Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Selected Quarterly Financial Information [Abstract]

Schedule of Quarterly Financial Information

	2019
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
Revenues:
Company sales	$	333	$	359	$	364	$	490	$	1,546
Franchise and property revenues	612		633		645		770		2,660
Franchise contributions for advertising and other services	309		318		330		434		1,391
Total revenues	1,254		1,310		1,339		1,694		5,597
Restaurant profit	61		73		72		105		311
Operating Profit(a)	433		471		480		546		1,930
Net Income	262		289		255		488		1,294
Basic earnings per common share	0.85		0.94		0.83		1.61		4.23
Diluted earnings per common share	0.83		0.92		0.81		1.58		4.14
Dividends declared per common share	0.42		0.42		0.42		0.42		1.68

	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(b)	553		449		553		741		2,296
Net Income	433		321		454		334		1,542
Basic earnings per common share	1.30		0.99		1.43		1.07		4.80
Diluted earnings per common share	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

(a) Includes net gains from refranchising initiatives of $6 million, $4 million, $8 million and $19 million in the first, second, third and fourth quarters, respectively.

(b)

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.