| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Aug'17 | May'17 | Mar'17 | Feb'17 | Dec'16 | Aug'16 | May'16 | Feb'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows – Operating Activities | |||||||||||||||||
Net income - including noncontrolling interests | |||||||||||||||||
580,000 | 743,000 | 727,000 | 704,000 | 669,000 | 736,000 | 568,000 | 577,000 | 540,000 | 424,000 | 600,000 | 581,000 | 0 | 541,000 | 510,000 | 0 | 0 | 0 |
Depreciation and amortization | |||||||||||||||||
426,000 | 428,000 | 424,000 | 427,000 | 438,000 | 445,000 | 487,000 | 484,000 | 463,000 | 409,000 | 395,000 | 391,000 | 0 | 398,000 | 402,000 | 0 | 0 | 0 |
Non-cash operating lease cost | |||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Closures and impairment expenses | |||||||||||||||||
33,000 | 36,000 | 40,000 | 40,000 | 53,000 | 41,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Gain from re-measurement of equity interest upon acquisition | |||||||||||||||||
- | - | - | - | - | 98,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Investment loss (gain) | |||||||||||||||||
45,000 | 63,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity income from investments in unconsolidated affiliates | |||||||||||||||||
66,000 | 69,000 | 69,000 | 67,000 | 65,000 | 65,000 | 66,000 | 70,000 | 71,000 | 65,000 | 61,000 | 58,000 | 0 | 55,000 | 54,000 | 0 | 0 | 0 |
Distributions of income received from unconsolidated affiliates | |||||||||||||||||
53,000 | 73,000 | 62,000 | 60,000 | 55,000 | 63,000 | 60,000 | 60,000 | 54,000 | 45,000 | 0 | 0 | 0 | - | - | - | - | - |
Refranchising gain | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | - | 13,000 | - | 0 | 0 | 0 |
Deferred income taxes | |||||||||||||||||
12,000 | 16,000 | -1,000 | -3,000 | 16,000 | 33,000 | 111,000 | 105,000 | 86,000 | 62,000 | -19,000 | -14,000 | 0 | -24,000 | -42,000 | 0 | 0 | 0 |
Share-based compensation expense | |||||||||||||||||
27,000 | 26,000 | 27,000 | 26,000 | 24,000 | 24,000 | 28,000 | 29,000 | 29,000 | 26,000 | 23,000 | 21,000 | 0 | 16,000 | 16,000 | 0 | 0 | 0 |
Changes in accounts receivable | |||||||||||||||||
5,000 | 9,000 | 17,000 | 16,000 | 19,000 | 13,000 | -5,000 | 4,000 | -4,000 | -1,000 | 19,000 | 43,000 | 0 | 38,000 | 54,000 | 0 | 0 | 0 |
Changes in inventories | |||||||||||||||||
54,000 | 77,000 | 59,000 | 42,000 | 37,000 | 23,000 | 32,000 | 0 | 3,000 | 11,000 | 26,000 | 59,000 | 0 | 73,000 | 96,000 | 0 | 0 | 0 |
Changes in prepaid expenses and other current assets | |||||||||||||||||
0 | - | - | - | 18,000 | 22,000 | 21,000 | 48,000 | 27,000 | 15,000 | 0 | 0 | 0 | 0 | - | - | - | 0 |
Changes in accounts payable and other current liabilities | |||||||||||||||||
18,000 | 171,000 | 188,000 | 142,000 | 130,000 | 254,000 | -4,000 | 119,000 | -2,000 | -56,000 | 106,000 | 95,000 | 0 | 41,000 | 123,000 | 0 | 0 | 0 |
Changes in income taxes payable | |||||||||||||||||
-27,000 | -8,000 | 8,000 | 0 | -22,000 | 17,000 | -13,000 | 20,000 | 15,000 | 3,000 | 9,000 | -16,000 | 0 | 1,000 | 6,000 | 0 | 0 | 0 |
Changes in non-current operating lease liabilities | |||||||||||||||||
-380,000 | -381,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
-25,000 | -37,000 | -82,000 | -85,000 | -95,000 | -86,000 | 1,000 | 8,000 | 14,000 | 14,000 | -45,000 | -87,000 | 0 | -56,000 | -44,000 | 0 | 0 | 0 |
Net Cash Provided by Operating Activities | |||||||||||||||||
