v3.26.1
Share-Based Compensation (Tables)
 6 Months Ended
Jun. 13, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan
The following table summarizes our total share-based compensation expense, which is primarily recorded in selling, general and administrative expenses:
12 Weeks Ended24 Weeks Ended
6/13/20266/14/20256/13/20266/14/2025
Share-based compensation expense – equity awards$69 $54 $162 $131 
Share-based compensation expense – liability awards3 (7)5 (3)
Restructuring charges(1)(1)— (2)
Total$71 $46 $167 $126 
Schedule of Share-based Payment Award, PepsiCo, Inc. Long-Term Incentive Plan
The following table summarizes share-based awards granted under the terms of the PepsiCo, Inc. Long-Term Incentive Plan:
24 Weeks Ended
6/13/20266/14/2025
Granted(a)
Weighted-Average Grant Price
Granted(a)
Weighted-Average Grant Price
Stock options0.9 $169.25 1.4 $153.75 
RSUs and PSUs2.4 $169.25 2.1 $153.71 
(a)In millions. All grant activity is disclosed at target.
Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions
Our weighted-average Black-Scholes fair value assumptions are as follows: 
 24 Weeks Ended
 6/13/20266/14/2025
Expected life7 years7 years
Risk-free interest rate3.7 %4.1 %
Expected volatility16 %16 %
Expected dividend yield3.5 %3.4 %