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Franchise Arrangements (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure Franchise Arrangements Additional Information [Abstract]

Revenues from Franchised Restaurants

Revenues from franchised restaurants consisted of:



In millions	2015				2014				2013
Rents	$	5,860.6			$	6,106.7			$	6,054.4
Royalties	2,980.7				3,085.1				3,100.4
Initial fees	83.4				80.2				76.7
Revenues from franchised restaurants	$	8,924.7			$	9,272.0			$	9,231.5

Future Minimum Payments

Future gross minimum rent payments due to the Company under existing franchise arrangements are:



In millions	Owned sites					Leased sites					Total
2016		$	1,293.0				$	1,334.9			$	2,627.9
2017		1,245.2					1,288.4				2,533.6
2018		1,211.7					1,237.2				2,448.9
2019		1,176.8					1,178.5				2,355.3
2020		1,136.0					1,104.4				2,240.4
Thereafter		9,714.9					8,418.3				18,133.2
Total minimum payments		$	15,777.6				$	14,561.7			$	30,339.3

Future minimum payments required under existing operating leases with initial terms of one year or more are:



In millions	Restaurant					Other					Total
2016		$	1,274.0				$	75.9			$	1,349.9
2017		1,171.5					63.6				1,235.1
2018		1,058.5					54.0				1,112.5
2019		955.9					45.2				1,001.1
2020		858.4					36.4				894.8
Thereafter		6,783.5					137.9				6,921.4
Total minimum payments		$	12,101.8				$	413.0			$	12,514.8