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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating activities        
Net income $ 1,202.4 $ 1,387.1 $ 2,013.9 $ 2,591.9
Charges and credits:        
Depreciation and amortization 392.2 413.2 778.3 823.6
Deferred income taxes 2.8 (14.8) 15.3 (38.8)
Share-based compensation 27.7 26.5 47.7 51.8
Other 19.2 9.0 262.1 63.7
Changes in working capital items (130.8) (334.0) 95.7 (97.9)
Cash provided by operations 1,513.5 1,487.0 3,213.0 3,394.3
Investing activities        
Capital expenditures (415.9) (589.6) (808.5) (1,158.4)
Sales and purchases of restaurant businesses and property sales 51.0 79.2 98.6 157.9
Other 18.4 (104.7) 14.2 (222.8)
Cash used for investing activities (346.5) (615.1) (695.7) (1,223.3)
Financing activities        
Net short-term borrowings (293.8) (68.3) (38.8) 236.4
Long-term financing issuances 4,227.3 1,536.1 4,227.8 1,536.4
Long-term financing repayments (501.4) (1.0) (1,046.7) (541.1)
Treasury stock purchases (1,555.4) (703.5) (2,161.8) (1,143.0)
Common stock dividends (811.0) (800.6) (1,627.3) (1,602.3)
Proceeds from stock option exercises 36.6 75.3 135.2 161.7
Excess tax benefit on share-based compensation 6.0 21.5 25.4 56.5
Other (20.7) (8.5) (19.5) (8.7)
Cash provided by (used for) financing activities 1,087.6 51.0 (505.7) (1,304.1)
Effect of exchange rates on cash and cash equivalents 109.1 3.9 (91.0) 5.0
Cash and equivalents increase 2,363.7 926.8 1,920.6 871.9
Cash and equivalents at beginning of period 1,634.8 2,743.8 2,077.9 2,798.7
Cash and equivalents at end of period $ 3,998.5 $ 3,670.6 $ 3,998.5 $ 3,670.6