| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-13 | restructuring | in_progress | 2030-12-31 | All segments and corporate | USD 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. | ||||
| 2026-06-13 | restructuring | in_progress | 2024-02-01 | 2030-12-31 | Global | All segments and corporate | USD 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. | ||
| 2026-06-13 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2026-06-13 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | North America | PFNA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Garza Food Ventures LLC (Siete) for $1.2B. Headcount not disclosed. | |||
| 2026-06-13 | acquisition_addition | completed | 2025-05-19 | 2025-05-19 | North America | PBNA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of poppi for $1.9B cash plus $0.2B contingent consideration. Headcount not disclosed. | |||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Cost Of Goods And Services Sold - Restructuring [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Selling, General and Administrative Expenses - Restructuring [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Other pension and retiree medical benefits expense [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Foods North America [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD -15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / International Beverage Franchise [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | 2019 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 | ||||||
| 2026-06-13 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-13 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2030-12-31 | All segments and corporate | USD 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. | ||||
| 2026-03-21 | restructuring | in_progress | 2030-12-31 | Global | All segments and corporate | USD 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. | |||
| 2026-03-21 | restructuring | in_progress | 2030-12-31 | Global | All Segments | USD 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. | |||
| 2026-03-21 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Cost Of Goods And Services Sold - Restructuring [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Selling, General and Administrative Expenses - Restructuring [Member] | USD 113,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Other pension and retiree medical benefits expense [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 133,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Foods North America [Member] | USD 75,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / International Beverage Franchise [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | 2019 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 | ||||||
| 2026-03-21 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-21 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | United States and Canada | PFNA (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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | United States and Canada | PBNA (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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | International | IB 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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | Europe, Middle East and Africa | EMEA | USD 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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | Latin America | LatAm 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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | Asia Pacific | Asia Pacific Foods | USD 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. | ||
| 2025-12-27 | restructuring | in_progress | 2019 | 2030 | Global | Corporate | USD 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. | ||
| 2025-12-27 | restructuring | in_progress | 2030-12-31 | Global | All 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. | |||
| 2025-12-27 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | United States | PFNA | business_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. | |||
| 2025-12-27 | acquisition_addition | completed | 2025-05-19 | 2025-05-19 | United States | PBNA | business_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. | |||
| 2025-12-27 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-12-27 | acquisition_addition | completed | 2025-05-19 | 2025-05-19 | United States | PepsiCo Beverages North America | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of poppi (VNGR Beverage, LLC). Headcount not explicitly quantified. | |||
| 2025-12-27 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | United States | PepsiCo Foods North America | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Siete (Garza Food Ventures LLC). Headcount not explicitly quantified. | |||
| 2025-12-27 | acquisition_addition | completed | 2024-12-03 | 2024-12-03 | United States | PepsiCo Foods North America | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of remaining 50% ownership in Sabra Dipping Company. Headcount not explicitly quantified. | |||
| 2025-12-27 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-12-27 | restructuring | in_progress | Share-based Compensation [Member] | USD -8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | All segments | USD 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. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | PFNA | USD 147 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date PFNA charges $579 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | PBNA | USD 192 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date PBNA charges $697 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | IB Franchise | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date IB Franchise charges $58 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | EMEA | USD 118 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date EMEA charges $879 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | LatAm Foods | USD 36 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date LatAm Foods charges $283 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Asia Pacific Foods | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date Asia Pacific Foods charges $96 million. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Corporate | USD 45 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | YTD charges; plan-to-date Corporate charges $463 million. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Global | PepsiCo 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. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Global | PepsiCo 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. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Global | International 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. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Europe, Middle East and Africa | EMEA | USD 69 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 12 weeks ended 9/6/2025 charge; no employee count disclosed. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Latin America | Latin 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. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Asia Pacific | Asia Pacific Foods | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 12 weeks ended 9/6/2025 charge; no employee count disclosed. | |||
| 2025-09-06 | restructuring | in_progress | 2030-12-31 | Global | Corporate | USD -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. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-09-06 | acquisition_addition | completed | 2025-01-17 | North America | PFNA | USD 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. | |||
| 2025-09-06 | acquisition_addition | completed | 2025-05-19 | North America | PBNA | USD 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. | |||
| 2025-09-06 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-09-06 | acquisition_addition | completed | 2025-01-17 | Mexico/United States | PFNA | USD 1,200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Siete. Headcount added not explicitly disclosed. | |||
| 2025-09-06 | acquisition_addition | completed | 2025-05-19 | United States | PBNA | USD 1,950 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of poppi. Headcount added not explicitly disclosed. | |||
| 2025-09-06 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 126,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Impairment of intangible assets [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 141,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 116,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Foods North America [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / International Beverage Franchise [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member] | USD 69,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2025-09-06 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 73,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-06 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All segments and corporate | USD 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. | ||
| 2025-06-14 | restructuring | in_progress | 2024 | 2030-12-31 | Global | Company-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. | ||
| 2025-06-14 | acquisition_addition | completed | 2025-01-17 | United States | PepsiCo 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. | ||||
| 2025-06-14 | acquisition_addition | completed | 2025-05-19 | United States | PepsiCo 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. | ||||
| 2025-06-14 | restructuring | in_progress | 2030-12-31 | Global | All Segments | USD 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. | |||
| 2025-06-14 | restructuring | in_progress | 2030-12-31 | Global | All Segments | USD 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. | |||
| 2025-06-14 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-06-14 | acquisition_addition | completed | 2025-01-17 | Mexico/United States | PFNA | USD 1,200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Siete for $1.2B cash. Headcount not disclosed. | |||
| 2025-06-14 | acquisition_addition | completed | 2025-05-19 | United States | PBNA | USD 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. | |||
| 2025-06-14 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 102,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 113,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 213,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 160,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Foods North America [Member] | USD 91,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / International Beverage Franchise [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2025-06-14 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 85,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-14 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | All segments and corporate | USD 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. | |||
| 2025-03-22 | restructuring | in_progress | 2030-12-31 | Global | All segments and Corporate | USD 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. | |||
| 2025-03-22 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | United States | PepsiCo 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. | ||
| 2025-03-22 | acquisition_addition | announced | 2025-03-16 | 2025-09-30 | United States | PepsiCo 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. | ||
| 2025-03-22 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-03-22 | acquisition_addition | completed | 2025-01-17 | North America | PFNA | USD 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. | |||
| 2025-03-22 | acquisition_addition | announced | 2025-03-16 | North America | PBNA | USD 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. | |||
| 2025-03-22 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2025-03-22 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | United States | PFNA | USD 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. | ||
| 2025-03-22 | acquisition_addition | announced | 2025-03-16 | United States | PBNA | USD 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. | |||
| 2025-03-22 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 196,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 213,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 191,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Foods North America [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 125,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / International Beverage Franchise [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe, Middle East & Africa (Segment) [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America Foods (Segment) [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific Foods (Segment) [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2025-03-22 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 58,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 153,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-22 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-28 | restructuring | in_progress | 2024 | 2030-12-31 | Global (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate) | All reportable segments plus Corporate | USD 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. | ||
| 2024-12-28 | other | completed | 2023 | United States | Quaker 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. | |||
| 2024-12-28 | restructuring | in_progress | 2024-12-28 | 2030-12-31 | Global | All divisions plus Corporate | USD 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. | ||
| 2024-12-28 | acquisition_addition | completed | 2024-12-03 | 2024-12-03 | United States | Frito-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. | |||
| 2024-12-28 | acquisition_addition | completed | 2025-01-17 | 2025-01-17 | United States | subsequent_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. | ||||
| 2024-12-28 | restructuring | in_progress | 2024-Q4 | 2030-12-31 | Global | All Divisions | USD 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. | ||
| 2024-12-28 | restructuring | in_progress | 2019-01-01 | 2030-12-31 | Global | All Segments | USD 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. | ||
| 2024-12-28 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-28 | restructuring | in_progress | USD -5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-09-07 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2024-09-07 | voluntary_separation | in_progress | 2025-12-31 | United States | U.S. pension plans | USD 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. | |||
| 2024-09-07 | other | in_progress | United States and Canada | QFNA | USD 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. | ||||
| 2024-09-07 | acquisition_addition | announced | 2024-10-01 | 2025-06-30 | Mexican-American foods business | USD 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. | |||
| 2024-09-07 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Enterprise-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. | ||
| 2024-09-07 | acquisition_addition | announced | 2024-10-01 | 2025-06-30 | United States | Siete 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. | ||
| 2024-09-07 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2024-09-07 | acquisition_addition | announced | 2024-10-01 | 2025-06-30 | United States | Quaker Foods North America | USD 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. | ||
| 2024-09-07 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions and Corporate | USD 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. | ||
| 2024-09-07 | other | completed | North America | Quaker Foods North America | USD 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. | ||||
| 2024-09-07 | acquisition_addition | announced | 2024-10-01 | 2025-06-30 | Mexico/United States | Frito-Lay North America / Quaker Foods North America | USD 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. | ||
| 2024-09-07 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 228,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 245,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 195,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 128,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | 2019 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 | ||||||
| 2024-09-07 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2024-09-07 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 151,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-07 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2024-06-15 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2024-06-15 | voluntary_separation | in_progress | United States and Canada | QFNA | USD 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. | ||||
| 2024-06-15 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Multiple divisions (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC) and Corporate | USD 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. | ||
| 2024-06-15 | other | in_progress | United States and Canada | Quaker 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). | ||||
| 2024-06-15 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2024-06-15 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions and Corporate | USD 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. | ||
| 2024-06-15 | other | completed | North America | Quaker 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. | ||||
| 2024-06-15 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 74,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | 2019 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 | ||||||
| 2024-06-15 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2024-06-15 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 61,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-15 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Company-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. | |||
| 2024-03-23 | other | in_progress | United States and Canada | QFNA | USD 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. | ||||
| 2024-03-23 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Enterprise-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. | ||
| 2024-03-23 | restructuring | in_progress | 2024-12-31 | United States | Quaker 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. | |||
| 2024-03-23 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2024-03-23 | other | completed | 2024-03-23 | 2024-03-23 | North America | Quaker 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. | ||
| 2024-03-23 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2024-03-23 | restructuring | in_progress | North America | Quaker Foods North America | USD 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. | ||||
