$RSTRF

2020 Q3 Form 10-Q Financial Statement

#000161875520000073 Filed on October 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $1.337B $1.479B $1.458B
YoY Change -8.3% 6.79% 6.04%
Cost Of Revenue $418.0M $475.0M
YoY Change -12.0% 1.06%
Gross Profit $919.0M $983.0M
YoY Change -6.51% 8.62%
Gross Profit Margin 68.74% 67.42%
Selling, General & Admin $96.00M $320.0M
YoY Change -70.0% 7.38%
% of Gross Profit 10.45% 32.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $96.00M $320.0M
YoY Change -70.0% 7.38%
Operating Profit $417.0M $511.0M $571.0M
YoY Change -26.97% -0.97% 19.46%
Interest Expense -$129.0M -$137.0M
YoY Change -5.84% 1.48%
% of Operating Profit -30.94% -23.99%
Other Income/Expense, Net
YoY Change
Pretax Income $288.0M $430.0M
YoY Change -33.02% 25.36%
Income Tax $65.00M $79.00M
% Of Pretax Income 22.57% 18.37%
Net Earnings $223.0M $257.0M $351.0M
YoY Change -36.47% -14.62% 40.4%
Net Earnings / Revenue 16.68% 17.38% 24.07%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.904B $1.533B $1.699B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $87.00M $84.00M $83.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.665B $2.196B $2.340B
YoY Change 13.89% 46.4% 34.88%
LONG-TERM ASSETS
Property, Plant & Equipment $1.975B $2.007B $1.981B
YoY Change -0.3% 0.55% -3.56%
Goodwill $5.571B $5.651B $5.579B
YoY Change -0.14% 3.01% -1.78%
Intangibles $10.42B $10.56B $10.44B
YoY Change -0.23% 0.96% -3.53%
Long-Term Investments $0.00 $0.00 $0.00
YoY Change
Other Assets $722.0M $719.0M $716.0M
YoY Change 0.84% 11.99% 12.28%
Total Long-Term Assets $19.87B $20.16B $19.91B
YoY Change -0.21% 8.17% 3.42%
TOTAL ASSETS
Total Short-Term Assets $2.665B $2.196B $2.340B
Total Long-Term Assets $19.87B $20.16B $19.91B
Total Assets $22.53B $22.36B $22.25B
YoY Change 1.28% 11.02% 6.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $523.0M $644.0M $510.0M
YoY Change 2.55% 25.54% 9.21%
Accrued Expenses $883.0M $790.0M $797.0M
YoY Change 10.79% 24.02% 17.48%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $78.00M $74.00M $749.0M
YoY Change -89.59% 5.71% 1214.04%
Total Short-Term Liabilities $1.621B $1.703B $2.177B
YoY Change -25.54% 20.95% 64.89%
LONG-TERM LIABILITIES
Long-Term Debt $12.30B $11.76B $11.57B
YoY Change 6.33% -0.54% -1.69%
Other Long-Term Liabilities $1.917B $1.698B $1.598B
YoY Change 19.96% 9.76% -8.08%
Total Long-Term Liabilities $14.22B $13.46B $13.17B
YoY Change 7.98% 0.65% -2.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.621B $1.703B $2.177B
Total Long-Term Liabilities $14.22B $13.46B $13.17B
Total Liabilities $18.62B $18.10B $18.19B
YoY Change 2.38% 9.55% 9.61%
SHAREHOLDERS EQUITY
Retained Earnings $0.00 $0.00 $0.00
YoY Change
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $22.53B $22.36B $22.25B
YoY Change 1.28% 11.02% 6.02%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $223.0M $257.0M $351.0M
YoY Change -36.47% -14.62% 40.4%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001618755
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3M
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-36787
dei Entity Registrant Name
EntityRegistrantName
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
Z4
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1206431
dei Entity Address Address Line1
EntityAddressAddressLine1
130 King Street West, Suite 300
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
M5X 1E1
dei Entity Address City Or Town
EntityAddressCityOrTown
Toronto,
dei Entity Address State Or Province
EntityAddressStateOrProvince
ON
dei City Area Code
CityAreaCode
905
dei Local Phone Number
LocalPhoneNumber
845-6511
dei Security12g Title
Security12gTitle
Class B exchangeable limited partnership units
dei Trading Symbol
TradingSymbol
QSP
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1904000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1533000000 USD
CY2020Q3 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
37000000 USD
CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
13000000 USD
CY2020Q3 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
589000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
527000000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
87000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
84000000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
85000000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
52000000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
2665000000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
2196000000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
831000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
746000000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1975000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2007000000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1122000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1176000000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10415000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10563000000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
5571000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5651000000 USD
CY2020Q3 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
63000000 USD
CY2019Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
48000000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
722000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
719000000 USD
CY2020Q3 us-gaap Assets
Assets
22533000000 USD
CY2019Q4 us-gaap Assets
Assets
22360000000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
523000000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
644000000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
883000000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
790000000 USD
CY2020Q3 qsr Contract With Customer Liability Gift Cards
ContractWithCustomerLiabilityGiftCards
108000000 USD
CY2019Q4 qsr Contract With Customer Liability Gift Cards
ContractWithCustomerLiabilityGiftCards
168000000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
107000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
101000000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1621000000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1703000000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12300000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11759000000 USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
304000000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
288000000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1054000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1089000000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1917000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1698000000 USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1422000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1564000000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
18618000000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
18101000000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1526000000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1178000000 USD
CY2020Q3 us-gaap Partners Capital
PartnersCapital
3911000000 USD
CY2019Q4 us-gaap Partners Capital
PartnersCapital
4255000000 USD
CY2020Q3 us-gaap Minority Interest
MinorityInterest
4000000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
4000000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3915000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4259000000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22533000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22360000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1337000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1458000000 USD
us-gaap Revenues
Revenues
3610000000 USD
us-gaap Revenues
