Pepsico (PEP)

Company ID: 23 | CIK: 0000077476
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

No 10-Q data

Business Unit / Product Segments

Major Customers (% of Revenue)

No 10-Q data

Operational KPIs

Capital Spending (capital_expenditures)

No 10-K data

Retail customers (customers)

No 10-Q data

Consumer connections (engagement)

No 10-Q data

U.S. managerial roles racially/ethnically diverse percentage (headcount)

Net Income (net_income)

No 10-K data

Operating Profit (operating_income)

No 10-K data

2014 Productivity Plan charges (other)

No 10-K data

AMEA beverage volume change (other)

No 10-K data

AMEA beverage volume growth (other)

No 10-K data

AMEA snacks volume change (other)

No 10-K data

AMEA snacks volume growth (other)

No 10-K data

AMENA beverage volume growth (other)

No 10-K data

AMENA snacks volume growth (other)

No 10-K data

AMESA Beverage Unit Volume Growth (other)

No 10-K data

AMESA Convenient Foods Unit Volume Growth (other)

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APAC Beverage Unit Volume Growth (other)

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APAC Beverage unit volume growth (other)

No 10-K data

APAC Convenient Foods Unit Volume Growth (other)

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APAC Snacks unit volume growth (other)

No 10-K data

Acquisitions and divestitures impact (other)

No 10-K data

Acquisitions contribution (other)

No 10-K data

Advertising and marketing expense (other)

No 10-Q data

Advertising and marketing spend (other)

No 10-Q data

Advertising expense (other)

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Advertising expenses (other)

No 10-Q data

Anchor bottler volume share (other)

No 10-Q data

BCS Volume Growth (other)

No 10-K data

BCS volume growth (other)

Basic EPS (other)

No 10-K data

Better-for-you products volume share (other)

No 10-K data

Better-for-you revenue share (other)

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Better-for-you volume share (other)

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Beverage Servings Growth (other)

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Beverage case sales growth (other)

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Beverage countries served (other)

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Beverage market countries (other)

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Beverage revenue mix (other)

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Beverage revenue share (other)

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Beverage volume change (other)

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Beverage volume growth (other)

Beverage volume share (other)

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Beverages NA volume growth (other)

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Beverages revenue mix (other)

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Beverages servings growth (other)

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Beverages volume growth (other)

No 10-K data

Bottler case sales growth (other)

Bottler case sales volume (other)

No 10-K data

Bottler case sales volume change (other)

Bottler case sales volume growth (other)

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Bottling equity income growth (other)

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CEO diverse direct reports (other)

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CSD volume growth (other)

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Capital spending (other)

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Capital stock shares outstanding (other)

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Carbonated beverage volume growth (other)

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Case sales growth (other)

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Case volume growth (other)

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Cash and Cash Equivalents (other)

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Cash and cash equivalents (other)

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Cash and investments outside U.S. (other)

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Cash dividends declared per common share (other)

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Cash dividends declared per share (other)

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Cash held outside the U.S. (other)

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Cash returned to shareholders (other)

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Commercial paper outstanding (other)

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Commodity derivative face value (other)

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Commodity derivative notional (other)

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Common Servings Growth (other)

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Common Shares Outstanding (other)

Common Stock Outstanding (other)

Common Stock Shares Outstanding (other)

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Common Stock outstanding (other)

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Common shares outstanding (other)

Common stock outstanding (other)

Common stock shares outstanding (other)

Company ownership of system (other)

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Company-owned share of system units (other)

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Company-owned unit share (other)

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Concentrate Shipments Growth (other)

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Concentrate shipment growth (other)

Concentrate shipment volume growth (other)

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Concentrate shipments and equivalents change (other)

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Concentrate shipments and equivalents growth (other)

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Concentrate shipments growth (other)

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Convenient foods revenue mix (other)

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Convenient foods volume growth (other)

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Core Operating Profit Growth (other)

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Core Operating Profit Growth (Constant Currency) (other)

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Cost of shares repurchased (other)

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Countries and territories (other)

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Countries and territories served (other)

Countries of operation (other)

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Countries served (other)

Countries where products sold (other)

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Countries with beverage products (other)

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Countries with operations (other)

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Countries with products available (other)

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Countries with products sold (other)

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Countries with snack food products (other)

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Daily consumer connections (other)

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Diluted EPS (other)

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Diluted EPS growth (other)

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Diluted net income per share (other)

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Direct store delivery sales force (other)

No 10-Q data

Diverse CEO direct reports (other)

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Diverse management share (other)

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Diverse workforce share (other)

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Division beverage volume growth (other)

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Division servings growth (other)

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Division snacks volume growth (other)

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Division volume growth (other)

Domestic case sales growth (other)

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Domestic pound volume growth (other)

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Domestic snack pound volume growth (other)

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ESSA beverage volume growth (other)

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ESSA snacks volume growth (other)

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Earnings available for fixed charges (other)

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Effective Net Pricing (other)

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Effective net pricing (other)

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Effective net pricing contribution (other)

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Effective net pricing impact (other)

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Effective tax rate (other)

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Employee terminations (other)

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Employee training hours (other)

No 10-Q data

Employees terminated (accrued) (other)

No 10-K data

Equivalent case volume growth (other)

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Europe Beverage Unit Volume Growth (other)

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Europe Convenient Foods Unit Volume Growth (other)

No 10-K data

Europe beverage volume change (other)

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Europe beverage volume growth (other)

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Europe snacks volume change (other)

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Europe snacks volume growth (other)

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Expected cost savings (other)

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FLNA Unit Volume Growth (other)

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FLNA manufacturing plants (other)

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FLNA other macro snacks volume growth (other)

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FLNA plant count (other)

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FLNA pound volume change (other)

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FLNA pound volume growth (other)

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FLNA salty snacks volume growth (other)

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FLNA volume growth (other)

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FX contribution to revenue growth (other)

No 10-K data

FX impact on revenue growth (other)

No 10-K data

Fair value of debt obligations (other)

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Female management (other)

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Female management representation (other)

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Female management share (other)

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Female representation (other)

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Female workforce (other)

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Female workforce representation (other)

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Female workforce share (other)

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Food and snack revenue share (other)

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Food snack revenue mix (other)

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Food volume growth (other)

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Foreign currency derivative face value (other)

No 10-K data

Foreign currency derivative notional (other)

No 10-K data

Foreign exchange contribution (other)

No 10-K data

Foreign exchange impact on revenue (other)

No 10-K data

Foreign exchange translation impact (other)

No 10-K data

Franchise concentrate shipments growth (other)

No 10-K data

Free Cash Flow (other)

No 10-K data

Free cash flow (other)

Free cash flow excluding certain items (other)

Frito-Lay Intl kilo volume growth (other)

No 10-K data

Frito-Lay NA pound volume growth (other)

No 10-K data

Frito-Lay North America pound volume growth (other)

No 10-K data

Frito-Lay North America volume growth (other)

No 10-K data

Frito-Lay direct sales force (other)

No 10-Q data

Frito-Lay sales force (other)

No 10-Q data

Frito-Lay volume growth (other)

No 10-K data

Gatorade/Tropicana NA volume growth (other)

No 10-K data

Global workforce female % (other)

No 10-Q data

Global workforce female percentage (other)

No 10-Q data

Global workforce gender diversity (other)

No 10-Q data

Innovation as percent of net revenue (other)

No 10-Q data

Innovation revenue share (other)

No 10-Q data

Interest rate derivative notional (other)

No 10-K data

International beverage volume growth (other)

No 10-K data

International beverages volume growth (other)

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International bottler volume at risk (other)

No 10-K data

International case sales growth (other)

No 10-K data

International net revenue share (other)

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International revenue share (other)

International share of net revenue (other)

No 10-K data

International snack kilo growth (other)

No 10-K data

International snacks volume growth (other)

No 10-K data

International volume growth (other)

No 10-K data

Juice case volume growth (other)

Key country revenue share (other)

No 10-K data

Kilo volume growth (other)

No 10-K data

LAF snacks volume growth (other)

No 10-K data

LAF volume change (other)

No 10-K data

LAF volume growth (other)

No 10-K data

LatAm Beverage Unit Volume Growth (other)

No 10-K data

LatAm Convenient Foods Unit Volume Growth (other)

No 10-K data

LatAm beverage volume growth (other)

No 10-K data

LatAm snacks volume growth (other)

No 10-K data

Latin America snacks volume growth (other)

No 10-K data

Licensed beverage territories (other)

No 10-Q data

Licensed bottler territories (other)

No 10-Q data

Licensed territories (other)

No 10-Q data

Liquid refreshment beverage market share (other)

No 10-Q data

Long-Term Debt Obligations (other)

No 10-K data

Long-lived assets in Russia (other)

No 10-K data

Long-term debt obligations (other)

No 10-K data

Low-fat snack contribution to growth (other)

No 10-K data

Low-fat snack contribution to sales growth (other)

No 10-K data

MEAA beverage volume growth (other)

No 10-K data

MEAA snacks volume growth (other)

No 10-K data

Management operating cash flow (other)

No 10-K data

Management roles female % (other)

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Management roles female percentage (other)

No 10-Q data

Management roles gender diversity (other)

No 10-Q data

Marketing spending (other)

No 10-Q data

Net ROIC excluding items affecting comparability (other)

No 10-Q data

Net Revenue Growth (other)

No 10-K data

Net capital spending plan (other)

No 10-K data

Net cash from operating activities (other)

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Net cash provided by operating activities (other)

No 10-K data

Net income growth (other)

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Net monetary assets in Venezuela (other)

No 10-K data

Net revenue growth (other)

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Net revenue mix (other)

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Net revenue volume growth (other)

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Non-U.S. net revenue share (other)

No 10-K data

Non-US cash and investments (other)

No 10-K data

Non-carbonated beverage volume growth (other)

No 10-K data

North America CSD volume growth (other)

No 10-K data

North America non-carbonated volume growth (other)

No 10-K data

Number Of Reportable Segments (other)

No 10-K data

Number of Reportable Segments (other)

Nutrition businesses as percent of net revenue (other)

No 10-Q data

Nutrition revenue share (other)

No 10-Q data

Open commodity derivatives (other)

No 10-K data

Operating Profit Growth (other)

No 10-K data

Operating margin (other)

No 10-K data

Operating profit growth (other)

No 10-K data

Operating profit margin (other)

No 10-K data

Organic Revenue Growth (other)

No 10-K data

Organic Volume Growth (other)

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Organic net revenue growth (other)

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Organic revenue growth (other)

No 10-K data

Organic volume (other)

No 10-K data

Organic volume change (other)

No 10-K data

Organic volume growth (other)

No 10-K data

Other facilities (other)

No 10-Q data

Other foods volume change (other)

No 10-K data

Outstanding shares (other)

No 10-Q data

Overall ownership percentage (other)

No 10-K data

Ownership Percentage (other)

No 10-Q data

Ownership percentage (other)

No 10-K data

Ownership percentage of total system units (other)

No 10-K data

PAB BCS volume change (other)

No 10-K data

PAB BCS volume growth (other)

No 10-K data

PAB volume growth (other)

No 10-K data

PBNA BCS volume change (other)

No 10-K data

PBNA BCS volume growth (other)

No 10-K data

PBNA CSD volume growth (other)

No 10-K data

PBNA Unit Volume Growth (other)

No 10-K data

PBNA beverage volume growth (other)

No 10-K data

PBNA non-carbonated volume growth (other)

No 10-K data

PBNA volume growth (other)

No 10-K data

PCNA BCS volume growth (other)

No 10-K data

PCNA concentrate shipments growth (other)

No 10-K data

PI Beverage volume growth (other)

No 10-K data

PI International snacks volume growth (other)

No 10-K data

PI beverage volume growth (other)

No 10-K data

PI beverage volume growth - Asia Pacific (other)

No 10-K data

PI beverage volume growth - Europe, Middle East & Africa (other)

No 10-K data

PI beverage volume growth - Latin America (other)

No 10-K data

PI snacks volume growth (other)

No 10-K data

PI snacks volume growth - Asia Pacific (other)

No 10-K data

PI snacks volume growth - Europe, Middle East & Africa (other)

No 10-K data

PI snacks volume growth - Latin America (other)

No 10-K data

PI volume growth (other)

No 10-K data

PepsiCo Beverages Intl volume growth (other)

No 10-K data

PepsiCo Beverages North America carbonated soft drink growth (other)

No 10-K data

PepsiCo Beverages North America non-carbonated beverage growth (other)

No 10-K data

PepsiCo Beverages North America volume growth (other)

No 10-K data

PepsiCo International beverage volume growth (other)

No 10-K data

PepsiCo International beverages volume growth (other)

No 10-K data

PepsiCo International snacks volume growth (other)

No 10-K data

Pound Volume Growth (other)

No 10-K data

Pound volume growth (other)

Productivity cost savings (other)

No 10-Q data

Productivity savings (other)

No 10-Q data

Pure Premium supply from Bradenton (other)

No 10-Q data

QFNA Unit Volume Growth (other)

No 10-K data

QFNA volume change (other)

No 10-K data

QFNA volume growth (other)

No 10-K data

Quaker Foods NA volume growth (other)

No 10-K data

Quaker Foods North America volume growth (other)

No 10-K data

Quaker Foods volume growth (other)

No 10-K data

Quaker volume growth (other)

No 10-K data

R&D expense (other)

No 10-Q data

Racial/ethnic diversity (U.S.) (other)

No 10-Q data

Racially/ethnically diverse US management (other)

No 10-Q data

Racially/ethnically diverse US workforce (other)

No 10-Q data

Racially/ethnically diverse management (other)

No 10-Q data

Racially/ethnically diverse share (other)

No 10-Q data

Racially/ethnically diverse workforce (other)

No 10-Q data

Ratio of Earnings to Fixed Charges (other)

No 10-K data

Ratio of earnings to fixed charges (other)

No 10-K data

Remaining repurchase authorization (other)

No 10-K data

Remaining share repurchase authorization (other)

No 10-K data

Reported net revenue growth (other)

No 10-K data

Research and development costs (other)

No 10-Q data

Research and development expense (other)

No 10-Q data

Restaurant countries served (other)

No 10-Q data

Restaurant market countries (other)

No 10-Q data

Restaurant system ownership percentage (other)

No 10-K data

Restaurant units by chain (other)

No 10-K data

Restaurants served by PFS (other)

No 10-Q data

Restricted stock units outstanding (other)

No 10-Q data

Restructuring G&A savings (other)

No 10-K data

Restructuring charges incurred (other)

No 10-K data

Retail trade locations served (other)

No 10-Q data

Return on invested capital (other)

No 10-Q data

Revenue from outside the U.S. (other)

No 10-Q data

Revenue mix (other)

Revenue mix beverage (other)

No 10-K data

Revenue mix beverages (other)

No 10-K data

Revenue mix by category (other)

No 10-K data

Revenue mix food snack (other)

No 10-K data

Russia asset share (other)

No 10-K data

Russia long-lived assets (other)

No 10-K data

Russia net revenue share (other)

No 10-K data

Russia revenue share (other)

No 10-K data

Russia share of AOCI loss (other)

No 10-K data

Russia share of assets (other)

No 10-K data

Russia share of cash (other)

No 10-K data

Russia share of net revenue (other)

Sales incentives (other)

No 10-Q data

Sales volume growth (other)

No 10-Q data

Salty Snack Kilo Growth (other)

No 10-K data

Salty snack kilo growth (other)

Salty snack kilo volume growth (other)

No 10-K data

Salty snack kilo volume growth (incl. acquisitions) (other)

No 10-K data

Salty snack kilos growth (other)

No 10-K data

Salty snack volume growth (other)

No 10-Q data

Savory snacks volume change (other)

No 10-K data

Servings growth (other)

Servings volume growth (other)

No 10-K data

Share repurchase capacity remaining (other)

No 10-K data

Share repurchase cost (other)

No 10-K data

Share repurchases (other)

No 10-Q data

Shareholders of record (other)

No 10-Q data

Shares Outstanding (other)

Shares Repurchased (other)

No 10-K data

Shares available for grants (other)

No 10-K data

Shares outstanding (other)

Shares repurchased (other)

No 10-K data

Shipping and handling expenses (other)

No 10-Q data

Short-term debt obligations (other)

No 10-K data

Short-term investments (other)

No 10-K data

Short-term obligations (other)

No 10-K data

Smart Spot Revenue Share (other)

No 10-K data

Smart Spot eligible revenue share (other)

No 10-K data

Smart Spot eligible share of net revenue (other)

No 10-Q data

Smart Spot revenue share (other)

Smart Spot share of net revenue (other)

No 10-K data

Smart Spot share of revenue (other)

No 10-K data

Snack Servings Growth (other)

No 10-Q data

Snack countries served (other)

No 10-Q data

Snack food countries served (other)

No 10-Q data

Snack food market countries (other)

No 10-Q data

Snack kilo growth (other)

No 10-K data

Snack kilo volume growth (other)

No 10-K data

Snack pound volume growth (other)

Snack servings growth (other)

No 10-K data

Snack volume change (other)

No 10-K data

Snack volume growth (other)

Snacks servings growth (other)

No 10-K data

Snacks volume growth (other)

SodaStream country presence (other)

No 10-Q data

Stock options outstanding (other)

No 10-Q data

Sweet Snack Kilo Growth (other)

No 10-K data

Sweet snack kilo growth (other)

Sweet snack kilo volume growth (other)

No 10-K data

Sweet snack kilo volume growth (incl. acquisitions) (other)

No 10-K data

Sweet snack kilos growth (other)

No 10-K data

Sweet snack volume growth (other)

No 10-Q data

System bottler case sales growth (other)

No 10-K data

System bottler case sales volume growth (other)

No 10-K data

System ownership percentage (other)

No 10-K data

TPP supply share (other)

No 10-Q data

Top five markets revenue share (other)

No 10-K data

Top-five country revenue share (other)

No 10-K data

Total Assets (other)

No 10-K data

Total Equity (other)

No 10-K data

Total Liabilities (other)

No 10-K data

Total Servings Growth (other)

No 10-Q data

Total assets (other)

No 10-K data

Total division servings growth (other)

No 10-K data

Total equity (other)

No 10-K data

Total fixed charges (other)

No 10-K data

Total liabilities (other)

No 10-K data

Total marketplace spending (other)

No 10-Q data

Total servings (other)

No 10-K data

Total servings change (other)

No 10-K data

Total servings growth (other)

Total servings volume change (other)

No 10-K data

Training Hours (other)

No 10-Q data

Training hours (other)

No 10-Q data

Training hours completed (other)

No 10-Q data

Treasury shares repurchased (other)

No 10-K data

Tropicana Pure Premium growth (other)

No 10-K data

Tropicana volume growth (other)

No 10-K data

U.S. liquid refreshment beverage share (other)

No 10-Q data

U.S. managerial roles racial/ethnic diversity (other)

No 10-Q data

U.S. workforce racial/ethnic diversity (other)

No 10-Q data

UKEU beverage volume growth (other)

No 10-K data

UKEU snacks volume growth (other)

No 10-K data

US beverage market share (other)

No 10-Q data

US diverse workforce share (other)

No 10-Q data

US management diverse % (other)

No 10-Q data

US managerial roles racially/ethnically diverse percentage (other)

No 10-Q data

US workforce diverse % (other)

No 10-Q data

US workforce racially/ethnically diverse percentage (other)

No 10-Q data

Ukraine net revenue share (other)

No 10-K data

Ukraine revenue share (other)

No 10-K data

Ukraine share of net revenue (other)

No 10-Q data

Undistributed international earnings (other)

No 10-Q data

Unit Volume Growth (other)

No 10-K data

Unit volume change (other)

Unit volume growth (other)

Units refranchised (other)

No 10-K data

Units refranchised and licensed (other)

No 10-K data

Unrealized gains on equity securities (other)

No 10-K data

Variable-rate debt exposure (other)

No 10-K data

Variable-rate debt share (other)

No 10-K data

Venezuela cash share (other)

No 10-K data

Venezuela net monetary assets (other)

No 10-K data

Venezuela net revenue share (other)

No 10-K data

Venezuela non-monetary assets (other)

No 10-K data

Volume Growth (other)

No 10-K data

Volume change (other)

No 10-K data

Volume contribution to revenue growth (other)

No 10-K data

Volume growth (other)

Weighted average diluted shares (other)

No 10-K data

Weighted-average diluted shares (other)

No 10-K data

Worldwide beverages growth (other)

No 10-K data

Worldwide beverages servings growth (other)

No 10-K data

Worldwide beverages volume growth (other)

No 10-K data

Worldwide snacks growth (other)

No 10-K data

Worldwide snacks servings growth (other)

No 10-K data

Worldwide snacks volume growth (other)

No 10-K data

Year 2000 IT systems compliance (other)

No 10-K data

Year 2000 compliance (other)

No 10-K data

Year 2000 costs incurred (other)

No 10-K data

Year 2000 costs incurred to date (other)

No 10-K data

Year 2000 incremental costs estimate (other)

No 10-K data

Year 2000 incremental costs spent (other)

No 10-K data

Year 2000 systems remediated (other)

No 10-K data

Snack volume growth (production_volume)

International Snack Distribution Centers (properties)

No 10-Q data

Net Revenue (revenue)

No 10-K data

Same-store sales growth (same_store_sales)

Shares Outstanding (shares_outstanding)

No 10-K data

Restaurants owned or leased (stores)

Company-operated units refranchised (transactions)

No 10-K data

Bottler case sales growth (units_shipped)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

No 10-Q data
No 10-Q data
No 10-Q data

Demographics

No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data

Workforce Breakdowns

No 10-Q data
No 10-Q data
No 10-Q data
No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No 10-Q data

