v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of earnings per share
Second QuarterFirst Six Months
(in millions, except per share data)2026202520262025
Net income attributable to KDP$142 $547 $412 $1,064 
Less: Net income allocated to Preferred Investors(1)
82 — 82 — 
Net income attributable to common shareholders$60 $547 $330 $1,064 
Weighted average common shares outstanding1,360.6 1,358.3 1,359.9 1,357.7 
Dilutive effect of stock-based awards3.9 4.5 4.3 4.9 
Weighted average common shares outstanding and common stock equivalents1,364.5 1,362.8 1,364.2 1,362.6 
Basic EPS$0.04 $0.40 $0.24 $0.78 
Diluted EPS0.04 0.40 0.24 0.78 
Anti-dilutive shares excluded from the diluted weighted average shares outstanding calculation1.6 0.4 2.1 0.4 
(1)For the periods presented, the preferred dividend rate was determined to be the greater amount used to determine the net income allocated to the Preferred Investors.