Revenues
4124000000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
418000000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
475000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1156000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1334000000 USD
CY2020Q3 qsr Franchise And Property Costs
FranchiseAndPropertyCosts
128000000 USD
CY2019Q3 qsr Franchise And Property Costs
FranchiseAndPropertyCosts
133000000 USD
qsr Franchise And Property Costs
FranchiseAndPropertyCosts
388000000 USD
qsr Franchise And Property Costs
FranchiseAndPropertyCosts
401000000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
302000000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
320000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
922000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
948000000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18000000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-36000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-54000000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
30000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-59000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
44000000 USD
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
920000000 USD
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
887000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
2561000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
2628000000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
417000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
571000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1049000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1496000000 USD
CY2020Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-129000000 USD
CY2019Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-137000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-376000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-406000000 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
288000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
430000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
673000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1086000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
232000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
223000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
351000000 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223000000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
351000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
610000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
854000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
223000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
351000000 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
239000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-173000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-170000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
185000000 USD
CY2020Q3 us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
-40000000 USD
CY2019Q3 us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
37000000 USD
us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
12000000 USD
us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
-2000000 USD
CY2020Q3 qsr Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterTax
-198000000 USD
CY2019Q3 qsr Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterTax
143000000 USD
qsr Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterTax
39000000 USD
qsr Other Comprehensive Income Loss Net Investment Hedge Gain Loss After Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterTax
27000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-7000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-9000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-99000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-43000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-17000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-25000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-268000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-116000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
8000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
2000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
18000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
3000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-22000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-51000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-7000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
46000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-50000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-348000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
103000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
269000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
301000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
263000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
957000000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
269000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
301000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
262000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
957000000 USD
CY2019Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
165507199 shares
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4259000000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.77
CY2020Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
156000000 USD
CY2020Q1 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.52
CY2020Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
86000000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2020Q1 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
55000000 USD
CY2020Q1 qsr Restaurant Variable Interest Entity Distributions
RestaurantVariableInterestEntityDistributions
1000000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
224000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-543000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3752000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
CY2020Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
158000000 USD
CY2020Q2 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.52
CY2020Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
85000000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2020Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
31000000 USD
CY2020Q2 qsr Restaurant Variable Interest Entity Distributions
RestaurantVariableInterestEntityDistributions
1000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
164000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
149000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3852000000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.78
CY2020Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
158000000 USD
CY2020Q3 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.52
CY2020Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
84000000 USD
CY2020Q3 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
35000000 USD
CY2020Q3 qsr Restaurant Variable Interest Entity Distributions
RestaurantVariableInterestEntityDistributions
-1000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
223000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
46000000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3915000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3618000000 USD
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2019Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
127000000 USD
CY2019Q1 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.50
CY2019Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
