Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt consists of the following (in millions):

			As of
			September 30,			December 31,
	Maturity dates		2016			2015
Term Loan Facility		December 12, 2021	$	5,059.0		$	5,097.7
2015 Senior Notes		January 15, 2022		1,250.0			1,250.0
2014 Senior Notes		April 1, 2022		2,250.0			2,250.0
Tim Hortons Notes		various		41.6			39.4
Other		N/A		92.6			88.5
Less: unamortized discount and deferred financing costs				(196.5	)		(224.3	)
Total debt, net				8,496.7			8,501.3
Less: current maturities of debt				(75.4	)		(39.0	)
Total long-term debt			$	8,421.3		$	8,462.3

Schedule of Interest Expense, Net

Interest expense, net consists of the following (in millions):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Term Loan Facility	$	54.6		$	52.6		$	160.5		$	197.8
2015 Senior Notes		14.5			14.4			43.4			20.7
2014 Senior Notes		33.8			33.8			101.3			101.3
Tim Hortons Notes		0.4			0.4			1.1			2.8
Amortization of deferred financing costs and debt issuance discount		9.8			9.7			29.1			25.0
Capital lease obligations		5.2			5.3			15.0			15.7
Other		0.3			0.7			2.0			2.3
Interest income		(1.3	)		(0.9	)		(2.8	)		(3.3	)
Interest expense, net	$	117.3		$	116.0		$	349.6		$	362.3