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Franchise Arrangements (Tables)

12 Months Ended

Dec. 31, 2024

Lessor Disclosure [Abstract]

Revenues from Franchised Restaurants

Revenues from franchised restaurants consisted of:

In millions			2024						2023						2022
Rents			$	10,017					$	9,840					$	9,046
Royalties			5,606						5,531						5,006
Initial fees			92						66						54
Revenues from franchised restaurants			$	15,715					$	15,437					$	14,106

Future Gross Minimum Rent Payments

Future gross minimum rent payments due to the Company under existing conventional franchise arrangements are:

In millions			Owned sites									Leased sites						Total
2025						$	1,455					$	1,425					$	2,880
2026						1,401						1,361						2,762
2027						1,353						1,301						2,654
2028						1,298						1,236						2,534
2029						1,227						1,166						2,393
Thereafter						8,462						7,913						16,375
Total minimum payments						$	15,196					$	14,402					$	29,598

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Schedule of franchise revenue

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- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-12

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