Net Income Attributable to PepsiCo per Common Share (Tables)

12 Months Ended

Dec. 26, 2020

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:

	2020			2019			2018
	Income		Shares(a)	Income		Shares(a)	Income		Shares(a)
Net income attributable to PepsiCo	$	7,120		$	7,314		$	12,515
Preferred stock:
Redemption premium (b)	—			—			(2)
Net income available for PepsiCo common shareholders	$	7,120	1,385	$	7,314	1,399	$	12,513	1,415
Basic net income attributable to PepsiCo per common share	$	5.14		$	5.23		$	8.84
Net income available for PepsiCo common shareholders	$	7,120	1,385	$	7,314	1,399	$	12,513	1,415
Dilutive securities:
Stock options, RSUs, PSUs and other (c)	—		7	—		8	—		10
Employee stock ownership plan (ESOP) convertible preferred stock	—		—	—		—	2		—
Diluted	$	7,120	1,392	$	7,314	1,407	$	12,515	1,425
Diluted net income attributable to PepsiCo per common share	$	5.12		$	5.20		$	8.78

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

(b)See Note 11 for further information.

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

The weighted-average amount of antidilutive securities excluded from the calculation of diluted earnings per common share was immaterial for the years ended December 26, 2020, December 28, 2019 and December 29, 2018.