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-13restructuringin_progress2030-12-31All segments and corporateUSD 182 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2019 Multi-Year Productivity Plan, expanded in 2024 and extended through end of 2030; total expected pre-tax charges approximately $6.15 billion including approximately $5.1 billion cash expenditures. Plan-to-date through June 13, 2026: $3.8 billion pre-tax charges including $3.0 billion cash. No employee counts disclosed in this filing.
2026-06-13restructuringin_progress2024-02-012030-12-31GlobalAll segments and corporateUSD 182 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan, expanded in 2024 through 2030; total expected pre-tax charges ~$6.15B (~$5.1B cash), plan-to-date $3.8B. Severance and other employee costs of $51M recorded in the 24 weeks ended 6/13/2026; no employee headcount affected is disclosed.
2026-06-13restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 182 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. YTD 2026 charges of $182M include $51M severance/employee costs, $59M asset impairments, and $72M other costs. Plan extended through 2030.
2026-06-13acquisition_additioncompleted2025-01-172025-01-17North AmericaPFNAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Garza Food Ventures LLC (Siete) for $1.2B. Headcount not disclosed.
2026-06-13acquisition_additioncompleted2025-05-192025-05-19North AmericaPBNAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of poppi for $1.9B cash plus $0.2B contingent consideration. Headcount not disclosed.
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Cost Of Goods And Services Sold - Restructuring [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Selling, General and Administrative Expenses - Restructuring [Member]USD 50,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Other pension and retiree medical benefits expense [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Foods North America [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD -15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / International Beverage Franchise [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progress2019 Productivity Plan [Member] / Restructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-13restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2030-12-31All segments and corporateUSD 6,150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded 2019 Productivity Plan runs through 2030; expected pre-tax charges of approximately $6.15 billion including ~$5.1 billion cash expenditures, roughly 50% severance and other employee-related costs. Plan-to-date charges of $3.7 billion through March 21, 2026; quarterly charges of $133 million. No employee headcount figures disclosed.
2026-03-21restructuringin_progress2030-12-31GlobalAll segments and corporateUSD 6,150 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan extended through 2030; total expected pre-tax charges ~$6.15B including ~$5.1B cash. Plan-to-date through 2026-03-21: $3.7B pre-tax charges, $2.8B cash expenditures. No employee headcount affected disclosed. Majority of remaining charges expected through 2027, balance through 2030.
2026-03-21restructuringin_progress2030-12-31GlobalAll SegmentsUSD 133 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Total expected pre-tax charges approx $6.15 billion. Plan-to-date charges through March 21, 2026 were $3.743 billion. Current quarter charges of $133 million include severance, asset impairments, and other costs.
2026-03-21restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 133 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges include severance, asset impairments, and other costs. Employee count not disclosed for this period.
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Cost Of Goods And Services Sold - Restructuring [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Selling, General and Administrative Expenses - Restructuring [Member]USD 113,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Other pension and retiree medical benefits expense [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member]USD 133,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Foods North America [Member]USD 75,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / International Beverage Franchise [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progress2019 Productivity Plan [Member] / Restructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member]USD 132,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 59,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-21restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-27restructuringin_progress20192030United States and CanadaPFNA (PepsiCo Foods North America)USD 344 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity of the 2019 Productivity Plan, expanded in 2024 and extended through end of 2030. Expected total plan pre-tax charges ~$6.15B (~$5.1B cash), allocated 20% to this segment; ~50% of plan charges are severance and employee costs. Plan-to-date through 12/27/2025: $3.6B charges ($2.7B cash); 2025 total plan charges $983M including $19M pension-related; 2026 expected ~$900M. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030United States and CanadaPBNA (PepsiCo Beverages North America)USD 281 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 25% to this segment of ~$6.15B total. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030InternationalIB Franchise (International Beverages Franchise)USD 14 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 2% to this segment of ~$6.15B total. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030Europe, Middle East and AfricaEMEAUSD 195 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 25% to this segment of ~$6.15B total. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030Latin AmericaLatAm Foods (Latin America Foods)USD 52 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 10% to this segment of ~$6.15B total. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030Asia PacificAsia Pacific FoodsUSD 12 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 3% to this segment of ~$6.15B total. No employee headcount figures disclosed.
2025-12-27restructuringin_progress20192030GlobalCorporateUSD 66 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2025 activity; expected pre-tax plan charges allocated 15% to Corporate of ~$6.15B total. Segment-level 2025 charges of $964M plus $19M pension-related charges outside segments bring total 2025 plan charges to $983M, with $796M of 2025 cash restructuring payments. No employee headcount figures disclosed.
2025-12-27restructuringin_progress2030-12-31GlobalAll segments (PFNA, PBNA, IB Franchise, EMEA, LatAm Foods, Asia Pacific Foods, Corporate)USD 983 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan (originated 2019, expanded and extended through 2030 in 2024). FY2025 charges of $983M include $19M in other pension and retiree medical expense; $964M recorded in operating profit. Cash payments for restructuring charges were $796M in 2025. Plan-to-date charges $3.6B of approximately $6.15B expected total; approximately $900M of pre-tax charges expected in 2026. Employees affected not disclosed; restructuring accrual was $326M at year-end.
2025-12-27acquisition_additioncompleted2025-01-172025-01-17United StatesPFNAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Siete (Mexican-American foods business) for $1.2B cash; headcount added not disclosed.
2025-12-27acquisition_additioncompleted2025-05-192025-05-19United StatesPBNAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of poppi (prebiotic soda) for $1.95B cash plus contingent consideration with acquisition-date fair value of $0.2B; headcount added not disclosed.
2025-12-27restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 983 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Pre-tax charges of $983 million incurred in 2025. Plan extended through 2030. Total expected pre-tax charges approximately $6.15 billion.
2025-12-27acquisition_additioncompleted2025-05-192025-05-19United StatesPepsiCo Beverages North Americabusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of poppi (VNGR Beverage, LLC). Headcount not explicitly quantified.
2025-12-27acquisition_additioncompleted2025-01-172025-01-17United StatesPepsiCo Foods North Americabusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Siete (Garza Food Ventures LLC). Headcount not explicitly quantified.
2025-12-27acquisition_additioncompleted2024-12-032024-12-03United StatesPepsiCo Foods North Americabusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of remaining 50% ownership in Sabra Dipping Company. Headcount not explicitly quantified.
2025-12-27restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 983 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Pre-tax charges incurred in 2025 were $983 million. Total expected pre-tax charges are approximately $6.15 billion through 2030. Employee count affected not explicitly disclosed for 2025 activity.
2025-12-27restructuringin_progressShare-based Compensation [Member]USD -8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-06restructuringin_progress2019-01-012030-12-31All segmentsUSD 6,150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan expanded in 2024 through 2030; expects ~$6.15B pre-tax charges (~50% severance, ~10% asset impairments, ~40% other). Plan-to-date through 2025-09-06: $3.2B charges including $2.4B cash. No employee counts disclosed.
2025-09-06restructuringin_progress2019-01-012030-12-31PFNAUSD 147 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date PFNA charges $579 million.
2025-09-06restructuringin_progress2019-01-012030-12-31PBNAUSD 192 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date PBNA charges $697 million.
2025-09-06restructuringin_progress2019-01-012030-12-31IB FranchiseUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date IB Franchise charges $58 million.
2025-09-06restructuringin_progress2019-01-012030-12-31EMEAUSD 118 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date EMEA charges $879 million.
2025-09-06restructuringin_progress2019-01-012030-12-31LatAm FoodsUSD 36 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date LatAm Foods charges $283 million.
2025-09-06restructuringin_progress2019-01-012030-12-31Asia Pacific FoodsUSD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date Asia Pacific Foods charges $96 million.
2025-09-06restructuringin_progress2019-01-012030-12-31CorporateUSD 45 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD charges; plan-to-date Corporate charges $463 million.
2025-09-06restructuringin_progress2030-12-31GlobalPepsiCo Foods North America (PFNA)USD 32 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed. Program extended through 2030 with total expected pre-tax charges of about $6.15 billion, roughly 50% severance.
2025-09-06restructuringin_progress2030-12-31GlobalPepsiCo Beverages North America (PBNA)USD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed.
2025-09-06restructuringin_progress2030-12-31GlobalInternational Beverages Franchise (IB Franchise)USD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed.
2025-09-06restructuringin_progress2030-12-31Europe, Middle East and AfricaEMEAUSD 69 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed.
2025-09-06restructuringin_progress2030-12-31Latin AmericaLatin America Foods (LatAm Foods)USD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed.
2025-09-06restructuringin_progress2030-12-31Asia PacificAsia Pacific FoodsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 charge; no employee count disclosed.
2025-09-06restructuringin_progress2030-12-31GlobalCorporateUSD -2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12 weeks ended 9/6/2025 net credit reflecting changes in estimates of previously recorded amounts; no employee count disclosed.
2025-09-06restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 567 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2030. YTD 2025 charges of $567 million include severance, asset impairments, and other costs. Total plan-to-date charges are $3.2 billion.
2025-09-06acquisition_additioncompleted2025-01-17North AmericaPFNAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Siete for $1.2 billion cash consideration. Headcount not explicitly disclosed.
2025-09-06acquisition_additioncompleted2025-05-19North AmericaPBNAUSD 1,950 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of poppi for $1.95 billion cash plus $0.2 billion contingent consideration. Headcount not explicitly disclosed.
2025-09-06restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 567 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges include severance, asset impairments, and other costs. Employee count not disclosed in this filing.
2025-09-06acquisition_additioncompleted2025-01-17Mexico/United StatesPFNAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Siete. Headcount added not explicitly disclosed.
2025-09-06acquisition_additioncompleted2025-05-19United StatesPBNAUSD 1,950 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of poppi. Headcount added not explicitly disclosed.
2025-09-06restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 126,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressImpairment of intangible assets [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member]USD 141,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 116,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Foods North America [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / International Beverage Franchise [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member]USD 69,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 142,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 73,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-06restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019-01-012030-12-31GlobalAll segments and corporateUSD 6,150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded in 2024 through 2030; expected pre-tax charges of approximately $6.15 billion including roughly $5.1 billion cash expenditures, comprising about 55% severance and other employee-related costs, 10% asset impairments, and 35% other implementation costs. Plan-to-date charges through June 14, 2025 were $3.1 billion. No employee headcount figures disclosed in this filing.
2025-06-14restructuringin_progress20242030-12-31GlobalCompany-wide (PFNA, PBNA, IB Franchise, EMEA, LatAm Foods, Asia Pacific Foods, Corporate)USD 426 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program expanded in 2024 through end of 2030; total expected pre-tax charges ~$6.15B (~$5.1B cash), of which ~55% severance and other employee-related costs. 24-week 2025 charges $426M (severance and other employee costs $122M); plan-to-date charges $3.1B including $1.6B severance and other employee costs. No employee headcount affected disclosed; majority of remaining charges expected through 2027, balance through 2030.
2025-06-14acquisition_additioncompleted2025-01-17United StatesPepsiCo Foods North America (PFNA)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding equity of Siete (Mexican-American foods business) for $1.2B cash; no headcount added disclosed.
2025-06-14acquisition_additioncompleted2025-05-19United StatesPepsiCo Beverages North America (PBNA)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding equity of poppi (prebiotic soda business) for $1.95B cash plus contingent consideration with acquisition-date fair value of $0.2B (max $300M, milestones through Q3 2027); no headcount added disclosed.
2025-06-14restructuringin_progress2030-12-31GlobalAll SegmentsUSD 213 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2030. Q2 2025 charges include $102M cost of sales and $113M SG&A. Plan-to-date charges are $3.1 billion.
2025-06-14restructuringin_progress2030-12-31GlobalAll SegmentsUSD 426 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan YTD 2025 charges. Includes $103M cost of sales and $309M SG&A. Plan-to-date charges are $3.1 billion.
2025-06-14restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 426 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. YTD 2025 charges include $122M severance/employee costs, $87M asset impairments, $217M other costs. Plan extended through 2030.
2025-06-14acquisition_additioncompleted2025-01-17Mexico/United StatesPFNAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Siete for $1.2B cash. Headcount not disclosed.
2025-06-14acquisition_additioncompleted2025-05-19United StatesPBNAUSD 1,950 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of poppi for $1.95B cash plus $0.2B contingent consideration. Headcount not disclosed.
2025-06-14restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 102,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 113,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member]USD 213,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 160,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Foods North America [Member]USD 91,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / International Beverage Franchise [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 215,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 85,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-14restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019-01-012030-12-31All segments and corporateUSD 213 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2019 Multi-Year Productivity Plan expanded in 2024 through 2030; expected total pre-tax charges of approximately $6.15 billion including ~$5.1 billion cash; plan-to-date charges of $2.8 billion through March 22, 2025. Quarterly charges of $213 million include severance and other employee costs of $58 million, asset impairments of $2 million, and other costs of $153 million. No employee counts disclosed.
2025-03-22restructuringin_progress2030-12-31GlobalAll segments and CorporateUSD 6,150 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan extended through 2030; $2.8B pre-tax charges incurred plan-to-date through 2025-03-22, including $2.1B cash expenditures. No employee affected count disclosed.
2025-03-22acquisition_additioncompleted2025-01-172025-01-17United StatesPepsiCo Foods North America (PFNA)USD 1,200 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Siete (Mexican-American foods business) for $1.2B cash; headcount added not disclosed.
2025-03-22acquisition_additionannounced2025-03-162025-09-30United StatesPepsiCo Beverages North America (PBNA)USD 1,950 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire poppi (prebiotic soda brand) for $1.95B cash plus contingent consideration; closing expected within six months of 2025-03-16. Headcount added not disclosed.
2025-03-22restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 213 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2030. Q1 2025 charges include $58M severance/employee costs, $2M asset impairments, and $153M other costs. Plan-to-date charges are $2.84B.
2025-03-22acquisition_additioncompleted2025-01-17North AmericaPFNAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Siete (Garza Food Ventures LLC) for $1.2B cash. Employee count not disclosed.
2025-03-22acquisition_additionannounced2025-03-16North AmericaPBNAUSD 1,950 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Definitive agreement to acquire poppi (VNGR Beverage, LLC) for $1.95B cash plus contingent consideration. Closing expected within six months. Employee count not disclosed.
2025-03-22restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 213 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded through 2030. Q1 2025 charges include $58M severance/employee costs, $2M asset impairments, $153M other costs. Total plan-to-date charges $2.84B.
2025-03-22acquisition_additioncompleted2025-01-172025-01-17United StatesPFNAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Siete (Garza Food Ventures LLC) for $1.2B cash. Headcount not disclosed.
2025-03-22acquisition_additionannounced2025-03-16United StatesPBNAUSD 1,950 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire poppi (VNGR Beverage, LLC) for $1.95B cash plus contingent consideration. Closing expected within six months. Headcount not disclosed.
2025-03-22restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 196,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member]USD 213,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 191,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Foods North America [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 125,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / International Beverage Franchise [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 197,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 58,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 153,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-22restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-28restructuringin_progress20242030-12-31Global (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)All reportable segments plus CorporateUSD 727 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year 2019 Productivity Plan was expanded and extended in Q4 2024 through end of 2030; expected charges ~55% severance and employee-related costs, 10% asset impairments from plant closures, 35% other costs. FY2024 charges of $727M include $29M recorded in pension and retiree medical expense; cash payments of $436M in FY2024; plan-to-date charges of approximately $2.6B; expanded plan expects ~$6.15B of pre-tax charges. Expected charge split by division: FLNA 15%, QFNA 1%, PBNA 25%, LatAm 10%, Europe 25%, AMESA 5%, APAC 4%, Corporate 15%. No employee headcount affected is disclosed.
2024-12-28othercompleted2023United StatesQuaker Foods North America (QFNA)USD 187 (millions)other
f5-10k / GLM-5.3-flash-HTML
FY2024 pre-tax charge tied to the previously announced voluntary Quaker Recall; $176M recorded in cost of sales covered property, plant and equipment write-offs, employee severance costs and other costs, with $8M in SG&A and $3M in pension expense. Severance component implies separations, but no headcount affected is disclosed; FY2024 cash payments for recall impact were $148M.
2024-12-28restructuringin_progress2024-12-282030-12-31GlobalAll divisions plus CorporateUSD 727 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program expanded and extended through end of 2030 in Q4 2024 (exact announcement date not given). 2024 charges of $727M comprise $384M severance and other employee costs, $114M asset impairments and $229M other costs; $698M recorded in operating profit plus $29M in other pension/retiree medical. Cumulative plan charges through 2024-12-28 were $2.6B against a total expected pre-tax estimate of ~$6.15B (cash ~$5.1B); ~$900M of charges expected in 2025. Employees affected not disclosed.
2024-12-28acquisition_additioncompleted2024-12-032024-12-03United StatesFrito-Lay North America (FLNA)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Strauss Group's 50% interest in Sabra Dipping Company for $241M cash, making Sabra wholly owned; recognized a $122M pre-tax remeasurement gain. Headcount added not disclosed.
2024-12-28acquisition_additioncompleted2025-01-172025-01-17United Statessubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after fiscal year-end 2024-12-28 and before the 2025-02-03 filing date. Mexican-American foods business acquired for approximately $1.2B in cash; to be accounted for as a business combination in Q1 2025. Headcount added not disclosed.
2024-12-28restructuringin_progress2024-Q42030-12-31GlobalAll DivisionsUSD 6,150 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded and extended through end of 2030. Total expected pre-tax charges of $6.15 billion. No specific headcount reduction target disclosed.
2024-12-28restructuringin_progress2019-01-012030-12-31GlobalAll SegmentsUSD 727 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded in Q4 2024 through end of 2030. $727M pre-tax charges incurred in 2024. Employee count affected not explicitly disclosed for 2024 activity.
2024-12-28restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-12-28restructuringin_progressUSD -5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-07restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 245 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
12 weeks ended 9/7/2024 charges of $245M pre-tax ($195M after-tax), including $151M severance and other employee costs, $30M asset impairments, $64M other costs. Plan expanded in 2022 through end of 2028; total expected pre-tax charges ~$3.65B, plan-to-date $2.3B. Restructuring accrual of $299M at 9/7/2024, substantially all expected to be paid by end of 2025.
2024-09-07voluntary_separationin_progress2025-12-31United StatesU.S. pension plansUSD 23 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Special termination benefits of $23M recognized in the 36 weeks ended 9/7/2024 related to U.S. defined benefit plans in connection with restructuring actions under the 2019 Productivity Plan.
2024-09-07otherin_progressUnited States and CanadaQFNAUSD 184 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Pre-tax charge of $184M ($141M after-tax) in the 36 weeks ended 9/7/2024 for a voluntary recall of certain bars and cereals, including property, plant and equipment write-offs, employee severance costs and other costs; $174M in cost of sales, $7M in SG&A, $3M in other pension and retiree medical benefits income.
2024-09-07acquisition_additionannounced2024-10-012025-06-30Mexican-American foods businessUSD 1,200 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Definitive agreement to acquire Siete Foods (Garza Food Ventures LLC) for approximately $1.2 billion in cash, subject to regulatory approvals; closing expected in first half of 2025. No headcount figures disclosed.
2024-09-07restructuringin_progress2019-02-152028-12-31GlobalEnterprise-wide (2019 Multi-Year Productivity Plan)USD 415 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges for 36 weeks ended 2024-09-07; plan-to-date $2.3B of ~$3.65B expected total, ~$2.9B cash. No employee-affected counts disclosed. Substantially all of the $299M accrual at 2024-09-07 expected paid by end of 2025; remainder of plan through 2028.
2024-09-07acquisition_additionannounced2024-10-012025-06-30United StatesSiete Foods (Mexican-American foods business)USD 1,200 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to acquire Garza Food Ventures LLC for ~$1.2B cash; closing expected in first half of 2025, subject to regulatory approvals. No headcount disclosed.
2024-09-07restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 2,315 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Plan-to-date charges of $2.3 billion incurred through Sept 7, 2024. Includes severance, asset impairments, and other costs. No specific employee count disclosed for the period.
2024-09-07acquisition_additionannounced2024-10-012025-06-30United StatesQuaker Foods North AmericaUSD 1,200 (millions)subsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Siete Foods (Garza Food Ventures LLC) for approx $1.2 billion. Closing expected in first half of 2025. Employee count not disclosed.
2024-09-07restructuringin_progress2019-02-152028-12-31GlobalAll Divisions and CorporateUSD 415 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges include severance, asset impairments, and other costs. Employee count not disclosed for this period.
2024-09-07othercompletedNorth AmericaQuaker Foods North AmericaUSD 184 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary recall of certain bars and cereals (Quaker Recall). Charges include PP&E write-offs and employee severance costs. Employee count not disclosed.
2024-09-07acquisition_additionannounced2024-10-012025-06-30Mexico/United StatesFrito-Lay North America / Quaker Foods North AmericaUSD 1,200 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to acquire Garza Food Ventures LLC (Siete Foods) for approx $1.2 billion. Closing expected in first half of 2025. Employee count not disclosed.
2024-09-07restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 228,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member]USD 245,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 195,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 128,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 39,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 238,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 151,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-07restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 74 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded through 2028; total expected pre-tax charges approximately $3.65 billion including ~$2.9 billion cash; plan-to-date charges $2.1 billion. 12-week charge of $74 million includes severance and other employee costs of $10 million, asset impairments of $3 million and other costs of $61 million; includes $8 million of special termination benefits recognized in pension income line.
2024-06-15restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 170 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 24-week charge of $170 million includes severance and other employee costs of $82 million, asset impairments of $4 million and other costs of $84 million; restructuring liability of $193 million at June 15, 2024, majority expected to be paid by end of 2024.
2024-06-15voluntary_separationin_progressUnited States and CanadaQFNAUSD 182 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quaker Recall charges of $182 million pre-tax for 24 weeks include property, plant and equipment write-offs and employee severance costs; $15 million pre-tax in the 12-week quarter. No employee counts disclosed.
2024-06-15restructuringin_progress2019-02-152028-12-31GlobalMultiple divisions (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC) and CorporateUSD 170 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge for the 24 weeks ended 2024-06-15; no employee counts disclosed. Plan expanded in 2022 through 2028; total expected pre-tax charges ~$3.65B (~$2.9B cash), plan-to-date $2.1B charges / $1.6B cash; ~$325M charges and cash expected for remainder of 2024. Charges allocated by division in the footnote but no headcount split given.
2024-06-15otherin_progressUnited States and CanadaQuaker Foods North America (QFNA)USD 182 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge for the 24 weeks ended 2024-06-15 from a previously announced voluntary recall of certain bars and cereals ($175M in cost of sales including PP&E write-offs, employee severance costs and other costs; $7M in SG&A). Severance component not separately quantified; no employee count or recall announcement date disclosed in this filing. Also referenced in MD&A division review (deduplicated here).
2024-06-15restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 170 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2028. YTD 2024 charges of $170M include severance, asset impairments, and other costs. No specific employee count disclosed for this period.
2024-06-15restructuringin_progress2019-02-152028-12-31GlobalAll Divisions and CorporateUSD 170 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. YTD 2024 charges of $170M include $82M severance/employee costs, $4M asset impairments, and $84M other costs. Plan-to-date charges are $2.07B. No specific employee headcount affected is disclosed in this filing.
2024-06-15othercompletedNorth AmericaQuaker Foods North America (QFNA)USD 182 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Voluntary recall of certain bars and cereals (Quaker Recall). YTD 2024 pre-tax charge of $182M includes PP&E write-offs and employee severance costs. No specific employee headcount affected is disclosed.
2024-06-15restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member]USD 74,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 54,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 61,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-15restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019-02-152028-12-31Company-wide (FLNA 10%, QFNA 1%, PBNA 30%, LatAm 10%, Europe 25%, AMESA 5%, APAC 4%, Corporate 15% of expected charges)USD 96 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded and extended through 2028; total expected pre-tax charges approximately $3.65 billion including ~$2.9 billion cash expenditures. Q1 2024 charges of $96 million ($72 million severance and other employee costs, $1 million asset impairments, $23 million other costs); plan-to-date charges $2.0 billion. Restructuring liability of $226 million at quarter-end, substantially all expected to be paid by end of 2024. No employee counts disclosed.
2024-03-23otherin_progressUnited States and CanadaQFNAUSD 167 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Voluntary recall of certain bars and cereals; Q1 2024 pre-tax charge of $167 million ($128 million after-tax, $0.09 per share) in cost of sales for property, plant and equipment write-offs, employee severance costs and other costs. No employee counts disclosed.
2024-03-23restructuringin_progress2019-02-152028-12-31GlobalEnterprise-wide (2019 Multi-Year Productivity Plan)USD 96 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 charge of $96M ($76M after-tax); plan-to-date $1,996M of ~$3.65B expected. Severance accrual $226M at quarter-end. No employee count disclosed.
2024-03-23restructuringin_progress2024-12-31United StatesQuaker Foods North America (QFNA)USD 167 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax $167M charge ($128M after-tax, $0.09/sh) for PP&E write-offs, severance and other costs from voluntary recall of certain bars and cereals. No employee count disclosed.
2024-03-23restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 96 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Q1 2024 charges of $96 million include $72 million for severance/employee costs, $1 million for asset impairments, and $23 million for other costs. Plan to date charges total $1,996 million.
2024-03-23othercompleted2024-03-232024-03-23North AmericaQuaker Foods North America (QFNA)USD 167 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Voluntary recall of certain bars and cereals (Quaker Recall). Charges of $167 million include PP&E write-offs, employee severance costs, and other costs.
2024-03-23restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 96 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Q1 2024 charges include $72M severance/employee costs, $1M asset impairments, $23M other costs. Total plan-to-date charges $1,996M.
2024-03-23restructuringin_progressNorth AmericaQuaker Foods North AmericaUSD 167 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Quaker Recall related costs including PP&E write-offs and employee severance costs associated with voluntary recall of certain bars and cereals.
2024-03-23restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member]USD 96,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 76,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 89,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 72,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-23restructuringin_progressShare-based Compensation [Member]USD -5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-30restructuringin_progress2019-02-152028-12-31Global (expected charges split across all divisions)FLNA (15% of expected charges), QFNA (1%), PBNA (25%), LatAm (10%), Europe (25%), AMESA (5%), APAC (4%), Corporate (15%)USD 445 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year productivity plan announced February 15, 2019; expanded and extended in 2022 through end of 2028. Total expected pre-tax charges approximately $3.65 billion, including approximately $2.9 billion cash expenditures. FY2023 charges of $445 million comprised $243 million severance and other employee costs, $2 million asset impairments, and $200 million other costs. Cumulative plan-to-date charges $1.9 billion (cash $1.4 billion) through fiscal year-end 2023; approximately $500 million of charges expected in 2024. No employee headcount affected disclosed. Restructuring liability at 12/30/2023: $197 million, majority expected to be paid by end of 2024.
2023-12-30restructuringin_progress2019-02-152028-12-31GlobalEnterprise-wide (2019 Multi-Year Productivity Plan)USD 445 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2023 charges of $445M pre-tax ($349M after-tax) under the 2019 Productivity Plan, expanded in 2022 through 2028; plan-to-date charges of $1.9B through 12/30/2023. No employee-affected count disclosed; charges comprise severance, asset impairments and other implementation costs.
2023-12-30othercompletedNorth AmericaQuaker Foods North AmericaUSD 136 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Voluntary Quaker Recall of certain bars and cereals drove a $136M pre-tax charge ($104M after-tax) for product returns, inventory write-offs and customer/consumer costs; no workforce reduction quantified. Filer states QFNA volume, revenue and operating profit will remain negatively impacted in 2024.
2023-12-30restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 445 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Fiscal 2023 pre-tax charges of $445 million. Plan extended through 2028. Employee count not disclosed for 2023 activity.
2023-12-30restructuringin_progress2019-02-152028-12-31GlobalAll segmentsUSD 445 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. $445 million pre-tax charges incurred in 2023. Total expected pre-tax charges approximately $3.65 billion through 2028. Employee count affected not explicitly disclosed for 2023 activity.
2023-12-30restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 433,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member]USD 445,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 349,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 41,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 223,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 88,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 446,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 243,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 200,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-12-30restructuringin_progressUSD -1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-09restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 3,650 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan expanded and extended through 2028; expected pre-tax charges of approximately $3.65 billion including cash expenditures of approximately $2.9 billion, roughly 55% severance and employee-related costs. Plan-to-date charges of $1.7 billion through 9/9/2023; approximately $200 million of pre-tax charges expected for remainder of 2023. No employee counts disclosed in this filing.
2023-09-09restructuringin_progress2019-02-152028-12-31GlobalFLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, CorporateUSD 287 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan, expanded in 2022 through 2028. Total expected pre-tax charges ~$3.65B (~$2.9B cash); plan-to-date through 9/9/2023 charges $1.742B. 36-week 2023 charge $287M. Severance and other employee costs were $181M of the 36-week charge; no employee headcount affected is disclosed.
2023-09-09restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 287 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2028. YTD 2023 charges of $287M include severance, asset impairments, and other costs. No specific employee count disclosed for this period.
2023-09-09restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 287 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. YTD 2023 charges of $287M include $181M severance/employee costs, $1M asset impairments, $105M other costs. Plan extended through 2028.
2023-09-09restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 79,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 67,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 39,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-09restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 204 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded through 2028; YTD pre-tax charges of $204 million, primarily severance and other employee costs of $142 million; no employee counts disclosed. Plan-to-date charges $1.7 billion.
2023-06-17restructuringin_progress2019-02-152028-12-31GlobalAll divisions (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 3,650 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program expanded in 2022 through 2028; total expected pre-tax charges ~$3.65B incl. ~$2.9B cash, of which ~55% severance. Plan-to-date charges through 6/17/2023 were $1,659M; no employee-count disclosed.
2023-06-17restructuringin_progress2019-02-152023-12-31GlobalAll divisionsUSD 325 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Remaining 2023 expected pre-tax charges ~$325M and cash expenditures ~$350M under the 2019 Productivity Plan; no employee-count disclosed.
2023-06-17restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 204 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded in 2022 through end of 2028. YTD 2023 charges of $204M include $142M severance/employee costs and $62M other costs. No specific employee count disclosed for this period.
2023-06-17restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 204 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded through 2028. YTD 2023 charges of $204M include $142M severance/employee costs and $62M other costs. Employee count affected not disclosed.
2023-06-17restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 89,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member]USD 92,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 63,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 92,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 50,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-17restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019-02-152028-12-31All divisions and corporateUSD 112 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded in 2022 through end of 2028; expected total pre-tax charges approximately $3.65 billion including ~$2.9 billion cash expenditures. Q1 2023 charges of $112 million pre-tax ($98 million after-tax), primarily severance and other employee costs ($92 million). Plan-to-date charges $1.567 billion. Restructuring liability of $240 million at quarter-end, substantially all expected to be paid by end of 2023. No employee counts disclosed.
2023-03-25restructuringin_progress2019-02-152028-12-31GlobalEnterprise-wide (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 112 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program expanded/extended through 2028 in 2022; total expected pre-tax charges ~$3.65B (~$2.9B cash), plan-to-date charges $1,567M through 2023-03-25; Q1 2023 charges $112M (severance $92M, other $20M); severance liability $240M at quarter-end, substantially all expected paid by end of 2023; no employee headcount affected disclosed.
2023-03-25divestiture_reductioncompleted2022-01-012022-03-19North America and EuropePBNA and Europe (Juice brands)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tropicana, Naked and other select juice brands sold to PAI Partners for $3.5B cash plus 39% NCI in TBG; completed in prior-year quarter (12 weeks ended 2022-03-19), included here only as context — no headcount impact disclosed; no current-quarter divestiture headcount action.
2023-03-25restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 112 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2028. Q1 2023 charges include $92M severance/employee costs, $20M other costs. Total plan-to-date charges $1.567B.
2023-03-25restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 112 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges include severance, asset impairments, and other costs. No specific employee count disclosed for the quarter.
2023-03-25restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 110,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member]USD 112,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 98,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 89,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 113,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 92,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-25restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progress2019-02-152028-12-31GlobalAll seven divisions plus corporateUSD 411 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program expanded and extended in Q4 2022 through end of 2028; total expected pre-tax charges ~$3.65B (~$2.9B cash), of which ~55% severance/employee costs. FY2022 charges of $411M comprise $243M severance and other employee costs, $33M asset impairments, $135M other costs; plan-to-date cumulative charges $1.5B (cash $1.0B) through 2022-12-31, with ~$600M expected in 2023. Expected charges by division: FLNA 15%, QFNA 1%, PBNA 25%, LatAm 10%, Europe 25%, AMESA 5%, APAC 4%, Corporate 15%. Headcount affected not disclosed.
2022-12-31divestiture_reductioncompletedNorth America and EuropePBNA and Europe (Tropicana, Naked and other select juice brands)USD 145 (millions)other
f5-10k / GLM-5.3-flash-HTML
Sale to PAI Partners closed 2022-01-24 (North America) and 2022-02-01 (Europe); announcement date not restated in this filing. No employee headcount disclosed. $145M figure is pension and retiree medical obligations transferred to TBG with related assets — an obligation transfer, not a P&L charge; related divestiture charges of $71M were recorded separately.
2022-12-31restructuringin_progress2019-02-152028-12-31GlobalEnterprise-wide (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 411 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced 2019-02-15 and expanded/extended in Q4 2022 through end of 2028. Charge shown is FY2022 activity only ($411M total, including $380M operating charges and $31M other pension/retiree medical). Cumulative plan charges through 2022-12-31 were $1.5B pre-tax with $1.0B cash expenditures; total expected program charges ~$3.65B pre-tax including ~$2.9B cash. Employees affected not disclosed.
2022-12-31divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and Europe (Tropicana, Naked and other select juice brands)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold juice brands to PAI Partners for ~$3.5B cash plus 39% noncontrolling interest in TBG. North America portion closed 2022-01-24; Europe portion closed 2022-02-01. Headcount transferred not disclosed.
2022-12-31restructuringin_progress2019-02-152028-12-31GlobalAll DivisionsUSD 411 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded and extended through 2028 in Q4 2022. $411M pre-tax charges incurred in 2022. Total expected pre-tax charges approximately $3.65 billion.
