Net Income Attributable to PepsiCo per Common Share (Tables)

3 Months Ended

Mar. 21, 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:

	12 Weeks Ended
	3/21/2020			3/23/2019
	Income		Shares(a)	Income		Shares(a)
Basic net income attributable to PepsiCo per common share	$	0.96		$	1.01
Net income available for PepsiCo common shareholders	$	1,338	1,390	$	1,413	1,406
Dilutive securities:
Stock options, RSUs, PSUs and other (b)	—		6	—		7
Diluted	$	1,338	1,396	$	1,413	1,413
Diluted net income attributable to PepsiCo per common share	$	0.96		$	1.00

(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
	3/21/2020		3/23/2019
Out-of-the-money options (a)	—		1.2
Average exercise price per option	$	—	$	115.98

(a)

In millions.