. Merger and integration charges include distribution agreement termination fees, employee-related costs, closing costs and other integration costs.

A summary of charges/credits is as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025
PFNA	$	1	$	6	$	2	$	21
PBNA (a)	(46)		56		(160)		66





Total (b)	$	(45)	$	62	$	(158)	$	87
After-tax amount	$	(35)	$	48	$	(121)	$	67
Impact on net income attributable to PepsiCo per common share	$	0.03	$	(0.03)	$	0.09	$	(0.05)

(a)Income amounts primarily relate to the change in the fair value of contingent consideration associated with our acquisition of poppi. See Note 8 for further information.

(b)Recorded in selling, general and administrative expenses.

Intangible Assets (Tables)

6 Months Ended

Jun. 13, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Asset, Finite-Lived

A summary of our amortizable intangible assets is as follows:


	6/13/2026						12/27/2025
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired franchise rights	$	831	$	(250)	$	581	$	835	$	(244)	$	591
Customer relationships	782		(372)		410		773		(347)		426
Brands	1,086		(1,027)		59		1,084		(1,021)		63
Other identifiable intangibles	434		(297)		137		433		(294)		139
Total	$	3,133	$	(1,946)	$	1,187	$	3,125	$	(1,906)	$	1,219

Intangible Asset, Indefinite-Lived

The components of indefinite-lived intangible assets are as follows:


	6/13/2026		12/27/2025
Goodwill (a)	$	19,093	$	18,916
Other indefinite-lived intangible assets
Reacquired franchise rights	7,532		7,542
Acquired franchise rights (b)	2,239		2,099
Brands	4,219		4,206
Total indefinite-lived intangible assets	$	33,083	$	32,763

(a)Increase primarily reflects appreciation of the Russian ruble and South African rand.

(b)Increase is primarily related to acquired distribution rights for the Alani Nu brand.

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) shares in Thousands, $ in Millions	Jun. 13, 2026	Dec. 27, 2025
Current Assets
Cash and cash equivalents	$ 10,251	$ 9,159
Short-term investments	465	371
Accounts and Financing Receivable, after Allowance for Credit Loss, Current	13,496	11,506
Inventories:
Raw materials and packaging	2,948	2,581
Work-in-process	163	143
Finished goods	3,623	3,121
Inventory, Net, Total	6,734	5,845
Prepaid expenses and other current assets	1,829	1,068
Total Current Assets	32,775	27,949
Property, plant and equipment	61,950	60,909
Accumulated depreciation	(32,179)	(31,004)
Property, Plant and Equipment, net	29,771	29,905
Amortizable Intangible Assets, net	1,187	1,219
Goodwill	19,093	18,916
Other Indefinite-Lived Intangible Assets	13,990	13,847
Investments in Noncontrolled Affiliates	2,180	2,038
Deferred Income Taxes	4,455	4,541
Other Assets	8,738	8,984
Total Assets	112,189	107,399
Current Liabilities
Short-term debt obligations	10,602	6,861
Accounts payable and other current liabilities	24,504	25,903
Total Current Liabilities	35,106	32,764
Long-Term Debt Obligations	42,612	42,321
Deferred Income Taxes	4,055	3,802
Other Liabilities	8,146	7,965
Total Liabilities	$ 89,919	$ 86,852
Common stock, issued (in shares)	1,366,000	1,367,000
PepsiCo Common Shareholders’ Equity
Common stock, par value 12/3¢ per share (authorized 3,600 shares; issued, net of repurchased common stock at par value: 1,366 and 1,367 shares, respectively)	$ 23	$ 23
Capital in excess of par value	4,447	4,451
Retained earnings	74,116	72,788
Accumulated other comprehensive loss	(14,343)	(15,024)
Repurchased common stock, in excess of par value (501 and 500 shares, respectively)	(42,145)	(41,832)
Total PepsiCo Common Shareholders’ Equity	22,098	20,406
Noncontrolling interests	172	141
Total Equity	22,270	20,547
Total Liabilities and Equity	$ 112,189	$ 107,399
Treasury Stock, Common, Shares	501,000	500,000
Common stock, authorized (in shares)	3,600,000	3,600,000

Accumulated Other Comprehensive Loss Attributable to PepsiCo (Tables)

6 Months Ended

Jun. 13, 2026

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The changes in the balances of each component of accumulated other comprehensive loss attributable to PepsiCo are as follows:


	Currency Translation Adjustment		Cash Flow Hedges		Pension and Retiree Medical		Available-for-Sale Debt Securities and Other(a)		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 27, 2025 (b)	$	(13,494)	$	126	$	(2,262)	$	606	$	(15,024)
Other comprehensive income/(loss) before reclassifications (c)	757		108		(10)		(129)		726
Amounts reclassified from accumulated other comprehensive loss	—		(37)		19		—		(18)
Net other comprehensive income/(loss)	757		71		9		(129)		708
Tax amounts	(38)		(16)		(3)		31		(26)
Balance as of March 21, 2026 (b)	(12,775)		181		(2,256)		508		(14,342)
Other comprehensive income/(loss) before reclassifications (d)	145		93		4		(285)		(43)
Amounts reclassified from accumulated other comprehensive loss	—		(52)		22		—		(30)
Net other comprehensive income/(loss)	145		41		26		(285)		(73)
Tax amounts	10		(1)		(5)		68		72
Balance as of June 13, 2026 (b)	$	(12,620)	$	221	$	(2,235)	$	291	$	(14,343)

(a)The movements primarily represent fair value changes in available-for-sale debt securities, including our investment in Celsius convertible preferred stock. See Note 8 for further information.

