XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Sales by Company-operated restaurants $ 2,400.4 $ 2,594.9 $ 4,640.9 $ 5,130.5
Revenues from franchised restaurants 2,940.9 2,759.0 5,656.0 5,362.3
Total revenues 5,341.3 5,353.9 10,296.9 10,492.8
Operating costs and expenses        
Company-operated restaurant expenses 1,967.1 2,130.5 3,853.3 4,261.4
Franchised restaurants-occupancy expenses 544.7 483.9 1,077.8 964.2
Selling, general & administrative expenses 533.1 542.1 1,032.2 1,075.2
Other operating (income) expense, net 22.5 (64.9) (34.3) (213.4)
Total operating costs and expenses 3,067.4 3,091.6 5,929.0 6,087.4
Operating income 2,273.9 2,262.3 4,367.9 4,405.4
Interest expense 284.2 240.2 558.3 477.0
Nonoperating (income) expense, net (18.1) 4.0 (29.5) 22.4
Income before provision for income taxes 2,007.8 2,018.1 3,839.1 3,906.0
Provision for income taxes 490.9 521.8 993.8 1,034.3
Net income $ 1,516.9 $ 1,496.3 $ 2,845.3 $ 2,871.7
Earnings per common share-basic $ 1.99 $ 1.92 $ 3.73 $ 3.66
Earnings per common share-diluted 1.97 1.90 3.69 3.62
Dividends declared per common share $ 1.16 $ 1.01 $ 2.32 $ 2.02
Weighted average shares outstanding-basic 761.8 780.0 763.3 785.4
Weighted average shares outstanding-diluted 768.7 787.1 770.2 793.0