104000000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019Q1 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
71000000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
246000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
48000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3773000000 USD
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2019Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
128000000 USD
CY2019Q2 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.50
CY2019Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
103000000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
55000000 USD
CY2019Q2 qsr Restaurant Variable Interest Entity Distributions
RestaurantVariableInterestEntityDistributions
-1000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
257000000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
105000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3960000000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.70
CY2019Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
141000000 USD
CY2019Q3 qsr Distributions Dividends Per Common Unit Share
DistributionsDividendsPerCommonUnitShare
0.50
CY2019Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
92000000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019Q3 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
36000000 USD
CY2019Q3 qsr Restaurant Variable Interest Entity Distributions
RestaurantVariableInterestEntityDistributions
1000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
351000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-50000000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4063000000 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
139000000 USD
qsr Gains Losses On Extinguishment Of Debt Noncash Portion
GainsLossesOnExtinguishmentOfDebtNoncashPortion
0 USD
qsr Gains Losses On Extinguishment Of Debt Noncash Portion
GainsLossesOnExtinguishmentOfDebtNoncashPortion
-4000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
22000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
38000000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
43000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
56000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-16000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
7000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
34000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-15000000 USD
qsr Increase Decrease In Other Accrued Liabilities And Gift Card Liability
IncreaseDecreaseInOtherAccruedLiabilitiesAndGiftCardLiability
-85000000 USD
qsr Tenant Inducements Paidto Franchisees
TenantInducementsPaidtoFranchisees
7000000 USD
qsr Tenant Inducements Paidto Franchisees
TenantInducementsPaidtoFranchisees
13000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-64000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
593000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
878000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22000000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
17000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1585000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
750000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
290000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
13000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
669000000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
99000000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
29000000 USD
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
17000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-182000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-106000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
371000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
786000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
913000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1904000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1699000000 USD
us-gaap Interest Paid Net
InterestPaidNet
315000000 USD
us-gaap Interest Paid Net
InterestPaidNet
433000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
163000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
171000000 USD
CY2020Q3 us-gaap Number Of Restaurants
NumberOfRestaurants
27027 restaurant
CY2020Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
100 country
CY2020Q3 qsr Restaurants Owned By Franchisees Percentage
RestaurantsOwnedByFranchiseesPercentage
1
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP and related rules and regulations of the SEC requires our management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates.</span></div><div style="margin-top:12pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The carrying amounts for cash and cash equivalents, accounts and notes receivable and accounts and drafts payable approximate fair value based on the short-term nature of these amounts.</span></div>
qsr Percentof Rent Structure Variable Rent
PercentofRentStructureVariableRent
1
CY2020Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
112000000 USD
CY2019Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
112000000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
333000000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
335000000 USD
CY2020Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
82000000 USD
CY2019Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
100000000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
191000000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
281000000 USD
CY2020Q3 qsr Operating Lease Amortization
OperatingLeaseAmortization
1000000 USD
CY2019Q3 qsr Operating Lease Amortization
OperatingLeaseAmortization
1000000 USD
qsr Operating Lease Amortization
OperatingLeaseAmortization
4000000 USD
qsr Operating Lease Amortization
OperatingLeaseAmortization
5000000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
195000000 USD
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
213000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
528000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
621000000 USD
CY2020Q3 us-gaap Direct Financing Lease Lease Income
DirectFinancingLeaseLeaseIncome
1000000 USD
CY2019Q3 us-gaap Direct Financing Lease Lease Income
DirectFinancingLeaseLeaseIncome
2000000 USD
us-gaap Direct Financing Lease Lease Income
DirectFinancingLeaseLeaseIncome
4000000 USD
us-gaap Direct Financing Lease Lease Income
DirectFinancingLeaseLeaseIncome
7000000 USD
CY2020Q3 us-gaap Lease Income
LeaseIncome
196000000 USD
CY2019Q3 us-gaap Lease Income
LeaseIncome
215000000 USD
us-gaap Lease Income
LeaseIncome
532000000 USD
us-gaap Lease Income
LeaseIncome
628000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
541000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
59000000 USD
qsr Contractwith Customer Liability Increase Excluding Amounts Recognized As Revenue During The Period
ContractwithCustomerLiabilityIncreaseExcludingAmountsRecognizedAsRevenueDuringThePeriod
29000000 USD
qsr Contractwith Customer Liability Foreign Currency Translation
ContractwithCustomerLiabilityForeignCurrencyTranslation
6000000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
517000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
12000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
44000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
43000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
41000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
40000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
337000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
517000000 USD
CY2020Q3 us-gaap Lease Income
LeaseIncome
196000000 USD
CY2019Q3 us-gaap Lease Income
LeaseIncome
215000000 USD
us-gaap Lease Income
LeaseIncome
532000000 USD
us-gaap Lease Income
LeaseIncome
