Restaurant Brands International Limited Partnership (RSTRF) 10-Q 3 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 26, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-36787
Entity Registrant Name	RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP
Entity Incorporation, State or Country Code	Z4
Entity Tax Identification Number	98-1206431
Entity Address, Address Line One	130 King Street West, Suite 300
Entity Address, Postal Zip Code	M5X 1E1
Entity Address, City or Town	Toronto,
Entity Address, State or Province	ON
City Area Code	905
Local Phone Number	339-6011
Title of 12(g) Security	Class B exchangeable limited partnership units
Trading Symbol	QSP
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001618755
Current Fiscal Year End Date	--12-31
Partnership exchangeable units
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		143,460,786
Class A common units
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		202,006,067

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 895	$ 1,087	$ 1,563	$ 1,560
Accounts and notes receivable, net of allowance of $27 and $18, respectively	593	547
Inventories, net	108	96
Prepaids and other current assets	90	86
Total current assets	1,686	1,816
Property and equipment, net of accumulated depreciation and amortization of $1,014 and $979, respectively	2,023	2,035
Operating lease assets, net	1,137	1,130
Intangible assets, net	11,451	11,417
Goodwill	6,050	6,006
Net investment in property leased to franchisees	82	80
Other assets, net	743	762
Total assets	23,172	23,246
Current liabilities:
Accounts and drafts payable	637	614
Other accrued liabilities	917	947
Gift card liability	169	221
Current portion of long-term debt and finance leases	105	96
Total current liabilities	1,828	1,878
Long-term debt, net of current portion	12,903	12,916
Finance leases, net of current portion	337	333
Operating lease liabilities, net of current portion	1,074	1,070
Other liabilities, net	1,689	1,822
Deferred income taxes, net	1,380	1,374
Total liabilities	19,211	19,393
Partners’ capital:
Accumulated other comprehensive income (loss)	(819)	(1,024)
Total Partners’ capital	3,958	3,850
Noncontrolling interests	3	3
Total equity	3,961	3,853	$ 4,002	$ 3,721
Total liabilities and equity	23,172	23,246
Class A common units
Partners’ capital:
Class A common units; 202,006,067 issued and outstanding at March 31, 2022 and December 31, 2021	8,400	8,421
Partnership exchangeable units
Partners’ capital:
Partnership exchangeable units; 143,467,558 issued and outstanding at March 31, 2022; 144,993,458 issued and outstanding at December 31, 2021	$ (3,623)	$ (3,547)

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Financing receivable, allowance for credit loss, current	$ 27	$ 18
Accumulated depreciation and amortization, property, plant, and equipment	$ 1,014	$ 979
Class A common units
Class A common units, issued (in shares)	202,006,067	202,006,067
Class A common units, outstanding (in shares)	202,006,067	202,006,067
Partnership exchangeable units
Partnership exchangeable units, issued (in shares)	143,467,558	144,993,458
Partnership exchangeable units, outstanding (in shares)	143,467,558	144,993,458

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues:
Total revenues	$ 1,451	$ 1,260
Operating costs and expenses:
Cost of sales	494	401
Franchise and property expenses	130	116
Advertising expenses and other services	247	237
General and administrative expenses	133	104
(Income) loss from equity method investments	13	2
Other operating expenses (income), net	(16)	(42)
Total operating costs and expenses	1,001	818
Income from operations	450	442
Interest expense, net	127	124
Income before income taxes	323	318
Income tax expense	53	47
Net income	270	271
Net income attributable to noncontrolling interests	1	1
Net income attributable to common unitholders	269	270
Class A common units
Operating costs and expenses:
Net income attributable to common unitholders	$ 183	$ 179
Earnings per unit - basic and diluted
Earnings per unit, basic (in usd per share)	$ 0.91	$ 0.89
Earnings per unit, diluted (in usd per share)	$ 0.91	$ 0.89
Weighted average units outstanding - basic and diluted (in millions):
Weighted average number of unit outstanding, basic (in shares)	202	202
Weighted average number of units outstanding, diluted (in shares)	202	202
Partnership exchangeable units
Operating costs and expenses:
Net income attributable to common unitholders	$ 86	$ 91
Earnings per unit - basic and diluted
Earnings per unit, basic (in usd per share)	$ 0.59	$ 0.59
Earnings per unit, diluted (in usd per share)	$ 0.59	$ 0.59
Weighted average units outstanding - basic and diluted (in millions):
Weighted average number of unit outstanding, basic (in shares)	145	155
Weighted average number of units outstanding, diluted (in shares)	145	155
Sales
Revenues:
Total revenues	$ 609	$ 507
Franchise and property revenues
Revenues:
Total revenues	615	548
Advertising revenues and other services
Revenues:
Total revenues	$ 227	$ 205

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 270	$ 271
Foreign currency translation adjustment	57	54
Net change in fair value of net investment hedges, net of tax of $25 and $20	(35)	29
Net change in fair value of cash flow hedges, net of tax of $(60) and $(33)	161	95
Amounts reclassified to earnings of cash flow hedges, net of tax of $(7) and $(8)	21	24
Gain (loss) recognized on other, net of tax of $0 and $0	1	1
Other comprehensive income (loss)	205	203
Comprehensive income (loss)	475	474
Comprehensive income (loss) attributable to noncontrolling interests	1	1
Comprehensive income (loss) attributable to common unitholders	$ 474	$ 473

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net change in fair value of net investment hedges, tax	$ 25	$ 20
Net change in fair value of cash flow hedges, tax	(60)	(33)
Amounts reclassified to earnings of cash flow hedges, tax	(7)	(8)
Gain (loss) recognized on other, tax	$ 0	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Accumulated  Other Comprehensive Income (Loss)	Noncontrolling Interest	Class A common units	Class A common unitsCommon Stock	Partnership exchangeable units	Partnership exchangeable unitsPartnership Exchangeable Units
Beginning balance Class A (in shares) at Dec. 31, 2020					202,006,067
Beginning balances at Dec. 31, 2020	$ 3,721	$ (1,275)	$ 4		$ 7,994		$ (3,002)
Beginning balance partnership exchangeable unit (in shares) at Dec. 31, 2020							155,113,338
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Distributions declared on Class A common units	(163)				(163)
Distributions declared on partnership exchangeable units	(82)						$ (82)
Exchange of Partnership exchangeable units for RBI common shares	0				5		$ (5)
Exchange of Partnership exchangeable units for RBI common shares (in shares)							(72,761)
Capital contribution from RBI	51				51
Restaurant VIE contributions (distributions)	1		1
Net income	271		1		$ 179		$ 91
Other comprehensive income (loss)	203	203
Ending balance Class A (in shares) at Mar. 31, 2021					202,006,067
Ending balances at Mar. 31, 2021	4,002	(1,072)	6		$ 8,066		$ (2,998)
Ending balance partnership exchangeable units (in shares) at Mar. 31, 2021							155,040,577
Beginning balance Class A (in shares) at Dec. 31, 2021				202,006,067	202,006,067
Beginning balances at Dec. 31, 2021	3,853	(1,024)	3		$ 8,421		$ (3,547)
Beginning balance partnership exchangeable unit (in shares) at Dec. 31, 2021						144,993,458	144,993,458
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Distributions declared on Class A common units	(167)				(167)
Distributions declared on partnership exchangeable units	(78)						$ (78)
Exchange of Partnership exchangeable units for RBI common shares	0				84		$ (84)
Exchange of Partnership exchangeable units for RBI common shares (in shares)						(1,525,900)	(1,525,900)
Distribution to RBI for repurchase of RBI common shares	(161)
Capital contribution from RBI	40				40
Restaurant VIE contributions (distributions)	(1)		(1)
Net income	270		1		$ 183		$ 86
Other comprehensive income (loss)	205	205
Ending balance Class A (in shares) at Mar. 31, 2022				202,006,067	202,006,067
Ending balances at Mar. 31, 2022	$ 3,961	$ (819)	$ 3		$ 8,400		$ (3,623)
Ending balance partnership exchangeable units (in shares) at Mar. 31, 2022						143,467,558	143,467,558

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Class A common units
Cash dividend declared (in usd per share)	$ 0.83	$ 0.81
Partnership exchangeable units
Cash dividend declared (in usd per share)	$ 0.54	$ 0.53

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 270	$ 271
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	49	49
Amortization of deferred financing costs and debt issuance discount	7	7
(Income) loss from equity method investments	13	2
(Gain) loss on remeasurement of foreign denominated transactions	(21)	(43)
Net (gains) losses on derivatives	18	20
Share-based compensation and non-cash incentive compensation expense	27	26
Deferred income taxes	(16)	14
Other	9	(8)
Changes in current assets and liabilities, excluding acquisitions and dispositions:
Accounts and notes receivable	(46)	24
Inventories and prepaids and other current assets	(22)	(4)
Accounts and drafts payable	18	19
Other accrued liabilities and gift card liability	(91)	(117)
Tenant inducements paid to franchisees	(2)	0
Other long-term assets and liabilities	21	6
Net cash provided by operating activities	234	266
Cash flows from investing activities:
Payments for property and equipment	(10)	(15)
Net proceeds from disposal of assets, restaurant closures, and refranchisings	4	11
Settlement/sale of derivatives, net	3	2
Other investing activities, net	4	(5)
Net cash (used for) provided by investing activities	1	(7)
Cash flows from financing activities:
Proceeds from long-term debt	1	0
Repayments of long-term debt and finance leases	(21)	(27)
Distributions on Class A common and Partnership exchangeable units	(241)	(239)
Distribution to RBI for repurchase of RBI common shares	(161)	0
Capital contribution from RBI	3	20
(Payments) proceeds from derivatives	(6)	(16)
Other financing activities, net	(1)	1
Net cash (used for) provided by financing activities	(426)	(261)
Effect of exchange rates on cash and cash equivalents	(1)	5
Increase (decrease) in cash and cash equivalents	(192)	3
Cash and cash equivalents at beginning of period	1,087	1,560
Cash and cash equivalents at end of period	895	1,563
Supplemental cash flow disclosures:
Interest paid	75	72
Income taxes paid	$ 42	$ 96

Description of Business and Org

Description of Business and Organization	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Organization	Description of Business and Organization Restaurant Brands International Limited Partnership (“Partnership”, “we”, “us” or “our”) is a Canadian limited partnership. We franchise and operate quick service restaurants serving premium coffee and other beverage and food products under the Tim Hortons ® brand (“Tim Hortons” or “TH”), fast food hamburgers principally under the Burger King ® brand (“Burger King” or “BK”), chicken under the Popeyes ® brand (“Popeyes” or “PLK”) and sandwiches under the Firehouse Subs ® brand (“Firehouse” or “FHS”). We are one of the world’s largest quick service restaurant, or QSR, companies as measured by total number of restaurants. As of March 31, 2022, we franchised or owned 5,320 Tim Hortons restaurants, 19,266 Burger King restaurants, 3,771 Popeyes restaurants and 1,219 Firehouse Subs restaurants, for a total of 29,576 restaurants, and operate in more than 100 countries. Approximately 100% of current system-wide restaurants are franchised. We are a subsidiary of Restaurant Brands International Inc. (“RBI”). RBI is our sole general partner, and as such, RBI has the exclusive right, power and authority to manage, control, administer and operate the business and affairs and to make decisions regarding the undertaking and business of Partnership in accordance with the partnership agreement of Partnership (“partnership agreement”) and applicable laws. All references to “$” or “dollars” are to the currency of the United States unless otherwise indicated. All references to “Canadian dollars” or “C$” are to the currency of Canada unless otherwise indicated.

Basis of Presentation and Conso

Basis of Presentation and Consolidation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation We have prepared the accompanying unaudited condensed consolidated financial statements (the “Financial Statements”) in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements. Therefore, the Financial Statements should be read in conjunction with the audited consolidated financial statements contained in our Annual Report on Form 10-K filed with the SEC and Canadian securities regulatory authorities on February 23, 2022. The Financial Statements include our accounts and the accounts of entities in which we have a controlling financial interest, the usual condition of which is ownership of a majority voting interest. Investments in other affiliates that are owned 50% or less where we have significant influence are accounted for by the equity method. All material intercompany balances and transactions have been eliminated in consolidation. We also consider for consolidation entities in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our maximum exposure to loss resulting from involvement with VIEs is attributable to accounts and notes receivable balances, outstanding loan guarantees and future lease payments, where applicable. As our franchise and master franchise arrangements provide the franchise and master franchise entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might be a VIE. Tim Hortons has historically entered into certain arrangements in which an operator acquires the right to operate a restaurant, but Tim Hortons owns the restaurant’s assets. We perform an analysis to determine if the legal entity in which operations are conducted is a VIE and consolidate a VIE entity if we also determine Tim Hortons is the entity’s primary beneficiary (“Restaurant VIEs”). As of March 31, 2022 and December 31, 2021, we determined that we are the primary beneficiary of 45 and 46 Restaurant VIEs, respectively, and accordingly, have consolidated the results of operations, assets and liabilities, and cash flows of these Restaurant VIEs in our Financial Statements. Material intercompany accounts and transactions have been eliminated in consolidation. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation have been included in the Financial Statements. The results for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the full year. 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. 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.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2022
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Accounting Relief for the Transition Away from LIBOR and Certain other Reference Rates – In March 2020 and as clarified in January 2021, the Financial Accounting Standards Board (“FASB”) issued guidance which provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. This amendment is effective as of March 12, 2020 through December 31, 2022. The expedients and exceptions provided by this new guidance do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationships. During the third quarter of 2021, we adopted certain of the expedients as it relates to hedge accounting as certain of our debt agreements and hedging relationships bear interest at variable rates, primarily U.S. dollar LIBOR. The adoption of and future elections under this new guidance did not and are not expected to have a material impact on our Financial Statements. We will continue to monitor the discontinuance of LIBOR on our debt agreements and hedging relationships.

Firehouse Acquisition

Firehouse Acquisition	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Firehouse Acquisition	Firehouse Acquisition On December 15, 2021, we completed the acquisition of Firehouse Subs (the “Firehouse Acquisition”) which complements RBI's existing portfolio. Like RBI's other brands, the Firehouse Subs brand is managed independently, while benefiting from the global scale and resources of RBI. The Firehouse Acquisition was accounted for as a business combination using the acquisition method of accounting. Total consideration in connection with the Firehouse Acquisition was $1,018 million, subject to potential further post-closing adjustments. The consideration was funded through cash on hand and $533 million of incremental borrowings under our senior secured term loan facility. Fees and expenses related to the Firehouse Acquisition and related financings (“FHS Transaction costs”) totaled $1 million during the three months ended March 31, 2022, consisting of professional fees, compensation related expenses and integration costs which are classified as general and administrative expenses in the accompanying condensed consolidated statements of operations. During the three months ended March 31, 2022, we adjusted our preliminary estimate of the fair value of net assets acquired. The preliminary allocation of consideration to the net tangible and intangible assets acquired is presented in the table below (in millions): December 15, 2021 Total current assets $ 21 Property and equipment 4 Firehouse Subs brand 768 Operating lease assets 9 Total liabilities (48) Total identifiable net assets 754 Goodwill 264 Total consideration $ 1,018 The adjustments to the preliminary estimate of net assets acquired and a decrease in total consideration resulted in a corresponding increase in estimated goodwill due to the following changes to preliminary estimates of fair values and allocation of purchase price (in millions): Increase (Decrease) in Goodwill Change in: Operating lease assets $ (9) Total liabilities 35 Total consideration (15) Total increase in goodwill $ 11 The purchase price allocation reflects preliminary fair value estimates based on management's analysis, including preliminary work performed by third-party valuation specialists. We will continue to obtain information to assist in determining the fair value of net assets acquired during the measurement period. The Firehouse Subs brand has been assigned an indefinite life and, therefore, will not be amortized, but rather tested annually for impairment. Goodwill attributable to the Firehouse Acquisition will be amortized and deductible for tax purposes. Goodwill is considered to represent the value associated with the workforce and synergies anticipated to be realized as a combined company. We have not yet allocated goodwill related to the Firehouse Acquisition to reporting units for goodwill impairment testing purposes. Goodwill will be allocated to reporting units when the purchase price allocation is finalized during the measurement period.