| 2024-03-23 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 83,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 96,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2024-03-23 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 72,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-23 | restructuring | in_progress | Share-based Compensation [Member] | USD -5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global (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. | ||
| 2023-12-30 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Enterprise-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. | ||
| 2023-12-30 | other | completed | North America | Quaker Foods North America | USD 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. | ||||
| 2023-12-30 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-12-30 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All segments | USD 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. | ||
| 2023-12-30 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 433,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 445,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 349,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 41,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 223,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | 2019 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 | ||||||
| 2023-12-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 88,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2023-12-30 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 243,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 200,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-30 | restructuring | in_progress | USD -1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-09-09 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2023-09-09 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate | USD 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. | ||
| 2023-09-09 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-09-09 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-09-09 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 79,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 83,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 67,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | 2019 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 | ||||||
| 2023-09-09 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2023-09-09 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-09 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2023-06-17 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All 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. | ||
| 2023-06-17 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All divisions | USD 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. | ||
| 2023-06-17 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-06-17 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-06-17 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 89,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 92,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 63,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | 2019 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 | ||||||
| 2023-06-17 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2023-06-17 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-17 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | All divisions and corporate | USD 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. | |||
| 2023-03-25 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Enterprise-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. | ||
| 2023-03-25 | divestiture_reduction | completed | 2022-01-01 | 2022-03-19 | North America and Europe | PBNA 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. | |||
| 2023-03-25 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-03-25 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2023-03-25 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 110,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 112,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 98,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 89,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | 2019 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 | ||||||
| 2023-03-25 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2023-03-25 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 92,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-25 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All seven divisions plus corporate | USD 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. | ||
| 2022-12-31 | divestiture_reduction | completed | North America and Europe | PBNA 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. | ||||
| 2022-12-31 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | Enterprise-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. | ||
| 2022-12-31 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA 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. | |||
| 2022-12-31 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All Divisions | USD 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. | ||
| 2022-12-31 | restructuring | in_progress | 2019-02-15 | 2028-12-31 | Global | All segments | USD 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. | ||
| 2022-12-31 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 347,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 411,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 334,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 68,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 109,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2019 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 | ||||||
| 2022-12-31 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 90,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2022-12-31 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 243,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 135,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2022-09-03 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | All divisions and corporate | USD 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. | |||
| 2022-09-03 | divestiture_reduction | completed | 2022-01-24 | North America and Europe | PBNA 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. | |||
| 2022-09-03 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC and Corporate | USD 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. | ||
| 2022-09-03 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All segments | USD 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. | ||
| 2022-09-03 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All segments | USD 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. | ||
| 2022-09-03 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Divisions | USD 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. | ||
| 2022-09-03 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA and Europe | USD 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. | ||
| 2022-09-03 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 51,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | 2019 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 | ||||||
| 2022-09-03 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2022-09-03 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-03 | restructuring | in_progress | Share-based Compensation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | divestiture_reduction | completed | North America and Europe | PBNA 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. | |||||
| 2022-06-11 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | All divisions and corporate | USD 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. | |||
| 2022-06-11 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All 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. | ||
| 2022-06-11 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA 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. | |||
| 2022-06-11 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All divisions | USD 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. | ||
| 2022-06-11 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All divisions | USD 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. | ||
| 2022-06-11 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Divisions | USD 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. | ||
| 2022-06-11 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA and Europe | USD 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. | ||
| 2022-06-11 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 45,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | 2019 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 | ||||||
| 2022-06-11 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2022-06-11 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-11 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | divestiture_reduction | completed | North America and Europe | PBNA 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. | |||||
| 2022-03-19 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | All divisions and corporate | USD 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. | |||
| 2022-03-19 | other | in_progress | Russia and Ukraine | Europe division | USD 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. | ||||
| 2022-03-19 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All divisions and corporate | USD 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. | ||
| 2022-03-19 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | Multiple segments | USD 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. | ||
| 2022-03-19 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA and Europe | USD 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. | ||
| 2022-03-19 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Divisions | USD 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. | ||
| 2022-03-19 | divestiture_reduction | completed | 2022-01-24 | 2022-02-01 | North America and Europe | PBNA and Europe | USD 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. | ||
| 2022-03-19 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | 2019 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 | ||||||
| 2022-03-19 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2022-03-19 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-19 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | United States and Canada | FLNA | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | United States and Canada | PBNA | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Latin America | LatAm | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Europe | Europe | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Africa, Middle East and South Asia | AMESA | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Asia Pacific, Australia/New Zealand and China region | APAC | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | Corporate unallocated expenses | USD 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%. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | Other pension and retiree medical benefits expense | USD 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. | ||
| 2021-12-25 | divestiture_reduction | completed | 2022-02-01 | North America and Europe | PBNA and Europe | USD 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. | |||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All divisions plus corporate | USD 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. | ||
| 2021-12-25 | divestiture_reduction | completed | 2022-02-01 | North America and Europe | PBNA and Europe | subsequent_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. | ||||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Divisions | USD 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. | ||
| 2021-12-25 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All segments | USD 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. | ||
| 2021-12-25 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 208,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 247,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 206,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 37,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 81,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | 2019 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 | ||||||
| 2021-12-25 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2021-12-25 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 120,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 95,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-25 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-09-04 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Multi-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. | |||
| 2021-09-04 | divestiture_reduction | announced | 2021-08-02 | 2022-12-31 | North America and Europe | PBNA and Europe segments; corporate unallocated expenses | USD 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. | ||
| 2021-09-04 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC, Corporate | USD 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. | ||
| 2021-09-04 | divestiture_reduction | announced | 2021-08-02 | 2022-03-31 | North America and Europe | PBNA 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. | |||
| 2021-09-04 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Segments | USD 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. | ||
| 2021-09-04 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Segments | USD 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. | ||
| 2021-09-04 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 45,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | 2019 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 | ||||||
| 2021-09-04 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2021-09-04 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-04 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Multi-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. | |||
| 2021-06-12 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | Enterprise-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. | ||
| 2021-06-12 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All segments | USD 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. | ||
| 2021-06-12 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All segments | USD 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. | ||
| 2021-06-12 | restructuring | in_progress | 2019-02-15 | 2026-12-31 | Global | All Segments | USD 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. | ||
| 2021-06-12 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | 2019 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 | ||||||
| 2021-06-12 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2021-06-12 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-12 | restructuring | in_progress | Share-based Compensation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Multi-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. | |||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All 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. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Divisions | USD 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. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | FLNA | Frito-Lay North America | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | QFNA | Quaker Foods North America | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | PBNA | PepsiCo Beverages North America | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | LatAm | Latin America | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Europe | Europe | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | AMESA | Africa, Middle East and South Asia | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | APAC | Asia Pacific, Australia and New Zealand and China region | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Corporate | Corporate Unallocated | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of 2019 Productivity Plan. | ||
| 2021-03-20 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2021-03-20 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2021-03-20 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Other than 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-20 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019-02-15 | 2023 | Global (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). | ||
| 2020-12-26 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_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. | ||||
| 2020-12-26 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_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. | ||||
| 2020-12-26 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_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. | ||||
| 2020-12-26 | acquisition_addition | completed | FLNA | business_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. | ||||||
| 2020-12-26 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All divisions and corporate | USD 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. | ||
| 2020-12-26 | acquisition_addition | completed | 2020-03-23 | 2020-03-23 | South Africa | AMESA | USD 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. | ||
| 2020-12-26 | acquisition_addition | completed | 2020-04-24 | 2020-04-24 | United States | PBNA | USD 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. | ||
| 2020-12-26 | acquisition_addition | completed | 2020-06-01 | 2020-06-01 | China | APAC | USD 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. | ||
| 2020-12-26 | acquisition_addition | completed | 2020-12-26 | 2020-12-26 | United States | FLNA | USD 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. | ||
| 2020-12-26 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Divisions | USD 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. | ||
| 2020-12-26 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 289,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2014 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 and 2014 Productivity Plans [Member] | USD 289,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Other productivity initiatives [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | USD 289,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-12-26 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 239,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 231,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 83,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America (Segment) [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe (Segment) [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | 2019 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 | ||||||
