XML 17 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Sales by Company-operated restaurants $ 3,972.1 $ 4,282.9 $ 11,642.2 $ 12,458.1
Revenues from franchised restaurants 2,452.0 2,332.2 6,950.8 6,613.6
Total revenues 6,424.1 6,615.1 18,593.0 19,071.7
Operating costs and expenses        
Company-operated restaurant expenses 3,239.5 3,607.7 9,662.9 10,558.3
Franchised restaurants-occupancy expenses 437.6 416.1 1,283.6 1,230.7
Selling, general & administrative expenses 582.9 584.0 1,757.0 1,759.2
Other operating (income) expense, net 26.8 (23.0) 114.0 258.4
Total operating costs and expenses 4,286.8 4,584.8 12,817.5 13,806.6
Operating income 2,137.3 2,030.3 5,775.5 5,265.1
Interest expense 221.4 160.9 663.6 457.4
Nonoperating (income) expense, net 11.4 (9.0) (19.2) (37.2)
Income before provision for income taxes 1,904.5 1,878.4 5,131.1 4,844.9
Provision for income taxes 629.1 569.2 1,638.0 1,521.8
Net income $ 1,275.4 $ 1,309.2 $ 3,493.1 $ 3,323.1
Earnings per common share-basic $ 1.52 $ 1.41 $ 4.04 $ 3.51
Earnings per common share-diluted 1.50 1.40 4.01 3.49
Dividends declared per common share $ 0.89 $ 0.85 $ 2.67 $ 2.55
Weighted average shares outstanding-basic 841.4 930.3 864.7 947.9
Weighted average shares outstanding-diluted 847.7 934.8 871.8 952.7