2022-12-31restructuringin_progress2019-02-152028-12-31GlobalAll segmentsUSD 411 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded in Q4 2022 through end of 2028. $411M pre-tax charges incurred in 2022. Employee count affected not explicitly disclosed for 2022 activity.
2022-12-31restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 347,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 31,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member]USD 411,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 334,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 68,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 109,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 90,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 380,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 243,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 135,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-03restructuringin_progress2019-02-152026-12-31All divisions and corporateUSD 51 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded and extended through 2026; total expected pre-tax charges approximately $3.15 billion including ~$2.4 billion cash. Q3 2022 charges of $51 million; plan-to-date charges $1.17 billion. Employee counts affected not disclosed.
2022-09-03divestiture_reductioncompleted2022-01-24North America and EuropePBNA and Europe (Tropicana, Naked and other select juice brands)USD 3,321 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sold juice brands to PAI Partners for ~$3.5 billion cash plus 39% noncontrolling interest in Tropicana JV; pre-tax gain of $3.3 billion recorded in 36 weeks ended 2022-09-03. Headcount transferred not disclosed; $145 million of pension and retiree medical obligations and related assets transferred to the JV.
2022-09-03restructuringin_progress2019-02-152026-12-31GlobalFLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC and CorporateUSD 126 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan, expanded in 2021 through end of 2026; total expected pre-tax charges ~$3.15B (~$2.4B cash). Charges of $126M in the 36 weeks ended 9/3/2022 ($51M in the 12 weeks), of which severance and other employee costs were $41M YTD. Plan-to-date pre-tax charges $1.2B including $911M cash; ~$200M more expected in remainder of 2022. No employee headcount affected is disclosed.
2022-09-03restructuringin_progress2019-02-152026-12-31GlobalAll segmentsUSD 51 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded in 2021 through 2026. Q3 2022 charges of $51 million include severance, asset impairments, and other costs. Employee count not disclosed.
2022-09-03restructuringin_progress2019-02-152026-12-31GlobalAll segmentsUSD 126 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
YTD 2022 charges of $126 million for the 2019 Productivity Plan. Employee count not disclosed.
2022-09-03restructuringin_progress2019-02-152026-12-31GlobalAll DivisionsUSD 126 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges for 36 weeks ended Sept 3, 2022 include $41M severance/employee costs, $7M asset impairments, $78M other costs. Total plan charges expected ~$3.15B.
2022-09-03divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and EuropeUSD 61 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Juice Transaction: Sold Tropicana, Naked and other select juice brands to PAI Partners. Acquisition and divestiture-related charges of $61M recorded in 36 weeks ended Sept 3, 2022.
2022-09-03restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 50,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-03restructuringin_progressShare-based Compensation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11divestiture_reductioncompletedNorth America and EuropePBNA and Europe divisions (Tropicana, Naked and other select juice brands)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of juice brands to PAI Partners for ~$3.5 billion cash plus 39% interest in Tropicana JV; North America closed January 24, 2022 and Europe closed February 1, 2022. Pension and retiree medical obligations of $145 million and related assets were transferred to the Tropicana JV. No employee headcount figures disclosed.
2022-06-11restructuringin_progress2019-02-152026-12-31All divisions and corporateUSD 75 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded multi-year productivity plan through 2026 with expected pre-tax charges of ~$3.15 billion (~55% severance and employee costs). YTD charges of $75 million; severance liability of $60 million at June 11, 2022, substantially all expected to be paid by end of 2022. No employee counts disclosed.
2022-06-11restructuringin_progress2019-02-152026-12-31GlobalAll divisions (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 75 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax restructuring charges of $75M in the 24 weeks ended 2022-06-11; $1,119M plan-to-date through 2022-06-11 against total expected plan charges of ~$3.15B (~$2.4B cash), extended through 2026. Severance liability of $60M at 2022-06-11, substantially all expected paid by end of 2022. No employee headcount affected is disclosed.
2022-06-11divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and Europe (Tropicana, Naked and other select juice brands)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of juice brands to PAI Partners for ~$3.5B cash plus 39% noncontrolling interest; North America closed 2022-01-24, Europe closed 2022-02-01. No headcount impact disclosed.
2022-06-11restructuringin_progress2019-02-152026-12-31GlobalAll divisionsUSD 75 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded in 2021 through end of 2026. $75 million pre-tax charges recognized in Q2 2022 (24 weeks ended June 11, 2022). Employee count affected not disclosed.
2022-06-11restructuringin_progress2019-02-152026-12-31GlobalAll divisionsUSD 48 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. $48 million pre-tax charges recognized in Q2 2022 (12 weeks ended June 11, 2022). Employee count affected not disclosed.
2022-06-11restructuringin_progress2019-02-152026-12-31GlobalAll DivisionsUSD 75 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded through 2026. Q2 2022 charges include $31M severance/employee costs and $44M other costs. Total expected pre-tax charges approx $3.15B.
2022-06-11divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and EuropeUSD 58 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Tropicana, Naked and other select juice brands to PAI Partners (Juice Transaction). Employee headcount not explicitly disclosed.
2022-06-11restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 45,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 45,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-11restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19divestiture_reductioncompletedNorth America and EuropePBNA and Europe divisions (Tropicana, Naked and other select juice brands)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sold juice brands to PAI Partners for ~$3.5 billion cash plus 39% noncontrolling interest in Tropicana JV; North America closed January 24, 2022 and Europe closed February 1, 2022. Approximately $145 million of pension and retiree medical obligations and related assets transferred to the Tropicana JV. No employee headcount figures disclosed.
2022-03-19restructuringin_progress2019-02-152026-12-31All divisions and corporateUSD 3,150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded and extended through end of 2026; expected pre-tax charges of ~$3.15 billion including ~$2.4 billion cash expenditures, roughly 55% severance and other employee-related costs. Plan-to-date charges of $1.1 billion through March 19, 2022; ~$325 million expected in remainder of 2022. No employee counts disclosed.
2022-03-19otherin_progressRussia and UkraineEurope divisionUSD 241 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Suspended majority of operations in Ukraine and in process of suspending sales of Pepsi-Cola and certain other global beverage brands, discretionary capital investments, and advertising and promotional activities in Russia. Charges include $123 million PP&E impairment, $37 million credit-loss allowance, $33 million inventory write-downs, and $48 million other. No employee counts disclosed.
2022-03-19restructuringin_progress2019-02-152026-12-31GlobalAll divisions and corporateUSD 27 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2022 charges of $27M (incl. $11M severance and other employee costs); plan-to-date charges $1.1B of ~$3.15B expected through 2026. Employee headcount affected not disclosed in this filing.
2022-03-19restructuringin_progress2019-02-152026-12-31GlobalMultiple segmentsUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2026. Q1 2022 charges of $27M include $11M severance and $16M other costs. Plan to date charges are $1.071B.
2022-03-19divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and EuropeUSD 50 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of Tropicana, Naked and other select juice brands to PAI Partners. Transaction completed Jan 24 (NA) and Feb 1 (Europe). $50M acquisition/divestiture-related charges recorded.
2022-03-19restructuringin_progress2019-02-152026-12-31GlobalAll DivisionsUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Q1 2022 charges of $27M include $11M severance/employee costs and $16M other costs. Employee count affected in this period not disclosed.
2022-03-19divestiture_reductioncompleted2022-01-242022-02-01North America and EuropePBNA and EuropeUSD 50 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Tropicana, Naked and other select juice brands (Juice Transaction). $50M in acquisition and divestiture-related charges recorded. Employee count removed not disclosed.
2022-03-19restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-19restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-25restructuringin_progress2019-02-152026-12-31United States and CanadaFLNAUSD 28 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan, extended through end-2026. FY2021 program charges totaled $247M, including ~$120M severance/employee costs; cumulative charges ~$1.0B through FY2021 against ~$3.15B expected, ~$350M expected in FY2022. No employee counts disclosed. Division expected share of program charges: 15%.
2021-12-25restructuringin_progress2019-02-152026-12-31United States and CanadaPBNAUSD 20 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Division expected share of program charges: 25%.
2021-12-25restructuringin_progress2019-02-152026-12-31Latin AmericaLatAmUSD 37 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Division expected share of program charges: 10%.
2021-12-25restructuringin_progress2019-02-152026-12-31EuropeEuropeUSD 81 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Division expected share of program charges: 25%.
2021-12-25restructuringin_progress2019-02-152026-12-31Africa, Middle East and South AsiaAMESAUSD 15 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Division expected share of program charges: 5%.
2021-12-25restructuringin_progress2019-02-152026-12-31Asia Pacific, Australia/New Zealand and China regionAPACUSD 7 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Division expected share of program charges: 4%.
2021-12-25restructuringin_progress2019-02-152026-12-31GlobalCorporate unallocated expensesUSD 49 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 charge under the 2019 Multi-Year Productivity Plan (program context identical to FLNA record). Corporate expected share of program charges: 15%.
2021-12-25restructuringin_progress2019-02-152026-12-31GlobalOther pension and retiree medical benefits expenseUSD 10 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2021 restructuring-related pension/retiree medical expense; this component completes the $247M FY2021 program total together with the division charges.
2021-12-25divestiture_reductioncompleted2022-02-01North America and EuropePBNA and EuropeUSD 3 (billions)other
f5-10k / GLM-5.3-flash-HTML
Sale of Tropicana, Naked and select juice brands to PAI Partners with PepsiCo retaining a 39% noncontrolling JV interest and acting as exclusive U.S. distributor for small-format/foodservice chilled DSD. North America closed 2022-01-24 and Europe 2022-02-01, after fiscal year-end but before filing. Headcount transferred not disclosed; ~$150M of pension/retiree medical obligations and related assets moved to the JV. The $3B figure is the expected pre-tax gain (Q1 2022), not a charge.
2021-12-25restructuringin_progress2019-02-152026-12-31GlobalAll divisions plus corporateUSD 247 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2021 pre-tax charges of $247M (includes $10M other pension and retiree medical expense); no employee-affected count disclosed. Program expanded and extended through 2026 with total expected pre-tax charges of ~$3.15B (~$2.4B cash). Cumulative plan charges through 12/25/2021 were $1.0B with $776M cash expenditures. FY2021 charges by division: FLNA $28M, PBNA $20M, LatAm $37M, Europe $81M, AMESA $15M, APAC $7M, Corporate $49M. Company expects ~$350M of charges (~$300M cash) in FY2022.
2021-12-25divestiture_reductioncompleted2022-02-01North America and EuropePBNA and Europesubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Tropicana, Naked and other select juice brands to PAI Partners for ~$3.5B cash plus a 39% noncontrolling interest; these businesses generated ~$3B of FY2021 net revenue. North America portion closed 2022-01-24 and Europe portion closed 2022-02-01, both before the 2022-02-09 filing date. No headcount associated with the transaction is disclosed; company expects a pre-tax gain of ~$3B in Q1 2022 rather than a charge.
2021-12-25restructuringin_progress2019-02-152026-12-31GlobalAll DivisionsUSD 247 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded and extended through end of 2026. $247 million pre-tax charges incurred in 2021. Total expected pre-tax charges approximately $3.15 billion.
2021-12-25restructuringin_progress2019-02-152026-12-31GlobalAll segmentsUSD 247 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Fiscal 2021 pre-tax charges were $247 million. Total expected pre-tax charges are approximately $3.15 billion through 2026. Employee count affected in FY2021 is not explicitly disclosed in the footnote, only financial charges.
2021-12-25restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 208,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member]USD 247,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 206,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 37,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 81,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 237,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 120,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 95,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-25restructuringin_progressUSD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-04restructuringin_progress2019-02-152026-12-31Multi-division (FLNA 15%, QFNA 1%, PBNA 25%, LatAm 10%, Europe 25%, AMESA 6%, APAC 3%, Corporate 15% of expected charges)USD 3,150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan expanded and extended through end of 2026; total expected pre-tax charges raised from ~$2.5B to ~$3.15B, including ~$2.4B cash. Charges ~65% severance/employee costs, ~10% asset impairments, ~25% other. $926M incurred plan-to-date through 2021-09-04; ~$150M expected in remainder of 2021. No employee counts disclosed.
2021-09-04divestiture_reductionannounced2021-08-022022-12-31North America and EuropePBNA and Europe segments; corporate unallocated expensesUSD 3,300 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement with PAI Partners to sell Tropicana, Naked and other select juice brands, retaining 39% noncontrolling interest in a new joint venture; ~$3.3B pre-tax cash proceeds. $1.9B assets and $0.8B liabilities reclassified as held for sale. No headcount figures disclosed; businesses generated ~$3B net revenue in 2020.
2021-09-04restructuringin_progress2019-02-152026-12-31GlobalFLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, CorporateUSD 3,150 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan expanded and extended through 2026; total expected pre-tax charges raised to ~$3.15B (cash ~$2.4B) from prior ~$2.5B estimate. Plan-to-date charges $926M through 2021-09-04; ~$150M expected for remainder of 2021. Severance and other employee costs of $521M incurred plan-to-date. No employee-affected counts disclosed.
2021-09-04divestiture_reductionannounced2021-08-022022-03-31North America and EuropePBNA and Europe (juice brands)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement with PAI Partners to sell Tropicana, Naked and other select juice brands plus an option on certain European juice businesses; ~$3.3B pre-tax cash proceeds, PepsiCo retaining 39% NCI. Expected to close late 2021 or early 2022. $1.9B assets and $0.8B liabilities reclassified as held for sale at 2021-09-04. No headcount impact disclosed.
2021-09-04restructuringin_progress2019-02-152026-12-31GlobalAll SegmentsUSD 129 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2026. Total expected pre-tax charges increased to $3.15 billion. YTD 2021 charges were $129 million. Employee counts affected not disclosed.
2021-09-04restructuringin_progress2019-02-152026-12-31GlobalAll SegmentsUSD 129 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded through 2026. Total expected pre-tax charges increased to $3.15 billion. Q3 2021 charges of $129 million include severance, asset impairments, and other costs. Employee count affected not disclosed in this period.
2021-09-04restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member]USD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 45,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-04restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019-02-152026-12-31Multi-segment; expected charges by division: FLNA 15%, QFNA 1%, PBNA 25%, LatAm 10%, Europe 30%, AMESA 5%, APAC 3%, Corporate 11%USD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan expanded and extended through end of 2026; total expected pre-tax charges raised to approximately $3.15 billion (from $2.5 billion), including approximately $2.4 billion cash expenditures. Plan-to-date pre-tax charges of $874 million through June 12, 2021, including $622 million cash. Q2 2021 charges of $34 million pre-tax ($29 million after-tax); YTD charges $77 million pre-tax. Charges comprise severance and other employee costs, asset impairments, and other implementation costs. Restructuring liability of $93 million at June 12, 2021, substantially all expected to be paid by end of 2021. No employee headcount figures disclosed.
2021-06-12restructuringin_progress2019-02-152026-12-31GlobalEnterprise-wide (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 3,150 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program expanded and extended through 2026; total expected pre-tax charges raised to ~$3.15B (cash ~$2.4B) from prior ~$2.5B estimate. Charges comprise ~65% severance/employee costs, ~10% asset impairments, ~25% other implementation costs. No employee headcount affected is disclosed.
2021-06-12restructuringin_progress2019-02-152026-12-31GlobalAll segmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan expanded through 2026. Q2 2021 charges of $34M include $15M severance, $1M asset impairments, and $18M other costs. Total plan charges expected to be ~$3.15B.
2021-06-12restructuringin_progress2019-02-152026-12-31GlobalAll segmentsUSD 77 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
YTD 2021 charges of $77M include $49M severance, $1M asset impairments, and $27M other costs. Total plan charges expected to be ~$3.15B.
2021-06-12restructuringin_progress2019-02-152026-12-31GlobalAll SegmentsUSD 77 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan expanded through 2026. YTD 2021 charges of $77M include $49M severance/employee costs, $1M asset impairments, $27M other costs. Employee count not disclosed.
2021-06-12restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member]USD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-12restructuringin_progressShare-based Compensation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019-02-152023-12-31Multi-segment (FLNA 15%, QFNA 1%, PBNA 30%, LatAm 10%, Europe 25%, AMESA 5%, APAC 3%, Corporate 11% of expected charges)USD 43 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan with ~$2.5B expected pre-tax charges (~$1.6B cash); $840M incurred plan-to-date through 2021-03-20; Q1 2021 charge of $43M, mostly severance and employee costs ($34M). No employee counts disclosed. Restructuring liability of $116M at quarter-end, substantially all expected to be paid by end of 2021.
2021-03-20restructuringin_progress2019-02-152023-12-31GlobalAll divisions (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 43 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced 2019-02-15 with expected total pre-tax charges of ~$2.5B (~$1.6B cash); $43M charged in the 12 weeks ended 2021-03-20 ($35M after-tax). Plan-to-date charges of $840M through 2021-03-20. Severance and other employee costs of $34M recognized in the quarter; restructuring accrual of $116M at 2021-03-20, substantially all expected to be paid by end of 2021. No employee headcount affected disclosed.
2021-03-20restructuringin_progress2019-02-152023-12-31GlobalAll DivisionsUSD 43 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Total expected pre-tax charges of $2.5 billion. $43 million incurred in Q1 2021. Plan to date charges of $840 million.
2021-03-20restructuringin_progress2019-02-152023-12-31FLNAFrito-Lay North AmericaUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31QFNAQuaker Foods North AmericaUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31PBNAPepsiCo Beverages North AmericaUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31LatAmLatin AmericaUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31EuropeEuropeUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31AMESAAfrica, Middle East and South AsiaUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31APACAsia Pacific, Australia and New Zealand and China regionUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31CorporateCorporate UnallocatedUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of 2019 Productivity Plan.
2021-03-20restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 43 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Q1 2021 charges of $43M include $34M severance/employee costs, $0M asset impairments, and $9M other costs. Plan to date charges are $840M. Employee count affected in Q1 not disclosed.
2021-03-20restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 37,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressOther than 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-20restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-26restructuringin_progress2019-02-152023Global (all segments)All segments and corporate; expected total-plan allocation: PBNA 30%, Europe 25%, Corporate 11%, FLNA 15%, LatAm 10%, AMESA 5%, APAC 3%, QFNA 1%USD 289 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fiscal 2020 pre-tax charges of $289M ($158M severance/employee costs, $33M asset impairments, $98M other). Cumulative plan-to-date charges of $797M through 2020-12-26 against ~$2.5B total expected (~$1.6B cash). Restructuring liability of $127M at year-end expected to be substantially paid by end of 2021. Number of employees affected not disclosed. 2014 Productivity Plan was completed in 2019 (prior year, not captured).
2020-12-26acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired all outstanding shares of Pioneer Food Group Ltd. for ~$1.2 billion cash (110.00 rand/share); headcount added not disclosed. Acquisition also carried ~$0.4 billion of South Africa socioeconomic-program commitments, including ~$0.1 billion expensed in 2020.
2020-12-26acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired Rockstar Energy Beverages for ~$3.85 billion upfront cash plus ~$0.9 billion contingent consideration for estimated future tax benefits; headcount added not disclosed.
2020-12-26acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired Hangzhou Haomusi Food Co., Ltd. (Be & Cheery) for ~$0.7 billion in cash; headcount added not disclosed.
2020-12-26acquisition_additioncompletedFLNAbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired BFY Brands, Inc. during fiscal 2020 (specific date not stated in the provided filing text); drove $29M of FLNA merger and integration charges in 2020. Headcount added not disclosed.
2020-12-26restructuringin_progress2019-02-152023-12-31GlobalAll divisions and corporateUSD 289 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan. $289M pre-tax charges recorded in FY2020; cumulative $797M through 12/26/2020 against total plan estimate of ~$2.5B. Employee-affected counts not disclosed.
2020-12-26acquisition_additioncompleted2020-03-232020-03-23South AfricaAMESAUSD 173 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Pioneer Foods. Headcount added not disclosed. $173M inventory fair value adjustments and merger/integration charges recorded in AMESA for FY2020.
2020-12-26acquisition_additioncompleted2020-04-242020-04-24United StatesPBNAUSD 66 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Rockstar Energy Beverages for ~$3.85B cash plus contingent consideration. Headcount added not disclosed. $66M merger/integration charges recorded in PBNA for FY2020.
2020-12-26acquisition_additioncompleted2020-06-012020-06-01ChinaAPACUSD 7 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Be & Cheery (Hangzhou Haomusi Food Co., Ltd.) for ~$0.7B. Headcount added not disclosed. $7M merger/integration charges recorded in APAC for FY2020.
2020-12-26acquisition_additioncompleted2020-12-262020-12-26United StatesFLNAUSD 29 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of BFY Brands, Inc. Headcount added not disclosed. $29M inventory fair value adjustments and merger/integration charges recorded in FLNA for FY2020.
2020-12-26restructuringin_progress2019-02-152023-12-31GlobalAll DivisionsUSD 289 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. $289 million pre-tax charges incurred in 2020. Plan expected to complete by 2023.
2020-12-26restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 289 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Pre-tax charges of $289 million incurred in 2020. Total expected pre-tax charges approx $2.5 billion. Employee count affected not explicitly disclosed for 2020 activity.
2020-12-26restructuringin_progress2019 Productivity Plan [Member]USD 289,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2014 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 and 2014 Productivity Plans [Member]USD 289,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressOther productivity initiatives [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressUSD 289,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 239,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 231,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Latin America (Segment) [Member]USD 31,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Europe (Segment) [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 36,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 269,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 158,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-26restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 98,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-05restructuringin_progress2019-02-152023-12-31Multi-segment (FLNA 11%, QFNA 2%, PBNA 30%, LatAm 10%, Europe 25%, AMESA 8%, APAC 5%, Corporate 9% of expected charges)USD 124 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan announced February 15, 2019; total expected pre-tax charges of approximately $2.5 billion (about 70% severance and employee-related costs, 15% asset impairments, 15% other) and cash expenditures of approximately $1.6 billion; $632 million of charges incurred plan to date through September 5, 2020; YTD 2020 charges of $124 million ($101 million after-tax); restructuring liability of $81 million at September 5, 2020, substantially all expected to be paid by end of 2020. No employee counts disclosed.
2020-09-05acquisition_additioncompleted2020-03-23South AfricaAMESAUSD 169 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Pioneer Foods for approximately $1.2 billion; includes commitments to the South Africa Competition Commission of approximately $0.5 billion in value for employees, agricultural development, education and enterprise programs; merger and integration charges of $169 million YTD. No headcount figures disclosed.
2020-09-05acquisition_additioncompleted2020-04-24United StatesPBNAUSD 60 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Rockstar for approximately $3.85 billion upfront plus contingent consideration of approximately $0.85 billion; merger and integration charges of $60 million YTD. No headcount figures disclosed.
2020-09-05acquisition_additioncompleted2020-06-01ChinaAPACUSD 5 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired Be & Cheery for approximately $0.7 billion; merger and integration charges of $5 million YTD. No headcount figures disclosed.
2020-09-05restructuringin_progress2019-02-152023GlobalAll divisions and CorporateUSD 124 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge shown is for the 36 weeks ended 2020-09-05; plan-to-date charges of $632M against ~$2.5B expected total. No employee-affected counts disclosed; severance and other employee costs of $47M recorded YTD with a $73M severance liability at quarter end.
2020-09-05acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All outstanding shares acquired for 110.00 ZAR per share, ~$1.2B consideration; no headcount added disclosed.
2020-09-05acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Upfront cash payment ~$3.85B plus ~$0.85B contingent consideration; no headcount added disclosed.
2020-09-05acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All outstanding shares acquired for ~$0.7B cash; no headcount added disclosed.
2020-09-05restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 124 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Pre-tax charges of $124 million recorded in 36 weeks ended Sept 5, 2020. Plan to date charges $632 million. Expected completion by 2023.
2020-09-05acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Pioneer Food Group Ltd. Headcount not explicitly disclosed.
2020-09-05acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Rockstar Energy Beverages. Headcount not explicitly disclosed.
2020-09-05acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not explicitly disclosed.
2020-09-05restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 124 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. YTD 2020 charges of $124M include $47M severance/employee costs, $20M asset impairments, $57M other costs. Employee count not disclosed.
2020-09-05acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Pioneer Food Group Ltd. Headcount not disclosed.
2020-09-05acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Rockstar Energy Beverages. Headcount not disclosed.
2020-09-05acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not disclosed.
2020-09-05restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 59,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member]USD 61,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Europe [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 60,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-05restructuringin_progressShare-based Compensation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019-02-152023-12-31All segments and corporateUSD 571 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan announced February 2019; total expected pre-tax charges approximately $2.5 billion with $571 million incurred plan-to-date through June 13, 2020. Severance and other employee costs of $310 million plan-to-date; no employee counts disclosed. Restructuring liability of $90 million at June 13, 2020, substantially all expected to be paid by end of 2020.
2020-06-13restructuringin_progress2019-02-152023-12-31GlobalCompany-wide (all seven divisions plus corporate)USD 2,500 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected total pre-tax charges of approximately $2.5 billion and cash expenditures of approximately $1.6 billion; $571 million of charges incurred plan-to-date through 2020-06-13 ($63 million in the 24 weeks ended). No employee-affected headcount disclosed. Expected completion by 2023; expected completion date is year-level precision from filing text.
2020-06-13acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding shares for 110.00 South African rand per share; total consideration approximately $1.2 billion. No acquired headcount disclosed; purchase price allocation preliminary.
2020-06-13acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Upfront cash payment of approximately $3.85 billion plus contingent consideration of approximately $0.85 billion related to estimated future tax benefits. No acquired headcount disclosed; purchase price allocation preliminary.
2020-06-13acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Total consideration approximately $0.7 billion; to be accounted for as a business combination in Q3 2020. No acquired headcount disclosed.
2020-06-13restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 63 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Total expected pre-tax charges approx $2.5 billion. $571 million incurred to date through June 13, 2020. Q2 2020 charges of $63 million include severance, asset impairments, and other costs. Employee count not disclosed.
2020-06-13acquisition_additioncompleted2020-03-23South AfricaAMESAUSD 1,200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Pioneer Food Group Ltd. Total consideration approx $1.2 billion. Employee count not disclosed.
2020-06-13acquisition_additioncompleted2020-04-24United StatesPBNAUSD 3,850 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Rockstar Energy Beverages. Upfront cash payment approx $3.85 billion plus contingent consideration. Employee count not disclosed.
2020-06-13acquisition_additioncompleted2020-06-01ChinaAPACUSD 700 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Total consideration approx $0.7 billion. Employee count not disclosed.
2020-06-13restructuringin_progress2019-10-012023-12-31GlobalAll SegmentsUSD 63 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Productivity Plan. YTD charges of $63M include severance, asset impairments, and other costs. Employee count not disclosed.
2020-06-13acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Pioneer Food Group Ltd. Headcount not disclosed.
2020-06-13acquisition_additioncompleted2020-04-24United StatesPBNAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Rockstar Energy Beverages. Headcount not disclosed.
2020-06-13acquisition_additioncompleted2020-06-01ChinaAPACbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not disclosed.
2020-06-13restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Europe [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-13restructuringin_progressShare-based Compensation [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019-02-152023-12-31All segments and corporateUSD 38 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan with ~$2.5B expected pre-tax charges (~70% severance/employee-related); $546M incurred plan-to-date; Q1 2020 charges of $38M include $22M severance and other employee costs; no employee counts disclosed.
2020-03-21restructuringin_progress2019-02-152023-12-31GlobalAll divisionsUSD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan; $38M charges in Q1 2020; $546M incurred plan-to-date; no employee count disclosed
2020-03-21acquisition_additioncompletedSouth AfricaAMESAUSD 1,200 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pioneer Foods acquired 2020-03-23 for ~$1.2B; no headcount disclosed
2020-03-21acquisition_additionannounced2020-04-242020-06-30United StatesPBNAUSD 3,850 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Rockstar Energy acquired post-quarter for ~$3.85B upfront; no headcount disclosed
2020-03-21acquisition_additionannounced2020-02-212020-12-31ChinaAPACUSD 705 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Be & Cheery acquisition agreement signed 2020-02-21 for $705M; expected close H2 2020; no headcount disclosed
2020-03-21restructuringin_progress2019-02-152023-12-31GlobalMultiple segments (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate)USD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Total expected pre-tax charges approx $2.5 billion. $546 million incurred to date through March 21, 2020. Q1 2020 charges include $22M severance, $1M asset impairment, $15M other costs. No specific employee count disclosed for Q1 activity.
2020-03-21acquisition_additioncompleted2020-03-23South AfricaAMESAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Pioneer Food Group Ltd. for approx $1.2 billion. Headcount not explicitly disclosed.
2020-03-21acquisition_additionannounced2020-04-24GlobalPBNAsubsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Rockstar Energy Beverages for approx $3.85 billion upfront cash plus contingent consideration. Headcount not explicitly disclosed.
2020-03-21acquisition_additionannounced2020-02-212020-12-31ChinaAPACsubsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Agreement to acquire Hangzhou Haomusi Food Co., Ltd. (Be & Cheery) for $705 million. Expected to close in second half of 2020. Headcount not explicitly disclosed.
2020-03-21restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Q1 2020 charges of $38M recorded. Total expected pre-tax charges approx $2.5B. Employee count affected not disclosed in this filing.
2020-03-21restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Europe [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-21restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-28restructuringin_progress2019-02-152023Global (multiple countries)All seven reportable segments (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC) plus corporateUSD 508 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2019 Multi-Year Productivity Plan, announced February 15, 2019. Charge is cumulative plan-to-date through fiscal year-end 2019 (includes $138 million recorded in fiscal 2018); fiscal 2019 charges alone were $370 million, plus expected 2020 charges of approximately $450 million. Expected total pre-tax charges approximately $2.5 billion and expected cash expenditures approximately $1.6 billion ($261 million incurred plan-to-date). Composition roughly 70% severance and other employee costs, 15% non-cash asset impairments from plant closures and related actions, 15% other costs; plan-to-date severance and other employee costs were $286 million, asset impairments $92 million, other costs $130 million. Year-end 2019 restructuring accrual of $149 million (predominantly severance) expected to be substantially paid by end of 2020. Plan-to-date charges allocated across all segments (e.g., Europe $105 million, PBNA $91 million). No affected-employee headcount disclosed.
2019-12-28acquisition_additionannounced2019-07-192020South AfricaAMESAbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Agreement to acquire all outstanding shares of Pioneer Foods, a South African food and beverage company, for 110.00 South African rand per share; transaction valued at approximately $1.7 billion. Expected to be recorded primarily in the AMESA segment. Closing subject to regulatory approvals and customary conditions, expected in the first half of 2020; bridge loan facilities established to fund the deal. No employee counts disclosed.
2019-12-28divestiture_reductioncompletedIndiaAMESAMD&A
f5-10k / GLM-5.3-flash-HTML
A portion of the beverage business in India was refranchised during fiscal 2019, reducing reported AMESA net revenue by 3 percentage points. No specific dates, employee counts, or associated charges disclosed.
2019-12-28restructuringin_progress2019-02-152023-12-31GlobalAll divisionsUSD 508 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2019 Multi-Year Productivity Plan; $508M pre-tax charges incurred cumulative through 12/28/2019 of approximately $2.5B total expected; approximately $1.6B expected cash expenditures, of which ~$261M incurred to date; expected to complete by 2023.
2019-12-28acquisition_additionannounced2019-07-192020-06-30South AfricaAMESAUSD 1,700 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Pioneer Foods for 110.00 South African rand per share, transaction valued at approximately $1.7 billion; closing expected in first half of 2020; headcount impact not disclosed.
2019-12-28restructuringin_progress2019-02-152023-12-31GlobalGlobalUSD 508 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. Pre-tax charges incurred to date through Dec 28, 2019 were $508 million. Total expected pre-tax charges are approximately $2.5 billion. Employee count affected not disclosed.
2019-12-28restructuringcompleted2014-02-132019-12-28GlobalGlobalUSD 1,300 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Completed in 2019. Total plan pre-tax charges approximated $1.3 billion. Employee count affected not disclosed.
2019-12-28restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 370 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Pre-tax charges incurred in 2019 were $370 million. Total expected pre-tax charges are approximately $2.5 billion. Employee count affected not explicitly disclosed in footnote.
2019-12-28restructuringcompleted2014-02-132019-12-31GlobalAll segmentsUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan completed in 2019. No material pre-tax charges recorded in 2019. Total plan pre-tax charges approximated $1.3 billion.
2019-12-28restructuringin_progress2019 Productivity Plan [Member]USD 370,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2014 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 and 2014 Productivity Plans [Member]USD 370,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressOther productivity initiatives [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressUSD 373,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 115,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 253,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 303,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 62,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Europe [Member]USD 99,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progress2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 368,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 149,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 92,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 129,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-07restructuringin_progress2019-02-152023-12-31Multi-segment; expected charges by division: FLNA 10%, QFNA 3%, PBNA 35%, LatAm 12%, ESSA 25%, AMENA 13%, Corporate 2%USD 2,500 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan announced February 15, 2019; total expected pre-tax charges approximately $2.5 billion through fiscal 2023, of which $420 million incurred to date. Charges expected to be roughly 70% severance and other employee-related costs, 15% asset impairments, 15% other implementation costs. Expected cash expenditures approximately $1.6 billion. No employee headcount figures disclosed.
2019-09-07restructuringin_progress2019-02-152023-12-31GlobalAll divisions (FLNA, QFNA, PBNA, LatAm, ESSA, AMENA, Corporate)USD 420 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan to date charges of $420M ($282M in the 36 weeks ended 9/7/2019) against total expected pre-tax charges of approximately $2.5 billion; roughly $200M more expected in remainder of 2019 with balance in fiscal 2020-2023. Expected cash expenditures of approximately $1.6 billion, $136M incurred to date. Severance accrual of $117M at 9/7/2019. No employee headcount affected is disclosed.
2019-09-07acquisition_additionannounced2019-07-192020-03-31South Africabusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire all outstanding shares at ZAR 110.00 per share, transaction valued at approximately $1.7 billion; subject to shareholder vote and regulatory approvals, closing expected by Q1 2020. No headcount associated with the transaction is disclosed.
2019-09-07restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 420 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan. $420M incurred to date as of Sept 7, 2019. Total expected pre-tax charges approx $2.5B. Majority of charges expected in FY2019-2021.
2019-09-07restructuringcompleted2014-02-132019-12-31GlobalAll segmentsrestructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Substantially completed. No material charges expected in 2019. Total pre-tax charges approx $1.3B.
2019-09-07restructuringin_progress2019-02-15GlobalAll SegmentsUSD 282 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges incurred for 36 weeks ended Sept 7, 2019 include $105M severance/employee costs, $87M asset impairments, and $90M other costs. Total plan-to-date charges are $420M. Employee count affected is not disclosed.
2019-09-07restructuringcompleted2014-02-13GlobalAll SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Substantially completed. No material charges incurred in current period. Cash payments of $115M made in 36 weeks ended Sept 7, 2019.
2019-09-07restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member]USD 98,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 82,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / Europe Sub-Saharan Africa [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progress2019 Productivity Plan [Member] / Asia, Middle East and North Africa [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 93,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 65,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-07restructuringin_progressShare-based Compensation [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019-02-152023-12-31Multi-segment; expected charges by division: FLNA 10%, QFNA 3%, PBNA 35%, LatAm 12%, ESSA 25%, AMENA 13%, Corporate 2%USD 322 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan announced February 15, 2019 to simplify processes, re-engineer go-to-market systems and optimize manufacturing/supply chain footprint. Total expected pre-tax charges approximately $2.5 billion (about 70% severance and employee-related costs, 15% asset impairments, 15% other implementation costs); $322 million incurred plan-to-date as of June 15, 2019, including $184 million in the 24 weeks ended June 15, 2019. Expected cash expenditures approximately $1.6 billion, with $66 million incurred to date. No employee headcount figures disclosed.
