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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows - Operating Activities    
Net Income (Loss) Attributable to Parent $ 1,208 $ 904
Depreciation and amortization 103 195
Refranchising (gain) loss (285) (331)
Other investment (income) expense, net (185) (3)
Contributions to defined benefit pension plans (9) (47)
Deferred income taxes 32 122
Share-based compensation expense 36 53
Changes in accounts and notes receivable (35) 17
Changes in prepaid expenses and other current assets 10 (7)
Changes in accounts payable and other current liabilities (81) (168)
Changes in income taxes payable (47) (125)
Other, net 49 108
Net Cash Provided by Operating Activities 796 718
Cash Flows - Investing Activities    
Capital spending (147) (228)
Investment in Grubhub Inc. common stock (200) 0
Proceeds from refranchising of restaurants 445 716
Other, net (9) 1
Net Cash Used in Investing Activities 89 489
Cash Flows - Financing Activities    
Proceeds from long-term debt 106 1,088
Repayments of long-term debt (462) (372)
Revolving credit facilities, three months or less, net 273 35
Short-term borrowings by original maturity    
More than three months - proceeds 59 0
More than three months - payments (59) 0
Three months or less, net 0 0
Repurchase shares of Common Stock (1,684) (1,348)
Dividends paid on Common Stock (349) (315)
Debt issuance costs 0 (32)
Other, net (45) (85)
Net Cash Provided by (Used in) Financing Activities (2,161) (1,029)
Effect of Exchange Rates on Cash and Cash Equivalents (55) 42
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (1,331) 220
Cash and Cash Equivalents - End of Period 198  
Cash, Cash Equivalents and Restricted Cash as presented in the Consolidated Statement of Cash Flows $ 337 [1] $ 1,051
[1] Upon adoption of Topic 606 we reclassified $11 million and $58 million, respectively, from Advertising cooperative assets, restricted to Cash and cash equivalents and Prepaid expenses and other current assets. These amounts are included in the Beginning of Period balance of Cash, Cash Equivalents, Restricted Cash and Restricted Cash equivalents in our Condensed Consolidated Statement of Cash Flows for the year to date ended September 30, 2018.