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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Sales $ 545.9 $ 18.9 $ 1,613.2 $ 55.7
Franchise and property revenues 473.8 260.0 1,382.0 725.3
Total revenues 1,019.7 278.9 2,995.2 781.0
Cost of sales 446.6 16.5 1,354.6 47.7
Franchise and property expenses 114.4 41.4 365.2 114.5
Selling, general and administrative expenses 104.3 78.3 317.3 173.5
(Income) loss from equity method investments 1.0 (4.1) 5.7 5.8
Other operating expenses (income), net 9.4 145.9 82.2 155.8
Total operating costs and expenses 675.7 278.0 2,125.0 497.3
Income from operations 344.0 0.9 870.2 283.7
Interest expense, net 116.0 51.3 362.3 151.9
(Gain) loss on early extinguishment of debt 0.4   40.0  
Income (loss) before income taxes 227.6 (50.4) 467.9 131.8
Income tax expense (benefit) 44.7 (26.9) 140.7 19.8
Net income (loss) 182.9 (23.5) 327.2 112.0
Net income (loss) attributable to noncontrolling interests (Note 13) 65.8   71.3  
Preferred share dividends 67.5   203.7  
Net income (loss) attributable to common shareholders $ 49.6 $ (23.5) $ 52.2 $ 112.0
Earnings (loss) per common share:        
Basic $ 0.25 $ (0.07) $ 0.26 $ 0.32
Diluted $ 0.24 $ (0.07) $ 0.25 $ 0.31
Weighted average shares outstanding        
Basic 202.4 352.0 202.3 351.9
Diluted 476.5 352.0 476.4 359.2
Cash dividends declared per common share $ 0.12 $ 0.08 $ 0.31 $ 0.22