2019-06-15restructuringcompleted2014-02-132019-12-31Multi-segmentUSD 1,300 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program substantially completed; no material charges expected in 2019. Total program pre-tax charges approximated $1.3 billion with cash expenditures of approximately $960 million. Cash payments of $89 million in the 24 weeks ended June 15, 2019. No employee headcount figures disclosed.
2019-06-15restructuringin_progress2019-02-152023-12-31Global (FLNA, QFNA, PBNA, LatAm, ESSA, AMENA, Corporate)Multiple divisions; includes manufacturing footprint optimization and organization simplificationUSD 184 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
24-week charge of $184M ($158M in the 12-week quarter); plan-to-date charges $322M of ~$2.5B expected total pre-tax charges. No employee headcount affected is disclosed. Expected completion spans fiscal 2019-2023.
2019-06-15restructuringin_progress2014-02-132019-12-31GlobalMultiple divisions; manufacturing automation, footprint optimization, shared servicesrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program substantially complete; no material charges in the current periods. Cash payments of $89M in the 24 weeks ended June 15, 2019. Total program estimates of $1.3B pre-tax charges and $960M cash expenditures. No employee headcount affected disclosed.
2019-06-15restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 184 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan announced Feb 15, 2019. YTD charges of $184M include severance, asset impairments, and other costs. Employee count not disclosed.
2019-06-15restructuringcompleted2014-02-132019-12-31GlobalAll SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Substantially completed; no material charges incurred in current period.
2019-06-15restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 184 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan. Charges incurred YTD include $40M severance/employee costs, $84M asset impairments, and $60M other costs. Total expected pre-tax charges approx $2.5B.
2019-06-15restructuringin_progressCost of Sales [Member] / 2019 Productivity Plan [Member]USD 82,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressSelling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member]USD 76,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressOther pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member]USD 158,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressAfter-tax amount [Member] / 2019 Productivity Plan [Member]USD 120,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / Frito Lay North America [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / Quaker Foods North America [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / Latin America [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / Europe Sub-Saharan Africa [Member]USD 53,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progress2019 Productivity Plan [Member] / Asia, Middle East and North Africa [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressCorporate, Non-Segment [Member] / 2019 Productivity Plan [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressRestructuring, Settlement and Impairment Provisions, less Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member]USD 158,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressEmployee Severance [Member] / 2019 Productivity Plan [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressAsset Impairment [Member] / 2019 Productivity Plan [Member]USD 76,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressOther Restructuring [Member] / 2019 Productivity Plan [Member]USD 39,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-15restructuringin_progressShare-based Compensation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-23restructuringin_progress2019-02-152023-12-31Multi-segment; expected charges by division: FLNA 10%, QFNA 3%, PBNA 35%, LatAm 12%, ESSA 25%, AMENA 13%, Corporate 2%USD 164 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan announced Feb 15, 2019 to simplify, harmonize and automate processes, re-engineer go-to-market and information systems, and optimize manufacturing and supply chain footprint. Total expected pre-tax charges approximately $2.5 billion (about 70% severance and other employee-related costs, 15% asset impairments, 15% other implementation costs); expected cash expenditures approximately $1.6 billion. Charges of $164 million incurred plan-to-date through Q1 2019, including $26 million in the 12 weeks ended March 23, 2019. Restructuring accrual of $123 million at quarter-end substantially expected to be paid by end of 2019. No employee headcount figures disclosed.
2019-03-23restructuringcompleted2014-02-132019-12-31Multi-segmentUSD 1,300 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program substantially completed; no material charges expected in 2019. Total pre-tax charges approximated $1.3 billion with cash expenditures of approximately $960 million. Cash payments of $42 million in the 12 weeks ended March 23, 2019; remaining accrual of approximately $70 million expected to be paid by end of 2019. No employee headcount figures disclosed.
2019-03-23restructuringin_progress2019-02-152023-12-31GlobalEnterprise-wide (FLNA, QFNA, PBNA, LatAm, ESSA, AMENA, Corporate)USD 26 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2019 charge of $26M ($23M after tax, $0.02/share); $164M incurred plan-to-date. Full program estimated at ~$2.5B pre-tax charges and ~$1.6B cash expenditures through 2023; ~$800M of charges expected for remainder of 2019. No employee headcount affected disclosed.
2019-03-23restructuringcompleted2014-02-132019-12-31GlobalEnterprise-widerestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program substantially complete; no material Q1 2019 charges, cash payments of $42M in the quarter. Total program estimates of $1.3B pre-tax charges and $960M cash expenditures. No employee headcount affected disclosed.
2019-03-23acquisition_additioncompleted2018-12-052018-12-05Global (recorded in ESSA segment)ESSAUSD 15 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of SodaStream closed 2018-12-05 for ~$3.3B; Q1 2019 recorded $15M ($0.01/share) of incremental costs, primarily inventory fair value adjustment. No headcount added through the acquisition is disclosed.
2019-03-23restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan announced Feb 15, 2019. $26M charges in Q1 2019. Total expected pre-tax charges ~$2.5B. Employee count not disclosed.
2019-03-23restructuringin_progress2014-02-132019-12-31GlobalAll segmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. No material charges in Q1 2019. Program substantially completed.
2019-03-23restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2019 Multi-Year Productivity Plan announced Feb 15, 2019. Total expected pre-tax charges ~$2.5B. Q1 charges $26M ($8M cost of sales, $23M SG&A). Employee count affected not disclosed in Q1 filing.
2019-03-23restructuringin_progress2014-02-132019-12-31GlobalAll segmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Substantially completed. No material charges in Q1 2019. Cash payments $42M. Employee count affected not disclosed.
2018-12-29restructuringannounced2019-02-152023All reportable segments and corporateUSD 2,500 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Announced after FY-end, before filing. Organization simplification, automation, manufacturing and supply chain footprint optimization. ~70% of charges are severance and employee-related costs; ~$1.6B expected cash outlay. $138M charged in FY2018 ($137M severance); remainder expected 2019–2023, majority in 2019–2020. Expected charge split by division: NAB 35%, ESSA 25%, AMENA 13%, Latin America 12%, FLNA 10%, QFNA 3%, Corporate 2%. No employee count disclosed.
2018-12-29restructuringin_progress2014-02-132019All reportable segments and corporateUSD 170 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program (manufacturing automation, footprint optimization, plant closures); expanded and extended through end of 2019 in Q4 2017. Current-year (FY2018) charges of $170M, comprising severance and other employee costs $86M, asset impairments $28M, other $56M. Cumulative-to-date through FY2018: $1,204M pre-tax charges and $814M cash expenditures; total program expected $1.3B charges / $960M cash. No employee count disclosed.
2018-12-29restructuringannounced2019-02-152023-12-31GlobalFLNA 10%; QFNA 3%; NAB 35%; Latin America 12%; ESSA 25%; AMENA 13%; Corporate 2% (expected pre-tax charge allocation)USD 138 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program announced February 15, 2019 (after fiscal year-end, before filing). $138M of the approximately $2.5B total pre-tax program charge is included in 2018 results; approximately $800M expected in 2019 with the balance in 2020-2023. No employee headcount affected is disclosed; charges are approximately 70% severance and employee-related, 15% non-cash asset impairments, 15% other implementation costs.
2018-12-29restructuringin_progress2014-02-132019-12-31GlobalFLNA 14%; QFNA 3%; NAB 30%; Latin America 15%; ESSA 20%; AMENA 6%; Corporate 12% (expected pre-tax charge allocation)USD 170 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program expanded in Q4 2017 through end of 2019. $170M of charges recorded in fiscal 2018 only; approximately $1.2B of the approximately $1.3B total program charge incurred plan-to-date. No employee headcount affected is disclosed.
2018-12-29acquisition_additioncompleted2018-12-052018-12-05International (ESSA segment)Europe Sub-Saharan Africa (ESSA)USD 75 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding shares of SodaStream on December 5, 2018 for $144.00 per share, transaction valued at approximately $3.3 billion. No headcount added is disclosed; $75M of merger and integration charges ($57M in ESSA, $18M corporate) recorded in 2018. SodaStream represented approximately 5% of consolidated total assets and 1% of net revenue at year-end.
2018-12-29divestiture_reductioncompleted2018-12-312018-12-31ThailandAsia, Middle East and North Africa (AMENA) — beverage businessbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2018 PepsiCo sold a controlling interest in its Thailand bottling operations to form a joint venture (equity method investment), recording a pre-tax gain of $144 million. No workforce impact is quantified; announcement date not specified beyond fiscal year 2018.
2018-12-29divestiture_reductioncompleted2018-12-312018-12-31Czech Republic, Hungary and Slovakia (CHS)Europe Sub-Saharan Africa (ESSA) — beverage bottling and snack distributionbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2018 PepsiCo refranchised its entire beverage bottling and snack distribution operations in CHS, recording a pre-tax gain of $58 million. No workforce impact is quantified; announcement date not specified beyond fiscal year 2018.
2018-12-29restructuringin_progress2019-02-152023-12-31GlobalAll SegmentsUSD 2,500 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2019 Multi-Year Productivity Plan announced Feb 15, 2019 (subsequent event). Expected pre-tax charges of $2.5 billion. $138 million included in 2018 results. No specific employee count disclosed.
2018-12-29restructuringcompleted2014-02-132019-12-31GlobalAll SegmentsUSD 170 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. $170 million in charges recorded in 2018. Program expected to complete by end of 2019. No specific employee count disclosed for 2018 activity.
2018-12-29restructuringin_progress2019-02-152023-12-31GlobalAll segmentsUSD 2,500 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced Feb 15, 2019 (subsequent event). Expected pre-tax charges of approx $2.5 billion. $138 million included in 2018 results. Employees affected count not disclosed.
2018-12-29restructuringin_progress2014-01-012019-12-31GlobalAll segmentsUSD 1,300 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Extended through end of 2019. Total expected pre-tax charges approx $1.3 billion. $170 million incurred in 2018. Employees affected count not disclosed.
2018-12-29acquisition_additioncompleted2018-12-052018-12-05Europe Sub-Saharan AfricaESSAUSD 3,300 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of SodaStream International Ltd. valued at approx $3.3 billion. Headcount added not explicitly disclosed.
2018-09-08restructuringin_progress2014-02-132019-12-31GlobalAll segments and CorporateUSD 79 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded in Q4 2017 through end of 2019; expected total pre-tax charges of approximately $1.3 billion and cash expenditures of approximately $985 million. Charges of $79 million pre-tax ($66 million after-tax) incurred in the 36 weeks ended September 8, 2018; $35 million in the 12 weeks. Charges primarily relate to severance and other employee-related costs, non-cash asset impairments, and contract termination costs. No employee headcount figures disclosed. Restructuring liability of $107 million as of September 8, 2018, majority expected to be paid by end of 2018.
2018-09-08restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 35 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan, expanded in Q4 2017 through 2019; $35M charge in the 12 weeks ended 2018-09-08 ($31M after-tax). No employee count disclosed; charges cover severance, asset impairments and other costs.
2018-09-08acquisition_additionannounced2018-08-202019-01-31GlobalBeveragesUSD 3,200 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pending acquisition of SodaStream at $144.00 per share, transaction valued ~$3.2B; no headcount added disclosed.
2018-09-08restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 79 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan expanded through end of 2019. YTD 2018 charges of $79M include severance, asset impairments, and other costs. Employee count not disclosed.
2018-09-08divestiture_reductioncompleted2018-06-302018-06-30ThailandAMENAMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Refranchising of beverage business in Thailand completed in Q2 2018. Pre-tax gain of $144M recorded. Employee count not disclosed.
2018-09-08divestiture_reductionannounced2018-03-312018-12-31Czech Republic, Hungary, SlovakiaESSAMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Agreement entered in Q1 2018 to refranchise beverage bottling and snack distribution operations in CHS. Expected completion in Q4 2018. Employee count not disclosed.
2018-09-08restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 79 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan expanded through end of 2019. YTD 2018 charges of $79M include severance, asset impairments, and other costs. Employee count not disclosed.
2018-06-16restructuringin_progress2014-02-132019-12-31All segments and CorporateUSD 44 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan expanded in Q4 2017 through end of 2019; includes manufacturing automation, plant closures, go-to-market re-engineering, shared services and simplified organization structures. YTD 24-week charges of $44 million ($35 million after-tax); 12-week charges of $32 million. No employee counts disclosed. Program-to-date charges $1,078 million; expected total pre-tax charges approximately $1.3 billion with approximately $985 million cash expenditures.
2018-06-16restructuringin_progress2014-02-132019-12-31GlobalConsolidated (all divisions and Corporate)USD 44 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan, expanded in Q4 2017 through end of 2019; $44M charges in the 24 weeks ended 6/16/2018 (severance, asset impairments, other costs); no employee headcount disclosed; total program charges to date $1,078M, expected program total ~$1.3B
2018-06-16restructuringin_progress2014-02-132019-12-31GlobalAll Divisions and CorporateUSD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan expanded through end of 2019. Q2 2018 charges of $32M primarily relate to severance, asset impairments, and contract termination costs.
2018-06-16restructuringin_progress2014-02-132019-12-31GlobalAll Divisions and CorporateUSD 44 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Year-to-date 2018 charges of $44M under the 2014 Productivity Plan.
2018-06-16restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 44 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan expanded through end of 2019. YTD 2018 charges of $44M include severance, asset impairments, and other costs. Employee count not disclosed.
2018-03-24restructuringin_progress2014-02-132019-12-31GlobalAll segments and CorporateUSD 12 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan extended through 2019; Q1 2018 charges of $12 million ($11 million after-tax) primarily severance, asset impairments and implementation costs. Program-to-date charges of $1,046 million; no employee counts disclosed.
2018-03-24divestiture_reductionannounced2018-03-242018-12-31Czech Republic, Hungary, SlovakiaESSA — beverage bottling and snack distributionother
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to refranchise entire beverage bottling operations and snack distribution operations in CHS; transaction expected to be completed in 2018. No headcount figures disclosed.
2018-03-24divestiture_reductioncompleted2018-03-24ThailandAMENA — beverage bottling operationsUSD 145 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Controlling interest in Thailand bottling operations sold in Q2 2018; expected pre-tax gain of approximately $145 million ($125 million after-tax) in SG&A. No headcount figures disclosed.
2018-03-24restructuringin_progress2014-02-132019-12-31GlobalAll divisions (FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate)USD 12 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan; $12M pre-tax charges in Q1 2018 ($11M after-tax, $0.01/share), primarily severance and employee-related costs, asset impairments, and contract termination costs. Program expanded/extended through 2019 in Q4 2017; total expected pre-tax charges ~$1.3B and cash expenditures ~$985M. No employee-affected headcount disclosed.
2018-03-24divestiture_reductionin_progress2018-01-012018-12-31Czech Republic, Hungary, SlovakiaESSA — beverage bottling and snack distributionother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement entered during Q1 2018 to refranchise entire beverage bottling and snack distribution operations in CHS; expected to complete in 2018. No headcount or charge disclosed.
2018-03-24divestiture_reductionannounced2018-03-242018-06-30ThailandAMENA — beverage bottlingother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Subsequent event: controlling interest in Thailand bottling operations sold during Q2 2018; expected pre-tax gain ~$145M ($125M after-tax). No headcount disclosed.
2018-03-24restructuringin_progress2014-02-132019-12-31GlobalAll segmentsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of the 2014 Productivity Plan extended through 2019. Q1 2018 charges of $12 million primarily relate to severance and other employee-related costs. No specific headcount reduction disclosed for this quarter.
2018-03-24othercompleted2018-02-13United StatesCorporateMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Bonus extended to certain U.S. employees in connection with the TCJ Act. Impacted operating profit performance by 4.5 percentage points.
2018-03-24restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of the 2014 Productivity Plan, extended through 2019. Q1 2018 charges of $12M include severance, asset impairments, and other costs. Employee count not disclosed for this period.
2017-12-30restructuringin_progress2014-02-132019-12-31GlobalMulti-segment; fiscal 2017 charge allocation: FLNA 14%, QFNA 3%, NAB 30%, Latin America 15%, ESSA 25%, AMENA 4%, Corporate 9%USD 295 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2014 Multi-Year Productivity Plan, expanded and extended through end of 2019. Fiscal 2017 pre-tax charge of $295M comprises $280M severance and other employee costs, $21M asset impairments, and $(6)M other costs. Expected total program pre-tax charges of about $1.3B; affected headcount not quantified in this filing. Only current-fiscal-year activity captured.
2017-12-30restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA and CorporateUSD 295 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2017 charges of $295M (severance $280M, asset impairments $21M, other costs $(6)M); employees affected not disclosed. Program expanded and extended through 2019; expected remaining charges of $254M in 2018 and $17M in 2019. Restructuring liability of $226M at year-end, substantially all expected to be paid by end of 2018.
2017-12-30restructuringin_progressGlobalCorporate and divisionsUSD 16 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2017 charges of $16M for productivity and efficiency initiatives outside the scope of the 2014 and 2012 Productivity Plans; employees affected not disclosed.
2017-12-30divestiture_reductioncompleted2017-12-30JordanAMENAother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Controlling interest in Jordan bottling operations sold during Q4 2017; pre-tax gain of $140M. Headcount transferred not disclosed.
2017-12-30divestiture_reductionannounced2017-12-302018-12-31ThailandAMENAother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell controlling interest in Thailand bottling operations entered into during Q4 2017, expected to close in 2018; headcount impact not disclosed. Announcement date approximated to fiscal year-end as only the quarter is stated.
2017-12-30divestiture_reductionannounced2018-02-132018-12-31Czech Republic, Hungary and SlovakiaESSAsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to refranchise entire beverage bottling and snack distribution operations entered into during Q1 2018 (after fiscal year-end), expected to close in 2018; headcount impact not disclosed. Announcement date not stated; filing date used as proxy.
2017-12-30restructuringin_progress2014-02-132019-12-31GlobalMultiple segments (FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate)USD 295 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Fiscal 2017 charges of $295 million. Total expected pre-tax charges of approximately $1.3 billion through 2019. Employee count affected in 2017 not explicitly disclosed in this filing.
2017-12-30restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 295 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Fiscal 2017 charges of $295 million. Program extended through end of 2019. Employee count not disclosed for current year activity.
2017-09-09restructuringin_progress2014-02-132018-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 990 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan announced February 13, 2014; expected total pre-tax charges of approximately $990 million, of which approximately $705 million is cash expenditures. Charges to date of $808 million; $69 million incurred in the 36 weeks ended September 9, 2017. Charges primarily relate to severance and other employee-related costs, non-cash asset impairments from plant closures, and contract termination costs. No employee headcount figures disclosed. Substantially all restructuring accrual at September 9, 2017 expected to be paid by end of 2018.
2017-09-09restructuringin_progress2014-02-132018-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 69 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges shown are for the 36 weeks ended 2017-09-09; program totals $990M pre-tax through 2018. Number of employees affected is not disclosed; severance accrual balance was $73M at period end, substantially all expected paid by end of 2018.
2017-09-09restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Q3 2017 charges of $8 million for the 2014 Productivity Plan. Substantially all accrual expected to be paid by end of 2018.
2017-09-09restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 69 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
YTD 2017 charges of $69 million for the 2014 Productivity Plan. Includes severance, asset impairments, and other costs.
2017-09-09restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan. Q3 2017 charges of $8M (12 weeks) and $69M (36 weeks) primarily for severance, asset impairments, and contract termination costs. Substantially all accrual expected paid by end of 2018. Employee count not disclosed.
2017-06-17restructuringin_progress2014-02-13FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan announced February 13, 2014; Q2 2017 charges of $34 million pre-tax ($31 million after-tax), primarily severance and employee-related costs, asset impairments and contract termination costs. Program-to-date charges of $800 million against an expected total of approximately $990 million pre-tax. No employee headcount figures disclosed in this filing.
2017-06-17restructuringin_progress2014-02-132018-12-31Global (FLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporate)Multiple segments and CorporateUSD 61 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan; $61M charge for 24 weeks ended 6/17/2017 ($58M after-tax, $0.04/share); no employee count disclosed; $990M total expected pre-tax charges, $800M incurred to date; substantially all accrual expected paid by end of 2017
2017-06-17restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan. Q2 2017 charges of $34 million (12 weeks ended June 17, 2017) primarily relate to severance, asset impairments, and contract termination costs. Total expected pre-tax charges are approximately $990 million.
2017-06-17restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 61 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan. YTD 2017 charges of $61 million (24 weeks ended June 17, 2017). Substantially all accrual expected to be paid by end of 2017.
2017-06-17restructuringin_progress2014-02-13GlobalAll SegmentsUSD 61 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan. YTD 2017 charges of $61M include $49M severance/employee costs, $13M asset impairments, and $(1)M other costs. Employee count not disclosed.
2017-03-25restructuringin_progress2014-02-13FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 27 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan announced February 13, 2014; Q1 2017 pre- and after-tax charges of $27 million ($0.02 per share) primarily for severance, employee costs, non-cash asset impairments and implementation costs. Cumulative charges since inception of $766 million; total expected pre-tax charges of approximately $990 million. No employee counts disclosed in this filing.
2017-03-25restructuringin_progress2014-02-132018-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 27 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan; $27M pre-tax charges in Q1 2017; $766M incurred to date; $990M total expected with ~$705M cash; no employee counts disclosed
2017-03-25restructuringin_progress2014-02-132017-12-31GlobalMultiple SegmentsUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to 2014 Productivity Plan. Substantially all accrual expected to be paid by end of 2017. No specific employee count disclosed for Q1 2017 activity.
2017-03-25restructuringin_progress2014-02-13GlobalMultiple SegmentsUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges incurred under the 2014 Productivity Plan primarily relate to severance and other employee-related costs, asset impairments, and contract termination costs. Employee count affected in this quarter is not disclosed.
2016-12-31restructuringin_progress2014-02-132018-12-31FLNA (Frito-Lay North America)USD 13 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $10M severance and $3M other costs; affected-employee counts not quantified; cumulative plan charges $739M through FY2016.
2016-12-31restructuringin_progress2014-02-132018-12-31QFNA (Quaker Foods North America)USD 1 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $1M other costs, no severance in 2016; affected-employee counts not quantified.
2016-12-31restructuringin_progress2014-02-132018-12-31NAB (North America Beverages)USD 35 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $18M severance, $8M asset impairments, $9M other; affected-employee counts not quantified.
2016-12-31restructuringin_progress2014-02-132018-12-31Latin AmericaUSD 27 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $29M severance net of $2M other-cost credit; affected-employee counts not quantified.
2016-12-31restructuringin_progress2014-02-132018-12-31ESSA (Europe Sub-Saharan Africa)USD 60 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $21M severance, $22M asset impairments, $17M other; affected-employee counts not quantified.
2016-12-31restructuringin_progress2014-02-132018-12-31AMENA (Asia, Middle East and North Africa)USD 14 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $4M severance, $6M asset impairments, $4M other; affected-employee counts not quantified.
2016-12-31restructuringin_progress2014-02-132018-12-31CorporateUSD 10 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2016 charge under multi-year plan announced Feb 2014; $6M severance and $4M other costs; affected-employee counts not quantified. Plan segment totals sum to $160M FY2016 pre-tax charge.
2016-12-31restructuringcompleted2012-02-092016-12-31All segmentsrestructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Plan completed in 2016 with all cash payments settled by year-end; no FY2016 charges recorded; cumulative program charges $894 million since inception; affected-employee counts not quantified.
2016-12-31acquisition_additioncompletedNAB (North America Beverages)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquisition of KeVita, Inc. completed during fiscal 2016; goodwill and brands addition primarily related to this purchase; headcount added not quantified. FY2016 cash for all acquisitions and noncontrolled-affiliate investments was $212M in aggregate.
2016-12-31restructuringin_progress2014-02-132018-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA and CorporateUSD 160 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2016 charges under the multi-year 2014 Productivity Plan ($160M pre-tax; $95M cash paid in 2016); expected remaining charges of $122M in 2017 and $129M in 2018. Cumulative charges since inception were $739M through 2016. Employee-affected counts are not disclosed; program spans automation investment, plant closures, go-to-market redesign and shared services.
2016-12-31restructuringcompleted2012-02-092016-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporaterestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2012 Productivity Plan completed during 2016 with all cash payments settled by year-end; no charges recorded in 2016 (2016 liability roll-forward shows zero balance). Cumulative charges of $894M since inception were reported in prior filings. Employee-affected counts not disclosed.
2016-12-31restructuringin_progressGlobalLatin America, ESSA, AMENA and CorporateUSD 12 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Other productivity and efficiency initiatives outside the 2014 and 2012 Plans; filing characterizes 2016 charges as not material. Announcement date, completion date and employee counts not disclosed.
2016-12-31acquisition_additioncompletedUnited StatesNABother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of KeVita, Inc. completed during 2016 (reflected in NAB goodwill and brands additions); acquisition date and acquired headcount are not disclosed in this filing.
2016-12-31restructuringin_progress2014-02-13GlobalMultiple segmentsUSD 160 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. $160 million pre-tax charge in 2016. Total expected pre-tax charges approx $990 million. Employee count not disclosed for 2016 activity.
2016-12-31restructuringcompleted2012-02-09GlobalMultiple segmentsUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Completed in 2016. No material charges in 2016.
2016-12-31othercompletedGlobalMultiple segmentsUSD 12 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other productivity initiatives outside scope of 2014 and 2012 Plans. $12 million charge in 2016.
2016-12-31restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 160 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. $160M pre-tax charge recorded in 2016. Total expected pre-tax charges approx $990M. Employee count not explicitly disclosed for 2016 activity.
2016-09-03restructuringin_progress2014-02-132019-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 27 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2016 charge of $27M ($20M after-tax); charges primarily severance, employee-related costs, non-cash asset impairments and contract termination costs. No employee count disclosed. Program total expected pre-tax charges ~$990M through 2019.
2016-09-03restructuringin_progress2014-02-132019-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 106 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2016 charge of $106M ($76M after-tax); includes severance and other employee-related costs, asset impairments and implementation costs. Restructuring accrual of $98M at 2016-09-03 substantially expected to be paid by end of 2017.
2016-09-03restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 106 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges of $106M recorded in the 36 weeks ended 9/3/2016 ($27M in Q3); severance and other employee costs, non-cash asset impairments and other implementation costs. Full program expected to total ~$990M pre-tax (~$705M cash), with ~$48M expected in Q4 2016 and ~$257M in 2017-2019. No employee headcount affected disclosed.
2016-09-03restructuringcompleted2012-02-092016-12-31GlobalNAB, Latin America, ESSA, AMENA, Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
No further charges expected under this plan; no charges recorded in the 36 weeks ended 9/3/2016. Remaining restructuring accrual of $9M at 9/3/2016 expected to be paid by end of 2016. No employee headcount affected disclosed.
2016-09-03restructuringin_progress2016-12-31GlobalAMENA, Latin America, ESSA, Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity and efficiency initiatives outside the scope of the 2014 and 2012 Plans; net income adjustment of $(2)M recorded in the 36 weeks ended 9/3/2016 (prior-year charges of $54M). Accrual of $26M at 9/3/2016 expected to be paid by end of 2016. No employee headcount affected disclosed; no discrete announcement date stated.
2016-09-03restructuringin_progress2014-02-132017-12-31GlobalMultiple segments (FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate)USD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan. Q3 2016 charges of $27M primarily relate to severance and other employee-related costs, asset impairments, and contract termination costs. Substantially all accrual expected to be paid by end of 2017.
2016-09-03restructuringcompleted2012-02-092016-12-31GlobalMultiple segmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Productivity Plan. No charges in Q3 2016. Substantially all remaining accrual of $9M expected to be paid by end of 2016. No further charges expected.
2016-09-03restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan. Q3 2016 charges of $27M primarily relate to severance and other employee-related costs. Total expected pre-tax charges approx $990M.
2016-09-03restructuringin_progress2012-02-092016-12-31GlobalAll SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Productivity Plan. No charges in Q3 2016. Substantially all accrual expected to be paid by end of 2016.
2016-06-11restructuringin_progress2014-02-132019-12-31USD 79 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan including manufacturing automation, plant closures, go-to-market re-engineering and simplified organization structures; charges primarily severance and employee-related costs, non-cash asset impairments and contract termination costs. YTD 2016 charges of $79 million pre-tax ($56 million after-tax); Q2 charges of $49 million. Total expected pre-tax charges of approximately $990 million through 2019, of which approximately $525 million is severance and other employee-related costs. No employee counts disclosed.
2016-06-11restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 79 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan; $79M charged in 24 weeks (severance, asset impairments, other costs); no employee counts disclosed; remaining expected charges of $65M in 2016 and $267M in 2017-2019
2016-06-11restructuringin_progress2012-02-092016-12-31GlobalESSA, AMENA, NAB, Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2012 Productivity Plan; no charges in current period; $20M accrual expected to be paid by end of 2016; no employee counts disclosed
2016-06-11restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 49 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Productivity Plan. Q2 2016 charges of $49 million primarily relate to severance and other employee-related costs, asset impairments, and contract termination costs. Majority of accrual expected to be paid by end of 2016.
2016-06-11restructuringcompleted2012-02-092016-12-31GlobalAll SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Productivity Plan. No charges incurred in Q2 2016. Substantially all remaining accrual of $20 million expected to be paid by end of 2016. Company does not expect further charges.
2016-06-11restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 79 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan. YTD 2016 charges of $79M include severance, asset impairments, and other costs. Employee count not disclosed.
2016-06-11restructuringin_progress2012-02-092016-12-31GlobalAll SegmentsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Productivity Plan. No charges incurred in YTD 2016. Cash payments of $17M made. Employee count not disclosed.
2016-03-19restructuringin_progress2014-02-132019-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2016 charges of $30 million ($25 million after-tax) under the 2014 Productivity Plan, primarily severance, employee-related costs, asset impairments and contract termination costs; expected total pre-tax charges of approximately $990 million through 2019. No employee counts disclosed.
2016-03-19divestiture_reductioncompleted2015-09-30VenezuelaLatin AmericaMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Venezuelan subsidiaries deconsolidated effective end of Q3 2015 due to currency controls; results excluded from Q1 2016. No headcount figures disclosed.
2016-03-19restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Productivity Plan; $30M pre-tax charge in Q1 2016 ($25M after-tax, $0.02/share). Cumulative charges $609M of expected $990M total; no employee headcount disclosed. Severance accrual $62M at quarter-end.
2016-03-19restructuringin_progress2012-02-092016-12-31GlobalNAB, ESSA, Corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2012 Productivity Plan; no charges incurred in Q1 2016 (prior-year charge was $6M). Restructuring accrual of $28M at 2016-03-19 expected to be paid by end of 2016. No further charges expected. No employee headcount disclosed.
2016-03-19othercompleted2015-09-302015-09-30VenezuelaLatin America — Venezuelan subsidiaries and beverage JVMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Deconsolidation of Venezuelan subsidiaries effective end of Q3 2015; investments written down to fair value resulting in full impairment. Workforce impact not quantified; results excluded from reported segments beginning Q4 2015.
2016-03-19restructuringin_progress2014-02-132019-12-31GlobalMultiple segments (FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate)USD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of the 2014 Productivity Plan. Total expected pre-tax charges are $990 million. Q1 2016 charges of $30 million primarily relate to severance, asset impairments, and contract termination costs. No specific employee count disclosed for this quarter's activity.
2016-03-19restructuringin_progress2014-02-132019-12-31GlobalMultiple segments (FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate)USD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Productivity Plan. Charges include severance, asset impairments, and contract termination costs. Total expected pre-tax charges are $990 million.
2016-03-19restructuringcompleted2012-02-092016-12-31GlobalMultiple segments (NAB, ESSA, Corporate)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Productivity Plan. No charges incurred in Q1 2016. Cash payments of $8 million made. Substantially all accrual expected to be paid by end of 2016.
2015-12-26restructuringin_progress2019FLNA (Frito-Lay North America)USD 26 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $18M, asset impairments $(1)M, other costs $9M. Plan total expected charges ~$990M pre-tax (~$705M cash) through 2019, incl. ~$525M severance; includes plant closures and go-to-market re-engineering. Employee counts not disclosed.
2015-12-26restructuringin_progress2019QFNA (Quaker Foods North America)USD 3 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: other costs $3M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringin_progress2019NAB (North America Beverages)USD 31 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $10M, asset impairments $4M, other costs $17M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringin_progress2019Latin AmericaUSD 28 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $2M, asset impairments $10M, other costs $16M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringin_progress2019ESSA (Europe Sub-Saharan Africa)USD 62 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $26M, asset impairments $11M, other costs $25M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringin_progress2019AMENA (Asia, Middle East and North Africa)USD 10 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $2M and other costs $8M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringin_progress2019CorporateUSD 9 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $1M and other costs $8M. Multi-year plan runs through 2019; no employee counts disclosed.
2015-12-26restructuringcompleted2017NAB (North America Beverages)USD 2 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: other costs $2M. Program complete — no further charges expected; cumulative plan charges $894M incl. $560M severance, with residual cash outlays through 2016-2017. Employee counts not disclosed.
2015-12-26restructuringcompleted2017Latin AmericaUSD 8 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $6M, asset impairments $1M, other costs $1M. Program complete — no further charges expected; residual cash outlays through 2016-2017. Employee counts not disclosed.
2015-12-26restructuringcompleted2017ESSA (Europe Sub-Saharan Africa)USD 27 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $15M and other costs $12M. Program complete — no further charges expected; residual cash outlays through 2016-2017. Employee counts not disclosed.
2015-12-26restructuringcompleted2017AMENA (Asia, Middle East and North Africa)USD 20 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $15M, asset impairments $3M, other costs $2M. Program complete — no further charges expected; residual cash outlays through 2016-2017. Employee counts not disclosed.
2015-12-26restructuringcompleted2017CorporateUSD 4 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2015 charge: severance/employee costs $3M and other costs $1M. Program complete — no further charges expected; residual cash outlays through 2016-2017. Employee counts not disclosed.
2015-12-26restructuringcompleted2016Latin AmericaUSD 48 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges primarily severance and other employee costs plus non-cash asset impairments, outside the 2014/2012 Productivity Plans. Remaining accrual of $74M (total) expected to be paid by end of 2016. Employee counts not disclosed.
2015-12-26restructuringcompleted2016ESSA (Europe Sub-Saharan Africa)USD 5 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges primarily severance and other employee costs plus non-cash asset impairments, outside the 2014/2012 Productivity Plans. Employee counts not disclosed.
2015-12-26restructuringcompleted2016AMENA (Asia, Middle East and North Africa)USD 20 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges primarily severance and other employee costs plus non-cash asset impairments, outside the 2014/2012 Productivity Plans. Employee counts not disclosed.
2015-12-26restructuringcompleted2016CorporateUSD 17 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Charges primarily severance and other employee costs plus non-cash asset impairments, outside the 2014/2012 Productivity Plans. Employee counts not disclosed.
2015-12-26othercompleted2015-09VenezuelaLatin America (beverage, food and snack businesses)USD 1,359 (millions)other
f5-10k / GLM-5.3-flash-HTML
Deconsolidation of wholly-owned Venezuelan subsidiaries and beverage joint venture, effective end of Q3 FY2015, due to currency restrictions and loss of control/influence; removed these businesses from consolidated workforce. Pre- and after-tax impairment of ~$1.4B (~$1.2B investment write-down plus $111M cumulative translation loss reclassification); not a severance charge.
2015-12-26divestiture_reductioncompletedIndiaAMENA (beverage business)USD 39 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Partial refranchising of beverage businesses in India; associated value is a pre-tax gain of $39M ($28M after-tax) recognized in Q1 FY2015, not a charge. Employee counts not disclosed.
2015-12-26restructuringin_progress20142019GlobalAll divisions (FLNA, QFNA, NAB, Latin America, ESSA, AMENA) and CorporateUSD 169 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 activity only ($169M pre-tax, $134M after-tax). Program totals approximately $990M in charges and $705M in cash expenditures through 2019; no employee-affected counts are disclosed. Segment allocation of total program charges: FLNA 12%, QFNA 2%, NAB 35%, Latin America 15%, ESSA 25%, AMENA 4%, Corporate 7%.
2015-12-26restructuringin_progress20122017GlobalAll divisions (FLNA, QFNA, NAB, Latin America, ESSA, AMENA) and CorporateUSD 61 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 activity only ($61M pre-tax, $50M after-tax). No further charges expected; remaining cash expenditures of $38M expected in 2016-2017. No employee-affected counts disclosed.
2015-12-26restructuringin_progress20152016GlobalLatin America, ESSA, AMENA and CorporateUSD 90 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 charges of $90M ($66M after-tax) for productivity and efficiency initiatives outside the 2014 and 2012 Plans; includes $48M Latin America, $5M ESSA, $20M AMENA, $17M Corporate. Restructuring accrual of $74M expected paid by end of 2016. Not treated as an item affecting comparability. No employee-affected counts disclosed.
