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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net income $ 1,537.2 $ 1,106.9
Charges and credits:    
Depreciation and amortization 453.9 421.3
Deferred income taxes (1.5) 276.4
Share-based compensation 27.3 25.9
Other (130.0) (87.9)
Changes in working capital items 237.1 (196.6)
Cash provided by operations 2,124.0 1,546.0
Investing activities    
Capital expenditures (368.7) (482.5)
Purchases of restaurant businesses (38.7) (19.6)
Sales of restaurant businesses 29.6 25.7
Sales of property 32.8 15.8
Other 100.4 (57.8)
Cash used for investing activities (244.6) (518.4)
Financing activities    
Net short-term borrowings 6.5 111.8
Long-term financing issuances 0.0 5,539.4
Long-term financing repayments (1,337.8) (262.7)
Treasury stock purchases (21.5) (902.6)
Common stock dividends (962.3) (930.7)
Proceeds from stock option exercises 59.1 99.3
Other (7.9) (121.5)
Cash provided by (used for) financing activities (2,263.9) 3,533.0
Effect of exchange rates on cash and cash equivalents (44.9) (79.3)
Cash and equivalents increase (decrease) (429.4) 4,481.3
Cash and equivalents at beginning of period 3,449.1 898.5
Cash and equivalents at end of period $ 3,019.7 $ 5,379.8