| 2020-12-26 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2020-12-26 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-26 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 98,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Multi-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. | |||
| 2020-09-05 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | USD 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. | |||
| 2020-09-05 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | USD 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. | |||
| 2020-09-05 | acquisition_addition | completed | 2020-06-01 | China | APAC | USD 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. | |||
| 2020-09-05 | restructuring | in_progress | 2019-02-15 | 2023 | Global | All divisions and Corporate | USD 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. | ||
| 2020-09-05 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_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. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Upfront cash payment ~$3.85B plus ~$0.85B contingent consideration; no headcount added disclosed. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All outstanding shares acquired for ~$0.7B cash; no headcount added disclosed. | ||||
| 2020-09-05 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2020-09-05 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Pioneer Food Group Ltd. Headcount not explicitly disclosed. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Rockstar Energy Beverages. Headcount not explicitly disclosed. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not explicitly disclosed. | ||||
| 2020-09-05 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2020-09-05 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pioneer Food Group Ltd. Headcount not disclosed. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Rockstar Energy Beverages. Headcount not disclosed. | ||||
| 2020-09-05 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not disclosed. | ||||
| 2020-09-05 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 61,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | 2019 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 | ||||||
| 2020-09-05 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2020-09-05 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-05 | restructuring | in_progress | Share-based Compensation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | All segments and corporate | USD 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. | |||
| 2020-06-13 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | Company-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. | ||
| 2020-06-13 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_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. | ||||
| 2020-06-13 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_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. | ||||
| 2020-06-13 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_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. | ||||
| 2020-06-13 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2020-06-13 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | USD 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. | |||
| 2020-06-13 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | USD 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. | |||
| 2020-06-13 | acquisition_addition | completed | 2020-06-01 | China | APAC | USD 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. | |||
| 2020-06-13 | restructuring | in_progress | 2019-10-01 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2020-06-13 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pioneer Food Group Ltd. Headcount not disclosed. | ||||
| 2020-06-13 | acquisition_addition | completed | 2020-04-24 | United States | PBNA | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Rockstar Energy Beverages. Headcount not disclosed. | ||||
| 2020-06-13 | acquisition_addition | completed | 2020-06-01 | China | APAC | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Hangzhou Haomusi Food Co., Ltd. (Be & Cheery). Headcount not disclosed. | ||||
| 2020-06-13 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | 2019 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 | ||||||
| 2020-06-13 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2020-06-13 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-13 | restructuring | in_progress | Share-based Compensation [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | All segments and corporate | USD 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. | |||
| 2020-03-21 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All divisions | USD 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 | ||
| 2020-03-21 | acquisition_addition | completed | South Africa | AMESA | USD 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 | ||||
| 2020-03-21 | acquisition_addition | announced | 2020-04-24 | 2020-06-30 | United States | PBNA | USD 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 | ||
| 2020-03-21 | acquisition_addition | announced | 2020-02-21 | 2020-12-31 | China | APAC | USD 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 | ||
| 2020-03-21 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | Multiple 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. | ||
| 2020-03-21 | acquisition_addition | completed | 2020-03-23 | South Africa | AMESA | business_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. | ||||
| 2020-03-21 | acquisition_addition | announced | 2020-04-24 | Global | PBNA | subsequent_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. | ||||
| 2020-03-21 | acquisition_addition | announced | 2020-02-21 | 2020-12-31 | China | APAC | subsequent_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. | |||
| 2020-03-21 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2020-03-21 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia Pacific, Australia and New Zealand, and China Region [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2020-03-21 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-21 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019-02-15 | 2023 | Global (multiple countries) | All seven reportable segments (FLNA, QFNA, PBNA, LatAm, Europe, AMESA, APAC) plus corporate | USD 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. | ||
| 2019-12-28 | acquisition_addition | announced | 2019-07-19 | 2020 | South Africa | AMESA | business_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. | |||
| 2019-12-28 | divestiture_reduction | completed | India | AMESA | MD&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. | |||||
| 2019-12-28 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All divisions | USD 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. | ||
| 2019-12-28 | acquisition_addition | announced | 2019-07-19 | 2020-06-30 | South Africa | AMESA | USD 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. | ||
| 2019-12-28 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | Global | USD 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. | ||
| 2019-12-28 | restructuring | completed | 2014-02-13 | 2019-12-28 | Global | Global | USD 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. | ||
| 2019-12-28 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2019-12-28 | restructuring | completed | 2014-02-13 | 2019-12-31 | Global | All segments | USD 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. | ||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 370,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2014 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 and 2014 Productivity Plans [Member] | USD 370,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Other productivity initiatives [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | USD 373,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-12-28 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 115,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 253,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 303,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 51,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 Productivity Plan [Member] / Africa, Middle East and South Asia [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | 2019 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 | ||||||
| 2019-12-28 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2019-12-28 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 149,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 92,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 129,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Multi-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. | |||
| 2019-09-07 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All 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. | ||
| 2019-09-07 | acquisition_addition | announced | 2019-07-19 | 2020-03-31 | South Africa | business_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. | ||||
| 2019-09-07 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2019-09-07 | restructuring | completed | 2014-02-13 | 2019-12-31 | Global | All segments | restructuring_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. | |||
| 2019-09-07 | restructuring | in_progress | 2019-02-15 | Global | All Segments | USD 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. | |||
| 2019-09-07 | restructuring | completed | 2014-02-13 | Global | All Segments | USD 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. | |||
| 2019-09-07 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 83,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 98,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 82,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe Sub-Saharan Africa [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia, Middle East and North Africa [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2019-09-07 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 65,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-07 | restructuring | in_progress | Share-based Compensation [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Multi-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. | |||
| 2019-06-15 | restructuring | completed | 2014-02-13 | 2019-12-31 | Multi-segment | USD 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. | |||
| 2019-06-15 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global (FLNA, QFNA, PBNA, LatAm, ESSA, AMENA, Corporate) | Multiple divisions; includes manufacturing footprint optimization and organization simplification | USD 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. | ||
| 2019-06-15 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple divisions; manufacturing automation, footprint optimization, shared services | restructuring_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. | |||
| 2019-06-15 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2019-06-15 | restructuring | completed | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2019-06-15 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2019-06-15 | restructuring | in_progress | Cost of Sales [Member] / 2019 Productivity Plan [Member] | USD 82,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Selling, General and Administrative Expenses [Member] / 2019 Productivity Plan [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Other pension and retiree medical benefits expense [Member] / 2019 Productivity Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | After-tax amount [Member] / 2019 Productivity Plan [Member] | USD 120,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Frito Lay North America [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Quaker Foods North America [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / PepsiCo Beverages North America [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Latin America [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Europe Sub-Saharan Africa [Member] | USD 53,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | 2019 Productivity Plan [Member] / Asia, Middle East and North Africa [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Corporate, Non-Segment [Member] / 2019 Productivity Plan [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Restructuring, 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 | ||||||
| 2019-06-15 | restructuring | in_progress | Employee Severance [Member] / 2019 Productivity Plan [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Asset Impairment [Member] / 2019 Productivity Plan [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Other Restructuring [Member] / 2019 Productivity Plan [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-15 | restructuring | in_progress | Share-based Compensation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-23 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Multi-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. | |||
| 2019-03-23 | restructuring | completed | 2014-02-13 | 2019-12-31 | Multi-segment | USD 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. | |||
| 2019-03-23 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | Enterprise-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. | ||
| 2019-03-23 | restructuring | completed | 2014-02-13 | 2019-12-31 | Global | Enterprise-wide | restructuring_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. | |||
| 2019-03-23 | acquisition_addition | completed | 2018-12-05 | 2018-12-05 | Global (recorded in ESSA segment) | ESSA | USD 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. | ||
| 2019-03-23 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2019-03-23 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All segments | USD 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. | ||
| 2019-03-23 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2019-03-23 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All segments | USD 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. | ||
| 2018-12-29 | restructuring | announced | 2019-02-15 | 2023 | All reportable segments and corporate | USD 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. | |||
| 2018-12-29 | restructuring | in_progress | 2014-02-13 | 2019 | All reportable segments and corporate | USD 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. | |||
| 2018-12-29 | restructuring | announced | 2019-02-15 | 2023-12-31 | Global | FLNA 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. | ||
| 2018-12-29 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA 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. | ||
| 2018-12-29 | acquisition_addition | completed | 2018-12-05 | 2018-12-05 | International (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. | ||
| 2018-12-29 | divestiture_reduction | completed | 2018-12-31 | 2018-12-31 | Thailand | Asia, Middle East and North Africa (AMENA) — beverage business | business_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. | |||
| 2018-12-29 | divestiture_reduction | completed | 2018-12-31 | 2018-12-31 | Czech Republic, Hungary and Slovakia (CHS) | Europe Sub-Saharan Africa (ESSA) — beverage bottling and snack distribution | business_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. | |||
| 2018-12-29 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All Segments | USD 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. | ||
| 2018-12-29 | restructuring | completed | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2018-12-29 | restructuring | in_progress | 2019-02-15 | 2023-12-31 | Global | All segments | USD 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. | ||
| 2018-12-29 | restructuring | in_progress | 2014-01-01 | 2019-12-31 | Global | All segments | USD 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. | ||
| 2018-12-29 | acquisition_addition | completed | 2018-12-05 | 2018-12-05 | Europe Sub-Saharan Africa | ESSA | USD 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. | ||
| 2018-09-08 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All segments and Corporate | USD 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. | ||
| 2018-09-08 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2018-09-08 | acquisition_addition | announced | 2018-08-20 | 2019-01-31 | Global | Beverages | USD 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. | ||
| 2018-09-08 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2018-09-08 | divestiture_reduction | completed | 2018-06-30 | 2018-06-30 | Thailand | AMENA | MD&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. | |||
| 2018-09-08 | divestiture_reduction | announced | 2018-03-31 | 2018-12-31 | Czech Republic, Hungary, Slovakia | ESSA | MD&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. | |||
| 2018-09-08 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2018-06-16 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | All segments and Corporate | USD 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. | |||
| 2018-06-16 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Consolidated (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 | ||
| 2018-06-16 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Divisions and Corporate | USD 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. | ||
| 2018-06-16 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Divisions and Corporate | USD 44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Year-to-date 2018 charges of $44M under the 2014 Productivity Plan. | ||
| 2018-06-16 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2018-03-24 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All segments and Corporate | USD 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. | ||
| 2018-03-24 | divestiture_reduction | announced | 2018-03-24 | 2018-12-31 | Czech Republic, Hungary, Slovakia | ESSA — beverage bottling and snack distribution | other 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. | |||
| 2018-03-24 | divestiture_reduction | completed | 2018-03-24 | Thailand | AMENA — beverage bottling operations | USD 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. | |||
| 2018-03-24 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All 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. | ||
| 2018-03-24 | divestiture_reduction | in_progress | 2018-01-01 | 2018-12-31 | Czech Republic, Hungary, Slovakia | ESSA — beverage bottling and snack distribution | other 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. | |||
| 2018-03-24 | divestiture_reduction | announced | 2018-03-24 | 2018-06-30 | Thailand | AMENA — beverage bottling | other 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. | |||
