XML 57 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income Attributable To PepsiCo Per Common Share
 3 Months Ended
Mar. 24, 2012
Net Income Attributable To PepsiCo Per Common 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  
     3/24/12      3/19/11  
     Income     Shares(a)      Income     Shares(a)  

Net income attributable to PepsiCo

    $ 1,127         $ 1,143     

Preferred shares:

          

Dividends

      —             —       

Redemption premium

      (1 )         (2 )   
  

 

 

       

 

 

    

Net income available for PepsiCo common shareholders

    $ 1,126        1,568       $ 1,141        1,583   
  

 

 

       

 

 

    

Basic net income attributable to PepsiCo per common share

    $ 0.72         $ 0.72     
  

 

 

       

 

 

    

Net income available for PepsiCo common shareholders

    $ 1,126        1,568       $ 1,141        1,583   

Dilutive securities:

          

Stock options and RSUs(b)

     —          15         —          21   

ESOP convertible preferred stock

      1        1         2        1   
  

 

 

    

 

 

     

 

 

    

 

 

  

Diluted

    $ 1,127        1,584       $ 1,143        1,605   
  

 

 

    

 

 

     

 

 

    

 

 

  

Diluted net income attributable to PepsiCo per common share

    $ 0.71         $ 0.71     
  

 

 

       

 

 

    

(a) Weighted-average common shares outstanding (in millions).
(b) Options to purchase 29.6 million shares in 2012 and 31.3 million shares in 2011 were not included in the calculation of earnings per share because these options were out-of-the-money. These out-of-the-money options had average exercise prices of $66.93 in 2012 and $66.85 in 2011.