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Leases Property revenues consist primarily of lease income from operating leases and earned income on direct financing leases and sales-type leases with franchisees as follows (in millions): Three Months Ended 2022 2021 Lease income - operating leases Minimum lease payments $ 113 $ 113 Variable lease payments 73 66 Amortization of favorable and unfavorable income lease contracts, net — 1 Subtotal - lease income from operating leases 186 180 Earned income on direct financing and sales-type leases 2 2 Total property revenues $ 188 $ 182
Leases	Leases Property revenues consist primarily of lease income from operating leases and earned income on direct financing leases and sales-type leases with franchisees as follows (in millions): Three Months Ended 2022 2021 Lease income - operating leases Minimum lease payments $ 113 $ 113 Variable lease payments 73 66 Amortization of favorable and unfavorable income lease contracts, net — 1 Subtotal - lease income from operating leases 186 180 Earned income on direct financing and sales-type leases 2 2 Total property revenues $ 188 $ 182

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Contract Liabilities Contract liabilities consist of deferred revenue resulting from initial and renewal franchise fees paid by franchisees, as well as upfront fees paid by master franchisees, which are generally recognized on a straight-line basis over the term of the underlying agreement. We may recognize unamortized upfront fees when a contract with a franchisee or master franchisee is modified and is accounted for as a termination of the existing contract. We classify these contract liabilities as Other liabilities, net in our condensed consolidated balance sheets. The following table reflects the change in contract liabilities between December 31, 2021 and March 31, 2022 (in millions): Contract Liabilities TH BK PLK FHS Consolidated Balance at December 31, 2021 $ 65 $ 410 $ 56 $ — $ 531 Effect of business combination — — — 8 8 Recognized during period and included in the contract liability balance at the beginning of the year (2) (11) (2) — (15) Increase, excluding amounts recognized as revenue during the period 3 9 3 — 15 Impact of foreign currency translation — (4) — — (4) Balance at March 31, 2022 $ 66 $ 404 $ 57 $ 8 $ 535 The following table illustrates estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2022 (in millions): Contract liabilities expected to be recognized in TH BK PLK FHS Consolidated Remainder of 2022 $ 8 $ 26 $ 3 $ 1 $ 38 2023 10 33 4 2 49 2024 9 32 4 1 46 2025 8 32 4 1 45 2026 7 31 3 1 42 Thereafter 24 250 39 2 315 Total $ 66 $ 404 $ 57 $ 8 $ 535 Disaggregation of Total Revenues Total revenues consist of the following (in millions): Three Months Ended 2022 2021 Sales $ 609 $ 507 Royalties 403 346 Property revenues 188 182 Franchise fees and other revenue 24 20 Advertising revenues and other services 227 205 Total revenues $ 1,451 $ 1,260

Earnings per Unit

Earnings per Unit	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings per Unit	Earnings per Unit Partnership uses the two-class method in the computation of earnings per unit. Pursuant to the terms of the partnership agreement, RBI, as the holder of the Class A common units, is entitled to receive distributions from Partnership in an amount equal to the aggregate dividends payable by RBI to holders of RBI common shares, and the holders of Class B exchangeable limited partnership units (the “Partnership exchangeable units”) are entitled to receive distributions from Partnership in an amount per unit equal to the dividends payable by RBI on each RBI common share. Partnership’s net income available to common unitholders is allocated between the Class A common units and Partnership exchangeable units on a fully-distributed basis and reflects residual net income after noncontrolling interests. Basic and diluted earnings per Class A common unit is determined by dividing net income allocated to Class A common unit holders by the weighted average number of Class A common units outstanding for the period. Basic and diluted earnings per Partnership exchangeable unit is determined by dividing net income allocated to the Partnership exchangeable units by the weighted average number of Partnership exchangeable units outstanding during the period. There are no dilutive securities for Partnership as RBI equity awards will not affect the number of Class A common units or Partnership exchangeable units outstanding. However, the issuance of shares by RBI in future periods will affect the allocation of net income attributable to common unitholders between Partnership’s Class A common units and Partnership exchangeable units. The following table summarizes the basic and diluted earnings per unit calculations (in millions, except per unit amounts): Three Months Ended March 31, 2022 2021 Allocation of net income among partner interests: Net income allocated to Class A common unitholders $ 183 $ 179 Net income allocated to Partnership exchangeable unitholders 86 91 Net income attributable to common unitholders $ 269 $ 270 Denominator - basic and diluted partnership units: Weighted average Class A common units 202 202 Weighted average Partnership exchangeable units 145 155 Earnings per unit - basic and diluted: Class A common units (a) $ 0.91 $ 0.89 Partnership exchangeable units (a) $ 0.59 $ 0.59 (a) Earnings per unit may not recalculate exactly as it is calculated based on unrounded numbers.

Intangible Assets, net and Good

Intangible Assets, net and Goodwill	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, net and Goodwill	Intangible Assets, net and Goodwill Intangible assets, net and goodwill consist of the following (in millions): As of March 31, 2022 December 31, 2021 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Identifiable assets subject to amortization: Franchise agreements $ 718 $ (295) $ 423 $ 722 $ (290) $ 432 Favorable leases 101 (62) 39 104 (63) 41 Subtotal 819 (357) 462 826 (353) 473 Indefinite-lived intangible assets: Tim Hortons brand $ 6,757 $ — $ 6,757 $ 6,695 $ — $ 6,695 Burger King brand 2,109 — 2,109 2,126 — 2,126 Popeyes brand 1,355 — 1,355 1,355 — 1,355 Firehouse Subs brand 768 — 768 768 — 768 Subtotal 10,989 — 10,989 10,944 — 10,944 Intangible assets, net $ 11,451 $ 11,417 Goodwill Tim Hortons segment $ 4,344 $ 4,306 Burger King segment 596 601 Popeyes segment 846 846 Firehouse Subs segment 264 253 Total $ 6,050 $ 6,006 Amortization expense on intangible assets totaled $10 million for the three months ended March 31, 2022 and 2021. The change in the brands and goodwill balances during the three months ended March 31, 2022 was due to the impact of foreign currency translation and the impact of adjustments to the preliminary allocation of consideration to the net tangible and intangible assets acquired in the Firehouse Acquisition.

Equity Method Investments

Equity Method Investments	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Equity Method Investments The aggregate carrying amount of our equity method investments was $181 million and $194 million as of March 31, 2022 and December 31, 2021, respectively, and is included as a component of Other assets, net in our accompanying condensed consolidated balance sheets. Except for the following equity method investments, no quoted market prices are available for our other equity method investments. The aggregate market value of our 15.5% equity interest in Carrols Restaurant Group, Inc. based on the quoted market price on March 31, 2022 was approximately $21 million. The aggregate market value of our 9.4% equity interest in BK Brasil Operação e Assessoria a Restaurantes S.A. based on the quoted market price on March 31, 2022 was approximately $41 million. We have evaluated recent declines in the market value of these equity method investments and concluded they are not other than temporary and as such no impairments have been recognized at March 31, 2022. We have equity interests in entities that own or franchise Tim Hortons, Burger King and Popeyes restaurants. Franchise and property revenues recognized from franchisees that are owned or franchised by entities in which we have an equity interest consist of the following (in millions): Three Months Ended March 31, 2022 2021 Revenues from affiliates: Royalties $ 88 $ 65 Advertising revenues and other services 16 13 Property revenues 7 8 Franchise fees and other revenue 4 4 Total $ 115 $ 90 At March 31, 2022 and December 31, 2021, we had $50 million and $48 million, respectively, of accounts receivable, net from our equity method investments which were recorded in Accounts and notes receivable, net in our condensed consolidated balance sheets. With respect to our TH business, the most significant equity method investment is our 50% joint venture interest with The Wendy’s Company (the “TIMWEN Partnership”), which jointly holds real estate underlying Canadian combination restaurants. Distributions received from this joint venture were $3 million during the three months ended March 31, 2022 and 2021. We recognized $4 million of rent expense associated with the TIMWEN Partnership during the three months ended March 31, 2022 and 2021.

Other Accrued Liabilities and O

Other Accrued Liabilities and Other Liabilities, net	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
Other Accrued Liabilities and Other Liabilities, net	Other Accrued Liabilities and Other Liabilities, net Other accrued liabilities (current) and Other liabilities, net (noncurrent) consist of the following (in millions): As of March 31, December 31, Current: Distribution payable $ 244 $ 241 Interest payable 89 63 Accrued compensation and benefits 46 99 Taxes payable 127 106 Deferred income 45 48 Accrued advertising expenses 37 43 Restructuring and other provisions 91 90 Current portion of operating lease liabilities 144 140 Other 94 117 Other accrued liabilities $ 917 $ 947 Noncurrent: Taxes payable $ 543 $ 533 Contract liabilities 535 531 Derivatives liabilities 422 575 Unfavorable leases 62 65 Accrued pension 48 47 Deferred income 47 37 Other 32 34 Other liabilities, net $ 1,689 $ 1,822

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consists of the following (in millions): As of March 31, December 31, Term Loan B $ 5,230 $ 5,243 Term Loan A 1,250 1,250 3.875% First Lien Senior Notes due 2028 1,550 1,550 3.50% First Lien Senior Notes due 2029 750 750 5.75% First Lien Senior Notes due 2025 500 500 4.375% Second Lien Senior Notes due 2028 750 750 4.00% Second Lien Senior Notes due 2030 2,900 2,900 TH Facility and other 175 173 Less: unamortized deferred financing costs and deferred issue discount (131) (138) Total debt, net 12,974 12,978 Less: current maturities of debt (71) (62) Total long-term debt $ 12,903 $ 12,916 Revolving Credit Facility As of March 31, 2022, we had no amounts outstanding under our senior secured revolving credit facility (the “Revolving Credit Facility”), had $2 million of letters of credit issued against the Revolving Credit Facility, and our borrowing availability under our Revolving Credit Facility was $998 million. Funds available under the Revolving Credit Facility may be used to repay other debt, finance debt or RBI share repurchases or repurchases of Class B exchangeable limited partnership units, fund acquisitions or capital expenditures and for other general corporate purposes. We have a $125 million letter of credit sublimit as part of the Revolving Credit Facility, which reduces our borrowing availability thereunder by the cumulative amount of outstanding letters of credit. TH Facility One of our subsidiaries entered into a non-revolving delayed drawdown term credit facility in a total aggregate principal amount of C$225 million with a maturity date of October 4, 2025 (the “TH Facility”). The interest rate applicable to the TH Facility is the Canadian Bankers’ Acceptance rate plus an applicable margin equal to 1.40% or the Prime Rate plus an applicable margin equal to 0.40%, at our option. Obligations under the TH Facility are guaranteed by four of our subsidiaries, and amounts borrowed under the TH Facility are secured by certain parcels of real estate. As of March 31, 2022, we had outstanding C$214 million under the TH Facility with a weighted average interest rate of 2.33%. RE Facility One of our subsidiaries entered into a non-revolving delayed drawdown term credit facility in a total aggregate principal amount of $50 million with a maturity date of October 12, 2028 (the “RE Facility”). The interest rate applicable to the RE Facility is, at our option, either (i) a base rate, subject to a floor of 0.50%, plus an applicable margin of 0.50% or (ii) Adjusted Term SOFR (Adjusted Term SOFR is calculated as Term SOFR plus a margin based on duration), subject to a floor of 0.00%, plus an applicable margin of 1.50%. Obligations under the RE Facility are guaranteed by four of our subsidiaries, and amounts borrowed under the RE Facility are secured by certain parcels of real estate. As of March 31, 2022, we had approximately $1 million outstanding under the RE Facility with a weighted average interest rate of 1.77%. Restrictions and Covenants As of March 31, 2022, we were in compliance with all applicable financial debt covenants under our senior secured term loan facilities and Revolving Credit Facility (together the "Credit Facilities"), the TH Facility, the RE Facility, and the indentures governing our Senior Notes. Fair Value Measurement The following table presents the fair value of our variable rate term debt and senior notes, estimated using inputs based on bid and offer prices that are Level 2 inputs, and principal carrying amount (in millions): As of March 31, December 31, Fair value of our variable term debt and senior notes $ 12,370 $ 12,851 Principal carrying amount of our variable term debt and senior notes 12,930 12,943 Interest Expense, net Interest expense, net consists of the following (in millions): Three Months Ended March 31, 2022 2021 Debt (a) $ 115 $ 113 Finance lease obligations 5 5 Amortization of deferred financing costs and debt issuance discount 7 7 Interest income — (1) Interest expense, net $ 127 $ 124 (a) Amount includes $11 million and $12 million benefit during the three months ended March 31, 2022 and 2021, respectively, related to the quarterly net settlements of our cross-currency rate swaps and amortization of the Excluded Component as defined in Note 14, Derivatives .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesOur effective tax rate was 16.6% for the three months ended March 31, 2022. The effective tax rate during this period reflects the mix of income from multiple tax jurisdictions, the impact of internal financing arrangements and favorable structural changes. Our effective tax rate was 14.7% for the three months ended March 31, 2021. The effective tax rate during this period reflects the mix of income from multiple tax jurisdictions, the impact of internal financing arrangements and the excess tax benefits from equity-based compensation.

Equity

Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Equity	Equity During the three months ended March 31, 2022, Partnership exchanged 1,525,900 Partnership exchangeable units pursuant to exchange notices received. In accordance with the terms of the partnership agreement, Partnership satisfied the exchange notices by exchanging these Partnership exchangeable units for the same number of newly issued RBI common shares. The issuances of shares were accounted for as capital contributions by RBI to Partnership. The exchanges of Partnership exchangeable units were recorded as increases to the Class A common units balance within partners’ capital in our consolidated balance sheet in an amount equal to the market value of the newly issued RBI common shares and a reduction to the Partnership exchangeable units balance within partners’ capital of our consolidated balance sheet in an amount equal to the cash paid by Partnership, if any, and the market value of the newly issued RBI common shares. Pursuant to the terms of the partnership agreement, upon the exchange of Partnership exchangeable units, each such Partnership exchangeable unit is automatically deemed cancelled concurrently with the exchange. Distribution to RBI to Repurchase RBI Common Shares During the three months ended March 31, 2022, Partnership distributed to RBI $161 million to repurchase RBI common shares. Accumulated Other Comprehensive Income (Loss) The following table displays the changes in the components of accumulated other comprehensive income (loss) (“AOCI”) (in millions): Derivatives Pensions Foreign Currency Translation Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2021 $ 196 $ (30) $ (1,190) $ (1,024) Foreign currency translation adjustment — — 57 57 Net change in fair value of derivatives, net of tax 126 — — 126 Amounts reclassified to earnings of cash flow hedges, net of tax 21 — — 21 Gain (loss) recognized on other, net of tax — 1 — 1 Balance at March 31, 2022 $ 343 $ (29) $ (1,133) $ (819)

