| Revenues and Operating Income by Segment |
| | | | | | | | | | | | | Quarters Ended | | March 31, | | In millions | 2026 | | 2025 | | U.S. | $ | 2,583 | | | $ | 2,494 | | | International Operated Markets | 3,325 | | | 2,916 | | | International Developmental Licensed Markets & Corporate | 610 | | | 546 | | | Total Revenues | $ | 6,517 | | | $ | 5,956 | | | U.S. | $ | 323 | | | $ | 319 | | | International Operated Markets | 353 | | | 301 | | | International Developmental Licensed Markets & Corporate | — | | | — | | | Total Franchised restaurants-occupancy expenses | $ | 676 | | | $ | 620 | | | U.S. | $ | 669 | | | $ | 645 | | | International Operated Markets | 1,255 | | | 1,123 | | | International Developmental Licensed Markets & Corporate | 107 | | | 91 | | | Total Company-operated restaurant expenses | $ | 2,032 | | | $ | 1,859 | | | U.S. | $ | 140 | | | $ | 143 | | | International Operated Markets | 187 | | | 161 | | | International Developmental Licensed Markets & Corporate | 431 | | | 378 | | | Total Selling, general, & administrative expenses | $ | 759 | | | $ | 682 | | | U.S. | $ | 71 | | | $ | 85 | | | International Operated Markets | 23 | | | 42 | | | International Developmental Licensed Markets & Corporate | 3 | | | 20 | | | Total Other segment items* | $ | 97 | | | $ | 147 | | | U.S. | $ | 1,380 | | | $ | 1,302 | | | International Operated Markets | 1,507 | | | 1,289 | | | International Developmental Licensed Markets & Corporate | 67 | | | 57 | | | Total Operating income | $ | 2,953 | | | $ | 2,648 | | | U.S. | $ | 274 | | | $ | 225 | | | International Operated Markets | 399 | | | 322 | | | International Developmental Licensed Markets & Corporate | 9 | | | 4 | | | Total Capital expenditures | $ | 682 | | | $ | 551 | | | U.S. | $ | 251 | | | $ | 241 | | | International Operated Markets | 213 | | | 182 | | | International Developmental Licensed Markets & Corporate | 102 | | | 98 | | | Total Depreciation & amortization** | $ | 566 | | | $ | 520 | |
| | | | | | | | | | | | | In millions | March 31, 2026 | | December 31, 2025 | | U.S. | $ | 22,992 | | | $ | 23,008 | | | International Operated Markets | 27,562 | | | 27,487 | | | International Developmental Licensed Markets & Corporate | 9,483 | | | 9,020 | | | Total Assets | $ | 60,037 | | | $ | 59,515 | |
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