Net Income Attributable to PepsiCo per Common Share (Tables)

3 Months Ended

Mar. 24, 2018

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
	3/24/2018				3/25/2017
	Income			Shares(a)	Income			Shares(a)
Net income attributable to PepsiCo	$	1,343			$	1,318
Preferred shares:
Redemption premium	(2		)		(2		)
Net income available for PepsiCo common shareholders	$	1,341		1,420	$	1,316		1,428
Basic net income attributable to PepsiCo per common share	$	0.94			$	0.92
Net income available for PepsiCo common shareholders	$	1,341		1,420	$	1,316		1,428
Dilutive securities:
Stock options, RSUs, PSUs, PEPunits and Other	—			10	—			11
Employee stock ownership plan (ESOP) convertible preferred stock	2			—	2			1
Diluted	$	1,343		1,430	$	1,318		1,440
Diluted net income attributable to PepsiCo per common share	$	0.94			$	0.91

(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
	3/24/2018		3/25/2017
Out-of-the-money options (a)	0.1		1.4
Average exercise price per option	$	115.75	$	109.69

(a) In millions.