Net Income Attributable to PepsiCo per Common Share

3 Months Ended

Mar. 25, 2023

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
	3/25/2023			3/19/2022
	Income		Shares(a)	Income		Shares(a)





Basic net income attributable to PepsiCo per common share	$	1.40		$	3.08
Net income available for PepsiCo common shareholders	$	1,932	1,378	$	4,261	1,383
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		6	—		8
Diluted	$	1,932	1,384	$	4,261	1,391
Diluted net income attributable to PepsiCo per common share	$	1.40		$	3.06

(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 3 million and immaterial for the 12 weeks ended March 25, 2023 and March 19, 2022, respectively.