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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows - Operating Activities      
Net Income $ 1,486 $ 1,597 $ 1,325
Depreciation and amortization [1] 175 153 146
Impairment and closure expense 12 13 10
Refranchising (gain) loss (34) (29) (27)
Investment (income) expense, net 21 (7) (11)
Deferred income taxes (30) (290) (55)
Share-based compensation expense 69 95 84
Changes in Accounts and Notes Receivable (53) (89) (84)
Changes in Prepaid Expense and Other Assets (12) (15) 1
Changes in accounts payable and other current liabilities 8 (30) (39)
Changes in income taxes payable (29) 43 17
Other, net 76 162 60
Net Cash Provided by Operating Activities 1,689 1,603 1,427
Cash Flows - Investing Activities      
Capital spending (257) (285) (279)
Proceeds from Sale of Long-Term Investments 104 0 0
Payments for (Proceeds from) Investments 0 121 0
Payments to Acquire Long-Term Investments (174) 0 0
Proceeds from refranchising of restaurants 49 60 73
Payments to Acquire Short-Term Investments (91) 0 0
Other, net (53) (3) 4
Net Cash Provided by (Used in) Investing Activities (422) (107) (202)
Cash Flows - Financing Activities      
Proceeds from long-term debt 237 0 999
Repayments of long-term debt (479) (397) (699)
Revolving credit facilities, three months or less, net 345 (279) 279
Repurchase shares of Common Stock (441) (50) (1,200)
Dividends paid on Common Stock (752) (678) (649)
Other, net (73) (25) (53)
Net Cash Used in Financing Activities (1,163) (1,429) (1,323)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (21) 10 (26)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 83 77 (124)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 724 647 771
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance $ 807 $ 724 $ 647
[1] The amounts of depreciation and amortization disclosed by reportable segment are primarily included within the segment expense captions of Company restaurant expenses and G&A expenses.