v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,063 $ 1,163
Accounts and notes receivable, net of allowance of $43 and $54, respectively 800 794
Inventories, net 224 205
Prepaids and other current assets 256 179
Assets held for sale - discontinued operations 0 489
Total current assets 2,343 2,830
Property and equipment, net of accumulated depreciation and amortization of $1,299 and $1,245, respectively 2,230 2,303
Operating lease assets, net 1,964 1,961
Intangible assets, net 10,945 11,190
Goodwill 6,183 6,306
Other assets, net 1,357 1,025
Total assets 25,022 25,615
Current liabilities:    
Accounts and drafts payable 884 866
Other accrued liabilities 1,165 1,271
Gift card liability 183 249
Current portion of long-term debt and finance leases 82 68
Liabilities held for sale - discontinued operations 0 437
Total current liabilities 2,314 2,891
Long-term debt, net of current portion 13,206 13,250
Finance leases, net of current portion 243 261
Operating lease liabilities, net of current portion 1,908 1,900
Other liabilities, net 900 1,034
Deferred income taxes, net 1,056 1,120
Total liabilities 19,627 20,456
Shareholders’ equity:    
Common shares, no par value; Unlimited shares authorized at June 30, 2026 and December 31, 2025; 349,205,651 shares issued and outstanding at June 30, 2026; 346,323,165 shares issued and outstanding at December 31, 2025 2,870 2,859
Retained earnings 2,179 1,795
Accumulated other comprehensive income (loss) (1,199) (1,020)
Total Restaurant Brands International Inc. shareholders’ equity 3,850 3,634
Noncontrolling interests 1,545 1,525
Total shareholders’ equity 5,395 5,159
Total liabilities and shareholders’ equity $ 25,022 $ 25,615