XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
Current assets:        
Cash and cash equivalents $ 3,435.5 $ 1,420.4 $ 957.5 $ 753.7
Accounts and notes receivable, net of allowance of $15.9 million and $14.3 million, respectively 388.8 403.5    
Inventories, net 89.5 71.8    
Advertising fund restricted assets 92.8 57.7    
Prepaids and other current assets 106.9 103.6    
Total current assets 4,113.5 2,057.0    
Property and equipment, net of accumulated depreciation and amortization of $545.0 million and $474.5 million, respectively 2,153.5 2,054.7    
Intangible assets, net 10,841.6 9,228.0    
Goodwill 5,683.7 4,675.1    
Net investment in property leased to franchisees 81.5 91.9    
Derivative assets 0.0 717.9    
Other assets, net 363.5 300.7    
Total assets 23,237.3 19,125.3    
Current liabilities:        
Accounts and drafts payable 376.1 369.8    
Other accrued liabilities 492.1 469.3    
Gift card liability 139.5 194.4    
Advertising fund liabilities 120.7 83.3    
Current portion of long term debt and capital leases 76.3 93.9    
Total current liabilities 1,204.7 1,210.7    
Term debt, net of current portion 11,252.9 8,410.2    
Capital leases, net of current portion 231.2 218.4    
Other liabilities, net 1,178.9 784.9    
Deferred income taxes, net 2,198.0 1,715.1    
Total liabilities 16,065.7 12,339.3    
Partnership preferred units; no par value; 68,530,939 authorized, issued and outstanding at June 30, 2017 and December 31, 2016 3,297.0 3,297.0    
Partners’ capital:        
Accumulated other comprehensive income (loss) (1,118.4) (1,355.4)    
Total Partners’ capital 3,870.9 3,484.9    
Noncontrolling interests 3.7 4.1    
Total equity 3,874.6 3,489.0    
Total liabilities, Partnership preferred units and equity 23,237.3 19,125.3    
Class A common units        
Partners’ capital:        
Class A common units; 202,006,067 issued and outstanding at June 30, 2017 and December 31, 2016 3,470.2 3,364.1    
Total equity 3,470.2 3,364.1    
Partnership Exchangeable Units        
Partners’ capital:        
Partnership exchangeable units; 226,848,674 issued and outstanding at June 30, 2017; 226,995,404 issued and outstanding at December 31, 2016 1,519.1 1,476.2    
Total equity $ 1,519.1 $ 1,476.2