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Franchise Arrangements (Tables) | 12 Months Ended
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Dec. 31, 2019
Disclosure Franchise Arrangements Additional Information [Abstract] |
Revenues from Franchised Restaurants | Revenues from franchised restaurants consisted of:
In millions | 2019 |  |  | 2018 |  |  | 2017 |
Rents | $ | 7,500.2 |  |  | $ | 7,082.2 |  |  | $ | 6,496.3 |
Royalties | 4,107.1 |  |  | 3,886.3 |  |  | 3,518.7 |
Initial fees | 48.4 |  |  | 44.0 |  |  | 86.5 |
Revenues from franchised restaurants | $ | 11,655.7 |  |  | $ | 11,012.5 |  |  | $ | 10,101.5 |
Future Minimum Payments | Future gross minimum rent payments due to the Company under existing conventional franchise arrangements are:
In millions | Owned sites |  |  | Leased sites |  |  | Total |
2020 |  | $ | 1,558.5 |  |  | $ | 1,449.8 |  |  | $ | 3,008.3 |
2021 |  | 1,501.4 |  |  | 1,382.5 |  |  | 2,883.9 |
2022 |  | 1,439.3 |  |  | 1,310.5 |  |  | 2,749.8 |
2023 |  | 1,384.8 |  |  | 1,246.4 |  |  | 2,631.2 |
2024 |  | 1,344.4 |  |  | 1,196.7 |  |  | 2,541.1 |
Thereafter |  | 11,155.2 |  |  | 9,354.5 |  |  | 20,509.7 |
Total minimum payments |  | $ | 18,383.6 |  |  | $ | 15,940.4 |  |  | $ | 34,324.0 |
As of December 31, 2018, prior to the adoption of ASC 842, future minimum payments required under existing operating leases with initial terms of one year or more were:
In millions | Restaurant |  |  | Other |  |  | Total * |
2019 |  | $ | 1,093.4 |  |  | $ | 51.3 |  |  | $ | 1,144.7 |
2020 |  | 1,032.1 |  |  | 51.0 |  |  | 1,083.1 |
2021 |  | 955.5 |  |  | 45.7 |  |  | 1,001.2 |
2022 |  | 873.8 |  |  | 35.7 |  |  | 909.5 |
2023 |  | 806.0 |  |  | 24.6 |  |  | 830.6 |
Thereafter |  | 7,132.3 |  |  | 164.9 |  |  | 7,297.2 |
Total minimum payments |  | $ | 11,893.1 |  |  | $ | 373.2 |  |  | $ | 12,266.3 |
* Future minimum payments exclude option periods that have not yet been exercised.

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- Definition Disclosure Franchise Arrangements Additional Information [Abstract] + References No definition available. + Details
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- Definition Schedule of franchise revenue + References No definition available. + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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