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Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Sales by Company-operated restaurants $ 2,224.3 $ 2,302.4
Revenues from franchised restaurants 3,587.5 3,262.8
Other Revenues 86.0 100.4
Total revenues 5,897.8 5,665.6
Operating costs and expenses    
Company-operated restaurant expenses 1,923.1 1,959.2
Franchised restaurants-occupancy expenses 598.3 584.0
Other Restaurant Expenses 62.8 72.3
Selling, general & administrative expenses    
Depreciation and Amortization 99.3 92.7
Other Selling, General and Administrative Expense 553.3 584.3
Other operating (income) expense, net 128.6 60.5
Total operating costs and expenses 3,365.4 3,353.0
Operating income 2,532.4 2,312.6
Interest expense 329.7 287.3
Nonoperating (income) expense, net (64.3) 484.1
Income before provision for income taxes 2,267.0 1,541.2
Provision for income taxes 464.7 436.8
Net income $ 1,802.3 $ 1,104.4
Earnings per common share-basic $ 2.47 $ 1.49
Earnings per common share-diluted 2.45 1.48
Dividends declared per common share $ 1.52 $ 1.38
Weighted average shares outstanding-basic 730.9 742.6
Weighted average shares outstanding-diluted 735.5 747.6