CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Revenues
Total Revenues		$ 1,645	$ 1,547
Costs and Expenses, Net
Company restaurant expenses		403	402
General and Administrative Expense		282	253
Franchise and property expenses		36	32
Franchise advertising and other services expense		395	361
Refranchising (gain) loss		(4)	(4)
Other (income) expense		10	(6)
Total costs and expenses, net		1,122	1,038
Operating Profit		523	509
Investment (income) expense, net	[1]	24	(7)
Other pension (income) expense		(2)	0
Interest expense, net		130	118
Income Before Income Taxes		371	398
Income tax provision		71	(1)
Net Income		$ 300	$ 399
Basic Earnings Per Common Share		$ 1.07	$ 1.38
Diluted Earnings Per Common Share		1.05	1.36
Dividends Declared Per Common Share		$ 0.605	$ 0.57
Company Sales
Revenues
Revenues		$ 474	$ 470
Franchise and property revenues
Revenues
Revenues		770	714
Franchise contributions for advertising and other services
Revenues
Revenues		$ 401	$ 363

[1] Includes changes in the value of our investment in Devyani International Limited (see Note 12).