Net Income Attributable to PepsiCo per Common Share (Tables)

8 Months Ended

Sep. 08, 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
	9/8/2018			9/9/2017
	Income		Shares(a)	Income			Shares(a)
Net income attributable to PepsiCo	$	2,498		$	2,144
Preferred shares:
Redemption premium	—			(1		)
Net income available for PepsiCo common shareholders	$	2,498	1,414	$	2,143		1,425
Basic net income attributable to PepsiCo per common share	$	1.77		$	1.50
Net income available for PepsiCo common shareholders	$	2,498	1,414	$	2,143		1,425
Dilutive securities:
Stock options, RSUs, PSUs, PEPunits and Other	—		10	—			12
Employee stock ownership plan (ESOP) convertible preferred stock	—		—	1			1
Diluted	$	2,498	1,424	$	2,144		1,438
Diluted net income attributable to PepsiCo per common share	$	1.75		$	1.49

	36 Weeks Ended
	9/8/2018				9/9/2017
	Income			Shares(a)	Income			Shares(a)
Net income attributable to PepsiCo	$	5,661			$	5,567
Preferred shares:
Redemption premium	(2		)		(3		)
Net income available for PepsiCo common shareholders	$	5,659		1,417	$	5,564		1,427
Basic net income attributable to PepsiCo per common share	$	3.99			$	3.90
Net income available for PepsiCo common shareholders	$	5,659		1,417	$	5,564		1,427
Dilutive securities:
Stock options, RSUs, PSUs, PEPunits and Other	—			10	—			12
ESOP convertible preferred stock	2			—	3			1
Diluted	$	5,661		1,427	$	5,567		1,440
Diluted net income attributable to PepsiCo per common share	$	3.97			$	3.87

(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				36 Weeks Ended
	9/8/2018		9/9/2017		9/8/2018		9/9/2017
Out-of-the-money options (a)	0.1		—		1.0		0.5
Average exercise price per option	$	115.75	$	—	$	109.63	$	109.69

(a) In millions.