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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 13, 2015
Jun. 14, 2014
Jun. 13, 2015
Jun. 14, 2014
Net Revenue $ 15,923 $ 16,894 $ 28,140 $ 29,517
Cost of sales 7,167 7,778 12,609 13,525
Gross Profit 8,756 9,116 15,531 15,992
Selling, general and administrative expenses 5,837 6,198 10,799 11,246
Amortization of intangible assets 19 22 35 43
Operating Profit 2,900 2,896 4,697 4,703
Interest expense (217) (209) (428) (410)
Interest income and other 14 18 29 28
Income before income taxes 2,697 2,705 4,298 4,321
Provision for income taxes 703 718 1,073 1,107
Net income 1,994 1,987 3,225 3,214
Less: Net income attributable to noncontrolling interests 14 9 24 20
Net Income (Loss) Attributable to Parent $ 1,980 $ 1,978 $ 3,201 $ 3,194
Net Income Attributable to PepsiCo per Common Share        
Basic $ 1.34 $ 1.30 $ 2.16 $ 2.10
Diluted net income attributable to PepsiCo per common share (in dollars per share) $ 1.33 $ 1.29 $ 2.14 $ 2.08
Weighted-average common shares outstanding        
Basic [1] 1,476 1,515 1,480 1,519
Diluted [1] 1,491 1,532 1,497 1,536
Cash dividends declared per common share $ 0.7025 $ 0.655 $ 1.3575 $ 1.2225
[1] Weighted-average common shares outstanding (in millions).