v3.25.4
Franchise Arrangements (Tables)
 12 Months Ended
Dec. 31, 2025
Lessor Disclosure [Abstract]  
Revenues from Franchised Restaurants
Revenues from franchised restaurants consisted of:
In millions202520242023
Rents$10,442 $10,017 $9,840 
Royalties6,018 5,606 5,531 
Initial fees88 92 66 
Revenues from franchised restaurants$16,548 $15,715 $15,437 
Future Gross Minimum Rent Payments
Future gross minimum rent payments due to the Company under existing conventional franchise arrangements are:
In millionsOwned sitesLeased sitesTotal
2026$1,509 $1,536 $3,045 
20271,465 1,478 2,943 
20281,409 1,403 2,812 
20291,334 1,325 2,659 
20301,271 1,256 2,527 
Thereafter8,855 8,610 17,465 
Total minimum payments$15,843 $15,608 $31,451