UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 14, 1997 (12 and 24 Weeks Ended)
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 1-1183
PEPSICO, INC.
(Exact name of registrant as specified in its charter)
North Carolina 13-1584302
(State or other jurisdiction of (I.R.S.
Employer incorporate or organization) Identification No.)
700 Anderson Hill Road
Purchase, New York 10577
(Address of principal executive offices) (Zip Code)
914-253-2000
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last
report.)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.
YES X NO
Number of shares of Capital Stock outstanding as of July 11, 1997:
1,530,535,858
Pursuant to the requirement of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned.
PEPSICO, INC.
(Registrant)
Date: August 5, 1997 Robert L. Carleton
Senior Vice President and
Controller
Date: August 5, 1997 Lawrence F. Dickie
Vice President, Associate General
Counsel and Assistant Secretary
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EXHIBIT 11
PEPSICO, INC. AND SUBSIDIARIES
Computation of Net Income Per Share of Capital Stock - Primary
(page 1 of 2)
(in millions except per share amounts, unaudited)
12 Weeks Ended 24 Weeks Ended
6/14/97 6/15/96 6/14/97 6/15/96
Shares outstanding at beginning
of period 1,539 1,574 1,545 1,576
Weighted average of shares issued
during the period for exercise of
stock options, conversion of
debentures and payment of
compensation awards 3 2 6 7
Share repurchased (weighted) (8) (8) (12) (12)
Dilutive shares contingently issuable
upon exercise of stock options,
conversion of debentures and payment
of compensation awards, net of shares
assumed to have been purchased for
treasury (at the average price) with
assumed proceeds from exercise of
stock options and compensation
awards 41 45 40 45
Total shares - primary 1,575 1,613 1,579 1,616
Net income $ 656 $ 583 $1,083 $ 977
Net income per share - primary $ 0.42 $ 0.36 $ 0.69 $ 0.60
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