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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Sales by Company-operated restaurants $ 2,488.7 $ 1,593.7 $ 4,650.2 $ 3,619.5
Revenues from franchised restaurants 3,306.2 2,088.0 6,183.6 4,696.0
Other Revenues 93.0 79.8 178.7 160.4
Total revenues 5,887.9 3,761.5 11,012.5 8,475.9
Operating costs and expenses        
Company-operated restaurant expenses 2,021.0 1,448.4 3,838.6 3,201.2
Franchised restaurants-occupancy expenses 579.1 524.5 1,150.6 1,078.7
Other Restaurant Expenses 68.3 63.3 135.5 128.8
Depreciation and Amortization 83.1 71.0 159.1 144.5
Other Selling, General and Administrative Expense 572.4 576.0 1,062.8 1,092.3
Other operating (income) expense, net (127.1) 117.2 (306.5) 175.7
Total operating costs and expenses 3,196.8 2,800.4 6,040.1 5,821.2
Operating income 2,691.1 961.1 4,972.4 2,654.7
Interest expense 296.5 319.1 596.5 599.1
Nonoperating (income) expense, net 18.6 (6.7) 47.2 (38.0)
Income before provision for income taxes 2,376.0 648.7 4,328.7 2,093.6
Provision for income taxes 156.7 164.9 572.2 502.9
Net income $ 2,219.3 $ 483.8 $ 3,756.5 $ 1,590.7
Earnings per common share-basic $ 2.97 $ 0.65 $ 5.03 $ 2.14
Earnings per common share-diluted 2.95 0.65 5.00 2.12
Dividends declared per common share $ 1.29 $ 1.25 $ 2.58 $ 2.50
Weighted average shares outstanding-basic 746.6 743.8 746.2 744.3
Weighted average shares outstanding-diluted 752.1 748.6 751.6 749.6