The computations of basic and diluted net income attributable to PepsiCo per common share are as follows:



	12 Weeks Ended
	9/7/2013			9/8/2012
	Income		Shares ^(a)	Income			Shares ^(a)
Net income attributable to PepsiCo	$	1,913		$	1,902
Preferred shares:
Dividends	—			—
Redemption premium	—			(1		)
Net income available for PepsiCo common shareholders	$	1,913	1,542	$	1,901		1,556
Basic net income attributable to PepsiCo per common share	$	1.24		$	1.22
Net income available for PepsiCo common shareholders	$	1,913	1,542	$	1,901		1,556
Dilutive securities:
Stock options and RSUs ^(b)	—		18	—			18
Employee stock ownership plan (ESOP) convertible preferred stock	—		1	1			1
Diluted	$	1,913	1,561	$	1,902		1,575
Diluted net income attributable to PepsiCo per common share	$	1.23		$	1.21



	36 Weeks Ended
	9/7/2013				9/8/2012
	Income			Shares ^(a)	Income			Shares ^(a)
Net income attributable to PepsiCo	$	4,998			$	4,517
Preferred shares:
Dividends	(1		)		(1		)
Redemption premium	(4		)		(4		)
Net income available for PepsiCo common shareholders	$	4,993		1,545	$	4,512		1,562
Basic net income attributable to PepsiCo per common share	$	3.23			$	2.89
Net income available for PepsiCo common shareholders	$	4,993		1,545	$	4,512		1,562
Dilutive securities:
Stock options and RSUs ^(b)	—			18	—			17
ESOP convertible preferred stock	5			1	5			1
Diluted	$	4,998		1,564	$	4,517		1,580
Diluted net income attributable to PepsiCo per common share	$	3.20			$	2.86


(a)	Weighted-average common shares outstanding (in millions).

(b)

For the 12 weeks ended September 7, 2013, the calculation of diluted earnings per common share was unadjusted because there were no out-of-the-money options during the period. Options to purchase 0.9 million shares for the 36 weeks ended September 7, 2013 were not included in the calculation of diluted earnings per common share because these options were out-of-the-money. These out-of-the-money options had an average exercise price of $75.69. Options to purchase 0.6 million and 13.5 million shares, respectively, for the 12 and 36 weeks ended September 8, 2012 were not included in the calculation of diluted earnings per common share because these options were out-of-the-money. These out-of-the-money options for the 12 and 36 weeks ended September 8, 2012 had average exercise prices of $72.26 and $67.51, respectively.