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Segment Information (Notes)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Revenues by segment are as follows:
Three Months EndedSix Months Ended
June 30,
2024		July 2,
2023		June 30,
2024		July 2,
2023
Wendy’s U.S.$472,591 $468,753 $915,438 $909,741 
Wendy’s International36,361 32,715 69,176 61,995 
Global Real Estate & Development61,775 60,097 120,866 118,636 
Total revenues$570,727 $561,565 $1,105,480 $1,090,372 

The following table reconciles profit by segment to the Company’s consolidated income before income taxes:
Three Months EndedSix Months Ended
June 30,
2024		July 2,
2023		June 30,
2024		July 2,
2023
Wendy’s U.S. (a)$136,709 $142,947 $262,533 $268,177 
Wendy’s International (b)10,675 8,531 21,365 15,977 
Global Real Estate & Development28,182 26,534 52,243 51,602 
Total segment profit175,566 178,012 $336,141 $335,756 
Unallocated franchise support and other costs(191)23 (217)23 
Advertising funds deficit254 1,315 461 2,421 
Unallocated general and administrative (c)(32,456)(33,653)(65,846)(65,814)
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below)(37,492)(33,498)(73,010)(66,970)
Amortization of cloud computing arrangements(3,519)(2,266)(7,061)(3,848)
System optimization gains (losses), net280 (6)153 (1)
Reorganization and realignment costs(2,452)(681)(8,125)(7,489)
Impairment of long-lived assets(689)(78)(2,695)(454)
Unallocated other operating income, net206 106 862 128 
Interest expense, net(30,995)(31,136)(61,530)(62,841)
Loss on early extinguishment of debt— — — (1,266)
Investment income (loss), net11 (6,827)11 (10,389)
Other income, net6,300 7,573 13,136 14,909 
Income before income taxes$74,823 $78,884 $132,280 $134,165 
_______________
(a)Wendy’s U.S. includes advertising funds expense of $5,084 and $7,409 for the three and six months ended June 30, 2024 related to the Company’s funding of incremental advertising.

(b)Wendy’s International includes advertising funds expense of $603 and $765 for the three and six months ended June 30, 2024, respectively, and $658 and $1,206 for the three and six months ended July 2, 2023, respectively, related to the Company’s funding of incremental advertising in Canada. In addition, Wendy’s International includes other international-related advertising deficit of $320 and $470 for the three and six months ended June 30, 2024, respectively, and $479 and $1,324 for the three and six months ended July 2, 2023, respectively.

(c)Includes corporate overhead costs, such as employee compensation and related benefits.