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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES      
Sales by Company-operated restaurants $ 9,787.4 $ 8,139.2 $ 9,420.8
Revenues from franchised restaurants 13,085.4 10,726.1 11,655.7
Other Revenues 350.1 342.5 287.9
Total revenues 23,222.9 19,207.8 21,364.4
OPERATING COSTS AND EXPENSES      
Food & paper 3,096.8 2,564.2 2,980.3
Payroll & employee benefits 2,677.2 2,416.4 2,704.4
Occupancy & other operating expenses 2,273.3 2,000.6 2,075.9
Franchised restaurants occupancy expenses 2,335.0 2,207.5 2,200.6
Other Expenses 260.4 267.0 223.8
Depreciation, Depletion and Amortization 329.7 300.6 262.5
Other Selling, General and Administrative Expense 2,377.8 2,245.0 1,966.9
Other operating (income) expense, net (483.3) (117.5) (119.8)
Total operating costs and expenses 12,866.9 11,883.8 12,294.6
Operating income 10,356.0 7,324.0 9,069.8
Interest expense-net of capitalized interest of $6.8, $6.0 and $7.4 1,185.8 1,218.1 1,121.9
Nonoperating (income) expense, net 42.3 (34.8) (70.2)
Income before provision for income taxes 9,127.9 6,140.7 8,018.1
Provision for income taxes 1,582.7 1,410.2 1,992.7
Net income $ 7,545.2 $ 4,730.5 $ 6,025.4
Earnings per common share–basic $ 10.11 $ 6.35 $ 7.95
Earnings per common share–diluted 10.04 6.31 7.88
Dividends declared per common share (in dollars per share) $ 5.25 $ 5.04 $ 4.73
Weighted-average shares outstanding–basic 746.3 744.6 758.1
Weighted-average shares outstanding–diluted 751.8 750.1 764.9