Consolidated Statement of Cash Flows $ in Millions	12 Months Ended
Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)
Operating activities
Net income	$ 5,924.3	$ 5,192.3	$ 4,686.5
Charges and credits:
Depreciation and amortization	1,482.0	1,363.4	1,516.5
Deferred income taxes	102.6	(36.4)	(538.6)
Share-based compensation	125.1	117.5	131.3
Net gain on sale of restaurant businesses	(308.8)	(1,155.8)	(310.7)
Other	114.2	1,050.7	407.6
Changes in working capital items:
Accounts receivable	(479.4)	(340.7)	(159.0)
Inventories, prepaid expenses and other current assets	(1.9)	(37.3)	28.1
Accounts payable	129.4	(59.7)	89.8
Income taxes	(33.4)	(396.4)	169.7
Other accrued liabilities	(87.4)	(146.4)	38.4
Cash provided by operations	6,966.7	5,551.2	6,059.6
Investing activities
Capital expenditures	(2,741.7)	(1,853.7)	(1,821.1)
Purchases of restaurant businesses	(101.7)	(77.0)	(109.5)
Sales of restaurant businesses	530.8	974.8	975.6
Proceeds from sale of businesses in China and Hong Kong	0.0	1,597.0	0.0
Sales of property	160.4	166.8	82.9
Other	(302.9)	(245.9)	(109.5)
Cash provided by (used for) investing activities	(2,455.1)	562.0	(981.6)
Financing activities
Net short-term borrowings	95.9	(1,050.3)	(286.2)
Long-term financing issuances	3,794.5	4,727.5	3,779.5
Long-term financing repayments	(1,759.6)	(1,649.4)	(822.9)
Treasury stock purchases	(5,207.7)	(4,685.7)	(11,171.0)
Common stock dividends	(3,255.9)	(3,089.2)	(3,058.2)
Proceeds from stock option exercises	403.2	456.8	299.4
Other	(20.0)	(20.5)	(3.0)
Cash used for financing activities	(5,949.6)	(5,310.8)	(11,262.4)
Effect of exchange rates on cash and equivalents	(159.8)	264.0	(103.7)
Cash and equivalents increase (decrease)	(1,597.8)	1,066.4	(6,288.1)
Change in cash balances of businesses held for sale	0.0	174.0	(174.0)
Cash and equivalents at beginning of year	2,463.8	1,223.4	7,685.5
Cash and equivalents at end of year	866.0	2,463.8	1,223.4
Supplemental cash flow disclosures
Interest paid	959.6	885.2	873.5
Income taxes paid	$ 1,734.4	$ 2,786.3	$ 2,387.5

The net change during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities, the net change during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods and the net change during the reporting period in other operating assets not otherwise defined in the taxonomy.

No definition available.