Net Income Attributable to PepsiCo per Common Share (Tables)

3 Months Ended

Mar. 25, 2017

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:

	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.