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CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 16, 2012
Jun. 11, 2011
Jun. 16, 2012
Jun. 11, 2011
Net income $ 1,501 $ 1,905 $ 2,634 $ 3,049
Other Comprehensive (Loss)/Income        
Currency translation adjustment (2,231) 809 (544) 1,454
Cash flow hedges, net of tax:        
Net derivative losses (11) [1] (25) [1] (25) [1] (17) [1]
Reclassification of net losses to net income 17 [2] 3 [2] 24 [2] 7 [2]
Pension and retiree medical, net of tax:        
Reclassification of losses to net income 61 [3] 26 [3] 86 [3] 23 [3]
Remeasurement of net liabilities     7 [4]  
Unrealized (losses)/gains on securities, net of tax (10) [5] 11 [5] 3 [5] (2) [5]
Other   1 36 (17)
Total Other Comprehensive (Loss)/Income (2,174) 825 (413) 1,448
Comprehensive (Loss)/Income (673) 2,730 2,221 4,497
Comprehensive income attributable to noncontrolling interests (11) (64) (13) (93)
Comprehensive (Loss)/Income Attributable to PepsiCo $ (684) $ 2,666 $ 2,208 $ 4,404
[1] Net of tax benefits of $11 million and $12 million for the 12 and 24 weeks in 2012, respectively. Net of tax benefits of $7 million and tax expense of $6 million for the 12 and 24 weeks in 2011, respectively.
[2] Net of tax benefits of $9 million and $14 million for the 12 and 24 weeks in 2012, respectively. Net of tax expense of $3 million and $5 million for the 12 and 24 weeks in 2011, respectively.
[3] Net of tax benefits of $29 million and $44 million for the 12 and 24 weeks in 2012, respectively. Net of tax benefits of $13 million and $14 million for the 12 and 24 weeks in 2011, respectively.
[4] Net of tax expense of $4 million for the 24 weeks in 2012.
[5] Net of tax expense of $4 million and tax benefits of $1 million for the 12 and 24 weeks in 2011, respectively.