Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Quarterly Financial Information [Abstract]

Schedule of Quarterly Financial Information

	2018
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Revenues:
Company sales	$	512	$	512	$	499	$	477	$	2,000
Franchise and property revenues	584		584		605		709		2,482
Franchise contributions for advertising and other services	275		272		287		372		1,206
Total revenues	1,371		1,368		1,391		1,558		5,688
Restaurant profit	74		91		100		101		366
Operating Profit(a)	553		449		553		741		2,296
Net Income	433		321		454		334		1,542
Basic earnings per common share from continuing operations	1.30		0.99		1.43		1.07		4.80
Diluted earnings per common share from continuing operations	1.27		0.97		1.40		1.04		4.69
Dividends declared per common share	0.36		0.36		0.36		0.36		1.44

	2017
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Revenues:
Company sales	$	902	$	909	$	871	$	890	$	3,572
Franchise and property revenues	515		539		565		687		2,306
Total revenues	1,417		1,448		1,436		1,577		5,878
Restaurant profit	144		161		154		159		618
Operating Profit(b)	484		419		643		1,215		2,761
Net Income	280		206		418		436		1,340
Basic earnings per common share from continuing operations	0.78		0.59		1.21		1.29		3.86
Diluted earnings per common share from continuing operations	0.77		0.58		1.18		1.26		3.77
Dividends declared per common share	0.30		0.30		—		0.30		0.90

(a) Includes net gains from refranchising initiatives of $156 million, $29 million, $100 million and $255 million in the first, second, third and fourth quarters, respectively.

(b)

Includes net gains from refranchising initiatives of $111 million, $19 million, $201 million and $752 million in the first, second, third and fourth quarters, respectively.