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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 8 Months Ended
Sep. 03, 2016
Sep. 05, 2015
Sep. 03, 2016
Sep. 05, 2015
Net Revenue $ 16,027 $ 16,331 $ 43,284 $ 44,471
Cost of sales 7,284 7,490 19,265 20,244
Gross Profit 8,743 8,841 24,019 24,227
Selling, general and administrative expenses 5,904 6,048 16,566 16,702
Venezuela impairment charges 0 1,359 0 1,359
Amortization of intangible assets 18 18 49 53
Operating Profit 2,821 1,416 7,404 6,113
Interest expense (247) (225) (748) (653)
Interest income and other 30 2 66 31
Income before income taxes 2,604 1,193 6,722 5,491
Provision for income taxes 600 650 1,760 1,723
Net income 2,004 543 4,962 3,768
Less: Net income attributable to noncontrolling interests 12 10 34 34
Net Income (Loss) Attributable to Parent $ 1,992 $ 533 $ 4,928 $ 3,734
Net Income Attributable to PepsiCo per Common Share        
Basic $ 1.38 $ 0.36 $ 3.41 $ 2.53
Diluted net income attributable to PepsiCo per common share (in dollars per share) $ 1.37 $ 0.36 $ 3.39 $ 2.50
Weighted-average common shares outstanding        
Basic 1,438 [1] 1,467 [1] 1,443 1,475
Diluted 1,452 [1] 1,483 [1] 1,456 1,492
Cash dividends declared per common share $ 0.7525 $ 0.7025 $ 2.2075 $ 2.06
[1] Weighted-average common shares outstanding (in millions).