XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Sales by Company-operated restaurants $ 3,411.9 $ 3,753.5
Revenues from franchised restaurants 2,264.0 2,150.4
Total revenues 5,675.9 5,903.9
Operating costs and expenses    
Company-operated restaurant expenses 2,816.4 3,175.3
Franchised restaurants-occupancy expenses 430.1 415.1
Selling, general & administrative expenses 521.3 578.0
Other operating (income) expense, net (125.9) (44.8)
Total operating costs and expenses 3,641.9 4,123.6
Operating income 2,034.0 1,780.3
Interest expense 218.6 218.3
Nonoperating (income) expense, net 7.9 (14.4)
Income before provision for income taxes 1,807.5 1,576.4
Provision for income taxes 592.7 451.6
Net income $ 1,214.8 $ 1,124.8
Earnings per common share-basic $ 1.48 $ 1.27
Earnings per common share-diluted 1.47 1.25
Dividends declared per common share $ 0.94 $ 0.89
Weighted average shares outstanding-basic 818.8 888.9
Weighted average shares outstanding-diluted 825.2 896.3