Net Income Attributable to PepsiCo per Common Share

3 Months Ended

Mar. 19, 2022

Earnings Per Share [Abstract]

Net Income Attributable to PepsiCo per Common Share

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
	3/19/2022			3/20/2021
	Income		Shares(a)	Income		Shares(a)
Basic net income attributable to PepsiCo per common share	$	3.08		$	1.24
Net income available for PepsiCo common shareholders	$	4,261	1,383	$	1,714	1,380
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		8	—		7
Diluted	$	4,261	1,391	$	1,714	1,387
Diluted net income attributable to PepsiCo per common share	$	3.06		$	1.24

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

(b)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 both the 12 weeks ended March 19, 2022 and March 20, 2021.