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CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) Q1 Q2 Q3 Q4 Forecasting Quarters Ended Quarters Ended Quarters Ended June 30, September 30, In millions, except per
CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) | ||||
Q1 | Q2 | Q3 | Q4 Forecasting | |
Quarters Ended | Quarters Ended | Quarters Ended | ||
June 30, | September 30, | |||
In millions, except per share data | 2023 | 2023 | 2023 | 2023 |
Revenues | ||||
Sales by Company-operated restaurants | $ 2,224.30 | $ 2,487.00 | $ 2,556.20 | |
Revenues from franchised restaurants | 3,587.50 | 3,933.30 | 4,047.10 | |
Other revenues | 86.00 | 77.20 | 88.90 | |
Total revenues | 5,897.80 | 6,497.50 | 6,692.20 | |
Operating costs and expenses | ||||
Company-operated restaurant expenses | 1,923.10 | 2,091.30 | 2,135.00 | |
Franchised restaurants-occupancy expenses | 598.30 | 618.20 | 625.40 | |
Other restaurant expenses | 62.80 | 57.00 | 68.10 | |
Selling, general & administrative expenses | ||||
Depreciation and amortization | 99.30 | 95.20 | 96.70 | |
Other | 553.30 | 567.50 | 583.50 | |
Other operating (income) expense, net | 128.60 | (35.80) | (24.80) | |
Total operating costs and expenses | 3,365.40 | 3,393.40 | 3,483.90 | |
Operating income | 2,532.40 | 3,104.10 | 3,208.30 | |
Interest expense | 329.70 | 330.20 | 340.70 | |
Nonoperating (income) expense, net | (64.30) | (42.80) | (55.90) | |
Income before provision for income taxes | 2,267.00 | 2,816.70 | 2,923.50 | |
Provision for income taxes | 464.70 | 506.30 | 606.40 | |
Net income | $ 1,802.30 | $ 2,310.40 | $ 2,317.10 | |
Earnings per common share-basic | $ 2.47 | $ 3.17 | $ 3.19 | |
Earnings per common share-diluted | $ 2.45 | $ 3.15 | $ 3.17 | |
Dividends declared per common share | $ 1.52 | $ 1.52 | $ 1.52 | |
Weighted-average shares outstanding-basic | 730.90 | 729.60 | 727.20 | |
Weighted-average shares outstanding-diluted | 735.50 | 734.30 | 731.60 |
Forecasted Net sales/income Q4 is -1352.8. Looking to forecast the empty columns and create a pro forma statement.
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