901,000 | 1,185,000 | 1,205,000 | 1,171,000 | 1,126,000 | 1,333,000 | 1,070,000 | 1,230,000 | 1,078,000 | 884,000 | 1,029,000 | 916,000 | 0 | 850,000 | 866,000 | 0 | 0 | 0 |
Cash Flows – Investing Activities | |||||||||||||||||
Capital spending | |||||||||||||||||
412,000 | 435,000 | 421,000 | 452,000 | 469,000 | 470,000 | 512,000 | 468,000 | 452,000 | 415,000 | 430,000 | 441,000 | 0 | 430,000 | 436,000 | 0 | 0 | 0 |
Purchases of short-term investments | |||||||||||||||||
1,064,000 | 1,024,000 | 710,000 | 643,000 | 679,000 | 604,000 | 791,000 | 737,000 | 656,000 | 596,000 | 401,000 | 311,000 | 0 | 182,000 | 136,000 | 0 | 0 | 0 |
Maturities of short-term investments | |||||||||||||||||
848,000 | 534,000 | 533,000 | 633,000 | 663,000 | 680,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Prepayment for investment | |||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from refranchising of restaurants | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 27,000 | - | 0 | 0 | 0 |
Acquisition of business, net of cash acquired | |||||||||||||||||
- | - | - | - | - | 91,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
-14,000 | -15,000 | -20,000 | -25,000 | -10,000 | -7,000 | 0 | 0 | 0 | - | -27,000 | -26,000 | 0 | -29,000 | -29,000 | 0 | 0 | 0 |
Net Cash Provided by (Used in) Investing Activities | |||||||||||||||||
-641,000 | -910,000 | -578,000 | -514,000 | -552,000 | -552,000 | -790,000 | -531,000 | -651,000 | -557,000 | -533,000 | -689,000 | 0 | -516,000 | -471,000 | 0 | 0 | 0 |
Cash Flows – Financing Activities | |||||||||||||||||
Net transfers from Parent | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Payment of capital lease obligation | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - |
Repayment of short-term borrowings assumed from acquisition | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Repurchase of shares of common stock | |||||||||||||||||
205,000 | 265,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash dividends paid on common stock | |||||||||||||||||
180,000 | 181,000 | 182,000 | 175,000 | 168,000 | 161,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
0 | - | - | - | -11,000 | -14,000 | 17,000 | 17,000 | 11,000 | 3,000 | 0 | 0 | 0 | - | - | - | - | - |
Net Cash Used in Financing Activities | |||||||||||||||||
-419,000 | -480,000 | -568,000 | -591,000 | -580,000 | -518,000 | -361,000 | -328,000 | -235,000 | -185,000 | 200,000 | 169,000 | 0 | 85,000 | 93,000 | 0 | 0 | 0 |
Effect of Exchange Rates on Cash, Cash Equivalents and Restricted Cash | |||||||||||||||||
0 | - | - | - | -65,000 | -56,000 | -62,000 | -2,000 | 52,000 | 32,000 | 31,000 | -12,000 | 0 | -17,000 | -28,000 | 0 | 0 | 0 |
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | |||||||||||||||||
-190,000 | -211,000 | 30,000 | 35,000 | -71,000 | 207,000 | -143,000 | 369,000 | 244,000 | 174,000 | 727,000 | 384,000 | 0 | 402,000 | 460,000 | 0 | 0 | 0 |
Supplemental Cash Flow Data | |||||||||||||||||
Cash paid for income tax | |||||||||||||||||
227,000 | 255,000 | 236,000 | 229,000 | 241,000 | 208,000 | 228,000 | 231,000 | 227,000 | 232,000 | 207,000 | 213,000 | 0 | 184,000 | 182,000 | 0 | 0 | 0 |
Non-cash Investing and Financing Activities | |||||||||||||||||
Capital expenditures included in accounts payables and other current liabilities | |||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |