| Revenues and Operating Income by Segment |
| | | | | | | | | | | | | | | | | | | | | | | | | Quarters Ended | | Six Months Ended | | June 30, | | June 30, | | In millions | 2025 | | 2024 | | 2025 | | 2024 | | U.S. | $ | 2,781 | | | $ | 2,698 | | | $ | 5,276 | | | $ | 5,258 | | | International Operated Markets | 3,462 | | | 3,147 | | | 6,377 | | | 6,134 | | | International Developmental Licensed Markets & Corporate | 600 | | | 645 | | | 1,145 | | | 1,267 | | | Total Revenues | $ | 6,843 | | | $ | 6,490 | | | $ | 12,799 | | | $ | 12,659 | | | U.S. | $ | 325 | | | $ | 322 | | | $ | 643 | | | $ | 646 | | | International Operated Markets | 328 | | | 303 | | | 630 | | | 601 | | | International Developmental Licensed Markets & Corporate | — | | | 4 | | | 1 | | | 8 | | | Total Franchised restaurants-occupancy expenses | $ | 654 | | | $ | 629 | | | $ | 1,274 | | | $ | 1,256 | | | U.S. | $ | 694 | | | $ | 698 | | | $ | 1,339 | | | $ | 1,372 | | | International Operated Markets | 1,286 | | | 1,182 | | | 2,409 | | | 2,341 | | | International Developmental Licensed Markets & Corporate | 97 | | | 194 | | | 189 | | | 396 | | | Total Company-operated restaurant expenses | $ | 2,078 | | | $ | 2,074 | | | $ | 3,937 | | | $ | 4,109 | | | U.S. | $ | 149 | | | $ | 136 | | | $ | 292 | | | $ | 277 | | | International Operated Markets | 174 | | | 149 | | | 335 | | | 310 | | | International Developmental Licensed Markets & Corporate | 377 | | | 406 | | | 755 | | | 824 | | | Total Selling, general, & administrative expenses | $ | 700 | | | $ | 691 | | | $ | 1,383 | | | $ | 1,411 | | | U.S. | $ | 85 | | | $ | 29 | | | $ | 172 | | | $ | 56 | | | International Operated Markets | 38 | | | 20 | | | 80 | | | 25 | | | International Developmental Licensed Markets & Corporate | 55 | | | 126 | | | 74 | | | 147 | | | Total Other segment items* | $ | 178 | | | $ | 176 | | | $ | 325 | | | $ | 227 | | | U.S. | $ | 1,527 | | | $ | 1,511 | | | $ | 2,829 | | | $ | 2,907 | | | International Operated Markets | 1,635 | | | 1,493 | | | 2,924 | | | 2,858 | | | International Developmental Licensed Markets & Corporate | 70 | | | (84) | | | 127 | | | (109) | | | Total Operating income | $ | 3,232 | | | $ | 2,920 | | | $ | 5,880 | | | $ | 5,655 | | | U.S. | $ | 318 | | | $ | 267 | | | $ | 543 | | | $ | 477 | | | International Operated Markets | 418 | | | 343 | | | 739 | | | 654 | | | International Developmental Licensed Markets & Corporate | 9 | | | 18 | | | 13 | | | 43 | | | Total Capital expenditures | $ | 744 | | | $ | 628 | | | $ | 1,295 | | | $ | 1,174 | | | U.S. | $ | 252 | | | $ | 245 | | | $ | 493 | | | $ | 492 | | | International Operated Markets | 196 | | | 177 | | | 378 | | | 355 | | | International Developmental Licensed Markets & Corporate | 95 | | | 80 | | | 193 | | | 166 | | | Total Depreciation & amortization** | $ | 544 | | | $ | 502 | | | $ | 1,064 | | | $ | 1,012 | |
| | | | | | | | | | | | | In millions | June 30, 2025 | | December 31, 2024 | | U.S. | $ | 22,652 | | | $ | 22,547 | | | International Operated Markets | 27,044 | | | 23,491 | | | International Developmental Licensed Markets & Corporate | 9,859 | | | 9,143 | | | Total Assets | $ | 59,555 | | | $ | 55,182 | |
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