v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 001  
EBP, Investment, Fair Value and NAV [Line Items]  
Schedule of Master Trust Assets Measured at Fair Value
PepsiCo Master Trust assets measured at fair value as of December 31, 2025 and 2024 are categorized consistently by Level 1 (Quoted and Published Prices in Active Markets for Identical Assets) and Level 2 (Significant Other Observable Inputs) in both years, with no assets categorized as Level 3 (Significant Unobservable Inputs), and are as follows:
Fair Value Hierarchy Level20252024
(in thousands)
Assets
Cash and cash equivalents(a)
1$35,269 $29,226 
PepsiCo common stock(b)
11,140,476 1,356,452 
Money market fund(b)
113,047 14,427 
Fixed income securities(c)
2273,188 254,101 
Commingled trust funds(d)
113,329,006 11,422,930 
Self-directed brokerage(b,d,e)
1931,026 815,394 
Total assets at fair value$15,722,012 $13,892,530 
(a)Restricted in use.
(b)Based on quoted market prices in active markets.
(c)Based primarily on yields currently available on comparable securities with similar credit ratings and a compilation of primary observable market information.
(d)Based on the published price of the fund.
(e)Includes cash and cash equivalents held in self-directed brokerage accounts.