v3.26.1
Supplemental Financial Information - Schedule of Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:            
Net income $ 665 $ 445 $ 263 $ 221 $ 1,110 $ 484
Equity in (earnings) loss of consolidated subsidiaries 0   0   0 0
Net loss from discontinued operations 0   1   0 3
Net income from continuing operations 665   264   1,110 487
Depreciation and amortization 77   77   155 148
Amortization of deferred financing costs and debt issuance discount 6   7   12 13
(Income) loss from equity method investments (2)   (5)   (4) (10)
(Gain) loss on remeasurement of foreign denominated transactions         (50) 207
Net (gains) losses on derivatives         (82) (102)
Share-based compensation and non-cash incentive compensation expense         70 81
Deferred income taxes         (215) 8
Other non-cash adjustments, net         (7) 31
Changes in current assets and liabilities, excluding acquisitions and dispositions:            
Accounts and notes receivable         (24) (72)
Inventories and prepaids and other current assets         (35) (30)
Accounts and drafts payable         42 (6)
Other accrued liabilities and gift card liability         (184) (155)
Tenant inducements paid to franchisees         (18) (14)
Changes in other long-term assets and liabilities         (13) (19)
Net cash provided by operating activities from continuing operations         757 567
Cash flows from investing activities:            
Payments for additions of property and equipment         (109) (102)
Net proceeds from disposal of assets, restaurant closures, and refranchisings         33 12
Net payments for acquisition of franchised restaurants, net of cash acquired         0 (152)
Settlement/sale of derivatives, net         28 40
Other investing activities, net         (12) 0
Net cash used for investing activities from continuing operations         (60) (202)
Cash flows from financing activities:            
Repayments of long-term debt and finance leases         (57) (66)
Distributions on Class A common units and Partnership exchangeable units         (579) (544)
Distribution to RBI for repurchase of RBI common shares         (170) 0
Distributions from subsidiaries         0 0
Capital contribution from RBI         35 20
Proceeds from derivatives         19 34
Other financing activities, net         (1) 1
Net cash used for financing activities from continuing operations         (753) (555)
Net cash used for discontinued operations         (27) (85)
Effect of exchange rates on cash and cash equivalents         (8) 19
(Decrease) increase in cash and cash equivalents, including cash classified as assets held for sale - discontinued operations         (91) (256)
Net cash used for discontinued operations         (9) (52)
(Decrease) increase in cash and cash equivalents         (100) (308)
Cash and cash equivalents at beginning of period   1,163   1,334 1,163 1,334
Cash and cash equivalents at end of period 1,063   1,026   1,063 1,026
Eliminations            
Cash flows from operating activities:            
Net income (665)   (263)   (1,110) (484)
Equity in (earnings) loss of consolidated subsidiaries 665   263   1,110 484
Net loss from discontinued operations     0   0 0
Net income from continuing operations 0   0   0 0
Depreciation and amortization         0 0
Amortization of deferred financing costs and debt issuance discount         0 0
(Income) loss from equity method investments 0   0   0 0
(Gain) loss on remeasurement of foreign denominated transactions         0 0
Net (gains) losses on derivatives         0 0
Share-based compensation and non-cash incentive compensation expense         0 0
Deferred income taxes         0 0
Other non-cash adjustments, net         0 0
Changes in current assets and liabilities, excluding acquisitions and dispositions:            
Accounts and notes receivable         0 0
Inventories and prepaids and other current assets         0 0
Accounts and drafts payable         0 0
Other accrued liabilities and gift card liability         0 0
Tenant inducements paid to franchisees         0 0
Changes in other long-term assets and liabilities         0 0
Net cash provided by operating activities from continuing operations         0 0
Cash flows from investing activities:            
Payments for additions of property and equipment         0 0
Net proceeds from disposal of assets, restaurant closures, and refranchisings         0 0
Net payments for acquisition of franchised restaurants, net of cash acquired           0
Settlement/sale of derivatives, net         0 0
Other investing activities, net         0  
Net cash used for investing activities from continuing operations         0 0
Cash flows from financing activities:            
Repayments of long-term debt and finance leases         0 0
Distributions on Class A common units and Partnership exchangeable units         0 0
Distribution to RBI for repurchase of RBI common shares         0  
Distributions from subsidiaries         0 0
Capital contribution from RBI         0 0
Proceeds from derivatives         0 0
Other financing activities, net         0 0
Net cash used for financing activities from continuing operations         0 0
Net cash used for discontinued operations         0 0
Effect of exchange rates on cash and cash equivalents         0 0
(Decrease) increase in cash and cash equivalents, including cash classified as assets held for sale - discontinued operations         0 0
Net cash used for discontinued operations         0 0
(Decrease) increase in cash and cash equivalents         0 0
Cash and cash equivalents at beginning of period   0   0 0 0
Cash and cash equivalents at end of period 0   0   0 0
Consolidated Borrowers | Reportable Legal Entities            
Cash flows from operating activities:            
Net income 665   263   1,110 484
Equity in (earnings) loss of consolidated subsidiaries 0   0   0 0
Net loss from discontinued operations     1   0 3
Net income from continuing operations 665   264   1,110 487
Depreciation and amortization         155 148
Amortization of deferred financing costs and debt issuance discount         12 13
(Income) loss from equity method investments (2)   (5)   (4) (10)
(Gain) loss on remeasurement of foreign denominated transactions         (50) 207
Net (gains) losses on derivatives         (82) (102)
Share-based compensation and non-cash incentive compensation expense         70 81
Deferred income taxes         (215) 8
Other non-cash adjustments, net         (7) 31
Changes in current assets and liabilities, excluding acquisitions and dispositions:            
Accounts and notes receivable         (24) (72)
Inventories and prepaids and other current assets         (35) (30)
Accounts and drafts payable         42 (6)
Other accrued liabilities and gift card liability         (184) (155)
Tenant inducements paid to franchisees         (18) (14)
Changes in other long-term assets and liabilities         (13) (19)
Net cash provided by operating activities from continuing operations         757 567
Cash flows from investing activities:            
Payments for additions of property and equipment         (109) (102)
Net proceeds from disposal of assets, restaurant closures, and refranchisings         33 12
Net payments for acquisition of franchised restaurants, net of cash acquired           (152)
Settlement/sale of derivatives, net         28 40
Other investing activities, net         (12)  
Net cash used for investing activities from continuing operations         (60) (202)
Cash flows from financing activities:            
Repayments of long-term debt and finance leases         (57) (66)
Distributions on Class A common units and Partnership exchangeable units         0 0
Distribution to RBI for repurchase of RBI common shares         0  
Distributions from subsidiaries         (749) (544)
Capital contribution from RBI         35 20
Proceeds from derivatives         19 34
Other financing activities, net         (1) 1
Net cash used for financing activities from continuing operations         (753) (555)
Net cash used for discontinued operations         (27) (85)
Effect of exchange rates on cash and cash equivalents         (8) 19
(Decrease) increase in cash and cash equivalents, including cash classified as assets held for sale - discontinued operations         (91) (256)
Net cash used for discontinued operations         (9) (52)
(Decrease) increase in cash and cash equivalents         (100) (308)
Cash and cash equivalents at beginning of period   1,163   1,334 1,163 1,334
Cash and cash equivalents at end of period 1,063   1,026   1,063 1,026
RBILP | Reportable Legal Entities            
Cash flows from operating activities:            
Net income 665   263   1,110 484
Equity in (earnings) loss of consolidated subsidiaries (665)   (263)   (1,110) (484)
Net loss from discontinued operations     0   0 0
Net income from continuing operations 0   0   0 0
Depreciation and amortization         0 0
Amortization of deferred financing costs and debt issuance discount         0 0
(Income) loss from equity method investments 0   0   0 0
(Gain) loss on remeasurement of foreign denominated transactions         0 0
Net (gains) losses on derivatives         0 0
Share-based compensation and non-cash incentive compensation expense         0 0
Deferred income taxes         0 0
Other non-cash adjustments, net         0 0
Changes in current assets and liabilities, excluding acquisitions and dispositions:            
Accounts and notes receivable         0 0
Inventories and prepaids and other current assets         0 0
Accounts and drafts payable         0 0
Other accrued liabilities and gift card liability         0 0
Tenant inducements paid to franchisees         0 0
Changes in other long-term assets and liabilities         0 0
Net cash provided by operating activities from continuing operations         0 0
Cash flows from investing activities:            
Payments for additions of property and equipment         0 0
Net proceeds from disposal of assets, restaurant closures, and refranchisings         0 0
Net payments for acquisition of franchised restaurants, net of cash acquired           0
Settlement/sale of derivatives, net         0 0
Other investing activities, net         0  
Net cash used for investing activities from continuing operations         0 0
Cash flows from financing activities:            
Repayments of long-term debt and finance leases         0 0
Distributions on Class A common units and Partnership exchangeable units         (579) (544)
Distribution to RBI for repurchase of RBI common shares         (170)  
Distributions from subsidiaries         749 544
Capital contribution from RBI         0 0
Proceeds from derivatives         0 0
Other financing activities, net         0 0
Net cash used for financing activities from continuing operations         0 0
Net cash used for discontinued operations         0 0
Effect of exchange rates on cash and cash equivalents         0 0
(Decrease) increase in cash and cash equivalents, including cash classified as assets held for sale - discontinued operations         0 0
Net cash used for discontinued operations         0 0
(Decrease) increase in cash and cash equivalents         0 0
Cash and cash equivalents at beginning of period   $ 0   $ 0 0 0
Cash and cash equivalents at end of period $ 0   $ 0   $ 0 $ 0