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Restructuring and Impairment Charges (Tables)
 3 Months Ended
Mar. 23, 2024
2019 Productivity Plan  
Restructuring Cost and Reserve [Line Items]  
Summary of Productivity Plan Activity Restructuring and Impairment Charges
2019 Multi-Year Productivity Plan
We publicly announced a multi-year productivity plan on February 15, 2019 (2019 Productivity Plan) that leverages new technology and business models to further simplify, harmonize and automate processes; re-engineer our go-to-market and information systems, including deploying the right automation for each market; and simplify our organization and optimize our manufacturing and supply chain footprint. To build on the successful implementation of the 2019 Productivity Plan, in 2022, we expanded and extended the plan through the end of 2028 to take advantage of additional opportunities within the initiatives described above. As a result, we expect to incur pre-tax charges of approximately $3.65 billion, including cash expenditures of approximately $2.9 billion. These pre-tax charges are expected to consist of approximately 55% of severance and other employee-related costs, 10% for asset impairments (all non-cash) resulting from plant closures and related actions, and 35% for other costs associated with the implementation of our initiatives.
The total plan pre-tax charges are expected to be incurred by division approximately as follows:
FLNAQFNAPBNALatAmEuropeAMESAAPACCorporate
Expected pre-tax charges10 %1 %30 %10 %25 %5 %4 %15 %
A summary of our 2019 Productivity Plan charges is as follows:
12 Weeks Ended
3/23/20243/25/2023
Cost of sales$6 $3 
Selling, general and administrative expenses 83 110 
Other pension and retiree medical benefits expense/(income) (a)
7 (1)
Total restructuring and impairment charges$96 $112 
After-tax amount$76 $98 
Impact on net income attributable to PepsiCo per common share$(0.05)$(0.07)
12 Weeks EndedPlan to Date
3/23/20243/25/2023
through 3/23/2024
FLNA $22 $7 $274 
QFNA4 — 23 
PBNA10 5 277 
LatAm5 5 205 
Europe18 89 584 
AMESA — 5 97 
APAC— 1 85 
Corporate30 1 347 
89 113 1,892 
Other pension and retiree medical benefits expense/(income) (a)
7 (1)104 
Total$96 $112 $1,996 
(a)Income amount represents adjustments for changes in estimates of previously recorded amounts.

12 Weeks EndedPlan to Date
3/23/20243/25/2023
through 3/23/2024
Severance and other employee costs$72 $92 $1,122 
Asset impairments1 — 193 
Other costs23 20 681 
Total$96 $112 $1,996 
A summary of our 2019 Productivity Plan activity for the 12 weeks ended March 23, 2024 is as follows:
Severance and Other Employee CostsAsset
Impairments		Other CostsTotal
Liability as of December 30, 2023$188 $— $9 $197 
2024 restructuring charges
72 1 23 96 
Cash payments(39)— (21)(60)
Non-cash charges and translation(5)(1)(1)(7)
Liability as of March 23, 2024$216 $— $10 $226