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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Sales by Company-operated restaurants $ 2,025.8 $ 2,240.5
Revenues from franchised restaurants 2,608.0 2,715.1
Other Revenues 80.6 68.5
Total revenues 4,714.4 5,024.1
Operating costs and expenses    
Company-operated restaurant expenses 1,752.8 1,886.2
Franchised restaurants-occupancy expenses 554.2 533.1
Other Restaurant Expenses 65.5 53.3
Depreciation and Amortization 73.5 61.4
Other Selling, General and Administrative Expense 516.3 437.7
Other operating (income) expense, net 58.5 (41.6)
Total operating costs and expenses 3,020.8 2,930.1
Operating income 1,693.6 2,094.0
Interest expense 280.0 274.1
Nonoperating (income) expense, net (31.3) (11.4)
Income before provision for income taxes 1,444.9 1,831.3
Provision for income taxes 338.0 502.9
Net income $ 1,106.9 $ 1,328.4
Earnings per common share-basic $ 1.49 $ 1.74
Earnings per common share-diluted 1.47 1.72
Dividends declared per common share $ 1.25 $ 1.16
Weighted average shares outstanding-basic 744.8 764.9
Weighted average shares outstanding-diluted 750.7 771.6