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments Disclosures about Derivative Instruments and Hedging Activities We enter into derivative instruments for risk management purposes, including derivatives designated as cash flow hedges, derivatives designated as net investment hedges and those utilized as economic hedges. We use derivatives to manage our exposure to fluctuations in interest rates and currency exchange rates. Interest Rate Swaps At March 31, 2022, we had outstanding receive-variable, pay-fixed interest rate swaps with a total notional value of $3,500 million to hedge the variability in the interest payments on a portion of our senior secured term loan facilities (the “Term Loan Facilities”), including any subsequent refinancing or replacement of the Term Loan Facilities, beginning August 31, 2021 through the termination date of October 31, 2028. Additionally, at March 31, 2022, we also had outstanding receive-variable, pay-fixed interest rate swaps with a total notional value of $500 million to hedge the variability in the interest payments on a portion of our Term Loan Facilities effective September 30, 2019 through the termination date of September 30, 2026. At inception, all of these interest rate swaps were designated as cash flow hedges for hedge accounting. The unrealized changes in market value are recorded in AOCI and reclassified into interest expense during the period in which the hedged forecasted transaction affects earnings. During 2021, we extended the maturity of our $3,500 million receive-variable, pay-fixed interest rate swaps. The extension of the term resulted in a de-designation and re-designation of the interest rate swaps and the swaps continue to be accounted for as a cash flow hedge for hedge accounting. In connection with the de-designation, we recognized a net unrealized loss of $143 million in AOCI and this amount gets reclassified into Interest expense, net as the original forecasted transaction affects earnings. The amount of pre-tax losses in connection with this net unrealized loss in AOCI as of March 31, 2022 that we expect to be reclassified into interest expense within the next 12 months is $28 million. We had previously extended the term of our $3,500 million receive-variable, pay-fixed interest rate swaps in 2019. The extension of the term resulted in a de-designation and re-designation of the interest rate swaps and the swaps continue to be accounted for as a cash flow hedge for hedge accounting. In connection with the de-designation, we recognized a net unrealized loss of $213 million in AOCI and this amount gets reclassified into Interest expense, net as the original forecasted transaction affects earnings. The amount of pre-tax losses in connection with this net unrealized loss in AOCI as of March 31, 2022 that we expect to be reclassified into interest expense within the next 12 months is $50 million. Cross-Currency Rate Swaps To protect the value of our investments in our foreign operations against adverse changes in foreign currency exchange rates, we hedge a portion of our net investment in one or more of our foreign subsidiaries by using cross-currency rate swaps. At March 31, 2022, we had outstanding cross-currency rate swap contracts between the Canadian dollar and U.S. dollar and the Euro and U.S. dollar that have been designated as net investment hedges of a portion of our equity in foreign operations in those currencies. The component of the gains and losses on our net investment in these designated foreign operations driven by changes in foreign exchange rates are economically partly offset by movements in the fair value of our cross-currency swap contracts. The fair value of the swaps is calculated each period with changes in fair value reported in AOCI, net of tax. Such amounts will remain in AOCI until the complete or substantially complete liquidation of our investment in the underlying foreign operations. At March 31, 2022, we had outstanding fixed-to-fixed cross-currency rate swaps to partially hedge the net investment in our Canadian subsidiaries. At inception, these cross-currency rate swaps were designated as a hedge and are accounted for as net investment hedges. These swaps are contracts to exchange quarterly fixed-rate interest payments we make on the Canadian dollar notional amount of C$6,754 million for quarterly fixed-rate interest payments we receive on the U.S. dollar notional amount of $5,000 million through the maturity date of June 30, 2023. At March 31, 2022, we had outstanding cross-currency rate swaps in which we pay quarterly fixed-rate interest payments on the Euro notional value of €1,108 million and receive quarterly fixed-rate interest payments on the U.S. dollar notional value of $1,200 million. At inception, these cross-currency rate swaps were designated as a hedge and are accounted for as a net investment hedge. During 2018, we extended the term of the swaps from March 31, 2021 to the maturity date of February 17, 2024. The extension of the term resulted in a re-designation of the hedge and the swaps continue to be accounted for as a net investment hedge. Additionally, at March 31, 2022, we also had outstanding cross-currency rate swaps in which we receive quarterly fixed-rate interest payments on the U.S. dollar notional value of $400 million, entered during 2018, and $500 million, entered during 2019, through the maturity date of February 17, 2024 and $150 million, entered during 2021, through the maturity date of October 31, 2028. At inception, these cross-currency rate swaps were designated as a hedge and are accounted for as a net investment hedge. The fixed-to-fixed cross-currency rate swaps hedging Canadian dollar and Euro net investments utilized the forward method of effectiveness assessment prior to March 15, 2018. On March 15, 2018, we de-designated and subsequently re-designated the outstanding fixed to fixed cross-currency rate swaps to prospectively use the spot method of hedge effectiveness assessment. Additionally, as a result of adopting new hedge accounting guidance during 2018, we elected to exclude the interest component (the “Excluded Component”) from the accounting hedge without affecting net investment hedge accounting and elected to amortize the Excluded Component over the life of the derivative instrument. The amortization of the Excluded Component is recognized in Interest expense, net in the condensed consolidated statement of operations. The change in fair value that is not related to the Excluded Component is recorded in AOCI and will be reclassified to earnings when the foreign subsidiaries are sold or substantially liquidated. Foreign Currency Exchange Contracts We use foreign exchange derivative instruments to manage the impact of foreign exchange fluctuations on U.S. dollar purchases and payments, such as coffee purchases made by our Canadian Tim Hortons operations. At March 31, 2022, we had outstanding forward currency contracts to manage this risk in which we sell Canadian dollars and buy U.S. dollars with a notional value of $203 million with maturities to May 2023. We have designated these instruments as cash flow hedges, and as such, the unrealized changes in market value of effective hedges are recorded in AOCI and are reclassified into earnings during the period in which the hedged forecasted transaction affects earnings. Credit Risk By entering into derivative contracts, we are exposed to counterparty credit risk. Counterparty credit risk is the failure of the counterparty to perform under the terms of the derivative contract. When the fair value of a derivative contract is in an asset position, the counterparty has a liability to us, which creates credit risk for us. We attempt to minimize this risk by selecting counterparties with investment grade credit ratings and regularly monitoring our market position with each counterparty. Credit-Risk Related Contingent Features Our derivative instruments do not contain any credit-risk related contingent features. Quantitative Disclosures about Derivative Instruments and Fair Value Measurements The following tables present the required quantitative disclosures for our derivative instruments, including their estimated fair values (all estimated using Level 2 inputs) and their location on our condensed consolidated balance sheets (in millions): Gain or (Loss) Recognized in Other Comprehensive Income (Loss) Three Months Ended March 31, 2022 2021 Derivatives designated as cash flow hedges (1) Interest rate swaps $ 223 $ 129 Forward-currency contracts $ (2) $ (1) Derivatives designated as net investment hedges Cross-currency rate swaps $ (60) $ 9 (1) We did not exclude any components from the cash flow hedge relationships presented in this table. Location of Gain or (Loss) Reclassified from AOCI into Earnings Gain or (Loss) Reclassified from Three Months Ended March 31, 2022 2021 Derivatives designated as cash flow hedges Interest rate swaps Interest expense, net $ (29) $ (30) Forward-currency contracts Cost of sales $ 1 $ (2) Location of Gain or (Loss) Recognized in Earnings Gain or (Loss) Recognized in Earnings Three Months Ended March 31, 2022 2021 Derivatives designated as net investment hedges Cross-currency rate swaps Interest expense, net $ 11 $ 12 Fair Value as of March 31, December 31, 2021 Balance Sheet Location Assets: Derivatives designated as cash flow hedges Interest rate $ 20 $ — Other assets, net Foreign currency 1 2 Prepaids and other current assets Derivatives designated as net investment hedges Foreign currency 27 23 Other assets, net Total assets at fair value $ 48 $ 25 Liabilities: Derivatives designated as cash flow hedges Interest rate $ 4 $ 220 Other liabilities, net Foreign currency 2 — Other accrued liabilities Derivatives designated as net investment hedges Foreign currency 418 355 Other liabilities, net Total liabilities at fair value $ 424 $ 575

Other Operating Expenses (Incom

Other Operating Expenses (Income), net	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Other Operating Expenses (Income), net	Other Operating Expenses (Income), net Other operating expenses (income), net consist of the following (in millions): Three Months Ended March 31, 2022 2021 Net losses (gains) on disposal of assets, restaurant closures, and refranchisings $ 2 $ (2) Litigation settlements (gains) and reserves, net 1 2 Net losses (gains) on foreign exchange (21) (43) Other, net 2 1 Other operating expenses (income), net $ (16) $ (42) Net losses (gains) on disposal of assets, restaurant closures, and refranchisings represent sales of properties and other costs related to restaurant closures and refranchisings. Gains and losses recognized in the current period may reflect certain costs related to closures and refranchisings that occurred in previous periods. Net losses (gains) on foreign exchange is primarily related to revaluation of foreign denominated assets and liabilities.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation From time to time, we are involved in legal proceedings arising in the ordinary course of business relating to matters including, but not limited to, disputes with franchisees, suppliers, employees and customers, as well as disputes over our intellectual property. On October 5, 2018, a class action complaint was filed against Burger King Worldwide, Inc. (“BKW”) and Burger King Corporation (“BKC”) in the U.S. District Court for the Southern District of Florida by Jarvis Arrington, individually and on behalf of all others similarly situated. On October 18, 2018, a second class action complaint was filed against RBI, BKW and BKC in the U.S. District Court for the Southern District of Florida by Monique Michel, individually and on behalf of all others similarly situated. On October 31, 2018, a third class action complaint was filed against BKC and BKW in the U.S. District Court for the Southern District of Florida by Geneva Blanchard and Tiffany Miller, individually and on behalf of all others similarly situated. On November 2, 2018, a fourth class action complaint was filed against RBI, BKW and BKC in the U.S. District Court for the Southern District of Florida by Sandra Muster, individually and on behalf of all others similarly situated. These complaints have been consolidated and allege that the defendants violated Section 1 of the Sherman Act by incorporating an employee no-solicitation and no-hiring clause in the standard form franchise agreement all Burger King franchisees are required to sign. Each plaintiff seeks injunctive relief and damages for himself or herself and other members of the class. On March 24, 2020, the Court granted BKC’s motion to dismiss for failure to state a claim and on April 20, 2020 the plaintiffs filed a motion for leave to amend their complaint. On April 27, 2020, BKC filed a motion opposing the motion for leave to amend. The court denied the plaintiffs motion for leave to amend their complaint in August 2020 and the plaintiffs appealed this ruling. Oral arguments for the appeal were heard in September 2021 and the parties await a ruling on the appeal. While we currently believe these claims are without merit, we are unable to predict the ultimate outcome of this case or estimate the range of possible loss, if any. On June 30, 2020, a class action complaint was filed against Restaurant Brands International Inc., Restaurant Brands International Limited Partnership and The TDL Group Corp. in the Quebec Superior Court by Steve Holcman, individually and on behalf of all Quebec residents who downloaded the Tim Hortons mobile application. On July 2, 2020, a Notice of Action related to a second class action complaint was filed against Restaurant Brands International Inc., in the Ontario Superior Court by Ashley Sitko and Ashley Cadeau, individually and on behalf of all Canadian residents who downloaded the Tim Hortons mobile application. On August 31, 2020, a notice of claim was filed against Restaurant Brands International Inc. in the Supreme Court of British Columbia by Wai Lam Jacky Law on behalf of all persons in Canada who downloaded the Tim Hortons mobile application or the Burger King mobile application. On September 30, 2020, a notice of action was filed against Restaurant Brands International Inc., Restaurant Brands International Limited Partnership, The TDL Group Corp., Burger King Worldwide, Inc. and Popeyes Louisiana Kitchen, Inc. in the Ontario Superior Court of Justice by William Jung on behalf of a to be determined class. All of the complaints allege that the defendants violated the plaintiff’s privacy rights, the Personal Information Protection and Electronic Documents Act, consumer protection and competition laws or app-based undertakings to users, in each case in connection with the collection of geolocation data through the Tim Hortons mobile application, and in certain cases, the Burger King and Popeyes mobile applications. Each plaintiff seeks injunctive relief and monetary damages for himself or herself and other members of the class. These cases are in preliminary stages and we intend to vigorously defend against these lawsuits, but we are unable to predict the ultimate outcome of any of these cases or estimate the range of possible loss, if any. On October 26, 2020, City of Warwick Municipal Employees Pension Fund, a purported stockholder of Restaurant Brands International Inc., individually and putatively on behalf of all other stockholders similarly situated, filed a lawsuit in the Supreme Court of the State of New York County of New York naming RBI and certain of its officers, directors and shareholders as defendants alleging violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933, as amended, in connection with certain offerings of securities by an affiliate in August and September 2019. The complaint alleges that the shelf registration statement used in connection with such offering contained certain false and/or misleading statements or omissions. The complaint seeks, among other relief, class certification of the lawsuit, unspecified compensatory damages, rescission, pre-judgement and post-judgement interest, costs and expenses. On December 18, 2020 the plaintiffs filed an amended complaint and on February 16, 2021 RBI filed a motion to dismiss the complaint. The plaintiffs filed a brief in opposition to the motion on April 19, 2021 and RBI filed a reply in May 2021. The motion to dismiss was heard in April 2022 and the motion to dismiss was denied in May 2022. We intend to vigorously defend. While we believe these claims are without merit, we are unable to predict the ultimate outcome of this case or estimate the range of possible loss, if any. In April 2022, Burger King Corporation was served with two separate purported class action complaints relating to per- and polyfluoralkly (“PFAS”) in packaging. Hussain vs. Burger King Corporation was filed on April 13, 2022 in the U.S. District Court for the Northern District of California, and Cooper v. Burger King Corporation was filed on April 14, 2022 in the U.S. District Court for the Southern District of Florida. Both complaints allege that certain food products sold by Burger King Corporation are not safe for human consumption due to the packaging containing allegedly unsafe PFAS and that consumers were misled by the labelling, marketing and packaging claims asserted by Burger King Corporation regarding the safety and sustainability of the packaging and are seeking compensatory, statutory and punitive damages, injunctive relief, corrective action, and attorneys’ fees. While we currently believe these claims are without merit, we are unable to predict the ultimate outcome of these cases or estimate the range of possible loss, if any. Other Disputes

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting As stated in Note 1, Description of Business and Organization , we manage four brands. Under the Tim Hortons brand, we operate in the donut/coffee/tea category of the quick service segment of the restaurant industry. Under the Burger King brand, we operate in the fast food hamburger restaurant category of the quick service segment of the restaurant industry. Under the Popeyes brand, we operate in the chicken category of the quick service segment of the restaurant industry. Under the Firehouse Subs brand, we operate in the specialty subs category of the quick service segment of the restaurant industry. Our business generates revenue from the following sources: (i) franchise and advertising revenues and other services, consisting primarily of royalties and advertising fund contributions based on a percentage of sales reported by franchise restaurants and franchise fees paid by franchisees; (ii) property revenues from properties we lease or sublease to franchisees; and (iii) sales at restaurants owned by us (“Company restaurants”). In addition, our TH business generates revenue from sales to franchisees related to our supply chain operations, including manufacturing, procurement, warehousing and distribution, as well as sales to retailers. We manage each of our brands as an operating segment and each operating segment represents a reportable segment. The following tables present revenues, by segment and by country (in millions): Three Months Ended 2022 2021 Revenues by operating segment: TH $ 829 $ 710 BK 443 407 PLK 148 143 FHS 31 — Total revenues $ 1,451 $ 1,260 Three Months Ended 2022 2021 Revenues by country (a): Canada $ 747 $ 638 United States 521 478 Other 183 144 Total revenues $ 1,451 $ 1,260 (a) Only Canada and the United States represented 10% or more of our total revenues in each period presented. Our measure of segment income is Adjusted EBITDA. Adjusted EBITDA represents earnings (net income or loss) before interest expense, net, loss on early extinguishment of debt, income tax (benefit) expense, and depreciation and amortization, adjusted to exclude (i) the non-cash impact of share-based compensation and non-cash incentive compensation expense, (ii) (income) loss from equity method investments, net of cash distributions received from equity method investments, (iii) other operating expenses (income), net and, (iv) income/expenses from non-recurring projects and non-operating activities. For the periods referenced, income/expenses from non-recurring projects and non-operating activities included (i) non-recurring fees and expense incurred in connection with the Firehouse Acquisition consisting of professional fees, compensation related expenses and integration costs (“FHS Transaction costs”); and (ii) costs from professional advisory and consulting services associated with certain transformational corporate restructuring initiatives that rationalize our structure and optimize cash movements, including services related to significant tax reform legislation, regulations and related restructuring initiatives (“Corporate restructuring and tax advisory fees”). Adjusted EBITDA is used by management to measure operating performance of the business, excluding these non-cash and other specifically identified items that management believes are not relevant to management’s assessment of our operating performance. A reconciliation of segment income to net income consists of the following (in millions): Three Months Ended 2022 2021 Segment income: TH $ 231 $ 207 BK 229 217 PLK 56 56 FHS 14 — Adjusted EBITDA 530 480 Share-based compensation and non-cash incentive compensation expense 27 26 FHS Transaction costs 1 — Corporate restructuring and tax advisory fees 3 1 Impact of equity method investments (a) 16 4 Other operating expenses (income), net (16) (42) EBITDA 499 491 Depreciation and amortization 49 49 Income from operations 450 442 Interest expense, net 127 124 Income tax expense 53 47 Net income $ 270 $ 271 (a) Represents (i) (income) loss from equity method investments and (ii) cash distributions received from our equity method investments. Cash distributions received from our equity method investments are included in segment income.