2015-12-26plant_closurecompleted20152015Quaker Foods North America (Müller Quaker Dairy joint venture)USD 76 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax impairment charges of $76M ($48M after-tax) on the MQD joint venture investment, including a Q4 2015 charge as the JV ceased operations. Charge is an investment impairment rather than severance; no headcount disclosed.
2015-12-26divestiture_reductioncompleted20152015India and Middle EastNorth America Beverages / AMENA beverage businessesother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Refranchising of a portion of the beverage business generated a pre-tax gain of $39M ($28M after-tax), recognized in Q1 2015; reduced net revenue growth by 3 percentage points. No headcount removed is disclosed.
2015-12-26restructuringin_progress2014-01-012019-12-31GlobalAll SegmentsUSD 169 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Charges incurred in 2015 were $169 million. Total expected pre-tax charges are approximately $990 million. Employee count not disclosed.
2015-12-26restructuringin_progress2012-01-012017-12-31GlobalAll SegmentsUSD 61 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Charges incurred in 2015 were $61 million. Total pre-tax charges were $894 million. Employee count not disclosed.
2015-12-26othercompleted2015-01-012015-12-31GlobalAll SegmentsUSD 90 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other productivity initiatives outside the scope of the 2014 and 2012 Productivity Plans. Charges incurred in 2015 were $90 million. Employee count not disclosed.
2015-12-26restructuringin_progress2014-01-012019-12-31GlobalAll SegmentsUSD 169 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Pre-tax charges of $169 million incurred in 2015. Total expected pre-tax charges approx $990 million through 2019. Employee count not disclosed.
2015-12-26restructuringcompleted2012-01-012017-12-31GlobalAll SegmentsUSD 61 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Pre-tax charges of $61 million incurred in 2015. No further charges expected. Employee count not disclosed.
2015-12-26othercompleted2015-01-012015-12-31GlobalVariousUSD 90 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Other productivity initiatives outside scope of 2014/2012 plans. Pre-tax charges of $90 million. Includes severance and asset impairments. Employee count not disclosed.
2015-09-05restructuringin_progress2014-02-132019-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 990 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan including plant closures, severance and other employee-related costs; no employee counts disclosed. YTD 2015 charges of $94 million pre-tax under this plan.
2015-09-05restructuringin_progress2012-02-092016-12-31FLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 910 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan including severance and other employee-related costs, asset impairments and contract terminations; no employee counts disclosed. YTD 2015 charges of $19 million pre-tax under this plan.
2015-09-05divestiture_reductioncompleted2015-09-05VenezuelaLatin AmericaUSD 1,400 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Wholly-owned Venezuelan snack and beverage subsidiaries deconsolidated effective end of Q3 2015 due to currency controls; beverage joint venture moved to cost method. Pre- and after-tax impairment charges of approximately $1.4 billion recorded. No headcount figures disclosed.
2015-09-05restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 94 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax restructuring charges of $94M for the 36 weeks ended 9/5/2015 ($73M after-tax); program totals approximately $990M in charges and $705M in cash expenditures, with remaining charges expected through 2019. Severance and other employee-related costs dominate; no employee counts disclosed.
2015-09-05restructuringin_progress2012-02-092016-12-31GlobalFLNA, QFNA, NAB, Latin America, ESSA, AMENA, CorporateUSD 19 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax restructuring charges of $19M for the 36 weeks ended 9/5/2015 ($16M after-tax); program totals approximately $910M in charges and $700M in cash expenditures, with remaining charges expected in Q4 2015 and 2016. No employee counts disclosed.
2015-09-05restructuringin_progressGlobalLatin America, ESSA, AMENA, CorporateUSD 54 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $54M for the 36 weeks ended 9/5/2015 ($37M after-tax) for productivity and efficiency initiatives outside the 2014 and 2012 Productivity Plans, primarily severance and other employee-related costs; excluded from Items Affecting Comparability. No employee counts or announcement date disclosed.
2015-09-05restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 43 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Q3 2015 charges of $43 million (pre-tax) incurred. Total expected pre-tax charges approx $990 million. Employee count not disclosed.
2015-09-05restructuringin_progress2012-02-092016-12-31GlobalAll SegmentsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Q3 2015 charges of $9 million (pre-tax) incurred. Total expected pre-tax charges approx $910 million. Employee count not disclosed.
2015-09-05othercompleted2015-09-05VenezuelaLatin AmericaUSD 1,359 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Deconsolidation of Venezuelan subsidiaries due to loss of control. Pre- and after-tax charge of $1.4 billion recorded. No specific employee count disclosed for this accounting change.
2015-09-05restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 43 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Q3 2015 charges of $43M (pre-tax) primarily relate to severance, asset impairments, and contract termination costs. Total expected pre-tax charges approx $990M.
2015-09-05restructuringin_progress2012-02-092016-12-31GlobalAll SegmentsUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Q3 2015 charges of $9M (pre-tax) primarily relate to severance, asset impairments, and contract termination costs. Total expected pre-tax charges approx $910M.
2015-09-05restructuringin_progressGlobalCorporate, Latin America, ESSA, AMENAUSD 44 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Other Productivity Initiatives. Q3 2015 charges of $44M (pre-tax) related to productivity and efficiency initiatives outside the 2014 and 2012 Plans. Primarily severance and employee-related costs.
2015-06-13restructuringin_progress2014-02-132019-12-31FLNA 13%, QFNA 2%, LAF 15%, PAB 35%, Europe 25%, AMEA 4%, Corporate 6% (expected charge allocation)USD 990 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan including plant closures, severance and asset impairments; total expected pre-tax charges of $990 million with ~$715 million cash expenditures through 2019. Q2 2015 charges of $21 million pre-tax; 24-week charges of $51 million pre-tax. No employee counts disclosed.
2015-06-13restructuringin_progress2012-02-09FLNA 14%, QFNA 3%, LAF 13%, PAB 24%, Europe 23%, AMEA 9%, Corporate 14% (expected charge allocation)USD 910 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year productivity plan including facility consolidations and severance; total expected pre-tax charges of $910 million with ~$704 million cash expenditures. Q2 2015 charges of $4 million pre-tax; 24-week charges of $10 million pre-tax. No employee counts disclosed.
2015-06-13restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 51 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2014 Multi-Year Productivity Plan; $51M pre-tax charges in 24 weeks ended 6/13/15 ($39M after-tax). Total program expected ~$990M pre-tax, ~$715M cash. No employee headcount disclosed.
2015-06-13restructuringin_progress2012-02-092015-12-31GlobalFLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2012 Multi-Year Productivity Plan; $10M pre-tax charges in 24 weeks ended 6/13/15 ($9M after-tax). Total program expected ~$910M pre-tax, ~$704M cash. No employee headcount disclosed.
2015-06-13restructuringin_progress2014-02-132019-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Q2 2015 charges of $21 million (pre-tax). Total expected pre-tax charges approx $990 million. Employee count not disclosed.
2015-06-13restructuringin_progress2012-02-092015-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Q2 2015 charges of $4 million (pre-tax). Total expected pre-tax charges approx $910 million. Employee count not disclosed.
2015-06-13restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 51 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. YTD 2015 charges of $51M. Total expected pre-tax charges approx $990M. Employee count not disclosed.
2015-06-13restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. YTD 2015 charges of $10M. Total expected pre-tax charges approx $910M. Employee count not disclosed.
2015-03-21restructuringin_progress2014-02-132019-12-31FLNA 13%, QFNA 2%, LAF 15%, PAB 35%, Europe 25%, AMEA 4%, Corporate 6% (expected charge allocation)USD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2015 charges of $30M pre-tax ($24M after-tax); plan total expected pre-tax charges ~$990M with ~$690M cash expenditures through 2019; charges primarily severance, asset impairments and contract termination costs; no employee counts disclosed.
2015-03-21restructuringin_progress2012-02-092015-12-31FLNA 14%, QFNA 3%, LAF 13%, PAB 24%, Europe 22%, AMEA 9%, Corporate 15% (expected charge allocation)USD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2015 charges of $6M pre-tax ($5M after-tax); plan total expected pre-tax charges ~$910M with ~$704M cash expenditures; charges primarily severance and contract termination costs; no employee counts disclosed.
2015-03-21restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2015 pre-tax restructuring charge of $30M ($24M after-tax, $0.02/share). Full program expected to incur ~$990M pre-tax charges (~$690M cash) through 2019. No employee headcount affected disclosed.
2015-03-21restructuringin_progress2012-02-092015-12-31GlobalFLNA, PAB, Europe, CorporateUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2015 pre-tax restructuring charge of $6M ($5M after-tax). Full program expected to incur ~$910M pre-tax charges (~$704M cash) through 2015. No employee headcount affected disclosed.
2015-03-21otherin_progressVenezuelaLAF, PAB (Venezuelan snack and beverage businesses)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Venezuela operations under highly inflationary accounting since 2010. Potential remeasurement charges of ~$160M (SICAD rate) or ~$480M (SIMADI rate) plus potential impairment of ~$635M non-monetary assets disclosed as risk; no workforce action quantified.
2015-03-21restructuringin_progress2014-02-132019-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Charges primarily relate to severance, asset impairments, and contract termination costs. Total expected pre-tax charges approx $990 million.
2015-03-21restructuringin_progress2012-02-092015-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Charges primarily relate to severance and contract termination costs. Total expected pre-tax charges approx $910 million.
2015-03-21restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Charges primarily relate to severance, asset impairments, and contract termination costs. Total expected pre-tax charges approx $990 million.
2015-03-21restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Charges primarily relate to severance and contract termination costs. Total expected pre-tax charges approx $910 million.
2014-12-27restructuringin_progress2014-02-132019GlobalAll six divisions plus corporate; expected charge allocation: PAB 35%, Europe 25%, LAF 15%, FLNA 13%, Corporate 6%, AMEA 4%, QFNA 2%USD 357 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year productivity program covering manufacturing automation, plant closures, go-to-market re-engineering, shared services and simplified structures. Fiscal 2014 pre-tax charges of $357M ($262M after-tax), of which $148M were severance and employee-related costs and $73M non-cash asset impairments; 2014 cash expenditures of $175M. Total program pre-tax charges expected ~$990M (~$690M cash) through 2019. Number of employees affected not disclosed. Expected charge allocation percentages apply to the full expected program charge.
2014-12-27restructuringin_progress2012-02-092015GlobalAll six divisions plus corporate; expected charge allocation: FLNA 14%, PAB 24%, Europe 23%, Corporate 15%, LAF 13%, AMEA 8%, QFNA 3%USD 61 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program involving technology and process leverage, consolidation of manufacturing, warehouse and sales facilities, and simplified organization structures. Fiscal 2014 pre-tax charges of $61M ($54M after-tax), with 2014 cash payments of $101M; cumulative-to-date activity reported year by year since 2011, with total expected pre-tax charges of ~$910M (~$704M cash) through 2015. Number of employees affected not disclosed. Expected charge allocation percentages apply to the full expected program charge.
2014-12-27restructuringin_progress2014Latin America, Europe, Asia/Middle East/AfricaLAF ($11M), Europe ($26M), AMEA ($30M) charge allocationUSD 67 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Pre-tax charges of $67M ($54M after-tax, ~$0.04 per share) incurred in 2014 for productivity and efficiency initiatives outside the scope of the 2014 and 2012 Productivity Plans, primarily severance and other employee-related costs; excluded from Items Affecting Comparability. Headcount affected and completion timeline not disclosed.
2014-12-27restructuringin_progress2014-02-13GlobalFLNA 13%, QFNA 2%, LAF 15%, PAB 35%, Europe 25%, AMEA 4%, Corporate 6% (expected charge allocation)USD 357 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2014 charges only; program totals approximately $990 million pre-tax ($690 million cash) through 2019, with expected FY2015 charges of $242 million and $338 million in 2016-2019. Severance and other employee costs of $148 million, asset impairments of $73 million and other costs of $136 million in FY2014. No employees-affected count disclosed.
2014-12-27restructuringin_progress2012-02-09GlobalFLNA 14%, QFNA 3%, LAF 13%, PAB 24%, Europe 23%, AMEA 8%, Corporate 15% (expected charge allocation)USD 61 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2014 activity only within a multi-year program announced February 2012; program totals approximately $910 million pre-tax ($704 million cash), with $77 million expected in 2015. No employees-affected count disclosed.
2014-12-27restructuringcompletedGlobal (primarily LAF, Europe, AMEA)LAF $11 million, Europe $26 million, AMEA $30 millionUSD 67 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2014 pre-tax charges of $67 million ($54 million after-tax) for productivity and efficiency initiatives outside the scope of the 2014 and 2012 Productivity Plans; primarily severance and other employee-related costs. Excluded from Items Affecting Comparability. No employees-affected count disclosed.
2014-12-27voluntary_separationcompleted2014-12-31United StatesCorporate (U.S. defined benefit pension plan participants)USD 141 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth-quarter 2014 offer of one-time lump sum payments to certain former employees with vested U.S. pension benefits; pre-tax non-cash settlement charge of $141 million ($88 million after-tax, $0.06 per share), funded by a $388 million discretionary plan contribution in December 2014. Number of participants not disclosed.
2014-12-27restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 357 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Total expected pre-tax charges of $990 million. $357 million incurred in 2014. Employee count not explicitly disclosed in footnote, though charges relate to severance and other employee-related costs.
2014-12-27restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 61 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Total expected pre-tax charges of $910 million. $61 million incurred in 2014. Employee count not explicitly disclosed.
2014-12-27restructuringcompletedGlobalVariousUSD 67 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Other Productivity Initiatives outside scope of 2014 and 2012 Plans. $67 million pre-tax charges incurred in 2014. Employee count not explicitly disclosed.
2014-12-27restructuringin_progress2014-02-132019-12-31GlobalAll SegmentsUSD 357 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2014 Productivity Plan announced Feb 13, 2014. $357M pre-tax charges incurred in 2014. Total expected pre-tax charges approx $990M through 2019. Includes severance, asset impairments, and other costs. Employee count not explicitly disclosed in filing.
2014-12-27restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 61 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
2012 Productivity Plan announced Feb 9, 2012. $61M pre-tax charges incurred in 2014. Total expected pre-tax charges approx $910M. Includes severance, asset impairments, and other costs. Employee count not explicitly disclosed in filing.
2014-12-27restructuringcompleted2014-10-012014-12-31United StatesCorporateUSD 141 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Offered certain former employees with vested benefits option for lump sum payment. $141M pre-tax settlement charge recorded in 2014. Employee count not explicitly disclosed.
2014-09-06restructuringin_progress2014-02-132019-12-31All segments and corporateUSD 227 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
36-week charges of $227M pre-tax ($167M after-tax); program includes plant closures, manufacturing automation, go-to-market re-engineering and shared services; no employee counts disclosed. Total expected pre-tax charges approximately $990M through 2019.
2014-09-06restructuringin_progress2012-02-092015-12-31All segments and corporateUSD 31 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
36-week charges of $31M pre-tax ($29M after-tax); program includes consolidating manufacturing, warehouse and sales facilities and simplified organization structures; no employee counts disclosed. Total expected pre-tax charges approximately $910M.
2014-09-06restructuringin_progress2014-02-132019-12-31GlobalFLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 990 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year productivity plan announced February 13, 2014; total expected pre-tax charges of approximately $990 million (approx. $705 million cash), of which $280 million incurred through Q3 2014 and $130 million expected in Q4 2014; no employee headcount affected disclosed.
2014-09-06restructuringin_progress2012-02-092015-12-31GlobalFLNA, LAF, PAB, Europe, AMEA, CorporateUSD 910 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year productivity plan announced February 9, 2012; total expected pre-tax charges of approximately $910 million (approx. $704 million cash), of which $803 million incurred through Q3 2014; remaining charges expected in Q4 2014 and 2015; no employee headcount affected disclosed.
2014-09-06restructuringin_progress2014-02-132019-12-31GlobalMultiple Segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 227 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. Charges incurred in 36 weeks ended Sept 6, 2014. Total expected pre-tax charges approx $990M. Employee count not disclosed.
2014-09-06restructuringin_progress2012-02-092015-12-31GlobalMultiple Segments (FLNA, PAB, Europe, AMEA, Corporate, LAF)USD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. Charges incurred in 36 weeks ended Sept 6, 2014. Total expected pre-tax charges approx $910M. Employee count not disclosed.
2014-09-06restructuringin_progress2014-02-13GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 227 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Charges incurred in 36 weeks ended Sept 6, 2014. Employee count not disclosed.
2014-09-06restructuringin_progress2012-02-09GlobalMultiple segments (FLNA, LAF, PAB, Europe, AMEA, Corporate)USD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Charges incurred in 36 weeks ended Sept 6, 2014. Employee count not disclosed.
2014-06-14restructuringin_progress2014-02-132018-12-31GlobalAll segmentsUSD 173 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charges incurred in the 24 weeks ended 6/14/14 under the 2014 Productivity Plan; $77 million in the 12 weeks. Segment split: FLNA $24M, QFNA $2M, LAF $6M, PAB $115M, Europe $15M, AMEA $9M, Corporate $2M (24 weeks). Total program expected pre-tax charges of approximately $990 million through 2018, including ~$550M severance and other employee-related costs, ~$250M other costs, ~$190M non-cash asset impairments from plant closures. No employee counts disclosed.
2014-06-14restructuringin_progress2012-02-092015-12-31GlobalAll segmentsUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charges incurred in the 24 weeks ended 6/14/14 under the 2012 Productivity Plan; $15 million in the 12 weeks. Segment split (24 weeks): FLNA $2M, LAF $(5)M adjustment, PAB $7M, Europe $8M, AMEA $2M, Corporate $3M. Total program expected pre-tax charges of approximately $910 million through 2015, including ~$560M severance and other employee-related costs. No employee counts disclosed.
2014-06-14restructuringin_progress2014-02-132018-12-31GlobalFLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 173 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of approximately $990M total; $173M incurred in the 24 weeks ended 2014-06-14, with about $215M expected in remainder of 2014 and balance in 2015-2018. Charges comprise ~$550M severance and employee-related costs, ~$250M other costs, ~$190M non-cash asset impairments. No employee headcount affected is disclosed. Charges by segment for the 24 weeks: FLNA $24M, QFNA $2M, LAF $6M, PAB $115M, Europe $15M, AMEA $9M, Corporate $2M.
2014-06-14restructuringin_progress2012-02-092015-12-31GlobalFLNA, LAF, PAB, Europe, AMEA, CorporateUSD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of approximately $910M total; $17M incurred in the 24 weeks ended 2014-06-14, with about $60M expected in remainder of 2014 and balance in 2015. No employee headcount affected is disclosed. Charges by segment for the 24 weeks: FLNA $2M, PAB $7M, Europe $8M, AMEA $2M, Corporate $3M, offset by $5M income in LAF from adjustments of previously recorded amounts.
2014-06-14restructuringin_progress2014-02-132018-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 173 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. $173M pre-tax charges incurred in the 24 weeks ended June 14, 2014. Total expected pre-tax charges approximately $990M. Employee count not disclosed.
2014-06-14restructuringin_progress2012-02-092015-12-31GlobalMultiple segments (FLNA, PAB, Europe, AMEA, Corporate, LAF)USD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. $17M pre-tax charges incurred in the 24 weeks ended June 14, 2014. Total expected pre-tax charges approximately $910M. Employee count not disclosed.
2014-06-14restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 173 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan. Charges incurred in 24 weeks ended June 14, 2014. Total expected pre-tax charges approx $990 million through 2018. Employee count not disclosed.
2014-06-14restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Charges incurred in 24 weeks ended June 14, 2014. Total expected pre-tax charges approx $910 million. Employee count not disclosed.
2014-06-14restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-22restructuringin_progress2014-02-132018-12-31FLNA, QFNA, LAF, PAB, Europe, AMEA, CorporateUSD 96 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charges of $96 million pre-tax ($73 million after-tax) in Q1 2014; total expected pre-tax charges approximately $990 million through 2018, including ~$550 million severance and employee-related costs, ~$190 million non-cash asset impairments from plant closures, and ~$250 million other costs. Segment split of Q1 charges: FLNA $12M, QFNA $2M, LAF $1M, PAB $82M, Europe $2M, AMEA $2M, Corporate income of $(5)M. No employee counts disclosed.
2014-03-22restructuringin_progress2012-02-092015-12-31FLNA, PAB, AMEA, Corporate, LAF, EuropeUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2014 restructuring charges of $2 million pre-tax ($3 million after-tax) under the 2012 Productivity Plan; total expected pre-tax charges approximately $910 million through 2015, including ~$560 million severance and employee-related costs. No employee counts disclosed.
2014-03-22restructuringin_progress2014-02-132018-12-31GlobalConsolidated (charges by division: FLNA $12M, QFNA $2M, LAF $1M, PAB $82M, Europe $2M, AMEA $2M, Corporate -$5M)USD 96 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax Q1 charge of $96M ($73M after-tax, $0.05/share); total program estimated at ~$990M pre-tax with ~$345M more in remainder of 2014 and balance in 2015-2018. No employee headcount affected is disclosed. Includes manufacturing automation, plant closures, go-to-market redesign, shared services.
2014-03-22restructuringin_progress2012-02-092015-12-31GlobalConsolidated (charges by division: FLNA $1M, PAB $4M, AMEA $2M, Corporate $2M, LAF -$5M, Europe -$2M)USD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2014 pre-tax charge of $2M ($3M after-tax, nominal per-share impact); program totals ~$910M with ~$75M more expected in remainder of 2014 and balance in 2015. No employee headcount affected is disclosed.
2014-03-22restructuringin_progress2014-02-132018-12-31GlobalAll segmentsUSD 96 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan announced Feb 13, 2014. $96M pre-tax charges incurred in Q1 2014. Total expected pre-tax charges approx $990M through 2018. Employee count not disclosed.
2014-03-22restructuringin_progress2012-02-092015-12-31GlobalAll segmentsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. $2M pre-tax charges incurred in Q1 2014. Total expected pre-tax charges approx $910M. Employee count not disclosed.
2014-03-22restructuringin_progress2014-02-132018-12-31GlobalAll SegmentsUSD 96 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2014 Multi-Year Productivity Plan announced Feb 13, 2014. Includes manufacturing automation, facility closures, and org simplification. Employee count not disclosed.
2014-03-22restructuringin_progress2012-02-092015-12-31GlobalAll SegmentsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2012 Multi-Year Productivity Plan. Ongoing charges for severance and other costs. Employee count not disclosed.
2013-12-28restructuringannounced2014-02-132018-12-31GlobalAll segments (FLNA, QFNA, LAF, PAB, Europe, AMEA) and corporateUSD 53 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Plan announced after fiscal year-end. FY2013 charge of $53 million ($52M severance, $1M other) with $30M severance accrual at year-end. Total program expected at ~$990 million pre-tax, including ~$565 million severance and other employee costs and ~$215 million asset impairments from plant closures. Charges of ~$440 million expected in 2014, balance in 2015-2018. Employee headcount impact not disclosed.
2013-12-28restructuringin_progress2012-02-092015-12-31GlobalAll segments (FLNA, QFNA, LAF, PAB, Europe, AMEA) and corporateUSD 110 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year program; $110 million of charges recognized in FY2013 across segments (largest in Europe $50M and AMEA $25M), including $74M severance and other employee costs. Full program expected at ~$910 million pre-tax (~$560 million severance and employee costs) with remaining charges in 2014-2015. FY2013 cash expenditures were $133 million. Employee headcount impact not disclosed.
2013-12-28divestiture_reductioncompleted2013-062013-06VietnamAMEA — beverage bottling operationsUSD 137 (millions)other
f5-10k / GLM-5.3-flash-HTML
Refranchising: controlling interest in Vietnam bottling operations sold to Suntory in Q2 FY2013; the buyer serves as franchise bottler. $137 million is a pre- and after-tax gain, not a charge. Employee headcount transferred or removed was not disclosed.
2013-12-28restructuringin_progress2014-02-132018-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 53 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $53 million recorded in fiscal 2013 (of approximately $990 million total expected program cost); $53M in 2013, ~$440M in 2014, balance in 2015-2018. Employees affected not disclosed. Plan publicly announced 2014-02-13, after fiscal year-end but before filing.
2013-12-28restructuringin_progress2012-02-092015-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 110 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Current-fiscal-year activity only: $110 million pre-tax restructuring charges recorded in 2013 under the multi-year 2012 Productivity Plan (program total ~$910 million; $383M in 2011, $279M in 2012, balance in 2014-2015). Employees affected not disclosed.
2013-12-28divestiture_reductioncompletedVietnamPAB — beverage bottling operationsother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed in Q2 2013 as part of refranchising the Vietnam beverage business; a pre- and after-tax gain of $137 million ($0.09 per share) was recorded. Headcount transferred or removed not disclosed.
2013-12-28restructuringin_progress2012-02-092015-12-31GlobalAll DivisionsUSD 110 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2012 Multi-Year Productivity Plan. $110 million in restructuring charges incurred in 2013. Total expected pre-tax charges approx $910 million. Cash expenditures of $133 million in 2013. Balance expected in 2014-2015. Employee count not explicitly disclosed.
2013-12-28restructuringin_progress2014-02-132018-12-31GlobalAll DivisionsUSD 53 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2014 Multi-Year Productivity Plan. $53 million in restructuring charges incurred in 2013. Total expected pre-tax charges approx $990 million. Cash expenditures of $320 million expected in 2014. Employee count not explicitly disclosed.
2013-12-28restructuringin_progress2014-02-132018-12-31GlobalAll segmentsUSD 990 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced Feb 13, 2014 (subsequent event). Total expected pre-tax charges $990M. $53M incurred in FY2013. Includes severance, other costs, and asset impairments.
2013-12-28restructuringin_progress2012-02-092015-12-31GlobalAll segmentsUSD 910 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced Feb 9, 2012. Total expected pre-tax charges $910M. $110M incurred in FY2013. Includes severance, other costs, and asset impairments.
2013-12-28restructuringin_progressrestructuring_footnote
f5-10k / no-ai-xblr
2013-09-07restructuringin_progress2015-12-31All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan; 12-week charges of $7M pre-tax ($6M after-tax). Program total expected pre-tax charges approximately $910 million through 2015, including severance, other costs and asset impairments. No employee counts disclosed.
2013-09-07restructuringin_progress2015-12-31All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
36-week (YTD) charges of $37M pre-tax ($29M after-tax, $0.02 per share) under the Productivity Plan; includes $12M severance and other employee costs, $1M asset impairment, $24M other costs. Majority of cash payments expected by end of 2013. No employee counts disclosed.
2013-09-07restructuringin_progress2013-12-31EuropeEurope segment (Wimm-Bill-Dann acquisition integration)USD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger and integration charges of $9M pre-tax ($7M after-tax) for the 12 and 36 weeks ended September 7, 2013 related to the Wimm-Bill-Dann acquisition; includes severance and other employee costs. Substantially all cash payments expected by end of 2013. No employee counts disclosed.
2013-09-07restructuringin_progress2015-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan: $7M pre-tax charge in Q3 ($6M after-tax); $37M YTD ($29M after-tax, $0.02/sh). Program totals ~$910M pre-tax through 2015; ~$100M more expected in remainder of 2013. No employee counts disclosed.
2013-09-07restructuringin_progress2013-12-31EuropeEurope (Wimm-Bill-Dann acquisition integration)USD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger and integration charges of $9M ($7M after-tax) in Q3 and YTD related to Wimm-Bill-Dann Foods acquisition; substantially all cash payments expected by end of 2013. No employee counts disclosed.
2013-09-07divestiture_reductioncompletedVietnamPAB — Vietnam bottling operationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Controlling interest in Vietnam bottling operations sold to Suntory in Q2 2013; $137M pre- and after-tax gain ($0.09/sh). No headcount impact disclosed.
2013-09-07restructuringin_progressGlobalAll SegmentsUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan charges for 36 weeks ended Sept 7, 2013. Includes severance, asset impairment, and other costs. No employee count disclosed.
2013-09-07restructuringin_progressEuropeEuropeUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Merger and integration charges related to acquisition of Wimm-Bill-Dann Foods OJSC (WBD) for 36 weeks ended Sept 7, 2013. No employee count disclosed.
2013-09-07restructuringin_progress2015-12-31GlobalAll SegmentsUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity Plan. YTD 2013 charges of $37M. Total plan expected to incur ~$910M pre-tax charges through 2015. Employee count affected not disclosed in this filing.
2013-09-07restructuringin_progress2013-12-31EuropeEuropeUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisition of Wimm-Bill-Dann Foods OJSC (WBD). YTD 2013 charges of $9M. Employee count affected not disclosed.
2013-09-07restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-15restructuringin_progress2015-12-31All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 19 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan; Q2 2013 charges of $19M pre-tax ($15M after-tax) recorded in SG&A; program total expected pre-tax charges ~$910M through 2015, including ~$505M severance and other employee-related costs; majority of related cash payments expected by end of 2013.
2013-06-15restructuringin_progress2015-12-31All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
24-week YTD Productivity Plan charges of $30M pre-tax ($23M after-tax); includes severance and other employee costs, asset impairments, and other costs; remaining ~$115M of charges expected in remainder of 2013.
2013-06-15othercompleted2012-03-31ChinaBeverage bottling operations (AMEA)USD 137 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Restructuring and other charges of $137M pre-tax ($163M after-tax) recorded in 12 and 24 weeks ended June 16, 2012, primarily employee-related, related to contributing China bottling operations to Tingyi's TAB subsidiary; prior-year comparative, not current-period.
2013-06-15divestiture_reductioncompletedVietnamBeverage bottling operations (AMEA)USD 137 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sold controlling interest in Vietnam bottling operations to Suntory Holdings; recorded pre- and after-tax gain of $137M ($0.09 per share); headcount transferred not disclosed.
2013-06-15restructuringin_progress2015GlobalAll divisionsUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year Productivity Plan; $30M pre-tax charges in 24 weeks ended 6/15/13 ($23M after-tax, $0.01/sh). Severance and other employee-related costs included, but no employee counts disclosed. ~$115M additional charges expected in remainder of 2013, balance in 2014–2015.
2013-06-15divestiture_reductioncompleted2013-06-15VietnamPAB / AMEA beverage bottling operationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Controlling interest in Vietnam bottling operations sold during the quarter as part of refranchising; $137M pre- and after-tax gain ($0.09/sh). No headcount impact disclosed.
2013-06-15restructuringin_progress2015-12-31GlobalAll segmentsUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan charges for 24 weeks ended June 15, 2013. Employee count not disclosed. Plan expected to continue through 2015.
2013-06-15restructuringin_progress2013-12-31GlobalAll segmentsUSD 19 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan charges for 12 weeks ended June 15, 2013. Employee count not disclosed. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31FLNAFLNAUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31QFNAQFNAUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31LAFLAFUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31PABPABUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31EuropeEuropeUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31AMEAAMEAUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progress2013-12-31CorporateCorporateUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of multi-year Productivity Plan. Majority of cash payments expected by end of 2013.
2013-06-15restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-23restructuringin_progress2015-12-31All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 11 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan; Q1 2013 charges of $11 million pre-tax ($8 million after-tax) recorded in SG&A. Program total expected pre-tax charges approximately $910 million through 2015, including approximately $525 million severance and other employee-related costs. No employee counts disclosed in this filing.
2013-03-23restructuringin_progress2013-12-31EuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger and integration charges related to the acquisition of Wimm-Bill-Dann Foods OJSC; recorded in SG&A in the Europe segment. No employee counts disclosed.
2013-03-23restructuringin_progress2015-12-31GlobalEnterprise-wide (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan: $11M pre-tax charges in Q1 2013 ($8M after-tax, $0.01/sh); ~$910M total program expected, ~$140M more in remainder of 2013, balance in 2014-2015. No employee counts disclosed.
2013-03-23divestiture_reductioncompleted2013-042013-04VietnamBeverage bottling operationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Subsequent event: controlling interest in Vietnam bottling sold to Suntory; after-tax gain ~$140M expected in Q2 2013. No headcount impact disclosed.
2013-03-23restructuringin_progress2013-12-31GlobalMultiple segments (FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate)USD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of multi-year Productivity Plan. Charges include severance, asset impairment, and other costs. Employee count not disclosed.
2013-03-23restructuringin_progress2013-12-31EuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Merger and integration charges related to acquisition of Wimm-Bill-Dann Foods OJSC (WBD).
2013-03-23restructuringin_progress2013-12-31GlobalAll SegmentsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity Plan charges of $11 million incurred in Q1 2013. Employee count not disclosed. Substantially all cash payments expected by end of 2013.
2013-03-23restructuringin_progress2013-12-31EuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges of $1 million related to Wimm-Bill-Dann Foods OJSC acquisition. Employee count not disclosed. Substantially all cash payments expected by end of 2013.
2012-12-29restructuringin_progress2015North AmericaFLNA (Frito-Lay North America)USD 38 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; figures are FY2012-only charges (company-wide: $279M pre-tax in 2012, incl. $89M severance/employee costs; ~$910M total program through 2015; $383M incurred 2011). Of the FLNA 2012 charge, $14M was severance and other employee costs.
2012-12-29restructuringin_progress2015North AmericaQFNA (Quaker Foods North America)USD 9 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. QFNA 2012 charge consisted entirely of other costs; no severance or asset impairment recorded in the segment in 2012.
2012-12-29restructuringin_progress2015Latin AmericaLAF (Latin America Foods)USD 50 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. Of the LAF 2012 charge, $15M was severance and other employee costs.
2012-12-29restructuringin_progress2015North America and Latin AmericaPAB (PepsiCo Americas Beverages)USD 102 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. Of the PAB 2012 charge, $34M was severance and other employee costs and $43M asset impairments.
2012-12-29restructuringin_progress2015EuropeEuropeUSD 42 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. Of the Europe 2012 charge, $14M was severance and other employee costs and $16M asset impairments.
2012-12-29restructuringin_progress2015Asia, Middle East and AfricaAMEAUSD 28 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. Of the AMEA 2012 charge, $18M was severance and other employee costs.
2012-12-29restructuringin_progress2015GlobalCorporate unallocatedUSD 10 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; FY2012-only charge. The 2012 corporate severance component was a $(6)M credit; $16M of other costs.
2012-12-29divestiture_reductioncompleted2012-03-312012-03-31ChinaAMEA — beverage bottling operationsUSD 150 (millions)other
f5-10k / GLM-5.3-flash-HTML
Contributed company-owned and JV China bottling operations to Tingyi subsidiary TAB on 2012-03-31 in exchange for a 5% indirect equity interest. Restructuring and other charges of $150M pre-tax ($176M after-tax, as disclosed) were primarily employee-related; headcount affected not disclosed.
2012-12-29restructuringin_progressGlobalFLNAUSD 38 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in FLNA during fiscal 2012; program runs through 2015 with total expected pre-tax charges of approximately $910 million. Employee counts not disclosed.
2012-12-29restructuringin_progressGlobalQFNAUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in QFNA during fiscal 2012.
2012-12-29restructuringin_progressLatin AmericaLAFUSD 50 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in LAF during fiscal 2012.
2012-12-29restructuringin_progressNorth America and Latin AmericaPABUSD 102 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in PAB during fiscal 2012.
2012-12-29restructuringin_progressEuropeEuropeUSD 42 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in Europe during fiscal 2012.
2012-12-29restructuringin_progressAsia, Middle East and AfricaAMEAUSD 28 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in AMEA during fiscal 2012.
2012-12-29restructuringin_progressGlobalCorporateUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan charges recorded in corporate unallocated expenses during fiscal 2012. Total fiscal 2012 Productivity Plan charge was $279 million pre-tax ($215 million after-tax), with $343 million of cash payments; remaining balance of approximately $362 million expected in 2013-2015.
2012-12-29voluntary_separationcompleted2012-10-012012-12-31United StatesCorporateUSD 195 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In Q4 2012 the Company offered certain former employees with vested defined benefit pension benefits a one-time lump sum equal to the present value of their benefit; $405 million discretionary contribution funded substantially all payments. Pre-tax non-cash settlement charge of $195 million ($131 million after-tax). Announcement date approximated to the start of Q4 2012.
2012-12-29restructuringcompleted2012-03-312012-12-29ChinaAMEAUSD 150 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Restructuring and other charges ($176 million after-tax) primarily consisting of employee-related charges in connection with the Tingyi transaction, which contributed bottling operations in China to TAB. Announcement date reflects transaction completion date.
2012-12-29restructuringcompleted2012-12-29EuropeEuropeUSD 16 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Merger and integration charges related to the Wimb-Bill-Dann (WBD) acquisition recorded in fiscal 2012 ($11 million in Europe segment, $5 million in interest expense); total $16 million pre-tax, $12 million after-tax.
2012-12-29restructuringcompleted2012-01-012012-12-29GlobalAll DivisionsUSD 279 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan charges of $279 million pre-tax ($215 million after-tax). Includes severance, asset impairments, and other costs. Employee count not explicitly disclosed in aggregate.
2012-12-29restructuringcompleted2012-01-012012-12-29Asia, Middle East and AfricaAMEAUSD 150 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Restructuring and other charges related to the transaction with Tingyi. Primarily employee-related charges.
2012-12-29restructuringin_progress2015-12-31GlobalAll segmentsUSD 279 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Productivity Plan: $279 million pre-tax charges in 2012. Total expected pre-tax charges approx $910 million through 2015. Includes severance, asset impairments, and other costs. Employee count not disclosed.
2012-12-29restructuringcompletedAsia, Middle East and AfricaAMEAUSD 150 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges related to transaction with Tingyi. Employee count not disclosed.
2012-12-29restructuringin_progressUSD 176,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-08restructuringin_progress2015-12-31FLNA, QFNA, LAF, PAB, AMEA, Corporate unallocatedUSD 193 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan; $193 million pre-tax charges incurred in the 36 weeks ended 9/8/2012 ($83 million in the 12 weeks). Total expected pre-tax charges approximately $910 million, with approximately $205 million anticipated in remainder of 2012 and balance through 2015. Charges comprise severance and other employee costs, other costs, and asset impairments. No employee headcount affected disclosed.
2012-09-08restructuringcompleted2012-03-31ChinaBottling operations contributed to Tingyi-Asahi Beverages HoldingUSD 137 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Transaction completed March 31, 2012; bottling operations in China contributed to Tingyi's TAB subsidiary in exchange for 5% indirect equity interest. Restructuring and other charges of $137 million pre-tax ($163 million after-tax) primarily employee-related, recorded in Q2 2012. No headcount disclosed.
2012-09-08acquisition_additioncompleted2011-02-032011-09-30RussiaWimm-Bill-Dann Foods OJSCUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of WBD completed in 2011 (ownership to 100% by September 2011); residual merger and integration charges of $7 million pre-tax in the 36 weeks ended 9/8/2012, recorded in Europe segment. No headcount additions disclosed.
2012-09-08restructuringin_progress2012-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 193 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan: $193M pre-tax charges in 36 weeks; $910M total expected program cost; ~$205M additional charges anticipated in remainder of 2012; no employee count disclosed.
2012-09-08restructuringin_progress2012-03-31ChinaAMEA — BeveragesUSD 137 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring and other charges related to Tingyi transaction ($163M after-tax, $0.10/share); primarily employee-related; no headcount disclosed.
