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Leases
 9 Months Ended
Oct. 01, 2023
Leases [Abstract]  
Leases, Company as Lessee Leases
Nature of Leases

The Company operates restaurants that are located on sites owned by us and sites leased by us from third parties. In addition, the Company owns sites and leases sites from third parties, which it leases and/or subleases to franchisees. At October 1, 2023, Wendy’s and its franchisees operated 7,166 Wendy’s restaurants. Of the 415 Company-operated Wendy’s restaurants, Wendy’s owned the land and building for 159 restaurants, owned the building and held long-term land leases for 144 restaurants and held leases covering the land and building for 112 restaurants. Wendy’s also owned 488 and leased 1,186 properties that were either leased or subleased principally to franchisees. The Company also leases restaurant, office and transportation equipment.
Company as Lessee

The components of lease cost are as follows:
Three Months EndedNine Months Ended
October 1,
2023		October 2,
2022		October 1,
2023		October 2,
2022
Finance lease cost:
Amortization of finance lease assets$4,111 $4,053 $12,232 $12,223 
Interest on finance lease liabilities10,664 10,717 32,157 32,055 
14,775 14,770 44,389 44,278 
Operating lease cost21,577 21,929 64,455 64,914 
Variable lease cost (a)16,889 16,367 50,489 47,626 
Short-term lease cost1,466 1,116 4,433 3,954 
Total operating lease cost (b)39,932 39,412 119,377 116,494 
Total lease cost$54,707 $54,182 $163,766 $160,772 
_______________

(a)Includes expenses for executory costs of $9,777 and $8,943 for the three months ended October 1, 2023 and October 2, 2022, respectively, and $29,797 and $27,796 for the nine months ended October 1, 2023 and October 2, 2022, respectively, for which the Company is reimbursed by sublessees.

(b)Includes $31,824 and $31,559 for the three months ended October 1, 2023 and October 2, 2022, respectively, and $94,751 and $92,555 for the nine months ended October 1, 2023 and October 2, 2022, respectively, recorded to “Franchise rental expense” for leased properties that are subsequently leased to franchisees. Also includes $7,570 and $7,357 for the three months ended October 1, 2023 and October 2, 2022, respectively, and $22,981 and $22,130 for the nine months ended October 1, 2023 and October 2, 2022, respectively, recorded to “Cost of sales” for leases for Company-operated restaurants.
Leases, Company as Lessor
Company as Lessor

The components of lease income are as follows:
Three Months EndedNine Months Ended
October 1,
2023		October 2,
2022		October 1,
2023		October 2,
2022
Sales-type and direct-financing leases:
Selling profit$354 $711 $1,555 $2,868 
Interest income (a)7,853 7,784 23,583 23,277 
Operating lease income40,567 42,351 123,352 127,839 
Variable lease income17,000 16,112 50,055 47,105 
Franchise rental income (b)$57,567 $58,463 $173,407 $174,944 
_______________

(a)Included in “Interest expense, net.”

(b)Includes sublease income of $42,545 and $43,540 recognized during the three months ended October 1, 2023 and October 2, 2022, respectively, and $128,457 and $130,394 recognized during the nine months ended October 1, 2023 and October 2, 2022, respectively. Sublease income includes lessees’ variable payments to the Company for executory costs of $9,811 and $8,947 for the three months ended October 1, 2023 and October 2, 2022, respectively, and $29,704 and $27,732 for the nine months ended October 1, 2023 and October 2, 2022, respectively.