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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Sales by Company-operated restaurants $ 2,594.9 $ 3,569.6 $ 5,130.5 $ 6,981.5
Revenues from franchised restaurants 2,759.0 2,480.1 5,362.3 4,744.1
Total revenues 5,353.9 6,049.7 10,492.8 11,725.6
Operating costs and expenses        
Company-operated restaurant expenses 2,130.5 2,903.3 4,261.4 5,719.7
Franchised restaurants-occupancy expenses 483.9 438.0 964.2 868.1
Selling, general & administrative expenses 542.1 525.4 1,075.2 1,046.7
Other operating (income) expense, net (64.9) (112.1) (213.4) (238.0)
Total operating costs and expenses 3,091.6 3,754.6 6,087.4 7,396.5
Operating income 2,262.3 2,295.1 4,405.4 4,329.1
Interest expense 240.2 230.9 477.0 449.5
Nonoperating (income) expense, net 4.0 2.8 22.4 10.7
Income before provision for income taxes 2,018.1 2,061.4 3,906.0 3,868.9
Provision for income taxes 521.8 666.3 1,034.3 1,259.0
Net income $ 1,496.3 $ 1,395.1 $ 2,871.7 $ 2,609.9
Earnings per common share-basic $ 1.92 $ 1.72 $ 3.66 $ 3.20
Earnings per common share-diluted 1.90 1.70 3.62 3.17
Dividends declared per common share $ 1.01 $ 0.94 $ 2.02 $ 1.88
Weighted average shares outstanding-basic 780.0 811.6 785.4 815.2
Weighted average shares outstanding-diluted 787.1 819.2 793.0 822.3