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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and equivalents $ 3,708.1 $ 2,583.8
Accounts and notes receivable 2,075.5 2,115.0
Inventories, at cost, not in excess of market 51.5 52.0
Prepaid expenses and other current assets 963.6 673.4
Total current assets 6,798.7 5,424.2
Other assets    
Investments in and advances to affiliates 1,087.6 1,064.5
Goodwill 2,930.6 2,900.4
Miscellaneous 4,794.8 4,707.2
Total other assets 8,813.0 8,672.1
Lease right-of-use asset, net 12,544.2 12,565.7
Property and equipment    
Property and equipment, at cost 41,487.1 41,037.6
Accumulated depreciation and amortization (17,628.6) (17,264.0)
Net property and equipment 23,858.5 23,773.6
Total assets 52,014.4 50,435.6
Current liabilities    
Short-term borrowings and current maturities of long-term debt 524.2 0.0
Accounts payable 811.8 980.2
Lease liability 668.7 661.1
Income taxes 795.8 274.9
Other taxes 273.0 255.1
Accrued interest 364.6 393.4
Accrued payroll and other liabilities 1,186.6 1,237.4
Total current liabilities 4,624.7 3,802.1
Long-term debt 36,603.7 35,903.5
Long-term lease liability 12,122.6 12,134.4
Long-term income taxes 737.1 791.9
Deferred revenues - initial franchise fees 760.5 757.8
Other long-term liabilities 1,059.4 1,051.8
Deferred income taxes 1,882.5 1,997.5
Shareholders' equity (deficit)    
Preferred stock, no par value; authorized—165.0 million shares; issued—none 0.0 0.0
Common stock, $0.01 par value; authorized—3.5 billion shares; issued—1,660.6 million shares 16.6 16.6
Additional paid-in capital 8,635.5 8,547.1
Retained earnings 60,235.0 59,543.9
Accumulated other comprehensive income (loss) (2,489.4) (2,486.6)
Common stock in treasury, at cost; 928.2 and 915.8 million shares (72,173.8) (71,624.4)
Total shareholders' equity (deficit) (5,776.1) (6,003.4)
Total liabilities and shareholders' equity (deficit) $ 52,014.4 $ 50,435.6