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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Total Revenues $ 1,254 $ 1,371
Costs and Expenses, Net    
Cost of Goods and Services Sold 272 438
Franchisor Costs 43 47
General and Administrative Expense 211 219
Cooperative Advertising Expense 301 272
Refranchising (gain) loss (6) (156)
Other (income) expense 0 (2)
Total costs and expenses, net 821 818
Operating Profit 433 553
Other investment (income) expense, net 16 (66)
Other pension (income) expense 3 3
Interest expense, net 115 107
Income Before Income Taxes 299 509
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 299 509
Income tax provision 37 76
Net Income $ 262 $ 433
Earnings Per Share, Basic $ 0.85 $ 1.30
Diluted Earnings Per Common Share 0.83 1.27
Dividends Declared Per Common Share $ 0.42 $ 0.36
Product [Member]    
Revenues    
Revenues $ 333 $ 512
Franchise [Member]    
Revenues    
Revenues 612 584
Advertising [Member]    
Revenues    
Revenues $ 309 $ 275