| | |
| In millions, except per share data | 2016 | 2015 | 2014 |
| REVENUES | | | |
| Sales by Company-operated restaurants | $15,295.00 | $16,488.30 | $18,169.30 |
| Revenues from franchised restaurants | 9,326.90 | 8,924.70 | 9,272.00 |
| Total revenues | 24,621.90 | 25,413.00 | 27,441.30 |
| OPERATING COSTS AND EXPENSES | | | |
| Company-operated restaurant expenses | | | |
| Food & paper | 4,896.90 | 5,552.20 | 6,129.70 |
| Payroll & employee benefits | 4,134.20 | 4,400.00 | 4,756.00 |
| Occupancy & other operating expenses | 3,667.70 | 4,024.70 | 4,402.60 |
| Franchised restaurants-occupancy expenses | 1,718.40 | 1,646.90 | 1,697.30 |
| Selling, general & administrative expenses | 2,384.50 | 2,434.30 | 2,487.90 |
| Other operating (income) expense, net | 75.70 | 209.40 | 18.60 |
| Total operating costs and expenses | 16,877.40 | 18,267.50 | 19,492.10 |
| Operating income | 7,744.50 | 7,145.50 | 7,949.20 |
| Interest expense-net of capitalized interest of $7.1, $9.4 | | | |
| and $14.7 | 884.80 | 638.30 | 576.40 |
| Nonoperating (income) expense, net | (6.30) | (48.50) | 0.80 |
| Income before provision for income taxes | 6,866.00 | 6,555.70 | 7,372.00 |
| Provision for income taxes | 2,179.50 | 2,026.40 | 2,614.20 |
| Net income | $4,686.50 | $4,529.30 | $4,757.80 |
| Earnings per common share-basic | $5.49 | $4.82 | $4.85 |
| Earnings per common share-diluted | $5.44 | $4.80 | $4.82 |
| Dividends declared per common share | $3.61 | $3.44 | $3.28 |
| Weighted-average shares outstanding-basic | 854.40 | 939.40 | 980.50 |
| Weighted-average shares outstanding-diluted | 861.20 | 944.60 | 986.30 |
| | | | |
| Consolidated Balance Sheet | | | |
| In millions, except per share data | | 12/31/16 | 12/31/15 |
| ASSETS | | | |
| Current assets | | | |
| Cash and equivalents | | $1,223.40 | $7,685.50 |
| Accounts and notes receivable | | 1,474.10 | 1,298.70 |
| Inventories, at cost, not in excess of market | | 58.90 | 100.10 |
| Prepaid expenses and other current assets | | 565.20 | 558.70 |
| Assets of businesses held for sale | | 1,527.00 | - |
| Total current assets | | 4,848.60 | 9,643.00 |
| Other assets | | | |
| Investments in and advances to affiliates | | 725.90 | 792.70 |
| Goodwill | | 2,336.50 | 2,516.30 |
| Miscellaneous | | 1,855.30 | 1,869.10 |
| Total other assets | | 4,917.70 | 5,178.10 |
| Property and equipment | | | |
| Property and equipment, at cost | | 34,443.40 | 37,692.40 |
| Accumulated depreciation and amortization | | (13,185.80) | (14,574.80) |
| Net property and equipment | | 21,257.60 | 23,117.60 |
| Total assets | | $31,023.90 | $37,938.70 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | | | |
| Current liabilities | | | |
| Accounts payable | | $756.00 | $874.70 |
| Income taxes | | 267.20 | 154.80 |
| Other taxes | | 266.30 | 309.00 |
| Accrued interest | | 247.50 | 233.10 |
| Accrued payroll and other liabilities | | 1,159.30 | 1,378.80 |
| Current maturities of long-term debt | | 77.20 | - |
| Liabilities of businesses held for sale | | 694.80 | - |
| Total current liabilities | | 3,468.30 | 2,950.40 |
| Long-term debt | | 25,878.50 | 24,122.10 |
| Other long-term liabilities | | 2,064.30 | 2,074.00 |
| Deferred income taxes | | 1,817.10 | 1,704.30 |
| Shareholders' equity (deficit) | | | |
| Preferred stock, no par value; authorized - 165.0 million shares; | | | |
| issued - none | | - | - |
| Common stock, $.01 par value; authorized - 3.5 billion shares; | | |
| issued - 1,660.6 million shares | | 16.60 | 16.60 |
| Additional paid-in capital | | 6,757.90 | 6,533.40 |
| Retained earnings | | 46,222.70 | 44,594.50 |
| Accumulated other comprehensive income | | (3,092.90) | (2,879.80) |
| Common stock in treasury, at cost; 841.3 and 753.8 million | shares | (52,108.60) | (41,176.80) |
| Total shareholders' equity (deficit) | | (2,204.30) | 7,087.90 |
| Total liabilities and shareholders' equity (deficit) | | $31,023.90 | $37,938.70 |