628000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1337000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1458000000 USD
us-gaap Revenues
Revenues
3610000000 USD
us-gaap Revenues
Revenues
4124000000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223000000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
351000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
610000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
854000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
840000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
315000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
525000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
847000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
290000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
557000000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10415000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10563000000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
5571000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5651000000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33000000 USD
CY2020Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
243000000 USD
CY2019Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
232000000 USD
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
106000000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
71000000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
62000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
57000000 USD
CY2020Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
157000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
126000000 USD
CY2020Q3 qsr Contract With Customer Deferred Income Current
ContractWithCustomerDeferredIncomeCurrent
41000000 USD
CY2019Q4 qsr Contract With Customer Deferred Income Current
ContractWithCustomerDeferredIncomeCurrent
35000000 USD
CY2020Q3 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
65000000 USD
CY2019Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
40000000 USD
CY2020Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
12000000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
8000000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
128000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
126000000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
69000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
95000000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
883000000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
790000000 USD
CY2020Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
604000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
579000000 USD
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
517000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
541000000 USD
CY2020Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
592000000 USD
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
341000000 USD
CY2020Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
83000000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
103000000 USD
CY2020Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
55000000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
65000000 USD
CY2020Q3 qsr Contract With Customer Deferred Income Noncurrent
ContractWithCustomerDeferredIncomeNoncurrent
26000000 USD
CY2019Q4 qsr Contract With Customer Deferred Income Noncurrent
ContractWithCustomerDeferredIncomeNoncurrent
25000000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
40000000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
44000000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1917000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1698000000 USD
CY2020Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
171000000 USD
CY2019Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
81000000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
139000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
148000000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
12378000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
11833000000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
78000000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
74000000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12300000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11759000000 USD
CY2020Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
12283000000 USD
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
12075000000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
12346000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11900000000 USD
CY2020Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
119000000 USD
CY2019Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
130000000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
351000000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
382000000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4000000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
14000000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
16000000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7000000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
19000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
22000000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
8000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
14000000 USD
CY2020Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-129000000 USD
CY2019Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-137000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-376000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-406000000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.092
qsr Effective Income Tax Rate Reconciliation Deferred Tax Asset Period Increase Decrease
EffectiveIncomeTaxRateReconciliationDeferredTaxAssetPeriodIncreaseDecrease
-64000000 USD
CY2020Q3 qsr Effective Income Tax Rate Reconciliation Deferred Tax Asset Period Increase Decrease
EffectiveIncomeTaxRateReconciliationDeferredTaxAssetPeriodIncreaseDecrease
-64000000 USD
qsr Effective Tax Rate Period Increase Decrease
EffectiveTaxRatePeriodIncreaseDecrease
-0.095
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.183
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.214
CY2019Q3 qsr Unrecognized Tax Benefits Increase Related To Prior Restructuring Transaction
UnrecognizedTaxBenefitsIncreaseRelatedToPriorRestructuringTransaction
37000000 USD
qsr Unrecognized Tax Benefits Increase Related To Prior Restructuring Transaction
UnrecognizedTaxBenefitsIncreaseRelatedToPriorRestructuringTransaction
37000000 USD
qsr Effective Tax Rate Period Increase Decrease
EffectiveTaxRatePeriodIncreaseDecrease
0.034
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.012
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.029
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-170000000 USD
qsr Other Comprehensive Income Change In Fair Value Of Derivatives Net Of Tax
OtherComprehensiveIncomeChangeInFairValueOfDerivativesNetOfTax
229000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-51000000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-12000000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
18000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
29000000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
593000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
343000000 USD
CY2020Q3 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-4000000 USD
CY2019Q3 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-6000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-2000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1000000 USD
CY2020Q3 qsr Litigation Settlement Expense Reserves
LitigationSettlementExpenseReserves
4000000 USD
CY2019Q3 qsr Litigation Settlement Expense Reserves