Supplemental Financial Informat

Supplemental Financial Information	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Financial Information	Supplemental Financial Information 1011778 B.C. Unlimited Liability Company (the “Parent Issuer”) and New Red Finance Inc. (the “Co-Issuer” and together with the Parent Issuer, the “Issuers”) entered into an amended credit agreement, as amended from time to time, that provides for obligations under the Credit Facilities. The Issuers entered into the 3.875% First Lien Senior Notes Indenture with respect to the 3.875% First Lien Senior Notes due 2028. The Issuers entered into the 5.750% First Lien Senior Notes Indenture with respect to the 5.750% First Lien Senior Notes due 2025. The Issuers entered into the 3.500% First Lien Senior Notes Indenture with respect to the 3.500% First Lien Senior Notes due 2029. The Issuers entered into the 4.375% Second Lien Senior Notes Indenture with respect to the 4.375% Second Lien Senior Notes due 2028. The Issuers entered into the 4.000% Second Lien Senior Notes Indenture with respect to the 4.000% Second Lien Senior Notes due 2030. The agreement governing our Credit Facilities, the 3.875% First Lien Senior Notes Indenture, the 3.500% First Lien Senior Notes Indenture, the 5.750% First Lien Senior Notes Indenture, the 4.375% Second Lien Senior Notes Indenture and the 4.000% Second Lien Senior Notes Indenture allow the financial reporting obligation of the Parent Issuer to be satisfied through the reporting of Partnership’s consolidated financial information, provided that the consolidated financial information of the Parent Issuer and its restricted subsidiaries is presented on a standalone basis. The following represents the condensed consolidating financial information for the Parent Issuer and its restricted subsidiaries (“Consolidated Borrowers”) on a consolidated basis, together with eliminations, as of and for the periods indicated. The condensed consolidating financial information of Partnership is combined with the financial information of its wholly-owned subsidiaries that are also parent entities of the Parent Issuer and presented in a single column under the heading “RBILP”. The consolidating financial information may not necessarily be indicative of the financial position, results of operations or cash flows had the Issuers and Partnership operated as independent entities. RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Balance Sheets (In millions of U.S. dollars) As of March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 895 $ — $ — $ 895 Accounts and notes receivable, net 593 — — 593 Inventories, net 108 — — 108 Prepaids and other current assets 90 — — 90 Total current assets 1,686 — — 1,686 Property and equipment, net 2,023 — — 2,023 Operating lease assets, net 1,137 — — 1,137 Intangible assets, net 11,451 — — 11,451 Goodwill 6,050 — — 6,050 Net investment in property leased to franchisees 82 — — 82 Intercompany receivable — 244 (244) — Investment in subsidiaries — 3,961 (3,961) — Other assets, net 743 — — 743 Total assets $ 23,172 $ 4,205 $ (4,205) $ 23,172 LIABILITIES AND EQUITY Current liabilities: Accounts and drafts payable $ 637 $ — $ — $ 637 Other accrued liabilities 673 244 — 917 Gift card liability 169 — — 169 Current portion of long-term debt and finance leases 105 — — 105 Total current liabilities 1,584 244 — 1,828 Long-term debt, net of current portion 12,903 — — 12,903 Finance leases, net of current portion 337 — — 337 Operating lease liabilities, net of current portion 1,074 — — 1,074 Other liabilities, net 1,689 — — 1,689 Payables to affiliates 244 — (244) — Deferred income taxes, net 1,380 — — 1,380 Total liabilities 19,211 244 (244) 19,211 Partners’ capital: Class A common units — 8,400 — 8,400 Partnership exchangeable units — (3,623) — (3,623) Common shares 2,514 — (2,514) — Retained earnings 2,263 — (2,263) — Accumulated other comprehensive income (loss) (819) (819) 819 (819) Total Partners' capital/shareholders' equity 3,958 3,958 (3,958) 3,958 Noncontrolling interests 3 3 (3) 3 Total equity 3,961 3,961 (3,961) 3,961 Total liabilities and equity $ 23,172 $ 4,205 $ (4,205) $ 23,172 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Balance Sheets (In millions of U.S. dollars) As of December 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 1,087 $ — $ — $ 1,087 Accounts and notes receivable, net 547 — — 547 Inventories, net 96 — — 96 Prepaids and other current assets 86 — — 86 Total current assets 1,816 — — 1,816 Property and equipment, net 2,035 — — 2,035 Operating lease assets. net 1,130 — — 1,130 Intangible assets, net 11,417 — — 11,417 Goodwill 6,006 — — 6,006 Net investment in property leased to franchisees 80 — — 80 Intercompany receivable — 241 (241) — Investment in subsidiaries — 3,853 (3,853) — Other assets, net 762 — — 762 Total assets $ 23,246 $ 4,094 $ (4,094) $ 23,246 LIABILITIES AND EQUITY Current liabilities: Accounts and drafts payable $ 614 $ — $ — $ 614 Other accrued liabilities 706 241 — 947 Gift card liability 221 — — 221 Current portion of long-term debt and finance leases 96 — — 96 Total current liabilities 1,637 241 — 1,878 Long-term debt, net of current portion 12,916 — — 12,916 Finance leases, net of current portion 333 — — 333 Operating lease liabilities, net of current portion 1,070 — — 1,070 Other liabilities, net 1,822 — — 1,822 Payables to affiliates 241 — (241) — Deferred income taxes, net 1,374 — — 1,374 Total liabilities 19,393 241 (241) 19,393 Partners’ capital: Class A common units — 8,421 — 8,421 Partnership exchangeable units — (3,547) — (3,547) Common shares 2,635 — (2,635) — Retained earnings 2,239 — (2,239) — Accumulated other comprehensive income (loss) (1,024) (1,024) 1,024 (1,024) Total Partners' capital/shareholders' equity 3,850 3,850 (3,850) 3,850 Noncontrolling interests 3 3 (3) 3 Total equity 3,853 3,853 (3,853) 3,853 Total liabilities and equity $ 23,246 $ 4,094 $ (4,094) $ 23,246 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Operations (In millions of U.S. dollars) Three Months Ended March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated Revenues: Sales $ 609 $ — $ — $ 609 Franchise and property revenues 615 — — 615 Advertising revenues and other services 227 — — 227 Total revenues 1,451 — — 1,451 Operating costs and expenses: Cost of sales 494 — — 494 Franchise and property expenses 130 — — 130 Advertising expenses and other services 247 — — 247 General and administrative expenses 133 — — 133 (Income) loss from equity method investments 13 — — 13 Other operating expenses (income), net (16) — — (16) Total operating costs and expenses 1,001 — — 1,001 Income from operations 450 — — 450 Interest expense, net 127 — — 127 Income before income taxes 323 — — 323 Income tax expense 53 — — 53 Net income 270 — — 270 Equity in earnings of consolidated subsidiaries — 270 (270) — Net income (loss) 270 270 (270) 270 Net income (loss) attributable to noncontrolling interests 1 1 (1) 1 Net income (loss) attributable to common unitholders $ 269 $ 269 $ (269) $ 269 Comprehensive income (loss) $ 475 $ 475 $ (475) $ 475 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Operations (In millions of U.S. dollars) Three Months Ended March 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated Revenues: Sales $ 507 $ — $ — $ 507 Franchise and property revenues 548 — — 548 Advertising revenues and other services 205 — — 205 Total revenues 1,260 — — 1,260 Operating costs and expenses: Cost of sales 401 — — 401 Franchise and property expenses 116 — — 116 Advertising expenses and other services 237 — — 237 General and administrative expenses 104 — — 104 (Income) loss from equity method investments 2 — — 2 Other operating expenses (income), net (42) — — (42) Total operating costs and expenses 818 — — 818 Income from operations 442 — — 442 Interest expense, net 124 — — 124 Income before income taxes 318 — — 318 Income tax expense 47 — — 47 Net income 271 — — 271 Equity in earnings of consolidated subsidiaries — 271 (271) — Net income (loss) 271 271 (271) 271 Net income (loss) attributable to noncontrolling interests 1 1 (1) 1 Net income (loss) attributable to common unitholders $ 270 $ 270 $ (270) $ 270 Comprehensive income (loss) $ 474 $ 474 $ (474) $ 474 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Cash Flows (In millions of U.S. dollars) Three months ended March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated Cash flows from operating activities: Net income $ 270 $ 270 $ (270) $ 270 Adjustments to reconcile net income to net cash provided by operating activities: Equity in loss (earnings) of consolidated subsidiaries — (270) 270 — Depreciation and amortization 49 — — 49 Amortization of deferred financing costs and debt issuance discount 7 — — 7 (Income) loss from equity method investments 13 — — 13 (Gain) loss on remeasurement of foreign denominated transactions (21) — — (21) Net (gains) losses on derivatives 18 — — 18 Share-based compensation and non-cash incentive compensation expense 27 — — 27 Deferred income taxes (16) — — (16) Other 9 — — 9 Changes in current assets and liabilities, excluding acquisitions and dispositions: Accounts and notes receivable (46) — — (46) Inventories and prepaids and other current assets (22) — — (22) Accounts and drafts payable 18 — — 18 Other accrued liabilities and gift card liability (91) — — (91) Tenant inducements paid to franchisees (2) — — (2) Other long-term assets and liabilities 21 — — 21 Net cash provided by operating activities 234 — — 234 Cash flows from investing activities: Payments for property and equipment (10) — — (10) Net proceeds from disposal of assets, restaurant closures, and refranchisings 4 — — 4 Settlement/sale of derivatives, net 3 — — 3 Other investing activities, net 4 — — 4 Net cash (used for) provided by investing activities 1 — — 1 Cash flows from financing activities: Proceeds from revolving line of credit and long-term debt 1 — — 1 Repayments of long-term debt and finance leases (21) — — (21) Distributions on Class A common and Partnership exchangeable units — (241) — (241) Distribution to RBI for repurchase of RBI common shares — (161) — (161) Capital contribution from RBI 3 — — 3 Distributions from subsidiaries (402) 402 — — (Payments) proceeds from derivatives (6) — — (6) Other financing activities, net (1) — — (1) Net cash (used for) provided by financing activities (426) — — (426) Effect of exchange rates on cash and cash equivalents (1) — — (1) Increase (decrease) in cash and cash equivalents (192) — — (192) Cash and cash equivalents at beginning of period 1,087 — — 1,087 Cash and cash equivalents at end of period $ 895 $ — $ — $ 895 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Cash Flows (In millions of U.S. dollars) Three Months Ended March 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated Cash flows from operating activities: Net income $ 271 $ 271 $ (271) $ 271 Adjustments to reconcile net income to net cash provided by operating activities: Equity in loss (earnings) of consolidated subsidiaries — (271) 271 — Depreciation and amortization 49 — — 49 Amortization of deferred financing costs and debt issuance discount 7 — — 7 (Income) loss from equity method investments 2 — — 2 (Gain) loss on remeasurement of foreign denominated transactions (43) — — (43) Net (gains) losses on derivatives 20 — — 20 Share-based compensation and non-cash incentive compensation expense 26 — — 26 Deferred income taxes 14 — — 14 Other (8) — — (8) Changes in current assets and liabilities, excluding acquisitions and dispositions: Accounts and notes receivable 24 — — 24 Inventories and prepaids and other current assets (4) — — (4) Accounts and drafts payable 19 — — 19 Other accrued liabilities and gift card liability (117) — — (117) Other long-term assets and liabilities 6 — — 6 Net cash provided by operating activities 266 — — 266 Cash flows from investing activities: Payments for property and equipment (15) — — (15) Net proceeds from disposal of assets, restaurant closures, and refranchisings 11 — — 11 Settlement/sale of derivatives, net 2 — — 2 Other investing activities, net (5) — — (5) Net cash (used for) provided by investing activities (7) — — (7) Cash flows from financing activities: Repayments of revolving line of credit, long-term debt and finance leases (27) — — (27) Distributions on Class A common and Partnership exchangeable units — (239) — (239) Capital contribution from RBI 20 — — 20 Distributions from subsidiaries (239) 239 — — (Payments) proceeds from derivatives (16) — — (16) Other financing activities, net 1 — — 1 Net cash (used for) provided by financing activities (261) — — (261) Effect of exchange rates on cash and cash equivalents 5 — — 5 Increase (decrease) in cash and cash equivalents 3 — — 3 Cash and cash equivalents at beginning of period 1,560 — — 1,560 Cash and cash equivalents at end of period $ 1,563 $ — $ — $ 1,563

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Cash Distributions/Dividends On April 6, 2022, RBI paid a cash dividend of $0.54 per RBI common share to common shareholders of record on March 23, 2022. Partnership made a distribution to RBI as holder of Class A common units in the amount of the aggregate dividends declared and paid by RBI on RBI common shares and also made a distribution in respect of each Partnership exchangeable unit in the amount of $0.54 per exchangeable unit to holders of record on March 23, 2022.

Basis of Presentation and Con_2

Basis of Presentation and Consolidation (Policies)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	We have prepared the accompanying unaudited condensed consolidated financial statements (the “Financial Statements”) in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements. Therefore, the Financial Statements should be read in conjunction with the audited consolidated financial statements contained in our Annual Report on Form 10-K filed with the SEC and Canadian securities regulatory authorities on February 23, 2022.
Consolidation, Variable Interest Entity	We also consider for consolidation entities in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our maximum exposure to loss resulting from involvement with VIEs is attributable to accounts and notes receivable balances, outstanding loan guarantees and future lease payments, where applicable. As our franchise and master franchise arrangements provide the franchise and master franchise entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might be a VIE.
Use of Estimates	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. 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.
New Accounting Pronouncements	New Accounting Pronouncements Accounting Relief for the Transition Away from LIBOR and Certain other Reference Rates – In March 2020 and as clarified in January 2021, the Financial Accounting Standards Board (“FASB”) issued guidance which provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. This amendment is effective as of March 12, 2020 through December 31, 2022. The expedients and exceptions provided by this new guidance do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationships. During the third quarter of 2021, we adopted certain of the expedients as it relates to hedge accounting as certain of our debt agreements and hedging relationships bear interest at variable rates, primarily U.S. dollar LIBOR. The adoption of and future elections under this new guidance did not and are not expected to have a material impact on our Financial Statements. We will continue to monitor the discontinuance of LIBOR on our debt agreements and hedging relationships.
Contract Liabilities	Contract LiabilitiesContract liabilities consist of deferred revenue resulting from initial and renewal franchise fees paid by franchisees, as well as upfront fees paid by master franchisees, which are generally recognized on a straight-line basis over the term of the underlying agreement. We may recognize unamortized upfront fees when a contract with a franchisee or master franchisee is modified and is accounted for as a termination of the existing contract. We classify these contract liabilities as Other liabilities, net in our condensed consolidated balance sheets.
Earnings Per Unit	Earnings per Unit Partnership uses the two-class method in the computation of earnings per unit. Pursuant to the terms of the partnership agreement, RBI, as the holder of the Class A common units, is entitled to receive distributions from Partnership in an amount equal to the aggregate dividends payable by RBI to holders of RBI common shares, and the holders of Class B exchangeable limited partnership units (the “Partnership exchangeable units”) are entitled to receive distributions from Partnership in an amount per unit equal to the dividends payable by RBI on each RBI common share. Partnership’s net income available to common unitholders is allocated between the Class A common units and Partnership exchangeable units on a fully-distributed basis and reflects residual net income after noncontrolling interests. Basic and diluted earnings per Class A common unit is determined by dividing net income allocated to Class A common unit holders by the weighted average number of Class A common units outstanding for the period. Basic and diluted earnings per Partnership exchangeable unit is determined by dividing net income allocated to the Partnership exchangeable units by the weighted average number of Partnership exchangeable units outstanding during the period. There are no dilutive securities for Partnership as RBI equity awards will not affect the number of Class A common units or Partnership exchangeable units outstanding. However, the issuance of shares by RBI in future periods will affect the allocation of net income attributable to common unitholders between Partnership’s Class A common units and Partnership exchangeable units.

