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Quarterly Results (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results |
Quarterly Results (Unaudited)
|  | Quarters ended December 31 |  |  |  | Quarters ended September 30 |  |  |  | Quarters ended June 30 |  |  |  | Quarters ended March 31 |
In millions, except per share data |  | 2019 |  |  | 2018 |  |  |  | 2019 |  |  | 2018 |  |  |  | 2019 |  |  | 2018 |  |  |  | 2019 |  |  | 2018 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales by Company-operated restaurants |  | $ | 2,363.3 |  |  | $ | 2,371.2 |  |  |  | $ | 2,416.6 |  |  | $ | 2,511.0 |  |  |  | $ | 2,400.4 |  |  | $ | 2,594.9 |  |  |  | $ | 2,240.5 |  |  | $ | 2,535.6 |
Revenues from franchised restaurants |  | 2,985.7 |  |  | 2,791.8 |  |  |  | 3,014.0 |  |  | 2,858.4 |  |  |  | 2,940.9 |  |  | 2,759.0 |  |  |  | 2,715.1 |  |  | 2,603.3 |
Total revenues |  | 5,349.0 |  |  | 5,163.0 |  |  |  | 5,430.6 |  |  | 5,369.4 |  |  |  | 5,341.3 |  |  | 5,353.9 |  |  |  | 4,955.6 |  |  | 5,138.9 |
Company-operated margin |  | 423.7 |  |  | 414.6 |  |  |  | 448.9 |  |  | 463.1 |  |  |  | 433.3 |  |  | 464.4 |  |  |  | 354.3 |  |  | 404.7 |
Franchised margin |  | 2,422.4 |  |  | 2,282.1 |  |  |  | 2,454.5 |  |  | 2,359.0 |  |  |  | 2,396.2 |  |  | 2,275.1 |  |  |  | 2,182.0 |  |  | 2,123.0 |
Operating income |  | 2,292.6 |  |  | 1,999.5 |  |  |  | 2,409.3 |  |  | 2,417.7 |  |  |  | 2,273.9 |  |  | 2,262.3 |  |  |  | 2,094.0 |  |  | 2,143.1 |
Net income |  | $ | 1,572.2 |  |  | $ | 1,415.3 |  |  |  | $ | 1,607.9 |  |  | $ | 1,637.3 |  |  |  | $ | 1,516.9 |  |  | $ | 1,496.3 |  |  |  | $ | 1,328.4 |  |  | $ | 1,375.4 |
Earnings per common share—basic |  | $ | 2.10 |  |  | $ | 1.84 |  |  |  | $ | 2.13 |  |  | $ | 2.12 |  |  |  | $ | 1.99 |  |  | $ | 1.92 |  |  |  | $ | 1.74 |  |  | $ | 1.74 |
Earnings per common share—diluted |  | $ | 2.08 |  |  | $ | 1.82 |  |  |  | $ | 2.11 |  |  | $ | 2.10 |  |  |  | $ | 1.97 |  |  | $ | 1.90 |  |  |  | $ | 1.72 |  |  | $ | 1.72 |
Dividends declared per common share |  | $ | — |  |  | $ | — |  |  |  | $ | 2.41 |  | (1) | $ | 2.17 |  | (1) |  | $ | 1.16 |  |  | $ | 1.01 |  |  |  | $ | 1.16 |  |  | $ | 1.01 |
Weighted-average common shares—basic |  | 749.2 |  |  | 769.5 |  |  |  | 756.6 |  |  | 772.8 |  |  |  | 761.8 |  |  | 780.0 |  |  |  | 764.9 |  |  | 790.9 |
Weighted-average common shares—diluted |  | 755.6 |  |  | 776.6 |  |  |  | 763.9 |  |  | 779.6 |  |  |  | 768.7 |  |  | 787.1 |  |  |  | 771.6 |  |  | 798.7 |
(1) Includes a $1.16 and $1.01 per share dividend declared and paid in third quarter of 2019 and 2018, respectively, and a $1.25 and $1.16 per share dividend declared in the third quarter and paid in fourth quarter of 2019 and 2018, respectively.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
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