Intangible Assets, net and Goodwill (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023						December 31, 2022
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Identifiable assets subject to amortization:
Franchise agreements	$	722	$	(322)	$	400	$	720	$	(313)	$	407
Favorable leases	88		(57)		31		90		(57)		33
Subtotal	810		(379)		431		810		(370)		440
Indefinite-lived intangible assets:
Tim Hortons brand	$	6,308	$	—	$	6,308	$	6,292	$	—	$	6,292
Burger King brand	2,095		—		2,095		2,088		—		2,088
Popeyes brand	1,355		—		1,355		1,355		—		1,355
Firehouse Subs brand	816		—		816		816		—		816
Subtotal	10,574		—		10,574		10,551		—		10,551
Intangible assets, net					$	11,005					$	10,991
Goodwill:
Tim Hortons segment	$	4,069					$	4,059
Burger King segment	592						590
Popeyes segment	846						846
Firehouse Subs segment	193						193
Total	$	5,700					$	5,688