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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ 1,375.4 $ 1,214.8
Charges and credits:    
Depreciation and amortization 362.9 325.3
Deferred income taxes 29.2 85.9
Share-based compensation 39.8 22.7
Other (54.9) (112.7)
Changes in working capital items (107.2) 8.0
Cash provided by operations 1,645.2 1,544.0
Investing activities    
Capital expenditures (552.8) (427.7)
Purchases of restaurant businesses (23.7) (3.1)
Sales of restaurant businesses 186.7 545.8
Sales of property 71.7 65.3
Other (41.0) (42.2)
Cash provided by (used for) investing activities (359.1) 138.1
Financing activities    
Net short-term borrowings 556.0 (769.2)
Long-term financing issuances 1,499.7 1,993.0
Long-term financing repayments (1,001.6) (402.1)
Treasury stock purchases (1,632.9) (748.0)
Common stock dividends (797.5) (770.6)
Proceeds from stock option exercises 75.3 116.2
Other (5.2) (6.5)
Cash used for financing activities (1,306.2) (587.2)
Effect of exchange rates on cash and cash equivalents 24.3 54.7
Cash and equivalents increase 4.2 1,149.6
Change in cash balances of businesses held for sale 0.0 39.2
Cash and equivalents at beginning of period 2,463.8 1,223.4
Cash and equivalents at end of period $ 2,468.0 $ 2,412.2