(b)Pension and retiree medical amounts are net of taxes of $1,138 million as of December 27, 2025, $1,135 million as of March 21, 2026 and $1,130 million as of June 13, 2026.

(c)Currency translation adjustment primarily reflects appreciation of the euro, Mexican peso and Russian ruble.

(d)Currency translation adjustment primarily reflects appreciation of the Russian ruble.


	Currency Translation Adjustment		Cash Flow Hedges		Pension and Retiree Medical		Available-for-Sale Debt Securities and Other(a)		Accumulated Other Comprehensive Loss Attributable to PepsiCo
Balance as of December 28, 2024 (b)	$	(15,217)	$	82	$	(2,714)	$	237	$	(17,612)
Other comprehensive income/(loss) before reclassifications (c)	410		58		(4)		87		551
Amounts reclassified from accumulated other comprehensive loss	—		(31)		17		—		(14)
Net other comprehensive income	410		27		13		87		537
Tax amounts	26		(5)		(3)		(21)		(3)
Balance as of March 22, 2025 (b)	(14,781)		104		(2,704)		303		(17,078)
Other comprehensive income/(loss) before reclassifications (d)	915		27		(42)		84		984
Amounts reclassified from accumulated other comprehensive loss	—		(53)		18		—		(35)
Net other comprehensive income/(loss)	915		(26)		(24)		84		949
Tax amounts	46		8		5		(20)		39
Balance as of June 14, 2025 (b)	$	(13,820)	$	86	$	(2,723)	$	367	$	(16,090)

(a)The movements primarily represent fair value changes in available-for-sale debt securities, including our investment in Celsius convertible preferred stock. See Note 8 for further information.

(b)Pension and retiree medical amounts are net of taxes of $1,282 million as of December 28, 2024, $1,279 million as of March 22, 2025 and $1,284 million as of June 14, 2025.

(c)Currency translation adjustment primarily reflects appreciation of the Russian ruble and depreciation of the euro.

(d)Currency translation adjustment primarily reflects appreciation of the Russian ruble, Mexican peso and Canadian dollar.

Reclassifications out of Accumulated Other Comprehensive Loss

The reclassifications from accumulated other comprehensive loss to the income statement are summarized as follows:


	12 Weeks Ended				24 Weeks Ended
	6/13/2026		6/14/2025		6/13/2026		6/14/2025		Affected Line Item in the Income Statement






Cash flow hedges:
Foreign exchange contracts	$	—	$	(2)	$	—	$	(2)	Net revenue
Foreign exchange contracts	16		(6)		30		(22)		Cost of sales
Cross-currency contracts	(5)		(34)		5		(55)		Selling, general and administrative expenses

Commodity contracts	(63)		(11)		(122)		(6)		Cost of sales
Commodity contracts	—		—		(2)		1		Selling, general and administrative expenses
Net gains before tax	(52)		(53)		(89)		(84)
Tax amounts	21		13		29		22
Net gains after tax	(31)		(40)		(60)		(62)

Pension and retiree medical items:
Amortization of net prior service cost/(credits)	1		(1)		2		(1)		Other pension and retiree medical benefits income
Amortization of net losses	21		20		39		37		Other pension and retiree medical benefits income
Settlement/curtailment gains	—		(1)		—		(1)		Other pension and retiree medical benefits income
Net losses before tax	22		18		41		35
Tax amounts	(5)		(4)		(9)		(8)
Net losses after tax	17		14		32		27






Total net gains reclassified, net of tax	$	(14)	$	(26)	$	(28)	$	(35)

Financial Instruments - Losses (Gains) On Derivative Instruments - Cash-flow Hedges (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 13, 2026	Mar. 21, 2026	Jun. 14, 2025	Mar. 22, 2025	Jun. 13, 2026	Jun. 14, 2025
Derivative Instruments, Loss (Gain) [Line Items]
Other Comprehensive (Income) Loss, Cash Flow Hedge, (Gain) Loss, before Reclassification and Tax	$ (93)	$ (108)	$ (27)	$ (58)
Foreign exchange contracts \| Cash flow hedges:
Derivative Instruments, Loss (Gain) [Line Items]
Other Comprehensive (Income) Loss, Cash Flow Hedge, (Gain) Loss, before Reclassification and Tax	(11)		54		$ 6	$ 70
Foreign Currency Cash Flow Hedge (Gain) Loss Reclassified to Earnings, Net	16		(8)		30	(24)
Commodity Contracts [Member] \| Cash flow hedges:
Derivative Instruments, Loss (Gain) [Line Items]
Other Comprehensive (Income) Loss, Cash Flow Hedge, (Gain) Loss, before Reclassification and Tax	(76)		(45)		(212)	(100)
Price Risk Cash Flow Hedge (Gain) Loss Reclassified to Earnings, Net	(63)		(11)		(124)	(5)
Cash flow hedges:
Derivative Instruments, Loss (Gain) [Line Items]
Other Comprehensive (Income) Loss, (Gain) Loss, before Reclassification and Tax	(93)		(27)		(201)	(85)
Loss (Gain) on Cash Flow Hedge Recognized in Net Income, Net, Pretax	(52)		(53)		(89)	(84)
Cross-currency contracts \| Cash flow hedges:
Derivative Instruments, Loss (Gain) [Line Items]
Other Comprehensive (Income) Loss, Cash Flow Hedge, (Gain) Loss, before Reclassification and Tax	(6)		(36)		5	(55)
Cross Currency Contracts Cash Flow Hedge (Gain) Loss Reclassified to Earnings, Net	$ (5)		$ (34)		$ 5	$ (55)

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 13, 2026
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false