Firehouse Acquisition (Tables)

Firehouse Acquisition (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The preliminary allocation of consideration to the net tangible and intangible assets acquired is presented in the table below (in millions): December 15, 2021 Total current assets $ 21 Property and equipment 4 Firehouse Subs brand 768 Operating lease assets 9 Total liabilities (48) Total identifiable net assets 754 Goodwill 264 Total consideration $ 1,018
Schedule of Business Acquisitions, by Acquisition	The adjustments to the preliminary estimate of net assets acquired and a decrease in total consideration resulted in a corresponding increase in estimated goodwill due to the following changes to preliminary estimates of fair values and allocation of purchase price (in millions): Increase (Decrease) in Goodwill Change in: Operating lease assets $ (9) Total liabilities 35 Total consideration (15) Total increase in goodwill $ 11

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Schedule of Property Revenues	Property revenues consist primarily of lease income from operating leases and earned income on direct financing leases and sales-type leases with franchisees as follows (in millions): Three Months Ended 2022 2021 Lease income - operating leases Minimum lease payments $ 113 $ 113 Variable lease payments 73 66 Amortization of favorable and unfavorable income lease contracts, net — 1 Subtotal - lease income from operating leases 186 180 Earned income on direct financing and sales-type leases 2 2 Total property revenues $ 188 $ 182

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Change in Contract Liabilities	The following table reflects the change in contract liabilities between December 31, 2021 and March 31, 2022 (in millions): Contract Liabilities TH BK PLK FHS Consolidated Balance at December 31, 2021 $ 65 $ 410 $ 56 $ — $ 531 Effect of business combination — — — 8 8 Recognized during period and included in the contract liability balance at the beginning of the year (2) (11) (2) — (15) Increase, excluding amounts recognized as revenue during the period 3 9 3 — 15 Impact of foreign currency translation — (4) — — (4) Balance at March 31, 2022 $ 66 $ 404 $ 57 $ 8 $ 535
Schedule of Estimated Revenues Expected to be Recognized	The following table illustrates estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2022 (in millions): Contract liabilities expected to be recognized in TH BK PLK FHS Consolidated Remainder of 2022 $ 8 $ 26 $ 3 $ 1 $ 38 2023 10 33 4 2 49 2024 9 32 4 1 46 2025 8 32 4 1 45 2026 7 31 3 1 42 Thereafter 24 250 39 2 315 Total $ 66 $ 404 $ 57 $ 8 $ 535
Disaggregation of Total Revenues	Total revenues consist of the following (in millions): Three Months Ended 2022 2021 Sales $ 609 $ 507 Royalties 403 346 Property revenues 188 182 Franchise fees and other revenue 24 20 Advertising revenues and other services 227 205 Total revenues $ 1,451 $ 1,260

Earnings per Unit (Tables)

Earnings per Unit (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Unit	The following table summarizes the basic and diluted earnings per unit calculations (in millions, except per unit amounts): Three Months Ended March 31, 2022 2021 Allocation of net income among partner interests: Net income allocated to Class A common unitholders $ 183 $ 179 Net income allocated to Partnership exchangeable unitholders 86 91 Net income attributable to common unitholders $ 269 $ 270 Denominator - basic and diluted partnership units: Weighted average Class A common units 202 202 Weighted average Partnership exchangeable units 145 155 Earnings per unit - basic and diluted: Class A common units (a) $ 0.91 $ 0.89 Partnership exchangeable units (a) $ 0.59 $ 0.59 (a) Earnings per unit may not recalculate exactly as it is calculated based on unrounded numbers.

Intangible Assets, net and Go_2

Intangible Assets, net and Goodwill (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets, Net and Goodwill	Intangible assets, net and goodwill consist of the following (in millions): As of March 31, 2022 December 31, 2021 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Identifiable assets subject to amortization: Franchise agreements $ 718 $ (295) $ 423 $ 722 $ (290) $ 432 Favorable leases 101 (62) 39 104 (63) 41 Subtotal 819 (357) 462 826 (353) 473 Indefinite-lived intangible assets: Tim Hortons brand $ 6,757 $ — $ 6,757 $ 6,695 $ — $ 6,695 Burger King brand 2,109 — 2,109 2,126 — 2,126 Popeyes brand 1,355 — 1,355 1,355 — 1,355 Firehouse Subs brand 768 — 768 768 — 768 Subtotal 10,989 — 10,989 10,944 — 10,944 Intangible assets, net $ 11,451 $ 11,417 Goodwill Tim Hortons segment $ 4,344 $ 4,306 Burger King segment 596 601 Popeyes segment 846 846 Firehouse Subs segment 264 253 Total $ 6,050 $ 6,006

Equity Method Investments (Tabl

Equity Method Investments (Tables)	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Summary of Franchise and Property Revenues	We have equity interests in entities that own or franchise Tim Hortons, Burger King and Popeyes restaurants. Franchise and property revenues recognized from franchisees that are owned or franchised by entities in which we have an equity interest consist of the following (in millions): Three Months Ended March 31, 2022 2021 Revenues from affiliates: Royalties $ 88 $ 65 Advertising revenues and other services 16 13 Property revenues 7 8 Franchise fees and other revenue 4 4 Total $ 115 $ 90

Other Accrued Liabilities and_2

Other Accrued Liabilities and Other Liabilities, net (Tables)	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
Schedule of Other Accrued Liabilities (Current) and Other Liabilities (NonCurrent), Net	Other accrued liabilities (current) and Other liabilities, net (noncurrent) consist of the following (in millions): As of March 31, December 31, Current: Distribution payable $ 244 $ 241 Interest payable 89 63 Accrued compensation and benefits 46 99 Taxes payable 127 106 Deferred income 45 48 Accrued advertising expenses 37 43 Restructuring and other provisions 91 90 Current portion of operating lease liabilities 144 140 Other 94 117 Other accrued liabilities $ 917 $ 947 Noncurrent: Taxes payable $ 543 $ 533 Contract liabilities 535 531 Derivatives liabilities 422 575 Unfavorable leases 62 65 Accrued pension 48 47 Deferred income 47 37 Other 32 34 Other liabilities, net $ 1,689 $ 1,822

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt consists of the following (in millions): As of March 31, December 31, Term Loan B $ 5,230 $ 5,243 Term Loan A 1,250 1,250 3.875% First Lien Senior Notes due 2028 1,550 1,550 3.50% First Lien Senior Notes due 2029 750 750 5.75% First Lien Senior Notes due 2025 500 500 4.375% Second Lien Senior Notes due 2028 750 750 4.00% Second Lien Senior Notes due 2030 2,900 2,900 TH Facility and other 175 173 Less: unamortized deferred financing costs and deferred issue discount (131) (138) Total debt, net 12,974 12,978 Less: current maturities of debt (71) (62) Total long-term debt $ 12,903 $ 12,916
Summary of Fair Value Measurement	The following table presents the fair value of our variable rate term debt and senior notes, estimated using inputs based on bid and offer prices that are Level 2 inputs, and principal carrying amount (in millions): As of March 31, December 31, Fair value of our variable term debt and senior notes $ 12,370 $ 12,851 Principal carrying amount of our variable term debt and senior notes 12,930 12,943
Schedule of Interest Expense, Net	Interest expense, net consists of the following (in millions): Three Months Ended March 31, 2022 2021 Debt (a) $ 115 $ 113 Finance lease obligations 5 5 Amortization of deferred financing costs and debt issuance discount 7 7 Interest income — (1) Interest expense, net $ 127 $ 124 (a) Amount includes $11 million and $12 million benefit during the three months ended March 31, 2022 and 2021, respectively, related to the quarterly net settlements of our cross-currency rate swaps and amortization of the Excluded Component as defined in Note 14, Derivatives .

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Summary of Changes in the Components of Accumulated Other Comprehensive Income (Loss)	The following table displays the changes in the components of accumulated other comprehensive income (loss) (“AOCI”) (in millions): Derivatives Pensions Foreign Currency Translation Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2021 $ 196 $ (30) $ (1,190) $ (1,024) Foreign currency translation adjustment — — 57 57 Net change in fair value of derivatives, net of tax 126 — — 126 Amounts reclassified to earnings of cash flow hedges, net of tax 21 — — 21 Gain (loss) recognized on other, net of tax — 1 — 1 Balance at March 31, 2022 $ 343 $ (29) $ (1,133) $ (819)

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Quantitative Disclosures of Derivative Instruments Including Estimated Fair Values	The following tables present the required quantitative disclosures for our derivative instruments, including their estimated fair values (all estimated using Level 2 inputs) and their location on our condensed consolidated balance sheets (in millions): Gain or (Loss) Recognized in Other Comprehensive Income (Loss) Three Months Ended March 31, 2022 2021 Derivatives designated as cash flow hedges (1) Interest rate swaps $ 223 $ 129 Forward-currency contracts $ (2) $ (1) Derivatives designated as net investment hedges Cross-currency rate swaps $ (60) $ 9 (1) We did not exclude any components from the cash flow hedge relationships presented in this table. Location of Gain or (Loss) Reclassified from AOCI into Earnings Gain or (Loss) Reclassified from Three Months Ended March 31, 2022 2021 Derivatives designated as cash flow hedges Interest rate swaps Interest expense, net $ (29) $ (30) Forward-currency contracts Cost of sales $ 1 $ (2) Location of Gain or (Loss) Recognized in Earnings Gain or (Loss) Recognized in Earnings Three Months Ended March 31, 2022 2021 Derivatives designated as net investment hedges Cross-currency rate swaps Interest expense, net $ 11 $ 12
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	Fair Value as of March 31, December 31, 2021 Balance Sheet Location Assets: Derivatives designated as cash flow hedges Interest rate $ 20 $ — Other assets, net Foreign currency 1 2 Prepaids and other current assets Derivatives designated as net investment hedges Foreign currency 27 23 Other assets, net Total assets at fair value $ 48 $ 25 Liabilities: Derivatives designated as cash flow hedges Interest rate $ 4 $ 220 Other liabilities, net Foreign currency 2 — Other accrued liabilities Derivatives designated as net investment hedges Foreign currency 418 355 Other liabilities, net Total liabilities at fair value $ 424 $ 575

Other Operating Expenses (Inc_2

Other Operating Expenses (Income), net (Tables)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Other Operating Expenses (Income), Net	Other operating expenses (income), net consist of the following (in millions): Three Months Ended March 31, 2022 2021 Net losses (gains) on disposal of assets, restaurant closures, and refranchisings $ 2 $ (2) Litigation settlements (gains) and reserves, net 1 2 Net losses (gains) on foreign exchange (21) (43) Other, net 2 1 Other operating expenses (income), net $ (16) $ (42)

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Revenues by Geographic Segment	The following tables present revenues, by segment and by country (in millions): Three Months Ended 2022 2021 Revenues by operating segment: TH $ 829 $ 710 BK 443 407 PLK 148 143 FHS 31 — Total revenues $ 1,451 $ 1,260 Three Months Ended 2022 2021 Revenues by country (a): Canada $ 747 $ 638 United States 521 478 Other 183 144 Total revenues $ 1,451 $ 1,260 (a) Only Canada and the United States represented 10% or more of our total revenues in each period presented.
Reconciliation of Segment Income to Net Income (Loss)	A reconciliation of segment income to net income consists of the following (in millions): Three Months Ended 2022 2021 Segment income: TH $ 231 $ 207 BK 229 217 PLK 56 56 FHS 14 — Adjusted EBITDA 530 480 Share-based compensation and non-cash incentive compensation expense 27 26 FHS Transaction costs 1 — Corporate restructuring and tax advisory fees 3 1 Impact of equity method investments (a) 16 4 Other operating expenses (income), net (16) (42) EBITDA 499 491 Depreciation and amortization 49 49 Income from operations 450 442 Interest expense, net 127 124 Income tax expense 53 47 Net income $ 270 $ 271 (a) Represents (i) (income) loss from equity method investments and (ii) cash distributions received from our equity method investments. Cash distributions received from our equity method investments are included in segment income.

