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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 8 Months Ended
Sep. 05, 2015
Sep. 06, 2014
Sep. 05, 2015
Sep. 06, 2014
Net Revenue $ 16,331 $ 17,218 $ 44,471 $ 46,735
Cost of sales 7,395 7,995 20,004 21,520
Gross Profit 8,936 9,223 24,467 25,215
Selling, general and administrative expenses 6,143 6,354 16,942 17,600
Venezuela impairment charges 1,359   1,359 0
Amortization of intangible assets 18 22 53 65
Operating Profit 1,416 2,847 6,113 7,550
Interest expense (225) (215) (653) (625)
Interest income and other 2 23 31 51
Income before income taxes 1,193 2,655 5,491 6,976
Provision for income taxes 650 637 1,723 1,744
Net income 543 2,018 3,768 5,232
Less: Net income attributable to noncontrolling interests 10 10 34 30
Net Income (Loss) Attributable to Parent $ 533 $ 2,008 $ 3,734 $ 5,202
Net Income Attributable to PepsiCo per Common Share        
Basic $ 0.36 $ 1.33 $ 2.53 $ 3.43
Diluted net income attributable to PepsiCo per common share (in dollars per share) $ 0.36 $ 1.32 $ 2.50 $ 3.40
Weighted-average common shares outstanding        
Basic [1] 1,467 1,507 1,475 1,515
Diluted [1] 1,483 1,525 1,492 1,532
Cash dividends declared per common share $ 0.7025 $ 0.655 $ 2.06 $ 1.8775
[1] Weighted-average common shares outstanding (in millions).