XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Sales by Company-operated restaurants $ 2,112.8 $ 2,488.7 $ 4,415.2 $ 4,650.2
Revenues from franchised restaurants 3,526.8 3,306.2 6,789.6 6,183.6
Other revenues 78.8 93.0 179.2 178.7
Total revenues 5,718.4 5,887.9 11,384.0 11,012.5
Operating costs and expenses        
Company-operated restaurant expenses 1,769.8 2,021.0 3,729.0 3,838.6
Franchised restaurants-occupancy expenses 588.6 579.1 1,172.6 1,150.6
Other restaurant expenses 57.9 68.3 130.2 135.5
Selling, general & administrative expenses        
Depreciation and amortization 93.0 83.1 185.7 159.1
Other 611.2 572.4 1,195.5 1,062.8
Other operating (income) expense, net 886.1 (127.1) 946.6 (306.5)
Total operating costs and expenses 4,006.6 3,196.8 7,359.6 6,040.1
Operating income 1,711.8 2,691.1 4,024.4 4,972.4
Interest expense 290.6 296.5 577.9 596.5
Nonoperating (income) expense, net 12.1 18.6 496.2 47.2
Income before provision for income taxes 1,409.1 2,376.0 2,950.3 4,328.7
Provision for income taxes 221.1 156.7 657.9 572.2
Net income $ 1,188.0 $ 2,219.3 $ 2,292.4 $ 3,756.5
Earnings per common share-basic (in dollars per share) $ 1.61 $ 2.97 $ 3.10 $ 5.03
Earnings per common share-diluted (in dollars per share) 1.60 2.95 3.08 5.00
Dividends declared per common share (in dollars per share) $ 1.38 $ 1.29 $ 2.76 $ 2.58
Weighted average shares outstanding-basic (in shares) 737.5 746.6 740.0 746.2
Weighted average shares outstanding-diluted (in shares) 742.0 752.1 744.8 751.6