2012-09-08restructuringin_progress2015-12-31GlobalAll segmentsUSD 193 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan charges for 36 weeks ended Sept 8, 2012. Total expected pre-tax charges approx $910M. Plan expected substantially completed by end of 2012 with initiatives continuing through 2015. Employee count not disclosed.
2012-09-08restructuringin_progressChinaAsia, Middle East & AfricaUSD 137 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Restructuring and other charges related to transaction with Tingyi (Cayman Islands) Holding Corp. primarily consisting of employee-related charges. Recorded in Q2 2012.
2012-09-08restructuringin_progressEuropeEuropeUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Merger and integration charges related to acquisition of Wimm-Bill-Dann Foods OJSC (WBD). All recorded in Europe segment.
2012-09-08restructuringin_progress2015-12-31GlobalAll segmentsUSD 193 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity Plan charges for 36 weeks ended Sept 8, 2012. Includes $51M severance/employee costs, $57M asset impairment, $85M other costs. Plan expected to be substantially completed by end of 2012 with initiatives continuing through 2015. Employee count not disclosed.
2012-09-08restructuringcompleted2012-03-312012-03-31ChinaAsia, Middle East and Africa (AMEA)USD 137 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to transaction with Tingyi (Cayman Islands) Holding Corp. Contributed bottling operations in China to TAB. Charge primarily consisting of employee-related charges. Employee count not disclosed.
2012-09-08restructuringin_progress2012-12-31EuropeEuropeUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisition of Wimm-Bill-Dann Foods OJSC (WBD). Majority of cash payments expected by end of 2012. Employee count not disclosed.
2012-09-08restructuringin_progressUSD 163,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-09-08restructuringin_progressTingyi [Member]USD 163,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-16restructuringin_progress2012-02-012012-12-31FLNA, QFNA, LAF, PAB, AMEA, Corporate UnallocatedUSD 77 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan announced February 2012; includes severance, plant/warehouse/sales facility consolidation and simplified organization structures. Q2 2012 charges: FLNA $24M, QFNA $1M, LAF $6M, PAB $35M, AMEA $8M, corporate $3M. No employee counts disclosed. Plan expected substantially complete by end of 2012 with incremental initiatives through 2015.
2012-06-16restructuringin_progress2012-02-012015-12-31FLNA, QFNA, LAF, PAB, AMEA, Corporate UnallocatedUSD 110 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date Productivity Plan charges of $110 million pre-tax ($80 million after-tax); includes severance and other employee costs, asset impairments and other costs. Total expected pre-tax charges approximately $910 million through 2015. No employee counts disclosed.
2012-06-16restructuringcompleted2012-03-31ChinaAMEAUSD 137 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Charges primarily consisting of employee-related costs recorded in connection with contributing China bottling operations to Tingyi-Asahi Beverages Holding Co. Ltd on March 31, 2012; $163 million after-tax or $0.10 per share. No employee counts disclosed.
2012-06-16restructuringin_progress2012-02-092015-12-31GlobalAll divisionsUSD 110 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year Productivity Plan announced Feb 2012; $110M pre-tax charges in 24 weeks 2012 ($80M after-tax, $0.05/sh). Total program ~$910M pre-tax; ~$315M more expected remainder of 2012, ~$102M in 2013-2015. Employee headcount affected not disclosed.
2012-06-16restructuringcompleted2012-03-312012-03-31ChinaPAB / AMEA — beverage bottling operationsUSD 137 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring and other charges of $137M pre-tax ($163M after-tax, $0.10/sh), primarily employee-related, from contributing China bottling ops to TAB for 5% equity stake. Employee counts not disclosed.
2012-06-16restructuringin_progress2012-02-012015-12-31GlobalAll segmentsUSD 110 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan announced Feb 2012. $110M pre-tax charges in 24 weeks ended June 16, 2012. Total plan charges approx $910M. Employee headcount reductions not quantified in this filing.
2012-06-16restructuringcompleted2012-03-312012-03-31ChinaAsia, Middle East & Africa (AMEA)USD 137 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Transaction with Tingyi. $137M pre-tax charges primarily consisting of employee-related charges. Recorded in 12 and 24 weeks ended June 16, 2012.
2012-06-16restructuringin_progress2011-02-012011-12-31GlobalEurope and CorporateUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Merger and integration charges related to WBD acquisition. $5M pre-tax charges in 24 weeks ended June 16, 2012.
2012-06-16restructuringin_progress2012-02-012015-12-31GlobalAll segmentsUSD 110 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity Plan announced Feb 2012. YTD 2012 charges of $110M include severance, asset impairment, and other costs. Employee count not disclosed.
2012-06-16restructuringcompleted2012-03-312012-03-31ChinaAsia, Middle East & AfricaUSD 137 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Transaction with Tingyi completed March 31, 2012. Charges of $137M primarily consisting of employee-related charges. Employee count not disclosed.
2012-06-16restructuringin_progress2010-12-012012-12-31GlobalEurope, CorporateUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to WBD acquisition. YTD 2012 charges of $5M. Employee count not disclosed.
2012-06-16restructuringin_progressTingyi [Member]USD 163,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-24restructuringin_progress2012-02-012012-12-31FLNA, QFNA, LAF, PAB, AMEA, Europe, CorporateUSD 33 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year Productivity Plan announced February 2012; Q1 2012 charges of $33M pre-tax ($23M after-tax) across segments: FLNA $8M, QFNA $5M, LAF $6M, PAB $8M, AMEA $9M, income of $1M Europe and $2M corporate. Total plan pre-tax charges expected ~$910M, including ~$500M severance and employee-related costs; plan substantially complete by end of 2012 with incremental initiatives through 2015. Annual equity award grant delayed from March to April to administer following employee headcount reductions.
2012-03-24restructuringin_progress2012-02-012015-12-31Company-wideUSD 910 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Full Productivity Plan: ~$910M pre-tax charges total ($383M in 2011, ~$425M in 2012, balance 2013-2015); ~$500M severance/employee costs, ~$325M other costs, ~$85M non-cash asset impairments from plant closures. Cash expenditures: $30M in 2011, $44M in Q1 2012, ~$506M expected remainder of 2012, ~$175M in 2013-2015.
2012-03-24othercompleted2012-03-312012-03-31ChinaPAB (bottling operations)USD 200 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Contributed company-owned and JV bottling operations in China to Tingyi-Asahi Beverages Holding in exchange for 5% indirect equity interest; TAB becomes franchise bottler in China. After-tax loss of ~$200M expected in Q2 2012 results.
2012-03-24restructuringin_progress2012-02-092012-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity Plan: $33M pre-tax charge in Q1 2012 ($23M after-tax). Full program ~$910M total pre-tax charges across 2011-2015, ~$425M expected in 2012. Employee headcount reductions referenced but no count disclosed. Substantially complete by end of 2012.
2012-03-24acquisition_additioncompleted2011-02-032011-09-30Russian FederationEuropeUSD 2 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Wimm-Bill-Dann Foods acquisition completed 2011; $2M merger and integration charges in Q1 2012. No headcount added disclosed.
2012-03-24divestiture_reductioncompleted2011-10-012011-12-31MexicoPABMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Mexico beverage business divested in Q4 2011; contributed 4 percentage points to PAB net revenue decline. No headcount reduction disclosed.
2012-03-24otherannounced2012-03-312012-03-31ChinaPABUSD 200 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
China bottling operations contributed to Tingyi-Asahi Beverages; after-tax loss of ~$200M expected in Q2 2012. No headcount impact disclosed.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalAll segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity Plan announced Feb 2012. Q1 2012 charges of $33M ($23M after-tax). Total pre-tax charges expected ~$910M. Includes severance, consulting, lease terminations, and asset impairments. No specific employee count disclosed for this period.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalFLNAUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalQFNAUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalLAFUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalPABUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalAMEAUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalEuropeUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Income representing adjustments of previously recorded amounts.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalCorporate UnallocatedUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Income representing adjustments of previously recorded amounts.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalAll segmentsUSD 44 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Cash payments for restructuring charges in Q1 2012. Liability as of March 24, 2012 was $248M.
2012-03-24restructuringin_progress2012-02-012015-12-31GlobalAll segmentsUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity Plan announced Feb 2012. Q1 2012 charges of $33M include severance, asset impairment, and other costs. Total expected pre-tax charges approx $910M through 2015. Employee count not disclosed.
2012-03-24restructuringin_progress2012-02-012015-12-31FLNAFrito-Lay North AmericaUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31QFNAQuaker Foods North AmericaUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31LAFLatin America FoodsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31PABPepsiCo Americas BeveragesUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31AMEAAsia, Middle East & AfricaUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan.
2012-03-24restructuringin_progress2012-02-012015-12-31EuropeEuropeUSD -1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan. Negative value represents income/adjustment of previously recorded amounts.
2012-03-24restructuringin_progress2012-02-012015-12-31CorporateCorporate UnallocatedUSD -2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Component of Productivity Plan. Negative value represents income/adjustment of previously recorded amounts.
2012-03-24restructuringin_progress2012-12-31EuropeEuropeUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to WBD acquisition. Employee count not disclosed.
2011-12-31restructuringin_progress2012-12-31North AmericaFrito-Lay North America (FLNA)USD 76 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; 2011 charge of $76M ($74M severance and other employee costs, $2M other) recorded in Q4 2011 per quarterly data; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31North AmericaQuaker Foods North America (QFNA)USD 18 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; entire 2011 charge is severance and other employee costs, recorded in Q4 2011; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31Latin AmericaLatin America Foods (LAF)USD 48 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; 2011 charge of $48M ($46M severance and other employee costs, $2M other) recorded in Q4 2011; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31North America and Latin AmericaPepsiCo Americas Beverages (PAB)USD 81 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; 2011 charge of $81M ($75M severance and other employee costs, $6M other) recorded in Q4 2011; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31EuropeEuropeUSD 77 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; 2011 charge of $77M ($65M severance and other employee costs, $12M other) recorded in Q4 2011; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31Asia, Middle East and AfricaAsia, Middle East & Africa (AMEA)USD 9 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; entire 2011 charge is severance and other employee costs, recorded in Q4 2011; no headcount disclosed.
2011-12-31restructuringin_progress2012-12-31GlobalCorporate unallocatedUSD 74 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year Productivity Plan; 2011 charge of $74M ($40M severance and other employee costs, $34M other) recorded in Q4 2011. Program total pre-tax charges of ~$910M expected through 2015 (~$425M in 2012); $328M liability remained at year-end 2011. No headcount disclosed.
2011-12-31restructuringcompleted2011-12-31Americas and EuropePAB ($112M), Europe ($123M), corporate unallocated ($78M), interest expense ($16M)USD 329 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Integration charges for the PBG, PAS and WBD acquisitions: $146M severance and other employee costs, $34M asset impairment, $149M other costs (closing costs, advisory fees). Substantially all cash payments made by end of 2011; $53M liability remained at year-end. No headcount disclosed.
2011-12-31acquisition_additioncompleted2011-02-032011-09RussiaEuropebusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired ~66% of Wimm-Bill-Dann Foods OJSC shares on 2011-02-03 for ~$3.8B cash, lifting ownership to ~77%; May 2011 tender offers raised ownership to ~98.6%; September 2011 squeeze-out completed ownership at 100%. Headcount added through the acquisition is not disclosed.
2011-12-31divestiture_reductioncompletedMexicoPepsiCo Americas Beverages (PAB)MD&A
f5-10k / GLM-5.3-flash-HTML
Mexico beverage business contributed in Q4 2011 to a new joint venture with Grupo Embotelladoras Unidas S.A.B. de C.V. and Empresas Polar; transaction included a one-time gain. Headcount removed is not disclosed.
2011-12-31restructuringin_progress2012-12-31GlobalFrito-Lay North America (FLNA)USD 76 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan; program totals approximately $910 million pre-tax across 2011-2015, with initiatives continuing through 2015. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31GlobalQuaker Foods North America (QFNA)USD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31Latin AmericaLatin America Foods (LAF)USD 48 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31AmericasPepsiCo Americas Beverages (PAB)USD 81 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31EuropePepsiCo EuropeUSD 77 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31Asia, Middle East & AfricaAMEAUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan. Employees affected not disclosed.
2011-12-31restructuringin_progress2012-12-31GlobalCorporate unallocated expensesUSD 74 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 charges only under the multi-year Productivity Plan; includes $40 million severance and other employee costs and $34 million other costs. Employees affected not disclosed.
2011-12-31acquisition_additioncompleted2011-02-032011-09-30RussiaPepsiCo Europebusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired approximately 66% of WBD shares on 2011-02-03, raised ownership to ~98.6% via tender offers completed May 2011, and reached 100% via Russian squeeze-out in September 2011. WBD represented 9% of consolidated total assets and 4% of net revenues; headcount added not disclosed.
2011-12-31divestiture_reductioncompleted2011-12-31MexicoPepsiCo Americas Beverages (PAB)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Mexico beverage business divested in Q4 2011 and contributed to a joint venture with Grupo Embotelladoras Unidas and Empresas Polar; included a one-time gain. Headcount removed not disclosed.
2011-12-31restructuringin_progress2011-01-012015-12-31GlobalAll segments and corporateUSD 383 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Multi-year Productivity Plan. Charges of $383 million incurred in 2011. Total expected pre-tax charges approximately $910 million through 2015. Employee count not disclosed.
2011-12-31acquisition_additioncompleted2011-02-03RussiaEuropeMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Wimm-Bill-Dann Foods OJSC (WBD). Employee count not disclosed.
2011-12-31restructuringin_progress2011-01-012015-12-31GlobalAll segmentsUSD 383 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Multi-year Productivity Plan. $383 million pre-tax charges incurred in 2011. Expected total pre-tax charges of approximately $910 million through 2015. Includes severance, other costs, and asset impairments. Employee count not explicitly disclosed in filing.
2011-12-31restructuringin_progressUSD 383,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressCorporate Unallocated [Member]USD 74,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEurope [Member]USD 77,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressFrito Lay North America [Member]USD 76,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressLatin America Foods [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member]USD 56,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressPepsico Americas Beverages [Member]USD 81,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressPepsico Asia Middle East And Africa [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressProductivity Plan Activity [Member]USD 383,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressQuaker Foods North America [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member]USD 327,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressStock Compensation Plan [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member] / Corporate Unallocated [Member]USD 34,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member] / Europe [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member] / Frito Lay North America [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member] / Latin America Foods [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressOther Costs [Member] / Pepsico Americas Beverages [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressProductivity Plan Activity [Member] / Other Costs [Member]USD 56,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressProductivity Plan Activity [Member] / Employee Severance [Member]USD 327,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Corporate Unallocated [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Europe [Member]USD 65,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Frito Lay North America [Member]USD 74,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Latin America Foods [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Pepsico Americas Beverages [Member]USD 75,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Pepsico Asia Middle East And Africa [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member] / Quaker Foods North America [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-03restructuringin_progress2011-12-31PAB, Europe, corporate unallocated, interest expenseUSD 54 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2011 merger and integration charges related to PBG, PAS and WBD acquisitions include $54 million of severance and other employee costs; cash payments of $148 million and liability of $65 million as of 2011-09-03. Substantially all cash payments expected by end of 2011. No employee counts disclosed.
2011-09-03acquisition_additioncompleted2011-02-032011-09-30RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Wimm-Bill-Dann Foods; headcount added not disclosed. Squeeze-out completed September 2011, reaching 100% ownership.
2011-09-03restructuringin_progress2011-12-31GlobalPAB, Europe, CorporateUSD 174 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger and integration charges for PBG, PAS and WBD acquisitions; employee counts not disclosed. Severance liability of $72M at quarter-end.
2011-09-03restructuringin_progress2011-12-31GlobalCorporate, PAB, EuropeUSD 174 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Substantially all cash payments expected by end of 2011.
2011-09-03restructuringin_progress2011-12-31GlobalCorporate, PAB, EuropeUSD 61 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges for 12 weeks ended Sept 3, 2011 related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Substantially all cash payments expected by end of 2011.
2011-09-03restructuringin_progress2011-12-31GlobalCorporate, PAB, EuropeUSD 174 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges for 36 weeks ended Sept 3, 2011 related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Substantially all cash payments expected by end of 2011.
2011-06-11acquisition_additioncompleted2010-12-012011-02-03RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired ~66% of Wimm-Bill-Dann ordinary shares for ~$3.8B cash, raising ownership to ~77%; no employee counts disclosed.
2011-06-11acquisition_additioncompleted2011-03-102011-05-19RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Russian and U.S. tender offers completed May 19 and May 16, 2011 for ~$1.3B, raising ownership to ~98.6%; no employee counts disclosed.
2011-06-11acquisition_additionannounced2011-06-302011-09-15RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Elected squeeze-out rights under Russian law for remaining shares; process expected to conclude by mid-September 2011, yielding 100% ownership. No employee counts disclosed.
2011-06-11restructuringin_progress2011-12-31United States; Europe; RussiaPAB; Europe; Corporate UnallocatedUSD 36 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and other employee costs of $36M charged in 2011 (part of $113M total merger/integration charges for the 24 weeks); liability of $89M at June 11, 2011. Employee counts not disclosed; substantially all cash payments expected by end of 2011.
2011-06-11restructuringin_progress2011-12-31GlobalCorporate Unallocated, PAB, EuropeUSD 113 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Substantially all cash payments expected by end of 2011. Employee count not disclosed.
2011-03-19restructuringin_progressCorporate (merger and integration related to PBG, PAS and WBD acquisitions)USD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2011 merger and integration charges included $8 million of severance and other employee costs; total merger and integration charges were $55 million. Liability for severance and other employee costs was $124 million as of March 19, 2011, down from $179 million at December 25, 2010, with $43 million of cash payments and $20 million of non-cash charges during the quarter. No employee count disclosed.
2011-03-19restructuringin_progress2011-12-31USD 55 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charges related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Cash payments expected by end of 2011.
2011-03-19restructuringin_progress2011-12-31GlobalCorporate Unallocated, PAB, EuropeUSD 55 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG, PAS, and WBD. Includes severance and other employee costs. Employee count not disclosed.
2010-12-25acquisition_additioncompleted2009-08-03United States, Canada, Mexico, EuropePAB and Europe segmentsbusiness_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired The Pepsi Bottling Group and PepsiAmericas on February 26, 2010. Total purchase price ~$12.6 billion including $8.3 billion cash/equity and $4.3 billion previously held equity interests. Acquired-headcount figure not disclosed.
2010-12-25restructuringin_progress2,3702010-02-262011-12-31PAB; Europe; Corporate unallocatedUSD 396 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
2010 integration severance and other employee costs of $396 million primarily termination costs for ~2,370 employees, tied to PBG/PAS and WBD advisory work. Total 2010 merger and integration charges $808 million pre-tax ($467M PAB, $111M Europe, $191M corporate unallocated, $30M interest expense, $9M bottling equity income); after-tax impact $648 million. Remaining liability $204 million at FY-end; substantially all cash payments expected by end of 2011.
2010-12-25acquisition_additionannounced2010-12-012011-03-11Russiasubsequent_events
f5-10k / GLM-5.3-flash-HTML
Subsequent to FY-end, acquired ~66% of Wimm-Bill-Dann shares on February 3, 2011 for ~$3.8 billion (ownership raised to ~77%); mandatory Russian tender offer for remaining shares expected on or before March 11, 2011. Headcount added not disclosed. PepsiCo had also paid ~$0.5 billion for WBD ADSs in the open market during FY2010.
2010-12-25restructuringin_progress2,3702010-02-262011-12-31GlobalPAB, Europe and corporate unallocatedUSD 396 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance and other employee costs within $808M of 2010 merger and integration charges from the PBG/PAS acquisitions; termination costs for approximately 2,370 employees. $204M liability remained at year-end and substantially all cash payments were expected by end of 2011. Announcement date reflects the February 26, 2010 acquisition closing (merger agreements dated August 3, 2009).
2010-12-25acquisition_additioncompleted2010-02-262010-02-26United States, Canada, Mexico, Europe (including Russia)PAB and Europe segmentsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Pepsi Bottling Group and PepsiAmericas completed February 26, 2010 for approximately $12.6 billion total purchase price; acquired headcount is not disclosed in the filing.
2010-12-25acquisition_additionannounced2011-02-032011-03-11RussiaEurope segmentsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after the December 25, 2010 fiscal year end: acquisition of ~66% of WBD shares for approximately $3.8 billion, raising total ownership to ~77%, with a mandatory Russian tender offer for remaining shares expected on or before March 11, 2011. Headcount impact not disclosed.
2010-12-25restructuringcompleted2,3702010-01-012011-12-31GlobalMultiple segments (PAB, Europe, Corporate)USD 799 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Merger and integration charges related to acquisitions of PBG and PAS, and advisory fees for WBD acquisition. Includes termination costs for approximately 2,370 employees. Substantially all cash payments expected by end of 2011.
2010-12-25restructuringcompleted4102008-01-012010-12-31GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity for Growth program initiated in 2008. 2010 charges of $36 million related to this program. Includes termination costs for approximately 410 employees. Substantially all cash payments paid by end of 2010.
2010-12-25restructuringcompleted4102008-01-012009-06-30GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Productivity for Growth program initiated in 2008. 2009 charges of $36 million included termination costs for approximately 410 employees. Initiatives completed in Q2 2009.
2010-12-25restructuringcompleted3,5002008-01-012008-12-31GlobalAll divisionsUSD 543 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Productivity for Growth program. 2008 charges of $543 million included termination costs for approximately 3,500 employees.
2010-12-25restructuringin_progress2010-02-262011-12-31GlobalPAB, Europe, CorporateUSD 799 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG and PAS. $799 million total charges. Employee count not explicitly disclosed in footnote, though severance component of $396 million suggests significant headcount impact. Substantially all cash payments expected by end of 2011.
2010-09-04restructuringin_progress1,1402011-12-31PAB, Europe, CorporateUSD 219 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
PBG/PAS merger and integration severance and other employee costs of $219 million in 2010, primarily termination costs for approximately 1,140 employees; substantially all cash payments expected by end of 2011. Total 2010 merger and integration charges of $545 million also include $120 million asset impairment and $206 million other costs.
2010-09-04acquisition_additioncompleted2010-02-26United States, Canada, Mexico, Europe, RussiaPAB, Europebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Pepsi Bottling Group and PepsiAmericas completed 2010-02-26; headcount added not separately disclosed.
2010-09-04restructuringin_progress1,1402010-01-012011-12-31United States, EuropePAB, Europe, CorporateUSD 545 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Termination costs for approximately 1,140 employees as part of PBG/PAS merger and integration; cash payments substantially expected by end of 2011.
2010-09-04restructuringin_progress1,1402010-02-262011-12-31GlobalPBG/PAS IntegrationUSD 219 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Primarily reflects termination costs for approximately 1,140 employees related to PBG/PAS acquisitions. Substantially all cash payments expected by end of 2011.
2010-09-04restructuringin_progress2010-02-262011-12-31GlobalPAB, Europe, CorporateUSD 536 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG and PAS. Employee count not disclosed. Charges include closing costs, financing costs, and advisory fees. Substantially all cash payments expected by end of 2011.
2010-09-04restructuringcompleted2009-01-012009-06-30GlobalAll DivisionsUSD 36 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Productivity for Growth program completed in Q2 2009. Included closure of six plants. Employee count not disclosed in this filing.
2010-06-12restructuringin_progress9902010-02-262011-12-31Primarily PAB segment; also Europe segment and corporate unallocatedUSD 185 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance and other employee costs of $185 million primarily reflect termination costs for approximately 990 employees in connection with the PBG/PAS acquisitions; $32 million paid in cash and $59 million non-cash during the 24 weeks, leaving a $94 million liability at June 12, 2010. Substantially all cash payments expected by end of 2011.
2010-06-12restructuringin_progress9902010-02-262011-12-31United States, Canada, Mexico, Europe (including Russia)PAB, Europe and corporate unallocatedUSD 185 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance and other employee costs line of the 2010 merger/integration roll-forward; footnote states the amount primarily reflects termination costs for approximately 990 employees. Total 2010 merger and integration charges were $476M (24 weeks), of which $185M was severance/employee costs, $113M asset impairment and $178M other. Substantially all cash payments expected by end of 2011.
2010-06-12acquisition_additioncompleted2010-02-26United States, Canada, Mexico, Europe (including Russia)PAB and Europebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc. completed February 26, 2010; total purchase price approximately $12.6 billion. Number of employees added through the acquisition is not disclosed in this filing.
2010-06-12restructuringin_progress9902010-02-262011-12-31GlobalPBG/PAS Merger and IntegrationUSD 476 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Primarily reflects termination costs for approximately 990 employees related to PBG/PAS acquisitions. Substantially all cash payments expected by end of 2011.
2010-06-12restructuringin_progress9902010-02-262011-12-31GlobalPAB, Europe, CorporateUSD 185 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG and PAS. Severance and other employee costs primarily reflect termination costs for approximately 990 employees. Substantially all cash payments expected by end of 2011.
2010-03-20restructuringin_progress3452009-08-032011-12-31PAB segment ($193M), Europe segment ($1M), corporate unallocated ($88M), interest expense ($30M)USD 321 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
PBG/PAS merger and integration charges of $321M in Q1 2010, comprising $83M severance and other employee costs (termination costs for approximately 345 employees), $98M asset impairment and $140M other costs; an additional $9M representing PepsiCo's share of PBG/PAS merger costs was recorded in bottling equity income. Substantially all cash payments expected by end of 2011; liability of $101M as of 2010-03-20. After-tax impact $261M or $0.16 per share.
2010-03-20restructuringin_progress3452010-02-262011-12-31GlobalMultiple (PAB, Europe, Corporate)USD 321 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
2010 merger and integration charges related to PBG/PAS acquisitions; severance and other employee costs primarily reflect termination costs for approximately 345 employees. Total charge of $321M includes $83M severance, $98M asset impairment, $140M other. Substantially all cash payments expected by end of 2011.
2010-03-20acquisition_additioncompleted2010-02-262010-02-26United States, Canada, Mexico, Europe, RussiaPAB, Europebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Completed acquisitions of The Pepsi Bottling Group (PBG) and PepsiAmericas (PAS) on 2010-02-26 for total purchase price of approximately $12.6 billion. Headcount added through the acquisitions is not separately disclosed in this filing.
2010-03-20restructuringin_progress3452010-02-262011-12-31GlobalCorporate Unallocated, PAB, EuropeUSD 83 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of $312M total merger/integration charges for PBG/PAS acquisitions. Severance specifically for ~345 employees. Substantially all cash payments expected by end of 2011.
2010-03-20restructuringin_progress3452010-02-262011-12-31GlobalCorporate Unallocated, PAB, EuropeUSD 83 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger and integration charges related to acquisitions of PBG and PAS. Severance and other employee costs of $83 million primarily reflect termination costs for approximately 345 employees. Total merger and integration charges were $321 million.
2009-12-26restructuringcompleted41020082009-06All divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 36 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Productivity for Growth program began in 2008; fiscal 2009 incremental charge comprised $17M severance (termination costs for ~410 employees, approximate), $12M asset impairments and $7M other costs; initiatives completed in Q2 2009 with substantially all cash payments expected by 2010. Segment split of the 2009 charge: PAB $16M, AMEA $13M, LAF $3M, FLNA $2M, QFNA $1M, Europe $1M. Program also encompassed closure of six plants (impairments recognized primarily in fiscal 2008, which is outside the current-year scope). Employee count not separately disclosed per segment.
2009-12-26acquisition_additionannounced2009-08-032010-02United States, Canada, Mexico; Europe (including Russia)New North American bottling operating unit within PAB; current PBG/PAS European operations to be managed by Europe divisionUSD 50 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Proposed mergers with bottlers PBG and PAS under merger agreements dated August 3, 2009. No headcount figures disclosed for the acquired workforces. Stockholder approvals and HSR refiling with FTC consent decree occurred February 17, 2010; company hoped to consummate by end of February 2010. The $50M is pre-tax transaction/merger costs recognized in fiscal 2009 (an additional $11M recorded in bottling equity income), not severance.
2009-12-26restructuringcompleted4102009-06-30GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 36 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2009 activity under the multi-year Productivity for Growth program that began in 2008; charge of $36M ($29M after-tax) primarily severance for approximately 410 terminated employees. Initiatives completed in Q2 2009. Prior-year program activity (2008 charge of $543M, approximately 3,500 employees) excluded.
2009-12-26plant_closurecompleted2009-06-30GlobalAll divisionsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closure of six plants under the Productivity for Growth program; asset impairments of $149M were recorded in the 2008 charge, with closure initiatives completed in Q2 2009. Headcount associated with the closures is not separately disclosed.
2009-12-26acquisition_additionannounced2009-08-032010-02-28United States, Canada, Mexico, Europe (including Russia)PepsiCo Americas Beverages (new bottling operating unit); Europe divisionsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pending mergers with The Pepsi Bottling Group and PepsiAmericas announced 2009-08-03; stockholder approvals obtained 2010-02-17 and filer expected to close by end of February 2010. Headcount to be added is not disclosed. $50M of merger costs recorded in FY2009 operating profit plus $11M in bottling equity income.
2009-12-26restructuringcompleted4102008-01-012009-06-30GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity for Growth program initiated in 2008; 2009 charges related to closure of six plants and organizational simplification. Initiatives completed in Q2 2009.
2009-12-26restructuringcompleted4102008-01-012009-06-30GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Productivity for Growth program initiated in 2008. 2009 charge of $36 million included severance for approx. 410 employees. Initiatives completed in Q2 2009.
2009-09-05restructuringcompleted4102008-122009-06All divisionsAll divisionsUSD 36 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Productivity for Growth program initiated Q4 2008 with $543M charge including six plant closures; 2009 YTD charges of $36M ($29M after-tax) primarily reflect termination costs for approximately 410 employees; initiatives completed in Q2 2009, with substantially all cash payments expected by 2010; $183M of restructuring cash payments made in the 36 weeks ended 2009-09-05.
2009-09-05restructuringcompleted4102009-06-30GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity for Growth program; $36M charges ($29M after-tax) in the 36 weeks ended 9/5/09, of which $17M severance primarily reflects termination costs for approximately 410 employees. Includes closure of six plants. Initiatives completed in Q2 2009; remaining cash payments expected by 2010. Program originally charged $543M in Q4 2008 (announcement date not stated in this filing).
2009-09-05acquisition_additionannounced2009-08-03North AmericaBottling operations (PBG and PAS)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Merger agreements with The Pepsi Bottling Group and PepsiAmericas signed 8/3/09; 50% cash / 50% stock consideration. No headcount impact quantified in this filing. Related merger costs of $1M in operating profit plus $8M share of PBG/PAS merger costs recorded in bottling equity income (after-tax impact $8M).
2009-09-05restructuringin_progress4102008-10-012010-12-31GlobalAll DivisionsUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 'Productivity for Growth' program initiated in Q4 2008. Includes closure of six plants. Initiatives completed in Q2 2009; substantially all cash payments expected by 2010.
2009-09-05restructuringin_progress4102008-10-012010-12-31GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity for Growth program initiated in Q4 2008. Q3 2009 charges of $36M include $17M severance for approx. 410 employees. Substantially all cash payments expected by 2010.
2009-06-13restructuringcompleted4102008-12-272009-06-13All divisionsUSD 36 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Productivity for Growth program initiated with a Q4 2008 charge of $543 million ($408 million after-tax). Year-to-date 2009 charges of $36 million ($29 million after-tax) primarily reflect termination costs for approximately 410 employees; initiatives completed in Q2 2009, with substantially all cash payments expected by 2010. Restructuring liability of $88 million remained at 2009-06-13.
2009-06-13restructuringcompleted402008-12-272009-06-13PAB, Europe, AMEAUSD 11 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Second-quarter 2009 charges of $11 million ($10 million after-tax) under the Productivity for Growth program, primarily termination costs for approximately 40 employees across PAB ($3M), Europe ($(2)M credit) and AMEA ($10M).
2009-06-13plant_closurecompleted2008-12-272009-06-13All divisionsUSD 543 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Productivity for Growth program included closure of six plants intended to increase supply-chain cost competitiveness; no employee count was disclosed specifically for the closures.
2009-06-13restructuringcompleted4102008-12-272009-06-13GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
24-week figure; includes ~40 employees in Q2 alone. Severance $17M, other costs $19M. Program announced Q4 2008 with $543M total charge; 2009 charges are incremental. Initiatives completed in Q2 2009; cash payments expected by 2010.
2009-06-13restructuringcompleted402008-12-272009-06-13GlobalAll divisionsUSD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
12-week (Q2 2009) subset of the 24-week program total; primarily termination costs for approximately 40 employees.
2009-06-13restructuringcompleted4102008-10-012010-12-31GlobalAll divisionsUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 'Productivity for Growth' program initiated in Q4 2008. Includes closure of six plants. Initiatives completed in Q2 2009; substantially all cash payments expected by 2010.
2009-06-13restructuringin_progress402008-10-012010-12-31GlobalAll DivisionsUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2009 activity under Productivity for Growth program. Terminations approx. 40 employees. Total charges $11M ($3M severance, $8M other). Substantially all cash payments expected by 2010.
2009-06-13restructuringin_progress4102008-10-012010-12-31GlobalAll DivisionsUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2009 activity under Productivity for Growth program. Terminations approx. 410 employees. Total charges $36M ($17M severance, $19M other). Substantially all cash payments expected by 2010.
2009-03-21restructuringin_progress3702009-06-30All divisionsUSD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Productivity for Growth program charge of $25 million ($19 million after-tax, $0.01 per share) recorded in SG&A; severance and other employee costs of $14 million primarily reflect termination costs for approximately 370 employees; includes closure of six plants; substantially all cash payments expected by 2010; initiatives expected to be completed in Q2 2009.
2009-03-21restructuringin_progress2009-06-30FLNAUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All $2 million in other costs; no severance and other employee costs disclosed for FLNA.
2009-03-21restructuringin_progress2009-06-30QFNAUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All $1 million in other costs; no severance and other employee costs disclosed for QFNA.
2009-03-21restructuringin_progress2009-06-30LAFUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All $3 million in severance and other employee costs.
2009-03-21restructuringin_progress2009-06-30PABUSD 13 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
$5 million severance and other employee costs plus $8 million other costs.
2009-03-21restructuringin_progress2009-06-30EuropeUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All $3 million in severance and other employee costs.
2009-03-21restructuringin_progress2009-06-30AMEAUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
All $3 million in severance and other employee costs.
2009-03-21restructuringin_progress3702009-06-30GlobalAll divisions (FLNA, QFNA, LAF, PAB, Europe, AMEA)USD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Productivity for Growth program; charge comprises $14M severance/employee costs and $11M other costs; severance relates to termination costs for approximately 370 employees; program includes closure of six plants; MD&A states initiatives expected to be completed in Q2 2009; $124M cash payments made in the quarter; announcement date not stated (program previously initiated)
2009-03-21restructuringin_progress3702010-12-31GlobalAll divisionsUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 'Productivity for Growth' program. Charge includes severance and other employee costs. Substantially all cash payments expected by 2010.
2009-03-21restructuringin_progress3702010-12-31GlobalAll divisionsUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Productivity for Growth program; termination costs for approx. 370 employees. Substantially all cash payments expected by 2010.
2008-12-27restructuringin_progress3,50020082009-12-31GlobalAll divisions (FLNA, QFNA, LAF, PAB, UKEU, MEAA, Corporate)USD 543 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
FY2008 Productivity for Growth program: $212M severance and other employee costs covering approximately 3,500 terminated employees, $149M asset impairments (six plant closures and beverage product portfolio changes), and $182M other costs. Charges recorded in fiscal Q4 2008. An additional pre-tax charge of $30M-$60M expected in 2009; substantially all related cash payments expected by end of 2009 ($159M paid in 2008).
2008-12-27acquisition_additioncompleted2008RussiaUKEU (juice/beverages)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Jointly acquired with PBG for a total purchase price of $1.8 billion; Lebedyansky owned 75% by PepsiCo and 25% by PBG. Employee headcount added was not disclosed.
2008-12-27acquisition_additioncompleted2008SerbiaSnacksMD&A
f5-10k / GLM-5.3-flash-HTML
Acquisition of Marbo, a snacks company in Serbia, completed during 2008; identified as a significant acquisition in investing activities. Employee headcount added was not disclosed.
2008-12-27restructuringin_progress3,5002009-12-31WorldwideAll divisions (FLNA, QFNA, LAF, PAB, UKEU, MEAA, Corporate)USD 543 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2008 Productivity for Growth program charge; severance primarily for about 3,500 terminated employees. Additional pre-tax charge of $30-60 million expected in 2009; substantially all cash payments expected by end of 2009.
2008-12-27plant_closurein_progress2009-12-31WorldwideAll divisionsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Asset impairments within the $543 million FY2008 charge relate to closure of 6 plants plus beverage product portfolio changes; headcount attributed to the closures not separately disclosed.
2008-12-27acquisition_additioncompletedRussiaJuice beverages (UKEU)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Joint acquisition with PBG of Lebedyansky, Russia's leading juice company; total purchase price $1.8 billion, 75% owned by PepsiCo. Headcount added not disclosed.
2008-12-27acquisition_additioncompletedSerbiaSnacks (UKEU)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Marbo, a snacks company in Serbia, during 2008; headcount added not disclosed.
2008-12-27acquisition_additioncompletedUnited KingdomBeverages (UKEU)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of V Water in the United Kingdom during 2008; headcount added not disclosed.
