In January 2023, the Company announced an evolution of its successful Accelerating the Arches strategy. Enhancements to the strategy included the addition of Restaurant Development to the Company’s growth pillars and an internal effort to modernize ways of working, Accelerating the Organization, both of which are aimed at elevating the Company’s performance. Accelerating the Organization is designed to unlock further growth as the Company focuses on becoming faster, more innovative and more efficient for its customers and people.

The Company incurred $109 million and $101 million of restructuring charges related to Accelerating the Organization in the six months ended June 30, 2025 and 2024, respectively. These charges were recorded in the Other operating (income) expense, net line within the Condensed Consolidated Statement of Income. There were no significant non-cash impairment charges included in the amounts listed in the table below.


	Employee Termination Benefits		Costs to Terminate Contracts		Professional Services and Other Costs		Total
2025
Accrued Balance at Beginning of Year	$	23	$	4	$	15	$	42
Restructuring Costs Incurred	17		—		49		66
Cash Payments	(5)		—		(31)		(36)
Other Non-Cash Items	—		—		1		1
Accrued Balance at March 31, 2025	$	35	$	4	$	34	$	73
Restructuring Costs Incurred	(3)		—		46		43
Cash Payments	(3)		(1)		(55)		(59)
Other Non-Cash Items	—		—		3		3
Accrued Balance at June 30, 2025	$	29	$	3	$	28	$	60

Of the $109 million of restructuring charges incurred in the six months ended June 30, 2025, $95 million was recorded at Corporate and $14 million was recorded in the International Operated Markets.

Substantially all of the accrued restructuring balance recorded at June 30, 2025, related to the Company's Accelerating the Organization initiative, is expected to be paid out over the next twelve months.

The Company continues to evolve its ways of working by driving efficiency and effectiveness across the organization, primarily led by its Global Business Services ("GBS") organization. Transformation efforts under Accelerating the Organization will continue to result in various restructuring charges as the strategy progresses through its anticipated completion during 2027, with $580 million of total restructuring charges incurred since the initiative commenced in 2023. The Company currently expects to incur approximately $300 million of restructuring charges in 2025, primarily related to professional services costs.