Supplemental Financial Inform_2

Supplemental Financial Information (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Balance Sheet	The following represents the condensed consolidating financial information for the Parent Issuer and its restricted subsidiaries (“Consolidated Borrowers”) on a consolidated basis, together with eliminations, as of and for the periods indicated. The condensed consolidating financial information of Partnership is combined with the financial information of its wholly-owned subsidiaries that are also parent entities of the Parent Issuer and presented in a single column under the heading “RBILP”. The consolidating financial information may not necessarily be indicative of the financial position, results of operations or cash flows had the Issuers and Partnership operated as independent entities. RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Balance Sheets (In millions of U.S. dollars) As of March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 895 $ — $ — $ 895 Accounts and notes receivable, net 593 — — 593 Inventories, net 108 — — 108 Prepaids and other current assets 90 — — 90 Total current assets 1,686 — — 1,686 Property and equipment, net 2,023 — — 2,023 Operating lease assets, net 1,137 — — 1,137 Intangible assets, net 11,451 — — 11,451 Goodwill 6,050 — — 6,050 Net investment in property leased to franchisees 82 — — 82 Intercompany receivable — 244 (244) — Investment in subsidiaries — 3,961 (3,961) — Other assets, net 743 — — 743 Total assets $ 23,172 $ 4,205 $ (4,205) $ 23,172 LIABILITIES AND EQUITY Current liabilities: Accounts and drafts payable $ 637 $ — $ — $ 637 Other accrued liabilities 673 244 — 917 Gift card liability 169 — — 169 Current portion of long-term debt and finance leases 105 — — 105 Total current liabilities 1,584 244 — 1,828 Long-term debt, net of current portion 12,903 — — 12,903 Finance leases, net of current portion 337 — — 337 Operating lease liabilities, net of current portion 1,074 — — 1,074 Other liabilities, net 1,689 — — 1,689 Payables to affiliates 244 — (244) — Deferred income taxes, net 1,380 — — 1,380 Total liabilities 19,211 244 (244) 19,211 Partners’ capital: Class A common units — 8,400 — 8,400 Partnership exchangeable units — (3,623) — (3,623) Common shares 2,514 — (2,514) — Retained earnings 2,263 — (2,263) — Accumulated other comprehensive income (loss) (819) (819) 819 (819) Total Partners' capital/shareholders' equity 3,958 3,958 (3,958) 3,958 Noncontrolling interests 3 3 (3) 3 Total equity 3,961 3,961 (3,961) 3,961 Total liabilities and equity $ 23,172 $ 4,205 $ (4,205) $ 23,172 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Balance Sheets (In millions of U.S. dollars) As of December 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated ASSETS Current assets: Cash and cash equivalents $ 1,087 $ — $ — $ 1,087 Accounts and notes receivable, net 547 — — 547 Inventories, net 96 — — 96 Prepaids and other current assets 86 — — 86 Total current assets 1,816 — — 1,816 Property and equipment, net 2,035 — — 2,035 Operating lease assets. net 1,130 — — 1,130 Intangible assets, net 11,417 — — 11,417 Goodwill 6,006 — — 6,006 Net investment in property leased to franchisees 80 — — 80 Intercompany receivable — 241 (241) — Investment in subsidiaries — 3,853 (3,853) — Other assets, net 762 — — 762 Total assets $ 23,246 $ 4,094 $ (4,094) $ 23,246 LIABILITIES AND EQUITY Current liabilities: Accounts and drafts payable $ 614 $ — $ — $ 614 Other accrued liabilities 706 241 — 947 Gift card liability 221 — — 221 Current portion of long-term debt and finance leases 96 — — 96 Total current liabilities 1,637 241 — 1,878 Long-term debt, net of current portion 12,916 — — 12,916 Finance leases, net of current portion 333 — — 333 Operating lease liabilities, net of current portion 1,070 — — 1,070 Other liabilities, net 1,822 — — 1,822 Payables to affiliates 241 — (241) — Deferred income taxes, net 1,374 — — 1,374 Total liabilities 19,393 241 (241) 19,393 Partners’ capital: Class A common units — 8,421 — 8,421 Partnership exchangeable units — (3,547) — (3,547) Common shares 2,635 — (2,635) — Retained earnings 2,239 — (2,239) — Accumulated other comprehensive income (loss) (1,024) (1,024) 1,024 (1,024) Total Partners' capital/shareholders' equity 3,850 3,850 (3,850) 3,850 Noncontrolling interests 3 3 (3) 3 Total equity 3,853 3,853 (3,853) 3,853 Total liabilities and equity $ 23,246 $ 4,094 $ (4,094) $ 23,246
Condensed Income Statement	Condensed Consolidating Statements of Operations (In millions of U.S. dollars) Three Months Ended March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated Revenues: Sales $ 609 $ — $ — $ 609 Franchise and property revenues 615 — — 615 Advertising revenues and other services 227 — — 227 Total revenues 1,451 — — 1,451 Operating costs and expenses: Cost of sales 494 — — 494 Franchise and property expenses 130 — — 130 Advertising expenses and other services 247 — — 247 General and administrative expenses 133 — — 133 (Income) loss from equity method investments 13 — — 13 Other operating expenses (income), net (16) — — (16) Total operating costs and expenses 1,001 — — 1,001 Income from operations 450 — — 450 Interest expense, net 127 — — 127 Income before income taxes 323 — — 323 Income tax expense 53 — — 53 Net income 270 — — 270 Equity in earnings of consolidated subsidiaries — 270 (270) — Net income (loss) 270 270 (270) 270 Net income (loss) attributable to noncontrolling interests 1 1 (1) 1 Net income (loss) attributable to common unitholders $ 269 $ 269 $ (269) $ 269 Comprehensive income (loss) $ 475 $ 475 $ (475) $ 475 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Operations (In millions of U.S. dollars) Three Months Ended March 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated Revenues: Sales $ 507 $ — $ — $ 507 Franchise and property revenues 548 — — 548 Advertising revenues and other services 205 — — 205 Total revenues 1,260 — — 1,260 Operating costs and expenses: Cost of sales 401 — — 401 Franchise and property expenses 116 — — 116 Advertising expenses and other services 237 — — 237 General and administrative expenses 104 — — 104 (Income) loss from equity method investments 2 — — 2 Other operating expenses (income), net (42) — — (42) Total operating costs and expenses 818 — — 818 Income from operations 442 — — 442 Interest expense, net 124 — — 124 Income before income taxes 318 — — 318 Income tax expense 47 — — 47 Net income 271 — — 271 Equity in earnings of consolidated subsidiaries — 271 (271) — Net income (loss) 271 271 (271) 271 Net income (loss) attributable to noncontrolling interests 1 1 (1) 1 Net income (loss) attributable to common unitholders $ 270 $ 270 $ (270) $ 270 Comprehensive income (loss) $ 474 $ 474 $ (474) $ 474
Condensed Cash Flow Statement	Condensed Consolidating Statements of Cash Flows (In millions of U.S. dollars) Three months ended March 31, 2022 Consolidated Borrowers RBILP Eliminations Consolidated Cash flows from operating activities: Net income $ 270 $ 270 $ (270) $ 270 Adjustments to reconcile net income to net cash provided by operating activities: Equity in loss (earnings) of consolidated subsidiaries — (270) 270 — Depreciation and amortization 49 — — 49 Amortization of deferred financing costs and debt issuance discount 7 — — 7 (Income) loss from equity method investments 13 — — 13 (Gain) loss on remeasurement of foreign denominated transactions (21) — — (21) Net (gains) losses on derivatives 18 — — 18 Share-based compensation and non-cash incentive compensation expense 27 — — 27 Deferred income taxes (16) — — (16) Other 9 — — 9 Changes in current assets and liabilities, excluding acquisitions and dispositions: Accounts and notes receivable (46) — — (46) Inventories and prepaids and other current assets (22) — — (22) Accounts and drafts payable 18 — — 18 Other accrued liabilities and gift card liability (91) — — (91) Tenant inducements paid to franchisees (2) — — (2) Other long-term assets and liabilities 21 — — 21 Net cash provided by operating activities 234 — — 234 Cash flows from investing activities: Payments for property and equipment (10) — — (10) Net proceeds from disposal of assets, restaurant closures, and refranchisings 4 — — 4 Settlement/sale of derivatives, net 3 — — 3 Other investing activities, net 4 — — 4 Net cash (used for) provided by investing activities 1 — — 1 Cash flows from financing activities: Proceeds from revolving line of credit and long-term debt 1 — — 1 Repayments of long-term debt and finance leases (21) — — (21) Distributions on Class A common and Partnership exchangeable units — (241) — (241) Distribution to RBI for repurchase of RBI common shares — (161) — (161) Capital contribution from RBI 3 — — 3 Distributions from subsidiaries (402) 402 — — (Payments) proceeds from derivatives (6) — — (6) Other financing activities, net (1) — — (1) Net cash (used for) provided by financing activities (426) — — (426) Effect of exchange rates on cash and cash equivalents (1) — — (1) Increase (decrease) in cash and cash equivalents (192) — — (192) Cash and cash equivalents at beginning of period 1,087 — — 1,087 Cash and cash equivalents at end of period $ 895 $ — $ — $ 895 RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP AND SUBSIDIARIES Condensed Consolidating Statements of Cash Flows (In millions of U.S. dollars) Three Months Ended March 31, 2021 Consolidated Borrowers RBILP Eliminations Consolidated Cash flows from operating activities: Net income $ 271 $ 271 $ (271) $ 271 Adjustments to reconcile net income to net cash provided by operating activities: Equity in loss (earnings) of consolidated subsidiaries — (271) 271 — Depreciation and amortization 49 — — 49 Amortization of deferred financing costs and debt issuance discount 7 — — 7 (Income) loss from equity method investments 2 — — 2 (Gain) loss on remeasurement of foreign denominated transactions (43) — — (43) Net (gains) losses on derivatives 20 — — 20 Share-based compensation and non-cash incentive compensation expense 26 — — 26 Deferred income taxes 14 — — 14 Other (8) — — (8) Changes in current assets and liabilities, excluding acquisitions and dispositions: Accounts and notes receivable 24 — — 24 Inventories and prepaids and other current assets (4) — — (4) Accounts and drafts payable 19 — — 19 Other accrued liabilities and gift card liability (117) — — (117) Other long-term assets and liabilities 6 — — 6 Net cash provided by operating activities 266 — — 266 Cash flows from investing activities: Payments for property and equipment (15) — — (15) Net proceeds from disposal of assets, restaurant closures, and refranchisings 11 — — 11 Settlement/sale of derivatives, net 2 — — 2 Other investing activities, net (5) — — (5) Net cash (used for) provided by investing activities (7) — — (7) Cash flows from financing activities: Repayments of revolving line of credit, long-term debt and finance leases (27) — — (27) Distributions on Class A common and Partnership exchangeable units — (239) — (239) Capital contribution from RBI 20 — — 20 Distributions from subsidiaries (239) 239 — — (Payments) proceeds from derivatives (16) — — (16) Other financing activities, net 1 — — 1 Net cash (used for) provided by financing activities (261) — — (261) Effect of exchange rates on cash and cash equivalents 5 — — 5 Increase (decrease) in cash and cash equivalents 3 — — 3 Cash and cash equivalents at beginning of period 1,560 — — 1,560 Cash and cash equivalents at end of period $ 1,563 $ — $ — $ 1,563

Description of Business and O_2

Description of Business and Organization - Additional Information (Details)	Mar. 31, 2022brandrestaurantcountry
Basis Of Presentation [Line Items]
Number of franchised or owned restaurants	29,576
Number of countries in which company and franchise restaurants operated (more than) | country	100
Percentage of franchised restaurants	100.00%
Tim Hortons brand
Basis Of Presentation [Line Items]
Number of franchised or owned restaurants	5,320
Burger King brand
Basis Of Presentation [Line Items]
Number of franchised or owned restaurants	19,266
Popeyes brand
Basis Of Presentation [Line Items]
Number of franchised or owned restaurants	3,771
FHS
Basis Of Presentation [Line Items]
Number of franchised or owned restaurants | brand	1,219

Basis of Presentation and Con_3

Basis of Presentation and Consolidation - Additional Information (Details) - restaurant	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Restaurant VIEs
Summary Of Accounting Policies [Line Items]
Number of VIE consolidated restaurants	45	46

Firehouse Acquisition - Narrati

Firehouse Acquisition - Narrative (Details) - USD ($) $ in Millions	Dec. 15, 2021	Mar. 31, 2022	Mar. 31, 2021
Business Acquisition [Line Items]
Proceeds from long-term debt		$ 1	$ 0
Firehouse Subs brand
Business Acquisition [Line Items]
Business combination, consideration transferred	$ 1,018
Firehouse Subs brand | Unallocated Management G&A
Business Acquisition [Line Items]
FHS Transaction costs		$ 1	$ 0
Firehouse Subs brand | Secured Debt
Business Acquisition [Line Items]
Proceeds from long-term debt	$ 533

Firehouse Acquisition - Schedul

Firehouse Acquisition - Schedule of Preliminary Allocation of Consideration to Net Tangible and Intangible Assets Acquired (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Dec. 15, 2021
Business Acquisition [Line Items]
Goodwill	$ 6,050	$ 6,006
Firehouse Subs brand
Business Acquisition [Line Items]
Total current assets			$ 21
Property and equipment			4
Operating lease assets			9
Total liabilities			(48)
Total identifiable net assets			754
Goodwill			264
Total consideration			1,018
Firehouse Subs brand | Trade names
Business Acquisition [Line Items]
Firehouse Subs brand			$ 768

Firehouse Acquisition - Sched_2

Firehouse Acquisition - Schedule of Adjustments to Net Assets (Details) - Firehouse Subs brand $ in Millions	4 Months Ended
	Mar. 31, 2022USD ($)
Business Acquisition [Line Items]
Operating lease assets	$ (9)
Total liabilities	35
Total consideration	(15)
Total increase in goodwill	$ 11

Leases - Property revenues (Det

Leases - Property revenues (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Lease income - operating leases
Minimum lease payments	$ 113	$ 113
Variable lease payments	73	66
Amortization of favorable and unfavorable income lease contracts, net	0	1
Subtotal - lease income from operating leases	186	180
Earned income on direct financing and sales-type leases	2	2
Total property revenues	$ 188	$ 182

Revenue Recognition - Change In

Revenue Recognition - Change In Contract Liabilities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)
Change In Contract With Customer Liability [Roll Forward]
Beginning balance	$ 531
Effect of business combination	8
Recognized during period and included in the contract liability balance at the beginning of the year	(15)
Increase, excluding amounts recognized as revenue during the period	15
Impact of foreign currency translation	(4)
Ending balance	535
TH
Change In Contract With Customer Liability [Roll Forward]
Beginning balance	65
Effect of business combination	0
Recognized during period and included in the contract liability balance at the beginning of the year	(2)
Increase, excluding amounts recognized as revenue during the period	3
Impact of foreign currency translation	0
Ending balance	66
BK
Change In Contract With Customer Liability [Roll Forward]
Beginning balance	410
Effect of business combination	0
Recognized during period and included in the contract liability balance at the beginning of the year	(11)
Increase, excluding amounts recognized as revenue during the period	9
Impact of foreign currency translation	(4)
Ending balance	404
PLK
Change In Contract With Customer Liability [Roll Forward]
Beginning balance	56
Effect of business combination	0
Recognized during period and included in the contract liability balance at the beginning of the year	(2)
Increase, excluding amounts recognized as revenue during the period	3
Impact of foreign currency translation	0
Ending balance	57
FHS
Change In Contract With Customer Liability [Roll Forward]
Beginning balance	0
Effect of business combination	8
Recognized during period and included in the contract liability balance at the beginning of the year	0
Increase, excluding amounts recognized as revenue during the period	0
Impact of foreign currency translation	0
Ending balance	$ 8

Revenue Recognition - Estimated

Revenue Recognition - Estimated revenue recognition (Details) $ in Millions	Mar. 31, 2022USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 535
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 38
Revenue, remaining performance obligation, expected timing of satisfaction, period	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 49
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 46
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 45
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 42
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 315
Revenue, remaining performance obligation, expected timing of satisfaction, period
TH
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 66
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 8
Revenue, remaining performance obligation, expected timing of satisfaction, period	9 months
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 10
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 9
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 8
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 7
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
TH | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 24
Revenue, remaining performance obligation, expected timing of satisfaction, period
BK
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 404
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 26
Revenue, remaining performance obligation, expected timing of satisfaction, period	9 months
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 33
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 32
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 32
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 31
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
BK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 250
Revenue, remaining performance obligation, expected timing of satisfaction, period
PLK
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 57
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 3
Revenue, remaining performance obligation, expected timing of satisfaction, period	9 months
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 4
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 4
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 4
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 3
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
PLK | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 39
Revenue, remaining performance obligation, expected timing of satisfaction, period
FHS
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 8
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	1
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	2
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	1
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	1
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	1
FHS | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract liabilities expected to be recognized in	$ 2

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of total revenues (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Property revenues	$ 188	$ 182
Total revenues	1,451	1,260
Sales
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Revenues	609	507
Total revenues	609	507
Royalties
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Revenues	403	346
Franchise fees and other revenue
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Revenues	24	20
Advertising revenues and other services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Revenues	227	205
Total revenues	$ 227	$ 205

Earnings per Unit - Basic and D

Earnings per Unit - Basic and Diluted Earnings Per Unit (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allocation of net income among partner interests:
Net income attributable to common unitholders	$ 269	$ 270
Class A common units
Allocation of net income among partner interests:
Net income attributable to common unitholders	$ 183	$ 179
Denominator - basic and diluted partnership units:
Weighted average number of unit outstanding, basic (in shares)	202	202
Weighted average number of units outstanding, diluted (in shares)	202	202
Earnings per unit - basic and diluted:
Earnings per unit, basic (in usd per share)	$ 0.91	$ 0.89
Earnings per unit, diluted (in usd per share)	$ 0.91	$ 0.89
Partnership exchangeable units
Allocation of net income among partner interests:
Net income attributable to common unitholders	$ 86	$ 91
Denominator - basic and diluted partnership units:
Weighted average number of unit outstanding, basic (in shares)	145	155
Weighted average number of units outstanding, diluted (in shares)	145	155
Earnings per unit - basic and diluted:
Earnings per unit, basic (in usd per share)	$ 0.59	$ 0.59
Earnings per unit, diluted (in usd per share)	$ 0.59	$ 0.59

Intangible Assets, net and Go_3

Intangible Assets, net and Goodwill - Schedule of Intangible Assets, net and Goodwill (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross	$ 819	$ 826
Accumulated Amortization	(357)	(353)
Net	462	473
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, net	11,451	11,417
Goodwill [Line Items]
Goodwill	6,050	6,006
Tim Hortons brand
Goodwill [Line Items]
Goodwill	4,344	4,306
Burger King brand
Goodwill [Line Items]
Goodwill	596	601
Popeyes brand
Goodwill [Line Items]
Goodwill	846	846
Firehouse Subs brand
Goodwill [Line Items]
Goodwill	264	253
Trade names
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	10,989	10,944
Trade names | Tim Hortons brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	6,757	6,695
Trade names | Burger King brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	2,109	2,126
Trade names | Popeyes brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	1,355	1,355
Trade names | Firehouse Subs brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	768	768
Franchise agreements
Finite-Lived Intangible Assets [Line Items]
Gross	718	722
Accumulated Amortization	(295)	(290)
Net	423	432
Favorable leases
Finite-Lived Intangible Assets [Line Items]
Gross	101	104
Accumulated Amortization	(62)	(63)
Net	$ 39	$ 41

Intangible Assets, net and Go_4

Intangible Assets, net and Goodwill - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense on intangible assets	$ 10	$ 10

