XML 20 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating activities        
Net income $ 2,219.3 $ 483.8 $ 3,756.5 $ 1,590.7
Charges and credits:        
Depreciation and amortization 463.4 425.7 917.3 847.0
Deferred income taxes (368.9) (42.1) (370.4) 234.3
Share-based compensation 36.5 30.8 63.8 56.7
Other (71.2) 119.2 (201.2) 31.3
Changes in working capital items (545.9) (1,230.5) (308.8) (1,427.1)
Cash provided by (used for) operations 1,733.2 (213.1) 3,857.2 1,332.9
Investing activities        
Capital expenditures (482.6) (305.0) (851.3) (787.5)
Purchases of restaurant businesses (49.4) (23.7) (88.1) (43.3)
Sales of restaurant businesses 52.2 1.8 81.8 27.5
Sales of property 23.8 1.8 56.6 17.6
Other 42.5 (71.5) 142.9 (129.3)
Cash used for investing activities (413.5) (396.6) (658.1) (915.0)
Financing activities        
Net short-term borrowings 1.4 (4.1) 7.9 107.7
Long-term financing issuances 0.0 0.8 0.0 5,540.2
Long-term financing repayments (401.2) (699.9) (1,739.0) (962.6)
Treasury stock purchases (3.0) (2.3) (24.5) (904.9)
Common stock dividends (963.3) (929.7) (1,925.6) (1,860.4)
Proceeds from stock option exercises 72.9 57.7 132.0 157.0
Other (13.1) (0.4) (21.0) (121.9)
Cash provided by (used for) financing activities (1,306.3) (1,577.9) (3,570.2) 1,955.1
Effect of exchange rates on cash and cash equivalents 16.3 63.5 (28.6) (15.8)
Cash and equivalents increase (decrease) 29.7 (2,124.1) (399.7) 2,357.2
Cash and equivalents at beginning of period 3,019.7 5,379.8 3,449.1 898.5
Cash and equivalents at end of period $ 3,049.4 $ 3,255.7 $ 3,049.4 $ 3,255.7