The computations of basic and diluted net income attributable to PepsiCo per common share are as follows:



	12 Weeks Ended
	9/6/2014				9/7/2013
	Income			Shares ^(a)	Income		Shares ^(a)
Net income attributable to PepsiCo	$	2,008			$	1,913
Preferred shares:
Dividends	—				—
Redemption premium	(3		)		—
Net income available for PepsiCo common shareholders	$	2,005		1,507	$	1,913	1,542
Basic net income attributable to PepsiCo per common share	$	1.33			$	1.24
Net income available for PepsiCo common shareholders	$	2,005		1,507	$	1,913	1,542
Dilutive securities:
Stock options, RSUs, PEPUnits and Other^(b)	—			17	—		18
Employee stock ownership plan (ESOP) convertible preferred stock	3			1	—		1
Diluted	$	2,008		1,525	$	1,913	1,561
Diluted net income attributable to PepsiCo per common share	$	1.32			$	1.23



	36 Weeks Ended
	9/6/2014				9/7/2013
	Income			Shares ^(a)	Income			Shares ^(a)
Net income attributable to PepsiCo	$	5,202			$	4,998
Preferred shares:
Dividends	—				(1		)
Redemption premium	(6		)		(4		)
Net income available for PepsiCo common shareholders	$	5,196		1,515	$	4,993		1,545
Basic net income attributable to PepsiCo per common share	$	3.43			$	3.23
Net income available for PepsiCo common shareholders	$	5,196		1,515	$	4,993		1,545
Dilutive securities:
Stock options, RSUs, PEPUnits and Other ^(b)	—			16	—			18
ESOP convertible preferred stock	6			1	5			1
Diluted	$	5,202		1,532	$	4,998		1,564
Diluted net income attributable to PepsiCo per common share	$	3.40			$	3.20


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

(b)

For the 12 weeks in 2014 and 2013, the calculation of diluted earnings per common share was unadjusted because there were no out-of-the-money options during the period. For the 36 weeks, options to purchase 0.1 million shares in 2014 and 0.9 million shares in 2013 were not included in the calculation of diluted earnings per common share because these options were out-of-the-money. These out-of-the-money options had average exercise prices of $82.25 in 2014 and $75.69 in 2013.