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Net Income Attributable to PepsiCo per Common Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Basic And Diluted Net Income Attributable To PepsiCo Per Common Share
The computations of basic and diluted net income attributable to PepsiCo per common share are as follows: 
 
2016
 
2015
 
2014
 
Income
 
Shares(a)
 
Income
 
Shares(a)
 
Income
 
Shares(a)
Net income attributable to PepsiCo
$
6,329

 
 
 
$
5,452

 
 
 
$
6,513

 
 
Preferred shares:
 
 
 
 
 
 
 
 
 
 
 
Dividends
(1
)
 
 
 
(1
)
 
 
 
(1
)
 
 
Redemption premium
(5
)
 
 
 
(5
)
 
 
 
(9
)
 
 
Net income available for PepsiCo
   common shareholders
$
6,323

 
1,439

 
$
5,446

 
1,469

 
$
6,503

 
1,509

Basic net income attributable to
   PepsiCo per common share
$
4.39

 
 
 
$
3.71

 
 
 
$
4.31

 
 
Net income available for PepsiCo
   common shareholders
$
6,323

 
1,439

 
$
5,446

 
1,469

 
$
6,503

 
1,509

Dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options, RSUs, PSUs, PEPunits and Other
1

 
12

 

 
15

 

 
17

ESOP convertible preferred stock
5

 
1

 
6

 
1

 
10

 
1

Diluted
$
6,329

 
1,452

 
$
5,452

 
1,485

 
$
6,513

 
1,527

Diluted net income attributable to
   PepsiCo per common share
$
4.36

 
 
 
$
3.67

 
 
 
$
4.27

 
 
(a)
Weighted-average common shares outstanding (in millions).
Out-of-the-money options excluded from the calculation of diluted earnings per common share are as follows: 
 
2016

 
2015

 
2014

Out-of-the-money options (a)
0.7

 
1.5

 

Average exercise price per option
$
99.98

 
$
99.25

 
$
82.25

(a)
In millions.