XML 31 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net Income Attributable to PepsiCo per Common Share
 3 Months Ended
Mar. 25, 2017
Earnings Per Share [Abstract]  
Net Income Attributable to PepsiCo per Common Share
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:
 
12 Weeks Ended
 
3/25/2017
 
3/19/2016
 
Income
 
Shares(a)
 
Income
 
Shares(a)
Net income attributable to PepsiCo
$
1,318

 
 
 
$
931

 
 
Preferred shares:
 
 
 
 
 
 
 
Redemption premium
(2
)
 
 
 
(1
)
 
 
Net income available for PepsiCo common shareholders
$
1,316

 
1,428

 
$
930

 
1,446

Basic net income attributable to PepsiCo per common share
$
0.92

 
 
 
$
0.64

 
 
Net income available for PepsiCo common shareholders
$
1,316

 
1,428

 
$
930

 
1,446

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

 
11

 
—

 
12

Employee stock ownership plan (ESOP) convertible preferred stock
2

 
1

 
1

 
1

Diluted
$
1,318

 
1,440

 
$
931

 
1,459

Diluted net income attributable to PepsiCo per common share
$
0.91

 
 
 
$
0.64

 
 
(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: 
 
12 Weeks Ended
 
3/25/2017
 
3/19/2016
Out-of-the-money options (a)
1.4

 
2.9

Average exercise price per option
$
109.69

 
$
98.99

(a)
In millions.