Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,026	$ 1,334
Accounts and notes receivable, net of allowance of $58 and $57, respectively	778	698
Inventories, net	167	142
Prepaids and other current assets	195	108
Assets held for sale - discontinued operations	622	0
Total current assets	2,788	2,282
Property and equipment, net of accumulated depreciation and amortization of $1,188 and $1,087, respectively	2,243	2,236
Operating lease assets, net	1,909	1,852
Intangible assets, net	11,279	10,922
Goodwill	6,301	5,986
Other assets, net	1,168	1,354
Total assets	25,688	24,632
Current liabilities:
Accounts and drafts payable	763	765
Other accrued liabilities	1,135	1,141
Gift card liability	189	236
Current portion of long-term debt and finance leases	221	222
Liabilities held for sale - discontinued operations	446	0
Total current liabilities	2,754	2,364
Long-term debt, net of current portion	13,428	13,455
Finance leases, net of current portion	282	286
Operating lease liabilities, net of current portion	1,835	1,770
Other liabilities, net	1,094	706
Deferred income taxes, net	1,205	1,208
Total liabilities	20,598	19,789
Shareholders’ equity:
Common shares, no par value; Unlimited shares authorized at June 30, 2025 and December 31, 2024; 327,777,360 shares issued and outstanding at June 30, 2025; 324,426,589 shares issued and outstanding at December 31, 2024	2,469	2,357
Retained earnings	1,794	1,860
Accumulated other comprehensive income (loss)	(946)	(1,107)
Total Restaurant Brands International Inc. shareholders’ equity	3,317	3,110
Noncontrolling interests	1,773	1,733
Total shareholders’ equity	5,090	4,843
Total liabilities and shareholders’ equity	$ 25,688	$ 24,632