XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statement of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Sales by Company-operated restaurants $ 2,355.0 $ 2,224.0
Revenues from franchised restaurants 3,723.0 3,588.0
Other Revenues 91.0 86.0
Total revenues 6,169.0 5,898.0
Operating costs and expenses    
Company-operated restaurant expenses 2,035.0 1,923.0
Franchised restaurants-occupancy expenses 627.0 598.0
Other Restaurant Expenses 68.0 63.0
Selling, general & administrative expenses    
Depreciation and Amortization 99.0 99.0
Other Selling, General and Administrative Expense 622.0 553.0
Other operating (income) expense, net (17.0) (129.0)
Total operating costs and expenses 3,433.0 3,365.0
Operating income 2,736.0 2,532.0
Interest expense 372.0 330.0
Nonoperating (income) expense, net (45.0) 64.0
Income before provision for income taxes 2,409.0 2,267.0
Provision for income taxes 479.0 465.0
Net income $ 1,929.0 $ 1,802.0
Earnings per common share-basic $ 2.67 $ 2.47
Earnings per common share-diluted 2.66 2.45
Dividends declared per common share $ 1.67 $ 1.52
Weighted average shares outstanding-basic 721.8 730.9
Weighted average shares outstanding-diluted 725.9 735.5