LitigationSettlementExpenseReserves
1000000 USD
qsr Number Of Brand
NumberOfBrand
3 brand
qsr Litigation Settlement Expense Reserves
LitigationSettlementExpenseReserves
5000000 USD
qsr Litigation Settlement Expense Reserves
LitigationSettlementExpenseReserves
1000000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-44000000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
35000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-54000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
38000000 USD
CY2020Q3 qsr Other Operating Income Expense Other Net
OtherOperatingIncomeExpenseOtherNet
-2000000 USD
CY2019Q3 qsr Other Operating Income Expense Other Net
OtherOperatingIncomeExpenseOtherNet
2000000 USD
qsr Other Operating Income Expense Other Net
OtherOperatingIncomeExpenseOtherNet
2000000 USD
qsr Other Operating Income Expense Other Net
OtherOperatingIncomeExpenseOtherNet
6000000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-54000000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
30000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-59000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
44000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 brand
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 brand
CY2020Q3 us-gaap Revenues
Revenues
1337000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1458000000 USD
us-gaap Revenues
Revenues
3610000000 USD
us-gaap Revenues
Revenues
4124000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1337000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1458000000 USD
us-gaap Revenues
Revenues
3610000000 USD
us-gaap Revenues
Revenues
4124000000 USD
CY2020Q3 qsr Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
561000000 USD
CY2019Q3 qsr Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
602000000 USD
qsr Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1363000000 USD
qsr Adjusted Earnings Before Interest Tax Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization
1682000000 USD
CY2020Q3 qsr Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
465000000 USD
CY2019Q3 qsr Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
618000000 USD
qsr Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
1188000000 USD
qsr Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
1635000000 USD
CY2020Q3 qsr Depreciation And Amortization Excluding Oie Depreciation
DepreciationAndAmortizationExcludingOieDepreciation
48000000 USD
CY2019Q3 qsr Depreciation And Amortization Excluding Oie Depreciation
DepreciationAndAmortizationExcludingOieDepreciation
47000000 USD
qsr Depreciation And Amortization Excluding Oie Depreciation
DepreciationAndAmortizationExcludingOieDepreciation
139000000 USD
qsr Depreciation And Amortization Excluding Oie Depreciation
DepreciationAndAmortizationExcludingOieDepreciation
139000000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
417000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
571000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1049000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1496000000 USD
CY2020Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-129000000 USD
CY2019Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-137000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-376000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-406000000 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
232000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
223000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
351000000 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1904000000 USD
CY2020Q3 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
589000000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
87000000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
85000000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
2665000000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1975000000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1122000000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10415000000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
5571000000 USD
CY2020Q3 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
63000000 USD
CY2020Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
0 USD
CY2020Q3 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
722000000 USD
CY2020Q3 us-gaap Assets
Assets
22533000000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
523000000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
883000000 USD
CY2020Q3 qsr Contract With Customer Liability Gift Cards
ContractWithCustomerLiabilityGiftCards
108000000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
107000000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1621000000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12300000000 USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
304000000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1054000000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1917000000 USD
CY2020Q3 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
0 USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1422000000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
18618000000 USD
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1526000000 USD
CY2020Q3 us-gaap Partners Capital
PartnersCapital
3911000000 USD
CY2020Q3 us-gaap Minority Interest
MinorityInterest
4000000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3915000000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22533000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1533000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
527000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
84000000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
52000000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
2196000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2007000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1176000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10563000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5651000000 USD
CY2019Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
48000000 USD
CY2019Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
0 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
719000000 USD
CY2019Q4 us-gaap Assets
Assets
22360000000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
644000000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
790000000 USD
CY2019Q4 qsr Contract With Customer Liability Gift Cards
ContractWithCustomerLiabilityGiftCards
168000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
101000000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1703000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11759000000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
288000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1089000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1698000000 USD
CY2019Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
0 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1564000000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
18101000000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1178000000 USD
CY2019Q4 us-gaap Partners Capital
PartnersCapital
4255000000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
4000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4259000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22360000000 USD
CY2020Q3 qsr Franchise And Property Revenues
FranchiseAndPropertyRevenues
796000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1337000000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
418000000 USD
CY2020Q3 qsr Franchise And Property Costs
FranchiseAndPropertyCosts
128000000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
