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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 8 Months Ended
Sep. 09, 2017
Sep. 03, 2016
Sep. 09, 2017
Sep. 03, 2016
Net Revenue $ 16,240 $ 16,027 $ 43,999 $ 43,284
Cost of sales 7,366 7,284 19,708 19,265
Gross Profit 8,874 8,743 24,291 24,019
Selling, general and administrative expenses 5,865 5,904 16,330 16,566
Amortization of intangible assets 16 18 45 49
Operating Profit 2,993 2,821 7,916 7,404
Interest expense (269) (247) (786) (748)
Interest income and other 52 30 141 66
Income before income taxes 2,776 2,604 7,271 6,722
Provision for income taxes 620 600 1,668 1,760
Net income 2,156 2,004 5,603 4,962
Less: Net income attributable to noncontrolling interests 12 12 36 34
Net Income (Loss) Attributable to Parent $ 2,144 $ 1,992 $ 5,567 $ 4,928
Net Income Attributable to PepsiCo per Common Share        
Basic $ 1.50 $ 1.38 $ 3.90 $ 3.41
Diluted net income attributable to PepsiCo per common share (in dollars per share) $ 1.49 $ 1.37 $ 3.87 $ 3.39
Weighted-average common shares outstanding        
Basic [1] 1,425 1,438 1,427 1,443
Diluted [1] 1,438 1,452 1,440 1,456
Cash dividends declared per common share $ 0.805 $ 0.7525 $ 2.3625 $ 2.2075
[1] Weighted-average common shares outstanding (in millions)