Net Income Attributable to PepsiCo per Common Share

8 Months Ended

Sep. 05, 2020

The computations of basic and diluted net income attributable to PepsiCo per common share are as follows:


	12 Weeks Ended
	9/5/2020					9/7/2019
	Income		Shares^(a)	Income		Shares^(a)




Basic net income attributable to PepsiCo per common share	$	1.66		$	1.50
Net income available for PepsiCo common shareholders	$	2,291	1,384	$	2,100	1,397
Dilutive securities:
Stock options, RSUs, PSUs and other ^(b)	—		6	—		8

Diluted	$	2,291	1,390	$	2,100	1,405
Diluted net income attributable to PepsiCo per common share	$	1.65		$	1.49


	36 Weeks Ended
	9/5/2020					9/7/2019
	Income		Shares^(a)	Income		Shares^(a)





Basic net income attributable to PepsiCo per common share	$	3.80		$	3.96
Net income available for PepsiCo common shareholders	$	5,275	1,387	$	5,548	1,401
Dilutive securities:
Stock options, RSUs, PSUs and other ^(b)	—		6	—		8
Diluted	$	5,275	1,393	$	5,548	1,409
Diluted net income attributable to PepsiCo per common share	$	3.79		$	3.94

(a)Weighted-average common shares outstanding (in millions).

(b)The dilutive effect of these securities is calculated using the treasury stock method.

Out-of-the-money options excluded from the calculation of diluted earnings per common share are as follows:


	12 Weeks Ended						36 Weeks Ended
	9/5/2020		9/7/2019		9/5/2020		9/7/2019
Out-of-the-money options ^(a)	0.1		—		0.6		0.4
Average exercise price per option	$	137.25	$	—	$	131.76	$	115.98

(a)In millions.