| 2018-03-24 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All segments | USD 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. | ||
| 2018-03-24 | other | completed | 2018-02-13 | United States | Corporate | MD&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. | ||||
| 2018-03-24 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2017-12-30 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multi-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. | ||
| 2017-12-30 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporate | USD 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. | ||
| 2017-12-30 | restructuring | in_progress | Global | Corporate and divisions | USD 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. | ||||
| 2017-12-30 | divestiture_reduction | completed | 2017-12-30 | Jordan | AMENA | other 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. | ||||
| 2017-12-30 | divestiture_reduction | announced | 2017-12-30 | 2018-12-31 | Thailand | AMENA | other 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. | |||
| 2017-12-30 | divestiture_reduction | announced | 2018-02-13 | 2018-12-31 | Czech Republic, Hungary and Slovakia | ESSA | subsequent_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. | |||
| 2017-12-30 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2017-12-30 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2017-09-09 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2017-09-09 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2017-09-09 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-09-09 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-09-09 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-06-17 | restructuring | in_progress | 2014-02-13 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||||
| 2017-06-17 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global (FLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporate) | Multiple segments and Corporate | USD 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 | ||
| 2017-06-17 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-06-17 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-06-17 | restructuring | in_progress | 2014-02-13 | Global | All Segments | USD 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. | |||
| 2017-03-25 | restructuring | in_progress | 2014-02-13 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||||
| 2017-03-25 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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 | ||
| 2017-03-25 | restructuring | in_progress | 2014-02-13 | 2017-12-31 | Global | Multiple Segments | USD 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. | ||
| 2017-03-25 | restructuring | in_progress | 2014-02-13 | Global | Multiple Segments | USD 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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | FLNA (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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | QFNA (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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | NAB (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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Latin America | USD 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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | ESSA (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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | AMENA (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. | |||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Corporate | USD 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. | |||
| 2016-12-31 | restructuring | completed | 2012-02-09 | 2016-12-31 | All segments | restructuring_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. | ||||
| 2016-12-31 | acquisition_addition | completed | NAB (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. | ||||||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporate | USD 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. | ||
| 2016-12-31 | restructuring | completed | 2012-02-09 | 2016-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA and Corporate | restructuring_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. | |||
| 2016-12-31 | restructuring | in_progress | Global | Latin America, ESSA, AMENA and Corporate | USD 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. | ||||
| 2016-12-31 | acquisition_addition | completed | United States | NAB | other 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. | |||||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | Global | Multiple segments | USD 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. | |||
| 2016-12-31 | restructuring | completed | 2012-02-09 | Global | Multiple segments | USD 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. | |||
| 2016-12-31 | other | completed | Global | Multiple segments | USD 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. | ||||
| 2016-12-31 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2016-09-03 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2016-09-03 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2016-09-03 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2016-09-03 | restructuring | completed | 2012-02-09 | 2016-12-31 | Global | NAB, Latin America, ESSA, AMENA, Corporate | restructuring_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. | |||
| 2016-09-03 | restructuring | in_progress | 2016-12-31 | Global | AMENA, Latin America, ESSA, Corporate | restructuring_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. | ||||
| 2016-09-03 | restructuring | in_progress | 2014-02-13 | 2017-12-31 | Global | Multiple 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. | ||
| 2016-09-03 | restructuring | completed | 2012-02-09 | 2016-12-31 | Global | Multiple segments | USD 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. | ||
| 2016-09-03 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2016-09-03 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | All Segments | USD 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. | ||
| 2016-06-11 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | USD 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. | ||||
| 2016-06-11 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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 | ||
| 2016-06-11 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | ESSA, AMENA, NAB, Corporate | restructuring_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 | |||
| 2016-06-11 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2016-06-11 | restructuring | completed | 2012-02-09 | 2016-12-31 | Global | All Segments | USD 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. | ||
| 2016-06-11 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2016-06-11 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | All Segments | USD 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. | ||
| 2016-03-19 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2016-03-19 | divestiture_reduction | completed | 2015-09-30 | Venezuela | Latin America | MD&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. | ||||
| 2016-03-19 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2016-03-19 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | NAB, ESSA, Corporate | restructuring_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. | |||
| 2016-03-19 | other | completed | 2015-09-30 | 2015-09-30 | Venezuela | Latin America — Venezuelan subsidiaries and beverage JV | MD&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. | |||
| 2016-03-19 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2016-03-19 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2016-03-19 | restructuring | completed | 2012-02-09 | 2016-12-31 | Global | Multiple 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. | ||
| 2015-12-26 | restructuring | in_progress | 2019 | FLNA (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | QFNA (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | NAB (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | Latin America | USD 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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | ESSA (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | AMENA (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2019 | Corporate | USD 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. | ||||
| 2015-12-26 | restructuring | completed | 2017 | NAB (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. | ||||
| 2015-12-26 | restructuring | completed | 2017 | Latin America | USD 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. | ||||
| 2015-12-26 | restructuring | completed | 2017 | ESSA (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. | ||||
| 2015-12-26 | restructuring | completed | 2017 | AMENA (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. | ||||
| 2015-12-26 | restructuring | completed | 2017 | Corporate | USD 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. | ||||
| 2015-12-26 | restructuring | completed | 2016 | Latin America | USD 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. | ||||
| 2015-12-26 | restructuring | completed | 2016 | ESSA (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. | ||||
| 2015-12-26 | restructuring | completed | 2016 | AMENA (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. | ||||
| 2015-12-26 | restructuring | completed | 2016 | Corporate | USD 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. | ||||
| 2015-12-26 | other | completed | 2015-09 | Venezuela | Latin 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. | |||
| 2015-12-26 | divestiture_reduction | completed | India | AMENA (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. | ||||
| 2015-12-26 | restructuring | in_progress | 2014 | 2019 | Global | All divisions (FLNA, QFNA, NAB, Latin America, ESSA, AMENA) and Corporate | USD 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%. | ||
| 2015-12-26 | restructuring | in_progress | 2012 | 2017 | Global | All divisions (FLNA, QFNA, NAB, Latin America, ESSA, AMENA) and Corporate | USD 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. | ||
| 2015-12-26 | restructuring | in_progress | 2015 | 2016 | Global | Latin America, ESSA, AMENA and Corporate | USD 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. | ||
| 2015-12-26 | plant_closure | completed | 2015 | 2015 | Quaker 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. | |||
| 2015-12-26 | divestiture_reduction | completed | 2015 | 2015 | India and Middle East | North America Beverages / AMENA beverage businesses | other 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. | |||
| 2015-12-26 | restructuring | in_progress | 2014-01-01 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-12-26 | restructuring | in_progress | 2012-01-01 | 2017-12-31 | Global | All Segments | USD 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. | ||
| 2015-12-26 | other | completed | 2015-01-01 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2015-12-26 | restructuring | in_progress | 2014-01-01 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-12-26 | restructuring | completed | 2012-01-01 | 2017-12-31 | Global | All Segments | USD 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. | ||
| 2015-12-26 | other | completed | 2015-01-01 | 2015-12-31 | Global | Various | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2015-09-05 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | |||
| 2015-09-05 | divestiture_reduction | completed | 2015-09-05 | Venezuela | Latin America | USD 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. | |||
| 2015-09-05 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | FLNA, QFNA, NAB, Latin America, ESSA, AMENA, Corporate | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | Global | Latin America, ESSA, AMENA, Corporate | USD 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. | ||||
| 2015-09-05 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | All Segments | USD 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. | ||
| 2015-09-05 | other | completed | 2015-09-05 | Venezuela | Latin America | USD 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. | |||
| 2015-09-05 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | 2012-02-09 | 2016-12-31 | Global | All Segments | USD 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. | ||
| 2015-09-05 | restructuring | in_progress | Global | Corporate, Latin America, ESSA, AMENA | USD 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. | ||||
| 2015-06-13 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA 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. | |||
| 2015-06-13 | restructuring | in_progress | 2012-02-09 | FLNA 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. | ||||
| 2015-06-13 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2015-06-13 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2015-06-13 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2015-06-13 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | Multiple 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. | ||
| 2015-06-13 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-06-13 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2015-03-21 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | FLNA 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. | |||
| 2015-03-21 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | FLNA 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. | |||
| 2015-03-21 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2015-03-21 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | FLNA, PAB, Europe, Corporate | USD 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. | ||
| 2015-03-21 | other | in_progress | Venezuela | LAF, 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. | |||||
| 2015-03-21 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2015-03-21 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | Multiple 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. | ||
| 2015-03-21 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2015-03-21 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2014-12-27 | restructuring | in_progress | 2014-02-13 | 2019 | Global | All 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. | ||
| 2014-12-27 | restructuring | in_progress | 2012-02-09 | 2015 | Global | All 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. | ||
| 2014-12-27 | restructuring | in_progress | 2014 | Latin America, Europe, Asia/Middle East/Africa | LAF ($11M), Europe ($26M), AMEA ($30M) charge allocation | USD 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. | |||
| 2014-12-27 | restructuring | in_progress | 2014-02-13 | Global | FLNA 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. | |||
| 2014-12-27 | restructuring | in_progress | 2012-02-09 | Global | FLNA 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. | |||
| 2014-12-27 | restructuring | completed | Global (primarily LAF, Europe, AMEA) | LAF $11 million, Europe $26 million, AMEA $30 million | USD 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. | ||||
| 2014-12-27 | voluntary_separation | completed | 2014-12-31 | United States | Corporate (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. | |||
| 2014-12-27 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2014-12-27 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2014-12-27 | restructuring | completed | Global | Various | USD 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. | ||||
| 2014-12-27 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2014-12-27 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2014-12-27 | restructuring | completed | 2014-10-01 | 2014-12-31 | United States | Corporate | USD 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. | ||
| 2014-09-06 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | All segments and corporate | USD 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. | |||
| 2014-09-06 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | All segments and corporate | USD 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. | |||
| 2014-09-06 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2014-09-06 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | FLNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2014-09-06 | restructuring | in_progress | 2014-02-13 | 2019-12-31 | Global | Multiple 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. | ||
| 2014-09-06 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | Multiple 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. | ||
| 2014-09-06 | restructuring | in_progress | 2014-02-13 | Global | Multiple 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. | |||
| 2014-09-06 | restructuring | in_progress | 2012-02-09 | Global | Multiple 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. | |||
| 2014-06-14 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All segments | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | FLNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | Multiple 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. | ||
| 2014-06-14 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | Multiple 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. | ||
| 2014-06-14 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2014-06-14 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-03-22 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | FLNA, QFNA, LAF, PAB, Europe, AMEA, Corporate | USD 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. | |||
| 2014-03-22 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | FLNA, PAB, AMEA, Corporate, LAF, Europe | USD 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. | |||
| 2014-03-22 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | Consolidated (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. | ||
| 2014-03-22 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | Consolidated (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. | ||
| 2014-03-22 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All segments | USD 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. | ||
| 2014-03-22 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2014-03-22 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2014-03-22 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Segments | USD 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. | ||
| 2013-12-28 | restructuring | announced | 2014-02-13 | 2018-12-31 | Global | All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA) and corporate | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All segments (FLNA, QFNA, LAF, PAB, Europe, AMEA) and corporate | USD 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. | ||
