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Leases (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of future minimum rental payments for operating leases
At December 31, 2019, future minimum payments required under existing operating leases are:

 
 
Restaurant
 
Other
 
Total (i)
2020
 
$
143,982

 
$
5,387

 
$
149,369

2021
 
136,699

 
3,968

 
140,667

2022
 
130,637

 
2,822

 
133,459

2023
 
125,830

 
2,383

 
128,213

2024
 
121,880

 
2,258

 
124,138

Thereafter
 
976,397

 
8,017

 
984,414

Total minimum payment
 
$
1,635,425

 
$
24,835

 
$
1,660,260

Lease discount
 
 
 
 
 
(728,531
)
Operating lease liability
 
 
 
 
 
$
931,729


(i)
The Company has certain leases subject to index adjustments. Historically, the Company has calculated and disclosed future minimum payments for these leases using the inflation index rate as of the end of the reporting period. As part of the adoption of ASC 842, the Company used the effective index rate at transition date in its disclosure and calculation of the lease liability. However, for leases entered into after January 1, 2019, the inflation index rate will be used to calculate the lease liability only when a lease modification occurs.
Schedule of components of lease cost
The following table is a summary of the Company´s components of lease cost for fiscal years 2019, 2018 and 2017:

Lease Expense
Statements of Income Location
2019
2018
2017
Operating lease expense - Minimum rentals:






Company-operated restaurants

Occupancy and other operating expenses
$
(104,236
)
$
(105,358
)
$
(107,006
)
Franchised restaurants

Franchised restaurants - occupancy expenses
(34,727
)
(30,970
)
(31,490
)
General and administrative

General and administrative expenses
(7,614
)
(7,610
)
(9,319
)
Subtotal


(146,577
)
(143,938
)
(147,815
)
Variable lease expense - Contingent rentals based on sales:






Company-operated restaurants

Occupancy and other operating expenses
(29,562
)
(33,921
)
(41,499
)
Franchised restaurants

Franchised restaurants - occupancy expenses
(12,878
)
(14,595
)
(23,221
)
Subtotal


(42,440
)
(48,516
)
(64,720
)
Total lease expense

$
(189,017
)
$
(192,454
)
$
(212,535
)



Other information
 
 
2019
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flows from operating leases
$
135,788

Right-of-use assets obtained in exchange for new lease liabilities
 
Operating leases
 
118,285

Weighted-average remaining lease term (years)
 
 
Operating leases
 
 
 
8

Weighted-average discount rate
 
 
Operating leases
 
 
 
5
%