2008-12-27restructuringcompleted3,5002008-12-272009-12-31GlobalAll DivisionsUSD 543 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Productivity for Growth program. Charge incurred in 2008. Substantially all cash payments expected to be paid by end of 2009.
2008-12-27restructuringin_progress3,5002008-12-272009-12-31GlobalAll divisionsUSD 543 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Productivity for Growth program. Severance and other employee costs primarily reflect termination costs for approximately 3,500 employees. Substantially all cash payments expected to be paid by the end of 2009.
2008-09-06restructuringannounced3,3002008-10-142009-03-31GlobalAll segmentsUSD 575 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Pre-tax charge expected of approximately $550-600 million in Q4 2008: ~$275M severance and employee-related costs, ~$200M asset impairments (substantially non-cash) from plant closures, ~$100M other costs; ~$325-375M expected in cash. About 40% of the ~3,300 eliminated positions relate to closing up to six plants and capacity rationalization actions to be announced by year-end. Program expected to complete in Q1 2009.
2008-09-06restructuringannounced3,3002008-10-142009-03-31GlobalAll segmentsUSD 550 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge disclosed as a range of approximately $550 million to $600 million (value field records the low end; not calculated). About 40% of the ~3,300 positions relate to closing up to six plants and other capacity rationalization, to be announced by end of 2008. Charge comprises ~$275M severance and employee-related costs, ~$200M asset impairments (substantially all non-cash), ~$100M other costs; $325M to $375M expected as cash outlays in Q4 2008 into 2009. Program announced after quarter close (2008-10-14) and expected to complete in Q1 2009.
2008-09-06restructuringannounced3,3002008-10-142009-03-31GlobalAll segmentsUSD 575 (millions)subsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Announced Oct 14, 2008. Includes approx 40% plant closures/capacity rationalization. Charge range $550M-$600M ($275M severance, $200M asset impairments, $100M other). Completion expected Q1 2009.
2008-09-06restructuringannounced3,3002008-10-142009-03-31GlobalAll segmentsUSD 575 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced Oct 14, 2008. Includes ~40% plant closures/capacity rationalization. Charge of $550M-$600M expected in Q4 2008, comprising ~$275M severance, ~$200M asset impairments, ~$100M other costs.
2007-12-29restructuringin_progress1,10020072008-12-31North America and internationalFLNA, PBNA and PIUSD 102 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Program involved plant closures and production line rationalization across FLNA, PBNA and PI, recorded in Q4 FY2007. Charge split by division: FLNA $28M, PBNA $11M, PI $63M; components were $57M asset impairments, $33M severance/employee costs, $12M other. Employee count (~1,100 terminations) disclosed only on a consolidated basis. Substantially all cash payments expected by end of 2008. Related to Q4 strategic realignment of the organizational structure. Prior-year 2006 ($67M, ~380 employees) and 2005 ($83M, ~700 employees) charges excluded as comparative prior-year activity.
2007-12-29restructuringin_progress1,1002008-12-31United States; InternationalFLNA, PBNA and PIUSD 102 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2007 charge of $102M ($70M after-tax, $0.04/share) for closing certain plants and rationalizing production lines across FLNA, PBNA and PI; comprised $57M asset impairments, $33M severance and other employee costs, $12M other. Employee-related costs primarily reflect termination costs for approximately 1,100 employees. Substantially all cash payments expected to be paid by end of 2008. Filer does not disclose employee counts by division.
2007-12-29acquisition_additioncompletedUnited States; Latin America; Europe; New ZealandPBNA, FLNA, PIUSD 1,320 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2007 acquisitions of $1.3B cash paid and debt issued, including remaining interest in a Latin American snacks JV, Naked Juice Company, Bluebird Foods (New Zealand) and a minority interest in a Ukraine juice company. Headcount added through these acquisitions is not disclosed.
2007-12-29restructuringcompleted1,1002007-12-292008-12-31GlobalFLNA, PBNA, PIUSD 102 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charge of $102 million incurred in conjunction with restructuring actions primarily to close certain plants and rationalize other production lines. Employee-related costs reflect termination costs for approximately 1,100 employees. Substantially all cash payments expected to be paid by end of 2008.
2007-12-29restructuringcompleted1,1002007-12-292008-12-31GlobalFLNA, PBNA, PIUSD 102 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charge of $102 million ($70 million after-tax) for plant closures and production line rationalization. Employee-related costs reflect termination costs for approximately 1,100 employees. Substantially all cash payments expected by end of 2008.
2006-12-30plant_closurein_progress38020062007-12-31United StatesFrito-Lay North AmericaUSD 67 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Consolidation of FLNA manufacturing network: two U.S. plant closures plus rationalization of other assets. Charge composed of $43M asset impairments, $14M severance and employee costs, $10M other. Charge recorded in Q4 fiscal 2006; all cash payments expected to be completed by end of 2007. ~380 employees per termination-cost disclosure.
2006-12-30plant_closurein_progress3802007-12-31United StatesFrito-Lay North AmericaUSD 67 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2006 charge of $67M ($43M after-tax) for consolidating FLNA's manufacturing network by closing two U.S. plants and rationalizing assets; includes $43M asset impairments, $14M severance for approximately 380 terminated employees, and $10M other costs. All cash payments expected by end of 2007.
2006-12-30acquisition_additioncompletedEurope; AustraliaPepsiCo InternationalMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two European snack business acquisitions and one Australian business acquisition completed during 2006; no headcount added disclosed.
2006-12-30acquisition_additioncompleted2007-03-31United StatesPepsiCo Beverages North AmericaMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Naked Juice Company acquisition completed in the first quarter of 2007 (after fiscal year-end, before filing); funded with existing domestic cash; no headcount disclosed.
2006-12-30restructuringcompleted3802006-12-302007-12-31United StatesFrito-Lay North AmericaUSD 67 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidating manufacturing network by closing two plants. Charge includes $14M severance for approx 380 employees.
2006-12-30restructuringcompleted3802006-12-302007-12-31United StatesFrito-Lay North AmericaUSD 67 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Consolidating manufacturing network at FLNA by closing two plants in the U.S. and rationalizing other assets. Charge of $67 million included $14 million severance for approx. 380 employees. Cash payments expected by end of 2007.
2006-12-30restructuringcompleted7002005-12-312005-12-31GlobalCorporate, FLNA, PBNA, PIUSD 83 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2005 restructuring charges to reduce costs principally through headcount reductions. Most of charge related to termination of approx. 700 employees. As of Dec 30, 2006, all terminations had occurred.
2005-12-31restructuringcompleted7002005FLNA, PBNA, PI, Corporate (corporate unallocated expenses)USD 83 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth quarter of fiscal 2005; costs reduced principally through headcount reductions, mostly termination of approximately 700 employees. Charge allocated by segment: $34M FLNA, $21M PBNA, $16M PI, $12M Corporate. Substantial portion of cash payments expected in 2006; after-tax charge $55 million ($0.03 per share). Not disaggregated into per-segment records because employees affected were disclosed only at the consolidated program level.
2005-12-31restructuringcompleted700WorldwideConsolidated (charge split: FLNA $34M, PBNA $21M, PI $16M, Corporate $12M)USD 83 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth quarter 2005 charge to reduce operating costs, principally via headcount reductions; most of the charge related to terminating approximately 700 employees. Substantial portion of cash payments expected in 2006. Employee count is not broken out by segment; only the charge is.
2005-12-31acquisition_additioncompletedEuropePepsiCo International (Snack Ventures Europe)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of General Mills' 40.5% minority interest in Snack Ventures Europe for $750 million completed in the first quarter of 2005; headcount added not disclosed.
2005-12-31acquisition_additioncompletedUnited StatesFrito-Lay North America (Stacy's Pita Chip Company)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent-event acquisition completed in the first quarter of 2006, funded with existing domestic cash; headcount added not disclosed.
2005-12-31restructuringcompleted7002005-12-312006-12-31GlobalOperationsUSD 83 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 2005 charges to reduce costs in operations, principally through headcount reductions. Most of the charge related to termination of approximately 700 employees. Substantial portion of cash payments expected in 2006.
2005-12-31restructuringcompleted7002005-10-012006-12-31WorldwideOperationsUSD 83 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter 2005 charge of $83 million to reduce costs principally through headcount reductions. Most of the charge related to termination of approximately 700 employees. Substantial portion of cash payments expected in 2006.
2005-09-03acquisition_additioncompletedEuropePepsiCo International (snacks)USD 750 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
First-quarter 2005 purchase of General Mills' 40.5% minority interest in Snack Ventures Europe for $750 million, consolidating the joint venture; no headcount added disclosed. Excess of purchase price over fair value of net assets acquired was $534 million, held in Other Assets pending final purchase accounting in Q4 2005.
2005-03-19restructuringin_progress2004-12-25North AmericaFLNA manufacturing networkUSD 150 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q4 2004 charge of $150 million ($96 million after-tax, $0.06 per share) for consolidation of FLNA's manufacturing network under its productivity program; $9 million remained payable as of March 19, 2005, included in other current liabilities. No employee count disclosed.
2005-03-19restructuringin_progress2004-10-01North AmericaFrito-Lay North AmericaUSD 150 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charge incurred in Q4 2004 for consolidation of FLNA manufacturing network. As of March 19, 2005, $9 million remains payable.
2004-12-25restructuringcompleted70020042006-06United StatesFrito-Lay North America — manufacturing networkUSD 150 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth-quarter 2004 charge for FLNA manufacturing consolidation under its productivity program. Includes $93M asset impairment from closure of four U.S. plants and $29M employee-related costs covering termination of about 700 employees. Terminations substantially occurred by fiscal year-end; $27M paid and $22M accrual remaining, payable through mid-2006. Pre-2004 program activity (e.g., 2003 charge affecting ~850 employees) excluded as prior-year.
2004-12-25restructuringcompleted7002006-06-30United StatesFrito-Lay North AmericaUSD 150 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth quarter 2004 charge for consolidating FLNA's manufacturing network, including closure of four U.S. plants; $93M asset impairment plus $57M of employee, contract termination and other exit costs. Substantially all terminations occurred by year-end; $22M accrual remaining with payments expected through mid-2006. Charge equals $96M after-tax ($0.06 per share).
2004-12-25restructuringcompleted7002004-10-012006-06-30United StatesFrito-Lay North AmericaUSD 150 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of FLNA manufacturing network. Charge includes $93M asset impairment and $57M exit costs (including $29M employee-related). Substantially all terminations occurred by year-end. Payments expected through mid-2006.
2004-12-25restructuringcompleted8502003-10-012004-12-25North America and InternationalNorth American Divisions and PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Streamlining of North American divisions and PepsiCo International. Charge incurred in Q4 2003. As of Dec 25, 2004, all terminations have occurred and substantially no accrual remains.
2004-12-25restructuringcompleted7002004-10-012006-06-30United StatesFrito-Lay North AmericaUSD 150 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of FLNA manufacturing network. Charge includes $93M asset impairment and $57M exit costs (including $29M employee-related). Substantially all terminations occurred by year-end; payments expected through mid-2006.
2004-09-04plant_closureannounced7802004-09-302004-10-31North AmericaFrito-Lay North AmericaUSD 160 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Plants to be reduced from 43 to 39; approximately 780 jobs eliminated and 250 jobs added for relocated production. Charge comprises ~$105M asset impairments, ~$30M severance and other employee costs, ~$25M other costs; employee and other cost portions to be paid in cash in Q4 2004 and into 2005.
2004-09-04restructuringcompleted2003-12-27North America and InternationalNorth American divisions and PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q4 2003 charge of $147M ($100M after-tax, $0.06 per share) to streamline operations; all terminations completed as of September 4, 2004, with $11M of costs remaining payable in other current liabilities.
2004-09-04plant_closureannounced7802004-09-302004-10United StatesFrito-Lay North AmericaUSD 160 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement to reduce FLNA plants from 43 to 39, moving production to other plants. Approximately 780 jobs eliminated and 250 jobs added for relocated production. Pre-tax charge of about $160 million: ~$105M asset impairments, ~$30M severance and other employee costs, ~$25M other costs. Closures expected in October 2004; employee and other cost portions paid in cash in Q4 2004 and into 2005. Charges to be reported separately.
2004-09-04plant_closureannounced7802004-09-302004-10-31North AmericaFrito-Lay North AmericaUSD 160 (millions)subsequent_events
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of manufacturing network reducing plants from 43 to 39. Approximately 780 jobs eliminated and 250 jobs added for relocated production. Pre-tax charge of $160 million includes $105 million asset impairments, $30 million severance/employee costs, and $25 million other costs.
2004-09-04restructuringannounced7802004-09-302004-10-31North AmericaFrito-Lay North AmericaUSD 160 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Consolidation of FLNA manufacturing network; 43 plants reduced to 39. Charge includes $105M asset impairments, $30M severance, and $25M other costs. 250 jobs added for relocated production.
2004-06-12restructuringcompleted2003-12-27North America and InternationalNorth American divisions and PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q4 2003 charge of $147 million ($100 million after-tax, $0.06 per share) to streamline North American divisions and PepsiCo International; remaining terminations have occurred as of June 12, 2004, with $18 million of costs remaining payable and included in other current liabilities.
2004-06-12restructuringcompletedNorth America; PepsiCo InternationalNorth American divisions and PepsiCo InternationalUSD 147 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program announced in Q4 2003 ($147M charge, $100M after-tax, $0.06/share); filing states remaining terminations have occurred as of 2004-06-12, with $18M of costs still payable. No employee count disclosed; exact announcement date not given.
2004-06-12restructuringcompleted2003-10-01North America and InternationalFrito-Lay North America, PepsiCo Beverages North America, PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charge incurred in Q4 2003 to streamline divisions. Remaining terminations have occurred. $18 million payable as of June 12, 2004.
2004-03-20restructuringin_progressNorth America and PepsiCo InternationalNorth American divisions and PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q4 2003 charge of $147 million ($100 million after-tax, $0.06 per share) to streamline North American divisions and PepsiCo International; majority of remaining terminations occurred in Q1 2004; $36 million of costs remained payable as of 2004-03-20, included in other current liabilities. No employee counts disclosed.
2004-03-20restructuringin_progress2003-10-01North America; InternationalNorth American divisions and PepsiCo InternationalUSD 147 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge taken in Q4 2003 ($100M after-tax, $0.06/share) to streamline North American divisions and PepsiCo International; most terminations occurred in Q1 2004, with $36M of costs still payable at quarter-end. No employee count disclosed.
2004-03-20restructuringin_progress2003-10-01North America and InternationalCorporate and DivisionsUSD 147 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charge incurred in Q4 2003 to streamline North American divisions and PepsiCo International. Majority of terminations occurred in Q1 2004. $36 million remains payable.
2003-12-27plant_closurein_progressUnited States (Kentucky; Maryland; Arkansas)Frito-Lay North America (FLNA) — snack supply chainUSD 57 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
$57 million impairment for closure of a Kentucky snack plant plus retirement of snack manufacturing lines in Maryland and Arkansas; component of the $147 million Q4 2003 streamlining program.
2003-12-27plant_closurein_progressUnited States (Florida)PepsiCo Beverages North America (PBNA)USD 24 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
$24 million impairment for closure of a PBNA office building in Florida; component of the $147 million Q4 2003 streamlining program.
2003-12-27restructuringin_progress850North American divisions (PBNA, FLNA) and PepsiCo International; sales, distribution, manufacturing, research and marketing employeesUSD 54 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Q4 2003 program to streamline North American divisions and PepsiCo International. Termination costs for approximately 850 employees; ~140 terminations occurred through Dec 27, 2003, with most remaining terminations expected in Q1 2004. $9 million paid, $57 million accrual remaining at year-end. Program balance of $66 million also included $12 million of facility and other exit costs.
2003-12-27restructuringin_progressQuaker Oats merger integrationUSD 10 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Multi-year integration program following the August 2, 2001 Quaker merger. Fiscal 2003 employee-related costs of $10 million within $59 million total 2003 merger-related costs; employee-related reserve of $22 million remained at year-end 2003. Headcount affected in 2003 not disclosed.
2003-12-27divestiture_reductioncompletedQuaker Foods North America — Mission pasta businessother
f5-10k / GLM-5.3-flash-HTML
Mission pasta business sold during fiscal 2003; headcount impact of the divestiture was not disclosed.
2003-12-27restructuringin_progress8502003-10-012004-03-31United States and international (PepsiCo International)PBNA, PI and FLNA — sales, distribution, manufacturing, research and marketingUSD 147 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Q4 2003 charge of $147M ($100M after-tax): $81M impairment (Kentucky snack plant closure, Maryland/Arkansas line retirements, Florida PBNA office closure) plus $66M employee-related ($54M) and facility/exit ($12M) costs. Approximately 850 terminations planned; about 140 had occurred by 2003-12-27, with the majority expected in Q1 2004. $9M paid through year-end, $57M accrual remaining. Announcement date is approximate — filing states the charge was incurred in Q4 2003 without a specific date.
2003-12-27divestiture_reductioncompletedNorth AmericaQuaker Foods North America — Mission pasta businessMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of the QFNA Mission pasta business during 2003; associated headcount not disclosed. Prior-year divestitures (bagged cereal, Colombia/Venezuela food businesses in 2002) excluded as they fall outside the current fiscal year.
2003-12-27restructuringin_progress8502003-10-012004-03-31North America and InternationalSales, Distribution, Manufacturing, Research and MarketingUSD 147 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charge incurred in Q4 2003 to streamline North American divisions and PepsiCo International. Includes 850 terminations; approx 140 occurred by year-end, majority expected in Q1 2004. Total charge $147M ($81M impairment, $66M employee/facility costs).
2003-12-27restructuringin_progress8502003-10-012004-03-31North America and InternationalSales, distribution, manufacturing, research and marketingUSD 147 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter 2003 charge of $147 million to streamline North American divisions and PepsiCo International. Includes termination costs for approximately 850 employees. As of Dec 27, 2003, 140 terminations occurred; majority expected in Q1 2004.
2003-09-06restructuringin_progressQuaker Oats Company merger integrationUSD 31 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Employee-related and information systems integration costs of $31 million recognized for the 36 weeks ended 2003-09-06 ($25 million after-tax, $0.01 per share); $9 million ($6 million after-tax) in the 12-week quarter. Reserve roll-forward shows an employee-related reserve of $27 million and total reserves of $45 million at 2003-09-06, with $81 million cash payments during the period. No number of employees affected, announcement date, or completion date is disclosed.
2003-09-06restructuringin_progressGlobalCorporate / IntegrationUSD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Recognized employee-related and information systems integration costs of $31 million for the 36 weeks ended September 6, 2003. Cash payments for merger-related and other restructuring charges were $81 million. No specific headcount reduction numbers disclosed.
2003-09-06restructuringin_progressUSD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Recognized employee-related and information systems integration costs of $31 million for the 36 weeks ended September 6, 2003. Employee-related costs included $8 million in new charges and $26 million in cash payments from reserves.
2003-06-14restructuringin_progressUnited StatesEnterprise (Quaker merger integration)USD 22 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Quaker merger integration: 2003 costs of $22M ($19M after-tax, $0.01/sh for 24 weeks); reserves of $50M at 6/14/03 split integration $13M, employee-related $33M, facility/exit $4M. No employee counts disclosed.
2003-06-14divestiture_reductioncompletedUnited StatesQuaker Foods North America (Mission pasta business)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Mission pasta business sold during first quarter of 2003; net gain $25M ($16M after-tax, $0.01/sh). Headcount impact not disclosed.
2003-06-14restructuringin_progressUSD 22 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Costs associated with merger with Quaker Oats Company, including employee-related and information systems integration costs. No specific headcount reduction disclosed.
2003-06-14restructuringin_progressUSD 22 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger-related integration and restructuring costs recognized for the 24 weeks ended June 14, 2003. Includes employee-related and information systems integration costs associated with the Quaker merger. Employee headcount affected is not disclosed.
2003-03-22restructuringin_progressQuaker integration (employee-related and information systems)USD 11 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quaker merger integration costs of $11 million pre-tax ($10 million after-tax) recognized in the quarter; $48 million of integration and restructuring costs paid in cash during the quarter; total reserves declined from $97 million at 2002-12-28 to $60 million at 2003-03-22. No employee headcount figures disclosed.
2003-03-22divestiture_reductioncompletedNorth AmericaQuaker Foods North America - Mission pasta businessUSD 25 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Mission pasta business sold during the quarter, generating a net gain of $25 million ($16 million after-tax, $0.01 per share); goodwill of $12 million removed. No headcount impact disclosed.
2003-03-22restructuringin_progressUnited StatesQuaker Oats Company merger integrationUSD 11 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Employee-related and information systems integration costs for the quarter; $60M in integration, employee-related, and facility exit reserves remained at quarter end, with $48M cash payments during the quarter. No employee headcount affected was disclosed.
2003-03-22restructuringin_progressGlobalQuaker IntegrationUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Incurred $11 million in employee-related and information systems integration costs associated with the merger with The Quaker Oats Company. Cash payments for these costs were $48 million.
2003-03-22divestiture_reductioncompletedNorth AmericaQuaker Foods North AmericaMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sold Quaker Foods North America's Mission pasta business. Transaction resulted in a net gain of $25 million. Headcount impact not disclosed.
2003-03-22restructuringin_progressUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Employee-related and information systems integration costs associated with the merger with The Quaker Oats Company. Employee-related component of the charge was $2 million.
2003-03-22otherin_progressVenezuelaPepsiCo InternationalMD&A
f5-10q / Qwen3.6-27B-Q8_0
National strike in Venezuela caused double-digit declines in volume.
2002-12-28restructuringin_progress1,1002001-08-022003Corporate, sales, distribution, manufacturing, research, information technology and marketingUSD 53 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Terminations under Quaker merger integration and restructuring program; announcement date reflects merger completion date when integration began. A majority of the ~1,100 terminations had occurred by FY2002 year-end (headcount figure is program-to-date). Employee-related charges: $53M in 2002 and $106M in 2001 ($159M cumulative); employee-related reserve of $48M at 2002-12-28; roughly $50M of additional integration costs expected in 2003.
2002-12-28divestiture_reductioncompletedUnited States; Colombia; VenezuelaQuaker Foods North America (bagged cereal business); Frito-Lay International (food businesses)USD 5 (millions)other
f5-10k / GLM-5.3-flash-HTML
Businesses sold during 2002, generating a $5M net loss on sale; prior-year results reclassified as divested businesses. No affected employee headcount disclosed.
2002-12-28restructuringin_progress1,1002001-08-02United StatesCorporate, sales, distribution, manufacturing, research, information technology and marketingUSD 224 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Accrual recorded at fiscal year-end 2002 for termination of approximately 1,100 employees, a majority of which had already occurred; charge shown is total 2002 merger-related integration and restructuring costs (pre-tax). Additional integration costs of approximately $50 million expected in 2003; no completion date stated.
2002-12-28divestiture_reductioncompletedUnited States; Colombia; VenezuelaQuaker Foods North America (bagged cereal); Frito-Lay International food businessesUSD 5 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2002 PepsiCo sold its QFNA bagged cereal business and FLI food businesses in Colombia and Venezuela; a net loss of $5 million was recorded. No headcount associated with the divestitures is disclosed.
2002-12-28divestiture_reductioncompleted2002-12-31MexicoBottling (Pepsi-Gemex noncontrolled affiliate)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In December 2002 PBG acquired Pepsi-Gemex, in which PepsiCo held a 34% interest; PepsiCo received the cash tender price net of a $17 million payment, resulting in an after-tax loss of approximately $8 million. Pepsi-Gemex was a noncontrolled affiliate, so no consolidated headcount impact is quantified.
2002-12-28restructuringcompleted1,100GlobalCorporate, Sales, Distribution, Manufacturing, Research, IT, MarketingUSD 224 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Termination of approximately 1,100 employees associated with Quaker merger integration. Costs include retirement benefits and severance. Majority of terminations occurred by year-end.
2002-12-28restructuringin_progress1,1002001-01-012003-12-31GlobalCorporate, Sales, Distribution, Manufacturing, Research, IT, MarketingUSD 224 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Merger-related integration and restructuring costs. Accrual recorded for termination of approximately 1,100 employees, majority of which have occurred. Additional costs expected in 2003.
2002-09-07restructuringin_progress9252002-12-31Quaker merger integrationUSD 134 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Accrual recorded for termination of 925 employees in connection with Quaker merger; 840 terminations had occurred as of September 7, 2002, with most remaining terminations expected to be completed during 2002. The $134 million is the 36-week pre-tax merger-related cost (integration and restructuring combined); severance accrual of $38 million for employee and other exit costs remained in reserves at quarter-end.
2002-09-07restructuringin_progress9252001-08-012002-12-31United StatesCorporate (Quaker merger integration)USD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Accrual covers termination of 925 employees, of which 840 terminations had occurred as of 2002-09-07; most remaining terminations expected during 2002. Charge shown is the employee and related exit reserve balance at quarter end (opened 2002 at $51M, 2002 costs $22M). Total merger-related costs for the 36 weeks were $134M pre-tax, with full program integration and restructuring costs guided to $450M–$550M.
2002-09-07restructuringin_progress9252001-08-012002-12-31GlobalCorporate / IntegrationUSD 134 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Accrual recorded for termination of 925 employees; 840 terminations occurred as of Sept 7, 2002. Most remaining expected to complete in 2002. Part of Quaker merger integration.
2002-09-07restructuringin_progress9252002-12-31GlobalCorporate / IntegrationUSD 134 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Accrual recorded for costs associated with termination of 925 employees (840 occurred). Remaining terminations expected to be completed during 2002. Costs include retirement benefits, severance, and change-in-control provisions.
2002-06-15restructuringin_progress7852002-12-31CorporateUSD 101 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quaker merger integration and restructuring; accrual recorded for termination of 785 employees, of which 660 terminations had occurred as of 2002-06-15; remaining terminations expected to be completed during 2002. YTD charge of $101 million pre-tax ($81 million after-tax); $65 million in the 12-week quarter. Cumulative integration and restructuring costs since merger: $340 million; total expected $450-$550 million.
2002-06-15restructuringin_progress7852002-12-31GlobalCorporate (primarily); Quaker Oats merger integrationUSD 101 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Quaker merger integration/restructuring: accrual covers termination of 785 employees, 660 terminations already occurred as of 2002-06-15; remainder expected during 2002. Charge shown is total 2002 merger-related costs for the 24 weeks ($101M pre-tax; $81M after-tax, $0.05/share); reserve balance at quarter-end was $78M. Cumulative costs since merger $340M; total expected $450M–$550M. Announcement date not stated in filing (Quaker merger).
2002-06-15restructuringin_progress7852002-12-31GlobalCorporate / UnallocatedUSD 101 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Integration and restructuring costs related to Quaker merger. 660 terminations occurred as of June 15, 2002; remaining 125 expected to complete in 2002. Costs include employee termination, retirement benefits, severance, and asset impairment.
2002-06-15restructuringin_progress7852001-01-012002-12-31GlobalCorporateUSD 101 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Merger with Quaker Oats. Accrual recorded for termination of 785 employees, of which 660 have occurred. Remaining terminations expected to be completed during 2002. Costs include employee termination and asset impairment.
2002-03-23restructuringin_progress6752002-12-31Quaker merger integrationUSD 36 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Accrual recorded for termination of 675 employees in connection with Quaker merger; 470 terminations had occurred as of quarter-end, remainder expected to complete during 2002. Charge of $36 million pre-tax ($30 million after-tax, $0.02 per share); $27 million paid during the quarter. Cumulative integration and restructuring costs since merger: $275 million; total expected $450-550 million.
2002-03-23restructuringin_progress6752002-12-31United StatesEnterprise (Quaker Oats merger integration)USD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Accrual covers termination of 675 employees; 470 terminations had occurred as of 2002-03-23, remainder expected during 2002. Termination costs include retirement, severance, and change-in-control provisions. Q1 2002 charge of $36M ($30M after-tax, $0.02/share); $275M incurred since the Quaker merger, with total expected integration and restructuring costs of $450M–$550M. Reserve balance of $75M at quarter-end.
2002-03-23restructuringin_progress6752002-12-31GlobalCorporate / IntegrationUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Costs associated with merger with The Quaker Oats Company. Accrual recorded for termination of 675 employees; 470 terminations occurred as of March 23, 2002. Remaining terminations expected to be completed during 2002. Includes employee termination costs (retirement benefit and severance) and asset impairment costs.
2002-03-23restructuringin_progress6752002-12-31USD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Integration and restructuring costs related to Quaker merger. Accrual recorded for termination of 675 employees, of which 470 have occurred. Remaining terminations expected to be completed during 2002.
2001-12-29restructuringin_progress5802000-12-022002Corporate, sales, distribution, manufacturing, research and marketingUSD 239 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Quaker merger (agreement dated 2000-12-02) closed 2001-08-02. 2001 integration and restructuring costs of $239M comprised ~$106M employee-related, ~$124M facility exit and ~$9M other; total merger-related costs were $356M including $117M transaction costs, and total program charges were guided to $450M-$550M. Roughly 380 of the approximately 580 terminations were completed by fiscal year-end, with the remainder expected during 2002.
2001-12-29restructuringcompleted1999North AmericaQuaker Foods North America and other Quaker North American businesses — manufacturing and distributionUSD 31 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Three-year supply chain reconfiguration project announced in 1999. FY2001 charge of $31M comprised $19M asset impairment (property, plant and equipment) and $12M restructuring, with the 2001 restructuring component facility-closure related per the reserve roll-forward. Project-wide restructuring charges across 2000-2001 covered severance for approximately 1,000 employees; a fiscal-2001-specific headcount figure is not separately disclosed. No future charges are expected on this project.
2001-12-29restructuringin_progress5802000-12-022002-12-31United StatesCorporate, sales, distribution, manufacturing, research and marketingUSD 239 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Integration and restructuring costs of $239M within $356M total merger-related costs (transaction costs $117M); charge also includes consulting, accelerated vesting, and IT integration. Approximately 380 of the 580 terminations had occurred by 2001-12-29; balance expected during 2002. Additional merger-related actions expected to bring total integration and restructuring to $450M–$550M.
2001-12-29restructuringin_progress1,0001999-01-012001-12-29North AmericaQuaker supply chain reconfiguration across North American businessesUSD 31 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Three-year supply chain reconfiguration announced in 1999. Employee count of approximately 1,000 covers 2001 and 2000 charges combined and is not separable by year; 2001 employee-related restructuring costs were $0. 2001 charge of $31M comprises $19M asset impairment and $12M other restructuring charges. Filer states no future charges are expected on this project.
2001-12-29acquisition_additioncompleted2000-12-022001-08-02United StatesQuaker Foods North Americabusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Merger completed 2001-08-02; approximately 306 million PepsiCo shares issued. Quaker headcount added through the merger is not disclosed.
2001-12-29acquisition_additioncompleted2001-01-052001-01-05United StatesPepsi-Cola North Americabusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired for approximately $337 million in cash; PepsiCo owns 93% interest. Headcount added is not disclosed.
2001-12-29restructuringin_progress5802001-08-022002-12-31GlobalCorporate, Sales, Distribution, Manufacturing, Research and MarketingUSD 239 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Approximately 380 terminations occurred by Dec 29, 2001. Remaining expected to complete in 2002. Part of total merger-related costs of $356 million.
2001-12-29restructuringcompleted1,0001999-01-012001-12-29North AmericaQuaker Manufacturing and DistributionUSD 12 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2001 charges of $12 million relate to supply chain reconfiguration project announced in 1999. No future charges expected.
2001-12-29restructuringin_progress5802001-08-022002-12-31WorldwideCorporate, Sales, Distribution, Manufacturing, Research and MarketingUSD 239 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Merger-related restructuring charges primarily reflect termination costs for approximately 580 employees. As of Dec 29, 2001, approx 380 terminations occurred; expected to complete in 2002.
2001-12-29restructuringcompleted1,0001999-01-012001-12-29North AmericaQuaker Supply ChainUSD 12 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Three-year supply chain reconfiguration project announced in 1999. 2001 charges of $12M relate to this project. Restructuring charges primarily included severance for approx 1,000 employees. No future charges expected.
2001-09-08restructuringin_progress2502001-08-022002-12-31Corporate, sales, distribution, research and marketingUSD 118 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Merger-related integration and restructuring costs of $118 million include $56 million of employee-related restructuring charges for termination costs (retirement benefits, severance, change-in-control provisions) for approximately 250 employees; approximately 40 terminations had occurred as of September 8, 2001, with the remainder expected to be completed during 2002. Total integration costs and restructuring charges over the next two years expected at $450-$550 million.
2001-09-08restructuringin_progress2502001-08-022002-12-31Corporate, sales, distribution, research and marketingUSD 118 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Termination costs for about 250 employees tied to the Quaker merger; roughly 40 terminations had occurred by 2001-09-08 and the remainder was expected to complete during 2002. Total Q3 merger-related costs were $235M ($117M transaction plus $118M integration/restructuring), $231M after tax, or $0.13 per share. Management expected total integration and restructuring costs of $450M to $550M.
2001-09-08plant_closurein_progressUnited StatesQuaker Foods North America — manufacturing and distributionUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of a three-year supply chain reconfiguration project announced in 1999; closure plans adopted in 2000 for two cereal manufacturing facilities and two distribution centers. 2001 charges of $21M comprise $10M asset impairment and $11M restructuring ($2M employee-related, $9M facility closure). Employees affected not disclosed; announcement date not specified beyond the year.
2001-09-08acquisition_additioncompleted2000-12-022001-08-02All segments (pooling-of-interests combination)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Quaker Oats became a wholly-owned subsidiary on 2001-08-02; approximately 306 million PepsiCo shares issued at 2.3 shares per Quaker share. Headcount added through the merger is not disclosed in this filing.
2001-09-08restructuringin_progress2502001-08-022002-12-31GlobalCorporate, Sales, Distribution, Research and MarketingUSD 56 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Termination costs for approximately 250 employees related to Quaker merger integration. As of Sept 8, 2001, approx 40 terminations occurred. Expected completion in 2002.
2001-09-08plant_closurecompleted2000-01-01United StatesQuaker FoodsUSD 123 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of two cereal manufacturing facilities and two distribution centers in 2000. Asset impairment charges of $123 million recognized. Employee count not specified in this filing.
2001-09-08restructuringin_progress2502001-08-022002-12-31GlobalCorporate, Sales, Distribution, Research and MarketingUSD 118 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Termination costs for approximately 250 employees related to the Quaker merger. As of Sept 8, 2001, approx 40 terminations occurred. Terminations expected to be completed during 2002.
2001-09-08restructuringin_progress1999-01-01United StatesQuaker Foods North AmericaUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Supply chain reconfiguration project announced in 1999. Includes closure of two cereal manufacturing facilities and two distribution centers. Employee headcount affected not explicitly quantified in current period footnote, but charges incurred.
2000-12-30acquisition_additioncompleted2001-01-05Primarily United StatesNon-carbonated alternative beverages (fruit blends, energy drinks, teas, dairy-based drinks)USD 337 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Cash acquisition completed January 5, 2001; PepsiCo retained 91% of newly formed South Beach Beverage Company, Inc. Value shown is purchase price, not a severance charge. Employee headcount acquired was not disclosed.
2000-12-30acquisition_additionannounced2000-12-04GlobalFoods and beverages (Gatorade sports drinks, cereals, grain-based snacks, pasta, rice products)USD 100 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
Merger agreement dated 2000-12-02; announced within fiscal 2000. Stock-for-stock exchange of 2.3 PepsiCo shares per Quaker share (~315 million shares to be issued). Charge shown is expected transaction costs, not severance. Filer expects to sell 15-20 million repurchased shares and anticipates additional integration costs post-close. Expected to close in first half of 2001; expected headcount addition not disclosed.
2000-12-30acquisition_additionannounced2000-12-042001-06-30United StatesBeveragesUSD 100 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Merger agreement with The Quaker Oats Company announced December 4, 2000; expected to close in first half of 2001 with approximately $100 million of transaction costs. Quaker headcount not disclosed.
2000-12-30acquisition_additioncompleted2001-01-052001-01-05United StatesBeveragesUSD 337 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of South Beach Beverage Company completed January 5, 2001 for approximately $337 million cash, retaining a 91% interest; acquired headcount not disclosed.
2000-12-30restructuringcompleted860Frito-Lay North AmericaFrito-Lay North AmericaUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
1999 restructuring charges of $28 million primarily included severance costs for approximately 860 employees and plant closing costs. Substantially all terminations occurred during 1999.
2000-12-30restructuringcompleted2,700Bottling Operations / RussiaBottling OperationsUSD 24 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
1998 employee related costs of $24 million primarily included severance and relocation costs for approximately 2,700 mostly part-time employees. Terminations either occurred or related to bottling operations that became part of PBG in 1999.
2000-12-30restructuringcompleted8601999-01-011999-12-31Frito-Lay North AmericaFrito-Lay North AmericaUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
1999 restructuring charges of $28 million primarily included severance costs for approximately 860 employees and plant closing costs. Substantially all terminations occurred during 1999.
1999-12-25restructuringcompleted86019981999-12-25United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Closure of three plants and impairment of equipment, the second phase of a productivity plan developed in Q4 1998; $65 million pre-tax charge recognized in Q1 fiscal 1999 ($37 million asset impairment and $28 million restructuring, including severance for approximately 860 employees). Plant closures completed during 1999 and substantially all terminations occurred that year; roughly $15 million of annual savings expected beginning 2000. Prior-phase charges (1997-1998) not extracted as current-year actions.
1999-12-25divestiture_reductioncompleted1999-04-061999-04-06United States, Canada, Spain, Greece and RussiaBottling operations — The Pepsi Bottling Group (PBG)other
f5-10k / GLM-5.3-flash-HTML
Wholly-owned bottling businesses deconsolidated via IPO of PBG; PepsiCo retained a ~35.5% direct interest (~40% economic including Bottling Group, LLC). No affected-employee count disclosed; $35 million of restructuring reserves transferred to PBG upon separation.
1999-12-25divestiture_reductioncompleted1999-05-201999-05-20Midwestern United States and Central EuropeBottling operations — new Whitman Corporationother
f5-10k / GLM-5.3-flash-HTML
