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Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2018
Selected Quarterly Financial Data (Unaudited) [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Selected Quarterly Financial Data (Unaudited)
|  | 2018
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Company sales |  | $ | 512 |  |  | $ | 512 |  |  | $ | 499 |  |  | $ | 477 |  |  | $ | 2,000 |
Franchise and property revenues |  | 584 |  |  | 584 |  |  | 605 |  |  | 709 |  |  | 2,482 |
Franchise contributions for advertising and other services |  | 275 |  |  | 272 |  |  | 287 |  |  | 372 |  |  | 1,206 |
Total revenues |  | 1,371 |  |  | 1,368 |  |  | 1,391 |  |  | 1,558 |  |  | 5,688 |
Restaurant profit |  | 74 |  |  | 91 |  |  | 100 |  |  | 101 |  |  | 366 |
Operating Profit(a) |  | 553 |  |  | 449 |  |  | 553 |  |  | 741 |  |  | 2,296 |
Net Income |  | 433 |  |  | 321 |  |  | 454 |  |  | 334 |  |  | 1,542 |
Basic earnings per common share from continuing operations |  | 1.30 |  |  | 0.99 |  |  | 1.43 |  |  | 1.07 |  |  | 4.80 |
Diluted earnings per common share from continuing operations |  | 1.27 |  |  | 0.97 |  |  | 1.40 |  |  | 1.04 |  |  | 4.69 |
Dividends declared per common share |  | 0.36 |  |  | 0.36 |  |  | 0.36 |  |  | 0.36 |  |  | 1.44 |
|  | 2017
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |
Company sales |  | $ | 902 |  |  | $ | 909 |  |  | $ | 871 |  |  | $ | 890 |  |  | $ | 3,572 |
Franchise and property revenues |  | 515 |  |  | 539 |  |  | 565 |  |  | 687 |  |  | 2,306 |
Total revenues |  | 1,417 |  |  | 1,448 |  |  | 1,436 |  |  | 1,577 |  |  | 5,878 |
Restaurant profit |  | 144 |  |  | 161 |  |  | 154 |  |  | 159 |  |  | 618 |
Operating Profit(b) |  | 484 |  |  | 419 |  |  | 643 |  |  | 1,215 |  |  | 2,761 |
Net Income |  | 280 |  |  | 206 |  |  | 418 |  |  | 436 |  |  | 1,340 |
Basic earnings per common share from continuing operations |  | 0.78 |  |  | 0.59 |  |  | 1.21 |  |  | 1.29 |  |  | 3.86 |
Diluted earnings per common share from continuing operations |  | 0.77 |  |  | 0.58 |  |  | 1.18 |  |  | 1.26 |  |  | 3.77 |
Dividends declared per common share |  | 0.30 |  |  | 0.30 |  |  | — |  |  | 0.30 |  |  | 0.90 |
(a) | Includes net gains from refranchising initiatives of $156 million, $29 million, $100 million and $255 million in the first, second, third and fourth quarters, respectively.
(b) Includes net gains from refranchising initiatives of $111 million, $19 million, $201 million and $752 million in the first, second, third and fourth quarters, respectively.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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- Definition Selected Quarterly Financial Data (Unaudited) [Abstract] + References No definition available. + Details
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