302000000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18000000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-54000000 USD
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
920000000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
417000000 USD
CY2020Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-129000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
288000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
223000000 USD
CY2020Q3 qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
223000000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
223000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
269000000 USD
qsr Franchise And Property Revenues
FranchiseAndPropertyRevenues
2160000000 USD
us-gaap Revenues
Revenues
3610000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1156000000 USD
qsr Franchise And Property Costs
FranchiseAndPropertyCosts
388000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
922000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-36000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-59000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
2561000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1049000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-376000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
673000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
62000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
611000000 USD
qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
610000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
263000000 USD
CY2019Q3 qsr Franchise And Property Revenues
FranchiseAndPropertyRevenues
834000000 USD
CY2019Q3 us-gaap Revenues
Revenues
1458000000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
475000000 USD
CY2019Q3 qsr Franchise And Property Costs
FranchiseAndPropertyCosts
133000000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
320000000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
30000000 USD
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
887000000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
571000000 USD
CY2019Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-137000000 USD
CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
430000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
351000000 USD
CY2019Q3 qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
351000000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
351000000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
301000000 USD
qsr Franchise And Property Revenues
FranchiseAndPropertyRevenues
2389000000 USD
us-gaap Revenues
Revenues
4124000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1334000000 USD
qsr Franchise And Property Costs
FranchiseAndPropertyCosts
401000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
948000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
44000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
2628000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1496000000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-406000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1086000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
232000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
854000000 USD
qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
854000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
957000000 USD
us-gaap Profit Loss
ProfitLoss
611000000 USD
qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
139000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
19000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-36000000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-54000000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-14000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
55000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-120000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-23000000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
83000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
21000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-110000000 USD
qsr Increase Decrease In Other Accrued Liabilities And Gift Card Liability
IncreaseDecreaseInOtherAccruedLiabilitiesAndGiftCardLiability
-12000000 USD
qsr Tenant Inducements Paidto Franchisees
TenantInducementsPaidtoFranchisees
7000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
5000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
593000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
9000000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
29000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1585000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1071000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
716000000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
60000000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
29000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-182000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-7000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
371000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1533000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1904000000 USD
us-gaap Profit Loss
ProfitLoss
854000000 USD
qsr Equity In Earnings Of Consolidated Subsidiaries
EquityInEarningsOfConsolidatedSubsidiaries
0 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
139000000 USD
qsr Gains Losses On Extinguishment Of Debt Noncash Portion
GainsLossesOnExtinguishmentOfDebtNoncashPortion
-4000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
22000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
38000000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
43000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
56000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-16000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
7000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
34000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-15000000 USD
qsr Increase Decrease In Other Accrued Liabilities And Gift Card Liability
IncreaseDecreaseInOtherAccruedLiabilitiesAndGiftCardLiability
-85000000 USD
qsr Tenant Inducements Paidto Franchisees
TenantInducementsPaidtoFranchisees
13000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-64000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
878000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22000000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
17000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
750000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
290000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
13000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
669000000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
99000000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
17000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-106000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
786000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
913000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1699000000 USD

Files In Submission

Name View Source Status
0001618755-20-000073-index-headers.html Edgar Link pending
0001618755-20-000073-index.html Edgar Link pending
0001618755-20-000073.txt Edgar Link pending
0001618755-20-000073-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
qsp2020930ex311.htm Edgar Link pending
qsp2020930ex312.htm Edgar Link pending
qsp2020930ex321.htm Edgar Link pending
qsp2020930ex322.htm Edgar Link pending
qsr-20200930.htm Edgar Link pending
qsr-20200930.xsd Edgar Link pending
qsr-20200930_cal.xml Edgar Link unprocessable
qsr-20200930_def.xml Edgar Link unprocessable
qsr-20200930_htm.xml Edgar Link completed
qsr-20200930_lab.xml Edgar Link unprocessable
qsr-20200930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending