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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Current assets:        
Cash and cash equivalents $ 1,033 $ 1,178 $ 895 $ 1,087
Accounts and notes receivable, net of allowance of $41 and $36, respectively 612 614    
Inventories, net 145 133    
Prepaids and other current assets 103 123    
Total current assets 1,893 2,048    
Property and equipment, net of accumulated depreciation and amortization of $1,092 and $1,061, respectively 1,943 1,950    
Operating lease assets, net 1,075 1,082    
Intangible assets, net 11,005 10,991    
Goodwill 5,700 5,688    
Net investment in property leased to franchisees 83 82    
Other assets, net 827 905    
Total assets 22,526 22,746    
Current liabilities:        
Accounts and drafts payable 679 758    
Other accrued liabilities 901 1,001    
Gift card liability 174 230    
Current portion of long-term debt and finance leases 128 127    
Total current liabilities 1,882 2,116    
Long-term debt, net of current portion 12,821 12,839    
Finance leases, net of current portion 310 311    
Operating lease liabilities, net of current portion 1,019 1,027    
Other liabilities, net 895 872    
Deferred income taxes, net 1,288 1,313    
Total liabilities 18,215 18,478    
Partners’ capital:        
Accumulated other comprehensive income (loss) (1,020) (973)    
Total Partners’ capital 4,309 4,266    
Noncontrolling interests 2 2    
Total equity 4,311 4,268 $ 3,961 $ 3,853
Total liabilities and equity 22,526 22,746    
Class A common units        
Partners’ capital:        
Class A common units; 202,006,067 issued and outstanding at March 31, 2023 and December 31, 2022 8,951 8,735    
Partnership exchangeable units        
Partners’ capital:        
Partnership exchangeable units; 140,782,568 issued and outstanding at March 31, 2023; 142,996,640 issued and outstanding at December 31, 2022 $ (3,622) $ (3,496)