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Leases (Tables)
 12 Months Ended
Jan. 03, 2021
Dec. 30, 2018
Leases [Abstract]    
Lease, Cost
The components of lease cost for 2020 and 2019 are as follows:
Year Ended
20202019
Finance lease cost:
Amortization of finance lease assets$13,395 $11,241 
Interest on finance lease liabilities40,682 37,012 
54,077 48,253 
Operating lease cost91,475 90,537 
Variable lease cost (a)59,076 58,978 
Short-term lease cost4,641 4,717 
Total operating lease cost (b)155,192 154,232 
Total lease cost$209,269 $202,485 
_______________
(a)Includes expenses for executory costs of $38,652 and $37,758 for 2020 and 2019, respectively, for which the Company is reimbursed by sublessees.

(b)Includes $125,553 and $123,899 for 2020 and 2019, respectively, recorded to “Franchise rental expense” for leased properties that are subsequently leased to franchisees. Also includes $26,866 and $27,419 for 2020 and 2019, respectively, recorded to “Cost of sales” for leases for Company-operated restaurants.
  
Schedule of Rent Expense  
The components of rental expense for operating leases for 2018, as accounted for under previous guidance, were as follows:
Year Ended
2018
Rental expense:
Minimum rentals$95,749 
Contingent rentals18,971 
Total rental expense (a)$114,720 
_______________

(a)Includes rental expense related to (1) leases for Company-operated restaurants recorded to “Cost of sales,” (2) leased properties that are subsequently leased to franchisees recorded to “Franchise rental expense” and (3) leases for corporate offices and equipment recorded to “General and administrative.”
Schedule of Supplemental Cash Flow and Non-cash Information Related to Leases
The following table includes supplemental cash flow and non-cash information related to leases:
Year End
20202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$39,349 $39,887 
Operating cash flows from operating leases85,689 91,824 
Financing cash flows from finance leases8,383 6,835 
Right-of-use assets obtained in exchange for lease obligations:
Finance lease liabilities34,918 50,061 
Operating lease liabilities18,327 15,411 
  
Schedule of Supplemental Information Related to Leases
The following table includes supplemental information related to leases:
Year End
January 3, 2021December 29,
2019
Weighted-average remaining lease term (years):
Finance leases16.217.1
Operating leases14.615.4
Weighted average discount rate:
Finance leases9.54 %9.87 %
Operating leases5.06 %5.09 %
Supplemental balance sheet information:
Finance lease assets, gross$261,308 $242,889 
Accumulated amortization(55,155)(42,745)
Finance lease assets206,153 200,144 
Operating lease assets821,480 857,199 
  
Finance Lease, Liability, Maturity
The following table illustrates the Company’s future minimum rental payments for non-cancelable leases as of January 3, 2021:
Finance
Leases		Operating
Leases
Fiscal YearCompany-OperatedFranchise
and Other		Company-OperatedFranchise
and Other
2021 (a)$4,779 $47,503 $19,195 $70,730 
20224,963 49,000 19,010 70,633 
20234,927 50,632 19,037 70,460 
20245,045 51,007 19,111 70,328 
20255,140 51,423 19,065 69,977 
Thereafter59,126 628,162 167,441 699,756 
Total minimum payments$83,980 $877,727 $262,859 $1,051,884 
Less interest
(30,716)(412,810)(77,388)(326,684)
Present value of minimum lease payments (b) (c)$53,264 $464,917 $185,471 $725,200 
_______________

(a)In addition to the 2021 future minimum rental payments, the Company expects to pay $5,439 primarily during 2021 related to rent deferrals obtained due to the COVID-19 pandemic. The related payable is included in “Accrued expenses and other current liabilities.” See Note 7 for further information.

(b)The present value of minimum finance lease payments of $12,105 and $506,076 are included in “Current portion of finance lease liabilities” and “Long-term finance lease liabilities,” respectively.

(c)The present value of minimum operating lease payments of $45,346 and $865,325 are included in “Current portion of operating lease liabilities” and “Long-term operating lease liabilities,” respectively.
  
Lessee, Operating Lease, Liability, Maturity
The following table illustrates the Company’s future minimum rental payments for non-cancelable leases as of January 3, 2021:
Finance
Leases		Operating
Leases
Fiscal YearCompany-OperatedFranchise
and Other		Company-OperatedFranchise
and Other
2021 (a)$4,779 $47,503 $19,195 $70,730 
20224,963 49,000 19,010 70,633 
20234,927 50,632 19,037 70,460 
20245,045 51,007 19,111 70,328 
20255,140 51,423 19,065 69,977 
Thereafter59,126 628,162 167,441 699,756 
Total minimum payments$83,980 $877,727 $262,859 $1,051,884 
Less interest
(30,716)(412,810)(77,388)(326,684)
Present value of minimum lease payments (b) (c)$53,264 $464,917 $185,471 $725,200 
_______________

(a)In addition to the 2021 future minimum rental payments, the Company expects to pay $5,439 primarily during 2021 related to rent deferrals obtained due to the COVID-19 pandemic. The related payable is included in “Accrued expenses and other current liabilities.” See Note 7 for further information.

(b)The present value of minimum finance lease payments of $12,105 and $506,076 are included in “Current portion of finance lease liabilities” and “Long-term finance lease liabilities,” respectively.

(c)The present value of minimum operating lease payments of $45,346 and $865,325 are included in “Current portion of operating lease liabilities” and “Long-term operating lease liabilities,” respectively.
  
Lease, Income
The components of lease income for 2020 and 2019 are as follows:
Year Ended
20202019
Sales-type and direct-financing leases:
Selling profit$1,995 $2,285 
Interest income (a)29,067 26,333 
Operating lease income174,452 176,629 
Variable lease income58,196 56,436 
Franchise rental income (b)$232,648 $233,065 
_______________

(a)Included in “Interest expense, net.”

(b)Includes sublease income of $169,921 and $171,126 recognized during 2020 and 2019, respectively. Sublease income includes lessees’ variable payments to the Company for executory costs of $38,636 and $37,739 for 2020 and 2019, respectively.
  
Schedule of Rent Income  
The components of rental income for operating leases and subleases for 2018, as accounted for under previous guidance, were as follows:
Year Ended
2018
Rental income:
Minimum rentals$184,154 
Contingent rentals19,143 
Total rental income (a)$203,297 
_______________

(a)Includes sublease income of $138,363.
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The following table illustrates the Company’s future minimum rental receipts for non-cancelable leases and subleases as of January 3, 2021:
Sales-Type and
Direct Financing Leases		Operating
Leases
Fiscal YearSubleasesOwned PropertiesSubleasesOwned Properties
2021 (a)$31,128 $3,573 $110,920 $54,543 
202231,953 2,037 111,605 56,017 
202332,994 2,081 112,498 56,220 
202434,965 2,089 112,541 57,311 
202533,844 2,196 111,953 57,904 
Thereafter440,802 21,231 1,115,693 743,814 
Total future minimum receipts605,686 33,207 $1,675,210 $1,025,809 
Unearned interest income(348,692)(16,015)
Net investment in sales-type and direct financing leases (b)$256,994 $17,192 
_______________

(a)In addition to the 2021 future minimum rental receipts, the Company expects to collect $5,226 primarily during 2021 related to the offer to defer base rent payments in response to the COVID-19 pandemic. The related receivable is included in “Accounts and notes receivable, net.” See Note 7 for further information.

(b)The present value of minimum direct financing rental receipts of $5,965 and $268,221 are included in “Accounts and notes receivable, net” and “Net investment in sales-type and direct financing leases,” respectively. The present value of minimum direct financing rental receipts includes a net investment in unguaranteed residual assets of $215.
  
Lessor, Operating Lease, Payments to be Received, Maturity
The following table illustrates the Company’s future minimum rental receipts for non-cancelable leases and subleases as of January 3, 2021:
Sales-Type and
Direct Financing Leases		Operating
Leases
Fiscal YearSubleasesOwned PropertiesSubleasesOwned Properties
2021 (a)$31,128 $3,573 $110,920 $54,543 
202231,953 2,037 111,605 56,017 
202332,994 2,081 112,498 56,220 
202434,965 2,089 112,541 57,311 
202533,844 2,196 111,953 57,904 
Thereafter440,802 21,231 1,115,693 743,814 
Total future minimum receipts605,686 33,207 $1,675,210 $1,025,809 
Unearned interest income(348,692)(16,015)
Net investment in sales-type and direct financing leases (b)$256,994 $17,192 
_______________

(a)In addition to the 2021 future minimum rental receipts, the Company expects to collect $5,226 primarily during 2021 related to the offer to defer base rent payments in response to the COVID-19 pandemic. The related receivable is included in “Accounts and notes receivable, net.” See Note 7 for further information.

(b)The present value of minimum direct financing rental receipts of $5,965 and $268,221 are included in “Accounts and notes receivable, net” and “Net investment in sales-type and direct financing leases,” respectively. The present value of minimum direct financing rental receipts includes a net investment in unguaranteed residual assets of $215.
  
Schedule of Property Subject To Operating Lease
Properties owned by the Company and leased to franchisees and other third parties under operating leases include:
Year End
January 3, 2021December 29, 2019
Land$279,956 $281,792 
Buildings and improvements309,605 311,047 
Restaurant equipment1,701 1,727 
591,262 594,566 
Accumulated depreciation and amortization(170,722)(157,130)
$420,540 $437,436