Faster, stronger, better. Annual report 2019 creating more smiles with every sip

Consolidated Statement of Income
PepsiCo, Inc. and Subsidiaries
Fiscal years ended December 28, 2019, December 29, 2018 and December 30, 2017 
(in millions except per share amounts)
2019
2018
2017
Net Revenue
$ 67,161 $ 64,661 $ 63,525
Cost of sales
30,132
29,381
28,796
Gross profit
37,029
35,280
34,729
Selling, general and administrative expenses
26,738
25,170
24,453
Operating Profit
10,291
10,110
10,276
Other pension and retiree medical benefits (expense)/income
(44)
298
233
Interest expense
(1,135)
(1,525)
(1,151)
Interest income and other
200
306
244
Income before income taxes
9,312
9,189
9,602
Provision for/(benefit from) income taxes (See Note 5)
1,959
(3,370)
4,694
Net income
7,353
12,559
4,908
Less: Net income attributable to noncontrolling interests
39
44
51
Net Income Attributable to PepsiCo
$
7,314 $ 12,515 $
4,857
Net Income Attributable to PepsiCo per Common Share
Basic
$
5.23 $
8.84 $
3.40
Diluted
$
5.20 $
8.78 $
3.38
Weighted-average common shares outstanding
Basic
1,399
1,415
1,425
Diluted
1,407
1,425
1,438
See accompanying notes to the consolidated financial statements.

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Consolidated Statement of Comprehensive Income
PepsiCo, Inc. and Subsidiaries
Fiscal years ended December 28, 2019, December 29, 2018 and December 30, 2017 
(in millions)