Equity Method Investments - Add

Equity Method Investments - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Investment in subsidiaries	$ 0		$ 0
Equity Method Investee
Schedule of Equity Method Investments [Line Items]
Accounts receivable from equity method investments	50		48
Carrols Restaurant Group, Inc.
Schedule of Equity Method Investments [Line Items]
Quoted market price	$ 21
BK Brasil
Schedule of Equity Method Investments [Line Items]
Joint-venture interest	9.40%
Quoted market price	$ 41
Wendy's Company TIMWEN Partnership | Tim Hortons brand
Schedule of Equity Method Investments [Line Items]
Cash distributions	3	$ 3
Rent expense	$ 4	$ 4
United States | Carrols Restaurant Group, Inc.
Schedule of Equity Method Investments [Line Items]
Joint-venture interest	15.50%
Canada | Wendy's Company TIMWEN Partnership
Schedule of Equity Method Investments [Line Items]
Joint-venture interest	50.00%
Other assets
Schedule of Equity Method Investments [Line Items]
Investment in subsidiaries	$ 181		$ 194

Equity Method Investments - Sum

Equity Method Investments - Summary of Franchise and Property Revenues (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues from affiliates:
Property revenues	$ 188	$ 182
Total revenues	1,451	1,260
Affiliates
Revenues from affiliates:
Total revenues	115	90
Royalties
Revenues from affiliates:
Revenues	403	346
Royalties | Affiliates
Revenues from affiliates:
Revenues	88	65
Advertising revenues and other services
Revenues from affiliates:
Revenues	227	205
Total revenues	227	205
Advertising revenues and other services | Affiliates
Revenues from affiliates:
Revenues	16	13
Property revenues | Affiliates
Revenues from affiliates:
Property revenues	7	8
Franchise fees and other revenue
Revenues from affiliates:
Revenues	24	20
Franchise fees and other revenue | Affiliates
Revenues from affiliates:
Revenues	$ 4	$ 4

Other Accrued Liabilities and_3

Other Accrued Liabilities and Other Liabilities, net - Schedule of Other Accrued Liabilities (Current) and Other Liabilities (NonCurrent), Net (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current:
Distribution payable	$ 244	$ 241
Interest payable	89	63
Accrued compensation and benefits	46	99
Taxes payable	127	106
Deferred income	45	48
Accrued advertising expenses	37	43
Restructuring and other provisions	91	90
Current portion of operating lease liabilities	144	140
Other	94	117
Other accrued liabilities	917	947
Noncurrent:
Taxes payable	543	533
Contract liabilities	535	531
Derivatives liabilities	422	575
Unfavorable leases	62	65
Accrued pension	48	47
Deferred income	47	37
Other	32	34
Other liabilities, net	$ 1,689	$ 1,822
Operating lease, liability, current, statement of financial position [Extensible Enumeration]	Other accrued liabilities	Other accrued liabilities

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
TH Facility and other	$ 175	$ 173
Less: unamortized deferred financing costs and deferred issue discount	(131)	(138)
Total debt, net	12,974	12,978
Less: current maturities of debt	(71)	(62)
Total long-term debt	12,903	12,916
Term Loan B
Debt Instrument [Line Items]
Term loan facility	5,230	5,243
Term Loan A
Debt Instrument [Line Items]
Term loan facility	$ 1,250	1,250
3.875% First Lien Senior Notes due 2028 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	3.875%
Senior notes	$ 1,550	1,550
3.50% First Lien Senior Notes due 2029 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	3.50%
Senior notes	$ 750	750
5.75% First Lien Senior Notes due 2025
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.75%
5.75% First Lien Senior Notes due 2025 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.75%
Senior notes	$ 500	500
4.375% Second Lien Senior Notes due 2028
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.375%
4.375% Second Lien Senior Notes due 2028 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.375%
Senior notes	$ 750	750
4.00% Second Lien Senior Notes due 2030
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.00%
4.00% Second Lien Senior Notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.00%
Senior notes	$ 2,900	$ 2,900

Long-Term Debt - Revolving Cred

Long-Term Debt - Revolving Credit Facility (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Line of Credit Facility [Line Items]
Amount outstanding under credit facility	$ 12,974,000,000	$ 12,978,000,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Amount outstanding under credit facility	0
Letters of credit issued against credit facility	2,000,000
Remaining borrowing capacity	998,000,000
Letter of credit sublimit as part of revolving credit facility	$ 125,000,000

Long-Term Debt - TH facility (D

Long-Term Debt - TH facility (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)subsidiary	Mar. 31, 2022CAD ($)subsidiary	Dec. 31, 2021USD ($)
Line of Credit Facility [Line Items]
Amount outstanding under credit facility	$ 12,974		$ 12,978
TH Facility
Line of Credit Facility [Line Items]
Aggregate principal amount outstanding		$ 225,000,000
Amount outstanding under credit facility		$ 214,000,000
Interest rate	2.33%	2.33%
TH Facility | Canadian Bankers' Acceptance Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.40%
TH Facility | Prime Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.40%
TH Facility | Line of Credit
Line of Credit Facility [Line Items]
Number of subsidiaries | subsidiary	1	1
Number of guaranteed subsidiaries | subsidiary	4	4

Long-Term Debt - RE Facility (D

Long-Term Debt - RE Facility (Details)	3 Months Ended
	Mar. 31, 2022USD ($)subsidiary	Dec. 31, 2021USD ($)
Debt Instrument [Line Items]
Amount outstanding under credit facility	$ 12,974,000,000	$ 12,978,000,000
R E Facility | Line of Credit
Debt Instrument [Line Items]
Number of subsidiaries | subsidiary	1
Aggregate principal amount outstanding	$ 50,000,000
Number of guaranteed subsidiaries | subsidiary	4
Amount outstanding under credit facility	$ 1,000,000
Interest rate	1.77%
R E Facility | Line of Credit | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
R E Facility | Line of Credit | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Interest rate, base rate floor (as a percent)	0.00%

Long-Term Debt - Schedule of Fa

Long-Term Debt - Schedule of Fair Value Measurement (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Fair value of our variable term debt and senior notes	$ 12,370	$ 12,851
Principal carrying amount of our variable term debt and senior notes	$ 12,930	$ 12,943

Long-Term Debt - Schedule of In

Long-Term Debt - Schedule of Interest Expense, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Debt Disclosure [Abstract]
Debt	$ 115	$ 113
Finance lease obligations	5	5
Amortization of deferred financing costs and debt issuance discount	7	7
Interest income	0	(1)
Interest expense, net	127	124
Cross-currency rate swaps | Derivatives designated as net investment hedges | Interest expense, net
Debt Instrument [Line Items]
Gain (loss) reclassified to earnings, net investment hedge	$ 11	$ 12

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	16.60%	14.70%

Equity - Additional Information

Equity - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)shares
Stockholders Equity [Line Items]
Repurchase of common shares | $	$ 161
Partnership exchangeable units
Stockholders Equity [Line Items]
BKW reorganization into Partnership (in shares) | shares	1,525,900

Equity - Summary of Changes in

Equity - Summary of Changes in the Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss)
Beginning balances	$ 3,853	$ 3,721
Foreign currency translation adjustment	57	54
Net change in fair value of derivatives, net of tax	126
Amounts reclassified to earnings of cash flow hedges, net of tax	21	24
Gain (loss) recognized on other, net of tax	1	1
Ending balances	3,961	4,002
Derivatives
Accumulated Other Comprehensive Income (Loss)
Beginning balances	196
Net change in fair value of derivatives, net of tax	126
Amounts reclassified to earnings of cash flow hedges, net of tax	21
Ending balances	343
Pensions
Accumulated Other Comprehensive Income (Loss)
Beginning balances	(30)
Gain (loss) recognized on other, net of tax	1
Ending balances	(29)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss)
Beginning balances	(1,190)
Foreign currency translation adjustment	57
Ending balances	(1,133)
Accumulated  Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Beginning balances	(1,024)	(1,275)
Ending balances	$ (819)	$ (1,072)

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) € in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022CAD ($)	Mar. 31, 2022EUR (€)	Dec. 31, 2021USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net unrealized loss recognized in AOCI	$ (161,000,000)	$ (95,000,000)
Interest Rate Swaps - Period One
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	3,500,000,000
Interest Rate Swaps - Period Two
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	500,000,000
Interest Rate Swap One
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	3,500,000,000
Interest Rate Swap One | Interest expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net unrealized loss recognized in AOCI	143,000,000
Loss reclassified from OACI to Income	28,000,000
Interest Rate Swap Two
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	3,500,000,000
Interest Rate Swap Two | Interest expense, net
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net unrealized loss recognized in AOCI	213,000,000
Loss reclassified from OACI to Income	50,000,000
Cross Currency Interest Rate Contract | Fixed Income Interest Rate
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	5,000,000,000		$ 6,754
Cross Currency Interest Rate Contract | Fixed Income Interest Rate | Derivatives designated as net investment hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount					$ 150,000,000	$ 500,000,000	$ 400,000,000
Cross Currency Interest Rate Contract | Fixed Income Interest Rate | Hedge Funds
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	1,200,000,000			€ 1,108
Foreign Exchange Contract
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount	$ 203,000,000

Derivative Instruments - Quanti

Derivative Instruments - Quantitative Disclosures of Derivative Instruments Including Estimated Fair Values (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest rate swaps | Derivatives designated as cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Recognized in Other Comprehensive Income (Loss)	$ 223	$ 129
Interest rate swaps | Interest expense, net | Derivatives designated as cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Reclassified from AOCI into Earnings	(29)	(30)
Forward-currency contracts | Derivatives designated as cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Recognized in Other Comprehensive Income (Loss)	(2)	(1)
Forward-currency contracts | Cost of sales | Derivatives designated as cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Reclassified from AOCI into Earnings	1	(2)
Cross-currency rate swaps | Derivatives designated as net investment hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Recognized in Other Comprehensive Income (Loss)	(60)	9
Cross-currency rate swaps | Interest expense, net | Derivatives designated as net investment hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain or (Loss) Recognized in Earnings (Amount Excluded from Effectiveness Testing)	$ 11	$ 12

Derivative Instruments - Summar

Derivative Instruments - Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets	$ 48	$ 25
Derivatives liabilities	424	575
Derivatives designated as cash flow hedges | Foreign currency | Prepaids and other current assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets	1	2
Derivatives designated as cash flow hedges | Foreign currency | Other accrued liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives liabilities	2	0
Derivatives designated as cash flow hedges | Interest rate | Other assets, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets	20	0
Derivatives designated as cash flow hedges | Interest rate | Other liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives liabilities	4	220
Derivatives designated as net investment hedges | Foreign currency | Other assets, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets	27	23
Derivatives designated as net investment hedges | Foreign currency | Other liabilities, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives liabilities	$ 418	$ 355

Other Operating Expenses (Inc_3

Other Operating Expenses (Income), net - Other Operating Expenses (Income), Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Net losses (gains) on disposal of assets, restaurant closures, and refranchisings	$ 2	$ (2)
Litigation settlements (gains) and reserves, net	1	2
Net losses (gains) on foreign exchange	(21)	(43)
Other, net	2	1
Other operating expenses (income), net	$ (16)	$ (42)

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	1 Months Ended
	Apr. 30, 2022case	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)
Hussain vs. Burger King Corporation | Pending Litigation | Subsequent Event
Loss Contingencies [Line Items]
Number of new claims filed | case	2
Burger King And Popeyes | CHINA
Loss Contingencies [Line Items]
Expected cost		$ 100
Litigation settlement and reserves			$ 72

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022brand
Segment Reporting [Abstract]
Number of brands	4

Segment Reporting - Revenues by

Segment Reporting - Revenues by Operating Segment and Country (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue, Major Customer [Line Items]
Total revenues	$ 1,451	$ 1,260
Canada
Revenue, Major Customer [Line Items]
Total revenues	$ 747	$ 638
Canada | Revenue Benchmark | Geographic Concentration Risk
Revenue, Major Customer [Line Items]
Concentration risk, percentage	10.00%	10.00%
United States
Revenue, Major Customer [Line Items]
Total revenues	$ 521	$ 478
United States | Revenue Benchmark | Geographic Concentration Risk
Revenue, Major Customer [Line Items]
Concentration risk, percentage	10.00%	10.00%
Other
Revenue, Major Customer [Line Items]
Total revenues	$ 183	$ 144
TH
Revenue, Major Customer [Line Items]
Total revenues	829	710
BK
Revenue, Major Customer [Line Items]
Total revenues	443	407
PLK
Revenue, Major Customer [Line Items]
Total revenues	148	143
FHS
Revenue, Major Customer [Line Items]
Total revenues	$ 31	$ 0

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Segment Income to Net Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Adjusted EBITDA	$ 530	$ 480
Impact of equity method investments	13	2
Other operating expenses (income), net	(16)	(42)
EBITDA	499	491
Depreciation and amortization	49	49
Income from operations	450	442
Interest expense, net	127	124
Income tax expense	53	47
Net income	270	271
Unallocated Management G&A
Segment Reporting, Revenue Reconciling Item [Line Items]
Share-based compensation and non-cash incentive compensation expense	27	26
Corporate restructuring and tax advisory fees	3	1
Impact of equity method investments	16	4
Other operating expenses (income), net	(16)	(42)
Unallocated Management G&A | Firehouse Subs brand
Segment Reporting, Revenue Reconciling Item [Line Items]
FHS Transaction costs	1	0
TH | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Adjusted EBITDA	231	207
BK | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Adjusted EBITDA	229	217
PLK | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Adjusted EBITDA	56	56
FHS | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Adjusted EBITDA	$ 14	$ 0

Supplemental Financial Inform_3

Supplemental Financial Information - Narrative (Details)	Mar. 31, 2022
3.875% First Lien Senior Notes due 2028 | Senior Notes
Stated interest rate (as a percent)	3.875%
5.75% First Lien Senior Notes due 2025
Stated interest rate (as a percent)	5.75%
5.75% First Lien Senior Notes due 2025 | Senior Notes
Stated interest rate (as a percent)	5.75%
3.50% First Lien Senior Notes due 2029
Stated interest rate (as a percent)	3.50%
4.375% Second Lien Senior Notes due 2028
Stated interest rate (as a percent)	4.375%
4.375% Second Lien Senior Notes due 2028 | Senior Notes
Stated interest rate (as a percent)	4.375%
4.00% Second Lien Senior Notes due 2030
Stated interest rate (as a percent)	4.00%
4.00% Second Lien Senior Notes due 2030 | Senior Notes
Stated interest rate (as a percent)	4.00%