| 2013-12-28 | divestiture_reduction | completed | 2013-06 | 2013-06 | Vietnam | AMEA — beverage bottling operations | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All 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. | ||
| 2013-12-28 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All 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. | ||
| 2013-12-28 | divestiture_reduction | completed | Vietnam | PAB — beverage bottling operations | other 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. | |||||
| 2013-12-28 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All Divisions | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All Divisions | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | 2014-02-13 | 2018-12-31 | Global | All segments | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | restructuring_footnote f5-10k / no-ai-xblr | ||||||||
| 2013-09-07 | restructuring | in_progress | 2015-12-31 | All 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. | ||||
| 2013-09-07 | restructuring | in_progress | 2015-12-31 | All 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. | ||||
| 2013-09-07 | restructuring | in_progress | 2013-12-31 | Europe | Europe 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. | |||
| 2013-09-07 | restructuring | in_progress | 2015-12-31 | Global | All 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. | |||
| 2013-09-07 | restructuring | in_progress | 2013-12-31 | Europe | Europe (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. | |||
| 2013-09-07 | divestiture_reduction | completed | Vietnam | PAB — Vietnam bottling operations | other 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. | |||||
| 2013-09-07 | restructuring | in_progress | Global | All Segments | USD 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. | ||||
| 2013-09-07 | restructuring | in_progress | Europe | Europe | USD 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. | ||||
| 2013-09-07 | restructuring | in_progress | 2015-12-31 | Global | All Segments | USD 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. | |||
| 2013-09-07 | restructuring | in_progress | 2013-12-31 | Europe | Europe | USD 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. | |||
| 2013-09-07 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-06-15 | restructuring | in_progress | 2015-12-31 | All 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. | ||||
| 2013-06-15 | restructuring | in_progress | 2015-12-31 | All 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. | ||||
| 2013-06-15 | other | completed | 2012-03-31 | China | Beverage 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. | |||
| 2013-06-15 | divestiture_reduction | completed | Vietnam | Beverage 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. | ||||
| 2013-06-15 | restructuring | in_progress | 2015 | Global | All divisions | USD 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. | |||
| 2013-06-15 | divestiture_reduction | completed | 2013-06-15 | Vietnam | PAB / AMEA beverage bottling operations | other 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. | ||||
| 2013-06-15 | restructuring | in_progress | 2015-12-31 | Global | All segments | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | Global | All segments | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | FLNA | FLNA | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | QFNA | QFNA | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | LAF | LAF | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | PAB | PAB | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | Europe | Europe | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | AMEA | AMEA | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | 2013-12-31 | Corporate | Corporate | USD 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. | |||
| 2013-06-15 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-03-23 | restructuring | in_progress | 2015-12-31 | All 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. | ||||
| 2013-03-23 | restructuring | in_progress | 2013-12-31 | Europe | Europe | USD 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. | |||
| 2013-03-23 | restructuring | in_progress | 2015-12-31 | Global | Enterprise-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. | |||
| 2013-03-23 | divestiture_reduction | completed | 2013-04 | 2013-04 | Vietnam | Beverage bottling operations | other 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. | |||
| 2013-03-23 | restructuring | in_progress | 2013-12-31 | Global | Multiple 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. | |||
| 2013-03-23 | restructuring | in_progress | 2013-12-31 | Europe | Europe | USD 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). | |||
| 2013-03-23 | restructuring | in_progress | 2013-12-31 | Global | All Segments | USD 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. | |||
| 2013-03-23 | restructuring | in_progress | 2013-12-31 | Europe | Europe | USD 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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | North America | FLNA (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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | North America | QFNA (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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | Latin America | LAF (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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | North America and Latin America | PAB (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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | Europe | Europe | USD 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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | Asia, Middle East and Africa | AMEA | USD 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. | |||
| 2012-12-29 | restructuring | in_progress | 2015 | Global | Corporate unallocated | USD 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. | |||
| 2012-12-29 | divestiture_reduction | completed | 2012-03-31 | 2012-03-31 | China | AMEA — beverage bottling operations | USD 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. | ||
| 2012-12-29 | restructuring | in_progress | Global | FLNA | USD 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. | ||||
| 2012-12-29 | restructuring | in_progress | Global | QFNA | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Productivity Plan charges recorded in QFNA during fiscal 2012. | ||||
| 2012-12-29 | restructuring | in_progress | Latin America | LAF | USD 50 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Productivity Plan charges recorded in LAF during fiscal 2012. | ||||
| 2012-12-29 | restructuring | in_progress | North America and Latin America | PAB | USD 102 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Productivity Plan charges recorded in PAB during fiscal 2012. | ||||
| 2012-12-29 | restructuring | in_progress | Europe | Europe | USD 42 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Productivity Plan charges recorded in Europe during fiscal 2012. | ||||
| 2012-12-29 | restructuring | in_progress | Asia, Middle East and Africa | AMEA | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Productivity Plan charges recorded in AMEA during fiscal 2012. | ||||
| 2012-12-29 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2012-12-29 | voluntary_separation | completed | 2012-10-01 | 2012-12-31 | United States | Corporate | USD 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. | ||
| 2012-12-29 | restructuring | completed | 2012-03-31 | 2012-12-29 | China | AMEA | USD 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. | ||
| 2012-12-29 | restructuring | completed | 2012-12-29 | Europe | Europe | USD 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. | |||
| 2012-12-29 | restructuring | completed | 2012-01-01 | 2012-12-29 | Global | All Divisions | USD 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. | ||
| 2012-12-29 | restructuring | completed | 2012-01-01 | 2012-12-29 | Asia, Middle East and Africa | AMEA | USD 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. | ||
| 2012-12-29 | restructuring | in_progress | 2015-12-31 | Global | All segments | USD 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. | |||
| 2012-12-29 | restructuring | completed | Asia, Middle East and Africa | AMEA | USD 150 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges related to transaction with Tingyi. Employee count not disclosed. | ||||
| 2012-12-29 | restructuring | in_progress | USD 176,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2012-09-08 | restructuring | in_progress | 2015-12-31 | FLNA, QFNA, LAF, PAB, AMEA, Corporate unallocated | USD 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. | ||||
| 2012-09-08 | restructuring | completed | 2012-03-31 | China | Bottling operations contributed to Tingyi-Asahi Beverages Holding | USD 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. | |||
| 2012-09-08 | acquisition_addition | completed | 2011-02-03 | 2011-09-30 | Russia | Wimm-Bill-Dann Foods OJSC | USD 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. | ||
| 2012-09-08 | restructuring | in_progress | 2012-12-31 | Global | All 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. | |||
| 2012-09-08 | restructuring | in_progress | 2012-03-31 | China | AMEA — Beverages | USD 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. | |||
| 2012-09-08 | restructuring | in_progress | 2015-12-31 | Global | All segments | USD 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. | |||
| 2012-09-08 | restructuring | in_progress | China | Asia, Middle East & Africa | USD 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. | ||||
| 2012-09-08 | restructuring | in_progress | Europe | Europe | USD 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. | ||||
| 2012-09-08 | restructuring | in_progress | 2015-12-31 | Global | All segments | USD 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. | |||
| 2012-09-08 | restructuring | completed | 2012-03-31 | 2012-03-31 | China | Asia, 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. | ||
| 2012-09-08 | restructuring | in_progress | 2012-12-31 | Europe | Europe | USD 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. | |||
| 2012-09-08 | restructuring | in_progress | USD 163,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-09-08 | restructuring | in_progress | Tingyi [Member] | USD 163,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-16 | restructuring | in_progress | 2012-02-01 | 2012-12-31 | FLNA, QFNA, LAF, PAB, AMEA, Corporate Unallocated | USD 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. | |||
| 2012-06-16 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | FLNA, QFNA, LAF, PAB, AMEA, Corporate Unallocated | USD 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. | |||
| 2012-06-16 | restructuring | completed | 2012-03-31 | China | AMEA | USD 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. | |||
| 2012-06-16 | restructuring | in_progress | 2012-02-09 | 2015-12-31 | Global | All divisions | USD 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. | ||
| 2012-06-16 | restructuring | completed | 2012-03-31 | 2012-03-31 | China | PAB / AMEA — beverage bottling operations | USD 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. | ||
| 2012-06-16 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2012-06-16 | restructuring | completed | 2012-03-31 | 2012-03-31 | China | Asia, 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. | ||
| 2012-06-16 | restructuring | in_progress | 2011-02-01 | 2011-12-31 | Global | Europe and Corporate | USD 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. | ||
| 2012-06-16 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2012-06-16 | restructuring | completed | 2012-03-31 | 2012-03-31 | China | Asia, Middle East & Africa | USD 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. | ||
| 2012-06-16 | restructuring | in_progress | 2010-12-01 | 2012-12-31 | Global | Europe, Corporate | USD 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. | ||
| 2012-06-16 | restructuring | in_progress | Tingyi [Member] | USD 163,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2012-12-31 | FLNA, QFNA, LAF, PAB, AMEA, Europe, Corporate | USD 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. | |||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Company-wide | USD 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. | |||
| 2012-03-24 | other | completed | 2012-03-31 | 2012-03-31 | China | PAB (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. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-09 | 2012-12-31 | Global | All 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. | ||
| 2012-03-24 | acquisition_addition | completed | 2011-02-03 | 2011-09-30 | Russian Federation | Europe | USD 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. | ||
| 2012-03-24 | divestiture_reduction | completed | 2011-10-01 | 2011-12-31 | Mexico | PAB | MD&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. | |||
| 2012-03-24 | other | announced | 2012-03-31 | 2012-03-31 | China | PAB | USD 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. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | FLNA | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | QFNA | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | LAF | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | PAB | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | AMEA | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | Europe | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Income representing adjustments of previously recorded amounts. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | Corporate Unallocated | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Income representing adjustments of previously recorded amounts. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | FLNA | Frito-Lay North America | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | QFNA | Quaker Foods North America | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | LAF | Latin America Foods | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | PAB | PepsiCo Americas Beverages | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | AMEA | Asia, Middle East & Africa | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Europe | Europe | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. Negative value represents income/adjustment of previously recorded amounts. | ||
| 2012-03-24 | restructuring | in_progress | 2012-02-01 | 2015-12-31 | Corporate | Corporate Unallocated | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Component of Productivity Plan. Negative value represents income/adjustment of previously recorded amounts. | ||
| 2012-03-24 | restructuring | in_progress | 2012-12-31 | Europe | Europe | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Merger and integration charges related to WBD acquisition. Employee count not disclosed. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | North America | Frito-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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | North America | Quaker 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Latin America | Latin 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | North America and Latin America | PepsiCo 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Europe | Europe | USD 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Asia, Middle East and Africa | Asia, 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Global | Corporate unallocated | USD 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. | |||
| 2011-12-31 | restructuring | completed | 2011-12-31 | Americas and Europe | PAB ($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. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-02-03 | 2011-09 | Russia | Europe | business_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. | |||
| 2011-12-31 | divestiture_reduction | completed | Mexico | PepsiCo 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. | |||||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Global | Frito-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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Global | Quaker 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Latin America | Latin 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Americas | PepsiCo 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Europe | PepsiCo Europe | USD 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Asia, Middle East & Africa | AMEA | USD 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. | |||
| 2011-12-31 | restructuring | in_progress | 2012-12-31 | Global | Corporate unallocated expenses | USD 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. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-02-03 | 2011-09-30 | Russia | PepsiCo Europe | business_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. | |||
| 2011-12-31 | divestiture_reduction | completed | 2011-12-31 | Mexico | PepsiCo 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. | ||||
| 2011-12-31 | restructuring | in_progress | 2011-01-01 | 2015-12-31 | Global | All segments and corporate | USD 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. | ||
| 2011-12-31 | acquisition_addition | completed | 2011-02-03 | Russia | Europe | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Wimm-Bill-Dann Foods OJSC (WBD). Employee count not disclosed. | ||||
| 2011-12-31 | restructuring | in_progress | 2011-01-01 | 2015-12-31 | Global | All segments | USD 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. | ||
| 2011-12-31 | restructuring | in_progress | USD 383,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-12-31 | restructuring | in_progress | Corporate Unallocated [Member] | USD 74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Europe [Member] | USD 77,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Frito Lay North America [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Latin America Foods [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Pepsico Americas Beverages [Member] | USD 81,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Pepsico Asia Middle East And Africa [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Productivity Plan Activity [Member] | USD 383,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Quaker Foods North America [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 327,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Stock Compensation Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] / Corporate Unallocated [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] / Europe [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] / Frito Lay North America [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] / Latin America Foods [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Other Costs [Member] / Pepsico Americas Beverages [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Productivity Plan Activity [Member] / Other Costs [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Productivity Plan Activity [Member] / Employee Severance [Member] | USD 327,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Corporate Unallocated [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Europe [Member] | USD 65,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Frito Lay North America [Member] | USD 74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Latin America Foods [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Pepsico Americas Beverages [Member] | USD 75,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Pepsico Asia Middle East And Africa [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] / Quaker Foods North America [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-03 | restructuring | in_progress | 2011-12-31 | PAB, Europe, corporate unallocated, interest expense | USD 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. | ||||
| 2011-09-03 | acquisition_addition | completed | 2011-02-03 | 2011-09-30 | Russia | Europe | business_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. | |||
| 2011-09-03 | restructuring | in_progress | 2011-12-31 | Global | PAB, Europe, Corporate | USD 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. | |||
| 2011-09-03 | restructuring | in_progress | 2011-12-31 | Global | Corporate, PAB, Europe | USD 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. | |||
| 2011-09-03 | restructuring | in_progress | 2011-12-31 | Global | Corporate, PAB, Europe | USD 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. | |||
| 2011-09-03 | restructuring | in_progress | 2011-12-31 | Global | Corporate, PAB, Europe | USD 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. | |||
| 2011-06-11 | acquisition_addition | completed | 2010-12-01 | 2011-02-03 | Russia | Europe | business_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. | |||
| 2011-06-11 | acquisition_addition | completed | 2011-03-10 | 2011-05-19 | Russia | Europe | business_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. | |||
| 2011-06-11 | acquisition_addition | announced | 2011-06-30 | 2011-09-15 | Russia | Europe | business_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. | |||
| 2011-06-11 | restructuring | in_progress | 2011-12-31 | United States; Europe; Russia | PAB; Europe; Corporate Unallocated | USD 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. | |||
| 2011-06-11 | restructuring | in_progress | 2011-12-31 | Global | Corporate Unallocated, PAB, Europe | USD 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. | |||
| 2011-03-19 | restructuring | in_progress | Corporate (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. | |||||
| 2011-03-19 | restructuring | in_progress | 2011-12-31 | USD 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. | |||||
| 2011-03-19 | restructuring | in_progress | 2011-12-31 | Global | Corporate Unallocated, PAB, Europe | USD 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. | |||
| 2010-12-25 | acquisition_addition | completed | 2009-08-03 | United States, Canada, Mexico, Europe | PAB and Europe segments | business_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. | ||||
| 2010-12-25 | restructuring | in_progress | 2,370 | 2010-02-26 | 2011-12-31 | PAB; Europe; Corporate unallocated | USD 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. | ||
| 2010-12-25 | acquisition_addition | announced | 2010-12-01 | 2011-03-11 | Russia | subsequent_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. | ||||
| 2010-12-25 | restructuring | in_progress | 2,370 | 2010-02-26 | 2011-12-31 | Global | PAB, Europe and corporate unallocated | USD 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). | |
| 2010-12-25 | acquisition_addition | completed | 2010-02-26 | 2010-02-26 | United States, Canada, Mexico, Europe (including Russia) | PAB and Europe segments | business_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. | |||
| 2010-12-25 | acquisition_addition | announced | 2011-02-03 | 2011-03-11 | Russia | Europe segment | subsequent_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. | |||
| 2010-12-25 | restructuring | completed | 2,370 | 2010-01-01 | 2011-12-31 | Global | Multiple 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. | |
| 2010-12-25 | restructuring | completed | 410 | 2008-01-01 | 2010-12-31 | Global | All divisions | USD 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. | |
| 2010-12-25 | restructuring | completed | 410 | 2008-01-01 | 2009-06-30 | Global | All divisions | USD 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. | |
| 2010-12-25 | restructuring | completed | 3,500 | 2008-01-01 | 2008-12-31 | Global | All divisions | USD 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. | |
| 2010-12-25 | restructuring | in_progress | 2010-02-26 | 2011-12-31 | Global | PAB, Europe, Corporate | USD 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. | ||
| 2010-09-04 | restructuring | in_progress | 1,140 | 2011-12-31 | PAB, Europe, Corporate | USD 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. | |||
| 2010-09-04 | acquisition_addition | completed | 2010-02-26 | United States, Canada, Mexico, Europe, Russia | PAB, Europe | business_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. | ||||
| 2010-09-04 | restructuring | in_progress | 1,140 | 2010-01-01 | 2011-12-31 | United States, Europe | PAB, Europe, Corporate | USD 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. | |
| 2010-09-04 | restructuring | in_progress | 1,140 | 2010-02-26 | 2011-12-31 | Global | PBG/PAS Integration | USD 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. | |
| 2010-09-04 | restructuring | in_progress | 2010-02-26 | 2011-12-31 | Global | PAB, Europe, Corporate | USD 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. | ||
| 2010-09-04 | restructuring | completed | 2009-01-01 | 2009-06-30 | Global | All Divisions | USD 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. | ||
| 2010-06-12 | restructuring | in_progress | 990 | 2010-02-26 | 2011-12-31 | Primarily PAB segment; also Europe segment and corporate unallocated | USD 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. | ||
| 2010-06-12 | restructuring | in_progress | 990 | 2010-02-26 | 2011-12-31 | United States, Canada, Mexico, Europe (including Russia) | PAB, Europe and corporate unallocated | USD 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. | |
| 2010-06-12 | acquisition_addition | completed | 2010-02-26 | United States, Canada, Mexico, Europe (including Russia) | PAB and Europe | business_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. | ||||
| 2010-06-12 | restructuring | in_progress | 990 | 2010-02-26 | 2011-12-31 | Global | PBG/PAS Merger and Integration | USD 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. | |
| 2010-06-12 | restructuring | in_progress | 990 | 2010-02-26 | 2011-12-31 | Global | PAB, Europe, Corporate | USD 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. | |
| 2010-03-20 | restructuring | in_progress | 345 | 2009-08-03 | 2011-12-31 | PAB 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. | ||
| 2010-03-20 | restructuring | in_progress | 345 | 2010-02-26 | 2011-12-31 | Global | Multiple (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. | |
| 2010-03-20 | acquisition_addition | completed | 2010-02-26 | 2010-02-26 | United States, Canada, Mexico, Europe, Russia | PAB, Europe | business_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. | |||
| 2010-03-20 | restructuring | in_progress | 345 | 2010-02-26 | 2011-12-31 | Global | Corporate Unallocated, PAB, Europe | USD 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. | |
| 2010-03-20 | restructuring | in_progress | 345 | 2010-02-26 | 2011-12-31 | Global | Corporate Unallocated, PAB, Europe | USD 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. | |
| 2009-12-26 | restructuring | completed | 410 | 2008 | 2009-06 | All 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. | ||
| 2009-12-26 | acquisition_addition | announced | 2009-08-03 | 2010-02 | United States, Canada, Mexico; Europe (including Russia) | New North American bottling operating unit within PAB; current PBG/PAS European operations to be managed by Europe division | USD 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. | ||
| 2009-12-26 | restructuring | completed | 410 | 2009-06-30 | Global | All 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. | ||
| 2009-12-26 | plant_closure | completed | 2009-06-30 | Global | All divisions | restructuring_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. | ||||
| 2009-12-26 | acquisition_addition | announced | 2009-08-03 | 2010-02-28 | United States, Canada, Mexico, Europe (including Russia) | PepsiCo Americas Beverages (new bottling operating unit); Europe division | subsequent_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. | |||
| 2009-12-26 | restructuring | completed | 410 | 2008-01-01 | 2009-06-30 | Global | All divisions | USD 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. | |
| 2009-12-26 | restructuring | completed | 410 | 2008-01-01 | 2009-06-30 | Global | All divisions | USD 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. | |
| 2009-09-05 | restructuring | completed | 410 | 2008-12 | 2009-06 | All divisions | All divisions | USD 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. | |
| 2009-09-05 | restructuring | completed | 410 | 2009-06-30 | Global | All 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). | ||
| 2009-09-05 | acquisition_addition | announced | 2009-08-03 | North America | Bottling 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). | ||||
| 2009-09-05 | restructuring | in_progress | 410 | 2008-10-01 | 2010-12-31 | Global | All Divisions | USD 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. | |
| 2009-09-05 | restructuring | in_progress | 410 | 2008-10-01 | 2010-12-31 | Global | All divisions | USD 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. | |
| 2009-06-13 | restructuring | completed | 410 | 2008-12-27 | 2009-06-13 | All divisions | USD 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. | ||
| 2009-06-13 | restructuring | completed | 40 | 2008-12-27 | 2009-06-13 | PAB, Europe, AMEA | USD 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). | ||
| 2009-06-13 | plant_closure | completed | 2008-12-27 | 2009-06-13 | All divisions | USD 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. | |||
| 2009-06-13 | restructuring | completed | 410 | 2008-12-27 | 2009-06-13 | Global | All divisions | USD 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. | |
| 2009-06-13 | restructuring | completed | 40 | 2008-12-27 | 2009-06-13 | Global | All divisions | USD 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. | |
| 2009-06-13 | restructuring | completed | 410 | 2008-10-01 | 2010-12-31 | Global | All divisions | USD 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. | |
| 2009-06-13 | restructuring | in_progress | 40 | 2008-10-01 | 2010-12-31 | Global | All Divisions | USD 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. | |
| 2009-06-13 | restructuring | in_progress | 410 | 2008-10-01 | 2010-12-31 | Global | All Divisions | USD 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. | |
| 2009-03-21 | restructuring | in_progress | 370 | 2009-06-30 | All divisions | USD 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. | |||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | FLNA | USD 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. | ||||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | QFNA | USD 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. | ||||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | LAF | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | All $3 million in severance and other employee costs. | ||||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | PAB | USD 13 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | $5 million severance and other employee costs plus $8 million other costs. | ||||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | Europe | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | All $3 million in severance and other employee costs. | ||||
| 2009-03-21 | restructuring | in_progress | 2009-06-30 | AMEA | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | All $3 million in severance and other employee costs. | ||||
| 2009-03-21 | restructuring | in_progress | 370 | 2009-06-30 | Global | All 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) | ||
| 2009-03-21 | restructuring | in_progress | 370 | 2010-12-31 | Global | All divisions | USD 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. | ||
| 2009-03-21 | restructuring | in_progress | 370 | 2010-12-31 | Global | All divisions | USD 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. | ||
| 2008-12-27 | restructuring | in_progress | 3,500 | 2008 | 2009-12-31 | Global | All 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). | |
| 2008-12-27 | acquisition_addition | completed | 2008 | Russia | UKEU (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. | ||||
| 2008-12-27 | acquisition_addition | completed | 2008 | Serbia | Snacks | MD&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. | ||||
| 2008-12-27 | restructuring | in_progress | 3,500 | 2009-12-31 | Worldwide | All 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. | ||
| 2008-12-27 | plant_closure | in_progress | 2009-12-31 | Worldwide | All divisions | restructuring_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. | ||||
| 2008-12-27 | acquisition_addition | completed | Russia | Juice 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. | |||||
| 2008-12-27 | acquisition_addition | completed | Serbia | Snacks (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. | |||||
| 2008-12-27 | acquisition_addition | completed | United Kingdom | Beverages (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. | |||||
| 2008-12-27 | restructuring | completed | 3,500 | 2008-12-27 | 2009-12-31 | Global | All Divisions | USD 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. | |
| 2008-12-27 | restructuring | in_progress | 3,500 | 2008-12-27 | 2009-12-31 | Global | All divisions | USD 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. | |
| 2008-09-06 | restructuring | announced | 3,300 | 2008-10-14 | 2009-03-31 | Global | All segments | USD 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. | |
| 2008-09-06 | restructuring | announced | 3,300 | 2008-10-14 | 2009-03-31 | Global | All segments | USD 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. | |
| 2008-09-06 | restructuring | announced | 3,300 | 2008-10-14 | 2009-03-31 | Global | All segments | USD 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. | |
| 2008-09-06 | restructuring | announced | 3,300 | 2008-10-14 | 2009-03-31 | Global | All segments | USD 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. | |
| 2007-12-29 | restructuring | in_progress | 1,100 | 2007 | 2008-12-31 | North America and international | FLNA, PBNA and PI | USD 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. | |
| 2007-12-29 | restructuring | in_progress | 1,100 | 2008-12-31 | United States; International | FLNA, PBNA and PI | USD 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. | ||
| 2007-12-29 | acquisition_addition | completed | United States; Latin America; Europe; New Zealand | PBNA, FLNA, PI | USD 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. | ||||
| 2007-12-29 | restructuring | completed | 1,100 | 2007-12-29 | 2008-12-31 | Global | FLNA, PBNA, PI | USD 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. | |
| 2007-12-29 | restructuring | completed | 1,100 | 2007-12-29 | 2008-12-31 | Global | FLNA, PBNA, PI | USD 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. | |
| 2006-12-30 | plant_closure | in_progress | 380 | 2006 | 2007-12-31 | United States | Frito-Lay North America | USD 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. | |
| 2006-12-30 | plant_closure | in_progress | 380 | 2007-12-31 | United States | Frito-Lay North America | USD 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. | ||
| 2006-12-30 | acquisition_addition | completed | Europe; Australia | PepsiCo International | MD&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. | |||||
| 2006-12-30 | acquisition_addition | completed | 2007-03-31 | United States | PepsiCo Beverages North America | MD&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. | ||||
| 2006-12-30 | restructuring | completed | 380 | 2006-12-30 | 2007-12-31 | United States | Frito-Lay North America | USD 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. | |
| 2006-12-30 | restructuring | completed | 380 | 2006-12-30 | 2007-12-31 | United States | Frito-Lay North America | USD 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. | |
| 2006-12-30 | restructuring | completed | 700 | 2005-12-31 | 2005-12-31 | Global | Corporate, FLNA, PBNA, PI | USD 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. | |
| 2005-12-31 | restructuring | completed | 700 | 2005 | FLNA, 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. | |||
| 2005-12-31 | restructuring | completed | 700 | Worldwide | Consolidated (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. | |||
| 2005-12-31 | acquisition_addition | completed | Europe | PepsiCo 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. | |||||
| 2005-12-31 | acquisition_addition | completed | United States | Frito-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. | |||||
| 2005-12-31 | restructuring | completed | 700 | 2005-12-31 | 2006-12-31 | Global | Operations | USD 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. | |
| 2005-12-31 | restructuring | completed | 700 | 2005-10-01 | 2006-12-31 | Worldwide | Operations | USD 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. | |
| 2005-09-03 | acquisition_addition | completed | Europe | PepsiCo 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. | ||||
| 2005-03-19 | restructuring | in_progress | 2004-12-25 | North America | FLNA manufacturing network | USD 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. | |||
| 2005-03-19 | restructuring | in_progress | 2004-10-01 | North America | Frito-Lay North America | USD 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. | |||
| 2004-12-25 | restructuring | completed | 700 | 2004 | 2006-06 | United States | Frito-Lay North America — manufacturing network | USD 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. | |
| 2004-12-25 | restructuring | completed | 700 | 2006-06-30 | United States | Frito-Lay North America | USD 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). | ||
| 2004-12-25 | restructuring | completed | 700 | 2004-10-01 | 2006-06-30 | United States | Frito-Lay North America | USD 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. | |
| 2004-12-25 | restructuring | completed | 850 | 2003-10-01 | 2004-12-25 | North America and International | North American Divisions and PepsiCo International | USD 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. | |
| 2004-12-25 | restructuring | completed | 700 | 2004-10-01 | 2006-06-30 | United States | Frito-Lay North America | USD 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. | |
| 2004-09-04 | plant_closure | announced | 780 | 2004-09-30 | 2004-10-31 | North America | Frito-Lay North America | USD 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. | |
| 2004-09-04 | restructuring | completed | 2003-12-27 | North America and International | North American divisions and PepsiCo International | USD 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. | |||
| 2004-09-04 | plant_closure | announced | 780 | 2004-09-30 | 2004-10 | United States | Frito-Lay North America | USD 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. | |
| 2004-09-04 | plant_closure | announced | 780 | 2004-09-30 | 2004-10-31 | North America | Frito-Lay North America | USD 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. | |
| 2004-09-04 | restructuring | announced | 780 | 2004-09-30 | 2004-10-31 | North America | Frito-Lay North America | USD 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. | |
| 2004-06-12 | restructuring | completed | 2003-12-27 | North America and International | North American divisions and PepsiCo International | USD 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. | |||
| 2004-06-12 | restructuring | completed | North America; PepsiCo International | North American divisions and PepsiCo International | USD 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. | ||||
| 2004-06-12 | restructuring | completed | 2003-10-01 | North America and International | Frito-Lay North America, PepsiCo Beverages North America, PepsiCo International | USD 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. | |||
| 2004-03-20 | restructuring | in_progress | North America and PepsiCo International | North American divisions and PepsiCo International | USD 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. | ||||
| 2004-03-20 | restructuring | in_progress | 2003-10-01 | North America; International | North American divisions and PepsiCo International | USD 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. | |||
| 2004-03-20 | restructuring | in_progress | 2003-10-01 | North America and International | Corporate and Divisions | USD 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. | |||
| 2003-12-27 | plant_closure | in_progress | United States (Kentucky; Maryland; Arkansas) | Frito-Lay North America (FLNA) — snack supply chain | USD 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. | ||||
| 2003-12-27 | plant_closure | in_progress | United 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. | ||||
| 2003-12-27 | restructuring | in_progress | 850 | North American divisions (PBNA, FLNA) and PepsiCo International; sales, distribution, manufacturing, research and marketing employees | USD 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. | ||||
| 2003-12-27 | restructuring | in_progress | Quaker Oats merger integration | USD 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. | |||||
| 2003-12-27 | divestiture_reduction | completed | Quaker Foods North America — Mission pasta business | other f5-10k / GLM-5.3-flash-HTML | Mission pasta business sold during fiscal 2003; headcount impact of the divestiture was not disclosed. | ||||||
| 2003-12-27 | restructuring | in_progress | 850 | 2003-10-01 | 2004-03-31 | United States and international (PepsiCo International) | PBNA, PI and FLNA — sales, distribution, manufacturing, research and marketing | USD 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. | |
| 2003-12-27 | divestiture_reduction | completed | North America | Quaker Foods North America — Mission pasta business | MD&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. | |||||
| 2003-12-27 | restructuring | in_progress | 850 | 2003-10-01 | 2004-03-31 | North America and International | Sales, Distribution, Manufacturing, Research and Marketing | USD 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). | |
| 2003-12-27 | restructuring | in_progress | 850 | 2003-10-01 | 2004-03-31 | North America and International | Sales, distribution, manufacturing, research and marketing | USD 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. | |
| 2003-09-06 | restructuring | in_progress | Quaker Oats Company merger integration | USD 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. | |||||
| 2003-09-06 | restructuring | in_progress | Global | Corporate / Integration | USD 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. | ||||
| 2003-09-06 | restructuring | in_progress | USD 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. | ||||||
| 2003-06-14 | restructuring | in_progress | United States | Enterprise (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. | ||||
| 2003-06-14 | divestiture_reduction | completed | United States | Quaker 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. | |||||
| 2003-06-14 | restructuring | in_progress | USD 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. | ||||||
| 2003-06-14 | restructuring | in_progress | USD 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. | ||||||
| 2003-03-22 | restructuring | in_progress | Quaker 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. | |||||
| 2003-03-22 | divestiture_reduction | completed | North America | Quaker Foods North America - Mission pasta business | USD 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. | ||||
| 2003-03-22 | restructuring | in_progress | United States | Quaker Oats Company merger integration | USD 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. | ||||
| 2003-03-22 | restructuring | in_progress | Global | Quaker Integration | USD 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. | ||||
| 2003-03-22 | divestiture_reduction | completed | North America | Quaker Foods North America | MD&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. | |||||
| 2003-03-22 | restructuring | in_progress | USD 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. | ||||||
| 2003-03-22 | other | in_progress | Venezuela | PepsiCo International | MD&A f5-10q / Qwen3.6-27B-Q8_0 | National strike in Venezuela caused double-digit declines in volume. | |||||
| 2002-12-28 | restructuring | in_progress | 1,100 | 2001-08-02 | 2003 | Corporate, sales, distribution, manufacturing, research, information technology and marketing | USD 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. | ||
| 2002-12-28 | divestiture_reduction | completed | United States; Colombia; Venezuela | Quaker 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. | ||||
| 2002-12-28 | restructuring | in_progress | 1,100 | 2001-08-02 | United States | Corporate, sales, distribution, manufacturing, research, information technology and marketing | USD 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. | ||
| 2002-12-28 | divestiture_reduction | completed | United States; Colombia; Venezuela | Quaker Foods North America (bagged cereal); Frito-Lay International food businesses | USD 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. | ||||
| 2002-12-28 | divestiture_reduction | completed | 2002-12-31 | Mexico | Bottling (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. | ||||
| 2002-12-28 | restructuring | completed | 1,100 | Global | Corporate, Sales, Distribution, Manufacturing, Research, IT, Marketing | USD 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. | |||
| 2002-12-28 | restructuring | in_progress | 1,100 | 2001-01-01 | 2003-12-31 | Global | Corporate, Sales, Distribution, Manufacturing, Research, IT, Marketing | USD 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. | |
| 2002-09-07 | restructuring | in_progress | 925 | 2002-12-31 | Quaker merger integration | USD 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. | |||
| 2002-09-07 | restructuring | in_progress | 925 | 2001-08-01 | 2002-12-31 | United States | Corporate (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. | |
| 2002-09-07 | restructuring | in_progress | 925 | 2001-08-01 | 2002-12-31 | Global | Corporate / Integration | USD 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. | |
| 2002-09-07 | restructuring | in_progress | 925 | 2002-12-31 | Global | Corporate / Integration | USD 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. | ||
| 2002-06-15 | restructuring | in_progress | 785 | 2002-12-31 | Corporate | USD 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. | |||
| 2002-06-15 | restructuring | in_progress | 785 | 2002-12-31 | Global | Corporate (primarily); Quaker Oats merger integration | USD 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). | ||
| 2002-06-15 | restructuring | in_progress | 785 | 2002-12-31 | Global | Corporate / Unallocated | USD 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. | ||
| 2002-06-15 | restructuring | in_progress | 785 | 2001-01-01 | 2002-12-31 | Global | Corporate | USD 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. | |
| 2002-03-23 | restructuring | in_progress | 675 | 2002-12-31 | Quaker merger integration | USD 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. | |||
| 2002-03-23 | restructuring | in_progress | 675 | 2002-12-31 | United States | Enterprise (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. | ||
| 2002-03-23 | restructuring | in_progress | 675 | 2002-12-31 | Global | Corporate / Integration | USD 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. | ||
| 2002-03-23 | restructuring | in_progress | 675 | 2002-12-31 | USD 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. | ||||
| 2001-12-29 | restructuring | in_progress | 580 | 2000-12-02 | 2002 | Corporate, sales, distribution, manufacturing, research and marketing | USD 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. | ||
| 2001-12-29 | restructuring | completed | 1999 | North America | Quaker Foods North America and other Quaker North American businesses — manufacturing and distribution | USD 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. | |||
| 2001-12-29 | restructuring | in_progress | 580 | 2000-12-02 | 2002-12-31 | United States | Corporate, sales, distribution, manufacturing, research and marketing | USD 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. | |
| 2001-12-29 | restructuring | in_progress | 1,000 | 1999-01-01 | 2001-12-29 | North America | Quaker supply chain reconfiguration across North American businesses | USD 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. | |
| 2001-12-29 | acquisition_addition | completed | 2000-12-02 | 2001-08-02 | United States | Quaker Foods North America | business_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. | |||
| 2001-12-29 | acquisition_addition | completed | 2001-01-05 | 2001-01-05 | United States | Pepsi-Cola North America | business_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. | |||
| 2001-12-29 | restructuring | in_progress | 580 | 2001-08-02 | 2002-12-31 | Global | Corporate, Sales, Distribution, Manufacturing, Research and Marketing | USD 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. | |
| 2001-12-29 | restructuring | completed | 1,000 | 1999-01-01 | 2001-12-29 | North America | Quaker Manufacturing and Distribution | USD 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. | |
| 2001-12-29 | restructuring | in_progress | 580 | 2001-08-02 | 2002-12-31 | Worldwide | Corporate, Sales, Distribution, Manufacturing, Research and Marketing | USD 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. | |
| 2001-12-29 | restructuring | completed | 1,000 | 1999-01-01 | 2001-12-29 | North America | Quaker Supply Chain | USD 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. | |
| 2001-09-08 | restructuring | in_progress | 250 | 2001-08-02 | 2002-12-31 | Corporate, sales, distribution, research and marketing | USD 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. | ||
| 2001-09-08 | restructuring | in_progress | 250 | 2001-08-02 | 2002-12-31 | Corporate, sales, distribution, research and marketing | USD 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. | ||
| 2001-09-08 | plant_closure | in_progress | United States | Quaker Foods North America — manufacturing and distribution | USD 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. | ||||
| 2001-09-08 | acquisition_addition | completed | 2000-12-02 | 2001-08-02 | All 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. | ||||
| 2001-09-08 | restructuring | in_progress | 250 | 2001-08-02 | 2002-12-31 | Global | Corporate, Sales, Distribution, Research and Marketing | USD 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. | |
| 2001-09-08 | plant_closure | completed | 2000-01-01 | United States | Quaker Foods | USD 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. | |||
| 2001-09-08 | restructuring | in_progress | 250 | 2001-08-02 | 2002-12-31 | Global | Corporate, Sales, Distribution, Research and Marketing | USD 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. | |
| 2001-09-08 | restructuring | in_progress | 1999-01-01 | United States | Quaker Foods North America | USD 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. | |||
| 2000-12-30 | acquisition_addition | completed | 2001-01-05 | Primarily United States | Non-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. | |||
| 2000-12-30 | acquisition_addition | announced | 2000-12-04 | Global | Foods 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. | |||
| 2000-12-30 | acquisition_addition | announced | 2000-12-04 | 2001-06-30 | United States | Beverages | USD 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. | ||
| 2000-12-30 | acquisition_addition | completed | 2001-01-05 | 2001-01-05 | United States | Beverages | USD 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. | ||
| 2000-12-30 | restructuring | completed | 860 | Frito-Lay North America | Frito-Lay North America | USD 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. | |||
| 2000-12-30 | restructuring | completed | 2,700 | Bottling Operations / Russia | Bottling Operations | USD 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. | |||
| 2000-12-30 | restructuring | completed | 860 | 1999-01-01 | 1999-12-31 | Frito-Lay North America | Frito-Lay North America | USD 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. | |
| 1999-12-25 | restructuring | completed | 860 | 1998 | 1999-12-25 | United States | Frito-Lay North America | USD 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. | |
| 1999-12-25 | divestiture_reduction | completed | 1999-04-06 | 1999-04-06 | United States, Canada, Spain, Greece and Russia | Bottling 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-05-20 | 1999-05-20 | Midwestern United States and Central Europe | Bottling operations — new Whitman Corporation | other 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-07-10 | 1999-07-10 | North Carolina and New York (United States) | Bottling operations — Pepsi Bottling Venture LLC | other 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-10-15 | 1999-10-15 | Puerto Rico and southeastern/midwestern United States | Bottling 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. | |||
| 1999-12-25 | plant_closure | completed | 860 | 1998-12-31 | 1999-12-25 | United States | Frito-Lay North America | USD 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. | |
| 1999-12-25 | divestiture_reduction | completed | 1999-04-06 | 1999-04-06 | United States, Canada, Spain, Greece, Russia | Bottling 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-05-20 | 1999-05-20 | Midwestern United States, Central Europe | Bottling 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-07-10 | 1999-07-10 | North Carolina, New York | Bottling 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. | |||
| 1999-12-25 | divestiture_reduction | completed | 1999-10-15 | 1999-10-15 | Puerto Rico, Southeastern and Midwestern United States | Bottling 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. | |||
| 1999-12-25 | restructuring | completed | 860 | 1998-10-01 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-12-25 | restructuring | completed | 1998-01-01 | 1998-12-31 | Russia | Bottling Operations | USD 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. | ||
| 1999-12-25 | restructuring | completed | 1998-01-01 | 1998-12-31 | United States | Pepsi-Cola North America | USD 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. | ||
| 1999-12-25 | restructuring | completed | 860 | 1999-01-01 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-09-04 | restructuring | in_progress | 860 | 1999-01-01 | 1999-12-25 | United States | Frito-Lay North America | USD 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. | |
| 1999-09-04 | divestiture_reduction | completed | 1999-04-06 | United States, Canada, Spain, Greece, Russia | The 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. | ||||
| 1999-09-04 | divestiture_reduction | completed | 1999-05-20 | Midwestern United States and Central Europe | PepsiCo Bottling Operations (PBO) / new Whitman | other 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. | ||||
| 1999-09-04 | divestiture_reduction | completed | 1999-07-10 | North Carolina and New York, United States | PepCom Industries venture | USD 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. | |||
| 1999-09-04 | restructuring | in_progress | 860 | 1999 | United States | Frito-Lay North America | USD 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. | ||
| 1999-09-04 | restructuring | in_progress | 860 | 1999-01-03 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-09-04 | restructuring | in_progress | 860 | 1999-01-01 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-06-12 | restructuring | in_progress | 860 | 1999-03-21 | 1999-12-25 | United States | Frito-Lay North America | USD 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. | |
| 1999-06-12 | plant_closure | in_progress | 1999-03-21 | United States | Frito-Lay North America | USD 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. | |||
| 1999-06-12 | divestiture_reduction | completed | 1999-04-06 | 1999-04-06 | United States, Canada, Spain, Greece, Russia | The 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. | ||
| 1999-06-12 | divestiture_reduction | completed | 1999-05-20 | 1999-05-20 | Midwestern United States and Central Europe | PepsiCo 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. | ||
| 1999-06-12 | divestiture_reduction | announced | 1999-07-10 | 1999-07-10 | North Carolina and New York, United States | Bottling 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. | |||
| 1999-06-12 | plant_closure | in_progress | 860 | 1999-01-01 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-06-12 | divestiture_reduction | completed | 1998-01-01 | 1999-04-06 | United States, Canada, Spain, Greece, Russia | Bottling 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. | |||
