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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Sales by Company-operated restaurants $ 2,598.4 $ 2,286.4 $ 7,248.6 $ 5,905.9
Revenues from franchised restaurants 3,510.2 3,044.8 9,693.8 7,740.8
Other Revenues 92.7 86.9 271.4 247.3
Total revenues 6,201.3 5,418.1 17,213.8 13,894.0
Operating costs and expenses        
Company-operated restaurant expenses 2,108.4 1,876.3 5,947.0 5,077.5
Franchised restaurants-occupancy expenses 592.6 567.9 1,743.2 1,646.6
Other Restaurant Expenses 68.9 69.2 204.4 198.0
Depreciation and Amortization 84.1 75.8 243.2 220.3
Other Selling, General and Administrative Expense 559.6 454.7 1,622.4 1,547.0
Other operating (income) expense, net (198.8) (152.2) (505.3) 23.5
Total operating costs and expenses 3,214.8 2,891.7 9,254.9 8,712.9
Operating income 2,986.5 2,526.4 7,958.9 5,181.1
Interest expense 293.7 310.1 890.2 909.2
Nonoperating (income) expense, net 1.4 (0.8) 48.6 (38.8)
Income before provision for income taxes 2,691.4 2,217.1 7,020.1 4,310.7
Provision for income taxes 541.5 454.5 1,113.7 957.4
Net income $ 2,149.9 $ 1,762.6 $ 5,906.4 $ 3,353.3
Earnings per common share-basic $ 2.88 $ 2.37 $ 7.91 $ 4.50
Earnings per common share-diluted 2.86 2.35 7.86 4.47
Dividends declared per common share $ 2.67 $ 1.25 $ 5.25 $ 3.75
Weighted average shares outstanding-basic 747.1 744.5 746.5 744.4
Weighted average shares outstanding-diluted 752.6 750.0 751.9 749.8