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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Sales by Company-operated restaurants $ 2,161.5 $ 2,025.8
Revenues from franchised restaurants 2,877.4 2,608.0
Other Revenues 85.7 80.6
Total revenues 5,124.6 4,714.4
Operating costs and expenses    
Company-operated restaurant expenses 1,817.6 1,752.8
Franchised restaurants-occupancy expenses 571.5 554.2
Other Restaurant Expenses 67.2 65.5
Depreciation and Amortization 76.0 73.5
Other Selling, General and Administrative Expense 490.4 516.3
Other operating (income) expense, net (179.4) 58.5
Total operating costs and expenses 2,843.3 3,020.8
Operating income 2,281.3 1,693.6
Interest expense 300.0 280.0
Nonoperating (income) expense, net 28.6 (31.3)
Income before provision for income taxes 1,952.7 1,444.9
Provision for income taxes 415.5 338.0
Net income $ 1,537.2 $ 1,106.9
Earnings per common share-basic $ 2.06 $ 1.49
Earnings per common share-diluted 2.05 1.47
Dividends declared per common share $ 1.29 $ 1.25
Weighted average shares outstanding-basic 745.8 744.8
Weighted average shares outstanding-diluted 751.0 750.7