PepsiCo bottling operations combined with Whitman Corporation; PepsiCo retained ~38% noncontrolling interest. No affected-employee count disclosed; transaction resulted in a $206 million after-tax loss.
1999-12-25divestiture_reductioncompleted1999-07-101999-07-10North Carolina and New York (United States)Bottling operations — Pepsi Bottling Venture LLCother
f5-10k / GLM-5.3-flash-HTML
Winston-Salem and Wilmington, North Carolina bottling operations contributed to a venture with PepCom Industries for a 35% interest; accounted for as a nonmonetary exchange, with a $25 million income tax expense on the taxable portion. No affected-employee count disclosed.
1999-12-25divestiture_reductioncompleted1999-10-151999-10-15Puerto Rico and southeastern/midwestern United StatesBottling operations — PepsiAmericas, Inc.other
f5-10k / GLM-5.3-flash-HTML
Interests in Delta Beverage and Pepsi-Cola Puerto Rico Bottling plus 2.2 million PepsiCo shares contributed to a venture with Pohlad Companies for a 33% interest (~24% of PepsiAmericas); structured as a fair value exchange with no gain or loss. No affected-employee count disclosed.
1999-12-25plant_closurecompleted8601998-12-311999-12-25United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Second phase of productivity improvement plan; closure of three plants and equipment impairment. $19M employee-related severance costs within $65M total charge. Plan developed Q4 1998; plant closures completed during 1999. Expected annual savings of ~$15M beginning 2000.
1999-12-25divestiture_reductioncompleted1999-04-061999-04-06United States, Canada, Spain, Greece, RussiaBottling operations (The Pepsi Bottling Group)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
PBG IPO deconsolidated bottling operations; workforce moved to equity-method affiliate. Restructuring reserve of $35M released due to PBG separation. Headcount impact not quantified.
1999-12-25divestiture_reductioncompleted1999-05-201999-05-20Midwestern United States, Central EuropeBottling operations (Whitman Corporation)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Combined bottling operations with Whitman Corporation; PepsiCo retained ~38% noncontrolling interest. After-tax loss of $206M. Headcount impact not quantified.
1999-12-25divestiture_reductioncompleted1999-07-101999-07-10North Carolina, New YorkBottling operations (PepCom Industries venture)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Formed venture with PepCom Industries; PepsiCo retained 35% noncontrolling interest. Income tax expense of $25M. Headcount impact not quantified.
1999-12-25divestiture_reductioncompleted1999-10-151999-10-15Puerto Rico, Southeastern and Midwestern United StatesBottling operations (Pohlad Companies venture / PepsiAmericas)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Formed venture with Pohlad Companies; PepsiCo retained ~24% interest in PepsiAmericas, Inc. Structured as fair value exchange with no gain or loss. Headcount impact not quantified.
1999-12-25restructuringcompleted8601998-10-011999-12-31United StatesFrito-Lay North AmericaUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of three plants and impairment of equipment. Restructuring charges of $28 million primarily included severance costs for approximately 860 employees and plant closing costs. Substantially all terminations occurred during 1999. Part of productivity improvement plan developed in Q4 1998.
1999-12-25restructuringcompleted1998-01-011998-12-31RussiaBottling OperationsUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Restructuring charges of $18 million related to Russian bottling operations due to economic turmoil. Included closing facilities, renegotiating contracts, and reducing employees. $212 million of the total $218 million charge related to bottling operations that became part of PBG in 1999.
1999-12-25restructuringcompleted1998-01-011998-12-31United StatesPepsi-Cola North AmericaUSD 10 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Employee related costs of $10 million resulting from separation of concentrate and bottling organizations. Part of the $16 million total charge for PCNA restructuring.
1999-12-25restructuringcompleted8601999-01-011999-12-31United StatesFrito-Lay North AmericaUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Closure of three plants and impairment of equipment. Restructuring charges primarily included severance costs for approximately 860 employees and plant closing costs. Substantially all terminations occurred during 1999.
1999-09-04restructuringin_progress8601999-01-011999-12-25United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
First-quarter 1999 charge covering closure of three plants, equipment impairment, severance for approximately 860 employees, and plant closing costs; part of a productivity program consolidating U.S. production into the most modern plants and streamlining logistics. Expected to generate about $15 million in annual savings beginning 2000. Approximately 505 terminations had occurred year-to-date; remaining terminations expected in Q4 1999. Charge comprises $37 million asset impairment and $28 million restructuring costs ($19 million employee-related, $9 million other); $40 million after-tax or $0.03 per share.
1999-09-04divestiture_reductioncompleted1999-04-06United States, Canada, Spain, Greece, RussiaThe Pepsi Bottling Group (PBG)other
f5-10q / GLM-5.3-flash-fp4-HTML
PBG IPO completed April 6, 1999; PepsiCo retained a 35.5% noncontrolling interest and deconsolidated the bottling operations, removing their employees from consolidated workforce. Pre-tax gain of $1.0 billion recognized.
1999-09-04divestiture_reductioncompleted1999-05-20Midwestern United States and Central EuropePepsiCo Bottling Operations (PBO) / new Whitmanother
f5-10q / GLM-5.3-flash-fp4-HTML
PBO combined with Whitman Corporation to create new Whitman on May 20, 1999; PepsiCo retained approximately 38% noncontrolling interest and deconsolidated the operations. After-tax loss of $206 million.
1999-09-04divestiture_reductioncompleted1999-07-10North Carolina and New York, United StatesPepCom Industries ventureUSD 25 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Business venture with PepCom Industries formed July 10, 1999; PepsiCo contributed Winston-Salem and Wilmington, NC bottling operations for a 35% noncontrolling interest, deconsolidating those operations. Taxable portion resulted in $25 million income tax expense.
1999-09-04restructuringin_progress8601999United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
First-quarter 1999 program: closure of three plants and equipment impairment, consolidating U.S. production and streamlining logistics. Severance for approximately 860 employees ($19M employee-related costs within the $28M restructuring charge; $65M total charge including $37M asset impairment, $40M after-tax, $0.03 per share). Approximately 505 terminations completed year-to-date; remainder expected in Q4 1999. Expected annual savings of approximately $15M beginning in 2000.
1999-09-04restructuringin_progress8601999-01-031999-12-31United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Includes severance costs for approximately 860 employees and plant closing costs related to the closure of three plants. Approximately 505 terminations occurred year-to-date; remaining expected in Q4 1999.
1999-09-04restructuringin_progress8601999-01-011999-12-31United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance costs for approx. 860 employees and plant closing costs. 505 terminations occurred year-to-date; remainder expected in Q4 1999. Part of a $65M total charge including asset impairment.
1999-06-12restructuringin_progress8601999-03-211999-12-25United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance costs for approximately 860 employees plus plant closing costs; about 160 terminations completed year-to-date, remainder expected in second half of 1999. Part of a $65 million total charge.
1999-06-12plant_closurein_progress1999-03-21United StatesFrito-Lay North AmericaUSD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Closure of three plants and impairment of equipment; $29 million for property held for disposal/abandonment and $8 million for property held and used. Consolidation of U.S. production to most efficient plants.
1999-06-12divestiture_reductioncompleted1999-04-061999-04-06United States, Canada, Spain, Greece, RussiaThe Pepsi Bottling Group (bottling operations)USD 1,000 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
PBG IPO of 100 million shares at $23; PepsiCo retained 35.5% noncontrolling interest. Pre-tax gain of $1.0 billion recognized on deconsolidation. No headcount figure disclosed.
1999-06-12divestiture_reductioncompleted1999-05-201999-05-20Midwestern United States and Central EuropePepsiCo Bottling Operations (bottling operations)USD 206 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
PBO combined with Whitman Corporation to create new Whitman; PepsiCo retained approximately 38% noncontrolling interest. After-tax loss of $206 million. No headcount figure disclosed.
1999-06-12divestiture_reductionannounced1999-07-101999-07-10North Carolina and New York, United StatesBottling operations (Winston-Salem and Wilmington, NC)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Joint venture with PepCom Industries formed July 10, 1999; PepsiCo contributed bottling operations in Winston-Salem and Wilmington, NC for approximately 35% noncontrolling interest. No headcount figure disclosed.
1999-06-12plant_closurein_progress8601999-01-011999-12-31United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charge covers closure of three plants and equipment impairment; $28M restructuring portion includes severance for ~860 employees. About 160 terminations completed year-to-date; remainder expected in H2 1999.
1999-06-12divestiture_reductioncompleted1998-01-011999-04-06United States, Canada, Spain, Greece, RussiaBottling operations (The Pepsi Bottling Group)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
PBG IPO completed 1999-04-06; PepsiCo retained 35.5% noncontrolling interest. Deconsolidation removed bottling headcount from PepsiCo's consolidated workforce; no employee count disclosed.
1999-06-12divestiture_reductioncompleted1998-01-011999-05-20Midwestern United States, Central EuropePepsiCo Bottling Operations combined with Whitman Corporationother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Completed 1999-05-20; PepsiCo retained ~38% interest. After-tax loss of $206M. No employee count disclosed.
1999-06-12restructuringin_progress8601999-01-031999-12-31North AmericaFrito-LayUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charge relates to closure of three plants and impairment of equipment. Restructuring charges include severance for approx. 860 employees and plant closing costs. Approx. 160 terminations occurred year-to-date; remainder expected in second half of 1999.
1999-06-12restructuringin_progress8601999-01-031999-12-31United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance costs for approx. 860 employees and plant closing costs. Approx. 160 terminations occurred year-to-date; remaining expected in second half of 1999. Part of a total $65M charge including $37M asset impairment.
1999-03-20restructuringin_progress8601999-03-201999-09-30United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Second phase of a productivity improvement plan approved in Q4 1998; includes closure of three plants, consolidation of U.S. production to newer plants, and streamlining logistics. Total charge of $65M comprises $37M asset impairment and $28M restructuring charges (severance for ~860 employees and plant closing costs). Plant closures expected complete by end of Q3 1999; terminations communicated in Q1, occurring in Q2 and Q3 1999. Expected ~$15M annual savings beginning 2000.
1999-03-20plant_closurein_progress8601999-09-30United StatesFrito-Lay North AmericaUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Second phase of a productivity plan approved and announced in Q1 1999 (announcement date not specified beyond the quarter). Involves closing three plants, consolidating U.S. production, and streamlining logistics. Charge of $65M pre-tax ($40M after-tax, $0.03 diluted EPS) comprises $37M asset impairment, $19M employee-related severance costs for approximately 860 employees, and $9M other charges. Severance-related terminations communicated in Q1 will occur in Q2 and Q3 1999; plant closures expected complete by end of Q3 1999. Expected annual savings of approximately $15M beginning in 2000.
1999-03-20restructuringin_progress8601999-03-201999-09-30United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Includes severance costs for approximately 860 employees and plant closing costs. Terminations expected in Q2 and Q3 1999. Part of productivity improvement plan involving closure of three plants.
1999-03-20restructuringin_progress8601999-03-201999-09-30United StatesFrito-Lay North AmericaUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance costs for approximately 860 employees and plant closing costs related to closure of three plants.
1998-12-26restructuringin_progress1999-06-30RussiaPepsi-Cola International - company-owned bottling operationsUSD 218 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth-quarter 1998 charge of $200M asset impairment plus $18M restructuring following the August 1998 ruble devaluation; response included facility closures, renegotiated manufacturing contracts and headcount reductions. $212M relates to operations moving to The Pepsi Bottling Group. Severance/relocation costs of $24M covered ~2,700 employees across Russia bottling and PCNA field locations combined; the split between the two actions is not disclosed.
1998-12-26restructuringin_progress1999-06-30United States and CanadaPepsi-Cola North America - separation of concentrate and bottling organizationsUSD 16 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth-quarter 1998 employee-related charge to separate PCNA concentrate and bottling organizations ahead of the planned PBG public offering; $10M of the charge relates to operations moving to PBG. Combined Russia+PCNA severance covered ~2,700 employees; individual split not disclosed. Terminations communicated in Q4 1998, occurring generally in H1 1999.
1998-12-26restructuringin_progressUnited StatesFrito-Lay North AmericaUSD 65 (millions)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Productivity program to consolidate U.S. production into the most modern/efficient plants and streamline logistics and transportation; approximately $65M of additional impairment and restructuring charges expected in Q1 1999. A related $54M Q4 1998 equipment impairment charge was already recorded (Note 3). No employee count disclosed for the program.
1998-12-26divestiture_reductionannounced1998-11-121999-06-30United States, Canada, Spain, Greece, RussiaPepsi-Cola - The Pepsi Bottling Group (company-owned bottling operations)subsequent_events
f5-10k / GLM-5.3-flash-HTML
Board-approved IPO of a majority stake in wholly-owned bottling businesses, with PepsiCo retaining a noncontrolling interest; expected to close in Q2 1999 subject to market/regulatory conditions. Number of employees to be transferred to PBG not disclosed; related Q4 1998 separation and impairment charges are captured as separate restructuring actions.
1998-12-26divestiture_reductionannounced1999-01-251999-06-30Midwestern United States and Central EuropePepsi-Cola - bottling operationssubsequent_events
f5-10k / GLM-5.3-flash-HTML
Agreement to combine certain PepsiCo bottling operations with Whitman Corporation businesses; PepsiCo to receive $300M net proceeds plus roughly a 40% stake after share repurchases. Employee headcount affected not disclosed; subject to Whitman shareholder and regulatory approval.
1998-12-26acquisition_additioncompleted1998-081998-08Worldwide (headquartered in Bradenton, Florida, United States)Tropicana Products, Inc. (new reportable segment)USD 3,300 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired from The Seagram Company Ltd. in cash at the end of Q3 1998 (August 1998); associated_charge_value is the purchase price, not a severance charge. Employee headcount acquired not disclosed.
1998-12-26acquisition_additioncompleted1998-081998-08AustraliaFrito-Lay International - The Smith's Snackfoods CompanyUSD 270 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
Acquired from United Biscuits Holdings plc in cash at the end of Q3 1998 (August 1998); associated_charge_value is the purchase price, not a severance charge. Employee headcount acquired not disclosed.
1998-12-26restructuringin_progress1998-12-261999-06-30RussiaPepsi-Cola International — BottlingUSD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Part of a $218M Q4 1998 charge ($200M asset impairment + $18M restructuring) triggered by the August 1998 ruble devaluation. Included in combined employee-related costs of $24M covering approximately 2,700 employees across Russia bottling and PCNA field locations; employee count not separately disclosed for Russia. Terminations communicated in Q4 1998, expected to occur in first half of 1999. $212M of the total $218M relates to bottling operations that will be part of PBG.
1998-12-26restructuringin_progress1998-12-261999-06-30United StatesPepsi-Cola North America — Concentrate and Bottling organizationsUSD 16 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Employee-related costs from separating PCNA's concentrate and bottling organizations ahead of the expected PBG public offering. Included in combined employee-related costs of $24M covering approximately 2,700 employees across Russia and PCNA; employee count not separately disclosed for PCNA. $10M of the $16M relates to bottling operations that will be part of PBG.
1998-12-26restructuringannounced1998-12-261999-03-31United StatesFrito-Lay North America — Manufacturing and LogisticsUSD 65 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Frito-Lay productivity program includes consolidating US production into modern plants and streamlining logistics/transportation. Expected to result in approximately $65M in additional asset impairment and restructuring charges in Q1 1999. A related $54M equipment impairment was already recorded in FY1998 Q4. Employee count not disclosed.
1998-12-26restructuringcompleted2,7001998-10-011999-06-30Russia and Pepsi-Cola North America field locationsBottling Operations and SalesUSD 24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Employee related costs for 1998 were $24 million, primarily including severance and relocation costs for approximately 2,700 employees. Terminations communicated in Q4 1998, expected to occur in first half of 1999. Includes 2,700 employees in Russia bottling operations and Pepsi-Cola North America field locations.
1998-12-26restructuringcompleted1998-10-011999-12-31United States and CanadaPepsi-Cola North AmericaUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter charge of $16 million for employee related costs resulting from separation of PCNA concentrate and bottling organizations. $10 million relates to bottling operations becoming part of PBG.
1998-12-26restructuringcompleted2,7001998-12-261999-06-30Russia and Pepsi-Cola North America field locationsBottling Operations and Field SalesUSD 24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Employee related costs primarily include severance and relocation costs. Terminations communicated in Q4 1998, expected to occur in first half of 1999.
1998-12-26restructuringannounced1999-01-011999-03-31United StatesFrito-Lay North AmericaUSD 65 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Program to improve productivity, consolidate U.S. production, and streamline logistics. Expected to result in additional asset impairment and restructuring charges in Q1 1999. Employee count not disclosed.
1998-09-05acquisition_additioncompleted1998-07-201998-09-05United StatesBeveragesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tropicana Products acquired from The Seagram Company Ltd. for $3.3 billion cash; no headcount disclosed. Purchase price funded largely by one-year floating rate notes and commercial paper.
1998-09-05acquisition_additioncompleted1998-09-05AustraliaSnack Foodsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
The Smith's Snackfoods Company acquired from United Biscuits Holdings plc for $265 million cash; no headcount disclosed.
1998-06-13acquisition_additionannounced1998-07-201998-08-31BeveragesUSD 3,300 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Planned purchase of the Tropicana juice business from The Seagram Company Ltd. for $3.3 billion in cash, funded largely by commercial paper issuance; subject to regulatory approval and expected to close at the end of August 1998. No headcount figures disclosed.
1998-06-13divestiture_reductionannounced1998-07-23North AmericaBeverages - company-owned bottling operationssubsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Board authorized a feasibility study of converting essentially all company-owned bottling operations in North America and possibly some international bottling operations to public ownership; effect on financial statements dependent on outcome. No headcount figures disclosed.
1998-06-13acquisition_additionannounced1998-07-201998-08-31GlobalBeveragesUSD 3,300 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Planned $3.3 billion cash purchase of the Tropicana juice business from The Seagram Company Ltd.; no headcount impact disclosed. Purchase price to be funded largely by commercial paper issuance.
1997-12-27divestiture_reductioncompleted1997-08-141997-10-06WorldwideRestaurants segment (Pizza Hut, KFC, Taco Bell)discontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
Tax-free spin-off of TRICON Global Restaurants completed October 6, 1997; shareholders received 1 TRICON share per 10 PepsiCo shares. PepsiCo received $4.5 billion cash from TRICON just prior to distribution. Transferring headcount not quantified.
1997-12-27divestiture_reductioncompleted19971997United StatesPepsiCo Food Systems (restaurant distribution) and non-core U.S. restaurant businessesdiscontinued_operations_footnote
f5-10k / GLM-5.3-flash-HTML
PFS sold in Q2 1997; sales generated ~$1.0 billion after-tax proceeds and a $500 million pre-tax PFS gain. Affected headcount not disclosed.
1997-12-27restructuringin_progress19971998-12-31Worldwide (primarily international bottling operations)Beverages (~$206M) and Snack Foods (~$106M) pre-tax unusual itemsUSD 290 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Pre-tax charges of $183M to dispose/write down assets, $94M to improve productivity, $13M to strengthen international bottler structure (net of $87M Venezuela bottler settlement proceeds). Includes $200M impairment charges. Asset disposals expected complete in 1998. Headcount impact not disclosed.
1997-12-27divestiture_reductioncompleted1997-08-141997-10-06GlobalRestaurants (Pizza Hut, Taco Bell, KFC)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Spin-off of restaurant businesses to shareholders as TRICON Global Restaurants, Inc.; no employee headcount disclosed for transferred workforce
1997-12-27divestiture_reductioncompleted1997-12-27United StatesPepsiCo Food Systems (PFS) and non-core U.S. restaurant businessesdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
PFS restaurant distribution operation and non-core U.S. restaurant businesses sold prior to spin-off date; no employee headcount disclosed
1997-12-27restructuringcompletedInternationalBeveragesUSD 206 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
1997 unusual items of $206M for Beverages segment related to asset disposal, productivity improvement, and international bottler restructuring; no employee counts disclosed
1997-12-27restructuringcompletedGlobalSnack FoodsUSD 106 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
1997 unusual items of $106M for Snack Foods segment; no employee counts disclosed
1997-12-27divestiture_reductioncompleted1997-08-141997-10-06GlobalRestaurantsItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Spin-off of Pizza Hut, Taco Bell, and KFC to shareholders as TRICON Global Restaurants, Inc. on October 6, 1997. Also disposed of PFS and non-core restaurant businesses. Employee count not explicitly disclosed for this action.
1997-12-27restructuringcompletedGlobalInternational BeveragesUSD 290 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Unusual items of $290 million relate to decisions to dispose of and write down assets, improve productivity, and strengthen international bottler structure. Employee count not explicitly disclosed.
1997-09-06divestiture_reductioncompleted1997-01-231997-10-06WorldwideRestaurants (Pizza Hut, Taco Bell, KFC, PFS, non-core restaurant businesses)other
f5-10q / GLM-5.3-flash-fp4-HTML
Spin-off of restaurant businesses to shareholders as TRICON Global Restaurants effective October 6, 1997; PFS sold in Q2 1997 for $830 million with a $500 million pre-tax gain; non-core businesses (Chevys, East Side Mario's, Hot 'n Now, D'Angelo, California Pizza Kitchen) sold during 1997. No employee headcount figures disclosed.
1997-09-06restructuringcompleted1996-10-01InternationalBeveragesUSD 180 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
1997 unusual items related to decisions to dispose of assets, improve productivity and strengthen the international bottler structure. 1996 items primarily related to impairment. No specific headcount disclosed.
1997-09-06restructuringcompleted1996-10-01North AmericaBeveragesUSD 52 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 1997 unusual items related to productivity improvements and asset disposal. No specific headcount disclosed.
1997-09-06restructuringcompleted1996-10-01North AmericaSnack FoodsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 1997 unusual items related to productivity improvements and asset disposal. No specific headcount disclosed.
1997-09-06restructuringcompleted1996-10-01InternationalSnack FoodsUSD 62 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 1997 unusual items related to productivity improvements and asset disposal. No specific headcount disclosed.
1997-09-06divestiture_reductioncompleted1997-01-231997-10-06GlobalRestaurantsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Spin-off of restaurant businesses (Pizza Hut, Taco Bell, KFC) to TRICON Global Restaurants, Inc. completed October 6, 1997. Restaurants segment classified as discontinued operations. No specific headcount disclosed.
1997-09-06restructuringin_progress1997-09-06North AmericaBeveragesUSD 52 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to decisions to dispose of assets and improve productivity.
1997-09-06restructuringin_progress1997-09-06InternationalBeveragesUSD 180 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to strengthening the international bottler structure.
1997-09-06restructuringin_progress1997-09-06North AmericaSnack FoodsUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to productivity initiatives and asset disposal.
1997-09-06restructuringin_progress1997-09-06InternationalSnack FoodsUSD 62 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to productivity initiatives and asset disposal.
1997-09-06restructuringcompleted1996-12-31InternationalBeveragesUSD 50 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Fourth quarter 1996 restructuring; $50 million savings expected in 1997.
1997-06-14restructuringin_progress1997-12-31North AmericaBeveragesUSD 52 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Impairment charge for disposal of assets. Expected completion of disposal by end of 1997.
1997-06-14restructuringin_progress1998-12-31InternationalBeveragesUSD 119 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Impairment charge for disposal of assets. Expected completion of disposal in 1998.
1997-06-14restructuringin_progress1997-12-31North AmericaSnack FoodsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Impairment charge for disposal of assets.
1997-06-14restructuringin_progress1998-12-31InternationalSnack FoodsUSD 41 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Impairment charge for disposal of assets.
1997-06-14restructuringin_progress1997-12-31United StatesRestaurantsUSD 39 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Impairment charge for disposal of non-core U.S. restaurant businesses. Expected completion of sale by end of 1997.
1997-06-14restructuringin_progressUnited StatesRestaurantsUSD 39 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Recurring impairment charges for restaurants to be held and used.
1997-06-14restructuringin_progressInternationalBeveragesUSD 36 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge to strengthen International bottler structure.
1997-06-14restructuringin_progressWorldwideSnack FoodsUSD 82 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge for worldwide Snack Foods productivity initiatives.
1997-03-22divestiture_reductioncompletedUnited StatesRestaurantsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sold East Side Mario's (ESM), a non-core U.S. restaurant business. 14 units removed from company-operated count. Employee count not disclosed.
1997-03-22divestiture_reductioncompletedInternationalSnack FoodsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Sold investment in non-core International snack food joint venture with Gerber. Employee count not disclosed.
1997-03-22plant_closurecompletedWorldwideRestaurantsMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Closed 268 restaurant units worldwide (244 U.S., 24 International). Employee count not disclosed.
1997-03-22restructuringin_progressInternationalBeveragesMD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Fourth quarter 1996 restructuring generated savings expected in 1997. Employee count not disclosed.
1996-12-28restructuringin_progress1996-09-261997-12-31International (outside United States and Canada)Beverages — International beveragesUSD 122 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth-quarter FY1996 reorganization of international beverage operations into 10 business units with a reduction of support staff. Charge primarily severance, relocation and facility-closing costs; almost all cash payments expected by end of 1997; estimated savings about $80 million annually thereafter. Component of a larger $576 million international beverages unusual charge. Announced via September 26, 1996 press release (Form 8-K) with an estimated $125 million charge at that time; no affected-employee count disclosed.
1996-12-28acquisition_additioncompleted1996-06-15United StatesRestaurants — California Pizza Kitchenother
f5-10k / GLM-5.3-flash-HTML
California Pizza Kitchen, previously an unconsolidated equity-method investment, was consolidated at the end of the second quarter of FY1996 (quarter ended June 15, 1996), adding its operations and employees to consolidated results. No headcount added or separate purchase price disclosed.
1996-12-28divestiture_reductionannounced1996-03-231997-12-31United StatesRestaurants (U.S.) — Hot 'n NowUSD 26 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
First-quarter FY1996 decision to dispose of Hot 'n Now; the $26 million charge was recorded in Q1 (12 weeks ended March 23, 1996) and consisted primarily of impairment and estimated disposal costs. Disposal planned for 1997; no affected-employee count disclosed.
1996-12-28divestiture_reductionannounced1996-12-281997-12-31United StatesRestaurants (U.S.) — California Pizza Kitchen, Chevys, D'Angelo Sandwich Shops, East Side Mario'sUSD 220 (millions)restructuring_footnote
f5-10k / GLM-5.3-flash-HTML
Fourth-quarter FY1996 decision to sell the remaining non-core U.S. restaurant businesses; $220 million impairment loss reduced carrying amounts to estimated fair value (based primarily on an investment banking opinion) less costs to sell. Remaining assets of $333 million reclassified as held for disposal, with disposals planned during 1997; no affected-employee count disclosed.
1996-12-28divestiture_reductioncompletedWorldwide (605 U.S.; 50 international)RestaurantsMD&A
f5-10k / GLM-5.3-flash-HTML
Ongoing refranchising program (initiated roughly two years earlier) transferred 655 company-operated restaurants to franchisees/licensees during FY1996, reducing consolidated company-operated headcount; no employee counts disclosed. Generated $139 million of refranchising gains in 1996. Program to be expanded in 1997 at Pizza Hut U.S., Taco Bell U.S. and internationally, and extended to KFC U.S.
1996-12-28plant_closurecompletedWorldwide (294 U.S.; 85 international)RestaurantsUSD 40 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
379 underperforming company-operated and joint-venture restaurant units closed during FY1996; worldwide store closure costs of $40 million recorded in 1996. No employee counts disclosed.
1996-12-28plant_closureannounced1996-12-28United States (249 units); International (21 units)RestaurantsMD&A
f5-10k / GLM-5.3-flash-HTML
As of year-end 1996, closure costs had already been recorded for 270 units (249 U.S., 21 international) expected to be closed in the future; no employee counts disclosed.
1996-12-28divestiture_reductionannounced1997-011997-12-31WorldwideRestaurants (Pizza Hut, Taco Bell, KFC); possible separate sale of PepsiCo Food Systems (PFS) also under explorationsubsequent_events
f5-10k / GLM-5.3-flash-HTML
January 1997 announcement of a plan to spin off the restaurant businesses (U.S. and international operations) to shareholders as an independent publicly traded company, targeted for completion by end of 1997, subject to an IRS tax ruling, regulatory approvals, market conditions and final Board approval. PepsiCo also exploring a possible sale of PFS. Segment-level headcount not disclosed.
1996-12-28restructuringin_progress1996-09-261997-12-31InternationalBeveragesUSD 122 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth-quarter reorganization into 10 business units with reduction of support staff; charge primarily severance, relocation, and facility closing costs. Almost all expected paid by end of 1997. Employee count not disclosed.
1996-12-28divestiture_reductionannounced1997-12-31United StatesRestaurantsUSD 246 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Decision in Q4 1996 to dispose of non-core U.S. restaurant businesses (CPK, Chevys, D'Angelo, ESM, HNN). Charge includes impairment and estimated disposal costs. Disposal planned for 1997. Employee count not disclosed.
1996-12-28restructuringcompleted1996-10-011997-12-31InternationalBeveragesUSD 122 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charge related to fourth quarter reorganization into 10 business units and reduction of support staff. Includes severance, relocation, and facility closing costs. Expected to generate $50 million in savings in 1997.
1996-12-28divestiture_reductioncompleted1996-10-01United StatesRestaurantsUSD 246 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Decision to dispose of non-core U.S. restaurant businesses (California Pizza Kitchen, Chevys, D'Angelo, East Side Mario's, Hot 'n Now). Charge primarily composed of impairment and estimated disposal costs.
1996-12-28restructuringcompleted1996-10-011997-12-31InternationalBeveragesUSD 122 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter reorganization into 10 business units and reduction of support staff. Charge primarily reflected severance-related costs, relocation costs, and facility closing costs. Expected to generate savings of $50 million in 1997.
1996-09-07restructuringannounced1996-09-301997-12-31InternationalInternational beveragesUSD 125 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
International beverages to be restructured into ten core business units, expected to save about $100 million annually in headcount and facility costs beginning in 1997; charge expected in Q4 1996, almost all paid by end of 1997. No employee count disclosed.
1996-09-07divestiture_reductionannounced1996-09-30United StatesRestaurants — casual dining (California Pizza Kitchen, Chevys, East Side Mario's)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Review begun in Q4 1996 to determine whether to retain casual dining businesses; net investment approximately $400 million; impairment charge or disposal loss reasonably possible in Q4 1996. No employee count disclosed.
1996-09-07divestiture_reductionin_progressUnited States and InternationalRestaurants — Pizza Hut, Taco Bell, KFCMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing program to sell company-operated restaurants to franchisees; 215 stores refranchised, licensed or closed in the quarter and 695 year-to-date; ownership expected to decline 2-4% annually. KFC refranchising to begin in 1997. No employee count disclosed.
1996-09-07restructuringannounced1996-09-301997-12-31InternationalInternational BeveragesUSD 125 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization of international beverages into ten core business units; expected annual savings of about $100 million in headcount and facility costs beginning 1997; charge expected to be paid by end of 1997. No employee count disclosed.
1996-09-07restructuringannounced1996-09-30United StatesRestaurants (Pizza Hut, Taco Bell, KFC)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expanded program to sell company-operated Pizza Hut and Taco Bell restaurants to franchisees, with KFC to begin in 1997; ownership percentage expected to decline 2-4% annually. No employee count disclosed.
1996-09-07otherannounced1996-09-30United StatesCasual Dining (California Pizza Kitchen, Chevys, East Side Mario's)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Review announced to determine whether to retain casual dining businesses; possible impairment charge or disposal loss in Q4 1996. Net investment approximately $400 million. No employee count disclosed.
1996-09-07restructuringannounced1996-09-301997-12-31InternationalInternational BeveragesUSD 125 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
International beverages restructuring to reduce annual operating costs; expected to save about $100 million annually in headcount and facility costs beginning in 1997. Charge expected to be paid by end of 1997.
1996-09-07restructuringcompleted1996-09-071996-09-07InternationalInternational BeveragesUSD 390 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Impairment charges recognized in Q3 related to investments in unconsolidated affiliates and non-core assets. Includes $29M equity share of BAESA charges.
1996-09-07restructuringannounced1996-09-301997-12-31InternationalInternational BeveragesUSD 125 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring to reduce annual operating costs by $100 million starting in 1997; charge expected in Q4 1996, payments by end of 1997. Employee count not disclosed.
1996-06-15restructuringcompleted1996-06-151996-06-15WorldwideRestaurantsUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Noncash impairment charge to reduce carrying value of long-lived restaurant assets under SFAS 121. Employee count not disclosed.
1996-06-15plant_closurecompleted1996-06-151996-06-15United StatesRestaurants (Hot 'n Now)USD 26 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Charge for disposal of underperforming units at Hot 'n Now. Employee count not disclosed.
1995-12-30divestiture_reductioncompletedWorldwideRestaurants — company-operated unitsMD&A
f5-10k / GLM-5.3-flash-HTML
308 company-operated restaurants refranchised or licensed worldwide in 1995 (Pizza Hut 88, Taco Bell 214, International 6), generating $88 million of refranchising gains and $165 million of sale proceeds; employees transferred to franchisees, headcount impact not disclosed. Includes Taco Bell's plan to license or franchise its ~200 Hot 'n Now units; management expects such actions to continue over the next few years.
1995-12-30plant_closurecompletedWorldwideRestaurantsUSD 37 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
293 company-operated restaurants closed worldwide during 1995 (616 total systemwide closures including franchised, licensed and joint-venture units). $37 million of restaurant closure costs recorded in 1995; this amount also includes costs accrued for 185 units scheduled to close in 1996. Headcount affected not disclosed.
1995-12-30plant_closureannounced1995-12-301996-12-31Worldwide; 141 of the 185 units in the United StatesRestaurants — company-operated unitsMD&A
f5-10k / GLM-5.3-flash-HTML
Closure costs recorded as of year-end 1995 for 185 company-operated restaurants (141 in the U.S.) expected to close in 1996; costs were made in Q4 1995 in connection with the SFAS 121 adoption and are included in the $37 million of closure costs recorded in 1995. Headcount not disclosed.
1995-12-30restructuringcompletedUnited States (Wichita, Kansas to Dallas, Texas)Pizza Hut U.S. headquarters functionsUSD 20 (millions)MD&A
f5-10k / GLM-5.3-flash-HTML
$20 million charge recorded in Q2 1995 for relocation of certain Pizza Hut U.S. headquarters functions from Wichita to Dallas; net $17 million charge after $3 million of favorable cost adjustments. Relocated-employee count not disclosed.
1995-12-30restructuringin_progressWorldwideRestaurants — administrative operationsMD&A
f5-10k / GLM-5.3-flash-HTML
Consolidation of international headquarters administration of the three restaurant concepts completed in 1995; international regional/country administration consolidation underway; U.S. administrative consolidation (e.g., payroll, accounts payable) begun with completion expected over the next few years. Worldwide restaurant procurement consolidation substantially completed. No headcount or charge quantified for FY1995.
1995-12-30acquisition_additioncompletedWorldwideBeverages, Restaurants and Snack FoodsUSD 475 (millions)business_combinations_footnote
f5-10k / GLM-5.3-flash-HTML
$475 million of acquisitions and investments (principally cash) completed in 1995, including worldwide restaurant operations in New Zealand and the buyout of a Singapore joint-venture partner, bottling operations, a 27% interest in GEMEX (Mexico) and an investment in Simba (South Africa). Headcount added through these transactions is not disclosed.
1995-12-30restructuringcompletedUnited StatesBeveragesUSD 22 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
1995 charges for consolidation of headquarters and field operations. Part of ongoing 1992 restructuring program.
1995-12-30restructuringcompletedUnited StatesRestaurantsUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charge for relocation of Pizza Hut U.S. headquarters from Wichita to Dallas.
1995-12-30restructuringcompletedInternationalRestaurantsUSD 7 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charge to consolidate U.S. headquarters for three international restaurant concepts.
1995-12-30restructuringcompleted19921998United StatesBeveragesUSD 22 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
1992 organizational restructuring. In 1995, recorded additional charges totaling $22 million primarily for severance and relocation costs. Full benefits expected by 1998.
1995-12-30restructuringcompleted1992InternationalBeveragesMD&A
f5-10k / Qwen3.6-27B-Q8_0
1992 restructuring of acquired Spanish franchised bottling operation substantially completed in 1994. Annual savings approximating $15 million in 1994, growing to $20 million in 1995.
1995-12-30restructuringcompleted1992United KingdomSnack FoodsMD&A
f5-10k / Qwen3.6-27B-Q8_0
1992 restructuring charge related to consolidating and streamlining Walkers business in the U.K. substantially completed during 1994. Estimated annual savings of about $32 million.
1995-12-30restructuringcompleted1991United StatesRestaurantsNotes to Consolidated Financial Statements
f5-10k / Qwen3.6-27B-Q8_0
1991 charges at KFC primarily to streamline operations.
1995-09-09othercompleted1995-08-31California, United StatesDomestic BeveragesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six-week labor strike affecting domestic beverage selling and distribution expenses, ended in August 1995; no employee count or charge disclosed.
1995-09-09restructuringin_progressUnited StatesRestaurants — Pizza Hut domestic headquarters relocation from Wichita to DallasUSD 16 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net $16M charge: $20M recorded in Q2 1995 for relocation of certain Pizza Hut domestic headquarters functions, partially offset by a $4M favorable adjustment in Q3 1995. No employee count disclosed.
1995-09-09restructuringin_progressInternationalRestaurants — consolidation of Pizza Hut and KFC international headquarters and regional officesMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Consolidation of international restaurant headquarters and certain regional offices begun in 1995; no employee count or charge disclosed.
1995-09-09restructuringin_progressUnited StatesDomestic Snack Foods — reorganization of field operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization of field operations to improve customer service, described as investment spending; no employee count or charge disclosed.
1995-09-09plant_closurein_progress1996-12-31United StatesRestaurants — Hot 'n Now (HNN) licensing/franchising of company-operated unitsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Taco Bell plans to license or franchise all HNN units; ~75% completed by end of Q3 1995, expected completion shifted from 1995 to 1996. Potential impairment of HNN long-lived assets under evaluation for Q4 1995. No employee count disclosed.
1995-09-09restructuringcompletedDomesticBeveragesUSD 15 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Net charges taken in the quarter, primarily for estimated probable future payments related to losses on raw materials and marketing equipment supply contracts, associated with a previously disclosed 1994 consolidation of headquarters and field operations.
1995-09-09restructuringcompletedDomesticRestaurantsUSD 16 (millions)MD&A
f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML
Net charge composed of a $20 million charge for relocation of certain functions of Pizza Hut's domestic headquarters from Wichita to Dallas, partially offset by a $4 million favorable adjustment.
1995-09-09othercompleted1995-08CaliforniaDomestic BeveragesMD&A
f5-10q / Qwen3.6-27B-Q8_0
6-week strike in California ended in August 1995; affected selling and distribution expenses.
1995-09-09restructuringcompletedUnited StatesDomestic BeveragesUSD 15 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Net charges of $14.7 million taken in the quarter for estimated probable future payments related to losses on raw materials and marketing equipment supply contracts.
1995-09-09restructuringcompletedUnited StatesRestaurantsUSD 16 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Net $16 million charge for relocation of certain of Pizza Hut's domestic headquarters functions from Wichita to Dallas.