XML 25 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 4,529.3 $ 4,757.8 $ 5,585.9
Charges and credits:      
Depreciation and amortization 1,555.7 1,644.5 1,585.1
Deferred income taxes (1.4) (90.7) 25.2
Share-based compensation 110.0 112.8 89.1
Other 177.6 369.5 26.8
Changes in working capital items:      
Accounts receivable (180.6) 27.0 56.2
Inventories, prepaid expenses and other current assets 44.9 (4.9) (44.4)
Accounts payable (15.0) (74.7) (60.7)
Income taxes (64.4) 3.3 (154.4)
Other accrued liabilities 383.0 (14.3) 11.9
Cash provided by operations 6,539.1 6,730.3 7,120.7
Investing activities      
Capital expenditures (1,813.9) (2,583.4) (2,824.7)
Purchases of restaurant businesses (140.6) (170.5) (181.0)
Sales of restaurant businesses and property 554.2 489.9 440.1
Other (19.7) (40.9) (108.2)
Cash used for investing activities (1,420.0) (2,304.9) (2,673.8)
Financing activities      
Net short-term borrowings 589.7 510.4 (186.5)
Long-term financing issuances 10,220.0 1,540.6 1,417.2
Long-term financing repayments (1,054.5) (548.1) (695.4)
Treasury stock purchases (6,099.2) (3,198.6) (1,777.8)
Common stock dividends (3,230.3) (3,216.1) (3,114.6)
Proceeds from stock option exercises 317.2 235.4 233.3
Excess tax benefit on share-based compensation 51.1 70.9 92.6
Other (58.7) (12.8) (11.8)
Cash provided by (used for) financing activities 735.3 (4,618.3) (4,043.0)
Effect of exchange rates on cash and equivalents (246.8) (527.9) 58.7
Cash and equivalents increase (decrease) 5,607.6 (720.8) 462.6
Cash and equivalents at beginning of year 2,077.9 2,798.7 2,336.1
Cash and equivalents at end of year 7,685.5 2,077.9 2,798.7
Supplemental cash flow disclosures      
Interest paid 640.8 573.2 532.7
Income taxes paid $ 1,985.4 $ 2,388.3 $ 2,546.0