Supplemental Financial Inform_4

Supplemental Financial Information - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 895	$ 1,087	$ 1,563	$ 1,560
Accounts and notes receivable, net	593	547
Inventories, net	108	96
Prepaids and other current assets	90	86
Total current assets	1,686	1,816
Property and equipment, net	2,023	2,035
Operating lease assets, net	1,137	1,130
Intangible assets, net	11,451	11,417
Goodwill	6,050	6,006
Net investment in property leased to franchisees	82	80
Intercompany receivable	0	0
Investment in subsidiaries	0	0
Other assets, net	743	762
Total assets	23,172	23,246
Current liabilities:
Accounts and drafts payable	637	614
Other accrued liabilities	917	947
Gift card liability	169	221
Current portion of long-term debt and finance leases	105	96
Total current liabilities	1,828	1,878
Long-term debt, net of current portion	12,903	12,916
Finance leases, net of current portion	337	333
Operating lease liabilities, net of current portion	1,074	1,070
Other liabilities, net	1,689	1,822
Payables to affiliates	0	0
Deferred income taxes, net	1,380	1,374
Total liabilities	19,211	19,393
Partners’ capital:
Common shares	0	0
Retained earnings	0	0
Accumulated other comprehensive income (loss)	(819)	(1,024)
Total Partners’ capital	3,958	3,850
Noncontrolling interests	3	3
Total equity	3,961	3,853	4,002	3,721
Total liabilities and equity	23,172	23,246
Class A common units
Partners’ capital:
Class A common units	8,400	8,421
Partnership exchangeable units
Partners’ capital:
Partnership exchangeable units	(3,623)	(3,547)
Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
Prepaids and other current assets	0	0
Total current assets	0	0
Property and equipment, net	0	0
Operating lease assets, net	0	0
Intangible assets, net	0	0
Goodwill	0	0
Net investment in property leased to franchisees	0	0
Intercompany receivable	(244)	(241)
Investment in subsidiaries	(3,961)	(3,853)
Other assets, net	0	0
Total assets	(4,205)	(4,094)
Current liabilities:
Accounts and drafts payable	0	0
Other accrued liabilities	0	0
Gift card liability	0	0
Current portion of long-term debt and finance leases	0	0
Total current liabilities	0	0
Long-term debt, net of current portion	0	0
Finance leases, net of current portion	0	0
Operating lease liabilities, net of current portion	0	0
Other liabilities, net	0	0
Payables to affiliates	(244)	(241)
Deferred income taxes, net	0	0
Total liabilities	(244)	(241)
Partners’ capital:
Common shares	(2,514)	(2,635)
Retained earnings	(2,263)	(2,239)
Accumulated other comprehensive income (loss)	819	1,024
Total Partners’ capital	(3,958)	(3,850)
Noncontrolling interests	(3)	(3)
Total equity	(3,961)	(3,853)
Total liabilities and equity	(4,205)	(4,094)
Eliminations | Class A common units
Partners’ capital:
Class A common units	0	0
Eliminations | Partnership exchangeable units
Partners’ capital:
Partnership exchangeable units	0	0
Consolidated Borrowers | Reportable Legal Entities
Current assets:
Cash and cash equivalents	895	1,087	1,563	1,560
Accounts and notes receivable, net	593	547
Inventories, net	108	96
Prepaids and other current assets	90	86
Total current assets	1,686	1,816
Property and equipment, net	2,023	2,035
Operating lease assets, net	1,137	1,130
Intangible assets, net	11,451	11,417
Goodwill	6,050	6,006
Net investment in property leased to franchisees	82	80
Intercompany receivable	0	0
Investment in subsidiaries	0	0
Other assets, net	743	762
Total assets	23,172	23,246
Current liabilities:
Accounts and drafts payable	637	614
Other accrued liabilities	673	706
Gift card liability	169	221
Current portion of long-term debt and finance leases	105	96
Total current liabilities	1,584	1,637
Long-term debt, net of current portion	12,903	12,916
Finance leases, net of current portion	337	333
Operating lease liabilities, net of current portion	1,074	1,070
Other liabilities, net	1,689	1,822
Payables to affiliates	244	241
Deferred income taxes, net	1,380	1,374
Total liabilities	19,211	19,393
Partners’ capital:
Common shares	2,514	2,635
Retained earnings	2,263	2,239
Accumulated other comprehensive income (loss)	(819)	(1,024)
Total Partners’ capital	3,958	3,850
Noncontrolling interests	3	3
Total equity	3,961	3,853
Total liabilities and equity	23,172	23,246
Consolidated Borrowers | Reportable Legal Entities | Class A common units
Partners’ capital:
Class A common units	0	0
Consolidated Borrowers | Reportable Legal Entities | Partnership exchangeable units
Partners’ capital:
Partnership exchangeable units	0	0
RBILP | Reportable Legal Entities
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
Prepaids and other current assets	0	0
Total current assets	0	0
Property and equipment, net	0	0
Operating lease assets, net	0	0
Intangible assets, net	0	0
Goodwill	0	0
Net investment in property leased to franchisees	0	0
Intercompany receivable	244	241
Investment in subsidiaries	3,961	3,853
Other assets, net	0	0
Total assets	4,205	4,094
Current liabilities:
Accounts and drafts payable	0	0
Other accrued liabilities	244	241
Gift card liability	0	0
Current portion of long-term debt and finance leases	0	0
Total current liabilities	244	241
Long-term debt, net of current portion	0	0
Finance leases, net of current portion	0	0
Operating lease liabilities, net of current portion	0	0
Other liabilities, net	0	0
Payables to affiliates	0	0
Deferred income taxes, net	0	0
Total liabilities	244	241
Partners’ capital:
Common shares	0	0
Retained earnings	0	0
Accumulated other comprehensive income (loss)	(819)	(1,024)
Total Partners’ capital	3,958	3,850
Noncontrolling interests	3	3
Total equity	3,961	3,853
Total liabilities and equity	4,205	4,094
RBILP | Reportable Legal Entities | Class A common units
Partners’ capital:
Class A common units	8,400	8,421
RBILP | Reportable Legal Entities | Partnership exchangeable units
Partners’ capital:
Partnership exchangeable units	$ (3,623)	$ (3,547)

Supplemental Financial Inform_5

Supplemental Financial Information - Condensed Consolidating Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues:
Total revenues	$ 1,451	$ 1,260
Operating costs and expenses:
Cost of sales	494	401
Franchise and property expenses	130	116
Advertising expenses and other services	247	237
General and administrative expenses	133	104
(Income) loss from equity method investments	13	2
Other operating expenses (income), net	(16)	(42)
Total operating costs and expenses	1,001	818
Income from operations	450	442
Interest expense, net	127	124
Income before income taxes	323	318
Income tax expense	53	47
Net income	270	271
Equity in earnings of consolidated subsidiaries	0	0
Net income	270	271
Net income (loss) attributable to noncontrolling interests	1	1
Net income attributable to common unitholders	269	270
Comprehensive income (loss)	475	474
Eliminations
Revenues:
Total revenues	0	0
Operating costs and expenses:
Cost of sales	0	0
Franchise and property expenses	0	0
Advertising expenses and other services	0	0
General and administrative expenses	0	0
(Income) loss from equity method investments	0	0
Other operating expenses (income), net	0	0
Total operating costs and expenses	0	0
Income from operations	0	0
Interest expense, net	0	0
Income before income taxes	0	0
Income tax expense	0	0
Net income	0	0
Equity in earnings of consolidated subsidiaries	(270)	(271)
Net income	(270)	(271)
Net income (loss) attributable to noncontrolling interests	(1)	(1)
Net income attributable to common unitholders	(269)	(270)
Comprehensive income (loss)	(475)	(474)
Consolidated Borrowers | Reportable Legal Entities
Revenues:
Total revenues	1,451	1,260
Operating costs and expenses:
Cost of sales	494	401
Franchise and property expenses	130	116
Advertising expenses and other services	247	237
General and administrative expenses	133	104
(Income) loss from equity method investments	13	2
Other operating expenses (income), net	(16)	(42)
Total operating costs and expenses	1,001	818
Income from operations	450	442
Interest expense, net	127	124
Income before income taxes	323	318
Income tax expense	53	47
Net income	270	271
Equity in earnings of consolidated subsidiaries	0	0
Net income	270	271
Net income (loss) attributable to noncontrolling interests	1	1
Net income attributable to common unitholders	269	270
Comprehensive income (loss)	475	474
RBILP | Reportable Legal Entities
Revenues:
Total revenues	0	0
Operating costs and expenses:
Cost of sales	0	0
Franchise and property expenses	0	0
Advertising expenses and other services	0	0
General and administrative expenses	0	0
(Income) loss from equity method investments	0	0
Other operating expenses (income), net	0	0
Total operating costs and expenses	0	0
Income from operations	0	0
Interest expense, net	0	0
Income before income taxes	0	0
Income tax expense	0	0
Net income	0	0
Equity in earnings of consolidated subsidiaries	270	271
Net income	270	271
Net income (loss) attributable to noncontrolling interests	1	1
Net income attributable to common unitholders	269	270
Comprehensive income (loss)	475	474
Sales
Revenues:
Total revenues	609	507
Sales | Eliminations
Revenues:
Total revenues	0	0
Sales | Consolidated Borrowers | Reportable Legal Entities
Revenues:
Total revenues	609	507
Sales | RBILP | Reportable Legal Entities
Revenues:
Total revenues	0	0
Franchise and property revenues
Revenues:
Total revenues	615	548
Franchise and property revenues | Eliminations
Revenues:
Total revenues	0	0
Franchise and property revenues | Consolidated Borrowers | Reportable Legal Entities
Revenues:
Total revenues	615	548
Franchise and property revenues | RBILP | Reportable Legal Entities
Revenues:
Total revenues	0	0
Advertising revenues and other services
Revenues:
Total revenues	227	205
Advertising revenues and other services | Eliminations
Revenues:
Total revenues	0	0
Advertising revenues and other services | Consolidated Borrowers | Reportable Legal Entities
Revenues:
Total revenues	227	205
Advertising revenues and other services | RBILP | Reportable Legal Entities
Revenues:
Total revenues	$ 0	$ 0

Supplemental Financial Inform_6

Supplemental Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 270	$ 271
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in loss (earnings) of consolidated subsidiaries	0	0
Depreciation and amortization	49	49
Amortization of deferred financing costs and debt issuance discount	7	7
(Income) loss from equity method investments	13	2
(Gain) loss on remeasurement of foreign denominated transactions	(21)	(43)
Net (gains) losses on derivatives	18	20
Share-based compensation and non-cash incentive compensation expense	27	26
Deferred income taxes	(16)	14
Other	9	(8)
Changes in current assets and liabilities, excluding acquisitions and dispositions:
Accounts and notes receivable	(46)	24
Inventories and prepaids and other current assets	(22)	(4)
Accounts and drafts payable	18	19
Other accrued liabilities and gift card liability	(91)	(117)
Tenant inducements paid to franchisees	(2)	0
Other long-term assets and liabilities	21	6
Net cash provided by operating activities	234	266
Cash flows from investing activities:
Payments for property and equipment	(10)	(15)
Net proceeds from disposal of assets, restaurant closures, and refranchisings	4	11
Settlement/sale of derivatives, net	3	2
Other investing activities, net	4	(5)
Net cash (used for) provided by investing activities	1	(7)
Cash flows from financing activities:
Proceeds from long-term debt	1	0
Repayments of long-term debt and finance leases	(21)	(27)
Distributions on Class A common and Partnership exchangeable units	(241)	(239)
Distribution to RBI for repurchase of RBI common shares	(161)	0
Capital contribution from RBI	3	20
Distributions from subsidiaries	0	0
(Payments) proceeds from derivatives	(6)	(16)
Other financing activities, net	(1)	1
Net cash (used for) provided by financing activities	(426)	(261)
Effect of exchange rates on cash and cash equivalents	(1)	5
Increase (decrease) in cash and cash equivalents	(192)	3
Cash and cash equivalents at beginning of period	1,087	1,560
Cash and cash equivalents at end of period	895	1,563
Eliminations
Cash flows from operating activities:
Net income	(270)	(271)
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in loss (earnings) of consolidated subsidiaries	270	271
Depreciation and amortization	0	0
Amortization of deferred financing costs and debt issuance discount	0	0
(Income) loss from equity method investments	0	0
(Gain) loss on remeasurement of foreign denominated transactions	0	0
Net (gains) losses on derivatives	0	0
Share-based compensation and non-cash incentive compensation expense	0	0
Deferred income taxes	0	0
Other	0	0
Changes in current assets and liabilities, excluding acquisitions and dispositions:
Accounts and notes receivable	0	0
Inventories and prepaids and other current assets	0	0
Accounts and drafts payable	0	0
Other accrued liabilities and gift card liability	0	0
Tenant inducements paid to franchisees	0
Other long-term assets and liabilities	0	0
Net cash provided by operating activities	0	0
Cash flows from investing activities:
Payments for property and equipment	0	0
Net proceeds from disposal of assets, restaurant closures, and refranchisings	0	0
Settlement/sale of derivatives, net	0	0
Other investing activities, net	0	0
Net cash (used for) provided by investing activities	0	0
Cash flows from financing activities:
Proceeds from long-term debt	0
Repayments of long-term debt and finance leases	0	0
Distributions on Class A common and Partnership exchangeable units	0	0
Distribution to RBI for repurchase of RBI common shares	0
Capital contribution from RBI	0	0
Distributions from subsidiaries	0	0
(Payments) proceeds from derivatives	0	0
Other financing activities, net	0	0
Net cash (used for) provided by financing activities	0	0
Effect of exchange rates on cash and cash equivalents	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Consolidated Borrowers | Reportable Legal Entities
Cash flows from operating activities:
Net income	270	271
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in loss (earnings) of consolidated subsidiaries	0	0
Depreciation and amortization	49	49
Amortization of deferred financing costs and debt issuance discount	7	7
(Income) loss from equity method investments	13	2
(Gain) loss on remeasurement of foreign denominated transactions	(21)	(43)
Net (gains) losses on derivatives	18	20
Share-based compensation and non-cash incentive compensation expense	27	26
Deferred income taxes	(16)	14
Other	9	(8)
Changes in current assets and liabilities, excluding acquisitions and dispositions:
Accounts and notes receivable	(46)	24
Inventories and prepaids and other current assets	(22)	(4)
Accounts and drafts payable	18	19
Other accrued liabilities and gift card liability	(91)	(117)
Tenant inducements paid to franchisees	(2)
Other long-term assets and liabilities	21	6
Net cash provided by operating activities	234	266
Cash flows from investing activities:
Payments for property and equipment	(10)	(15)
Net proceeds from disposal of assets, restaurant closures, and refranchisings	4	11
Settlement/sale of derivatives, net	3	2
Other investing activities, net	4	(5)
Net cash (used for) provided by investing activities	1	(7)
Cash flows from financing activities:
Proceeds from long-term debt	1
Repayments of long-term debt and finance leases	(21)	(27)
Distributions on Class A common and Partnership exchangeable units	0	0
Distribution to RBI for repurchase of RBI common shares	0
Capital contribution from RBI	3	20
Distributions from subsidiaries	(402)	(239)
(Payments) proceeds from derivatives	(6)	(16)
Other financing activities, net	(1)	1
Net cash (used for) provided by financing activities	(426)	(261)
Effect of exchange rates on cash and cash equivalents	(1)	5
Increase (decrease) in cash and cash equivalents	(192)	3
Cash and cash equivalents at beginning of period	1,087	1,560
Cash and cash equivalents at end of period	895	1,563
RBILP | Reportable Legal Entities
Cash flows from operating activities:
Net income	270	271
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in loss (earnings) of consolidated subsidiaries	(270)	(271)
Depreciation and amortization	0	0
Amortization of deferred financing costs and debt issuance discount	0	0
(Income) loss from equity method investments	0	0
(Gain) loss on remeasurement of foreign denominated transactions	0	0
Net (gains) losses on derivatives	0	0
Share-based compensation and non-cash incentive compensation expense	0	0
Deferred income taxes	0	0
Other	0	0
Changes in current assets and liabilities, excluding acquisitions and dispositions:
Accounts and notes receivable	0	0
Inventories and prepaids and other current assets	0	0
Accounts and drafts payable	0	0
Other accrued liabilities and gift card liability	0	0
Tenant inducements paid to franchisees	0
Other long-term assets and liabilities	0	0
Net cash provided by operating activities	0	0
Cash flows from investing activities:
Payments for property and equipment	0	0
Net proceeds from disposal of assets, restaurant closures, and refranchisings	0	0
Settlement/sale of derivatives, net	0	0
Other investing activities, net	0	0
Net cash (used for) provided by investing activities	0	0
Cash flows from financing activities:
Proceeds from long-term debt	0
Repayments of long-term debt and finance leases	0	0
Distributions on Class A common and Partnership exchangeable units	(241)	(239)
Distribution to RBI for repurchase of RBI common shares	(161)
Capital contribution from RBI	0	0
Distributions from subsidiaries	402	239
(Payments) proceeds from derivatives	0	0
Other financing activities, net	0	0
Net cash (used for) provided by financing activities	0	0
Effect of exchange rates on cash and cash equivalents	0	0
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - $ / shares	Jul. 05, 2022	Apr. 06, 2022	May 03, 2022	Mar. 31, 2022	Mar. 31, 2021
Forecast
Subsequent Event [Line Items]
Common stock dividends paid (in usd per share)	$ 0.54
Partnership exchangeable units
Subsequent Event [Line Items]
Cash dividend declared (in usd per share)				$ 0.54	$ 0.53
Subsequent Event
Subsequent Event [Line Items]
Common stock dividends paid (in usd per share)		$ 0.54
Cash dividend declared (in usd per share)			$ 0.54
Subsequent Event | Partnership exchangeable units | Restaurant Brands International Limited Partnership
Subsequent Event [Line Items]
Cash dividend paid per exchangeable unit (in usd per share)		$ 0.54	$ 0.54