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Intangible Assets, net and Goodwill (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net and Goodwill
Intangible assets, net and goodwill consist of the following (in millions):

 
As of December 31,
 
2018
 
2017
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Identifiable assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
   Franchise agreements
$
705

 
$
(194
)
 
$
511

 
$
725

 
$
(168
)
 
$
557

   Favorable leases
407

 
(200
)
 
207

 
456

 
(194
)
 
262

      Subtotal
1,112

 
(394
)
 
718

 
1,181

 
(362
)
 
819

Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
   Tim Hortons brand
$
6,259

 
$

 
$
6,259

 
$
6,727

 
$

 
$
6,727

   Burger King brand
2,131

 

 
2,131

 
2,161

 

 
2,161

   Popeyes brand
1,355

 

 
1,355

 
1,355

 

 
1,355

      Subtotal
9,745

 

 
9,745

 
10,243

 

 
10,243

Intangible assets, net
 
 
 
 
$
10,463

 
 
 
 
 
$
11,062

 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
 
 
 
 
 
 
 
 
 
   Tim Hortons segment
$
4,038

 
 
 
 
 
$
4,326

 
 
 
 
   Burger King segment
602

 
 
 
 
 
610

 
 
 
 
   Popeyes segment
846

 
 
 
 
 
846

 
 
 
 
      Total
$
5,486

 
 
 
 
 
$
5,782

 
 
 
 
Schedule of Estimated Future Amortization Expenses on Intangible Assets
As of December 31, 2018, the estimated future amortization expense on identifiable assets subject to amortization is as follows (in millions):

Twelve-months ended December 31,
Amount
2019
$
64

2020
59

2021
55

2022
51

2023
48

Thereafter
441

Total
$
718