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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Total Revenues $ 1,979 $ 1,826 $ 5,699 $ 5,187
Costs and Expenses, Net        
Company restaurant expenses 587 523 1,668 1,393
General and Administrative Expense 282 263 885 830
Franchise and property expenses 35 36 107 90
Franchise advertising and other services expense 427 401 1,251 1,169
Refranchising (gain) loss (17) (12) (33) (31)
Other (income) expense (1) (4) (15) (10)
Total costs and expenses, net 1,313 1,207 3,863 3,441
Operating Profit [1] 666 619 1,836 1,746
Investment (income) expense, net [1] 0 (1) [2] (1) [2] 21 [2]
Other pension (income) expense [1] 1 (2) 0 (5)
Interest expense, net [1] 124 120 368 358
Income Before Income Taxes 541 502 1,470 1,372
Income tax provision 144 120 446 309
Net Income $ 397 $ 382 $ 1,024 $ 1,063
Basic Earnings Per Common Share $ 1.42 $ 1.36 $ 3.67 $ 3.77
Diluted Earnings Per Common Share 1.41 1.35 3.64 3.73
Dividends Declared Per Common Share $ 0.71 $ 0.67 $ 2.13 $ 2.01
Company Sales        
Revenues        
Revenues $ 697 $ 621 $ 1,974 $ 1,667
Franchise and property revenues        
Revenues        
Revenues 857 804 2,476 2,350
Franchise contributions for advertising and other services        
Revenues        
Revenues $ 426 $ 401 $ 1,249 $ 1,170
[1] Amounts have not been allocated to any segment for performance reporting purposes.
[2] Investment income (expense), net includes $20 million of pre-tax investment losses related changes in fair value of our approximate 5% minority interest in Devyani International Limited prior to the date of sale during the year to date ended September 30, 2024.
(f)The United States and United Kingdom represented 10% or more of our total revenues for certain periods presented.