Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Change in Contract Liabilities

We classify these contract liabilities as Other liabilities, net in our consolidated balance sheets. The following table reflects the change in contract liabilities by segment and on a consolidated basis between December 31, 2020 and December 31, 2021 (in millions):

Contract Liabilities	TH		BK		PLK		Consolidated
Balance at December 31, 2020	$	62	$	427	$	39	$	528
Recognized during period and included in the contract liability balance at the beginning of the year	(9)		(44)		(4)		(57)
Increase, excluding amounts recognized as revenue during the period	12		40		21		73
Impact of foreign currency translation	—		(13)		—		(13)
Balance at December 31, 2021	$	65	$	410	$	56	$	531

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) by segment and on a consolidated basis as of December 31, 2021 (in millions):

Contract liabilities expected to be recognized in	TH		BK		PLK		Consolidated
2022	$	10	$	34	$	4	$	48
2023	9		33		4		46
2024	9		32		4		45
2025	8		32		4		44
2026	6		31		3		40
Thereafter	23		248		37		308
Total	$	65	$	410	$	56	$	531

Schedule of Disaggregation of Total Revenues

Total revenues consist of the following (in millions):

	2021		2020		2019
Sales	$	2,378	$	2,013	$	2,362
Royalties	1,561		1,327		1,459
Property revenues	793		718		833
Franchise fees and other revenue	98		76		89
Advertising revenues	909		834		860
Total revenues	$	5,739	$	4,968	$	5,603