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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating activities        
Net income $ 2,278.0 $ 2,255.0 $ 6,399.0 $ 6,207.0
Charges and credits:        
Depreciation and amortization 559.0 532.0 1,623.0 1,544.0
Deferred income taxes 35.0 (137.0) (49.0) (501.0)
Share-based compensation 39.0 40.0 128.0 128.0
Other (53.0) (33.0) (197.0) (48.0)
Changes in working capital items 570.0 79.0 (50.0) (514.0)
Cash provided by (used for) operations 3,428.0 2,736.0 7,854.0 6,816.0
Investing activities        
Capital expenditures (1,011.0) (794.0) (2,306.0) (1,968.0)
Purchases of restaurant businesses (109.0) (433.0) (240.0) (595.0)
Payments to Acquire Equity Method Investments 0.0 0.0 0.0 (1,837.0)
Sales of restaurant businesses 102.0 54.0 185.0 156.0
Sales of property 22.0 10.0 38.0 32.0
Other (116.0) (103.0) (430.0) (392.0)
Cash used for investing activities (1,112.0) (1,266.0) (2,753.0) (4,604.0)
Financing activities        
Net short-term borrowings (599.0) 474.0 (794.0) 133.0
Long-term financing issuances 1,833.0 0.0 4,734.0 1,731.0
Long-term financing repayments (1,251.0) 0.0 (2,644.0) (1,785.0)
Treasury stock purchases (501.0) (469.0) (1,483.0) (2,321.0)
Common stock dividends (1,262.0) (1,197.0) (3,792.0) (3,602.0)
Proceeds from stock option exercises 29.0 132.0 216.0 253.0
Other (35.0) (27.0) (121.0) (26.0)
Cash provided by (used for) financing activities (1,786.0) (1,087.0) (3,884.0) (5,617.0)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.0 46.0 110.0 47.0
Cash and equivalents increase (decrease) 537.0 429.0 1,328.0 (3,358.0)
Cash and equivalents at beginning of period 1,876.0 792.0 1,085.0 4,579.0
Cash and equivalents at end of period $ 2,413.0 $ 1,221.0 $ 2,413.0 $ 1,221.0