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v3.3.0.814

CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 8 Months Ended
--- | --- | ---
Sep. 05, 2015 | Sep. 06, 2014 | Sep. 05, 2015 | Sep. 06, 2014
Net Revenue |  | $ 16,331 | $ 17,218 | $ 44,471 | $ 46,735
Cost of sales |  | 7,395 | 7,995 | 20,004 | 21,520
Gross Profit |  | 8,936 | 9,223 | 24,467 | 25,215
Selling, general and administrative expenses |  | 6,143 | 6,354 | 16,942 | 17,600
Venezuela impairment charges |  | 1,359 |  | 1,359 | 0
Amortization of intangible assets |  | 18 | 22 | 53 | 65
Operating Profit |  | 1,416 | 2,847 | 6,113 | 7,550
Interest expense |  | (225) | (215) | (653) | (625)
Interest income and other |  | 2 | 23 | 31 | 51
Income before income taxes |  | 1,193 | 2,655 | 5,491 | 6,976
Provision for income taxes |  | 650 | 637 | 1,723 | 1,744
Net income |  | 543 | 2,018 | 3,768 | 5,232
Less: Net income attributable to noncontrolling interests |  | 10 | 10 | 34 | 30
Net Income (Loss) Attributable to Parent |  | $ 533 | $ 2,008 | $ 3,734 | $ 5,202
Net Income Attributable to PepsiCo per Common Share |  |  |  |  |
Basic |  | $ 0.36 | $ 1.33 | $ 2.53 | $ 3.43
Diluted net income attributable to PepsiCo per common share (in dollars per share) |  | $ 0.36 | $ 1.32 | $ 2.50 | $ 3.40
Weighted-average common shares outstanding |  |  |  |  |
Basic | [1] | 1,467 | 1,507 | 1,475 | 1,515
Diluted | [1] | 1,483 | 1,525 | 1,492 | 1,532
Cash dividends declared per common share |  | $ 0.7025 | $ 0.655 | $ 2.06 | $ 1.8775
[1] | Weighted-average common shares outstanding (in millions).

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