| 1999-06-12 | divestiture_reduction | completed | 1998-01-01 | 1999-05-20 | Midwestern United States, Central Europe | PepsiCo Bottling Operations combined with Whitman Corporation | other 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. | |||
| 1999-06-12 | restructuring | in_progress | 860 | 1999-01-03 | 1999-12-31 | North America | Frito-Lay | USD 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. | |
| 1999-06-12 | restructuring | in_progress | 860 | 1999-01-03 | 1999-12-31 | United States | Frito-Lay North America | USD 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. | |
| 1999-03-20 | restructuring | in_progress | 860 | 1999-03-20 | 1999-09-30 | United States | Frito-Lay North America | USD 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. | |
| 1999-03-20 | plant_closure | in_progress | 860 | 1999-09-30 | United States | Frito-Lay North America | USD 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. | ||
| 1999-03-20 | restructuring | in_progress | 860 | 1999-03-20 | 1999-09-30 | United States | Frito-Lay North America | USD 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. | |
| 1999-03-20 | restructuring | in_progress | 860 | 1999-03-20 | 1999-09-30 | United States | Frito-Lay North America | USD 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. | |
| 1998-12-26 | restructuring | in_progress | 1999-06-30 | Russia | Pepsi-Cola International - company-owned bottling operations | USD 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. | |||
| 1998-12-26 | restructuring | in_progress | 1999-06-30 | United States and Canada | Pepsi-Cola North America - separation of concentrate and bottling organizations | USD 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. | |||
| 1998-12-26 | restructuring | in_progress | United States | Frito-Lay North America | USD 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. | ||||
| 1998-12-26 | divestiture_reduction | announced | 1998-11-12 | 1999-06-30 | United States, Canada, Spain, Greece, Russia | Pepsi-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. | |||
| 1998-12-26 | divestiture_reduction | announced | 1999-01-25 | 1999-06-30 | Midwestern United States and Central Europe | Pepsi-Cola - bottling operations | subsequent_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. | |||
| 1998-12-26 | acquisition_addition | completed | 1998-08 | 1998-08 | Worldwide (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. | ||
| 1998-12-26 | acquisition_addition | completed | 1998-08 | 1998-08 | Australia | Frito-Lay International - The Smith's Snackfoods Company | USD 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. | ||
| 1998-12-26 | restructuring | in_progress | 1998-12-26 | 1999-06-30 | Russia | Pepsi-Cola International — Bottling | USD 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. | ||
| 1998-12-26 | restructuring | in_progress | 1998-12-26 | 1999-06-30 | United States | Pepsi-Cola North America — Concentrate and Bottling organizations | USD 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. | ||
| 1998-12-26 | restructuring | announced | 1998-12-26 | 1999-03-31 | United States | Frito-Lay North America — Manufacturing and Logistics | USD 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. | ||
| 1998-12-26 | restructuring | completed | 2,700 | 1998-10-01 | 1999-06-30 | Russia and Pepsi-Cola North America field locations | Bottling Operations and Sales | USD 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. | |
| 1998-12-26 | restructuring | completed | 1998-10-01 | 1999-12-31 | United States and Canada | Pepsi-Cola North America | USD 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. | ||
| 1998-12-26 | restructuring | completed | 2,700 | 1998-12-26 | 1999-06-30 | Russia and Pepsi-Cola North America field locations | Bottling Operations and Field Sales | USD 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. | |
| 1998-12-26 | restructuring | announced | 1999-01-01 | 1999-03-31 | United States | Frito-Lay North America | USD 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. | ||
| 1998-09-05 | acquisition_addition | completed | 1998-07-20 | 1998-09-05 | United States | Beverages | business_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. | |||
| 1998-09-05 | acquisition_addition | completed | 1998-09-05 | Australia | Snack Foods | business_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. | ||||
| 1998-06-13 | acquisition_addition | announced | 1998-07-20 | 1998-08-31 | Beverages | USD 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. | |||
| 1998-06-13 | divestiture_reduction | announced | 1998-07-23 | North America | Beverages - company-owned bottling operations | subsequent_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. | ||||
| 1998-06-13 | acquisition_addition | announced | 1998-07-20 | 1998-08-31 | Global | Beverages | USD 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. | ||
| 1997-12-27 | divestiture_reduction | completed | 1997-08-14 | 1997-10-06 | Worldwide | Restaurants 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. | |||
| 1997-12-27 | divestiture_reduction | completed | 1997 | 1997 | United States | PepsiCo Food Systems (restaurant distribution) and non-core U.S. restaurant businesses | discontinued_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. | |||
| 1997-12-27 | restructuring | in_progress | 1997 | 1998-12-31 | Worldwide (primarily international bottling operations) | Beverages (~$206M) and Snack Foods (~$106M) pre-tax unusual items | USD 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. | ||
| 1997-12-27 | divestiture_reduction | completed | 1997-08-14 | 1997-10-06 | Global | Restaurants (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 | |||
| 1997-12-27 | divestiture_reduction | completed | 1997-12-27 | United States | PepsiCo Food Systems (PFS) and non-core U.S. restaurant businesses | discontinued_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 | ||||
| 1997-12-27 | restructuring | completed | International | Beverages | USD 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 | ||||
| 1997-12-27 | restructuring | completed | Global | Snack Foods | USD 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 | ||||
| 1997-12-27 | divestiture_reduction | completed | 1997-08-14 | 1997-10-06 | Global | Restaurants | Item_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. | |||
| 1997-12-27 | restructuring | completed | Global | International Beverages | USD 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. | ||||
| 1997-09-06 | divestiture_reduction | completed | 1997-01-23 | 1997-10-06 | Worldwide | Restaurants (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. | |||
| 1997-09-06 | restructuring | completed | 1996-10-01 | International | Beverages | USD 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. | |||
| 1997-09-06 | restructuring | completed | 1996-10-01 | North America | Beverages | USD 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. | |||
| 1997-09-06 | restructuring | completed | 1996-10-01 | North America | Snack Foods | USD 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. | |||
| 1997-09-06 | restructuring | completed | 1996-10-01 | International | Snack Foods | USD 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. | |||
| 1997-09-06 | divestiture_reduction | completed | 1997-01-23 | 1997-10-06 | Global | Restaurants | MD&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. | |||
| 1997-09-06 | restructuring | in_progress | 1997-09-06 | North America | Beverages | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to decisions to dispose of assets and improve productivity. | |||
| 1997-09-06 | restructuring | in_progress | 1997-09-06 | International | Beverages | USD 180 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to strengthening the international bottler structure. | |||
| 1997-09-06 | restructuring | in_progress | 1997-09-06 | North America | Snack Foods | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to productivity initiatives and asset disposal. | |||
| 1997-09-06 | restructuring | in_progress | 1997-09-06 | International | Snack Foods | USD 62 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to productivity initiatives and asset disposal. | |||
| 1997-09-06 | restructuring | completed | 1996-12-31 | International | Beverages | USD 50 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Fourth quarter 1996 restructuring; $50 million savings expected in 1997. | |||
| 1997-06-14 | restructuring | in_progress | 1997-12-31 | North America | Beverages | USD 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. | |||
| 1997-06-14 | restructuring | in_progress | 1998-12-31 | International | Beverages | USD 119 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charge for disposal of assets. Expected completion of disposal in 1998. | |||
| 1997-06-14 | restructuring | in_progress | 1997-12-31 | North America | Snack Foods | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charge for disposal of assets. | |||
| 1997-06-14 | restructuring | in_progress | 1998-12-31 | International | Snack Foods | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charge for disposal of assets. | |||
| 1997-06-14 | restructuring | in_progress | 1997-12-31 | United States | Restaurants | USD 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. | |||
| 1997-06-14 | restructuring | in_progress | United States | Restaurants | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recurring impairment charges for restaurants to be held and used. | ||||
| 1997-06-14 | restructuring | in_progress | International | Beverages | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge to strengthen International bottler structure. | ||||
| 1997-06-14 | restructuring | in_progress | Worldwide | Snack Foods | USD 82 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge for worldwide Snack Foods productivity initiatives. | ||||
| 1997-03-22 | divestiture_reduction | completed | United States | Restaurants | MD&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. | |||||
| 1997-03-22 | divestiture_reduction | completed | International | Snack Foods | MD&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. | |||||
| 1997-03-22 | plant_closure | completed | Worldwide | Restaurants | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Closed 268 restaurant units worldwide (244 U.S., 24 International). Employee count not disclosed. | |||||
| 1997-03-22 | restructuring | in_progress | International | Beverages | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Fourth quarter 1996 restructuring generated savings expected in 1997. Employee count not disclosed. | |||||
| 1996-12-28 | restructuring | in_progress | 1996-09-26 | 1997-12-31 | International (outside United States and Canada) | Beverages — International beverages | USD 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. | ||
| 1996-12-28 | acquisition_addition | completed | 1996-06-15 | United States | Restaurants — California Pizza Kitchen | other 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. | ||||
| 1996-12-28 | divestiture_reduction | announced | 1996-03-23 | 1997-12-31 | United States | Restaurants (U.S.) — Hot 'n Now | USD 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. | ||
| 1996-12-28 | divestiture_reduction | announced | 1996-12-28 | 1997-12-31 | United States | Restaurants (U.S.) — California Pizza Kitchen, Chevys, D'Angelo Sandwich Shops, East Side Mario's | USD 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. | ||
| 1996-12-28 | divestiture_reduction | completed | Worldwide (605 U.S.; 50 international) | Restaurants | MD&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. | |||||
| 1996-12-28 | plant_closure | completed | Worldwide (294 U.S.; 85 international) | Restaurants | USD 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. | ||||
| 1996-12-28 | plant_closure | announced | 1996-12-28 | United States (249 units); International (21 units) | Restaurants | MD&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. | ||||
| 1996-12-28 | divestiture_reduction | announced | 1997-01 | 1997-12-31 | Worldwide | Restaurants (Pizza Hut, Taco Bell, KFC); possible separate sale of PepsiCo Food Systems (PFS) also under exploration | subsequent_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. | |||
| 1996-12-28 | restructuring | in_progress | 1996-09-26 | 1997-12-31 | International | Beverages | USD 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. | ||
| 1996-12-28 | divestiture_reduction | announced | 1997-12-31 | United States | Restaurants | USD 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. | |||
| 1996-12-28 | restructuring | completed | 1996-10-01 | 1997-12-31 | International | Beverages | USD 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. | ||
| 1996-12-28 | divestiture_reduction | completed | 1996-10-01 | United States | Restaurants | USD 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. | |||
| 1996-12-28 | restructuring | completed | 1996-10-01 | 1997-12-31 | International | Beverages | USD 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. | ||
| 1996-09-07 | restructuring | announced | 1996-09-30 | 1997-12-31 | International | International beverages | USD 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. | ||
| 1996-09-07 | divestiture_reduction | announced | 1996-09-30 | United States | Restaurants — 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. | ||||
| 1996-09-07 | divestiture_reduction | in_progress | United States and International | Restaurants — Pizza Hut, Taco Bell, KFC | MD&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. | |||||
| 1996-09-07 | restructuring | announced | 1996-09-30 | 1997-12-31 | International | International Beverages | USD 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. | ||
| 1996-09-07 | restructuring | announced | 1996-09-30 | United States | Restaurants (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. | ||||
| 1996-09-07 | other | announced | 1996-09-30 | United States | Casual 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. | ||||
| 1996-09-07 | restructuring | announced | 1996-09-30 | 1997-12-31 | International | International Beverages | USD 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. | ||
| 1996-09-07 | restructuring | completed | 1996-09-07 | 1996-09-07 | International | International Beverages | USD 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. | ||
| 1996-09-07 | restructuring | announced | 1996-09-30 | 1997-12-31 | International | International Beverages | USD 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. | ||
| 1996-06-15 | restructuring | completed | 1996-06-15 | 1996-06-15 | Worldwide | Restaurants | USD 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. | ||
| 1996-06-15 | plant_closure | completed | 1996-06-15 | 1996-06-15 | United States | Restaurants (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. | ||
| 1995-12-30 | divestiture_reduction | completed | Worldwide | Restaurants — company-operated units | MD&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. | |||||
| 1995-12-30 | plant_closure | completed | Worldwide | Restaurants | USD 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. | ||||
| 1995-12-30 | plant_closure | announced | 1995-12-30 | 1996-12-31 | Worldwide; 141 of the 185 units in the United States | Restaurants — company-operated units | MD&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. | |||
| 1995-12-30 | restructuring | completed | United States (Wichita, Kansas to Dallas, Texas) | Pizza Hut U.S. headquarters functions | USD 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. | ||||
| 1995-12-30 | restructuring | in_progress | Worldwide | Restaurants — administrative operations | MD&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. | |||||
| 1995-12-30 | acquisition_addition | completed | Worldwide | Beverages, Restaurants and Snack Foods | USD 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. | ||||
| 1995-12-30 | restructuring | completed | United States | Beverages | USD 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. | ||||
| 1995-12-30 | restructuring | completed | United States | Restaurants | USD 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. | ||||
| 1995-12-30 | restructuring | completed | International | Restaurants | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge to consolidate U.S. headquarters for three international restaurant concepts. | ||||
| 1995-12-30 | restructuring | completed | 1992 | 1998 | United States | Beverages | USD 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. | ||
| 1995-12-30 | restructuring | completed | 1992 | International | Beverages | MD&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. | ||||
| 1995-12-30 | restructuring | completed | 1992 | United Kingdom | Snack Foods | MD&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. | ||||
| 1995-12-30 | restructuring | completed | 1991 | United States | Restaurants | Notes to Consolidated Financial Statements f5-10k / Qwen3.6-27B-Q8_0 | 1991 charges at KFC primarily to streamline operations. | ||||
| 1995-09-09 | other | completed | 1995-08-31 | California, United States | Domestic Beverages | MD&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. | ||||
| 1995-09-09 | restructuring | in_progress | United States | Restaurants — Pizza Hut domestic headquarters relocation from Wichita to Dallas | USD 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. | ||||
| 1995-09-09 | restructuring | in_progress | International | Restaurants — consolidation of Pizza Hut and KFC international headquarters and regional offices | MD&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. | |||||
| 1995-09-09 | restructuring | in_progress | United States | Domestic Snack Foods — reorganization of field operations | MD&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. | |||||
| 1995-09-09 | plant_closure | in_progress | 1996-12-31 | United States | Restaurants — Hot 'n Now (HNN) licensing/franchising of company-operated units | MD&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. | ||||
| 1995-09-09 | restructuring | completed | Domestic | Beverages | USD 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. | ||||
| 1995-09-09 | restructuring | completed | Domestic | Restaurants | USD 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. | ||||
| 1995-09-09 | other | completed | 1995-08 | California | Domestic Beverages | MD&A f5-10q / Qwen3.6-27B-Q8_0 | 6-week strike in California ended in August 1995; affected selling and distribution expenses. | ||||
| 1995-09-09 | restructuring | completed | United States | Domestic Beverages | USD 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. | ||||
| 1995-09-09 | restructuring | completed | United States | Restaurants | USD 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. |