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What is the return on revenue for 2016? What is the Receivables Turnover for 2016? In millions, except per share data 2016 2015 2014 REVENUES

What is the return on revenue for 2016?

What is the Receivables Turnover for 2016?

In millions, except per share data 2016 2015 2014
REVENUES
Sales by Company-operated restaurants $15,295.00 $16,488.30 $18,169.30
Revenues from franchised restaurants 9,326.90 8,924.70 9,272.00
Total revenues 24,621.90 25,413.00 27,441.30
OPERATING COSTS AND EXPENSES
Company-operated restaurant expenses
Food & paper 4,896.90 5,552.20 6,129.70
Payroll & employee benefits 4,134.20 4,400.00 4,756.00
Occupancy & other operating expenses 3,667.70 4,024.70 4,402.60
Franchised restaurants-occupancy expenses 1,718.40 1,646.90 1,697.30
Selling, general & administrative expenses 2,384.50 2,434.30 2,487.90
Other operating (income) expense, net 75.70 209.40 18.60
Total operating costs and expenses 16,877.40 18,267.50 19,492.10
Operating income 7,744.50 7,145.50 7,949.20
Interest expense-net of capitalized interest of $7.1, $9.4
and $14.7 884.80 638.30 576.40
Nonoperating (income) expense, net (6.30) (48.50) 0.80
Income before provision for income taxes 6,866.00 6,555.70 7,372.00
Provision for income taxes 2,179.50 2,026.40 2,614.20
Net income $4,686.50 $4,529.30 $4,757.80
Earnings per common share-basic $5.49 $4.82 $4.85
Earnings per common share-diluted $5.44 $4.80 $4.82
Dividends declared per common share $3.61 $3.44 $3.28
Weighted-average shares outstanding-basic 854.40 939.40 980.50
Weighted-average shares outstanding-diluted 861.20 944.60 986.30
Consolidated Balance Sheet
In millions, except per share data 12/31/16 12/31/15
ASSETS
Current assets
Cash and equivalents $1,223.40 $7,685.50
Accounts and notes receivable 1,474.10 1,298.70
Inventories, at cost, not in excess of market 58.90 100.10
Prepaid expenses and other current assets 565.20 558.70
Assets of businesses held for sale 1,527.00 -
Total current assets 4,848.60 9,643.00
Other assets
Investments in and advances to affiliates 725.90 792.70
Goodwill 2,336.50 2,516.30
Miscellaneous 1,855.30 1,869.10
Total other assets 4,917.70 5,178.10
Property and equipment
Property and equipment, at cost 34,443.40 37,692.40
Accumulated depreciation and amortization (13,185.80) (14,574.80)
Net property and equipment 21,257.60 23,117.60
Total assets $31,023.90 $37,938.70
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable $756.00 $874.70
Income taxes 267.20 154.80
Other taxes 266.30 309.00
Accrued interest 247.50 233.10
Accrued payroll and other liabilities 1,159.30 1,378.80
Current maturities of long-term debt 77.20 -
Liabilities of businesses held for sale 694.80 -
Total current liabilities 3,468.30 2,950.40
Long-term debt 25,878.50 24,122.10
Other long-term liabilities 2,064.30 2,074.00
Deferred income taxes 1,817.10 1,704.30
Shareholders' equity (deficit)
Preferred stock, no par value; authorized - 165.0 million shares;
issued - none - -
Common stock, $.01 par value; authorized - 3.5 billion shares;
issued - 1,660.6 million shares 16.60 16.60
Additional paid-in capital 6,757.90 6,533.40
Retained earnings 46,222.70 44,594.50
Accumulated other comprehensive income (3,092.90) (2,879.80)
Common stock in treasury, at cost; 841.3 and 753.8 million shares (52,108.60) (41,176.80)
Total shareholders' equity (deficit) (2,204.30) 7,087.90
Total liabilities and shareholders' equity (deficit) $31,023.90 $37,938.70

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